Episode 2
Episode 2 - The Principles of Prosperity (5-8)
Wealth Renegade · Robby Butler, Kim Butler
February 24, 202114m 30s
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Show Notes
Kim and Robby continue their discussion of the principles of the Prosperity Economics Movement, and the importance of having principles, and today they explain principles 5 to 8.
Highlights
- The fifth principle: control - 0:55
- A good thing to pay attention to - 2:42
- The sixth principle: liquidity - 3:08
- Having an opportunity fund - 4:02
- Why liquidity is so important - 5:50
- The economic rates principle - 6:03
- Averages and rates of return - 7:45
- The certainty principle - 9:36
- What's having certainty in your financial life? - 10:06 Episode Resources
- https://prosperityeconomics.org/money-myth-6-average-ror-reflects-actual-ror/
- https://www.investopedia.com/
- https://fee.org/
- Mary Kimball Morgan quote: "I find that progress is essential mentally before there can be any externalization of real progress. If I excavate and lay the foundation for a bungalow, I cannot use that foundation for a skyscraper. I must think of a "skyscraper" and adjust my thoughts to its size and demands." - "Education at The Principia" by Mary Kimball Morgan, p. 92
- Connect with Kim Butler and Robby Butler
- www.wealthrenegadepodcast.com
- www.prosperityeconomics.org
- [email protected]