Discover how your children's savings plan will allow you to capitalize on opportunities, redirect funds strategically, borrow wisely, and efficiently pay off debt. Now the best part for all the parents and grandparents. Let's face it, we have the need for finances until our last day and life is expensive! Saving for your children shouldn’t derail your finances but rather support it. Some of the things a Millionaire Child plan allows the owner (you) to do is take advantage of financial opportunities and recapture interest currently being lost with credit cards. This is also a great solution for extinguishing debt all without disturbing financial growth for the kids. This is a saving plan that benefits ALL parties involved. Here's the benefit You were going to spend your own money anyway on financing purchases. Here as an example, you may borrow funds (a loan) against what you have saved to achieve the purchase objective. Keep in mind you haven’t withdrawn anything and there were no loan applications, employment or credit checks. You now own what you have purchased without using your own funds. Anytime after borrowing, simply send your own income back to your child's savings to collect the money you otherwise would have paid away to the vendor. The problem you have is your money is leaving and you can't use it again. If you could simply redirect the money you were already going to use to make the purchase, but back to your childs saving system, wouldn't it grow with ZERO risk? Since you haven’t withdrawn anything, your funds have continued to compound. Right now you are paying interest when you borrow money, or giving up interest when paying cash. Here in this example the interest is continuously earned as it is never withdrawn. By redirecting where you are depositing your money FIRST (child's saving system,) then borrowing against it (not withdrawal) to achieve the purchase objective without using your own funds, the funds aren’t spent but instead grow. Do this throughout your child’s life (until they're finished school?) and the interest you recapture with all those purchases adds up quickly giving you access to a larger and larger pool of finances not only for you but THEM your child(ren.) Either way borrow from their plan or simply leave it alone, the child’s savings will grow no matter what!