A Child Saved Initiative

Our vision

To create a future where every child has the opportunity to thrive financially and build a solid foundation for a prosperous life. We envision a world where parents are equipped with the knowledge and tools to secure their children's financial well-being, ensuring they have the resources to pursue their dreams and reach their full potential. Through our innovative solutions, personalized support, and community engagement, we strive to instill a lifelong savings mindset in children and empower parents to make wise financial decisions on their behalf. We are driven by the belief that by nurturing financial literacy and providing accessible savings options, we can shape a brighter future for generations to come, where financial security and opportunities are within reach for every child.

Our mission

The A Child Saved Initiative is to empower parents to take control of their children's financial future through education, guidance, and innovative savings solutions. We believe that every child deserves a strong financial foundation, and we are dedicated to equipping parents with the tools and knowledge to make smart financial choices for their children. Our mission is to inspire a culture of saving, teaching children the importance of financial responsibility from an early age.

Here are some key points to consider when exploring IULs for kids:
  • Long-Term Financial Planning: Buying an IUL policy for a child can be a way to provide long-term financial planning and protection. The policy can accumulate cash value over time, which can serve various purposes later in life, such as funding education expenses, providing a down payment on a home, or supplementing retirement savings.

  • Insurability: Purchasing an IUL policy for a child guarantees their insurability regardless of any future health conditions that may arise. This can be valuable if the child develops a health issue that could make it difficult for them to obtain life insurance coverage later in life.

  • Cash Value Growth Potential: IUL policies for kids have a longer time horizon for cash value growth. The policy can accumulate cash value over many years, potentially benefiting from compounding interest and market growth. This can provide a financial resource for the child when they become an adult.

  • Cost and Premiums: Since IUL policies for children are typically purchased at a young age, the premiums are generally lower compared to policies purchased later in life. Starting early can allow for more affordable premiums over the life of the policy.

  • Flexibility and Options: IUL policies for kids may offer flexible features, such as the ability to increase coverage in the future or convert the policy to a different type of life insurance policy when the child reaches adulthood. These options can provide additional financial planning opportunities.

However, it's important to carefully evaluate whether an IUL policy for a child is the right choice for your specific situation. Consider factors such as your financial goals, the child's needs, and the cost of the policy. Consulting with a knowledgeable insurance professional or financial advisor can help you determine whether an IUL policy for your child aligns with your long-term financial objectives.

Secrets Self-Made Millionaires Teach Their Kids

"Children are the legacy we leave for the time we will not live to see." - Aristotle
"Your economic security does not lie in your job; it lies in your own power to produce – to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth." - Stephen Covey

Compounding Interest Explained