The Wealth Without Wall Street Podcast

These days, it’s possible for people to find events that satisfy their interests in cities around the world. No matter what you’re looking to get out of a live event, many people usually walk away having had the event exceed their initial expectations. While some people get intimidated by live events, those brave enough to attend will find that there’s so much to gain, just like what happened in t...

Are you a highly paid employee or professional? Does your current career allow you to earn substantial income? If so, would there be any reason for you to seek a different path? Would you like to become an entrepreneur or an investor?  In today's episode, Russ and Joey speak with Buck Joffrey, a surgeon turned entrepreneur and investor. Buck talks about his decisions and actions after reading...

Many people worry about providing security for their families if something unfortunate happens. They think about what their spouses and children will do to pay the bills. So comes the question: Should you buy life insurance or focus on saving money in a bank?  While both life insurance and savings can result in a lump sum benefit for your loved ones, there are key differences, especially if y...

Taxes eat up a chunk of most people's income. What if there are ways to keep more of what you’ve earned? In this episode, Russ, Joey, and CPA Mark Perlberg discuss the top mistakes entrepreneurs and business owners make that make them pay unnecessary taxes.  If you are eager to know how to protect your income, consider implementing the ideas that could reduce your tax bill this year or the ne...

2023 was a year of ups and downs and unexpected twists and turns. For many people, it was a year of learning as they went through many experiences that led to either heartbreak or triumph.  How about you? What valuable lessons can you take away from the past year that you can apply as you move forward to the new year? What are you excited about for 2024? In today's conversation, Russ, Joey, a...

When faced with a challenging situation, what would you do if failure was not an option? It takes courage to take major leaps in life, but not taking action can lead to failure. In this episode, Dave Wolcott shares how he pivoted when he woke up in an unexpected scenario, going from having one child to having four children overnight. Discover how he quickly decided to change his financial situatio...

What wins and challenges have you faced over the past year? What big hairy audacious goals (BHAG) have you set for yourself in the coming year? As the new year starts, it's natural for people to reflect on their professional and personal achievements over the past 12 months.  This moment of reflection can be extremely valuable as it allows us to assess how far we've come, identify areas of op...

What if you can grow your passive income to 25% in 2024? How will it change your life? Would you like to know how to finally achieve financial freedom in 2024? As Russ and Joey share their November 2023 Passive Income Report, they also discuss how they respond to the most common question people ask: “Where are you investing?”  They share where they are putting their money and give you the cri...

An eQRP or Enhanced Qualified Retirement Plan is marketed as the fastest way to earn more than traditional 401(k)s or self-directed IRAs. It is said to be a system that offers complete flexibility, control, and protection of your investments. Unlike any other retirement account, you have the freedom to choose your investments with an eQRP. That sounds like a fantastic way to build wealth and achie...

Many people dream of having more money, and you probably have the same goal. But what are you doing about it? Warren Buffett once said, “If you don't find a way to make money while you sleep, you will work until you die.” You probably don't realize that you're losing money while you sleep. But all that is about to change if you pay attention to today's conversation between Russ, Joey, and their gu...

Be careful who you hang out with because being in the wrong company can harm you if you're not careful. We all know that keeping up with the Joneses is a real phenomenon. So, how do you begin to detach yourself from it once you’ve figured out that it’s just not working for you and instead causing you to dig a deeper financial hole every month?  Aside from that, what else are you doing that pr...

Did you know that laundromats are a billion-dollar business in the United States? Can you imagine how many quarters there are in a billion dollars?   Yes, laundromats generate a lot of money. However, not all of it becomes the profit of a laundromat owner. Owning a laundromat also comes with steep expenses like utilities and overhead costs.  So, how can you make sure your laundromat is p...

As parents, we want to ensure our children learn how to make wise financial decisions before they start living independently. But how do we teach them when they're young? How can they know the value of coins and dollars? It can be challenging for young children to understand the value of money, but as with most knowledge that kids need to acquire, introducing a fun activity can help. For more idea...

You've probably heard the saying, “The riches are in the niches," but what does that really mean? How does focusing on a specific niche increase your chances of success? Isn't it wiser to try and reach a broader market? Today's conversation between Russ, Joey, and Tom Dunkel will give you the perspective and insights into why discovering your unique ability and specific niche can lead you to finan...

“It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”  This famous quote by Robert Kiyosaki appropriately describes today's conversation. How much of our hard-earned money do we get to keep when a massive chunk goes to the government? What can we do legally and ethically to minimize our tax liability to allow us t...

Passive income sounds amazing, but is it really better than active income? Both incomes are required at some point in your lifetime, but which one can help you reach financial freedom faster? What exactly is the difference between active and passive income, and why should you care? That's what Russ and Joey will discuss today. So don't miss the conversation.  Top three things you will learn:&...

Who would you ask for advice when making important decisions, especially about money? What are the qualities you would look for in a money coach?  If you want to know more about the Infinite Banking Concept(IBC) and search for information online, you will get different opinions. How do you know which one to believe? We are inclined to trust a person's expertise when they confidently explain t...

Where should you put your money to hedge against inflation? People believe that investing in gold has many benefits and can protect your investment in the long run. Everyone depends on gold when other assets do not offer stability. For this reason, you can see a steep price hike in gold whenever the global equity markets are turbulent. Another advantage of choosing gold is that the rates are stabl...

We all have goals and things we would love to achieve before we die. But have you thought about preparing your spouse or family for the inevitable? Have you secured their future? As we all know, death doesn't discriminate by age or any other factor. It can come when we least expect it. You may have prepared your last will, but it's not the only thing you must do before you die. While your estate m...

There’s an old saying that you can learn as much from a bad experience as you can from a good one. And that is so true when it comes to the realizations that come with making poor investment decisions. Every investor has had a series of experiences that eventually form their investing principles that may lead to long-term financial success or lost opportunities. So, how do you avoid investment fai...

Quitting a job you have depended on for most of your career can be sad and exciting at the same time. How do you prepare for this crucial decision? To get through this challenging situation, there are preparations you need to make. And today's conversation with Ben Buzek will give you insights into making the decisions that will save your life.  Tune in to learn how to prepare for retirement...

Financial freedom to afford the lifestyle you want for yourself and your family is an important goal for many people. But starting your path to financial freedom can be challenging if you do not know what to do. To help you gain financial literacy and create a solid financial foundation, Russ, Joey, and the financial freedom coaches discuss the following to give you The Financial Freedom Starter G...

Sometimes, we all just need a little encouragement or advice. And although our friends and family may try to support us, it is difficult for them to relate if they aren’t in the same situation. That’s why finding a community of like-minded people is so important for success. You have to find the right place where you can learn and grow. Such is the impact of joining the Passive Income Mastermind....

Most parents dream of sending their kids to college to help prepare them for a better future. But is it worth the time and money? Does it make you a bad parent if you don't finance your kids' college education? Do you believe they have to go to college to be successful in life? The answer is yes and no, and today's conversation will give you the insights you need to decide if you should or should...

Are you on your way to building passive income? Have you found an ideal path that matches your skills and passion? How do you keep passive income passive? As you listen to this podcast, you will learn which businesses Russ and Joey are investing in, their wins and losses, and all the lessons they learned. So, if you need ideas to start your financial freedom journey, this podcast and the Wealth Wi...