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cuppatea 
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Joined: 05 February 2007
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 Topic: Anyone with children under 10
Posted: 08 April 2008 at 11:42am |
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Hi,
Have a look at this website
http://www.asg.co.nz/
They offer savings shemes to pay for highschool/uni. They are a not for profit organisation and as well as the savings they offer careers advice and support for parents etc.
We had a guy come round last night and explain it all to us and have joined Spencer up, well worth it in my opinion, and as they are not for profit they can't advertise so rely on word of mouth, so thought I would tell all you lot.
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Bombshell
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Joined: 01 January 1900
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Posted: 08 April 2008 at 12:04pm |
yeah not convinced about them sorry! they have been aaround a long time but people get stuck forking out for an education their kids often dont use....I wont be doing that...would rather save for private school and Uni etc in a different way...heck we pay $12000 a year now for daycare! 
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Bel
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Location: Northland
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Posted: 08 April 2008 at 12:15pm |
Where the heck does BBS go to daycare?? 
Yeah I am not quite convinced by the idea, and do think that it is hard to plan your child life when they are still so small...
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Luke (09.11.2007)
Amy (01.04.2009)
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meow
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Posted: 08 April 2008 at 12:19pm |
Nope, I don't like the idea either - my friend joined up and sent a guy to see us, he wouldn't let us keep the brochures to read over, we had to sign up there and then
My friend ended up pulling out of it and they lost $500 as they told her it was non-refundable. Load of BS to be honest!
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Shorty
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Posted: 08 April 2008 at 12:24pm |
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I had the guy come round and was not convinced by his attitude and the whole system.
We already pay $11180 a year in DC costs now so I am sure we will sort someting out without their help
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cuppatea
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Posted: 08 April 2008 at 12:46pm |
Well technically you don't have to spend the money on education as you get a lump sum and it goes to the parents not to the child and then you can decide how it is spent. There was only one scheme where part of the money goes to the child and that was at uni level. Also the guy that saw us wasn't just keen on kids going to uni but also talked about apprenticeships etc, just some form of higher education/training. You start getting the money back when they are 13 as well so its not just focused on uni but with helping with the costs for highshcool as well.
We were also told that if we decide to pull out/can't pay whatever then we get all our money back so i'm not sure how she got ripped off for $500, the guy was also happy to leave all the info with us to mull over we didn't have to sign up while he was here.
He is a volunteer I see little reason for why he would pressurise us to join when he doesn't get anything out of it.
BS nice that you can pay all that money out but not everyone is rollling in it.
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Bombshell
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Posted: 08 April 2008 at 7:32pm |
 Bel wrote:
Where the heck does BBS go to daycare??
Yeah I am not quite convinced by the idea, and do think that it is hard to plan your child life when they are still so small... |
just a normal daycare...thats what it adds up to...and that is without swimming lessons...i worked out that was at least another $500 per annum, and was going to enrol her in a play gym but thats another $1000 per annum...doesnt hurt so much when you say DC costs $230 per week etc but per annum it is normal....so once she isnt there we figure we can save the same....why not we will have been paying it up to school at five anyways...and anyone with kids in DC has ability to do the same...unless they then go to private school...which actually works out cheaper than DC!!!!
sooooo in answer to you - saving her DC costs once she starts school will give us back $12000 per annum, and by time finishes school she has enough for her education, a car and possibly more...my grandma on a widows benefit in a state house set up an education trust for me...heck if she could do it and pay for my two degrees at uni I dont know why anyone on here cant?
and btw i have seen plenty of people burned with this scheme....sorry.
Edited by Bombshell
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Maya
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Posted: 08 April 2008 at 7:36pm |
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I must say the pockets here are feeling a lot healthier now that Maya is at school and I'm not forking our for Montessori fees, school is peanuts in comparison, and that's for a Catholic school...
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Maya Grace (28/02/03)
 (02/01/06)
The Gremlins:Sienna Marie & Mercedes Kailah (14/10/06)
Lil miss:Chiara Louise Chloe (09/07/08)
Her ladyship:Rosalia Sophie Anais (18/06/12)
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mummy_becks
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Posted: 08 April 2008 at 7:36pm |
Yeah I didn't think too much of them when I first met them at the P&C show a few years ago. I didn't like that they wouldn't give me any information to read about it till I had signed their pieces of paper. And I won't get started on what they did to my friend.
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I was a puree feeder, forward facing, cot sleeping, pram pushing kind of Mum... and my kids survived!
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Kels
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Posted: 08 April 2008 at 10:53pm |
These people rang me a few weeks back and tried to set up a time to come around and see me. I said just send me some info and I will decide if I want a visit. He then said sorry we cant give you any information that is what the meeting is about so I said well sorry no info for me to read im not interested. There are ways and means of saving for education.
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Busy mum to Miss 15yrs, Miss 10yrs and Master 4yrs
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mylilmosaic
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Posted: 09 April 2008 at 8:54am |
If you live in Akl or as far south as Taupo and you are on a lower income and have a boy, you could always apply for him to get into Dilworth Junior Campus. This is a scholarship private school and is fabulous. 
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cuppatea
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Posted: 09 April 2008 at 9:26am |
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No I live in christchurch and we haven't even decided whether to go private or not. Neither DH or I went to private school and we both did well and went onto higher education but then we went through the uk system which is quite different and in England it is pretty much presumed that people go onto higher eduction the rate of children doing that in nz is appalling.
The asg scheme is more designed to pay for the other costs of highschool, such as books, sports tours etc and then for uni it helps pay fees and gives the child a living allowance so they don't have to get into hideous amounts of debt, if they decide not to go to uni then that money can be used for whatever else the parents see fit.
I hadn't asked peoples opinions about this, we had them come round we read all the info and think it is a good scheme that suits us. I thought I would let people on here who didn't know about it know about it on the assumption that they are old enough and smart enough to read up on it and make their own decision.
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Anyone with children under 10
