The Prosperity Podcast

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about 99 Ways to save money which was featured in the July/August AARP magazine. Listen to hear how many of these saving strategies you are applying in your financial life.

Tune in 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 in this Episode:

Submit your questions: [email protected]

www.pparx.org - Partnership for Prescription Assistance

www.wallethub.com - Credit card comparisons

www.farecompare.com - Flight pricing comparisions

Show Notes:

00:00 Intro

01:44 Maxing out your retirement plan

04:35 Apply for free medication www.pparx.org

05:23 Audit a college course to expand your learning

07:13 Paying your mortgage twice a month

09:46 Transferring your credit card debt to a card with 0% interest

10:49 Cancel your collision coverage on your auto insurance

12:25 Pick your flights carefully by flying on the best days

14:04 Hire someone to negotiate your bills

14:58 Quit drinking soda to save $120 a year

15:58 Get reimbursed for ATM fees from using outside banks

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about 99 Ways to save money which was featured in the July/August AARP magazine. Listen to hear how many of these saving strategies you are applying in your financial life.

Tune in 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.

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel test their knowledge by taking a quiz from FINRA.org. Advisors: listen up to see if you could correctly answer these interesting financial questions.

Tune in 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 in this Episode:

Submit your questions: [email protected]

Financial quiz: FINRA.org

Show Notes:

00:00 Intro

00:38 Taking a quiz on financial literacy on FINRA.org

01:30 Calculating compounding interest

02:30 Calculators that Kim and Todd use

02:46 Free Calculator App

04:20 Inflation vs. Interest rates

04:45 What happens to bond prices if interest rates fall

06:00 Mortgage payments

07:20 Financial Planning Has Failed

07:44 Buying single company stock vs. stock mutual fund

08:50 Investment calculations

12:45 Busting The Interest Rate Lies

14:00 Listener input welcomed

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel debate statistics that were published by FINRA. These stats claim that Americans are improving financially, but is this really true?

Tune in 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 in this Episode:

Submit your questions: [email protected]

Show Notes:

00:00 Intro

00:41 Report issued by FINRA.org

01:17 Intro to the article

02:46 Kim: "Everything's ok as long as everything's ok"

03:22 Digital wealth goes through cycles

04:00 You get paid what you're worth. If you want to get paid more, provide more value.

04:34 Moving towards a global workforce

05:56 Going over statistics in the article

07:15 Retirement vs. Future finances

12:13 Student loans not getting paid

13:31 Financial literacy is different from stock market literacy

16:25 Spending vs. Savings

17:17 Spending going up and saving rate is going down

22:25 Pay yourself back at interest

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about the time it takes to double your money. Surprisingly, it's not always the same amount of time, even if you have the same interest rate.

Tune in 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 in this Episode:

Submit your questions: [email protected]

Show Notes:

00:00 Intro

00:43 How long does it take 1,000 to get to 2,000?

01:31 Time Period Financial Calculator

02:53 What about the human element?

03:16 How AI and Robot Financial Advisors are affecting the industry

05:18 Peter DiaMandis and AI

06:48 Computers can only tell you certain things

08:56 Simple ways to make good rates of return

09:24 Use free trials of software

10:29 Holistic Calculator

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel demystify an interesting article from Inc. Magazine. Each bullet point they highlight has juicy information that will make you better at managing your finances.

Tune in 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.

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel demystify an interesting article from Inc. Magazine. Each bullet point they highlight has juicy information that will make you better at managing your finances.

Tune in 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 in this Episode:

Submit your questions: [email protected]

Listener Gift: eBook

Show Notes:

00:00 Intro

00:37 Article of INC Magazine- June 2017 episode

02:37 Money is at the root of every decision

03:15 Treat your personal finances like a business

04:29 Credit Card

05:09 Your bank statements are your reputation

06:56 Make money before you start asking for it

08:55 Pay yourself first

12:00 Budgets don't work

14:23 The difference between purpose, passion and a good idea

16:05 Cash flow is better than net worth

18:24 If it's too good to be true: dig deeper

19:45 Buy what you love, and what is essential

21:19 People in this article are considered wealthy

22:09 Connecting to the day-to-day person

23:28 Necessity never made a good bargain

23:59 Listener Gift- Financial Planning Has Failed

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about Mel Robbins' new book. It's called: The 5 Second Rule: Transform Your Life, Work, and Confidence with Everyday Courage. This book helps thousands transform themselves into action oriented people who lead better lives.

Tune in 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 in this Episode:

Submit your questions: [email protected]

Listener Gift: eBook

Dan Sullivan's Strategic Coaching: https://www.strategiccoach.com/

Mel Robbins' Book: The 5 Second Rule

Show Notes:

00:00 Intro

00:42 Mel Robbins' Book: the 5 Second Rule

01:31 What is the 5 second rule?

01:41 Help your mind tackle things you don't want to do

02:17 Count backwards, 5 4 3 2 1..Launch

03:17 Highlights from the book

04:20 Kolbe Assessment

05:21 Dan Sullivan's Strategic Coaching

06:20 The connection between your brain and your instincts

08:20 Locus of control

12:23 3 Main Behaviors people want to change

14:58 30 before 7:30

15:23 Concept of stopping your day

16:22 Listener Gift

16:51 We also want book recommendations!

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about writing your own will. If you're unsure where to even get started, this episode maps out the essentials-how to do it, what to include, and resources to help you.

Tune in 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 in this Episode:

Submit your questions: [email protected]

Listener Gift: Financial Planning Has Failed ebook

Resources for listener: partners4prosperity.com/blog

Show Notes:

00:00 Intro

00:45 Article in Money Magazine

01:31 Will + living trust combination is best

03:20 Do you need an attorney or can you do it with online resources?

06:27 Probate delays things

07:28 Deciding who is an heir

07:46 Naming an executor

08:41 Guardianship issues

10:30 Splitting up your finances

11:58 Biological vs. Stepchildren

12:20 Do you give inheritance all at once?

13:16 Incentive Trusts

14:15 Recommended Resources

15:00 Listener gift

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about the pros and cons of opening a Home Equity Line of Credit. Listeners will learn about when they should be used, and why mortgages may be the better way to go. Stay tuned for the listener gift at the end!

Tune in 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 in this Episode:

Submit your questions: [email protected]

Listener Gift: Financial Planning Has Failed ebook

Show Notes:

00:00 Intro

00:45 Answering a listener question

00:57 Home equity line of credit vs. Traditional Mortgage

03:22 Additional facts on the listener case

05:04 Busting the Interest Rate Lies

05:38 General Rule of Thumb: Putting extra money against a mortgage is not a good idea

07:06 Variable interests rate vs. Fixed interests rate

08:14 How home equity is handled at the banks

08:48 Can the bank still call the note?

11:07 Never have borrowed money as your emergency fund.

14:27 Tax implications of Home Equity Credit Lines

17:33 Mortgages are efficient debt

19:16 Listener Gift