🚀 Velocity Banking Case Study #4: Illuminating Powerful Financial Strategies 🚀
6 هزار بار بازدید -
10 ماه پیش
-
Welcome back, everyone! In this
Welcome back, everyone! In this Velocity Banking case study, we're delving into the financial journey of a single mom navigating a monthly income. With careful planning and strategic credit card utilization, her story holds valuable lessons for us all.
📊 Breaking Down the Numbers:
- Income: $5,000+
- Expenses: $4,200
- Cash Flow: $800
📝 Downloadable Velocity Banking Worksheets & Step-by-Step Notes:
Find the completed worksheets and detailed notes here payhip.com/AskMeHowIBudget
💳 Leveraging Existing Credit Cards:
We've identified opportunities with her general-purpose credit cards, each offering rewards. Learn how to reduce debt while earning valuable points.
🎯 Mastering Credit Utilization:
Discover the importance of keeping credit utilization low for optimal credit scores. We'll discuss the sweet spot and how to avoid high-risk territory.
⚡ The Strategy:
Aligning bill payments with specific credit cards streamlines the process, freeing up funds for the primary card. This accelerates debt payoff and boosts financial progress.
🗓️ Timing Is Key:
Learn why paying attention to a credit card's billing cycle closing date is a strategic move that can drastically reduce utilization.
🔄 Maintaining Low Balances:
Discover how to sustain lower balances throughout the billing cycle, minimizing interest charges. It's a game-changer for debt reduction!
📌 Important Note:
I'm not a professional financial advisor, but I've personally seen remarkable results using these strategies.
🛒 Get Your Case Study:
Pick up a case study and join us on this journey towards financial empowerment. Your support keeps the content flowing! payhip.com/AskMeHowIBudget
🔗 Find the Case Study here
payhip.com/AskMeHowIBudget
Thanks for joining me. We CAN make empowered financial decisions for our future! 💪💰
NOTE: I am not a financial advisor and I do not provide professional financial advice; the information presented on this channel is presented for information and educational purposes only. Following any words, actions, or advice in this video or on this channel AS professional financial advice is not intended and is the responsibility of the viewer, not the video creator. The knowledge presented herein was gained from my personal journey getting out of credit card debt. This channel was created to share my experience with others.
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10 ماه پیش
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