PROOF - The Snowball Has Melted! Debt Gone! Feat. Craig Yenni

Hello and welcome back to my channel. I am Christy Van with Fantastic Finances. And on this channel I teach velocity banking, but you have heard me talk about the new software that's available and we have that team with us today. Craig Yenni and Marius. Um guys, welcome. Thank you so much for coming today. >> Oh, thanks for having us Christie. Happy to be here and I can't wait to share the debt blaster with the community today. >> Yes. So this is the debt blaster. I was keeping it for a little surprise. >> [laughter] >> But the idea was is to get you all a tool that you could use when you have that line of credit or the infinite banking concept as your tool in your bag for debt elimination. Craig, you have developed quite a system here that I have gotten nothing but good reports back from because they are able to use this to actually show them what to do with that line of credit. So Craig, I'm going to let you and Marius take it over because you're the pros and I'm going to sit back and learn something myself. >> Okay. Well, sounds great. And uh Marius and I are happy to be here today to just share some of the experiences we've had with folks as we've been going through this journey on the Dev Blaster. And you know, Marius does a lot of conversations with folks just getting their information into the vault, helping to understand, you know, what is your current situation and and Marius, I mean, what are the what are the four main types of of folks that we're we're typically working with? If you want to just kind of talk about those and and we can kind of jump into the the software. >> Yeah, absolutely. So, we call them kind of the four family stages of where you are currently financially, just with your current debts. And so the first family stage is what we are we're looking at is you don't have the cash flow just yet to do either velocity banking or infinite banking just yet. So that's where we got to figure out, you know, what are some strategies we got to do to either cut down expenses, increase income, what are some assets that you might have to help with that process. Family stage two is really going to be where you have a little bit of cash flow, but now you don't have enough yet just to do infinite banking, but you're using that line of credit to build up that process to build up more cash flow. Then that family stage two really leads into the family stage three of the debt blaster trifecta where you're implementing a sequencing order of whether you're paying off your debts in either the snowball, the avalanche method, or the cash flow index method. you're doing velocity banking and you're bolting on infinite banking as well. And so that's where we'll run through that. The the family stage four is really where you are doing those strategies as well, but you're taking too big of a much of a big of a chunk from your line of credit, putting that through a policy, but after a year, your whole system collapses because you don't have the cash flow for it just yet. So that's what we'll run through the math today in the vault and go through some really cool scenarios. >> Yeah. Well, thanks for introducing those. So, as we go through this, see if you can identify for yourself. Do you feel like you're in family position one? And and look at the strategies we're talking about to to help you get into a better place. Are you in family two? Are you in family three? Um, the Debt Blaster Trifecta is that family three. And that's really where we want to get people to because at the end of the day, we'll get you out of debt, build wealth, and then once those debts are gone, we have a next step, which is how do we put that money to work? How do we buy our next car? You know, those are the different strategies we'll have. So, should we just jump into it? Should we just get into the software and start showing showing how this works? >> All right, let's do it. >> All right, I'm gonna share out my screen here. >> And Marius, can you just validate you see my screen? All right, >> I sure can. >> Yep. And so, these are the the four families. And as I mentioned, just as we're going through this, see if you identify with one of these. And um if so, you know, if we do get to the point where we can meet and have a conversation, you know, Christie does a lot of talk with with folks on kind of looking at your situation and then we team up with Christie to kind of look at how do we get your information the software and implement this. So, I'll jump into the the software. And here we are in the vault. And we'll go ahead and put some information in later on how you can get access to this, but think of the vault as your operating system for velocity banking, for infinite banking. And we can use those strategies to get out of debt. We can use those strategies to buy major purchases. We can use these strategies for opportunity funds to help build more wealth. But as you navigate around in the vault, there's a couple things I want to mention before we jump into the the deaths. Wouldn't it be cool if you could reach out to Christie any time of day and just ask her a question about velocity banking? Or if you know Chris Nogle, who's one of the the experts in infinite banking out there, imagine just going into Chris AI or even into Christy AI and being able to ask a question and you're going to get an answer from Christie. you're going to get an answer from Chris the same way they teach because all of this has been trained on their content. So, as Christy puts out new content, she's constantly showing new ways of and strategies and YouTube and Facebook and other things. So, here you go. You ask her a question, you're going to get an answer. So, for example, what is an all-in-one? You know, you might have heard of a first link ELO. What is this thing? You ask Christy, she's going to give you a response. But it gets even more meaningful when you go and click on this more information tab because it'll take you right into videos where Christy may have had somebody on her show sharing more information about how a first lane helock works. So, and you can drill right in where these blue links are. You can drill right into those videos and see Christie teaching, having those conversations. So you do have um a lot of information at your fingertips here to kind of kind of get self-educated and learn more about the process of velocity banking as well as infinite banking. All right, so with all of that said, let's get into the the content of the day, which is this thing called the debt blaster. And in the debt blaster, I'm going to go ahead and switch out um to a different profile because we want to start in that first family that Marius described. What Marius shared with you was a family that has debt. They don't have a lot of extra cash flow. They may not have good credit scores. So, they can't get into, you know, qualifying for a personal line of credit or a heliloc. But what do we want to do? How do we help these people? So, the first step is really to identify, and Christie, you say this all the time. You have to know your numbers. You have to know your numbers. And so, as part of knowing your numbers, we want to get all of your debts listed inside of the system. So, I would simply just come in, add a debt, give it a name, give it a balance, put in the minimum and actual payments, put in your interest rates, and then if you have one of those 0% introductory cards, we want to know when does that introductory rate expire and what is that new interest rate going to be? Because we want to factor all that into the equation. So once you get through adding your debts, you'll have a summary here of, you know, my six debts, my total balance, the minimum and actual payments that I'm making. All right. So the first thing we want to talk about is what we what you'll hear Marius explaining is the no strategy strategy. Marius, what is the no strategy strategy? Do you want to share a little bit about that? Yeah, the no strategy strategy is what we'll have is we have our debts organized and listed, but what do most people go out and do is if one debt's paid off, then they got a little bit extra cash flow, well, they'll go out and spend it on other things. Maybe it's a nicer dinner or something at a Gucci store, whatever it is you're looking to buy. But we just want to make sure we're taking the rest of that cash flow and really having a sequencing order of how to tackle those next debts. So, what Marius is saying, don't do the no strategy strategy because what what most people do is when they pay this credit card off, that $1,800 balance is gone. That 225 they were paying goes to other things. It's not being used for the debts. So, what we want you to do is take that $225 and add it to this personal credit card and just keep going. So, that's what we mean by the no strategy. So the first step for us is really to get these things identified and then the software will take you down to this thing called a payoff strategy comparison and it will say for all of that debt that you have if you do the no strategy strategy it'll be 181 months to pay all that debt off and on top of the what was the debt number $73,000 of debt you're going to add another $21,525 in interest to the picture here. So if we add the discipline of doing a snowball which is organizing our debts by the lowest balance to the highest or we do debt avalanche which is looking at the highest interest rate to lowest or the cash flow index looks at the balance divided by the payment. These are all just ordering mechanisms, right? So, we're just saying, what is the the most efficient order of paying my debts down? Because I want to focus. If I get a bonus, where do I put that money? If I come up with some extra money, I want to throw it towards my debt, which debt do I put it towards? And this is what the purpose of the orders are. Well, look at that. If you just do snowball, we're going from 181 months to 45 months. Interest from 21,000 to 9,547. Now, family one, unfortunately, just doesn't have cash flow. They don't have good credit scores. They're kind of stuck in this debt cycle right now. So, what we want to think about is, can we increase income? Can we lower expenses? Let's get more efficient with our debt payown. Is there something we might be able to do with leveraging a 401k? Can we use some savings? You know, there's all these things that we need to have a discussion about. But what we're going to show you down here in the payoff table is what what does life look like. So we have debt payments that we're making and we show that, you know, 225 is going to this emergency credit card, 75 is going to this personal credit card. So it's just mapping out month by month where are the payments going. And you'll see down here in about month nine, we finally pay off the emergency credit card, which means we're going to take that 225 and add it to the personal credit card. We're just going to keep going. And so you'll see over time we keep freeing up more cash flow, but we're going to keep using it towards our debts. Now, let let's just say at some point in the future, family one can get a personal line of credit. They can start doing velocity banking. So, let's go look at what would it what would a scenario look like for a family that has a velocity banking tool such as a personal line of credit. And Marius, anything you want to add to that? >> Uh, yeah. No, this is perfect. Yeah, this is where we're really just trying to dive in and figure out, you know, what are those monthly bills and expenses? Do you have any other tools that we can use for those debts? You know, savings accounts, retirement accounts, and really just to accelerate getting those debts paid off and getting to the point to build more cash flow. >> Yep. So, I've switched over to a new profile for family two. Family two is going to have a line of credit. going to have some extra cash flow. But we want to walk through that same thing where we have our debts ordered. We have about $1,175 going to debt payments. You know, one thing I didn't mention is we're putting the debts into an order based on mathematical efficiency. And we understand that maybe there's a reason you need to take this car loan and drag it to the top, right? Maybe you've got a personal loan from a friend and they need the money. you know, there's there's going to be some reason you may need to reorder these. And I'm going to show you what it does in the the payoff strategy. So, when you go down to the payoff strategy, we see that if we just pay those no strategy strategy, those debts off in the no strategy strategy um methodology, it's 58 months, 6,431 of interest. Now, we're saying the avalanche is more efficient and it's going to take 32 months and we're going to have about 5,361 of interest added to the to get out of debt. Remember how I moved the car up and and I said I don't want to use the recommended strategy. I want to kind of create my own ordering. It's just simply showing you the the changes. In this case, there is no change. So, if you want to do that, that's fine. Sometimes when we're reordering debts, you'll see that it adds more interest. It adds more time. I've never seen it be more efficient, but it it can be the same or less efficient. All right, so now we have kind of the baseline set. We're going to put our debts in in the avalanche structure. And so I'm going to keep my recommended order. So let's talk a little bit about velocity banking. For all of you that that watch Christy, I mean, she's constantly out there teaching velocity banking, but what we need to do is gather some information. Murice, do you want to share a little bit about what do we need in order to actually model out velocity banking? >> Absolutely. So, yeah, we really just need, you know, what does that monthly income look like? If that's other, you know, even W2s, 1099 or, you know, investments, we want to know just, you know, whatever your monthly income looks like. We want to know those monthly household expenses, electric, water, gas, automobile expenses, you know, what are you spending on uh you know, car insurance, living and other expenses, you know, food, groceries, just those monthly current bills that you have. And so on top of that, assets as well. We want to know kind of what are those other assets that you have where could we figure out other ways to increase, you know, the speed of getting rid of those debts. So it really just gives us a full picture of really what your world looks like to figure out a really efficient strategy for debt elimination. And so if you are doing velocity banking as well, maybe it's going to be using a personal line of credit, maybe it's a second lean helock, an all-in-one, this is where we'll want to know that limit of that line of credit, the available amount you have left in there, and the interest rate. >> Yep. So it does take some some gathering of information like Christy always says, know your numbers. We want to get that information into the velocity banking profile so we can get at the summary. Now, the summary is going to tell us what our income looks like, what are our expenses, what are our debt payments, and and we're looking for essentially what is this net cash flow number at the end of the month. Now, we can also kind of track some of the assets and liabilities. And this is where, you know, if you have some savings, you have a 401k, you have other things that we may be able to position and use for debts, that's really an individual conversation. But this 263 a month, that's what we're essentially leaving in our line of credit. So that's we're going to put all of our income into it, pay our expenses out of it, and we're going to leave about 263 in every month. Now, one of the things u with velocity banking is we have a line of credit with 30,000. A lot of times people are saying, "Well, should I use it all? Should I use half of it?" And one of the things that the the software is doing is it's running calculations based on your debts, your interest rates, your income, your expenses, and it's coming up with a number that's the most mathematically efficient chunk size to use for your velocity banking. So although I have 30,000 available, it's saying use $25,40 for my chunk size. Now, as Maurice and I have been meeting with people, sometimes folks will say, "Hey, you know, I I don't want to utilize my line of credit that much. I want to keep about 10 15 available." No problem. You can change this this setting. And let's say I want to take it down to 16,000, you know, in some change. It's just going to show you what is the cost of not using the optimal chunk size. No problem. If that makes you sleep better at night, then that 342 over the course of time is probably worth it. But if you want to go back to the the optimize, we just hit this button and it tells us we should use a chunk size of $25,40. Now, once you've selected your line of credit, you have your optimized um chunk size, we come over and we hit this thing called activate VB boost. So, we're going to activate velocity banking onto our debt structure. Now, this is where it gets exciting because we're looking at everything in comparison to this no strategy strategy. And remember as you're looking at these strategies, the debt avalanche by itself and we have velocity banking, but debt avalanche is working inside the velocity banking world because as we're taking that chunk, we're we're strategically paying debts off in a prop in a, you know, particular order. 58 months, Christie, is the the no strategy strategy. We can get that down to six months with this loan. >> Wow. Wow. Is that not absolutely beautiful? I swear I work with people all day long and when I just The reason that's so crazy is because I was just working with a man and he had the same thing going on three years. Actually, he also had a 10year, no, I'm sorry, a 15-year second mortgage that we paid off in six months. >> And I'm so glad you're you're going through that just to wake up people's minds and say that's not even possible. But it is. It is. So, I'm sorry. I just had to share that. >> Yeah. And it is. And And all you really need to do is follow the map that we'll we'll show you. But it's six months to get all those debts paid off. Now, we want to pay our line of credit back. So, there's going to take some time to do that. You have 10 months of just running that cash flow plus those previous debt payments back into your line of credit. So, 16 months and we're done. So, think of at the end of 16 months, all of our debts are gone. our personal line of credit is is filled back up to the maximum. So, we have that 30,000 available again. So, not only did we carve a bunch of time off, but we also saved a lot in interest because it was 6431 versus 2254. So, we we not only saved time, but we saved interest. And Marius and I were kind of joking around the other day. Um, not we're not bank robbers. Uh, Marius, >> bank vigilantes. >> Bank bank [laughter] vigilantes. So you were able to keep $4,177 that otherwise would have gone to the banks, would have gone to the credit card companies, would have gone to the dealership. So you're a bank vigilante by keeping some of that money in your own system. >> Awesome. >> Now the question the question is at the end of the 16 months, what do we do next? Now the way I look at this is yes, we have a line of credit at 30,000, but the first emergency that comes up, are we going to get back into the credit cards? Are we going to start swiping again? Are we going to be back in the same place in a few months or in a year? So, one of the strategies that we're going to talk about next is that debt blaster trifecta. But before I go there, I do want to introduce you to the payoff table because this is critical because a lot of people say, "Hey Christy, I don't know when to take a chunk. I don't know when to take my next chunk. I don't know how all this works." So, what we're doing is if you look down this VB boost column, it's saying immediately take $25,40 and we're going to completely pay off the personal credit card. We're going to completely pay off the loan, the personal loan, and we're going to throw a big chunk at that car loan. So, that's why the ordering matters because we're going after the most efficient debts or the least efficient debts sometimes that we want to get rid of first. All right. So, now we used our chunk and we're not going to take a chunk again, you know, in month two or three. You don't see another chunk size um being taken because in 6 months, we're done paying off all of our debts. The store credit card was our last debt. So, now what are we going to do? We're going to take all those debt payments plus our net cash flow, and we're just going to run that into the into the velocity banking tool. And you're going to see this balance in your line of credit just going down, down, down, down. Done. So at month 16, our line of credit's paid back, our debts are gone. We're we're sitting pretty, right? So that that's kind of how we operate is we just look at month by month by month. Where are we with the boost? You might be in a situation where you take a a chunk from your velocity banking every three or four months. It just everybody's situation's a little bit different. or if they've already been using that line of credit. It might take a couple of months just to build that back up with their income, then take a chunk out and use that for the debts. >> Y So, sometimes the system will tell you, hey, use a $5,000 chunk, but you don't have it. So, now what we're going to do is run our money into that helock or that line of credit, fill it up, and then when we have the 5,000, then we'll go use it. So, there's there's a lot going on. It just depends on everyone's numbers. Um the one thing that you know if we look at this you we can kind of see in this column the amount of cash flow that we're freeing up by paying off previous debts you know so maybe when you get to month five you might say hey I I want to I want to take a look at that infinite banking concept and I want to use my velocity banking in in addition to that but how does all that work and so that's what we're going to talk about next which is I'm going to show you something here I've got a book out there called the debt blaster trifecta and you can find it on Amazon We'll show you the link to it later, but if you go out to Amazon, look for the debt blaster trifecta, it's a guide that goes into details of how to do infinite banking, velocity banking, how to put all this stuff together. And of course, we've got our expert Christy Van in velocity banking. And then we also have uh Harrison George from CMG if you want to look at all-in-ones or first lane helocks. So, we have some resources that you can get at if you want to, you know, dig into it in more details. But now this is my favorite part. We're going to get into what we call the debt blaster trifecta. Okay, so here we are in yet a different profile where we have a personal credit card, business credit card, medical debt, car loans. So we have about $78,000 of debt here and we're paying $1265 a month for those debts. We also have a velocity banking strategy where we have our income listed. We have all of our household automobile living expenses and business expenses. So, we've listed all of our expenses out. We also have our monthly debt payments. So, we have a total of $866.33 of positive net cash flow at the end of the month. Now, what we're doing is we're going to use a heliloc and run our income into that heliloc. We're going to pay our bills out of that helock. So, that 86633 is what's essentially staying in that helock. At the end of every month, we're going to initially start with $1,366.33 of cash flow. Okay. Now, we have a velocity banking tool where we have, let's say, a a heliloc or we have $50,000 limit. We've already used 5,000. So, we have another $45,000 available and it's at 7 and a4%. Okay. So, we go and we select our tool. And when we select our tool, it's going to run the optimizer and tell us use 28,54. And again, if I if I say, hey, I want to use more, you know, it's just going to show me what the what the difference is in cost. So if I use more, you know, take it up to 35, it's going to add another 346 of interest. So it's interesting if I use more or less, I can actually introduce more interest cost into the equation. So, I want to be careful about how I'm utilizing that helock and just do the optimal chunk size. All right, so here we go. Activate the VB boost. We now have a no strategy strategy of 181 months. Our total interest paid would be $30,000 on top of that $78,000 of debt. If we just do the avalanche, we're 80 months, knocking that $30,000 of interest down to 23. However, using that heliloc and the avalanche structure, in 24 months, all of those third party debts are gone. 6 months of running our cash flow to restore our chunk size, and then two more months we'll need just to pay the the uh that extra 5,000 off that we used previously. So, in 32 months, we're out of debt. We've we've completely paid back our HELOC, and instead of $30,000 of debt, it's $7,587.72. So, just like in the last example, we showed that velocity banking is going to get us out of debt faster. We're going to have less interest being paid to the banks, right? So that this is something that mathematically when we run it, you know, velocity banking is is the fastest way to get out of debt. Hands down the fastest way. Now, one of the things that and Christie, you know, you and I talk about this, Marius, you we talk about infinite banking all the time. How can we use infinite banking? How can we use a speciallydesigned whole life policy to run money through it? And when we do that, those those dollars that go into those specially designed whole life policies grow and compound for the rest of our lives while we're leveraging them. So it's like a think of a savings account where you can put savings into it, but when you take the when you take the money out of that savings account, you're still compounding on your full balance. So we're we're leveraging that that cash value. >> Okay. So, I just want to interrupt here and say that I'm about to run around the room [laughter] because I I love this. I can't I It's just like It just gets me so excited to see the 181 months turned into 24 months just using Velocity Banking. I mean, is that insane that we have that much control over what's happening with our finances? And most people across the world have no idea about this. It's no. That's what the channel's all about is just to scream, you know, and to touch as many people as we possibly can, you know, to give them this information because this is lifealtering financially. It's beautiful. And I know you're getting ready to show us more with infinite banking. >> Yeah. Yeah. I absolutely need to be screaming from the rooftops because the the debt situation in this country is dire. I mean I think the last number is 18 some trillion. We have u student loans and credit student loans and car loans are almost neck andneck. I think around one and a half trillion. I think those are some of the numbers I recently saw. But it it just it's the credit cards that are they're really high. And then you you've just got people families just buried in debt. So implementing these strategies is is going to change your situation a lot faster than just kind of working your way through that no strategy strategy. And it's going to save a marriages. It's going to save uh people's health. I mean, this is seriously impacting in more than just, you know, oh, the money I'm losing. These are I mean, in my mind, debt, finances is the number one cause of divorce. And that's super sad. And so I guess just because I see this every day working one-on-one with people, uh, you know, the tears that are shed during their calls because they're so financially wound up in a mess. And giving them the option now that actually shows them how to use that line of credit takes even the stress off of the transfers back and forth that I'm talking about. I absolutely love this. I think this is just a godsend. >> Yeah, it's very true. I mean, you think about the all the stress that debt brings to a family and there's already enough challenges out there. We don't need to add more. >> So, >> so what you know, Christiey's very passionate about teaching this. We are passionate about teaching this because it it does change people's lives and and there's a better way out there. >> And I think that's one of the the most satisfying things at the end of the day is when we meet with someone and we and and you just see that glimmer of hope coming back in their life like they're like a flower opening up again. It's just like there's a way out. There's a way out. It's it's going to take some work and dedication and discipline, but there's a way out. And what what I'm excited about is this next step because we've just showed you a way to get out of debt in the fastest possible way. Now, what we wanted to do is let's just go back up to this um this velocity banking profile. If we have $1,366 of cash flow, what would it look like if we just said, let's take $500 and I'm just going to use this to start with. What if we had a specially designed whole life policy that we use for infinite banking and and we ran that $500 through the policy? So, every month $500 goes into it and then we'll take loans from that policy and throw them at the debts. It sounds counterintuitive. Why would I put money in, take loans, and have more debt? That's what a lot of people are probably thinking. But one thing we're doing is we're now lowering our net cash flow because we're taking 500 and we're putting in this other asset. Okay. So, working with Marius and I, we can design a a policy that works specifically for you. Everybody's numbers are different. Everyone's situation's different. But in this case, we have a sample policy here where $500 a month is going into that policy. Then what we do is once a quarter take a loan and throw it at the debt that's at the top of the list. So think of the two things going on now. We have velocity banking working. We have infinite banking working. We're taking funds from each of those a chunk size from velocity banking. We're taking policy loans from the policy and we're throwing it to the debt at the top of the list. So our job is to accelerate that. But the the benefit of infinite banking is every time we put that $500 into the policy into that specially designed whole life policy, it's compounding, growing for the rest of our life, even when we when we leverage it. That's the power here. So, I'm going to light it up. I'm going to activate the cash value boost. We have the velocity banking boost going. So, here's the fun part is it now starts showing you the no strategy strategy. just doing debt avalanche, just doing infinite banking, velocity banking, but we added this column called the trifecta because now we're doing dead avalanche, infinite banking, and velocity banking all at the same time together in concert. It's it's like a musical going on. So, if you remember back when we just did velocity banking, we were done in 32 months. And this is the trade-off. Are you willing to add a few months to the whole program? We're going to slow velocity banking down a little bit so we can do wealth building with the with the infinite banking. Debts are gone in 31 months. It takes seven months to pay our policy back. Remember, we're taking loans from the policy. 7 months to pay our policy back. We're running cash flow into our velocity banking the whole time. So, it's only another month and we've got that fully restored. So, in 39 months, our debts are gone. Our velocity banking tool, our HELOC, is paid back in full. Our policy loans are paid back full and we have a policy that's capitalized. Now, here's the difference. Instead of 32 months, we added we are up to 39 months. But at the end of that 39 months, we now have $1,265 of extra cash flow that used to go to debts that can be used for something else. And we have over $15,000 of cash value in our specially designed whole life policy. That can be your your new emergency fund. That could be the start of the money you build up for your next car purchase. You might build this up to the point where you have opportunity funds where you can go out and make more money with it. And something we don't talk about that often, but it's really, really important. God forbid something happens to you during this, you have $128,000 of death benefit that's going to more than wipe out that debt and and have some, you know, funds for your family. So the question we always ask is, are you willing to slow velocity banking down a few months to do infinite banking, but yet walk out and have cash value built up and a death benefit to protect you and that money is just going to keep growing for the rest of your life. That's what the debt blaster trifecta is all about. >> And Craig, I think you did the math on this as well where if you just ran some of that 500 a month in just a regular savings account, I think the policy came out on top. >> Yeah. Yeah. So, what Marius is talking about is if if we took the difference in that, you know, say six, seven months and we just took that $500, ran it into a savings account plus the 1265. Sometimes we we see from a cash value, if you just squirreled that away in a side account, you might be close to this, maybe sometimes a little bit more, sometimes a little bit less. But we have to think about all the things that the specially designed whole life policy brings. tax-free growth, um, uninterrupted compounding for the rest of your life. It has the death benefit. So, there's a lot of lot of benefits that come along for the ride. So, the Debt Blaster is the only strategy tool out there I've ever seen, and we built it for this very reason, working with Christie and and tying in Velocity Banking, Infinite Banking. Nothing else figures the math out behind the scenes on how to make this work. Now, it sounds like there's a lot of money moving around, and there is. And so what we do is we come down to the strategy table or the payment table. And you can see this is the the cash value boost. This is how much we're taking out of our policy and when. Then we also have our velocity banking. When are we taking our chunk size and when? And then we go over to each debt and we look at well how much are we putting towards each debt? This debt gets paid off immediately. This debt gets paid off immediately. You know, and so it just shows you what to pay to each debt each month. So by month two, we've got a number of debts gone and we're going to start adding extra into our, you know, our car payment until that's gone, you know, down here at month 17. So if you just follow this plan, you're going to get out of debt faster. You're going to build wealth faster. And one of the things a lot of folks say to us is like, well, what if my cash flow changes? What if I get a bonus? What if I get a tax return and I want to use that? Recalculate. And you know, we've got this concept of the Deep Blaster GPS. This is kind of This view is for the the numbers people, the people like walls of numbers. That's me. This view down here is for the the people that are more like Chris Nogle who they don't want to see walls of numbers. They just want where do I turn? So, I'm in a I'm in my car. I'm driving along. I just want to know when to turn. And so, this is just telling you how much do you take out of your velocity banking tool? Where do you put it? you know, and then as you scale through, you'll see eventually we're going to take a policy loan. So, it just kind of gives you that step by step by step on what to do. And if you just keep following it, you'll get out of debt. And when you have changes, what we do is we just say, go up here, save your profile as a, you know, maybe I'm in February right now and I want a new one for March. I just save this as my March profile. Update my numbers, maybe get rid of some debts, you know, whatever you're going to do and recalculate. So when we're using the vault, we're using this in our strategy conversations to figure out what is your current situation? What's it look like? So think of our process as we model it and then we stress test it. So as we as we put in our numbers and say we have a heliloc or a personal line of credit, we're we're going to stress test this and see how do the numbers look not just now, but how does it look in a year from now, how's it looking in two years from now. this scenario loosely coupled with a conversation Marius and I had with another another person, but they had, you know, a number of different debts. These are not their debts, but they had some similar types of debts. So, we have about 193,000 in debt and we're paying about 27.80 a month in debt payments. Now, what what happened is we we gathered all of their velocity banking information. Just like we've talked about before, we need to know your numbers. We need the income. We need the expenses. we need the the debt so we can kind of come up with those uh you know that net cash flow if you will. So they were able to go out and get a heliloc. They have a limit of $150,000 on that heliloc and you'll see right now it only has $5,000 available. And why is that? They were talking to somebody else and they were told, "Hey, why don't you get this heliloc? Take this big chunk out of the heloc." So they were taking about $39,300 out of this heliloc. So they had some other debt that was in this helock, but they were going to take a $39,000 chunk out of that helock and run it into a whole life policy. We've done that in the past and it can work. We just need to model it and make sure it's safe. So think of this as we're we're taking some of that available line of credit. We're going to do a dump into a policy and pay our first year premium. Okay. So, what does it look like from a velocity banking perspective? Well, we only have 5,000 available. It's saying take 6,640. And Marius made the point earlier where we may need to run some income into that heliloc before we can take our first chunk. So, if I turn on uh the velocity banking, you'll see down here, we have to whittle this this balance down. And you'll see that it's not even going down. So, that's part of the problem. Um, so we need to get that velocity banking um, credit line built up before we can take the chunk size. So that's the first problem. However, let's go look at our our policy because we put in a $30,000 dump and we put in about 9,300 right away. So we've got that 39,000 that went into the policy all at once. So let's activate the velocity banking boost. So essentially, I'm just going to reiterate what we did is we had a heliloc. We took some out of the helock, put in a policy. We're now going to take a policy loan, throw that at our debts along with our velocity banking strategy. >> And Craig, you want to change that to yearly on the loan frequency? >> Yeah, we can do that. We'll take that yearly >> annual going in. >> Yep. Okay. So, what this looks like is, you know, if we do the no strategy strategy, it was 200 months. We have about almost 200,000 of interest being paid out to the banks. If you do the debt avalanche 113, we can knock that interest down to about 150, which is pretty encouraging. But if we go over to the trifecta, we can get this debt paid off in 59 months. We can pay the policy loans back in 33 months. It'll take us about a year to pay back the restore the HELOC. So 104 months and we're done with our debts. We've got our policy loans paid back. This all looks great. And at the end of that 104 months, we have about 119,000 built up in our cash value and a death benefit of 224,000. This looks great. We love these numbers. It almost looks like something we should go do. But what we're not doing is stress testing. What does it look like in year two? What does the whole picture look like? And so this is the caution of anything, any strategy we're putting together. We want to see what does it do year one, what does it do year two. So, you'll see in about month two, we take out a pretty good sized chunk from our policy because we put that big dump in and the premium in. We were able to take out about 32,000 right away and we can collapse that personal credit card and take a pretty big chunk out of the balance of that personal loan. So, that freed up a little bit of cash flow for us. But what you'll notice, look at the balance in the heliloc. Which way is it going? It's going up. We're We're not We're not We don't have enough cash flow to knock the balance down. So, we have a heliloc that has an interest cost in it. You know, that's that's not we're not able to offset that. So, our balance is going up every month, which is not a good thing. We don't want that to happen. [clears throat] So, what's going to happen in month 13 on our policy? We're on an annual premium. So, what do what do we have to do in 13 months, >> Marius? What happens? >> Yeah. >> Yeah. I mean, we're gonna have to say if we switch it to monthly and our monthly premium, I think was now calculated at $700 something dollars. 700 >> 775. But if the way it's sitting right now, what do we need to do in month 13? We need how much? >> $9,300, right? >> Yep. So, do we have $9,300 in our HELOC to take? >> No. >> No. We've tapped it out. Have we freed up enough cash? If we do what Marius is saying and switch to monthly where we do $775 a month, do we have $775 a month freed up in our cash flow? No. We're in trouble. We don't have the premiums to put in our whole life policy. Our system is going to blow up in month 13. >> [clears throat] >> So why do we mention this? It's because we always want to stress test. So what would we do in this situation is we would go back and say, well, let's not put a big dump in in or let's not take so much out of our HELOC. Let's not fully utilize that HELOC because we have to have enough cash flow running through our system to make sure the HELOC is going to work. So those are the four families that we go through because this one started off really well, but we got into trouble later. So we just need to get the numbers in. We need to model it. we need to look at it. But the good news is when we do that, we'll get you set on a path that's going to get you out of debt the fastest way, going to build wealth and keep you safe going on into the the future. So those are those are the four families that we want to share with you today. >> That is a lot of information, but you did it slowly and clearly for us little elementary minds. Um it's just super super convenient. I mean, everybody needs this, right? Um, just to show you what your possibilities are, to show you what you could and shouldn't do. I mean, it's just genius. So, thank you so much for coming on and showing us that. So, do you have um a link, a QR code or something where people that are interested can, you know, go in and and get an appointment with you guys? >> We do. And and so there's a few resources here that I'm sharing on the screen. The first one is if you wanted to book a strategy call with Maurice and I um perhaps you've had some conversations with Christie. We need to know your numbers and and then you want to get into kind of modeling this out for yourself and coming up with a plan that's going to get you out of debt the fastest way and build wealth. Um you can you can hit this first QR code or you can go to this this link beyouonbank.comv. Um, so I'll leave that on the screen. And then if you do want to get the Debt Blaster Trifecta book, it's on Amazon. You can just go in and type in Debt Blaster Trifecta. You can put my name in there, Craig Yenni, Yen and I. You'll see it out there. It It's a short read, but it it's got some really good information on how we structured this whole trifecta plan. And then for anyone that wants to sign up for the vault in the vault, um, you can use this QR code and get started today. There's also a link down here, the bobvault.com and then, you know, equals Christy. So, what what you'd want to do is, you know, first probably have a strategy call so we kind of know what you're what you're trying to accomplish and then from there we can get your numbers into the vault and then you can subscribe if you want to go down that route and and be able to kind of run some different whatif models. So, those are the resources we have available. We're happy to jump on a call and help you out. people, you have got the information here to see what you can do with your debt to avoid years and years, in a lot of cases decades on paying off your debt. And I mean, who wouldn't want to put your money into your future instead of into interest in these debts? So, I thank you guys for joining us today. I thank you for watching today. I hope that you have gotten some really good information. I know you have if you're paying attention. So, you know what? Schedule a call with them. Uh get an idea on what it will do with your debt and how your future is going to look so much brighter when you just have a little bit of education and maybe a software tool to help you. So, thank you guys again for joining us and I hope you guys have a great rest of your day. See you in the next video.

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