Money Ripples Podcast

Start making passive income here: https://bit.ly/3M4gDv0 Everyone's talking about the new 50 year mortgage, and a lot of people are either hyping it as the key to homeownership or condemning it as a debt trap. In this episode, I break down the math, the myths, and the reality so you can decide if a 50 year mortgage actually moves you closer to financial freedom or quietly keeps you stuck. That's why I don't just react emotionally to headlines; I run the numbers. Today, I compare a 50 year mortgage to the traditional 30 year mortgage and even the 15 year mortgage that gurus like Dave Ramsey often push. We talk interest rates, amortization, total interest cost, and the impact on your monthly cashflow and long-term wealth. I walk through specific scenarios: a $500,000 home with 5% down, a 30 year mortgage at 6.25%, and a 50 year mortgage at 6.75%. On paper, the 50 year mortgage sounds like it should radically lower your payment and make homeownership more affordable. But when we actually do the math, we find the difference in monthly payment is surprisingly small around $150 per month not the life-changing savings many people are expecting. So if you're already far from qualifying for a home, stretching to 50 years probably won't magically fix that. We also tackle the biggest fear: "You'll pay a ton more interest and never build equity." I explain why mortgage interest is simple interest, not compounding, and what that means when you stretch out a loan over 50 years. Yes, you will pay more total interest if you keep the loan that long but the real question is: how long are you actually going to live in that house? For most people, the answer is closer to 7–10 years, not 50. From there, I dig into the real-world risks and opportunities. If you're a spender and you never save the difference, a 50 year mortgage will not save you. If you're a disciplined steward of your money and you use the lower payment (even if it's modestly lower) to build liquidity, emergency reserves, and investments, then the flexibility of a longer mortgage can actually protect you during job loss, business downturns, or medical surprises. I share why I'd rather see you keep cash in your hands than trap all your dollars as home equity you can't easily access in a downturn. We also look at appreciation and inflation. A longer-term loan lets you repay your mortgage with devalued future dollars, while your home value may be rising over time. I show what happens to a $500,000 home growing at just 3.5% annually and how that compares to the "extra" interest you pay on a 50 year mortgage. We also stress-test the idea of "investing the difference" what rate of return would you really need to offset the longer term? Finally, I give you my honest take: when I would consider a 50 year mortgage, when I'd avoid it, and why I personally still like a 30 year mortgage for most situations even though I'm absolutely not in a hurry to pay mine off early. If you've been wondering whether this new 50 year mortgage is a blessing, a scam, or just clever marketing, this episode will give you the clarity and context you're not getting from the headlines.

Start making passive income here: https://bit.ly/43t4xle A lot of people have heard of the book Think and Grow Rich by Napoleon Hill, but very few actually know how to apply it in real life, right now, in the 21st century. In this episode, I sit down with David Meltzer, the chairman of the Napoleon Hill Institute, to break down how to truly live these principles so you can create real wealth, real impact, and real happiness. If you don't know David's story, it's powerful. He made over $100 million, ran the iconic sports agency that inspired the movie Jerry Maguire, and then lost it all. Bankruptcy. Starting over from below zero. What changed everything for him was coming back to the timeless philosophies of Napoleon Hill and learning how to engineer wealth instead of just chasing money. In our conversation, David and I dive into how to move from "I'll be happy when…" to living "for the sake of what." We talk about what it really means to define a definiteness of purpose, why so many people drift without clarity, and how your behaviors what you consistently think, say, do, believe, and feel either move you toward your potential or away from it. David shares how mentors like Bob Proctor, Sharon Lecter, Greg Reid, Jack Canfield, and even the work of Wayne Dyer helped him reframe his failures, rebuild his life, and apply Hill's principles from books like Think and Grow Rich, Three Feet from Gold, and Outwitting the Devil. We dig into his concept of "a thousand steps" and why 90% of the time it takes to achieve anything meaningful is spent on the first 250 steps right where most people quit. We also tackle why people struggle to ask for help, and how the fastest way to get where you want to go is to help someone else get where they want to go. David explains why comparison is the thief of joy, how social media has created a generation of "virtual Great Gatsbys," and why chasing an image of success keeps you broke, frustrated, and exhausted. If you've ever felt like you're three feet from gold, this episode will give you a new way to interpret pain, setbacks, and "failures." David explains how to see them as promotion, protection, love, and perfection, not punishment. That shift alone can completely change the trajectory of your financial life. We wrap up by talking about David's mission to empower over a billion people to be happy by teaching them to make a lot of money, help a lot of people, and have a lot of fun. He even shares how you can get a free signed copy of his book, straight from him. If you're serious about passive income, financial freedom, and building a rich life with purpose, this conversation will help you connect the dots between timeless wisdom and modern application. You'll walk away with practical ways to align your mindset, your habits, and your money with the person you're truly meant to become. David's Links: - LinkedIn: https://www.linkedin.com/company/davidmeltzer/ - Facebook: https://www.facebook.com/davidmeltzer11/ - Instagram: https://www.instagram.com/davidmeltzer/?hl=en

Start making passive income here: https://bit.ly/4ozuSq1 What if you could access 0% funding from $50,000 up to $250,000 and strategically use it to grow your business, invest in real estate, and even stack rewards so the money effectively pays you? In this episode I sit down with Ari Page, owner of Fund&Grow, to unpack how 0% business credit cards and a smart card-stacking strategy can create real, usable liquidity when traditional banks say "no." Ari's story starts in 2007 inside a mortgage company as LTVs shrank overnight and deals collapsed. The workaround they found business credit cards that don't report to your personal credit and offer 0% introductory periods (six to as long as 22 months) became a scalable system for entrepreneurs, investors, and professionals who need fast, flexible capital. We break down why these products are treated more like micro-loans than mortgages, why they're less regulated, and how banks use 0% offers to attract high-quality business clients (so you can benefit from the teaser rates, points, and perks). We go deep on the card-stacking sequence: which issuers to start with, how merging limits works (e.g., opening a new 0% card and combining it with an existing line to make the larger line 0%), and why keeping utilization off personal cards preserves your FICO while you continue stacking on the EIN side. We also cover the DSCR-style thinking for small business owners why liquidity at 0% can be more valuable than chasing higher-cost lines and how to avoid the biggest mistakes (like using this for personal bills or speculative trading). If you're a dentist buying equipment, a contractor scaling crews, or a real estate investor funding marketing and light rehabs, this is built for you. One of my favorite tactical nuggets: using a business credit card for contractor payments. If workmanship isn't up to code or a project stalls, you have chargeback/dispute protection forcing the vendor to respond to the bank (not just you). That leverage can get the job finished, protect timelines, and preserve capital. Add in 2% cash-back options and the airline transfer sweet spots (move points from the card portal to the airline account for outsized value), and your effective cost of capital drops even further. Who is this not for? Folks with poor credit, people trying to make next month's mortgage payment, or anyone looking to punt into bonds/crypto directly with cards. Who is it for? Responsible entrepreneurs, professionals, and real estate investors who want low-cost working capital to buy equipment, fund marketing, bridge project timelines, and scale with discipline. Ari also shares a no-inquiry, soft-pull prequalification to see your potential total limits and a consult to map your sequence. If you've felt boxed out by today's tight lending, this episode shows a practical, compliant path to work-optional faster: build liquidity, protect your credit, and put other people's money to work at 0%. Ari Page's links: - LinkedIn: https://www.linkedin.com/in/aripageceo/ - Facebook: https://www.facebook.com/aripage.fundandgrow/ - Instagram: https://www.instagram.com/aripage.fundandgrow/ - Website: https://funding.fundandgrow.com/f-g-organic-linkedin1724878205877

Discover why mutual funds, often seen as safe retirement bets, carry a staggering 99% failure rate in achieving true financial freedom. Learn the crucial difference between risk and failure, and how common strategies fall short due to inflation and withdrawal rules. Explore alternative investments that promise higher cash flow and significant returns, including real estate and life insurance. Uncover the importance of diversification and active management to enhance your financial success, shifting away from the outdated 'set-and-forget' mindset.

Hitting 1,000 episodes is wild, and I wanted to celebrate it the right way: by flipping the mic and letting you ask the questions. In this special, unscripted, zero-rehearsal episode, I bring two Money Ripples listeners, Jeff Holbrook, a physical therapist and father of five from Salt Lake City, and Jen, a Montana farmer and rancher, straight onto the show to ask the questions so many people quietly carry around. If you've ever wondered how to apply these strategies when you're living paycheck-to-paycheck, how Infinite Banking really compares to my Max ROI System, or how to mentor teens with their first $10,000 in savings, this one is for you. Jeff kicks us off with the most honest question there is: "How can an average Joe become financially free when there's no 'fat' left to cut?" I walk through the same process I used when I was more than a million dollars in debt. It starts with cash flow first: freeing up monthly money using the Cashflow Index, identifying tax inefficiencies, restructuring payments, negotiating when needed, and then relentlessly focusing on income creation instead of only cutting back. Warren Buffett and Charlie Munger both emphasized that the first $100,000 is the hardest, and I explain why that milestone should be the near-term target before worrying about investing. This is the entire philosophy behind the Work-Optional Blueprint and the Wealth Accelerator Academy. Jen brings the conversation into Infinite Banking and asks how my Max ROI design differs from Nelson Nash's original approach. I break down the key difference: the concept is solid, but the policy design is everything. Many traditional structures delay cash value for years. I show why I prioritize liquidity, investing utility, and reduced internal costs so clients often see significantly higher early cash value — which in real life can result in tens or even hundreds of thousands of dollars of savings over time. Jeff then asks about the part of my story I usually gloss over: how I climbed out of seven-figure debt without filing bankruptcy. I talk about selling off everything from toys to cars, turning in a Mercedes, facing foreclosures, slashing expenses to the bone, accepting help when needed, rebuilding income, and stacking passive income streams one at a time until I reached financial independence again in late 2016. It wasn't glamorous, but it was real, repeatable, and grounded in principles anyone can apply. Jen closes by asking how to guide teens who have saved their first $10,000. I share the playbook: keep the money safe in high-yield cash while they work toward their first major financial milestone, consider a properly structured parent-owned policy as a long-term growth tool, and let them co-invest in small slices of your deals so they learn through real numbers, real returns, and real responsibility. That's how you build wise stewards, not just savers. We wrap by talking about what's ahead: David Morgan's conversations about central banks, the concerns around CBDCs, and why I continue to favor real assets like real estate. Thank you for 1,000 episodes and 11½ years of ripple effects. My goal is simple: help at least 1,000 families reach financial independence by 2030. Start making passive income here: https://bit.ly/4qPxvpu The Work Optional Blueprint: https://a.co/d/fFzl9Zw

👉 Pre-order your copy here: https://a.co/d/3DFRqXy Ready to build your Money Habit? - Pre-order The Money Habit today and take the first step toward mastering your finances and creating lasting wealth. What if one simple change with a credit card could free up hundreds of dollars in cash flow every month? In this episode, I sit down with my friend and bestselling author Mike Michalowicz (Profit First, The Pumpkin Plan, All In, and now The Money Habit) to unpack a deceptively powerful tactic you can implement today and the money psychology behind why it works. We start with Mike's ultra-practical subscription audit move: open an additional credit card, write "SUBSCRIPTIONS" on it with a Sharpie, and route every subscription streaming, software, app trials, memberships, even that "smart" mattress plan onto that one card. When the monthly statement hits, you feel a productive dose of pain and clarity. That visibility exposes zombie charges you forgot about and forces better decisions. Mike's seen people reclaim hundreds to over a thousand dollars a month using this alone. I've felt that sting myself. Even when you think you're tracking everything, consolidation turns "invisible" expenses into obvious targets. From there, we zoom out. Mike shares the hard-won story behind Profit First how chasing revenue without true profitability led to a crash in 2008, a humbling reset, and the system that's helped entrepreneurs (me included) run healthier businesses and lives. We translate those principles to personal finance with his new book The Money Habit: don't try to become a different person; channel your existing habits to win with money. You'll hear two big frameworks that clicked for me: Optimal Foraging Theory (hunt → preserve → consume). Most of us "hunt" income and immediately consume, but the win is in preservation first automating how every incoming dollar gets stored and allocated before you ever spend. Then there's Parkinson's Law applied to money: expenses expand to the cash available. That's why "I just need to make more" rarely fixes anything. More control before more income is the unlock. We also hit the myth of lottery-winner doom. Mike's research shows winners with a money system become measurably happier; those without one spiral. Same income, different outcome because systems beat willpower. On a personal note, I share how adopting Profit First years ago helped me carve out real profit, invest, and ultimately become work optional with enough passive income to let me choose how I spend my time. If you're serious about building cash flow and living a rich life now (not someday), this conversation gives you a fast, implement-today tactic plus a durable framework to keep what you earn and multiply it. Mike Michalowicz's links: - LinkedIn: https://www.linkedin.com/in/mikemichalowicz/ - Website: https://mikemichalowicz.com/ - Facebook: https://www.facebook.com/MikeMichalowiczFanPage/ - Instagram: https://www.instagram.com/mikemichalowicz/ Start making passive income here: https://bit.ly/43LgjY9 Buy our book: https://a.co/d/fFzl9Zw

In this discussion, Chris Larsen, founder of Next Level Income and an experienced real-estate investor, shares how losing his best friend inspired his financial journey. He advocates for car washes as a lucrative alternative investment, explaining their operational advantages over traditional real estate. Chris unveils strategies like membership models to stabilize income and discusses the potential of roll-ups in the industry. He also highlights the role of technology in optimizing revenue, all while maintaining enthusiasm for multifamily housing opportunities.

In a world of economic uncertainty, the quest for guaranteed, tax-free passive income takes center stage. Discover the Max ROI Infinite Banking strategy that not only ensures safety but also liquidity. A dentist's success story illustrates how funding a whole life policy can yield substantial tax-free income over the years. Learn why being proactive is crucial in volatile markets, the importance of mixing offense and defense in your financial portfolio, and why specialized whole life insurance trumps universal life.

Start making passive income here: https://bit.ly/3WwjsXX Buy our book: https://a.co/d/fFzl9Zw Gold and silver have been on a tear this year but is the run finished or just getting started? In this episode, I bring back David McAlvany of the McAlvany family/McAlvany Group a team with roots in precious metals all the way back to the 1970s, when they helped push for U.S. gold ownership to be re-legalized on January 1, 1975. With more than 50 years across gold, silver, platinum, and palladium and experience managing hard-asset equity strategies David joins me to separate signal from noise so we can make smarter moves right now. We dig into the critical difference between owning physical metals as wealth insurance and owning miners for growth. David explains why miners can be a powerful accelerator during the right 10% of the cycle (and a headache the other 90%), why balance sheets and geography matter, and why technical "overbought" doesn't automatically mean "topping out" when an asset is still massively underowned. You'll hear how central banks have been setting the tone for gold's move while many investors are only just waking up despite mainstream voices starting to shift. David cites changing frameworks from big names on Wall Street, including calls for double-digit gold allocations alongside stocks and bonds, as a sign of a deeper regime change in how portfolios are being constructed. We also unpack silver's catch-up phase. You'll learn the key gold-to-silver ratio levels David watches (why ~80:1 suggests silver value, why sustained moves into the 40s–50s can mark overheating, and how 2011's ~31:1 print showcased silver's potential outperformance). If you've felt like you "missed it," we cover a practical path: using ratio and premium trading to compound ounces over time swapping between metals when the ratio stretches to grow your stash without trying to time every price wiggle. That can function like "synthetic cash flow" from a non-cash-flowing asset. Curious about the white metals? David walks through platinum and palladium's industrial ties, why multi-year supply deficits matter, how changing EV versus internal-combustion assumptions ripple through demand, and where these metals may fit for diversification. We also tackle the popular question: Is crypto the new gold? David lays out how bitcoin has behaved like a risk asset during equity selloffs while physical gold has held up as true portfolio insurance. Finally, we talk legacy. David's "ripple effect" centers on stewarding both tangible and intangible wealth character, values, and family culture alongside the ounces, shares, and properties. If you want metals to play the right role in your plan hedging inflation, dampening volatility, and giving you optionality this conversation gives you the frameworks and numbers to act with confidence. If you're serious about building passive income and becoming work-optional, understanding how to position precious metals in 2025 is essential. Tune in to learn when physical shines, when miners can add torque, how to read the ratio, and how to compound intelligently without betting the farm. David's links: Website: https://davidmcalvany.com/ Facebook: https://www.facebook.com/DavidMcalvany/ X: https://x.com/davidmcalvany

Start making passive income here: https://bit.ly/4quPe59 Everyone quotes the Dave Ramsey Millionaire Study like it's gospel but here's the problem: the numbers don't tell the whole truth. In this episode, I break down what that "largest study of millionaires" actually was, what it wasn't, and what real millionaire data suggests about paying off your mortgage, investing, and building wealth faster than the standard 30–40 year track. Before anyone grabs pitchforks, I'm not here to bash Dave. He's helped a lot of people get control of their budgets and get out of debt. But when it comes to creating wealth, there are cracks in the logic behind the study that's often cited to justify "always" paying off the home before investing more. Words matter. In a viral clip, Dave says millionaires never invested instead of paying off the house then seconds later says almost never, then less than 10%. Which is it? That shift alone should make you ask better questions. So I did. I dug into the study. It wasn't an independent, randomized sample of American millionaires. It was a survey of Ramsey's own audience run over roughly six or seven weeks (late 2017–early 2018). If you survey your own followers people already primed to use 401(k)s, pay off mortgages, and avoid leverage you'll get exactly what you taught them to do. That's not "the nation's millionaires"; that's your community. What does broader data say? The Federal Reserve's Survey of Consumer Finances shows a significant portion of millionaire households still carry mortgages. Many build wealth with a mix of assets not just a paid-off house plus a 401(k). Other sources that look at higher net worth households Spectrum Group, Capgemini, and even communities like Tiger 21 show meaningful allocations to real estate and alternative investments, along with business equity and cash. In other words, there isn't one narrow path. From nearly 25 years in the trenches first as a traditional advisor and since 2006 helping clients create passive income with alternative investments I've watched people accelerate their timelines by deploying capital into cash-flowing assets: rentals, real estate-backed funds, and businesses. I've seen clients go from a few hundred thousand in retirement accounts to million-plus net worth in a handful of years, without "swinging for the fences." Not get-rich-quick get-rich faster (and smarter). Do some millionaires end up with paid-off homes? Absolutely. Often after they've already built substantial cash flow and net worth. That's a phase decision, not a cause of wealth. Personally, I've got a low-rate mortgage and plenty of investable opportunities. If one day I'm long on cash and short on compelling deals, sure I might kill the mortgage. Until then, capital works harder elsewhere. Bottom line: don't accept "always" and "never" in finance. Understand sequence, strategy, and stage. If you want work-optional freedom sooner, you need assets that pay you now not just someday. Run the numbers. Question the narrative. And build a plan that matches your goals, risk, and timeline. If you're ready to explore alternatives to the one-size-fits-all approach, let's talk at MoneyRipples.com. And if you found additional studies on millionaires and asset allocation, drop them in the comments I read them.