54 The Smart Way to Fund Your Kids’ and Grandkids’ Education

School fees. University costs. Tutoring. Technology. Uniforms. Excursions. Somehow, every year the cost of education seems to climb even higher and for many families, it can feel like a financial treadmill that never quite slows down. This conversation is not just for parents currently raising children as increasingly, grandparents are stepping in too. Whether it is helping with private school fees, contributing towards university costs, or wanting to create a meaningful financial legacy for the next generation, many women in their 50s, 60s and beyond are asking the same question: “How can I help my kids and grandkids without compromising my own future?” In this episode of the Her Money Matters podcast, I sit down with Marie Lazar from Futurity Investment Group to unpack one of the financial planning tools more families are beginning to explore: education bonds. For many women, this sits right at the intersection of family, legacy, and financial planning. You may be in the thick of paying school fees right now. You may have adult children struggling with the rising cost of raising kids, or you may be looking at your grandchildren and wanting to create opportunities for them in a practical and meaningful way. Marie and I discuss the rising cost of education in Australia, the different ways families currently fund education, and how education bonds actually work in practice. We also unpack who they may suit, the tax considerations, the flexibility they offer, and why this has become an increasingly important conversation for both parents and grandparents. In this episode we cover: The rising cost of education in Australia Why education planning matters more than ever for families The different ways parents and grandparents fund education costs What an education bond actually is How education bonds work from a tax perspective The key features and benefits of education bonds Who education bonds may be suitable for How grandparents can use education bonds as part of legacy planning As always, this episode is general information only and does not take into account your personal circumstances or financial needs. So join us for a practical, thoughtful, and surprisingly fascinating conversation about one of the biggest investments many families will ever make - education.