365: Net Worth Of $3.3M - Overcoming $1+ million In Debt, Divorce & Failed Ventures

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8 • 872 Ratings

🗓️ 8 July 2024

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Chris has a net worth of $3.3 million. It is split between real estate and his business. He shares his journey from financial struggles to becoming a millionaire and achieving financial freedom. He teaches people how to become work optional and focuses on generating passive income. Chris emphasizes the importance of shifting from an accumulation mindset to an acceleration mindset. He discusses his real estate investments and the impact of the recession on his financial situation. He was nearly bankrupt and had to dig out of $1 million in debt.

Despite facing challenges, Chris bounced back and rebuilt his wealth. He shares the mindset shift that propelled him towards success and the strategies he implemented to generate multiple income streams. In this conversation, Chris shares his insights on balancing lifestyle and building net worth, finding purpose and drive, and living with purpose while blessing others.

He emphasizes the importance of mindset shift for building wealth and the need to create multiple streams of income. Chris also discusses the balance between safe investments and alternative investing. He shares his personal financial goals and highlights the importance of giving and charitable donations. He concludes with advice for beginners, emphasizing the importance of creating value for others and finding fulfillment in serving.

Transcript

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0:00.0	Yeah, I mean I first started doing rental real estate like, oh boy, like 2006 is when I first started doing that.
0:06.2	Then I got my butt kicked in the last recession, went from millionaire to upside down millionaire during that time.
0:10.7	So I was over a million dollars in debt by the time I came out of that
0:13.6	that last recession but I battled my way back out and was able to rebuild it and regain
0:19.4	it again but yeah I mean now when I started doing real estate again was right around 2015 2016 I started getting back into it and
0:26.8	and have the courage to to finally get back in the real estate game
0:31.1	Welcome millionaires and future millionaires.
0:34.2	You're listening to the Millionaires Unvealed Podcast.
0:37.0	The show where you'll hear the stories and interviews of everyday millionaires will unveil
0:41.3	their decisions, their strategies, and their portfolio allocation.
0:45.0	Now to your host, Jayce Mattingen.
0:48.0	Welcome back to another episode of The Maners-Mell-Powled
0:53.2	podcast. This is episode of the 365 days.
0:56.6	You just celebrated the 4th of July.
0:58.6	How was yours?
0:59.6	You know, funny enough, it was the same as yours.
1:02.4	It was a great patriotic celebration that's for sure.
1:05.6	Man it is definitely getting warm and I'm loving my summer so far. I hope everybody out there is as well. We've got a lot of things in the
1:16.0	global economy I feel like heating up in general and as well as our national
1:21.3	economy that will do what happens.
1:24.0	Should be an interesting rest of the summer and into the fall.
1:28.0	If you'd like to be on the show, send us an email,
	...

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