Education and Your Financial Future feat. Paul Jeffreys of Lawsons Wealth

Commonwealthy

Nov 13 2023 • 1 hr 1 min

In this webinar, the Commonwealth Chamber’s conversation centres on the topic of international education and financial planning. Our special guest for the session, Lawsons Wealth Consultant Paul Jeffreys, shares success stories and challenges faced by families who are trying to save for their children's education abroad. Paul highlights the importance of starting as early as possible for any financial endeavour, especially education considering the rising levels of competition and tuition fees for universities across the Commonwealth and the globe. When discussing the impact of COVID-19 on the industry, he shares his experience on the surprising benefits of online communication that allowed his clients, from all parts of the globe and from every age demographic, to be able to reach him more effectively leading to a greater number of consultations. Paul also highlights the impact of the pandemic on families who have already made the commitment to send their children overseas and were not deterred by the pandemic. However, those who were still in the midst of conversations about studying abroad may have decided to wait until they had more clarity about their financial situation. Throughout the conversation, Paul provides valuable insights into the world of international education and financial planning. One of the key takeaways is the importance of coaching and mentoring in helping families stay on track with their savings goals. With the right guidance, families can develop a clear plan for saving and investing, and avoid common pitfalls that can derail their efforts. Overall, the conversation offers a wealth of information and insights for anyone interested in international education and financial planning. From success stories to practical strategies for saving and investing, Paul provides a comprehensive overview of the challenges and opportunities involved in this complex and important field.