The Prosperity Podcast

We are coming up towards the end of the year...now, don't wait until December 31st to write down your goals for next year! Kim and Spencer talk about long-term thinking, so take notes and enjoy! 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes 2020 as your trampoline year - 0:31 It is up to you to choose 2020 as a trampoline year - 1:28 The beginning of a decade - 2:15 Being an entrepreneurial thinker - 3:08 What's visionaring? - 5:56 Finances are long term - 9:57 You can do more if you save more - 11:52 All starts with our thinking - 12:52 Making long-term decisions - 14:52 Get ready for a trampoline year - 17:33 Special Listener Gift Free eBook: Financial Planning Has Failed 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 dive into the world of real estate where they discuss the historic low interest rates, some tax implications, and how they think it is going to be 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes The real estate investing game - 0:32 Real estate as a right thing for you or not? - 1:02 One of the best ways to reduce taxes - 1:58 What does real estate investing mean? - 3:26 Do not speculate with real estate - 5:40 Life insurance as a product - 8:05 All real estate investors need a place to store cash - 8:47 A reasonable rate of return - 13:14 Using financial calculators - 15:57 Getting access to capital - 18:32 Special Listener Gift Free eBook: Financial Planning Has Failed 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 talk about some of the historic changes that we are seeing in our world, and one of those major changes is about interest rates. The feds said that rates are going to be near zero for a number of years… Kim discusses this with her awesome expertise on this topic. 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes Focus on what we can control - 0:56 We always need to be careful - 1:43 Having an emergency fund - 5:41 Life insurance as a fabulous place to store cash - 6:33 Seeking new opportunities - 9:00 Special Listener Gift Free eBook: Financial Planning Has Failed 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, Kim and Spencer take a community question about the various permanent types of life insurance policies. Take notes and enjoy! 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes What's the definition of permanent? - 0:43 Types of life insurance - 1:25 Permanent or non-permanent life insurance policies - 2:14 The biggest issue - 3:22 Guaranteed and permanent work together - 3:37 You can benefit from life insurance - 5:08 The idea of a permanent product - 6:29 Talking about universal life policies - 7:09 Premium isn't guaranteed - 8:39 An introductory book for you and another one for a deeper dive about life insurance - 12:57 Special Listener Gift Free eBook: Financial Planning Has Failed 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 dive deeper into a listener's question: "How do paid up additions affect dividends?" They give a great answer to this question, so be sure to stay tuned! 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes Sharing knowledge with you - 1:50 What do you think when you hear the word "premium" - 2:41 Premium builds cash value - 3:16 Understanding more about paid up additions - 4:23 A dividend non guaranteed to be paid - 5:17 What's going on with dividends - 6:52 Making a real estate investment - 10:04 What will drastically benefit you long term - 11:17 You do not have to go to the bank and ask for a loan - 12:55 Special Listener Gift Free eBook: Financial Planning Has Failed 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 talk about what the difference is between guaranteed and non guaranteed cash value life insurance. You'll learn how this affects you and your family's finances. 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes How to understand this - 1:25 The future projection of payments of dividends - 2:10 Dividends are not guaranteed to be paid - 3:33 Using the Truth Concepts Software - 4:38 What happens when a dividend gets paid - 6:57 The whole idea of financial planning - 9:39 What requires life insurance - 10:22 Encourage people to move forward - 13:43 A guaranteed and non guaranteed rate - 14:43 What's the guaranteed cash value? - 15:27 Kim talks about her book and why you should read it - 16:59 Special Listener Gift Free eBook: Financial Planning Has Failed 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 the life insurance world, there's a phrase called "Human Life Value". In this episode, Kim and Spencer explore this topic: how to understand it, and find out what number fits for you. 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes An internally used term - 0:35 Understanding Human Life Value - 1:06 Human Life Value calculation - 2:44 What happens when we have other investments - 5:55 Figure out what you need - 7:06 Death is a guaranteed event - 8:28 Whole life insurance and term insurance - 12:02 Guidance that will help - 12:44 Insurance the older generations first - 14:38 Special Listener Gift Free eBook: Financial Planning Has Failed 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 talk about cash flow, salary, income, and much more. How can you increase your income? To find the answers, listen to this episode! 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes Learning more about taxation - 2:08 Having an entrepreneurial mindset - 2:49 Wanting to create more cash flow - 4:39 Cash flow passive income type - 5:25 Talking about tax brackets - 8:07 Turning an asset into cash flow - 12:06 Time is the variable - 14:34 An aspect of time - 15:45 Being clear on the why - 16:36 Special Listener Gift Free eBook: Financial Planning Has Failed 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

Are you familiar with the term "adulting"? Kim and Spencer talk about what it is, and how prosperity got over adulting. 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast https://www.goodnewsnetwork.org/its-amusing-the-ways-each-generation-defines-adulting/ Show Notes The generation that is coming up now - 1:00 Getting clear about this word - 1:22 Adulting could be around finances - 1:59 The top twenty signs of being an adult - 3:01 Understanding and monitoring your credit score - 5:07 Build your opportunity fund first - 6:39 Watching the news - 8:20 Starting the morning with coffee - 11:08 Special Listener Gift Free eBook: Financial Planning Has Failed 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 how to create an income from your policies when you are in your nineties, but if you don't think that you will make it into your nineties, Kim will advise you what to do instead. 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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.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 http://partners4prosperity.com/category/podcast Show Notes The killer is television - 0:57 What happens in your nineties - 1:15 Answering a listener question: "How do I create income?" - 1:56 The word "annuity" is not well used - 4:02 85 is better than 80 - 4:49 Creating lifetime income - 5:30 The risk of longevity - 6:10 What's the whole point of insurance? - 7:34 Having multiple policies - 8:50 Using the death benefit while you are living - 10:27 Special Listener Gift Free eBook: Financial Planning Has Failed 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