Financial freedom is the ultimate goal of all who work hard to earn money, whether in the corporate world or in entrepreneurship. Your retirement years are closer than you think, so you want to build your wealth as early as possible to secure a financially comfortable future. Many turn to professional advisers for this, but at the end of the day, these people are just salespeople. Their traditional advice will never get you to the goal you want. They will simply sell you siloed tactics that are too good to be true, impossible to emulate, or only work for the rich. What you should be doing is becoming your own boss and investing money in passive investments.
Welcome to Money Ripples with Chris Miles. This show is your trusted guide in escaping the draining responsibility of working more than 40 hours a week and finally quit your 9-5 job.
In this show, Chris breaks down how to start a passive source of income in the easiest ways. Discover the power of making your cash do the hard work for you. Increase your profits when you go after other money-making ventures, or even while you sleep! Win big through this strategy and unlock the incredible opportunity of making active work optional.
Two decades later with more than 900 clients, Chris knows that cash-flowing assets are the way to becoming financially free. He was able to retire at 28 years old and is now teaching individuals and businesses about building wealth quickly and safely.
Through his company Money Ripples, Chris exposes popular myths and presents an effective framework for passively achieving financial prosperity.
Chris invites you to take action right now. Secure that first good investment and financial growth will manifest one deal at a time.
Start living the life by investing passively today! Listen to Money Ripples with Chris Miles at https://moneyripples.com/blog/.
Thou Shall Prosper with Rabbi Daniel Lapin (Part 2) | 634
How does inflation impact our journey to creating wealth? What can we do to mitigate it? Rabbi Daniel Lapin is back for part two on how to prosper financially in business. Rabbi Daniel, known widely as America's Rabbi, is a noted rabbinic scholar, TV host, and author of Thou Shall Prosper: Ten Commandments for Making Money. In today’s show, he provides an illustrative analogy of inflation that highlights the impact and cause of the phenomenon in society and in our wallets. Rabbi Daniel also discusses the only thing you can do to overcome inflation: increase revenue. He emphasizes the importance of understanding the value of money and the value of what you bring to the table for business. Listen to this episode and get valuable money lessons from a guru and expert.
Thou Shall Prosper with Rabbi Daniel Lapin (Part 1) | 633
Do the Jews hold the secret to financial prosperity? Joining Chris Miles for today's episode is Rabbi Daniel Lapin, known widely as America's Rabbi, a noted rabbinic scholar, best-selling author, and a TV host. Pairing his inheritance as a descendant of a multi-generational rabbinical family with his background in science and business, he teaches ancient Jewish wisdom in an unparalleled manner. With insights from his book, Thou Shall Prosper: Ten Commandments for Making Money, Rabbi Daniel shares important principles around making money in business. It's not so much about religion but about how you do business. Listen in for more valuable lessons that will guide you to prosperity.
Understanding The Benefits Of Disability Insurance And Long Term Care With Greg
Are you committed to enriching your life to create a ripple effect on others? Do you want to gain freedom and more control over what’s happening around you? Because of many uncertainties that could happen to anyone right now, you want assurance and stability. Join your host Chris Miles as he sits down for a conversation with Greg Nelson on the importance of disability insurance and long-term care. Greg is the owner of Strategic Benefit Coach, a full-service insurance agency. In this episode, he dives deep into health insurance and income protection plans so you can plan for your future and not worry about losing money when something happens. You need to feel secure, which means you must also think about your loved ones. Tune in to learn how to start making your money work for you.
Are Financial Experts Wrong Or Just Lying To You I 631
What’s the deal with financial experts? Are they wrong, or are they just lying to you? Whichever the case may be, you always end up being the victim. Take Dave Ramsey and Suze Orman as examples. They are unquestionably two of the most popular of these financial gurus right now. But do their advice make any sense? Do they even practice what they preach? In this episode, Cash Flow Expert and Anti Financial Advisor Chris Miles talks about what the real numbers are and how it can make a big difference in your life. Be prepared for a shocker!
How to Create a 7-Figure Coaching Business Now with Krista Mashore | 630
Link to challenge: https://timetothrivechallenge.com/go?source=podcast&a=100851
Krista Mashore is in the top 1% of coaches nationwide. She’s the author of 4 best-selling books about digital marketing and was named Yahoo! Finance’s number 1 digital marketer to watch in 2021. She is with us today to share her story and talk about how you can create a 7-figure coaching business.
Key Talking Points of the Episode
[01:31] Listen to Simple Passive Cashflow!
[02:15] Who is Krista Mashore?
[04:01] What is Krista’s background?
[05:46] What made Krista decide to change her career path?
[06:35] What helped Krista transition to the coaching space?
[07:17] How did Krista get to where she is today?
[08:10] What drove Krista to what she has done?
[10:40] Why should we listen to the callings?
[11:40] How did Krista overcome the doubts people had about her decision?
[15:00] What is Krista’s favorite part of coaching?
[16:30] How can the Time to Thrive program help people?
[17:17] What is one of the biggest challenges people have?
[19:58] How can the right kind of mindset help people get through the recession?
[20:47] Who will you learn from in Time to Thrive?
“I’m super happy, super fulfilled. I love giving back to people. I’m kind of a teacher at heart but I have my life back and I have time back.”
“It cost me a million to make a million and no one ever talks about that.”
“Who cares about all the success in your life if, at home, your family life is failing?”
“I think what we have to do as people is to make sure we are listening to call it the universe, the higher power, God, whatever it might be, and listen to those callings.”
How to Be Financially Free Despite Inflation | 629
Financial independence and financial freedom are two different things, and with the right mindset and discipline, you can achieve both. You don’t have to be dirt cheap, you don’t have to keep on saving, you just need to have to think the right way and invest in the right things.
Key Talking Points of the Episode
[01:22] Invest with preREO!
[02:14] What is the difference between financial independence and financial freedom?
[03:55] How do you achieve financial independence?
[04:38] How much do you need to make to achieve financial independence?
[05:20] What happens with your money in mutual funds?
[06:45] Does the 4% rule really work?
[07:30] Do you need to live cheap to be financially free?
[08:32] Why is 3% better than the 4% rule?
[09:28] How can you make the most out of saving when you’re younger?
[10:53] How do alternative investments work?
[12:09] Why are alternative investments better than mutual funds?
[13:34] How flexible can alternative investments be?
[14:39] What kind of investments have the most growth potential?
[15:25] Why is it important to have an abundance mindset?
[18:36] What does it really take to become financially free?
[19:31] Why do you need a purpose for the money you’re making?
“You gotta know what your monthly expenses are. If you don’t know this number, it’s gonna be vague, it’s not gonna work.”
“I think that if you wanna be financially independent truly, and this is based on today’s dollars, you need to hit your monthly expenses plus 10%.”
“For many of us, unless you’re single, $60K a year isn’t really much anymore, is it? It’s really not enough to feel free, that’s for sure.”
Not what I was expecting!
Chris Miles is such a great host discussing financial topics that you’re not hearing other places. Thank you!
Tons of advice
This podcast covers every end of the investing spectrum. Chris is easy to listen to and brings a ton of practical advice to just about anyone looking to become financially free. His guests are great and the episodes are short enough to listen to during your commute. Awesome podcast.
Inspiration & Insights
Inspiration & insights to transform businesses & lives. Achieve a higher level of success by tuning in to Chris and guests. Karen Briscoe, author and podcast host 5 Minute Success