The Prosperity Podcast

There is a gap between the rich and the ultra wealthy. For today’s episode, Kim and Spencer give their sentiments on the YouTube Channel called Rich versus Really Rich. This channel usually creates shorts, reels, and tech talks. In the video, a guy plays three roles: rich guy, manager of a business, and a really rich guy. As Kim and Spencer delve deeper into this topic, you will find out the difference between a rich and a really rich guy in terms of actions and how they talk. They will also discuss how mindset and self-identity play an essential role in this discourse. 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. Show Notes Talk and act: knowing the difference between the rich and really rich Knowing who you really are Why is mindset important? Who always takes advantage of opportunities? Attitudes with the daily activities Collaboration, respect, and kindness: treating people equally Importance of focusing on the constraint Faith as an aspect of prosperity The value of paying someone in exchange for their expertise and service What happens when decisions are made out of fear? Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Rich vs Really Rich channel 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

What do you do with an idea you recently thought about? For today's bonus episode, Kim and her sister Tammi, start a series of podcasts based on three kids' books. Kim and Tammi want to talk about these books through the lens of an entrepreneur. They believe that children's books contain principles directly applicable to running a business. As they discuss, they tackle the first of the three books written by Kobi Yamada, What Do You Do With an Idea. Imagine how a 20-page book can contain a 200-page worth of business lessons. With its amazing pictures, kids can quickly grasp powerful messages with their young minds. 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. Show Notes Books written by Kobi Yamada How kids books contain business-applicable principles What to do with an idea Why ideas seem to be fragile for us The idea has to have love with it Importance of commitment and time Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Wealth Renegade Podcast What Do You Do With an Idea by Kobi Yamada 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

Focus on preparing instead of planning. For today’s episode, Kim and Spencer take a deep dive into the principle and value of preparing rather than planning for your future. As they contend on the topic of focus, Kim also shares the learnings she got with her training and experiences as an advisor and what it really looks like working with prosperity-minded people when it comes to preparing for what is yet to come. Kim and Spencer also discuss what real estate and life insurance have in common and why listeners should start listening to the Wealth Renegade Podcast. They also talk about what sustainable wealth is and why it is important to start building one. Sustainable wealth is having wealth that will sustain your family, sustain you both mentally and in times of emergency and opportunity. So instead of planning, start preparing for your sustainable wealth and foundational items. They’ll be there for more centuries 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. Show Notes The value of preparation over planning What Kim learned with her training as an advisor How it looks for Kim as she works with prosperity-minded people How being single or not matters when it comes to deciding what your protection and preparation plans should be What sustainable wealth is and why is it important? What real estate and life insurance have in common The Wealth Renegade podcast Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/ Wealth Renegade Podcast 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

People by nature always want fast results. In this episode, Kim and Spencer argue that taking a long-term approach to investment will yield a greater reward than short-term investments, despite their seeming convenience. Their conversation revolves around insurance as a place to store cash for the future and why it is essential to have confidence as an entrepreneur. They also share how to prospect with certainty and prosperity. In life, our desires are often motivated by fast results. We want to lose weight in 10 minutes at the gym and have a better body. But we learn that this isn't sustainable or healthy; if you want something bad enough, it will take time – just like your financial goals need time to mature into something lasting. You need to be ready for the long game. You don't have to be a millionaire to start investing. 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. Highlights: The difference between a prospect and a client. Why investment and finance is a long-term journey. Insurance as a place to store cash. The importance of building relationships and helping people in prospecting confidently. Certainty and prosperity for both prospects and clients. Links and Resources from this Episode For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/  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

Money is not everything, it affects everything. In this episode of Prosperity Thinkers, Spencer and Kim talk about the importance of paying attention to Economic Laws and how a business runs its personal finances. The said practice will lead you to success in terms of finance. According to them, personal finance is a capital flow that passes through the family to be preserved and controlled. Because of the misconceptions that exist, it is important to handle this space. 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/ Live Your Life Insurance - A book by Kim Butler Show Notes What does personal finance mean? - 0:13 Definition of financial literacy - 3:23 Helping clients: protection, savings, retirement, debt, and investment - 5:00 People skipping the personal finance steps: failing to look at things holistically - 7:32 A relevant story on personal finance - 10:53 Looking at the car insurance deductible and prepaying mortgages - 12:29 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

Everybody wants to have peace of mind. The question is “HOW?” In this episode of Prosperity Thinkers, Spencer and Kim delve deeper into the process of infinite banking. They emphasize how cash value should perform two vital roles: solve emergencies where a liquid account should be borrowed instead of a credit card and open opportunities for investment and buying new businesses. Because of this, Kim shares how life insurance can provide this cash flow which equates to having peace of mind. 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/ Live Your Life Insurance - A book by Kim Butler Show Notes Nelson Nash: Becoming Your Own Banker Concept - 0:30 Whole-life is the product, banking is the idea - 3:24 Cash value: solve emergencies and open opportunities - 5:18 Home equity credit line - 8:11 Liquidity is equal to peace of mind: The support of life insurance - 11:15 The guaranteed access - 13:42 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

Do you really need that life insurance? What are the benefits of having one? Kim and Spencer take a deep dive into whole life insurance as a whole. They talk about why you should get a life insurance instead of investing in another multifamily or another fund. Kim also cites the different benefits of having one and how you can take advantage of the opportunities in buying life insurance. Listen to Kim and Spencer as they talk about why it’s never too late to buy life insurance. 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/   Show Notes Reasons for the topic, Alternatives to Cash. - 0:13 Understanding the space of a mutually owned life insurance company. - 3:01 The variables. - 3:37 Focusing on what you can control is critical. - 5:01 Why life insurance when you can just get another multifamily or put it in another fund? - 6:13 Life insurance is one product we may not be able to buy tomorrow. - 8:51 The problem with investing in companies with younger investors. - 12:53 The presence of whole life insurance in your personal economic environment will benefit you. - 15:03 It’s never too late to buy whole life insurance. - 16:00 The benefits of having whole life insurance. - 17:04 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

Prosperity is defined by more than just material and financial wealth. Kim and Spencer examine the various definitions of the word "prosperity" as well as other related topics. Prosperity is a noun and a verb. It contains a spiritual component. And money, according to Kim, has an impact on everything, including the things that are most important to every individual – time and relationships. Topics such as savings simplification, asset automation, and financial faith installation are also discussed. Listen in to learn how your mindset affects your ability to flourish. 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 definition of “Prosperity” - 0:40 It starts in the mind: Prosperity mindset vs. fearful mindset - 3:24 Learning how to be positive - 5:45 Awareness is an important variable for change: shifting the physical and mental state - 8:30 Delving into a work that you love - 12:02 The prosperous cycle: why shouldn't you participate? - 12:58 A prayer of affirmation: writing a prosperity note to a little one - 15:30 Share your own definition of prosperity - 18:38 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

Everyone wishes to have a restful night's sleep and a stress-free day. However, the argument remains: HOW? Kim and Spencer's discussion on whole life insurance continues. This episode focuses on the death benefit, the second most important financial advantage of whole life insurance. Kim and Spencer reuse their last episode's analogy of a house to get more people on the same page. The death benefit, according to Kim, is like a protective roof. Individuals frequently forget about this protection on a daily basis, despite the fact that it has had a significant impact on their lives from the start. Listen in to learn how you can use your death benefit while you're still alive. 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 Death benefit: A roof of protection - 0:38 Guaranteed payment for guaranteed event: utilizing death benefits while living - 3:15 The light bulb moment from reluctant people - 5:08 Savings as a verb and as a noun - 8:06 Distribution and payment during the event - 9:03 Do not make any decisions around death claims upon receiving - 10:54 A hundred years of emergencies and opportunities - 14:23 From “what if?” to “what is”: set it for your loved ones - 16:29 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

Do you believe that we get more, when we know more? How can we accumulate liquid funds for emergencies and uncertainties? Kim and Spencer focus their discussion on critical aspects of whole-life insurance. It is, they believe, the foundation of everything. However, it has amassed a number of myths over time. In this episode, Kim and Spencer clarify these misconceptions and reveal the reality of whole life insurance. The discussion concentrates on the first of its two main functions: emergency fund storage. 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/ Live Your Life Insurance - A book by Kim Butler Show Notes The foundation of everything: Whole-life insurance - 1:00 A Twitter thread from a finance expert: debunking one of his two hard rules - 1:16 A product that survived over 200 years: delving into its truths - 2:34 Two parts of whole life insurance - 4:38 Basing facts on death benefits and failing to understand the living benefit - 5:02 The variable that causes schism: The Wall Street Game - 7:19 What happens to our money in the 50s and 60s - 9:42 Why people are uneducated about whole-life insurance - 10:47 Look at your sources, feed your mind with correct information - 13:23 Sharing the truth and the analogy of a house: Living your life insurance - 14:25 Live your life insurance: Learn more, further your education! - 18:40 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