Millionaire Hacks For Travel, Credit Cards, and Insane Side Hustles | Chris Hutchins
Millionaire Mindcast
Matt Aitchison
4.8 • 721 Ratings
🗓️ 12 September 2022
⏱️ 51 minutes
🧾️ Download transcript
Summary
In this episode of the Millionaire Mindcast, we have an amazing guest, Chris Hutchins who shares insights and tips on unlocking financial and relationship freedom, investment optimization, millionaire hacks for travel, using credit cards to your advantage, and insane side hustles!
Chris Hutchins is a father, entrepreneur, avid life hacker, financial optimizer, host of the top ranked podcast, All the Hacks (1m+ listeners), sharing his quest to upgrade his life without having to spend a fortune. He is also the Head of New Product Strategy at Wealthfront, focused on making products to help people build wealth through investing. Likewise, he is the co-founder of Grove and Milk (acquired by Google), former VC at Google Ventures (GV), and built an organization called LaidOffCamp. Chris has also been featured in the New York Times, Wall Street Journal, and CNBC in a documentary on Financial Independence called Playing with Fire and Collecting Over 10 Million Points and Miles.
Chris doesn't know where the spark of entrepreneurship came from. All he knows is that he is fond of optimizing things to his advantage. If there’s something he wants to do, he’s always been creative, thinks outside of the box, and always finds another way to do it to start a business around it. Just like everyone else, Chris experiences ups and downs in life. Being passionate about meeting people in the software industry, Chris got into Google Ventures (GV) where he learned as much as he could. He learned to optimize every aspect of building a company.
Later, Chris also learns all the hacks to optimize and upgrade every aspect of his life while spending less and saving more. Being a life hacker, he has saved millions by looking to maximize happiness at the lowest cost. In fact, he travels the world for free like a multi-millionaire without having to have multi-millions yet!
Some Questions I Ask:
Who is Chris Hutchins, and where did these all start for you?
What was the first opportunity and stepping stone that led you to the idea of real business through an exit?
What is the hack for you in taking one great success and turning it into two?
What does the next level and version of your wealth-building journey look like to you?
What are some of the misconceptions around personal finance on this path to financial independence?
What have been some of the best side hustles you wish you would have known earlier?
Any other travel hacks that you absolutely subscribed to?
What is it that you’re personally focused on optimizing right now?
Where do you see some of the greatest opportunities for building-wealth with the latest trends?
In This Episode, You Will Learn:
The pros of having no exit and no revenue business
How to increase your likelihood of success
The key to infinite learning
Chris advice to founders
Chris definition of wealth
What is FIRE Movement
How to play the credit card points in miles game
Resources Mentioned:
Just Keep Buying book by Nick Maggiulli
Save Money, Build Wealth, and Just Keep Buying | All The Hacks
Making Money from Side Hustles with Nick Loper
Connect with Chris Hutchins on:
All The Hacks Podcast
Quotes:
“If you aren’t so passionate about the thing you are doing, you are never going to make it work.”
“Never start a company because you want to start a company, you have to have an idea that you should be passionate about.”
“Don’t do the thing that everyone else’s doing because you think you need to do it, do the thing that you loved.”
“Hack in your life whatever it is.”
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Show Brought To You By: TheRichLifeAcademy.com
Episode Sponsored By: TheRichLifeStore.com
Questions? Comments? Do you have a success story you would like to
share on the show? Send us an email to
Questions@MillionaireMindcast.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The funny thing is, you set a net worth milestone. |
| 0:01.8 | Let's say it's a million dollars. |
| 0:02.6 | You hit a million dollars. |
| 0:03.4 | Well, guess what? |
| 0:03.9 | Now you're like, well, maybe it should be two million. |
| 0:05.5 | You know, like you two? |
| 0:06.1 | You're like, maybe it should be four or five. |
| 0:07.8 | Yeah. |
| 0:08.2 | And it just keeps going and going and going. |
| 0:10.3 | But to me, wealth is not just another larger amount of money. |
| 0:15.5 | It's having the ability to spend time on whatever you want. |
| 0:31.1 | Welcome into the show, Chris Hutchins. |
| 0:31.6 | How you doing, man? |
| 0:32.2 | Good. |
| 0:33.1 | Thanks for having me. |
| 0:36.9 | Dude, I'm excited for our conversation today because, as many of our listeners know, we love talking about, you know, tactical things around money, wealth building. |
| 0:45.2 | And you are one of the ultimate optimizers of not just wealth in the personal finance space through your podcast and brand of all the hacks. But you really live |
| 0:56.4 | this optimization, you know, methodology in all areas of your life, from being a parent to traveling |
| 1:03.3 | to, you know, marriage. And we love to talk about kind of, you know, not just being a millionaire |
| 1:08.4 | in your bank account, but in all of the gardens of your life. So I know we're in for a treat today, but for those that don't know, |
| 1:15.3 | Chris Hutchins and, you know, where your journey began, where did this all start for you? |
| 1:20.4 | Yeah, I mean, I've been talking to my parents a lot trying to figure out the true origin story. |
... |
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