The Prosperity Podcast

How Much You Should Be Saving - Episode 255


Listen Later

Saving saves families. Kim and Spencer talk about how much you should be saving and the best places to put that money. They also share personal stories about how savings has helped made a difference in their lives.

Tune in with Kim D. H. Butler and Spencer Shaw 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 [email protected] 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 http://partners4prosperity.com/category/podcast
  • http://truthconcepts.com/how-can-borrowing-at-4-and-investing-at-5-be-a-25-return

Special Listener Gift

  • Free eBook: Financial Planning Has Failed

Show Notes

  • 1:36 - Why it's horrific to put money into an IRA and avoid savings
  • 2:50 - The "forced savings account" Kim likes to use
  • 4:00 - Understanding the emergency opportunity fund
  • 7:19 - How cash value life insurance can be a storage place for money
  • 10:14 - Story about a business Spencer was able to buy because of his savings
  • 12:55 - Breaking down returns using truth concepts calculations
  • 15:26 - Start saving with what you can

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.

  • Click here to subscribe with iTunes
  • Click here to subscribe with Stitcher
  • Click here to subscribe with RSS
...more
View all episodesView all episodes
Download on the App Store

The Prosperity PodcastBy Kim D. H. Butler and Spencer Shaw

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

95 ratings


More shows like The Prosperity Podcast

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,230 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,879 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

680 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,092 Listeners

The Wealth Without Wall Street Podcast by By Russ Morgan & Joey Muré

The Wealth Without Wall Street Podcast

273 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

8,685 Listeners

BetterWealth with Caleb Guilliams by BetterWealth Media

BetterWealth with Caleb Guilliams

248 Listeners

The Money Advantage Podcast by Bruce Wehner & Rachel Marshall

The Money Advantage Podcast

63 Listeners

DarrenDaily On-Demand by Darren Hardy LLC

DarrenDaily On-Demand

1,743 Listeners

Banking With Life Podcast by James Neathery

Banking With Life Podcast

76 Listeners

The Charlie Kirk Show by Charlie Kirk

The Charlie Kirk Show

66,626 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,034 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

55 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

121 Listeners

Candace by Candace Owens

Candace

11,225 Listeners