The Prosperity Podcast

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 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/ 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 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/  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 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/  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 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/    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 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/  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 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/  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 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/  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 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/ 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 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/  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 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/ 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