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Round Table | Why Debt Freedom Doesn’t Equal Financial Freedom (The Missing Step to Passive Income)

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Manage episode 514837280 series 2499406
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Debt freedom is often seen as the ultimate goal, but is it really the key to financial freedom? In this episode, the financial coaches dive into why eliminating debt doesn’t automatically lead to true financial independence, and how the journey to wealth requires more than just paying off what you owe.

They discuss how the “debt-free” mindset can lead to a life of dependence on a paycheck, without building streams of income. They also explore the essential next step: creating passive income that works for you, even when you’re not actively working.

Are you ready to break free from the limitations of debt freedom and build a life of true financial freedom? Tune into this episode to learn the critical steps you need to take and how focusing on passive income can transform your future. Don’t wait. Start implementing the principles today to set yourself up for success tomorrow.

Top three things you will learn:

-Why debt freedom doesn’t equal financial freedom

-The dangers of focusing on debt while ignoring passive income

-Steps to building a passive income system

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/piosebook

👥 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

  continue reading

668 episodes

Artwork
iconShare
 
Manage episode 514837280 series 2499406
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Debt freedom is often seen as the ultimate goal, but is it really the key to financial freedom? In this episode, the financial coaches dive into why eliminating debt doesn’t automatically lead to true financial independence, and how the journey to wealth requires more than just paying off what you owe.

They discuss how the “debt-free” mindset can lead to a life of dependence on a paycheck, without building streams of income. They also explore the essential next step: creating passive income that works for you, even when you’re not actively working.

Are you ready to break free from the limitations of debt freedom and build a life of true financial freedom? Tune into this episode to learn the critical steps you need to take and how focusing on passive income can transform your future. Don’t wait. Start implementing the principles today to set yourself up for success tomorrow.

Top three things you will learn:

-Why debt freedom doesn’t equal financial freedom

-The dangers of focusing on debt while ignoring passive income

-Steps to building a passive income system

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/piosebook

👥 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

  continue reading

668 episodes

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