Our May 2023 Passive Income Report - a podcast by By Russ Morgan CFP® & Joey Muré

from 2023-06-29T00:00

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People define financial freedom in different ways. To some, it could mean they've fully paid all their debts. To others, it could be when they achieve a certain income or no longer worry about where to get the money for their day-to-day expenses.

Regardless of your situation, we all wish for that day when we have built enough passive income streams that are more than enough to cover our expenses with some money left to invest. But there's no single path to financial freedom – there are many ways to reach your financial goals, and you just have to find the right direction for you.

In today's episode, Russ and Joey discuss their Passive Income Report for May 2023 and some lessons they learned along the way. Tune in and discover an idea that could work for you.

May 2023 Income At-A-Glance:

Gross Income for May: $80,337.54

Total Expenses for May:$28,841.89

Total Net Profit for May: $56,364.40

Difference b/t April & May: ($3,113.06)

% of net profit to overall gross revenue: 70%

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