The Wealth Without Wall Street Podcast

#143: What's this episode all about?This is our 13th podcast episode dedicated to reviewing R. Nelson Nash's book - Becoming Your Own Banker. Russ and Joey take the on the discussion of the retirement trap (page 66-67). What does that mean? There are trillions of dollars that the government sets out there as a trap for us. So, how can we avoid this trap and prosper? It's simple - understand that the motives of others are not the motives of ours.Top 3 things you'll learn:That you can't understand economics without history. How to avoid the retirement trap and create self value through your passions and skills.Why it's impossible for the Government to be charitable.Buy the book: www.wealthwithoutwallstreet.com/ibcbookDisclaimer: 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#142: Natalie Barbu brings us on the journey about how she quit corporate America and was able to create a business that equals her goals of working from home and financial independence. Starting out as a content creator, Natalie built her own profitable brand through social media and grew a highly-engaged following along the way. She then expanded her personal brand into a fully built-out branding agency that helps individuals and businesses build their own brand that connects with their following.Russ and Joey learn from Natalie about how a brand can leverage social media and Youtube and be able convert it into better SEO, better inbound marketing, and a better brand following.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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#141: Do you feel like you struggle with managing your money? Do you have a desire to grow your money? Maybe you feel frustrated that you’re only able to share for the short term and not the long term.On this week’s episode, Joey and Russ talk about how we can maximize our stewardship of money. They also discuss how to move through periods of our life where we can be fearful of either earning or spending too much and how stewardship ties back into a Christian mindset. Joey explains that when we begin to utilize resources to maximize our income, it not only allows us to increase our ability to spend and save, but to GIVE as well. Joey and Russ conclude by stating that the goals we set in our stewardship are able to overcome the fear we may experience in finances. This is a wonderful episode to help everyone reflect on stewardship in all areas, financially, emotionally and spiritually.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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#140: This episode is all about answering the question: How do I get started with the Infinite Banking Concept (IBC)? Russ and Joey discuss how this is a process, all while pairing it with the "Capitalizing Your System and Implementation" chapter in R. Nelson Nash's book: Becoming Your Own Banker. While this answering this question, you'll need to find the right coach. This coach must possess all of the right criteria which Russ and Joey lay out for you. This isn't just someone who can write an insurance policy. A coach needs to be someone who is also actively doing what they're preaching to you, all while sharing their own success and failures. You also shouldn't have to settle for a coach who only checks on you once a year. IBC is a process, not a product. 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#139: Very rarely do Russ and Joey come across something new in real estate strategy after interviewing over 150 podcast guests, but this episode with Pace Morby is packed to the brim of unique and creative financing options for real estate investors. This action-packed interview with Pace Morby offers brilliant educational insights on being able to place yourself inside previously unheard of real estate financing positions. Imagine being able to put $0 down and having a mortgage in your name, all while having a rental property generating over $1,000 a month. This scenario is out there and Pace is here to spread the word.   This episode may very well change your entire way of thinking about how to get into the real estate investing market.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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#138: Is there a difference between short-term or vacation rental investing and traditional real estate investing? What are the advantages of short-term rentals and how can you get started?On this week’s episode, Joey and Russ talk with Avery Carl, CEO and Founder of The Short Term Shop, about the short-term rental (or STR) investing market. Avery shares that her motivation to begin researching and utilizing STR came from her realization that she was dependent on others to tell her when/ if she would get a raise at her job. She also tells our listeners how they can get started in STR and the advantages it has over traditional real estate investing or land flipping.Avery then discusses the state of STR markets during the coronavirus pandemic and how people can still actively generate income through them. She explains the various platforms that she and others utilize for managing these properties, including apps like AirBNB, how they have streamlined her management of properties, and how they have changed during COVID-19. This episode offers incredible insights not only into creating and managing a STR business, but also how to understand the markets you are in and ways you can mitigate risk in investing.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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#137: Daniel Moore of Propellio comes into this week’s episode to discuss multiple valuable topics as he not only breaks down the future of real estate investing, the three fool-proof steps of investing in any cyclical financial market, but also his prioritization of mental, physical and spiritual health over financial success. With Covid-19, there’s a noticeable shift in the global market coming, Daniel’s anticipation is that the next 12-18 months will have a great housing market turn the other direction. The key to this uncertainty is the ability to perform in any market cycle. The largest shift of wealth comes in these uncertain times and those who know how to perform in a downward market have the most to gain in helping themselves and others.Daniel also preaches that real estate isn’t wealth. Through having his daughter, he realized there’s far more to life than what money can buy. Mental, physical, and spiritual health are extremely important and finances are just one piece of that. Top 3 Things You’ll Learn:The current housing market is about to shift and those who are educated and prepared have the most to gain.How core business principles are the path to wealth.How mental, physical, and spiritual health weigh more than financial gains.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.Guest: Daniel MooreDaniel Moore never made it out of high-school and worked in construction for $9 an hour. He suddenly found his passion was in real-estate investing. At 21, he bought his first house project, leaving him with only $50 in his banking account. By the time he sold it, he cashed in a $96,000 check. He caught the bug and earned other high gains, but also hit deep lows due to the cyclical market. Stuck with a decision to make, he turned to educating himself and invested every penny he had into fully immersing himself into learning business principles, the path to wealth. Now, He’s the mastermind behind Propelio, a real estate investing software and education platform.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#136: On this week’s episode of The Wealth Without Wall Street Podcast, Joey and Russ continue their book review of Becoming Your Own Banker by R. Nelson Nash to dive into the equipment financing section to examine the numbers behind these policies.Joey and Russ show how Nash was able to help his nephew grow his income from $92,000 a year to almost $220,000 a year using cash that was already available to him. This section of the book begins to back up the ideas discussed earlier with concrete numbers so you can SEE the growth taking place.Joey and Russ then show you steps YOU can take to apply these same strategies and grow your passive income using sources of cash that you already have in your personal or business life. This is a pivotal episode to show the numbers behind the concepts discussed in previous episodes. You don’t want to miss it!Top 3 Things You’ll Learn:Why everyone should be in two businesses, the one you are currently working in and the business of banking that you use to finance yourself.How you can take control of your finances and how you benefit from banking on yourself.How to maximize your passive income using sources you already have in your home or business.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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#135: What This Episode Is about:On this week’s episode of The Wealth Without Wall Street Podcast, Joey and Russ return to their book review of Becoming Your Own Banker by R. Nelson Nash to answer an important question: Can you put all of your income into an Infinite Banking Policy?Joey and Russ explain in order to answer that question and begin making tactile decisions that will propel you forward, you HAVE to identify what financial freedom looks like for you individually. They tell our listeners that we have to recognize that it’s not about how much or how little we make, but our decisions and abilities to utilize those resources to get out of the rat race. Once we begin to recognize that, we can dive headfirst into making those nuts and bolts decisions that will get us there faster. This is a must listen to episode for anyone that is wrestling with questions or doubts about achieving financial freedom.Top 3 Things You’ll Learn:Why taking the time to establish what financial freedom looks like to you and your family is crucial to building the foundation for Infinite Banking and passive income. How to know the difference between when to invest more money into a policy or when it is time to expand that policy. Why joining a community is vital to achieving 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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—

#134: We are all in the midst of having to make pretty significant change in our lives. Maybe your work has been completely cut out from you and you’re struggling to find an answer. That’s exactly where our guest on today’s show, Pat Flynn, was in 2008. After losing his dream job as an architect, Pat created a website to help others pass the LEED test, an exam many have to take in the architecture industry. People began leaving feedback on his site, with many saying his content was so good, they would pay for it. So Pat wrote a study guide that dove even deeper into techniques to pass the LEED and sold it for $19.99 on his website. During its first month on the website, Pat generated $7,008.55 and that’s when it began to click for him.Since then, he has created various businesses under the Flynndustries LLC umbrella and uses them as case studies in both his blog and podcast. To date, Flynn's businesses have generated over $3 million in revenue and now he works with people all over the world to teach them how to do the same.Our listeners can learn more about the resources Pat discusses in this episode exclusively at wealthwithoutwallstreet.com/patflynn Top 3 Things You’ll Learn:How to get started creating your own website and how to create passive income from it.How your earnings tie into how well you serve your audience and why that’s important to measure.How transparency with your audience works so well in your favor and actually grows your income.Guest: Pat FlynnPat Flynn is a father, husband, and entrepreneur who lives and works in San Diego, CA. He owns several successful online businesses and is a professional blogger, keynote speaker, Wall Street Journal bestselling author, and host of the Smart Passive Income and AskPat podcasts, which have earned a combined total of over 60 million downloads, multiple awards, and features in publications such as The New York Times and Forbes. He is also an advisor to ConvertKit, LeadPages, Teachable, and other companies in the digital marketing arena.  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.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—