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If you have decided to put your children or child into private education, it is important to think about the financial implications in terms of costs in detail.
There are many different ways of funding private education. These are:
- Paying schooling fees and costs from earned income.
- Vest a one off lump sum to allow for teaching in the future.
- Using existing available investments.
- Establish some type of regular savings policy.
-You can use a combination of these methods to fund the cost of private tuition.

Paying school costs out of Taxed Income.

Settling fees and costs out of taxed income can cause troubles if not handled right. Good school fees planning should help you improve your cash flow and make the annual fee’s more easily affordable.

How can an independent financial adviser help?

A good independent financial adviser will take into account the school’s fees, your attitude towards making investments, taxation rates for your family, whether you have useable investments or capital and your thoughts towards financing. These are only a couple of factors financial adviser should take into consideration when producing any plans for fee payments.

Want to find out more information about our planning service.

Whether you are expecting to set up a regular monthly policy, fund out of income or invest a lump sum to cover future expenses and costs we can help you.
Our experienced financial adviser will provide support and direction. He will talk over with you, the advisable options for you and your family.
To speak to us in more depth about our service please contact us.
Consilium Asset Management are based in Bristol and provide independent financial advice on school fees planning.
This article should not be considered advice