As parents gear up for another school year, the excitement of new beginnings often comes with financial stress. The reality is that the cost of education goes far beyond the school fees advertised. These costs can be overwhelming, but with careful planning, you can avoid the stress and focus on your child’s growth and learning.

The Hidden Costs of Education:

1. School Uniforms: From summer and winter uniform to sports kits, uniforms alone can cost thousands annually, especially with growing kids needing replacements (and because your child doesn’t know how they lost one school shoe!)
2. Stationery: Pencils, pens, books, and tech gadgets – the list seems endless. These essential items can quickly add up.
3. Aftercare Fees: For working parents, aftercare programmes are a necessity, adding extra monthly costs.
4. Meals at Aftercare: A warm meal at aftercare isn’t free, further increasing the family’s expenses.
5. Transport: Whether it’s a school bus, carpooling, or private transport, getting to and from school is a major expense.
6. Extra mural activities: Sports, music, and dance classes come with fees, gear, and travel costs that can catch parents off guard.

Plan Ahead, Invest Now!

Whether your child is starting grade 1 or nearing varsity, the best time to start saving for their education is now! At ThuthukaSA, we help parents and expecting parents create personalised investment plans tailored to their unique needs. Our strategy will help you beat inflation as your money will be invested through vehicles such as a tax-free investment account. This will ultimately buy you time so that you can focus on your child’s education stress free while your money works for you.

Contact ThuthukaSA and start the year off right – give your children the gift of uninterrupted education with a solid financial plan!