The Prosperity Podcast

Your host No B.S. Money Guy Todd Strobel talks with Jimmy Vreeland from Joint Ops Properties. Together they discuss lease option real estate investments and what is currently happening in the investment real estate market.

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.

Your host No B.S. Money Guy Todd Strobel talks with Jimmy Vreeland from Joint Ops Properties. Together they discuss lease option real estate investments and what is currently happening in the investment real estate market.

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.

Listen to your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about the downside of financial planning and how to create a better financial future by following the 7 Principles of Prosperity.

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.

Your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about a Money Magazine article that addresses saving, investing, and career moves that applies to couples of all ages. Together they talk about 401k’s, paying off mortgages, and creating independence for children.

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:

Listen to your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about the downside of financial planning and how to create a better financial future by following the 7 Principles of Prosperity.

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:

Get the free ebook and audiobook - Financial Planning has FAILED

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:30 Today's topic: Why We Don't Do Financial Planning

01:06 What do you do instead of financial planning?

02:25 A business plan should be no longer than 3-5 years, yet we're still trying to plan our lives financially in 30-40 year increments.

03:25 Why Todd doesn't do financial planning

05:45 Averages do not equal actual dollars. Don't believe in the assumptions.

07:12 Principles are more effective than planning

07:51 Looking at the 7 Principles of Prosperity

08:27 When you get serious about handling your finances is when you want to start your savings program

10:22 The history of financial planning in this ebook www.partners4prosperity.com/ebook

In this special episode

Kim Butler and No B.S. Money Guy Todd Strobel

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 your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about getting all the profits from a mutual life insurance company and the differences between a mutual life insurance company and a traditional stock company.

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:

Get the free ebook and audiobook - Financial Planning has FAILED

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:30 Today's topic: How Can There Be More Than All?

00:44 Getting all of the profits from a company you are working with

02:20 Todd explains how you get all the profits from a mutual life insurance company

03:44 The difference between a mutual life insurance company and a bank

04:22 Dividends are paid to policyholders

06:32 Why life insurance companies continuously pay dividends even when other institutions fail

09:11 How long can life insurance companies stay in business under their current model?

10:34 As a business owner do you want to be involved in something for the short run or long run?

11:42 Comparing a dividend payment from a mutual life insurance company from a regular stock company

14:34 Index policies have caps and expenses and they're not something for nothing

Summary:

Business owners are constantly thinking of how to grow their business and that is often tied to raising capital. Today, Kim Butler and No B.S. Money Guy Todd Strobel share different strategies on how to use whole life insurance to grow a business.

talks with guest Sam Denton from Denton Wealth Strategies. Together they approach the topic of student loan debt with a focus on the best ways to help medical professionals tackle their student loan debt.

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:

Get the free ebook and audiobook - Financial Planning has FAILED

Submit your questions [email protected]

Show Notes:

00:00 Introduction

00:29 Today's topic: How To Use Whole Life In Your Business

01:00 Walt Disney and Ray Kroc both used life insurance in their businesses

03:04 Real Estate and construction companies using whole life to grow their business

05:04 How borrowing against the life insurance doesn't impact the growth

06:29 How to get business loans even when you don't have a tradional credit line

07:57 The effectiveness of the cash value continuing to grow when borrowing against it

09:09 Direct recognition vs non direct recognition and what it means

11:06 Within the next 7 years will there be an opportunity to grow or save your business with an injection of cash?

12:31 Kim's opinion on buying life insurance policies on employees

13:55 Setting up a 401k company match vs insurance policies

Business owners are constantly thinking of how to grow their business and that is often tied to raising capital. Today, Kim Butler and No B.S. Money Guy Todd Strobel share different strategies on how to use whole life insurance to grow a business.

talks with guest Sam Denton from Denton Wealth Strategies. Together they approach the topic of student loan debt with a focus on the best ways to help medical professionals tackle their student loan debt.

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 special episode No B.S. Money Guy Todd Strobel talks with guest Sam Denton from Denton Wealth Strategies. Together they approach the topic of student loan debt with a focus on the best ways to help medical professionals tackle their student loan debt.

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:

Get the free ebook and audiobook - Financial Planning has FAILED

Submit your questions [email protected]

www.dentonwealthstrategies.com/debtreduction

www.studentdebtloanhero.com

Show Notes:

00:00 Introduction

00:24 Special guest interview with Sam Denton of Denton Wealth Strategies

03:16 Over 43 million people have student loan debt with many doctors over $180k

05:11 The first step is to start saving and be in control of your money

07:04 Offensive and Defensive approach to student debt

09:19 Understanding the difference between inflationary vs non inflationary

11:22 How the student loan bubble will impact our economy

12:39 Why Doctors can benefit the most from approaching student loan debt correctly

14:51 Visit www.studentdebtloanhero.com and www.dentonwealthstrategies.com/debtreduction