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Want to know more about The Shred Method™ and our background, go here: https://www.theshredmethod.com/about?... --------------------------------------------------------------------------------------------------------------------------- Why 90% of People Fail at Velocity Banking (And How to Avoid It) If you’ve ever wondered why so many people fail at Velocity Banking — even though it sounds like a genius debt payoff hack — this video is for you. I’m breaking down the seven costly mistakes that cause 90% of people to lose money with Velocity Banking (and how to avoid every single one of them). We’ll talk about why refinancing can secretly cost you more, how to manage your HELOC safely, and why not having an emergency fund can derail everything. Velocity Banking can absolutely work — but only if you do it right. Watch till the end to see how to turn this from a risky move into one of the smartest financial strategies for paying off your mortgage faster and building wealth sooner. If you want personalized help setting this up safely, my team and I at The Shred Method can walk you through it step-by-step. 00:00 – Intro: Why 90% Fail at Velocity Banking 01:00 – What Velocity Banking Really Is (Quick Refresher) 02:10 – Mistake #1: Winging It Without a Plan 03:02 – Mistake #2: Refinancing Blindly 03:53 – Mistake #3: Playing It Too Safe with Cash Flow 04:56 – Mistake #4: Having No Safety Net 06:00 – Mistake #5: Overloading the HELOC 07:02 – Mistake #6: No Exit Strategy 08:06 – Mistake #7: Thinking It’s All or Nothing 09:03 – Key Takeaways & How to Do It Right