If an independent school education features heavily on your wish list then you'll need a nest-egg in the region of £150,000 - the equivalent of small mortgage - per child, to cover private day school fees alone. Indeed some schools have introduced 'mortgage style' payment options for those who want an independent school education but can't afford the fees up front.
Factor in boarding education, at a top senior school, and £150k won't even cover the last five years. There are money saving possibilities of course - bursaries scholarships, fee plans...
Fortunately, paying for a private education, from finger painting to Freshers’ Week and beyond, is not the only option, with even the very wealthy oft choosing when to pay and where to save.
As we explain....
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