The Wealth Without Wall Street Podcast cover image

How to Turn Active Income into Passive Income Using the Passive Income Operating System with Joey Mure and Russ Morgan

The Wealth Without Wall Street Podcast

CHAPTER

How Much Money Do You Spend on a Monthly Basis?

An income account just gives you a place, a landing place, for all the money that you're getting paid from either W2 or from your own business into one place. And then from there, it gives you the point to say, okay, how much of this income that I just received has to be pushed to my expense account? The place where I'm going to take all the personal expenses that is in my budget, big expenses, regular expenses, irregular expenses, whatever they may be and push them into a different account.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner