Thanks Asha very thorough and the use of black marker or ink with all the content may help for the viewer to see the content better although the colors are good its somewhat hard to see from the position . Great first time 😊

Can you show me how velocity banking will look like when all the debt are paid and only using the cards for expenses? I need to see how this will look like when all debt is paid. Thank you!!!!!!!

I need your help.

Yes, but to be on the safe side just keep an eye. It usually takes 1 or 2 billing cycles for your new due date to switch. In your case it sounds like you're good until November 28. What you're going to find out is, when you get paid on the 20th and pay all 3 of your cards, you're going to be 5 weeks ahead of payment. For people that get paid weekly, they're usually 2 months ahead.

This Is Why Never Max Out Your Credit Card And Always Pay In Full Whenever Possible

Quick question, so Im working on my November bills and Im looking at one of my credit cards that I changed the due date to the end of the month now I already made a payment on Sept 23th. and it shows minimum due $0 and statement closing date Nov 4th does that mean Im good until the end of November to make another payment? 🤔

I had a 7k limit on my Cap One Quicksilver. Because I have bad credit and both of my credit cards were at the limit. I paid 5k at once with my tax return. They freakin’ lowered my limit to 2k after that. For some reason, making a big chunk alerted the credit card company. I’m afraid to make a big payment like that to my Discover It card because I don’t want the same thing to happen to that limit. until my credit score increases and, for me, that’s by paying that “$800” in smaller increments over the course of the month.

We are using several cards as well. 8 of our accounts are at $0 now! And it's only been a year! All of those accounts were at their max for years too. Velocity banking WORKS!

Ok so your spreading the payments across all cards so all the cards can be lowered around the same time.

How does one make one for student loans?

Thank you for this wonderful video! Perfect timing as I'm trying to plan for my paycheck Friday and October. Thank you for your awesome videos!

Hope you’ll get rid of them once they are paid, good luck on your journey

Jesus Christ all that just to pay off a credit carf

You said the wrong number at the end

Credit score doesn't matter for you. It tells the banks how gullible you are and are willing to give them over half of wealth that you labor for.

Can I get your email please?

I thought we didn’t stack up cash for saving when using velocity banking and instead we’re using a cc as an emergency fund, putting that $200 in savings toward debt. Unless I got that wrong along the way. Because that’s the part that makes me nervous is not having a savings

Thank you so much for showing the whole picture?

I NEED to understand this so badly! Can you do mine and if so, how much do you charge? bc getting this debt paid off means literally everything to me❤️

Can you set up your camera where it’s over your shoulder? I’m straining my neck trying to see your work.

How do you do velocity banking with minimal cash flow and multiple maxed out credit cards? Do you have to pay one card off first to make room to add monthly expenses

Funnily enough i track everything but still end up broke not even three days after i get paid

Thank you so much for this! When i try to do this i get so frustrated with myself.

You're doing the lords work by doing this school taught nothing about $

holy shit credit cards are evil 😭

I get confused where they say that we get another $125 of cash flow by eliminating the minimum payments that are due each month. (For instance on this video) if we throw extra cash at the credit cards then that automatically eliminates the $125 of minimum payments that are due for all credit cards. 🤔🫨🫤

WOOOAH NO WAY! IF I PAY IT DOWN MY CREDIT SCORE INCREASES? WOOOOOAHHHH!

Is the Estimated Amount to Pay in the Utilization Chart on top of the Minimum payment?

I'm using the snowball method with just the credit cards. I'm using multiple credit cards as well. Velocity banking makes finances fun!

That's what I'm doing as well! We're paying off two cards this check too! I love velocity banking!

And this is my problem. Because for one of my cards payment due on the 2nd and closing date on the 6th but I make a payment on the 20th when I get paid. But then I start using it again bfore the closing date. And then It reports back with high utilization by the time it closes from me spending from the 21st through the 5th. 😢

How do you handle bills that can go on a card but charge a fee if you do?

Where can we find that chart where you write down all your debt? And it shows you how much you would have to pay. Thanks in advance

Hi, where do you get the chart?

Just don’t use credit cards

Great! now we just need to come up with the $1,037!

Great advice for anyone carrying high credit card balances; however, I'm wondering about the opposite scenario. My credit score actually went DOWN, and I think it's because I was overpaying my credit cards. We took a trip a couple months back, and I knew a credit card payment would be due during my time out of the country, so I prepaid all charges, and on the closing date, I either had a zero balance or a credit balance (I forget which). At any rate, for a couple months, no debt was reported since I didn't have any, and now my credit score is lower. I'm wondering if there's any correlation between the two.

DO NOT BORROW / TAKE the money IF you cannot repay it - simple.

Use the bill portion of your credit card statement as a security to pay it off in one lump sum.

🤣🤣🤣 just don’t use a credit card. If I happen to need a credit card for some payment it’s paid off automatically each month. Never have to worry about interest. If I don’t have the money I don’t buy it. The whole credit score system is a scam to keep people in debt and keep collecting interest.

So complicated. You're scaring people away. Every month just pay 1/6. The payment will be different but who cares.

How this channel doesn't have 100K plus subscribers, I don't know! This is FANTASTIC information that everyone needs to know. Your presentation is flawless!😊

Her handwriting is just 😮😮😮

I need this. Thank you

What if like I pay it off every month but like the amount I spend fluctuates? And is there like a specific day before the monthly due date to make a payment on the card?

the first thing you do when you get a credit card is pay it off within a week of using it. never let it accumulate.

Literally monthly payments more than my mortgage, how do people get approved or run these cards up?

Great video!

So if you're trying to pay off multiple cards do we focus on one card and use that one card for this method?

Ugh! You make it look so easy. I write it down and still can't make it work!!!