Our October 2022 Passive Income Report

There are turbulent times ahead within our economy, and it's only wise to talk about some practical things people can do to create safety. People fear things they do not understand. So one thing we can do to be confident during these uncertain times is to educate ourselves and learn to take control of our financial functions. Understanding how money works is a crucial factor for our financial success.

In this episode, Russ and Joey discuss their October passive income report and ponder the strategy they should be doing as they approach 2023.

A word of advice: Don't start the New Year with a goal. Start the New Year with a PLAN to accomplish your goal.

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October 2022 Income At-A-Glance:
Gross Income for October: $106,532.45
Total Expenses for October:$64,793.45
Total Net Profit for October: $41,739.00
Difference b/t September & October: ($23,516.09)
% of net profit to overall gross revenue: 39%

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YT Questions:
08:24 - Why do you think I'm not paying cash for a car?
11:05 - What do you think this shift is affecting most?
14:43 - How is what we're talking about right now–inflation, interest rates, people slowing down major purchases–affecting the land business?
21:27 - How does it impact us, and how does it affect you if you're doing the land business?
26:09 - When people come to Birmingham, it's almost like a necessity. Would you agree or disagree with that?
29:15 - When is mining more beneficial than just buying the coin?

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