Setting Up Velocity Banking With Credit Cards 💳

Using Velocity Banking with your credit cards does take planning but it’s also helpful for multiple reasons. It’s important if you want to use credit cards after your debt is paid off, that you learn to use your credit cards responsibly now. You should be putting normal expenses on your cards, not extra spending or only using the cards because you don’t have any money left in your bank account! #velocity #creditcard #tips #credit

[@sassysusie9243]

You are so right about it helps you to use credit cards responsibly! I pay all my cards in full by the payment due date (except one card), and it makes me very aware of how much I have spent or can spend. It keeps me focused on making sure I don't go in to more credit and once you get started, it's no as confusing as it seems. Math nerds like me, actually think it's "fun" LOL. I hope you keep doing the UA-cam long form content. The Vanntastic Finances channel really has blown up sharing this info and I really like how you present the info.

[@AshAllAboutMoney]

Thank you so much! I also think it’s fun! I’m so glad it’s helped you! Using credit responsibly is soooo important! 💜💳

[@davidsoto4044]

Love your videos Ms. Ash keep those long videos coming!

[@AshAllAboutMoney]

Thank you!! 🤗 Will do!!

[@samantha200]

So excited you are going to do long form content!!!

[@AshAllAboutMoney]

We’ll see how it goes!! 😅 but thank you!! I’m glad you’re here! 🤗

[@alloverme121]

I’m so glad I found you on UA-cam.

[@AtHomeWithJenn]

Why is the statement date important? I’m trying to follow along.

[@JH8A]

Thanks Asha very thorough and the use of black marker or ink with all the content may help for the viewer to see the content better although the colors are good its somewhat hard to see from the position . Great first time 😊

[@AshAllAboutMoney]

Thank you!! 💜 and i appreciate the suggestion, I am working on a better set up!😁

[@TheCrisses]

Using a 3 paycheck month as the example is going to make this look easier than usual. :/

[@denisemerzlmp5719]

Okay, Ive watched this over and over...and I think maybe I get it. So let's say CC#1payment due date is the 3rd and the closing date is the 6th and the bill due date falls (4th or 5th) between those two dates then that's the bill that needs to go back on CC#1 or do I put the expences back after the closing date ( bill due dated 7,8,9,10) IDK

[@denisemerzlmp5719]

I did get confused with putting my expense back on my credit cards and how much of a payment I need to pay on my credit cards. I don't know how much of a payment I need to pay on my CC (more than the min) correct? I really want to wrap my head around this method.