Episode 60: Why Saving Money Will Keep You Broke

September 25, 2025

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Chris Miles, known as the Anti-Financial Advisor, is on a mission to challenge everything we’ve been taught about money. From his early years as a financial advisor following the conventional script, to walking away from Wall Street-style strategies and building true financial independence by age 29, Chris now teaches people how to create passive income streams that make work optional.

In this episode, Bo dives deep with Chris on how he discovered the flaws of the 401k system, why traditional retirement advice keeps people trapped, and what it really takes to escape the rat race. From real estate investing and hard money lending, to infinite banking and strategies to maximize cash flow, Chris shares raw lessons on creating sustainable wealth without relying on outdated financial “rules.”

Guest Resources

  • Website – MoneyRipples.com
  • Podcast – Money Ripples with Chris Miles (YouTube, iTunes, Spotify)
  • Instagram – @MoneyRipples and @ChrisCMiles

Value Bombs

  • The Wake-Up Call – How seeing his dad’s retirement struggles exposed the failures of traditional financial planning.
  • Fired Up at 29 – How Chris built enough passive income to retire before his 30th birthday.
  • The Real Story Behind 401ks – Why “free money” from employer matches may not be the wealth builder you think.
  • Passive Income Paths – From rentals and syndications to raw land and debt funds, discover the tools that create freedom.
  • Infinite Banking, Done Right – Why most people get this strategy wrong and how Chris re-engineered it for maximum impact.

Sponsors

  • Grit Fitness – Elevate your fitness with cutting-edge training and expert coaching. Learn more at Grit Fitness.
  • D3 Capital – Unlock sophisticated investment strategies designed to protect and grow your wealth. Learn more at D3 Capital.

Show Notes

  • [00:00] – Meet Chris Miles, the “Anti-Financial Advisor”
  • [01:30] – How his father’s retirement fears exposed the cracks in conventional advice
  • [03:00] – Why financial advisors aren’t truly financially free
  • [04:30] – Quitting the industry and discovering passive income through real estate
  • [06:00] – Retiring at 29 with $5k/month passive cash flow
  • [07:00] – Losing it all in the recession and climbing out of $1M in debt
  • [09:00] – How raw land deals and lending became new cash flow machines
  • [12:00] – Why Wall Street advice is built on selling products, not creating wealth
  • [15:00] – The truth about 401ks, fees, and target-date funds
  • [18:00] – The myth of the 4% retirement rule (and what actually works)
  • [21:00] – Is a major stock market correction coming?
  • [22:00] – Passive investment strategies Chris recommends today
  • [26:00] – Why he avoids masterminds that push bad operators
  • [28:00] – Redesigning infinite banking for maximum ROI
  • [34:00] – The real commissions insurance agents don’t tell you about
  • [35:00] – How much you really need to cover $10k/month in expenses
  • [37:00] – Why return on equity matters more than cash flow on paper
  • [39:00] – Where to find Chris and Money Ripples

Killer Resources

  • D3 Capital eBook – Master tax reduction strategies with our exclusive guide.
  • Grit Fitness Blog – Premium content on fitness, wellness, and peak performance.
  • D3 Capital Blog – Stay ahead with insights on financial trends and advanced wealth-building strategies.

Performance & Wellness Picks

  • Slate Protein – High-quality, convenient daily protein.
  • Ghost Hydration – Stay energized and hydrated throughout your day.
  • Integrative Therapeutics – Wellness essentials for optimized health.

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