top of page

Navigating the financial playground: raising kids in Hong Kong

  • Writer: Eleanor Coleman
    Eleanor Coleman
  • Apr 30
  • 1 min read

Raising children in Hong Kong presents unique financial challenges that prospective and current parents should thoroughly understand. From education to healthcare, the cost of living in this vibrant city is notably high, making it essential for families to budget wisely.

 

Housing expenses, school fees, pets, holidays and travel can quickly add up, often catching parents off guard. Moreover, the competitive nature of Hong Kong’s educational landscape means that many parents invest in additional tutoring and extracurricular programs, further escalating costs.

 

Understanding these financial commitments is crucial for planning a stable and secure future for your family, ensuring that children receive the best opportunities without putting undue strain on household finances. Tune in to my radio interview below where I discuss strategies and tips for navigating the financial aspects of raising children in Hong Kong with Carolyn Wright from RTHK.

 

Listen below.


Spotify


Apple Podcasts


 
 
Get UNconventional Financial Wisdom with our fortnightly newsletter.

Sign up for regular, bite-sized, and tangible advice to help you stay the course.

Thanks for subscribing!

By submitting this form, you hereby give consent to St. James’s Place to collect, use and disclose your personal data in accordance with the St. James’s Place Privacy Policy, which is available here, and which you have read and understood. You further understand that the personal data provided is meant to allow St. James’s Place to send you the marketing material that you have agreed to receive, contact you for a non-obligatory consultation and/or to address your enquiry.

Address

1/F Henley Building

5 Queens Road Central

Hong Kong SAR

Email

Social

The ‘St. James’s Place Partnership’ and the titles ‘Partner’, ‘Adviser’, ‘Partner Practice’ or any variations thereof are marketing terms used to describe representatives of the St. James’s Place Group (‘SJP Group’).
St. James’s Place (Hong Kong) Limited (‘SJPHK’), is a licensed Insurance Broker Company regulated by the Insurance Authority (’IA’), a Licensed Corporation regulated by the Securities and Futures Commission (’SFC’) and a Principal Intermediary registered with the Mandatory Provident Fund Schemes Authority (’MPFA’) in Hong Kong.
IA Licence No. FB1075. SFC Central Entity No. AAV439. MPFA Registration No. IC000852.
SJPHK is part of the SJP Group. Members of the St. James’s Place Partnership in Hong Kong are appointed by SJPHK to act in a licensed and regulated capacity and may facilitate business with other companies within the SJP Group.

© 2024 by Summit Financial, a Partner Practice of St. James's Place (Hong Kong) Limited

bottom of page