How many 22-year-olds do you know get a vision for financial freedom and crush it in just three years? Today's episode is about someone who went on to pursue something completely different than what he trained for. People with stable jobs usually take the safe route of going to work every day and waiting for the paycheck that comes twice a month instead of trying something different. They make their dreams wait for the perfect time until it's too late. But Josh Ferrari took the plunge and ...
Mar 02, 2023•41 min
Are you confident about how you set up your first insurance policy? Do you really know the components of it? You often set it up the way someone else thought was the best design for your policy, but that someone has a very limited understanding of the process. So where do you go to seek the right information? Today's conversation covers the differences between the base premium in a dividend-paying whole life insurance policy vs. the PUA (Paid-Up Additions). Also, Russ, Joey, and JD talk about th...
Feb 28, 2023•55 min
With the many passive income ideas shared in this podcast, you may have difficulty deciding which would be the best for you. However, the ideas shared here are not meant to confuse you but to make sure you understand the available options. Then with tools like the Investor DNA, you can pursue opportunities most aligned with your skills and personality, giving you the best chance to succeed. In today's episode, Russ and Joey go through their different passive income streams and provide insi...
Feb 23, 2023•48 min
Are you utilizing IBC to build passive income? If so, should you be concerned about the internal memo issued by an insurance company to their salesforce condemning certain life insurance sales practices, which includes associating its products with Infinite Banking? Are Insurance Companies Anti-IBC? Certain articles and reactions mention that the insurance company will supposedly reject life insurance applications if the policy for which the proposed owner applies is “based on such a concept or ...
Feb 21, 2023•52 min
If you had to choose between a lucrative, high-profile job and spending time with your family, which would you choose? While many would want to be with their family, the pressure of earning money often gets in the way. But what if you've built enough nest egg? Where would you invest the money to build a passive income stream? Does the thought of lending your money for a fair rate of return appeal to you? If you're interested in trying it out, join Russ and Joey today as they chat with Liam Leona...
Feb 16, 2023•39 min
Have you set your heart on a passive income stream that will get you to financial freedom? What makes you so sure about it? Unfortunately, people usually get excited about good deals without truly understanding what makes it a good investment. There are many passive income ideas that you can explore. But first, you must know which one you're compatible with and choose the one that best suits your Investor DNA. Much like falling in love, finding the right one involves compatibility and commitment...
Feb 14, 2023•41 min
When you have four young kids, you would naturally do whatever you can to give them a better future. You will sometimes come up with so many ideas that you can't wait to pursue. And there's definitely nothing wrong with trying different things. But how many times can you take action in the wrong direction before you run out of luck? You just can't afford it. When you don't understand your Investor DNA, you will end up chasing different investment opportunities and get frustrated when things do n...
Feb 09, 2023•43 min
How would you feel if you were running your own bank? If you have no idea about it but want to know how to implement it, this episode is exactly what you need. Today's conversation is about the core of the Infinite Banking Concept (IBC) and how to become your own banker , as discussed in R. Nelson Nash's book. A number of wealthy people use this concept to grow multi-generational wealth and create financial freedom for themselves and their children. So get ready to find out more about the Infini...
Feb 07, 2023•1 hr 1 min
Are you interested in buying properties without using your own money? Many people are learning how to use other people's money to invest in real estate. If you're willing to learn, there are creative ways to finance your purchases. Today's guest will show you how in this episode of Wealth Without Wall Street. Pace Morby is one of the hosts of the TV show The Triple Digit Flip . He is originally a contractor who was hired on as a flipper for some popular iBuyer portfolios. Pace flipped over...
Feb 02, 2023•56 min
Passive income is an excellent way to generate extra income, whether you have a side hustle or a small business venture that gives you additional cash flow each month. With passive income, you can have money coming in even while you pursue your nine-to-five job. Then, when you can finally build up a solid passive income stream, you might want to leave your full-time job. Either way, a passive income gives you that security. If you think you must be an entrepreneur to create passive income, that'...
Jan 31, 2023•50 min
Building passive income streams is something that many people want to achieve. But first, let's be clear that passive income ideas require an upfront monetary investment or time investment. How do you start investing in something that will bring you consistent income without much effort on your part? In this episode, Russ and Joey talk about their 11 passive income streams, which brought them $523,201 net income for 2022. Listen up as they discuss the pros and cons of investing in each inc...
Jan 26, 2023•50 min
What was the first live event you attended this year? How was the experience, and what was the most memorable thing, lesson, or conversation you had from that event? As Russ and Joey would say, live events change lives. If you missed joining the Inner Circle Live Event, this is your chance to hear valuable ideas as the Wealth Without Wall Street Team shares their biggest takeaways. Feel their excitement as each of them experienced light bulb moments while sitting in the room with experts in the ...
Jan 24, 2023•57 min
As you think about your strategies for building wealth in 2023, you might want to consider doing syndications. If you need help with how it works and why it's an excellent investment strategy, today's guest can help you. He will also share what passive income strategies will work in 2023, what asset classes he's personally considering, and a few more helpful details on navigating the world of investing. Dave is a returning guest. He was first featured in September 2020, where he talked abo...
Jan 19, 2023•45 min
Would you ever have a mentor who has yet to do or be where you want to be? Of course not! The easiest way to know that you're working with the right Financial Freedom Coach or mentor is when your goals and aspirations are aligned with theirs. When they can show you what they have accomplished using the systems and processes that they are teaching you, and they live the life you envisioned for yourself, you know you're in good hands. As you evolve and grow, you may also need to work with differen...
Jan 17, 2023•45 min
With the different passive income ideas out there, have you ever thought about investing in the Oil & Gas industry? If you want to know how to participate in this type of investment, this is your opportunity to learn from Eric Rice. He is the Chief Growth Officer at King Operating Corporation, an independent oil and gas operator with over twenty-six years of experience developing and producing oil fields in Texas, Oklahoma, Kansas, Colorado, and Wyoming. This episode is for you if you are in...
Jan 12, 2023•33 min
If you've heard about the Infinite Banking System as a tool to build passive income but still have questions, this episode might have the answer you seek. Today's conversation answers questions many people ask when they first hear about IBC and how to build passive income. It's time to clear those doubts, get answers to your burning questions, and take action. 2023 is the year you move forward with your financial freedom journey; it all begins right now. Tune in and hear Russ, Joey, and the Fina...
Jan 10, 2023•51 min
Is it the end of crypto? Cryptocurrency has always been volatile. However, 2022 has seen the most unpredictable changes in the prices of popular cryptocurrencies. In fact, some crypto companies are facing bankruptcy because of the plunge in prices. What caused the downturn? Will the crypto market ever recover? Listen to this insightful conversation between Russ, Joey, and their guest, Bob Burnett. Also known as “Bitcoin Bob,” he is the founder and CEO of Barefoot Mining , a company focused on de...
Jan 05, 2023•45 min
As we start the New Year, people from all walks of life write down their New Year's Resolutions for 2023. It has been a practice for a lot of people year after year. What about you? Do you believe in making New Year's resolutions? Why do you think many people fail at keeping up with their resolutions? Is there a better way to plan and achieve what you want? You will find the answers to these questions in today's round table. Tune in and hear Russ, Joey, and the Financial Freedom Coaches ta...
Jan 03, 2023•54 min
It's almost the end of the year, and it's time to evaluate what we have achieved and decide what we need to start, stop or continue as we begin the New Year. Russ and Joey have come a long way since the first time they shared their Monthly Passive Income Report. To this day, they have never stopped giving value, sharing passive income ideas, and allowing people to take a look at their numbers so they can inspire those who want to achieve financial freedom. Wherever you are in your journey, the M...
Dec 29, 2022•37 min
Is there something more important than profitability? It's cash flow. It's a critical indicator of your overall financial health. Knowing what affects your cash flow and having the ability to limit unnecessary cash outflow can help you prepare for challenges. But more importantly, you must continuously find creative ways to increase your cash flow to fund your investments and grow your passive income streams. Today, Russ, Joey, and the Financial Freedom Coaches talk about the following asp...
Dec 27, 2022•44 min
Is the deal worth doing? This is a question we must ask before engaging in a transaction. However, we often chase after things that are not worth our time and later regret it. So how can we save ourselves from such a predicament? Follow the advice of today's guest, Jeff Stephens, to determine if you should move forward with the deal or not. Jeff is the Founder of The Thoughtful Real Estate Entrepreneur and host of the podcast Racking Up Rentals . He is a full-time real estate entrepreneur ...
Dec 22, 2022•39 min
Christmas is only a few days away, and you're probably wondering if you've got gifts for everyone on your list. Will they appreciate your gift? What about you? Have you thought about what to give yourself? We often think about other people more than ourselves. But there's nothing wrong with wanting something, especially when it comes to achieving your goals. So start thinking about yourself and invest in a course, coaching, or mentorship program to help you reach financial freedom. Today, ...
Dec 20, 2022•41 min
Sometimes we are compelled to make a decision that would forever alter the direction of our lives. And that's the very thing that happened to Tate Litchfield, a successful student of The Land Geek Program who has built passive income by applying what he learned from Mark Podolsky. But before that, Tate was supposed to go to Law School, So what made him change his mind? And why land flipping? Tune in to find out the full story in today's episode of Wealth Without Wall Street. Let's dive in! Top 3...
Dec 15, 2022•32 min
It's the last month of the year, and it's time for reflection. Looking back, what are you thankful for? What do you wish you could have done differently? What are your plans for next year? A year-end review is crucial before you do any strategic planning for 2023. How will you know what to change if you don't do a year-end reflection? Tune in as Russ, Joey, and the Dream Team of Financial Freedom Coaches talk about the following: What's one thing you took advantage of that has significantly impa...
Dec 13, 2022•46 min
Is it a good idea to start a business right now? While many people are on a wait-and-see attitude due to the looming global economic downturn, is there a business that can withstand the impact of recession and inflation? There's one business that can do just that. E-commerce has sold more products in the last quarter than any other year. And for the first time, mobile sales have surpassed desktop sales. What does this mean? Joining Russ and Joey to talk about these things is returning guest Neil...
Dec 08, 2022•33 min
Wall Street, the most important financial center of the world, initially referred to the select group of independent brokerage firms that dominated the U.S. investment industry. As the trading hub of the biggest financial markets, Wall Street has dramatically influenced the American economy and the world. As a result, many people, especially our parents, have turned to Wall Street, hoping to accumulate wealth for their retirement. But is that the right move? With no one else to rely on other tha...
Dec 06, 2022•50 min
Are you interested in getting into the short-term rental (STR) business? The biggest potential threat to you in the STR space is starting on the wrong foot and getting behind. But as long you know what to do and what you need to avoid, you won't regret investing in the STR space. So tune in and get some practical tips and insights as Russ and Joey interview their STR Operator and STR Course facilitator, Clint Lovette. Clint is a professional remodeling contractor who pays attention to deta...
Dec 01, 2022•34 min
Teaching kids about money is an uncommon practice in most households. Because of this, a lot of kids have a distorted view of money and its role in our lives. So who do you expect to teach your kids about money? As parents, it is your responsibility to educate your kids and prepare them to have a healthy relationship with money. Start early using practical activities and setting a good example for them to follow later. Discussing financial decisions with your kids paves the way for them to learn...
Nov 29, 2022•47 min
There are turbulent times ahead within our economy, and it's only wise to talk about some practical things people can do to create safety. People fear things they do not understand. So one thing we can do to be confident during these uncertain times is to educate ourselves and learn to take control of our financial functions. Understanding how money works is a crucial factor for our financial success. In this episode, Russ and Joey discuss their October passive income report and ponder the strat...
Nov 24, 2022•39 min
Tax preparation is one of the challenges faced by anyone earning an income. Realizing that you're giving away a massive chunk of your income instead of that money going into your pockets is a stressful thought. But what can you do legally to minimize the taxes you pay? What advice have you received from other people? What does your CPA know about taxes that would benefit you? These are the questions that will be covered in today's roundtable. So tune in to this conversation with Russ, Joey...
Nov 22, 2022•42 min
