Build a Family Bank! (LIKE THEY DID)

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  • Опубликовано: 29 окт 2024

Комментарии • 14

  • @selfdirectedDONNELL
    @selfdirectedDONNELL  7 месяцев назад +4

    If this helped you, or you found it easy to follow along, please do me a favor and let me know here in the comments. Your feedback is important to me and helps me understand if I'm representing this info in a way that makes it easier to understand... or not.

    • @abuabas
      @abuabas 7 месяцев назад +1

      To even more super charge this ..the paid off daughters home should get a 2nd position heloc and start another SCIA and chuck and do velocity banking on heloc it all depends on daughters cash flow though but this is beyond powerful hopefully they go through with this is beyond life changing

    • @selfdirectedDONNELL
      @selfdirectedDONNELL  7 месяцев назад +1

      @@abuabas love how you think… money making money

  • @roberttaylor5956
    @roberttaylor5956 7 месяцев назад +1

    This presentation is completely insightful on many levels. I'm most definitely new to the concept, but able to follow clearly. You guys are pretty clear and very informative in your approach.
    Thanks for representing a fabulous and powerful unified public respect for each other, as well as, the invaluable information.

    • @selfdirectedDONNELL
      @selfdirectedDONNELL  7 месяцев назад

      Much appreciated feedback, let me know if we can assist in any way.

  • @ArupBhanja
    @ArupBhanja 7 месяцев назад

    Awesome and if you add a tax free annuity with some portion of the cash flow then they would make money hand over fist😊

  • @maxicanamerican2023
    @maxicanamerican2023 7 месяцев назад

    1st of all this was awesome; got chills from this scenario. Let’s do this same concept in a large family.
    Like 6 children ; what would that look like . Awesome channel by the way

    • @selfdirectedDONNELL
      @selfdirectedDONNELL  7 месяцев назад

      Right it just multiplies the outcomes and possibilities.

  • @DaMonteHustle
    @DaMonteHustle 2 месяца назад +1

    Is there a machine/tool that can be used for a family bank?

    • @selfdirectedDONNELL
      @selfdirectedDONNELL  2 месяца назад

      Do you mean to monitor usage within the “bank”?

    • @DaMonteHustle
      @DaMonteHustle 2 месяца назад

      @@selfdirectedDONNELL not to say it can happen but I'm curious to know if there is such a tool. My plan is to have the family contribute to the family bank and instead of putting the saving portion into a regular savings account I was hoping to put the funds in a tool that can compound the interest.

    • @selfdirectedDONNELL
      @selfdirectedDONNELL  2 месяца назад

      That would be a SCIA, structure matters but you would want a properly designed cash value life policy with leverage. The key to growth is the leverage using other people’s money to grow your own.

    • @DaMonteHustle
      @DaMonteHustle 2 месяца назад +1

      @@selfdirectedDONNELL who or how can I set this up through??

    • @selfdirectedDONNELL
      @selfdirectedDONNELL  Месяц назад +1

      Sorry I’m just seeing this reply. You can set it up through me. Book a time that works best for you and we can play around with the numbers to see what’s possible for you.
      Book your call here: selfdirected.info
      I look forward to meeting with you!