I Created My Own Banking System and You Can TOO!

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  • Опубліковано 31 січ 2025

КОМЕНТАРІ • 90

  • @WealthNation
    @WealthNation  9 місяців тому

    ✍🏾 Are you ready to Start a Policy? Complete our new client application.
    bit.ly/WN-New-Client

  • @SaxMistro
    @SaxMistro 4 роки тому +43

    I am a 22 year black man and I am so ecstatic to find a black couple creating this level of content.

    • @NativeNomad10
      @NativeNomad10 3 роки тому +3

      This level of content? It's not that there aren't black couple/people making this KIND of content but it's the first that you are seeing it, which says alot about how you were brought up, your mindset and the type of people you grew up around. You're still growing and you'll soon learn that black people greatness is way beyond your imagination and thinking.

    • @StandWatie1862
      @StandWatie1862 3 роки тому +1

      I'm black y'all and I'm black y'all and I'm blacker than black cuz I'm black y'all. Blickity Blickity Blickity black y'all.

    • @jihan7205
      @jihan7205 2 роки тому

      I think its wonderful too.

    • @camaranpayne5355
      @camaranpayne5355 2 роки тому

      As black people I'm glad to see everyone catching on

    • @nodustflyzone
      @nodustflyzone 2 роки тому

      😮

  • @drellz9361
    @drellz9361 4 роки тому +17

    Thank you guys my dad always told me " As long as someone owes you...you will never go broke

  • @bvdogg
    @bvdogg 5 років тому +7

    Love this! Knowing we are our most important bill that needs to be paid each time we get paid really puts things into perspective! My savings account reflects this dedication!

  • @Muna-t7o
    @Muna-t7o 2 місяці тому

    Love the content, I choose the route of BYOB literally with blockchain and dlt, it gave me freedom and am not bound by the walled gardens of shadow puppets that control the fiscal policy who actively work to errode ones value over time. Keep up the info very informative for those looking the traditional route in things.

  • @antiganadasilva8899
    @antiganadasilva8899 3 роки тому +2

    your teaching is appreciated.Looking forward to learn with you guys.

  • @dariusdbbowser6329
    @dariusdbbowser6329 2 роки тому

    I'm still in the 'get out of debt' phase lol, but I'm well on my way and have a clear path forward. Once I'm debt free, that will open up so many opportunities for me

  • @TheLifeJOGJourneyofGrowth
    @TheLifeJOGJourneyofGrowth 3 роки тому +1

    We discovered your channel today. Thank you for sharing this valuable information.

  • @leewilliams5797
    @leewilliams5797 2 роки тому

    Yes! I am all ready doing this

  • @jodahamunra686
    @jodahamunra686 5 років тому +10

    I keep saying it, that you two are an inspiration! I have 3 of the 5; that I'm presently implementing. I plan on being more than a client... I plan on being a student! Btw, good look on "mint"...will be signing up. #Hotep

  • @mullerryan07
    @mullerryan07 2 роки тому

    Saving this! Thank you very much!

  • @marlonhoward5483
    @marlonhoward5483 5 років тому +3

    I appreciate all of the great content!

  • @peggierhodes6997
    @peggierhodes6997 3 роки тому

    I am a licensed life agent and YES YOU ARE SPOT ON. However only certain carriers offer this vehicle. I have them, can I help?

  • @MarcPrime
    @MarcPrime 4 роки тому +3

    Great video! I have a question around the collateral. Let’s say I pay for someone’s car and have them pay me interest. If they don’t pay me, I keep the car right? What if I don’t want the car? Would I have just lost out on $25k? (I’m new to all of this). Thanks for the awesome content, by the way!

  • @mamasiliga2085
    @mamasiliga2085 10 місяців тому

    🙌🏾❤️ Thanks for sharing.

  • @mariojhorge23
    @mariojhorge23 3 роки тому +1

    Well done guys.

  • @bvdogg
    @bvdogg 5 років тому +3

    Would it be possible to do a video on the proper way to structure a promissory note in case of default? I know others including myself are apprehensive about loaning to friends and family without a stong promissory note that will hold up in court.

    • @WealthNation
      @WealthNation  5 років тому +1

      Oooo.... good idea Brandon!

    • @ememoyekan
      @ememoyekan 2 роки тому

      An attorney can assist you with this

  • @suzannjohnson8259
    @suzannjohnson8259 5 років тому +2

    Have you made a video on what exactly it costs us annually if we never pay back a loan please?

    • @WealthNation
      @WealthNation  5 років тому +1

      Hi Suzann! We haven't made a video specifically on this topic. However, it cost 5% annually on whatever outstanding loan you have from the insurance company. You have to pay the policy premium plus the interest. This is why we use the loans to finance items we would normally finance for a higher interest rate and pay ourselves the difference.

  • @adammckinney6577
    @adammckinney6577 4 роки тому +1

    Do you guys have meetings?

  • @kinequalassiter9448
    @kinequalassiter9448 4 роки тому +2

    How would we do this with the car? Wouldn't we need to have the vehicle and insurance in our name?

  • @tianoninanana
    @tianoninanana 4 роки тому +1

    Love this!

  • @crys313
    @crys313 3 роки тому +4

    Great video, but what frustrates me about this video is that you've ultimately highlighted that the basics of modern life are completely unaffordable, and yet we all calmly accept these systems as normal? I really feel like we humans are insane.

  • @specificallyneeded
    @specificallyneeded 4 роки тому

    Wow This Is Great Guys Thank You

  • @moneyamerica2877
    @moneyamerica2877 3 роки тому +1

    Would multifamily home investments be considered a banking system or home note or car note and how do I do this legally in lending people money
    In Florida I can't charge but 18%
    If don't have license how do I set this up as a hustle

  • @WealthNation
    @WealthNation  5 років тому +18

    Thanks for watching! Which steps are you currently doing?

    • @markweidner4752
      @markweidner4752 5 років тому +1

      What does it take to be a client?

    • @WealthNation
      @WealthNation  5 років тому +4

      Hi Mark! It is a 2 step process ➡️ bit.ly/WNmasterclass
      1. Watch our free (60min) Masterclass to ensure banking is something you want to commit to
      2. Once you watch the video you will be prompted to apply to become our client

    • @432hzvending6
      @432hzvending6 4 роки тому +1

      Wealth Nation Do you have a contact information like a phone number

    • @juliusk1870
      @juliusk1870 4 роки тому +1

      Amen

    • @jamilcarter2556
      @jamilcarter2556 3 роки тому +1

      Luv u guys 😇💯

  • @leewilliams5797
    @leewilliams5797 2 роки тому

    How long do I have to wait before I can borrow money

  • @leewilliams5797
    @leewilliams5797 2 роки тому

    Can I add money to my policy

  • @oneilfrazer7315
    @oneilfrazer7315 5 років тому +1

    i learn alot from this video

  • @adamsjrcn
    @adamsjrcn 3 роки тому +3

    A portion of Proverbs 22:7 says the following: "The rich ruleth over the poor, and the borrower is servant to the lender." You guys went through FPU/Dave Ramsey, so I'm guessing that you heard this mentioned. I am also sure that you hear him say that "debt is dumb and cash is king."
    Please tell me how this system does not turn your friends into debt slaves? Also, how is it that you first tell people in the beginning of this video to get out of debt and then turn around and finance the debt of others? How is it that it's good for you to get out of debt but bad for your friends to be in debt to you? This has to be bad for friendships just like MLM's can be - turning your friends into customers is unseemly at best.

  • @armandomartinez7592
    @armandomartinez7592 2 роки тому

    Where can I get a Whole life insurance policy?

  • @MsBettyRubble
    @MsBettyRubble 4 місяці тому

    What if the person defaults on the loan you've provided?

  • @bebopnola
    @bebopnola 4 роки тому +2

    The difference is banks use fractional reserve banking and create money out of thin air.... I can't just up and create money out of thin air like banks do when they create loans.

    • @리주민
      @리주민 2 роки тому

      The creation of an actual bank is needed. This has huge regulatory hurdles as well as upfront capital (varies, but around $500k - $3m).

  • @heidicampbell7863
    @heidicampbell7863 2 роки тому

    Don’t we already own 70% of ‘public debt’? Aren’t ‘we’ the creditors not the debtors. As our own bank, how do we collect on that debt..at least the interest? When I look at how banks operate , I see fractal banking ..can you explain how we can turn one dollar into ten

  • @guadalupealoqaily6474
    @guadalupealoqaily6474 4 роки тому

    Thank you so much

  • @bgg556
    @bgg556 5 років тому +2

    If I take out a loan on a policy will that appear on my credit?

    • @WealthNation
      @WealthNation  5 років тому +2

      No sir! Check out this video where we break this down in more detail :) ua-cam.com/video/vcVb8MeBOZU/v-deo.html

  • @tabernacleofgod2623
    @tabernacleofgod2623 4 роки тому +1

    How much money we need.
    If I start My own bank

  • @ogbobbyharris5561
    @ogbobbyharris5561 4 роки тому

    Love the video

  • @amalyah46
    @amalyah46 5 років тому

    Do I need a contract and promissory note if I loan money to my family members if they want to make a major purchase through my insurance policy?

    • @WealthNation
      @WealthNation  5 років тому +3

      Hello!!! You should have a promissory for ANY transaction that goes down with policies.

  • @AndrewGuyton-fq1je
    @AndrewGuyton-fq1je Рік тому

    United States savings Bonds!!

  • @immasoxfanbaby
    @immasoxfanbaby 2 роки тому

    Start a Bank and get in the game

  • @itsduende7751
    @itsduende7751 3 роки тому +1

    Why school don’t teach as this business ?

  • @harrysollmer1644
    @harrysollmer1644 2 роки тому

    I'm a cleaner@school am-pm shifts window Of 5 hrs to clean domestic homes but those domestic funds provides rent $$ monthly for my Filipino family in Philippines while I work abroad in Australia now school $$ I fortnightly give over 60% to pay for their fortnightly needs ie bills food # # # now I live in my car can't save because they always want Xtra. So I'm fedup I will die working. So I must not work because I can only work so many hrs a week and must hire 50 people who will work for me In turn they give me $20.00 everytime I give them a job. Multiplying my income by 50 but I don't want to borrow banks money to start my new idea and I have a debt of 5k to bank and need to kill that. What I ideas do you have. ?

  • @speakthetruth795
    @speakthetruth795 4 роки тому

    thanks a lot for the video. I am planning a small scale money lending business with approximately 5,000 could you please help me shed some light on this idea and what apps do you think is going to help .
    I would also like to know what % do you think 🤔 I can charge per 1000 pro Month .
    Thanks a lot

  • @Rodrigo-jh3ju
    @Rodrigo-jh3ju 3 роки тому +9

    Investing in crypto is the only big chance of making money

    • @cryptosrus4896
      @cryptosrus4896 3 роки тому

      For real crypto is profitable

    • @katefisher2452
      @katefisher2452 3 роки тому

      Crypto is the new gold

    • @RoseMary-wr4ci
      @RoseMary-wr4ci 3 роки тому

      I heard that his strategies are really good too

    • @RoseMary-wr4ci
      @RoseMary-wr4ci 3 роки тому

      he is obviously the best i invested $2,000 with him and i made a profit of $9,000

    • @zendaya5717
      @zendaya5717 3 роки тому

      Trading crypto with Expert mr David .J. Smith has been a game changer for me

  • @nathanieljohnson8658
    @nathanieljohnson8658 4 роки тому

    I WANT TO JOINT

    • @wealthnation5100
      @wealthnation5100 3 роки тому

      Thanks for watching, , I'll like to introduce you to something new
      +. ..1. 2 0 1. 3 7 9 ...8 8 3 5
      🅦🅗🅐🅣🅢🅐🅟🅟

  • @cap3724
    @cap3724 4 роки тому

    I got 15k is that enough

  • @farobaert
    @farobaert 3 роки тому +1

    Misleading title, there are no instructions on how to create a Bank.
    There is only budgeting and financial control ideas approached very superficially.... In summary watching this video is literally a waste of time.
    If you want to budget this is a good video for it, otherwise it is a waste of time.

  • @BornPointNemo
    @BornPointNemo 4 роки тому

    I’m so happy to see black peoples 😁😁

  • @paulpharms6226
    @paulpharms6226 4 роки тому +1

    Hello. Would you be interested in speaking to our Facebook group.

  • @letsgobrandon5502
    @letsgobrandon5502 2 роки тому

    What these 2 don't tell you is that you need a load of money to begin with.

  • @immasoxfanbaby
    @immasoxfanbaby 2 роки тому

    Pay cash for a house, cars and land duhhhh everybody

  • @-xl7ep1se3i
    @-xl7ep1se3i 2 роки тому

    สวัสดีคะดิฉันไปหาคุณวันนี้และคะ

  • @biasslice385
    @biasslice385 3 роки тому +1

    Love this ✊🏾