Velocity Banking Step By Step

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I wish I would have stuck to it, so crazy to think I was actually doing this without knowing it was an actual concept. Man, thank you so much for teaching!!

jayslittleboutique
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Applied for my LOC today, thanks for your inspiration from a follower in AUS !! God bless Denzel

sos
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Loving this! Now it is Velocity banking, well it's good to see SOMEONE teaching others how to work a Budget. Grandparents born at the turn of the century - 1 in 1900, and old school money management that we were taught as kids. It is so GOOD to start seeing old values coming back BIG Kudos to you! (oh Single mom low income all my life thanks to the old boy network lol) But kids in graduated hs, coll, 1 in military, but it all boils down to self discipline. Thank you.

skylajones
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Thanks, Denzel, I finally got it!! I think you have other videos that are clearer explanation-wise, and I had to rewind quite a few times to really get this one. But it was super close to my own numbers, so I was determined to figure it out--and I did! So excited! Going to be able to pay off a car loan in 3 months instead of 13 months, even with limited cash flow. Thanks so much for this and your other videos. You are a blessing!

pattyeconomos
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This is similar to my situation. I am shouting with this sister!! What a blessing! They were won by the Word of their testimony. I got next!!

bizhelpguru
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Where do you get the money for chunk payments?

Horsemaninwash
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Thanks Denzel that makes much more sense now. My next question now is once you get a LOC, does it work like a credit card or a debit card? In other words, how do you pay things with it once you dump your pay check into it? Let me know. Thanks

tuckerochalek
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Once the heloc is paid off after chunking, do you pay off expenses for that month and wait another month to chunk again? I'm getting stuck on the final payment, and when I can chunk again without affecting the $$ for my expenses since those will still be due for the month after my paycheck pays off the balance. Hope that makes sense.

emmabbyreborns
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denzel, velocity banking works Thanks for your tips!!

frankrodriguez
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Denzel, whoa! Second month of credit card not clear at all. If you charge the expenses back on card how does balance just dissappear? You would have to pay more on it next month or how do you pay expenses and get to zero? 🤯

theminutecomic
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What if there is a payment for early debt payment? Is it worth it to pay early?

taclobanexperts
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Where did the 2100 come from... expenses and what else because the expenses remain the same every month?

brandonwashington
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In this example it looks like you subtracted the figure you had us add up $1663 from cc balance and how did you get the subtracted figure?

bluebonnet
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❤. Thank you. I’m finally learning how to do this. Lol.

jill
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I think I have a dumb question. What do you do with your cash flow money? Does it go into the LOC or does it stay in checking/savings?

TheJoeyguitar
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Great video... . My question is using the help I get the chunk amount that is used towards the mortgage.... But would we keep paying the regular mortgage payments too? Meaning, every month do we still pay the regular mortgage bill ontop of the chuck payment we payed towards principal?

GaryOutdoorsLiving
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Question on that Denzel while she is knocking out the debt, when u say still paying the car payments monthly, is she now using the L.O.C to pay the smaller car payments as well???

coolinnovation
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Hello, I'm a new subscriber and would like to know about the form that you are speaking of. I would like to fill it out if it will allow me to get involved. Thank you.

DK-
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Been watching you for over a week now and you and this strategy is amazing. I hope I can get help from you

skf
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Love the content and the vibe man! Keep doing gods work.

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