The Prosperity Podcast

There's a much easier way to prepare for retirement than saving millions of dollars or hoping for recession proof double digit returns. In this episode Kim Butler demystifies what retirement really is helps us see a much favorable path towards financial success. Tune in with Kim D. H. Butler and Spencer Shaw 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For show notes and additional information of this episode go to http://partners4prosperity.com/category/podcast Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:09 - Retirement has only existed for about 75 years 2:00 - Why people are starting to wake up and not want to retire 3:11 - How to find a good measuring stick for risk and growth 4:30 - Why human beings are made to serve 5:22 - Your money can grow and not be at risk 5:43 - Why your focus should be on cash flow 6:28 - Growth vs Income 7:50 - How it's easier to focus on cash flow vs wealth 9:22 - The tax implications and what to expect Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

Setting goals and a clear vision is one sure way to make 2018 your best year ever. In this episode Kim and Spencer talk about how to change your mindset to adopt better habits and how to setup your day for success. We also get to hear what a typical day-in-the-life of Kim is and how we can apply those routines in our lives. Tune in with Kim D. H. Butler and Spencer Shaw 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to http://partners4prosperity.com/category/podcast https://www.csmonitor.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 0:51 - How to change your mindset to adopt better habits 2:03 - Creating a "not to-do" list 3:07 - What are you doing with the first and last 2 hours of your day? 4:28 - A day in the life with Kim 8:55 - How to 10X your mindset 11:54 - Why a vision is better than goals 13:01 - Once you get your mindset correct you need to verbalize what you're going after Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

If you want to avoid another stock market crash or market correction then this episode is for you. Kim Butler shares a strategy (not a product you buy) to redirect funds to something that won't rollercoaster ride, keeping your money safe and giving you more peace of mind. Tune in with Kim D. H. Butler and Spencer Shaw 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast Get the ebook and audiobook www.partners4prosperity.com/ebook Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 0:38 - How we can avoid a 201k 1:26 - If you have an employee 401k and Roth IRA plan you can still protect your asset 2:32 - Kim's strategy to protect your assets 4:15 - Shifting your money to something that's ultra conservative 5:03 - How you can make this change without a penalty 6:57 - The penalty for not making the switch 8:01 - Why now is time to stand up and take action 10:15 - Get the ebook and audiobook www.partners4prosperity.com/ebook Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

Understanding the difference between match and max on a 401k can be confusing. In this episode Kim Butler lays down the foundation and supplies strategies if you have existing 401k and Roth IRA plans. She even explains why we should shift assets into a more safe category. Tune in with Kim D. H. Butler and Spencer Shaw 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 0:29 - What's next after a Roth IRA and 401k 1:24 - The first step is to create a foundation 2:38 - Why you should only fund your 401k to the match level 4:24 - How come you don't control the Roth IRA and 401k 5:18 - Really good investments need lump sums of money 6:16 - Should you cancel your 401k plan? 7:34 - Shift existing assets in a 401k to not stock market related choices 8:44 - Making a major change isn't usually necessary and often not beneficial 10:07 - Borrowing against the difference of the match and max 12:45 - You always want your dollars to be moving 13:41 - While borrowing against cash value life insurance the growth of cash value is unaffected Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

Getting financing for your business can be a difficult challenge if you follow the typical approach of working with a bank. In this episode Kim Butler shares examples from entrepreneurs and corporations that followed the traditional route of getting capital to grow their businesses. Tune in with Kim D. H. Butler and Spencer Shaw 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to: http://partners4prosperity.com/category/podcast https://partners4prosperity.com/business-financing-secret https://www.amazon.com/Live-Your-Life-Insurance-Butler/dp/1441486895 Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:48 - We are grateful for No B.S. Money Guy Todd Strobel 2:09 - Traditional vs Typical strategies for financing your business 3:10 - J.C. Penny used whole life to support growth and cashflow challenges 3:33 - Walt Disney and Foster Farms borrowed against cash value to enable growth 4:23 - How Kim Butler uses cash value life insurance to support her business 5:58 - Why we view this as an emergency / opportunity fund 7:00 - You can own life insurance personally or have your business own it 8:02 - How long do you have to wait to access emergency / opportunity funds? 9:54 - There are no limits on the minimum or maximum 11:30 - Why most business owners aren't following the traditional methods 13:27 - How listeners can take the next step Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

How is President Trump's tax plan going to affect you and your finances? In this special bonus episode our friend Patrick Donohoe from The Wealth Standard Radio podcast interviews Tom Wheelwright who is an expert with taxes. Together they talk about this new tax plan and help us understand what we should expect moving forward. Tune in with Kim D.H. Butler and Spencer Shaw 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For resources and additional information of this episode go to http://partners4prosperity.com/category/podcast The original interview with Patrick and Tom - http://thewealthstandard.com/the-trump-era-tax-plans-winners-and-losers-episode-217 http://paradigmlife.net http://tomwheelwright.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 2:08 - Why Tom doesn't consider this a tax reform bill 3:20 - The differences between the Senate bill and the House bill 7:23 - How the VAT is our biggest competition overseas 16:55 - Why Wall Street has the most to gain from this tax bill 20:35 - Over 400 pages of pork spending and other surprises inside 35:13 - Will this bill really create jobs and follow the Trump narrative? 38:45 - How this may create the biggest real estate tax opportunities we've seen in decades 41:09 - Who the biggest losers may be under this tax plan 48:03 - Should we adopt a VAT in the USA? Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

The final years of life are often the most expensive and unpredictable. We cover the different options with long term care and how the principles of prosperity can prepare you for the future. This is a past recording which was one of our most popular episodes. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast Medcure: medcure.org Heritage Cremation Provider: www.heritagecremationprovider.com Five Wishes: fivewishes.org Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:07 Asset Based Long Term Care 1:32 Long Term Care Riders in Whole Life Policies 2:30 Asset Based Long Term Care formed with An Annuity 3:45 Looking at Your Situation Holistically 6:57 Seven Principles & Long Term Care 10:41 You can have life insurance, long term care and still receive positive interest rates 14:00 Outro Review and Subscribe If you like what you hear please leave a review by clicking hereSubscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

We've all heard the debate about 30 year vs 15 year mortgages and what is best for the long term and short term financial situations. In this episode we'll cover prepaying mortgages, home equity and why to consider the peace of mind approach. This is a segment from one of our most popular past recordings. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast https://www.amazon.com/Busting-Interest-Rate-Lies-Discover-ebook/dp/B01DX0JP6I Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 01:18 Prepaying Your Mortgage & 15 Year Vs. 30 Year Mortgages 01:52 Why Prepaying Your Mortgage is Not the Answer 02:41 Why Home Equity May Not Be the Right Asset for You: The CLUE Test 06:34 What About Interest? 08:38 Busting the Interest Rate Lies 10:00 The Times When Peace of Mind Overrides the Financial Decision Review and Subscribe If you like what you hear please leave a review by clicking hereSubscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

This episode is about how to make the most of your dollar and create cash flow from your assets. This audio is one of our most popular episodes covering the different ways to create cash flow. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast Financial Calculator: truthconcepts.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 00:57 The old way of creating assets that pay you 01:55 Interest and bonds are not as secure now 02:33 More effective ways to create income with real estate investing 02:55 Bridge Loan Providers take away some of the work of Real Estate 04:25 Financial Calculator 09:10 Truth trainings 09:45 Questions about bridge loans 10:25 Residential vs. Commercial bridge loans 13:20 Accredited advisors 14:00 Senior Life settlements 14:41 eBook: Financial Planning Has Failed 16:41 Independent Advisors provide better advice Review and Subscribe If you like what you hear please leave a review by clicking hereSubscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

Credit cards are used in nearly every store and even on our phones. In this episode Kim and Todd talk about the different types of credit cards and which type of cards to avoid. They also share resources on credit card calculators so you can understand how much interest you are really paying back. Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel 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 hello@partners4prosperity.com and we may answer it in an upcoming episode. Links and Resources from this Episode For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast http://truthconcepts.com/how-155-in-credit-card-debt-becomes-38850-in-payments/ https://www.dallasfed.org/educate/calculators/open-calc.aspx https://venmo.com Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:45 - Writing a check is one of the more exposed way of transferring money 2:21 - You can now use credit card for purchases less than a dollar 5:00 - The different types of credit cards 6:43 - Why Kim isn't a fan of store cards 10:18 - The debit card discussion 10:53 - Venmo, an easy way to move money around 14:04 - How the state laws and credit cards can affect you 16:36 - Pay off your card every month or put together a game plan Review and Subscribe If you like what you hear please leave a review by clicking hereSubscribe on your favorite podcast player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS