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|How Best to Finance College
use the equity in your home to become a BANK and pay for
Instead of using your checking account to receive and payout funds, you will use your home equity line of credit account for all income deposits and expense payouts.
View the illustrations below:
|1st: Use the equity in your home to pay for college
Use your equity line to pay for college expenses minus the financial aid awarded:
|2nd: Deposit all of your income into your banker home equity line of credit account
You will take all of your income sources and deposit them into your equity line account instead of your checking account. Deposit:
|3rd: Now use your banker home equity account to pay family expenses
Use your banker home equity account to pay for everyday budgeted and planned expenses such as:
|Benefit: Your discretionary income pay offs your college debt balance FAST!
Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower the education debt balance.
Over time, you will be able to pay off your financing debts in half the time by budgeting and managing your banker home equity line.
You can also use your banker account to finance other needs such debt payoff, a new car, home improvement, and other.
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