How to Make 3% – 5% on Your Child’s Savings Account

Mey here on a beautiful Monday night masterminding with my Mom and good friend Sheena, as I blog about How to Make 3% – 5% on Your Child’s Savings Account…

…if you are a parent, you probably have money from friends and family that was given to you when your child was born…

…most people just put it in a savings account if they want to keep it safe…

…well, how would you like it if I teach you a simple way to help your son or daughter make 3% – 5% from their savings account?

…what if doing our strategy also makes you 3% – 5% at the same time!?!

…if that interests you, then go ahead and read this article all the way through..

…and start making money for you and your children today…

How We Got Our Son Jordan Earning 3% From His Savings Account

…our story starts with us getting cash for Jordan and piling it up on my husband’s dresser…

…we finally opened a savings account for him on his 1st birthday because his Auntie sent him a check payable to him…

…well, after saving up his gifts, and also transferring money to his account weekly, he managed to save about $2,400…

…mind you, he’s only 2 years old and he doesn’t need the money…

…it’s just sitting there making 0.01%…

…then, I got a great idea…

…our business has a line of credit that we have a balance on and are currently paying 6.5%…

…we decided to issue our son a “bond” from our business, that would pay 3% interest…

…we debited $2,000, and paid down our line of credit…

…then we set up our online banking to automatically issue him a payment for $2,060.00 for one year later…

…we just used the bill pay feature…

…and that was it…

…not only was he making 3% in a very stable investment (we are very credit worthy)…

…we were making 3.5% because we weren’t paying 6.5% on that $2,000 for a year…

…that’s what I call a Win-Win…

How To Use Your Debt To Make Your Children Money

…now this method only works if you already have debt that you aren’t paying off for at least a year…

…however, if you do have debt like us at 6.5% then you can make your children and yourself by having your child issue you a “bond” to pay it off or down, and just pay your child back one year later with interest…

…that’s how companies raise money by issuing bonds…

…why not make money instead of your bank or credit union or credit card…

…this one method can make everyone in your family more money instantly…

Conclusion

…I’m here to help you become Financially Free…

…and I’m not talking about magic powers, I’m talking with easy to do techniques that can make you money instantly…

…of course, you have to be credit worthy to make this work…

…my  husband and I pay off our debts in a timely manner and have good credit…

…so this investment is safe…

…in addition, we obviously love our son and want to pay him back AND make him more money…

…so for us, this makes us all more money, and it’s organized and easy to do…

…if you are like us, a light bulb might have just gone off in your head, and you can do this tomorrow and instantly have more money for your family…

…please comment below and let me know what you think!

…another way that my husband and I make money is through blogging…

…I love blogging about Financial Freedom and it makes me happy when someone makes more money or has more free time just from reading my blog…

…do you want to share your talents to the world in a fulfilling way like blogging?

…did you know you can also make money doing what you love?

…check it out and see for yourself!

CLICK HERE, watch the free video and get started =)