The Prosperity Podcast

Learn all about liquidity with Kim and Spencer and how you can set up your finances to make it work 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes Talking about liquidity - 1:12 What's liquidity? - 1:50 Money that you can get and having access to it - 2:24 Cost fee and interest rate - 3:47 Value and liquidity - 4:34 The first job of liquid money - 5:28 Liquidity for emergencies - 6:18 Not having an emergency fund - 8:26 What liquidity does - 9:39 Financial liquidity - 13:30 Emergency fund and opportunity fund - 16:42 The best vehicle to create an emergency fund - 17:37 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

Most people avoid talking about money and death. Kim and Spencer share how to make these conversations easy and even a great learning experience for all. 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.visualcapitalist.com/rapid-rise-in-life-expectancy/ Show Notes Diving into the taboo subjects - 0:09 Money and death - 0:35 The importance of discussing money in a family - 1:21 Why are those subjects taboo? - 3:14 Appreciate your savings - 5:56 The definition of an investment - 7:28 Saving and investing - 8:41 The taboo subject of money - 12:15 The opportunity side of life insurance - 12:53 What is your legacy - 13:45 Questions are a helpful tool - 15:10 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

Taking the prosperity idea challenge is a game we can all play whenever we need to pause and recalibrate. The acronym of PIC stands for Pause, Internalize and Compliment. Listen in and see if you would like to take on this challenge today. 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes The Prosperity Idea Challenge - 0:10 Making a situation prosperous - 1:58 What we can do in a challenge - 2:38 What Kim has learned throughout the years - 5:32 Learning and practice skills - 6:50 Having a positive mindset - 7:42 The ability to pause and take a breath - 10:30 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

When you see 0% offers for cars, furniture, or other promotions it's critical to get the entire picture. In this episode, Kim and Spencer unpack the purpose of these offers and how to remove emotions from the purchase so you can make the best decision. 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 Kim's story - 0:24 A phrase that Spencer uses - 2:21 What are 0% APR promotions and other misleading offers? - 5:36 Furniture stores and opportunity - 7:01 Taking control of the situation and your emotions - 9:06 Using the Principles of Prosperity - 10:36 Thinking with a prosperous mindset - 11:39 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

Gold and silver is a popular topic right now. Kim and Spencer share their insights and when it is the best time to buy. 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 Owning gold and silver - 0:29 Should you buy gold and silver? - 1:26 Buying gold as an investment - 2:17 The idea of certainty that people are seeking - 3:54 Putting things in your home that can help you change your mindset - 5:11 Take action and move on - 5:57 The opportunities during a crisis - 6:16 Spencer's experience in Ecuador - 6:52 Having prosperous thinking - 7:38 Take a look into the cryptocurrency space - 8:02 A new currency - 8:30 Opening our thoughts to new ideas - 8:44 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 the financial mistakes that you should avoid during a crisis. They define what a crisis is and what to do through one. 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://partners4prosperity.com/cash-from-scratch/ Show Notes What is a crisis? - 0:28 What to do if you have an opportunity - 1:50 The importance of how you look at the situation - 2:13 Looking at things differently - 2:35 One of the financial mistakes to avoid - 2:51 Dangers and opportunities right now - 3:39 Not having liquidity is a danger - 5:38 Prepaying a mortgage - 6:41 Today's opportunities - 8:41 Different opportunities during a crisis - 9:45 Having a bread machine - 11:23 A family dinner environment - 11:37 The opportunities that will arise for investors - 12:28 Specific categories of assets classes - 13:44 Learning helps us grow - 14:12 The size of our thinking - 14:59 The worst thing that we can do right now - 15:32 The importance of having an entrepreneurial mindset - 16:56 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

What should you do when you have credit card bills at this unbelievable time: pay your bills or not? Listen to Kim and Spencer's insights. 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 Pay off debt? - 0:52 Lower your credit limit - 1:30 Saving money - 2:08 Savings is more important right now - 2:19 Keep extra cash in the bank - 2:44 Thinking with a prosperous mindset - 3:46 At what point does it make sense to pay off credit cards? - 4:59 Credit card interest rates - 5:44 The importance of having savings - 6:35 Handling emergencies - 7:12 What we should do right now - 7:50 The amount of credit scores - 9:07 Your financial balance sheet - 11:02 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

With the rise in sickness and death, there is a lot of uncertainty circulating around how life insurance companies pay death claims and take care of their responsibilities. 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes Many people that are dying - 0:17 Being conscious of death - 0:40 Life insurance companies and industries - 2:12 Life insurance companies dealing with death - 3:42 Death is a serious thing - 4:36 Life insurance companies and death claims - 4:58 Companies that are dealing with today's situation - 7:41 What to do if you have the particular virus - 9:59 Term life insurance as a valuable product - 11:06 Human life value calculation - 13:02 What is the convertible term insurance - 13:44 Living in unbelievable times - 17:07 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

While securities are volatile, there is one industry that remains constant. Find out why cash value whole life insurance is safe based on their business model and principles. 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 on this episode go to http://partners4prosperity.com/category/podcast https://www.amazon.com/Federal-Reserve-Everyone-Needs-Know%C2%AE/dp/0199934479 https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212 Show Notes The safety of whole life insurance - 0:12 Understanding the financial principles - 2:03 Life insurance company business models - 2:49 The life insurance industry - 4:06 The most important asset - 4:20 Federal Reserve and central bank issue book - 5:08 Key books to read - 5:59 Continue taking action - 6:29 How you can grow your cash value - 7:09 Cash value and life insurance - 8:11 What are the dividends? - 10:21 Truth Concepts calculators - 12:21 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS

Human ingenuity is going to help us get through these unbelievable times. Kim and Spencer talk about what they have control over, what they are thinking about, and how you can prosper even when it feels chaotic. 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 on this episode go to http://partners4prosperity.com/category/podcast Show Notes What's happening today - 1:04 Entrepreneurial spirits - 1:15 Mindsets ready for the transition - 2:24 What we can control - 3:13 Creating and promoting positivity - 3:40 Finding ways to create value - 4:02 Being future-focused - 4:41 Growing in a time of crisis - 5:29 What will lead us forward - 6:23 What can I control right now? - 7:07 Having massive learning possibilities - 7:59 Taking care of your mind - 9:19 Taking distance - 10:56 Trying to find more prosperity in your life? - 11:50 Starting your own podcast - 13:03 Podkick's work - 14:14 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 to your favorite podcast player to get the latest episodes. iTunes Stitcher RSS