Bank Equity Program for College Financing

how best to finance college

use the equity in your home to become a BANK
to pay for

tuition,
room and board,
school supplies,
transporation,
and anything you student needs for college

by simply changing the ways you manage your money.

Instead of using your checking account to receive and pay out funds, you will use your home equity line of credit account for all income deposits and expense pay outs.

View the illustrations below:

1st: Use the equity in your home to pay for college

Use your equity line to pay for college related expenses:

pay tuition
pay room and board
pay transportation
pay supplies

2nd: Deposit all of your scheduled income sources into your banker home equity line of credit account

You will take all of your scheduled income sources and deposit them into your equity line account instead of your checking account. Deposit:

salary income
capital gains
savings
spare change

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:

monthly bills
food and clothing
mortgage payment
budgeted card charges
budgeted debt charges
other living expenses

use it like you would
use your regular
checking account
to pay for everyday
living expenses

Benefit: Your discretionary income pays down your education costs FAST!

Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower the college debt balance.

Over time, you will be able to pay off your college 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 personal debt, a new car, home improvment and other.

Need More Information?

First Step:
link to our "home banker" module to view this quick 10-point slide show that demonstrates how the Banker Line of Credit works:

go to slide show
Second Step:
use this 10-step success plan for implementing and managing your BLOC:

view 10-step success plan
Third Step:
see how the BLOC can be used to pay off your mortgage:

view mortgage payoff plan

YourEquity.com

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Another Way to Use Your Equity