Imagine funding college in a way that you not only have a guaranteed return on your savings but you also teach your student how to safely grow their finances for the rest of their lives. That’s exactly what utilizing Private Family Banking™ can do.
The heart of the family banking concept is using a customized dividend paying, whole life insurance policy to accumulate wealth. When properly structured, a dividend paying whole life policy becomes a guaranteed college savings fund that can pay all college expenses even if mom or dad were to die.
Most parents want their children to attend college so that their children will have a better financial future. Unfortunately most college graduates never learn how to achieve financial freedom. By using Private Family Banking™ to create a college savings fund, parents can teach their students how to take responsibility for the costs of a college education and at the same time become financially successful for the rest of their lives regardless of their field of study.