The Prosperity Podcast

Dive into the Prosperity Podcast as Kim Butler explores the truth behind the dollar's value, sharing insights on managing financial fears and avoiding economic misinformation. Listener-driven and packed with practical advice, this episode will empower you to think critically and make informed financial decisions. Perfect for growth-minded individuals! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Emphasis on thinking for oneself. FBI and police study of real dollars. Example of Japan's currency issue. Argentina's extreme inflation. Addressing financial fears. Decision making from fear. Impact of comparison in financial decisions. Control what you can in finances. Central Bank Digital Currency (CBDC) concerns. Simplifying and streamlining financial life. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

In this eye-opening episode of the Prosperity Podcast, Kim Butler unpacks the "illusion of liquidity", revealing what liquidity truly means, why it's crucial in volatile markets, and how to structure your finances for genuine liquidity using whole life insurance. Perfect for anyone keen on understanding the real value of liquid assets and steering clear of common financial pitfalls! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Importance of quick access to cash Definition of liquidity Unpacking the meaning of being liquid Permission barriers to liquidity Example of home equity lines of credit as illiquid Fire-selling assets and liquidity consequences The illusion of control over liquidity Liquidity in cryptocurrency Tax burden implications of liquidity Emergency funds and tax efficiency over a lifetime Cash value of whole life insurance as a solution Control and tax benefits with life insurance cash value Borrowing against life insurance for liquidity Liquidity versus return on investment Total rate of return on stocks and bonds Factors reducing actual returns: Fees, taxes, and opportunity costs Effects of interest rate adjustments on bond value Encouragement to evaluate liquid assets for tax efficiency Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

In this episode of the Prosperity Podcast, Kim and Spencer dive into the world of personal finance, sharing compelling success stories. From the couple simplifying their 11 savings accounts to an accredited investor's journey of balancing high-risk investments, there's invaluable advice for everyone. Learn how to streamline your savings, gain cash flow control, and build lasting wealth without the stress. Perfect for listeners of all ages aiming to enhance their financial strategies. Tune in for practical tips and inspiring stories!. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Bill and Pam Case Study: Overcomplicated Savings Simplification of Savings Strategy Shift to Life Insurance for Consistent Growth Motivation Through Small Savings Milestones Savings Discipline as Key to Overcoming Consumer Fear Impact of Simplified Cash Flow Management Ron's Admission: Losses in Alternative Investments Parallel Insurance Policies with High-Risk Investments Slow and Steady Financial Strategy Benefits Importance of Cash-Flowing Investments vs. Growth-Oriented Investments Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

In this Prosperity Podcast episode, discover how renters can navigate financial hurdles and strive for homeownership amidst economic challenges. Unusual Whales' research dives into politicians' investment patterns as a path to savvy wealth building. Kim Butler's expertise shines through as she unpacks emotional and financial intelligence needed for home buying—and offers effective savings strategies to turn home ownership dreams into reality. Tune in for actionable insights! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://twitter.com/unusual_whales/status/1787490501756895487?s=46&t=Wx4UH3H0WqT4Xg1RSCK9hA Show Notes Concerns About Home Ownership Accessibility. Discussing the Importance of Homeownership in Wealth Building. Efficiency and Plugging the "Rent Hole" in Your Finances. Emotional Intelligence and Homeownership Decisions. Simplifying Savings to Achieve Home Ownership. Structured Approach to Saving and Overcoming Spending Habits. Shifting Mindset from "I Can't" to "How Can I". Systems for Saving and the Importance of Hope in Financial Goals. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Unlock the secrets to becoming an accredited investor with our latest Prosperity Podcast episode! Expert Kim shares actionable steps and knowledge on achieving this financial milestone—no products, just pure insight. Learn key definitions, why liquidity matters, and strategies for smart saving. Tune in to level up your investing game! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Defining accredited investor status. The importance of liquidity for accredited investors. Series 65 as an alternate route to accredited investor status. Strategies to build liquidity for investment opportunities. Considerations for 401(k) contributions and liquidity. The strategy of 'paying yourself first.' Utilizing non-retirement account investments for liquidity. Creating wealth through business and real estate involvement. The importance of transactions in wealth creation. Steps to take when approaching accredited investor status. The benefits of learning about accredited investments. Focusing on specific investment areas as an accredited investor. Kim's advice: Go slow and start small to minimize principal loss. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Dive into resilience with Kim on the Prosperity Podcast! Amidst global uncertainties, we discuss CS Lewis' wisdom on thriving—not just surviving—in challenging times. From mindset shifts to practical financial safety nets, this episode is packed with strategies for a calm, proactive approach to life's chaos. Tune in for a life-affirming session! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Embracing Prosperity Thinking Amid World Chaos. Managing Fear with a Positive Mindset in Uncertain Times. CS Lewis on Living in an Atomic Age - Choosing Life Over Fear. Navigating Business Shifts and Personal Growth. Enforcing Daily Gratitude Practice for Clarity and Opportunity. Parenting as an Act of Service and Purpose. The Importance of Serving and Continuous Self-Improvement. Balancing Work with Rest and Continuous Personal Development. Encouraging Love for Work and Lifelong Labor. Redefining Retirement as Pursuit of Freedom and Independence. Must-Have Safety Nets: Disability Insurance, Life Insurance, Trusts. Building an Emergency Opportunity Fund for Liquidity and Peace of Mind. The Significance of Community and Relationships in Challenging Times. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Embrace financial wisdom with Kim Butler, a Robert Kiyosaki-recommended guru! With a passion for truth in finance, Kim busts budgeting myths in her new book, "Busting the Budgeting Lies." Discover how to align money with life, not math, and transform your cash flow confidence. Tune in to stop the guilt treadmill and start saving smarter. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Kim Butler's introduction and endorsement by financial figures. The concept of "Busting the Budgeting Lies" and its relevance to personal finance. Challenging the effectiveness of budgets in real life. The myth that saving first doesn't work in today's world debunked. Personal story on saving first through life insurance premiums. Introduction to the "Currence" app for cash flow management. How "Currence" helps to measure financial progress backwards. The potential impact of properly managed cash flow over a lifetime. Utilizing technology to control and enhance personal finance. Final advice for business owners to balance personal finances with business success. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Unveil the millionaires' playbook! In this episode of the Prosperity Podcast, expert Kim delves into 9+ strategies on how wealthy families build and shield their wealth—and their kids' future. From tax-savvy trusts to the controversial 529 plans, discover actionable methods to enhance financial literacy and capability in your household. Bonus: Kim reveals a "silver bullet" often missed by many! Perfect for parents & future planners. Tune in now! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://twitter.com/FluentInFinance/status/1782561174472507667 Show Notes Tax strategy: Follow or not follow the tax code? Trusts for wealth protection and tax benefits. The pitfalls of irrevocable trusts. Custodial Roth IRAs and their limitations. Taxable brokerage accounts and gift tax exemptions. Why to avoid 529 plans. Hiring kids legally for tax benefits and life skills. The need for a business for tax advantages. Financial literacy vs. financial capability for kids. The truth about compound interest and taxes. Addressing misconceptions about investing in the S&P 500 for children's wealth. The crucial role of whole life insurance in wealth growth and protection. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode focuses on the concept of carefully investing in one's financial foundation by creating an emergency and opportunity fund, ideally stored in the life insurance industry for life-long accessibility. This fund should be liquid, tax-free, earning a competitive rate, and able to fund any opportunities that come one's choices, and its size should vary based on the kind of deals one seeks. It ensures one doesn't run into financial difficulties like the person mentioned who had sold a business and then invested unfittingly. The hosts, Spencer Shaw and Kim Butler, discuss the importance of cash flow and serving others alongside building wealth, considering wealth building as a marathon rather than a sprint. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The importance of an emergency and opportunity fund Why you should have a foundation fund which is not taxed and readily available to take advantage of opportunities The ideal size of your opportunity fund Importance of having a larger opportunity fund than the size of the deals you are seeking The race towards financial stability The concept of serving as a human or spiritual standpoint in one's life Why you should go slow in investments and making wise decisions The problem of focusing only on sprinters or starters in financial information "Perpetual Wealth" and the seven phases of prosperity Importance of having checkpoints in one's financial journey Use of every decade as a checkpoint The need to stretch our perspective of time and have a firm foundation The value of cash flow Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss drawing on experts' knowledge instead of trying to become an expert in all areas. They highlight the importance of self-guided learning and financial education, and the current trends in both. The hosts mention the 'who, not how' philosophy that involves leaning on expert advice rather than trying to become an expert in all areas. Kim shares her experience with financial education, emphasizing the need to simplify complex financial topics for consumers. They discuss the societal obsession with retirement at age 65, which they view as harmful. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://prosperitythinkers.com/vote/ Show Notes The importance of financial education and shares her experiences writing the book 'Busting the College Planning Lies' Experiences from Kim's own financial education and how it fuels her drive to simplify financial education for everyone, regardless of age or financial awareness Distinction between products that people buy and strategies that people do to control their money Age and the societal misconception surrounding retirement at 65, urging people in their 50s and 60s to envision working for another 30 or more years Individual stories of reinventing oneself and continuous learning shared Planned client event for learning, along with the concept of a potential community for mindset of prosperity relating to personal finance Creating a voting system in the next episode for listeners to decide on the type of community they seek Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the important difference between 'Family Bank' and 'Family Banking.' The hosts emphasize that understanding the distinction between these two concepts is crucial to managing personal and familial finances effectively. While Family Bank remains a widely misunderstood and elusive concept due to certain legal and ownership restrictions, Family Banking refers to the strategic process of managing monetary inflow and outflow, which every family can do. Essentially, Family Banking is about understanding the principles of prosperity and the philosophy of cash flow, as well as applying these principles both personally and as a family. The hosts also discussed the importance of pursuing financial literacy for safer and better banking and financial decisions. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The importance of language in understanding financial concepts The clarity that comes with understanding family banking, as opposed to the confusion that arises from the term "family bank" Why anyone can practice family banking The importance of focusing on cash flow as a starting point before progressing to other financial considerations Value of repaying loans with interest and how the concept has been lost in present society Opportunity cost in the context of personal finance Individuals avoiding debt due to lack of financial literacy or fear Why personal finances should not be handled with a mindset looking for shortcuts Significance of financial education and having someone trustworthy to help guide you through your financial decisions The importance of having a clear set of financial principles to live by How to adopt or create a set of financial principles based on the seven principles of prosperity Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the concept of Charitable Remainder Trusts, an estate and wealth planning tool that not many people are familiar with. The hosts explain that these trusts allow individuals to donate assets, particularly highly appreciated ones, to a charity while avoiding substantial capital gains taxes that would be incurred as a result of selling these assets. The individual also receives a consistent income stream from the donated asset throughout their lifetime. Notably, these trusts are particularly beneficial to older individuals. One commonly overlooked step in the process, though, is the acquisition of life insurance to ensure that their family is not left without an inheritance when the individual passes away and the remaining value of the asset goes to the charity. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Who can benefit from a charitable remainder trust Dispelling the myth that it is only for those with millions in assets Family dynamics and the need for life insurance when setting up charitable remainder trusts How life insurance and charitable remainder trusts work together What happens when you donate an asset to a charity The potential challenges that come up when a charity inherits the asset What happens when things could go sideways Real-life scenario of someone who used a charitable remainder trust to their advantage Reaching out to your preferred charity to find out their experience with charitable remainder trust Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer, in this The Prosperity Podcast episode, featured a discussion about whole life insurance as a financial asset and tool for emergencies and opportunities. It started with a historical look at the inception of whole life insurance by "bands of brothers" and church brethren centuries ago, aiming to address the financial losses of term insurance. As opposed to term insurance, whole life insurance was created to build an asset called cash value, which policyholders could borrow against. This role of life insurance in financial planning has expanded over time, with books like Nelson Nash's "Becoming Your Own Banker" and Kim's "Live Your Life Insurance" reiterating its use as a strategy to tackle life events. Kim debunked the misleading term "bank" often used to describe mutual life insurance companies and pointed out that life insurance allows control, liquidity, usability, and equity (CLUE). She also highlighted the need for financial control in current times where bank accounts could be frozen, suggesting using life insurance as a reliable and secure financial tool. The hosts concluded the episode with a note to delve deeper into the intricacies of becoming one's own banker in future episodes. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The history of life insurance and how it developed for policyholders to borrow against their cash value Life insurance as a vehicle for becoming truly based on something that is freedom-focused The importance of control in life insurance and the present context when businesses are being shut down and their accounts frozen Importance of having control over money in the present time where accounts can be frozen leading to a lack of freedom How to utilize the life insurance industry for storing extra liquidity Additional recommendations to oneself financially to handle any sudden societal issues Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the tax advantages and personal protections of life insurance. They discussed points that include the basis of taxation on life insurance, how it is similar to taxation of vehicle and home insurance, and a detailed comparison of life insurance with Roth IRA and 401(k) from a taxation perspective. They briefly talk about borrowing against life insurance cash value and also touch upon the nuances of premium structure and death benefits of a policy. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Why life insurance has been a crucial financial product for hundreds of years The premium structure of whole life insurance and its tax-free growth Benefit and importance of this rider How life insurance loans are taxed How the accelerated benefits rider operates and its benefits The benefits and functionalities of waiver premium and disability insurance together Circumstances under which life insurance loan interest can be tax deductible Suggestions on borrowing against cash value from the bank to avoid potential tax issues with life insurance lenders Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer engage in a deep-dive discussion about life insurance policies. They emphasize the importance of having the right mindset and principles when dealing with life insurance policies. They elaborate on the concept of overfunding and underfunding these policies. Kim and Spencer mention how the premium of a policy can build cash value and the ways that a "Paid Up Addition" could increase the death benefit and build cash value. They caution against overfunding your policy beyond the IRS's Modified Endowment Contract (MEC) limit, which could lead to tax implications. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The future possibility of creating a video of the book First step in life insurance - funding "Paid up addition" in life insurance The flexibility of funding in whole life insurance What MEC limit is The seven-year MEC limit analysis The right timing to utilize life insurance Using life insurance in your financial situation The timing of insuring people from multi-generation families Who is the key person in life insurance The concept and benefits of key person life insurance Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim discuss the concept of luck and its relation to hard work. They argue that luck can be misleading since it insinuates that success doesn't need work or can be taken away at any moment. Instead, they emphasize that working is a way of serving and creating value, making it the foundation for success. They also underline that when one is prepared and actively participating, opportunities arise that may be perceived as luck but in reality, are the product of effort and preparation. The hosts also express skepticism towards beliefs that advocate for good fortune through actions like playing the lottery or burning fake money, highlighting the importance of work, savings, and ownership as the means to control and independence. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Kim's perspective on luck and why it's not one of her favorite words Alternative perspective of work as a positive thing The idea of uncontrollable good or bad luck How to create abundance without relying on luck Individual responsibility and control in attaining prosperity Optimizing for independence instead of freedom Dangers of government-sponsored plans removing control from individuals The importance of controlling our reaction to uncertain situations The LUC (Liquidity, Use, Control) concept and how it's misconstrued as "luck" Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode centered around the concept of cutting expenses, discussing how efforts to decrease spending often lead to limited financial success. Referencing the book, No Worries by Jared Dillian, a finance writer and former Wall Street employee, this episode highlighted the drawbacks of focusing solely on expense reduction. Rather than achieving true prosperity, continual cost-cutting may lead to financial stagnation. Spencer and Kim also emphasized the importance of rising above cutting costs and shifting focus onto cultivating abundance and increasing income. They discouraged clinging onto the concept of emergencies and being fixated on escaping debt. This negative focus might invite more of the unwelcome circumstances, aligning with the principle of attracting what one mostly thinks about. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ No Worries by Jared Dillian: https://www.amazon.com/No-Worries-live-stress-free-financial/dp/1804090409 Show Notes Why cutting expenses is not always beneficial More insight about Jared Dillian's perspective on cutting expenses Personal experiences in managing day to day expenses Perspective on dealing with debts Why you should increase income rather than merely focusing on cutting costs Suggestion to expand financial thinking Looking at increased upsides rather than cutting costs Importance of thinking positively for prosperity. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Prosperity Pets consists of a series of stories that provide lessons concerning prosperity. Kim shares the unique idea behind a stuffed pet that is an exact replica of her dog, Emma, leading the hosts to connect it with the idea of Prosperity Pets. The primary aim of these stories is to teach children and adults alike the importance of being prosperity thinkers, akin to pets that pull out positivity and live in the moment. The intention is to combine the fun and engaging nature of pets with the substantial principles of prosperity. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Prosperity Pets book link for Amazon: https://www.amazon.com/THINK-Adventures-at-Prosperity-Patch-ebook/dp/B0CVLJZ251 Show Notes How animals represent Prosperity Thinkers and how it is incorporated in story format The integration of the series in home learning environments How prosperity can begin at a young age The importance of learning about money Example of how mindset can lead to prosperity How prosperity can start from a checking account and a saving first mentality How changing your mindset is the starting line of prosperity Using the Currence app for building better cash flow habits The perception of wealth and the concept of budgeting Example of inherited wealth and the challenges associated with it How wealth can impact with generations The importance of instilling habits for perpetual wealth The practical implementation of Prosperity Pets in real life to learn about prosperity thinking Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim Butler chats with Garrett Gunderson, they talk about his ongoing book projects including revised versions of "Killing Sacred Cows'' and "What Would the Rockefellers do," and his children's book "I am Money". They delve into the importance of adaptive learning and self-care, illustrating how treating oneself as the greatest asset can lead to better productivity and generosity. In another segment, Butler shares her views on the perception of work, resilience, failure, and retirement. She argues that work should be enjoyable, and recovery from failure is crucial for growth. Significantly, she introduces her book "Prosperity Pets," a unique approach to teach kids about money using interactive methods. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://garrettgunderson.com/ https://www.linkedin.com/in/garrett-gunderson-651359b3 Show Notes Garrett's writing projects, focusing on updating his previous books The notable changes since his books were published, like the rise of cryptocurrencies His experience of writing a children's book and a chance meeting with a successful children's book author on a flight The importance of investing in oneself and teaching this concept to the younger generation through children's books The impact of children's education on their understanding of financial management The metaphorical representation of pets in their children's book, "The Prosperity Pets" The underlying message of Kim's children's book, Prosperity Pets, which is about prosperity, thinking and serving others The potential of learning from children's books as adults, especially in fostering an open-minded mindset The hope that the children's book could reach an audience that may not be reading their other books, thus spreading the concept of prosperity thinking Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode talks about the concept of "thinking big enough" inspired by some song lyrics, highlighting the importance of songs as they carry messages that stick. Kim, introduces the term "visioneering", which substitutes setting specific goals with envisioning a future that inspires and propels us forward, as she believes goals can be inherently limiting. She explains that visioneering differs from goal setting as it encourages long-term and expansive thinking that is constantly changing, instead of being strictly focused on achieving specific, short-term, and measurable results. She makes the point that we should keep dreaming and visioneering, and always refer back to what we genuinely want, rather than focusing on societal expectations. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ An Almighty Thud by We Were Promised Jetpacks https://open.spotify.com/track/7g8H1198jHO0STkaLlf7zX?si=3180efc283584a6e Show Notes Reading out and analyzing song lyrics, with a focus on one particular word, 'advocated,' that prompted interesting insights. Comparison of goals to the horizon, which is an ephemeral target that's always moving and inspirational yet disruptive if not handled properly. Discussion on the potential need to move beyond goal setting to visioneering. Kim advocates for starting from where you currently are and being clear about your dreams and desires for the future. The concept of fluid visioneering, where visions adjust and transform over time as circumstances change. Explaining the importance of leading your own thoughts and inspiring others through personal beliefs and values, with help from a higher power or support system when needed. How to dream bigger for the prosperity community in the coming year by focusing on families and legacy building. Kim explains her process of visioneering by creating a physical environment conducive to expansive thinking. The emphasis on creating a lasting non-monetary legacy for future generations by leaving important lessons and values in them. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode delves into the topic of offshore banking alternatives. The hosts, contemplating the changing economy and threats of central bank digital currencies, discuss the importance of retaining control over personal wealth. They share fascinating insights into medical tourism and reflect on the attractiveness of the US dollar in countries like Brazil and Mexico. They underline the importance of having control over personal wealth. For those just starting their careers to those with a net worth of fewer than 10 million dollars, they highly recommend considering such domestic institutions over offshore banking alternatives. Ultimately, research, understanding, and control are key factors when it comes to managing finances effectively. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The trend of medical tourism and its financial benefits The complexities and risks associated with offshore banking and the need for professional guidance Importance of researching and understanding the administration and legal necessities in offshore banking The resemblance between mutual life insurance companies and credit unions The difference in operations between stock life insurance companies and mutual life insurance companies Where to best store and use dollars Suitability of offshore banking for individuals at various levels of wealth Whole life insurance policy as a beneficial alternative for storing cash and for long-term financial management Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode discusses the 'anti-debt snowball', challenging mainstream financial advice from figures like Dave Ramsey and Suze Orman. The hosts criticize these advisors for focusing solely on eliminating debt without preparing listeners for steps afterward. They argue that efficiently managed debts, such as student loans and mortgages, can be integral to personal financial strategy and shouldn't necessarily be the priority to eliminate. Instead, the hosts emphasize the need for the cash flow focus, particularly for higher-income individuals, and for establishing an emergency opportunity fund. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Advice and alternatives for upper-income individuals dealing with student loan, car loan, and mortgage debts Future mortgage types and why mortgage debt should be kept as long as possible Criticism of incorrect information spread by financial personalities Introduction to the benefits of utilizing cash value of whole life insurance as an effective and controlled wealth building strategy Entertainment and influence of financial personalities Dave Ramsey and Suze Orman Assessment of Dave Ramsey and Suze Orman's financial advice Why you should start thinking long-term and have a guide for effective wealth planning and management Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the importance of regulating one's own reactions to global events, particularly how these events impact personal finance. They emphasize the idea of having a 'news diet' or 'news fast' to maintain a sense of perspective and control, arguing that individuals should not allow uncontrollable world events to impact their controllable personal finances. They also delve into how individual mindset plays a key role in personal finance and the danger of fear. They propose choosing where to direct attention and focusing on positive, prosperous events instead. They also recognize the interconnectedness of external events and personal lives but encourage listeners to think before sharing potentially distressing news, thereby protecting the emotional wellbeing of themselves and others. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The harm that allowing global events outside our control can cause to personal finances, mindsets, and relationships Effects of smaller scale events, such as city or family incidents, on one's financial life How to manage the consumption of information from world events The importance of being conscious about the information that is interjected into current events Relevance of setting up filters when consuming information and deciding what is worth sharing with others How focusing on catastrophes can hinder prosperous thinking but also present opportunities for problem-solving Kim's experience in a strategic coach event and how she applied the prosperity lens on the information she got The importance of listening to find potential in every story and praises the positive elements in every situation Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

The hosts share their thoughts on financial education and empowerment, critiquing the recent push in high schools for required financial literacy classes, which they feel are of varying quality and focus too heavily on stock trading. They discuss the need for better analysis and interpretation skills in the face of Artificial Intelligence and sound bites that can provide misleading information. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The importance of foundational financial education compared to YouTube sound bites or a reliance on AI for information A politician who proposed concerns about reliance on AI and its implications for financial education The use of the seven principles of prosperity as a guideline for filtering information and making decisions How to navigate persuasive but wrong information Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode of the Prosperity Podcast discusses the importance of aligning money and life goals. The hosts stress the common misconception that personal finance is separate from life's 'woo woo stuff', arguing instead that they are interconnected. They mention the Currence app, which is an invitation-only savings structure that encourages sustainable spending patterns and purposeful saving. However, the app is not for budgeting, which the hosts believe is an ineffective method of managing finances. They stress the importance of 'purposeful spending' and highlight a case example of a family who prioritized saving to the detriment of their lifestyle and personal joy. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes What the Currence app is and how it aids in purpose-driven spending Story about a family that was overzealous with their savings habits, compromising their joy and comfort The importance of individual and family decisions about what brings them joy to spend money on Different examples of purposeful spending are provided, from lavish holidays to upgrading home furniture The importance of preemptive financial decisions Utilization of deliberate saving to allow for unrestrained spending on meaningful things The feasibility of creating extra income streams today with less time commitment How to improve and expand existing businesses Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

In this episode of the Prosperity Podcast, the hosts discuss the practice of year-end reflection and goal setting. Rather than strictly adhering to the January 1st New Year timeline, they advocate for personalized reflective dates, such as birthdays or anniversaries. The hosts stress the importance of turning the process of goal-setting into a collective family activity and the significance of handwriting responses due to its brain engagement. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://twitter.com/ClintFiore/status/1733938550461108603 Show Notes Discussion about Clint's unique approach of discussing yearly review and goals with his family. Kim concurs with Clint's method, drawing parallel with her own guidance in the Perpetual Wealth book. Discussion about the question about self-pride from Clint's list. Transition to discussing the importance of reminiscing favorite memories. Discussion about the need to replace negative habits with positive ones. Transition to the application of the principle of replacing negative habits in financial terms. Discussion about differentiating between past accomplishments and future focus. Kim shares personal goals for the upcoming year, focusing on increasing spiritual study time. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode of the Prosperity Podcast discusses overcoming financial anxiety. The hosts, Spencer Shaw and Kim Butler, stress the importance of ensuring cash flow structure in one's life to manage and control cash flow. The conversation revolves around averting financial anxiety through a conscious understanding of one's financial status and the need for investments and assets to work harmoniously together. Spencer and Kim differentiate the approach to financial anxiety across various lifespans. For those above 60, the focus is on curbing uncertainties related to inflation of expenses or governmental inflation. Meanwhile, the 30-60 age group needs to first plug the holes leaking money before seeking investments. Finally, for those below 30, building a solid foundation of liquidity is crucial. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The necessity of structured cash flow in minimizing financial anxiety The varied reasons behind financial anxiety Dealing with uncertainty in financial matters What the financial strategies for different age groups are A specific case study highlighting the need for liquidity in young professionals Importance of emergency savings as the foundation for financial investments The importance of positive financial thoughts Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode delves into insurance policy setups, trust setups, and beneficiaries. The hosts argue that it's often made to seem complicated to confuse listeners and push them to go for certain services. Their mission is to demystify the process and teach it from a 'prosperity perspective'. The complexities of the field are discussed, including beneficiary classes, and how people often feel overwhelmed when they become a beneficiary or executor to a parent's will. The importance of setting things up while one has the chance is emphasized, as unforeseen situations can complicate the processes. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The experience with clients facing confusion and fear when understanding their responsibilities as executors or beneficiaries. The strategy to achieve financial durability, and when complexities like LLCs and trusts are necessary. The role of a financial advisor in simplifying complex setups like beneficiaries and trusts. Appropriate layers of financial planning and the importance of wills and trusts. The myth of tax protection and asset protection through revocable living trusts. The role of liability umbrella for asset protection and the lack of tax protection features in revocable living trusts. Reinforcing the ability of modification and progression in revocable living trusts. Emphasizing the importance of not delaying the financial planning process, and offering resources for trustworthy attorneys. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This episode centers around the concept of debt and how it can be viewed from the perspective of optimism, drawing from the writings of finance author Jared Dillian. Kim and Spencer point out that while many associate debt with negative feelings, it can also be an indicator of confidence in the future. However, they warn caution, citing the importance of avoiding frivolous debt and "keeping up with the Joneses." They share their belief in maintaining a positive approach towards financial future, explaining that those who constantly focus solely on paying off their debt often find themselves in a cycle of indebtedness, whereas those who view debt as a strategy and think optimistically about creating opportunities, serving and aiding others, and adding value are more likely to get out of it. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The importance of optimism in getting better results in traveling the journey towards prosperity The idea of distinguishing good and bad debt Significance of debt management and having confidence in the future A poll result revealing that around 50% of people don't feel optimistic about their financial future and stressing the importance of a change in mindset How clients who focus on creating opportunities and helping others manage to get out of debt effectively The personal interpretation of prosperity Finding happiness outside of material things and not having to work as the primary source of happiness The importance of purposiveness in spending both time and money Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss how individuals can identify what they genuinely love doing, opening pathways to career satisfaction and personal fulfillment. The episode suggests that the traditional advice to 'follow your passion' may not always be beneficial, and instead recommends that individuals find work that matches their skills or interests. Lastly, the hosts highlight the essential role that daily habits and routines play in facilitating progress, suggesting that individuals consider slightly adjusting these if their current results are not as desired. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Online resources to help people find work that they love Encouragement for people, especially young adults, to experiment, to learn by doing, and to consider part time or intern jobs as learning opportunities Recommendation for self-knowledge, experimenting, and starting with love for what you do The speed of advancements in technology and the opportunities it brings The concept of vision and how it can inspire us Importance of habits, routines, and behaviors on making progress and achieving results Why you should start reflecting on your habits and routines Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the importance of language and thought patterns in one's relationship with money. They quote Robert Kiyosaki's concept of replacing "I can't afford it" with "how can I afford it?" as a building block of prosperous thinking. They also touch on the erroneous focus of individuals on earnings instead of value provided and emphasize the significance of cash flow over net worth, particularly for business owners. The episode features in-depth conversations regarding linguistics and how the use of wrong terminologies can be misleading, especially in finance and life insurance. The hosts also propose an exercise of assessing one's language and forming a list of "prosperity words." Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The influence of language on the way people approach money The importance of laying a solid foundation from a young age Distinguishing between people who talk about their earnings per hour, per month or yearly How mindsets can be adjusted to think in a prosperous way based on knowledge of the three earning brackets Influence of language on our perception of earnings The misinterpretation of earnings in the media and the significance of value provision and learning over earnings Role of language habits in shaping financial well-being The societal impacts of conversational themes, using life insurance as an example Correlation between a person's language and their financial well-being Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the concept of retirement, with reference to thoughts from the founder of AngelList, Naval Ravikant. Ravikant's advice for retirement includes saving money, lowering your spending rate, and doing what you love so that retirement becomes unnecessary. The hosts emphasize the benefit of virtual jobs, saying that they are perfect for older people who wish to keep working and earning, while staying active and engaged. They add that this kind of work can help offset inflation and contribute to a fulfilled life. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Ravikant's first point: Saving money for retirement How the word 'save' is being used in the context of retirement Naval Ravikant's background and accomplishments The second point: Lowering your burn rate for retirement Ravikant's third approach to retirement: Doing what you love Benefits of doing what you love as a strategy for retirement The concept of working until old age Saving and burning from a retirement perspective Ineffectiveness of forward-budgeting and the importance of looking back at expenses Should you still start saving for retirement even if it may not provide enough for people to live on during their retirement years? Organizations that provide opportunities for seniors Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the importance of cash flow, or financial flow, over stagnation in wealth building. They argue that one of the often-overlooked principles of prosperity is the necessity for cash flow rather than letting money sit idly. For them, cash flow refers not only to money coming in but also the money going out. Important elements of cash flow include expenses, investments in real estate and life insurance, and outgoing cash flow in general. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The significance of both incoming and outgoing money as part of cash flow, and how outgoing cash flow is equitably crucial The need to create money movement in our personal economy through the concept of cash flow How to get more movement in finances, whether small or large sums of money Using a case study to explain how to create movement, focus on cash flow, and generate a multiplier effect leading to long-term financial stability Universality of the principles of cash flow, irrespective of the amount of money involved Underlining the importance of planning for a lifetime guaranteed income, especially for older people and the peace of mind it brings Introducing the concept of Prosperity Economics and its history and relevance across different times and ages Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

In this episode of the Prosperity podcast, the hosts, Spencer Shaw and Kim Butler, discuss guidance for managing finances for a couple aged 25 with a net worth of $50,000. The hosts review a previously given AI recommendation and give revised insights. Initially, they discuss the importance of building an emergency fund of three to six months worth of living expenses, tactics for investing in retirement through 401(k)s and IRAs, and investing in one's financial education. They also discuss building a diversified investment portfolio via index funds and ETFs and the importance of setting financial goals and the associated futility with long-term financial goal setting due to life's unpredictability. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes The importance of building an emergency fund Suggestion to have six to 12 months of living expenses Investing in retirement and contributing to a 401k or IRA The need to invest in financial education Concept of diversifying investments and issues with the definition Setting financial goals in the short, medium and long-term Importance of emergency funds and protection plans Why retirement funds shouldn't be top priority for young adults The difference between an emergency fund and opportunity fund What are estate planning and cash flow control The call to action to email for guidance on cash flow control Importance of setting targets and taking action towards those targets Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

In this episode of the Prosperity Podcast, Kim, the host, interacts with an AI to discuss the principles of prosperity as they apply to a 60-year-old couple with a net worth of $2 million. The AI suggests the sequence of five steps: Estate planning, purchasing life insurance, investing in the education of their children and grandchildren, actively teaching financial literacy to their children and grandchildren, and establishing a charitable foundation or donor advised fund. The next episode is set to cover the same scenario, but for a couple that is 25 years old. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes First scenario introduction: A 60-year-old couple with a net worth of $2 million The idea of estate planning and the right to change order Investing in the education of your children and grandchildren Kim disagrees with the choice of products for investment in education Teaching financial literacy to your children and grandchildren Positive response by Kim to the fourth solution, teaching financial literacy Validation of life insurance as the first step Why having a guaranteed lifetime income is important Kim's client expressed her stress about having a high net worth but low income Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer discuss the concept of an "opportunity fund". An opportunity fund is different from a savings account as it actively makes you money and is used to strategically take advantage of any financial opportunities. Unlike a position of debt or constant emergency where opportunities are limited, having an opportunity fund enables people to position their money strategically for future investments. The hosts, Kim and Spencer, discuss the concept of a CLUE test (Control, Legacy, Use, and Equity) as a gauge to measure the accessibility and fluidity of your opportunity fund. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes What an opportunity fund is and the importance of being in a position of cash The importance of dedicating a certain amount every month to building an opportunity fund Using the CLUE test for identifying the appropriateness of where to store the opportunity fund The importance of controlling dollars, particularly in relation to banks Liquidity of properties and stocks being dependent on several external factors The aspect of equity in different forms of opportunity funds The usefulness of the CLUE acronym as a tool for determining the strength of an opportunity fund Why you should start learning and preparing to take advantage of opportunities Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Kim and Spencer delve into the concept of personal credit scores and a new concept they describe as prosperity credit. The episode begins with a reference to their book, which details guidelines around credit scores. They also announce that they are in the process of developing the idea of prosperity credit and invite listeners to share their thoughts on what this phrase means via email. Kim and Spencer advocate for acting proactively with finances and treating personal credit seriously, and they offer resources for credit cleanup and improvement. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://uqual.com/ Show Notes What is hard money lending in the real estate investing world Definition of prosperity credit, starting with mindset and involving time in the game, maintaining relationships, and turning obstacles into opportunities Four "referability habits" from mentor Dan Sullivan to avoid having bad credit Insights about the relevance of personal finances' time element to personal credit The importance of keeping old credit cards open The need to know one's credit scores Difficulties in getting life insurance after a health problem Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

This podcast episode centers around a book titled "Don't Tell Me I Can't" by a 14-year-old author going by the pen name, Cole Summers. The hosts discuss the book and the message of possibility, hard work, self-belief, resilience, and learning it delivers. The episode also talks about the author's unconventional life journey, from his purchase of a tractor at nine and a house at ten, to owning a 350-acre farm, all while being homeschooled and later, unschooled. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ https://www.amazon.com/Dont-Tell-Cant-Ambitious-Homeschoolers-ebook/dp/B0B1GQ9ZRM/ Show Notes Kim speaks about her experience reading the book and how inspired she was by Cole Summers' story Spencer provides insight into how he discovered Cole's book, emphasizing the importance of being open to wisdom and learning from others The hosts discuss how Cole was repeatedly underestimated because of his age but continued to prove himself through hard work and dedication They conclude their review of Cole's book highlighting how it encourages adopting a mindset of unlimited possibilities Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim discuss the concept of the "velocity of money." This is likened to the pace of marathon running, using this as an analogy to explain the movement of money. The hosts make use of the acronym CLUE, which stands for Control, Liquidity, Use, and Equity, to explain how one can get optimal long-term benefits from their money. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes How to use products and strategies to initiate velocity Putting money through life insurance and investment real estate How to understand CLUE and its impact on asset management and unraveling misconceptions about liquidity Misconceptions about the liquidity of the stock market Misleading financial strategies that do not follow the CLUE strategy Human behavior and its impact on financial decisions Why automated discipline and having save-first mentalities are preferred approaches for building wealth Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim delve deeply into the topic of inflation, reflecting on how it's affecting individual lives and businesses worldwide. The hosts share a story about a business owner in Argentina, a country currently going through significant monthly inflation. To protect his business, he uses US dollars due to their stability and he invests his profits back into his business to purchase supplies, expecting the inflation to worsen. This leads to discussion on how tangibles like food, water, supplies can help maintain or beat inflation. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Inflation and its impact on the economy. A personal story about inflation and its effects in Argentina. Two things that benefit from inflation. The impact of inflation on investments and the need for supplies to maintain pace with it. How whole life insurance premiums benefit from inflation. The importance of building an emergency fund instead of focusing solely on retirement savings. Use CLUE (Control, Liquidity/Legacy, Use, Equity) as a way to approach investments in a time of inflation. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim discuss the concept of value and altering perspective on it. They use a personal anecdote to illustrate the idea, wherein his content creator son understands his work's value in a different way when his father becomes his 'employer'. This story is used to spark discussion on how people value their wealth and finances, and their aversion to taking action due to perceived risks. Kim suggests methods to think about value in personal terms - seeing the value in our future selves and tying decisions to emotions to facilitate desired behavior. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Spencer's personal story regarding his teenage son who is a content creator and his recent struggles with consistency Recognizing personal investment and values The emotional nature of financial decision-making and the need to ascertain how people best interpret and integrate information The importance of individuals recognizing value for the benefit of themselves and their future selves Strategies on how to create and understand the value of our future selves The importance of personal motivation, whether that be self-preservation or family preservation Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim discuss the rising cost and decreasing availability of homeowners insurance, and how people can prepare for potential future issues. A recent incident where a tree limb fell and damaged a greenhouse on their property led them to talk about the potential costs and benefits of having homeowners insurance, especially when it comes to damage repair and tree removal. They also touched on the increase in homeowners insurance costs and difficulty in obtaining it in certain areas like California and Florida. The hosts also discuss how life insurance can be a place to build up cash value that can potentially be used to replace or repair a property in case of an emergency. However, they strongly advise against turning down house insurance and self-insuring. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes Story about a tree falling and damaging a property, illustrating the role of homeowners insurance The rising costs of homeowners insurance CA and FL, resulting from real estate transactions Advantages and complexities of self-insuring a home The role of cash value in life insurance policy in replacing a home The service offered at prosperitythinkers.com Potential foreclosure triggered by lack of homeowners insurance Possible solutions: Banks providing insurance or community-built insurance like Christian medical communities The concept of self-insuring and the role of a life insurance policy Importance of having a stable, guaranteed asset such as cash value of whole life insurance to self-insure Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim compared Indexed Universal Life (IUL) insurance and Whole Life insurance. They compare IUL to a mobile home due to its flexible and adjustable nature, which also means it carries more risk. Meanwhile, Whole Life insurance is compared to a brick and mortar home due to its stability and permanence. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://prosperitythinkers.com/action/ Show Notes What IUL and whole life insurance are and how are they different from each other? Analogy between universal life and a mobile home, and whole life to a brick and mortar home Personal experiences of weaknesses of mobile homes compared to brick and mortar homes Suggestions for those who have an IUL policy and realize they might be in trouble due to impending risk Sunk cost fallacy in life insurance decisions, and how to overcome it Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes RSS

Spencer and Kim discuss a provocative concept called the 100% death tax, proposed by self-made millionaire Alex Hormozi. The idea suggests that if entrepreneurs knew their entire wealth would be seized upon their death, they would be more inclined to invest their wealth, experiment with new ideas, and constantly innovate. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://www.youtube.com/playlist?list=PLakZJR9Rc1WKnIv5svrxPHI3o8JugWYJf Show Notes Introduction of Alex Hormozi, a self-funded, self-started entrepreneur who supports the idea of 100% death tax Explanation of Hormozi's belief: Entrepreneurs would be more willing to spend their money if they knew it wasn't being left on the table Discussion on wealthy entrepreneurs such as Warren Buffett, Jeff Bezos, and Bill Gates who've shifted from entrepreneurial thinking to a more governmental control orientation Support for creating an environment where entrepreneurs keep experimenting via policies like 100% death tax How creating an environment where values, learning, and some amount of money get passed down is crucial How transformation in thinking can be more effective in wealth accumulation The power of life insurance to facilitate the transformation in dollars and thinking Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

This episode of the Prosperity Podcast discusses the mindset of givers and takers, particularly among millionaires and billionaires. Drawing insights from a study by Patrick Campbell, a man who has owned a data analytics company, the hosts note that Campbell's study shows that takers tend to seek 51% of value from their interactions and see relationships as a series of single moves. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://twitter.com/patticus/status/1684556264062296064?s=46&t=Wx4UH3H0WqT4Xg1RSCK9hA Show Notes The importance of using the word 'strategy' instead of 'plan'. The study of Patrick Campbell: Based on interactions with 18 millionaires and six billionaires, revealing that net takers expect 51% of value from relationships Findings that the richest 13 out of 24 people studied were net givers The importance of being a net giver and how the practice of gratitude can facilitate that The values and actions of net givers to the motivations and operations of mutual life insurance companies Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

In this episode of the Prosperity Podcast, Jim Klauck interviews Kim Butler, who discusses her approach to assisting people in managing their finances and accumulating wealth. This involves simplifying savings, automating assets, and instilling faith in finances. Kim highlights the importance of establishing an emergency fund and opportunity fund to counter unexpected life events and investment opportunities, which also promotes peace of mind and overall health. She also emphasizes automating savings and using traditional assets like whole life policies to build wealth. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity Show Notes Kim discusses her financial strategies and how she values simplicity and automation in personal finances Helping families transfer wealth and values through generations The concept of paying yourself first Considering beach money as a lifestyle leading to freedom and peace rather than focusing on the monetary aspect The importance of mindset and intention in achieving financial goals Managing finances isn't an overly complicated task, it's all about setting intentions and following a systematic approach Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

This episode of the Prosperity Podcast focuses on the surprising success story of Oliver Anthony, an Appalachian-based singer/songwriter. Oliver's unexpected hit song, "Rich Men North of Richmond," reflects the frustrations and hopes of blue-collar, hard working Americans. Hosts emphasize that the song, depicting struggles with poverty and feeling controlled by others, resonated deeply with audiences, thrusting the home-grown artist to the top of several music charts. The discussion then shifts to the attributes of their listeners, appreciating those who exhibit humility, long-term thinking, and hard work. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity https://www.youtube.com/watch?v=sqSA-SY5Hro Show Notes Background of Oliver Anthony and his struggle which leads him to start creating his own music. Humility and long-term thinking. Oliver Anthony's latest song and its popularity. Comparison between the themes of Anthony's song and Prosperity Thinkers' ideologies. Viewing scenarios from two perspectives. Providing assistance to those feeling trapped and seeking a way out. Stressing on the importance of thinking prosperously. The song's themes and its emotional depth. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

This episode focuses on two central topics - the concept of outliving one's money and the worth of one's money in the current economic climate. The common theme of the episode is challenging conventional notions of retirement and financial planning. Kim is highly critical of the societal construct of retirement, describing it as a "scam" and an inherently selfish way of living that often leaves retirees discontented and unproductive. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity Show Notes Retirement is a scam, initiated from a Twitter thread Her perspective on Retirement, detailing her experience with people who retired but have struggles filling their time beyond short-lived excitements. The problems enforced by the government, like mandatory medical programs and paperwork on reaching a certain age, are discussed. The idea of engaging retired people into productive activities and letting them share their wisdom with younger generations is brought forward. The importance of long-term planning and avoiding short-term distractions to see desired results is stressed upon. The aspect of pursuing a 0% tax bracket as a race to the bottom is discussed, comparing it to cheap goods selling strategy. Retirement assets management and how to prioritize income sources are discussed, with life insurance proposed as the last asset to turn to. Concern about inflation and strategies to overcome it by keeping working rather than retiring are underscored. Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Kim and Spencer discuss the importance of educating children at home, guiding them towards finding something they enjoy, teaching them responsibility, and cultivating them into becoming responsible human beings. The hosts emphasize the vital role that homeschooling played in their children's positive development, citing their ability to guide them towards their interests and passions. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity Show Notes How families educate their children Kim and Spencer's own experiences with raising responsible adults The book "My First 300 Babies" and its influence on parenting methods What a homeschool high school graduation looks like Celebration of Zane's drone company and how homeschooling contributed to his success The challenges young adults face after graduation like renting a car or getting a hotel room The book "Perpetual Wealth" and applying its legacy learning method to homeschooling Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Kim and Spencer discuss the concept of having intentional money conversations at the dinner table. These talks don't center around politics or religion but on financial education, a subject usually avoided or not tackled properly at home. The intention is to use "prosperity thinking" to add more valuable information and perspectives for the listeners and their families. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ https://gravystack.com/prosperity Show Notes The common lack of effective communication at dinner tables Importance of being purposeful about dinner time conversations The need to start financial conversations from a young age, using real-life examples like temper tantrums in grocery stores Introduction of using AI as a tool for stimulating meaningful dinner table conversations Making smart monetary decisions with examples of cheese purchasing to stimulate conversations at the table The importance of teaching children the art of active listening at dinner tables Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS