<description>&lt;p&gt;What does it take to create consistent passive income that supports your dream life? In this episode, Russ and Joey break down the four critical lessons they learned from earning $500,000 in passive income over the last year. They discuss the best and worst investment decisions they made in 2025, how they optimized their strategies to maximize cash flow, and common mistakes to avoid on the path to financial freedom.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;As you listen, you will gain insight into the importance of strategically planning passive income sources and how to leverage investment vehicles such as real estate and Infinite Banking to build wealth over time. Russ and Joey also share candid lessons from their journey, highlighting what they would do differently and what they would keep the same.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Top three things you will learn: &lt;/p&gt;&lt;p&gt;-How to avoid lazy dollars and optimize cash flow &lt;/p&gt;&lt;p&gt;-Real estate and Infinite Banking as tools for building wealth&lt;/p&gt;&lt;p&gt;-The importance of building systems and consistent execution in achieving financial goals&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;December 2025 Income At-A-Glance: &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;-Gross Income for December: $51,816.61&lt;/p&gt;&lt;p&gt;-Total Expenses for December: $16,584.06&lt;/p&gt;&lt;p&gt;-Total Net Profit for December: $35,232.55&lt;/p&gt;&lt;p&gt;-Difference b/t November &amp;amp; December: ($5,796.35)&lt;/p&gt;&lt;p&gt;-% of net profit to overall gross revenue: 68%&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;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.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;The hosts may have a financial interest in the programs or services mentioned in this episode.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;💸 &lt;strong&gt;Build a Passive Income Machine in 3 Steps:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Here’s how to flip the script and start building wealth &lt;em&gt;the way the wealthy do&lt;/em&gt; 👇&lt;/p&gt;&lt;p&gt;👀 &lt;strong&gt;Step 1&lt;/strong&gt; – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://wealthwithoutwallstreet.com/free-ibc-webinar" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/free-ibc-webinar&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;📞 &lt;strong&gt;Step 2&lt;/strong&gt; – Book a Free Call with Our Team (We Do This All Day, Every Day)&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://www.wealthwithoutwallstreet.com/accelerate" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/accelerate&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;📈 &lt;strong&gt;Step 3&lt;/strong&gt; – Start Building Passive Income&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Join the Passive Income Lab&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://go.wealthwithoutwallstreet.com/pi-lab" rel="noopener noreferrer" target="_blank"&gt;ChoosePassiveIncome.com&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;More Ways to Learn &amp;amp; Grow Wealth (For Free)&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;💾 Download the &lt;em&gt;Passive Income Operating System&lt;/em&gt;&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://www.wealthwithoutwallstreet.com/pios" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/pios&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;👥 Join 10,000+ Investors Inside Our Free Community&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://www.wealthwithoutwallstreet.com/community" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/community&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;Paying $250K+ in Taxes? Stop the Bleed.&lt;/p&gt;&lt;p&gt;😡 Apply for Our Next Tax Strategy Intensive&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://www.wealthwithoutwallstreet.com/tax" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/tax&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;The Slow Flip Strategy&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;👉 &lt;u&gt;&lt;a href="https://wealthwithoutwallstreet.com/slowflip" rel="noopener noreferrer" target="_blank"&gt;https://wealthwithoutwallstreet.com/slowflip&lt;/a&gt;&lt;/u&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Grab Our Book:&lt;/strong&gt; &lt;em&gt;Wealth Without Wall Street: 3 Steps to...</description>

The Wealth Without Wall Street Podcast

By Russ Morgan & Joey Muré

4 Passive Income Lessons We Learned Making $500,000 Last Year

FEB 5, 202633 MIN
The Wealth Without Wall Street Podcast

4 Passive Income Lessons We Learned Making $500,000 Last Year

FEB 5, 202633 MIN

Description

What does it take to create consistent passive income that supports your dream life? In this episode, Russ and Joey break down the four critical lessons they learned from earning $500,000 in passive income over the last year. They discuss the best and worst investment decisions they made in 2025, how they optimized their strategies to maximize cash flow, and common mistakes to avoid on the path to financial freedom.As you listen, you will gain insight into the importance of strategically planning passive income sources and how to leverage investment vehicles such as real estate and Infinite Banking to build wealth over time. Russ and Joey also share candid lessons from their journey, highlighting what they would do differently and what they would keep the same.Top three things you will learn: -How to avoid lazy dollars and optimize cash flow -Real estate and Infinite Banking as tools for building wealth-The importance of building systems and consistent execution in achieving financial goalsDecember 2025 Income At-A-Glance: -Gross Income for December: $51,816.61-Total Expenses for December: $16,584.06-Total Net Profit for December: $35,232.55-Difference b/t November & December: ($5,796.35)-% of net profit to overall gross revenue: 68%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/pios👥 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/taxThe Slow Flip Strategy👉 https://wealthwithoutwallstreet.com/slowflipGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—