Transforming Active Income into Passive Wealth

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%

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Join the Inner Circle Live Waitlist:

https://www.wealthwithoutwallstreet.com/live

Free IBCA or Financial Freedom Discovery Calls:

https://wealthwithoutwallstreet.com/freecall

IBC Webinar:

https://wealthwithoutwallstreet.com/ibc

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:

https://turo.com/

Learn How to Invest in Real Estate with The Land Geek:

https://thelandgeek.com/

Join the Wealth Without Wall Street Community: 

https://wealthwithoutwallstreet.com/community

Turn Active Income Into Passive Income:

https://wealthwithoutwallstreet.com/pios 

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:

https://stackcandles.com/

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.

—