Investing in your child's education is a major decision that will have an impact on your child's learning and your family's finances.
For families with a decent income it is impossible to qualify for bursaries, therefore most families will need to adjust their spending and decide to send their child to private school for a select period of time.
As a Certified Cash Flow Specialist (CCS™), I offer a service called Behavioural Cash Flow Planning™. I use a simple three step process to show you how to afford private school from the money you earn.
“Sending your child to private school has to fit with your other personal and family goals.”
The Behavioural Cash Flow Plan™ is a written document that includes specific advice on personal spending. A Behavioural Cash Flow Plan™ is NOT a budget. It allows me to take into account your income, expenses, proximity to retirement (or other major goals), assets and liabilities and
recommend how much you can spend on the things you can control in order to achieve your dreams and send your child to private school.
It will save tens if not hundreds of thousands of dollars in inefficient interest, find you the money to fund your dreams, help you stop money leaks on stuff that doesn’t matter so you’ve got money for private school tuition. Finally it will tell you what TO DO, not what TO BUY!
First we’ll have a quick phone conversation to discuss whether or not a Behavioural Cash Flow Plan™ is right for you. If I’m confident I’m able to make a big difference in your finances I’ll invite you in for an initial consult. From there we’ll go over the things you really want from your money right now.
Then I’ll show you how meeting short term goals again and again for fun things like renovating your kitchen, or a dream vacation or sending your child to private school, are actually the key to changing the behaviour that will fund your long term dreams.
Finally, I’ll create a written plan to show you exactly how
to reach those goals.
A Behavioural Cash Flow Plan™ is forward looking by helping to make you spend according to your goals. A budget looks at spending that has already occurred and cannot be corrected. To achieve success, it is important to let the past go, especially past spending decisions that felt good at the time and now are filled with regret. The past is gone, we can work together towards a future filled with you achieving your goals.
A Behavioural Cash Flow Plan™ will provide you with a structure that automates spending decisions that align with your goals and limits the damage you can cause do to everyday financial decisions that are driven by emotions. The plan will also explore ways to reduce financial risk and create greater financial slack so that unforeseen expenses or emergencies can be handled without setting your goals back.
Papyrus Planning is an advice-only financial planning firm focused on creating detailed and personalized written cash flow plans for Canadians. Advice-only means we work for you and no one else. No sales. No commissions.
Papyrus Planning is led by David Field—a Certified Financial Planner® and Certified Cash Flow Specialist—who has helped couples and individuals build customized cash flow plans that focus on their goals and priorities. David Field is a past editor of Our Kids, a magazine about private schools education in Canada.
Papyrus Planning is based in Mississauga, Ontario, Canada but is able to work with Canadians across Canada and abroad.
All it takes is a quick complimentary 20-minute phone call to learn how specifically a
Behavioural Cash Flow Plan™ can help you send your child to private school.
Copyright 2019, Papyrus Planning