The Prosperity Podcast

Risk is not the investment! Kim busts the myth of “no risk, no return” and many others in this jam-packed episode. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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 talks about whether an investment is risky or not - 0:59 Why people take on risks - 1:51 Understanding risk tolerance questionnaires - 1:56 Kim tells us that the risk is on the investor side - 3:26 What is the investor mindset? - 4:10 Why it’s a personal choice to do an investment - 6:26 Kim explains the difference between “traditional and typical” - 7:19 Similarities in traditional thinkers - 11:40 Why you need to invest in yourself - 13:49 Kim recommends the Seven Principles Of  Prosperity as an opportunity filter for any investment - 15:19   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

At some point, most of us will be faced with having to care for an aging parent. Kim and Spencer talk about the challenges of the life cycle and how do to emotionally prepare for this. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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 http://www.fivewishes.org   Show Notes Kim talks about one of the biggest challenges we have as adults - 1:27 When you have to start parenting your parents - 1:36 A common view in our society: when one gets old they decline and die - 2:35 Kim tells us that we don't have to decline mentally and emotionally - 3:18 What does the home health environments create? - 6:13 Caring for elderly parents - 7:13 The two periods of time that is extremely expensive for life - 7:58 The first steps that Kim gives to get prepared - 8:20 Kim recommends www.fivewishes.org - 8:52 Spencer recommends the listeners to ask Kim personal questions - 10:57   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

This episode is all about gratitude and it begins with you the listener. We are so thankful that you listen in week after week and send us questions. Kim also shares insightful experiences where gratitude pulled her out of challenging circumstances and shares strategies on how you can do it too.   Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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 Why podcasts are about the future - 1:16 How Kim and Spencer are grateful for all their listeners - 1:46 Specific things for being grateful for - 2:09 Kim is being grateful for working with Spencer - 3:17 The importance of being taught to be grateful - 3:28 Spiritual gratitude as a part of everyday life - 3:50 Not only being grateful for the material things but also adding in the inspirational aspect - 4:26 Being grateful for the people in our lives - 5:14 The importance of giving first - 9:13 Spencer shares his gratitude for knowing Kim as a person - 10:10 We almost become like a family - 11:11 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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

If you have a term life insurance policy that is aged, or you wanting to just convert that policy to a whole life policy this is the episode for you. Kim and Spencer talk about the maximum cash value method so you can make the best decision.   Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes Kim talks about a term policy - 3:25 Switching to one type of policy from another - 3:38 Kim tells us that in India, people understand what is a term policy, and a Life Insurance Policy - 4:28 The next steps a person should take? - 6:15 Kim talks about the importance of savings - 6:45 How Kim would approach a case study situation - 8:44 Understanding the Death Benefit - 9:35 They talk about "Human Life Value" -10:13 Minimum Death Benefit and Maximum Cash Value Method - 11:16 Kim recommends a book: "Live Your Life Insurance" - 15:15   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS  

Kim and Spencer talk about how we learn and what we are learning in today’s world. Also, Kim shares some of her favorite books and the things that she is currently learning about. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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 Never Stop Learning by Bradley Staats When by Daniel Pink The Message by Eugene Peterson Science and Health by Mary Baker Eddy Reverse Mortgages by Wade Pfau New York: The Novel by Edward Rutherfurd The Good Good Pig by Sy Montgomery  What Would the Rockefellers Do by Garrett Gunderson Willpower Doesn't Work by Benjamin Hardy The AND Asset by Caleb Guilliams What Matters by Cam Thornton and Rob Zeeb Head I Win, Tails You Lose by Patrick Donohoe Mindset by Carol Dweck   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes Kim shares with us the books that she is reading right now - 0:55 "Never stop learning"; "When"; "The Message"; "Science And Health"; "Mortgages"; The Novel; “New York"; "The Good, Good Pig"; Mindset, and other books you should check out -  2:13 Why Kim loves reading business books - 3:41 A specific book about Life Insurance - 5:10 The books Kim plans to write - 7:54   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

The retirement phase of life is more complicated than you think. In this podcast, Kim and Spencer dive into the specific situation when people fall into the retiree lifestyle continually facing the challenge of what to do with their new found “free days”. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes The definition of “free day” according to Strategic Coach - 1:22 Focus days and buffer days - 2:33 Addressing the necessary items versus the fun stuff - 5:47 Why Kim separates free days from vacations - 8:15 Understanding retirees' obligations - 9:59 Kim’s retirement time system -12:08   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

In this listener question episode you’ll hear if it’s better to get a home equity loan or refinancing a property. With the current marketplace of low rates and high speculation this is for sure a dicey topic. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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 Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes Get a home equity loan or refinancing the property? - 1:38 Kim explains the details of a home equity loan - 1:55 Are you solving a long-term problem with a short-term solution? - 3:43 Understanding mortgages - 4:48 Borrowed money requires payments - 5:32 What “liquidity” means in this case - 6:55 Kim tells us the importance of thinking carefully- 11:50   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

In this podcast, Kim and Spencer talk about direct recognition versus non-direct recognition: Two different ways of charging for loans. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes How a life insurance company charges for loans: direct recognition and non-direct recognition - 1:00 Kim talks about direct recognition: the loan will be affecting the dividend - 1:40 A positive effect of borrowing cash value - 2:20 Kim explains to us what is non-direct recognition: doesn't impact the dividend - 3:30 Kim tells us that life insurance companies don't check credits - 6:46 What's the best thing to do to take the next step?: always learn, learn, learn - 7:35 Kim shares with us a special email for the podcast listeners - 8:25   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

Have you ever wondered what happens at the life insurance medical and how to prepare for the exam? Join Kim and Spencer as they walk you through the life insurance medical and what you should expect from it. In in this occasion, you will find out what you can do to be the master of your finances with Life Insurance Medical! Do you have a question we can talk about it on the show? Go and share it with us at hello@partners4prosperity.com. 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   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes What to expect at the life insurance medical - 1:38 When they may do an ECG - 2:20 The process of getting a life insurance physical - 2:59 What actually affects your longevity - 7:11 Questions you can prepare for by yourself - 7:30 What happens in a life insurance exam - 8:53 What your Life Insurance is going to do for you -  9:09 Using the death benefit and how it applies to you - 10:52 How life insurance is a savings account - 12:40 Why life Insurance is boring, but effective - 13:30   Review and Subscribe Do you like what you hear? Please, leave a review by clicking here   Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

In this podcast, Kim and Spencer talk about the different types of capital in our life. They tell us that there is more than financial capital, there are other two types of capital that affect our financial one: the mental and the relationship capital. Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances 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   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes They talk about the "mental capital" - 1:06 Mental capital: what you have in your thinking every single day - 1:16 Kim tells us the importance of thinking in your thinking - 3:39 Kim shares with us her "airplane story" as an example of mental capital - 4:11 The relationship capital - 8:06 They talk about the financial capital - 10:23 How relationship capital and mental capital affect financial capital - 10:28 The importance of our thought - 14:04   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. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS