{"id":5566,"date":"2016-12-08T07:00:00","date_gmt":"2016-12-08T14:00:00","guid":{"rendered":"https:\/\/moneyripples.com\/?p=5566"},"modified":"2024-02-06T14:29:49","modified_gmt":"2024-02-06T21:29:49","slug":"how-can-i-get-my-money-to-pay-me-twice-134","status":"publish","type":"post","link":"https:\/\/moneyripples.com\/money-ripples-st\/?p=5566","title":{"rendered":"How Can I Get My Money To Pay Me TWICE? | 134"},"content":{"rendered":"<p>\u00a0<\/p>\n<p>Is it possible that your money could pay you TWICE? How can you create more leverage with the assets you have? Knowing this ONE thing that most don&#8217;t could make you HUNDREDS of thousands more! Cash Flow Expert, Chris Miles, shares how he is teaching his clients to make their money work twice as hard, creating more leverage, and ultimately more financial freedom NOW! Tune in to find out how!<\/p>\n<p><strong>Chris Miles Bio:<\/strong><\/p>\n<p>Chris Miles, the &#8220;Cash Flow Expert,&#8221; is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He\u2019s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and has spoken to thousands getting them fast financial results.<\/p>\n<p style=\"text-align: center;\">&#8212;<\/p>\n<h3>Listen to the podcast here<\/h3>\n<p><iframe src=\"\/\/percolate.blogtalkradio.com\/offsiteplayer?hostId=709401&amp;episodeId=9658767\" width=\"100%\" height=\"180px\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>\u00a0<\/p>\n<h2>How Can I Get My Money To Pay Me TWICE?<\/h2>\n<p>I\u2019m going to welcome you because it is an exciting day. I\u2019m loving every bit of life that\u2019s happening right now. I\u2019m excited for you guys as well. As a reminder, go check out our website, <a href=\"https:\/\/moneyripples.com\/money-ripples-st\/\" target=\"_blank\" rel=\"noopener\">www.MoneyRipples.com<\/a>. If you want to know how to find and free up cash now, you\u2019ll have that money now and find some of the best ways my clients have done that. Go check it out. It\u2019s there for free to download on my website. Also, if you got questions or other topics you would like to hear about on my show, email me personally at <a href=\"mailto:Chris@MoneyRipples.com\" target=\"_blank\" rel=\"noopener\">Chris@MoneyRipples.com<\/a>.<\/p>\n<h3>Leverage<\/h3>\n<p>I&#8217;ve been thinking a lot about what would be the most valuable to you. What are you guys wanting right now? I&#8217;ve been thinking about that and what people have been wanting, and probably, you could be mindful as well. What I\u2019ve been thinking about is leverage. It is the thing that a lot of people are wanting right now. Many people are tired of working hard and not getting the results they want, even if they get good results. I\u2019ve been talking to a lot of very successful people in different professions like doctors, lawyers, IT or whatever it might be.<\/p>\n<p>The West Coast has been very friendly to me lately. A lot of people have been asking. They want to know how to leverage their money more. One of the things I noticed when I was on another show and I was being interviewed, somebody decided to get in-depth with some strategies with me because they do a lot of real estate investing and things like that. We started talking about how to get your money to pay you twice. I realized that this is something that\u2019s important. No matter where you are, this is something that\u2019s very vital. This has helped me in my life.<\/p>\n<p>I even helped one of my clients as we were chatting on the phone. They didn\u2019t have a ton of savings, but it was cool because as we\u2019re looking at it, we realized that we could leverage different things. They had some different savings, retirement accounts, and things like that. We\u2019re able to leverage only $5,000 of it to create $637 a month. It\u2019s interesting because they came to me and said, \u201cWe want to buy some real estate. We\u2019ve heard that you\u2019ve got great connections there. We\u2019re interested in seeing how we can make money with real estate.\u201d<\/p>\n<p>As I saw their situation more in-depth and when I looked at their cashflow, some of it was done with their loans and how we can either transfer money over or use some of the money to pay off certain types of loans. We&#8217;re able to use less than $5,000 to free up $637 a month. That&#8217;s over 7,600 a year. They&#8217;re getting over 100% rate of return on their money. That&#8217;s even better if they got a 16% to 20% cash-on-cash return on their money with a real estate property, which is very easy to do and possible for sure.<\/p>\n<h3>Creating Leverage<\/h3>\n<p>When you see that, you start to realize that leverage is the key. Leverage is the thing that creates a lot more results faster. The answer was there the whole time. They just didn\u2019t see it. That\u2019s one way you can create leverage, but I want to talk about a way that most people don\u2019t know. For you, maybe your thing is towards focusing on your debts, not necessarily about investing. Others might say, \u201cInvesting is the thing I should be focusing on.\u201d<\/p>\n<p>If you got a question on the other portion, email me. In this portion, I\u2019m going to talk about those of you that have savings and equity in your home and retirement accounts, but you\u2019re wondering how to leverage it more and get more to pay you better. I\u2019ve been working on a presentation for a very successful doctor, and he has a following as well. I want to share a piece of that with you guys on my show as well. I\u2019m not going to go as in-depth because it does require a webinar. It does help a lot more to have a webinar than this episode, but I want to share some of those things right there.<\/p>\n<h3>Challenge Everything<\/h3>\n<p>The first thing I want you to do is challenge everything you think you know about money, leverage, investing and everything. More likely than not, whatever you\u2019ve been taught, it\u2019s gotten you to this place so far. It\u2019s probably done you a decent job, but it could be so much better if you get outside of that. I also challenge you that if you ever find yourself on the side of the majority, it\u2019s time to pause and reflect, as Mark Twain would say. I love that quote. You don\u2019t want to follow the majority of people because the majority of people don\u2019t know what they\u2019re doing. The majority of the media don\u2019t know what they\u2019re talking about.<\/p>\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fmoneyripples.com%2Fmoney-ripples-st%2F%3Fp%3D5566&#038;text=Challenge%20everything%20you%20think%20you%20know%20about%20money%2C%20leverage%2C%20investing%2C%20and%20everything.%20More%20likely%20than%20not%2C%20whatever%20you%27ve%20been%20taught%20has%20gotten%20you%20to%20this%20place%20so%20far.%20It%27s%20probably%20done%20you%20a%20decent%20job%2C%20but%20it%20could%20be%20much%20better%20if%20you%20get%E2%80%A6&#038;related' target='_blank'rel=\"noopener noreferrer\">Challenge everything you think you know about money, leverage, investing, and everything. More likely than not, whatever you&#039;ve been taught has gotten you to this place so far. It&#039;s probably done you a decent job, but it could be much better if you get\u2026 <\/a><\/span><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fmoneyripples.com%2Fmoney-ripples-st%2F%3Fp%3D5566&#038;text=Challenge%20everything%20you%20think%20you%20know%20about%20money%2C%20leverage%2C%20investing%2C%20and%20everything.%20More%20likely%20than%20not%2C%20whatever%20you%27ve%20been%20taught%20has%20gotten%20you%20to%20this%20place%20so%20far.%20It%27s%20probably%20done%20you%20a%20decent%20job%2C%20but%20it%20could%20be%20much%20better%20if%20you%20get%E2%80%A6&#038;related' target='_blank' class='bctt-ctt-btn'rel=\"noopener noreferrer\">Share on X<\/a><\/span>\n<p>In most cases, those media are paid by certain companies and institutions to tell you what you shouldn\u2019t know. Most of the financial advice out there is taught to you because it\u2019s about doing what\u2019s in the best interest of the financial institution, the banks, and other companies out there, not necessarily in your favor, especially when you get a lot of the pundits out there. Some of them are telling you to be the savior mentality. I talk a lot about the steward mentality. They tell you to be the saver. They tell you, \u201cPay off all your debts, live as cheap as possible, save as much as possible, sacrifice and suffer. Invest in mutual funds, stocks, retirement accounts, and everything else.\u201d Everything pretty much does not give you any freedom and no promise of freedom in the future.<\/p>\n<p>I don\u2019t like that. That\u2019s a bunch of crap. This is why I tell people that we want to create leverage and cashflow. I challenge you to go back if you haven&#8217;t read the first episode to know some of my stories. It&#8217;s the first episode. My story was I&#8217;ve been in crappy places and amazing places financially. I&#8217;ll tell you that cashflow is the way to create freedom, especially if you create leverage. That is the key. The question is, how do you make your money twice? The way to do this is you&#8217;ve got to start thinking like a bank. Some of you might have heard some of these before, but let\u2019s review these.<\/p>\n<h3>The Basic Rules Financial Institutions Follow<\/h3>\n<p>There are five basic rules that any bank or financial institution will follow. I bet you already know what they are. You already know the bank wants your money, but number one is how often they want you to put money in with them. As often as possible. How much of your money do they want? All of it. How long do they want it for? They want it forever. They want to keep it. How much do they want to give you back when you come in for it? Almost nothing. They want to keep that control of your money. Lastly, how much risk do they want to take? None. They want to give you all the risks. They want you to be the one investing in the stock markets. Not them.<\/p>\n<p>They don&#8217;t invest their own money in the markets. They invest your money in the markets. They go and invest in sure things or invest in things called fees that they charge you. If you&#8217;ve noticed, financial institutions do charge you fees. If you have a 401(k), you\u2019re probably paying some of the highest fees you could possibly be paying. You\u2019re always paying for stuff. You\u2019re taking on all the risks. You\u2019re the ones putting in all that money on a regular basis. You\u2019re told to put it in every paycheck for as much as you can, for as long as you can, and keep it staying in there for as long as you can so that you can have that miracle of compound interest and all that other crap.<\/p>\n<p>Here\u2019s the thing. The bank does not do that. The bank does the opposite rules because they\u2019re not taking your money and letting it sit on a shelf and collect dust. They\u2019re saying, \u201cGive us your money and we\u2019ll go and do something else with it and make money with it.\u201d They\u2019re all about creating leverage. They\u2019re all about acceleration, not accumulation. They can loan out back to you. Anytime you give them savings, they can legally loan out ten times that amount of money with all the different regulations and codes that they have, depending on where they\u2019re holding money. They\u2019ve got the ability to leverage at least 6 to 10 times whatever money you give them.<\/p>\n<p>What does that mean for you? It means that you\u2019re doing the exact opposite because while they\u2019re creating cashflow in money now, you\u2019re told to create money somewhere down the road if you even like to enjoy it. What banks actually do is acceleration. What they teach you to do is accumulation. Those are two very different things. If you want to create real wealth or freedom now, you got to have the mindset of acceleration, and the strategies that back that up of creating acceleration, not just accumulation.<\/p>\n<p>Accumulating money is a slow way to go. It has been proven that it doesn\u2019t work. People have been saving their money for years, get into retirement, and realize that they don\u2019t have nearly as much as what they were promised 30 years ago. I\u2019m telling you it\u2019s a fact because I was in that business. That\u2019s why I left the business because I realized that there were getting false rates of return. They were telling you what technically true average rates of returns, but average rates returns don\u2019t mean that\u2019s what you get in your accounts.<\/p>\n<h3>Making Money Twice<\/h3>\n<p>You&#8217;re lucky to get maybe 6% in a mutual fund on a real rate of return compound interest basis, not 10% to 12% or even 8% like they&#8217;ve been saying. Especially when you factor in fees and taxes, you&#8217;re lucky to pull off 5% or even 4%. Some of you might even realize, &#8220;I&#8217;m not getting that much.&#8221; That&#8217;s probably true. How do you make money twice? You got to start becoming the bank. How do you start doing that? Here&#8217;s how to do it. I&#8217;m going to start going with this basic premise. For example, in the saber mentality, you&#8217;ve been taught to pay off your mortgage. Let&#8217;s say you have a $400,000 mortgage and a 4.5% interest. I know I&#8217;m going high here for many people, and that&#8217;s okay.<\/p>\n<div id=\"attachment_5570\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-5570\" class=\"size-full wp-image-5570\" src=\"https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204915\/Graphics-Caption-1-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice.jpg\" alt=\"MORI 134 | Leveraging Your Assets\" width=\"600\" height=\"400\" \/><p id=\"caption-attachment-5570\" class=\"wp-caption-text\">Leveraging Your Assets: Most of the financial advice is taught to you because it&#8217;s about doing what&#8217;s in the best interest of the financial institutions, banks, and other companies. They\u2019re not necessarily in your favor.<\/p><\/div>\n<p>\u00a0<\/p>\n<p>I\u2019m doing that because I like to play devil\u2019s advocate. If you get a 30-year mortgage at $400,000 with 4.5%, you\u2019re going to pay $329,626. It\u2019s about $330,000 in interest over the life of that loan. Now people freak out and say, \u201cThat\u2019s almost double the mortgage payment. I remember several years ago when they used to be doubled because the interest rate was 6%. If you get 5%, we\u2019re like, \u201cYou got 5%? That\u2019s amazing.\u201d Nowadays, we\u2019re like, \u201cYou can get less than that.\u201d If you got bad credit, you could get a 5% interest rate or something. $330,000 is what you would pay. If you got 4%, it would be under $300,000 of what you pay in interest.<\/p>\n<p>That\u2019s what the bank will use to freak you out. When I was a mortgage broker, I would use those numbers as well, especially for those of you that have the money you\u2019ve been investing, whether it be in 401(k)s or you have savings, even if it\u2019s significant savings. You have assets, maybe you have equity and home and things like that. Let\u2019s say you sold off all your assets to get rid of that mortgage. You said, \u201cI want to be debt-free.\u201d It might even mean that you include selling your house. The best case scenario is if you don\u2019t have a mortgage anymore at $400,000, you\u2019re going to save that $329,000. If you put a little extra on your mortgage payments every month, you might save a little bit of interest. It\u2019s going to be thousands, if not tens of thousands, but not hundreds of thousands of dollars. It\u2019s not likely.<\/p>\n<p>Most people who put a lot of extra into their mortgage don\u2019t save that much in interest. Your best-case scenario is paying it all upfront now. If you sold all your assets and paid off your mortgage, you\u2019d be debt-free with no more interest rate, and then you could save every dollar you had to go into that mortgage payment. You could start putting it away towards savings. What if you didn\u2019t? What if you let your assets? What if you let the money you could have used to pay off your mortgage? What if instead you actually earn an interest rate on it?<\/p>\n<p>Remember, we said mortgage interest was 4.5%. You\u2019re paying $329,000 in interest over 30 years. What would happen if you only earned 3.5% over 30 years on that $400,000 that you didn\u2019t pay off your mortgage and let it sit in your savings? Now, 4.5% of the mortgage is $329,000. What do you think 3.5% would be? Get all kinds of guesses at this point. Do you want to know what that number is and the interest you earned on that money? It\u2019s $722,717, \u201cHold on a second, Chris. You told me at a 4.5% mortgage was $329,000. Now you\u2019re saying that if I earned 3.5% of that same money, I\u2019m going to earn $722,000 of interest. Why is it almost a $400,000 difference? Why is it almost double?\u201d<\/p>\n<p>The reason is compound interest. I told you it\u2019s not about saving and accumulating, but this is important to understand too. When you\u2019re leveraging money, compound interest does help you. It\u2019s even better if you can have compound interest and earn money on top of that. I teach this because if you think about it, if you don\u2019t pay off your mortgage and instead, you let that money earn money, even if it\u2019s at 3.5%, you could kick the crap out of it. In 30 years, you\u2019ll stop a paid-off home, but now you\u2019ve got $722,000 of interest. You got to factor in the difference. You still paid $329,000 interest. We don\u2019t ignore that, but you\u2019re left now with a net of about $395,000 of interest that you wouldn\u2019t have earned had you been paying on your mortgage. That is the key.<\/p>\n<p>If you would\u2019ve gotten debt-free, you wouldn\u2019t have been nearly that place. By simply earning compound interest, you kick the crap out of simple interest, which is a mortgage. Any loan is simple interest, not compound interest. They\u2019re not the same interest rate. What\u2019s cool is if you earn the same interest rate as a mortgage. If you earned that 4.5%, now you\u2019ve earned $1,098,127. Basically, $1.1 million in interest. I do not include the principal. It\u2019s just the interest alone that you\u2019ve earned on that money. If you throw in the principal, you\u2019ve got about $1.5 million and the paid-off house. If you even earn the same interest, you made $1.1 million, even though it costs you $329,000. That\u2019s huge. That\u2019s a $750,000 difference if you earn the same interest rate on a $400,000 mortgage.<\/p>\n<p>I know numbers have been thrown out to you. If you&#8217;re not seeing it, it&#8217;s hard to see, but I&#8217;m telling you to run the numbers, and you&#8217;ll see it. It&#8217;s how it works. It blew my mind when I learned this. I realized people are losing retirement because they&#8217;re trying to pay off their mortgage so quickly. Instead, what if you thought of your mortgage as investing? Granted, if you gamble with your money, it&#8217;s a bad idea. Go pay off your mortgage. If you can at least earn solid returns, use that 4.5%. That&#8217;s awesome.<\/p>\n<p>Somebody said, \u201cChris, I want you to use a real-life example. Where can we get that interest?\u201d Most people, even though they know they can do mutual funds, they wonder, \u201cWhere can I even get 3.5% or 4.5% interest?\u201d Let me talk to you about this here. There are a few different ways you can do that. You could invest in mutual funds, but that\u2019s not consistent. You can\u2019t count that it\u2019s going to do that, but it could. The place I like to do or a vehicle is to use the word safe is whole life insurance. There are people out there that preach against this. They say, \u201cBuy term and invest the difference.\u201d I\u2019m going to tell you, that strategy has not worked either. You might get some words to some point, but buying term over the long haul will cost you more if you don\u2019t do it the way that we do it.<\/p>\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fmoneyripples.com%2Fmoney-ripples-st%2F%3Fp%3D5566&#038;text=If%20you%20want%20to%20create%20freedom%2C%20you%20have%20to%20have%20the%20mindset%20of%20acceleration.&#038;related' target='_blank'rel=\"noopener noreferrer\">If you want to create freedom, you have to have the mindset of acceleration. <\/a><\/span><a href='https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fmoneyripples.com%2Fmoney-ripples-st%2F%3Fp%3D5566&#038;text=If%20you%20want%20to%20create%20freedom%2C%20you%20have%20to%20have%20the%20mindset%20of%20acceleration.&#038;related' target='_blank' class='bctt-ctt-btn'rel=\"noopener noreferrer\">Share on X<\/a><\/span>\n<p>Granted, if you do a whole life like the way most people teach it or like most life insurance agents will give it to you because their pocketbook is tied to it, you\u2019re right. Whole life will be good. It will probably still beat out doing term insurance over the long haul. I like to use whole life where you become your own bank because banks like to control money. They like to leverage it. Banks buy life insurance as well. They\u2019re one of the biggest purchasers of life insurance. In fact, during the Great Recession, it was not uncommon to see them put anywhere from 20% to 40% of their assets in life insurance cash value, where they would store it there and then they leverage it.<\/p>\n<p>If you think about what a bank does, a bank will keep their reserves in certain places that they can keep in cash, but many of them get life insurance. I remember Washington Mutual had 42% of the reserves in life insurance cash value. Here\u2019s why they do that. It\u2019s because you can leverage the snot out of it. I\u2019ll give you a very simple example. We\u2019re switching gears here a little bit, but this is the same example I gave you with the house. I remember when I first started to launch my business before Money Ripples, I had cash but I had some savings, but I didn\u2019t want to use up all my savings. I wanted to keep it there.<\/p>\n<p>I went to the bank, and I said, &#8220;What can I do? I want to get a loan against my savings like a line of credit, but I don&#8217;t want to lose my savings. I still want to have those savings there.&#8221; They said, &#8220;We can do a secured loan for you. We&#8217;ll do it for you at 4%.&#8221; That 4% back then was awesome for a loan rate. I said, \u201cThat\u2019s great. What am I earning on my savings?\u201d They said, \u201cYou\u2019re earning 1.5%.\u201d In that sense, you can earn less on compound interest and still come out okay. In that scenario, I would have to earn at least half.<\/p>\n<p>If I were earning at least 2%, I would at least break-even on the interest. The thing was I was taking that money. I went and put it into my business. I made way more than $100-some odd payment that I was paying them for that money. I was able to leverage it and make more money there. If I earned a higher rate of return, say it was 3%, and then I was loaned at 4%, now I have the ability to make money in two places at once because of the compound interest on the money that I have sitting there. It\u2019s still sitting there. They\u2019re just giving me an extra line of credit. I have another pocket. They\u2019re loaning me money. The compound interest of that savings can be beating the loan that I\u2019m paying down.<\/p>\n<p>The cashflow I\u2019m earning in my business can go and pay those payments. The thing is I\u2019m now earning money twice because I\u2019m earning compound interest that exceeds the interest that I\u2019m paying on the loan, and I\u2019m making money in my business. That\u2019s two places at once. You can do that same exact strategy with whole life insurance. You\u2019re still earning compound interest on your money, but you can borrow from the life insurance company where they use your money basically as collateral. You\u2019re borrowing against it to then leverage, and now you can earn off it. The difference is that the rates are much better.<\/p>\n<p>For example, in some of the companies I know that I have my insurance guy use, someone will have an interest rate around 4.5%, but you can still get a cash-on-cash return of 5% on that money, especially if you structured it the way that we teach, which is very rare. You don\u2019t see many people leveraging quite the way that we do where you get death benefit and cash value. You do need that death benefit to give you permission to spend money. In another episode that I\u2019ve done before, you can go back and look up those. In any case, keep it simple.<\/p>\n<p>Here\u2019s the thing. You can go and leverage that money. With those people that want to do real estate investing, here\u2019s the problem that happens. You\u2019re always paying interest. If you use cash from your own pocket, you\u2019re losing on interest. For example, there\u2019s this Tennessee property of one of my friends who\u2019s a supplier of properties. In Tennessee, you would have to put over $25,000 down for that property. The cashflow for that per month is $438. It\u2019s over $5,000 a year. It\u2019s a 20% cash-on-cash rate of return. You\u2019re earning $5,000 a year, but you only put $25,000 down.<\/p>\n<p>With that property, in particular, most people would kick cash. The other bank put that $25,000 down in the property. Now that $25,000 is gone and not earning interest anymore. They are earning cashflow, which is great, but that cashflow has to use to replace the savings. They&#8217;re using the cashflow to slowly build that savings back up to $25,000 they spent, which could take years. I said, &#8220;Let&#8217;s run the numbers. What would happen if you used the down payment and used your savings? If you took that cashflow, the $438 a month, and for five years, you earned a 0.2% interest on your savings, not including the taxes you pay on that savings. After five years, you will save up $26,714.\u201d<\/p>\n<div id=\"attachment_5571\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-5571\" class=\"size-full wp-image-5571\" src=\"https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204917\/Graphics-Caption-2-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice.jpg\" alt=\"MORI 134 | Leveraging Your Assets\" width=\"600\" height=\"400\" \/><p id=\"caption-attachment-5571\" class=\"wp-caption-text\">Leveraging Your Assets: Any loan is simple interest, not compound interest. They&#8217;re not the same interest rate.<\/p><\/div>\n<p>\u00a0<\/p>\n<p>Congratulations. After five years, you\u2019ve got your down payment back. You can do it again. Now, if you use whole life after five years, you would have almost $33,000 in savings. You would still have about a $2,800 loan that will be gone in a few months, netting you $30,000. What\u2019s that difference? That means your net profit is $3,360 total, which is a 13% extra rate of return because your money made money twice. You made money on life insurance and the property. You&#8217;re still making cashflow on the property because you&#8217;ve got an extra 13% of money return that happened over those five years. The cool thing is if you do that for six years, that return goes up over 20% net profit. Now you\u2019ve made over $5,000 extra that you would have made just putting into savings.<\/p>\n<p>Again, these are all numbers that I should show you on a webinar and that kind of thing. I will do that. In fact, I&#8217;m doing that for a guy, but I&#8217;m here to tell you that those kinds of things are possible. If you can leverage and make money twice, that is the key. For those of you that have savings, it&#8217;s very possible that you&#8217;re not taking advantage of it. Most people I&#8217;m talking to right now, their savings are doing a little bit. Maybe they&#8217;re doing real estate investing or they\u2019re doing nothing. It\u2019s sitting on a 401(k) or an IRA doing nothing and they\u2019re hoping to make 5% or 6% a year. You guys should be making so much more than that.<\/p>\n<h3>The Power Of Leverage<\/h3>\n<p>That\u2019s the power of leverage. You could be doing better investments or doing better things with your money. The thing is how do you leverage it? How do you make it all work together? This is why even people that are doing good with real estate are not even worried about buying real estate properties with people they have connections with. They&#8217;re saying, &#8220;We&#8217;ve got great properties already. How do we make it better? How do we keep earning money more? If you can imagine, that was for five years with one property example. Imagine people doing multiple properties. There could be tens of thousands, if not hundreds of thousands dollars difference. When you decide to pay on a loan when you don&#8217;t pay on a loan, and all those kinds of things.<\/p>\n<p>This is where some of the biggest money leaks happen, the money that you never earned in the first place and ignore. That&#8217;s the power I&#8217;m referring to here. When you start to look at it from this standpoint, not just an accumulation standpoint, let your money sit there and do nothing, but you\u2019re active with it. You don\u2019t have to work full time, but when you\u2019re active with it and when you\u2019re being consciously aware of what you can do, it\u2019s incredible the results you can create. That\u2019s what I wanted to expand your mind.<\/p>\n<p>The numbers are one thing. I threw a bunch of numbers at you. Some of you might have been like, \u201cI\u2019m lost.\u201d For some of you, this is the first time you heard this concept and that\u2019s okay. I want you to open up that there\u2019s a possibility and that there is hope. There is something more out there than what you expect. I\u2019m signing off here for this episode. Have a wonderful, prosperous week. We\u2019ll see you next time.<\/p>\n<p>\u00a0<\/p>\n<h3>Important Links<\/h3>\n<ul>\n<li><a href=\"mailto:Chris@MoneyRipples.com\" target=\"_blank\" rel=\"noopener\">Chris@MoneyRipples.com<\/a><\/li>\n<\/ul>\n\n\n<div style=\"height:180px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Is it possible that your money could pay you TWICE? How can you create more leverage with the assets you have? Knowing this ONE thing that most don&#8217;t could make you HUNDREDS of thousands more! Cash Flow Expert, Chris Miles, shares how he is teaching his clients to make their money work twice as <a href=\"https:\/\/moneyripples.com\/money-ripples-st\/?p=5566\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  How Can I Get My Money To Pay Me TWICE? | 134<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":5567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[726,319,728,708,36,727],"class_list":["post-5566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-and-podcasts","tag-acceleration-mindset","tag-compound-interest","tag-creating-more-leverage","tag-financial-advice","tag-financial-freedom","tag-leveraging-your-assets"],"acf":[],"rttpg_featured_image_url":{"full":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",940,492,false],"landscape":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",940,492,false],"portraits":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",940,492,false],"thumbnail":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner-150x150.jpg",150,150,true],"medium":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner-300x157.jpg",300,157,true],"large":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",940,492,false],"tf-client-image-size":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",120,63,false],"1536x1536":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",940,492,false],"2048x2048":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner.jpg",940,492,false],"bloom_image":["https:\/\/media.moneyripples.com\/wp-content\/uploads\/2022\/08\/17204901\/Graphics-Episode-Art-MORI-134-How-Can-I-Get-My-Money-to-Pay-Me-Twice-Banner-610x319.jpg",610,319,true]},"rttpg_author":{"display_name":"Chris Miles","author_link":"https:\/\/moneyripples.com\/money-ripples-st\/author\/chris"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/moneyripples.com\/money-ripples-st\/?cat=8\" rel=\"category\">Blog and Podcasts<\/a>","rttpg_excerpt":"\u00a0 Is it possible that your money could pay you TWICE? How can you create more leverage with the assets you have? Knowing this ONE thing that most don&#8217;t could make you HUNDREDS of thousands more! Cash Flow Expert, Chris Miles, shares how he is teaching his clients to make their money work twice as&hellip;","_links":{"self":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts\/5566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5566"}],"version-history":[{"count":11,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts\/5566\/revisions"}],"predecessor-version":[{"id":10009,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/posts\/5566\/revisions\/10009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=\/wp\/v2\/media\/5567"}],"wp:attachment":[{"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneyripples.com\/money-ripples-st\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}