The Wealth Without Wall Street Podcast

#216: If you’re listening to this show, then you’ve probably heard that real estate investing is one of the best ways to build wealth. But how can you get started when you don’t have enough money to buy your first properties? And what will you do if you run out of money? Today's guest, Roger Blankenship, will answer these questions and other concerns you may have about pursuing your path to wealth...

How much control do you have over your finances? Are your daily choices and decisions leading you closer to your goals, or do you feel trapped in a life that you did not choose? Whichever situation you find yourself in, know that you can access the same tools that the wealthy and successful use to build more wealth. Financial freedom looks different for everyone, but one common definition is that...

#215: Job security is a big lie. This is a harsh reality that some people realize a bit too late in life. You think you're safe because you're a great employee. Think again. This is exactly the rude awakening that Tyler "Sully" Sullivan faced. Tyler is the founder of BombTech Golf , an eCommerce store, and eCom Growers , which is a Platinum Certified Klaviyo Agency.  Sully was fired from a jo...

“ If you don’t know where you’re going, any road will get you there .” This quote from Lewis Carroll is so true, especially when we talk about our life goals. One of today’s coaches gave a similar quote, “Know where you want to go; otherwise, you're not going to get there.”  How can you choose the right path, when you don’t know where you are going? Until you can answer that question, you can...

#214: "Timing is everything." This quote really resonates with returning guest Garrick McCarty. Garrick first appeared on the show in November 2019 and he’s here today to give us an update on his journey to financial freedom. When Garrick started out he tried multiple paths to build passive income but did not know which one to focus on. He got distracted with every new idea until a mentor told him...

Is it possible to participate in money-making ventures if you don't have the capital to begin with? You know the old saying, it takes money to make money? In this week's round table, you’ll learn a few different ways you can raise the capital to finance your ventures. It's a critical skill to learn, and it helps accelerate your journey to financial freedom. Once you learn how to raise capital, opp...

#213: It's been over a year since Russ and Joey started sharing their monthly passive income report. From $3500 a month to their current earnings, we can see that they have come a long way. There were ventures that weren’t so successful, but the short-term rental and land business continue to bring in a huge chunk of their monthly income. Although this month's income is lower compared to August, e...

How far off are you from reaching financial freedom? Do you have a clear plan on how to achieve it? No matter what stage you are in, it’s always good to be aware of the resources that are available to help you accelerate your journey. Our Financial Freedom Coaches are making the Investor DNA information accessible, so you can evaluate your personality vs. the type of investments that are best for...

#212: Real estate investing is arguably one of the best ways to build wealth. In this episode, we will hear the story of Gary Boomershine, CEO of RealEstateInvestor.com , the ultimate resource, and community for active real estate investors and agents. Gary has achieved the kind of financial success that allows him and his family to design their own lives and build a legacy for future generations....

Have you ever wondered what it might be like to have your own Automated Teller Machine (ATM)? Very few people know that the ATM business can be profitable. The opportunity for investment in this asset class can provide strong cash flow returns. It's a great source of passive income through depreciation. No wonder Coach Mark Haruguchi invested in not just one but 48 ATMs. But like every investment,...

#211: How would you like to take a vacation anytime you want without having to worry about rushing back because you have to go to work? What would you do if you had more free time and money to spend? Sounds like a dream, right? That's exactly what financial freedom is -- having the freedom to choose what you want to do because you enjoy doing it.  Today's guest, Sid Christensen, is back on th...

The concept of financial freedom may not be the same for everyone, and being debt-free does not necessarily mean you’re financially free. So, if you're thinking about whether or not to pay off your house mortgage quickly, you should know exactly what it is you want to achieve. You will own your house, but you’ll still need cash for your daily expenses.  Perhaps the biggest reason to pay off y...

#210: How do you get access to cash without incurring more debt? In today’s episode, we discover a new financial tool outside of IBC. It’s not a loan or reverse mortgage. Instead, it allows homeowners to turn their equity into cash with no interest and no monthly payments.  Matthew Sullivan is the CEO and Founder of QuantmRE , a company that solves a real problem for homeowners by helping the...

Have you heard about Robert Kiyosaki’s The CASHFLOW Quadrant ? It describes the four types of people according to how they earn money and pay taxes. The four quadrants are labeled E (Employee), S (Self-Employed), B (Business Owner), and I (Investor) . E and S are on the left quadrants. They are those who trade their time for money. B and I are on the right side of the quadrant. They earn passive i...

#209: We’re down to the last stretch of 2021. So what do you wish to accomplish before the start of the new year? If you’re ready to begin your journey to financial freedom, listening to the monthly passive income report is a great place to start. As you hear about the challenges and opportunities in each venture, you might discover which investment opportunities are right for you. There are also...

With the popularity of Airbnb and Vrbo, comes the opportunity for more people to become real estate investors. While the risks are high, the benefits of passive income are worth it. The most challenging part of the process is the initial setup. Afterward, you can outsource some aspects of the business, like dealing with guests, cleaning, and maintenance. You can also hire a property manager to do...

#208: How do you choose investment opportunities? What do you look for when entering into an investment deal? There are many things to consider when investing, one of which is making sure that you invest in something you understand and are passionate about.  Today's episode brings back Steve Libman, a managing partner of Integrity Holdings Group, host of the Free From Wall Street podcast , an...

If you're currently earning an active income but have dreams of a more comfortable and happier life, you may benefit from building a passive income. But how do you start? What are the things required to build passive income? Is it money? After all, it takes money to make money. How about time, education, experience, or opportunity? Get the answers in today's round table with the Financial Freedom...

#207: Pandemic, one of the words that defined 2020 and has changed our lives in different ways. It has led to surprising discoveries and realizations for many of us, just like what happened with today's guest, an Inner Circle member, Matthew Hammond. Because his paycheck was made up of mostly sales commissions, he had to think of a backup plan when the pandemic hit. Matthew learned about IBC when...

Do you remember having a piggy bank when you were a kid? You would get excited as the money accumulated until you could no longer stuff more cash inside. The amount of money you could store in it was limited to how big your piggy bank was. So you’d have to buy another piggy bank. That’s basically the way life insurance works. The type of policy you have will determine the way your cash value accum...

#206: Over the last few months Russ and Joey have shared their Monthly Passive Income reports, and we’ve seen that their short-term rental business contributes a large chunk to their income. Today they interview Clint Lovette, a professional remodeler who operates their STR business.  Compared to other sectors of the travel and hospitality industry, the short-term rental (STR) market has pros...

What happens when your income stops but your expenses don’t? If you are relying solely on your paycheck, that can be a scary scenario. When you get sick or injured and cannot work, you don't want to worry about how you'll pay your bills. Your Disability Insurance can help replace a portion of your paycheck, but will that be enough to sustain you and your family?  Being unable to work doesn't...

#205: What legacy are you leaving for the next generation? How would you like to be remembered? As parents, you definitely want to ensure that your children have a successful future and live a great life. David Karcher has the same goal, and he will share how he's building his legacy of wealth using the Infinite Banking System in today's episode. David is no stranger to the world of finance, havin...

“The people you spend your time with are your future.” That’s one of the takeaways from Robert Kiyosaki’s book. Today Russ and Joey have their teen daughters back on the show to conclude the review of Rich Dad Poor Dad for Teens . Part 3 is all about “ Creating Your Own Cash Flow,” which includes money-making opportunities for teens, managing assets using piggy banks, good and bad debts, and havin...

#204: It's that time again, Russ and Joey are going to share their passive income report and give us an update on what's been happening with their business ventures. The aim, of course, is to remind everyone that financial freedom is a destination that we can reach way before retirement. An adjustment in last month's report resulted in a higher net profit of $49,385.25 vs. the original $43,526.42....