ALLAN GRAY: Investing for your child’s education.
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GUEST – Shaheed Mohamed, Head of Group Savings and Investments at Allan Gray
January marks the start of the school year in South Africa, and for many parents, the rising cost of education is top of mind. Education is one of the most significant financial commitments parents will make, yet costs often outpace inflation and salary growth. Add to this private and global study aspirations, and the challenge becomes even greater. The good news is that even a small amount put aside today can grow exponentially to provide some budget relief and optionality in the future.
Allan Gray’s Group Savings and Investments head Shaheed Mohamed joins Kaya Biz to discuss investing for education amid many conflicting priorities. He will share practical steps for building a robust, tax-efficient and diversified plan that can turn an intimidating goal into an action plan.
January marks the start of the school year in South Africa, and for many parents, the rising cost of education is top of mind. Education is one of the most significant financial commitments parents will make, yet costs often outpace inflation and salary growth. Add to this private and global study aspirations, and the challenge becomes even greater. The good news is that even a small amount put aside today can grow exponentially to provide some budget relief and optionality in the future.
Allan Gray’s Group Savings and Investments head Shaheed Mohamed joins Kaya Biz to discuss investing for education amid many conflicting priorities. He will share practical steps for building a robust, tax-efficient and diversified plan that can turn an intimidating goal into an action plan.
