The Wealth Without Wall Street Podcast

How can I pay premiums? This topic can become an absolute mind-shift. Many new policy holders think about their premiums as an pure expense. "I've got to pay this", "how can I possibly keep this up?" Common feelings like these early into the policy can occur. Simply put, this is entirely a financial tool. A tool to be used like an asset, not an expense. Once you see that, you view your premiums as an incredible opportunity to grow your journey towards 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.--Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join. here: https://wwws.link/inner-circle-sign-up

#155: Welcome to the continuation of the Wealth Without Wall Street Podcast's Monthly Passive Income Report. This episode we highlight our August 2020 passive income streams.We’re opening up the books and are sharing our actual passive income numbers with you. We want you to see if they’re working and to help inspire you to start today on growing your passive income. If you don’t keep score, it’s hard to know how you’re doing. These episodes help us open up our eyes. We’re also unlocking not only the revenue from our passive income sources, but also talking about how passive they actually are. We offer our community affiliate passive income opportunities and we want to be transparent with our community so that we can both support each other on our paths to Financial Freedom. Check out below our numbers in August, 2020: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.August 2020 - Passive Income RevenueBy the Numbers:Gross Revenue:  $ 18,674.6 Total Expenses:  $ 15,171.9 Net Profit:  $ 3,502.7____Affiliate Marketing - Revenue: $112 | Expenses: $0Community - Members: 3,000 | Revenue: $ 2178 | Expenses: $2500Long-term Rental - Revenue: $ 1065 | Expenses: $ 941Short-term Rental - Revenue $3903 | Expenses $1785Crypto - Revenue $4219 | Expenses $1610Multi Family - Revenue: $0 | Expenses $0Cattle Business - Revenue: $0 | Expenses $0Land Flipping (Tri Star) - Revenue: $2521 | Expenses: $1936Land Flipping (Everland) - Revenue: $3430 | Expenses: $0--Check out the Tuttle Twins products: https://wwws.link/tuttletwinsJoin Vigor training: https://wwws.link/vigortrainingBe sure to subscribe and check back in with us in to hear our September edition of our Passive Income report!

This week’s round table is all-out answering this common question: “Why would I ever want to borrow my own money and pay interest for it?” This is one of the biggest hang-ups about the concept of infinite banking. Spoiler alert - you’re actually not borrowing your money. Listen in and hear how to get clarity on this and many more questions regarding policy loan interest.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.--Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join. here: https://wwws.link/inner-circle-sign-up

#154: Can ATM’s be a solid investment opportunity? All of us know that feeling of being in a situation where you need immediate access to cash. In those situations, the importance of the need for that cash greatly outweighs the hefty service fee the machine tacks onto the withdrawal. Someone is benefiting from those transactions and today’s interview is with one of those investors, Dave Zook. Dave walks Russ and Joey through how you can make money from ATM machines and how intensive it might be. We talk about the end users of ATMs and if they’re going away or not in a now cashless society. We also discuss the various types of ATM machines and which ones you can get into investing in. This is a highly-requested podcast interview from our Wealth Without Wall Street community and we’re excited to be able to share out the wonderful world of ATM machine investing.Top three things you’ll learn:-How long it takes to get your investment back-What types of ATM machines are investable-Other avenues of revenue ATMs offer than just transactionsAbout Dave ZookDave Zook is a successful business owner and an experienced real estate investor active in Multi – Family Apartments, Self-storage and the ATM space. Dave has acquired more than $100 million worth of real estate since 2010. At the time of this writing, he and his investors own approximately 3000 Multi-family Apartment units.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.Go to www.wealthwithoutwallstreet.com/atm to learn more about Dave.

Today’s Round Table discussion is a heavy-weight matchup between Velocity Banking and the Infinite Banking Concept. Russ, Joey, Ernie, Mark, and JD all come together to take a deep dive on whether you should build equity inside your mortgage or outside your mortgage and how taking full-control of the process might be the tipping point in one direction.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.--Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join. here: https://wwws.link/inner-circle-sign-up

#153: How to Build a Life Worth Chasing - With Chase Maher We are trained in American society to get into debt. How can you do the opposite of what the middle-class is trained to do and do what the wealthy know how to do? Even for those who choose to save up and then spend, there are very little ways to get out of the cycle. We should make our earnings go to work for us and if we’re going to spend anything, we’re going to spend what that produces. Chase Maher of The Life Worth Chasing Podcast, comes on our show to share his perspective of never fitting in. Chase is a real-estate investor who is simply thinking differently. His goal is to buy the assets that create the lifestyle, not have a corporate job that spends down for a lifestyle. He found ways to create the assets that built the life worth chasing.What you’ll learn:Understand the difference between “Have. Do. Be” and “Be. Do. Have”.Learn what Location Independence means and how you can set out to achieve it.How to treat your personal life expenses as a profit and loss sheet seen in a business.Follow Chase’s journey of A Life Worth Chasing here:www.wealthwithoutwallstreet.com/lifeworthchasingDisclaimer: 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.

In this episode of the Round Table, we’re talking about retirement Income… the infinite-banking way. This is a reminder that we’re creating income streams, not accumulating assets. The building of an asset is the first part of the infinite banking process, and the borrowing against those assets to generate cash flow is the second part of it all. The second part is what might scare people away from trying to reach financial freedom. Potential conflict can be seen as a deterrent to starting something new and big. However, conflict makes things interesting and if you were to talk with anyone who’s achieved financial freedom, they’ll tell you that yes… the’ve experienced a great amount of conflict, but they’ll follow up with it saying it was all a part of the journey and all worth it.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.--Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join. here: https://wwws.link/inner-circle-sign-up

In this episode of The Wealth Without Wall Street Podcast, Joey and Russ take on part 15 of the Becoming Your Own Banker by R. Nelson Nash book review. They discuss the chapter about "An Even Distribution Of Age Classes" and the importance of thinking long-range. Legacy in its simplest forms is at play here. You need to think about passing along the knowledge to future generations. Nash is all about making you to think “how do I play out this becoming your own banker process for generations?” Chances are, you’re the first person to start this process in your family and you’re starting to realize this process can play out for generations to come. Top 3 Things You'll Learn:Learn that there’s something more important you can eave behind than just wealth.See what Steve Jobs, Martha Stewart, and Walt Disney have in common.Understand that Becoming Your Own Banker is deeper than just money.Buy your copy of the BYOB book here: https://www.wealthwithoutwallstreet.com/infinite-bankingDisclaimer: 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.

This Week's Episode Topic: IBC with your CPA. On this episode of the Round Table, the guys will discuss how you can work with your CPA in a proactive manner all in an effort to keep as much of your money as possible. There’s almost like an internal gut feeling that says “I’m missing out on something”, and “What else should I be doing?”.We’ve hit on the show before about concerns of; Is the tax-train coming in 5 years, 10 years, 20 years from now, or how does this year’s election affect that? The best way to answer all of this is to simply stay proactive. Leaning into your relationship with your CPA can help.Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. 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.

#152: Today's podcast interview is all about understanding Tax Liens and we brought in the Tax Lien Lady, Joanne Musa. Tax liens are fairly straight forward, but they can get complex in a hurry. Tax liens at their core are the result of when people don't pay their property taxes and cash-strapped  states will sell these taxes to investors, resulting in a lien against the property. Auctioning these liens can be lucrative and an effective way of working towards financial freedom.Top 3 Things You’ll LearnHow tax liens work and how it varies by state.How you can bid down the tax liens to make more lucrative margins.How to pick the right states to bid on tax liensAbout Joanne MusaThe Tax Lien Lady, known online as America’s most trusted teacher and trainer on tax lien investing, helps investors who want to reap the rewards of from safe, profitable tax lien certificates and tax deeds. For the past 15 years Joanne has specialized in training people on how to build a profitable portfolio of tax lien certificates or tax deeds, so that they no longer need to take their chances in the stock market.Get your Free Tax Lien Report here:www.wealthwithoutwallstreet.com/taxliensDisclaimer: 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.