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Money Matters

Financial AdviceDid you know today`s average primary school fees of US$6,000 per child per year will be approximately US$7,000 per child in four years time, calculated at a conservative inflation rate of only 4% per annum? A child in grade three this year can expect average high school fees to be approximately US$10,528 in four years when he or she goes into form one!

As you are probably aware, there are thousands of universities and colleges worldwide churning out degrees in one form or another. A student enrolling at university for the first time must ensure they are enrolled at a university recognized by employers in their field of study in order to ensure they will be employable when they graduate. Universities rated in the top fifty in the United Kingdom and the United States are charging US$40,000 to US$50,000 for the first year of a degree in Medicine. This will become very close to US$60,000 when living and all other expenses have been included!

It is therefore critically important to have a savings plan.  Please contact CJ Accounting to help you make an early start to securing your children`s future by saving money. Email; consult@cjaccounting.co.zw or telephone, Corne +263 (0)4 745960/1/2 or 0771 563794.