Want to save for Education?
You’ve come to the right place. We don’t only aim to make saving for your child’s education easy and flexible, we also want to see your kid get the best education under the sun. Whether you want to save for yourself or for your child, we have education savings plans designed for your education needs. Never struggle to cover the cost of uniforms, sports gear, music lessons and for some, extra maths and science lessons. It’s never too early or too late to start, let us help you plan for those education costs.
.png "Want to save for education?")
Child's current age
Estimated Future Education Costs
How much you will have saved with R500 per month
How much you will have saved with R1 000 per month
How much you will have saved with R1 500 per month
3 years
R991 099
8 years
10 years
3 years
Benefits
8 years
Benefits
10 years
Benefits
The purpose of this table is to illustrate the benefit of starting to save for education as early as possible. Assumes: the cost of a 4-year-degree, with your child starting at age 18yrs; an 8% expected annual growth in value of savings; an 8% expected annual inflation rate. Growth rates can vary depending on economic circumstances. The amount that you need to save might however differ depending on your specific circumstances and needs. Please do not rely purely on this table when making financial decisions. It’s always important to get professional financial advice.
We know you don’t only want your child to be bright in class, you also want a bright financial future for yourself. Right? The feeling is mutual - we want all things bright. Our products are designed to make saving for education simple and flexible. Have a look at our products and make saving for education fun.
Features
Tax Free Savings Account
Grow your savings without paying tax on the growth your money makes
FutureInvest 4 Education
A fixed investment plan designed to help you save for education
Unit Trusts
A highly flexible investment with a large selection of funds to choose from
From R265/month
Is my investment growth tax free?
Tax Free Savings Account
Grow your savings without paying tax on the growth your money makes
Features
FutureInvest 4 Education
A fixed investment plan designed to help you save for education
Features
Flexible Plan
Allows you to supplement your tax free savings or simply save for any other life goals
Features
Unit Trusts
A highly flexible investment with a large selection of funds to choose from
Features
From R265/month
Please note that it always remains important to read and understand the terms and conditions of each product.
Make your money work for you! You want to be able to invest your money where you can get inflation-beating returns. That means investing it in a savings vehicle that provides capital growth (that’s growth for your money) over the medium- to long-term. The more time you have to invest your money the more time it has to grow.
