The Art of Passive Income Retired By 28—Why You Need To Look Beyond The Traditional Ways
In today’s episode of The Art of Passive Income, Mark and Scott talk with Chris Miles, a cash flow expert and leading authority of how to quickly create cash flow and lasting wealth. He's been featured in US News, CNN Money, Bankrate.com and has a high repetition for getting his clients life altering financial results in his company, Money Ripples.Chris, who started out as a traditional financial advisor left that industry when he realized that those conventional investment plans do not work. He then shifted his perspective and focused on creating cash flow streams and by age 28, he was able to retire!
Join us as Chris explains in detail:
- How he created streams of income
- The three different money mentalities
- The worst advice he has seen in money management
- Undoing the scarcity mentality
And, so much more!
Chris teaches just the opposite of what financial advisors teach and shows us how the old traditional ways of scarcity don’t fit into this new world of abundance.
Listen in as we go deep into looking at retirement in a non-traditional approach!
TIP OF THE WEEKMark: Learn more about Chris Miles at MoneyRipples.com. He's got lots of resources, lots of advice, and he's got a podcast. Check that out on iTunes and all the inner web areas where you can find Chris.
Scott: If you have a hard time waking up in the morning, check out the app, Rocket Alarm. It wakes you up, and then it actually presents to you a new challenge or a new game. It gets you interacting with your alarm clock so you just can't hit the snooze button and go back to bed. It gets you to at least start to move your feet.
Chris: Read, Rich Dad Poor Dad by Robert T. Kiyosaki. The one main point that I got from it was cash flow. If you want to get to the heart of where cash flow comes from, read this book. It's the people behind the land that pays you money. There's got to be some value exchange--something creative that money must be exchanged, otherwise you're just gambling. The real way to become a really good investor with sure returns is to figure out how am I creating value, what am I doing to create value for people where they want to pay me money?
Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?