Planning for school fees without the January stress
School fees arrive at the same time every year, yet they still catch many families off guard. Spreading the cost across the year makes all the difference.
For many Kenyan families, education is the single biggest expense. The good news is that fees are predictable, which means they can be planned for.
Know the full cost
Add up fees, uniforms, books, transport and pocket money for each child for the whole year. Divide the total by twelve to find how much you need to put aside every month.
Use a dedicated savings account
Saving for fees in a separate account keeps the money safe from everyday spending and lets you see your progress as each term approaches.
Borrow wisely if you need to
If there is a gap, a short-term school fees loan repaid over the term is far cheaper than informal lenders. Apply early, before the rush, so the money is ready when schools open.
