The Prosperity Podcast

Todd Strobel and Kim D.H. Butler look at important questions to ask on this episode of the Prosperity Podcast. The question of comparison is analyzed by Todd and Kim. Kim breaks down finances into three simple areas. Todd explains what your money should be doing. Finally, Kim describes alternative investing solutions to non-accredited investors.

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!

Today, on the Prosperity Podcast, Todd Strobel and Kim D.H. Butler discuss peer-to-peer lending. In this episode, Kim speaks to the several advantages of P2P lending, for both investor and borrower. Todd lays out a few statistics regarding P2P lending and how these numbers compare to other ways of investing. Finally, they explain the potential dangers of P2P and how to utilize it in your portfolio. 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!

Show Notes:

[0:00] Prologue

[0:19] Intro

[1:46] Overview

[2:22] From the Investor POV

[5:15] From the Borrower POV

[6:52] P2P Lending Statistics

[10:14] Spreading Out Your Investments

[12:45] P2P as a Learning Tool

[15:22] P2P in Your Portfolio

[17:17] Beware of the Bank Players

[17:59] Financial Planning Has Failed

[18:25] Outro

Today, on the Prosperity Podcast, Todd Strobel and Kim D.H. Butler discuss peer-to-peer lending. In this episode, Kim speaks to the several advantages of P2P lending, for both investor and borrower. Todd lays out a few statistics regarding P2P lending and how these numbers compare to other ways of investing. Finally, they explain the potential dangers of P2P and how to utilize it in your portfolio.

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!

To pay, or not to pay, that is the question on today's episode of the Prosperity Podcast. Todd Strobel and Kim D.H. Butler respond to a client question about how to approach and handle money in a pre-tax account against when it's in a post-tax account. Kim and Todd explain the issues that arise with the 401(k) and IRA realms. They offer alternatives to handle IRA money, as well as, options outside of traditional thinking, which include bridge loans, life settlements, and life insurance.

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!

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:31] Overview

[1:16] Pre-tax vs. Post-tax Money

[4:11] 'Net' It Down

[5:23] Explaining the Stretch IRA

[7:41] Split-Up Your IRA

[10:04] Shift Your Thinking

[12:00] Leaving Money for a Charity

[13:57] Money in a Tax-deferred Account

[15:32] Converting to a Roth IRA

[17:53] Summary

[18:31] Financial Planning Has Failed

[18:50] Wrap-Up

[19:13] Outro

To pay, or not to pay, that is the question on today’s episode of the Prosperity Podcast. Todd Strobel and Kim D.H. Butler respond to a client question about how to approach and handle money in a pre-tax account against when it’s in a post-tax account. Kim and Todd explain the issues that arise with the 401(k) and IRA realms. They offer alternatives to handle IRA money, as well as, options outside of traditional thinking, which include bridge loans, life settlements, and life insurance.

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!

Todd Strobel and Kim D.H. Butler take a look at the U.S. Bureau of Labor Statistics report on how the average American spends their money. Todd goes over the demographics and how it reflects the "average" American. Kim explains what each category means and what the numbers are indicative of. Finally, they look over the most troubling numbers of all regarding Americans life insurance and pension expenditures.

What do the spending trends reveal? Do you know how your spending stacks up? Find out on today's episode of the Prosperity Podcast.

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!

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:35] Overview

[1:17] A Look at the Demographics

[1:48] Owning and Renting Residences

[4:01] A House As An Investment

[5:09] Annual Costs of Dwellings

[6:29] Food At and Away From Home

[8:07] Transportation Costs

[10:04] Health Care Expenditures

[11:53] Personal Insurance and Pensions

[15:46] Insurance Summary

[16:13] Entertainment vs. Education

[17:26] Wrap-Up

[18:13] Outro

Todd Strobel and Kim D.H. Butler take a look at the U.S. Bureau of Labor Statistics report on how the average American spends their money. Todd goes over the demographics and how it reflects the “average” American. Kim explains what each category means and what the numbers are indicative of. Finally, they look over the most troubling numbers of all regarding Americans life insurance and pension expenditures. Do you know where you fall in each of these categories? Find out on today’s episode of the Prosperity Podcast.

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!

Todd Strobel and best-selling financial author Kim D.H. Butler look at the recent downturn and volatility in the stock market. Kim explains that risk does not have to equal reward. They offer alternative investment options away from the market. Todd questions the thrill of gambling. Finally, they discuss leaving the wild ride and share information to contact our Prosperity Economic Advisors.

If breaking even is your goal, do you know the opportunities you've already missed? Find out how to get OFF the stock market roller coaster on today's episode of the Prosperity Podcast!

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

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:31] Overview

[1:27] Volatility in the Market

[2:44] We've Been Programmed to Accept Risk

[3:55] Know What You Know

[8:29] People Looking For a Thrill

[10:11] Breaking "Even"

[12:39] Phase-Based Investment Strategy

[13:54] Our Open Door

[14:59] Financial Planning Has Failed

[15:40] Outro

Todd Strobel and best-selling financial author Kim D.H. Butler look at the recent downturn in the stock market. Kim explains that risk does not have to equal reward. They offer alternative investment options away from the market. Todd questions the thrill of gambling. Finally, they discuss leaving the wild ride and share information to contact our Prosperity Economic Advisors. If breaking even is your goal, do you know the opportunities you’ve already missed? Find out on today’s episode of the Prosperity Podcast.

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!

Today, on the Prosperity Podcast, Kim D.H. Butler and Todd Strobel explain what occurs when whole life insurance policyholders miss one or more premium payments. They discuss the flexibility built into whole life insurance policies, and what many policyholders forget – that if they have an interruption in income, their policy may be able to HELP them pay essential bills! Kim breaks down the order to use your money when you're able to make payments again: base premiums, repaying the policy loan, or paid-up additions? Todd looks at the benefits in the self-employment realm.

It's important to have your money accessible when it's needed – do you have that safety net? Find out on today's episode how life insurance provisions can help. 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!

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:43] Overview

[1:22] Automatic Premium Loans

[4:22] Where to Focus Your Money

[5:27] You Always Qualify for Your Cash Value

[6:31] Start on the Base Premium Payments

[7:35] Reduce the Loan Down

[8:24] Paid-Up Additional Contribution

[9:40] Self-Employed Life Insurance

[11:10] Life Insurance Flexibility

[13:14] Financial Planning Has Failed

[13:49] Outro