I will never ever take out a closed end loan as long as I have an open line of credit.
@lashunhughley12585 күн бұрын
WOW.... You're a Blessing!!!! I absolutely loved the way you taught this. I'm excited to learn more and even more excited that I came across your page!
@brianpino7274Ай бұрын
Savings isn’t just a stockpile of cash devaluing it’s mainly for emergencies. Something comes up u use savings. Unexpected non monthly bills come up u can use savings ex. Oil change, kids extra curricular, shoes etc. velocity banking seems like a perfect world system
@Nana-vx6mtАй бұрын
Absolutely with disapline and timing it works wonders!!
@mrsmels782 ай бұрын
We know as a transfer. They know it as a payment
@Sassycatsoapery2 ай бұрын
Hi, found your channel a couple of weeks ago.... so happy I did! Thank you!
@jayfree17992 ай бұрын
So you can potentially use the LOC for all your expenses for how long? For example you have a LOC of 10k your expenses are 3500 and your take home is 4200, your CF is 700 could you just continue to use it month over month? Of course this is one r your debt is paid off Thanks for the video
@iamOAKland2 ай бұрын
yes sir
@Nana-vx6mtАй бұрын
@iamOAKland For, sure. Just like the bank does when they lend you other people's money over and over again.
@liveglobal5879Ай бұрын
Does my home need to be paid off first before applying for a HELOC?
@cynthiamerrymanАй бұрын
How do u pay a mortgage w a heloc?
@jimjam5570Ай бұрын
...where you get 12k lock though?
@nfaoussoukouyate19632 ай бұрын
I'm glad no more loan I promise everyone for that this game is over
@The_real_Toddington2 ай бұрын
What is 1 x 1 ?
@TheotisCАй бұрын
2
@The_real_ToddingtonАй бұрын
@@TheotisC that's not what Terrence howard says
@PerryJ2162 ай бұрын
What about when your income is $5k and your expenses are $5k?
@iamOAKland2 ай бұрын
No cash flow!!!!
@PerryJ2162 ай бұрын
I understand that but everything won’t always be that simple. Especially, if minimum payments aren’t that high.