Most parents dream of sending their kids to college to help prepare them for a better future. But is it worth the time and money? Does it make you a bad parent if you don't finance your kids' college education? Do you believe they have to go to college to be successful in life? The answer is yes and no, and today's conversation will give you the insights you need to decide if you should or should not send your kids to college. This episode is the closest thing to the college playbook for parents...
Oct 31, 2023•53 min•Transcript available on Metacast Are you on your way to building passive income? Have you found an ideal path that matches your skills and passion? How do you keep passive income passive? As you listen to this podcast, you will learn which businesses Russ and Joey are investing in, their wins and losses, and all the lessons they learned. So, if you need ideas to start your financial freedom journey, this podcast and the Wealth Without Wall Street community will show you the way. Top three things you will learn: Lessons le...
Oct 26, 2023•35 min•Transcript available on Metacast Being in debt is an uncomfortable topic many people don’t want to discuss. Consumers struggle every day to exit the cycle of debt. For most, debt repayment can be a tiresome process. For others, it seems like a mountain they can't overcome. But debt is not always a bad thing. It can help you achieve your goal of becoming financially free. Do you want to know how being in debt can get you closer to your financial goals? Tune in and learn from Russ, Joey, and the financial freedom coaches as they ...
Oct 24, 2023•45 min•Transcript available on Metacast Are you thinking about diving into the entrepreneurial world? What type of business do you have in mind? Instead of starting a business from scratch, buying an existing business might be a good idea. The franchising model is something you can explore. With the abundance of people who love good coffee and the inviting atmosphere of cafes, it’s no wonder that coffee shop franchise opportunities are catching the attention of aspiring entrepreneurs. Today, Russ and Joey talk to community member Chad...
Oct 19, 2023•36 min•Transcript available on Metacast Investing can seem scary and intimidating, especially to first-time investors. After all, how can you even be sure if that's the way to build wealth? What if you lose your hard-earned money? Not all deals are a sure win. You might lose money on some, but the important thing is you have a reliable financial coach who can help you identify the best and worst places to put your money into. If you want to discover the three key things you need to know before investing, tune in and learn from R...
Oct 17, 2023•39 min•Transcript available on Metacast How do you deal with failures and disappointments in life? Do you give up and just give in to whatever life throws at you? Anyone can experience temporary setbacks. However, the important thing is not the setback or failure but your attitude after the event. As they say, you may be down but not out. When you open your eyes to see the lesson in an unpleasant experience, you take action to create a better future for yourself and your family. In today's episode, Russ and Joey converse with Maureen ...
Oct 12, 2023•33 min•Transcript available on Metacast Have you ever wondered how an outcast family built the biggest bank in the world and became wealthy? You might think the name sounds aristocratic, but the Rothschilds weren’t always rich. In fact, the head of the family, Mayer Amschel Rothschild, lived in a ghetto in Frankfurt, Germany. So how did he do it? That's what today's conversation is about. Are you ready to implement The Rothschild Method? Tune in and learn from Russ, Ernie, and Inner Circle Director David Karcher as they discuss the fo...
Oct 10, 2023•42 min•Transcript available on Metacast How many people aspire to become their own boss and live on their terms? How many of these dreamers follow through to achieve their goals? If you are in the same situation, what's stopping you from pushing forward? In today's episode, Russ and Joey discuss what you need to do before quitting your job and going all-in on being an entrepreneur. If you feel the urge to follow your dreams, this episode will inspire you to pursue the life you are meant to live. Top 3 Things You’ll Learn: Information ...
Oct 05, 2023•34 min•Transcript available on Metacast In a time when most of our connections are done virtually and virtual environments are becoming more immersive, people from different parts of the world can gather together virtually without having to travel miles. But nothing beats the experience of attending a live event and being physically present with people who share the same goals, aspirations, and visions for the future. If you were not able to join the Inner Circle Live in Nashville, or you just want to relive the moments, tune in to he...
Oct 03, 2023•34 min•Transcript available on Metacast Wouldn't it be nice to have money coming in without you working endless hours to earn it? Many people dream of having that mailbox money lifestyle, but not everyone knows how to start. Some wonder if that's even possible. Others hesitate to invest for fear of losing their hard-earned money. But you can definitely grow your passive income while still losing money. The cash flow from passive income sources requires some work initially, but once established, it takes little to no time to maintain. ...
Sep 28, 2023•30 min•Transcript available on Metacast Are you thinking about what to do with your money or what decisions you need to make about your financial future? Many financial advisors offer thousands of different financial products, and choosing the right one for you may be difficult. That's the time to ask yourself who you should go to for financial advice. When it comes to your financial future, you want to go to someone who has achieved what you want to achieve. When weighing financial advice, you must carefully determine which are finan...
Sep 26, 2023•46 min•Transcript available on Metacast As AI (Artificial Intelligence) becomes integrated into our daily lives, it has steadily become smarter with every technology that adopts it. With that, there's a growing concern for the safety and future of our jobs. But what if we can learn to use AI to our advantage and make it our ally? What if there's a way for AI to help us run our businesses? What if AI can indeed make our processes more efficient? In today's episode, Russ and Joey delve into the power of AI with technology expert Joe Sto...
Sep 21, 2023•35 min•Transcript available on Metacast How does being your own bank work? If you want to understand how the Infinite Banking System works, this episode gives you the rundown, specifically the seven points Nelson emphasizes in his book Becoming Your Own Banker . It's amazing how one book can change so many lives. Let it change yours! In response to the requests to bring back the BYOB series, Russ and Joey continue their book review, and today, they give you the step-by-step to Becoming Your Own Banker. This episode is the final ...
Sep 19, 2023•43 min•Transcript available on Metacast Is financial gain the only reason you're investing, or is it because you want financial freedom to spend more time with your family? Investing part of your earnings is one of the most reliable ways to build wealth over time and create more financial opportunities in the future. As you put your money aside, you need to have a clear plan on what you will be getting into and why you are doing it. No matter the purpose of your investment, you can make it even more meaningful. If you want to know how...
Sep 14, 2023•42 min•Transcript available on Metacast There’s nothing worse than hitting a roadblock when you’re trying to do the right thing to protect your family, right? For instance, you're trying to purchase a life insurance policy, but your application gets declined. What would you do? There are options out there, so don't give up just yet. In response to the requests to bring back the BYOB series, Russ and Joey continue their book review, and today, they talk about how you can take advantage of setting up your infinite banking system e...
Sep 12, 2023•21 min•Transcript available on Metacast Who would you ask for advice if you want to feel better educated about investing and business and increase your odds of getting great investment results? How do you access the secrets investors won't usually tell you? Today's episode takes you behind the scenes of a private conversation between Russ and Joey and two of their trusted friends and business partners, Sharran Srivatsaa and Mark Podolsky. It's your chance to learn what experienced investors know so you can use the same insights in you...
Sep 07, 2023•37 min•Transcript available on Metacast Why do people go to college? Is it worth it? While people may debate the value of a college education in today’s economy, many believe that a college education is a crucial investment that can transform one’s life in countless ways. In this episode, Russ and Joey discuss the cost of getting a college education and the earning potential of a college graduate vs. the future of someone who did not go to college but got a different education to serve them for life. If you are a parent preparin...
Sep 05, 2023•43 min•Transcript available on Metacast Are you financially prepared for the upcoming crash? Where have you been putting your money? As you start building wealth, you must always look for ways to bring in new sources of passive income. Join Russ and Joey as they discuss how much they earned in July for each income stream they have. Learn from their mistakes so you can avoid doing the same things. Discover what works and what doesn't work. Top three things you will learn: The five things needed to do a deal What Russ ...
Aug 31, 2023•53 min•Transcript available on Metacast How do you want to be remembered when you're gone? What legacy do you want to leave behind? Do you want to leave all the wealth you've accumulated to your family, or do you want to leave them with the knowledge of how to build lasting wealth so they can do it themselves? Leaving a legacy is more than giving an inheritance, a trust fund, or material things. You must devise a plan to protect your legacy and ensure the wealth-building knowledge is passed to the next generation. In response to the r...
Aug 29, 2023•32 min•Transcript available on Metacast Are you looking for ways to maximize your tax benefits? There's an often-overlooked tax tool that can save you thousands of dollars. It can help businesses and individuals who have built, bought, upgraded, or expanded real estate investments accelerate depreciation deductions and defer state and federal income taxes. But you must work with knowledgeable and experienced tax consultants who can help you decide if conducting a cost segregation study on your residential rental property or commercial...
Aug 24, 2023•32 min•Transcript available on Metacast Have you ever considered the actual cost of your purchases? When you spend $100, $500, or any amount, are you really only spending that amount? No. You must also consider time, speed, and control, especially when buying a high-value item and borrowing money to fund it. To fully understand the importance of knowing the real cost of acquisition and getting a higher rate of return for your money, tune in to today's conversation. In response to the requests to bring back the BYOB series, Russ ...
Aug 22, 2023•29 min•Transcript available on Metacast How do you know if your business idea is good? Is it better to start a business from scratch or buy an existing business? In this episode, Russ and Joey discuss these things with Aaron Shumaker, who began his journey volunteering on his college campus. Years later, he founded two successful businesses and sold his startup for a massive sum. Today, he shares his $100M Entrepreneurial Framework and the lessons he learned. So if you're interested in starting a business or becoming a better entrepre...
Aug 17, 2023•36 min•Transcript available on Metacast Saving for retirement can be a challenging task. It is difficult enough for some people to cover their living expenses, and there's little to no money left to put aside for retirement. For others, the challenges include figuring out how much to save and where to put the money so it earns high interest. Hence, many have resorted to traditional retirement plans like 401(k)s and IRAs. But is this really the path to enjoying life after you stop working, or have you fallen for the retirement trap? Wh...
Aug 15, 2023•39 min•Transcript available on Metacast Wouldn't it be great to have the choice to keep working or retire early and still have money coming in? Today's guest was able to exercise this freedom of choice, and he will share how he left his high-paying job and went all-in to becoming a real estate investor. Tune in to discover if the path he took is something you would want to follow. Discover how to start finding profitable deals and investing in properties even when you don't have enough money for capital. Top 3 Things You’l...
Aug 10, 2023•36 min•Transcript available on Metacast People who have heard about the Infinite Banking Concept but looked the other way continue to be in financial prison. They have not fully understood the multitude of benefits this financial system offers, so they continue to trade their time for money. Others think IBC is a ripoff or a scam because life insurance agents do not know precisely how it works. They are not IBC coaches. If you've been wondering how to start setting up your banking system, Russ and Joey will discuss that in detail toda...
Aug 08, 2023•45 min•Transcript available on Metacast Are you still thinking about which path to take to achieve financial freedom? If you have yet to decide which way to go, or you're looking for a new business opportunity, you would want to listen to this episode with Sophie Howard. Sophie shares what she considers the fastest lane to building passive income: buying online businesses. But how would you know which business to buy? Tune in and let Sophie walk you through purchasing online businesses for profit. Top 3 Things You’ll Learn...
Aug 03, 2023•43 min•Transcript available on Metacast Where do you go for financing when your business needs to upgrade equipment or buy new tools? Traditional companies often use lines of credit, business credit cards, and sometimes cash to purchase equipment. But there's a financing option that allows you to buy what you need without exhausting your resources. Today, Russ and Joey discuss a lesson in finance for entrepreneurs. This conversation involves scenarios of using IBC to buy equipment. As Nelson said on page 63 of his book, Becoming Your ...
Aug 01, 2023•36 min•Transcript available on Metacast It's that time of the month again when Russ and Joey review their Passive Income Report. Today, in addition to the numbers for June 2023, they share three key insights from their journey of investing in different wealth-building opportunities. Join Russ and Joey as they discuss the following: What is passive to you may be active to someone else Two ways to create passive income from one asset Dont forget: The devil is in the details After listening to this episode, please think...
Jul 27, 2023•45 min•Transcript available on Metacast What does financial freedom look like for you and your family? What are you doing to achieve your goal? If you have started building your wealth creation system and want to know if you can put all your income into your Infinite Banking Policy, this episode will give you the answer. Listening to this episode will also challenge your thinking and show you endless possibilities if you are willing to learn. In response to the requests to bring back the BYOB series, Russ and Joey continue their...
Jul 25, 2023•43 min•Transcript available on Metacast Many people dream about quitting their jobs. They want to drop out of the rat race and find a way to spend more time doing what they really love. How can you live a life of your design instead of living your life in default mode? In this episode, Lifestyle Investor Justin Donald joins Russ and Joey to share how he was able to retire his wife with just one deal. Justin also talks about the four core principles that guide his investment decisions. The same principles are outlined in his book...
Jul 20, 2023•43 min•Transcript available on Metacast