The Prosperity Podcast

Kim and Spencer talk about interest rates on investments and what to do if they go up or go down.   They also talk about the two categories of investments.   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 Interest rates related to investments -1:01 The most liquid asset: liquid money - 1:54 Investments into two categories: an income creator or a growth creator  - 5:06 Investments creating income - 6:05 Kim tells us what is "medium turn time frame" - 6:40 Five to ten years to growth investments - 7:10 Kim recommends us not to use average in investments - 11:26 She recommends us to have a financial calculator - 12:40 The stock and real estate are not the only places for investments - 13:50 Alternative investments for credit investors - 14:40 Kim's recommendation: Learn and be a seeker of information - 15:15 Books to learn more about investments - 17:00   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

Keith Weinhold is a writer for Forbes and the owner of getricheducation.com and where he teaches others about Real Estate investing.   Keith explains to us the five different ways that real estate investors get paid and what actually is real estate and cash flow.   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 welcome@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 http://partners4prosperity.com/category/podcast Connect with Keith GETRICHEDUCATION.COM keith@getricheducation.com   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes Keith's background - 2:33 How did he start in the Real Estate arena - 3:40 Stop looking for properties - 5:38 The property is the fourth most important thing in Real Estate investing - 6:25 The most important thing in Real Estate investing is yourself - 6:40 What is Access Housing Capacity - 10:45 Keith talks about interest rates - 12:10 One of the distinctions between the middle class and the wealthy - 13:40 In Real Estate you can ethically get other people’s money to work for you - 14:20 You use people’s money in three ways - 15:40 Combining life insurance and Real Estate - 16:20 Keith shares with us extra ways that real estate investors can get paid - 18:10 Keith shares with us the importance of "keeping score" in the Real Estate - 25:00   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 interest rates and what happens in the real estate market. They also talk about what to do in the interest rate world. 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 What do we do in the craziest interest rate world? - 1:01 Kim recommends us to seek information about interest rates from authors that write in the newspaper - 1:40 Kim tells us to stay off the news because they aren't helpful - 2:26 What is a "decent" rate? - 3:10 Kim's recommendation about interest rates and media - 4:00 What is a zero percent loan?- 6:40 Kim talks about her husband and the financial calculators for financial advisors - 9:20 Kim tells us the importance of life insurance cash value - 10:40 Spencer tells us to see Robert Kiyosaki's rules - 13:00 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 money, the way people look at it and make it grow. They tell us that money isn't good or bad and the most simple ways to look at it. You’ll also hear how money affects you and your family and how to gain a financial education.   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 talking and reading books give us different perspectives about money - 0:46 Kim tells us that she doesn't think about money in a philosophical perspective - 1:06 Be very conscious about money  - 1:20 With work, money can come - 5:40 Spencer shares with us how he views money - 6:40 He tells us how he teaches principles about money to his kids - 7:38 Kim shares with us the story about the savings habits of her son: Robby - 8:50 One important aspect of money is that it gives us flexibility - 11:18 She encourages us to think of our philosophy about money - 13:56   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

Understanding IRA money and how it fits into your finances is critical for growth. Kim and Spencer share with us the different types of investments that use IRA money and also tell us about 'Unrelated Business Taxable Income - UBTI'. 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 Types of investments that use cash money - 1:33 A particular rule in the IRA world - 2:19 What is 'Unrelated Business Taxable Income - UBTI'? - 3:47 Understanding IRA money - 6:06 IRA’s and growth - 6:32 Why the worst asset to die with is and IRA - 10:30 Life Insurance Death benefits - 11:53 What happens if you don't pay IRA taxes? - 12:30 Cash money should be invested to create income - 13:30   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 what you need to do if you decide to make the next step in your finances and how to have a little bit of organization around them. Kim also shares with us how a Prosperity Profile is a tool to help people get organized.   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 What is Prosperity Economics? - 1:41 Help people know how things act in the future - 1:52 Having a phone conversation to really listen to people and help them prosper - 3:36 Choose the right product that will fit your finances - 5:30 Uses of a Prosperity Profile - 6:05 Have a strategy with financial planning products - 6:40 Products against a strategy - 7:49 Kim's recommendation to read: "Financial planning has failed" - 11:29 Which is the real key to an efficient financial planning? - 13:30 Treat your finances like a business - 14:36 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

We’ve talked about Robby Butler who is Kim’s son but we’ve never had him on as a guest. In this episode you’ll get to hear from a different generation that thinks about prosperity. Robby shares how money is a tool and why his mom encourage him to save money.   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 Robby's background - 0:50 Some of the things that Robby Butler has learned from his mom: Kim Butler - 2:19 Robby shares with us how college kids think of money - 3:57 Some stories about Robby's childhood - 6:30 Robby tells us that fundraising is based on relationships - 9:20 There’s a currency that people are seeking besides money - 11:47 A fundraiser job shows any donor that their money is making an impact - 13:55 Principles that his mom continue to teach him - 15:00   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

Life insurance and your savings are your runways. In this episode, Kim and Spencer talk about the importance of having cash at home because it is the most important money that all families have in emergencies. They also talk about Kim's nephews story and the purpose of a life insurance policy.   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 importance of having a family bank - 1:09 Understanding what a bank is - 1:23 Having a cash reserve - 3:27 Kim’s nephew: Seth's story about his life insurance policy - 4:38 Why you should have a life insurance policy - 5:51 The best financial decision to make - 8:07 Recommendation for the book: "Live Your Life Insurance" -12:02 Having an Emergency Opportunity Fund - 13:25   Review and Subscribe If you like what you hear please leave a review by clicking here Having Savings, Saves Families - Episode 258   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

It’s a terrible idea to retire with better options to avoid than doing nothing. According to Kim, the key to never retire is finding work that you love to do. She also talks about the “unique ability” and how millennials see retirement. 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 welcome@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 http://partners4prosperity.com/category/podcast https://www.amazon.com/Busting-Life-Insurance-Lies-Misconceptions/dp/154060697X https://www.amazon.com/Live-Your-Life-Insurance-Butler/dp/1441486895   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes The “unique ability” definition by Dan Sullivan talks about doing work that you love and one that never stops improving. - 3:14 Why retirement is a new concept and how people used to die in the field. - 5:00 Kim’s “unique ability” is finding solutions to any problem. - 6:00 If you don't like your job then find another one, but don't retire. - 10:18 Taking a vacation or sabbatical is necessary so we can come back rejuvenated. - 14:06 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

You’re going to learn the most common mistakes people make when buying a home. Some of these mistakes seem unconventional and maybe even leave you thinking you will purchase your next home differently. 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 https://www.amazon.com/Busting-Interest-Rate-Lies-Discover-ebook/dp/B01DX0JP6I   Special Listener Gift Free eBook: Financial Planning Has Failed   Show Notes 0:55 - When you should you decide to buy a home. 2:06 - How putting more money down is a mistake. 4:27 - Getting a 30 year mortgage vs a 15 year mortgage. 8:42 - Understanding the two sides of buying a house. 10:19 - Avoid buying from a scarcity mindset. 12:08 - The difference between purchasing your first home and a more seasoned home.   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