In this exciting episode, Tom is joined by Joey Mure, co-founder of Wealth Without Wall Street and host of the Wealth Without Wall Street podcast. Joey shares his journey from a corporate job with limited financial knowledge to discovering the path to financial freedom and passive income. They discuss how he stumbled upon the concept of infinite banking and realized the importance of taking control of his finances. He emphasizes the need to invest in yourself and explore alternative ways to generate passive income beyond traditional investments like 401(k)s. Tune in to this episode to learn more about Joey's journey and the valuable lessons he has to share about achieving financial independence.
Highlights
02:42 The societal messages and misconceptions around money and wealth
05:37 The catalyst moments that prompted Joey's desire for change
07:57 Their perspectives on the importance of purpose and service
10:02 The often overlooked value of time and its relation to financial freedom
15:21 How Joey discovered the infinite banking concept and how it revolutionized his financial perspective
19:00 The roadblocks to financial freedom and the underutilization of cash
22:36 The experience of personally providing private mortgages for two individuals who didn't fit the mold of traditional financing
24:53 Joey's appreciation and feelings for the life and time he has with his five daughters, a product of his shift towards financial freedom
37:12 Their passive income performances publicly to hold themselves accountable and inspire others
42:02 Resources on the investor DNA profile
Episode Resources
Call to Action
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