The Prosperity Podcast

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

The hosts, Spencer Shaw and Kim Butler, focus on the topic of the home economy system, which involves three important elements: Expectations, expenses, and extra money for gigs. This concept applies to households of varying sizes and configurations. They attribute the basis of this concept to the book written by Scott Donnell and Lee Benson, Value Creation Kids, as it is a practical guide to personal finance from a principle-based viewpoint. 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 concepts in "Value Creation Kids" The idea of the home economy Three E's of the home economy system Importance of clear communication in ensuring everyone's expectations The need for kids to contribute and feel heard as a significant part of setting expectations Application of these principles to adult children who still live at home Establishing an expectation of prosperity thinking at home Sharing an example about one particular experience with money management and how it plays a part in maturity and personal growth 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 concept of retirement, challenges the connotation associated with it, and explores alternatives for a fulfilling post-work life phase which they struggle to find a suitable term for. The hosts explore the phenomenon of retirees spending their time idly, attributing it to financial frugality or unwillingness to invest in hobbies. Kim and Spencer further discuss the fear of outliving one's savings and suggest purchasing a Single Premium Immediate Annuity, which offers guaranteed lifetime income to relieve such concerns. 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 need for a new term to replace "retirement" The concept of "go-go years", "slow-go years", and "no-go years" Retirement attitudes and financial limitations Navigating the fear of outliving money during retirement Dan Sullivan's time management system for fulfilling life in retirement The practical idea of utilizing a hobby in the service of the community 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

Scott Donnell, developer of the GravyStack app, highlights the need for children to learn money skills. Drawing from his study of wealthy families' strategies, he found that these families fostered financial responsibility in their kids by simulating real-world expenses and expectations from a young age. This empowers kids to handle money related to everyday activities, cultivating a sense of generosity and responsibility. The GravyStack app includes fun and interactive 'gigs', including chores to earn money, saving parents' time. 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 Creator of app for families with kids: https://partners.gravystackpartners.com/prosperity https://www.amazon.com/Value-Creation-Kid-Struggles-Children-ebook/dp/B0BY9Z1VH5 https://www.linkedin.com/in/scott-donnell-0335b011/es Show Notes Scott emphasizes his dedication to improving the financial literacy of young people The outcome of interviewing a thousand parents, revealing their insecurity in teaching finances to their kids His journey of interviewing a hundred legacy wealth families to understand how to effectively pass on good money skills to children Scott's exploration led him to writing a book called "Value Creation Kid" Money being a tool rather than the end goal, shaping the fundamentals behind the app Kim shares her personal experiences from her upbringing in understanding the schooling system and parenting How the app features 'brain gigs' where kids can earn by performing educational tasks, emphasizing developing value-creating skills 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 Prosperity Podcast episode emphasizes the idea of collaboration over competition. Kim calls this concept "win times three" where each party involved in a deal benefits inclusively. This approach encourages sharing and giving first, believing that life will reward those who are generous. Kim highlights the instances when she collaboratively worked with professionals like Patrick Donahoe and Caleb Williams, who could be considered competitors, but instead became collaborators. Through such collaborations, they managed to further the Prosperity Economics Movement and improve client services. Kim also mentions a few other professionals she collaborated with like Spencer Shaw, stating that such collaborations can have enlightening outcomes. Kim expresses gratitude and shares the experiences where she was recognized by peers for her impact on their career, which she found fulfilling. 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 concept "win times three": A concept that reflects collaboration instead of competition "Give first" attitude and the notion of collaboration even with potential competitors Examples of collaborators who are also potential competitors in the world of whole life insurance The Prosperity Economics Movement and its benefits Attendance and participation at an event for advisors, promoting openness and sharing Books, copyrights, and the freedom of ideas. Adopting a lens of prosperity thinking around collaboration The benefits of the weekend spent with collaborators. Recognition of gratitude from collaborators, despite the initial discomfort in expressing it Impacts and contributions made by the books and podcast Kim's gratitude to collaborators who have been particularly helpful. 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, Spencer Shaw and Kim Butler discuss a new direction for teaching children financial literacy, competency, and responsibility through the use of a new app called Gravy Stack. The app, along with a book titled Value Creation Kid, aims to help children learn about personal finance and money management in a fun, engaging, and interactive way. 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://partners.gravystackpartners.com/prosperity Show Notes Delivering on the promise of a better future for children Introduction of the book "Value Creation Kid" and the app "Gravy Stack" Moving away from the concept of allowances and introducing home gigs and mental games for children to learn financial competency Real-life example of children learning financial competency through entrepreneurial activities, such as curb painting and lemonade stands Implementing financial literacy and competency through "Gravy Stack" and its features like bank accounts, debit cards, and sub accounts Encouraging sharing of the podcast and the link to the app to help improve communities 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, Spencer Shaw and Kim Butler discuss the impact of remote work on family prosperity and share their personal experiences and insights on working from home. They highlight the benefits and challenges of remote work through various perspectives, such as time management, leveraging technology and human resources, effective communication, and maintaining work-life balance. 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/ Show Notes Kim discusses her experience with remote work and the positive impact it has had on family life The benefits of remote work in terms of time management and flexibility with family schedules Importance of time management and how it can be leveraged in a remote work environment The concept of free days, focus days, and buffer days to improve productivity and prevent burnout Leveraging technology and utilizing other people's unique abilities in a remote work situation Communication as a key component of successful remote work and family interactions 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, Spencer Shaw and Kim Butler discuss the impact and potential benefits of AI in various aspects of life and business. They reference Dan Sullivan's insight on using AI, stressing the importance of prompts when using AI systems for specific tasks. The conversation highlights both personal and professional examples of AI application, including AI tools for crafting emails, creating a complex Google Sheet formula, and assisting in household organization, among other examples. Kim and Spencer also acknowledge the potential for time-saving and increased efficiency in leveraging AI for tasks that complement human skills and unique abilities. 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/ Show Notes The prosperity thinking mindset towards AI and how AI can serve as a helping mechanism in various aspects Kim shares her personal experience of using AI to write emails and how it saved her time Spencer argues that AI can be proactive too with proper prompting and feeding good information How Spencer used AI for helping with his oldest son's job opportunity path Using AI for family chores planning and meal planning AI as a companion during Zoom meetings, recording, and summarizing the meetings AI being used for summarizing and extracting important points from long emails 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, Spencer Shaw and Kim Butler discuss the things people should stop doing once they have accumulated wealth. They highlight the importance of transitioning focus from cash value to the death benefit in their whole life insurance policies, and also to stop being overly focused on tax deductions. Instead, it's recommended to build wealth with after-tax dollars that will be held as after-tax for the rest of their lives. The hosts also emphasize the need to stop doing small transactions and delegate tasks with a humble approach to others who may have unique abilities in those areas. 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/ Show Notes The importance of shifting focus from the cash value of whole life insurance to its death benefit and how to utilize it to impact other assets during your life Once a person reaches a net worth of $1 million or above, it's crucial to stop the overt focus on tax deductions, and instead, build wealth with after-tax dollars After your wealth accumulates, small transactions and low-value tasks should be stopped, and time should be spent more strategically on higher-value activities and unique abilities Why should you stop making decisions based on fear and scarcity and focus on protecting their mental space by seeking learning and opportunities from sources that align with their current financial standing 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, the hosts discuss the debt ceiling crisis and its impact on people's lives. They emphasize the importance of a long-term perspective to make principle-based decisions that can weather any storm. Spencer and Kim also highlight the longevity and success of the mutual life insurance industry as an example of responsible financial management. By focusing on the things they can control and applying the principles of prosperity, they assert that individuals can remain resilient even in the face of financial challenges. 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/ Show Notes Acknowledging various types of debt How to approach personal and business debt situations Importance of focusing on forward momentum and opportunity Recognizing the shifts that can occur with time Understanding the importance of focusing on principle-based thinking Discussing the longevity of mutual life insurance companies Emphasizing the importance of long-term perspective in decision-making Applying the 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 Stitcher RSS

In this episode of the Prosperity Podcast, Spencer Shaw and Kim Butler discuss wealth building secrets of millionaires and why the term millionaire isn't as exciting as it used to be. They mention that focusing on cash flow is more important than net worth. The conversation explores the importance of transactions, such as starting, buying, and selling a business or real estate, which can lead to significant wealth growth. Spencer and Kim emphasize simplicity, principles, and real-world experience in their wealth-building tips, as well as the importance of focusing on the right things using the appropriate language. 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/ Show Notes Why the term "millionaire" isn't as exciting as it used to be Importance of focusing on cash flow rather than net worth The common wealth building secrets of millionaires The importance of liquidity for opportunities Role of transactions in wealth building The importance of building liquid cash that can be controlled Leverage and debt in wealth building The focus on control and leverage as key wealth-building tips Control in relation to leverage Focusing on the correct language and principles 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, the hosts, Spencer Shaw and Kim Butler, discuss the importance of avoiding zero-sum games, in which there is a winner and a loser. They provide examples of such games, including gossip, which can harm all parties involved, and share ways to combat this mentality. They also discuss the role of life insurance as a "win-win-win" financial product, particularly whole life insurance from a mutual company, which benefits the buyer, seller, and company alike. Additionally, they emphasize the importance of timely action when it comes to life insurance purchases, as medical complications and other factors can impact one's ability to buy a policy in the future. 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/ Show Notes How a zero-sum game means there's a winner and a loser and how it can apply to various situations, such as gossiping or bullying A discussion on how life insurance, particularly from a mutual company, can be a win-win-win situation: For the person buying the insurance, the person selling the insurance, and the insurance company The importance of the mutual life insurance company structure and its benefits The significance of ownership and sharing the concept of win-win-win situations with children A story about how timing can impact life insurance and the importance of taking action sooner rather than later How to get in touch with Kim to discuss the zero-sum game, mindset, or the life insurance space 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 Thinkers Podcast, the focus is on the importance of philanthropy and giving forward. The hosts discuss the concept of the "velocity of money" and how participation in initiatives like kiva.org can help move money and improve one's own personal economy. They highlight different ways of engaging in philanthropy, such as donating small amounts to causes important to the individual, using donor-advised funds, and even creating a family foundation. Spencer and Kim agree that engaging in philanthropy can provide a sense of purpose, align with one's values, and create opportunities for families to bond and work together for the greater good. 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://www.heifer.org/ https://www.kiva.org/ https://www.amazon.com/Perpetual-Wealth-Financing-Prosperity-Generations/dp/B0977PM7JD Show Notes The concept of giving forward and its importance for enabling money to keep moving.\ Kim shares her own experience with microloan organization Kiva.org, and how it helped her get money moving during a difficult time The book "Busting the Charitable Giving Lies" and its current status Discussion of donor advised funds and their benefits for controlling where donations go Kim shares her experience of participating in her alma mater's 24-hour giving day and the impact it had on her The importance of starting small with charitable giving and how it can put energy and thought behind the causes you care about Various methods of giving, from small donations to creating a full public charity How families can involve multiple generations in the process of choosing and researching charities to support 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 responsible borrowing and how to use debt to your advantage, particularly when it comes to building businesses or making investments. The conversation emphasizes the importance of having a proper mindset before considering taking on debt and being confident in the ability of the investment or business to generate enough cash flow to pay off the debt. The podcast also highlights the need for liquidity to cover potential issues such as delays in business profitability or unexpected expenses. In addition, it recommends using bank financing, borrowing against the cash value of life insurance policies or acquiring funds from venture capital, family or other sources as a means of obtaining debt responsibly. 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/ Show Notes Discussing responsible debt and debt taken for building businesses and investments Building liquidity and why it is important for taking on responsible debt Interest rates and the dividing line between good and bad debt Approaching OPM (Other People's Money) Understanding responsible borrowing from a prosperity perspective 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 intersection of health and wealth and the importance of investing in personal well-being for long-term prosperity. They emphasize the significant impact of physical and mental health on a person's overall prosperity and ability to think and function optimally. The conversation highlights the benefits of seeking personalized guidance in various aspects of life, such as personal finance, health, and fitness. The hosts suggest trying out services like Viome, which offers personalized nutritional advice based on an individual's unique biology. 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://truthconcepts.com/ https://www.viome.com/ Show Notes Kim's appreciation for AI and how it changed her daily life The intersection of health and wealth, investing in well-being for long-term prosperity The importance of physical and mental health for overall prosperity Kim's personal experiences of how food choices affected her mental and physical wellness. The connection between health and the brain Kim's realization about her health and mental activity Initial experiences with a food coach and learning how to make healthy food choices to improve your health Discovering the significance of blood types in diet and how red meat works well for Kim's system Undergoing the Viome test to determine personal superfoods, providing a more personalized approach to diet The significance and benefits of personalized guidance on food, health, and finances 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 living for experiences versus living for stuff. They share personal experiences and observations from their careers and highlight the importance of focusing on more meaningful aspects of life, such as relationships and personal growth. The conversation touches on the role of social media in showcasing one's possessions or experiences, and they emphasize the need to be aware of the messages being sent to children about the importance of material possessions. Kim and Spencer also discuss how they incorporate celebration and tradition into their lives in ways that are personally meaningful rather than centered around material possessions. 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://truthconcepts.com/ Show Notes Discussing living for experiences and focusing on things like hikes in the woods, beautiful sunsets, and family moments instead of showing off material possessions like cars and homes Kim shares examples of how small changes and investments in property can make significant impacts on daily experiences such as a swing for relaxation with her dog or a morning walk to feed the alpacas How being conscious of living for experiences can extend to teaching the same values to children in the family Prioritizing family activities and time spent bonding creates a valuable environment for growth and connection Why you should start celebrating your wins Kim admits that while she could do a better job, she is happy with her life and her social interactions, despite not celebrating in the traditional sense Tying celebration to accomplishments and milestones like annual premium payments for life insurance policies. This way, every time an annual premium is paid, it's an opportunity for a small celebration with a dinner, massage, or another activity as a reward for the effort put in 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 focus on the safest ways to store savings during uncertain times for banks, considering alternatives like mutual life insurance companies and T-bills. The expert, Kim, explains mutual life insurance companies as a secure place for storing cash value, emphasizing the safety of the institution in comparison to banks with fractional reserves. She also encourages people to focus on what's within their control as the dollar isn't going away any time soon and banking systems will continue to be in place. The importance of long-term thinking and following principles is highlighted as essential to financial 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://truthconcepts.com/ Show Notes How's the safety of banks and savings accounts now? Mutual life insurance companies as an alternative place to store money Prepaid premium accounts in life insurance Mutual life insurance companies backed up 100% The dollar is still being used by 57% of countries, unlikely to vanish soon Cash accessibility is changing, banks storing less physical cash Necessity of adapting to current financial systems and control Storing cash in T-bills or real estate Life insurance as an alternative to T-bills and T-bonds Long-established banks and credit unions as safe options for cash storage Equity in real estate may be a risky place to store cash 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 talk about the fascinating world of Artificial Intelligence (AI) and its potential to reshape the financial advising industry as we know it. With Kim sharing her firsthand experience from attending the renowned Abundance360 event, this conversation offers valuable insights for listeners who aspire to stay ahead of the curve and harness the power of AI in their practices. Throughout the discussion, Kim and Spencer emphasize the unique aspects of human interaction that AI will not be able to replace, especially when it comes to raising funds and nurturing valuable client relationships. The significance of emotional intelligence, empathy, and trust cannot be understated, and these irreplaceable qualities are what set human advisors apart in this evolving landscape. 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://truthconcepts.com/ https://embodied.com/ Show Notes What Kim's takeaways are from the Abundance360 event The unique human skill of raising money, which is about building relationships and transforming lives, will likely not be entirely replaced by AI AI can help pick up on emotions in words and between lines in email interactions, enabling us to get to the human element even quicker AI scheduling assistants can take the onus off sales assistants by sending text messages to clients and prospects, filling up calendars without overwhelming email inboxes Robots designed as communication devices and playmates for senior citizens can provide them with valuable company and engagement Innovations on AI and technology While robots may increasingly take up service positions in restaurants and other industries, having a financial advisor for personalized advice is still crucial 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 why paying off your mortgage early may not be the best strategy for financial prosperity, as emotional attachment to homes can lead to emotional decision-making. The time value of money and opportunity cost must be considered, and the best mortgage loan is a 30-year fixed interest rate mortgage paid over time and refinanced until the borrower dies. Redirecting extra mortgage payments towards paid-up life insurance can be more efficient in building an asset that is not taxed. The goal is to keep refinancing, eventually do a reverse mortgage to free up equity, and educate oneself on the concept of time value of money. 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://truthconcepts.com/ Show Notes Prepaying your mortgage may not actually be a good idea The time value of money and opportunity cost are important factors to consider when it comes to mortgages A 30-year fixed-rate mortgage is the best option, and it's okay to refinance every 10 years or so Emotions often drive decisions regarding mortgages, but it's important to step back and make decisions based on finances and long-term goals For those who feel stuck in the belief that they must pay off their mortgage, it can be a difficult hurdle, but withdrawing from the cash value of life insurance may be an option for peace of mind Education is key in helping people make informed decisions about their mortgages Objectives and methods should be clearly defined to reach financial goals Refinancing and reverse mortgages are strategic ways to free up equity Contrary beliefs about mortgages may require multiple listens to understand 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

What's the meaning of money for you? A lot of people believe that the more money you have, the happier you are. But how can you maintain the balance between your time, your value, and your money? In this episode, Spencer Shaw and Kim Butler delve into the concept of the time value of money. They take a deep dive into the importance of finding a balance between saving and spending along with valuing time as much as money. Spencer and Kim also share their best practices in looking at money from a long term perspective and promote how you can start finding the balance between time, value, and money. 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://truthconcepts.com/ Show Notes What is the time value of money? How Kim discovered the true value of money Using a financial calculator to help you equate, calculate, understand, and function with he concept of the time value of money The principle that taught Spencer's kids to look at their money on a long term perspective Time value of money not just a financial principle, but as an economic principle as well The connection between time, value, and money How to find the balance between time, value, 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 Stitcher RSS

The concept of visioneering is believed to help lift people's chins up and look forward to the future. It can be used to look at the opposite side of a goal: Like paying a s much tax as possible to achieve a higher tax bracket. For today's episode, Spencer Shaw and Kim Butler talk about how to create and promote a wealth-building plan, emphasizing the importance of having a vision and diversifying your own portfolio. They also discuss the different tax implications of various retirement vehicles and how real estate can be a great tax shelter. 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/ Tax-Free Wealth Book: https://www.amazon.com/Tax-Free-Wealth-Permanently-Lowering-Advisors/dp/1947588052 https://twitter.com/itsdanny_v/status/1630583616601219074?s=51&t=xQQnk6ikx4VnuNXpNvH8xw Show Notes Exploring tax-free wealth What visioneering is Real estate as a tax shelter by balancing tactical and strategic considerations Tax-free wealth strategies Tax implications of various retirement vehicles Establishing a 1099 business and financial planning Financial planning and taxation strategies Alternative retirement strategies 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

They say that people die twice: The first time is their physical death and the second time is the last time their names get mentioned. While life is still ahead of us, should you start preparing as early as now? In this episode, the conversation between Spencer Shaw and Kim Butler centers around wealth protection and the need for preparing for what to come upon your death. This episode not only covers wealth protection, but also family protection, memory protection, and more. The conversation emphasizes the importance of capturing personal stories, lessons learned, ideas, and values for the next generation. They talk about preserving your memories through photos and videos using digital storage solutions. Kim also discusses the importance of estate planning and how to prepare for the future. She suggests getting final expenses worked out and decided upon so that the next generation won't be burdened with the cost. Estate planning is important to ensure that one's wishes are taken care of and their family is not left with a financial burden. 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 https://protectmyplans.com/ https://www.heritagecremationprovider.com/ https://www.fivewishes.org/ https://twitter.com/businessbarista/status/1622633176081235971 https://twitter.com/kimdhbutler Get access to the Currence app by sending an email to [email protected] with the subject "Currence." For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Show Notes Protecting digital assets and values for future generations How protectmyplans.com can help prevent the lengthy digital assets recovery Different prompt questions that will be valuable in getting things recorded in a way that would be helpful to the next generation Preserving wisdom for the future generation by recording audios and videos Estate planning for long-term prosperity protection by preparing for final expenses The benefits of planning for end-of-life decisions on an 80-year-old's perspective Tips to spending time with your grandchildren and family Pre-paying funeral costs to save families from extra financial stress 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

After working hard to create your personal wealth, the next step is the need to protect it. And one way to do that is to acquire insurance to protect yourself from major financial loss. Wealth protection can be achieved through life insurance, taxes, and asset formation. Other strategies such as reverse mortgages, charitable remainder trusts, and single premium immediate annuities are also effective. In this episode, Spencer Shaw and Kim Butler talk about the different strategies such as to protect liquidity and assets from taxes. They also suggest involving family members in wealth protection by using the Perpetual Wealth Book and game, having family retreats, and talking about values and lessons to pass down. 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 Get access to the Currence app by sending an email to [email protected] with the subject "Currence." Perpetual Wealth: How to Use "Family Financing" to Build Prosperity and Leave a Legacy for Generations: https://www.amazon.com/Perpetual-Wealth-Financing-Prosperity-Generations-ebook/dp/B0965MDDLJ For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Show Notes What is Wealth Protection? Different strategies for minimizing tax expenses Impact of taxation on wealth protection strategies Benefits of protecting your wealth through whole life insurance Real estate wealth protection strategies for long-term financial security Exploring different strategies for multiplying retirement wealth Involving family members in wealth protection Resources for intergenerational wealth transfer 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

We all have money concerns from time to time: We want to continue paying the bills, we want to earn more money for investments, and we want to save more for retirement. But to start getting the financial freedom and success that you're aiming for, what's the first step? In this episode, Spencer Shaw and Kim Butler discuss the Prosperity Ladder, an infographic created to help people understand their financial situation and progress. Kim explains that the ladder is useful for people of all ages and financial backgrounds, from those just starting to earn money to those who are more established. She also emphasizes the importance of the conversation about personal finance and the impactful view it provides. 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 Get access to the Currence app by sending an email to [email protected] with the subject "Currence." For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Get the Prosperity Ladder Infographic: https://drive.google.com/file/d/1WGnW08W40yAOaLubmjYJbYn6mqyB-KMZ/view Show Notes Exploring the Prosperity Ladder The different categories of wealth The ladder of poverty to prosperity Exploring the financial journey from subsistence to prosperity Establishing the different savings tools for financial security The benefits of opportunity funds and prosperous mindsets for achieving financial prosperity Importance of knowing yourself when investing Rebranding the word "prosperity" for the next 30 years 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Good news Prosperity Thinkers! After releasing the Currence app, we got positive feedback from users. They've already seen positive results such as AHAs and the value of converting conscious spending into unconscious savings. To get access to the app, send an email to [email protected] with the subject line "Currence" today. In this episode, Spencer Shaw and Kim Butler discuss some of the hidden benefits of the Currence app. With the app, users can convert conscious spending into unconscious savings and have an accountability coach right on their phone to automate good measuring and reporting around savings. Additionally, Spencer and Kim talk about emergency funds and opportunity funds, and the importance of having both. 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 Get access to the Currence app by sending an email to [email protected] with the subject "Currence." For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Check out the article here: Going Through Levels of Wealth Show Notes Exploring the benefits of the Currence app Why should you start rearranging your financial operations? Utilizing Currence to improve your savings exponentially Streamlining payroll and savings using the Currence app The benefits of life insurance: Taxation and cheat codes Tax-free income opportunities through life insurance Establishing better habits and understanding emergency funds 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

When the members work together to achieve the same goal, team collaboration occurs. As each member of the team has their own unique skills, they can help solve the problem from a different angle and provide a more creative solution. But how can you apply collaboration in your personal life? In this episode of the Prosperity Podcast, Spencer Shaw and Kim Butler discuss the surprising benefits of collaboration. Kim explains that Dan Sullivan, her coach, and mentor, has talked for years about the importance of collaboration and how much more valuable it is than the competition. She then shares her experience of teaching her children the power of collaboration without intentionally doing so. According to Kim, when children learn something without being forced to, it is always the best and most valuable lesson. Furthermore, Kim and Spencer discuss how collaboration can be used to create a better future, build strong relationships, and open up new possibilities. They also emphasize the importance of collaboration being done in a respectful and positive manner. Together, they highlight the importance of collaboration and the many positive outcomes that can come from it. 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/ Check out the article here: Going Through Levels of Wealth Show Notes The many benefits of collaboration How collaboration works Collaboration thru Kim Butler and Dan Sullivan's eyes and perspective Executing collaboration and giving first The power of listening and human connection Collaboration: The secret sauce to solving problems and connecting with others How to become more collaborative 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Happy 500th episode of the podcast! As we celebrate this milestone, for today's episode, Spencer Shaw and Kim Butler reflect on the journey, noting how listeners have grown with them over the years. They share how they stumbled upon the podcast as a space to communicate with clients and people interested in becoming clients. Spencer and Kim also discuss the growth of podcasts in the past five years and how technological advances have made them more accessible and easier to produce. They share their insight on how podcasts are different from traditional radio, noting that podcasts are about positive forward motion, rather than focusing on negative historical commentary. Spencer and Kim also believe in lifelong service and want to activate that in everyone they talk to, and they believe the podcast is one way to do that. 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/ Check out the article here: Going Through Levels of Wealth Show Notes Our goal: To produce a podcast that can provide value to listeners through personal finance advice, information, action steps, and encouragements Benefits of podcasts and radio Decentralizing talk radio The power to gravitate toward achieving prosperity One of the "ah-ha's" of the podcast: When a client is ready to come on Financial commentary and intergenerational wealth ideas for 2023 and beyond 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! Call to Action Get access to your own Cash Flow data by joining our by invitation-only Currence app+account structure. Email [email protected] with the subject Currence app+account and we'll invite you in. 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

How can you go from being in the lower middle class to the upper middle class? Is it even possible? If so, how can you go and raise your level of wealth? For today's episode, Spencer Shaw and Kim Butler discuss different levels of wealth. They explain that the bottom is an emergency fund, the middle class is often stuck, the upper middle class is when you become an accredited investor, and the upper class is when passive income exceeds expenses. The middle level of wealth is often where people get stuck because they don't have a clear plan for the next step. To help with this, it's important to create an opportunity fund so you know where to invest your money. Spencer and Kim also highlight the importance of having a clear plan and goal in order to move to the next level of wealth. 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/ Check out the article here: Going Through Levels of Wealth Show Notes Exploring the different levels of wealth What the very bottom of wealth looks like Moving from middle to upper middle class Accelerating social mobility through mindset and relationships Upper class is when passive income exceeds expenses Why people are stuck in their levels of 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

How do you keep track of your expenses and finances? Do you use the traditional pen and paper to jot down the numbers you're spending or saving or do you take advantage of the technology to effectively track your finances? For today's episode, Spencer Shaw and Kim Butler discuss a new innovation for tracking finances: Currence. What exactly is Currence? Currence is an app and account that tracks finances and optimizes them based on the Profit First methodology. It puts all income into its account and automatically schedules payments out of it each month, so users have a better handle on their money. To get access to the Currence app is by invitation only. Email [email protected] with the Subject: "Currence" to get access. 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/ To get access to the Currence app, it is by invite only. Email [email protected] with the Subject: Currence to get access. Show Notes The Currence app tracks finances and optimizes them based on the Profit First methodology Automatically schedules payments out of your account each month What goals to have before you start using the Currence app Prosperity Thinkers offers financial advice and guidance Helps users take control of their 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Whole life is an insurance product that is designed to help families build and store emergency opportunity money. Although it is oftentimes a misunderstood space in personal finance, it is the most valuable tool for building liquid emergency money. In this episode, Spencer Shaw and Kim Butler discuss the reasons why whole life insurance is a better investment than other options like savings accounts or CDs. They mention that the monthly premium forces you to save, the life policy earns a higher rate of return, and the growth is not taxed. They also talk about how this investment is long-term and can be passed down to future generations. Spencer and Kim also talk about the advantages of life insurance as an investment. They explain that the industry is regulated by the state, rather than the federal government and that this makes it more trustworthy. They also explain that life insurance companies are mutual companies, meaning that they are owned by their policyholders and that this gives them more control over their own destinies. 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/ Show Notes The big WHY: Why should you start whole life insurance? What is liquid money? The importance of life insurance Why whole life insurance is the best way to build wealth Benefits of life insurance Why the life insurance industry matters Working with a mutual life insurance company 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Do you use artificial intelligence in your personal and business life? How does using AI help simplify your tasks? In this episode, Spencer Shaw and Kim Butler discuss open AI and how it is changing the world as we know it. They talk about how technology is revolutionizing the way we think about and use artificial intelligence. They also share how this technology is impacting our lives and how we can use it to prosper. 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/ Show Notes Innovations in Open AI and technology The benefits and risks of Artificial Intelligence What the future of AI and bots look like What are the benefits of using AI in financial planning? 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

What are the things you're grateful for this year? The conversation centered around the importance of having a prosperous mindset going into the new year. Spencer and Kim discuss how to shift your mindset to be more prosperous. Kim recommends starting with physical activity to wake up your body and mind, and then connecting with a dog to find joy in the moment. Kim also mentions that it is important to take some time to reflect on what we are grateful for and to focus on what brings us joy. She said that this will help us overcome any challenges that we may face in the new year. 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/ Show Notes How next year will be a prosperous one Kim's take on prosperity, physical activity, and gratitude How she get her mind to come back and to be prosperous Things she's grateful for 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Racing to pay zero taxes is a race to the bottom and nobody wins. With the end of the year fast approaching, how can you minimize the amount of tax you're paying for? For today's episode, Spencer Shaw and Kim Butler share the seven different tax-related strategies that people can use to reduce their taxable income. They caution against letting the tax tail wag the financial dog, meaning that people should not pursue tax benefits at the expense of their financial well-being. They also emphasize the importance of understanding opportunity costs when making decisions about taxes. 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/ Show Notes Paying zero taxes Different investments that can help with taxes Benefits and risks of tax-advantaged investments Should you contribute to your 401k? The seven best tax strategies for the end of the year Role of life insurance in your tax strategies 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

People are making money in ways that may seem unconventional, but there are opportunities for making money everywhere. Whether it's selling photos of surfers in Bali or charging people to name their babies, there are ways to make money if you're willing to think outside the box. In this episode, Spencer Shaw and Kim Butler discuss the difference between money and wealth. Money is everywhere, but wealth is something that is built over time. They also talk about the importance of saving money and investing in yourself in order to be successful. 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://twitter.com/jakobgreenfeld/status/1529477419685408768 Show Notes Is money truly everywhere? The difference between money and wealth Making money in unexpected ways What Udacity is and how it works The importance of starting early when saving and investing Money from good and 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Is going to college necessary? While a lot of people will argue that everyone should go and get a college education, there are also many successful people who think that going to a university is not for them. In this episode, Spencer Shaw and Kim Butler talk about college planning and how it can be detrimental to a student's success. They discuss the new book, Busting the College Planning Lies, how these lies can cause students to waste time and money, and provide advice on how to avoid them. Spencer and Kim also debunked the different college alternatives for families and kids who don't wish to go to college. 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/ Show Notes Busting the College Planning Lies: What is it all about? How many people have concerns about funding their kid's college education Major concerns surrounding funding for college Cutting costs without cutting value College alternatives for the family 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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

Should children learn the value of money as early as they can? How can you teach kids to prioritize their needs over their wants, like picking the needs for new clothes rather than wanting a new toy? For this episode, Spencer Shaw and Kim Butler discuss the importance of teaching delayed gratification and saving money to kids. They talk about the benefits of having an abundant mindset when it comes to money at a young age. Spencer and Kim also reiterate the importance of investing and how it can create more wealth than saving money. 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://twitter.com/rajatsonifnance/status/1586350049130414082?s=46&t=pkw-nA-BuCYCFAn1QBuYZQ Show Notes What are the 11 money rules for kids? The benefits of teaching kids to prioritize needs over wants Practicing delayed gratification Giving back and counting your blessings Are mistakes good? Which has more impact: Saving or investing? The ten ways to build 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! Call to Action Get access to our first beta list: Email [email protected] using the subject line Cash App 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