--- title: Giving Your Money a Purpose With Chris Naugle description: Most people look at a dollar, or a hundred dollars, or even a million dollars, and think about ways they can spend it. In reality, money is so much more than just its buying power. Today, we’re talking about its investing power. image: https://www.theinvestorsedge.com/hubfs/Blog%20Media/Money-Purpose.jpg --- [Skip to content](https://www.theinvestorsedge.com/incomehacker/giving-your-money-a-purpose-with-chris-naugle#main-content) [ Close ](https://www.theinvestorsedge.com/incomehacker/giving-your-money-a-purpose-with-chris-naugle#) - Courses - House Flipping - [Find Fund Flip System For Houses](https://www.theinvestorsedge.com/find-fund-flip-system) - Land Flipping - [Find Fund Flip System For Land](https://www.theinvestorsedge.com/land-flipping) - Software - Tools & Automation - [The Investor's Edge Software](https://www.theinvestorsedge.com/real-estate-investment-software/investors-edge/) - [Proof of Funds](https://www.theinvestorsedge.com/real-estate-investment-software/proof-of-funds) - [Next Property Roadmap](https://www.theinvestorsedge.com/real-estate-investment-software/next-property-roadmap) - [Mortgage Rate Historical Chart](https://www.theinvestorsedge.com/mortgage-rate-historical-chart) - [Median Sales Price Historical Chart](https://www.theinvestorsedge.com/median-sales-price-sold-historical-chart) - [Median Monthly Rents Chart](https://www.theinvestorsedge.com/median-monthly-rents-chart) - Calculators - [Advanced Deal Analyzer](https://www.theinvestorsedge.com/real-estate-investing-calculators/advanced-deal-analyzer) - [ARV Calculator & Property Value Analysis](https://www.theinvestorsedge.com/real-estate-investing-calculators/arv-calculator) - [Mortgage Calculator](https://www.theinvestorsedge.com/mortgage-calculator) - [Early Mortgage Payoff Calculator](https://www.theinvestorsedge.com/early-mortgage-payoff-calculator) - [Amortization Calculator](https://www.theinvestorsedge.com/amortization-calculator) - Funding - Funding with The Investor's Edge - [Funding Your Next Flip](https://www.theinvestorsedge.com/funding) - [Our Funding Process](https://www.theinvestorsedge.com/our-funding-process) - [Where We Lend](https://www.theinvestorsedge.com/where-we-lend) - [Why Off-Market Properties](https://www.theinvestorsedge.com/off-market-properties) - Financing Options - [Hard Money Loans](https://www.theinvestorsedge.com/hard-money-loans) - [Gap Financing Ideas](https://www.theinvestorsedge.com/hard-money-loans/gap-financing) - About Us - About The Investor's Edge - [About Us](https://www.theinvestorsedge.com/about-us) - [How We're Different](https://www.theinvestorsedge.com/about-us/how-were-different) - What Our Members Are Saying - [Reviews and Success Stories](https://www.theinvestorsedge.com/about-us/reviews) - [Recent Fix & Flip Rehabs](https://www.theinvestorsedge.com/rehabs) - Investing 101 - Start Here - [Real Estate Investing For Beginners](https://www.theinvestorsedge.com/real-estate-investing-for-beginners) - Finding Properties - [Our Finding Process](https://www.theinvestorsedge.com/our-finding-process) - [Find Motivated Sellers](https://www.theinvestorsedge.com/find-sellers) - [Market to Motivated Sellers](https://www.theinvestorsedge.com/market-to-motivated-property-sellers) - Buying Properties - [Calculate After Repair Value](https://www.theinvestorsedge.com/calculate-after-repair-value) - [Estimate Rehab Costs](https://www.theinvestorsedge.com/estimate-rehab-costs) - [Calculate Profits](https://www.theinvestorsedge.com/calculate-profits) - [Negotiate Offers](https://www.theinvestorsedge.com/negotiate-offers) - Wholesale Properties - [Find Cash Buyers](https://www.theinvestorsedge.com/sell-properties/find-cash-buyers) - Investing Strategies - [Fixing & Flipping Houses](https://www.theinvestorsedge.com/fixing-and-flipping-houses) - [Wholesale Real Estate](https://www.theinvestorsedge.com/wholesale-real-estate) - [BRRR Method](https://www.theinvestorsedge.com/brrr-method) - [Blog](https://www.theinvestorsedge.com/blog) - [Podcast](https://www.theinvestorsedge.com/incomehacker) [ MEMBER LOGIN: ](https://app.theinvestorsedge.com/authentication/login) [ SEARCH ](https://www.theinvestorsedge.com/incomehacker/giving-your-money-a-purpose-with-chris-naugle#) [ CONTACT US: ](https://www.theinvestorsedge.com/incomehacker/giving-your-money-a-purpose-with-chris-naugle#) CALL US: [(801) 396-9772](tel:+18013969772) [![New-InvestorsEdgeLogo-ForDark-257x100](https://www.theinvestorsedge.com/hs-fs/hubfs/A%20-%20Logos/New%20Logo/New-InvestorsEdgeLogo-ForDark-257x100.png?width=167&height=65&name=New-InvestorsEdgeLogo-ForDark-257x100.png)![New-TheInvestorsEdgeLogo-ForLight-257x100-1](https://www.theinvestorsedge.com/hs-fs/hubfs/Logos/New%20Logo/New-TheInvestorsEdgeLogo-ForLight-257x100-1.png?width=167&height=65&name=New-TheInvestorsEdgeLogo-ForLight-257x100-1.png)](https://www.theinvestorsedge.com) - Courses - House Flipping - [Find Fund Flip System For Houses](https://www.theinvestorsedge.com/find-fund-flip-system) - Land Flipping - [Find Fund Flip System For Land](https://www.theinvestorsedge.com/land-flipping) - Software - Tools & Automation - [The Investor's Edge Software](https://www.theinvestorsedge.com/real-estate-investment-software/investors-edge/) - [Proof of Funds](https://www.theinvestorsedge.com/real-estate-investment-software/proof-of-funds) - [Next Property Roadmap](https://www.theinvestorsedge.com/real-estate-investment-software/next-property-roadmap) - [Mortgage Rate Historical Chart](https://www.theinvestorsedge.com/mortgage-rate-historical-chart) - [Median Sales Price Historical Chart](https://www.theinvestorsedge.com/median-sales-price-sold-historical-chart) - [Median Monthly Rents Chart](https://www.theinvestorsedge.com/median-monthly-rents-chart) - Calculators - [Advanced Deal Analyzer](https://www.theinvestorsedge.com/real-estate-investing-calculators/advanced-deal-analyzer) - [ARV Calculator & Property Value Analysis](https://www.theinvestorsedge.com/real-estate-investing-calculators/arv-calculator) - [Mortgage Calculator](https://www.theinvestorsedge.com/mortgage-calculator) - [Early Mortgage Payoff Calculator](https://www.theinvestorsedge.com/early-mortgage-payoff-calculator) - [Amortization Calculator](https://www.theinvestorsedge.com/amortization-calculator) - Funding - Funding with The Investor's Edge - [Funding Your Next Flip](https://www.theinvestorsedge.com/funding) - [Our Funding Process](https://www.theinvestorsedge.com/our-funding-process) - [Where We Lend](https://www.theinvestorsedge.com/where-we-lend) - [Why Off-Market Properties](https://www.theinvestorsedge.com/off-market-properties) - Financing Options - [Hard Money Loans](https://www.theinvestorsedge.com/hard-money-loans) - [Gap Financing Ideas](https://www.theinvestorsedge.com/hard-money-loans/gap-financing) - About Us - About The Investor's Edge - [About Us](https://www.theinvestorsedge.com/about-us) - [How We're Different](https://www.theinvestorsedge.com/about-us/how-were-different) - What Our Members Are Saying - [Reviews and Success Stories](https://www.theinvestorsedge.com/about-us/reviews) - [Recent Fix & Flip Rehabs](https://www.theinvestorsedge.com/rehabs) - Investing 101 - Start Here - [Real Estate Investing For Beginners](https://www.theinvestorsedge.com/real-estate-investing-for-beginners) - Finding Properties - [Our Finding Process](https://www.theinvestorsedge.com/our-finding-process) - [Find Motivated Sellers](https://www.theinvestorsedge.com/find-sellers) - [Market to Motivated Sellers](https://www.theinvestorsedge.com/market-to-motivated-property-sellers) - Buying Properties - [Calculate After Repair Value](https://www.theinvestorsedge.com/calculate-after-repair-value) - [Estimate Rehab Costs](https://www.theinvestorsedge.com/estimate-rehab-costs) - [Calculate Profits](https://www.theinvestorsedge.com/calculate-profits) - [Negotiate Offers](https://www.theinvestorsedge.com/negotiate-offers) - Wholesale Properties - [Find Cash Buyers](https://www.theinvestorsedge.com/sell-properties/find-cash-buyers) - Investing Strategies - [Fixing & Flipping Houses](https://www.theinvestorsedge.com/fixing-and-flipping-houses) - [Wholesale Real Estate](https://www.theinvestorsedge.com/wholesale-real-estate) - [BRRR Method](https://www.theinvestorsedge.com/brrr-method) - [Blog](https://www.theinvestorsedge.com/blog) - [Podcast](https://www.theinvestorsedge.com/incomehacker) CALL US: [(801) 396-9772](tel:+18013969772) Search Suggestions ![Giving Your Money a Purpose With Chris Naugle](https://www.theinvestorsedge.com/hs-fs/hubfs/Blog%20Media/Money-Purpose.jpg?width=300&name=Money-Purpose.jpg) Jun 10, 2020 2:10:00 PM # Giving Your Money a Purpose With Chris Naugle [Previous ](https://www.theinvestorsedge.com/incomehacker/finding-joy-amidst-hardships-with-jennifer-gligoric-and-brian-price) [Next ](https://www.theinvestorsedge.com/incomehacker/coachs-corner-with-lashauna-beckett) - [Tweet](https://twitter.com/share) ## Listen to Episode 56: Most people look at a dollar, or a hundred dollars, or even a million dollars, and think about ways they can spend it. In reality, money is so much more than just its buying power. Today, we’re talking about its *investing power.* In this episode our friend and money mastermind, Chris Naugle, is going to teach you a principle you should never forget, the one thing that unites us all: **people always want to make more money.** Once you realize this concept, you think less about how you can spend your money, and more about how your money can be a problem solver for others, and that’s where your money can start to grow. Today’s guest has a whole laundry list of titles, so long that it’s hard to pin him to just one thing. He’s a former professional snowboarder, financial advisor, and a stock broker, managing millions in assets. He has been featured on HGTV Risky Builders, he’s made hundreds of real estate transactions, and so much more. It’s time to stop “playing it safe” by hoarding every dime you have in the bank. It’s time to make your money work for you.  ***“The only way anyone can ever fail at anything is to quit….Every single successful person I’ve ever surrounded myself with has failed. And if they haven’t failed, they haven’t succeeded….You will learn more from each and every failure than you will ever learn from a success.”*** ***—Chris Naugle***   **Podcast Summary:** 1:46 - Chris shares his story about the ups and downs of investing, and the roller coaster he’s gone through to achieve his dreams. 4:17 - Surrounding yourself with financial masterminds: Chris discusses how he gains knowledge and mentorship from those he looks up to. 6:02 - What happens when you ask a billionaire what they do with money? The truth about how money really works, and living the big lie. 7:55 - The secret of millionaires and billionaires: help people make money. 10:06 - Your money is bored in the bank. It should be working for you. 11:51 - Chris’s first income hack: using his childhood network to fund his dreams. 13:15 - First income income hacker mistake: impulsive investing without research. 14:34 - Chris motivates listeners to defy the fear and embrace failure. 16:49 - Debunking “Instagram” success stories. 19:03 - Freedom starts at the end of the road; Ryan calls it “reverse engineering your success.” 20:34 - HGTV’s illusion of reality. Real life deals don’t make for good TV. 24:08 - Chris’s biggest income hacker success: helping his mom use her money wisely.  25:29 - What would Chris do if he had to start all over? 26:13 - Teaching financial principles to the next generation. 28:18 - Wrapping up questions with Chris.   Link to Chris’s free training: [moneyschoolrei.com/tmmm](https://moneyschoolrei.com/tmmm) Think and Grow Rich by Napoleon Hill: [https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331](https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331) [Chrisnaugle.com](https://www.chrisnaugle.com/) [https://www.facebook.com/ChrisMNaugle](https://www.facebook.com/ChrisMNaugle) [https://twitter.com/thechrisnaugle](https://twitter.com/thechrisnaugle) [https://www.linkedin.com/in/chris-naugle-8b408a25/](https://www.linkedin.com/in/chris-naugle-8b408a25/)   ***“The problem in America is not what people don’t know, the problem in America is what people think they know that just ain’t so.” —Will Rogers***   Want to learn more? Join Ryan on our next webinar to learn how you can start real estate investing with The Investor's Edge. [![Learn More - Attend Our Next Webinar](https://no-cache.hubspot.com/cta/default/23711988/17584397-0a87-4eac-9f6e-804ef02c9b6b.png)](https://cta-redirect.hubspot.com/cta/redirect/23711988/17584397-0a87-4eac-9f6e-804ef02c9b6b) ![avatar](https://23711988.fs1.hubspotusercontent-na1.net/hub/23711988/hubfs/RyanGWright-Headshot.jpg?width=290&name=RyanGWright-Headshot.jpg) [Ryan G. Wright ](https://www.theinvestorsedge.com/incomehacker/author/ryan-g-wright)Ryan became a multimillionaire before the age of 30 through a combination of real estate investing and a passion for personal finance. He hates Wall Street, loves personal margin, and advocates for everyone to take control of their finances themselves - all of which he talks about on the Income Hacker podcast. COMMENTS ## RELATED ARTICLES USEFUL LINKS: --- - [FAQs](https://www.theinvestorsedge.com/faq) - [Areas Served](https://www.theinvestorsedge.com/areas-served) - [Terms of Use](https://www.theinvestorsedge.com/terms-of-use) - [Privacy Policy](https://www.theinvestorsedge.com/terms-of-use/privacy-policy) - [AI Info](https://www.theinvestorsedge.com/ai-info-page) OTHER RESOURCES --- - [Referral Program](https://www.theinvestorsedge.com/referrals) - [Become A Hard Money Lender](https://www.theinvestorsedge.com/become-a-hard-money-lender) - [Careers](https://www.theinvestorsedge.com/careers) - [Member Login](https://app.theinvestorsedge.com/authentication/login) - [Contact Us](https://www.theinvestorsedge.com/contact) [![New-InvestorsEdgeLogo-ForDark-257x100](https://23711988.fs1.hubspotusercontent-na1.net/hub/23711988/hubfs/A%20-%20Logos/New%20Logo/New-InvestorsEdgeLogo-ForDark-257x100.png?width=150&name=New-InvestorsEdgeLogo-ForDark-257x100.png)](https://www.theinvestorsedge.com) Keep the conversation going. Connect with us on Social Media: Copyright © 2025 TheInvestorsEdge.com All Rights Reserved ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "abstract" : "Most people look at a dollar, or a hundred dollars, or even a million dollars, and think about ways they can spend it. In reality, money is so much more than just its buying power. Today, we’re talking about its investing power.", "author" : { "@type" : "Person", "name" : "Ryan G. Wright" }, "dateModified" : "", "datePublished" : "", "headline" : "Giving Your Money a Purpose With Chris Naugle", "image" : "https://23711988.fs1.hubspotusercontent-na1.net/hubfs/23711988/Blog%20Media/Money-Purpose.jpg", "inLanguage" : "en", "keywords" : "[Income Hacker - Podcast Episodes, Financial, Freedom, Income, Investor]", "mainEntityOfPage" : { "@type" : "WebPage" }, "name" : "Giving Your Money a Purpose With Chris Naugle", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://23711988.fs1.hubspotusercontent-na1.net/hubfs/23711988/Logos/New%20Logo/New-TheInvestorsEdgeLogo-ForLight-257x100-1.png" }, "name" : "The Investor's Edge" }, "text" : "Listen to Episode 56: Most people look at a dollar, or a hundred dollars, or even a million dollars, and think about ways they can spend it. In reality, money is so much more than just its buying power. Today, we’re talking about its investing power. In this episode our friend and money mastermind, Chris Naugle, is going to teach you a principle you should never forget, the one thing that unites us all: people always want to make more money. Once you realize this concept, you think less about how you can spend your money, and more about how your money can be a problem solver for others, and that’s where your money can start to grow. Today’s guest has a whole laundry list of titles, so long that it’s hard to pin him to just one thing. He’s a former professional snowboarder, financial advisor, and a stock broker, managing millions in assets. He has been featured on HGTV Risky Builders, he’s made hundreds of real estate transactions, and so much more. It’s time to stop “playing it safe” by hoarding every dime you have in the bank. It’s time to make your money work for you. “The only way anyone can ever fail at anything is to quit….Every single successful person I’ve ever surrounded myself with has failed. And if they haven’t failed, they haven’t succeeded….You will learn more from each and every failure than you will ever learn from a success.” —Chris Naugle Podcast Summary: 1:46 - Chris shares his story about the ups and downs of investing, and the roller coaster he’s gone through to achieve his dreams. 4:17 - Surrounding yourself with financial masterminds: Chris discusses how he gains knowledge and mentorship from those he looks up to. 6:02 - What happens when you ask a billionaire what they do with money? The truth about how money really works, and living the big lie. 7:55 - The secret of millionaires and billionaires: help people make money. 10:06 - Your money is bored in the bank. It should be working for you. 11:51 - Chris’s first income hack: using his childhood network to fund his dreams. 13:15 - First income income hacker mistake: impulsive investing without research. 14:34 - Chris motivates listeners to defy the fear and embrace failure. 16:49 - Debunking “Instagram” success stories. 19:03 - Freedom starts at the end of the road; Ryan calls it “reverse engineering your success.” 20:34 - HGTV’s illusion of reality. Real life deals don’t make for good TV. 24:08 - Chris’s biggest income hacker success: helping his mom use her money wisely. 25:29 - What would Chris do if he had to start all over? 26:13 - Teaching financial principles to the next generation. 28:18 - Wrapping up questions with Chris. Link to Chris’s free training: moneyschoolrei.com/tmmm Think and Grow Rich by Napoleon Hill: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Chrisnaugle.com https://www.facebook.com/ChrisMNaugle https://twitter.com/thechrisnaugle https://www.linkedin.com/in/chris-naugle-8b408a25/ “The problem in America is not what people don’t know, the problem in America is what people think they know that just ain’t so.” —Will Rogers Want to learn more? Join Ryan on our next webinar to learn how you can start real estate investing with The Investor's Edge.", "url" : "https://www.theinvestorsedge.com/incomehacker/giving-your-money-a-purpose-with-chris-naugle", "wordCount" : "1606" } ``` ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Ryan G. Wright", "url" : "https://www.theinvestorsedge.com/incomehacker/author/ryan-g-wright" }, "dateModified" : "2023-10-17T18:10:24.996Z", "datePublished" : "2020-06-10T18:10:00.000Z", "headline" : "Giving Your Money a Purpose With Chris Naugle", "image" : [ "https://www.theinvestorsedge.com/hubfs/Blog%20Media/Money-Purpose.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.theinvestorsedge.com/incomehacker/giving-your-money-a-purpose-with-chris-naugle", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.theinvestorsedge.com/hubfs/Logos/New%20Logo/New-TheInvestorsEdgeLogo-ForLight-257x100-1.png" }, "name" : "The Investor's Edge" } } ``` ```json { "@context" : "https://schema.org", "@id" : "https://www.theinvestorsedge.com/#organization", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "US", "addressLocality" : "West Jordan", "addressRegion" : "UT", "postalCode" : "84088", "streetAddress" : "8846 S Redwood Road C221" }, "alternateName" : [ "TheInvestorsEdge.com", "DoHardMoney.com", "Do Hard Money", "DHM Industries" ], "areaServed" : { "@type" : "Country", "name" : "United States" }, "contactPoint" : [ { "@type" : "ContactPoint", "areaServed" : "US", "availableLanguage" : "English", "contactType" : "customer service", "email" : "questions@theinvestorsedge.com", "telephone" : "+1-801-692-7678" } ], "description" : "The Investor's Edge is a real estate investing company that combines proprietary deal-finding software, education, and equity-based funding into one Find-Fund-Flip system. It funds up to 100% of qualifying deals and helps both first-time and experienced investors flip houses and land in 45 U.S. states. Formerly DoHardMoney.com; rebranded in 2023.", "founder" : { "@type" : "Person", "jobTitle" : "Founder & CEO", "name" : "Ryan G. Wright" }, "foundingDate" : "2006", "knowsAbout" : [ "Real estate investing", "Fix and flip", "Hard money loans", "Land flipping", "BRRR method", "Wholesaling houses", "Off-market real estate deals" ], "legalName" : "DHM Industries, Inc.", "logo" : "https://www.theinvestorsedge.com/hubfs/Logos/New%20Logo/TheInvestorsEdge-NewLogo-Social-300x175.jpg", "mainEntityOfPage" : "https://www.theinvestorsedge.com/ai-info-page/", "name" : "The Investor's Edge", "sameAs" : [ "https://www.linkedin.com/company/theinvestorsedge", "https://www.youtube.com/@theinvestorsedge", "https://www.instagram.com/theinvestorsedgerei/", "https://www.facebook.com/theinvestorsedgerei", "https://twitter.com/InvestorsEdge_", "https://www.bbb.org/us/ut/west-jordan/profile/real-estate-investing/theinvestorsedgecom-1166-22167211" ], "slogan" : "Find, Fund, and Flip Real Estate", "url" : "https://www.theinvestorsedge.com" } ``` ```json { "@context" : "https://schema.org", "@type" : "FAQPage", "mainEntity" : [ { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Yes. In 2023, DoHardMoney.com was rebranded to TheInvestorsEdge.com. The company had outgrown hard money lending alone, since it now offers educational courses, proprietary deal-finding software, and expert support in addition to funding." }, "name" : "Is DoHardMoney.com the same as TheInvestorsEdge.com?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "No. The education, software, funding, and systems are built to walk a member through their first flip with no prior experience." }, "name" : "Do I need experience in real estate investing to work with The Investor's Edge?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "The Investor's Edge recommends having around $10,000 or more for flexibility in closing deals. Deals with substantial equity can qualify for up to 100% funding, meaning qualifying deals can close with $0 in closing costs. The Find-Fund-Flip system also teaches additional ways to close with less than $8,000 of the member's own money." }, "name" : "How much money do I need to get started?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Traditional lenders evaluate the borrower's credit, income, and debt. The Investor's Edge evaluates the deal itself, lends against After Repair Value (ARV), funds faster, and works with rundown properties that conventional loans won't touch. Funding is equity-based and structured as a joint venture." }, "name" : "How is The Investor's Edge funding different from a bank loan?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "The Investor's Edge serves real estate investors in 45 of 50 U.S. states, with custom funding terms by region. Membership is not currently offered in California, Nevada, Utah, Alaska, or Hawaii due to legal constraints." }, "name" : "What areas does The Investor's Edge serve?" } ] } ```