They grow fast,
really fast !
Our greatest gift to them is Education
Caring for your child means caring for his/her future, the basis of which remains education and life-long learning.
Caring for your child means caring for his/her future, the basis of which remains education and life-long learning.
Our Education
Financial Planning Process
The best education plans fail; if inadequately funded and poorly invested.
Your child's ambitions
Irrespective of one’s education and status, one should attend to one’s child’s ambitions in life. Invariably and in most cases, education remains the foundation for a successful life. One should carefully plan for it such that they stand a chance.
Your relationship manager at Anneau will sit down with you to understand your aspirations for your child and his/her ambitions. What career would be of interest? Which studies will provide a solid foundation for such a career? Which industries / regions / countries / languages, etc are likely to be interesting in the future? Which skills will be required? Which country/university would be appropriate? How much will tuition expenses, books, materials, living, travelling, etc cost? Once the budget is established and pre-agreed, a savings and investment plan can be formulated.
Formulating your plan
Sending your child to University or for higher learning is your goal. The Financial Plan is the tool you will use to achieve your goal. Anneau will establish a savings and/or investment plan to ensure his/her education is fully/partly provided for.
When formulating an educational plan, it is important to account for the important factors on an ‘All-In’ costs basis. Whether you have the financial strength to support your child’s higher education fully or partly, having built at least an initial pool shall further allow him/her to benefit from an educational loan. He/She can even work part-time to supplement your education plan. Irrespective of your current financial situation and/or status, do not ever let the latter dictate your child’s ambitions, dreams and future. Your education plan shall be ideally formulated and invested, for your child.
Implementing your Plan
Without disciplined implementation, no plan can be successful and no goal can be achieved. Hence the importance of you doing your best, day in-day out, to ensure that you are saving/investing with discipline, patience and riguor.
Your Education plan will clearly dictate what savings/investments, which can be in Lump-sums and/or monthly contributions. Your Relationship Manager will regularly sit down with you to review the plan and its performance. Your current financial situation and your child’s dream may/will invariably change with time and it is important that your savings/investment plan adjust to it (especially in periods of economic volatility which results in changes in interest rates). As your child joins university, Anneau shall further assist you with reasonable advice and transfers.
