Public vs Private School: The Real Costs, Trade-offs & How to Plan with Alex Luck

Thinking about sending your kids to private school or wondering if public might be the smarter choice? 🎒 In this episode, Molly sits down with financial adviser Alexander Luck from Everest Wealth to break down the true costs of education in Australia.

We cover:

• How much private vs public schooling really costs (spoiler: it’s not just tuition)
• Common budgeting mistakes parents make when planning for school fees
• Smart ways to start investing early to cover future education expenses
• The hidden extras: uniforms, excursions, tech, and more
• Whether elite schools are really “worth it” compared to public options
• Trade-offs families face, like retiring earlier, paying off the mortgage, or funding big holidays instead of fees
  
  

Alex also explains how education bonds, trusts, and smart tax structures can help families prepare, plus tips for minimising back-to-school costs (like second-hand uniforms and buying supplies early).

If you’ve ever wondered whether private school is worth the six-figure price tag or how to plan ahead so school fees don’t derail your family finances this one’s for you.

Want to speak to Alex or the team fill out this form.

 

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The advice shared by Ladies Finance Club is general in nature and does not consider your individual circumstances. Our content is for educational purposes only and should not be relied upon to make financial decisions. If you are considering purchasing a financial product, read the PDS and TMD and seek financial advice tailored to your personal needs. Molly Benjamin and Ladies Finance Club Pty Ltd are authorised representatives of Wattle Partners Pty Ltd, AFSL 383169.

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