Shows
The Wealth Without Wall Street PodcastRound Table | How to Make an Extra $100K in 6 Months If Your Life Depended on It (with Less Than $5K and 10 Hours/Week)Could you turn $5,000 into $100,000 in just six months, working less than 10 hours a week? In this episode, Russ and Joey invite Mark Podolsky and Sharran Srivatsaa to break down the exact strategies that can make this a reality.Russ shares how he leverages a lake house to create tax-free income through short-term rental events for entrepreneurs. Mark walks through how he would flip cheap land, using a strategic approach to buy and sell properties, while creating passive income. Joey introduces the Infinite Banking Strategy as a source of capital t...2025-07-2248 minThe Wealth Without Wall Street PodcastBuilding the Golden Goose of Wealth with Justin GoodbreadMost business owners dream of financial freedom, but are they building a business they can actually sell? In this episode, Justin Goodbread joins Russ and Joey to discuss what it takes to scale a business, create passive income, and plan a profitable exit strategy. Justin explains how to transform your business into a sellable asset, avoid the most common mistakes entrepreneurs make, and ensure you build wealth beyond your business.Whether you're a current business owner or looking to buy and grow a business, today's conversation will provide game-changing i...2025-02-2034 minThe Wealth Without Wall Street PodcastExposing the Money Personas Keeping You Broke with Garrett GundersonIs your money mindset holding you back? In this thought-provoking episode, Garrett Gunderson joins Russ and Joey to discuss the psychology of wealth. Learn how to recognize your money persona, shift from scarcity to abundance, and align your Investor DNA with opportunities that truly fit you. Garrett reveals the hidden habits keeping people stuck and shares a powerful framework for achieving financial freedom through passive income. If you’re ready to break free from limiting beliefs and start making money work for you, this episode is a must-listen!2025-02-1333 minThe Wealth Without Wall Street PodcastRound Table | Financial Freedom Cheat CodeMost people are stuck in the rat race, working harder but never feeling financially free. What if there was a cheat code to break out? In this episode, Russ and Joey reveal the Financial Cheat Code, a proven system that transforms active income into lasting wealth. Learn how to move from financial stress to financial freedom by rewiring your money habits and leveraging the Passive Income Operating System (PIOS).Tune in to discover the hidden cash flow killers keeping you trapped in the rat race and the steps to b...2025-02-0419 minThe Wealth Without Wall Street Podcast5 Years of Passive Income: Our Journey, Numbers, and Key TakeawaysHave you ever wondered what creating over $50,000 a month in passive income really takes? Russ and Joey pull back the curtain on their five-year wealth-building journey in this milestone episode. From their biggest wins to hard-learned lessons, this December 2024 passive income report is packed with insights, numbers, and strategies to achieve your financial goals. Learn how understanding your investment style can align opportunities with your goals and risk tolerance. Hear the breakdown of land flipping, private loans, and surprising lessons from ventures like RV rentals and Bitcoin mining. You'll also discover why thinking like a...2025-01-3031 minThe Wealth Without Wall Street PodcastHow to Avoid Costly Mistakes in Investing: Lessons from Losing $80M with Gavin J GallagherWhat if your biggest financial loss could become your greatest teacher? In this episode, Russ and Joey sit down with Gavin J. Gallagher, who candidly shares the lessons he learned from losing $80 million during the global financial crisis. Gavin reveals how unchecked ego, cognitive bias, and market volatility led to his downfall and explains the mindset shifts and strategies that helped him rebuild.Through this riveting discussion, you’ll discover the dangers of over-leveraging, the importance of due diligence, and why humility is crucial in navigating investments. Gavin’s journey is a powerful reminder that...2025-01-2328 minThe Wealth Without Wall Street PodcastUncover the Tool Transforming Leadership and Investments with Matt WhiteHow do you make business and investing decisions? Do you rely on intuition or data? What if there was a tool that could revolutionize how you lead your team and grow your wealth? In this episode, Russ and Joey sit with Matt White, Culture Index Licensee, to explore a game-changing approach to leadership and investments. From aligning the right people with the right roles to evaluating investment operators, this conversation is packed with actionable insights for business owners and investors alike.You’ll learn why understanding human analytics is key...2025-01-1632 minThe Wealth Without Wall Street PodcastListener Q & A: November 2024 Passive Income ReportWhat worked, what didn’t, and what’s next? In this month’s passive income report, Russ and Joey answer listener questions and give you an inside look at their financial wins, lessons learned, and plans for the future. From land investing to new income streams like vending and Turo, they share practical advice you can use to build your own path to financial freedom.Are you ready to build your passive income? Discover how to create a financial plan that works for you while avoiding common mistakes investors make.Top...2024-12-2628 minThe Wealth Without Wall Street PodcastPrivate Lending Secrets: Avoid These Costly Mistakes with Liam LeonardIf you think private lending is a shortcut to wealth, think again. In this eye-opening episode, Russ and Joey are joined by Liam Leonard, a seasoned investor, who shares his hard-learned lessons from navigating the complexities of private lending. From disastrous deals with unexpected pitfalls to redefining his investment strategy, Liam's candid stories are packed with wisdom.Whether you're a seasoned lender or just considering private lending, this episode is a goldmine of practical advice to help you avoid costly mistakes. Don’t miss these valuable insights—listen now and learn how to lend smar...2024-12-0536 minThe Wealth Without Wall Street PodcastPassive Income Playbook: October 2024 PI ReportDo you want to know what drives consistent passive income growth—even when challenges arise?In this episode, Russ and Joey pull back the curtain on their latest passive income ventures, sharing how much they earned last month. They discuss their biggest win, the lessons learned from challenges faced, and the adjustments they're making for even greater success. Whether you're curious about real estate, online businesses, or other income-generating opportunities, this episode provides insights into what’s working and why. Tune in to uncover strategies, lessons, and the next step...2024-11-2829 minThe Wealth Without Wall Street PodcastDoing 7-Figure Land Flipping Deals After Starting Just 4 Years Ago with Callan FaulknerAre you curious about the future of real estate investing? Get ready to learn how to leverage innovative strategies to maximize profit and efficiency. In this episode, Russ and Joey sit down with Callan Faulkner, a highly profitable land investor who uses cutting-edge AI tools to transform her business. From understanding land subdivisions to learning the power of conversational AI, listeners get a glimpse into strategies that are reshaping the real estate investing world. The conversation explores how AI boosts lead generation, streamlines operations, and enhances productivity with tools like ChatGPT. 2024-11-2140 minThe Wealth Without Wall Street PodcastRound Table | Why We Love a 401k (And You Should Too): ReactionDo you believe a 401(k) is the best way to build wealth? What if someone tells you that there are smarter paths to financial freedom?In today's conversation, Russ Morgan, Ben Buzek, and Jonathan Day dive into a lively reaction to The Money Guy show, a popular YouTube channel known for financial advice on building wealth through qualified plans like 401(k)s and IRAs. While The Money Guy hosts advocate for traditional retirement plans, Russ, Ben, and Jonathan challenge these points with their unique perspective, explaining why they believe qualified plans may not be...2024-11-1246 minThe Wealth Without Wall Street PodcastFast Track Your First Self-Storage Deal: Consulting Secrets with Joe DownsAre you curious about self-storage investing? Discover how this often-overlooked asset can generate steady cash flow with the right approach.In this episode, Joe Downs joins Russ and Joey to shed light on how to make this lucrative venture work for you. They explore what it takes to evaluate, acquire, and manage a profitable self-storage facility, covering essential strategies that help investors thrive in any market. Listeners will learn how technology has modernized storage management, especially after the pandemic, and why having a consultant or mentor can make all the difference for new investors.2024-11-0734 minThe Wealth Without Wall Street PodcastHow We Build Passive Income in Any CycleDo you want to know how to earn over $54K in passive income even during unpredictable market cycles? Russ and Joey reveal their investment strategies that work in any economy. In this episode, they break down how they earned $54,610 in passive income for September, showing that consistent earnings are possible in any market cycle. They dive into the investment ventures driving their success, from car sharing to real estate and other opportunities, explaining why these strategies work and what investors should watch out for. Whether the market is booming o...2024-10-3138 minThe Wealth Without Wall Street PodcastFIRE Movement: Running into Burning Houses and Turning Them into Cash Flow with Ian HorowitzHave you ever wondered how a firefighter goes from running into burning houses to building a cash-flowing real estate portfolio? In this episode, Russ and Joey sit down with Ian Horowitz, a former firefighter turned real estate investor, to uncover his journey from house flipping to financial freedom. Ian shares what first drew him into the real estate world, the key moments that shifted his career path, and how cash flow became the cornerstone of his strategy. You'll hear about valuable lessons he’s learned along the way, including overcoming major hurdles and what he...2024-10-2436 minThe Wealth Without Wall Street PodcastTeenagers Flipping Houses with Bill AllenWant to teach your kids the secrets of building wealth early? Today's guest explains how teenagers are flipping houses and mastering real estate, giving parents a powerful blueprint for raising financially savvy kids.In this episode, Russ and Joey sit down with Bill Allen of 7 Figure Flipping to dive into his unique approach to investing. While Bill shares insights on his ventures, like investing in a farm and events space, the spotlight is on his new TV show, Kids Who Flip. Bill reveals how he’s mentoring the next generation of real estate tycoons, te...2024-10-1731 minThe Wealth Without Wall Street PodcastLease Purchase Real Estate Deals for Investors with Jim ManningAre you seeking a strategy that boosts cash flow and attracts more buyers? Discover how lease purchase deals can transform your real estate portfolio and increase profits. In this episode, Russ and Joey dive deep into the world of lease purchase real estate deals with expert investor Jim Manning. If you're looking for new ways to maximize your cash flow and attract more buyers, lease purchases could be the game-changer you’ve been missing. Jim reveals why savvy investors are tapping into this strategy to turn renters into future homeowners, all while minimizing risk and...2024-10-0337 minThe Wealth Without Wall Street PodcastHow We Made $36k Last Month Using the Infinite Banking Concept (IBC)Why grind for a high salary when you can build passive income streams that pay you every month without sacrificing your time and freedom? In this episode, Russ and Joey reveal how they made $36k last month using the Infinite Banking Concept (IBC). They explain the passive income architecture they've built to make their money work harder for them through multiple passive income streams. From real estate to vending machines and other ventures, they break down exactly how much they made from each investment and the challenges they faced along the way. 2024-09-2625 minThe Wealth Without Wall Street PodcastHow to Invest in 2024 (Like a Billionaire) with Ben FraserHave you ever wondered how billionaires are investing to grow their wealth in 2024? In this episode, Russ and Joey are joined by Ben Fraser of Aspen Funds to explore the world of alternative investments and the strategies that the ultra-wealthy use to stay ahead. From little-known opportunities to smart, risk-adjusted moves, this conversation will open your eyes to how the wealthy think and invest differently. If you want to elevate your financial game and tap into strategies beyond the traditional, today's episode is packed with insights that could transform your approach.2024-09-1935 minThe Wealth Without Wall Street PodcastI'm Tired of Being a Landlord, Now What? with Eddie SpeedDo tenant issues and property management burn you out? Discover how investing in notes could be your ticket to stress-free, profitable investing!In this episode, Russ and Joey sit down with Eddie Speed, a seasoned expert in note investing, to explore an exciting alternative for real estate investors. If you’re tired of being a landlord, this conversation will open your eyes to a different path—investing in notes. Eddie explains how you can shift from the traditional landlord role to becoming a note investor, where you can enjoy consistent cash flow without the usua...2024-09-1239 minThe Wealth Without Wall Street PodcastFire Yourself Today! with Bronson HillAre you dreaming of walking away from your 9-to-5 job and living on your terms? For others, leaving the safety of their regular paycheck can be scary. But if you are tired of trading time for money, this episode could be your path to something better.Today, Russ and Joey sit down with Bronson Hill, author of How to Fire Yourself, to explore how you can create passive income streams that replace your regular paycheck. Bronson shares actionable insights from his book, guiding you through the steps to achieve time and financial freedom. From...2024-09-0531 minThe Wealth Without Wall Street PodcastHow Do You Find the Operator for Your Passive Income Business?Imagine taking a vacation whenever you want, without worrying about your business. In this episode, Russ and Joey dive deep into the critical role of finding the right operator for your passive income business. Discover how hiring an excellent operator can free you from the day-to-day grind and help your business grow exponentially. By having someone else manage operations, you can focus on what truly matters—enjoying the fruits of your investments. Plus, Russ and Joey share their Passive Income Report for July 2024, offering insights into different investment opportunities tailored to your unique investor DNA...2024-08-2933 minThe Wealth Without Wall Street PodcastThe Long Road to 100k in Passive IncomeDo 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. Whether you're just starting out or are already on your journey, this episode...2024-07-2527 minThe Wealth Without Wall Street PodcastWhat is Network Marketing and How Does it Work to Build Passive Income? with Brian CarruthersDiscover 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 why it’s a game-changer for aspiring entrepreneurs. Don’t miss this opportunity to gain valu...2024-07-1143 minThe Wealth Without Wall Street PodcastHow 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, each with its own potential and risks, tailored to match your...2024-06-2732 minThe Wealth Without Wall Street PodcastInvesting for Passive Income: Small vs. Big DealsIf 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 investments have been successful, a couple have no...2024-05-3043 minThe Wealth Without Wall Street PodcastPrivate Money for Land Flipping with Quinn McArthur and Eric ScharagaFlipping 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. Lending money to land...2024-05-2328 minThe Wealth Without Wall Street PodcastMy Most Profitable Car on Turo😳 (Turo Host) #sidehustle with Aubrey JanikYour 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 in luck because today, Russ and Joey are discus...2024-05-0937 minThe Wealth Without Wall Street PodcastInvesting In Student Rental Properties: Fast Track to Financial Freedom with Ryan ChawIf 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 others to do the same. Discover if this...2024-05-0229 minThe Wealth Without Wall Street PodcastPassive Income: What's Working, What's NotIf you plan to build your passive income, you must start somewhere. Is there an ideal path? What if you don't have a lot of capital to begin with?Today, Russ and Joey share their passive income report and insights on what's working and what's not. If you still haven't decided whether to take the first step toward financial freedom, this episode will give you some ideas to kickstart your journey.Top three things you will learn: -The different ways to earn passive income-Lessons f...2024-04-2535 minThe Wealth Without Wall Street PodcastBefore You Stress About Money, Tune In with Justin RoethlingshoeferBuilding and growing a business can be demanding and stressful, especially if you’re juggling multiple responsibilities and dealing with many challenges. When you’re under stress, your ability to think clearly and make rational decisions can be compromised, resulting in negative consequences for your business.So, as a business owner, it’s essential to prioritize your health and well-being so that you can make informed decisions and lead your business to success.In this episode, Russ and Joey discuss the importance of taking ownersh...2024-04-1839 minThe Wealth Without Wall Street PodcastPassive Income: How We Started, How It's GoingAre you still just relying on your employment as a source of income? What's holding you back from starting your own business or investing in opportunities that will allow you to create passive income? Do you need more capital or investment knowledge to begin your wealth-building activities?Today, Russ and Joey share their passive income journey and the vital role infinite banking fulfilled as they invested in different ventures. As you listen, maybe an idea sparks your curiosity, and you want to learn more about it. You may want to know how to set...2024-03-2847 minThe Wealth Without Wall Street PodcastCreative Finance 101: How to Get Started with Chris PrefontaineReal estate is still one of the most profitable ways to build wealth. However, the lack of capital and information about creative financing strategies keeps most people from investing in real estate. So, how can you start learning about creative finance?Today, Russ and Joey speak with someone who knows the ins and outs of alternative financing strategies that individuals can utilize to acquire properties. Tune in and learn to think outside the box to secure the best funding for your real estate deals.Top three things you will...2024-03-1433 minThe Wealth Without Wall Street Podcast14 Passive Income Ideas: How We Made $34k in a MonthHow in the world can someone have 21 different passive income streams when many people don't even have one? Today, you will know the answer to that question. Join Russ and Joey as they go over each of their investments and report their passive income, as they do every month. They also discuss how much money you need and how you can gather insights about each type of investment so you can begin building your passive income. Top three things you will learn: -Different passive income ideas -How much money you wou...2024-02-2928 minThe Wealth Without Wall Street PodcastRound Table | How to Start an Airbnb Business in 2024Are short-term rental properties a good investment? There are many factors to consider, but the short answer is YES, assuming you do it the right way. If you've never done it before but you're interested in jumping into the profitable world of short-term rentals (STR), this conversation is exactly what you need. Today's round table features STR Operator and STR Course facilitator Clint Lovette, who is also a professional remodeling contractor. He previously shared his expertise in managing short-term rentals in the podcast, and now he's back with more information to help you start a...2024-02-0644 minThe Wealth Without Wall Street PodcastHow We Made $2M+ in Passive IncomeIt was 2020 when Russ and Joey decided to share their passive income report and review the few deals they engaged in. Back then, they didn't have much to report, but they persevered in building multiple passive income streams. They have come a long way—from about $2,000 per month of passive income to $44,000 (and even higher in some months). While some investment decisions don't always turn out well, they take the lesson from each mistake and move forward. Today, they show us the results of their journey. Top three things you will learn: Bef...2024-01-2538 minThe Wealth Without Wall Street PodcastAre You an Investor or an Entrepreneur? with Buck JoffreyAre you a highly paid employee or professional? Does your current career allow you to earn substantial income? If so, would there be any reason for you to seek a different path? Would you like to become an entrepreneur or an investor? In today's episode, Russ and Joey speak with Buck Joffrey, a surgeon turned entrepreneur and investor. Buck talks about his decisions and actions after reading Robert Kiyosakis's CASHFLOW Quadrant.The book provides a guide for people who are ready to change their lives and change from one q...2024-01-1840 minThe Wealth Without Wall Street PodcastGrowing Passive Income 25% in 2024What if you can grow your passive income to 25% in 2024? How will it change your life? Would you like to know how to finally achieve financial freedom in 2024?As Russ and Joey share their November 2023 Passive Income Report, they also discuss how they respond to the most common question people ask: “Where are you investing?” They share where they are putting their money and give you the criteria they use when choosing investment opportunities. So if you want to learn how to become a better investor in 2024, this episode is fo...2023-12-2838 minThe Wealth Without Wall Street PodcastThe Active Income vs Passive Income DilemmaPassive income sounds amazing, but is it really better than active income? Both incomes are required at some point in your lifetime, but which one can help you reach financial freedom faster? What exactly is the difference between active and passive income, and why should you care? That's what Russ and Joey will discuss today. So don't miss the conversation. Top three things you will learn: How to deal with the interest rate dilemmaHow to use your experience to get involved in profitable investment opportunities Active Income vs. Passive Income2023-11-3037 minThe Wealth Without Wall Street PodcastPassive Income Wins and LossesAre 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 learned from investing in Turo and e...2023-10-2635 minThe Wealth Without Wall Street PodcastThe Providential Entrepreneur with Chad ArnoldAre 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 Arnold about his journey into franchising Summer Moon Coffee. As you listen to...2023-10-1935 minThe Wealth Without Wall Street PodcastDown But Not Out with Maureen McCannHow 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 McCann, co-founder of Spartan...2023-10-1233 minThe Wealth Without Wall Street PodcastHow I Quit My Job with Rick RauchHow 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. ...2023-10-0533 minThe Wealth Without Wall Street PodcastGrowing Passive Income While Still Losing MoneyWouldn'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. Some common ways to earn passive income include investing and...2023-09-2830 minThe Wealth Without Wall Street PodcastWill AI Replace My Income? with Joe StolteAs 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 Stolte. Get ready...2023-09-2135 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 18 | Becoming Your Own Banker in 30 MinutesHow 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 part of an 18...2023-09-1943 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 17 | IBC Sounds Interesting But What if I’m Uninsurable?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 even when you are uninsurable. This is an ey...2023-09-1221 minThe Wealth Without Wall Street PodcastSecrets That Investors Won’t Tell You With Sharran Srivatsaa and Mark PodolskyWho 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 your investing journey. Top 3 Things You’ll...2023-09-0737 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 16 | The Value of Going to CollegeWhy 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 par...2023-09-0543 minThe Wealth Without Wall Street PodcastWhat Passive Incomes Will Work in the Upcoming Crash?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 dealWhat Russ and Joey have tried and learned so...2023-08-3153 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 15 | Long-Range Thinking RequiredHow 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 requests to...2023-08-2931 minThe Wealth Without Wall Street PodcastMaximizing Tax Benefits: Unveiling the Power of Cost Segregation Analysis with Geraldine SerranoAre 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 real estate is worth doing. Lucky for you, Russ and Joey are interviewing Geraldine Serrano, a Specialty Tax Consultant at Veritax Advisors, to...2023-08-2432 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 14 | Cost of Acquisition and Can I Get a Higher Rate of Return?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 and Joey continue their book review of Becoming Your Own Banker b...2023-08-2229 minThe Wealth Without Wall Street Podcast$100M Entrepreneurial Framework with Aaron ShumakerHow 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 entrepreneur and investor, this episode is for you. Top 3 Things Y...2023-08-1735 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 13 | The Retirement Trap!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? What options do you have?In...2023-08-1538 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 12 | How Do I Get Started With The Infinite Banking Concept?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 today. So stick around and get ready to become your own banker. 2023-08-0844 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 11 | The Entrepreneur Gets a Lesson in Finance by Nelson NashWhere 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 Own Banker, “This is an exercise in imagination, reason, logic, and prophecy.”2023-08-0136 minThe Wealth Without Wall Street PodcastOur June 2023 Passive Income ReportIt'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 elseTwo ways to create passive income from one asset Dont forget: The devil is in the detailsAfter listening to this episode, please think about this: Can you take and apply wha...2023-07-2745 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 10 | Can I Put All of My Income Into an Infinite Banking Policy?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 book review, and today they talk about e...2023-07-2543 minThe Wealth Without Wall Street PodcastHow to Retire Your Spouse With One Deal With Justin DonaldMany 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 b...2023-07-2042 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 9 | The Infinite Banking Concept (IBC) ExplainedIf you're still trying to wrap your head around the Infinite Banking Concept (IBC) and how to use it to build passive income, this is your chance to understand it fully. In this episode, Russ and Joey delve deeper into the concept of becoming your own bank. They present the story of two sisters, which compares what it's like to put your money in two different instruments. They also illustrate how to make your money work to get you more money. Take advantage of this opportunity to discover this powerful system. In response to t...2023-07-1851 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 8 | The Entity in Becoming Your Own Banker by Nelson NashIf you're going to be a banker, you must have a bank. But what sort of bank should you set up? In this episode, Russ and Joey discuss the different insurance policies, how they are structured, and which one you must choose if you want to implement IBC. It is not enough that you put your money into whatever type of policy your agent tells you. Take action and educate yourself so you can avoid losing your money to things you don't understand. In response to the requests to bring back the BYOB series, R...2023-07-1151 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 7 | Human Problems in Becoming Your Own Banker by Nelson NashA wise person makes his money work instead of him trading his time to earn money. But before putting your money to work, you need a place to accumulate it. Instead of putting it in banks, why not put it in whole life insurance policies and become your own bank? Today, Russ and Joey explore the human problems of becoming your own banker. Get ready to learn about Parkinson’s Law, Willie Sutton Law, The Golden Rule, The Arrival Syndrome, and Use It or Lose It. Understanding these principles will give you a deeper und...2023-07-0447 minThe Wealth Without Wall Street PodcastOur May 2023 Passive Income ReportPeople define financial freedom in different ways. To some, it could mean they've fully paid all their debts. To others, it could be when they achieve a certain income or no longer worry about where to get the money for their day-to-day expenses. Regardless of your situation, we all wish for that day when we have built enough passive income streams that are more than enough to cover our expenses with some money left to invest. But there's no single path to financial freedom – there are many ways to reach your financial goals, and you...2023-06-2933 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 6 | Creating Your Own Banking System Through Life InsuranceBecoming your own banker seems like an incredible concept. But when you understand and implement it correctly, you will regain control over your money and recoup cash flow that would otherwise be lost if you were to put your money in traditional retirement accounts and other banks. Today, Russ and Joey continue their conversation around this concept and dive deep into the topic of creating your own banking system through life insurance. This episode will give you more information if you're still trying to wrap your head around the Infinite Banking Concept, so listen u...2023-06-2737 minThe Wealth Without Wall Street PodcastHow to Invest in an eCommerce Business Without Running It with Mike VranjkovicWhether you're a side hustler or an investor with extra money to start a new business venture, eCommerce is a great investment opportunity. Even if you don't know anything about running an eCommerce business, it's possible to invest in it. In this episode, Russ and Joey discuss the possibilities of investing in a new asset class available passively to investors. Mike Vranjkovic, Managing Partner of WebStreet, joins them to hash out the details. Top 3 Things You’ll Learn:Making tough decisions that will change the course of your life...2023-06-2232 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 5 | Creating a Bank in Becoming Your Own Banker by Nelson NashDo you know how banks make money? It is by lending money to borrowers at high-interest rates. So why not create your own bank? If you have extra money, would you rather put it in another bank or create your own bank? If you're going to buy a car or a property, would you borrow from someone else's bank and pay them the interest or borrow from your own bank and earn that interest? If you want to know how to establish your own bank, today's episode will give yo...2023-06-2029 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 4 | The Problem in Becoming Your Own Banker by Nelson NashDo you realize what the problem is with the current banking situation? Chapter 4 of the book Becoming Your Own Banker illustrates this problem using the example of a 29-year-old man making $28,500 yearly after taxes and what he does with the after-tax income. Nelson also compares the situation to flying a plane. Tune in to fully appreciate the analogy and discover the most profitable thing you can do. In response to the requests to bring back the BYOB series, Russ and Joey continue their book review and discuss the problem in Becoming Your Own Banker (B...2023-06-1341 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 3 | Why Should I Pay Interest to Borrow My Own Money?Imagine you're married and own a grocery store. Where would your spouse and children shop–your store or somebody else's? Your store, of course! But which door would they choose to come out? Would they go out the back door, avoiding the cashier, or would they go out the front door and pay for the groceries like the rest of your customers? Your answer in this hypothetical scenario is critical to what happens to your business. In this episode, Russ and Joey use the same grocery store scenario to answer, “Why should I pay inter...2023-06-0632 minThe Wealth Without Wall Street PodcastHow Deals Are Made in Self Storage With Scott MeyersWith any investment, there will always be some risk. But some investments are safer than others. Take the self-storage facility, for example. You may not have considered it as a potential investment opportunity, but self-storage is actually a wise and safe investment. In today's episode, Russ and Joey chat with Scott Meyers, founder and CEO of Self Storage Profits, Inc., about the potential of self-storage as a pathway to financial freedom. They also discuss how deals are made in self-storage. So if you're looking for a place to make your money w...2023-06-0145 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 2 | The Role of Imagination in Becoming Your Own Banker by Nelson NashWhen you think of the most successful people you know, how many of them lack imagination? Probably none. It's because creativity is vital to success. If your job is to make money work so it creates cash flow to sustain the life you want for you and your family, how many ideas can you come up with? The problem with most people is that they spend their days on autopilot. They have stopped dreaming and envisioning the future they want. It's time to rekindle your creativity. Imagine living the life you've always wanted and c...2023-05-3029 minThe Wealth Without Wall Street PodcastOur Passive Income Report - April 2023With talks of inflation and concerns over the banking sector, many people are on the lookout for any edge they can get to ease their financial burdens. In times like these, isn't it nice to have passive income streams and steady cash flow?In today's episode, Russ and Joey discuss their Passive Income Report for April 2023. Along with showing the numbers, they walk through the different investment opportunities they have ventured into to give you insights on where you can get the most return from your investments. If you're l...2023-05-2530 minThe Wealth Without Wall Street PodcastHow Ken McElroy Built ItBuilding wealth isn’t simply about putting money in the right place at the right time. Instead, it’s about understanding that determination, self-motivation, and the right mindset are the real keys to thriving. That's something that Ken McElroy learned from his years of building his real estate empire. Ken is the real estate advisor to Robert Kiyosaki of The Rich Dad Company. Today, Ken joins Russ and Joey to share more insights into real estate investing. This episode is a must-listen if you want to learn how to succeed in real estate or if y...2023-05-1837 minThe Wealth Without Wall Street PodcastBYOB Book Review Part 1 | The Disciplines Required for Becoming Your Own Banker by Nelson NashIf there's one book you can read to help improve your financial acumen, it's Becoming Your Own Banker (BYOB) by R. Nelson Nash. This book is not about investments of any kind. Instead, it's about how one finances the things in life. It's about making your money work for you. One famous quote by R. Nelson Nash is, “The very first principle that must be understood is that you finance everything you buy–you either pay interest to someone else or you give up the interest you could have earned otherwise.”Ma...2023-05-1634 minThe Wealth Without Wall Street PodcastHow to Build a Mid-Term Rental Empire with Sarah WeaverWhen investing in real estate and renting out properties, landlords either go the long-term rental route or pursue a short-term rental strategy. But have you ever thought about mid-term housing? Mid-term rentals (MTR), or medium-term rentals, are perfect for people who want to live in an area for a while but want a shorter lease than the typical year-long lease. So there's a massive potential for this type of investment. Join Russ and Joey as they chat with The Mid-Term Rental Queen, Sarah Weaver, about the possibilities of MTRs becoming your next wealth-building strategy. T...2023-05-1137 minThe Wealth Without Wall Street PodcastStop Leaving Money on The Table with Tommy ThornburghCan you think of anyone who wants to pay more taxes? So how do you minimize your tax liability? Understanding the tax credits and deductions you're eligible for, and calculating them correctly, can mean the difference between paying more taxes and receiving a generous refund. That's just one of the many strategies to make sure you're not leaving money on the table. Join Russ and Joey as they sit down with Tommy Thornburgh, President at Prime Corporate Services. This company offers the resources and support that allow entrepreneurs, investors, traders, and small business owners t...2023-05-0443 minThe Wealth Without Wall Street PodcastHow to Build Passive Income Through Information Courses, Affiliates, and Much MoreYou’ve probably heard the adage, “Make money while you sleep.” That’s precisely what many people have been trying to learn, and this podcast shares different passive income ideas that you can explore. In today's episode, Russ and Joey discuss their Passive Income Report for March 2023. Aside from getting the behind-the-scenes of each opportunity they've invested in through the years, you will discover how to build passive income through information courses, affiliate marketing, and much more. You will also get the chance to learn the secret to investing in syndications. So if...2023-04-2735 minThe Wealth Without Wall Street PodcastHow to Level Up Through Group Investing with Travis SmithWhat if you want to invest in a huge deal but need more money? No need to worry! All you have to do is find friends and family members willing to invest with you. This process is made more accessible and streamlined using a platform called Tribevest. In today's episode, Russ and Joey interview Travis Smith for the second time. Travis is the founder and CEO of Tribevest, a collaborative group investment platform that enables friends and family to organize as an investor group, pool money, and manage joint investments.2023-04-2045 minThe Wealth Without Wall Street PodcastWealth Without Wall Street Through The Eyes of a CEO with Sharran SrivatsaaAs you pursue financial freedom and participate in different wealth-creation opportunities, you come across many crucial discoveries. But one important thing to remember is that every financial goal needs a financial plan. And to help you craft and implement your financial plan, you need a Money Coach. In today's episode, you will hear from Sharran Srivatsaa, who shares the ten lessons he learned from his Money Coaches (no other than Russ and Joey). The lessons he shared are a combination of lessons for life, tactics for investing, and a wa...2023-04-1332 minThe Wealth Without Wall Street PodcastHow to See Where People Are Investing with Litan YahavHow do you keep your financial records organized and easily accessible? Do you want to see where other people are investing? If you want to build a strong investment portfolio, what you need is an all-in-one wealth management solution to maximize your profits and simplify your financial life. In today's episode, Russ and Joey interview Litan Yahav, Co-Founder & CEO at Vyzer, a secure, automated, online wealth management solution that helps investors track, monitor and gain insights into where their money is going and how to maximize its potential.Top 3 T...2023-04-0636 minThe Wealth Without Wall Street PodcastBanks Failing? What Should I do Now?Just recently, we witnessed a US bank's biggest failure as the tech industry's primary lender succumbed to a classic bank run. The collapse triggered market panic as bank customers frantically tried to recover their money. Within the same week, a few more major banks ran into trouble. With banks failing, people are asking, "Is my money safe?"In today's episode, Russ and Joey talk about recent events and share their insights on the places where you can put your money instead of keeping it in the bank. They also discuss their Passive Income Report...2023-03-3043 minThe Wealth Without Wall Street PodcastHow to Write Your Own Financial Freedom Story with John FeldmanDid you know that Russ and Joey have written a book? Thats right! A ghostwriter helped them turn their financial freedom ideas into a valuable resource for people who want to build passive income and achieve financial freedom. In today's episode, Russ and Joey interview John Feldman, the guy who helped them write their book. They talk about what it's like to learn about IBC from the point of view of a ghostwriter helping aspiring authors get their insights and ideas out into the world. John is the founder of...2023-03-1635 minThe Wealth Without Wall Street PodcastHow to Turn Active Income into Passive Income Using the Passive Income Operating System with Joey Mure and Russ MorganBecoming financially free does not have to be difficult. But it is! It is complicated because we constantly get distracted by many things in our busy lives. We don't know what to do, and we don't have time to figure it out. But what if someone can show you how to install a system to put your finances on autopilot?In this episode, Russ and Joey explain the Passive Income Operating System to teach people how to automate their financial system while they go on living their busy lives. If you want to learn...2023-03-0948 minThe Wealth Without Wall Street PodcastWhat Passive Income Ideas are Working in 2023?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 insights on each one so you can learn from their experiences. ...2023-02-2348 minThe Wealth Without Wall Street PodcastThe Pros and Cons of Private Lending as a Passive Income Stream with Liam LeonardIf 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 Leonard, founder...2023-02-1638 minThe Wealth Without Wall Street Podcast11 Different Ways to Build Passive IncomeBuilding 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 income stream and see if something would work for you. Focus on one thing at a...2023-01-2650 minThe Wealth Without Wall Street PodcastRound Table | Inner Circle Live Biggest TakeawaysWhat 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 different fields of investing and passive income opportunities. 2023-01-2457 minThe Wealth Without Wall Street PodcastOur Passive Income Report - November 2022It'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 Monthly Passive Income Report is a source...2022-12-2937 minThe Wealth Without Wall Street PodcastThings I Wish I Knew About The Short Term Rental Business with Clint LovetteAre 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 detail and always strives to provide the best p...2022-12-0133 minThe Wealth Without Wall Street PodcastThe Billion Dollar Round Table | Takeaways from the Passive Income Mastermind RetreatHave you ever wondered what it's like to join the Passive Income Mastermind Retreat? Well, live events change lives. No doubt. That statement is especially true for the recent Passive Income Mastermind event. If you weren't there to experience the life-changing gathering, this is your chance to hear the billion-dollar takeaways from the retreat. So don't miss out! Listen up and get access to super powerful ideas that will change the way you view your current situation. In this conversation, Mark Podolsky and Sharran Srivatsaa join Russ Morgan and Joey Mure to discuss their b...2022-11-0350 minThe Wealth Without Wall Street PodcastOur Passive Income Report - September 2022The September Passive Income Report contains so many lessons. As always, you can find inspiration in the things Russ and Joey are doing, or you can explore your own ideas. What works for them may not exactly work for you, but there are people in the Wealth Without Wall Street Community who are always ready to provide guidance, and there are courses you can take. For September, a large chunk of Russ and Joey's income came from their land and short-term rental businesses. Unfortunately, they had a temporary setback in their Ethereum Miners. Still...2022-10-2732 minThe Wealth Without Wall Street PodcastThe ABCs of Land Flipping with Mark PodolskyDid you know that investing in raw land has more potential than investing in other forms of property? In fact, land flipping has been a steady source of passive income for Russ and Joey for the last couple of years. In today's episode, they interview The Land Geek, Mark Podolsky. Mark has been buying and selling land full-time since 2001 and has completed around 6,000 land deals with an average ROI of over 300% on cash flips. Isn't that a great path to financial freedom? So if you want to know how to start your own land flipping business, tune i...2022-09-2238 minThe Wealth Without Wall Street PodcastRound Table | Rich Dad Poor Dad For Teens Part Three“The people you spend your time with are your future.” That’s one of the takeaways from Robert Kiyosaki’s book. Today Russ and Joey have their teen daughters back on the show to conclude the review of Rich Dad Poor Dad for Teens. Part 3 is all about “Creating Your Own Cash Flow,” which includes money-making opportunities for teens, managing assets using piggy banks, good and bad debts, and having a financial head start. Overall, the book provides valuable financial lessons for young people, which will be very useful as they graduate from college, and go out into the real...2021-08-3145 minThe Wealth Without Wall Street PodcastThe 401k Lake House Part Two#185: How do you define wealth? Would you consider yourself wealthy? It’s important to think about your definition of wealth so you can set a clear goal. In today’s episode, Russ reminds us of his lake house story, what it meant for him and his family, why he ended up selling it, and what he got in return. This story shows yet another way to build wealth while enjoying time with your family. By sharing their stories and experiences, Russ and Joey hope to teach listeners to think differently about money and explore creative ways to build wealth whil...2021-04-1526 minThe Wealth Without Wall Street PodcastRich Dad Poor Dad for Teens Part Two#179: How important is it to teach children about the value of money? At what age should children learn financial literacy? Today’s episode brings back Russ Morgan and Joey Mure’s daughters for Part Two of lessons learned from Robert Kiyosaki’s book Rich Dad Poor Dad. If you missed Part One, check out Episode 166. Whether you’re a parent to young children or someone who wants to reevaluate your relationship with money, you will get a ton of value as you listen to this conversation. Hear the refreshing perspective of four teens around how they view money, finding opportun...2021-03-0448 minThe Wealth Without Wall Street PodcastOur Passive Income Report - December 2020#174: How’s your 2020? We saw a lot of challenges in the year that was, but there were also great opportunities for those who are willing to act. Yearends are usually a time for reflection and looking back on the things we learned. Today, our hosts will share their Passive Income Report as they have been doing in the previous months. This practice has been part of Russ’s vision board. It’s always good to look at what’s been working and what’s not, and coming up with strategies to do better in 2021.Aside from their different...2021-01-2832 minThe Wealth Without Wall Street PodcastOur Passive Income Report - November 2020#169: “Vision is something that you think about, but the reality of it is when you can see it because you put it down somewhere in front of you.” ~ Russ MorganAs we’re nearing 2021, it’s a great time to sit down with your family, envision what you want to accomplish for the coming year, and put everyone’s ideas on a vision board. The Passive Income Report is part of Russ’s vision board. This practice was inspired by Entrepreneurs on Fire by John Lee Dumas and The Smart Passive Income by Pat Flynn, who p...2020-12-3135 minThe Wealth Without Wall Street PodcastIBC Round Table - Exiting the 401k CasinoWelcome to the IBC Round Table! This is an extra podcast segment designed to drop every Tuesday that will teach you more about the Infinite Banking Concept. Russ Morgan and Joey Múre, joined with our other coaches, continue the IBC conversations that our community is having and break them down to help you get over those hangups in order to make Infinite Banking simpler so that you can take action. This Week's Episode Topic: Exiting the 401k Casio. Today's conversation is all about how you should exit the 401k casino to get more...2020-07-0730 minThe Wealth Without Wall Street PodcastHow do I get Started with the Infinite Banking Concept? - Book Review Part 12#140: This episode is all about answering the question: How do I get started with the Infinite Banking Concept (IBC)? Russ and Joey discuss how this is a process, all while pairing it with the "Capitalizing Your System and Implementation" chapter in R. Nelson Nash's book: Becoming Your Own Banker. While this answering this question, you'll need to find the right coach. This coach must possess all of the right criteria which Russ and Joey lay out for you. This isn't just someone who can write an insurance policy. A coach needs to be someone who is also actively doin...2020-06-0442 min
The Wealth Without Wall Street PodcastThe Infinite Banking Concept (IBC) Explained in “Becoming Your Own Banker” by Nelson Nash: Book Review Part 9#114: What This Episode Is About:On this week's episode of The Wealth Without Wall Street Podcast, Joey and Russ sit down to discuss R. Nelson Nash's book, Becoming Your Own Banker, and how its serves as a critical piece in understanding the foundation of The Infinite Banking Concept.They explain Infinite Banking by looking at the story of two sisters buying cars and how, despite using their money in almost identical ways, one sister is able to grow her wealth over $700k more than her sister’s account.Ru...2019-12-0549 min