The Prosperity Podcast

Summary: What are the top financial concerns people have today? And what are their solutions? Today our hosts, best selling author Kim Butler and No B.S. Money Guy sit down to address people’s top eight financial concerns. They discuss out of control spending, the rising costs of higher education, not having an emergency fund, steep housing prices, overwhelming debts, the volatility of the stock market, and lack of a financial plan. Tune in to find out how to take control of your finances today! If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Links in this Episode: Financial Planning Has Failed Ebook   Show Notes: 00:00 Intro 01:11 The Top 8 Financial Concerns on the Internet 01:33 1. Out of Control Spending 03:31 2. Planning for Retirement 05:45 3. The Rising Costs of Higher Education 07:55 4. No Emergency Fund 10:44 5. Steep Housing Prices 13:17 6. Overwhelming Debts 15:48 7. The Volatility of the Stock Market 18:04 8. Lack of Financial Plan 21:26 Outro

Summary What is the secret to attracting wealth into your life? Would you believe that it starts as simple as changing your thoughts? Today our hosts, Brett Kitchen and Ethan Kap, sit down to talk about the number one principle of wealth attraction. They talk about how our thought patterns, and the thought patterns of those around us, influence who we are and who we become. Tune in to Wealth Beyond Wall Street every week to learn more about creating passive wealth, enjoying your work, and finding financial freedom. Also, don’t be scared to tap into Brett and Ethan’s wealth of financial experience and send them your questions here. Show Notes 00:00 Intro 01:36 Secret of Attracting Wealth Into Our Life 03:01 Changing Your Thoughts to Attract Wealth 04:14 Understanding the Human Psyche 06:46 Bring Positive Self Talk Into Your Everyday Conversations 08:30 Believe in Yourself 11:11 Outro

Summary: Today our host, best selling author Kim Butler and No B.S. Money Guy Todd Strobel sit down to talk about guaranteed whole life insurance, what it is, and how it works. They discuss the problem with instant policies and “deals” (aka tradeoffs). They also talk about when guaranteed whole life policies are a good thing and how to get life insurance when you are at an older age, and/or medical disabilities or health problems. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Links in this Episode: Financial Planning Has Failed Ebook   Show Notes: 00:00 Intro 00:35 Talking About Guaranteed Whole Life 02:11 What A Guaranteed Whole Life Policy Is 04:30 Problems with Instant Policies & "Deals" 05:55 When Are Guaranteed Whole Life Policies a Good Thing 08:26 Getting Life Insurance at an Older Age or with Medical Disabilities/Health Problems 09:28 Resources 10:49 Outro

Summary: The millennial generation have learned to distrust so much of what they see: they don’t believe the hype or the marketing and they’re wearing of ending up in the same place financially as their parents. Today our hosts, best selling author Kim Butler and No BS Money Guy Todd Strobel, sit down to talk about best practices millennials should be following to keep their money safe and set themselves up to be in a good place, financially, years down the line. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Links in this Episode: Financial Planning Has Failed Ebook   Show Notes: 00:00 Intro 00:37 Talking about Millennials 01:18 Do Your Own Research 06:10 Getting Clear on the Concept 06:57 Investing in Your Own Education 08:13 Learn How You Learn 10:18 Simplicity and Clarity 12:39 Send Us Your Questions 13:37 Outro

Summary: Finding the right financial advisor is an extremely important step to taking control of your money. Today, our hosts best selling author Kim Butler and No BS Money Guy Todd Strobel talk about taking the right steps to finding a good financial advisor. They talk about principles and philosophy, strategy, licensing, and product. Tune in to find out how to take control of your financial future today! If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Links in this Episode: Financial Planning Has Failed Ebook   Show Notes: 0:00 Intro 0:59 Choosing a Financial Advisor 2:22 Getting Clear on their Principles and Philosophy 2:42 Checking their Licensing 4:34 The Fiduciary Standard & The Suitability Standard 6:41 Evaluating their Products 8:36 Paying for Advice 9:47 Separating Marketing from Fact 12:58 Outro

Summary: In the last episode, our hosts, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talked over how to choose a life insurance company. In this episode, they talk about how to choose a life insurance agent. They discuss what to look for in an agent, what to be wary of, how to think about commissions, and how to determine “objectivity”. Tune in to learn more about your finances and find out how to take control of you money! If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Show Notes: 00:00 Intro 00:39 How to Choose a Life Insurance Agent 02:26 What is it that You're Really Looking For? 05:00 Putting Your Money Where Your Mouth Is 05:11 Proving What You're Talking About 06:04 Being Able to Understand Your Advisor's Philosophy 08:39 Compensation & Savings for the Client 10:16 Answering Your Questions Directly 12:22 How Important is it That Your Agent Has a Web Presence? 16:20 Additional Resources Financial Planning Has Failed

Summary: When it comes to whole life insurance, does it matter what company you buy from? The answer is both yes and no. Tune in today as best selling author Kim Butler and No BS Money Guy Todd Strobel talk about which questions are, and are not, important when it comes to whole life insurance. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Show Notes: 00:00 Intro 01:01 Whole Life Insurance: Focusing on the Wrong Things 01:25 Typical Whole Life Questions 03:49 Mutual Companies versus Stock Companies 08:47 What About Ratings Assigned to Companies? 13:08 Finding a Company or Companies to Work With 17:40 Outro

Summary: Today on the Prosperity Podcast our hosts, best selling author Kim Butler and No BS Money Guy Todd Strobel sit down to talk about Fixed Indexed Annuities. They talk about the benefits and drawbacks of Fixed Indexed Annuities, how they work, and who sell them. They also discuss the importance of knowing exactly what you want out of your money and finding the right vehicle for that purpose. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Show Notes: 00:00 Intro 00:39 Fixed Indexed Annuities 02:54 How Fixed Indexed Annuities Work 06:09 The Problem of Liquidity with Fixed Index Annuities 06:27 Fees Associated with Fixed Index Annuities 07:32 What Goals Do You Have for Your Money? 13:39 The Fifth Principle of Prosperity: Control 15:23 Outro

Summary: Many people respond very emotionally to the idea of a reverse mortgage. On this episode of the Prosperity Podcast, best selling author Kim Butler and No BS Money Guy Todd Strobel sit down to talk about what a reverse mortgage is and what the benefits and drawbacks are. They also discuss the benefits of combining both a reverse mortgage and life insurance to maximize benefits. Tune in to find out how you can take control of your finances and become a more educated banker and consumer. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Show Notes: 00:00 Intro 00:49 Reverse Mortgages 01:24 Quicken Reverse Mortgage Department The Quicken employees are specifically trained to work with prosperity clients on reverse mortgages: Call 888-500-7210 03:57 Combining Life Insurance with a Reverse Mortgage 06:45 The Mechanics of the Reverse Mortgage 11:11 Purchasing Life Insurance for Your Family 15:25 Outro

Summary: Saving for retirement can be hard, especially as life spans get longer. In fact, a lot of people lose most or all of their assets by not properly preparing for  a long term care situation. They might even plan for the right number of years, but not for the cost of their medical expenses. Today best selling author Kim Butler and No B.S. Money Buy Todd Strobel talk about several different ways we can prepare for long term care and still maintain control of our money and follow the seven principles of prosperity. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Show Notes: 0:00 Intro 0:35 Asset Based Long Term Care 1:09 Long Term Care Riders in Whole Life Policies 2:21 Asset Based Long Term Care formed with An Annuity 4:13 Looking at Your Situation Wholistically 7:51 Seven Principles & Long Term Care 14:18 Outro