Parents must be careful of the advice they receive when it comes to the best way to pay for college. Unfortunately, many parents do not fully explore all of their options; therefore, taking a “Gambling” approach to funding a college education. The best thing a family can do is research all of their options before making naive decisions.

Why do we work so hard to save our money only to turn around and give up complete control of our very own savings? Most families have little or no savings for their children’s college education. For those families that do have savings, most give up control of their money by depending on government sponsored programs such as Section 529 saving and prepaid tuition plans while chasing rates of return.

Although the Alabama PACT plan has successfully helped thousands of families pay for college tuition, we have warned against investing top priority dollars such as college savings and retirement savings into risky financial vehicles since 2007. After 2008, Alabama college bound families finally started taking our advice. When it comes to these 2 subjects (College Savings and Retirement Savings), you should want a guarantee return of your money, period!

These reasons, plus many more are the limitations that families exposed their hard earned money to with government sponsored section 529 and state prepaid tuition plans. It’s enough to make you look for a more reliable and safer approach to college funding.

Luckily, you need not look any further.

A safe, proven, and guaranteed way to save and pay for a college education with additional benefits that you can’t receive from, local banks, State and Government sponsored 529 and College Saving plans, or any other qualified investment vehicles.