The Prosperity Podcast

If you have money tied up in a 401k, 403b or a 529 plan then you will be shocked to hear about the regulations and restrictions placed on your money. Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the important prosperity values of maintaining control and simplicity. Tune in to find out how to take control of your finances today.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Should you get a conventional mortgage or a jumbo loan? In this episode Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the advantages of a 30 year mortgage and see numerically what makes sense in the long run.

Tune in to find out how to take control of your finances today. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Summary:

Retirement planning is huge in the financial industry! But is it actually a good idea? Today our hosts, best selling author Kim Butler and no B.S. money guy Todd Strobel sit down to talk about the idea of "planning your retirement" and why you should avoid it all costs. They discuss the harms of trying to plan your financial future, and the alternatives to financial planning that provide the most financial security and return. Tune in to find out how to take control of your finances today.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Links in this Episode:

• Financial Planning Has Failed Ebook
• Busting Interest Rate Lies

Show Notes:

00:00 Intro

00:42 Discussing the Concept of Retirement

03:02 What's Wrong With "Planning" Retirement

06:44 What Can You Do Instead of Retirement?

08:51 How Crucial It Is to Save

09:50 Resources

10:39 Why Financial Decisions Should Be Simple & Made By You

11:41 Outro

Retirement planning is huge in the financial industry! But is it actually a good idea? Today our hosts, best selling author Kim Butler and no B.S. money guy Todd Strobel sit down to talk about the idea of “planning your retirement” and why you should avoid it all costs. They discuss the harms of trying to plan your financial future, and the alternatives to financial planning that provide the most financial security and return. Tune in to find out how to take control of your finances today.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Summary:

What's so great about compound interest? Our hosts Kim Butler and Todd Strobel think not as much as you think. For today's podcast, we sit down to discuss more financial planning industry lies - this time lies about compound interest. They talk about the importance of opportunity cost, how compounding is making problems worse, and how to be smart with your taxes and investments. Tune in to find out how to take control of your finances today!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Links in this Episode:

• Financial Planning Has Failed Ebook
• Busting Interest Rate Lies
• Dalbar

Show Notes:

00:00 Intro

00:54 Lies that the Financial Planning Industry Promotes

01:07 What's So Great About Compound Interest?

02:53 The Importance of Opportunity Cost

05:51 Compounding is Making the Problem Worse

09:56 Being Smart With Taxes & Investments

13:00 Different Types of Investment & Savings Vehicles

15:06 Outro

What’s so great about compound interest? Our hosts Kim Butler and Todd Strobel think not as much as you think. For today’s podcast, we sit down to discuss more financial planning industry lies - this time lies about compound interest. They talk about the importance of opportunity cost, how compounding is making problems worse, and how to be smart with your taxes and investments. Tune in to find out how to take control of your finances today!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Summary:

Today our hosts, best selling author Kim Butler and No B.S. money guy Todd Strobel continue to talk about lies and myths within the financial planning industry! They discuss the fallacy of the "average" rate of return, and explain why no one actually receives this amount. They also talk about the difference between savings, investments...and gambling. Tune in to find out how to take control of your money today!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Links in this Episode:

• Financial Planning Has Failed Ebook
• Busting Interest Rate Lies
• Dalbar

Show Notes:

00:00 Intro

00:38 More Financial Planning Myths & Lies

00:48 An Average Rate of Return Versus An Actual Return

04:12 Why You Should Never Store Wealth on the Stock Market

05:32 Why Do People Think Stocks are the Only Investment?

09:13 Why a Higher Rate of Risk Does Not Produce a Higher Rate of Return

11:06 What Else Can You Invest in Other Than Stocks?

13:15 Resources

15:03 Outro

Today our hosts, best selling author Kim Butler and No B.S. money guy Todd Strobel continue to talk about lies and myths within the financial planning industry! They discuss the fallacy of the “average” rate of return, and explain why no one actually receives this amount. They also talk about the difference between savings, investments...and gambling. Tune in to find out how to take control of your money today!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Summary:

Should you be prepaying your mortgage or getting a 15 year mortgage instead of a 30 year mortgage? Today our hosts best selling author Kim Butler and co-host Todd Strobel sit down to tackle one of the most pervasive lies in the financial industry: you should be trying to pay down your house as soon as possible. They talk about the flaws that home equity has as an asset, alternative places to store your money, and the value of peace of mind. Tune in to find out how to take control of your finances today!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Links in this Episode:

• Financial Planning Has Failed Ebook
• Busting Interest Rate Lies

Show Notes:

00:00 Intro

00:44 Prepaying Your Mortgage & 15 Year Vs. 30 Year Mortgages

01:41 Why Prepaying Your Mortgage is Not the Answer

02:30 Why Home Equity May Not Be the Right Asset for You: The CLUE Test

06:27 What About Interest?

08:24 Busting the Interest Rate Lies

09:39 The Times When Peace of Mind Overrides the Financial Decision

10:32 How to Compare a 30 Year to a 15 Year Mortgage

14:32 What is a "Run Rate"

15:39 Resources

16:34 Outro

Should you be prepaying your mortgage or getting a 15 year mortgage instead of a 30 year mortgage? Today our hosts best selling author Kim Butler and co-host Todd Strobel sit down to tackle one of the most pervasive lies in the financial industry: you should be trying to pay down your house as soon as possible. They talk about the flaws that home equity has as an asset, alternative places to store your money, and the value of peace of mind. Tune in to find out how to take control of your finances today!

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!