
The Prosperity Podcast
704 episodes — Page 7 of 15

Ep 394The Psychology of Wealth - Episode 394
You may have heard about the book, The Millionaire Next Door, but Kim and Spencer are going to go beyond that. They will be talking about the psychology 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Having a prosperous mindset - 0:45 The mental side comes first - 1:51 Mental frameworks are easy to change - 2:55 Shift your psychology about money - 3:35 Treat money as the resource that it is - 6:08 Spending what you have - 6:59 How you can improve your psychology - 7:43 Kim's book: Perpetual Wealth - 8:04 The Millionaire Next Door - 9:15 Money is a magnifier - 9:30 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 393How to "Think Like" Others - Episode 393
"Thinking like'' is an experiment that Kim and Spencer did before hitting the record button for this episode! Thinking like other persons in a specific situation of how can you step in their shoes and more… Get into this adventure with them! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Put yourself in another's shoes - 1:01 Thinking like the other person - 2:02 Gaining a different perspective on a situation - 2:32 Having some senior statements - 3:23 Thinking like an owner or an entrepreneur - 5:15 "Thinking like" can be beneficial - 6:30 Valuable insights that Kim shares in a newsletter - 6:57 Thinking more prosperously - 8:08 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 3924 Different Types of Money - Episode 392
Do you know there are 4 different types of money? Kim and Spencer talk about the 4 different types and how to invest and save more wisely. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes The foundation of the 4 types of money - 0:43 Money that you earn that you spent on yourself - 2:03 The kind of money that you earn that you spent on somebody else - 3:00 Working with money that was not earned but that you still need it to spend something for yourself - 4:49 Helping children to understand this process - 6:13 Understanding the sources of money - 7:45 One of the best ways to install consciousness - 11:48 Take a moment to think - 12:19 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 391Do You Have a NOT To Do List? - Episode 391
In today's episode, Kim and Spencer talk about your not-to-do list. New Year is starting out and we have a to-do list and we have to also focus on what not to do. Take notes! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Being conscious on what not to do - 0:43 Not wanting to listen to people that are in victim mode - 1:02 Kim's do not want to do list next year - 1:30 What you do not want to invest in - 1:51 Do not want to be around people that do not want to take responsibility - 2:48 The idea of time blocking - 4:05 Not necessarily setting goals - 5:50 A goal is limiting, Kim prefers to have vision - 6:18 Create your not to do list - 9:06 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 390Giving First for a Prosperous Christmas - Episode 390
Spencer and Kim have something special they want to share with you today! The holidays are a prosperous time, a stage of gratitude and to think about prosperity. How to get a mindset of prosperity for all 365 days? 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Giving gets celebrated - 1:45 We are always learning - 2:21 Giving first - 2:41 Transferring and transforming - 3:17 A time to disconnect and focus - 5:06 Getting good results - 9:19 Kim's favorite books - 11:10 What do you want to do in 2021 - 11:30 Free days first - 12:20 The Prosperity Vaccine - 13:57 The best holiday season ever! - 18:00 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 389How Can I Afford Something? - Episode 389
Kim and Spencer talk about how you can afford the payments, if you should, and why Kim and Spencer talk about the word "afford". 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Affording the payments - 0:45 Affording payments mentality - 1:03 What you can do to be able to afford something - 4:09 Shifting to how can I afford something - 5:17 All of our clients are aware of the human life value amount - 12:00 Affording payments for life insurance - 13:26 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 388Don't Cancel Your Life Insurance Until You Hear This - Episode 388
Kim and Spencer talk about how you can replace life insurance plans. You'll want to listen to Kim's insights about 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 Economics 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 http://partners4prosperity.com/category/podcast https://partners4prosperity.com/exchange-life-insurance-policy/ Show Notes Talking about term insurance - 0:41 Other types of policies that are not permanent - 1:55 Talking about financial success - 2:25 Paying the startup costs twice - 3:20 The best of both worlds - 5:44 Kim's book - 8:54 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 387Work Smart AND Hard AND Take FREE Days - Episode 387
Work smart and hard! Learn how to do both by listening to Spencer and Kim's insights. Be sure to take free days, as they are important in your life. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Work smart and hard - 1:13 Defining "free" days - 1:26 For some retired people, every day is the same - 3:14 What means working smart - 3:48 We should do our very best - 7:28 Giving ourselves free days - 9:13 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 386How Partners Create Gratitude - Episode 386
The week of gratitude is coming up! Do you know what "partners" mean? Kim and Spencer talk about this term and why that word means something different than what people think. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Why the word "partners" - 1:01 What implies a partnership? - 2:02 Creating a partnership community - 3:05 A partnership relationship - 5:45 When partnerships go wrong - 6:36 A time of gratitude - 11:36 A time to look for a partner - 13:04 An example of gratitude - 17:38 Being familiar with the Principles of Prosperity - 21:04 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 385Preventing Entitlement - Episode 385
There's very little more annoying than an entitled kid(s). If you are a parent or in a relationship that could cause you to be passing wealth, you'll want to listen to this episode. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes About college - 0:51 Understanding the term "entitlement" - 2:02 A shift in language - 2:56 The entitlement trap - 4:22 The wrong side of entitlement - 4:47 Wanting more for your kids - 6:37 Kim's book addresses this issue - 7:30 What are you doing to help future generations? - 11:34 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 384Involving Faith in Your Finances - Episode 384
Kim and Spencer talk about a trampoline year and how you can accomplish your goals if you have faith. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes What's having faith for Kim - 0:50 Thinking less selfishly - 1:15 Having faith in a higher power - 3:23 Having a space for faith in her finances - 4:26 The Path to Wealth book - 5:56 Trying to manage every single piece - 8:01 What faith can do for a business - 8:27 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 383How to Make 2020 a Trampoline Year - Episode 383
We are coming up towards the end of the year...now, don't wait until December 31st to write down your goals for next year! Kim and Spencer talk about long-term thinking, so take notes and enjoy! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes 2020 as your trampoline year - 0:31 It is up to you to choose 2020 as a trampoline year - 1:28 The beginning of a decade - 2:15 Being an entrepreneurial thinker - 3:08 What's visionaring? - 5:56 Finances are long term - 9:57 You can do more if you save more - 11:52 All starts with our thinking - 12:52 Making long-term decisions - 14:52 Get ready for a trampoline year - 17:33 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 382Real Estate Investing in 2020 - Episode 382
Kim and Spencer dive into the world of real estate where they discuss the historic low interest rates, some tax implications, and how they think it is going to be 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes The real estate investing game - 0:32 Real estate as a right thing for you or not? - 1:02 One of the best ways to reduce taxes - 1:58 What does real estate investing mean? - 3:26 Do not speculate with real estate - 5:40 Life insurance as a product - 8:05 All real estate investors need a place to store cash - 8:47 A reasonable rate of return - 13:14 Using financial calculators - 15:57 Getting access to capital - 18:32 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 381What to Do With Historical Low Fed Rates - Episode 381
Kim and Spencer talk about some of the historic changes that we are seeing in our world, and one of those major changes is about interest rates. The feds said that rates are going to be near zero for a number of years… Kim discusses this with her awesome expertise on this topic. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Focus on what we can control - 0:56 We always need to be careful - 1:43 Having an emergency fund - 5:41 Life insurance as a fabulous place to store cash - 6:33 Seeking new opportunities - 9:00 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 380Understanding the Different Types of Life Insurance Policies - Episode 380
In this episode, Kim and Spencer take a community question about the various permanent types of life insurance policies. Take notes and enjoy! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes What's the definition of permanent? - 0:43 Types of life insurance - 1:25 Permanent or non-permanent life insurance policies - 2:14 The biggest issue - 3:22 Guaranteed and permanent work together - 3:37 You can benefit from life insurance - 5:08 The idea of a permanent product - 6:29 Talking about universal life policies - 7:09 Premium isn't guaranteed - 8:39 An introductory book for you and another one for a deeper dive about life insurance - 12:57 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 379How Paid Up Additions Affect Dividends - Episode 379
Kim and Spencer dive deeper into a listener's question: "How do paid up additions affect dividends?" They give a great answer to this question, so be sure to stay tuned! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Sharing knowledge with you - 1:50 What do you think when you hear the word "premium" - 2:41 Premium builds cash value - 3:16 Understanding more about paid up additions - 4:23 A dividend non guaranteed to be paid - 5:17 What's going on with dividends - 6:52 Making a real estate investment - 10:04 What will drastically benefit you long term - 11:17 You do not have to go to the bank and ask for a loan - 12:55 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 378Guaranteed vs Non Guaranteed Cash Value Life Insurance - Episode 378
Kim and Spencer talk about what the difference is between guaranteed and non guaranteed cash value life insurance. You'll learn how this affects you and your family's finances. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes How to understand this - 1:25 The future projection of payments of dividends - 2:10 Dividends are not guaranteed to be paid - 3:33 Using the Truth Concepts Software - 4:38 What happens when a dividend gets paid - 6:57 The whole idea of financial planning - 9:39 What requires life insurance - 10:22 Encourage people to move forward - 13:43 A guaranteed and non guaranteed rate - 14:43 What's the guaranteed cash value? - 15:27 Kim talks about her book and why you should read it - 16:59 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 377Human Life Value - Episode 377
In the life insurance world, there's a phrase called "Human Life Value". In this episode, Kim and Spencer explore this topic: how to understand it, and find out what number fits for you. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes An internally used term - 0:35 Understanding Human Life Value - 1:06 Human Life Value calculation - 2:44 What happens when we have other investments - 5:55 Figure out what you need - 7:06 Death is a guaranteed event - 8:28 Whole life insurance and term insurance - 12:02 Guidance that will help - 12:44 Insurance the older generations first - 14:38 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 376Income Maximization vs Cash Flow Maximization - Episode 376
Kim and Spencer talk about cash flow, salary, income, and much more. How can you increase your income? To find the answers, listen to this episode! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Learning more about taxation - 2:08 Having an entrepreneurial mindset - 2:49 Wanting to create more cash flow - 4:39 Cash flow passive income type - 5:25 Talking about tax brackets - 8:07 Turning an asset into cash flow - 12:06 Time is the variable - 14:34 An aspect of time - 15:45 Being clear on the why - 16:36 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 375Has Adulting Changed With Newer Generations? - Episode 375
Are you familiar with the term "adulting"? Kim and Spencer talk about what it is, and how prosperity got over adulting. 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 Economics 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 http://partners4prosperity.com/category/podcast https://www.goodnewsnetwork.org/its-amusing-the-ways-each-generation-defines-adulting/ Show Notes The generation that is coming up now - 1:00 Getting clear about this word - 1:22 Adulting could be around finances - 1:59 The top twenty signs of being an adult - 3:01 Understanding and monitoring your credit score - 5:07 Build your opportunity fund first - 6:39 Watching the news - 8:20 Starting the morning with coffee - 11:08 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 374How to Create Income From Life Insurance Policies - Episode 374
Kim and Spencer discuss how to create an income from your policies when you are in your nineties, but if you don't think that you will make it into your nineties, Kim will advise you what to do instead. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes The killer is television - 0:57 What happens in your nineties - 1:15 Answering a listener question: "How do I create income?" - 1:56 The word "annuity" is not well used - 4:02 85 is better than 80 - 4:49 Creating lifetime income - 5:30 The risk of longevity - 6:10 What's the whole point of insurance? - 7:34 Having multiple policies - 8:50 Using the death benefit while you are living - 10:27 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 373How to Teach Kids the Principles of Prosperity - Episode 373
This is a special episode, Spencer and Kim talk about the Principles of Prosperity and how to teach your kids about this important concept. 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 Economics 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 http://partners4prosperity.com/category/podcast https://partners4prosperity.com/subscribe Show Notes Children are so teachable - 0:44 Control: the ability to choose - 1:53 Wanting to teach your kids - 3:52 It is all about control - 4:47 Helping you teach your kids - 7:26 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 372Does the FIRE Movement Work? - Episode 372
What's the fire movement? Spencer and Kim explain and dive into some important concepts: inflation, taxes, and longevity. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes One of the things that Kim is grateful for- 0:16 What's the fire movement? - 0:58 Inflation and longevity - 1:44 About inflation - 2:09 Getting money and certainty - 5:14 The Fire Movement - 7:16 Using the word "retirement" - 8:05 Overcome inflation and longevity - 9:05 Longevity, taxes and, inflation - 10:13 The next step to take - 12:10 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 371Understanding Paid Up Additions for 2020 - Episode 371
Kim discusses the paid up additions and contributions for 2020. Learn more about it in this special edition! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes What are paid up additions? - 2:06 Raising the death benefit? - 2:58 What limits are paid up additions? - 3:71 The seven paid tests - 4:22 The limits for 2020 - 5:35 Ask for your maximum paid up additions for the year - 6:55 Earning dividends - 9:14 What other thing do you have to ask your agent? - 11:26 Life insurance should become the norm for your family - 13:36 What would give you more paid up additions - 15:35 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 370401k Plans Cause Credit Card Debt - Episode 370
Kim discusses 401k plans and how it causes credit card debts. She also shares one of her favorite books that she recently read. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes One of the latest books that Kim read - 0:21 The most amazing listeners - 2:09 One thing you can do as listeners - 2:49 401k and credit card debts - 3:27 Being forced to use credit cards - 4:24 Money where you can control it - 5:46 Have cash on hand - 7:57 Where do you store your cash? - 9:17 The importance of having cash on hand - 10:37 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 369What Does Capitalism Mean to You? - Episode 369
Kim and Spencer dive into the definition of capitalism: how it works, is created, and provides in today's world, its future, and how we can embrace 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 Economics 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 http://partners4prosperity.com/category/podcast http://partners4prosperity.com/ebook Show Notes Kim's definition of capitalism - 0:23 The movement of money - 1:44 Capitalism works, creates and provides - 2:16 Spencer's definition of capitalism - 5:14 How to have conversations with people - 10:45 The tone of voice when you have a conversation - 11:35 Seeking to be understood - 15:44 The principle of control - 17:18 What capitalism is all about - 18:26 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 368Financial and Entrepreneur Reading List of Books - Episode 368
What's a favorite book that you've read recently? Kim and Spencer dive into some financial and entrepreneur book lists that you can use! 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 Economics 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 http://partners4prosperity.com/category/podcast https://www.amazon.com/Letter-Great-Grandson-Message-Advice/dp/074324723X https://www.amazon.com/Disunited-Nations-Scramble-Power-Ungoverned-ebook/dp/B07RB1HMRM https://www.amazon.com/Rich-Kid-Smart-Financial-Paperback-ebook/dp/B017QL9AIS https://www.amazon.com/Education-Millionaires-Everything-College-Successful-ebook/dp/B0052RDJFE https://www.amazon.com/Tuttle-Twins-Learn-About-Law-ebook/dp/B00K7LEUPI https://www.amazon.com/Business-Reality-Checks-Family-Owned-Companies-ebook/dp/B01N4QTGXO https://www.amazon.com/Willpower-Doesnt-Work-Discover-Success-ebook/dp/B073P421QC https://www.amazon.com/Greatest-Salesman-World-Og-Mandino-ebook/dp/B004G8PIQ8 https://www.amazon.com/Alchemist-Paulo-Coelho-ebook/dp/B00U6SFUSS Show Notes Kim's favorite list of books - 1:06 Letter to a Great Grandson book - 2:00 Financial books for kids - 4:15 Books that are great for kids - 6:53 Education of millionaires book by Ellsburg - 7:10 The Greatest Salesman in the world book and The Alchemist book by Coelho - 9:20 We all need to read - 11:46 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 367Stop Coping At Home - Instead Do This… - Episode 367
Instead of coping at home, let's focus on thriving. Kim and Spencer dive into an article on the AARP website. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Coping at home - 3:02 Talking about whole life insurance - 4:04 Coping vs thriving - 4:49 It's easy to say "I can't" - 5:55 It is time to shift our language - 6:18 Think about how you can make things better - 7:46 Giving first and working to provide value - 10:17 Thriving at home - 13:08 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 366How Families Build Generational Wealth - Episode 366
Most people get stuck building wealth using the typical methods which are saving the wrong way, depleting capital to invest, and then relinquishing control. Wealthy families build legacies by following proven traditional methods. Kim and Spencer go deep and talk about making the transition from being a typical thinker and investor, to actually creating generational 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes What they look for in the clients that they help - 1:36 Focusing on your networth - 2:39 Taking responsibility for our finances - 3:44 The traditional thinker - 7:13 Starting to do things differently - 8:58 Having good investments - 15:14 The ability to have liquidity - 18:34 Building and maintaining wealth - 22:20 Opportunity cost - 25:29 Making decisions out of fear - 28:41 The definition of alternative investments - 35:39 The definition of an investment - 36:00 Focus on the deal that you want - 39:40 Take the time to learn - 42:25 The act of savings - 45:20 Providing a better place to store liquidity - 46:11 Alternative financing - 50:07 Creating legacy wealth and generational wealth - 52:10 An important part of legacy - 57:55 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 365What Wealthy People Do Everyday - Episode 365
What are the habits of wealthy people? Kim and Spencer talk about how wealthy people think, act, and what they are thinking and doing with the current world circumstances. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes A dividend line to define wealth - 1:03 The accredited investor definition - 2:07 How are the wealthy responding to this world? - 3:17 Things that we cannot control - 5:16 Looking for deals and willing to buy - 6:48 Focus on what you can control - 8:37 How wealthy people think -10:08 Lessons that Kim and Spencer have learned from millionaires - 14:00 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 364Starting A Career - Episode 364
If you're a recent high school or college graduate, there are boundless opportunities ahead! Kim and Spencer offer work and life advice to help direct you on a clear and successful path. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes What did you learn at school - 1:11 A college graduate that wants to go to work - 1:55 The Shopify example - 3:26 Working from home - 4:18 Looking at the results and paying accordingly - 6:56 Being a more valuable employee - 8:03 Looking at extremely wealthy people - 9:08 An English degree - 12:04 Having a positive mindset - 13:34 Making a career change - 14:07 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 363Understanding Financial Liquidity - Episode 363
Learn all about liquidity with Kim and Spencer and how you can set up your finances to make it work for you. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes Talking about liquidity - 1:12 What's liquidity? - 1:50 Money that you can get and having access to it - 2:24 Cost fee and interest rate - 3:47 Value and liquidity - 4:34 The first job of liquid money - 5:28 Liquidity for emergencies - 6:18 Not having an emergency fund - 8:26 What liquidity does - 9:39 Financial liquidity - 13:30 Emergency fund and opportunity fund - 16:42 The best vehicle to create an emergency fund - 17:37 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 362Taboo Subjects - Episode 362
Most people avoid talking about money and death. Kim and Spencer share how to make these conversations easy and even a great learning experience for all. 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 Economics 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 http://partners4prosperity.com/category/podcast https://www.visualcapitalist.com/rapid-rise-in-life-expectancy/ Show Notes Diving into the taboo subjects - 0:09 Money and death - 0:35 The importance of discussing money in a family - 1:21 Why are those subjects taboo? - 3:14 Appreciate your savings - 5:56 The definition of an investment - 7:28 Saving and investing - 8:41 The taboo subject of money - 12:15 The opportunity side of life insurance - 12:53 What is your legacy - 13:45 Questions are a helpful tool - 15:10 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 361Will You Take the Prosperity Idea Challenge? - Episode 361
Taking the prosperity idea challenge is a game we can all play whenever we need to pause and recalibrate. The acronym of PIC stands for Pause, Internalize and Compliment. Listen in and see if you would like to take on this challenge today. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes The Prosperity Idea Challenge - 0:10 Making a situation prosperous - 1:58 What we can do in a challenge - 2:38 What Kim has learned throughout the years - 5:32 Learning and practice skills - 6:50 Having a positive mindset - 7:42 The ability to pause and take a breath - 10:30 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 3600% APR Promotions and Other Misleading Offers - Episode 360
When you see 0% offers for cars, furniture, or other promotions it's critical to get the entire picture. In this episode, Kim and Spencer unpack the purpose of these offers and how to remove emotions from the purchase so you can make the best decision. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Kim's story - 0:24 A phrase that Spencer uses - 2:21 What are 0% APR promotions and other misleading offers? - 5:36 Furniture stores and opportunity - 7:01 Taking control of the situation and your emotions - 9:06 Using the Principles of Prosperity - 10:36 Thinking with a prosperous mindset - 11:39 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 359When You Should Buy Gold & Silver - Episode 359
Gold and silver is a popular topic right now. Kim and Spencer share their insights and when it is the best time to buy. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Owning gold and silver - 0:29 Should you buy gold and silver? - 1:26 Buying gold as an investment - 2:17 The idea of certainty that people are seeking - 3:54 Putting things in your home that can help you change your mindset - 5:11 Take action and move on - 5:57 The opportunities during a crisis - 6:16 Spencer's experience in Ecuador - 6:52 Having prosperous thinking - 7:38 Take a look into the cryptocurrency space - 8:02 A new currency - 8:30 Opening our thoughts to new ideas - 8:44 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 358What Financial Mistakes to Avoid in a Crisis - Episode 358
Kim and Spencer talk about the financial mistakes that you should avoid during a crisis. They define what a crisis is and what to do through one. 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 Economics 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 http://partners4prosperity.com/category/podcast https://partners4prosperity.com/cash-from-scratch/ Show Notes What is a crisis? - 0:28 What to do if you have an opportunity - 1:50 The importance of how you look at the situation - 2:13 Looking at things differently - 2:35 One of the financial mistakes to avoid - 2:51 Dangers and opportunities right now - 3:39 Not having liquidity is a danger - 5:38 Prepaying a mortgage - 6:41 Today's opportunities - 8:41 Different opportunities during a crisis - 9:45 Having a bread machine - 11:23 A family dinner environment - 11:37 The opportunities that will arise for investors - 12:28 Specific categories of assets classes - 13:44 Learning helps us grow - 14:12 The size of our thinking - 14:59 The worst thing that we can do right now - 15:32 The importance of having an entrepreneurial mindset - 16:56 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 357Should You Pay Off Your Credit Card Right Now or Save? - Episode 357
What should you do when you have credit card bills at this unbelievable time: pay your bills or not? Listen to Kim and Spencer's insights. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Pay off debt? - 0:52 Lower your credit limit - 1:30 Saving money - 2:08 Savings is more important right now - 2:19 Keep extra cash in the bank - 2:44 Thinking with a prosperous mindset - 3:46 At what point does it make sense to pay off credit cards? - 4:59 Credit card interest rates - 5:44 The importance of having savings - 6:35 Handling emergencies - 7:12 What we should do right now - 7:50 The amount of credit scores - 9:07 Your financial balance sheet - 11:02 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 356How Mortality Rates Affect Life Insurance - Episode 356
With the rise in sickness and death, there is a lot of uncertainty circulating around how life insurance companies pay death claims and take care of their responsibilities. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes Many people that are dying - 0:17 Being conscious of death - 0:40 Life insurance companies and industries - 2:12 Life insurance companies dealing with death - 3:42 Death is a serious thing - 4:36 Life insurance companies and death claims - 4:58 Companies that are dealing with today's situation - 7:41 What to do if you have the particular virus - 9:59 Term life insurance as a valuable product - 11:06 Human life value calculation - 13:02 What is the convertible term insurance - 13:44 Living in unbelievable times - 17:07 Special Listener Gift Free eBook: Financial Planning Has Failed 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Ep 355The Safety of Cash Value Whole Life Insurance - Episode 355
While securities are volatile, there is one industry that remains constant. Find out why cash value whole life insurance is safe based on their business model and principles. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast https://www.amazon.com/Federal-Reserve-Everyone-Needs-Know%C2%AE/dp/0199934479 https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212 Show Notes The safety of whole life insurance - 0:12 Understanding the financial principles - 2:03 Life insurance company business models - 2:49 The life insurance industry - 4:06 The most important asset - 4:20 Federal Reserve and central bank issue book - 5:08 Key books to read - 5:59 Continue taking action - 6:29 How you can grow your cash value - 7:09 Cash value and life insurance - 8:11 What are the dividends? - 10:21 Truth Concepts calculators - 12:21 Special Listener Gift Free eBook: Financial Planning Has Failed 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Ep 354Where the Economy is Going - Episode 354
Human ingenuity is going to help us get through these unbelievable times. Kim and Spencer talk about what they have control over, what they are thinking about, and how you can prosper even when it feels chaotic. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes What's happening today - 1:04 Entrepreneurial spirits - 1:15 Mindsets ready for the transition - 2:24 What we can control - 3:13 Creating and promoting positivity - 3:40 Finding ways to create value - 4:02 Being future-focused - 4:41 Growing in a time of crisis - 5:29 What will lead us forward - 6:23 What can I control right now? - 7:07 Having massive learning possibilities - 7:59 Taking care of your mind - 9:19 Taking distance - 10:56 Trying to find more prosperity in your life? - 11:50 Starting your own podcast - 13:03 Podkick's work - 14:14 Special Listener Gift Free eBook: Financial Planning Has Failed 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Ep 353Innovating In a World of Chaos - Episode 353
Looking back at history, some of the most difficult times gave us the greatest innovations. The wagon was replaced by the car and work from home is replacing the office building. Listen to how Spencer and Kim are at a pivotal moment for innovation and what we can do at this unbelievable 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes A transition that we all are facing - 0:11 Kim's experience using technology - 0:31 Working from home - 1:36 When you work from home - 2:40 A complete revolution - 4:04 The efficiency of working virtually - 4:14 Figuring out how to learn - 5:12 It is time to create something new - 6:19 Think about what your self-thoughts are doing to you - 8:14 Learning from the past - 9:33 The importance of gratitude and innovation - 9:58 Using the principles of prosperity - 10:36 Special Listener Gift Free eBook: Financial Planning Has Failed 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Ep 352What to Do In Self-Isolation? - Episode 352
Self-isolation can feel like early retirement, many are realizing they don't enjoy it. Find out how to be a creator in this unbelievable time and take control over your own personal 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes The idea of retirement - 0:20 How you can entertain yourself - 1:26 Creating something new and valuable - 2:36 What's going to be the biggest challenge? - 3:00 What happens if you do not do anything productive? - 3:29 Being careful of the amount of news that you take in - 4:32 Shift your context and think differently- 7:21 We need to control our environment - 8:18 Focus on creating value - 9:58 It is an unbelievable time for the world - 10:52 The seven principles of prosperity - 11:26 Special Listener Gift Free eBook: Financial Planning Has Failed 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Ep 351Annuities - Episode 351
Annuities, what they are, how they work, and how you can be prosperous with them, all of this will be answered in today's episode! Enjoy! 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes Kim's farm update - 0:37 What are annuities - 2:19 Schools of thought about annuities - 3:20 The deferred annuities - 4:04 Benefits of an immediate annuity - 5:15 A place to put your money - 8:11 Do the annuities match with the principles of prosperity? - 9:33 Converting your life insurance policy into annuities - 10:31 What does not provide an annuity - 11:44 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 350Better Your Life by Exploring Whole Life Dividend Options - Episode 350
This week on The Prosperity Podcast, Best-selling author Kim Butler and Spencer Shaw walk us through how to take control of our finances with great strategy and expertise! This week's episode will help us navigate the overwhelming world of dividend options as well as establishing misconceptions believed about life insurance. Tune in today to increase your knowledge on Prosperity Economics, financial thinking, and how to incorporate these strategies in your life with The Prosperity Podcast! 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 with an episode to follow! Links and Resources from this Episode For resources and additional information on this episode, visit http://partners4prosperity.com/category/podcast To ask those difficult questions or have any curiosity on a subject, contact us by emailing [email protected] To learn more about Whole Life Course 101, visit this page to dive into the endless opportunities of knowledge https://partners4prosperity.com/wholelife101/ To sign up for the Whole Life Course 101 visit this page to get registered here www.wholelifecourse.com Show Notes 1:11—Let's Dive In: What is the Best Dividend Option? 1:15—The Insurance Company Dividend 2:25—Dividend Election Much Like Reinvesting: "Sets a new floor for guaranteed cash value that will never go down again." 2:54—"Since This Is a Common Belief, Is This Where We See Many People Staggering?" 3:08—The Staggering Fallacy in Confusion of Dividend Election 3:38—Cash Dividends Are Not Recommended 3:48—Policy and Profit: The Importance of Basis and Tax 4:44—The Long Term Side: Front-End and Back-End 5:00—Reduce Premium: A Strategy Recommended by Life Insurance Agents 5:30—"it is much better for you to be paying your own premium and let your dividends go to either cash or paid of additions than to reduce your premium" 5:46— A Necessary Evil: The Common Belief of Life Insurance 6:05—Truth Logics Calculated, "Numerically Proven and Socially Vetted" 7:00—Benefits of Dividends: Get a Variety of Term Insurance 7:30—Pros and Cons of Term Writers 8:20—Self-Education: The Newest and Hottest Business Model 8:43— "as a society of consumers we need to understand this product, because it is valuable to us." 9:06—The Importance of Life Insurance Terms 9:25—Whole Life Academy 101 Available For All to Purchase 10:05—The Useful Tool of Legal Speak 11:13—Medium Term Policy: Premium Offset Versus Premium Reduce 11:38— "When a Premium is Being Paid, the Cash Value Rises" 12:05—Investment Income That is Greater Than Your Expenses: Payment Premium 12:30—Safety Net: Elect for Dividends to Repay Loan 13:30—The Value of Navigating the Dividend for Your Phase of Life 13:50—Jump into the Whole Life Course to Learn More and Download the Term List 14:40—Be Sure to Send in Those Difficult Questions Today to [email protected] 15:00—Thank You for Listening! Special Listener Gift Free eBook: Financial Planning Has Failed Kim Butler's groundbreaking eBook/audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Download today to listen on your way to work or read the eBook to enhance your knowledge on how you can improve your finances to live a flourishing life! Review and Subscribe We are so glad you joined with us today to become a better version of yourself through listening to The Prosperity Podcast. Tune in for weekly updates on financial advice, Prosperity Economics, and answering those difficult questions! If you enjoyed today's Podcast, be sure to rate, subscribe, and leave a review by clicking here. Subscribe on Your Favorite Podcast Player to Get the Latest Episodes of The Prosperity Podcast! You can find us on the following platforms: iTunes Stitcher RSS

Ep 349What Are You Using Life Insurance For? - Episode 349
Kim and Spencer talk about questions that you will fill out when you have an insurance application and the implications of your answers. Stay tuned! 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast https://truthconcepts.com/ Show Notes What you can find in an insurance application - 1:28 Why do you want life insurance - 1:51 Talking about mortgages - 2:46 Having a prosperity mindset - 3:05 The effect of a business decision - 4:14 Using Truth Concepts software - 4:55 Life insurance as an advanced strategy - 5:19 How to protect the business owner - 6:31 The deferred compensation agreement - 7:20 The use of a life insurance policy - 8:14 Why you are setting up new policies - 9:15 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 348How To Prosper In Pandemonium - Episode 348
Have you asked yourself how I can be prosperous in moments of pandemonium? With the news of fluctuating markets and viruses, Kim and Spencer dive into this unusual topic so you can have an idea of what to do if pandemonium happens. 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 Economics 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 http://partners4prosperity.com/category/podcast Show Notes What to do when pandemonium happens - 0:39 How to control your thinking - 1:26 Our mindset is the beginning of everything - 1:48 Operating from a place of confidence - 3:10 What to do when you are afraid - 3:24 Controlling our thoughts when we are afraid - 4:16 Avoiding the overwhelm - 5:04 You can choose what to focus on - 5:29 Getting your mental peace - 6:18 Choosing how to think - 9:29 The importance of focusing on your mindset - 10:43 We live in a world of complete abundance - 12:14 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 347Time Value of Money - Episode 347
Kim and Spencer talk about an often overlooked, but vital part of looking at your money in the future: which is the time value of money calculation. Stay tuned as they explain this important concept. Enjoy! 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 Economics 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 http://partners4prosperity.com/category/podcast TC Financial Calculators App: https://apps.apple.com/us/app/tc-financial-calculators/id1469848563 TC Financial Calculators App: https://play.google.com/store/apps/details?id=com.truthconcepts.financialcalcs&fbclid=IwAR0S51xcVYWA1E8nu4RI_Gq55QTCR-Un8ZaBKWgCrmAWiFO3lC3YbzV8O64 Show Notes What's interesting about the time value of money? - 1:00 It's easy to make mistakes in personal finances - 1:59 The lack of time value of money - 2:37 Paying less interest on mortgages? - 3:07 Why people do not talk about the time value of money - 5:16 Getting the whole truth using the time value of money - 6:26 Always trying to find the truth - 7:40 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 346Privacy and Asset Protection - Episode 346
Do you know how important privacy and asset protection are? Kim and Spencer will share some insights about how you can have protection from the government by putting your assets into the right vehicle. 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast https://assetprotectionsociety.org/ TC Financial Calculators: https://apps.apple.com/us/app/tc-financial-calculators/id1469848563 and https://play.google.com/store/apps/details?id=com.truthconcepts.financialcalcs&fbclid=IwAR0S51xcVYWA1E8nu4RI_Gq55QTCR-Un8ZaBKWgCrmAWiFO3lC3YbzV8O64 Show Notes What Kim does to have privacy and asset protection - 0:27 Different rules for different states when it comes to protection - 2:28 A way to approach your finances - 3:46 Talking about privacy and asset protection - 6:44 The future value calculator - 7:05 Opportunity cost is one of the biggest areas we make mistakes on - 8:00 Common investments in 401K - 8:48 Protecting ourselves gives us a valuable future - 9:19 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Ep 345The CLUE Method - Episode 345
Learn about how the CLUE Method creates better opportunities to gain control and leverage. Listen as Kim and Spencer explain this method and how it can be valuable for you! 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 Economics 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes What's The CLUE Method? - 0:20 Using the CLUE method - 0:42 "C" stands for control in the CLUE method - 1:05 "L" Stands for liquidity in the CLUE Method - 3:43 "U" stands for use in the CLUE Method - 5:33 "E" stands for equity in the CLUE Method - 6:50 Cash value and equity - 8:28 Increasing the rate of return of property - 11:23 If we look for CLUES, we will find opportunities - 11:47 Follow the clues and follow the money - 12:22 Teach the CLUE Method to your children - 12:42 Special Listener Gift Free eBook: Financial Planning Has Failed 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