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Our Passive Income Report - October 2020
26th November 2020 • The Wealth Without Wall Street Podcast • By Russ Morgan & Joey Muré
00:00:00 00:33:02

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#164: There’s an emotional component to money. Volatility is not just about returns but what it does to you personally. There’s always this question of “Is your money ever enough?” One of our favorite topics is sharing our monthly passive income report and what we’ve been doing. As we always talk about in Wealth Without Wall Street, none of it is about timing. It’s all about cash flow. 

Here are some lessons we’ve learned from engaging in different business ventures: 

  1. It’s a good thing to leverage someone else’s expertise to tap into a system. Just like how we’ve tapped Mark Podolsky’s team to run Everland which is one aspect of our land business. 
  2. It’s a learning process. There will be challenges. It’s not all roses.
  3. You have to learn the skill of marketing. You need to have an extroverted personality with a sales profile, resilience, and willingness to push through some challenges. 

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.


Financial freedom is not linear. It’s always moving and changing, and you’ve got to be willing to pivot. You can’t just stay in one place. You have to make constant adjustments, step out of your comfort zone, and continue to grow.


We hope you learned something today. That’s what our brand is all about - empowering you to take control, so that you can pick your own path to financial freedom. 

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October 2020 Passive Income Summary: 

Gross Income:  $32,800

Total Expenses:  $ 27,000 

Net Profit:  $ 5,344 (a little over 10% increase from the previous months)

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💸 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

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📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)

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📈 Step 3 – Start Building Passive Income


Join the Passive Income Lab

👉 ChoosePassiveIncome.com


More Ways to Learn & Grow Wealth (For Free)

💾 Download the Passive Income Operating System

👉 wealthwithoutwallstreet.com/piosebook

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😡 Apply for Our Next Tax Strategy Intensive

👉 wealthwithoutwallstreet.com/tax


Grab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income

📘 wealthwithoutwallstreet.com/newbook


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