WEBVTT - Study Hall: How to Turn Credit into Cash with Him 500 0:00:00.400 --> 0:00:03.120 Coach, the energy out there felt different. What changed for 0:00:03.160 --> 0:00:03.800 the team today? 0:00:03.880 --> 0:00:06.000 It was the new game day scratches from the California 0:00:06.080 --> 0:00:09.280 Lottery player is everything. Those games sent the team's energy 0:00:09.320 --> 0:00:09.799 through the roof. 0:00:09.880 --> 0:00:11.880 Are you saying it was the off field play that 0:00:11.920 --> 0:00:13.000 made the difference on the field. 0:00:13.119 --> 0:00:15.840 Hey, little play makes your day, and today it made 0:00:15.880 --> 0:00:19.079 the game. That's all for now, Coach, one more question. 0:00:18.960 --> 0:00:21.800 Play the new Los Angeles Chargers, San Francisco forty nine 0:00:21.880 --> 0:00:24.960 ers and Los Angeles Rams scratchers from the California Lottery. 0:00:25.040 --> 0:00:28.200 A little play can make your day. Peace made responsibilit 0:00:28.240 --> 0:00:29.760 must be eighteen years or older to purchase late or 0:00:29.800 --> 0:00:30.480 claim earns. 0:00:30.520 --> 0:00:32.840 It's twenty twenty one, the year have execution. In order 0:00:32.840 --> 0:00:35.040 to execute, we have to have information. And the number 0:00:35.080 --> 0:00:38.120 one place that get the information EYL University Shotty tell 0:00:38.120 --> 0:00:38.760 them what we bring in. 0:00:38.880 --> 0:00:41.519 Yes, EYL University has been reloaded. We already have one 0:00:41.560 --> 0:00:44.519 hundred passed webinars. We already have weekly webinars. We already 0:00:44.560 --> 0:00:47.120 have our private investment group on Facebook. We already have 0:00:47.200 --> 0:00:49.760 monthly financial planning calls. We already have five weekly real 0:00:49.880 --> 0:00:52.839 estate called. But what has been added to EYL University 0:00:52.880 --> 0:00:55.600 this year is access to MG the Mortgage Guys home 0:00:55.640 --> 0:00:58.240 Buyer's Blueprint which walks you through the home buying process 0:00:58.320 --> 0:00:59.960 from A to Z and went off. 0:01:00.040 --> 0:01:01.600 So has been added breaking news alert. 0:01:01.640 --> 0:01:04.560 Everybody always has to be in our group chat and 0:01:04.880 --> 0:01:06.880 when we talk about all the investment plays that we 0:01:06.959 --> 0:01:10.640 are making. We are going to have investment calls group 0:01:10.760 --> 0:01:13.600 chat calls with me, Troy and the whole team and 0:01:13.840 --> 0:01:16.680 walk you through our plays that we're making and give 0:01:16.720 --> 0:01:21.000 you insight into our portfolios. All of that for seventy 0:01:21.040 --> 0:01:23.880 five percent off. That's right, We are doing a lowout 0:01:23.920 --> 0:01:26.440 sale seventy five percent off for a limited time only. 0:01:26.480 --> 0:01:30.080 Go to eyl University dot com right now and sign up. 0:01:30.240 --> 0:01:34.080 See you on the other side, my graduates from my 0:01:34.160 --> 0:01:36.520 school being forced. 0:01:36.440 --> 0:01:41.399 Back drop bag drop, my drop back drop drop. 0:01:51.840 --> 0:01:56.280 Let's get it you good, bro, Just unmute yourself, cut 0:01:56.320 --> 0:01:58.760 your camera on and let's get it going. 0:01:58.800 --> 0:02:01.960 Let's let's let's rock out there you go, And we 0:02:01.960 --> 0:02:02.840 were session blue. 0:02:03.280 --> 0:02:05.040 Yeah, you know, you know, we got to, we got to. 0:02:05.120 --> 0:02:06.680 I didn't want to go bust down tonight, you. 0:02:06.600 --> 0:02:11.959 Know, point point dexter point dexter tonight. 0:02:12.800 --> 0:02:16.800 So uh yeah, I see it in the chat already. 0:02:16.840 --> 0:02:20.200 So how you guys doing out there as we jump 0:02:20.240 --> 0:02:22.560 in the night. You want me to just get straight 0:02:22.600 --> 0:02:22.920 into it. 0:02:23.760 --> 0:02:27.239 Yeah, I'm gonna give them an introduction on what's going 0:02:27.280 --> 0:02:30.519 on here. So for first and foremost, thank you. Thank 0:02:30.560 --> 0:02:31.400 you for joining us. 0:02:31.440 --> 0:02:31.560 Man. 0:02:31.600 --> 0:02:33.400 I know you're a busy man these days. Man, you're 0:02:33.440 --> 0:02:37.040 running around you making it happen. Man, So congratulations on 0:02:37.080 --> 0:02:38.960 everything you got going on. Man, A million dollar worth 0:02:39.000 --> 0:02:42.680 a game interview was amazing. Our interview obviously was amazing. 0:02:42.720 --> 0:02:48.079 Sleepers for Suckers interview was amazing. So yeah, first and foremost, man, congratulations, Man, 0:02:48.200 --> 0:02:52.320 keep educating, keep leading away, and keep inspiring. 0:02:52.520 --> 0:02:53.639 It's very very important. 0:02:53.720 --> 0:02:56.239 And you're the big boss man now in three weeks 0:02:56.280 --> 0:02:59.440 you top five bro, Top five ey l episode, run 0:02:59.480 --> 0:03:00.600 it up. 0:03:00.639 --> 0:03:02.560 I think we had you at three seventeen. 0:03:02.880 --> 0:03:04.840 It's crazy, cloth like that. 0:03:05.480 --> 0:03:07.400 I know what you got your eye on too. I 0:03:07.480 --> 0:03:08.360 know what you got your eye. 0:03:11.400 --> 0:03:14.520 It's a blessing, man, you know that the information I should. 0:03:14.520 --> 0:03:15.920 I just tried my best, like when I come on 0:03:15.960 --> 0:03:18.639 the platforms, to just really educate everybody as best as 0:03:18.639 --> 0:03:21.119 possible because one of the things I hate for people 0:03:21.160 --> 0:03:23.080 to get on somewhere and waste their time and they 0:03:23.080 --> 0:03:27.799 spend years, I mean a few hours and they get 0:03:27.800 --> 0:03:30.120 nothing but a whole bunch of motivation or just a story. 0:03:30.480 --> 0:03:32.880 Like actually giving people tangible things to walk away with 0:03:33.000 --> 0:03:35.080 is really what I pride myself on. And that's you know, 0:03:35.120 --> 0:03:36.440 gonna be the basis for the night too. 0:03:37.480 --> 0:03:37.920 Let's do it. 0:03:37.960 --> 0:03:42.080 So let's let's first and foremost welcome everybody out there 0:03:42.160 --> 0:03:45.600 and in University of Euyo University, Eyo University welcome, and 0:03:45.640 --> 0:03:48.440 everybody on YouTube welcome. So the people that's on YouTube, 0:03:48.440 --> 0:03:49.920 we're just going to give you a quick rundown of 0:03:49.920 --> 0:03:53.040 how this works. So Eyo University is a platform that 0:03:53.080 --> 0:03:55.960 we started over a year ago and it's an extension 0:03:55.960 --> 0:03:57.960 of the podcast. Is pretty much like on Steroids for 0:03:58.040 --> 0:04:02.520 people that want like more hands on experience and actually 0:04:02.560 --> 0:04:05.200 you know, get to actually you know, ask questions. 0:04:05.280 --> 0:04:06.560 And it's a community. 0:04:06.640 --> 0:04:09.640 So once a month we do what was called open 0:04:09.720 --> 0:04:12.040 enrollment and we kind of give you a sneak peek. 0:04:12.240 --> 0:04:14.240 We like to show our work, as Trapp would say, 0:04:14.920 --> 0:04:17.520 show our works to the public. So yeah, we give you, 0:04:17.560 --> 0:04:19.520 we give you an open open house and you can 0:04:19.600 --> 0:04:22.640 check it out. So what happens is that for EBA University, 0:04:23.000 --> 0:04:26.080 we have one hundred past webinars because every single week 0:04:26.120 --> 0:04:29.720 we do a different webinar with a different instructor that 0:04:29.760 --> 0:04:31.800 teaches on a different topic. So whether it's real estate, 0:04:31.839 --> 0:04:35.039 whether it's credit, whether it's student loans, whether it's stocks, 0:04:35.080 --> 0:04:37.040 every single week is different. Every Wednesday at eight o'clock 0:04:37.080 --> 0:04:39.880 Eastern Standard time. And then so all of that's archives. 0:04:39.920 --> 0:04:42.640 So it's currently one hundred webinars right there. And then 0:04:42.680 --> 0:04:45.280 we have a private Investment group on Facebook, which is 0:04:45.279 --> 0:04:48.200 a community. It's five thousand people in that and people 0:04:48.240 --> 0:04:51.000 get together and they talk about investing. Is all kinds 0:04:51.040 --> 0:04:53.840 of infinity groups in there, and it's a whole it's 0:04:53.880 --> 0:04:57.480 a whole accountability. And then we also have a movie 0:04:57.480 --> 0:04:59.680 club and a book club. And then once a month 0:04:59.720 --> 0:05:02.520 I do financial planning calls. Everybody knows I'm a financial advisor, 0:05:02.720 --> 0:05:04.719 so I do want financial planning calls. Once a month. 0:05:04.760 --> 0:05:07.040 We do bi weekly real estate calls with MG the 0:05:07.080 --> 0:05:09.880 Mortgage Guy. And what has been added this year to 0:05:09.960 --> 0:05:13.920 Eyo University is MG the Mortgage Guys Home Barer's Blueprint, 0:05:14.320 --> 0:05:17.600 which is over fifteen hours of content in one hundred videos. 0:05:18.320 --> 0:05:21.000 So if you join el University, you get that as 0:05:21.000 --> 0:05:23.320 a member, step by step booklet to get and what 0:05:23.480 --> 0:05:27.000 we what we just announced on market Monday. So everybody, 0:05:27.839 --> 0:05:31.920 including including him five hundred every time like we talk 0:05:31.960 --> 0:05:33.640 about stocks and all that because they know we got 0:05:33.640 --> 0:05:37.039 we got the investment group chat and we showed we 0:05:37.080 --> 0:05:39.479 showed the guys our portfolio, like YO, put me in 0:05:39.480 --> 0:05:40.839 the group chat, show me how to do this stead 0:05:40.880 --> 0:05:42.960 of that. So you know, we got so many requests 0:05:43.279 --> 0:05:45.440 to like, YO, how to like let me know your 0:05:45.480 --> 0:05:48.080 plays like the group chat. So we're going to do 0:05:48.200 --> 0:05:50.800 once a month group chat calls, investment group chat calls 0:05:50.839 --> 0:05:55.600 where we're just gonna it's a free form meet Jamal Troy, 0:05:55.760 --> 0:05:57.840 our whole team, and we're going to actually just tell 0:05:57.880 --> 0:05:59.440 you the plays that we're not we're not telling you 0:05:59.480 --> 0:06:00.200 to make those. 0:06:00.080 --> 0:06:02.159 Place is what's going on. But we're gonna tell you what's. 0:06:02.040 --> 0:06:05.039 In our portfolio, what we're doing, what we're looking at, 0:06:05.720 --> 0:06:07.520 and we're just gonna have a conversation. We're just gonna 0:06:07.560 --> 0:06:10.960 open up our group chat. And that's a million dollars 0:06:10.960 --> 0:06:12.279 worth a game right there. If you saw in a 0:06:12.320 --> 0:06:13.520 pfolio animal. 0:06:14.480 --> 0:06:18.559 Every every time we showed somebody to portfolio individually, like, Yo, Shotty, 0:06:18.560 --> 0:06:19.279 show a portfolio. 0:06:19.360 --> 0:06:22.640 I show a portfolio. More shows portfolio, Mike. They like, yo, bro, 0:06:23.040 --> 0:06:26.119 this ridiculous. How do I start? How much do I need? 0:06:26.279 --> 0:06:28.440 And can y'all just show me? So that's been a 0:06:28.480 --> 0:06:29.040 consistent thing. 0:06:29.080 --> 0:06:30.600 So it was like, Yo, let's just open it up, man, 0:06:30.640 --> 0:06:32.400 Let's just open it up so everybody can see what's 0:06:32.400 --> 0:06:34.200 going on. And the best thing about it is like, 0:06:34.240 --> 0:06:36.320 since it's an open form, I know people are making 0:06:36.360 --> 0:06:38.600 moves out there too that can help us. And so 0:06:38.640 --> 0:06:40.799 it's like, yo, what's back and forth? Now we build 0:06:40.800 --> 0:06:42.840 as a community because there's some moves that we don't make. 0:06:42.920 --> 0:06:45.200 Like we heard on Market Mondays other night, young man 0:06:45.360 --> 0:06:47.440 Ash was like, Yo, I like this play, and so 0:06:47.480 --> 0:06:49.440 I'm like, yo, bet, we gotta go research that. So 0:06:49.480 --> 0:06:51.200 that's how you build community. It's not just like Yo, 0:06:51.200 --> 0:06:53.600 we're gonna give. We're gonna give. It's gonna be given. 0:06:53.640 --> 0:06:55.440 Take. It's like all right, oh, I didn't know about that, 0:06:55.600 --> 0:06:57.080 Thank you for putting me on. Now we gotta go 0:06:57.160 --> 0:06:58.840 do a homework. So it's gonna be dope. 0:06:59.040 --> 0:06:59.360 Marcus. 0:06:59.400 --> 0:07:01.800 Let me ask you, well, everything I just named, what 0:07:01.839 --> 0:07:04.320 do you think a fair price for that value is. 0:07:06.440 --> 0:07:10.760 Everything you just named yeah on a A on a 0:07:10.800 --> 0:07:16.320 one time by or yeah, I don't know, probably about 0:07:16.360 --> 0:07:18.720 five thousand. That's I will price it at like a 0:07:18.800 --> 0:07:19.880 five to seventy five. 0:07:23.600 --> 0:07:24.680 That's a fact. 0:07:24.280 --> 0:07:25.760 We're seventy five hundred. 0:07:26.560 --> 0:07:27.760 That's a fact, man, we're doing. 0:07:27.760 --> 0:07:30.320 We're doing a seventy two hour sale for that seventy 0:07:30.320 --> 0:07:33.280 five percent off, five hundred dollars, five hundred dollars. 0:07:33.320 --> 0:07:35.600 We're letting it go. So you're looking for you. 0:07:39.560 --> 0:07:41.320 I'm about to give him a couple of thousand dollars 0:07:41.360 --> 0:07:45.000 worth of info right now. They've been get a couple 0:07:45.000 --> 0:07:46.679 of thousand dollars worth of info right now. 0:07:47.320 --> 0:07:48.040 Oh man. 0:07:48.200 --> 0:07:51.480 So yeah, we put that link in there, eyuniversity dot com. 0:07:51.480 --> 0:07:53.840 Like I said, we're gonna do a seventy seventy two 0:07:53.880 --> 0:07:57.520 hour sale, seventy five percent off. But first and foremost, 0:07:57.600 --> 0:08:00.000 let's let's get into it. I know the Good Brother 0:08:00.640 --> 0:08:04.000 got a lot going on. So Marcus were ready, We're 0:08:04.040 --> 0:08:05.000 ready to be educated. 0:08:05.080 --> 0:08:06.400 Yeah, bro, I'm gonna make you the host, and so 0:08:06.440 --> 0:08:08.360 whenever you're ready, I'm gonna switch it back so we 0:08:08.400 --> 0:08:20.560 don't have to have a split screen all right, all right, all. 0:08:16.000 --> 0:08:17.960 Right, so I'm hold so listen to you guys. How 0:08:18.000 --> 0:08:20.200 you guys doing as you guys. Some of you know, 0:08:20.280 --> 0:08:21.960 some of you may not. My name is Marcus Barney, 0:08:22.000 --> 0:08:25.040 also known as Him five hundred, and what I do 0:08:25.200 --> 0:08:27.640 is I teach financial literacy. Right, there's a lot of 0:08:27.680 --> 0:08:31.040 people in the community, and we're getting more in tune 0:08:31.040 --> 0:08:33.840 when it comes to financial literacy, when it comes to credit, 0:08:33.880 --> 0:08:36.679 when it comes to investing and things like that. And 0:08:37.080 --> 0:08:38.840 my thing is this a lot of us. I don't 0:08:38.840 --> 0:08:40.840 know if you guys are like me, but I grew 0:08:40.920 --> 0:08:44.520 up in a household where I didn't come from people 0:08:44.520 --> 0:08:46.960 who had money, right, Like, I was born homeless. You know, 0:08:47.000 --> 0:08:50.240 the typical story come from the ghetto. Note that every 0:08:50.320 --> 0:08:53.439 the story that most most people come from from our community. 0:08:53.800 --> 0:08:55.920 And what happens is is that we don't come from 0:08:55.960 --> 0:08:58.079 a trust fund. But then we also don't come from 0:08:58.520 --> 0:09:01.160 a long line of education, right, We don't come from 0:09:01.160 --> 0:09:03.360 a long line of people who have been educated properly. 0:09:03.640 --> 0:09:06.200 And so what happens is is that we grow up 0:09:06.280 --> 0:09:09.000 missing formed and we grew up with a lack of resources. 0:09:09.040 --> 0:09:13.280 So we're missing two things. We're missing resources and education. Inside. 0:09:13.280 --> 0:09:15.400 We have all the drive that we need, We have 0:09:15.559 --> 0:09:18.800 all of the motivation of charisma. We have everything that 0:09:18.840 --> 0:09:20.720 it takes to go out and make money. And that's 0:09:20.720 --> 0:09:22.960 why a lot of us thrive in different industries. But 0:09:23.679 --> 0:09:26.080 a lot of us get left behind if we don't have, 0:09:26.559 --> 0:09:29.800 you know, certain things like being an athlete or being 0:09:29.840 --> 0:09:32.000 a rapper. If we don't got that. And so what 0:09:32.080 --> 0:09:34.559 I looked at growing up, I wasn't that. So me 0:09:34.720 --> 0:09:37.080 not being an athlete, what I looked at, I said, Okay, 0:09:37.120 --> 0:09:41.439 well what can I do? I started learning business. When 0:09:41.480 --> 0:09:43.480 I got in business, I was able to gain traction. 0:09:43.600 --> 0:09:45.240 I was able to gain a little bit of success, 0:09:45.760 --> 0:09:49.000 and whenever the slow season will hit, right, most businesses 0:09:49.040 --> 0:09:50.839 have a slow season, or people just have a rough 0:09:50.880 --> 0:09:53.080 time and they have a slow period, a rough period. 0:09:53.360 --> 0:09:56.679 And what happens in that period is usually we go 0:09:56.720 --> 0:09:58.880 into a financial crunch because we don't have anything to 0:09:58.920 --> 0:10:02.200 fall back. So most of us don't come from trust funds. 0:10:02.280 --> 0:10:04.840 And so, understanding that I don't come from a trust fund, 0:10:05.080 --> 0:10:06.800 I don't have anything to fall back on. All I 0:10:06.840 --> 0:10:08.760 have is a capital I was able to raise. I 0:10:08.800 --> 0:10:12.040 started looking into credit right and so I started figuring out, Well, 0:10:12.040 --> 0:10:15.280 how can I use credit because it's no way that 0:10:15.320 --> 0:10:19.000 it's out here and it can't be an actual resource, 0:10:19.280 --> 0:10:20.840 right because I was training. I don't know if you 0:10:20.840 --> 0:10:22.640 guys are trained like me, right and not just let 0:10:22.679 --> 0:10:25.520 me get a check in the chat? Is that drop 0:10:25.520 --> 0:10:27.160 a one in the chat? Is the things that you 0:10:27.240 --> 0:10:30.079 guys were trained on? Was Hey, when it comes to credit, 0:10:30.120 --> 0:10:32.000 the only thing is good for is buying a house, 0:10:32.360 --> 0:10:36.480 buying a car and using a credit card emergency purposes 0:10:36.520 --> 0:10:41.360 only and get gas with it, right, was that's the level? Okay? 0:10:41.640 --> 0:10:43.920 Looking at the chat, I see a bunch of one, right, 0:10:44.520 --> 0:10:46.319 And so for me, what I look at and see 0:10:46.400 --> 0:10:47.800 is that I'm not the only one that came up 0:10:47.800 --> 0:10:50.280 as educated about when it came to credit. So, as 0:10:50.280 --> 0:10:52.400 you guys seen on the EYL episode, I gave you 0:10:52.480 --> 0:10:54.040 guys a lot of jewels and things that you can 0:10:54.080 --> 0:10:57.280 do by leveraging credit, right, But what I didn't do 0:10:57.400 --> 0:10:59.560 was break down a blueprint for you to be able 0:10:59.559 --> 0:11:00.800 to go out and get some money. 0:11:00.880 --> 0:11:01.160 Right. 0:11:01.440 --> 0:11:03.440 See, we only have so much time. But now we 0:11:03.480 --> 0:11:05.320 get to go on the lesson mod. So tonight I 0:11:05.360 --> 0:11:07.880 get to actually share with you guys a few tangible 0:11:07.880 --> 0:11:10.320 things where you can go and get money. So that 0:11:10.400 --> 0:11:12.960 way you could build your own what is could be 0:11:13.000 --> 0:11:15.080 called your own trust fund. Right, that's just me what 0:11:15.160 --> 0:11:17.480 I call it, not literally a trust fund, but build 0:11:17.520 --> 0:11:21.560 your own trust fund. And that's my goal is that 0:11:21.800 --> 0:11:24.559 if we don't come from money, at least somebody give 0:11:24.640 --> 0:11:27.680 us a blueprint so we can go and get some money. Right, 0:11:28.120 --> 0:11:30.280 once we can get it, if we can properly use 0:11:30.320 --> 0:11:33.280 it and be properly educated on it, because don't get it, 0:11:33.320 --> 0:11:38.320 don't get me misconscrewed. From one point, credit is very dangerous, Okay, 0:11:38.520 --> 0:11:41.120 it's a dangerous game. And the reason why it's dangerous 0:11:41.160 --> 0:11:44.480 is because we don't have the education on it. Nobody 0:11:44.520 --> 0:11:46.599 told us that you can hide your credit card utilization 0:11:46.880 --> 0:11:50.240 so you don't pay interests, right. Nobody told us that 0:11:50.440 --> 0:11:53.560 you know how to monopolize and actually gain off the 0:11:53.640 --> 0:11:57.040 reward points and the rewards in the reward system that 0:11:57.080 --> 0:12:00.800 credit card companies actually have. Right. Most of us go 0:12:00.840 --> 0:12:02.920 out and we operate off a debit card. And I 0:12:02.960 --> 0:12:04.560 ask people all the time, I said, listen, if you're 0:12:04.559 --> 0:12:06.400 walking down a dark alley with ten thousand in your 0:12:06.400 --> 0:12:08.760 pocket and you know you're gonna get robbed, do you 0:12:08.800 --> 0:12:11.320 want my ten thousand in your pocket or your last 0:12:11.320 --> 0:12:14.480 ten thousand in your pocket? Most people gonna say, I 0:12:14.520 --> 0:12:16.520 want your ten thousand in my pocket. I'd rather have 0:12:16.600 --> 0:12:20.640 mine at home. Well, guess what, that's the same thing 0:12:20.679 --> 0:12:22.720 that happens when you use a debit card versus a 0:12:22.720 --> 0:12:25.640 credit card. Right, every day on the black web, people 0:12:25.840 --> 0:12:28.920 are being victim of identity theft, identity fraud. And what 0:12:28.960 --> 0:12:31.120 happens is is that every day when you go out 0:12:31.120 --> 0:12:33.760 and swipe that debit card, which with every penny that 0:12:33.800 --> 0:12:36.120 you got in that bank account, right, you put it 0:12:36.160 --> 0:12:39.040 at risk to be compromised. Meanwhile, with a credit card, 0:12:39.240 --> 0:12:40.320 you put the bank's money. 0:12:40.440 --> 0:12:40.680 Right. 0:12:40.960 --> 0:12:43.880 Do you think if if fraud happens against American Express, 0:12:43.920 --> 0:12:45.640 do you think they're not going to get it right? 0:12:45.679 --> 0:12:47.200 They gonna go get their money back and do what 0:12:47.240 --> 0:12:49.600 they need to do, or they can take the loss. 0:12:49.679 --> 0:12:52.800 Right ten thousand could potentially set us out of the 0:12:52.840 --> 0:12:55.240 game for a real long time and really im blum 0:12:55.280 --> 0:12:57.760 people's lives if they bank accounts get cleaned out and 0:12:57.800 --> 0:13:01.079 they got to go, you know, sixty sixty days without 0:13:01.120 --> 0:13:03.840 their finances, right, without their actual income, without the money 0:13:03.880 --> 0:13:06.880 that they had in the bank. So that's my goal 0:13:06.960 --> 0:13:09.040 is I just want to educate people and listen. When 0:13:09.120 --> 0:13:16.560 it comes to leveraging credit, right, be mindful of it always, always, always, 0:13:16.679 --> 0:13:19.760 don't go over your over your means, right, meaning if 0:13:19.760 --> 0:13:23.360 I teach you tonight how to go get seventy five thousand, right, 0:13:23.720 --> 0:13:27.240 and you haven't proven yourself. Like if you've got a business, 0:13:27.240 --> 0:13:28.839 so you have a T shirt company and your T 0:13:28.960 --> 0:13:32.200 shirt company been producing five thousand dollars a month, right, 0:13:32.600 --> 0:13:35.960 don't take this credit card and over extend yourself. Okay, 0:13:36.080 --> 0:13:38.480 don't take a credit card and over extend yourself to 0:13:38.520 --> 0:13:41.640 where it's more in debt than what you've been actually making. 0:13:41.679 --> 0:13:43.600 Because you're still going to make five thousand a month. 0:13:44.080 --> 0:13:47.079 So you just have to be mindful of it. Meanwhile, 0:13:47.480 --> 0:13:50.199 let's get into it. So listen banks, right, A lot 0:13:50.240 --> 0:13:53.760 of us are familiar with banks like Navy Federal. Okay, 0:13:54.040 --> 0:13:56.160 a lot of us are familiar with banks like Navy Federal. 0:13:56.320 --> 0:13:58.360 And I tell people all the time, Navy Federal is 0:13:58.400 --> 0:14:01.600 cool because they'll get people with a six eighty six 0:14:01.760 --> 0:14:05.240 sixty building credit with no negative history. They'll give people 0:14:05.280 --> 0:14:06.000 credit cards. 0:14:06.080 --> 0:14:06.280 Right. 0:14:06.840 --> 0:14:10.439 Here goes a backdoor metha for Navy Federal. So blueprint. 0:14:10.520 --> 0:14:11.680 Can I give him a blueprint? 0:14:12.480 --> 0:14:17.680 Can I get him let's as yours. 0:14:18.040 --> 0:14:19.920 I'm gonna give you guys a blueprint to clean your 0:14:19.920 --> 0:14:21.320 credit so we don't got to sit here all night 0:14:21.360 --> 0:14:22.920 and do it. I'm gonna get them a blueprint for 0:14:22.960 --> 0:14:25.720 free to clean your credit and how to clean like 0:14:25.720 --> 0:14:27.640 a twenty four hour transmit you method. The same thing 0:14:27.680 --> 0:14:30.520 I did for the NWD audience, I want to do 0:14:30.560 --> 0:14:33.040 the same thing for you guys. And that way, you 0:14:33.080 --> 0:14:35.040 guys got the blueprint. But now I'm giving you the 0:14:35.080 --> 0:14:38.000 blueprint on what to do after you get your credit together. Okay, 0:14:38.480 --> 0:14:40.480 So when you're building, let's just say you don't have 0:14:40.560 --> 0:14:43.840 a super strong profile, okay, And if you don't have 0:14:43.880 --> 0:14:48.600 a strong profile, what you're gonna do is six sixty 0:14:48.680 --> 0:14:52.240 six eighty. That's no negative derogatory march. You have to 0:14:52.280 --> 0:14:54.320 remove the negative items. So this is if you got 0:14:54.360 --> 0:14:57.680 one hundred percent payment history, you know, two to three 0:14:57.680 --> 0:15:01.320 inquiries at you know you have super strong So you 0:15:01.320 --> 0:15:03.320 may have a year two years history, you'll be okay, 0:15:03.520 --> 0:15:07.080 the Navy Federal at least three or four counts positive 0:15:07.080 --> 0:15:10.520 accounts in your credit report, just in no derogatory marks. 0:15:10.520 --> 0:15:12.600 I'm showing you how to move derogatories. And you want 0:15:12.600 --> 0:15:16.320 to have your credit utilization under nine percent, right, preferably 0:15:16.400 --> 0:15:18.880 if it's at fifteen to twenty on. With Navy Federal, 0:15:18.960 --> 0:15:23.200 you'll be okay, you still get an approval. Okay. So 0:15:23.240 --> 0:15:25.320 it's what we're gonna do with Navy Federal. A lot 0:15:25.360 --> 0:15:26.920 of times they tell us that you can't get a 0:15:26.960 --> 0:15:32.240 Navy Federal unless you're a member of the Armed Services 0:15:32.320 --> 0:15:34.720 or you come from your father was right, Let me 0:15:34.720 --> 0:15:38.760 explain something and do this now because putting it on 0:15:38.800 --> 0:15:40.600 earn your leisure and the videos get one hundred two 0:15:40.680 --> 0:15:43.480 hundred thousand views. I got to act now. So everybody 0:15:43.520 --> 0:15:45.920 that's watching live, y'all got about a twenty four hour window, 0:15:46.560 --> 0:15:49.760 seventy two hours before we might you know, ruin this 0:15:52.640 --> 0:15:55.480 be honest with you guys. But the back door method 0:15:55.520 --> 0:15:57.480 to get a Navy Federal was this. You can literally 0:15:57.520 --> 0:16:00.000 call Navy Federal and tell them, hey, listen, my grandfather 0:16:00.200 --> 0:16:03.040 was in the military. My grandfather was in the military. 0:16:03.040 --> 0:16:05.000 He passed away. I don't have any of his information. 0:16:06.040 --> 0:16:08.800 They'll come back boom boom boom. And when they come back, 0:16:08.840 --> 0:16:12.720 what they'll do is actually let you in. Boom. Now 0:16:12.720 --> 0:16:15.520 you're in. You don't need anybody's references. You don't need 0:16:15.560 --> 0:16:17.920 to be in the military. That's the back door method. 0:16:18.160 --> 0:16:21.440 Now what Navy Federal is infamous forgiving fifteen to twenty 0:16:21.480 --> 0:16:23.920 five thousand dollars in credit cards, right, you can go 0:16:23.960 --> 0:16:27.160 with the Gold Rewards card fifteen to twenty five thousand. 0:16:27.600 --> 0:16:33.600 Now side note, and you know disclaimer. Maybe Federal randomly 0:16:33.640 --> 0:16:37.560 gives people one thousand dollars approves. Okay, you're gonna roll 0:16:37.560 --> 0:16:41.720 the dice, right, So what happens is is that most 0:16:41.800 --> 0:16:45.320 people fifteen to twenty five randomly, you may get a thousand. 0:16:45.560 --> 0:16:47.800 If you get the thousand, call in and ask for 0:16:47.840 --> 0:16:50.480 a reconsideration. If they don't give it to you, just 0:16:50.560 --> 0:16:53.000 maintaining for six months, and then call in and ask 0:16:53.080 --> 0:16:55.480 for an increase, right, and six months when you ask 0:16:55.480 --> 0:16:58.520 for the increase, they'll bump you up dramatically. Okay, so 0:16:59.480 --> 0:17:03.520 don't fit you know, like you lost. If you get 0:17:03.520 --> 0:17:06.240 a thousand dollar incury, I mean a thousand dollars limit, 0:17:06.440 --> 0:17:10.639 you're gonna get bumped up eventually, okay, And that's Navy Federal. 0:17:10.720 --> 0:17:13.120 Most people are familiar with Navy Federal. That's your back 0:17:13.160 --> 0:17:15.240 door method in I'm gonna give you the blueprint to 0:17:15.240 --> 0:17:18.560 clean your credit. Okay. So that's one bank. But what 0:17:18.600 --> 0:17:21.440 people don't know is that some people familiar with Navy Federal, 0:17:21.440 --> 0:17:23.400 but a lot of people don't go out and research 0:17:23.440 --> 0:17:26.280 other banks. Right. People don't know that it's other banks 0:17:26.280 --> 0:17:34.240 out there, like Fidelity, Alliant Credit Union, and First Tech 0:17:34.280 --> 0:17:38.159 Credit Union. Okay, So with Alliant, I'm gonna break it 0:17:38.200 --> 0:17:40.679 down to you. Alliant is another credit union that you 0:17:40.800 --> 0:17:41.960 have to gain access to. 0:17:42.280 --> 0:17:42.520 Well. 0:17:42.560 --> 0:17:46.160 With Alliance. To gain access, they're gonna ask you, hey, 0:17:46.200 --> 0:17:48.680 are you a teacher? Hey? Are you this right? You're 0:17:48.680 --> 0:17:52.280 gonna go no, no, no. They asked you about ten 0:17:52.320 --> 0:17:54.760 different qualifying questions to see if you can get access. 0:17:55.040 --> 0:17:57.119 The last question is gonna ask you, well, are you 0:17:57.160 --> 0:17:59.520 willing to make a donation to a charity of our choice? 0:18:00.080 --> 0:18:02.360 Make a donation that you want to put in Right, 0:18:03.080 --> 0:18:05.919 So I tell people donate five dollars you get access 0:18:05.960 --> 0:18:11.080 to a Lion credit union. Alliant is going to give 0:18:11.119 --> 0:18:14.040 you another bank that does fifteen to twenty five thousand 0:18:14.560 --> 0:18:17.800 that's off of using a Lion Okay. And so what 0:18:17.880 --> 0:18:19.720 I want people to do is get familiar with that 0:18:20.040 --> 0:18:22.840 is because now that's two banks. So if let's just 0:18:22.840 --> 0:18:25.800 say on the loan end, you get fifteen thousand, right, 0:18:26.119 --> 0:18:28.040 this is off this car, you're gonna need your credit 0:18:28.080 --> 0:18:31.199 to be a little bit stronger than Navy Federals is. 0:18:31.359 --> 0:18:32.640 But they're not super strict. 0:18:32.840 --> 0:18:33.199