
Most parents have an education plan, but few are prepared for the full cost
FNB’s survey suggests that underestimated expenses and reliance on current income leave many plans vulnerable as children progress through the education system.

FNB’s survey suggests that underestimated expenses and reliance on current income leave many plans vulnerable as children progress through the education system.

From no-fee schools to R200 000-plus private options, rising education costs are forcing families to budget smarter, plan earlier and rethink how they fund schooling without sinking deeper into debt.

With education costs climbing faster than inflation, parents can ease the financial burden of back-to-school season by planning ahead, saving smartly, and prioritising essential expenses.

Paul Hutchinson, sales manager at Ninety One, recommends growth-focused investments to protect against long-term economic changes – and inflation.