Season 15 Episode 18

Matthew Green on how parents should plan for education costs

13 November 2026 · 14:49 min

Education costs can stretch South African family budgets far beyond school fees. Matthew Green, Product Development Manager at FNB South Africa, explains how parents can prepare.

Green discusses FNB research showing that while most parents plan for their children’s education, far fewer have a… structured financial plan in place. He explains how uniforms, devices, sport, school trips, extra lessons, and tertiary education can steadily increase the real cost of raising and educating a child.

The conversation explores why parents should start saving early, create dedicated education savings, and protect household income through appropriate insurance. Green also explains how savings goals, financial calculators, and advice can help families understand future costs and reduce dependence on monthly salaries.

0:00 Intro
1:38 The hidden costs of education
3:00 Why parents keep underbudgeting
5:49 What prepared parents do differently
7:57 Why insurance matters
8:20 Digital tools for education planning
10:36 The risks of relying on salary income

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