What To Do Next:

Workout Your Basic Budget Calculations for education fees:

In order to work out the amount you have available for education fees provision you should work through the following steps to establish a statement of net worth.

Determine the family's cash flow.
Determine long-term and short-term debt obligations.
Determine the household budget.
Reduce debts where necessary or where possible.
Plan in advance for major short-term purchases.
Establish a savings pattern.
Create a fund for emergencies.