Child trust funds only part of the education solution

child trust funds

The increasing cost of education means that parents and grandparents should put money aside sooner rather than later, making use of the various investment plans available as well as the Child Trust Fund

Family-friendly initiatives look set to climb the political agenda at the next election with the Child Trust Fund (CTF) offering a ray of hope to those planning ahead for the cost of education. However it will only form part of the solution to a growing problem. The consequences of a culture that not only tolerates but encourages debt, combined with the ever increasing cost of education means that the sums involved are daunting. Footing the bill for either school or university education will be a financial challenge that can only be met by planning savings and investments for the future ear...