Education planning is a key concern for any young parent. But how much is enough?
A local bank advertised “…future education costs up to $1m”. $1m? Really?
What about a family of 3 kids? Then it’s $3m? 🤷♂
Maybe that includes all the childcare centre fees and stuff. But their projected overseas costs specifically was $946,777.
I dug in to explore what it really needs for local universities instead. Hence this calculated out $50,000 number to share with you. ✔
* In addition, with some feedback, I’ve added a further point in the post to share why I’d still prefer these 4 methods.
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