Money Ripples Podcast

Many tell you that net worth is your ultimate financial goal. But is it really? Is there a better measurement of financial success?   Chris Miles digs into the myth of net worth and which metric will give you both net worth AND financial freedom faster. Here's how to do it!   Try the calculator: https://bit.ly/3Q3c2aY

Is it possible to have enough passive income to help you be "work optional" in your 30s? What does it take to achieve this? Today's guest is Collin Montenegro, a podcast listener turned VIP client with Money Ripples, who shares his best tips and lessons that he's learned from as he has gained experience investing in alternative investments, like real estate. Here is his advice for YOU!

Many have been saying we will have a "safe landing" in our economy. But is there a bigger storm on the horizon that could cause our economy to crash and burn? Chris Miles shares three key things you can do to prepare for the INEVITABLE economic recession or depression ahead. Tune in to find out what you need to act on NOW!

It’s no secret that real estate investing has become more difficult in the last year. How can you protect yourself to ensure your real estate business survives the storms in the market? We’re joined by our special guest, Leon Barnes, with The Collective Genius mastermind group. Leon shares how some of the nation’s top investors have been able to pivot and protect their businesses in this climate. Tune in to find out how!

Dave Ramsey has very strong opinions around debt, mutual funds, and financial literacy. But does he follow the same advice he gives his followers? What does he do that is contradictory to the advice he offers? Chris Miles shares what has truly worked for Dave Ramsey's financial freedom that he WON'T teach you to do.

Many real estate investors went belly up during the real estate stall of 2022. But others came out stronger and wiser. For real estate investor, BJ Gremillion, he was no exception. From having to lay off more than 80% of his team, to pivoting his business for future growth, BJ learned a lot of lessons that we can use ourselves. Here's what he did!

Why do some of the largest banks own more than DOUBLE the value of life insurance cash value than real estate assets? What is it that banks see that others, including Dave Ramsey, don't? In this episode, Chris Miles shares why banks store a large percentage of their assets in permanent cash value life insurance. Tune in to find out their secret! Book Recommendation: "Pirates of Manhattan" by Barry James Dyke

In the current real estate market, what's the big mistake most investors are making right now? Where could there be opportunities instead? Today's guest is Nathan Brooks with Bridge Real Estate. Nathan had to pivot quickly in 2022 into his current model, which has allowed him to flourish and grow while others have gone out of business. Listen in to learn how he managed to pull it off! Want to jump on a call with him? BOOK NOW: https://calendly.com/coachingintrocall/initial-coaching-call

For the last few weeks, we've talked about how Americans are unprepared for any kind of retirement in this lifetime. But is it really your fault? Is it easier to just put it out of your mind and not think about it? Most importantly...Is there HOPE?   Chris Miles will share how his recent auto accident reminded him of the importance of hope and optimism in your situation. Tune in now!

Tresa Todd, founder of the Women's Real Estate Investing Network, discusses her successful short term rental strategy and the increasing dominance of women in the real estate space. She shares insights on transforming garages into bunk rooms and highlights the resources available for building a successful short-term rental business.