“Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are.” James W. Frick
It’s no secret that there is a massive transfer of wealth occurring right before us. The disparity between rich and poor grows wider each passing year. One could argue that this in part due to the underserved education related to financial literacy in today’s American culture
Our guest on today’s episode is Chris Miles, a Money Mentor, Cash Flow Expert, and Anti-Financial Advisor who teaches entrepreneurs and professionals how to get their money working for them today. He’s also the host of The Chris Miles Money Show and Founder of Money Ripples, a company that helps people quickly create wealth by increasing monthly cash flow. Chris’ passion is to help educate the masses on how to take control of your finances and achieve their own financial Independence. Chris has personally helped his clients save over $200 million from learning fundamental financial literacy principals. Chris believes that every dollar should have a job that ultimately works for you.
In this episode, we cover:
Becoming financially independent-twice
Why every dollar should have a job
Eliminating the destructive expenses from your personal and business finances
Amplifying your money to serve others
Getting your money out of financial prison
Managing your personal finances like a business
Chris addresses each of these informative topics and so much more in this knowledge-packed episode! Tune in to learn how you can pave your own way to abundance and financial freedom.
Final four questions:
1. What do you like to do for your continued education to further your investing?
Chris: “Some of the best education you can get is just by being around many different people from different backgrounds and learning from them. Also, podcasts can be your own way to mastermind from home. Get different perspectives on the same angle or problem.”
2. What are some lasting lessons you’ve learned along your journey?
Chris: “It all comes down to what your profit is each month. How much do you have leftover, in business and in your personal life? That difference is where freedom lies because that gives you options in life. Don’t bank on appreciation and the ‘sexy’ parts of investment. Oftentimes, success lies in the boring parts. Focus on your cash flow and your profit. That’s the best thing to do.”
3. What advice do you have for listeners to help them grow their business?
Chris: “There’s a great book I read called The Pumpkin Plan by Mike Michalowicz that talks about how record-breaking pumpkin growers grow the biggest pumpkins. Growing your money or your business works the same way. How can you chop off all the distractions and the things that don’t make you a lot of money, so that you can go for the best ROI possible? What actually makes you happy? That’s where you’ll make more money in less time and with less work.”
4. How can the listeners learn more about you and connect with you?
Chris: “Listen to the podcast or visit Money Ripples.”
Resources mentioned:
Who Took My Money? by Robert Kiyosaki