9.10.2024

Only three invoices left

A third of September has passed and so far we have barely received a single dollar in dividends. According to the dividend calendar, we should receive a large part of the month's dividends this Monday. How much of this month's dividends we will be able to invest remains to be seen since the invoice for the world's most perfect teenager's second term in year 11 is sent out in October. After this payment, only two invoices remain for the offspring's schooling.

Other parents count the years until the children finish school, we count the invoices. The school is usually tax-financed in Sweden, but unfortunately his IB education is not covered by the school voucher. School voucher is the sum of money that the school charges the state for each student enrolled in the school. Depending on where the school is located, the value of the school voucher varies.

Schools in deprived areas receives a much larger amount of money for each student they enroll in their school, more than 36% more per student. Junior who attends a private school and not a council or independent school are not eligible for the school voucher.

After Junior graduates from high school and is about to start university, his schooling is paid for with tax money because Sweden has tax-financed education.

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