Get Rid of Debt FASTER… KNOW Where to Start Today #debtBlaster

I hope that you're learning. I hope that you're really getting a lot of powerful information that is probably going to change your financial future soon, okay? And then it can last a lifetime. But I want to introduce Craig Yenni to you guys. I told you last week I was going to have the debt blaster conversation. Let me tell you how the debt blaster came up. I was sitting planning. I have an evening. And I usually do that getting ready for the next day. And I kept thinking to myself because I always get the question, do you have a calculator? Do you have a software that can help us understand how to place the money? Where to take it from, when to take it, and where to apply it to which debt? I can't tell you how many times I've had that question. So, I'm sitting planning one night and I thought to myself, okay, I've got to create a software. I've got to have this done and I'm going to create something where the people can just go and look at anything they want to do. Velocity uh and infinite banking. And so, I'm thinking all this stuff through and I thought, what would be a good name? what would be a good name for something that we everybody came to. So, I'm going fantastic fantastic fantastic vault. I thought, oh, that's a great place because we can like have the software there and we can have, you know, I was thinking little workbooks and all this stuff. The next day, I'm out done with my day and I was going out with my family and I got a text from Chris Nogle and he said to me, "What would you think about creating a software that helps your people know how to use their line of credit?" Well, I was driving and I'm like, "You have got to be kidding me." And he said, "Yeah, we're creating the vault." And it's going to have And I literally stopped. I I literally got so focused on him saying the vault that I thought, "This cannot be real. this. How could this possibly be that? I was just thinking and writing down, we'll call it the fantastic vault or something like that. I just was thinking of these. And lo and behold, I jumped all over that because I'm I'm like, "Yes, yes. I I I can't believe this. Yes, that would be great." So, now we have the creator sitting right in front of us. this guy has created something that is amazing and it is going to show you exactly how to use your line of credit. So, Craig, I had to share that story. I don't know if you've ever heard that before. Uh but that's what I said. When when we start setting goals in our lives, the Lord will help us meet those goals. I'm 1,000% believer in that. And that is just proof. So, why don't you tell me a little bit about what you think about that story? I'm glad you shared it because I I remember having a conversation with you and we were talking about the vault and you about fell out of your chair backwards because that's what you were wanting to call it and we're over here working on something called the vault and it just was really neat how it all came together and >> and bringing together these complex what can be complex for a lot of people in the math is the infinite banking the velocity banking and and really having a journey where we can meet people where they are get in a better position go to the next thing. Go to the next thing. Go to the next thing. And yeah, I like that you share that story because it's so it's so powerful and it >> is amazing. >> You know, we we you and I bathe in this stuff all day long. So, it's just kind of secondhand nature to us. But, um and I used to do all these things in spreadsheets and if you're a spreadsheet fan, you're my people. But, you know, the the spreadsheets are complex, especially when you start trying to figure out how lines of credit work with your debts and you start bringing infinite banking into your debts. It's just it's crazy. So, what we want to do inside of the debt blaster is if you filled out the Christy worksheet, you want to go and put all your debts inside of the debt blaster. And the way we do that is you can just click on add debt, give your debt a name, a balance, um minimum payments, actual payments, interest rate. Now, it's important if you have 0% credit cards, you know, at some point that's going to have a um expiration date, right? So, we have the 0% say for the first year, 18 months, 12 months. Well, I want to know what those dates are and what is that credit card going to go to if we have a balance on it at that time because the software is going to figure out all of the information about how we should pay that off. How does that relate to your other debts? So, once you have all of this in there, you would add your debt. And so, the goal is to get all these debts listed. And then we'll have your totals, we'll have your weighted average, we'll have your your payment structure. And now that we have this, we can start going into some different analysis mode of how can I u most efficiently get out of this debt and what are some of the methodologies I can use to work through that. Now, before I get to the strategy table or the payoff table, I want to talk about what I mean by the no strategy strategy. I'm glad that you're all here because you're not the people that are going to be doing the no strategy strategy, but a lot of folks out there doing debts. They don't have a plan. So, they get some extra money. They might throw it at the medical debt and yeah, let's throw 100 bucks at the medical debt and then they might refinance something into 0% and you know, there just there's not really a consistent plan and a consistent movement of what they're doing to get out of debt. So, what what do they do when they pay off this personal credit card and have a balance of 2500? What do most people do with this $75 when this debt's gone? Anyone want to share what you think most people do? You can put in the chat. Spend it. Kathy, spend it. Sally, spend it. Absolutely. They spend it. And it's like, oh, I got rid of that personal credit card. Great. Now I can go out and go out to eat more often or buy more stuff or whatever it's going to be. And that's what keeps people in this cycle. Now, there's no argument that maybe you need to use that 75 because you need that brea breathing room because expenses are are just really tight. We get it. But in generally speaking, what we want to do is we want to take that $75 and add it to the 125 and keep using it. And and most people know of that strategy, you know, from, you know, a Dave Ramsey on the snowballs. Everybody familiar with like the snowball approach? And Yep. [clears throat] and Dave Ramsey gives out what Christy does, what we do with Infinite Bank and gives, you know, gives it a bad reputation. But I don't know um I think there's a credibility gap with Dave. I don't think he's being um honest with with really what's happening here because, you know, he he just he helps people get out of debt, but then there's not really a plan going forward. and and and I just don't know if I agree with his his teachings, but he does help kind of get people organized and get them on a plan. So, that's the good part about Dave Ramsey. But, there's the snowball which says, "Hey, let's organize these debts by smallest balance to highest balance." You'll see these debts aren't organized that way. This is 25, 42, 85. Then we have a 22 and then 18 and a 12. So, what you're looking at here, this is organized by highest interest rate to lowest. That's called the avalanche. There's another methodology out there called cash flow index where it takes your balance divide it by your payment and it comes up with an efficiency score and then you organize your debts by that efficiency score. Now there are people that will just dig in and say always do the snowball or there's people say always do the avalanche or there's people that say always do the cash flow index. At the end of the day I don't really care which one you use but I I just mathematically want to know which one's the most efficient. That's all I'm after. Is the snowball more efficient or and and guess what Kathy yours could be the snowball? Julianne, yours could be the cash flow index and Angie's might be the avalanche. You know, it just everybody's numbers are different. So, how do I know what to use? Well, we go down this this thing called the payoff strategy. And it just simply says if you just continue in what we call the no strategy strategy, which means we don't really have a structure. We're going to take the when we free up a debt, we're going to take that payment and go spend it. Of that $78,000 of debt, it'll take 181 months and over $30,000 of interest on top of that 78,000. You know, we've heard of bank robbers, and I think the biggest bank robbers that I know are the ones that own the banks. They're the bank robbers. So, this is why people get stuck is just how do you get out of this mess? And so just by applying the first step which is efficiency in this debt profile saying if you continue to roll those debts kind of like the Dave Ramsey teaches the snowball or the avalanche 80 months and instead of $30,000 of debt we're we're getting I'm sorry of interest is 22,000. So who would rather have the no strategy versus the debt avalanche? Well of course we all want to be you know getting out of debt faster. That's really just step one. And Marius and I teach on a concept of four families. There's there's a family that uh may have cash flow issues, so much debt and and expenses that they don't have a lot of cash flow at the end of the month. Maybe the credit scores aren't in good shape or I could get a line of credit. Well, guess what? We have to do some things to get in a better position, which means we have to lower expenses. We have to increase our um income. We have to get rid of some debts. And so we may just have to operate on say this avalanche structure to get started. That's just the reality of where we are. We may have to find a way to be more efficient with our our cash flow. Maybe we pick up a side job. Um those are just the realities of it. And so what we look at for family one, I would call it, is is having a detailed payment schedule. Now all of this is doing is just saying, hey, and I started this in November. So let's say we're in November. I'm going to pay $75 to this credit card. I'm paying 125 to this business credit card. I'm paying 180 to this. And so it just shows you what to pay each month. Well, what I'm really interested in is I'm going to scroll way down here. When do I start freeing up some cash because I paid off some debts. Well, in this particular profile, it's 27 months later. But every, like I said, everybody's situation is different. Maybe it's 6 months for you. Maybe it's a year. But we need to we need to get the cash flow machine working a little better. So this is this is probably the the worst case scenario of what of what could happen. So before I before I move on with with the next step, does all of this make sense so far just in terms of getting the debts organized? Okay, perfect. Um, now there's a couple things I just want to share with you in terms of how you may want to just play around with some of your debts is we're putting these into the mathematically most efficient order. However, I've had in some of my strategy calls and it it was interesting because this um this person said, "Well, I've got a loan from my brother-in-law and every time Thanksgiving comes up, sits across the table from me and just gives me this dirty look. We have an agreement, but he wants his money." And so it's just causing her a lot of stress. And so what you can do, let's just say that this emergency credit card was a loan that your brother-in-law gave you. You can drag it up to the top and say, "Well, I need to pay this off because I want to get it out of my life and I want to get my brother-in-law off my back." And so you can drag and drop these debts in any order you want. And then if you go back to the strategy table, it'll say, "Oh, you have a custom strategy." Even though in this case it's it's not showing any difference. Sometimes it does, sometimes it doesn't. Um, but it's saying, well, there's really no impact if you want to pay that one off first. But let me show you one that will impact it. Let's take this student loan and drop it up at the top. I'm going to drag that up to the top. I don't know why it's not going and just take it all the way up here. All right. So, now we have our student loan, which has a bigger balance, a little bit lower interest rate, but let's see if that impacts us. Well, it added a little bit of interest cost because we're now not as efficient and it added some time. Not a big deal. Hey, if if and the way I look at all of this, there's mathematical reasons to do something and there's the human element of of why we we may want to do something. If it can reduce your stress and make you happier and put you in a better place, great. Then the math part portion of it may not make as much sense. So, just know you can play around with that. And then if you want to go back to the recommended order, you just click on that and it reorders. Now, I've also had questions where what if I get a bonus or what if I get this or what if I get that? You can come down here in these fields. This would be what if I add an extra $100 a month to my debt payment. What does that do? Well, knocks it down from 80 to 72 months, from 21, I think it was 22,000 down to 18. So, just a $100 a month extra will will help us, you know, move faster and we have lower costs going to the banks. What if I file my taxes and I get a big tax return and let's say we have $4,000 we got on a tax return. Just, you know, throwing some different ideas out there. You know, it'll show you, well, this is the the result of that. So, you can do a lot of whatifs and a lot of planning and a lot of, you know, what happens if I do this, what happens if I do that. Oops. [clears throat] So, let's get out of that. And then the other thing I want to mention too is we have the idea of profiles or plans saved here. So you may you may want to save this as an alternative plan. So you might say, "What if I get a heliloc? What if I don't have the heliloc?" And you can save those as different profiles and different plans. You can quickly just reload them without having to reconfigure everything. So just think about as you order things, as you test with velocity banking, you can do all of those things. [clears throat] Okay. The next piece I'm going to um run through is velocity banking. And that's, you know, really what what the the key point is of our conversation today is how do we do velocity banking? And has everyone here filled out a Christy Van worksheet? Do you have all of your debts and income? Has everyone gone through that process? Okay. Because Christy talks about all the time, what does she say? You need to know your numbers, right? You need to know your numbers. when you fill out that Christy Van worksheet, we want to know those numbers. And that's awesome. Kathy's been using Quicken for for years. Awesome. Um, you know, there's other tools out there. Monarch, my youngest daughter uses Rocket Money. I mean, there's all sorts of things that'll that'll help you get there. Um, now what what you want to do is once you fill out that Christy Van worksheet, we want to get your income sources in here. We want to start to fill out your household expenses, your automobile expenses, your living expenses. Now, the reality is we may put in utility bills, although we all know those fluctuate. What we're looking for is to get in the ballpark. We're not trying to get exact to the penny, but that's where if things are really changing significantly on a month by month, just go up and and save a new profile. So, I have some people that have some wildly different incomes in seasons because they may have landscaping businesses or they may I have one gal that works in county fairs and you know during the fair season she's making a lot of money. Um, so we may want to just save profiles off so we know what we're supposed to do month by month. But the whole idea is we want to get everything listed. Now, if you're working with Marius and myself, we also like to ask you about your assets. Do you have anything sitting in savings? Do you have 401ks? Do you have IAS? Do you have uh money in a brokerage account? And and we're not investment advisors, but what I can do sometimes is look at that and go, well, you know, have you thought about doing this? And you know, I can't give you guidance on what to do on that, but I can, you know, for example, if you had, let's say, let's say you had $15,000 sitting in a savings account of 042%, you know, earning almost nothing in interest, but you had a heliloc. My question would be, why are you storing that money in your savings account? Why don't you put that in your helock? Let's say your heliloc's simple interest at 8%. But you can put that money in your savings account, earn 042. Would you rather save thousands of dollars or earn a couple pennies? So just little things like that is what we talk about. Why don't you dump that into your Why don't you dump that right into your helock? Right? So that's what I do. And I'm not going to tell you anything that I haven't done myself. I have a first lean helock. I do velocity banking. I have multiple whole life policies. I've built my own banking system. And I'm just going to jump right back into slides here real quick just to show you, you know, what what I'm talking about is what I want to see everyone get to eventually is a warehouse of wealth or what I call my liquidity infrastructure. I have multiple whole life policies that have cash value that I can go in and and pull for car loans, for emergencies. I also have my all-in-one so I have access to my equity in my house. And so what does that really do for me? Well, it gives me the ability to have opportunity funds, self- finance cars and things that I need. I have emergency funds I never fully leverage because I always want to have a pile of money sitting there for a rainy day. But isn't it true if if I'm using my HELOC, is my house still appreciating while I'm using my HELOC? Let's say the houses do appreciate. Yes. If I'm if I'm using if I'm leveraging this heliloc, well, my house is still going to appreciate whether I use it or not. Same thing with my whole life policies. Aren't they going to appreciate even if I'm using the cash value? So, that's really what we're trying to get people to is the point of we build our own we build our own liquidity infrastructure. We build our own banking system is really what we're teaching. So now back to the how that relates here is we want to get all the stuff listed and then then the last step is we want to talk about what velocity banking tools do you have. So let's just say I have um I have a mortgage and sometimes I put the mortgage in the list and sometimes I don't. And here's why. It's not that I'm ignoring the mortgage. It's just that hey I've got these other things. I've got personal credit cards. I've got car loans and student loans. I want to get rid of all that stuff. And maybe I put a profile in where I have my mortgages so I can see everything holistically. But what I suggest you do if if this was your debt profile, I would say pull out that mortgage, get it out of our list, and what we're going to do is go into living expenses and put our mortgage payment down here as an expense. So, it's not going to be a debt, it's going to be an expense. And that's a common question I get in in supporting the tool is what is a debt versus what is an expense? Is your utility bill a debt? Nope. So, what we want to think about is we only want to put things that are actual debts up here. And if you're using, let me ask another trick question. If you're using a heliloc for velocity banking, is that a debt? It is not. So, we don't want to put our velocity banking tool in here, right? We're going to deal with that differently. So, if you have a heliloc or a personal line of credit with a balance on it, we're not putting it in this list. We're only putting things that are debts that we're paying off with our velocity banking tool. And what I just shared too is I don't I don't want to see mortgages in here typically if we're trying to work off this other stuff. So, in order to get properly configured, we want to put your velocity banking tool here. Let's say you have an all-in-one. Say I have a North Point all-in-one with a limit of 183, but I have 153 available. This is our mortgage is wrapped up in here on a first lane heliloc. Okay. If if I'm not using a first lane heliloc and I'm using a I have a mortgage and a second, I'm going to put my mortgage payment in here. I'll just create a thing called my home mortgage and put the payment in here. I'm going to treat that as an expense, not a debt. Okay, if there's any questions on that, let me know because that's a that's an important thing we want to do as we're we're getting this configured. >> Okay, >> I have a question. >> All right. Um, so if you are trying to save interest and you have a 5% or above mortgage for sure that you've maybe just started, if we're going for the interest savings, wouldn't it be wise to put the mortgage in there depending upon what you're trying to accomplish? >> It it may be. And I can show an example um of a mortgage and a heliloc. And just so you can see how we're using the heliloc to pay the mortgage off. And then once the mortgage is paid off, we recoup the heliloc. Um, and mathematically I can show where it makes sense to pay a 2% or a 3% mortgage with an 8% helock because dealing with simple interest versus advertise, right? So there's efficiency there. >> Yes, >> absolutely. So and and I and sometimes I'll I'll show that in webinars and I'll get people saying absolutely. Why in the world would you paying use an 8% heliloc to pay off a 3% mortgage? Are you stupid, Craig? I'm like, I don't think so, but I just run the math and I'll show you that it works. Um, so, so what we want to do is get our our HELOC or our personal line of credit or all-in-one configured here. And there's a button here that says payoff, which means if if I click this, I've already used in this case $5,000 of this of this HELOC. Well, I'm going to use some of the available credit to go pay off my debt. When I'm done with that, then I'm going to fill fill my HELOC up in full. Or think of it this way, I'm going to use this 153,000 for my debt payoff, but when I'm done with my debts, I'm going to pay my pay that chunk size back and I'm going to go pay my my house off. So, we're just going to run all those numbers. If you uncheck that, it'll just say, "Okay, I'm not worried about paying the house off. Here, I am worried about paying the house off." The other thing that's important is as you do your expenses, we want to know what things can you pay with your velocity banking tool. So, if I have a HELOC, can I pay my termite inspection, my $50 a month that I'm paying for that? Can I pay my HOA with my HELOC? Maybe I can't pay my county tax assessors. So, I'm going to uncheck that. So, we're just simply saying I can pay this with my HELOC or my velocity making tool or I can't. The reason that's important is when we get to the summary tab, we're we're basically saying, "Okay, here's your income. Here are the expenses that you can pay with your velocity banking tool. Here are the expenses you cannot pay with your velocity banking tool for some reason or another. Here are the monthly debt payments we're making. So, in this person's profile, we have $1,366 of net cash flow, which means we're going to run all of our income into the into the velocity banking tool. We're going to set aside in maybe a separate account those expenses that we can't pay with our heliloc. The rest of it's going to be in our heliloc buying that interest down during the month until we pay our bills out. Now interrupting again, sorry. But if you only have a credit card, if you don't even have a heliloc, is this where you would put the amount that you can pay with the credit card and then the amount you cannot pay would have to be put in the checking or whatever you're going to pay that with. Right. >> That is correct. >> Okay. So, this can work if you're just using a credit card as well. >> [clears throat] >> just need to be specific about which expenses are going into that credit card and which ones are not because we need to >> we need to pull out of that income um you know and set it aside for those other expenses that aren't running through the velocity banking system. >> He's getting ready to do something that is going to make me run around the room. So I wanted to prepare you because it's getting ready to get exciting. Go ahead. I'm sorry. >> Yeah. And and the last thing I'll talk about before you'll see Christie run and and I've seen Christie run. She can run. The one the one thing it's been a mathematical challenge. And when we have a heliloc or a line of credit, let's just say in this case we have $45,000 available and I have $78,000 of debt. Should I use the whole line of credit to pay off that, you know, to chunk at it? Should I take that full 45 and chunk it? >> I wouldn't. Christy wouldn't. Here's here's the deal. I don't know either. I mean, and and I'm going to break this down into there's a math there's a math answer and there's a non-math answer. The math reason, we'll run through the math and say, "All right, well, based on your income, based on your expenses, based on your debts, your interest rates, your payments, there's a bunch of math going on here. We have this algorithm we call the optimizer." And what it's going to do is it's going to say, "All right, based on everything in your your little world here of your debts and expenses and interest rates, mathematically, we're saying $28,54 is the optimal chunk size to take out of that line of credit and throw at your debts." So 28,000 goes to your debts. Then you use your net cash flow to fill it back up. Then you take another 28,000, use your net cash flow to fill it back up. However, I've had some sometimes it shows a higher number or a lower number. Well, guess what? You can take this and go, "Well, you know what, Craig? I don't want to do that much. I want to do 15,444." What it's what it's going to do, let me pull that up just a little bit. It's going to come down here and say, "Well, guess what? You're going to add $185.20 of interest cost if you go off of that optimized value." That's okay. Maybe you want to have more in reserve. That's okay. This is the non-mma non-mathematical reason. I had someone I was working with recently where it said to use a little bigger chunk in their their helock and and she said, "I I wouldn't be able to sleep at night." Like, where do you want to where do you need that to be? And we just said it and she goes, "Ah, a,000 extra dollars over three years. I don't care. I can sleep at night." So, just know that you can override that and and do your plan, but I'm going to run with the optimized value. Okay, here's the fun. Activate VBoost. What this is going to do is it's going to take you down to the table and say, "All right, remember if we do nothing, it's 181 months. We're going to tack on about 30,000 of of interest. So our total debt payments are 114. If we just do the avalanche, we're going to get this job done in 80 months and we'll pay about 23,000 in interest." Now, this is a really, really important point. We're not highlighting the avalanche. say do that because what velocity banking is doing is it's using the debts in the avalanche order and we're doing velocity banking. Okay. So now who's excited about getting those debts out of your life in 24 months versus 80? >> Okay. This is where I have to scream because if you did not believe that velocity banking beats the snowball method, I want you to look at the mathematical comparison of what is happening here. 80 months compared to 24 months and we have people calling this the scam. >> Yep, >> guys. That is proof through numbers that velocity banking in a third of the time is doing what the snowball method will do. And let's look at the no strategy what you're doing maybe right now by making your payments. I am a firm believer in this is serious. So, this is why I'm so passionate about getting the word out. It's not about how much money I can make by running a YouTube channel. That's never been my passion. My passion is getting this word out that people have to be educated. This is your money that you are throwing away. 54 extra months doing the debt ball, but 154 months making your payments. >> To me, there is no comparison. There is there's just no reason why somebody couldn't look at this and say, "Well, of course I'm going of course I'm going to use a line of credit." I mean, you would literally want to go down the road and throw your money out the window because you can stop it. And this is proof that you can stop it. So, I'm sorry, Craig, but I've got >> No, I mean, it's there there's there's more to just getting out of debt. And you, Kristie, you and I talked about this the other day of um think of families that are in the debt situation. They're stressing the family, there's stress in the marriage, there's stress with the kids, there's >> it just it's not the way we want to live. And if there's a better way, why not go do the better way? And it is very very frustrating hearing the the people out there that don't practice this. I do this myself. I can tell you in my own life, I've used an all-in-one helock for 5 years. I paid my house off multiple times because I'm I'm recycling that money and then doing other things with it and recycling it and and it's just wild to I wish I would have known about this 20 years ago, but it is what it is. Now, it shows you how much interest we're still going to be paying some interest out to the city banks and the student loans and the cars. 7500 versus the 30. So now you kept 23,191 that otherwise would have gone to somebody else. That's what you're keeping. Now this is the second step because what what I what I teach is and what I talk about is this is efficiency. Getting your debts efficiently ordered. This is the hands down the fastest way of doing it. Velocity banking is fast the fastest way of getting out of debt. I've run numbers and run numbers and run numbers. Velocity banking is the fastest way to get out of debt. And one of the things I like to talk about is this is great, but what if what if we could add one more element to this picture where we might slow the velocity banking down a little bit, but we can build some wealth at the same time. That's where the infinite banking and if you're not familiar with infinite banking, you know, that's a whole another subject. But what I want to do is I just want to come in here and say what if we had a specially designed whole life policy that was built for high cash value. That's what my team does. Let's just say we went in and we took $500 a month. What did that $500 a month do? Well, it reduced our net cash flow from $1,300 to $866. Like, wait a minute. What are you doing, Craig here? You're you're telling me I should go pay $500 a month to a specially designed whole life policy. Dave Ramsey says whole life is a ripoff. Well, let's let's let's look at it and just see does it make sense. What I'm doing is I'm going to redirect $500 a month into let's just change this over into a policy. And this is just a sample policy. Everyone's numbers would be different. But let's just say every month I'm putting $500 a month into a specially designed whole life policy. Month one, 500, month two, 500. I'm just going to keep doing that. That's where my savings is going to go practically for the rest of my life. Let's just say I'm going to keep doing that. Now, once a quarter, just like velocity banking, we're going to take a loan from that policy. We're going to take a chunk out of it. We're going to throw it at our debts. So, now think about you have this other thing, infinite banking, going, and you're taking money out, throwing it at debts. And you have velocity banking running and you're taking chunks and you're throwing the debts. So, we now have two things we're throwing at our debts. Now, what others will say out there is, well, you're creating debt in your policy and you're creating debt in your velocity banking. Absolutely. We're taking we're taking all those third party debts and we're moving it into a system that we benefit and control. But mathematically, how does it work out? So, I'm going to hit this activate, which means every quarter, I'm taking the maximum loan for my life insurance policy and I'm going to throw that at my debts. Every I'm going to take my chunk sizes and throw that at my debts. So, now in this payoff table, it starts getting a little more complex, but we can see what does the avalanche look like by itself? What does infinite banking look like? What does velocity banking look like? And what's this trifecta thing? What is that? Well, that's using the avalanche ordering, running the $500 a month through the through the policy, doing velocity banking with our heliloc. This is the whole picture. 31 months to get our third party debts out of our life. Okay? So, all the debts are gone. We've refinanced those debts into our whole life policy in our in our velocity banking tool. If you remember, we were done in what, 32 months before? >> Yeah. So now it's 39. So look, we we slowed things down a little bit, but I'm going to ask you, who would be willing to slow it down a few months, but at the end of that debt cycle, you freed up $1265 of cash flow. You have $15,000 built up in your whole life policy that's available for you to use again. You have a death benefit of over $128,000. Your line of credit's filled back up. Your policy's restored. So, this is where we can build some wealth while we're getting out of debt, but we need some extra cash flow to do it. That's what we call the trifecta using all three of those strategies together. Now, you may a point be at a point where you need to do this for a while and then and then you can get a line of credit and do some velocity banking and as you free up some cash flow, then maybe say, "Hey, let's let's go to the next step and do the trifecta." So, we're going to meet everybody where they are and help kind of transition and get into a better place. But, you know, this this is what we're trying to get people to is when you when you just do the velocity banking, think of it this way. Yes, you have a line of credit that you can use for emergencies and whatnot. But if we can tack on the infinite banking piece of this, too. Maybe that's a source of of funds that you can use for your next car purchase. Um, it could be an opportunity fund where you put that money to work and we create that positive arbitrage just like the banks do. You put your money in the bank, they pay you a little bit, then they loan it out to others and they make that that arbitrage and the interest.

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