The Financial Philosophers
Welcome to our Channel! Join us as we seek the answers to intriguing and unique questions about different financial ideas. We strive to put thoughtfulness and intention behind every dollar we use and search for that perfect balance between planning for your future self and living in the moment. We're Chris and Danny, two long-time college friends (and nerds) with a passion for personal finance. Chris is a CFP® professional, and Danny is just beginning his certification journey, having just become a Qualified Professional Financial Paraplanner®. We hope you enjoy the podcast, welcome your feedback, and can't wait to Philosophize these Finances!
For the video version of this podcast, check out our YouTube channel:
https://www.youtube.com/@financialphilosophers
To contact us for Interviews or Business Inquiries, please refer to the About page of our Youtube channel.
Patreon:
patreon.com/TheFinancialPhilosophers
The Financial Philosophers
Episode 36 - Be Wary of Velocity Banking
There are a lot of financial coaches and finance gurus on YouTube who promote the concept of Velocity Banking. Many of them claim that it is the ultimate strategy for aggressively paying off debt and decreasing interest. Others claim it is nothing more than mental gymnastics, or worse, an outright scam. Like most controversial topics, the truth is often found somewhere in-between. In today's episode, Chris and Danny will cover what Velocity Banking is, as well as the pros and cons you need to be aware of.
Support the Show:
patreon.com/TheFinancialPhilosophers
If you would prefer the video version of this podcast, join us on our YouTube channel over at
https://www.youtube.com/@financialphilosophers
To contact us for Interviews or Business Inquiries, please refer to the About page of our Youtube channel.
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This podcast is for informational purposes only and should not be considered or regarded as personalized investment or financial advice. All opinions expressed by Chris, Danny, and any guests are solely their own opinion. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided from this program (including any information that may be accessed through this website) is not directed at any individual, investor, or category of individuals or investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.
