In a couple of years, private school fees start. These have an obvious impact on servicability with the banks, as they must be declared as part of living expenses declaration. Is there some strategies for minimising the affect on servicability. For example: Paying upfront so I will not have the ongoing expense (eg. Pay full 6 years, so ongoing expense eliminated. Could you pay 1 year or 2 years upfront?) Put sufficient cash into a trust dedicated to providing for children’s education, so no ongoing commitment from me personally. Can you purchase an education bond that pays ongoing education expenses (Do those type of things still exist? Sort of like Christmas Club but for schools fees. Certainly not preferred as like to maintain control and invest money myself). Interested in hearing any ideas?