Breaking Free from Traditional Finance with Chris Miles
Ever grappled with the flaws of traditional financial planning? What if there is a more efficient way to achieve financial freedom? We sat down with Chris Miles, the anti-financial advisor, who has been there, done that, and now lives to tell the tale. A former financial advisor turned real estate investor, Chris debunked the myths of financial planning and unraveled his path to retirement at the tender age of 28. He let us in on some secrets, including why focusing on passive income and cash flow, instead of traditional financial planning, might just be your ticket to financial independence.
Would you rather wait till you hit 60 to access your 401Ks or would you be bold enough to explore alternatives that could deliver quicker returns? Chris unpacked a myriad of investment options that go beyond the conventional retirement accounts. We delved deep into the often-ignored drawbacks of 401Ks, the merits of self-directing 401Ks, saving accounts, infinite banking, and turnkey rentals. Not forgetting, the significance of effective property management in reaping maximum returns from your investments.
But how do we achieve that elusive financial independence and live a life of abundance? Chris shared his invaluable insights on breaking the 70k income ceiling, and how understanding the principle of ‘dollars following value’ can skyrocket your income. He prompted us to track our money, increase our income, and automate our savings. As an added bonus, Chris has a free book “Beyond Rice and Beans: Seven Secrets to Free Up Cash Today” for anyone looking to free up some cash. From his journey to his teachings, Chris Miles is a treasure trove of financial wisdom. To learn more from Chris, tune in to his Money Ripples YouTube channel or visit his website, MoneyRipples.com. You don’t want to miss this!
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