The Prosperity Podcast

Summary:

In this short episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about some hard questions. She gives advice on how to handle your own death arrangements, so your family members won't have to worry later. Included in this episode are awesome resources to help make the process easy and affordable.

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]

Medcure: medcure.org

Heritage Cremation Provider: www.heritagecremationprovider.com

Five Wishes: fivewishes.org

Show Notes:

00:00 Intro

00:36 Kim looks into arranging for her death

02:25 Medcure- cremations for free, but you donate to science

02:51 Heritage Cremation Provider

03:40 Very affordable cremation services

05:00 Be done with it so your family members don't have to worry

06:11 Is this a question you handle on your own or should it be a family discussion?

09:01 Who do you entrust with this information to make sure it's executed properly?

10:46 After you pass away, who's in control of what kind of service you have?

12:21 Any other resources you'd like to share?

12:31 Five Wishes

14:11 We want listener questions!

In this short episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about some hard questions. She gives advice on how to handle your own death arrangements, so your family members won’t have to worry later. Included in this episode are awesome resources to help make the process easy and affordable.

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 short episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about whether or not Robo-Advisors are taking over the industry. Apparently, the future looks bright for real financial advisors.

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

00:31 AARP article: Should a robot manage your money?

01:29 The future looks good for advisors

03:00 Numbers vs. Philosophy

04:30 Robo-advisors= only stock market

05:43 Why have Robo-Advisors continued to gain popularity?

07:39 AARP says: Robot Advisors are democratizing financial planning

08:24 Independent RIA firms will eventually outshine Robo-Advisors

10:37 Robots cannot give people advice

11:40 What is a Robo-Advisor?

14:30 Comparing three different investment strategies

18:43 Give 90%, get 90%

19:30 AUM Model

21:43 Robots can help you invest, but not give you advice.

Summary:

In this short episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel break down the do's and don'ts to saving money quick.

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

00:34 Debunking the Money Saving Section in AARP magazine

01:53 Advisors get paid when people invest money, not save it

02:19 1.Sell the shirt off your back- sell your clothes

03:49 2.Redeem U.S. Savings bonds

05:19 3.Become a dog-sitter

05:44 4. Join a Focus group-nope

07:04 Ask Book by Ryan Levesque

08:45 5. Rent out your car

10:12 6. Refer a friend as a new hire- yes!

10:45 7. Clean out your house- yes!

11:41 8. Tap Insurance- yes! Borrow against your life insurance savings

12:50 Contact us directly if you are interested in Whole Life Insurance

15:46 Listener question

Summary:

In this short episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel break down the benefits and uses for an MEC (Modified Endowment Contract) versus a Single Premium Life Insurance Policy.

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, Financial Planning Has Failed

Kim Butler's book: Busting the Life Insurance Lies

Kim Butler's book: Live Your Life Insurance

Show Notes:

00:00 Intro

00:20 Todd + Kim

00:33 Single Premium Life Insurance question

01:29 When Single Premium Life immediately turns into a MEC

02:44 You can borrow against Life Insurance

03:27 What a MEC is good for

04:51 Bridge Loan Investments

06:18 MEC is not a liquid asset

07:41 Underlying expenses with Life insurance

08:24 Have confidence in a dividend, not in the stock market.

09:41 Are there any particular strategies Kim would use?

10:47 If you're more focused on a legacy, then we recommend MEC

11:23 Listener resources- Live Your Life Insurance, Busting the Life Insurance Lies

12:20 Listener gift- Financial Planning Has Failed, ebook partners4prosperity.com/ebook

Summary:

Best selling author Kim Butler and No B.S. Money Guy Todd Strobel offer insight on the direction the world seems to be heading- towards digital money. India did it, Australia is next, and they offer advice on what you should do if cash is eliminated in America as well.

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

00:33 What has happened, and what could happen in the future

00:44 Indian gov't banned cash- 1,000 + 500 rupee notes

01:51 Kim's opinion on this

02:05 What if they take away the dollar?

02:55 Check off on your list what you can do

03:15 It's already happening in Australia

03:36 Electronic money is more convenient

04:23 Bitcoin and the blockchain

05:45 Electronic money used for behavioral modification

08:37 What Todd would do in this situation

11:19 Kim's advice about what families can do to prepare for emergencies

15:32 No problem on earth exists, without the person present to solve it.

16:02 Celebrate success and stay positive

Best selling author Kim Butler and No B.S. Money Guy Todd Strobel offer insight on the direction the world seems to be heading- towards digital money. India did it, Australia is next, and they offer advice on what you should do if cash is eliminated in America as well.

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:

Best selling author Kim Butler and No B.S. Money Guy Todd Strobel debate some of the financial advising tips offered by an article from the AARP magazine. This episode shows in detail how society is setting you up for financial failure, and how it's your responsibility to swim upstream.

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:

Listener Gift: Kim's eBook Financial Planning Has Failed

Submit your questions [email protected]

Show Notes:

00:00 Intro

00:34 Topic: an Article in AARP magazine

00:55 How we are tricked into doing the right thing by behavioral science

01:14 Humans don't always do what's best for the long term

02:13 Opt-in vs. opt-out 401K plan

03:42 Investing vs. Saving

04:24 5th of the 7 Principles of Prosperity

07:23 Article talks about making saving fun

08:57 Overcoming short term thinking

11:00 New technology for Prosperity Economics

12:40 Competition- is it good?

14:48 Kim doesn't like the envelope system except for short term savings

16:50 Seven Principles

17:30 Listener gift

Best selling author Kim Butler and No B.S. Money Guy Todd Strobel debate some of the financial advising tips offered by an article from the AARP magazine. This episode shows in detail how society is setting you up for financial failure, and how it’s your responsibility to swim upstream.

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:

Best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about how to choose a life insurance policy. One thing you'll learn: assets aren't everything.

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:

Kim Butler's book: Busting the Life Insurance Lies

Kim Butler's book: Live Your Life Insurance

Submit your questions [email protected]

Show Notes:

00:00 Intro

00:45 Topic: Two investors try to make a decision

01:55 Mutual life insurance companies by law must return 100% of their profits to their owners

05:37 Assets can be irrelevant

06:40 Most important to know: Whether a company is mutual or not, and how long they've been in business

08:04 Higher premium equals higher contribution to cash value

09:27 State approved policy design

10:00 Long term, all mutual companies will be the same

11:03 Is there much of a difference on state to state for premiums?

13:17 The three most important things to note

14:21 Direct recognition

15:10 Podcast for direct recognition information

15:27 Kim's books: Busting the Life Insurance Lies, Live Your Life Insurance

17:21 Kim doesn't just give answers but teaches you to ask the right questions