A guide to student finance with LGT Vestra

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A guide to student finance with LGT Vestra

By Talk 用帥杏
24 February 2023

Money can be a tricky subject for families to talk about, and as children get older and start having more access to their own savings, the topic can swiftly turn into the elephant in the room. So how can we parents use practical lessons and experiences to ensure our children have the best possible understanding of saving, budgeting, investments – and, of course, the all-important tax and pensions?

For the next instalment of our finance focus series in partnership with , we asked Wealth Planner Swaati Taylor to talk us through the various things that sixth formers, young adults and their parents need to bear in mind when they’re planning their finances – for university and beyond (remember: it’s never too early to start thinking about your pension!)…

Our video covers:

Guidance for parents about how to talk to children and young adults about money
How to teach university-aged children about budgeting and managing their finances
What young adults need to know about tax – and things to consider once you start earning
How to talk to young adults about investing – and what they need to bear in mind
The right age to start planning for retirement

For more information on repaying student loans, please refer to the table below:

If you missed the earlier instalments of our finance focus series, click here to watch our video with Swaati on saving for your child’s future; and here to listen to LGT Vestra’s Simon Allister give his advice on saving for your child’s school fees.

TE Schools Advice

Choosing your child’s school is one of the most important decisions you will ever make – let our experienced team help you. We will guide you through the decision-making process and give you the confidence to make the right choice, armed with the most up-to-date insider knowledge. We are all parents ourselves – we know how hard this is, and we can make it easier for you.