The Prosperity Podcast Where To Store Your Cash - Episode 584
In this must-listen episode of the Prosperity Podcast, Kim Butler breaks down the critical question, “Where do you store your cash?” Drawing from 30+ years of financial expertise, Kim shares invaluable insights on the distinction between savings and investments, dismissing the common pitfall of chasing fleeting interest rates. Instead, she highlights the stability of whole life insurance from mutual companies as a superior cash storage solution. Tune in to grasp how you can secure your financial future with confidence and peace of mind.
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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 hello@prosperitythinkers.com 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/
- http://prosperityparents.com/
- https://prosperitythinkers.com/action/
- https://www.youtube.com/@KimDHButler
Show Notes
- Savings versus investments distinction.
- Chasing interest rates is futile.
- Whole life insurance as a cash storage solution.
- The impact of liquidity on quality investment opportunities.
- Context of cash-heavy trends in the financial community.
- The importance of clarifying emergency fund levels within families.
- Advising against frequent changes in liquid accounts due to interest rates.
- Mutual Life Insurance as a safe, reliable liquid storage option.
- Misunderstandings and misinformation about whole life insurance.
- The value of long-term financial products over short-term solutions.
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!
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