What to do after Velocity Banking gets you out of debt! Here's a model I go by!

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[peggiunderwood]

You are right, I believe you. In 1995 I had a mortgage payment of $1, 245.00 at 8.25% interest fixed payment that included the tax and insurance. This was a nice home, in a nice area- great schools. 3200 sq feet 4 bedroom $119, 000.

Do your best to get out of debt, because hard times may be on the horizon.

[emmapeel]

Great topic. Even if you’re still working through your debt, it gives you hope and ideas for the future. I like it.

[trope]

I got into the habit of changing my debit card number once a year so i dont get any ghost payments that i dont want. doing so i soon realized i dont need/want any of this stuff. havent had a netflix or amazon or anything for over 10 years now.

[armchairpsychologist]

I can’t even get to this mind set until our debt is at zero.
Until then, “what happens when” is just not part of our thought process.
But someday...

[jasonchev]

I drive a 1989 Caprice wagon.NO car payment, EVER, but have had repair expenses.

[shamblesman]

Such a hard working and helpful lady. She changed my life for the better...thankyou Christy. I am a huge fan of Dave Ramsey and David Bach, however...Christy has helped me much more because she has tailored her approach to suit 99% of normal folks in a much easier way.

[heatherlovesdeuteronomy]

Bought my home in cash 9 years ago for $26k thank God!

[trope]

Thanks for making this! Ive been buggin in ur comments on what to do if i am not in deb! my only other question is what to do before i look into buying a truck! im just starting the vid so hopefully you give some advice to consider!

[vinsham]

Mind blowning stuff people, pay attention it means your wealth.

[thepuffydumpling]

My house payment was 655 before I paid it off!

[lanessiacarrington]

I know it's a ways off but 2025s mantra could be "Saving our Hides in 2025" ❤

[et]

Oh my goodness I hit the like button automatically.

[WoThatsCrazy]

Christy what is the link to the worksheet for you to look at and tell me what I should do about situation

[ptc]

How do I combine a ploc & a banking policy/ whole life insurance with each other? Was thinking of using ploc to fund some of the pua. What would be best ?

[hunterchasemaynard]

I am a big believer in the CVS thing... it helps so much each month.

[Abcd-gv]

Where do you have your money working in the policy area?

[jesusismysavior]

Hi Vann,

How much should I chunk to get rid of debt. I have a 50k LOC @ 7% we take home around 10k per month and have a 3k mortgage and a 40k car loan that cost $670 a month

[dawnlouiseofficial]

If you can pay off all your debt at once can should you? Or should you use velocity banking?

[fredrickhaemker]

Renting a house or apartment is okay, people think owning is a must. But, after all the home expenses are paid I bet its near 60% of peoples salaries.

[matthewdaugherty]

I live in the nE and property prices are high. What are we suppossed to do? Do you max a WL policy that can cover a 1st line heloc in case interest rates increase? Is that a possibility?