Three in five wealthy parents prefer investing over school fees
UKPulse Local Desk
A majority of affluent parents would opt to invest £100,000 for their child's future rather than spending it on school fees, according to a recent finding.
- Three in five wealthy parents would choose to invest £100,000.
- Investment options mentioned include an ISA or property.
- This preference is over spending the same amount on school fees.
Three out of five wealthy parents have indicated they would rather invest £100,000 for their child's future than use the sum for school fees. The preferred investment avenues include an ISA or property, according to a recent report.
This choice reflects a preference for long-term financial growth over educational expenditure when faced with the hypothetical decision.