The Prosperity Podcast

Peter Diamandis is one of the world’s most innovative thinking people and in this episode Kim and Todd talk about the new evidences of abundance that Peter often talks about. These evidences touch the many areas of life from health, wealth, energy, food and even the blockchain. This is a great episode to immerse yourself in where the world is going. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast http://www.diamandis.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:05 - Peter Diamandis is the topic of today’s conversation 4:36 - The truth of the world’s global economy 5:41 - Find a way to be apart of GDP and get paid for it 6:53 - How 3rd world countries are going to leap forward 7:23 - Blockchain and government 10:39 - Health and mortality 11:42 - Plummeting teen birth 13:24 - Exponential tech impact on health 15:07 - The environment 15:57 - Drones 16:51 - Energy 19:11 - Food 20:59 - What to watch out for Review and Subscribe If you like what you hear please leave a review by clicking hereSubscribe 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 special episode Kim D.H. Butler shares her personal story with us today. She talks about the early beginning of her career and gives us an insight into her life. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast https://www.amazon.com/Live-Your-Life-Insurance-Butler/dp/1441486895 http://liveyourlifeinsurance.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 2:04 Kim prefers to be a private person 3:48 Kim working a bank job and being introduced to life insurance 5:34 In 1991 she believed you needed to walk the talk and have life insurance 9:15 She left banking in 1990 and started in the insurance / financial planning industry 11:16 Her breaking point with the financial planning industry 15:48 Why she was buying multiple policies over the years 18:18 Dividend rates she was getting on her policies 19:34 If you have a fixed rate loan against your life insurance cash value that’s fixed rate forever 20:26 Another reason why insurance companies are more stable than banks 22:18 In 2004 they purchased an imploded policy from someone else 28:39 Kim wants everyone to learn that whole life insurance is the best way to store cash Review, Subscribe and Share 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

Self worth is the permission to be free. In this episode Kim and Todd talk about how self worth applies to your net worth and what you can do to improve your self worth and become more valuable. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:18 You will never be able to maintain a financial level that you do not believe you are worth 2:13 The #1 skill of entrepreneur is to be able to have self-generated confidence 3:23 What you need to do to increase your income in the marketplace 5:10 People with the highest self worth are willing to give the most 6:37 Why fake it till you make it doesn’t work 7:53 If you’re earning more than $100/hr you should have an assistant 9:29 Where to start to improve your self worth 13:20 Paying it forward and being of service Review, Subscribe and Share 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 a recent CNBC article they talk about how much you should have saved by age 50. Together Kim and Todd talk about this article and go through the principles of savings. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast https://www.cnbc.com/2017/09/01/how-much-you-should-have-saved-by-50.html Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:21 The medium working age family had $5,000 in savings 1:46 If you’re going to retire by age 67 you need a minimum of 6X your salary by age 50 3:03 What are you going to live on when you get close to retirement age? 4:17 The assumption is that your expenses are lower at age 67, but is that correct? 7:01 If you’re 50 you need to be thinking about cashflow living an active lifestyle 7:49 Self worth is so much more important than net worth 9:20 Why even try? Review, Subscribe and Share 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  

“What is an efficient way to transfer wealth to my posterity and still have some control over, and enjoy that wealth?” Kim Butler and No B.S. Money Guy Todd Strobel address this question to help listeners understand their best options. Tune in 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 EpisodeSubmit your questions: hello@partners4prosperity.com Book - The Opposite of Spoiled by Ron Lieber www.partners4prosperity.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes: 00:00 Intro 01:21 “The Opposite of Spoiled--Raising Kids Who Are Grounded, Generous, and Smart about Money”  by Ron Lieber 03:04 How to share wealth with your posterity, but still have some control on it 04:03 Benefits of getting a life insurance policy on a grown child 06:00 Listener question: “Do you need to give to all the kids, and should it be equal?” 07:26 What about the spouse? 09:13 Tax efficient ways of transferring wealth 11:30 The “Family Banking Book” go to hello@partners4prosperity.com to sign up 13:11 What banks don’t want people to know   Review, Subscribe and ShareLeave a review about the podcast 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  

Today’s episode is a listener question from Chris where he’s asking if it makes sense to buy a car using a life insurance policy. Kim Butler and No B.S. Money Guy Todd Strobel address this question to help listeners understand their best options. Tune in 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 in this Episode: Submit your questions: hello@partners4prosperity.com eBook: Financial Planning Has Failed   Show Notes: 00:00 Intro 01:35 Understand the car loan interest rate 02:13 The 3 components to understand in this listener question 04:15 The best thing to do with the down payment. 06:25 If you already have an emergency fund here’s what to do next. 08:12 How to make your car loan least expensive as possible 11:48 Mutual life insurance companies vs typical whole life companies  

Kim Butler and No B.S. Money Guy Todd Strobel share financial wisdom that’s mentioned in a June article from The Penny Hoarder titled “10 Things We Learn From Our TV Dads”. Tune in 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 in this Episode: Submit your questions: hello@partners4prosperity.com eBook: Financial Planning Has Failed The Penny Hoarder article: “10 Things We Learn From Our TV Dads" Show Notes: 00:00 Intro 00:56 Article “10 Things We Learn From Our TV Dads” 01:21 Mike Brady from Brady Bunch “Look and don’t get took”: The importance of Due Diligence 03:57 Homer Simpson “Work hard to get what you want, now be quiet while I play the lottery.” 04:55 One of the biggest myths out there: That you can get something for nothing 05:32 Find work that you love and more into life, so you can get more out of life 06:07 Get in the habit of saving money, look into Stash.com 06:53 Tony Soprano from Sopranos “How to be a more effective boss (mafia style)-- buy land” 08:17 Danny Clutter of Full House “You have to move on in life” 11:07 Ward Cleaver from Leave It To Beaver “When you make a mistake admit it. If you don’t, you only make matters worse,” 13:07 Louis C.K. “The only time you look in your neighbor’s bowl is to make sure that they have enough. You don’t look in your neighbor’s bowl to make sure you have as much as them.” 15:38 Creating an emergency and opportunity fund 17:55 Ned Stark “Winter is coming. In the winter, we must protect ourselves, look after one another.” 20:38 Walter White “You can have anything you want if you’re willing to work for it.” 23:50 Don Draper “Change is neither good or bad, it simply is.”  

The way you do finances may not be the same way your parents did it. Let best-selling author and financial planner Kim Butler and No B.S. Money Guy Todd Strobel tell you the top ten tricks to financial prosperity in today’s world. Tune in 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 in this Episode: Submit your questions: welcome@prosperitythinkers.com eBook: Financial Planning Has Failed Show Notes: 00:00 Intro 00:35 Article: “Ten Pieces of Financial Advice I Wish I Knew In My Twenties” 01:16 Financial memory is 7 years 01:30 1. Report your rent to the credit bureau (as the renter) 02:43 2. Learn how to use a credit card the right way 04:29 3. Don’t inquire unless you know for sure 05:40 4. Build your credit 07:23 5. You don’t have to be rich to invest 09:04 6. Save enough for rainy days 09:40 Saving creates peace of mind 11:10 7. Hold off on buying a car 13:23 8. Beware of predatory lending 14:59 9. Stop spending money on socializing 16:16 Listener gift: Financial Planning Has Failed 17:01 10. Harder to get out of a hole than in it

To achieve prosperity means more than to just have money. In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel outline the Five Faces to Prosperity. These are the old-school values to Prosperity Economics that have continued to define the movement. Learn what it takes to live a harmonious life in just 18 minutes. Tune in 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 in this Episode: Submit your questions: welcome@prosperitythinkers.com Book Recommendation: Cracking the Camouflage Ceiling Show Notes: 00:00 Intro 00:36 Old School Principles: The Five Faces of Prosperity 01:34 We believe in harmony 03:37 The first face 06:17 The second face 06:36 Everything begins with mindset 08:05 The third face 09:15 Add to your physical life, don’t subtract 11:51 The fourth face 12:31 Social Capital & The Four Habits 13:51 The fifth face 14:44 Cracking the Camouflage Ceiling 15:48 Hawthorne Publishing hawthornepub.com 16:11 Spirituality is important 17:25 Give first attitude  

Welcome to the 212th episode of the Prosperity Podcast! In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about the five biggest financial mistakes that startups make according to David Ehrenberg. Find out how to avoid these mistakes to maximum your cash flow and ensure the success or your small business. Tune in 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 in this Episode: Submit your questions: hello@partners4prosperity.com Article: The Five Giant Financial Mistakes that Startups Make Show Notes: 0:00 Intro 00:57 Starting up a Business 01:15 So Many Tools are Available for Starting up a Small Business like a Big Business 03:25 The Five Giant Financial Mistakes that Startups Make 03:44 Mistake #1: Miscalculating Your Cash Burn Rate 06:21 Mistake #2: Not Completely Understanding Your MarketPlace 10:00 The Importance of Pricing Effectively 11:06 Mistake #3: Hiring and Expanding too Quickly 13:07 Mistake #4: Making Bad Hires 14:12 Mistake #5: Doing Your Own Finances (When You Have No Training)