The Anti-Financial Advisor And What Wealth Actually Is With Chris Miles

Chris Miles calls himself the anti-financial advisor. Not because financial advisors are bad people. Because he was one, and it nearly ruined him twice. In 2007 he had it all figured out. Debt free basement finished, growing equity, a Mercedes in the driveway. He went to the bank to cash out on his home's equity and they kept moving the goalposts. Get your credit score up two points. Now do X, Y, Z. By September they told him the truth. No more cash out refinances for business owners. The equity he built his whole plan around was trapped. Within two years he lost the house, the car, and nearly everything he thought defined him. He tells the story of standing at his door mid argument with his wife, slamming it, driving off, and somehow knowing something was about to shift. Two months later it did. Here's the part that stuck with me. Chris says he didn't actually feel wealthy until the money was gone. That's when he found out what was actually his. Full conversation is on the podcast. Worth your drive time this week.