The Leapers are overjoyed: Lincoln has successfully secured his first choice school upon completion of the SEA exam and is now ready to embark on the next phase of his life at secondary school. Although this journey will take seven years, his parents are fully aware and prepared for the next step which should take him through the tertiary level.
When Lincoln was born, the Leaps started putting aside funds towards his education. When he finally walks through the college’s hallowed gates, Mom and Dad will smile. One of life’s major expenses will be navigated with very little debt.
In fact, the Leaps have already built a substantial fund over the last eleven years from an initial investment and monthly contributions into a regular savings plan. They have another seven years to put those funds to work and have sought the advice of a professional who can assist in mapping out an investment plan with growth potential and limited risk to achieve their target upon entry to university of Lincoln’s choice. A regular savings plan alone will not be adequate to achieve this target; however, a portfolio with a mix of equities and fixed income securities could assist the Leaps in building sufficient finances to cover university costs.
The Leaps have given Lincoln the head start he needed to ensure that his university costs were taken care of. They invested early in a plan that will allow him to attain a higher degree/certification, giving him the advantage over those with just a high school diploma. They were able to plan for it in their budget at an early stage and developed a disciplined approach towards savings in order to set Lincoln up for success in the future. According to the Leaps, there is no better feeling than knowing that their son will enjoy the university experience without the cost of debt lurking over him.
Like the Leapers, you can invest in your child’s future. Secure tomorrow’s tuition costs for less by saving and investing in a dedicated financial plan today. Take the step and make the investment in your children so that they can be the beneficiaries of your foresight.
Just like the Leapers, parental concerns include:
To find out how you can save towards your child’s education contact Guardian Asset Management at 226-2799 or visit http://leap.myguardiangroup.com/ to find out more!