Industry sign banking ohio poa free
okay now we're live I'm gonna wait a couple minutes for everyone to realize that just started another stream sorry about the delay class YouTube is playing games and I don't know why I don't know why they're playing games let me just let me just get everyone a couple minutes just to jump over to the new livestream alright cuz I do not know what happened to the other one hello Joel morning you can give everyone a couple minutes and it was about it was about 15 people on the other stream yeah they got to exit it hopefully if it cancels let me just go ahead and go over and just cancel it so that they know let's see if I can go ahead and close this thing out bear with me shouldn't be anyone over there anymore should have closed but let me go overhead close this out delete perfect all right all right just deleted the other stream waiting for some people to get on to the new one yeah looks like I gotta clean the whiteboard today due to some technical difficulties so no one has to wash the board don't worry I'll take care of that today all right I'm just gonna wait another 30 seconds people realize yep okay everyone's starting to jump over now let's see me just pick some people here let them know all right you guys don't see another live stream right it's just this one just double-check that for me doesn't look like it on my end looks like it canceled all right cool well how's everyone doing today let's start off with a little prayer all right bow your heads cuz we're gonna go into a really cool lesson and you two was trying to play games with me but I got to deliver a kingdom message today so nothing's gonna stop me okay so let's pray our Father who art in heaven hallowed be thy name thy kingdom come thy will be done on earth as it is in heaven give us this day our daily bread and forgive us our trespasses as we forgive those who trespass against us please Lord lead us not into temptation but deliver them from evil amen love you Father so this message today I'm gonna allow God to just speak through my vocal cords I want to share with you something that I am going to build between January and January of next year I'm gonna try and get this built and I'm gonna ask the whole community to get involved at however way you can give whether it be sharing this message with a colleague a co-worker someone that you know this message right here is gonna be huge all right so what I have on the board is kingdom thinking I want everyone to start thinking like a king okay like in order to become a king one must think act and behave like a king alright and if we are going to build our legacy in our household by doing velocity banking getting the foundations down to get our finances in order wipe out all this unwanted debt okay and then move into charity and giving being a cheerful Giver creating an abundance amount of wealth all right and part of this message is going to be talking about tithing okay and how velocity banking when I'm working with families I never compromise the tithe because one might think here's a question that comes up quite a bit and it came up for me as well when I was you know getting myself out of debt and still getting myself out of debt I should be debt-free by May okay by the way so I'm happy about that a question is that I had to face and I was you know searching his do I pay off debts or tithe or is there a way that I can do both in a way so in order for me to that question I have to dive into the word right so if everyone just goes over and checks out at your time and convenience some people are you know driving or at work so you may not be able to do this but when you go home when you catch the replay I highly encourage you to check out Deuteronomy okay chapter 14 verse 22 all right this right here this is really gonna bring things into perspective on how you can tithe even when your finances don't allow you to okay so if we are to look at Deuteronomy 14 verse 22 it says thou shalt truly tithe all the increase of thy seed that the field bringeth forth year by year year by year that right there take that if you can understand that you know most churches want you to almost hide on a weekly basis some people can't do that I know when I was struggling with debt and I had no job number one I'm like oh god how the heck do i tithe if I don't have any income coming in and I went back to this verse right here my oh because in that time how long did a harvest take to grow how long does it take to grow a business how long does it take to produce some income alright so that you can enable yourself to give so I decided to take that right there and apply it to my kingdom strategy when it comes to velocity banking infinite banking and real estate investing okay so let's go over some numbers here here's current income as of January I I low ball myself but as it this month I went as soon as their 31st hits I'm gonna clear about 10k but I'm gonna you know lowball myself because of you know business expenses I just started a new business as well and everything's gonna be in one whole new picture the old business that I had I'm giving 100% to mom I say here you go mom I had it we had a conversation didn't a bother look I'm about to give you 100% ownership of the company you take that over go invest in real estate go build your legacy go become a powerhouse woman yes for all my moms out there do that ok so I'm pushing my mom to go that route and then I just started this new business right here as of January getting this thing's solid ready income eight thousand a month expenses 3500 we have a remainder debt around 9k that'll get wiped out by May okay I'm just gonna write that done by May all right if I play cards right and I'm conservative I should cashflow about 4k or more a month if I consistently do that and consistently keep my expenses around that number which might go up because of running a business okay and we currently have our debt tool a line of credit of 10k the goal is to increase this to 25k by May after I'm debt free right is to shift all that debt to the line of credit to give me a bigger capability to start doing some damage now here's the goal I want to establish a kingdom fund okay using the infinite banking concept and the velocity banking concept and I'm gonna explain what we're gonna do with it but right now I'm gonna go over what the kingdom fund is all right this is gonna be a life insurance asset okay and I'm just gonna call it the Kingdom Fund my goal is to put in twelve thousand a year all right now me personally I'm tithing like ten percent already in my own personal life insurance policy like on top of what I put in I'm putting another 10% and at the end of the year I'm gonna take some money out and like help someone right on top of that I also have like a little system where I where I get a bunch of leads throughout the month and I you know a couple times a week I just call someone at random I'm like I'm here let's do a consultation let's get you money right there's nothing there like you don't want to charge me like nothing you've been blessed Lord told me to call you he told me to serve you so I'm doing that all right so that's on top of like my time that's giving and offerings right so you got your tithe and then you got your giving and author offerings as well okay so twelve thousand a year all right a month at 24 years old so the goal is to establish it before 24 right before I'm 24 so that's dust a bowl but you know if sooner that's okay that's a bonus my premium cost will be 1800 a year if I'm putting in 12,000 all right so we have a very large cash value performance right going into cash all right going right into there if you're lost don't worry I'll explain it and then I have a very minimal amount of percentage going towards premium all right and beings that I'm so young very healthy I'm gonna get ultra preferred and that should create a MEC limit of somewhere around 21,000 and the goal is to fund this for 40 years so I'm going to work and serve moms all across the United States and dads and whoever comes across my child that wants to work on me one-on-one all right I'm gonna be you know hustling for 40 years all right and working and establishing my kingdom authority here and at the same time we're gonna be dumping right this amount year after year after year so the minimum I want to do is 12 the max that I can do is 21,000 so the total amount of money going in over 40 years on the low end would be four hundred and eighty thousand on the high end eight hundred and forty thousand and over 40 years since my cost does not change my cost is only 72 thousand dollars okay over the course of 40 years when it's all said and done my death benefit will be anywhere from 5.7 million to 7.2 million no joke no joke here you do the math this money 10 times itself 10x okay I think my uncle would say good deal thence good deal right and mind you this is not an investment I'm simply saving the tithe preserving it because according to the word if I read this thing properly and rightly divide it there's even where it talks about people that may not be able to tithe by the year you can make up for it every three years but you'd have to give 30% if I'm reading it properly so for if I was to go back to it you know says thou shall truly tithe all the increase of thy seed at the field bringeth forth year by year and thou shalt eat before the LORD thy God in the place which he shall choose to place his name there now in today's world I am not too sure where that place is I'm assuming Israel okay that the tithe of thy corn of thy wine of dying oil and the firstlings of thy herds and of thy flocks that thou mayst Maius learned to fear the Lord thy God always okay it's important to have to be of not fear like be afraid of God but you are recognizing that he owns it all baby he owns it all right and you're just recognizing that that he owns it all so you're giving 10% so he says Amen give 10% to the kingdom and watch how much I bless you watch test me test my system right and it goes on to say and if the way be too long so if it takes too long to get there with your tithe all right so back in the day you know and cattles and all that if it takes too long right too much for you to carry it to bring it to the land what does he say what does he say he says so that thou art not be able to carry it or if the place be too far from thee which the LORD thy God shall choose to set his name there then the Lord thy God had blessed be then thou shalt turned it into what money money and bind up the money store up the money oh boy I might be talking to someone today bind up the money in thy hand and thou shalt go unto the place which the LORD thy God shall choose and thou shalt bestow and that money for whatsoever thy soul lusted after for oxen for sheep for wine for drink whatever the soul desires thou shall eat before the LORD thy God and now sigh rejoice he showers rejoice and the Levite in translation the preachers today is within thy gates thou shall not forsake him for he hath no part nor inheritance with thee so we're gonna give to him as well and then look at that bringing up the three-year thing in at the end of three years thou shalt bring forth all the time of they increase the same here and thou shalt lay it up within thy gates interesting stuff here whether you're a believer or not interesting concepts here all right in terms of building wealth giving right man when you give oh my god oh my god this channel has been built strictly off giving and receiving I just released my actual velocity banking intensive program for nine ninety seven I have two individuals there so that means prior the whole five months prior from August till December this thing has been merely functioning off the giving and receiving concept that's amazing that's amazing okay so coming back to this I'm able to establish this in a year's time frame all right and all these numbers are real accurate I just got my illustrations I was looking I'm looking to them over today all right if you think about if I just did 10% of all my earnings then it would be nine point six K but I'm gonna go a little bit above because I'm gonna tell you in a minute as we come over here what the purpose of this kingdom fund will do okay so number one the beneficiary it's gonna go straight to the kingdom I'm gonna establish what's called a CRT a charitable remainder trust okay so my beneficiary is not gonna go to my heirs right or my you know wife at the time or my kids at the time it's not gonna go to them directly it's gonna go into this trust okay and I'm going to establish a board right a board of individuals someone that it's an entrepreneur someone in finance someone you know that understands you know literature a lawyer a doctor an attorney a board okay and they are going to have control over all this money that gets divvied out to the kingdom now now when I say control here's where I'm gonna have in writing is that the business is gonna have language that's gonna say exactly what to do with the finances all right now here's some good things to know about this this establishment right is that this fun is gonna earn anywhere from four to twelve and a half percent that's the range okay could go higher if interest rates go up throughout the years which they probably most likely will when the Fed decides to increase the interest rates then I'll benefit from that okay the account will never lose money so it follows uncle G's rule never lose money it's a tax-free asset we don't have to worry about Uncle Sam all right as these are after tax dollars going into this account all right money will be used to fund mission trips help moms master personal finance and spread the truth what is the truth come on man you know who is he's got a name it's a name okay the truth is Jesus all right that's the truth get to know him even if you're not a believer I'm your believer you don't know when you up in the air who knows I wasn't always a believer right I don't think anyone's a believer right away takes time right here's what else we're gonna do with this fund we're gonna do some education reform listen the u.s. is suffering right now people are dumb dumbs I've got a lot of knuckleheads people think that they know about money and they don't know jack and they're half a million 1 million 3 million dollars a debt and think they they know it all okay where we got a whole millennial generation that has no teacher who were the teachers man who are the true teachers right now in society very little very little teachers you got guys like Tony Robbins you got guys like a Gary Vaynerchuk or Grant Cardone John Maxwell you know very few guys you know even in the even in the church industry only a couple of guys that really got it down you know so this is gonna help this fun right here we're gonna partner with some teachers organizations that are all about education reform right I was doing some research you know there's only four states that require a personal finance class that's terrible that's terrible it's terrible so we're gonna work on establishing personal finance into the criteria starting as early as elementary early as elementary you get you get it you get a ten year old listen I'm working with middle school students and elementary students in my local area and they have been fed velocity banking how to build credit how to avoid debt how to increase income they're being fed that ten years old oh my god oh oh my when they get older when they get older trust me are they gonna be so profound in their speech and language when it comes to making money all right the other thing that I want to do is there's a there's a movement all right that the United Nations put together is called the sustainable development goals a lot of people don't even know about this reason being is cuz there's no teacher hopefully I want to position myself as a teacher in combination with education reform we put a program together both personal finance which is getting you money right and then the SDGs is talking all about how to preserve the planet the environment make it sustainable create legacy all right what are we building people what are we building alright and I have something personal that I would like to also do with this money as it grow so mi
d you we're putting in 12 K a year right at the least and is growing anywhere from four to twelve and a half percent all right my break-even point let me see what it is I believe the money breaks even let's see 12 24 36 by year five your four or five the money breaks even right and I have an initial death benefit anywhere from 1.1 million a 1.5 million dollars okay bomb just like that so anything is better anything goes down anything happens to me at a very young age it'll still perform what it needs to perform because I'm also gonna establish this trust very soon within the year I'm gonna establish the trust establish the will so I'm gonna get my board in line I'm gonna find some people in this community that I can trust people that I've been working with for a couple months now people that I trust people that I've grown to like you know like Joel I like Joel I like what he talks about you know I like Kendrick my god Kendra been watching me since like day one and he signed up at my velocity banking intensive course right and I'm always calling him bredrin right we got moms that have been following me since like they want love it military getting my military people involved they're gonna be on this board alright guys like Matthew who was on a call recently on a livestream like this guy like what he does alright there's there's particular individuals that I'm gonna combine together and we're gonna do some really interesting things alright and we're gonna all establish some Kingdom Authority so I mean dive over to some questions here I want to read what some of the comments are I want to see what you guys are saying see how you guys feel about this what do you think any questions regarding you know the asset itself how it'll function how it'll get used throughout the years okay I'm putting my money into this but then I'm also anyone that joins my tier one on patreon I redefined it I called it Kingdom citizens alright so anyone that gives ten bucks whether it be on a month-to-month basis one time all I need all my goal is to get at least a thousand people to give at least a thousand people I have what 36 almost 4,000 subscribers now so that's about a third of my viewership only a third can you imagine what it would be like if more did that so only a third ten bucks whether it be one time or a month among basis all of that money will go into the established fund it will go into the kingdom fun all right and then that throughout the years I'll be managing it obviously but I'm gonna use it to continue to help moms work with the SDGs the people in Miami that I'm partnered with that are very knowledgeable on the sustainable development goals and I'm sure there's people in this community that know of it as well they're also knowledgeable and this will also help to continue to you know improve the quality you know of this channel and content things like that so let me look at some questions here alright crew says what's up Dee how many years do you have to pay the premium for it's gonna be forty year it's gonna be a 40 year fund okay one generation forty years right the policy will then turn into a reduced petah where no more money will be funded into it it's gonna just continue to grow on its own right which will then fund whichever organization or foundation that the board decides together as a team okay that's how that's how that'll work Joe says he owns it we manage it for him that is correct God owns it he simply gave it to us to manage he gave us this earth right we are the dominant creature here so it is our responsibility to bring the best out of the plants to bring the best out of the land out of the fruit to bring the best out of our companion our partners that is what we've been designed to do let's see according to Dave Ramsey life insurance is a bad investment term insurance is the best way to go my friend you are correct you know why because you use the word investment investment we are merely saving money in an account tax-free that's gonna grow at this interest rate somewhere around here consistently year after year after year okay so you got to understand the purpose of the account the purpose is to preserve the money that we put into it and never lose it mind you we know velocity banking so the money that grows inside of it what do you think we're gonna do with that we're gonna make money we're gonna invest in real estate all right Dave Ramsey never talks about investing in real estate almost never when he talks about mutual funds and in my opinion you're better off buying the index the heck you pay a guy all this money for a mutual fund when you can just buy the index and average out year after year all right so if you really want to talk about investing my friend real estate stock market start your own business provide a product or service to the marketplace and you'll make ten times any investment and if you add giving to it oh my oh my let's see crew says if you're only putting in 72k of your money guessing only six years no no the 72k is the cost 72k is the cost the total amount of money going in at the least will be four hundred and eighty thousand at the most will be eight hundred and forty thousand okay this four hundred and eighty thousand will ten times itself right it'll be worth ten times four point eight million dollars cash not death benefit cash by the time i'm somewhere around eighty years old somewhere around eighty okay so that money ten next itself over a 40 50 year time period at the least and then the death benefit like I said anywhere from five point seven is seven point two million okay that's that's right around the age of late 80s maybe 90s okay but obviously if I put in more than twelve K with the help of the community that are giving right people who are just giving through the patreon all right or however they like to give exposure all right putting me in front of more people letting me speak out of church max will be somewhere around twenty one thousand eight one hundred and forty thousand if I'm doing that then obviously the money would grow that much faster right so by the time I'm eighty it'll be worth eight point four million or sooner probably around 65 70 as thing will really start to grow let's see he said it's an asset not investment there's the difference there you go Russell appreciate all right uh I see he says I met whole life insurance is a bad product term life is better again the purpose what is the purpose of us acquiring the term or the whole life what are we using it for term life is best if you just want what life insurance it's cheap as hell right spot just buy right and if you want to save money tax-free and use it to do velocity banking and build a legacy and be able to pass on tax-free money in the millions to your family and errors and okay that's where whole life comes in all right it's best when you do your research and follow what the most successful individuals have done like the Rockefellers like Tony Robbins Grant Cardone okay these guys know it these guys know it follow-on learn from them let's see uh crew says concept great tool to have to establish your kingdom authority you are the bank correct we are essentially establishing a bank that's going to fund mission trips that's going to fund whatever God puts in our hearts to do for people for Humanity for the SDGs come on we're gonna do some real stuff let's see uh truth truth Albert how our younger Hawaiian time good morning everyone how are ya Lettie says yes with you let's see what does the billionaire and the beggar have in common both have 24 hours in a day yeah so how are we maximizing our 24 hours not only our time but how are we maximizing our our money all right where are you putting it and why what's the purpose of you investing in a REIT in a IRA what's the purpose of it right if it's not fulfilling the purpose then therefore it is not a qualified and good investment strategy right that's something they're really really looking to oh yes Joe I'll commit starting February - love it hey dot God doesn't make rich people or what God doesn't make rich people are poor people he only makes people some rich some poor depending on how they managed I'm gonna fix your wording there I feel like I know what you're getting on to and that reminds me of the story of the three gentlemen that were given talents one was given five the other one was given to the other was given one all right the guy with the one talent didn't do jack with it so God took it away from that's how God is man hey I'm gonna give you life of all the billions and billions of sperm cells that that we're going before you got made and you was the only one that made it and then you got conceived you you lived through the you're your mother's womb she carried you and you lived through that process right some babies don't even get to that process they die in the womb right some babies die when they get out some babies die a month a couple weeks months later so you mean to tell me all that right all that come on come on and then to live a life not at your maximum potential that is a waste of what talent for what whoever put this far into your mind of being average you know I love what Grant Cardone talks about he's like you got to be obsessed all right you cannot be average all right I don't your human body has not been designed to be average there's only one of you you must become obsessed with your purpose in life and your passion and your Kingdom Authority and really hone in on it and just master this okay let's see what company are you using for your whole life insurance for this one I'm either gonna go with MassMutual or guardian if I go with MassMutual my dividend rate will be anywhere from like four to six and a half percent or higher if I go with Guardian then my guardian policy is gonna function like a whole life where the premium the premium stay stagnant they won't change and then the money that goes in the cash value will follow the index which will give me that twelve and a half percent maybe eight maybe ten maybe eleven seven nine whatever it is she's gonna follow the index and in the event that the index does not perform and goes negative one year the market crashes I'll still receive my floor of four percent not very many savings accounts money market accounts CDs bonds can do that and guarantee it every single year so that's where we have that protection of well okay Macey says I love your response when ever someone speaks of investing with life insurance well thank you you know I'm always about the terminology right for the first time I think in ever our current generation our society is redefining terms for the first time ever we're redefining terms for the longest you've got terms that just met this all right just like you know the Bible when you get new new translations the word alters and that's where God always talks about you got to rightly divide the word same thing when you're looking at an investment strategy towards your money is you got to be able to rightly divide what an investment is what savings is okay what spending is expenses debts things like you got to be able to really you know evaluate things right it's so important right to know the original tax the original language the meaning of a word it's like when you know the original meaning of a word just like Authority you know and Kingdom and Dominion you know and work all right people people a lot of people I talked to are afraid of the word work because they're referring it to working for someone for so many years and then retiring where in fact the word work actually means to become to become what you've been designed to do okay to become a king right let's see are you going to the 10x conference no I wanted to but I am going on a vacation with my girlfriend and we're going to have an exciting time together I'll catch his TEDx event the following year but I also planned in like March or April I think he's doing like a an intensive like a smaller like 10x workshop like a sales event and I think for me it would be more valuable to go to something like that cuz I could probably you know get him one-on-one and also my team who are 10x students are gonna be flying down in Florida and we're gonna be connecting that way so I'm gonna get better use of my money let's see generosity and press power and prosperity go hand in hand Lewis says I'm 56 is it too late to get that kind of return no no if you design an asset like this properly your age won't become a major factor now if you know you're in terrible health then yeah and B it's gonna be a factor right and premiums gonna be higher you're not gonna have a much much death benefit but that's where velocity banking comes into play my friend that's when we have to start looking at real estate 56 years old over the next 10 years what are we gonna do together I'm gonna wipe out all dang that we're gonna acquire some real estate together do some deals and then get some insurance to protect all that wealth that you create over the next ten years so it doesn't matter where you're at at any point in time it always makes sense to have what protection have a trust have a will power of attorney a doctor all this stuff very very important life insurance can help fund all those things so that you can keep expanding and growing right very very good stuff let's see is there a way you can add subtitles to your videos but in Spanish I've been spreading the word about you teachings and blessings that have drawn up a pretty big crowd that would understand it better we got to work on that we have to maybe we got to team up with someone that knows how to add subtitles to my videos and it could just translate it in Spanish or can translate it in another language Portuguese or you know whatever other language whoever is fluent in a specific language and you want to spread this let's go let's do that let's see God doesn't give you gives you ideas I don't know I don't know if I can agree with that ah not that God puts it in someone else's heart to bless you whether it be financially spiritually you know or a physical product or service you know so I believe that the more and more people that find this channel and they watch a couple of videos they get to know my character and before you know it they're signing up tier 3 tier 4 they're giving more than what I initially put on there what made them do that not because of what I what I really know right because they could have gone to the VIP financial they could have gone to replace your mortgage they could have gone to what's the other guy Cana Jay Wallace and there's an Asian dude as well that does this and with the little board he's think is called beat the bush or something like that they could have gone anywhere else that has ten times more subscribers than me way more likes way more views right way more everything experience knowledge why did they choose me I think is because God put it in their heart to bless me they like what I'm doing they like the mission they like what I stand for and on top of the wealth of information that I want to provide to people is that feature and benefit you know so let's see am i late yeah but it's okay I was late so I got to watch the board so you're okay where have you learned all this info who has taught my teacher okay when I surrendered keyword when I surrendered got down on the knees I was like okay I got down and I said I don't know what this is I'm gonna trust you I'm gonna put you on display I'm gonna put your reputation on the line all right let's see what happens okay so like I said I in some of my videos I've gone over a what's called a fantasy league okay so my fantasy league is a group of individuals that are highly highly successful financially spiritually physically mentally their mentality is aligned with mine their their way of thinking okay and in combination of those guys the image right and that the image that I want to represent that I want to acquire I got that and then I have the blessings from Christ I firmly believe that he blessed me with all this information because prior to me establishing my fantasy league I was already doing these concepts like for my own personal self but on a very very small level very very small level but then with the bonus of a guy li
e Grant Cardone Gary Vaynerchuk Tony Robbins Denzel Washington John Lee Dumas write these these these guys have poured information into my life over the last year I should say Tony Robbins I think I've been following him since I started uh selling knives like I was selling knives when I just got out of high school I was selling Cutco knives I was going to moms houses on the Hema you need to buy these knives why cuz they're the best knives ever right and you love me and I love you and if you help me it's gonna help me grow my business and that's what I would do right and in that time I was like uh following what's his oh my god Tony Robbins teacher was Jim Rohn right so I was I was listening in Jim Rohn at the time and Tony Robbins which then led me to other like John Maxwell and other individuals as well that just are just highly highly successful and a guy like Tony Robbins he wrote I don't have it right here but he wrote a book called money mastered the game and all the way in the back of the book he's talking about this life insurance as an asset as a guaranteed way to to create wealth and preserve money and have income at the later stages of your life he talks about it pretty interesting when it comes from someone that if I'm not mistaken I think he's made about a billion dollars or more over his lifetime I believe his net worth is definitely hundreds and hundreds of millions of dollars but I think he's made well over a billion dollars so far I'm not mistaken all right let's see Lois can you please life insurance companies you mentioned earlier in this video after the class is done yeah you want me to Blake put in the comments I just put in the comments if you want cornelius says we choose you because we know like and trust you yes that is what i want to establish here i want you to get to know like and trust me so that when we're on the phone together and you're actually going to listen to what I tell you to do in order to get yourself out of all this debt so that you can start thinking like a king you're like alright 10% of everything that I make I can establish something like this imagine if if for all my 50 60 45 year old moms and dads out there that I talked to your kids are my age or younger just imagine if you started teaching them this stuff now if you just said hey watch this video please can you watch this video please just tell them hey can you watch this video check it out see what your millennial generation is doing right oh my goodness oh my goodness you get you get a 16 year old 17 year old an 18 year old to start learning the stuff that I know right now at age 23 they're 5 years ahead of me technically and then that will propel them to the next stage incredible stuff let's see amen brother you are the only person I see teaching velocity banking most of the others are putting the idea out there but not teaching how to do it you are teaching correct that is the difference I was like I have to figure out a way to separate myself from the industry all right everyone is selling velocity banking they're just selling it by this program by this software it's gonna teach you how to do it no no no no I know a lot of X VIP financial clients and X replace your mortgage clients they bought the software it did it's job right it shows when you'll be deaf reading it and it did it but the problem is the user that the person could not comprehend it and the strategy kind of blew up on themselves all right and then they come talk to me and I'm like cool now we have to reorganize fix this get it going you know so it's not that those other channels are bad they're great companies it's just that when you don't have a teacher to kind of you know kind of you know hey you know walk you along that's where it can get confusing yes and using real numbers from real people helps a lot that definitely does - yeah good afternoon my brother can I do velocity banking with a line of credit that is less than my income of course of course yeah Jeremy get this thing going man like I had a five thousand dollar line of credit and let me tell you I was velocity Singh the heck out of that 5k I was like boom boom boom boom boom like back and forth I have families that have they make maybe five grand a month but they will only get they were only able to get a line of credit for like two or three thousand and then I have some families that make like seven grand a month and then they got a line of credit for like seven grand so it was like when it's when we get a line of credit very very small usually my chunks match the exact limit of that line of credit so I actually take out the whole amount so if I have a five thousand dollar line of credit my chunk is gonna be five thousand bump and then I dump my income five K it washes the account no interest occurs and then throughout the month you know expenses are you know three four grand or whatever cash flows a thousand okay we're taking the money out taking the money out what else is happening when you're taking the money out you're getting paid so you're paying yourself back all right and then like literally every like two three months four months we're doing like three to five K chunks and that's gonna build your credit very very fast so that you can what increase it increase it and get it going let's see can I set this up for my children of course I have six families right now that we're working on establishing the child policies but you do have to have life insurance yourself whether it's a term policy or a whole life the little base it off that if the kid is 18 or older then I don't think it matters like he could get the policy himself but you fund it that's you know that's a way to go let's see I'm 22 years old trying to learn how to get into this my sister who is 34 led me to you about velocity banking I've been watching your videos ever since what and what's the difference with Bitcoin I just left a seminar about building a relationship with your bank and the speaker's had no knowledge of this topic well that's unfortunate right we gotta we gotta teach these speakers like what do they don't I think don't 22 years old nice and you're younger than me okay Bitcoin is interesting I think that the only thing that would affect velocity banking is if Bitcoin took over as the worldwide currency and that's a very possible thing that can happen over the next 10 maybe 20 years that all currency goes from paper to virtual but here's what's beautiful the concept will never die we just have to change our numbers like okay well now we make Bitcoin so I'll be doing ok we make 8,000 of Bitcoin per month and oh like that's that's all it'll be the interest might change the value of the Bitcoin might change but the concept stays the same we'll still be able to leverage maybe they'll come out with loans and lines of Bitcoin I'm gonna get a line of Bitcoin line of credit in Bitcoin or a loan in Bitcoin all right that's the only thing I think that would have an an alter to velocity banking other than other than that that's that's the only thing I see difference between Bitcoin if that's your your question if the question is can I do velocity banking with Bitcoin sure but not to pay off debt we could do velocity banking to invest in Bitcoin using our currency our fiat currencies to invest in Bitcoin I have I have a gentleman that invests in Bitcoin you I believe he's doing velocity banking you know I spoke to him I do this dismiss and he doesn't have a lot of debt so he stores his money in Bitcoin he's just he's just letting the ride he's letting it ride right but instead sacrificing his monthly cash flow he's using a line of credit to throw it in there and then he just stores his cash flow in the line of credit to avoid any interest right and then with a line of credit what can he do put more money in the Bitcoin and that offsets his risk so to speak now if he loses money in the Bitcoin he loses money in the Bitcoin but he's okay with it because he's more in it for the long haul all right let's see I'm still in the process of learning can you can you quickly explain why you dumped all income into the line of credit account then draw expenses from that I know there is a reason for doing that apologies I and you Mike are you my client cuz I have a Louis about to get me upset are you my client Luis Flores cuz I have some by the name of that but I don't know if it's you I mean because there's everyone I have people with similar names that I work with are you on my patreon list cuz well not to get fired up in a minute okay thank God thank God all right so you're new cool we accept you listen my friend when doing velocity banking ah you did send me an email yeah so I have another Louis that I work with and he's in my tier 3 and I have a guy by the last name of Flores mr. Joel so that's why I got a little confused so as we wrap up class let me answer this last question right here the reason for dumping all your income into a line of credit after you've chunked out a specific debt so for example let's use me I got a ten thousand dollar line of credits at fifteen point nine nine percent Interest if I take a chunk of six or seven thousand to pay this 9k right immediately this 9k right let's just say it's at its core a bunch of credit cards that have you know twenty five percent twenty seven percent 19 percent whatever the case may be just doing that alone would save me money okay but it's not enough right not enough so after making that seven 6k chunk towards whatever amortized debt or credit card debt auto loan whatever the case may be when we strategically make that chunk you now have to solve for the line of credit because you just created the debt okay so if I take my income and I and I all at once whether you get paid monthly bi-weekly weekly it's sporadic your commission doesn't matter in a month in 30 days 30 days all that goes into here and it washes the account it washes what you took out right and then throughout 30 days you now are drawing your withdrawing expenses so if you only draw 400 a week and then you withdraw 900 and then you would draw a thousand 200 you're only paying interest on whatever is outstanding not the whole chunk so that low is our interest cost which allows us to offset the borrowing effect right and then in the process of doing that guess what you're getting paid whether it's monthly bi-weekly weekly salary commission business revenue whatever the case may be and it creates this velocity the speed at which you make transactions if you do this real right you can be ahead you can literally be one month ahead on all of your bills I have people who are like this they're literally a month ahead on all their bills because they've made the chunk which gained them cash flow right and then they used that money that they would have spent towards that debt now it's being used for expenses and they're getting paid and it just keeps washing it bom-bom-bom and then as soon as the balance what approaches zero or close to zero we create another debt we take another chunk and we keep going mmm write a diary you get that look at my friend Louis and then and then and then you work with me one-on-one because me just saying that is not enough like is it okay but when you submit the numbers working me one-on-one we lay it out we have a conversation and then I you know throw it on the board yeah amazing things occur this delight bow goes off and then you're off to the races you never have to use anyone else ever again that's my goals I want to actually equip you I don't want you to rely on me to learn velocity banking I literally want you to master this so that your kids can learn it and then when I'm long gone my legacy lives on I created all these students that mastered velocity me created all these successors and then I picked a few people to join my board to keep on keep on keeping on I was listening to an interview that Grant Cardone was doing with this really big dude like this his name is Edie something ed something he's like a he's in the financial services you think this guy would be a bodybuilder but he's in the financial services and Grant was talking to his staff on you know having them thinking like he died all right so if Grant Cardone was not there who's gonna who's gonna run the ship can the ship last what alta captain alright will a new captain arise and keep the ship going alright and that's exactly the same method I want to you know get with grant is cuz he's got this amazing concept of helping uh like he's got a foundation that he started and it's gonna be helping kids without dads and I think that's a big reason why I I connect with him a lot cuz I was raised without a father okay my dad was taken from me right and you know mom found someone else years later but the damage had already been done you know they went out of daddy you know kids without dads is I don't want to say it's worse than not having a mother I mean it's it's both are terrible but that you know a son without his dad it's just like a huge delay and if that kid is not nurtured by like 20 years old or sooner or 25 or sooner I mean just the path goes down the suicide rates are up if you ever look at the statistics of kids without dads and you look at the suicide rate you would be astonished you'd be astonished right so I myself had to go on a journey how to find me a dad right would I find my man Christ God found them and then I began to appreciate other father figures in my life you know like my stepdad so I don't resent him anymore uh people like grant you know uh people my Fanny silly things like that so that's gonna be huge as well part of this you know Kingdom fun is is gonna really help kids without dads boys or girls alright and I'm just gonna partner with people that are just doing it alright and if you want to be a part of that listen join my tier one it's called Kingdom citizens alright a thousand spots there's sixty six people there as of right now that have been consistently giving for like two months three months four months five months like there's some people that have just been giving consistently you know like my good friend Mason she's been given like my good friend missed the Ortega family just been given you know our day in and day out just just building it cuz they know to get it and I want you to get it alright let's see um last questions hello there's L over the past two months I've been getting my financing sooner I'll become a patreon soon I'll be waiting to see you hello rush Denzel you have no idea how thankful I am that I found your channel I'm looking forward to our first call potentially working together in the future I'm a licensed real estate agent in Texas oh yeah let me tell you a lot of people over there in Texas love Texas never been there I want to I want to go let's see thanks I need to work on getting a line of credit yes yep getting that line of credit getting that tool its key okay working on debts no we'll want to do velocity banking after I pay off credit card debt carnival I would encourage you to go a little faster I wouldn't stay on that snowball for too long because your cash flow is being sacrificed we don't want that let's see and that is a wrap ladies and gentlemen definitely catch the replay it'll be up alright this is my this is the Kingdom message Kingdom thinking Kingdom authority Kingdom principles getting yourself in line getting your finances in order becoming a part of something that's bigger than all of us okay so I hope everyone has a wonderful day god bless I'll do another livestream tomorrow I'm gonna try and do a lashing like every day until the 31st I'm gonna try alright this just just depends on you know situation and noise in the house things like that alright so you guys have a wonderful day I love you god bless
