Money School Podcast

Chris Naugle
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Jun 29, 2023 • 16min

How to Profit in a Market Downturn

When markets drop, many panic, but the wise prepare for the opportunity. Downturns provide a rare chance to buy assets on the cheap, and have massive wins when the market rebounds. From tech stocks to real estate, there are many ways you can buy low and build wealth. How do you find the opportunities that are ripe for the picking? In this episode, I share how to turn a downturn into a springboard for massive wealth. Three Things You'll Learn In This Episode The fatal mistake investors make Most people understand what buying low looks like but they miss the selling high part. How do you make sure you exit before it's too late? Know what you're putting money into How do you evaluate the financial health and stability of an investment before we make it? Balancing defensive assets with growth assets Why is it critical to sell off underperforming or high risk investments? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.
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Jun 22, 2023 • 20min

Alignment with Incentive: The Missing Piece to Motivation

Most people think money is the biggest motivator, but it isn't. Once you hit a certain earning threshold, no amount of money will add to your happiness or fulfillment. The more you earn, the more you realize that true drive comes from creating and impacting the lives of others. If we want our teams to perform at a high level - if we want to achieve all our dreams, it has to be about more than cash. How do you focus less on getting and put your effort towards giving? In this episode, I share the secret to motivation and high performance. Three Things You'll Learn In This Episode - What kids teach us about motivation Why do humans need a lot more than money or even consequences to get things done? - You don't want people solely motivated by money How can an employee who cares only about money actually poison your entire business? - The secret to happiness is… Why do we have to turn our focus outwards if we want to have joy and fulfillment?
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Jun 15, 2023 • 11min

5 Things I Wish I Knew About Money When I Was 20

When it comes to building wealth, time is one of the greatest advantages we have. If you're 20 years old, you've got a long time to get your money to work for you. There are plenty of things you can start doing right now to secure a cushy financial future, and they are quite simple. If I could talk to my 20-year old self what would I tell myself about money? In this episode, I share 5 simple things you can do to pave a better and smoother path to success. Three Things You'll Learn In This Episode You've got time on your side How do we set ourselves up for hugely successful future decades early? Maximize the match Though I'm not the biggest fan of them, why is it important to take advantage of employer retirement contributions? How to get valuable information When you're young, you don't have the wisdom of older people so how do you get the knowledge you need? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.
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Jun 8, 2023 • 24min

The RECESSION IS HERE and Why The Banks Are Failing

The news might not want to admit that we're in a recession, but the numbers don't lie. We are definitely in a recession, and it's just the beginning of the economic implosion. We're dealing with issues on multiple fronts, and that will have big financial repercussions. What pitfalls do we have to avoid? How do we prepare for what's coming so we're not caught on the wrong side of it? In this episode, I talk about what's really happening in the economy and how to get ready for it. Three Things You'll Learn In This Episode - Indicators of economic fragility What factors paint the real picture of what's happening? - The external pressures we're facing How will America's troubles impact the global economy? - How to protect your financial future The last thing you need right now is a lot of debt, so how do we reduce it? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.
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Jun 1, 2023 • 28min

Conform or Create: The One Secret to Success and Wealth

Success isn't as complicated as we make it out to be, especially if we decide not to conform to what everyone else does. Thousands of books and millions of success stories prove that what holds us back from our dreams isn't our circumstances, but our mindsets. How do we succeed, even when our backs are up against the wall? In this episode, I share how to make our dreams a reality, and the one thing you must ignore at all costs. Three Things You'll Learn In This Episode The difference between success and failure What's the one key ingredient of success? How unlikely success stories begin Instead of focusing on where we fall short, how do we strengthen what we already have working in our favor? Why people discourage you How do we ignore the people who tell us not to reach for the stars? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.
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May 25, 2023 • 38min

Lots of Deals, No Profit: How to Fix the #1 Epidemic in Real Estate Investing with David Richter

Real estate investors are the athletes of entrepreneurship. In one transaction, we can earn enough money for the whole year, and that's both a gift and a curse. So many of us close a lot of deals but find ourselves with no money to show for it. It's safe to call it an epidemic. The Profit First strategy allows us to unjumble our finances, and experience the fruits of our labor. How do we install this system in our businesses? In this episode, real estate investor, founder of Simple CFO Solutions, LLC, and author of Profit First for Real Estate, David Richter shares how to change your financial future by genuinely taking care of your money. Three Things You'll Learn In This Episode Good at doing deals, bad at taking care of money Instead of living on the deal-to-deal hamster wheel, how do we bring some predictability to our finances? Give every single dollar a name What's the 'golden trio' of finances we need to implement in our businesses? Stop running an accidental non-profit We can't make an impact when we're worrying about money all the time. How do we eliminate that stress? Guest Bio David Richter is an active real estate investor who has closed over 850 deals, the founder of Simple CFO Solutions, LLC, and the author of Profit First for Real Estate. He wants to bring investors true financial clarity and freedom and help every investor stop living deal-to-deal. For more information, to listen to the podcast, and to get a copy of the book, head to https://simplecfo.com/.
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May 18, 2023 • 1h 6min

A Noise Canceling Headset for Your Money: The True Power of Infinite Banking with Jayson Lowe

As everything on the traditional investment side deteriorates, there's a lot of noise in the market. Banks keep collapsing, cost of capital is rising and stock market returns are declining. If you use the Infinite Banking concept, these conditions are nothing more than noise. Tapping into the process is like wearing a noise canceling headset. You're in total control of your financial life. It doesn't matter what's going on in the stock market, real estate and the banking system - you hold the key. What do people get wrong about the process? How can you access this concept outside of the US? In this episode, I'm joined by founder of Ascendant Financial, Jayson Lowe. He shares what the process makes possible. Three Things You'll Learn In This Episode Don't transfer your financial energy into someone else's system We're going to be making financial decisions our entire lives, how do we make them from a position of ultimate control? The biggest misconception about becoming your own banker If the product isn't the secret sauce, what makes Infinite Banking so powerful? How Infinite Banking works in Canada Is there a difference in how this process works outside of the US? Guest Bio Jayson Lowe is founder of Ascendant Financial Inc, and the host of Wealth Without Bay Street. A visionary, a gifted leader, Jayson has over 22 years experience as a highly regarded coach, speaker and advisor to individuals and business owners nationwide. Jayson leads a Team of Professionals, highly sought after for their strong belief in and commitment to the process of Becoming Your Own Banker, developed by the late R. Nelson Nash. This is evident in all areas of Ascendant Financial and its successful process, which works to help People achieve financial prosperity in both their personal and business lives. Jayson works closely with Accountants, Lawyers, and Strategic Partners to provide unique and unrivaled solutions that maximize our Client's wealth. He is recognized as one of Canada's top overall Advisors, author of several publications, and co-author of The Bankers' Secret, a Simple Guide to Creating Personal Wealth for Canadians. Jayson has delivered hundreds of presentations to the general public, appeared on countless stages and interviews. He is internationally recognized as one of the leading educators and implementers of Becoming Your Own Banker, The Infinite Banking Concept. For more information, head to https://www.ascendantfinancial.ca/ and find the podcast on your platform of choice.
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May 11, 2023 • 31min

The Untold Truths About Money: How to Build Wealth From Nothing

Before unlocking wealth, we must understand the truth about money and separate it from the myths. Some of these truths require us to go against the grain of everything we've been taught. Others require us to do the complete opposite of what everyone else is doing. How do we use these rules to create a better path for ourselves? How do we avoid the pitfalls many people find themselves in? In this episode, I share the truth about what it takes to become wealthy. Three Things You'll Learn In This Episode The first rule of wealth Who should we pay first? Do what the banks do Once you save your money, you can't leave it to sit. How do you put it in motion? Don't invest with a vengeance How do we avoid investing with emotion, FOMO, and greed?
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May 4, 2023 • 24min

Has The Whole World Gone Crazy?

Bank failures, a digital dollar, an ongoing war, and the threat of more war. There's a whole lot going on right now, and even though it feels like the whole world's gone crazy, it's really important to stay focused and calm. How do we remain level-headed and come up with a strategy for the coming recession? In this episode, I share what's happening in the world and how to focus on what you can control. Three Things You'll Learn In This Episode The last thing you want to do right nowIt's really easy to freeze up when there's so much chaos around us. Why do we need to take action now? What the future holds for the US dollar Will a digital dollar change anything about our lives? What we need to pay attention to Is there war on the horizon? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.
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Apr 27, 2023 • 34min

Gamification: The Secret to High Views, High Engagement & Great Results with Eric Siu

There are so many lenses through which we can view our businesses - as vehicles for opportunity or paths to wealth, but if we see it as a game we can never lose, it impacts how we operate in a huge way. When we gamify what we do, we'll never arrive at a destination - we'll keep growing and reaching for more, generating new ideas, and overdelivering on our promises. How can we treat marketing our businesses as a game? How do we compound our content marketing efforts? In this episode, I'm joined by investor, founder, corporate advisor, and the chairman of digital marketing agency Single Grain, Eric Siu. He talks about his own business journey and the most valuable lessons we can learn about wealth. Three Things You'll Learn In This Episode The trap of marketing Service businesses, especially in digital marketing, have a history of overpromising and under-delivering. How do we avoid this? What gets you paid on YouTube Everyone's so focused on getting as many YouTube subscribers as possible, but what metric really matters? Compound your knowledge, compound your wealth How do we keep consistently generating our best ideas? Guest Bio Eric Siu is an investor, founder, and advisor to companies. He is the Chairman of the digital marketing agency Single Grain, which has worked with companies such as Amazon, Uber, and Salesforce. He also hosts two podcasts: Marketing School with Neil Patel and Leveling Up, an entrepreneurial podcast where he dissects growth levers that help businesses scale. In his youth, Eric was not academically or socially successful, but he was a serious high-level eSports and poker player. He ultimately found how to convert his focus and success in gaming into a very successful career in marketing. For more information, visit https://www.levelingup.com, https://www.instagram.com/ericosiu, and https://www.youtube.com/user/gogrowtheverywhere.

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