<description>&lt;p&gt;We all want to achieve financial freedom, but there's no single path to getting there. What is the right way to go?&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;In this episode, Russ and Joey have a heated debate about the best way to create passive income and achieve financial freedom. Though the duo has reached $50,000 per month in passive income, they completely disagree on how to do it. Russ advocates for investing in deals with long-term equity returns that may take years to pay off, while Joey emphasizes the importance of consistent monthly cash flow to cover expenses now.&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;They also break down their passive income report for October 2025, sharing details of their investments that contribute to their impressive monthly cash flow.&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Tune in to better understand the key differences between cash flow-focused investments and long-term growth strategies.&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Top three things you will learn:&amp;nbsp;&lt;/p&gt;&lt;p&gt;-How different investor mindsets shape wealth-building strategies&lt;/p&gt;&lt;p&gt;-Which investments actually produce predictable results&lt;/p&gt;&lt;p&gt;-The possibility of earning both a monthly cash flow and long-term equity&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;October 2025 Income At-A-Glance:&amp;nbsp;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;-Gross Income for October: $64,050.56&lt;/p&gt;&lt;p&gt;-Total Expenses for October: $13,535.31&lt;/p&gt;&lt;p&gt;-Total Net Profit for October: $50,515.25&lt;/p&gt;&lt;p&gt;-Difference b/t September &amp;amp; October: $6,431.25&lt;/p&gt;&lt;p&gt;-% of net profit to overall gross revenue: 79%&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;a href="https://wealthwithoutwallstreet.com/free-ibc-webinar" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/free-ibc-webinar&lt;/a&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;a href="https://www.wealthwithoutwallstreet.com/accelerate" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/accelerate&lt;/a&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;a href="https://go.wealthwithoutwallstreet.com/pi-lab" rel="noopener noreferrer" target="_blank"&gt;ChoosePassiveIncome.com&lt;/a&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;a href="https://www.wealthwithoutwallstreet.com/pios" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/pios&lt;/a&gt;&lt;/p&gt;&lt;p&gt;👥 Join 10,000+ Investors Inside Our Free Community&lt;/p&gt;&lt;p&gt;👉 &lt;a href="https://www.wealthwithoutwallstreet.com/community" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/community&lt;/a&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;a href="https://www.wealthwithoutwallstreet.com/tax" rel="noopener noreferrer" target="_blank"&gt;wealthwithoutwallstreet.com/tax&lt;/a&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 Freedom Through Passive Income&lt;/em&gt;&lt;/p&gt;&lt;p&gt;📘 &lt;a href="https://www.wealthwithoutwallstreet.com/newbook" rel="noopener noreferrer"...</description>

The Wealth Without Wall Street Podcast

By Russ Morgan & Joey Muré

We Make $50,000/Month in Passive Income… But Totally Disagree on How To Do It

DEC 4, 202544 MIN
The Wealth Without Wall Street Podcast

We Make $50,000/Month in Passive Income… But Totally Disagree on How To Do It

DEC 4, 202544 MIN

Description

We all want to achieve financial freedom, but there's no single path to getting there. What is the right way to go?


In this episode, Russ and Joey have a heated debate about the best way to create passive income and achieve financial freedom. Though the duo has reached $50,000 per month in passive income, they completely disagree on how to do it. Russ advocates for investing in deals with long-term equity returns that may take years to pay off, while Joey emphasizes the importance of consistent monthly cash flow to cover expenses now. 


They also break down their passive income report for October 2025, sharing details of their investments that contribute to their impressive monthly cash flow. 


Tune in to better understand the key differences between cash flow-focused investments and long-term growth strategies. 


Top three things you will learn: 

-How different investor mindsets shape wealth-building strategies

-Which investments actually produce predictable results

-The possibility of earning both a monthly cash flow and long-term equity


October 2025 Income At-A-Glance: 

-Gross Income for October: $64,050.56

-Total Expenses for October: $13,535.31

-Total Net Profit for October: $50,515.25

-Difference b/t September & October: $6,431.25

-% of net profit to overall gross revenue: 79%


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 Income


Join the Passive Income Lab

👉 ChoosePassiveIncome.com


More 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/community

Paying $250K+ in Taxes? Stop the Bleed.

😡 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


Stay Connected:

📸 Instagram: @wealthwithoutwallst



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