Escaping the Traditional Trap and Creating a Free Life
Chris Miles is the Founder of Money Ripples, a financial consulting firm helping entrepreneurs increase their profit margins and generate income streams. As a cash flow expert, Chris teaches entrepreneurs how to manage their money and create passive income streams. His expertise has helped clients increase their cash flow by $300 million in 13 years. Chris has been featured in US News, CNN Money, Bankrate.com, and Bigger Pockets. He is also a contributing author for Entrepreneur On Fire: Conversations With Visionary Entrepreneurs and hosts the Money Ripples podcast.
In this episode…
Americans believe that financial success is attained by trusting institutions with their assets. Even with professionals advising you to utilize traditional investment methods, you work laboriously without reaping the benefits promised. Winning the rat race takes going against mainstream investment ideologies.
The lack of communication on available investment options hinders our financial journey. Many of us settle to invest in savings, 401ks, and mutual funds. Using traditional methods for building wealth isn't impossible — it just takes more work than the reward is worth. As a financial advisor, Chris Miles realized his clients work diligently only to live on a restricted annual income upon retirement. Living in financial freedom requires establishing passive income streams through tangible assets rather than relying on inaccessible investments.
On this episode of the Living Legacy Podcast, Brian Fouts welcomes Chris Miles, Founder of Money Ripples, to discuss why a traditional career path won’t help your finances prosper. Chris shares why he left his career in financial advising, the value of building passive income, and the philosophy of getting paid for life.