The Prosperity Podcast

What to do to live longer and to actually "live more". Kim and Spencer recommend us to stay active: keep working if you are and if you aren't, find something to do! They suggest some books on these topic and also mention the "myth" of retirement.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Kim shared with us the web page livingto100.com - 1:08
• The web page gives you a life expectancy number - 1:20
• Kim also recommends to us the web page: mylongevityquest.com - 2:48
• Those web pages help you know how long you are going to live - 5:30
• All life insurance companies today are using a mortality table maximum - 7:53
• Kim recommends us to save as much as we can, find a job that we love doing and work to make our lives more elegant - 8:50
• Boredom and retirement are a critical issue - 11:00
• Keep working if you are and if you aren't, find something to do - 12:02

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

Kim and Spencer talk about an essential question: How do you go from middle class to wealth? They mention specific steps that you can take to make it there and the importance of handling the family's finances.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Everybody can be mentally wealthy - 1:14
• The importance of handling the family's finances - 3:30
• The average millionaire has 7 sources of income - 5:30
• Kim recommends us to create investments income - 6:13
• Kim explains to us the concept of paying yourself first - 9:50
• One of the things that wealthy people do: they don't take risks - 12:02
• What does it means to take a risk with your money? - 12:20
• Kim shares with us information about an accredited investor - 14:32

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

Kim and Spencer talk about life insurance for your children, when you should get it and how much you should spend on a life insurance policy.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Kim explains to us when you should get life insurance for children - 1:01
• What's the act of saving - 2:40
• Kim explains to us what is the life insurance premium - 2:58
• What is the liquid cash value account? - 3:51
• Kim tells us how much you should spend on a life insurance policy - 5:02
• What is "The Rule of Thumb" - 7:20
• Kim explains to us what is the Human Life Value - 8:12
• Needs analysis and human life value - 10:12
• Why a life insurance company could decline you?13:18
• Kim tells us about the "Net-Net-Net Return" - 14:40
• The importance of buying a life insurance policy for your children -15:09

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

Kim and Spencer talk about putting yourself in the right conversations where money is, where money works, where money acts and where money lives. He shares with us an experience that he had during a dinner with his wife.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Prosperity economics is good thinking around money - 2:53
• Spencer talks about a conversation that he heard about different corporate structures - 3:16
• How to put capital in investments - 4:10
• Kim explains to us one of the seven principles of prosperity: move - 4:50
• The concept of moving money through assets - 5:58
• Spencer recommends us to associate with the right people at the right time - 7:10
• The principle of associating with the right people - 7:24
• Kim tells us some general categories of alternative investments - 10:39
• The importance of putting capital into bridge loans - 11:55
• Others sectors of real estate investments - 12:20
• Kim recommends people to open their minds and learn - 13:30

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

Understanding how life insurance loans work and their real costs can help you see the truth in this financial situation. Kim and Spencer also take a listener question: Why did my financial advisor lead me down the wrong course?

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• There are typical financial planners out in the marketplace that have wrong information - 1:03
• Kim explains to us how interest rates do matter - 3:23
• Kim tells us how you can't have a win-win situation - 5:25
• She shares us the magic of the life insurance loan - 6:04
• Kim and Spencer talk about extra interests in your policy loan - 7:40
• How to use a life insurance loan - 9:00
• How the financial planner or advisor can confuse a client? - 10:30
• Kim and Spencer explain to us how to use the interest rates - 11:10
• Kim explains to us that life insurance is a net-net-net product- 12:19
• She shares with us the idea of financial calculation based on rates - 14:10
• Kim and Spencer talk about the importance of interests rates - 17:00

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

Kim and Spencer talk about interest rates on investments and what to do if they go up or go down.

They also talk about the two categories of investments.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Interest rates related to investments -1:01
• The most liquid asset: liquid money - 1:54
• Investments into two categories: an income creator or a growth creator - 5:06
• Investments creating income - 6:05
• Kim tells us what is "medium turn time frame" - 6:40
• Five to ten years to growth investments - 7:10
• Kim recommends us not to use average in investments - 11:26
• She recommends us to have a financial calculator - 12:40
• The stock and real estate are not the only places for investments - 13:50
• Alternative investments for credit investors - 14:40
• Kim's recommendation: Learn and be a seeker of information - 15:15
• Books to learn more about investments - 17:00

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

Keith Weinhold is a writer for Forbes and the owner of getricheducation.com and where he teaches others about Real Estate investing.

Keith explains to us the five different ways that real estate investors get paid and what actually is real estate and cash flow.

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
• Connect with Keith
• • GETRICHEDUCATION.COM
  • [email protected]

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Keith's background - 2:33
• How did he start in the Real Estate arena - 3:40
• Stop looking for properties - 5:38
• The property is the fourth most important thing in Real Estate investing - 6:25
• The most important thing in Real Estate investing is yourself - 6:40
• What is Access Housing Capacity - 10:45
• Keith talks about interest rates - 12:10
• One of the distinctions between the middle class and the wealthy - 13:40
• In Real Estate you can ethically get other people's money to work for you - 14:20
• You use people's money in three ways - 15:40
• Combining life insurance and Real Estate - 16:20
• Keith shares with us extra ways that real estate investors can get paid - 18:10
• Keith shares with us the importance of "keeping score" in the Real Estate - 25:00

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

Kim and Spencer talk about interest rates and what happens in the real estate market. They also talk about what to do in the interest rate world.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• What do we do in the craziest interest rate world? - 1:01
• Kim recommends us to seek information about interest rates from authors that write in the newspaper - 1:40
• Kim tells us to stay off the news because they aren't helpful - 2:26
• What is a "decent" rate? - 3:10
• Kim's recommendation about interest rates and media - 4:00
• What is a zero percent loan?- 6:40
• Kim talks about her husband and the financial calculators for financial advisors - 9:20
• Kim tells us the importance of life insurance cash value - 10:40
• Spencer tells us to see Robert Kiyosaki's rules - 13:00

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

Kim and Spencer talk about money, the way people look at it and make it grow. They tell us that money isn't good or bad and the most simple ways to look at it. You'll also hear how money affects you and your family and how to gain a financial education.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• How talking and reading books give us different perspectives about money - 0:46
• Kim tells us that she doesn't think about money in a philosophical perspective - 1:06
• Be very conscious about money - 1:20
• With work, money can come - 5:40
• Spencer shares with us how he views money - 6:40
• He tells us how he teaches principles about money to his kids - 7:38
• Kim shares with us the story about the savings habits of her son: Robby - 8:50
• One important aspect of money is that it gives us flexibility - 11:18
• She encourages us to think of our philosophy about money - 13:56

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

Understanding IRA money and how it fits into your finances is critical for growth. Kim and Spencer share with us the different types of investments that use IRA money and also tell us about 'Unrelated Business Taxable Income - UBTI'.

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

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• Types of investments that use cash money - 1:33
• A particular rule in the IRA world - 2:19
• What is 'Unrelated Business Taxable Income - UBTI'? - 3:47
• Understanding IRA money - 6:06
• IRA's and growth - 6:32
• Why the worst asset to die with is and IRA - 10:30
• Life Insurance Death benefits - 11:53
• What happens if you don't pay IRA taxes? - 12:30
• Cash money should be invested to create income - 13:30

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