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Understanding Passive Income in Economic Downturns
This chapter explores the ups and downs of passive income, detailing a significant drop from fifty thousand to thirty-five thousand dollars. The speakers stress the vital role of cash flow from passive income as a financial safety net, especially compared to traditional investments like 401ks.
Is the recession already here, and, more importantly, are you ready for it? In this urgent and timely episode, Russ and Joey confront the reality of today’s economic landscape, from surging inflation and skyrocketing credit card debt to market instability and job uncertainty.
They reveal the brutal truth behind traditional savings and retirement plans and why passive income and financial control matter now more than ever. With real-life examples and practical next steps, this conversation will help you evaluate your position and take action.
Top three things you will learn:
-Why financial freedom requires liquidity
-How to recession-proof your life
-Repositioning your assets to protect and grow your wealth
February 2025 Income At-A-Glance:
-Gross Income for February: $54,804.00
-Total Expenses for February: $19,641.52
-Total Net Profit for February: $35,162.48
-Difference b/t January & February: $6,704.37
-% of net profit to overall gross revenue: 64%
For Accredited Investors Who Want to Invest With Us:
-Email: info@wealthwithoutwallstreet.com (Reply: Accredited)
The Self Storage Investing Podcast:
-https://selfstorageinvesting.com/our-podcasts/
Turn Active Income Into Passive Income:
-https://wealthwithoutwallstreet.com/pios
Book Your Free Passive Income Game Plan Session:
-https://wealthwithoutwallstreet.com/freecall
Join the Inner Circle Live Waitlist:
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IBC Webinar:
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Wealth Without Wall Street New Book:
-https://wealthwithoutwallstreet.com/newbook
Access our Free Financial Scorecard:
-https://wealthwithoutwallstreet.com/scorecard
How to Start a Vending Machine Business, Cost, Tips, How Much You Make with Michael Hoffmann:
-https://www.youtube.com/watch?v=73Xwu2tHhwI
Build Passive Income with Vending Machines:
-https://wealthwithoutwallstreet.com/vending
Explore the World's Largest Car Sharing Marketplace:
Learn How to Invest in Real Estate with The Land Geek:
Join the Wealth Without Wall Street Community:
-https://wealthwithoutwallstreet.com/community
Take the Financial Freedom Analyzer:
-https://wealthwithoutwallstreet.com/quiz
Subscribe to Our YouTube Channel:
-https://youtube.com/@WealthWithoutWallStreet
Check Out Our Monthly Passive Income Reports:
-https://wealthwithoutwallstreet.com/passive-income
Discover Your Path to Financial Freedom:
-https://wealthwithoutwallstreet.com/passport
Apply to Join the Passive Income Mastermind:
-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind
How to Buy Online Businesses for Profit:
-https://wealthwithoutwallstreet.com/freedomnavigator
Freedom Travel Support System:
-https://freedomtravelsystems.com/www
Join Our Short-Term Rental (STR) Course:
-https://wealthwithoutwallstreet.com/strcourse
Invest With Your Friends and Family:
-https://tribevest.com/partners/wwws
STACK Candles:
Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:
-https://wealthwithoutwallstreet.com/cars
Join the Wealth Without Wall Street Affiliate Program:
-Email - info@wealthwithoutwallstreet.com and say: I have to be in your Affiliate Program because I believe in what you're doing.
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Listen to the best highlights from the podcasts you love and dive into the full episode