Not only do I break this down, but most of the calls I receive say this is the best video on Velocity Banking they've found on Youtube. I show you how to do this, in easy to follow steps, AND show you how to supercharge your Velocity Banking Journey by leveraging your 401k without penalty.
Now is the time to pay off debt fast using your retirement dollars. WHy? Because right now you can do so tax & penalty free. How does this benefit you? Watch and learn as I show you how I helped one of our clients DESTROY $40,000 in credit card debt in just one year. No consolidation or complicated paperwork to fill out. This is sooo easy.
If You Are Baby stepping with Dave Ramsey, or snowball strategizing with many other "Gurus", it's going to take you a long time to achieve results like THIS. Let me help you get properly structured and use your funds wisely, and make them work FOR you.
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0:00 - INTRO
1:45- Velocity Banking Explained
2:05 - Visual of Velocity Banking Process
3:35 - Cash Emergency Explained
5:49 - Pay Debt Fast W/ Same Dollar
6:20 - 401K Loan pay off credit card fast
7:00 - Velocity Banking Full Example
8:04 - Month 1 Debt Tool Impact
9:15 - Months 2 -4 Velocity Banking
10:26 - Month 5 Velocity Banking
11:10 - Debt Tool/Debt Weapon Attack Debt
13:35 - What You Need To Know About Balance Transfers
17:01 - Month 6 -12 Velocity Banking Paying Off $40k in CCd Debt in 12 Months
18:16 - Velocity Banking Overall Impact
How To Take A 401k Loan Tax & Penalty Free With The CARES ACT:
How could your financial situation be different if you had access to potentially $400K for the next 3 years and in most cases tax free and penalty free? Watch This Video To Learn HOW to avoid taxes and penalties:
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Watch our 30 minute webinar for a step by step instruction on what exactly to do (including free quick guides to keep):
www.selfdirected.info
If you're looking for How to invest tax free with your retirement account, I'm here to help. Whether you have or need a self directed retirement plan, a self directed IRA, or self Directed 401k, you are in the right place.
My goal is to take something that seems so complicated and make it easy to understand. Please let me know how I'm doing and if you have any further questions you'd like me to answer here, or topics covered. I'm happy to do them and would appreciate the feedback.
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🔔 HOW TO CONNECT:
Digital Business Card: www.selfdirected.info
Website: www.sdretirementplans.com
Want To Jump On A Call and Talk About It? (It's Free):
Calendly: www.calendly.com/selfdirected-strategiesEmail: Donnell@sdretirementplans.com
Facebook: [ Ссылка ]
I'm also on Linkedin, TikTok and Instagram
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DISCLAIMERS & DISCLOSURES
This content is for education and entertainment purposes only. Donnell does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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Fastest Way To Crush Debt with credit card (EASY Steps)
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