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The Active Income vs Passive Income Dilemma

The Active Income vs Passive Income Dilemma

FromThe Wealth Without Wall Street Podcast


The Active Income vs Passive Income Dilemma

FromThe Wealth Without Wall Street Podcast

ratings:
Length:
38 minutes
Released:
Nov 30, 2023
Format:
Podcast episode

Description

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: How to deal with the interest rate dilemmaHow to use your experience to get involved in profitable investment opportunities Active Income vs. Passive IncomeOctober 2023 Income At-A-Glance: Gross Income for October: $64,910.23Total Expenses for October: $25,926.47Total Net Profit for October: $38,983.76Difference b/t September & October: $2,692.37% of net profit to overall gross revenue: 60%Inner Circle LIVE 2024: January 5-7, 2024https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallExplore the World's Largest Car Sharing Marketplace:https://turo.com/Learn How to Invest in Real Estate with The Land Geek:https://www.thelandgeek.com/Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizSubscribe to Our YouTube Channel:https://www.youtube.com/@WealthWithoutWallStreetCheck Out Our Monthly Passive Income Reports: https://www.wealthwithoutwallstreet.com/passive-incomeDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—
Released:
Nov 30, 2023
Format:
Podcast episode

Titles in the series (100)

Your go-to podcast for uncovering the dirty secrets behind Wall Street and how to take back control of your wealth. The Wall Street mindset separates both families & business owners from their money while the elite and unknown get to use it for their advantage. The secret to achieving this is having your money work for you, not someone else, when wealth building. You can get there through earning passive income. When you have more passive income than you do expenses, you have achieved financial freedom. On this podcast, we work tirelessly toward your financial freedom. We cover topics like the Infinite Banking Concept, multifamily real estate, private lending and a multitude of other cutting edge ideas. We host industry specific reputable guests and share personal stories to educate you on how to finally achieve financial freedom. For more education on how, check out wealthwithoutwallstreet.com