Kim Butler is a champion of Prosperity Economics principles who's bringing them back into the mainstream.  She’s revitalizing the traditional way of thinking, condensing age-old wealth principles into the 7 Principles of Prosperity.  She helps people get their money doing more jobs and building wealth outside of Wall Street.She’s the owner of Partners 4 Prosperity, a Registered Investment Advisory firm dedicated to the Prosperity Economics Principles.Additionally, Kim serves as the co-host of the Prosperity Podcast and a best-selling author of 6 books, including Live Your Life Insurance and Busting the Retirement Lies.She’s recommended by financial thought leaders like Robert Kiyosaki and has been listed in Investopedia’s top 100 most influential financial advisors in 2017.

She’s been a tremendous influence on the philosophy and work of The Money Advantage, and we have the utmost respect for her.

In this interview, we discuss her backstory.  You’ll see how she developed her financial wisdom and how her abundance mindset is allowing her to continue her objective to help as many people as possible in as many ways as possible.

Table of contentsWhere Prosperity Economics Principles Fit into the Cash Flow SystemBefore Kim Started Partners 4 ProsperityThe Assumptions of Typical Financial PlanningAn Entrepreneurial Journey That Started in 4th GradeGiving up a Designation to Provide More Guarantees and CertaintyBetter Than Typical Financial PlanningThe 7 Prosperity Economics PrinciplesWhy Savers Are WinnersPrinciples First.  Then Strategy.  Then Products.The Principle TestThe Multiple Facets of True ProsperityFailed Strategies of Typical Financial PlanningThe Three Objectives of MoneyAn Honest Look at Risk ToleranceWin-Win-Win InvestmentsThe Importance of Not Losing MoneyBeyond Building Her BusinessAn Abundance Mindset Expands Your VisionThe Value of Thinking for OurselvesHow to Find out More About Kim ButlerCreate Your Time and Money Freedom

Where Prosperity Economics Principles Fit into the Cash Flow System

At The Money Advantage, we are a community of wealth creators.  We are entrepreneurially-minded business owners who are taking control of our lives and financial destiny.  We have a compass that always points back to the principles of wealth, not just to strategies or products.  You need the right mindset, philosophy, and principles of abundance, expansive thinking, creation, cash flow, and control in place first before any financial tactics can genuinely benefit and serve you.

In the Cash Flow System, you first increase cash flow by keeping more of the money you make. Then you protect your money.  Finally, you increase and make more.

This conversation on the Prosperity Economics principles of wealth creation fits right into the very first step of the first phase.

Here are the interview highlights:

Before Kim Started Partners 4 Prosperity

[3:30] Kim was a “typical” financial planner, with a Series 6 and 7 licenses to sell stocks, bonds, and mutual funds.  She made her living creating and delivering financial plans.

When she became aware of the assumptions that made the plans unreliable the moment they were printed, she became disenfranchised with typical financial planning.  She felt she was subjecting clients’ money to so much risk.

The Assumptions of Typical Financial Planning

[5:25] The client is responsible to project when they’ll want to retire, what exactly they would want to happen if they had died yesterday, what interest rate they expect to achieve, and what inflation rate they presume.

Because the foundation for the plans is complete guesswork, the plans have failed people as the roadmap they were intended to be.

An Entrepreneurial Journey That Started in 4th Grade

[6:53] When Kim was in 4th grade, her parents gifted her the raw materials for a business.

They gave her a milk cow and taught her how to milk by hand.  She sold milk to friends and neighbors,

Kim Butler is a champion of Prosperity Economics principles who's bringing them back into the mainstream.  She’s revitalizing the traditional way of thinking, condensing age-old wealth principles into the 7 Principles of Prosperity.  She helps people get their money doing more jobs and building wealth outside of Wall Street.She’s the owner of Partners 4 Prosperity, a Registered Investment Advisory firm dedicated to the Prosperity Economics Principles.Additionally, Kim serves as the co-host of the Prosperity Podcast and a best-selling author of 6 books, including Live Your Life Insurance and Busting the Retirement Lies.She’s recommended by financial thought leaders like Robert Kiyosaki and has been listed in Investopedia’s top 100 most influential financial advisors in 2017.

She’s been a tremendous influence on the philosophy and work of The Money Advantage, and we have the utmost respect for her.

In this interview, we discuss her backstory.  You’ll see how she developed her financial wisdom and how her abundance mindset is allowing her to continue her objective to help as many people as possible in as many ways as possible.

Where Prosperity Economics Principles Fit into the Cash Flow System

At The Money Advantage, we are a community of wealth creators.  We are entrepreneurially-minded business owners who are taking control of our lives and financial destiny.  We have a compass that always points back to the principles of wealth, not just to strategies or products.  You need the right mindset, philosophy, and principles of abundance, expansive thinking, creation, cash flow, and control in place first before any financial tactics can genuinely benefit and serve you.

In the Cash Flow System, you first increase cash flow by keeping more of the money you make. Then you protect your money.  Finally, you increase and make more.

This conversation on the Prosperity Economics principles of wealth creation fits right into the very first step of the first phase.

Here are the interview highlights:

Before Kim Started Partners 4 Prosperity

[3:30] Kim was a “typical” financial planner, with a Series 6 and 7 licenses to sell stocks, bonds, and mutual funds.  She made her living creating and delivering financial plans.

When she became aware of the assumptions that made the plans unreliable the moment they were printed, she became disenfranchised with typical financial planning.  She felt she was subjecting clients’ money to so much risk.

The Assumptions of Typical Financial Planning

https://www.youtube.com/watch?v=g4f6nxH_eLE

Have you ever had conflicting thoughts about cash savings?  You'd feel better with more savings, but you're not really sure it's a winning financial strategy. Savings is pure magic.  Within its seed is infinite and tremendous potential.  This article will help you see and unleash the power of savings to accomplish your financial goals.Savings is a value of the ultra-wealthy.  Having savings – liquid, accessible, safe cash – is critical and relevant, even in today’s economy, even with boring returns.

But because the hard pull of the media, financial messaging, and what everyone else is doing points the opposite direction, saving often becomes snubbed and overlooked.

Savings certainly doesn’t have the most electrifying connotation, I know.

Because today's interest rates are at an all-time low, saving money seems wasteful.  It seems you’re putting your money out of commission, letting it just sit on the sidelines.

In addition, financing is cheap and easy.  It quickly becomes a go-to source of capital when you don’t have cash of your own.

To top it off, it seems like investments get higher returns than savings do, and that you’ll end up ahead if you invest instead.

But, could this be only part of the story?

Table of contentsWhere Savings Fits into Your Cashflow Creation SystemThe Big Why of Savings: It Protects Your MindsetDefinition of SavingsThe Litmus Test of Savings: Not Losing ValueAccount Value: Safe vs. RiskBuying Power: The Impact of InflationSavings Gives You Control, Which Creates ConfidenceSavings Allows You to Focus on the Right OpportunitiesAn Example: The Wrong Opportunities During Times of DesperationCapital Helps You Rebuild If You Lose EverythingBeing Prepared to Fail Well Allows You to Truly SucceedOpportunity Seeks LiquidityStrategies That Can Create False ConfidenceBudgetingBecoming Debt-FreePresent and Future Purposes in Holding CashA Different End Goal for Business Owners and EntrepreneursThe Savings Perspective of the Entrepreneurially-MindedTake Action by Writing down Your WhyAccelerate Your SavingsHere’s What You Can Expect NextThe 7-Part Saving and Investing SeriesCreate Your Time and Money Freedom

Where Savings Fits into Your Cashflow Creation System

Building a stockpile of savings is to help you weather months of tight income or unforeseen expenses will move you light years ahead towards peace of mind and financial stability.  But it’s just one small step of a greater journey of building time and money freedom.  

That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.  

The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest.

Then, you’ll protect your money with savings, insurance and legal protection.  Here, you’ll create the right canopy of protection in your financial life.  This second stage encompasses all aspects of Privatized Banking, a key savings and capital deployment strategy that secures your access to capital, maximizing your control, by allowing you to be your own banker.

Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy.

The Big Why of Savings: It Protects Your Mindset

As we embark on this series about savings, we’ll walk through the reasons why having cash is so meaningful, from the perspective of the wealthy.  It becomes apparent that they’ve thought differently than everyone who’s currently tethered to “average” status.  It's enough to take notice.

The wealthy know how to build financial wealth.  But they recognize that true wealth is a richness of mind, body, spirit, and relationships.

https://www.youtube.com/watch?v=g4f6nxH_eLE

Have you ever had conflicting thoughts about cash savings?  You'd feel better with more savings, but you're not really sure it's a winning financial strategy. Savings is pure magic.  Within its seed is infinite and tremendous potential.  This article will help you see and unleash the power of savings to accomplish your financial goals.Savings is a value of the ultra-wealthy.  Having savings – liquid, accessible, safe cash – is critical and relevant, even in today’s economy, even with boring returns.

But because the hard pull of the media, financial messaging, and what everyone else is doing points the opposite direction, saving often becomes snubbed and overlooked.

Savings certainly doesn’t have the most electrifying connotation, I know.

Because today's interest rates are at an all-time low, saving money seems wasteful.  It seems you’re putting your money out of commission, letting it just sit on the sidelines.

In addition, financing is cheap and easy.  It quickly becomes a go-to source of capital when you don’t have cash of your own.

To top it off, it seems like investments get higher returns than savings do, and that you’ll end up ahead if you invest instead.

But, could this be only part of the story?

Where Savings Fits into Your Cashflow Creation System

Building a stockpile of savings is to help you weather months of tight income or unforeseen expenses will move you light years ahead towards peace of mind and financial stability.  But it’s just one small step of a greater journey of building time and money freedom.  

That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.  

The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest.

Then, you’ll protect your money with savings, insurance and legal protection.  Here, you’ll create the right canopy of protection in your financial life.  This second stage encompasses all aspects of Privatized Banking, a key savings and capital deployment strategy that secures your access to capital, maximizing your control, by allowing you to be your own banker.

Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy.

The Big Why of Savings: It Protects Your Mindset

As we embark on this series about savings, we’ll walk through the reasons why having cash is so meaningful, from the perspective of the wealthy.  It becomes apparent that they’ve thought differently than everyone who’s currently tethered to “average” status.  It's enough to take notice.

The wealthy know how to build financial wealth.  But they recognize that true wealth is a richness of mind, body, spirit, and relationships.  Their goal is a more fulfilling quality of life in every category of their life, today and in the future.  They meticulously attend to creating a life that sup...

“Tax Empowered” vs. “Tax Scared”

It’s time to stop tipping the IRS and pay less in taxes legally, from now on.No one likes paying the IRS, but are you letting the government steal from you?  If you aren’t strategic, tax deadlines can feel like doomsday.  You’re stuck with hating that you pay so much in taxes or fearing you’re doing something wrong.But, there’s no need for the word “taxes” to have you tucking your tail and running for the hills.While the IRS is not your friend, the tax code can be.  But it requires you to understand and apply the rules in your favor.If you don't want to pour through and interpret the IRS regulations on your own, you're not alone.  The tax code is a bunch of legalese and linguistic judo.You need someone in your corner who wants you to pay less in taxes, legally.

A tax strategist can help you navigate the law with grace and efficiency.  They embrace the tax code as a roadmap for reducing your taxes.  And they're willing to stand up to the IRS on your behalf, helping you leverage the tax code.  This helps you make strategic decisions that keep more dollars in your pocket.

Then, taxes seem less like a monster and more like an obstacle course to master.

Dustin Griffiths, at Incite Tax and Accounting, is one such tax strategist.  He believes that you are the best person to steward your resources, not the federal government.

Where Taxes Fit into the Cash Flow System

Strategically (and legally) shrinking your tax liability is a huge part of fixing your money leaks.  But it’s just one small step of a greater journey of building time and money freedom.  

That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.  

The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest.

Then, you’ll protect your money with savings, insurance and legal protection.  Locating and solving your money leaks is just a temporary bandaid if there’s risk that you could lose it.

Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy.

Paying Less in Taxes Is Critical to Your Wealth Strategy

Maximizing your cash flow and control of resources is one of the top priorities at The Money Advantage.

Our expectation with tax planning is to be proactive and aggressively capture as many possible tax dollars that could be used in your own personal economy.

Tax decisions aren’t isolated choices in a vacuum.  Every dollar you keep, instead of paying to Uncle Sam, is another dollar you can steward and use productively in your life.

Instead of feeling powerless, we want to equip you with the knowledge and education to pay less in taxes legally.

Legally Rigging the Tax Game in Your Favor

“Tax Empowered” vs. “Tax Scared”

It’s time to stop tipping the IRS and pay less in taxes legally, from now on.No one likes paying the IRS, but are you letting the government steal from you?  If you aren’t strategic, tax deadlines can feel like doomsday.  You’re stuck with hating that you pay so much in taxes or fearing you’re doing something wrong.But, there’s no need for the word “taxes” to have you tucking your tail and running for the hills.While the IRS is not your friend, the tax code can be.  But it requires you to understand and apply the rules in your favor.If you don't want to pour through and interpret the IRS regulations on your own, you're not alone.  The tax code is a bunch of legalese and linguistic judo.You need someone in your corner who wants you to pay less in taxes, legally.

A tax strategist can help you navigate the law with grace and efficiency.  They embrace the tax code as a roadmap for reducing your taxes.  And they're willing to stand up to the IRS on your behalf, helping you leverage the tax code.  This helps you make strategic decisions that keep more dollars in your pocket.

Then, taxes seem less like a monster and more like an obstacle course to master.

Dustin Griffiths, at Incite Tax and Accounting, is one such tax strategist.  He believes that you are the best person to steward your resources, not the federal government.

Table of contents“Tax Empowered” vs. “Tax Scared”Where Taxes Fit into the Cash Flow SystemPaying Less in Taxes Is Critical to Your Wealth StrategyLegally Rigging the Tax Game in Your FavorCorporate Rent: One Strategy Most CPAs MissClarity on Other DeductionsThe Rest of the Conversation on How to Pay Less in TaxesJust How Important Is Your CPA?Don’t Let the Tax Tail Wag the DogWealth Is a Team SportBook Your Strategy Session to Pay Less in TaxesContact Incite Tax

Where Taxes Fit into the Cash Flow System

Strategically (and legally) shrinking your tax liability is a huge part of fixing your money leaks.  But it’s just one small step of a greater journey of building time and money freedom.  

That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System.  

The first step is keeping more of the money you make.  This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access it as an emergency/opportunity fund.  This step frees up and increases your cash flow, so you have more to save, and consequently, more to invest.

Then, you’ll protect your money with savings, insurance and legal protection.  Locating and solving your money leaks is just a temporary bandaid if there’s risk that you could lose it.

Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy.

Paying Less in Taxes Is Critical to Your Wealth Strategy

Maximizing your cash flow and control of resources is one of the top priorities at The Money Advantage.

Our expectation with tax planning is to be proactive and aggressively capture as many possible tax dollars that could be used in your own personal economy.

Tax decisions aren’t isolated choices in a vacuum.  Every dollar you keep, instead of paying to Uncle Sam, is another dollar you can steward and use productively in your life.

Instead of feeling powerless, we want to equip you with the knowledge and education to pay less in taxes legally.

Legally Rigging the Tax Game in Your Favor

There is a line separating what is legal and what is not.  Often, out fear and lack of understanding the tax code, many other tax professionals stay far away from the line.

Dustin and the Incite team confidently walk right up to the line.  If it’s in the tax code, they will use it for your benefit.

They aggressively find and apply the tax law to make sure you keep as much of your money as possible, this year and every year going forward.  In this way,

Along the 12-year journey to becoming a top Amazon seller, Tyler Douthitt has accumulated a wealth of entrepreneurial wisdom.  It takes a considerable amount of grit, resilience, vision, and self-awareness to make it to the top 2%.In this interview, you’ll note:

* His abundance perspective to create a great life, not only for himself but also for others* The importance of being responsive* The value of taking the one next step

We hope his story, his success, and his lessons will encourage you along your entrepreneurial journey.

Who Tyler Is Now

Tyler Douthitt is a top Amazon seller, entrepreneur, lifelong businessman, and investor.

He’s building a business as well as a personal brand.  His social media presence has over 10K followers on LinkedIn and Facebook each.

He’s just launched a podcast titled the TD Project.

He lives in Illinois with his wife and kids and runs his companies from his home office.

How Honing a Niche Market Accelerated His Sales as a Top Amazon Seller

Because Tyler worked in his parent’s business for 11 years, he gained experience with supply chains, and sourcing and selling products.

He began selling earbuds as a result of cause and effect, continual learning and responding to the market.

Each time he grew, the customers changed, along with those customer’s needs, and he had to stay responsive to innovate and continue to meet those needs differently.

Sales exploded when he connected to the Amazon prime marketplace and moved from fulfilling individual orders to delivering bulk orders to his niche customer: schools.

A Customer-Centric Business Model to Deliver More Value Than His Competitors

He learned the supply chain in his industry and cut out the middleman, along with his commission.

By doing so, he was able to provide better selection, better prices, and quicker delivery.

Customized Direct Marketing Strategies Reach His Customer More Effectively

Tyler attributes a significant majority of his success to targeted marketing strategies that reached his audience with information they want, where they want to receive it.

Tyler noticed so many schools buying earbuds, so he inquired of his brother-in-law, an assistant principal, to determine who has the buying decision for these types of purchases.

When he learned that the principal makes these decisions, and the best way to connect was to email them directly, he took action right away.

Tyler began emailing school principals with his product and price and explained how his earbuds met their testing requirements.

As that evolved, he started going to principal association conferences with his wife, building relationships face-to-face.  He showed how he could satisfy bulk orders at better prices, with more color options.

The Greatest Lessons

In looking back over what has fostered his success in becoming a top Amazon seller, Tyler says that it’s important to match your work ethic to your ambition.

His daily vlog shows the honest side of his life.

Along the 12-year journey to becoming a top Amazon seller, Tyler Douthitt has accumulated a wealth of entrepreneurial wisdom.  It takes a considerable amount of grit, resilience, vision, and self-awareness to make it to the top 2%.In this interview, you’ll note:

* His abundance perspective to create a great life, not only for himself but also for others* The importance of being responsive* The value of taking the one next step

We hope his story, his success, and his lessons will encourage you along your entrepreneurial journey.

Who Tyler Is Now

Tyler Douthitt is a top Amazon seller, entrepreneur, lifelong businessman, and investor.

He’s building a business as well as a personal brand.  His social media presence has over 10K followers on LinkedIn and Facebook each.

He’s just launched a podcast titled the TD Project.

He lives in Illinois with his wife and kids and runs his companies from his home office.

How Honing a Niche Market Accelerated His Sales as a Top Amazon Seller

Because Tyler worked in his parent’s business for 11 years, he gained experience with supply chains, and sourcing and selling products.

He began selling earbuds as a result of cause and effect, continual learning and responding to the market.

Each time he grew, the customers changed, along with those customer’s needs, and he had to stay responsive to innovate and continue to meet those needs differently.

Sales exploded when he connected to the Amazon prime marketplace and moved from fulfilling individual orders to delivering bulk orders to his niche customer: schools.

A Customer-Centric Business Model to Deliver More Value Than His Competitors

He learned the supply chain in his industry and cut out the middleman, along with his commission.

By doing so, he was able to provide better selection, better prices, and quicker delivery.

Customized Direct Marketing Strategies Reach His Customer More Effectively

Tyler attributes a significant majority of his success to targeted marketing strategies that reached his audience with information they want, where they want to receive it.

Tyler noticed so many schools buying earbuds, so he inquired of his brother-in-law, an assistant principal, to determine who has the buying decision for these types of purchases.

When he learned that the principal makes these decisions, and the best way to connect was to email them directly, he took action right away.

Tyler began emailing school principals with his product and price and explained how his earbuds met their testing requirements.

As that evolved, he started going to principal association conferences with his wife, building relationships face-to-face.  He showed how he could satisfy bulk orders at better prices, with more color options.

The Greatest Lessons

In looking back over what has fostered his success in becoming a top Amazon seller, Tyler says that it’s important to match your work ethic to your ambition.

His daily vlog shows the honest side of his life.

Typical Financial Planning vs. Prosperity Economics

The Prosperity Economics Movement is a wholesome and positive remedy to the limitations, guesses, and fear-based typical financial planning.

On the one hand, the typical financial conversation holds an underlying opinion that you should give your money to someone else more qualified than you, put it aside for the future, not touch it or use it now, and hope things work out.

On the other hand, the abundance-centric, value-creating, opportunity-seeking perspective of Prosperity Economics puts money in your hands today.  It validates that you’re the best person to be in control.  Prosperity Economics relentlessly steers towards financial freedom by prioritizing cash flow over accumulation.

Refreshingly, it empowers you, the individual, with maximum control and certainty.

The prosperity perspective is a departure from the status quo of today and a return to the traditional way of thinking about and handling money.  Similar to how people built wealth before the 1980’s, it encourages you to rely on your own business and put money in tools you know and control like savings accounts, whole life insurance policies, cash-flowing investments, and precious metals.

Where Your Mindset Fits into the Cash Flow System

At The Money Advantage, we are a community of wealth creators.  We are entrepreneurially-minded business owners who are taking control of our lives and financial destiny.  We have a compass that always points back to the principles of wealth, not just to strategies or products.  You need the right mindset, philosophy, and principles of abundance, expansive thinking, creation, cash flow, and control in place first before any financial tactics can genuinely benefit and serve you.

In the Cash Flow System, you first increase cash flow by keeping more of the money you make. Then you protect your money.  Finally, you increase and make more.

This conversation on the mindset, philosophy, and principles of wealth creation fits right into the very first step of the first phase.

How’s Your Thinking?

Whether or not you’ve ever considered your way of thinking about money, you owe it to yourself to pause for a moment of reflection.  Have you fostered your awareness of what you are allowing to influence your financial beliefs and perspectives?

We aim to help you develop clarity on your financial foundations and philosophy.

If your current mindset is not helping you create your ideal life, we give you the permission to think differently.

This article, in conjunction with

Typical Financial Planning vs. Prosperity Economics

The Prosperity Economics Movement is a wholesome and positive remedy to the limitations, guesses, and fear-based typical financial planning.

On the one hand, the typical financial conversation holds an underlying opinion that you should give your money to someone else more qualified than you, put it aside for the future, not touch it or use it now, and hope things work out.

On the other hand, the abundance-centric, value-creating, opportunity-seeking perspective of Prosperity Economics puts money in your hands today.  It validates that you’re the best person to be in control.  Prosperity Economics relentlessly steers towards financial freedom by prioritizing cash flow over accumulation.

Refreshingly, it empowers you, the individual, with maximum control and certainty.

The prosperity perspective is a departure from the status quo of today and a return to the traditional way of thinking about and handling money.  Similar to how people built wealth before the 1980’s, it encourages you to rely on your own business and put money in tools you know and control like savings accounts, whole life insurance policies, cash-flowing investments, and precious metals.

Table of contentsTypical Financial Planning vs. Prosperity EconomicsWhere Your Mindset Fits into the Cash Flow SystemHow’s Your Thinking?In Part 1In Part 21) Living Only on Interest vs. Spending and Replacing Principal2) Money Stays Still vs. Money MovesTypical Financial Planning Isolates MoneyProsperity Economics Values the Flow of Money3) Dollars Do Only One Job vs. Dollars Do Many JobsIn Typical Financial Planning Each Dollar Does One JobProsperity Economics Recognizes That One Dollar Can Do Multiple Jobs 4) Professional Financial Planner Is the Expert vs. Clients Are EmpoweredTypical Financial Planning Gives Control to the AdvisorProsperity Economics Emphasizes Client ControlListen to the PodcastEpisode ResourcesHow to Take Action

Where Your Mindset Fits into the Cash Flow System

At The Money Advantage, we are a community of wealth creators.  We are entrepreneurially-minded business owners who are taking control of our lives and financial destiny.  We have a compass that always points back to the principles of wealth, not just to strategies or products.  You need the right mindset, philosophy, and principles of abundance, expansive thinking, creation, cash flow, and control in place first before any financial tactics can genuinely benefit and serve you.

In the Cash Flow System, you first increase cash flow by keeping more of the money you make. Then you protect your money.  Finally, you increase and make more.

This conversation on the mindset, philosophy, and principles of wealth creation fits right into the very first step of the first phase.

How’s Your Thinking?

Whether or not you’ve ever considered your way of thinking about money, you owe it to yourself to pause for a moment of reflection.  Have you fostered your awareness of what you are allowing to influence your financial beliefs and perspectives?

We aim to help you develop clarity on your financial foundations and philosophy.

If your current mindset is not helping you create your ideal life, we give you the permission to think differently.

This article, in conjunction with Part 1, provides the basis for understanding the principles and beliefs guiding the typical money conversation and those behind the prosperity conversation.

In Part 1

In What Is Prosperity Economics? – Part 1, we

Dissected the false assumptions that are the foundation of typical financial planningIlluminated why financial planning has failedOutlined the four fundamental differences between the typical and the time-tested traditional financial paradigmsDiscussed the first eight of the twelve comparisons between financial planning and Prosperity Economics:

Meeting needs and goals only vs. pursuing wants and dreams