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@creatrixinc 17 сағат бұрын
Did you do a follow up video?
@gabesandoval413 18 сағат бұрын
I just bought the MMA and I went into it knowing that I was going to do all the transactions myself. Simply plug in numbers and execute. Still learning the software. Best way to think about it: The software is NOT a self driving Tesla! It won’t automatically do transactions for you. You still have to drive the car and follow directions. We plug in the numbers and the software will recalculate! That’s it! You must execute each step yourself. Hopefully this helps. They also have tech support. Maybe I can comment as I become more familiar with it or run into any surprises.
@DenzelNapoleonRodriguez 15 сағат бұрын
@@gabesandoval413 yeah I think that is great unfortunately there is a lot of people being sold the product with other benefits that it just simply does not do in your example it is not a self driving vehicle. As it pertains to velocity banking you also need to understand the concept before trying it in the software or else you won’t know what is wrong and right in your strategy.
@Joce123 Күн бұрын
Now I finally understand velocity banking!!. There is no way that I can get a personal line of credit in an interest rate that is equal to or less than the interest. I pay and either my car note or my mortgage
@DenzelNapoleonRodriguez 22 сағат бұрын
@@Joce123 if you have a mortgage we can look at a HELOC instead in combination with a credit card. A PLOC is probably to high for your current debts
@Joce123 Күн бұрын
You are an amazing demonstration of integrity.
@ambirmin Күн бұрын
I think you adding in the $2000 monthly expenses on the CC into this equation is just making it a little more confusing to explain?
@fig2769 Күн бұрын
It’s not that hard 75 percent of the stuff most people buy is crap anyways. Starbucks , fast food, going out. Dailey, weekly.
@user-vg9wz6sy1j Күн бұрын
PM me brother, I want to hire you as coach !
@devellwilson7099 2 күн бұрын
Where can i purchase money max software ?
@DenzelNapoleonRodriguez Күн бұрын
@@devellwilson7099 email me directly happy to point you in the right direction. It is a process and you can’t just buy it you have to go through an evaluation of your numbers and then you will receive a quote based on your situation
@user-kf3xu1xx7v 2 күн бұрын
We've been bill matching while VBing this year to sure we can "pause" a couple of credit cards while throwing every other penny at the card we are focused on paying off. Does that make sense? Or is there a better way? We don't have a HELOC just yet. So it's what I found to work best to "increase" cash flow for now.
@andyvaldez26 2 күн бұрын
With a 15k LOC tool up to what amount should I use into that LOC tool?
@DenzelNapoleonRodriguez 2 күн бұрын
@@andyvaldez26 my typical leverage rule is 66% so 9,900
@RJ-gi2hf 3 күн бұрын
Can whole life or IUL cash value be used for reserves?
@DenzelNapoleonRodriguez 3 күн бұрын
@@RJ-gi2hf as reserves yes
@jeanniebmoore4933 3 күн бұрын
I love pinpoint accuracy!
@ericbennett-wu4zx 4 күн бұрын
Yeah dude… round up! Not down. Simple, not waste
@ericbennett-wu4zx 4 күн бұрын
Love the thought of taking time. However my credit cards are costing me nearly 2k a month in INTEREST! Now! I need to get a ploc and start! My credit score is too low to get a HELOC at the moment. I’m at 630-650 I need to pay off some debt to get better score NOW! I was over 720 for years before this mess
@DenzelNapoleonRodriguez 4 күн бұрын
@@ericbennett-wu4zx this is a guide for the velocity banking strategy at the end of the day you are the decision maker of your finances if you want to rush by all means that is your decision and I wish you the best. This video is simply a warning to take the proper steps
@cynthiacampbell1283 6 күн бұрын
Your audio sounds bad.
@kimberlyladzekpo7016 6 күн бұрын
This 70/30 rule is something I will be introducing to my 15 year old daughter. I pray to God that I can be a good steward to her by being responsible example with my finances 🙏🏾
@Rscryptopromoters 6 күн бұрын
@DenzelNapoleonRodriguezAdmin do scammed with other people's
@kimberlyladzekpo7016 7 күн бұрын
I’m ready to tap into my spiritual gifts. Denzel is really making me challenge the things I was taught and question the way I hear and see what God wants me to do.
@kimberlyladzekpo7016 7 күн бұрын
I have grown up in a family who have always played it small and I know in my spirit that is not the plans that God has for my life. I want to learn all I can about financial literacy to give my family and friends new perspectives on money.
@markomonstar4526 7 күн бұрын
“Give Caesar what is Caesar’s and to God what is God’s”
@addiedrayton4547 7 күн бұрын
My husband and I are quickly paying our debts down through the money max account. This is exactly what we need to go to the next level. Thank you both!
@DenzelNapoleonRodriguez 7 күн бұрын
@@addiedrayton4547 that is awesome great job
@DanielRondberg 5 күн бұрын
Thank you! Congratulations!
@alicechodkowski4066 8 күн бұрын
I love the detailed plan. Teamwork makes the dream work.Thanks, Denzel!
@msgshep2783 9 күн бұрын
This is a perfect product for transitioning to the new economic systems. I can definitely see having one for several RE LLC's and each grandchild's college trust. If that is not an accurate perception, please clarify. Thank you
@harrisongeorge1526 5 күн бұрын
Hi! this property is not able to be put into an LLC - but I love where your head is at - and with some creative solutioning you could still accomplish similar outcomes. There is a limit on how many AIO's a person can get as well
@mcr7379 9 күн бұрын
powerful!❤
@Joce123 9 күн бұрын
I am so pleased to find your channel . The way you present is perfectly modulated.
@nicodemus9105 9 күн бұрын
If you had 2 personal lines of credit both let’s say 10k each 1 loan from 2 different places. you could go back and forth with out paying any interest by adding the cash flow only and using the other loan to pay in full then move it back when the other on is due, it’s just having that money in there before that monthly interest hits. Boom 💥 🤯 And now the interest payments go towards principal.
@DenzelNapoleonRodriguez 9 күн бұрын
@@nicodemus9105 love the way your mind is thinking that is great but unfortunately you have an error. The moment you pull money out of the line of credit you are getting charged interest daily. It’s not like a credit when you swipe you have till the due date to pay it off in full before interest gets charged.Not the same with a PLOC
@nicodemus9105 9 күн бұрын
@@DenzelNapoleonRodriguez well my comment gave me more knowledge than I had. Thank you for the correction. Great information by the way. 👍🏼
@nicodemus9105 9 күн бұрын
@@DenzelNapoleonRodriguez one more question, so if I get paid 2 times a month can I make the interest payment on each check? Or how would I make that work cause I get paid at separate times and the interest would be a lot leaser by putting 4000 in at once but I only can do 2000 because bills are obviously do before I get my next check?. Do you grasp what I’m trying to say
@loredanaaday751 9 күн бұрын
This is a great product but it’s for the wealthy, to many fees, down payment, pmi to many to list, I wish they could make a product like this but for us common folks
@DenzelNapoleonRodriguez 9 күн бұрын
@@loredanaaday751 everything is in stages. Watch my other material that applies to you. I have videos on Credit cards Personal lines of credit 2nd position home equity lines of credit if you have a home. If you do not have a home then this product is just not a fit and that’s ok there are other options. Don’t call yourself common that is a limiting belief that will keep you poor. Think bigger and when you look at what it is to be an American period you are incredibly wealthy compared to the rest of the world
@harrisongeorge1526 9 күн бұрын
This product is just as Denzel has indicated below - baby steps. There are so many people that buy a house through traditional means, take advantage of equity growth and mortgage paydown, and then refinance into this product - we can certainly help provide an in-depth review of how to best accomplish this if you want!
@mollions 10 күн бұрын
Thanks. I am a very very brand new to this strategy.
@thisisatrium 10 күн бұрын
FYI: The monthly one-year CMT value is a popular mortgage index to which many adjustable-rate mortgages (ARMs) are tied. This index is tied to Treasury Bonds. When the average yields of Treasury securities are adjusted to the equivalent of a one-year security, the term structure of interest rates results in an index known as the one-year constant maturity Treasury. The U.S. Treasury publishes the one-year CMT value daily, along with the respective weekly, monthly, and annual one-year CMT values. Constant maturity yields are used as a reference for pricing debt security issued by entities such as corporations and institutions. Basically, your mortgage, if fixed, will become an ARM once you refinance. I personally like my mortgage rates fixed and just use a HELOC for velocity banking. IMHO Also, there are no points to pay with a HELOC any minimal fees if any at all. You're welcome. 😉
@DenzelNapoleonRodriguez 10 күн бұрын
@@thisisatrium all good points you are in a position where you already have a mortgage and a second lien HELOC. I have a ton of clients in this position. This is just another option for velocity banking. For me I have my first lien HELOC because that is what I used to buy my house and it was cheaper than acquiring a first lien mortgage. Also when I ran the math I save way more money short term and long term as well I have a much bigger credit line for future investing that I wouldn’t get with a second lien HELOC.
@getmymail2676 9 күн бұрын
@@DenzelNapoleonRodriguezappreciate you! Can you tell me if you went with FSB for your First Lien HELOC? Thank you for all you do
@heavenbound7 10 күн бұрын
1 Corinthians 15:1-4 KJV Bible [1] Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand; [2] By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain. [3] For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; [4] And that he was buried, and that he rose again the third day according to the scriptures: Ephesians 2:8-9 KJV Bible [8] For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: [9] Not of works, lest any man should boast. John 3:16 KJV Bible For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. Romans 10:9-13 KJV Bible [9] That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. [10] For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation. [11] For the scripture saith, Whosoever believeth on him shall not be ashamed. [12] For there is no difference between the Jew and the Greek: for the same Lord over all is rich unto all that call upon him. [13] For whosoever shall call upon the name of the Lord shall be saved. John 14:6 KJV Bible Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
@fredstewart7270 10 күн бұрын
Great message and strategies
@Joce123 10 күн бұрын
I love your calm presentation... People who use too much emotion in their presentation distract from the information..
@Joce123 10 күн бұрын
When I make a payment on my credit card? Only part of that goes to the principle so I really would not have a $150.
@michealknight1304 11 күн бұрын
Is it possible to use an All in one Loan to purchase a condo?
@harrisongeorge1526 10 күн бұрын
Hi! Yes this is totally possible!
@michealknight1304 10 күн бұрын
@@harrisongeorge1526 Finally the answer l was looking for! I listened to Chris naugle, christy vann and Denzel, but no one mentioned condos. I was left thinking that it wasn't an option.
@michealknight1304 10 күн бұрын
I live in NYC and thinking about buying a condo with an all in one sounds more doable than a SFR. Especially starting out.
@doyouseeit6491 9 күн бұрын
@@harrisongeorge1526 What is your contact email to evaluate the product with your team? Thx
@harrisongeorge1526 9 күн бұрын
@@michealknight1304 hi! That is certainly possible - if you have any questions please let us know! Hope you have had an awesome week so far.
@PhelisaSibanda 11 күн бұрын
How do you calculate debit interest
@MissMcD 8 күн бұрын
What is debit interest. No such thing that I'm aware of. If you meant DAILY interest then that's what's being showed here 1:54 then divide the number by days in the month
@timharlow 12 күн бұрын
John 11, Lazarus was dead for four days.
@timharlow 12 күн бұрын
Denzel, so happy for your success, God is so good. Even more happy that you are giving all the glory to God
@mikeh.6117 13 күн бұрын
You work for the banks?
@DenzelNapoleonRodriguez 13 күн бұрын
@@mikeh.6117 I do not have a job at a bank
@juandeleon1665 13 күн бұрын
It’s not a gimmick
@Moving2Win 13 күн бұрын
Wealth is being able to meet your needs, combined with finding contentment with wants. This leads to not needing anything, which brings peace of mind.
@RJ-gi2hf 14 күн бұрын
An annuity can be bought with a Roth IRA, and then the guaranteed income is tax free, as long as you're at least 59.5
@DenzelNapoleonRodriguez 14 күн бұрын
@@RJ-gi2hf only the gains in the annuity afterwards is tax free but the principal going into the annuity is tax free
@DenzelNapoleonRodriguez 14 күн бұрын
@@RJ-gi2hf unless I’m wrong then I need to look into that some more
@RJ-gi2hf 13 күн бұрын
The taxation of the annuity depends on whether qualified funds were used or not. When a traditional IRA/401K (pre tax) funds an annuity, all the income is taxable at ordinary income rates. When a Roth IRA/401K is used to fund the annuity, all the income is income tax free if started at age 59.5. If non-qualified money is used to fund an annuity, a portion of the income is tax free as return of capital & part of the income is taxable- an exclusion ratio is used. There are also some annuities that can be funded with pretax IRA/401K money & converted over time into Roth money within the annuity- then the income can be tax free.
@DenzelNapoleonRodriguez 13 күн бұрын
@@RJ-gi2hf ok what about the growth in the annuity let’s say you used tax free money to initially fund an annuity. The growth from the annuity is that small part taxable?
@RJ-gi2hf 13 күн бұрын
If Roth money is used to fund the annuity, then growth is not taxable.
@n1k0flow 14 күн бұрын
Wow, 5 years later.. Question tho, why pay normal expenses with LOC? Aren't you just creating unnecessary interest payments? I understand using low interest LOC to pay high interest debts. But I don't get the math in using LOC to pay non-debt expenses like phone bills or food. Isn't it better to just use a credit card instead of LOC for those? Maybe I'm missing something.. Is it because.. You took a big chunk out of LOC towards paying the big Debt and that in turn makes you pay interest on that big chunk LOC -- and in order to lower that LOC interest payments, you have to put all your Cash Income back in the LOC which will lower its interest...? ... But then you're paying unnecessary interest payments on non-debt expenses like gas and food? 11:37 What am I missing? I want to understand and make sense of it all..
@DenzelNapoleonRodriguez 14 күн бұрын
@@n1k0flow great question and I will answer yes to what you asked but explain more. The ideal scenario is using a LOC and a credit card to pay bills and expenses after you made a chunk to remove a debt. Step 1 was consolidate a high interest debt to the line of credit aka a chunk was made Step 2 dump all your income into the LOC first because that will reduce your daily interest on the LOC. remember this is not new interest this is interest you were already paying on the original loan or debt you had no I’m just paying much less interest. Step 3 before you pull money out of the line of credit use your credit card to pay as many bills as possible to continue reducing interest on the LOC and earning points or cash back on the card. Which reduces your interest costs even further. Step 4 once the credit card is due you pull money from line of credit to pay the credit card in full. What happens in this process is you replaced the function of your checking account with the PLOC. You are simply parking your income into the PLOC to avoid interest being charged daily and that saves money even tho you are using the line of credit to cover expenses but the credit card helped as well giving you faster more efficient results Let me know if this is clear
@n1k0flow 14 күн бұрын
@@DenzelNapoleonRodriguezBoom, i got it! The one that really turned on my light bulb was "this is not new interest, this is interest that you were already paying" also I like the "pay bills with credit card then when due, pay credit card with LOC". That was a great explanation. Thank you Denzel
@KraftyMix 15 күн бұрын
What about if that balance transfer card gets charged the regular annual membership fee? Will that affect the promotional rate? Or will I now be charged for the remaining balance plus the new interest because of the annual membership fee charge?? Please educate me before I dive into this. Thanks!
@ClassicRoyal 15 күн бұрын
I have 12k Visa and that’s my pretend HELOC. Income in-expenses out. Guys have 680 to get aHELOC. Better to use the Visa, because lenders try to get you to take out a loan. Like Christy Vann says - NO to loans. They don’t even “understand “ the difference in savings between amortization interest vs. Simple interest! It’s about making YOUR $ work for YOU! Well done young man for a fine explanation of using a credit card to do this! Banks don’t want us to do this!
@DenzelNapoleonRodriguez 15 күн бұрын
Book a Call here to discuss the All in One Loan product for your home - sf3.tomnx.com/landingpage/?domain=sf3.tomnx.com&slug=harrisonaiocenter&userId=kjokuz
@DenzelNapoleonRodriguez 15 күн бұрын
See if you qualify here for the All in One Loan product - sf3.tomnx.com/landingpage/?domain=sf3.tomnx.com&slug=harrisonaiocenter&userId=kjokuz
@DenzelNapoleonRodriguez 15 күн бұрын
Learn more about the All in One Loan product here - sf3.tomnx.com/landingpage/?domain=sf3.tomnx.com&slug=harrisonaiocenter&userId=kjokuz
@DenzelNapoleonRodriguez 15 күн бұрын
Learn more about the All in one Loan product here - sf3.tomnx.com/landingpage/?domain=sf3.tomnx.com&slug=harrisonaiocenter&userId=kjokuz
@devellwilson7099 15 күн бұрын
FACTS!!!!
@Shirleyk. 17 күн бұрын
Love it !