Investing
VIDEO: How to help children with the cost of university
30/08/2018
As thoughts turn to university, parents will be wondering how they can support their children with the costs of higher education. But even if your kids are young, you can help them on their way now.
University isn’t cheap as the average student graduates with £50,000 of debt. With the pressures of landing a good job with a decent wage as well as thinking about getting on the property ladder, students also have to contend with paying back interest on student loans – currently above 6%.
But whether they even have to pay it off, or they repay some or all of it back depends on their salary. In our five-minute video, Maike Currie of Fidelity International explains to YourMoney.com’s editor, Joanna Faith, repayment thresholds, why student loans should be referred to as ‘graduate tax’ and why it’s never too early to start saving for university for your little ones.
There are 0 Comment(s)
If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.
The savings accounts paying the most interest
If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...
Coronavirus and your finances: what help can you get?
News and updates on everything to do with coronavirus and your personal finances.
Everything you need to know about being furloughed
If you’ve been ‘furloughed’ by your company, here’s what it means…
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
Having a baby and your finances: seven top tips
We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...
Protecting family wealth: 10 tips for cutting inheritance tax
Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...
Travel insurance: Five tips to ensure a successful claim
Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 300 High Holborn, London WC1V 7JH, Company.
