Money Ripples Podcast

What happens when you tax the rich? Is it a good idea to tax companies? The government imposes taxes to raise revenue for the benefit of the economy. In this episode, Chris Miles discusses the downside of taxing the rich and making it a lot harder for the poor to bounce back out of poverty. Key Takeaways To Listen For: Problems when the democrats tax the richWhat will happen if the government taxe...

How does the money and business situation work in the Miles/Boucha household? How should a couple work together? Should you have separate accounts? In this 500th special episode, Chris Miles and Adhis Boucha talk about how couples should deal with things in terms of relationships and money. Key Takeaways To Listen For: Why it’s important to know what you can do to earnRedefining money, currency, a...

How does the 90-10 infinite banking policy work? Does having more cash value in the 1st year really mean you'll get a better return on your money? The process by which you, as an individual, can become your own banker is known as infinite banking. In this episode, Chris Miles talks about how you can invest your money using infinite banking policies, and how you know you have the best design for ma...

Are you afraid of getting a credit line? Is it too late to learn how to manage money? Having credit is not a bad thing. You just need to be educated on how things work inside the bank. Today, A. Donahue Baker shares his expertise in building wealth. Key Takeaways To Listen For: The 6 levels to generational wealth creation Benefits of knowing financial literacy at a young ageWays to get million dol...

Are you a great "poster child" for Dave Ramsey's program? Are you asset rich, but cash/passive income poor? The way you are saving/investing your money could be the reason why you're not achieving financial goals. In this episode, Chris Miles talks about some of the reasons why people aren't achieving financial freedom and the difference that real estate investing can make. Key Takeaways To Listen...

Is it safe to invest in mortgage notes? Today, Jamie Bateman and Chris Seveney join the show and explain the benefits of exploring real estate opportunities as the economic condition changes. Learnings From This Episode: Jamie Bateman and Chris Seveney's Background in Real EstateBenefits of Investing in Performing NotesWhy Investing in Commercial Real Estate is Better than Single-FamilyRecommendat...

What’s going on with the stock market? Will it keep going higher? Today's market price is actually overvalued, so understanding how the stock market and economy work is the best way to know when to take advantage of the opportunity to invest with them. Today, Chris Miles shares his thoughts on what's working and what's not in the stock market and also on the economic side. He also gives some tips...

Looking to invest safely for passive returns? Is it good to lend money in funding your deals? One way to get your money rolling is to partner with others in real estate without your own effort. People can enjoy the benefits of a comfortable lifestyle without having to work. Today, Heather Dreves joins the show to discuss why it's a smart idea to invest in real estate and their extensive expertise...

What’s really your goal in winning your financial race? Are you competing to beat others or to make yourself better? When running in a marathon, sometimes you have to find creative ways to finish the race. This principle can also be used to create wealth and achieve financial freedom or independence. Today, Chris Miles talks about his past as a runner, and how he applied the things he learned from...

How to invest in mobile home parks? Is it a cash flowing investment? A mobile home park is considered a great place to call home. People can have the benefits of living comfortably without spending a lot of money on maintenance and repairs. As this affordable housing is getting popular, real estate investors also realize the opportunities of investing in it. Today, Jonathan Tuttle joins the show t...

What's really a financial freedom vs financial independence? What's the big difference? Most people often think that financial independence and financial freedom are the same and use the terms interchangeably. Several factors make them different and a checklist to determine whether a person is financially free or independent. Today, Chris Miles explains the big discrepancies between these two idea...

Is it good to invest in short-term rentals? Is AirBnB still growing despite Covid? Buying and managing an AirBnB property for investment is getting more popular because it can also generate a great profit. There are lots of advantages, but people should still consider certain things before jumping into investing in short-term rentals. To move fast in this business, you have to go the route of usin...

What are the states that are in real financial trouble right now?   Which one's are getting close to bankruptcy? While some states are still doing good in terms of financial situation, some states are struggling now. There are several factors why states are not performing equally when talking about the economy. These factors include state debt, pension responsibilities, and tax rates. In this epis...

Should you hold your money and wait? Is there a good time to buy real estate? Real estate syndication is a process where investors pool their capital for a real estate project that requires a large amount of capital. It can be the answer to financial freedom if both operators and investors have the same goal. Today, Lane Kawaoka shares his expertise in syndicating multifamily deals. Stay tuned! Le...

Looking to earn passive income from real estate? What are the best states to really invest in?  Rental property is one of the proven ways to create cash flow in real estate. It is a secure strategy if you're looking for a positive return in this business. But, you must understand that a successful property is also about finding a great location for investing. Today, Chris Miles talks about some of...

How can you build wealth faster using your IRA? Many people don't know some of the benefits of using money from their IRA to fund alternative investments like real estate until they get educated. In today's episode, Haley Gant shares her amazing passion for educating investors about Self-Directed IRAs and what their company does differently for people's retirement. Learnings From This Episode: Rea...

Is saving 15% enough for your retirement? What happen if the stock market is still overvalued? Most data shows that the average savings of Americans putting money in a 401(k) are still not enough not because they aren't saving enough, but because they're thought of something impossible to get from these retirement plans. Today, Chris Miles talks about the truth from the money that Americans saved...

Why do entrepreneurs fail to sell? Can you be service minded, and still be good with sales? When selling, always remember that your goal is to find out what your prospect wants and provide them exactly what they need. In today's episode, Steve Trang shares his extensive background and knowledge about entrepreneurship. He also highlights the importance of active listening and asking relevant questi...

How did the recent CARES Act affect the future of life insurance policies? What benefits will you lose if you wait too long? In today's episode, Chris Miles talks about the reasons why changes made on life insurance policies will never make it better than what it is now. He also shares some tips on how to grow faster by using the funds out of your insurance policy.  Learnings From This Episode: Ch...

How can you get more for your business than it's worth? Are you thinking about why your business doesn't sell? Nobody wants failure in their business. But unfortunately, many business owners don't even know how to plan to scale and grow their business. It is always important to know the best business plan that works effectively for your success. In today's episode, our guest Michelle Seiler Tucker...

Are you the victim or the hero of your story? Do you really want freedom? Do you want to make a difference in your life? Most people often blame their failure on others without thinking that they should be responsible for their own lives. Remember that freedom is also about taking responsibility for ourselves and understanding the consequences of our decisions. Today, we will talk about the trend...

Are you scared of passive investing? Have you heard a lot about earning passive income through real estate? What benefits would you really get as a passive investor? Investing in multifamily can be a great step to discover bigger opportunities in real estate. Despite your fear of risking more money, it is still a good decision towards your financial independence. In today's episode, Chris Miles' g...

Would you continue listening to your financial advisor and lose your freedom? Should you be impeaching your financial advisor right now? These can be the questions that you may ask yourself after listening to this episode. Remember that when you're planning for your financial independence, you don't have to be a genius to do stuff. Know your best options, and always do the right thing to succeed....

How can you identify the next thing your business needs? For many entrepreneurs, growing a business is not easy and can be so challenging. What makes it harder is the fact that they don't even know what their biggest challenge is. By knowing these needs, you'll also come up with the steps to improve and create business growth. In this episode, Chris Miles and his guest Mike Michalowicz discuss the...

Will we actually have DEFLATION? If deflation happens, where is it safer to invest? Covid-19 pandemic impacted both public health and economic crisis in most countries. Many lives and jobs have been affected that caused financial stress and suffering to a lot of people, and no one can tell how the world looks like in the next few years. In this time of crisis, it is important to get educated about...