Large Expenses? That's not a problem with Velocity Banking!

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  • Опубликовано: 19 апр 2024
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Комментарии • 71

  • @user-el4mp9di4j
    @user-el4mp9di4j 2 месяца назад +14

    Been using your system for 4 months and it is working GREAT

  • @marcoguevara8850
    @marcoguevara8850 2 месяца назад +5

    I get paid once a month, so the jury is still out, But But But, I do appreciate someone looking out for the 50k and under crowd, Susie Orman is for the 60K to 1 million, Dave Ramsey
    Millionaires and billionaires, Thanks for your advice.

  • @Georgina705
    @Georgina705 2 месяца назад +15

    Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?

    • @Kristenshwan
      @Kristenshwan 2 месяца назад

      As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken

    • @domenez
      @domenez 2 месяца назад

      Wow, I'm supprised Stacey Macken is being mention here. I started off with 5K.... Now with massive portfolio highly recommended...

    • @benjaminocampo3359
      @benjaminocampo3359 2 месяца назад

      I met Stacey Macken at a conference in 2018 and we have been working together ever since.

    • @dorathystephanie7702
      @dorathystephanie7702 2 месяца назад

      Though I started with as low as $13,000 actually because it was my first time and it was successful, She's is a great personality in the state

    • @wells7147
      @wells7147 2 месяца назад

      Stacey demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

  • @GivonWayne
    @GivonWayne 2 месяца назад

    I like your confidence. It is inspiring.

  • @ashleyrichard9586
    @ashleyrichard9586 2 месяца назад +1

    Great information as usual!

  • @shaquetaashmore4697
    @shaquetaashmore4697 2 месяца назад +10

    How much does it cost for the white board breakdown? Thanks!

  • @jennm5675
    @jennm5675 Месяц назад

    I'm not religious (maybe I should be) but you are a Godsend! I was always scared of getting a line of credit. My credit union has asked me a few times and I'm like uh no way! NOW.... I should definitely get one. Thank you!

  • @phylliskenney6575
    @phylliskenney6575 2 месяца назад +6

    I love your channel!! I have currently paid everything off. I own my van, house, and have less than $2000 on my credit cards. I just lost my job of 19 years and am working part time. I just got a PLOC for $4,400. You talk about NOT getting a loan for a vehicle, but what is the best way to purchase a vehicle? They are so expensive now. I realize you aren't a financial advisor, but I appreciate your thoughts.

    • @user-qt8ij4du3w
      @user-qt8ij4du3w 2 месяца назад

      Phyllis, I transferred the funds from my credit cards to checking account, I got zero percent credit cards and transferred those funds to a checking account by way of a second credit card if need be, I borrowed funds and used a CD as security and used savings to get a secured loan. I use as many of these creative financing methods as I can to avoid negotiating with a car dealer. To many sales fees and junk charges when you do not used cash to buy anything. It might take awhile to get all the money together but you would keep more of your money in your pocket. I will never make payments on a vehicle loan again. Save some money and get share secured loans from credit unions they will work with you. I was a single parent for so many years and I had to get creative with my finances to survive.

    • @VanntasticFinances
      @VanntasticFinances  2 месяца назад +1

      If you’re looking at a vehicle which will exceed your PLOC limits…do a loan, if you must, then chunk with PLOC until paid in full. Hitting the loan early should knock off most of the interest. @phylliskenney6575

  • @2460joel
    @2460joel Месяц назад

    Beauty and Brains what a combination !!!

  • @tericarter2512
    @tericarter2512 2 месяца назад +4

    I had a $3k cc with BOA. So I opened a checking to do Velocity banking. First time I tried it bounced. I found out I only had $300 cash withdrawals allowed so they would cover it after I was told twice it would work. Check first and see how much they allow if your credit line.

  • @lianagilbert61
    @lianagilbert61 Месяц назад

    i am scared, but i am getting ready to try this. i checked into a loc w/boa, but they are saying the minimum is 25k. They are also asking me what i want to use it for. trick question i am sure.

  • @Opinionsarevalid
    @Opinionsarevalid 2 месяца назад

    I need your help to get my debt to zero I’m over the interest and the control from credit card companies!! How do I reach you? Love this channel

  • @beermangood3725
    @beermangood3725 2 месяца назад +1

    I’m 60 in $70000 debt , absolutely no money left in my savings.. I live paycheck to paycheck,can’t get loan to consolidate by debt what should I do??

  • @ginamoody56
    @ginamoody56 7 дней назад

    What is a Piloc?

  • @sandib6616
    @sandib6616 2 месяца назад

    Christy, I have been watching your videos and I am so motivated to getting out of debt. Question 1 , how and what to say when you go to a credit union or a bank and ask for a heloc. question 2, are credit unions just like a regular bank, such as Wells or BOA. Thanks in advance for your advice.

    • @christinesalomon4903
      @christinesalomon4903 2 месяца назад

      Q1.) "Hi, I'm interested in a HELOC." No need to explain why.
      Q2.) Yes, credit unions are just like banks, but with better rates and less fees.
      Even though I've been banking with BoA for nearly 30 years, I opened a checking and savings account with a local credit union and then applied and received a heloc from them.

  • @user-hl4np8si6x
    @user-hl4np8si6x 2 месяца назад

    Christy... the question about buying a house with an AIO Loan (All In Oneo Loan), instead of a regular mortgage, I think you didn't understand the question by the way you answer.
    AIO Loan has been in America for only twenty years, if I am not mistaken, and is straight up a line of credit one gets to buy real estate, a peice of property, and from there pay it off. Off course then one can use the line to practice the Velocity bank concept.
    However, the AIO does not have a fixed interest rate and goes according to prime value of the moment.
    A bit scary, but in my view, totally worth it. Those who offer this, only takes " excellent " consumers, people with NO debts and good cash flow. Used in New Zealand and Australia for many years.

  • @morrisdavis9231
    @morrisdavis9231 2 месяца назад +1

    I'm talking about Delre not Christy Vann

  • @casi1mike
    @casi1mike 2 месяца назад

    Hello there.. great content.. which credit union do you recommend?

  • @missysunshine2660
    @missysunshine2660 2 месяца назад +2

    How to deal with a cc that won’t let you pay it with another credit card? Other than that, velocity banking is working for my other cc.

    • @sheila_rabant
      @sheila_rabant 2 месяца назад +1

      You must pay cc out of your checking or transfer from other card to Paypal to checking but they charge 3% fee.

    • @missysunshine2660
      @missysunshine2660 2 месяца назад +1

      @@sheila_rabant thank you.

  • @LiveLifeLove63
    @LiveLifeLove63 2 месяца назад +2

    If they don’t know how to manage money it doesn’t matter the title/occupation, etc.

  • @audreybaker798
    @audreybaker798 2 месяца назад +2

    I have been trying to find a bank that offers a PLOC and every bank online that I have tried no longer offers this service. Can anyone offer suggestions?

  • @LiveLifeLove63
    @LiveLifeLove63 2 месяца назад

    Evening Christy

  • @DianaSanchez-sh8xm
    @DianaSanchez-sh8xm 2 месяца назад

    Good morning Christy, Is a lien heloc the same as a heloc? It seems like it's intimidating asking for a heloc, I haven't tried asking for one. Is there a script that you can share of what I should say when I go ask for a heloc to pay off my home?

    • @viviendoalpresupuesto6926
      @viviendoalpresupuesto6926 2 месяца назад +1

      Hello Diana, when you go to your bank
      which ever you Bank with. Request to talk to a loan officer and just say you want to apply for a heloc, you don't has to tell them what you gonna do with the money. be prepared with a proof of property insurance that's all Best of luck God bless

    • @DianaSanchez-sh8xm
      @DianaSanchez-sh8xm 2 месяца назад

      @@viviendoalpresupuesto6926 🥰Thank you

  • @judyelias1858
    @judyelias1858 2 месяца назад +1

    Hi Christy, I love this concept but I’m wondering how it works when you paid biweekly so the most money ever going in is say $2200 and so you would not have that big monthly money going in it would just trickle in as the month goes by. I’ll have to sit down and do the math.

    • @judyelias1858
      @judyelias1858 2 месяца назад +2

      Could you please do a video for one month with biweekly income? I’m always at zero cash flow at the end of two weeks!

    • @angelj40
      @angelj40 2 месяца назад

      Me too please explain biweekly

    • @viviendoalpresupuesto6926
      @viviendoalpresupuesto6926 2 месяца назад

      Hi Judy it works, cause as soon as the check gets into your account put it in the the heloc, I been doing it. If you wanna make easy for yourself you could move all your bills to the first of the month good luck and God bless

  • @MrMike-sj6ex
    @MrMike-sj6ex 2 месяца назад

    Need advice On the fence between to banks .. Credit Union doesn’t offer Debit card only checks my local National Bank offers checks debit card and can link my bank account to Heloc ..
    Wife wants to work with credit union but I feel that the bank will work better for us..
    Your thoughts??
    Your thoughts..

    • @Jesus-kt5dc
      @Jesus-kt5dc 2 месяца назад

      The bank offers you a much smoother process with the debit card and overdraft protection (link). The credit union will take an extra step where you transfer money from HELOC to checking account. In your shoes I would go with the bank, but the credit union wins if you want to build a relationship. The only other thing to consider is the interest charged and HELOC amount. Have a great day.

    • @Jesus-kt5dc
      @Jesus-kt5dc 2 месяца назад

      Also open checking account with whoever you go with to have money available instantly.

  • @helenstewart2917
    @helenstewart2917 2 месяца назад +1

    My bank doesn’t offer a credit card with a Ploc So what is the best card to get

    • @thesimplethingsinlife422
      @thesimplethingsinlife422 2 месяца назад

      It’s not a credit card with a ploc. They are two different lines on credit. Ploc is a revolving loan/line of credit.

  • @morrisdavis9231
    @morrisdavis9231 2 месяца назад +2

    May I ask why you won't respond to my emails, the illustrations you give did the people pay you or did they talk to you over the phone, I don't understand do I need to send you money for you to respond please tell me I need your help!

  • @morrisdavis9231
    @morrisdavis9231 2 месяца назад +1

    Thanks I ask Google

  • @kateholligan3855
    @kateholligan3855 2 месяца назад +1

    I do not have excel. Is there another way I can get the worksheets?

    • @koreypaul6698
      @koreypaul6698 2 месяца назад

      Do you have access to Google Sheets?

    • @hildalopez1252
      @hildalopez1252 2 месяца назад

      Try Google sheets, it's free 😊

    • @annmcb
      @annmcb 2 месяца назад

      What about “numbers?” That works also.

  • @macoediv
    @macoediv 2 месяца назад

    I am having trouble with some companies not being able to find my ploc account # when I pay bills.

    • @Jesus-kt5dc
      @Jesus-kt5dc 2 месяца назад +3

      Maybe try transferring the money from the ploc to checking account and pay from the checking account. You want a checking account at the same financial institution you have your PLOC, to make the money available immediately.

    • @macoediv
      @macoediv 2 месяца назад

      @Jesus-kt5dc the thing is, it is always scheduled, not instant like checking to checking transfers.

    • @stephengilstrap
      @stephengilstrap 2 месяца назад +1

      You cant take money out of the PLOC like that. You can only make deposits into it, not debits out of it. Open a checking account at the same bank then use it to transfer money from PLOC to checking like someone said below. Its for security for you and the bank. You can then schedule any debits from the checking account, just be sure to transfer enough money from the PLOC to checking acct on time before the scheduled debit.

  • @LiveLifeLove63
    @LiveLifeLove63 2 месяца назад

    Exactly

  • @markchristensen5206
    @markchristensen5206 2 месяца назад +3

    Never pull cash from credit card, not worth it, the fee and the increased interest rate

    • @user-ot7ln4fy7y
      @user-ot7ln4fy7y 2 месяца назад

      I agree…a cc cash advance is a lot like a payday loan!!!!!!!!!! Bad experience🥲

  • @morrisdavis9231
    @morrisdavis9231 2 месяца назад +1

    Why won't any of you share her contact info, is this a scam

    • @ZedGirl
      @ZedGirl 2 месяца назад

      It's in the description. Read the description under the title😢

    • @sharronbush886
      @sharronbush886 2 месяца назад +1

      Not a scam!!!!

  • @lightlightlight
    @lightlightlight 2 месяца назад

    How do I message you ?

    • @ZedGirl
      @ZedGirl 2 месяца назад

      It's in the description