Watch this webinar to gain a greater understanding more of the latest trends in Real-Time payments and digital banking. Additionally, we will be exploring the need for “Payments Modernization” that will lead to the development of payment hubs and the use of APIs as a way to generate new revenue streams. · Kevin Patton: Director Solution Consulting - ACI Worldwide · George Throckmorton: Managing Director, Advanced Payment Solution Group - NACHA · Moderator David Beach: Editor - Bobsguide
Views: 107 ACI Worldwide
SUMMARY: In the above video I reveal a powerful strategy that is practically available to all, but is known and fully understood by a very few. If one takes the time to learn and implement this method of eliminating debt, one may find themselves pleasantly surprised of how quickly their home mortgage, auto loans, student loans or business loans can be completely paid off. This strategy is known as Velocity Banking and in the video I will demonstrate how Velocity Banking can be used to pay off a 30 year home mortgage in just 5-7 years without sending double payments to the bank or changing one’s current level of income. RECAP OF THE VIDEO: I start off by creating a scenario of a financial situation by taking an average household net income in the United States combined with some of the basic monthly expenses: home mortgage, minimum payment on a credit card, car payment and living expenses which include groceries, utilities, gym membership… Once all expenses are identified and subtracted from the net monthly income it is important to understand the impact of cash flow, the difference between a loan and a line of credit, how the interest of a loan and a line of credit is calculated, and how monthly payments on a mortgage are dispersed between interest and principal paydown. To help demonstrate these differences I create tables and an amortization graph. As I go on to unveil the main differences I also identify the biggest reason why nowadays most homeowners are unable to payoff their home mortgages due to the unstrategic use of home refinancing. By this point having had identified the difference between a loan and a line of credit I can reveal the benefits of utilizing a line of credit to pay off a home mortgage in 5-7 years. This is where I get into the Velocity Banking strategy which incorporates an unaccustomed method of moving one’s entire monthly paycheck into a line of credit instead of the accustomed checkings and savings accounts. By adopting this method one can leverage a line of credit to free up cash flow, gain cash back rewards, build credit history and improve credit score, but the greatest leverage created is the thousands if not hundreds of thousands of dollars in interest savings. KARL'S MORTGAGE CALCULATOR APP: https://itunes.apple.com/us/app/karls-mortgage-calculator/id1025852681?mt=8 Android version: https://play.google.com/store/apps/details?id=com.drcalculator.android.mortgage ★☆★ SUBSCRIBE TO MY YOUTUBE CHANNEL FOR VIDEOS ABOUT REAL ESTATE AND BUSINESS ★☆★ ► Velocity Banking & Real Estate Investing Course - Please email me at [email protected] for more information. ★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★ FACEBOOK: https://www.facebook.com/Laura-Pitko-1464576883611081/ INSTAGRAM: https://www.instagram.com/laura_pitko24/ DISCLAIMER: I (Laura Pitkute) am not a financial advisor, real estate broker, a licensed mortgage broker, not a certified financial planner, not a licensed attorney, and not a certified public accountant, therefore please consult with a competent professional prior to engaging in any financial strategies. Not everyone will experience 100% success rate by using this strategy as it requires a commitment to keep applying this strategy over time until the desired result is achieved. I (Laura Pitkute) do not promise or guarantee any specific outcomes and/or results from the use of this strategy.
Views: 2559677 Laura Pitko
We all know that making fortnightly repayments will save you thousands in interest and shave years off your home loan. But, that is only true if your bank calculates the fortnightly the correct way! If they don't... you may as well keep paying monthly - as it won't make any difference! Unless, of course, you take control of the exact amount of repayment you make every 2 weeks. You can beat the bank at their own game - if you know how!
Views: 653 Daniel Eigenmann
SUMMARY: This is a requested video of the Velocity Banking strategy I shared in my “How to pay off a 30 year home mortgage in 5-7 years” video, but rather than focusing on mortgages this video is all about student loans. The purpose of this video is to provide insight into the step by step process of implementing this strategy as well as understanding the terms associated with a student loan. Follow along with me in this video to learn how quickly you can pay off your student loan debt and to find out how much money you can save in interest using this strategy! RECAP OF THE VIDEO: I start off by explaining the significance of cash flow and how you can identify and maximize your cash flow by using a budget. I go on to identify the terms of a student loan and clarify the outcomes of a deferment. Then I introduce the strategy by explaining how a line of credit can act as a tool which will chip away at the student loan principal balance in large massive chunks. Once the line of credit is in place which can be either a credit card or a personal line of credit, this new tool becomes the main banking tool acting as both a checking and savings account in one. The implementation of the strategy begins by taking 3/4th of the limit of the line of credit to use as principal paydown on the student loan. Reason 1 for using only 3/4th of the line of credit limit is to avoid getting the account frozen and reason 2 is to leave extra room with access to money incase of an emergency. Once net monthly income and monthly living expenses are identified, the next step is to see how long it will take to pay off the new balance that is on the personal line of credit. With my example, I go on to show that it will take 10 months to pay off a balance of $15K and using an amortization calculator you can put in your numbers to figure out how many times the chunking method would have to be repeated until the student loan is completely paid off. VIDEOS IN THIS SERIES: How to create a budget: https://youtu.be/Luu3ETRDleE How to pay off a 30 year home mortgage in 5-7 years: https://youtu.be/4GonTct2WMk Understanding how to calculate credit card/ (PLOC) interest: https://youtu.be/J9978byclgk AMORTIZATION CALCULATOR APP (KARL'S MORTGAGE CALCULATOR): https://itunes.apple.com/us/app/karls-mortgage-calculator/id1025852681?mt=8 ★☆★ SUBSCRIBE TO MY YOUTUBE CHANNEL FOR VIDEOS ON FINANCIAL LITERACY, REAL ESTATE AND BUSINESS ★☆★ ► Velocity Banking Course - Please email me at [email protected] for more information. ★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★ FACEBOOK: https://www.facebook.com/Laura-Pitko-1464576883611081/ INSTAGRAM: https://www.instagram.com/laura_pitko24/ DISCLAIMER: I (Laura Pitkute) am not a financial advisor, real estate broker, a licensed mortgage broker, not a certified financial planner, not a licensed attorney, and not a certified public accountant, therefore please consult with a competent professional prior to engaging in any financial strategies. Not everyone will experience 100% success rate by using this strategy as it requires a commitment to keep applying this strategy over time until the desired result is achieved. I (Laura Pitkute) do not promise or guarantee any specific outcomes and/or results from the use of this strategy.
Views: 36018 Laura Pitko
Paying off your mortgage in 5 to 7 years can help you change your life. Find out your mortgage options here: https://goo.gl/1up9dK SUMMARY In this video, Dave shares how to pay off your mortgage early. Dennis in Charlotte, North Carolina, just bought a house with a 30-year mortgage and a 3.6% interest rate. He’s considering refinancing to a 15-year mortgage and taking his money out of mutual funds in order to pay off his mortgage fast. Dave suggests refinancing to a 15-year mortgage to reduce Dennis’ interest rate, which would save him money in the long run. This means Dennis could pay off his mortgage in 5 to 7 years! If you want to get serious about paying off your mortgage early, you have to commit to paying a little extra on your regular payment in order to put a dent in your principal balance. Adding even just one extra payment each year can take years off your mortgage! RESOURCES Use Dave’s Mortgage Payoff Calculator to see how fast you can pay off your mortgage: https://www.daveramsey.com/mortgage-payoff-calculator Get some ideas on easy ways to cut costs and pay off your mortgage in 5 to 7 years: https://www.daveramsey.com/blog/how-to-pay-off-mortgage-early Have other questions about mortgages? We’ve answered them here: https://www.daveramsey.com/blog/mortgage-questions THE DAVE RAMSEY SHOW The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country! Watch video profiles of people just like you as they call in from Ramsey Solutions to do their debt-free scream live. The show streams live on YouTube M–F from 2–5pm ET! Watch here: https://www.youtube.com/channel/UC7eBNeDW1GQf2NJQ6G6gAxw
Views: 110414 The Dave Ramsey Show
Real-time payments are now becoming the norm in the financial services industry. Banks, therefore, are experimenting with innovative business models around payments, explains Gururaj Deshpande, Delivery Head, Cards & Payments, Infosys.
Views: 1306 Infosys
Presented by Dr. Brad Pragnell. Beginning with the introduction of UK Faster Payments in 2008, there are now dozens of faster payment systems in operation or being developed. This webinar traces the emergence of these systems, exploring how faster payment systems are both different from and similar to traditional bank-based payment systems. Importantly, the webinar will explore the implications of faster payment systems for emerging economies, issues for industry participants and policymakers and where these systems sit alongside other innovations such as mobile payments and distributed ledger technology.
Views: 200 DFS Observatory
IBM combines effective processing and robust security to deliver SWIFT and other High Value Payments better Learn more about IBM payment solutions: https://www.ibm.com/industries/banking-financial-markets/banking-payments-transactions
Views: 152 IBM FinTech
If you want to send money from your account, you can do it easily - and 24/7 - through Online Account Management. In this video, we explain what information you’ll need to send a Faster Payment and how you can do it on any device – mobile, tablet and desktop. TM YT V2 07/16
Views: 603 thinkmoneyuk
Mastercard tackles faster payments in the UK, smart watches and open banking Mastercard tackles faster payments in the UK, smart watches and open banking This week has been a busy one for Mastercard, with several announcements and tie-ups with companies in the areas of payments, open banking and smart watches. One of these firms is challenger bank Starling, which will help Mastercard settle funds sent within the UK through its Mastercard Send service. Banks and other businesses will be able to send and receive real-time P2P and corporate disbursement payments to UK bank accounts through the domestic Faster Payments scheme, supported by Starling B... SUBSCRIBE To Our Channel : https://www.youtube.com/channel/UCPMjaOmdSqkcKmrntN5TF4Q Facebook : https://www.facebook.com/World-Breaking-News-1801911953358902/ Twitter : https://twitter.com/trinhhuuminhly Google+ : https://plus.google.com/u/0/101746655803030079868 Pinterest : https://www.pinterest.com/adanjanuzai/ Wedsite : http://www.bbc.com/news Instagram : https://www.instagram.com/world_breaking_news_tv/ Source : http://c.newsnow.co.uk/A/2/941255065?-: Thanks For Watching Video. Please SUBSCRIBE
Views: 24 World
Learn how to pay off your mortgage in 5-7 years with Velocity Banking. This strategy can be used to pay off your student loans, a car, rental properties and more. Click Here To Get Help With Velocity Banking: https://valleyinvestmentclub.com/velocity-banking-training Zach Oehlman started investing in real estate over 5 years ago and has since built a team of real estate investors in Arizona and Chicago. His primary focus is on education and personal development to help people get started in real estate or take their real estate investing to the next level. He and his team is a firm believer that you need to have a local team of people to support you to take your business to the next level. This is why he started a local real estate investing club and leased a 2,400 sq/ft office for his team to meet and use on a daily basis. He has people that have been in the business over 35 years all the way down to people that are brand new and everyone in between. They cover fix and flips, wholesaling, multi-family, rentals, subject-tos, notes, tax liens/deeds, auctions, foreclosures, short sales, lease options, creative acquisitions, land development, commercial, and more. Want to learn to work with Zach and his team? Get access to their #1 real estate investing courses and more. Come join us at a property tour where we actually do a walk through and share all of the details. Sign up here: https://meetme.so/Property_Tours. Want to schedule a one-on-one with Zach to learn more about what he does? Click here to schedule an appointment with him: https://meetme.so/ZachOehlamn Check out our website to learn more about what we do, get free resources on credit repair and business credit: www.valleyinvestmentclub.com Download my free book on Velocity Banking where we show you how to pay off your 30 year mortgage in 5-7 years without making any more money: https://valleyinvestmentclub.com/velocity-banking/ Get my free credit repair letters that I actually used in my credit repair company: https://valleyinvestmentclub.com/credit-repair/ Want to join our team of real estate investors and get access to all of our resources including capital, properties, and more. Click here to schedule an appointment: https://valleyinvestmentclub.com/join-our-team/ Check us out on Facebook: https://www.facebook.com/valleyinvestmentclub/ #zachoehlman #RealestateInvestors #realestateinvesting #TV #valleyinvestmentclub #realestateinvesting #fixandflip #Fixorflip #property #realestateincome #incomeproperty #fixandflipproperty #fliphouses #realestateinvestortraining #rei #realtor #multifamily #subject-to #Pheonixfixandflip #phoenixrealestateinvesting
Views: 96880 Valley Investment Club
Levi talks about why he won't pay off his mortgage and asks "Who do you think benefits from you paying off your mortgage early?" He runs some different scenarios and compares who makes the most return on their money comparing both early repayment and full term scenarios. Levi's is not a finacial planner and is not offering investment advice. This is an opinion channel only and you are encouraged to seek professional finacial planning advice. He is long in all of the positions listed in this video.
Views: 1099922 Drawbridge Finance
We're looking to the future and searching for new ways for you to get the most out of your banking. So we're jumping onboard with several other banks and financial institutions to bring you a nationwide initiative called the New Payments Platform - commonly known as NPP. Watch this video to find out how make an NPP transfer. To learn more visit www.qccu.com.au/npp
Views: 362 queenslandcountrycu
See how you can save $180K on your mortgage by using this simple strategy. This is the details behind the strategy. Click Here To Get Help With Velocity Banking: https://valleyinvestmentclub.com/velocity-banking-training Zach Oehlman started investing in real estate over 5 years ago and has since built a team of real estate investors in Arizona and Chicago. His primary focus is on education and personal development to help people get started in real estate or take their real estate investing to the next level. He and his team is a firm believer that you need to have a local team of people to support you to take your business to the next level. This is why he started a local real estate investing club and leased a 2,400 sq/ft office for his team to meet and use on a daily basis. He has people that have been in the business over 35 years all the way down to people that are brand new and everyone in between. They cover fix and flips, wholesaling, multi-family, rentals, subject-tos, notes, tax liens/deeds, auctions, foreclosures, short sales, lease options, creative acquisitions, land development, commercial, and more. Want to learn to work with Zach and his team? Get access to their #1 real estate investing courses and more. Come join us at a property tour where we actually do a walk through and share all of the details. Sign up here: https://meetme.so/Property_Tours. Want to schedule a one-on-one with Zach to learn more about what he does? Click here to schedule an appointment with him: https://meetme.so/ZachOehlamn Check out our website to learn more about what we do, get free resources on credit repair and business credit: www.valleyinvestmentclub.com Download my free book on Velocity Banking where we show you how to pay off your 30 year mortgage in 5-7 years without making any more money: https://valleyinvestmentclub.com/velocity-banking/ Get my free credit repair letters that I actually used in my credit repair company: https://valleyinvestmentclub.com/credit-repair/ Want to join our team of real estate investors and get access to all of our resources including capital, properties, and more. Click here to schedule an appointment: https://valleyinvestmentclub.com/join-our-team/ Check us out on Facebook: https://www.facebook.com/valleyinvestmentclub/ #zachoehlman #RealestateInvestors #realestateinvesting #TV #valleyinvestmentclub #realestateinvesting #fixandflip #Fixorflip #property #realestateincome #incomeproperty #fixandflipproperty #fliphouses #realestateinvestortraining #rei #realtor #multifamily #subject-to #Pheonixfixandflip #phoenixrealestateinvesting
Views: 62506 Valley Investment Club
Turnaround times of less than 10 days. On average, our providers are paid within 7 to 10 business days of Integra's receipt of a payment. Providers receive an average reimbursement of 45 days, from claims submission to cash in their bank. Tim Mollenhauer: Our DSO is now 43 days. This is 43 days in an industry that's running DSOs from 90 to 120 days. We have DSOs now that are just unheard of in this industry, denials. All the billing that Nora and Rita and their team does just do a great job. And we get paid very quickly. Eric Tosky: Integra is the fastest payer among all the networks that I've ever had experience with. Usually, from the time that a claim is put in, I sometimes am paid in three and four weeks from the time that the claim was processed. As far as partial payments which are famous within the insurance industry, Integra goes after those delinquent payments in a much more aggressive way that I do for my other claims. So sometimes I'm getting payments from Integra for insurance company problems six, eight months later, meaning that Integra's been working on those issues with these insurance companies for six or eight months. Sometimes, we write those off for our other insurance contracts. Brittney Riley: I get paid very promptly through Integra. And what's great about them is that whether it's a partial payment, or a late payment, they have a great line of communication and they let you know very quickly if there's anything they need or if there's any problems. So that's very important because it's a valuable resource. Peter Gromul: We collect an average of about 45 days. Integra makes it very efficient and fairly fast for us to collect on a variety of claims. And definitely saves overhead as far as Accounts Receivable is concerned. Neil Bergman: I trust the network totally. I get payments consistently, in a timely manner. And they fight for me when there are denials, occasional denials, and partial payments.
Views: 287 IntegraPartners
Instant, Convenient, Digital, Customized: • Create an account, choose your payment mean seamlessly, • Personalize & Print your card in less than 10 minutes, • Receive your PIN instantly at your convenience, • Digitalize your payment card for faster payments
Views: 33020 Gemalto
You can use the equity in your home to get a home equity line of credit. Subsequently, you can use the funds to pay of your mortgage early while then using the HELOC as a checking account. This arrangement will allow all funds that you have to not sit in an account to learn low or no amount of interest. Of course, doing so has some down sides. Watch to video to see what they are. Audible Free Audiobook Trial: http://www.audibletrial.com/BeatTheBush Patreon: http://www.patreon.com/BeatTheBush GameFly: http://www.gameflyoffer.com/beatthebush Did I help you save loads of money and completely changed your life? Would you like to tip me? Try these: Paypal: https://paypal.me/BeatTheBush (No fees with bank account source) BTC Wallet: 14hKQybuzyEEeL78aML3QMxboqtdDcmDQi ETH Wallet: x9f462079D58127156104C32B5648F066624FB43B My Equipment: https://www.amazon.com/shop/Beatthebush ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ My Channels: https://www.youtube.com/BeatTheBush https://www.youtube.com/BeatTheBushDIY
Views: 256265 BeatTheBush
Getting rid of credit card debt is more about changing your spending habits than just paying it off. This is because if suddenly you got a bunch of cash to pay it off, most will often just spend the same or even more since they are suddenly out of debt. Let me convince you that getting out of debt is important. Let me give you pointers to remind you how painful and wasteful it is to keep the debt. Simply getting rid of it means MORE money for you, not less. Products in the background of this video: Peas in a Pod Plush: http://amzn.to/1o0O9SX Dinosaur Plush (T-Rex): Vintage, cannot buy anywhere. . Support more videos like this along with getting a bunch of perks here: http://www.patreon.com/BeatTheBush Get a free audiobook and 30-day trial. Even if you cancel, you still keep the book and you still support my channel for signing up. Support my channel by signing up to help me make more videos like this: http://www.audibletrial.com/BeatTheBush Credit Card for Starters Who Should NEVER Get a Credit Card: https://youtu.be/aNYZkMgTyb0 Only Use Credit or Only Use Debit: https://youtu.be/J0ZRgBIG39Q Credit Card Basics How Credit Card Calculates Interest: https://youtu.be/0Z2nWQdqa2A How Credit Card Grace Periods Work: https://youtu.be/8WuH3-PsjCA Difference Between Credit Card Inactivity and 0% Utilization: https://youtu.be/rtfJMZf_IrM Credit Card Statement Closing Date vs. Due Date: https://youtu.be/3-knvT7JbTk Does Canceling Credit Cards Affect Credit Score: https://youtu.be/jYGZukw5i-Q Can You Afford a No Limit Credit Card: https://youtu.be/sdAh7hzgJoU Credit Card Balance Transfer Hack: https://youtu.be/F2Foqg2ZTEw Credit Score Less Than 700 Maximize Credit Score while in College: https://youtu.be/pxGECoQoLLA Build Credit Fast with a $500 Credit Limit: https://youtu.be/attQKzngqoE How to Pay off Credit Card Debt: https://youtu.be/XY8YSPapnF8 How to Build Credit with Bad Credit or No Credit [w/ Self Lender]: https://youtu.be/RNXutBGAnlM How to Boost Your Credit Score Within 30 Days: https://youtu.be/LyBjciz4-zg Credit Score More Than 700 How to Increase Credit Score from 700: https://youtu.be/MCFKNBcyAWs 740+ is Not Just For Show: https://youtu.be/1fGcpxurzgU My Credit Score: 848, How to get it Part 1: https://youtu.be/dEZLZQXRBjQ My Credit Score: 848, How to get it Part 2: https://youtu.be/Y6-SB35C7Pc My Credit Score: 848 - Credit Card Hacks and How I got it: https://youtu.be/8Xz3hi3VWfM Advanced Credit Card Tricks How to get a Business Credit Card: https://youtu.be/S3srld5_l5Y Keep 16 Credit Cards Active: https://youtu.be/yAzkEK8Y6E8 Rejected for a New Credit Card with 826 Credit Score: https://youtu.be/66O505Oj5e4 Make Credit Cards Pay You Instead: https://youtu.be/wKMJdX1fQJA Credit Card Low Balance Cancellation $2 per mont [Still Works]: https://youtu.be/2DJjfvcMCcg Cash Back Are Credit Card Points Taxable?: https://youtu.be/Tw90h8I5JNk How to Churn Credit Cards: https://youtu.be/uw__fl38Dk4 Best Cash Back Credit Cards for 2017: https://youtu.be/e_uJweUsiDk 5% Cash Back on Everything: https://youtu.be/q9g_rySm_tI Always get 11% Off Amazon Gift Cards and Amazon Hacks: https://youtu.be/vbv6Rj2uUr4 Max Rewards: What's in My Wallet: https://youtu.be/cmJDFcbjFho How I Make 200 Dollars in 10 Minute [Hint: Credit Card Bonus]: https://youtu.be/pegq4G7ZhTI When Your Best Cash Back Card Gets Cancelled: https://youtu.be/pe7OuqxGi9M Amex Blue Cash Preferred vs. Everyday Effective Cash Back on Groceries: https://youtu.be/3ezD_QwS5e0 Double Dip Groceries Cash Back with Safeway Just for U: https://youtu.be/7kBl0W_L29U Milk the Barclays Cashforward Card for the MOST Cash Back: https://youtu.be/qf2gvrk6Evo Other Channels: BeatTheBush DIY: https://www.youtube.com/BeatTheBushDIY
Views: 97967 BeatTheBush
Paying off your home loan is pne of the best financial goals that you can have. The cost of interest over a 30 year loan can more than double the cost of buying that property in the first place. But it doesn't have to be that way. You can beat the bank and pay down your mortgage so much faster and it doesn't have to come with too much pain. Small and regular things can have a powerful effect and not only mean that you are debt free years sooner but save you thousands of dollars in interest. To book an appointment either via Skype or in Sydney, go to: http://sugarmamma.tv/# My eBay account for my $1,000 Challenge is: http://www.ebay.com.au/usr/missm8880 To read about The $1,000 Project: http://sugarmamma.tv/the-1000-project/ Link Love Website: www.SugarMamma.TV Facebook: https://www.facebook.com/SugarMamma.TV/ Instagram: https://www.instagram.com/sugarmamma.tv/?hl=en What I am wearing: Balmain Blazer: http://rstyle.me/~9wMlK Simular ones Budget Friendly: http://rstyle.me/~9wMmE Mid Range: http://rstyle.me/n/cc6rmmb9bi7 AUS Mid Range: http://rstyle.me/n/cc6rqab9bi7 AUS Budget Friendly: http://rstyle.me/n/cc6rvib9bi7 UK Mid Range: http://rstyle.me/n/cc6ryhb9bi7 UK Budget Friendly: http://rstyle.me/n/cc6r32b9bi7 Make Up Face: http://rstyle.me/~9wMuv Face: http://rstyle.me/~9wMuv Checks: http://rstyle.me/~9wMwY Eyes: http://rstyle.me/~9wMxN Mascara: http://rstyle.me/~9wMy8 My absolute favourite mascara! Lips: https://www.isolaherbals.com/product/be-wild-beach-salve/ SugarMamma.TV is all about educating, inspiring and empowering everyday people to create financial harmony, freedom and independence in your life. Bite sized videos, with quick and easy to understand tips, that you can apply straight away and see the results. SugarMamma.TV is a powerful movement making money and finance more approachable, energetic and enlightening.
Views: 36525 Sugar Mamma
And get 42 rentals in 10 years....PAID FOR FREE AND CLEAR! Now Transcribed: S1 00:02 All right, everybody. So in under 20 minutes, I'm going to be showing you how to get 42 rental properties in 10 years, free and clear, all paid for, as well as lower your mortgage dramatically. Ready, set, go. All right. So when we get paid, the average American salary-- a husband for the wife is $30,000 a year, we're going to go ahead and add that together. That's $60,000 a year. Then we're going to do it in monthly increments, which is $5,000 a month. And when they get paid that $5,000 a month, where do they put it? Inside of the checking account, right? So we have a checking account on this side, the savings account on this side, right? Okay. Well, since that's the case, what happens when we live like that? Do we not have a cash basis that we're living on? And so that's what we're living by. We're living by the cash basis. Now this is what I mean. S1 01:10 When you have a mortgage payment of $1200, you can't touch that mortgage payment for that month. So I mean, if you do, you're not going to be able to pay the mortgage. All right? So let's go over here where the loans are. You have mortgage payment of $1200 a month. You got a $200,000 mortgage at 6%. You also got a couple cars, right? And you're paying $600 a month on them. So we're going to put that right there. We're also going to have the national average credit card liability is $600 a month, and you have $600 a month right there. And you also have some expenses because you have a cell phone, you got that major data plan, you've got food that you got to take care of, maybe want to do some little dining out and all that. So you got $1200 in expenses right here. You have $1400 left. Where do they teach you to put it? Into the savings account, right? S1 02:18 Okay. So you have $1400 into your "savings" account. Now the reason I put that in quotations is because the bank can call it whatever they want. It's just an account where you put your money and you feel good about it because they call it savings. But really, it's a lending pool [laughter]. Because if you saved up $10,000 and you want a nice, used minivan, you're not going to touch the $10,000 that you saved up. You're going to go get a loan at 6%. And guess what the bank is going to do. Because all of your savings account, like everybody that's contributed to the savings account, that's part of the lending pool. So your $10,000, they're going to take your $10,000, give it to you, and say, "That'll be 6% interest." That sounds scammy to me. So that's what the savings account is all about. Let's go ahead and give you the $600 a month. We're going to show you what that looks like on the credit card side. So we're going to label this side lines. So lines over on this side, and loans are over on this side. It's going to be very important, all right? S1 03:27 Say you've got a credit line of $15,000, you've got a balance of $12,000 on the card, and your $600 a month monthly payment at 21%. Now there's a lot of people that are like, "You know what? 6% is better than 21%." But I'm going to show you how 6% over here on this side is actually greater than the 21% by a lot. So anyway, so we have this model right here. This is called the employee mindset model. Because $5000 is going into your bank account, and $5000 is coming out of your bank account. That equals a cash flow of-- what's 5000 minus 5000, guys? Zero. So you have a cash flow of zero right now. Many of us were brought up with the employee mindset, and that employee mindset says, "Well, how much do I make?" And we look at that top number right here, the $5000. While the wealthy mindset is, "Well, how much do I cash flow?" And that's what they're concerned about. S1 04:35 So we're going to take a look at what the wealthy do in order to utilize their finances and have their money work for them. So instead of using a checking and savings account - that's not what the wealth do - they actually bypass the checking and savings account, and they put all their money into the lines of credit. Now why would they do that? Well, first of all, you see this $600 a month minimum payment that you're making? Well, you no longer have to do that because all the $5000 is going into your line. So you no longer have this payment right here, which means this payment is going to go down here. $600. And because we're not chumps, we're not going to have savings accounts anymore. We're actually going to focus on cash flow, and so now we are up already to $2000 a month in cash flow. So now that we have that, let's graph this whole concept so that we can get a better picture of what we're doing. Let's graph it. S1 05:42 We got $12,000 a balance. 15K is the limit. What happens when we put $5000 into our line of credit? Because no longer are we spending $5000. We're now spending just $3000. The rest is actually a cash flow. So let's do this. Let's graph it out. $5000 in, $3000 expenses..
Views: 277786 Conanjay Wallace
Did Matt just eliminate over $90,000 in interest costs in just 30 months!? Paying off your mortgage and non-mortgage related debts is well within reach when you are using debt weapons. See the power debt weapons can have in your life with this demo from Matthew Pillmore, President of VIP Financial Education. In this demonstration, you'll see how you can pay off credit card debt, auto loans and your mortgage faster than you ever thought possible. The road to debt free just got a lot shorter. Don't forget to sign up TODAY for your exclusive one on one consultation at: http://www.FreeCoachingCalendar.com Check out the videos Matt mentioned in the video - $18,000 Debt Weapon - https://www.youtube.com/watch?v=W_djnweeVNE 50k in Cash - https://www.youtube.com/watch?v=mnjtPbyem8E Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ Complimentary Services and Products mentioned in our videos are available for a limited time only and are not guaranteed at the viewing of this video. VIP Financial Education provides resources for educational purposes only. Our education is not a substitute for Legal, Tax, or Financial advice and results vary. VIP Financial Education encourages viewers to do their homework before taking any financial action. VIP Enterprises, LLC may from time to time earn commissions by recommending various products, services, and programs. #HowToPayOffAHome #DebtFree #VIPFinancialEd
Views: 151749 VIPFinancialEd
Too many Americans stay in debt longer than necessary simply because they don’t understand the relationship between principal payments and simple interest. Figure out your mortgage options here: https://goo.gl/1up9dK SUMMARY In this video, Meagan from Bakersfield, California, calls Dave to talk about principal payments on her home mortgage. She is currently in Baby Step 2—paying off her debts using the debt snowball method. As she begins to think about her mortgage, she asks Dave, “How do principal payments work?” Dave breaks it down with a simple interest calculation. Take the interest rate of your mortgage, divide it by 12 months, and then multiply it by the outstanding balance that month. That will give you the interest charged for that specific month. The rest of your payment goes to principal. To break it down further, Dave gives a simple interest calculation example. He explains that your mortgage payment will stay the same each month, but as you pay more on the loan, you’ll begin to see more of each payment going toward principal and less going toward interest. This simple interest calculation is a basic way to understand how principal payments work and outlines a way to pay off your mortgage fast! RESOURCES Want to estimate your monthly mortgage payment? Check out our Mortgage Calculator: https://www.daveramsey.com/mortgage-calculator To learn more about the Baby Steps and how you can start knocking out your debt, visit our site: https://www.daveramsey.com/baby-steps Have other questions about mortgages? We’ve answered them here: https://www.daveramsey.com/blog/mortgage-questions THE DAVE RAMSEY SHOW The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country! Watch video profiles of people just like you as they call in from Ramsey Solutions to do their debt-free scream live. The show streams live on YouTube M–F from 2–5pm ET! Watch here: https://www.youtube.com/channel/UC7eBNeDW1GQf2NJQ6G6gAxw
Views: 76064 The Dave Ramsey Show
SWIFT has taken a modular, component-based approach to its real-time payments capabilities allowing functions to be combined and/or re-used. Components and features of SWIFT’s solutions include a low latency domestic messaging channel (DMC), a resilient and secure approach leveraging PKI encryption, a payment gateway (PAG) that manages pre-clearing/pre-settlement messaging between parties (banks and the domestic settlement providers) and provides an API for integration with overlay services, and an addressing database to link and maintain short-name aliases (e.g. phone numbers) with necessary bank account information. Effectiveness Criteria addressed: • U.1 Accessibility • U.2 Usability • U.3 Predictability • U.4 Contextual data capability • U.6 Applicability to multiple use cases • E.2 Capability to enable value added services • E.3 Implementation timeline • E.4 Payment format standards • E.5 Comprehensiveness • E.6 Scalability and adaptability • F.1 Fast approval • F.2 Fast clearing • F.3 Fast availability of funds to payee • F.4 Fast settlement among depository institutions and non-bank account providers • F.5 Prompt visibility of payment status • S.2 Payer authorization • S.3 Payment finality • S.7 Security controls • S.8 Resiliency • S.9 End-user data protection • S.11 Participation Requirements • L.2 Payment system rules
Views: 58281 FedPayments Improvement
Fetch payment solutions help Kiwi businesses get paid faster. Fetch invoice payments Accept MasterCard and Visa credit and debit card payments online, even if you don't have a website. To find out more visit Kiwibank.co.nz/Fetch or call 0800 2 FETCH
Views: 559 KiwibankNZ
Innovations that enable faster payment processing -- at or near real time -- are changing how people around the globe use money. Even the U.S., a relative laggard, is seeing movement by both industry and government. The proliferation of these new payment solutions may call into question the future of traditional services like cards, checks and the existing interbank infrastructure. Yet the outcome is far from clear. We know that the use of faster payment systems is growing, but is there enough demand that they might actually displace traditional services? Furthermore, the impact of faster settlement on the economy may not be fully understood. What are the risks and the advantages for consumers, merchants and governments? Moderator Jackson Mueller, Policy Research Analyst, Center for Financial Markets, Milken Institute Speakers Daniel Gonzalez, Vice President, Payment Industry Relations, Federal Reserve Bank of Chicago Jordan Lampe, Director of Communications and Policy Affairs, Dwolla Jane Larimer, Executive Vice President and General Counsel, ACH Network Administration & General Counsel, NACHA Shivani Siroya, Founder and CEO, InVenture
Views: 726 Milken Institute
With only a few taps of a smart phone, more people are sending payments across dinner tables and around the world. This we’ll take a look some of the best options to pay family and friends, regardless of the time or distance. Some people may find it difficult to trust the latest and greatest shiny new app that lets you send money to family or friends. For this population, Western Union has upped it’s app game to address your needs. It’s a merger of the new and the old. Not only can you repay someone your half of the lunch with it; you can still use it to send money to hundreds of locations around the world. If you’re a Bank of America customer, then you can use their normal banking app to manage your account and also send money via email or a mobile number to members and non-members alike, all free of charge. Social Media Networks have also got in on the person to person payment market. Facebook enables you to send money using the dollar symbol in its Messenger app, and Snapchat offer SnapCash as a means for its users to circulate money, buy items, or pay debts. Google Wallet can be included in with the social media payment options but it has the added benefit of being a form of payment in many retail establishments. Finally, the last two apps are the easiest and most popular for person to person payments. SquareCash is from Square, the company that became famous for the credit card readers that attach to your phone. SquareCash allows you to send and receive money without the need to set up an account beforehand. Venmo is the payment platform of choice for many of the people that send and receive money via their phone in the U.S. It’s very similar to the transfer feature of some banking apps, so it’s essentially become the banking app for those that don’t use banking apps. Some things to keep in mind are that almost all of the options link to a bank account, debit card, or credit card. They also use an email or mobile phone number to send/receive payments.
Views: 23 QuinceyTechnology
Our Straight2Bank Wallet allows companies to pay their employees via their mobile phones. It’s helping clients like Seroma Limited in Uganda manage their money more securely and effectively. Find out more about how we're extending access to financial services - https://www.sc.com/annual-report/2016
Views: 363 Standard Chartered Bank
Federal Reserve Bank of Chicago Vice President, Industry Relations, Connie Theien, presents more detail about Faster Payments Task Force effort to define what is needed from a faster payments capability in the United States, discussing: • The process for developing Faster Payments Effectiveness Criteria and how they will and can be used • The categories and topics covered in the current draft of the criteria • A few of the tough questions under debate, with the chance for you to weigh in and influence the criteria debate • Opportunities for you to provide further input on the criteria after the webinar
Views: 380 FedPayments Improvement
Adding a payment service in Xero will enable a Pay Now button on your online invoices so your customers can pay you faster. Learn how in this video! Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup Like us on Facebook: http://www.facebook.com/xero.accounting/ Follow us on Instagram: https://www.instagram.com/xero/ Follow us on Twitter: http://www.twitter.com/xero Follow us on LinkedIn: http://www.linkedin.com/company/xero Subscribe to our Youtube Channel here: https://www.youtube.com/user/XeroOnlineAccounting
Views: 4326 Xero Accounting Software
The Method is a powerful, money saving leverage banking strategy that can help any Canadian family save tens-of-thousands of dollars in mortgage interest, while shortening the time it takes to get mortgage free, without making extra payments. Magnetic Capital facilitates free workshops to learn The Method all over Canada.
Views: 98681 Magnetic Capital Group
Can you transfer funds faster than changing a light bulb? We were curious just how fast our app is, so we put it to the test against some everyday tasks. Now, get $200 when you open a Fifth Third Essential checking account with qualifying activities. Go to http://spr.ly/6054BXdJC for information about the offer. Fifth Third Bank. Member FDIC.
Views: 278072 Fifth Third Bank
How to Use Google Pay Step by Step in Hindi | By Ishan Download Google Pay : https://g.co/payinvite/Qq1v3 Note : Enter code at the time of first transaction : Qq1v3 to earn 51 Rupees. Tez is now called Google Pay : Google Pay is the fast, simple way to pay online, in stores and more. Book a trip, grab a meal, see a show, and enjoy new experiences – all without your wallet. Getting started on the web or with the app is easy. Just add a card, and you’re ready to go. Send money to friends, pay bills and buy online, recharge your phone, or pay at the nearby café with Google Pay, Google's digital payment app. Use Google Pay for All Your Payment Needs + Pay and receive money straight from your bank account Google Pay works with your existing bank account*, which means your money is safe with your bank. There's no need to worry about reloading wallets and you don't need to do additional KYC. Using NPCI's (National Payments Corporation of India) BHIM Unified Payments Interface (BHIM UPI), money transfers are simple & secure with Google Pay. You must have an Indian bank account with a phone number linked to it to use this version of Google Pay. *Google Pay works with all banks in India that support BHIM UPI. + Pay anyone. Even those without Google Pay Starting a payment is as simple as starting a new conversation with someone in your Google Pay contacts or by entering anyone's UPI ID or bank details. + Conveniently pay bills Pay for electricity, gas, water, DTH, mobile, and more. You only need to link your biller accounts once to pay your bill with just a few taps. Google Pay works with billers across the country. + Pay online with Google Pay Google Pay - anywhere BHIM UPI is accepted. When you checkout, look for the Google Pay logo or use your Google Pay UPI ID. + Multiple layers of security from your bank, UPI, and Google Google Pay protects your money with a world-class security system that helps detect fraud and prevent hacking. Each transaction is secured with your UPI PIN, and you can safeguard your account with a device lock method such as your fingerprint. If you ever need it, our help center, phone, and chat support are available all day, every day. + Transfer money to anyone nearby Use Tez Mode to send money securely to people nearby without sharing private details like your phone number. + Get rewarded Get Google Pay Scratch Cards (TM) in the app and be eligible to win up to ₹1,000 with each eligible transaction. If you win, your rewards go straight into your bank account. **See full Google Pay Offers Terms and Conditions for all details. + Paying in shops is easier than ever! The chaiwala nearby, neighbourhood kirana, and even your favorite salon can now accept payments on the spot with Tez Mode, all while keeping your personal and bank details private. Keep Supporting Us :- Website : https://www.ishanllb.com/ Website : http://www.eisarahi.com/ Email : [email protected] Facebook Official : https://www.facebook.com/eisarahioffi... Facebook Page : https://www.facebook.com/IshanLLB/ Twitter : https://twitter.com/ishanllb Tags:what is google pay,google pay,google wallet,How to Use Google Pay Step by Step in Hindi,Google Pay क्या है,How do I send money through Google pay,google pay se paise kaise kamaye,google pay se paise kaise bheje,google tez app se paise kaise kamaye,google pay se paise transfer kaise kare,google pay me account kaise banaye,how to transfer money using google pay in hindi,google pay in hindi,google pay use in hindi,google pay tez in hindi,ishan monitor,ishan sid
Views: 1894853 ISHAN MONITOR
Is this the best way to pay off your mortgage faster? Looking for a better way? Go to: http://HowToGetRidOfyourMortgage.com the smith manoeuvre pdf the smith manoeuvre book the smith manoeuvre calculator the smith manoeuvre the smith manoeuvre explained the smith manoeuvre review the smith manoeuvre by fraser smith the smith manoeuvre canada smith manoeuvre capitalize the interest does the smith manoeuvre work the smith manoeuvre a canadian mortgage tax-deductible plan the smith manoeuvre is your mortgage tax deductible how does the smith manoeuvre work how to do the smith manoeuvre the smith maneuver in canada is the smith manoeuvre legal is the smith maneuver legal leveraged rrsp vs the smith manoeuvre the smith manoeuvre risks is the smith manoeuvre worth it the smith manoeuvre 2016
Views: 36669 Mark Huber
Family of 5 minimalists on our way to financial independence. We paid off our mortgage of $200,000 in 3 years and wanted to share some tips for getting out of debt. CLICK SHOW MORE! _____________________________________________________ Advice for First Time Home Buyers: https://youtu.be/szzPH2isVgE Merging Finance Goals in Marriage: https://youtu.be/22I05AzHz-s 10 Ways Minimalists Save Money: https://youtu.be/JyDv5kDGN24 __________________________ For Life Coaching please email at [email protected] Why not earn cashback on your online purchases? http://www.mrrebates.com?refid=563937 http://bit.ly/2cNDk61 Order my books here: http://amzn.to/1WxYxPp Website: www.theunivereguru.com Instagram: #TheUniverseGuru
Views: 64290 The Universe Guru
http://bestcreditrepaircompanys.com/ Owning a home is a classic American dream. Unfortunately, in today's society consumers have become complacent with 30-year mortgages and paying hundreds of thousands of dollars in interest. We've complied tips from 5 industry experts on why it's important to pay a mortgage off quickly and how to can pay off a mortgage quickly. Follow these steps and you'll be ahead of 98% of the population.
Views: 976677 Best CreditRepairCompanys
In this quick Tech Talk video. I'll give you my thoughts on the new Zelle Pay option that is linked to and backed by most major banking apps and banks like JP Morgan, Citibank, Bank of American, Wells Fargo, PNC, Capital One and much more. I'll also tell you why Zelle Pay is a great mobile person to person or peer to peer ( P2P) payment option and how Zelle Pay could lead to the downfall and the end of Venmo. Find out more about Zelle Pay: https://www.zellepay.com/ More Resources and Articles: Venmo Killer? Banks Roll Out Faster P2P Payments With Zelle https://www.bloomberg.com/news/articles/2017-06-12/banks-across-u-s-debut-faster-peer-to-peer-payments-with-zelle Citi Enables P2P Payments with Zelle Network | Business Wire www.businesswire.com/news/home/.../en/Citi-Enables-P2P-Payments-Zelle-Network The biggest US banks have backed a new service that lets you pay friends faster than Venmo http://www.businessinsider.com/zelle-venmo-payments-us-banks-2017-6 Be sure to check out my other videos and playlist. Follow Me Here: Blog:https://obynnadi.com Instagram:https://instagram.com/oby_nnadi Snapchat: obynnadi Twitter:https://twitter.com/obynnadi Pinterest:https://www.pinterest.com/ObyNnadi/ Facebook:https://www.facebook.com/Oby-Nnadi
Views: 11066 Oby Nnadi
Learn the 7 steps to getting yourself out of debt for good. It's never easy but it will be worth it in the long run. Learn everything you need to know, and more, about the Infinite Banking Concept and high cash value life insurance by signing up for our free videos and books at... http://BankingforLife.org/Infinite-Banking/ Also, don't forget, you can learn also purchase my newest book, "The Simple Banking System." Get it on Amazon - http://www.amazon.com/Simple-Banking-System-insurance-investment/dp/1490911340/ref=sr_1_1_bnp_1_pap?ie=UTF8&qid=1373875495&sr=8-1&keywords=the+simple+banking+system Or on Kindle - http://www.amazon.com/The-Simple-Banking-System-ebook/dp/B00DUYBUWU/ref=sr_1_1?ie=UTF8&qid=1373875495&sr=8-1&keywords=the+simple+banking+system
Views: 778 Infinite Banking
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 298979 The Dave Ramsey Show
Session 2 : Reinventing the Banking Industry Will new payment technologies replace the banking industry’s role in payment services? Faster, Cheaper Payments: Implications of Recent Technological Developments - Karen Gifford, Chief Compliance Officer, Ripple Labs Inc.
Views: 239 ICT Spring Europe
Mortgage loan can combine with HELOC to reduce total duration of a Mortgage payment and total amount of the loan payment by reducing initial interest portion.Having a excel sheet on your own facilitates cracking down the account as with the bank.
Views: 103 Susantha Nanayakkara
VocaLink, the international payments provider, is celebrating the five year anniversary of the Faster Payments Service in the UK, with 2.5 billion transactions securely processed since its launch in 2008. In this video: Chris Dunne, Payments Services Director, VocaLink is interviewed by Finextra about Faster Payments at the 5 year anniversary of the service. Against a tough economic backdrop, the service has flourished and real time processing is now the standard time for phone or internet initiated domestic UK payments. The Faster Payments Service is the largest real time payment system in the world that operates 24 hours a day, 7 days a week, offering direct customer initiation and almost instantaneous transfer of value to the beneficiary. VocaLink processes payments on behalf of the Faster Payments Scheme Limited. The service supports businesses and consumers alike with the ability to make immediate bank transfers.
Views: 1388 Vocalink, a Mastercard company
There are many types of payment terms when creating invoices - here’s how to make invoice payment terms work for you! This video covers invoice terms and conditions you can use to get your small business paid faster. Most small business invoices are paid late, but it doesn't have to be that way! You can slash days or even weeks off your wait. It all comes down to how you invoice - from invoice terms and conditions to how you communicate with the person who can pay you. Successful businesses swear by these techniques, and we hope they work for you, too. Read our Small Business Guides: https://www.xero.com/nz/resources/small-business-guides/invoicing/invoice-payment-terms Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup Like us on Facebook: http://www.facebook.com/xero.accounting/ Follow us on Instagram: https://www.instagram.com/xero/ Follow us on Twitter: http://www.twitter.com/xero Follow us on LinkedIn: http://www.linkedin.com/company/xero Subscribe to our Youtube Channel here: https://www.youtube.com/user/XeroOnlineAccounting For Xero product support please visit: https://www.xero.com/support
Views: 931 Xero Accounting Software
Fetch payment solutions help Kiwi businesses get paid faster. Fetch web payments adds a secure payment page to your website so your customers can pay you by MasterCard or Visa debit or credit cards. To find out more visit Kiwibank.co.nz/Fetch or call 0800 2 FETCH
Views: 712 KiwibankNZ
Introducing AccessPay Payment Automation software, designed to help businesses of all sizes make and receive all types of payments; payroll, supplier payments, Direct Debits, Faster Payments and more...
Views: 4246 AccessPay
Sean Devaney, VP, UK Banking and Strategy, CGI, talks about the lessons learnt from the introduction of previous real time payments schemes, whether these lessons are being employed in more recent endeavours and what the key recommendations should be taken on board when adopting a move to real-time. For all your fintech-related news, please visit https://www.finextra.com.
Views: 43 Finextra Research
Traditional Banking is fading away, everyone is switching to online banking as its a faster means of payment! This tutorial guides you on how to use QUICKTELLER as a faster and more reliable means of making payments right from your convenience!. #QUICKTELLER #MMMNIGERIA #MMMPAYS #NKWACHUKWUNWAFOR LIKE, COMMENT, SHARE & SUBSCRIBE!
Views: 2160 Nkwachukwu Nwafor