Builder To Contributor LLC

What is Velocity Banking? And How Do I Start?

You may know me from my YouTube Channel Denzel Napoleon Rodriguez, and I'm The Finance Geek. I'm here to introduce you to the method called Velocity Banking!

In the past you may have heard about Velocity Banking in the same sentence as "it's complicated" and even "is it a scam?" This is NOT true, and for many people, Velocity Banking is the first step in a long line of lifestyle changes, but what exactly is Velocity Banking and how does it work?

Velocity Banking is defined as the use of financial and banking products that manage and increase cash flow, to quickly create financial security by eliminating, reducing, or minimizing interest. Velocity banking is a more efficient way to use your current income.

The first thing I tell anyone who is thinking about starting Velocity Banking is to know your 4 Major Numbers: These numbers are Income, Expenses, Debt, and Cash Flow.

Knowing your Income and Expenses is pretty straightforward, what do you get paid and how much are your bills....

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What is a Line of Credit?

One topic I'm questioned about nearly every day is lines of credit People ask about lines of credit in several different ways too, like the direct "Denzel, what is a line of credit?" or "How do I use a line of credit?" I even have people ask how they obtain a line of credit and what all the different types are.

This made me think that I should dedicate specific videos and blogs to the line of credit. So I decided to make a post explaining what a line of credit is, and your options when it comes to choosing a line of credit.

What is a line of credit? According to Investopedia, a line of credit is an arrangement between a financial institution—usually a bank—and a customer that establishes the maximum loan amount the customer can borrow. The borrower can access funds from the line of credit at any time as long as they do not exceed the maximum amount (or credit limit) set in the agreement and meet any other requirements such as making timely minimum payments.

This is a...

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What is Investing?

Investing is a crucial part of personal finance, and understanding investing will give you a great starting point for the concepts of Velocity Banking.

Let's start technically - your standard dictionary (or Google) will tell you that an investment is "expending money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture."

Now that you've read a definition that overcomplicates the topic of investing, we can get to a simple explanation.

A financial investment is to multiply money over time.
Principal x Interest + Time = Profit

Investing as a broad term can also mean putting in time and effort - not just money - into something with to gain a long-term benefit. My most significant piece of advice when it comes to investing hinges on this second definition.If you're going to invest in anything the main thing you should invest in is you.

Whether you do this by putting...

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The Rule of 3

The "Rule of Three" is used in learning situations with young children, wilderness survival, mathematics, language, and so much more. I want to focus on learning and survival because both of these topics, when looked at from a big picture, also apply to your finances.  You need to learn how to use your money efficiently to pay for things that you need to survive (like I said, big picture).

Rule of Three in survival situations:

  1. You can survive for 3 Minutes without air (oxygen) or in icy water

  2. You can survive for 3 Hours without shelter in a harsh environment (unless in icy water)

  3. You can survive for 3 Days without water (if sheltered from a harsh environment)

  4. You can survive for 3 Weeks without food (if you have water and shelter)

The main point of this set of "Rules of Three" that you need to focus on the most substantial problem first. If the biggest problem is that you can't breathe we need to remedy that immediately.

I hear you asking "How does this apply to...

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Tools for Your Kingdom

To have a prosperous Kingdom, you need to have the right tools. We need tools to help us build, maintain, and grow our Kingdom. I'm going to show you the tools that I currently have, and then the tools that I'm looking to acquire as my business and Kingdom grow. This is part four in our Establishing Your Kingdom series, and it's been wonderful seeing the action people in the community have taken over the last month.

To start, you must know your finances. You need to know where every dollar goes. "How do I know where every dollar goes?" You look at your accounts. Open up your financial statement, check your balances, check your bank accounts, look. Make sure we know our 4 major numbers:

  • Income

  • Expenses

  • Debt

  • Cash Flow

Now, I'll hop off my soapbox and get into my list of tools I continue to use for my business that will help you and your business stay organized and move forward no matter where you are in your journey as an entrepreneur, startup business owner, mompreneur, or...

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Launching Your Kingdom

Today we are going to be talking about how to launch a business for your Kingdom, and how to choose an entity type for that business. So first things first, what are the different options?


Sole proprietorship: A sole proprietorship could be right for you if you want to run a small-ish operation, with a few employees or contractors. For this type of business, you need to be comfortable making 100% of the business decisions.

+ there is no legal paperwork involved (apart from local licenses/permits)

- It can be hard to get financing since banks and investors see a sole proprietorship as a risky business entity.

Partnerships: If you or your industry thrive better in a creative and collaborative environment, a partnership might be the right type of business for you. Popular examples of partnerships include law firms, bars and restaurants, creative agencies, and family businesses.

+/- Partners equally share all costs, debts, and losses (except in limited partnerships)


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