Multifamily Insights

Breaking Money Myths with Chris Naugle, Ep. 743


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Chris Naugle is America's #1 money mentor, a former pro snowboarder turned entrepreneur and founder of The Money School. He has built and managed multiple businesses, authored books on wealth, and now teaches people how to take back control of their finances using the infinite banking concept. Through his methods, Chris has helped thousands of investors and entrepreneurs rethink how money really works.

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Key Takeaways
  • Why traditional banking keeps people trapped in financial dependency.

  • The power of infinite banking and using specially designed whole life policies to grow wealth.

  • How Chris recovered from financial failure during the 2008 crash by changing his money mindset.

  • Why controlling the flow of money is more important than chasing higher returns.

  • Common myths about money and investing that keep people stuck.

Topics

From Snowboarding to Finance

  • Chris' transition from professional snowboarding to financial advising.

  • Lessons learned from losing everything during the 2008 crash.

The Infinite Banking Concept

  • How whole life insurance can be structured as your own personal banking system.

  • Why borrowing against your policy allows you to keep your money growing while using it elsewhere.

Why Control Beats Returns

  • Most people focus on rate of return, but controlling cash flow is more powerful.

  • The wealthy don't work harder for money—they make money work harder for them.

Breaking Money Myths

  • Common misconceptions about banks, debt, and retirement accounts.

  • Why conventional financial advice often benefits institutions more than individuals.

Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.

Round of Insights

Failure that set Chris up for success: Losing everything during the 2008 market crash forced him to relearn how money truly works.

Digital or mobile resource: Money Multiplier calculator tools.

Book recommendation: Becoming Your Own Banker by Nelson Nash.

Daily habit: Visualization and affirmations every morning.

#1 insight for creating financial freedom: It's not about how much you make, it's about how much control you have over your money.

Favorite restaurant in Buffalo, NY: Two Nines.

Next Steps
  • Learn more at chrisnaugle.com

  • Watch Chris' educational videos on YouTube: The Chris Naugle Channel

  • Explore resources at The Money School

  • Check out his previous Multifamily Insights Podcast episode

Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

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