A good education is a foundation for a successful future and naturally, every parent wants to give their children the best possible education. However, in many cases, they may end up having to take out significant borrowings in order to keep pace with the rising education and living costs associated with their children’s schooling. (It is estimated that the typical cost of Third Level Education alone can be in excess of €10,000 per annum per child.) If you are looking for education savings out of your hard-earned money for your child’s education it is wise to look at alternatives to deposits. The best education investment plan comes with a variety of options available and lots of opportunities for you to start a small education savings account and work your way up as time changes. Options range from very low risk to very high risk, something for all types of investors.
