All parents want to give their children the best possible start in life, and will go to great lengths to make this a reality. Of all the benefits one can provide, there’s nothing that beats a good education that gives lasting value.
In a world of intense competition surrounding every prospective industry, securing a well-paid, future-proof career may have never been a more challenging yet essential endeavour. By providing your child with the best possible education from an early start, the likelihood of their success in pursuing their eventual life goals increases by orders of magnitude.
Education fees around the world have risen steadily over the years, with good education increasingly becoming a major financial drain – similar to buying a house or moving abroad. This makes well-informed planning vital for your child’s future. Consequently, contacting deVere professionals to intelligently allocate and manage funds to meet these rising costs - especially if you have more than one child – is something to think about.
The cost of raising a child has increased by 62%, from £140,398 in 2003, to over £227,000 today.
The increasing cost means that parents are now spending on average more than a quarter (28%) of their annual income on bringing up their child each year - up from 23% a decade ago.
Planning in advance will give you the financial freedom you deserve and allow you to make the best decisions to ensure a bright future for your children.
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With registered Branch offices in Zurich, Geneva and Basel, deVere & Partners Switzerland SA is a financial Service provider according to the Swiss Financial Services Act. In compliance with its legal duties, deVere & Partners Switzerland SA is a member of “Finanzombudsstelle Schweiz FINOS” ombudsman’s office (“FINOS”). FINOS is an ombudsman’s office according to the Swiss Financial Services Act and has been licensed by the Swiss Federal Department of Finance. FINOS is domiciled at Talstrasse 20, 8001 Zurich, Switzerland. FINOS can be contacted at their domicile, by phone no +41 44 552 08 00 or by e-mail to [email protected].