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Velocity Banking: Ultimate Debt Reduction Strategy-Diana Mars

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Ebook About
Velocity Banking is a debt reduction strategy used to rapidly payoff high interest debt without having to increase your current income and without making drastic changes in your lifestyle. The strategy works well for those who either have a hard time saving money or those who have little savings to begin with. Velocity Banking will help you to understand why our current system of banking is inefficient, outdated, and set up by big banks to keep the little guy living paycheck-to-paycheck. Just look around you, everyone seems to be stuck in the same “trading time for money” mindset while treading in an endless sea of debt. The system is stacked against us. Forget everything you think you know about banking and personal finances. With just a few changes in your banking habits, you can be on your way to living a debt free life.

Book Velocity Banking: Ultimate Debt Reduction Strategy Review :



Watching Denzel Rodriguez on Youtube led me here.I went to college and majored in Economics and let me say NONE of this was ever taught. I look back at the past 20 years and look at how I spent my money, what I spent it on.. I see my friends purchasing homes and going on vacations overseas.. About 3 years ago I was introduced to Travel Hacking - this is the process of using the CC rewards points and Skymiles points to fund your vacation travel. In doing this I was able to join FB groups and read the struggles people had with credit.Being that I've always worked in the credit field I just felt that there was more to learn that I wasn't utilizing. How were people paying off entire mortgages in 7-10 years when I don't even own a home. How were people able to live and travel when we make the same. You never know what people do with their finances but I'm sure a small number of them utilized Velocity Banking. I am almost ticked off that I learned about it so late. Now, I'm making it a priority to hip my immediate family on how to escape the rat race and fund your own dreams and not be a slave to the banks.Velocity Banking is a play off of Infinite Banking, Infinite Banking was created by R Nelson Nash if I'm correct. But it involves using your Whole Life Insurance as a debt weapon and wealth vehicle to borrow from, NOT the banks. Velocity Banking kicks it up to the next notch in which you use Lines of Credit or even Credit Cards to do the same.It seems unbelievable but once you study it you can see how it works and you will almost be ashamed that you didn't figure this out earlier.This book was clear and concise and answered the age long question I had.. How do you determine how much to chunk? I never knew that. It's a super quick introduction to the process and gives a brief overview of Diana Mars history and strategy. It doesn't go too in depth, but it certainly will lead you on the right path to learn about this powerful debt reduction strategy.
Ms. Mars has written concise guide on the basics of velocity banking. The first half is a step by step explanation of velocity banking, aka paycheck parking. Banks are getting rich off us accepting the system that benefits them the most. This is a great wash to take back control off your finances and attack your debt. The 2nd half gets a little loose and is mostly the author’s thoughts on saving, journaling, and budgeting. She also keeps promoting her website which is no longer active. Overall it was a great read and gave me a quick and better understanding of a new concept.

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