Builder To Contributor LLC

Velocity Banking & Crypto Currency

I would like to share with you something I have recently implemented in my personal finances. This is in regards to saving money and preserving my purchasing power as the dollar continues to decline in value. I am starting to shift some of my money away from paper currencies to virtual cryptocurrencies.

I will have a livestream coming out soon to discuss this topic in detail. I believe this will be very valuable for those who are positioned properly.

So let's get started!

First, download on your mobile device in the app store. It is free to join and you can use my REFERRAL CODE HERE: 6r5kxcunfk and you will receive $25 to start in your account.

You can easily use my referral link below to sign up for and we both get $25 USD!


Next, you will go through a verification process to set up your account. Once that is complete you will then connect your bank account to send money to the platform.

Upon initially enrolling, you...

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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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Pros and Cons of Velocity Banking

One thing I'm asked pretty regularly is if Velocity Banking will work for a specific circumstances, I always ask if they know their Four Major Numbers and from there we can get into the pros and cons.

Pros to Velocity Banking

Pay less interest: Because the velocity banking strategy requires free cash flow, the length of the mortgage is significantly shortened. Because you are paying more up font you have less compound interest on the principal amount owed.

Pay off your debt early: Velocity Banking is one type of debt repayment strategy that will work to help you pay off your debt more quickly. (Example in the video below)

Free up equity: Mortgages don’t allow you to tap into your equity, a home equity line of credit (HELOC) combined with velocity banking lets you use money that you wouldn’t ordinarily have access to.

Cons to Velocity Banking

HELOC adjustable rates: You may not be able to find a bank that offers fixed rate HELOCs. This may put uncertainty on the amount of...

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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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Different Types of Lines of Credit

Since so much of Velocity Banking centers around the Line of Credit and Cash Flow, I thought we could talk about the 3 different types of lines of credit there are. As a refresher, 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. Read more about lines of credit here or click on the video below to be linked to my YouTube Playlist all about lines of credit.

Types of Credit Lines

There are 3 types of credit lines – home equity, personal, and business. Business lines of credit work similarly to credit cards. The LOC comes with a credit limit, and borrowers make payments every month with interest based off of the amount they borrowed during that period. Your financial institution will most likely have more strict requirements for lines of credit than for business loans. If you think taking out a business line of credit is right for you to be sure to bring...

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Simple vs Amortize Interest | What's the Difference?

One thing you will notice about the blog is that I like to talk about the questions I get asked regularly. This is because of a couple of things: Velocity banking can be confusing, and I want to be sure you understand the intricacies when you start

  1. If there were excellent resources out there that explained this stuff, I probably wouldn't need to answer these questions all the time

  2. I want to have written accounts of the topics I discuss on YouTube, so I'm able to

A question I get near the top of my frequently asked questions list is:

"Denzel, is there a difference between simple interest and amortized interest?"

Well, the short answer is yes, but I've had conversations with people where they tried to tell me there was no difference. So what I'm going to do for you is layout definitions and examples of simple and amortized interest so you can see what I'm saying when I say there is a difference. Let's get into it.

Amortized interest is interest that is calculated on the...

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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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What is Borrowing?

To get a grasp on a new to you financial concept, I recommend asking 3 questions:

  1. What does it mean?

  2. How does it work?

  3. How can it change my life?

So let's start with the definition answering the question "What does it mean?"

Borrowing is a temporary possession of money with the intent to repay the amount borrowed. In a financial sense, if you borrow money, you assume a debt to the lender, this debt contains the principal amount plus interest.

Time to break that definition down. We have two parties when we talk about borrowing - we have the person who needs money (borrower) and the person who has money (lender). When a borrower asks for money and is approved for an amount they sign a contract that states how much time they have to pay the lender back, but they have to pay the original amount they borrowed plus interest back to the lender.

there are two major ways lenders calculate interest simple interest and amortize interest - you can read more about the differences here.


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Creating Passive Income for Your Kingdom

Now that we have taken on creating Activity Income for your business, it's time to talk about Passive Income and the dream of "making money in your sleep" you hear so many entrepreneurs talking about.

Learning how to create Passive Income is the key to running a sustainable business. The goal is to have your Passive Income equal more than your Activity Income - when you get to that point, that is the true definition of financial freedom.

In the realm of Velocity Banking, your Passive Income is saving and investing. So when I refer to saving, I am mean establishing a tax-free asset. When I save money, I intend not to risk that money - the sole intention is to have an emergency backup. When I refer to investing your money, I mean literally putting your money to work for you - you don't have to do anything with it, and it is "making" more of itself.

So if I'm saving money, I cannot put that money at risk. I need to have that money stored somewhere safe where it'll grow - minimize or...

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Protecting Your Kingdom

The third step in our Kingdom Series to establish our Kingdom Authority here on Earth is to protect our Kingdom. Some of the items I’m going to list are things people ignore until the last minute. So, I have a list of things you need to have to protect your Kingdom – no matter how old you are, or how many family members you have:

  • Living Will

  • After Death Trust

  • Life Insurance

  • Estate Planning

  • Financial Power of Attorney

  • Medical Power of Attorney

I am 23 years old, and I have a life insurance policy, I am establishing a will and trust. Next, I’m looking into estate planning services - which should lay the groundwork for the powers of attorney. So how do you do all these things? How do you really put all of this together? 

I want to explain to you the first 3 steps I’m taking to ensure I leave a Legacy for the people in my life.

  1. Right now, I am working on building a team, running your business by yourself gets overwhelming quickly. Many of...

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