THE MVET WAY CEMN NEWSLETTER_APR_MAY_JUNE_2018

MY MVET STORY BY DARYL MOONEY

My MVET Story (Part 1)

I personally was involved in per- sonal and business credit worthi- ness 15 years ago. I and my twin brother became business part- ners, incorporated, got a 750 credit score CFO and we received 100K in business funding which was a combination of credit cards and lines of credit from multiple banks. For this blessing we paid a few thousand dollars up front and 20% on the back end (after we got the financing). This adds up to us paying $22K for 100K in funding. We had no problem with the fee because we had dreams and plans to be millionaires. We got in- volved in investing, bought a twin Mercedes, a two story home and sleep in twin beds LOL, just kid- ding about the twin beds. We also just got hired by our dad legend- ary comedian /writer Paul Mooney as writers for his BET pi- lot series called "Judge Mooney". We were "Ballin". We even im- pressed our hard to impress pops by driving on set with our twin black luxury cars to the studios. Pops was pulled in his classic 69 convertible drop top white Cadil- lac and said to us " Wow you two have gone from coon to tycoon". The three of us busted out laugh- ing. We enjoyed our newly re- ceived money.

We partied and spent money like we did not have to pay it back. We had no idea of proper money management and we did not want to pay another 5K to learn. We thought we knew what we were do- ing. Soon the real estate crash hit , our investments went bad, e lost our twin luxury cars and all the perks and women that came with it. LOL. We were back at square one, ground ze- ro, broke. At that moment we thought we could have saved money by getting one Mer- cedes with two steering wheels. LOL! Seriously I prayed teach, train and coach our peo- ple at the right price. A compa- ny that could really help our people master the credit, fi- nancing and investment game. Low and behold 15 years lat- er my prayers were an- swered.....to be continued. for a company to come to our community that could

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