The first of its kind VI Wealth Building Gala is being hosted by Kyle Sexius, owner of Credible Source Consulting Firm, a business that specializes in financial education and credit repair and has improved the record scores of thousands of users.
This event features presentations from respected professionals who are experts in vital markets, and is intended to give attendees actionable steps to begin their journey to wealth-building.
Kyle Sexius, who was born and raised on St. Thomas, spent the majority of his early adult years trying to lay the foundation for his economic independence dreams. I was aware that the only way to achieve financial independence was through innovation, but I had no other sources to turn to and spent a lot of time trying to figure it out on my individual. I tried a couple different things before deciding to go with the idea of trial-and-error. I failed and lost a bit, Sexius said.
One of the most important discoveries in Sexius’ journey toward financial freedom was how credit scores affected mortgage interest rates and how institutions frequently exploit a client’s ignorance to get more money. “I tried to buy my second home in 2018 and received two distinct interest rates from two different businesses. When I visited the institution that was charging a higher interest rate and inquired about the percentage, I was informed that my “fair” but no great credit rating was the issue, despite the fact that the next bank had a much lower price. He said that I soon realized that lenders would profit from people with poor education.”
“This experience gave me the awareness that interest rates, credit ratings, and how the average consumer is at a risk when they approach the stand without the necessary information to advocate for themselves.” I completed numerous courses, mentorships, and books, and finally I began using the methods I had learned to raise my credit score in the 800s. I was aware of my desire to use this information to assist people. Credible Cause Consulting Firm was born out of this, Sexius continued.
Sexius’ biggest motivator is the Virgin Islands area, which is one of his biggest traits. He thinks that Virgin Islanders are at a crossroads regarding the future of the country and how many will be able to maintain a foothole in their ancient land.
“We must become smarter with cash. We have the chance to prepare for years to never face the same struggles as we have experienced. As the centuries go on, there is more development and movement, and Virgin Islanders need to light up if they want to protect their homes from the influx of people who are moving here every day. This is why I’ve been putting so much energy into hosting the VI Wealth Building Gala and why I’ve been actively promoting economic education on my social media pages,” Sexius said.
The VI Wealth Building Gala will take place on Saturday at 6 p.m. in Yacht Haven Grande at the 360 Harbor Building. This dinner provides a chance to network with industry experts and gain knowledge about different ways to build wealth, including personal record, economic planning, stocks and bonds investing, life insurance, and real estate investing.