The Soup of Wall Street
Welcome to The Soup of Wall Street podcast where we'll dive deep into headlines, personal finance, and anything else that might make a dent in your wallet.
Expect a mix of informative insights and some good old-fashioned banter along the way. We're here to make finance talk as lively and engaging as possible. After all, who said money matters had to be a snooze-fest?
Stay tuned for our bi-weekly episodes, and if you enjoy what you hear, drop us a line. Just keep the ego inflation in check, okay?
The Soup of Wall Street
27. There’s No Such Thing As Passive Income
Most of the ads on social media for ‘building passive income’ are actually very much NOT passive at all. In fact, in the rare occasion where your income is truly passive, you probably had to work for it leading up to it.
If you think renting is just throwing money away, think again. While homeowners deal with surprise expenses, market crashes, and “passive” income that’s anything but passive, renters enjoy flexibility and zero repair bills. So who’s really winning there?
I also dive into the "usefulness" of tech and the privilege of eating out, plus how social media warps our spending habits. Maybe all you really need is a countryside farm and some WiFi.
Got questions or think I missed a spot? Drop us an email at soup@soupofwallstreet.com and get in on the conversation!