The Prosperity Podcast

Kim D. H. Butler and Spencer Shaw
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Apr 21, 2016 • 16min

The Problem With Investing in Gold - Episode 093

Summary: Welcome to the ninety third episode of the prosperity podcast! Today our hosts Kim Butler and Todd Strobel talk about the idea of buying gold as an investment. They discuss the problem with labeling gold an “investment” and ask gold buyers to consider - what exactly do you want your money to do for you, and how does gold fit into that? Tune in to find out what investments can replace gold and what investments are actually effective hedges against inflation. 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 00:53 Gold as an Investment 02:09 The Three Things That We Want Our Money to Do 03:56 Does Gold Create Value or Solve a Problem? 06:03 What About Gold That is Also Art? 08:51 Why You Shouldn't Use Gold as a Hedge Against Inflation 10:33 What is a Hedge Against Inflation? 12:02 The Problem With Storing and Controlling Gold 15:32 Outro
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Apr 15, 2016 • 21min

Curtis May & The Money Organizer Plan - Episode 092

Summary Today on the Prosperity Podcast, our host Todd Strobel and co-host best-selling author Kim Butler sit down with a very special guest! Curtis May talks to us about his company, Practical Wealth Advisors, and his five step money organizer plan to putting you in a position to be prosperous and to live prosperously. Tune in to learn more about managing your money and find a way to live the life you want to live, now and later. 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 00:37 Introducing Curtis May Practical Wealth Advisors 01:22 The Money Organizer Plan email curtmay@gmail.com for free report for all listeners on good debt vs. bad debt 02:07 How the Money Organizer Plan Came About 03:17 Step One: Creating ATM Money: Establishing a Short Term Liquid Fund 10:11 Step Two: Debt Elimination 14:21 Step Three: Building Cash Reserves 16:24 Where to Go to Learn More? 601-622-3121 20:34 Outro
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Apr 7, 2016 • 17min

How To Really Prepare for Retirement - Episode 091

Summary: Join our host Todd Strobel and best selling author Kim Butler, today on the ninety first episode of the prosperity article as they discussed the absurdity of an article entitled “The Turning Forty Checklist in Planning for Retirement”. They talk about some of the problems with trying to save for retirement (when do you plan on start saving for?) and the importance of not putting things off till retirement (why not do it now?). They also discuss how being educated, and having a realy growth mindset and mentality, is better than a checklist where you rotely cross off boxes which is better than well...nothing. If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast answering your questions and will get back to you on any comments or feedback you might have!   Show Notes: [00:00] Intro [00:43] "The Turning Forty Checklist in Planning for Retirement" [01:28]  What is the Checklist? [04:20] What's Your Opinion About Equities? [06:21] How to Protect Yourself & Your Loved Ones [09:11] Whole Life Insurance & Savings [11:58] Keeping Your Money Safe & Productive [14:18] Up to the Match Level Only [14:37] Just Save More Money [16:23] Outro
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Apr 5, 2016 • 12min

Sharing Prosperity Economics - Episode 090

Summary: Welcome to the ninetieth episode of the Prosperity Podcast! Join our host Todd Strobel and best selling Kim Butler as they talk about the best way to share prosperity economics with your friends, family, and co-workers. More important than any one product is the mindset and strategy of prosperity economics, and alternative financial strategy that allows people to keep their money save and build wealth. Most people would want to share those ideas with their loved ones - but they might not know how. If you’re looking to share the principles of prosperity economics with the people close to you, but aren’t sure how, this podcast is for you! If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast answering your questions and will get back to you on any comments or feedback you might have!   Show Notes: [00:00] Intro [01:18] How to Share the Information of Prosperity Economics [02:19] Rule Number 1: You Don't Need to Know their Personal Finances [03:53] Question Number 1: Where do you store your cash? [05:24] Question Number 2: Who do you know who wants to learn? [07:12] Rule Number 2: Refer them to Our Podcast [09:07] Helping Both Listeners & Readers [11:00] The Most Important Thing is Education [11:59] Outro
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Mar 24, 2016 • 15min

How to Spend Your Death Benefit While Living - Episode 089

Summary   Best-selling author Kim Butler and co-host Todd Strobel welcome you the eighty ninth episode of the Prosperity Podcast! Today, they get together to talk about how to spend your (whole life insurance) death benefit while living! A lot of people don’t need or don’t want money after they die, they need it as they retire and as they grow older. Conversely, some people do not have heirs or close family they want to pass their money. Tune in to find out how to spend your death benefit while you’re still alive! 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 00:30 How to Spend Your Death Strategy While Living For a PDF of strategies email: tods@partners4prosperity.com 03:42 Strategy 1: The Pay Down 06:11 Strategy 2: A Reverse Mortgage 10:47 Strategy 3: Selling Your Death Benefit 11:17 Strategy 4: Charitable Remainder Trust 14:44 Outro
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Mar 22, 2016 • 18min

In Depth on Dividends - Episode 088

Summary  Welcome to the eighty eighth episode of the Prosperity Podcast! Today, best-selling author Kim Butler and host Todd Strobel “do the dividend thing” and go in depth with dividends! They explain the important difference between stock dividends and whole life insurance dividends - namely, that whole life insurance dividends are risk free (unlike stock) and virtually guaranteed (also unlike stocks). We hope you tune in today to learn more about how to guarantee your money, your savings, and your retirement, without being dependent on the random fluctuations of the stock market. 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 00:44 Doing the Dividend Thing 00:50 Comparing Whole Life Insurance & Stock Dividends 04:30 Example of Stock Versus Whole Insurance Dividends   06:43 How Are Whole Life Insurance Dividends Paid Out? 08:40 Interest Rates & Dividends 13:35 Whole Life Insurance is Not an Investment 14:54 Whole Life Insurance is a Place to Store Cash 15:53 Where to Find More Resources Financial Planning Has Failed by Kim D.H. Butler 17:52 Outro
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Mar 17, 2016 • 15min

The Best Financial Books - Episode 087

Summary: Welcome to the 87th episode of the Prosperity Podcast! Today, best selling author Kim Butler and host Todd Strobel sit down to talk about their favorite financial books. They take care to differentiate between well written financial books and well informed financial books. Finally, Kim Butler talks about her own books that she has published, how they were written, and her soon to be published book Busting the Life Insurance Lies. Thank you for listening to the Prosperity Podcast! As always, don’t hesitate to reach out to us at welcome@partners4prosperity.com, with any and all of your questions, comments, and concerns. We’d love to hear from you!   Show notes: 00:00 Intro 00:53 The Best Financial Books (to Kim Butler) Atlas Shrugged by Ayn Rand 05:28 The Mystery of Capital: Why Capitalism Triumphs in the West & Fails Everywhere Else by Hernando De Soto 07:02 Pirates of Manhattan by Barry Dyke 11:51 Busting the Retirement Lies by Kim Butler 12:37 Financial Planning Has Failed by Kim Butler 12:59 The Prosperity Paradigm by Steve D'annuncio 14:28 Outro
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Mar 15, 2016 • 14min

Life Insurance & Savings - Episode 086

Summary: Welcome to the 86th episode of the Prosperity Podcast! Today, host Todd Strobel and best-selling author Kim Butler sit down to discuss the relationship between life insurance and savings. They answer the question of the one of the listeners “Do premiums paid to whole life insurance count as savings?”. They also discuss the same question for term life insurance. Finally, they explain insurance dividends in terms that everyone can understand. If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!   Show Notes: 00:00 Intro 00:37 The Facts of Life 02:02 Do I Count My Whole Life Insurance Premiums as "Savings"? 05:25 Does Term Insurance Also Count as Savings? 07:07 Understanding Dividends 12:25 The Advantages and Stability of Whole Life Insurance Financial Planning has Failed free audio & ebook by Kim Butler
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Mar 10, 2016 • 22min

Prosperity Thinking - Episode 085

Summary Tune in to the eighty-fifth episode of the Prosperity Podcast! Today, our host Todd Strobel and best-selling author Kim Strobel talk about “unbelievable thinking” and the difference between Prosperity Thinkers and Poverty Thinkers. They explain how poverty thinkers reduce involvement, whereas prosperity thinkers work on self improvement - poverty thinkers stop dreaming, and prosperity thinkers set attainable goals. We hope this episode can help you improve your personal thinking so that you can enjoy more prosperity in your life! 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 00:24 Unbelievable Thinking 02:03 Poverty Thinkers versus Prosperity Thinking 06:27 Setting Attainable Goals 09:05 Financial Problems with Poverty Based Thinking 11:31 Seeking out Opportunity Especially in Crisis 12:46 Holding Back Constantly vs. Moving Forward in Some Form 14:28 Poverty Thinkers and Complaining versus Gratitude 16:57 Seeks Outside Approval vs. Building Internal Confidence 21:35 Outro
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Mar 3, 2016 • 22min

The Power of Systems - Episode 084

Summary: Welcome to the 84th episode of the Prosperity Podcast! Today, host Todd Strobel and best-selling author Kim Butler sit down to discuss the power of systems. Systems allow us to let our money work for us (to leverage our money) and to create cash flow, one of the main principles of prosperity. Taking advantage of systems doesn’t require us to work harder to make more money, just smarter. One of the biggest components of utilizing systems is creating habits that work towards our financial prosperity, not against it. If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!   Show Notes: 00:00 Intro 00:19 The Power of Systems 01:41 Building Linear Income & Having Your Money Work for You 03:02 Systems in the Real Estate Environment 06:14 Pitfalls of Systems & Problems with IRA Real Estate 08:14 How You Can Get One Dollar to Do Lots of Jobs in Real Estate 10:07 How to Get One Dollar to Do Lots of Job with Life Insurance 14:59 Good Debt Vs. Bad Debt The Millionaire Next Door 17:00 Combining Life Insurance Leverage and Real Estate 19:12 The Importance of Doing Your Homework 21:09 Outro

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