Setting education cost goals helps you to make smart money decisions. Formulating a goal orientated plan for school costs will help you to achieve all your budgeting goals.
Your education cost goal plan will include:
- Which electronic device?
- What musical instrument?
- How many sports?
- What happens with the textbooks? And
- What is the stationery list?
The choices are endless and your hard earned money is very stretched at times. Whilst many schools have a textbook and musical instrument hiring schemes. Others require you to provide your child with standard equipment, exercise, art and drawing books, pens, pencils, paints and crayons.
With your list and the right amount of time and patience. Buying each item on sale from bookstores and larger variety chains while on sale helps enormously. If you get together with your friends, you may also get a discount online for buying in bulk.
With the Foresters Community Loan approval in hand. Savvy parents negotiate strong pricing. Shopping around for electronic, musical and sporting equipment is needed for the upcoming school year. All the quotes are combined into the loan. Removing the need for multiple loan applications or juggling in-store repayment programs.
Whichever education path you decide to start your child on, the cost of teaching them the alphabet through to algebra can be expensive.
Dropping out of school because of the costs can be risky. But persevering with help from community organisations and low interest loan schemes can make the difference between an actively engaged or a disengaged young Australian.
With the Foresters Community Loan you could borrow from $500 up to $4,000, to help pay school fees and expenses. With a variable rate loan you also have the flexibility to make extra repayments whenever you can so you can pay off your loan early and save on interest. For example, if you have a little extra from your end-of-year savings account you could make an extra loan repayment.
To suit your lifestyle and budget you can also choose a loan term between 6 months and 2 years with weekly or fortnightly repayments.
Apply for an Foresters Community Finance Personal Loan today.
Visit www.foresters.org.au now, to get started.