The Prosperity Podcast Why It's Ok to Stray From the 401(k) - Episode 102
Today on the Prosperity Podcast, our hosts, best-selling author Kim Butler and no bs money guy Todd Strobel, sit down to discuss 'why it's ok to stray from the 401(k)'. They talk about the difference between "saving" and "investing" and how those words have gotten confused in our everyday language. They also discuss what you should be doing with your money instead of investing in a 401(k) (not buying a jet ski!) - but putting your money in places where you have 'CLUE' - control, liquidity, use, and equity. Tune in to find out more about 401(k)s and how to keep your money safe.
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Show Notes:
00:00 Intro
00:36 How it's Ok to Stray from the 401(k)
02:14 What You Should Be Doing with Your 401(k) Money
02:59 What is the Difference Between Saving and Investing?
04:27 CLUE: Control, Liquidity, Use, and Equity
10:19 How is Life Insurance Different from 401(k)s?
13:36 Being Able to Use Your Opportunity Money
15:15 Educating Yourself More
17:00 Outro