When it comes to paying for your kids’ college education, consider this…
Having them put skin in the game is critical.
With our kids, we empowered them to borrow from what we call our family bank at a nominal interest rate, and pay that back after graduation if possible.
The money came from our IUL, which was totally tax-free. And as they repaid loans, we returned that money into the IUL, which went on to become a kind of perpetual education fund.
If they couldn’t pay with cash, they found other ways, painting, mowing lawns, etc. They took pride in paying for their education. This approach built responsibility and accountability.
Watch the full video on how we run our family bank by Googling “Entitlement Abolition” or explore it further on our channel.
To learn more about how to use IULs for education, business ventures, and retirement, claim your free copy of “The LASER Fund.”
Just contribute to the shipping, and I’ll send it your way! Visit laserfund.com #shorts
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