MyMoney Online, The Personal Finance series with Warren Ingram

How to save for your children’s tertiary education

The Money Show’s Bruce Whitfield interviewed Warren Ingram, Financial Advisor at Galileo Capital.

Ingram gave advice on saving for your child’s education if she has just started school.

Scroll down for quotes from the audio below.

12 years is long enough to put your money into shares.

Warren Ingram, Galileo Capital Financial Advisor

Put R1400 per month into a unit trust and you’ll be able to fund your child’s university education.

Warren Ingram, Galileo Capital Financial Advisor

A Tax Free Savings Account is a good investment for this. Just remember; you’re using up their lifetime allowance. Also, when they turn 18 it’s theirs to do with what they want.

Warren Ingram, Galileo Capital Financial Advisor

This article first appeared on 702 : How to save for your children’s tertiary education


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