The Prosperity Podcast

If you pay cash for something you still have an interest cost because you pass up the opportunity to make interest on your money. There's an interest cost associated with all money and in this episode Kim and Spencer talk about the true interest cost.

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
• https://www.amazon.com/Busting-Interest-Rate-Lies-Discover-ebook/dp/B01DX0JP6I

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• 1:12 - You're either paying interest or passing up interest.
• 3:10 - Understanding your interest cost
• 5:06 - How to measure your opportunity cost
• 6:23 - The dynamics of car loans
• 8:40 - Does it make sense to get a car loan or pay off mortgages early?
• 14:34 - A method for creating compound interest

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

If you pay cash for something you still have an interest cost because you pass up the opportunity to make interest on your money. There’s an interest cost associated with all money and in this episode Kim and Spencer talk about the true interest cost.

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

https://www.amazon.com/Busting-Interest-Rate-Lies-Discover-ebook/dp/B01DX0JP6I

Special Listener Gift

Free eBook: Financial Planning Has Failed

Show Notes

1:12 - You’re either paying interest or passing up interest.

3:10 - Understanding your interest cost

5:06 - How to measure your opportunity cost

6:23 - The dynamics of car loans

8:40 - Does it make sense to get a car loan or pay off mortgages early?

14:34 - A method for creating compound interest

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

Most people don't talk about the life insurance death benefit because they don't understand the 5 strategies of how to use it. Kim Butler talks about these different strategies along with a different approach to spending your assets when you approach retirement age.

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
• Free Report: Permission to Spend - https://www.prosperitypeaks.com/permission

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• 1:02 - Understanding the death benefit or face value of life insurance
• 2:41 - Why most people aren't educated about the death benefit
• 3:39 - 5 strategies of how you can use your death benefit
• 6:45 - Understanding the paydown and how it affects principle and interest
• 10:01 - Why most people don't talk about the death benefit
• 12:23 - A different approach to spending your assets

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

Most people don’t talk about the life insurance death benefit because they don’t understand the 5 strategies of how to use it. Kim Butler talks about these different strategies along with a different approach to spending your assets when you approach retirement age.

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

Free Report: Permission to Spend - https://www.prosperitypeaks.com/permission

Special Listener Gift

Free eBook: Financial Planning Has Failed

Show Notes

1:02 - Understanding the death benefit or face value of life insurance

2:41 - Why most people aren’t educated about the death benefit

3:39 - 5 strategies of how you can use your death benefit

6:45 - Understanding the paydown and how it affects principle and interest

10:01 - Why most people don’t talk about the death benefit

12:23 - A different approach to spending your assets

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

A mortgage is one of the most efficient debts you can have and paying it off early is often one of the biggest mistakes people make. In this episode Kim and Spencer talk about the importance of having control over your finances and using tax efficiencies and deductions.

They also bust the myth of converting your mortgage to a home equity and why that simply doesn't work and why appreciation shouldn't even be a factor in your house buying decision.

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
• www.truthconcepts.com

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• 0:53 - Busting the myth of paying off real estate early
• 3:51 - Why peace of mind can override financial decision making
• 4:26 - The most efficient mortgage strategy
• 6:50 - Why people want to get their homes paid off
• 7:36 - Converting your mortgage to a home equity line and why it doesn't work
• 10:08 - Why a mortgage is one of the most efficient debt you can have
• 11:48 - Use OPM (other people's money)
• 12:25 - Tax efficiencies and mortgage deductions
• 14:47 - Why appreciation is something we can't control and shouldn't focus on
• 16:40 - Investing for cash flow and not appreciation

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

A mortgage is one of the most efficient debts you can have and paying it off early is often one of the biggest mistakes people make. In this episode Kim and Spencer talk about the importance of having control over your finances and using tax efficiencies and deductions.

They also bust the myth of converting your mortgage to a home equity and why that simply doesn’t work and why appreciation shouldn’t even be a factor in your house buying decision.

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

www.truthconcepts.com

Special Listener Gift

Free eBook: Financial Planning Has Failed

Show Notes

0:53 - Busting the myth of paying off real estate early

3:51 - Why peace of mind can override financial decision making

4:26 - The most efficient mortgage strategy

6:50 - Why people want to get their homes paid off

7:36 - Converting your mortgage to a home equity line and why it doesn’t work

10:08 - Why a mortgage is one of the most efficient debt you can have

11:48 - Use OPM (other people's money)

12:25 - Tax efficiencies and mortgage deductions

14:47 - Why appreciation is something we can’t control and shouldn’t focus on

16:40 - Investing for cash flow and not appreciation

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

The news would tell you that it's bad for corporations to be profitable, but is that the truth? In this episode Kim and Spencer talk about why life insurance companies have been around for centuries and why it's beneficial for you.

You'll also hear about the dangers of having a universal life insurance policy and how that could have an effect on your future.

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
• https://www.amazon.com/Busting-Life-Insurance-Lies-Misconceptions/dp/154060697X
• https://www.amazon.com/Live-Your-Life-Insurance-Butler/dp/1441486895

Special Listener Gift

• Free eBook: Financial Planning Has Failed

Show Notes

• 0:52 - If companies don't make profits they don't stay in business
• 2:06 - Most insurance is an IF event while life insurance is a WHEN event
• 3:41 - How life insurance companies have been sustainable for centuries
• 5:21 - What it means to have a mutual life insurance company
• 6:45 - Why whole life insurance is designed to be around for 121 years and beyond
• 7:54 - If you have Universal Life Insurance it may be running out before you die
• 8:55 - Why whole life insurance has a rising death benefit every year
• 12:43 - How mutual life insurance companies are motivated to be more efficient
• 17:47 - The typical S&P 500 lifespan is only 10-15 years

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

The news would tell you that it’s bad for corporations to be profitable, but is that the truth? In this episode Kim and Spencer talk about why life insurance companies have been around for centuries and why it’s beneficial for you.

You’ll also hear about the dangers of having a universal life insurance policy and how that could have an effect on your future.

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

https://www.amazon.com/Busting-Life-Insurance-Lies-Misconceptions/dp/154060697X

https://www.amazon.com/Live-Your-Life-Insurance-Butler/dp/1441486895

Special Listener Gift

Free eBook: Financial Planning Has Failed

Show Notes

0:52 - If companies don’t make profits they don’t stay in business

2:06 - Most insurance is an IF event while life insurance is a WHEN event

3:41 - How life insurance companies have been sustainable for centuries

5:21 - What it means to have a mutual life insurance company

6:45 - Why whole life insurance is designed to be around for 121 years and beyond

7:54 - If you have Universal Life Insurance it may be running out before you die

8:55 - Why whole life insurance has a rising death benefit every year

12:43 - How mutual life insurance companies are motivated to be more efficient

17:47 - The typical S&P 500 lifespan is only 10-15 years

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

We’re experiencing a revolution by seeing an entire new asset class being created right before our eyes. In today’s conversation Spencer Shaw talks with two of his friends Scott Paul and Austin Emery who share their thoughts about bitcoin and other crypto currencies.

Scott Paul has been a long time evangelist for the blockchain technology and makes a compelling case to why everyone should vote with their dollar to challenge our fiat currency and own some cryptocurrencies.

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

www.coinbase.com

https://www.linkedin.com/in/scottpaul2

Special Listener Gift

Free eBook: Financial Planning Has Failed

Show Notes

0:57 - What we do know about cryptocurrencies

2:00 - How www.coinbase.com made it possible for average people to get in

3:49 - Why normal everyday people should purchase bitcoin

7:07 - Why not challenge the fiat currency and USD

8:45 - How Scott views risk with cryptocurrencies

11:44 - When it makes sense to sell and how much to put in

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

Why has society accepted that financial loss is okay? In this episode Kim and Spencer explain why risk does not equal reward and how you can put together a strategy that avoids losing your hard earned money.

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

• 0:51 - Why most people believe risk equals reward
• 1:50 - How Kim defines risk
• 3:02 - Kim's risk tolerance is zero and she explains why
• 5:50 - Why has society accepted that loss is okay?
• 10:05 - How to avoid losing money
• 13:18 - Often good investments that have high protection require a lump sum
• 14:49 - Where to put your money
• 15:20 - Are you more interested in growth or cash flow?
• 17:17 - A new $25k investment opportunity
• 20:06 - Your gameplan to avoid risk

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.

• Subscribe with Apple Podcasts
• Subscribe with Stitcher
• Subscribe with RSS