5 ways to multiply your money: how to increase your income quickly
- E208
- 1:00:18
- December 11th 2021
From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. He helps individuals gain a better perspective on fund management and financial literacy.
From establishing his startup business to working as a financial advisor on Wall Street, Chris was in a long and rough cycle of financial turmoil—until he learned the million-dollar mindset that forever changed his life.
Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently the founder of The Money School™ and Money Mentor for The Money Multiplier.
His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions.
In this episode, he shares his experiences and thoughts around the best ways to multiply your money and increase your income quickly. Insights he shares include:
- Why don't people know how to be in control of their money
- What do the wealthy do that is different from the rest
- How do we change our money mindset
- Why leverage uninterrupted compound interest
- As business owners and executives, how can we apply the principle of compound interest without taking on additional risks
- What is the Money Multiplier
- How can we use debt and line of credit to our advantage
- How can we use the money multiplier in countries that don't have the institutions you have in the USA
- The best ways to multiply your money
- Chris's take on real estate vs stocks vs crypto
- Why Chris invests in real estate and how he leverages his investments
- Other mistakes businesses make when it comes to money management and money multiplication
- Time tested and proven success principles for scaling business and wealth
- and much much more ...
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