SayStart.com | Slide 10: Final Note

— Slide 10: The BLOC is a Better Financing Option —

You can use your BLOC to finance any need

What We Have Learned

As demonstrated in the previous illustration, you paid off the car within 1 year. All further payments from your child is now excess income. You will be earning the interest instead of the bank.

Of course, this is a simple illustration. Factors may lesson the amount of discretionary income you may have from month-to-month.

What has been demonstrated is the power of the BLOC program.

You could use the BLOC to finance your child's education, put a down payment on car for college, renovate your existing home once they leave the house, start a family business, and finance other family needs. See our home equity samples.

Where to Next

Next Step:
view the 2 options to determine how best to pay for college: go to college funding options
Following Step:
use this 10-step success plan for implementing and managng your BLOC: view 10-step success plan
Last Step:
see how the BLOC can be used to payoff your mortgage: view mortgage payoff plan

Important Note:
Never Let Your BLOC Move Into Negative Territory

Your BLOC should not drop below a zero balance. This is money that you are giving away to the banks. You should use your BLOC to payoff your mortgage whenever your BLOC balance reaches zero

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[view] SL1: Summary Review
[view] SL2: Use as Money Acct
[view] SL3: Deposits In
[view] SL4: How to Be Used
[view] SL5: Use to Fund Needs
[view] SL6: About Interest
[view] SL7: Emergency Income
[view] SL8: Get the Facts
[view] SL9: Become a Bank
[view] SL10: Conclusion

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financial aid center for community and other colleges

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