

The Wealth Without Wall Street Podcast
By Russ Morgan & Joey Muré
Your go-to podcast for uncovering the dirty secrets behind Wall Street and how to take back control of your wealth. The Wall Street mindset separates both families & business owners from their money while the elite and unknown get to use it for their advantage. The secret to achieving this is having your money work for you, not someone else, when wealth building. You can get there through earning passive income. When you have more passive income than you do expenses, you have achieved financial freedom. On this podcast, we work tirelessly toward your financial freedom. We cover topics like the Infinite Banking Concept, multifamily real estate, private lending and a multitude of other cutting edge ideas. We host industry specific reputable guests and share personal stories to educate you on how to finally achieve financial freedom. For more education on how, check out wealthwithoutwallstreet.com
Episodes
Mentioned books

Aug 10, 2023 • 36min
Stop Playing Small and Go for It with Bronson Hill
Wouldn't it be great to have the choice to keep working or retire early and still have money coming in? Today's guest was able to exercise this freedom of choice, and he will share how he left his high-paying job and went all-in to becoming a real estate investor. Tune in to discover if the path he took is something you would want to follow. Discover how to start finding profitable deals and investing in properties even when you don't have enough money for capital. Top 3 Things You’ll Learn:Two ways to participate in a dealHow to raise capital to finance a dealMaking the hard decision to leave a well-paying job About Our Guest:Bronson Hill was a highly-paid consultant for a medical device company. He worked with physicians who made millions of dollars each year (literally!) but were working 60-80 hours a week, and Bronson didn’t envy them. Yes, they were making a lot of money but trading much of their time. He wanted to make his money work harder to have the freedom to spend his days how he wanted.In his journey, Bronson discovered that high-earning individuals could reduce their taxes and eventually replace their work income with cash flow through alternative investments (outside of Wall Street). He believes true financial freedom is when you can scale your passive cash flow without limiting your time. Today, Bronson continues to build his wealth through multifamily syndications. 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.Connect with Bronson Hill:Website - https://bronsonequity.com/How to Use Inflation to Your Advantage: https://bronsonequity.com/Inner Circle LIVE 2023: August 25-27, 2023https://go.wealthwithoutwallstreet.com/innercirclelive-2Promo Code: PODCASTFree 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—

Aug 8, 2023 • 45min
BYOB Book Review Part 12 | How Do I Get Started With The Infinite Banking Concept?
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.

Aug 3, 2023 • 43min
Buying Online Businesses for Profit With Sophie Howard
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. 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.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—

Aug 1, 2023 • 36min
BYOB Book Review Part 11 | The Entrepreneur Gets a Lesson in Finance by Nelson Nash
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. 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: 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—

Jul 27, 2023 • 45min
Our June 2023 Passive Income Report
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%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: 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—

Jul 25, 2023 • 43min
BYOB Book Review Part 10 | Can I Put All of My Income Into an Infinite Banking Policy?
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. 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: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—

Jul 20, 2023 • 43min
How to Retire Your Spouse With One Deal With Justin Donald
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 negotiatingAbout 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.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.Connect with Justin Donald:Website - https://lifestyleinvestor.com/strategyPodcast - https://lifestyleinvestor.com/podcast/Remember To Schedule A Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallInner 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

Jul 18, 2023 • 51min
BYOB Book Review Part 9 | The Infinite Banking Concept (IBC) Explained
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. 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.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—

Jul 13, 2023 • 41min
How the 4% Safe Withdrawal Rate Failed Me with Kelly Iannone
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.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.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_

Jul 11, 2023 • 52min
BYOB Book Review Part 8 | The Entity in Becoming Your Own Banker by Nelson Nash
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. 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.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—