The Prosperity Podcast

They say that people die twice: The first time is their physical death and the second time is the last time their names get mentioned. While life is still ahead of us, should you start preparing as early as now? In this episode, the conversation between Spencer Shaw and Kim Butler centers around wealth protection and the need for preparing for what to come upon your death. This episode not only covers wealth protection, but also family protection, memory protection, and more. The conversation emphasizes the importance of capturing personal stories, lessons learned, ideas, and values for the next generation. They talk about preserving your memories through photos and videos using digital storage solutions. Kim also discusses the importance of estate planning and how to prepare for the future. She suggests getting final expenses worked out and decided upon so that the next generation won't be burdened with the cost. Estate planning is important to ensure that one's wishes are taken care of and their family is not left with a financial burden. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode. Links and Resources from this Episode https://protectmyplans.com/ https://www.heritagecremationprovider.com/ https://www.fivewishes.org/ https://twitter.com/businessbarista/status/1622633176081235971 https://twitter.com/kimdhbutler Get access to the Currence app by sending an email to hello@prosperitythinkers.com with the subject “Currence.” For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/   Show Notes Protecting digital assets and values for future generations How protectmyplans.com can help prevent the lengthy digital assets recovery Different prompt questions that will be valuable in getting things recorded in a way that would be helpful to the next generation Preserving wisdom for the future generation by recording audios and videos Estate planning for long-term prosperity protection by preparing for final expenses The benefits of planning for end-of-life decisions on an 80-year-old’s perspective Tips to spending time with your grandchildren and family Pre-paying funeral costs to save families from extra financial stress Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!  Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

After working hard to create your personal wealth, the next step is the need to protect it. And one way to do that is to acquire insurance to protect yourself from major financial loss. Wealth protection can be achieved through life insurance, taxes, and asset formation. Other strategies such as reverse mortgages, charitable remainder trusts, and single premium immediate annuities are also effective.  In this episode, Spencer Shaw and Kim Butler talk about the different strategies such as to protect liquidity and assets from taxes. They also suggest involving family members in wealth protection by using the Perpetual Wealth Book and game, having family retreats, and talking about values and lessons to pass down.  Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode. Links and Resources from this Episode Get access to the Currence app by sending an email to hello@prosperitythinkers.com with the subject “Currence.” Perpetual Wealth: How to Use "Family Financing" to Build Prosperity and Leave a Legacy for Generations: https://www.amazon.com/Perpetual-Wealth-Financing-Prosperity-Generations-ebook/dp/B0965MDDLJ For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/   Show Notes What is Wealth Protection? Different strategies for minimizing tax expenses Impact of taxation on wealth protection strategies Benefits of protecting your wealth through whole life insurance Real estate wealth protection strategies for long-term financial security Exploring different strategies for multiplying retirement wealth Involving family members in wealth protection Resources for intergenerational wealth transfer Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!  Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

We all have money concerns from time to time: We want to continue paying the bills, we want to earn more money for investments, and we want to save more for retirement.  But to start getting the financial freedom and success that you’re aiming for, what’s the first step?  In this episode, Spencer Shaw and Kim Butler discuss the Prosperity Ladder, an infographic created to help people understand their financial situation and progress. Kim explains that the ladder is useful for people of all ages and financial backgrounds, from those just starting to earn money to those who are more established. She also emphasizes the importance of the conversation about personal finance and the impactful view it provides. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode. Links and Resources from this Episode Get access to the Currence app by sending an email to hello@prosperitythinkers.com with the subject “Currence.” For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Get the Prosperity Ladder Infographic: https://drive.google.com/file/d/1WGnW08W40yAOaLubmjYJbYn6mqyB-KMZ/view  Show Notes Exploring the Prosperity Ladder The different categories of wealth The ladder of poverty to prosperity Exploring the financial journey from subsistence to prosperity Establishing the different savings tools for financial security The benefits of opportunity funds and prosperous mindsets for achieving financial prosperity Importance of knowing yourself when investing Rebranding the word “prosperity” for the next 30 years Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!  Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Good news Prosperity Thinkers! After releasing the Currence app, we got positive feedback from users. They’ve already seen positive results such as AHAs and the value of converting conscious spending into unconscious savings. To get access to the app, send an email to hello@prosperitythinkers.com  with the subject line "Currence" today. In this episode, Spencer Shaw and Kim Butler discuss some of the hidden benefits of the Currence app. With the app, users can convert conscious spending into unconscious savings and have an accountability coach right on their phone to automate good measuring and reporting around savings. Additionally, Spencer and Kim talk about emergency funds and opportunity funds, and the importance of having both. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode. Links and Resources from this Episode Get access to the Currence app by sending an email to hello@prosperitythinkers.com with the subject “Currence.” For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Check out the article here: Going Through Levels of Wealth Show Notes Exploring the benefits of the Currence app Why should you start rearranging your financial operations? Utilizing Currence to improve your savings exponentially Streamlining payroll and savings using the Currence app The benefits of life insurance: Taxation and cheat codes Tax-free income opportunities through life insurance Establishing better habits and understanding emergency funds Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!  Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

When the members work together to achieve the same goal, team collaboration occurs. As each member of the team has their own unique skills, they can help solve the problem from a different angle and provide a more creative solution. But how can you apply collaboration in your personal life? In this episode of the Prosperity Podcast, Spencer Shaw and Kim Butler discuss the surprising benefits of collaboration. Kim explains that Dan Sullivan, her coach, and mentor, has talked for years about the importance of collaboration and how much more valuable it is than the competition. She then shares her experience of teaching her children the power of collaboration without intentionally doing so. According to Kim, when children learn something without being forced to, it is always the best and most valuable lesson. Furthermore, Kim and Spencer discuss how collaboration can be used to create a better future, build strong relationships, and open up new possibilities. They also emphasize the importance of collaboration being done in a respectful and positive manner. Together, they highlight the importance of collaboration and the many positive outcomes that can come from it. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at 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/ Check out the article here: Going Through Levels of Wealth Show Notes The many benefits of collaboration How collaboration works Collaboration thru Kim Butler and Dan Sullivan’s eyes and perspective Executing collaboration and giving first The power of listening and human connection Collaboration: The secret sauce to solving problems and connecting with others How to become more collaborative   Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Happy 500th episode of the podcast! As we celebrate this milestone, for today’s episode, Spencer Shaw and Kim Butler reflect on the journey, noting how listeners have grown with them over the years. They share how they stumbled upon the podcast as a space to communicate with clients and people interested in becoming clients. Spencer and Kim also discuss the growth of podcasts in the past five years and how technological advances have made them more accessible and easier to produce. They share their insight on how podcasts are different from traditional radio, noting that podcasts are about positive forward motion, rather than focusing on negative historical commentary. Spencer and Kim also believe in lifelong service and want to activate that in everyone they talk to, and they believe the podcast is one way to do that. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at 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/ Check out the article here: Going Through Levels of Wealth   Show Notes Our goal: To produce a podcast that can provide value to listeners through personal finance advice, information, action steps, and encouragements Benefits of podcasts and radio Decentralizing talk radio The power to gravitate toward achieving prosperity One of the “ah-ha’s” of the podcast: When a client is ready to come on Financial commentary and intergenerational wealth ideas for 2023 and beyond Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Call to Action Get access to your own Cash Flow data by joining our by invitation-only Currence app+account structure. Email hello@prosperitythinkers.com with the subject Currence app+account and we'll invite you in. Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

How can you go from being in the lower middle class to the upper middle class? Is it even possible? If so, how can you go and raise your level of wealth? For today’s episode, Spencer Shaw and Kim Butler discuss different levels of wealth. They explain that the bottom is an emergency fund, the middle class is often stuck, the upper middle class is when you become an accredited investor, and the upper class is when passive income exceeds expenses. The middle level of wealth is often where people get stuck because they don't have a clear plan for the next step. To help with this, it's important to create an opportunity fund so you know where to invest your money. Spencer and Kim also highlight the importance of having a clear plan and goal in order to move to the next level of wealth. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at 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/ Check out the article here: Going Through Levels of Wealth Show Notes Exploring the different levels of wealth What the very bottom of wealth looks like Moving from middle to upper middle class Accelerating social mobility through mindset and relationships Upper class is when passive income exceeds expenses Why people are stuck in their levels of wealth Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

How do you keep track of your expenses and finances? Do you use the traditional pen and paper to jot down the numbers you’re spending or saving or do you take advantage of the technology to effectively track your finances? For today’s episode, Spencer Shaw and Kim Butler discuss a new innovation for tracking finances: Currence. What exactly is Currence? Currence is an app and account that tracks finances and optimizes them based on the Profit First methodology. It puts all income into its account and automatically schedules payments out of it each month, so users have a better handle on their money. To get access to the Currence app is by invitation only. Email hello@prosperitythinkers.com with the Subject: “Currence” to get access. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at 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/ To get access to the Currence app, it is by invite only. Email hello@prosperitythinkers.com with the Subject: Currence to get access. Show Notes The Currence app tracks finances and optimizes them based on the Profit First methodology Automatically schedules payments out of your account each month What goals to have before you start using the Currence app Prosperity Thinkers offers financial advice and guidance Helps users take control of their money Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Whole life is an insurance product that is designed to help families build and store emergency opportunity money. Although it is oftentimes a misunderstood space in personal finance, it is the most valuable tool for building liquid emergency money. In this episode, Spencer Shaw and Kim Butler discuss the reasons why whole life insurance is a better investment than other options like savings accounts or CDs. They mention that the monthly premium forces you to save, the life policy earns a higher rate of return, and the growth is not taxed. They also talk about how this investment is long-term and can be passed down to future generations. Spencer and Kim also talk about the advantages of life insurance as an investment. They explain that the industry is regulated by the state, rather than the federal government and that this makes it more trustworthy. They also explain that life insurance companies are mutual companies, meaning that they are owned by their policyholders and that this gives them more control over their own destinies. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at 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 big WHY: Why should you start whole life insurance? What is liquid money? The importance of life insurance Why whole life insurance is the best way to build wealth Benefits of life insurance Why the life insurance industry matters Working with a mutual life insurance company Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Do you use artificial intelligence in your personal and business life? How does using AI help simplify your tasks? In this episode, Spencer Shaw and Kim Butler discuss open AI and how it is changing the world as we know it. They talk about how technology is revolutionizing the way we think about and use artificial intelligence. They also share how this technology is impacting our lives and how we can use it to prosper. Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today! Do you have a question you would like answered on the show? Please send it to us at 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 Innovations in Open AI and technology The benefits and risks of Artificial Intelligence What the future of AI and bots look like What are the benefits of using AI in financial planning? Special Listener Gift Free eBook: Activating Your Prosperity Guide. Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! Call to Action Get access to our first beta list: Email hello@prosperitythinkers.com using the subject line Cash App Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. iTunes Stitcher RSS