The Advisor Advantage

Perpetual Wealth: How to FUND a Family Bank

02.13.2020 - By Kim Butler and Tammi BrannanPlay

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Kim explains the seven ways to build a family bank and acknowledges that every client has a different situation and priorities, so these seven ways are not equal for everybody. It's important as you are working with clients about funding their family bank, to look at their particular situation and pick the ways that fit their circumstances and priorities. Listen to Kim’s infinite knowledge and enjoy this episode! To learn more about the Prosperity Economics Movement http://prosperityeconomicsadvisors.com/how-to-keep-your-mindset-positive-bonus-episode  Links and Resources from this Episode https://partners4prosperity.com/perpetual-wealth-book/ Client version of Kim's new book: http://www.partners4prosperity.com/perpetual-wealth-book  Advisor version of Kim's new book: http://www.partners4prosperity.com/pwbook  Show Notes Seven ways to build a family bank - 0:25 The goal: helping people in more ways - 1:14 How to use family financing? - 2:29 Using whole life insurance as a place to store cash - 3:31 Building a family bank with life insurance - 4:24 In Todd's Truth Training you can learn how to build a family bank - 5:32 The importance of the Emergency Fund - 7:07 Steps to follow for family banking - 8:17 We are our client's agent - 9:50 The benefits and value of savings - 11:58 Shifting our viewpoint to different opportunities - 15:45 Good habits - 18:56 Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you’re subscribed to the podcast so you get the latest episodes. iTunes Spotify Stitcher RSS

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