"Education is not the filling of a pail, but the lighting of a fire."
- William Butler Yeats
A good education is the finest gift you can ever give your child.
A vital part of being a good parent is to equip your children with the best possible skills that will enable them to find a suitable job to support themselves and their families one day.
In addition to education providing security, opportunity and fulfilment, the level of education is directly related to earning potential - the higher the level of education, the higher the potential income.
The average income with a Standard 8 certificate is R2,000 per month.
With a Matric, R4,000 per month.
With a Diploma, R6,000 per month and
With a Degree, R8,500 per month!
A matric no longer guarantees a good job. 40% of matriculants are jobless! Your child needs some sort of tertiary education in order to secure a meaningful job.
What do you wish for your child?
Why it is important to save for a child's education.
A good education is the key to giving your children a head start in life. Unfortunately, many families struggle to find the money required for school fees, university fees and all the associated costs, like uniforms and sports costs.
A child who spends 2 years at pre-primary school, 7 years at a private primary school, 5 years at a private senior school and 4 years at university i.e. a period of 17 years, will cost you approximately R1,000,000 in fees alone - if one assumes a 10% annual increase in the cost of education.
And with two or more children, just how can you afford the fees?
The costs of extra-mural activities, books, uniforms, accommodation and other such items, which can also be substantial, are NOT included in these costs, but often represent an additional 10 – 20% of typical education costs.
Any way you look at it, a significant amount of money is required for the education of your children.
Give your child the chance to make their world a better place.
As a parent, you want the best for your child: the peace of mind of knowing that your child can enter adult life with a good educational foundation, and a chance to fulfil their dreams.
You also need the security of knowing that should anything unforeseen happen to you, your child's future will be secured.
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