The Prosperity Podcast

Tune in to the Prosperity Podcast as Kim offers her no-nonsense insights on current mortgage rates and refinancing. With a straightforward perspective, she shares the importance of locking in a fixed rate and compares it to life insurance’s long-term benefits. Get financial wisdom for today and future clarity! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler To be invited into Currence send an email to hello@prosperitythinkers.com with the subject line: Currence   Show Notes Historical perspective on mortgage rates. The value of a 30-year fixed mortgage. Comparing mortgage rates to past decades. Locking in mortgage rates below 8%. Life insurance and long-term financial planning. Understanding the impact of present value math. The desire for wealth and financial freedom. Personal experience with wealth in early career. Advice for young investors: don’t fear high values. Importance of preserving principal. 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 RSS

In this episode of The Prosperity Podcast, learn how small financial tweaks can yield big long- term gains. Fresh from a top financial advisors’ event, Kim shares surprising money habits that can transform your financial future. It’s all about saving as a verb! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler To be invited into Currence send an email to hello@prosperitythinkers.com with the subject line: Currence Show Notes Saving as a verb vs. a noun Savings linked to control Importance of monthly cash flow control Capturing extra dollars can mean millions Smoothing income fluctuations for business owners Conscious choices during high-income months Reducing decision fatigue with fewer financial sessions Prosperity Pledge Membership benefits Tax planning reminder for the end of the year Wealthy individual prioritizes cash reserves Prep now for future opportunities 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 RSS

On this episode of the Prosperity Podcast, special guest Teresa Sheridan, an expert from Prosperity Thinkers, breaks down the complexities of life insurance. With nearly 20 years in the field, Teresa shares a step-by-step guide, from policy inception to usage and renewals. If you’re confused about whole life insurance, this episode is a must-listen for clear insights and practical advice. Teresa’s expertise in designing policies tailored to individual needs will help you navigate insurance decisions with confidence. Tune in to understand the full spectrum of life insurance and plan effectively for the future! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler Connect with Special guest Theresa Sheridan from Prosperity Thinkers theresa@prosperitythinkers.com     Show Notes Overview of the podcast’s topic. Teresa’s 20-year experience with Prosperity Thinkers. Common points in the life insurance process where clients get hung up. Complexity of whole life insurance. Strategies to make whole life insurance understandable and appealing. Importance of long-term thinking in life insurance. Explaining whole life insurance benefits including long-term care. Floor and ceiling concept for policy design. Convertible term for maximum future flexibility. Importance of not just cost but value in insurance planning. Use of illustrations in life insurance for projections. Checking in regularly with clients to update their policy based on life changes. Encouragement for listeners to start conversations to understand their insurance needs. 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 RSS

In this episode of the Prosperity Podcast, hosts Kim and Spencer unpack the hidden costs of private wealth management and the impact of fees on your long-term financial health. Discover why traditional wealth managers may not be worth their fees and how opportunity costs can erode your wealth. Kim uses real-life scenarios to highlight the staggering effect these fees can have over a 30-year period. Essential listening for anyone looking to take control of their financial future! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler https://x.com/moizali/status/1831063524707369424?s=12&t=Wx4UH3H0WqT4Xg1RSCK9hA   Show Notes Defining private wealth Hidden cost of fees Long-term impact of fees Example of compounding fee costs Opportunity cost of fees Misunderstanding fee impact Critique of private wealth management Misaligned incentives in wealth management The illusion of unique advisors Automated trading vs. human managers Monkey with darts analogy Misalignment of interests with clients Importance of liquidity and cashflow Differentiating prosperity thinking from wealth management 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 RSS

On this episode of the Prosperity Podcast, Kim unravels the mystery behind financial bubbles and dispels misconceptions fueled by the media. Learn vital strategies to manage cash flow and liquidity, and hear firsthand stories of those who thrived and those who ailed during past bubbles. Discover the power of a prosperous mindset and practical steps to ensure your financial resilience. A must-listen for anyone seeking financial stability and growth! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler  https://prosperitythinkers.com/wealth/cagr-vs-average-annual-return/  Show Notes Interest rates and their misunderstood impact. Financial bubbles and the math behind averages. People’s reactions to financial uncertainty. Importance of thinking long-term in personal finances. Addressing real estate bubbles and market conditions. Principle of thinking prosperously. Lessons from the 1980s savings and loan crisis. Cash flow and liquidity during financial crises. Wealthy individuals’ strategies during economic downturns. Effects of greediness and lack of proper cash flow. Providing perspective and support during financial crises. Role of liquidity and cash flow in financial strategy. How financial strategists can help provide clarity and air. 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 RSS

In this must-listen episode of the Prosperity Podcast, Kim Butler breaks down the critical question, “Where do you store your cash?” Drawing from 30+ years of financial expertise, Kim shares invaluable insights on the distinction between savings and investments, dismissing the common pitfall of chasing fleeting interest rates. Instead, she highlights the stability of whole life insurance from mutual companies as a superior cash storage solution. Tune in to grasp how you can secure your financial future with confidence and peace of mind. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler  Show Notes Savings versus investments distinction. Chasing interest rates is futile. Whole life insurance as a cash storage solution. The impact of liquidity on quality investment opportunities. Context of cash-heavy trends in the financial community. The importance of clarifying emergency fund levels within families. Advising against frequent changes in liquid accounts due to interest rates. Mutual Life Insurance as a safe, reliable liquid storage option. Misunderstandings and misinformation about whole life insurance. The value of long-term financial products over short-term solutions. 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 RSS

In this engaging episode of the Prosperity Podcast, meet Emma Herman in her debut appearance. Dive into her unique journey from maxing out a 401k to leveraging whole life insurance for real estate investments. Gain valuable financial tips and discover what being a Prosperity Thinkers means to her. A must-listen for fresh perspectives on financial freedom! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler Connect with Emma Herman emma@prosperitythinkers.com     Show Notes Emma’s interest in personal finance sparked by fiancé. Fascination with life insurance for real estate leverage. Transition from traditional 401k to whole life insurance policy. Emma’s approach to leveraging life insurance for real estate. Description of Emma’s real estate investments. Balancing real estate investments with life insurance repayments. Advice to friends and peers about affording property. Explanation of financial discipline and transitioning strategies. Emma’s role in advising personal financial strategies with insurance. Importance of tailoring advice to individual financial stages. Emma’s definition and view of Prosperity Thinkers. 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 RSS

On this episode of the Prosperity Podcast, financial expert Kim Butler reflects on the advice she would give her 18-year-old self. From earning and saving money early on to understanding the value of hard work, Kim shares invaluable lessons. Spencer also chimes in with his experience, making it a discussion rich with practical insights. Whether you’ve been handed financial opportunities or have earned them through hard work, this episode emphasizes the importance of gratitude and leveraging your resources wisely. Tune in for an inspiring and actionable conversation! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler    Show Notes Kim’s early financial journey: Milk money and college without debt. Financial habits: The importance of work and saving. Challenges today: Kids and early work opportunities. Spencer’s background: Music career and Silicon Valley insights. Seeing opportunities and racing to them. Relationship dynamics: Earning vs. being given financial support. Observations in college: The difference in student behaviors based on financial backgrounds. Finding communities within college based on financial responsibilities. Crossing over: Being responsible regardless of financial background. Key advice: Gratitude and leveraging opportunities. Managing inherited and earned wealth: Tips for listeners.   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 RSS

Join Prosperity Thinkers for an enlightening discussion on the power of ordinary actions in achieving extraordinary results. Inspired by a tweet from a business influencer, Kim and Todd Langford share insights from their 30-year careers and emphasize the importance of consistent, “boring” inputs to succeed in personal finance and beyond. Discover practical steps to improve your financial health and relationship with money. A must-listen for anyone seeking long-term prosperity! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/ https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler https://x.com/i/bookmarks?post_id=1818630283219833115     Show Notes Tweet highlighting boring inputs lead to exciting outputs. Personal experiences in long-term careers. Essence of boring yet essential financial products. Drawing parallels between life insurance and personal finance. Human behavior in finance: science vs. art. Importance of consistent, repetitive actions for success. Fast-food society vs. the need for patience. Balancing quick starts with the need for systematic work. Essential element: saving or paying yourself first. Long-term cash flow management’s critical role. Combining technology and traditional methods in saving. The impact of inflation on long-term finances. Relationship with money: prosperity mindset. Fear-based modes and wealthy individuals. Power dynamics in financial capability. Fear-based financial planning and its consequences. The detrimental notion of retirement. Wealthy individuals’ philanthropy and ulterior motives. Short-term vs. long-term financial gains. Encouragement for listeners to aim for long-term financial stability. 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 RSS

In this episode of the Prosperity Podcast, Kim and Spencer dive into back-to-school routines with practical tips for families. Learn about the three essential E’s: Expectations, Expenses, and Extra Pay, and how these can foster financial competency in kids. With Kim’s unique insights from being raised by teacher parents and her experiences as a community leader, this episode offers actionable advice to help young families navigate financial lessons at home. Perfect for parents looking to instill valuable life skills in their children! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity. 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/ http://prosperityparents.com/  https://prosperitythinkers.com/action/ https://www.youtube.com/@KimDHButler    Show Notes The “three Es” for back-to-school routines. Kim reflects on the importance of financial competency over financial literacy. Starting expectations without monetary reward. The significance of teaching children about expenses. Extra pay for additional tasks and fostering a work ethic. Practical application of pay rates and job evaluations. Encouraging entrepreneurial thinking in children. Using project-based payments to teach value of work. Communicating new routines effectively within the family. Recalibrate routines and habits as the seasons change. 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 RSS