Episode 61 - Making Your Money Ripple with Chris Miles
Chris Miles is the 'anti-financial advisor guy' and host of the Money Ripples podcast. Chris has a story we can all relate to: a father who did everything right to save (from a scarcity mindset) and yet was still left without enough to retire on. This led Chris to a career as a financial advisor.
He was retired by 26 as a millionaire, broke again in his 30s, and wealthy again now. And we're all the richer, too, for his valuable financial insights that he shares with Sam Primm, who is flying solo on this episode.
Learn how to get your money out of prison and do the opposite of what the rat race is wanting you to do. Understand how to beat inflation during a recession – with property – and get your money to ripple like Chris does. He's chatting to Sam while on holiday for a month in Hawaii, so we know he's doing something right! Please join us.
"Get cash flow under control. Make sure your finances are under control, and also make sure you're getting passive income coming in, where you're not having to work all the time. You are 'work optional.' You work because you want to. Not because you have to." - Chris Miles
Resources
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WHAT’s IN THIS EPISODE?
- Reading Rich Dad, Poor Dad – and having a dad who hadn’t saved up enough to retire
- How did Chris retire at 28?
- How Chris went from being a millionaire to an "upside-down millionaire" in his 30s
- How to get your cash flow under control
- Becoming a wiser steward of your resources without going into the scarcity world
- Get your money out of prison!
- Strategies to beat inflation
- Why now is one of the best times to have cash
- Why you shouldn't bank on appreciation
- Why real estate is a safe place to hold your money in an inflationary market
- The masses go broke – always question the mainstream
- What are Will Ferrell and Ryan Reynolds's net worth?
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