There are a lot of misconceptions around money that many people are not aware of. For instance, many people believe that if you make a lot of money, you are wealthy. The truth is, you can make a lot of money and have no assets, and that’s the case with many people. In this episode, I will be tackling some of the subtle misconceptions when it comes to money. I firmly believe that no matter how much money you are making, you should always have a part of your money working for you. Do you remember last year when Covid hit, and the government decided to make us close everything? Many people were negatively affected financially, and the only safe people were those who had their money-making more for them consistently. If you want to have financial freedom, you need to have multiple channels of passive income. Such that if one channel closes, you’ll still have some money coming in. There is a shocking statistic that shows that 98-99% of Americans do not have passive income. Also, some of the millionaires we have do not have enough passive income. Listen to this episode and learn more about subtle deception when it comes to money. Key Talking Points from the Episode: [02:04] Making a lot of money equate to more wealth [04:44] Making passive income a priority Standout Quotes from the Episode: “If you do not have passive income, especially multiple streams of passive income coming in you are in danger.” “Your goal should not just be building that business; your goal should be creating enough passive income to where you work because you want to not because you have to.”   Do you have some money somewhere that’s just sitting and not making you more? Feel free to reach out to me, and I will guide you on what you can do.

There is a considerable difference between wealth and income. Many people tend to confuse the two. One of the significant differences is that income is transactional, meaning you must keep showing up to make money. Have you met people who make multiple six or seven-figure incomes and are still broke? In this episode, I have Dr David Phelps joining me on the show. David and I will be talking about the inconvenient truths of high-income earners. David owned and operated his private practice in the dental space for 20 plus years. Significant life interruptions happened. Luckily, he had been doing things in the real estate game and investing doing things outside of the traditional norms. As a result, he was able to have more time to his disposal. David will share his story. Listen and learn. Key Talking Points of the Episode: [03:24] Getting to know David's story [07:43] What is happening in the real estate market? [11:27] Inconvenient truths of high-income earners [22:20] Captive insurance Standout Quotes from the Episode: "Everybody forgets and when times are good, people tend to forget that not everything keeps going up forever." "Whatever you start today, whatever your construct is, start it early and add to it as you go that compound effect the snowball effect in a positive way." Resources Mentioned: Secured Investment Corp: https://securedinvestmentcorp.com/ Visit us online at moneyripples.com. For more resources to help you fix money leaks and get your money working harder for you now.

The world we live in is full of uncertainty. There is uncertainty with real estate, the stock market, crypto, and even the government. The noise is so loud that we feel lost in uncertainty, and we feel like everything is out of control. We gravitate towards hyper control as a way of dealing with uncertainty. The truth is, hyper control cannot solve anything. It’s just a way of making us feel in control. Key Talking Points of the Episode: [03:45] Dealing with uncertainty with hyper control Tips on how to deal with uncertainty [11:37] Go back to your earliest memory of success [14:28] Follow your intuition and trust yourself. Standout Quotes from the Episode: “When you feel out of control, you’ll usually try to hyper control other parts of your life.” “When you’re dealing with uncertainty, it’s not the world you’re afraid of. It’s you, you don’t trust” “My intuition tells me that it’s not a matter of if, it’s a matter of when things do turn around.” “If you create certainty within yourself, trusting your intuition, and you’re connected to people that do the same as well, you will find that you will tend to go the right path.” Resources Mentioned: American Homeowner Preservation: https://www.ahpfund.com/ Visit us online at moneyripples.com. For more resources to help you fix money leaks and get your money working harder for you now.

Can you create true wealth through the stock market? Do people use TikTok for educational purposes? In this episode, Dr. Sunil Saxena shares his strategy to reach over 640k followers on TikTok in only 8 months. Listen in and learn how to leverage social media to build your real estate business. Key takeaways to listen for Cons of investing in the stock marketBenefits of using social media for businessHow to get started in real estate  About Dr. Sunil Saxena Dr. Saxena has started 6 successful companies mostly focused on real estate and real estate development. He’s been active in the DC real estate market since moving to the area in 2001 and has been involved in construction, remodeling, development, and sales. Connect with Dr. Sunil Website: https://thesunilsaxena.com/Instagram: www.instagram.com/thesunilsaxenaTik Tok: www.tiktok.com/@thesunilsaxena Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris: http://moneyripples.com/

What does ''wealth'' mean? Does money make people more abundant? An abundance mindset is the X factor that will create faster and impactful results. Dial in and learn the principles of true prosperity. Key takeaways to listen for Scarcity vs. Abundance thinkingThe key to reaching true prosperityExample of an abundance mindsetHow you should think of money Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris: http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

Would you consider franchising as an option? Is franchising more convenient than starting your own business? Franchising is not for everyone, but it can be a great path to business ownership for many people. Dial in and learn what a franchise deal looks like and its potential returns. Key takeaways to listen for Advantages of franchise businessesWhy you should add a franchise to your portfolioTrending industriesFunding options About Jon Ostenson Jon is a consultant, investor, author, and international speaker specializing in the area of non-food franchising. Jon serves as CEO of FranBridge Consulting where he helps clients understand all aspects of franchising in the process of introducing them to opportunities from the over 300 high-growth brands that he represents.  Connect with Jon E-mail: [email protected]: www.linkedin.com/in/jonostensonWebsite: www.franbridgeconsulting.com Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris: http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

Are all investments useful for this strategy? When can you access this money? Everyone's situation is different, and there's no such thing as a one-size-fits-all strategy. Dive into this episode and learn the pros and cons of self-directed IRA and whether you should consider it or not. Key takeaways to listen for How self-directed IRA works and its rulesThe best types of investment to use with IRAStrategies to minimize taxes Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris: http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

Is it a good time to buy or sell your business? What does a business deal look like? SBA loans have incredible benefits, but not many people can qualify for one. Listen in as Andy Cagnetta shares the best alternatives to get financing on your business. Key takeaways to listen for The current state of the business worldSBA loan benefitsBest way to get financedHow to attract private lenders About Andy Cagnetta Andy is the CEO of Transworld, a company that assists business sellers to locate and vet potential buyers, and facilitates buyers in the process of evaluating potential businesses and franchises on sale. Connect with Andy Website: www.tworld.comPodcast: www.thedealboardpodcast.com Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris: http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

Do banks use this strategy? Are you actually avoiding interest when you pay cash? In this episode, Chris dives deeper into Infinite Banking and explains how to leverage your whole life insurance to become your own bank. If you're a real estate investor or a business owner, tune in and find out how to get your money to pay you twice. Key takeaways to listen for Compound interest vs. Simple interestHow much you can earn if you don't pay  off your mortgage fasterMax ROI Infinite Banking: how it works and its benefitsWhy this strategy is great for real estate investors Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris: http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

What questions should you ask your deal sponsor before investing? Is networking important in real estate? Investing in a deal without doing proper due diligence could cost you a lot of money. Listen to this episode and find out the keys to being a great passive investor. Key takeaways to listen for Benefits of doing real estate syndicationHow to become a better passive investorThe importance of doing research on your deal sponsor About Kent Ritter Kent is Managing Director with Birge & Held Asset Management, a multifamily private equity firm with over $1.4 billion in assets under management. Kent's skillset as a multifamily operator draws from a successful career as a management consultant and startup owner. Now, he applies this skill set to transform apartment buildings and create modern, affordable housing for America's workforce. Connect with Kent Website: www.kentritter.comPodcast: www.kentritter.com/podcast Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results. Connect With Chris http://moneyripples.com/https://www.facebook.com/moneyrippleshttps://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA