We all want to give our child the best start in Life. But sending your child to college can cost a lot. And with the possibility of higher University fees in the future, putting a plan in place now makes so much sense.
Cost of living for a student in Ireland for 2012/2013.
Living at home Living away from home
Annual Cost* €6,345 €10,050
Total cost over 4 years €25,380 €40,200
Source: DIT Campus Life, cost of living guide 2012/2013.
*this includes expenses, student contribution charge and rent.
With interest rates at historic lows it is hard to find value in some of the deposit accounts offered by banks.
Depending on the timescale before your child goes to college you could opt for an investment based regular savings contract, which over time could yield more than current deposit rates remembering that prices can fluctuate over the time period.
We are on hand to work with you to tailor a suitable savings plan to suit your needs and to review the plan constantly to work through any market volatility.
Contact our office today on 0719159222 to arrange a suitable time to sit down, dicuss your needs and set out a unique educational savings plan for you.