Kid’s education is parent’s greatest concern. Especially when one has 2 or 3 kids. Usual mindset for every parent is to provide equal opportunities to all kids when it comes to education.
Parents tend to push the burden of such education to their kids where they are already under the pressure of education loans. By the time kid gets to 30 or 35 years of age they further get to mortgage pressure. So effective a kid from the age of 18 to 55 till they pay off the mortgage is on some sort of bank loans.
This can be avoided and a kid’s education could be partially or completely free.
Early kid’s educations planning is so important for parents with 2-3 kids. Usually working parents cannot touch their 401K before the age of 65. So the only option left would be the bank saving which can be used to generate returns from investment. Over the years it could be used for partial or complete kid’s education expense.
Usually for a normal kid to come out from college one would need $200K.
So assuming we generate 1.5% Average Monthly ROI from $200K invested. One would need 5.5 years to generate $200K as a return from an investment.
So a parent with 200K saving investing using our Software As Service after 5.5 years would accumulate $200K for kids education. Which will be FREE as the principal amount will remain intact. Which can be used for the next kids’ education or retirement.
This is the power of compounding and the velocity of money. If planned in advance.