038: M.C. Laubscher: Wisdom Wednesday: How To Pay For Your Children's Education Without Sacrificing Your Savings

In this episode, we are looking at how to fund  your children’s and or grandchildren’s college tuition, while maximizing your economic opportunity. There is a strategy that not many people are aware of  when saving and paying for college, and it is actually criminal that people are still forced into cookie cutter Wall Street vehicles and government qualified plans for college planning that parents and grandparents have no control over, have no safety of capital and is extremely economically inefficient as far as taxes and fees. Wall Street recommended products also penalizes students that have monies saved up for their college in these cookie cutter vehicles. We look at an alternative strategy based on the Infinite Banking Concept and philosophy and also look at how the wealthiest families structure trusts that perpetuate the wealth that this strategy enables for generations. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast.   Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Recommended Book: Becoming Your Own Banker: Unlock the Infinite Banking Concept by R. Nelson Nash How Privatized Banking Really Works - Integrating Austrian Economics with the Infinite Banking Concept by L. Carlos Lara  and Robert P. Murphy Recommended Resources:

A More Efficient Way to Save for College than 529 College Savings Plans

  Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript - coming soon   Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher