Where Do I Start With Velocity Banking?

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I’ve made more progress paying off my student loans in the last 6 months than I’ve made in the last 10+ years thanks to the velocity banking strategy! I thought I would never be able to pay it all back. It’s very exciting to see the light at the end of the tunnel!

thecrownedjester
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down $7K on my debt in 2 1/2 months since starting velocity banking in December. Can't wait to receive my tax refunds, I'm going to use it to bring it down by another $4K.

deval
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To be honest, you were the only one who make me believe that if we use our money or serve it purpose, those debt can easily be gone. Made a lot of mistakes and interest payments before, but never or not again. Thanks for this kind of video. I am almost debt free. Watching from Manila, Philippines and i am using my credit card limit and revolving credit limit from one of our digital banks here for my velocity banking journey.

nakamag-trader
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Love the name of your endeavour🎉 Thank you for posting vids that can help others. Says important things about you.

Kittiesinclair
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Ok, this is what i wanted/needed to see. I am in this same situation!

FromGeminor
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Thank you, thank you! You have taught me a lot.

thhousealchemist
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Please how can someone get started, I would be glad if anyone here can explain a few things to me about investment?

wells
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My situation seems so confusing to get out> I know I must find ways to increase income. I am bed-disabled 10+ years online music student 35 with parents who don't want to stop carrying me even though I do little online jobs through my LLC and a Nonprofit I started and waiting for IRS approval 501c3. Between writing books for amazon kdp and trading forex and crypto I am preparing to increase income to at least 3500 so I have to file my own taxes. I also want to look for an apartment building to put 5% down and live in with another disabled partner as we grow our organizations. I have have past secure credit card debit from years ago. I need your light Christy to understand this for me first before helping anyone else with it because unless I prove I can climb out this hole I may never see the paperwork that's on this house's loan.

Matthew-myv
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I stumbled on your videos a week or so back and have watched many of them to date. I am ready to get started and have signed up for your coaching class later this month. I have also completed you spreadsheet. I would like for you to review it and make recommendations. HELOC is coming soon. Thank You.

DeeBeckham-wt
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SO where do I get a line of credit? Does it need to be some special kind like this HELOC I hear about, or can it be any? Do you have any suggested places that give you lines of credit?

micahg
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I just ran but I could get a line of credit perhaps through overdraft protection at the bank.. My question
. if you don't own a house how can you get a line of credit?

Joce
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Can you still use velocity banking if when you get a signature loan they deposit the full amount into your ckecking account? I thought I would just draw against it but it appears I'm given the whole amount at once and as I pay it back I can request money again. I need to check further if there's a limit or fees associated with it but have you heard of this and can VB still work in this scenario you think?

KTXThrifts
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And what if one doesn't have a PLOC? Then what?

cuppajoylady
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Are there any of the online banks or other suggestions that work well for setting up a checking account linked with either a PLOC or credit card which does not charge fees for overdraft protection? Do you have links to any such guides?

senojkj
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If i have money in savings should I put it in the PLOC? Should we close the PLOC after we've paid it off?

TheMJT
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If someone is putting their entire check of $7700 into the PLOC, what about things like gas and groceries that cannot be paid with a PLOC account if there is no card associated with the account?

Beenio
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Thinking about average daily balance...seems as if, you deposit your funds at the right time, bringing down the balance without any payouts then you could save more??? Ex., deposit on the 1st, let that rest for 3 weeks, no payouts, then make purchases/ pay bills at the end. Start the loop over. Minimize the ADB fluncuations.

Extinction.of.Innocense
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So when I get paid every two weeks, I’m supposed to take that money and just apply it to a credit card to get it down, use it for some expenses then do it again until it’s at $0? And move to another card?

David-yyol
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Christy, You left out the link to your paying credit cards video that you refer to at the beginning of the video.❤

flygalteach
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I’ve watched these several of these videos. Mortgage companies don’t allow homeowners to pay their mortgage with a credit card. Some other services, such as my local power company, also don’t allow it. We could pay for these items from our checking account. This would dramatically lower the amount put against the debt in a LOC. Daily interest would be higher because of this.

brbailey