How to wisely finance your children’s studies

by time news


Investing in the future: view of a library at the Humboldt University in Berlin
Build: AP

When the children go to university to study, it can get really expensive. This is another reason why it pays to think about financing at an early stage.

LDear couples, dear parents! I have no idea what your family plans are, and it’s none of my business. Can I still get rid of the message that the academic education of children is big money? From time to time I am asked by anxious parents and grandparents what the optimal financing of the studies of children and grandchildren can look like. Parents want to know how to invest smaller portions of child benefit, and grandparents want to know how to invest larger allowances.

My professorial companion from Holstein shakes her bright head at such questions, because she is of the opinion that many children are not even able to study, but I do not want to take away the hope that you have special snowflakes, and for this reason I have grabbed the calculator to present you the following numbers.

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