The Wealth Without Wall Street Podcast

Learn how to get started with the Infinite Banking Concept and why it's not a get-rich-quick scheme. Discover the criteria for finding the right IBC coach and the importance of ongoing coaching. Explore the concept of joining a wealth club for Infinite Banking enthusiasts and building a supportive community.

Are you still thinking about which path to take to achieve financial freedom? If you have yet to decide which way to go, or you're looking for a new business opportunity, you would want to listen to this episode with Sophie Howard. Sophie shares what she considers the fastest lane to building passive income: buying online businesses. But how would you know which business to buy? Tune in and let Sophie walk you through purchasing online businesses for profit. Top 3 Things You’ll Learn:How to buy online businesses and outsource the operationsHow to cross-pollinate your businessesTop online business models and ideas About Our Guest:Sophie Howard started online with an Amazon business in 2013. She also launched over 1000 products and built educational programs teaching thousands of students how to sell online. A big fan of passive income streams and smart business models, Sophie stays engaged with the latest trends of what is working in online businesses. Connect with Sophie Howard:Website - https://www.wealthwithoutwallstreet.com/FreedomNavigatorInner Circle LIVE 2023: August 25-27, 2023https://go.wealthwithoutwallstreet.com/innercirclelive-2Promo Code: PODCASTBuy and Sell Online Businesses & Websites:https://empireflippers.com/Trends Newsletter Guide: https://trends.co/guide/Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallJoin the Community:https://www.wealthwithoutwallstreet.com/communityDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

Where 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.”Let's say you have upcoming equipment or vehicle purchases for your business. In that case, today's discussion will give you insight into how you can start getting insurance policies for your partners or key people and becoming the financing agent for the big-ticket purchases for your business. So listen up!In response to the requests to bring back the BYOB series, Russ and Joey continue their book review, and today they talk about expanding your system to accommodate all income.This episode is Part 11 of an 18-Part Series. Top 3 Things You’ll Learn:How to be a good steward of moneyYou can be a part of the banking function and benefit from itHow to use IBC to finance the purchase of equipmentAbout R. Nelson Nash:R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Join the Inner Circle Live: August 25-27, 2023https://go.wealthwithoutwallstreet.com/innercirclelive-2Promo Code: PODCASTBecoming Your Own Banker by R. Nelson Nash:https://www.wealthwithoutwallstreet.com/ibcbookThe Infinite Banking Concept Explained by a CFP:https://www.youtube.com/watch?v=sVuexMv6Kf4IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy:https://www.youtube.com/watch?v=h4rugVZkajcJoin the Community:https://www.wealthwithoutwallstreet.com/communityFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

It'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 what you're hearing from them and start building your path to financial freedom? June 2023 Income At-A-Glance:  Gross Income for June: $116,728.65Total Expenses for June:$32,383.94Total Net Profit for June: $87,194.73Difference b/t May & June: $30,830.33% of net profit to overall gross revenue: 75%Join the Inner Circle LIVE: August 25-27, 2023https://go.wealthwithoutwallstreet.com/innercirclelive-2Promo Code: PODCAST (Get 20% OFF)Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallThe Art of Passive Income Podcast by Mark Podolsky:https://podcasts.apple.com/us/podcast/the-art-of-passive-income/id1125069143Learn How to Invest in Real Estate with The Land Geek:https://www.thelandgeek.com/Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizSTACK Candles:https://www.stackcandles.com/Subscribe to Our YouTube Channel:https://www.youtube.com/@WealthWithoutWallStreetCheck Out Our Monthly Passive Income Reports: https://www.wealthwithoutwallstreet.com/passive-incomeDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportShort-Term Rentals in Birmingham:https://wakeupinbirmingham.com/Short-Term Rental Course:https://www.wealthwithoutwallstreet.com/strcourseApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

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 expanding your system to accommodate all income.This episode is Part 10 of an 18-Part Series. Top 3 Things You’ll Learn:How to think differently and expand your system to accommodate all incomeThe way you think pushes you to how you behave.Our behavior is what ultimately impacts our future.About R. Nelson Nash:R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Join the Inner Circle Live:https://go.wealthwithoutwallstreet.com/innercirclelive-2Promo Code: PODCASTBecoming Your Own Banker by R. Nelson Nash:https://www.wealthwithoutwallstreet.com/ibcbookThe Infinite Banking Concept Explained by a CFP:https://www.youtube.com/watch?v=sVuexMv6Kf4IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy:https://www.youtube.com/watch?v=h4rugVZkajcPlay the Best Online Investing Game — CASHFLOW® Classic — to Begin Your Exit from the Rat Race:https://www.richdad.com/products/cashflow-classicBuilding Your Warehouse of Wealth by Nelson Nash:https://infinitebanking.org/product/building-your-warehouse-of-wealth/Join the Community:https://www.wealthwithoutwallstreet.com/communityFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

Many 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 book, The Lifestyle Investor, and he also hosts a podcast with the same title. If you want to learn more about becoming a lifestyle investor and live your dream life, tune in and pay attention to the nuggets of wisdom that Justin generously shares today. Top 3 Things You’ll Learn:What does it mean to be a lifestyle investor?Four core principles to guide your investment decisionsA good relationship is the biggest factor when it comes to negotiatingRemember To Schedule A Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallAbout Our Guest:Justin Donald is an acclaimed lifestyle investing expert, financial strategist, speaker, investment coach, and author. Justin consults and coaches entrepreneurs, executives, and successful media personalities on lifestyle investing through his Lifestyle Investor Mastermind.Connect with Justin Donald:Website - https://lifestyleinvestor.com/strategyPodcast - https://lifestyleinvestor.com/podcast/Inner Circle LIVE 2023:https://go.wealthwithoutwallstreet.com/innercirclelive-2August 25-27, 2023Promo Code: PODCASTThe Lifestyle Investor Book by Justin Donald:https://course.justindonald.com/Free-Plus-Shipping-Book-SPNever Split the Difference: Negotiating As If Your Life Depended On It by Chris Voss:https://www.amazon.com/Never-Split-Difference-Negotiating-Depended-ebook/dp/B014DUR7L2Join the Community:https://www.wealthwithoutwallstreet.com/communityFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind

If 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 the requests to bring back the BYOB series, Russ and Joey continue their book review, and today they talk about how to build your financial system and take over the function of a bank which, in essence, is about becoming your own bank. This episode is Part 9 of an 18-Part Series. Top 3 Things You’ll Learn:How to start building your infinite banking systemYou must not be afraid to put money into the system.IBC is not about a life insurance policy. It's about taking over the function of the banking system.About R. Nelson Nash:R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash:https://www.wealthwithoutwallstreet.com/ibcbookThe Infinite Banking Concept Explained by a CFP:https://www.youtube.com/watch?v=sVuexMv6Kf4IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy:https://www.youtube.com/watch?v=h4rugVZkajcThe Richest Man in Babylon by George S. Clason:https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111Join the Community:https://www.wealthwithoutwallstreet.com/communityFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

Do you know how much money you need to save to be able to retire in your 50s or even earlier? What are you doing to prepare for your retirement? Are you just accumulating your money in traditional retirement accounts? If you think the 4% safe withdrawal rate is on your side, think again. If you want to be financially independent, retire early, and live your dream lifestyle, today's episode with Kelly Iannone is a must-listen!Top 3 Things You’ll Learn:Why you should not put your money in traditional retirement accountsHow to use the retirement calculator Why multifamily syndications can be your path to financial freedom (depending on your Investor DNA)About Our Guest:Kelly Iannone co-founded Waypoint Commercial Investment Partners with her husband. They have been real estate entrepreneurs since 2017. Together they have a portfolio of 579 units throughout Florida, Georgia, and Texas valued at over $65 million.Kelly advocates for the FIRE (Financial Independence, Retire Early) community and is passionate about helping others achieve financial freedom through passive income from multifamily real estate.Connect with Kelly Iannone:Website - https://waypointcip.com/LinkedIn - https://www.linkedin.com/in/kelly-iannone-waypointcip/Inner Circle LIVE 2023:https://go.wealthwithoutwallstreet.com/innercirclelive-2August 25-27, 2023Promo Code: PODCASTRetirement Calculator:https://retirementguide.wealthwithoutwallstreet.com/Join the Community:https://www.wealthwithoutwallstreet.com/communityFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind_

If 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, Russ and Joey continue their book review and discuss which policy is suitable for setting up your own bank. This episode is Part 8 of an 18-Part Series. Top 3 Things You’ll Learn:The different types of insurance policiesWhich is more expensive - term life policy or whole life policy?The importance of making sure your policy is set up the correct way if you're going to use it for IBCAbout R. Nelson Nash:R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Wealth Without Wall Street Episode 19 - Dave Ramsey is WRONG:https://www.wealthwithoutwallstreet.com/podcast/dave-ramsey-is-wrongBecoming Your Own Banker by R. Nelson Nash:https://www.wealthwithoutwallstreet.com/ibcbookIBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy:https://www.youtube.com/watch?v=h4rugVZkajcJoin the Community:https://www.wealthwithoutwallstreet.com/communityFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

What is the most critical factor in starting or growing a business? Is it money or capability? What factors should you consider when thinking about investing in a company? Why would you gain out of joining Masterminds? These are just some of the topics that Russ, Joey, and Jayson Lowe discuss in today's episode. So if you want to know the answers to these questions, you're in the right place.Top 3 Things You’ll Learn:Which is more important - money or capability?What to look for before investing in a businessWhy it's important to have a mentor and be in a community of like-minded peopleAbout Our Guest:Jayson Lowe is a highly regarded coach, speaker, and advisor to individuals and business owners. He is the founder of Ascendant Financial Inc., where he leads a team of professionals committed to teaching people how to implement the Infinite Banking Concept (IBC). Jayson is internationally recognized as one of the leading educators and implementers of the Infinite Banking Concept (IBC). He co-authored The Bankers’ Secret, a Simple Guide to Creating Personal Wealth for Canadians.Connect with Jayson Lowe:Website - https://learnwithj.com/Inner Circle LIVE 2023:https://go.wealthwithoutwallstreet.com/innercirclelive-2August 25-27, 2023Promo Code: PODCASTFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermindWho Not How by Dan Sullivan: https://www.amazon.com/Who-Not-How-Accelerating-Teamwork/dp/1401962327/WTF?! (Willing to Fail) by Brian Scudamore:https://www.o2ebrands.com/mywtfbook/us—