In this episode, we discuss how you can avoid going bankrupt paying for college.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts here:

https://livingwealth.com/e45/

There are a ton of questions parents ask themselves when thinking about paying for their child's college tuition. What are some things we can avoid when we send our kids to college? How do we pay for this and not go bankrupt in the process?

And merely to send them to med school, it can cost up to $2.6 million in some situations. This is putting your kid through college, med school, and specialty. Now that doesn't mean you will have all that debt, but they're going to graduate with a lot of debt. 

It is possible in the world we live in today to have this kind of debt when they graduate. And we as parents want nothing more than to have our kids succeed, be successful, and to pursue those dreams they want to do.

But at what cost? Every year it's getting more and more and more expensive.

~ Paying for College Without Going Broke Topics Discussed:

• The ever-growing cost of paying for college tuition.
• Tactics and strategies for reducing costs.
• Building a "family scholarship"
• Leveraging financial aid and scholarships
• Negotiating with colleges
• How to "look poor on paper" without being poor
• The hidden trouble with 529 programs
• The sneaky scholarship and aid trick with whole life insurance

In this episode, we discuss the importance of defining financial freedom for yourself, so you know the exact steps you need to take to get there.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get the discount code, resources, and transcripts here:

https://livingwealth.com/e44/

We're often asked, "How do I actually be financially free and what does that mean?"

The simple truth is this: financial freedom can mean different things to different people. And we often try to put ourselves in a box by judging ourselves against what somebody else is doing.

But that's their definition of what being financially free is. By using someone else's interpretation, we're not building a roadmap that meets our personal needs.

The answer is to not try to fit your dreams into other people's expectations, or just try to model it after somebody else. Because we believe that if you know what you're striving for, it's way easier to backtrack and see what steps you have to take.

So the real question we should be asking ourselves is this: What is financial freedom mean to you?

To help narrow things down, we'll explore three ways to understand and define your own route.

~ Thee Ways to Define Your Finacial Freedom:

* When your passive income surpasses your lifestyle
* Finally being in control of your money and getting rid of the debt that's nagging you
* Being able to leave a legacy

~ Get the discount code, resources, and transcripts here:

https://livingwealth.com/e44/