Velocity Banking: How to Increase Cashflow from $0 to $1700 in One Swipe
HTML-код
- Опубликовано: 6 сен 2023
- Need To Talk - moneymaxguy.com/general-more-...
Need HELOC - bit.ly/flheloc
Need More - linktr.ee/velocityc
*Spanish Subtitles Available!*
🚀 Are you ready to turbocharge your financial freedom journey? In this video, we'll uncover Velocity Banking: How to Increase Cashflow from $0 to $1700 in One Swipe! 💥
🔥 We've analyzed the top-performing videos on our channel, and we know that our audience loves practical tips and tricks to eliminate loans and maximize their financial potential. This video is perfect for those who are age 35-54 and are looking to improve their financial situation. 💪
📈 Dive into the world of velocity banking with us as we break down each mistake, explain why it's holding you back, and provide actionable solutions to help you overcome these obstacles. Don't let these common pitfalls slow down your progress towards financial freedom! 🌟
👉 Don't forget to like, comment, and subscribe for more amazing content on velocity banking and financial freedom. Join our community of over 25,000 subscribers and let's build a bridge to financial freedom together! 🌉
🎯 So, are you ready to avoid these common velocity banking mistakes and accelerate your debt payoff? Let's get started! 🚀
Need To Talk: calendly.com/creditwiz
You make things very easy to understand. Keep up the good work!
Thank you for sharing your knowledge!
@marycabral3193 Your welcome.
If you'd like to know more, I would love to show you:
calendly.com/creditwiz
Or
If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
bit.ly/VelBan2
CJ
Excellent Video. I'm on board
I just love your energy😅
@marykekana2419 Thank you!
If you'd like to know more, I would love to show you:
calendly.com/creditwiz
Or
If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
bit.ly/VelBan2
CJ
Wow amazing, gracias for sharing..
@robertguerrero8009 Share it around. People everywhere need to know about this! Am I right?
If you'd like to know more, I would love to show you:
calendly.com/creditwiz
Or
If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
bit.ly/VelBan2
CJ
Thanks CJ. You explain it very well. You cracked me up when showing those checks at the end. My credit card company, which is Discover, does not send those in the mail with the statement. I do remember them but it’s been years since I seen one.
@jennychandler-my9md Itn't that something?
If you'd like to know more, I would love to show you:
calendly.com/creditwiz
Or
If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
bit.ly/VelBan2
CJ
Hi CJ, great video. I've been doing vb for a while but end up with a very low CF or 0 using my PLC credit limit 5k, used up to $3800, what can i do?my I=is $1100 my, E=1900
@almawave6072 now is this consistently?
Thanks for the video. I’m learning VB. I notice here 6:05 that you compare making minimum payments to velocity banking. What if you compared VB to just putting the extra payments on the debt? So, making a $1,100 payment each month on the debt. Does it make that big of a different?
Thanks, CJ for your teaching. Question: how do I transfer cash flow from one card to another?
He is entertaining
It’s upwards of 30% interest on a cash advance/“access checks”. That doesn’t seem like a smart approach.
I'm pretty sure he would say a credit card with a 0% interest introductory period. Like a the Citi Diamond (18 months) or Wells Fargo Reflect (21 month) no interest cards. I myself got offered 0.0099% interest until December 2024 from Citi, so I took the offer. Only had to pay 5% balance transfer fee.
@Trihope703 Great point. It would all depend on the credit card company you have.
If you'd like to know more, I would love to show you:
calendly.com/creditwiz
Or
If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
bit.ly/VelBan2
CJ
@@velocityc How much is the meeting? Also, the second link is being flagged as unsafe.
@@Trihope Free. And definitely safe :)
I am still not understanding how after paying the card with your paycheck, the interest from the original payment that was due is not being accounted for - Can someone explain that?
Should I pay a processing fee of $21.39 in order to pay my car note with a credit card or should I just leave that money in my bank account and also a processing fee of $54 to use a credit card to pay rent or just leave that money in my bank account to pay straight from there with no extra fees?
@reginajarrell8438 Great question. The answer is it depends. It depends on whether or not you will save massive interest in paying the processing fees or not. So for instance if you are going to save thousands in interest over the life of the loan... wouldn't it be worth it to pay shall we say, hundreds? Keep me updated I want to know how that goes.
If you'd like to know more about Automated Velocity Banking, I would love to show you:
calendly.com/g12group/velocity-channel
CJ
8:56 You say 7.75 months, but you didn’t calculate in the 16% interest rate. Also, your paycheck is still tied up in you credit card and you are having to put your expenses on the card. So, it’s not technically “paid off.”
He cleared that up at 5.13 mins…I had to rewind to understand that too. He explained the savings
So, even if your line of credit has a higher interest rate than, say, your car loan, velocity banking will still work?
Yes
Yes, simple interest on lines of credit, VS armotized interest in cars and homes.
NO. For anyone to believe that, they should expect to see spreadsheets showing the interest paid over the course of the plan to each involved creditor. I don't know if any of the VB proponents have done that, at least publicly. Others have; they are the OPPONENTS of VB, and their spreadsheet do NOT confirm that VB reduces interest paid.
Common sense should dictate a simpler, straightforward approach. Just pay down your highest interest debt (CREDIT CARDS) first, then rinse and repeat.
Also, common sense should make it clear one cannot trade low interest debt for high interest debt (borrow on credit card to pay mortgage, for example). The size of the money traded does not matter (actually it does: the LARGER the chunk of high interest money you borrow to pay lower interest debt the WORSE it is for you).
I was ok until you said cash flow is $600. Where did this come from?
I want to buy my lease out and it’s about $16,000. I have a Discover card with a limit of 12,000. I’m not sure what to do.
@Gina-cx5lv Sounds like we need to talk.
If you'd like to know more, I would love to show you:
calendly.com/g12group/velocity-channel
Or
If you would rather learn Velocity Banking, I can deliver that too:
bit.ly/VelBan2
CJ
my question is: ow can I get a large line of credit with fair credit score?
@millytoledo1796 The good news is. You don't need a line of credit any more to do Velocity Banking :)
If you'd like to know more, I would love to show you:
calendly.com/creditwiz
Or
If you would rather learn Velocity Banking in the comfort of your own home, I can deliver that too:
bit.ly/VelBan2
CJ
Captions in Spanish?
I had to reset my English auto to stop the Spanish.
@Urlacher2354 Velocity Banking is for everyone.
How do you make a $13,000 credit card payment on a mortgage? 10:07 the only way I know how incurs a high interest rate in the form of a cash advance.
Think the 18k(left side of white board) is some type of line of credit.
@@zoeyth4003 3:00 He says “credit card”
@Trihope703 Remember the interest is calculated differently on home loans.
If you'd like to know more, I would love to show you:
calendly.com/g12group/velocity-channel
Or
If you would rather learn Velocity Banking, I can deliver that too:
bit.ly/VelBan2
CJ
This "Velocity Banking" is only gonna ruin people, not help.
You must work for the banking mafia