Intro | 3min snip from The Wealth Without Wall Street Podcast

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How We Made $36k Last Month Using the Infinite Banking Concept (IBC)

The Wealth Without Wall Street Podcast

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CHAPTER

Intro

This chapter highlights the importance of time in achieving financial freedom and introduces a new book summarizing insights on converting active income into passive income. The hosts also share their recent income success and touch upon the infinite banking concept, laying the groundwork for deeper exploration in the episode.

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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.

Whether you're just starting or already on your journey to financial freedom, this episode is packed with practical insights to help you explore your own passive income path.

Tune in now to learn the right strategies to start earning more dollars monthly!

Top three things you will learn:

-How to build a system that allows your money to create more money

-Different passive income ideas you can explore

-How to use IBC to fund your investments

August 2024 Income At-A-Glance:

-Gross Income for August: $67,100.04

-Total Expenses for August: $20,864.97

-Total Net Profit for August: $46,235.07

-Difference b/t July & August: ($9,376.69)

-% of net profit to overall gross revenue: 69%

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