The TRUTH About Velocity Banking GOOD AND BAD
Find out the truth about velocity banking – both the good and the bad – in today’s episode. Beyond just discussing the concept of velocity banking, we go in-depth with what we use velocity banking for – things like startups, building and growing a business, real estate, investments, bitcoin and other crypto, diversifying, and more…
In this video, I share my actual bank account to show you exactly how velocity banking works and how it’s put into action.
0:04 – What is Velocity Banking?
2:32 – What we use Velocity Banking for…
2:52 – Diving Into MY Banking Account (Velocity Banking Example)!
3:47 – Investing In Crypto – The Bank Buys Me Bitcoin AGAIN!
5:17 – The Downside To Velocity Banking…
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Some videos I’d recommend watching after this one:
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Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you!
Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/vipfinancialed
Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow-through, utilizing some of the things Dave Ramsey teaches – optimizing your cash flow by decreasing expenses – however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We’re all about the best of both worlds.
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