December 02, 2025

AAR26 - How to Use Insurance to Build Wealth w/ Kim Butler

39 minutes

You can download Evan’s free monthly budgeting spreadsheet here:
https://einvestingforbeginners.com/budget/

In this episode of At Any Rate, Evan Raidt sits down with Kim Butler—founder of Prosperity Thinkers, host of the Prosperity Podcast, and bestselling author of Live Your Life Insurance—to break down how life insurance can be used as a tool for building wealth (not just protecting your family).

They dive into the mechanics of whole life insurance: how it works, how you can borrow against your cash value, and why it’s more flexible than most people realize.

Kim covers the pros and cons, compares insurance to other savings vehicles, and highlights the importance of control and flexibility in your financial life.

Topics Covered:

Why saving comes before investing

How whole life insurance works (and why it’s not just for death benefits)

Borrowing against your policy: what really happens

Pros and cons vs. high-yield savings, bonds, and the stock market

Timestamps:

00:00 Intro and Kim’s financial awakening

03:00 Lessons from 4-H, cows, and early entrepreneurship

06:00 The real role of life insurance and why people misunderstand it

10:00 How to use whole life insurance as a savings tool

15:00 Borrowing against your policy: mechanics and benefits

20:00 Pros, cons, and comparisons to other savings options

25:00 Flexibility: loans, skipping premiums, and paying yourself back

30:00 Building control and opportunity into your financial life

33:00 Kim’s special resource for listeners

35:00 Where to find Kim and final thoughts

Resources Mentioned:

Kim Butler’s Website: ⁠https://prosperitythinkers.com/special/

Prosperity Podcast: ⁠ https://open.spotify.com/show/0T5efslEuybSsGH6rlp1nn?si=6ca2f4a7256a40dc⁠

Live Your Life Insurance (Book): ⁠https://a.co/d/9YF1lAf⁠

Kim’s Website: ⁠https://prosperitythinkers.com

Free monthly budgeting spreadsheet: ⁠https://einvestingforbeginners.com/budget/⁠

Have questions or feedback? Email Evan at [email protected] or comment below—your thoughts help shape future episodes.

Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time.

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

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