The Wealth Without Wall Street Podcast - podcast cover

The Wealth Without Wall Street Podcast

By Russ Morgan & Joey Muréwww.wealthwithoutwallstreet.com
Your go-to podcast for uncovering the dirty secrets behind Wall Street and how to take back control of your wealth. The Wall Street mindset separates both families & business owners from their money while the elite and unknown get to use it for their advantage. The secret to achieving this is having your money work for you, not someone else, when wealth building. You can get there through earning passive income. When you have more passive income than you do expenses, you have achieved financial freedom. On this podcast, we work tirelessly toward your financial freedom. We cover topics like the Infinite Banking Concept, multifamily real estate, private lending and a multitude of other cutting edge ideas. We host industry specific reputable guests and share personal stories to educate you on how to finally achieve financial freedom. For more education on how, check out wealthwithoutwallstreet.com

Episodes

Round Table | Strategic IBC: From Policy to Plan

So you finally decided to set up a whole life insurance policy. Now what? How do you unlock the full potential of your Infinite Banking System?  In this insightful episode, the financial coaches guide you through the critical roadmap following your IBC setup. Learn the most important actions to take in the first 90 days to ensure a solid foundation for your financial strategy. Discover key implementation ideas that will help you optimize your policy beyond the initial phase and understand h...

Aug 13, 202445 min

Top House Flipping Mistakes: How to Make Money Doing It in 2024 with Ryan Dossey

Are you ready to unlock the secrets of successful house flipping in 2024? In this episode, Russ, Joey, and their guest dive into the potential of home flipping as a powerful wealth-building strategy and the common pitfalls to avoid.  Ryan Dossey shares his expert insights on what makes him stand out in the competitive home flipping marketplace. Discover Ryan's unique business model—a home flipping franchise—that's transforming the industry. Learn how to navigate the challenges of house flip...

Aug 08, 202439 min

Round Table | The Cheat Code to Financial Success

Have you ever wondered if there's a shortcut to achieving financial freedom? Our financial coaches reveal the cheat code for financial success in this episode. Discover how personalized coaching can transform your financial journey and accelerate your path to wealth. The coaches explore real-life stories demonstrating the impact of guidance and support from experienced mentors. Tune in as they discuss why being part of a community of like-minded individuals is essential for fast-tracking your fi...

Aug 06, 202436 min

Build a Passive Income Empire With RV Parks (and More) with Dr. Jeff Anzalone

Are you ready to break free from the grind of trading time for money? In this episode, Joey welcomes Dr. Jeff Anzalone, a periodontist who shares how he transformed his financial future by building passive income streams, focusing on RV parks and syndications. Discover the first steps to creating passive income and why even high-income earners must diversify their revenue sources. Learn the benefits of investing in RV parks and how syndications can provide stable, lucrative returns. Dr. Anzalone...

Aug 01, 202436 min

Round Table | The Curse of Control: Expectations of an Investor

Are you ready to reclaim control over your financial future? In this episode, our financial coaches explore how investors can take charge of their financial situations. Discover the critical steps to gaining financial control and the responsibilities that come with it. Once you’ve taken the reins, you are responsible for educating yourself on the best ways to grow your wealth.    They delve into mastering and overcoming the challenges associated with control, providing actionable insig...

Jul 30, 202441 min

The Long Road to 100k in Passive Income

Do you know what it takes to build passive income? In this episode, Russ and Joey dive into their June Passive Income Report, sharing candid insights and lessons learned from their journey toward financial freedom. They discuss the frustrations they've faced with some of their deals, emphasizing that not every investment turns out as expected. This honest conversation highlights the importance of perseverance, continuous learning, and growth on the path to achieving $100k in passive income. Whet...

Jul 25, 202428 min

Round Table | DISC Personality Types Explained: Investing as a C

Are you curious about how your personality influences your investment decisions? In this episode, our financial coaches continue discussing the DISC Personality Types and focus on the C personality type–Conscientiousness. Known for their analytical and detail-oriented nature, C-types excel in making informed, data-driven investment decisions. As we recap the DISC framework (Dominance, Influence, Steadiness, and Conscientiousness), discover how the meticulous C personality can leverage their stre...

Jul 23, 202432 min

How Do Cyber Attacks Affect Your Financial Freedom? with Kevin Donahue

Are you aware of the hidden threats that could jeopardize your financial freedom? In this episode, Russ, Joey, and cybersecurity expert Kevin Donahue explore the impact of cyber attacks on your financial freedom. Listen up as they discuss why entrepreneurs and business owners must prioritize cybersecurity, with real-life examples of cyber attacks and their devastating effects. Learn practical steps to protect yourself from cybercrimes and the essential resources to safeguard your assets. Discove...

Jul 18, 202438 min

Round Table | DISC Personality Types Explained: Investing as an I

Are you ready to leverage your natural charisma and optimism in the world of investing? In this episode, the financial coaches explore how the I-personality type (Influence) can excel in the investment arena. Known for their sociability, enthusiasm, and persuasive abilities, I-types can build strong networks and seize opportunities through effective communication. Learn how to harness these traits to make informed and impactful investment decisions. Drawing inspiration from influential figures l...

Jul 16, 202432 min

What is Network Marketing and How Does it Work to Build Passive Income? with Brian Carruthers

Discover the potential of network marketing to build passive income! In this episode, Russ and Joey sit down with Brian Carruthers, a network marketing expert who has transformed his life through this powerful business model. Coming from a family of real estate moguls, Brian chose a different path and achieved phenomenal success. Learn why network marketing is a smart strategy for creating passive income and financial freedom. Brian shares his insights on the benefits, how to get started, and wh...

Jul 11, 202443 min

Round Table | DISC Personality Types Explained: Investing as a S

Unlock the secrets of investing tailored to your personality. In this episode, the financial coaches explore investing according to the DISC Personality Types, a powerful framework that categorizes individuals into four types: Dominance, Influence, Steadiness, and Conscientiousness. Understanding your DISC type can revolutionize your investment strategy, aligning your financial decisions with your natural tendencies and strengths. Whether you're a decisive leader, a persuasive influencer, a reli...

Jul 09, 202433 min

Benefits of International Real Estate Ownership with Martin Papp

Are you ready to explore new horizons in your investment journey? In this episode, Russ, Joey, and Martin Papp dive into the exciting world of international real estate ownership and its many benefits. From diversifying your portfolio to taking advantage of favorable market conditions and potential tax benefits, investing in overseas properties can be a game-changer. Discover how international real estate can provide a stable income stream, hedge against local market fluctuations, and open doors...

Jul 04, 202433 min

Round Table | DISC Personality Types Explained: Investing as a D

Do you want to revolutionize your investment strategy? Discover the game-changing power of investing according to your DISC Personality Type. In this episode, our financial coaches explore how the Dominance, Influence, Steadiness, and Conscientiousness personality types shape investment decisions and success. By understanding your DISC type, you can align your financial choices with your natural strengths, paving the way for greater success. Whether you're a decisive leader, a persuasive influen...

Jul 02, 202420 min

How Do I Make Passive Income?

Are you ready to unlock the secrets of building wealth? In this episode, Russ and Joey explore the diverse world of passive income and how it can pave the way to financial freedom. Whether you're an experienced investor or just starting out, understanding your unique Investor DNA and creating your personal investor buy box are crucial steps in choosing the right passive income streams. Join Russ and Joey as they discuss their May passive income report and dive into a variety of opportunities, ea...

Jun 27, 202433 min

Round Table | How We Research Investments: Step-by-Step Analysis

How do you know if an investment opportunity is good for you? In today's conversation, our dream team of financial coaches breaks down the essential steps to analyze investments like a pro. Discover the critical tests you must perform before considering any investment, the vital questions to ask, and the key factors to verify before sealing the deal. Dive into the importance of understanding your Investor DNA, creating your Investor Buy Box, and performing due diligence. Pay attention as our coa...

Jun 25, 202452 min

How to Start a Vending Machine Business, Cost, Tips, How Much You Make with Michael Hoffmann

Did you know that vending machines are an often overlooked but extremely powerful passive income source? If you haven't considered investing in vending machines, Michael Hoffmann is here to convince you why you should.  Join Russ, Joey, and Michael as they discuss how to start a vending machine business with minimal capital, the cost and profit margins, how to stock them, how to find an ideal location, how to hire an operator, and almost everything you need to know about this opportunity. T...

Jun 20, 202435 min

Round Table | How to Create a Family Bank Using The Infinite Banking Concept

Are you ready to unlock the secret to building generational wealth and creating a lasting legacy? In this episode, Russ, Joey, and the dream team of financial coaches explore the transformative power of infinite banking using whole life insurance, as discussed in Nelson Nash's book Becoming Your Own Banker .  Discover how to establish a family bank that secures financial stability for your loved ones and empowers you to take control of your financial future. Learn the key benefits of infini...

Jun 18, 202455 min

$200,000/Month from A Parking Lot?? Story of The Deal with Brian Spear

Do you think you can earn $200,000 a month from a parking lot? Gone are the days when a parking lot attendant collected a flat fee. Parking lots now offer a dynamic pricing model that allows owners and operators to adjust pricing by the minute based on demand, maximizing the asset's revenue.  With recent advancements in technology, owners can now leverage sophisticated third-party operators who can institute a dynamic pricing model to maximize revenue at any time. This makes parking lots an...

Jun 13, 202438 min

Round Table | Want to Be Rich? Don't Start A Business

Are you thinking of starting a business to get rich? Think again! In today's conversation, Russ, Joey, and the dream team of financial coaches explore why starting a business might not be the best path to wealth and why you should consider buying a business instead.  Learn the ins and outs of finding the right business to buy, key factors to look for before making a purchase, and essential tips to set yourself up for success. They share valuable insights to help you make informed decisions ...

Jun 11, 202444 min

How To Start Affiliate Marketing For Beginners with Amber Spears

Are you looking for another way to create passive income? Why not try affiliate marketing? It offers a flexible and low-risk opportunity to earn money online. Affiliate marketing is where you promote another company’s product or service. When someone purchases through your affiliate link, you earn a commission. With the proper techniques and strategies, you can create a steady stream of income. If you want to know how to start earning from affiliate marketing, today's episode with Amber Spears w...

Jun 06, 202436 min

Round Table | How to Scale Your Business

Are you feeling stuck and overwhelmed by the challenges of growing your business? You're not alone. In this episode, Russ, Joey, and the financial freedom coaches tackle the pain points that business owners face when scaling up. Discover three powerful ways to boost your sales and marketing efforts, explore the five key areas crucial for growth, and learn how to take your business to the next level.  Whether you're a seasoned entrepreneur or just starting out, this episode is packed with va...

Jun 04, 202439 min

Investing for Passive Income: Small vs. Big Deals

If you’re worried about saving enough of your earnings to meet your financial goals, building wealth through passive income might appeal to you. But which passive income idea should you pursue? Does the size of your investment matter? In today's episode, Russ and Joey discuss some of the small and big deals they have been considering and the income potential of each transaction. They also discuss their different passive income sources and what they earned for April 2024. While many of their inve...

May 30, 202443 min

Round Table | How to Pay Less Taxes to the IRS: Case Studies

Taxes can be substantial, taking a massive chunk of your income. The more money you make, the higher your tax liability. Regardless of how much you earn, can you reduce your taxable income?  Careful tax planning could significantly reduce your tax burden, even if you have a relatively high income. Today's conversation focuses on creative ways to reduce your tax liability legally. Join Russ, Joey, and the financial freedom coaches as they discuss the following: -How to effectively reduce the...

May 28, 202446 min

Private Money for Land Flipping with Quinn McArthur and Eric Scharaga

Flipping vacant land is one of the most overlooked and misunderstood ways to make money in real estate. It’s also one of the best. However, one common problem land flippers experience is a lack of funds, which sometimes prevents them from snapping up deals.  Sure, they can borrow from traditional banks, but they need to fill out a lot of paperwork and go through a tedious process, and there is no guarantee that their loan will be approved.  That's where private money lenders come in. L...

May 23, 202428 min

Round Table | We Read 40 Books on Money. Here's What Will Make You Rich

Managing your finances may seem overwhelming, but you can learn some best practices from many great books about the subject. While it can be time-consuming to read all these books yourself, why not start by listening to today's conversation so you can get a head start on learning how to make your money work for you?  Join Russ, Joey, and the financial freedom coaches as they discuss the following: -How different people make money -Using facts and data rather than emotions to make decisions ...

May 21, 202446 min

If I Started Investing in 2024, This is What I'd Do with Dave Zook

Investing might sound like one of the scariest parts of managing your finances if it's your first time, but it’s also potentially the most rewarding. It is one of the best ways to become financially free over time. A savings account just won’t build wealth. So, where should you start? Today's conversation with Dave Zook will give you some insights and inspire you to explore the world of investing in real assets.  Top three things you will learn:  -What is a real asset, and what makes i...

May 16, 202437 min

Round Table | Cash Is King: Why I Keep So Much Cash

Having cash on hand for daily expenses is a good practice. But how much cash should you maintain? Is keeping too much cash practical? Where should you keep your money to ensure maximum growth?  Different people and companies have varied cash requirements, so there is no one-size-fits-all formula for maintaining adequate cash. However, there are best practices to keep in mind.  Join Russ, Joey, and the financial freedom coaches as they discuss the following: -Where should you put your m...

May 14, 202447 min

My Most Profitable Car on Turo😳 (Turo Host) #sidehustle with Aubrey Janik

Your car is more than just a means of transportation. It’s a potential side hustle– a source of income waiting to be unlocked. Entrepreneurs and clever individuals find innovative ways to turn their cars into revenue-generating machines in today's economy.  So, do you want to turn your car into a passive income stream? Have you considered starting a side hustle in peer-to-peer car-sharing? Have you looked into platforms like Turo or Getaround but don't know how to get started?  You're ...

May 09, 202437 min

Round Table | This is Why Business Owners Use Whole Life Insurance - IBC

Many businesses, whether big or small, encounter challenges related to financial issues. This is mainly due to their limited access to resources. Knowing some of the difficulties expected is critical to planning well enough to solve them. How do you think business owners can solve financial challenges? In today's conversation, you will hear why business owners use a financial tool called the Infinite Banking Concept (IBC) to solve many of their business concerns. Join Russ, Joey, and the financi...

May 07, 202448 min

Investing In Student Rental Properties: Fast Track to Financial Freedom with Ryan Chaw

If you're considering investing in real estate, locations near school campuses create enormous demand for student housing. But instead of renting your properties to college students, why not cater to graduate students?  In this episode, Russ and Joey discuss the details of student housing with Ryan Chaw, a real estate investor who specializes in student rentals.  After investing for four years–buying one property per year–Ryan now makes six figures in rental income per year and teaches...

May 02, 202430 min