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Your insights are really helpful!

So excited for you guys!

What a whirlwind this summer has been! I'm excited about partnering with my audience on future real estate deals! Here's the link to invest with us and see what we are working on up close: forms.gle/Nq5RodhEdGaU4Jie7

I am really torn between the two. Initially I was planning on doing the debt snowball. However, one thing that concerns me is that once I send my money into my mortgage, I have no ability to ever access that cash again. It's a little scary since I would be putting thousands of extra dollars in monthly.

This is the most risky method I’ve seen. I hope that no one using this method loses their job along the way. Deferring your bills to save a couple bucks does not seem worth the risk. Slow and steady is how you pay off debt. Curious to see how this would work if you don’t carry a balance. Then maybe you use this every other month.

I get paid biweekly, and I have different bills that are due every payday, so…this won’t work for all my bills

Not a goldfish -- lol -- I believe this video was a confirmation from God on if I should do your program or not -- I enjoyed hearing your Christian views, thanks for the encouragement.

So the $2,400 she transferred to her credit card includes her min payment of $160?

I just don’t understand why you’re comparing the debt snowball to velocity banking. It can all be done together. Velocity banking is just dumping your paycheck into which ever vehicle you’re using to decrease monthly interest. Whether you decide to do the debt snowball or start with the highest debt or the lowest debt or the highest interest rate versus the lowest interest interest rate. You would still use velocity banking either way.

Really helped me understand the route I need to go to work through my situation. Thank you so much!

Thank you for being honest and for educating us.

Didnt need a budget to have on before all the vet tech went to 100K schools, BIG pharma got involved and now you need YEARLY boosters!!! Dogs lived great back when it was 35 dollars to see the vet once in a while. Now can food it 3 to 5 bucks a can! GREED is why it cost so much. The moochers found a way to profit from you pet!!!

Thanks for this truthful and encouraging video. I’m a SAHM and this summer I began taking Bookkeeper Launch 😅 some days I feel determined and excited for what the future holds and a lot of other days I feel like I won’t be cut out for the job. I was wondering, what type of work did you do prior to 2017? ☺️thanks again

I appreciate all of the informative information. I'm going to have a conversation with my husband about purchasing this program. I'm also going to check out all of the links that you posted below. Have a blessed day. Thank you 😊 .

How about 11 credit cards with maxed out ?

So happy you made this video. I've completed Bookkeeper Launch and it started with you in my initial research. I'm so ready for this to get off the ground and Keepful will definitely help with that.

I don’t get it. If you pay 2400 a month and spend 2400 a month you are only saving interest

No goldfish here. 🎉

Love the video thank you I would definitely love your help if you could

sounds like you might have changed your mind?

I know this video is old, but how many months do the steps take? (We are concerned that we can’t implement steps during the day because in a month or so she will be in daycare again, 8 months old- teachers who are going back to school)

Lets assume all parties are of sound spending habbits lol, yes things happen but yea i kinda agree with haga. What if the person just didnt want to spend their cash assets and wanted to lower their monthly expenses, would you consider it then?

According to my mortgage companies' amortization schedule.... If I make a chunk payment of $5000 to my 2.99% interest rate mortgage ill save $7658.25 and 9 months of payments. The credit card I'll be using will charge me a 3% ($150) transfer fee and 0% interest for 12 months. I can easily pay the $5000 off before the card starts charging me interest on the $5000. I will easily recoup the transfer fee with the credit card sign up bonus and points, actually coming out ahead by a couple hundred dollars... I use the Snowball method in conjunction with Velocity banking...

When your in debt like this, your credit is bad, so how do you get approved for a credit card to even start this velocity method?

Thanks!

Your Genius! I just realized something MAJOR.

What are the best places to apply for velocity banking. No youtuber is mentioning that

Question: I owe $9000 on Discover and $2700 to PayPal. Should I just pay all of PayPal first, or apply the $2700 to my high interest Discover?

❤

I stumbled upon your videos by accident and I am not going to lie, your videos are the most honest ones out there with personal finance. I have been a Dave Ramsey fan for years but I also disagree with some of his teachings. I almost pulled the trigger on FCMT until I saw your videos about it and how I agree way more with you and your philosophy on finance. I hope to be able to save up and be apart of your team because it seems great. Keep doing what you are doing!! I know this is an old video but it was a good one.

I am paid weekly, does that make any difference at all in putting this into practice?

Damn this just made me really depressed!! I'll never have enough money for this!

I’m about to give up. The interest is to high😭

Do you have an affiliate discount for book keeping launch?

THANK YOUUUU! 🙌🏻✨🤗 👍🏻

Will I be qualified and able to land a regular bookkeeping job after finishing the course ?

Grace does notvwipe out consequences of our actions. Repentance is necessary to build back stronger. If he is a Christian he will do that with Gods help but he signed the contract and she did too. That is business in order to protect your niche, audience and brand. They knew this. Was Dave supposed to not move on the contract? Was he supposed to let all the gossip hurt his business while he had a contract, for a reason. I don't have to agree with the contract or decision to know it is binding and it is business. I am glad they tried to save the marriage but wish they had done something to soften her transition from employment and helped her too, but that does not require her staying employed. He isn't an enemy for making that choice. Itvis crazy to question his Christianity for trying to hold a standard for his brand.

I think my problem is that I have never been materialistic and don't let money rule me to the point I just have to have what I cannot afford. There is no way you can't live without credit. It was done before and I still do it today. I have the peace of mind. You are not born with credit. You have to get it and grow it to begin, so why are people so dumb to believe that they never really existed before credit? Because you have been told enough times to believe it! This only proves the points that he makes and I am very surprised to actually see it. But he says "live like no one else" for a reason. I just didn't know how relevant that statement is. Also, who would put their name on products and services after building an empire without getting paid for it and making sure those companies are in line with what he teaches? None of you would if you are smart. He didn't get there because he was dumb. It is never okay to get paid for it until it is you getting paid for it. Funny how jealousy shows it's face to knock a man down for his business deals when you didn't have the opportunity to make them. Crabs in a barrel who charge more for less to catch up with him is what I see.

The points raised do not make Dave wrong. It is a matter of discipline, and opinion. His program is about having no debt or using credit, so why all the comments about credit scores when you don't need them on his plan? The emergency fund examples speak to car problems or little emergencies that people have no savings for at all. So, what difference does it make if it is little if you never had the funds save anyway. It is a small start for a reason to dive into cutting debt without a little excuse to get something on credit. The people who don't like it are people who don't want change, which is why they are in debt to begin. Others monetize off of the fact that they won't get serious enough but will pay thousands to pay another coach to not push them as hard. Which is why they are in debt. Not everyone can do that and his program, literally everyone can do, and access for free. I know this because I used his books from the library and his website. He has no problem being consistent with his ideas free on his programs and radio broadcasts. I am only in debt because I kept being told I needed credit. I paid off debt before but struggled with other advice until deciding to follow Dave. It is my preference to not use credit and I shouldn't be shamed or called dump for that either. He is the only one to tell me I am right and how. I prefer that!

Great information . But yhe biard5 anf figures ate to small bigger white board be per5 . Thanks Paul

HELOCs are not the problem. Most people have poor money management and live beyond their means with barely any money left over at the end of the month. For those who do know how to manage their money HELOC is just another tool and if utilize properly can have huge benefits

This video was extremely helpful! Thank you!

I visited your CZcams channel and saw that your content is so good. But there are many workspaces, so you need to update your video optimization. Like SEO-friendly video title selection, writing an attractive SEO-related description, and researching high-rank targeted keywords according to your niche to rank your video.

You explain everything so simply. Thank you. ❤

People make this sound great but I actually tried it and my card is more maxed out than it was. Car trouble comes along other unexplained or emergency expenses come about and you have no cash it has to come out of the credit card. When you live paycheck to paycheck at least from my personal experience I don't recommend this unless you definitely have a good savings account that can cover your unexpected expenses so that you don't end up putting more on your credit card then you end up paying off

This is very similar to my scenario where I have been trying to make VB work for me, but when I ran the numbers, it just didn't work. I've already increased my income, but the increase in rents (my family's and my mother's apartment), food, and gas mostly, insurance premiums...etc. Everything is in a budget and accounted for. Housing for us is over 50% because we pay for my mom's apartment. Long story, but she has health issues and cannot work at 72 and never worked, or had any income. Here's what I observed about the VB channels and crowd. 1) They're quick to want to get a HELOC, which is a red flag to me. 2) A PLOC is doable, but when banks are closing CCs and reducing limits AND you don't have the extra savings to cover things like future month's bills, that's scary. I'm not putting anyone in that position to save a few $$ of interest. 3) They're not doing the math and seeing if VB is really a better choice, nor have I seen anyone who has a testimonial that it worked for them. In fact, the opposite, there was a popular VB channel that I followed, but she hadn't been heard from in 6 months. After around 8 months of watching videos on VB, I'm still not comfortable with parking my money in a PLOC or a CC without having a robust emergency fund. I'm a Christian and in the Bible, there is 5x more said about saving then there ever is about how bad debt is. I've been in debt before, and I'm in it now. I'd rather apportion more to Savings and my emergency fund and weather the storms, then take the time to make VB work for me, It's a lot of Admin. lol

Hi Jess, Love your videos. Each video is full of wisdom. If you have some time later this week we can discuss a possible collaboration. What do you say? Cheers, Sahil

Hi Jess, You are providing immense knowledge here on youtube. Thank you so much. If you are free sometime later week can we discuss a potential colaboration/partnership. Congrats on 100th video, Stay shining, Sahil

Damn and hwre i thought i found a new weapon with velocity banking, what is dwbt snow ball?

Hey Jess! Can you give me a good tax advisor recommendation? I’m looking to become a financial coach and have found your videos, extremely helpful! Everyone says to form an LLC before you do anything, and I’m ready to, but I wanna make sure I’m setting it up correctly and forecasting my tax deduction Savings. Who do you use?