The Prosperity Podcast

This episode of the Prosperity Thinkers podcast focuses on the financial leaks that build up if we don't pay attention to our bank statements. Todd Strobel and Kim D.H. Butler discuss multiple ways to avoid allowing the fees and charges to build up. Finally, Kim explains how a specialized, separate account can help your money flow to more prosperous opportunities instead of going towards needless bank fees. In the beginning of the podcast, Kim and Todd discuss The Summit for Prosperity Economics Advisors and also the importance of transparency. 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 [0:21] Summit for Advisors Review [1:12] Promoting Prosperity Economics Education and Transparency [4:33] Non-Commission Products [6:41] Paying the Bank for Your Own Money [9:40] No Overdraft Policy [10:59] Reimbursed ATM Fees [11:51] Prosperity Flow-Through Account [14:05] Money Market Account Minimums [16:32] Financial Planning Has Failed [18:12] Outro

Todd Strobel and Kim D.H. Butler examine your vocabulary and explain the power in words. Today, Kim breaks down several ways to adjust your vocabulary to create more positive outcomes. Todd looks into the way we feed our brains. Finally, they compare trains of thought to better understand the words we attribute to different phrases in the financial world. 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 [0:20] Intro [1:06] Overview [1:40] The Power of Words from Will Duffy [2:36] Gratitude vs Entitlement [4:01] Compliment vs Criticize/Complain [5:51] Forgiving vs Holding a Grudge [6:48] Fail and Pivot vs Fail and Blame [9:09] Talking Ideas vs Talking People/Things [10:10] Feed Your Brain Valuable Words [11:28] Borrowing Against vs Borrowing From [13:41] Interest Payment vs Interest Cost [14:45] Pay-Up vs Pass-Up [15:50] Opportunity Cost [17:17] Busting the Interest Rate Lies [19:10] Wrap-Up [19:29] Outro

Today, on the Partners for Prosperity Podcast, Todd Strobel and Kim D.H. Butler dissect marketing spin as it applies to life insurance. Kim defines what marketing spin is as Todd explains how it affects different financial products and what we "know." They look at buzzworthy terms and all of the alternate names given to whole life insurance strategies, and why those terms may have a legitimate use to open minds. Finally, they look at how life insurance breaks through the negative spin the media has put on it. 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 [0:18] Intro [1:07] What is Marketing Spin? [1:42] Alternate names for Whole Life with PUA Rider [5:19] Dig a Little Deeper [7:55] A More Unique Look [10:31] The Stock Market and the Economy [13:24] Terms Around Marketing Spin [16:08] Summary [16:55] Financial Planning Has Failed [17:46] Outro

"No B.S. Money Guy" Todd Strobel and best-selling financial author Kim D.H. Butler discuss the lies we believe about interest rates. Todd looks at the traditional arenas in which people interact with interest rates. Kim breaks down the truths behind the perceived facts that surround interest rates. Finally, they discuss Kim's new book, Busting the Interest Rate Lies, which you can sign-up to be notified when it becomes available through our link. 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 [1:16] Overview [3:38] Understanding Interest Rates [4:53] Car and Furniture Financing Lies [7:07] Get the Cash Price [9:53] Busting the Interest Rate Lies [12:06] Wrap-Up [12:54] Outro

Todd Strobel and Kim D.H. Butler sit down to talk about the truths in life insurance returns. Todd breaks down the gross returns and how it's offset by your policy's expenses. Kim analyzes what returns for life insurance in 2015 look like. Finally, they implore listeners, if you have any questions or areas of confusion, reach out and we will explain it further and more clearly. How does whole life differ from IUL in how returns are calculated? What ARE the 2015 returns right now for whole life policies at various ages? Find out on today's episode! Show Notes: [0:00] Prologue [0:19] Intro [0:43] Overview [1:19] Explaining Life Insurance Returns [4:24] Numbers in Gross Returns [7:31] Peeling Back the Expenses [9:24] Mortality Expense [10:53] Index Universal Life Expense [11:56] Breaking Down the Returns [15:15] Live Your Life Insurance [15:32] Impact of Age on Life Insurance [17:26] Inforce Illustrations [19:09] Wrap-Up [19:25] Outro

On this episode of the Prosperity Podcast, Todd Strobel and Kim D.H. Butler examine how to have a positive mindset in a negative news world. Kim describes the way she finds best to shift her mindset. Todd talks about the process of trying to control your thoughts. Finally, they look at the recent interest rate talk and how it may be a matter of mindset shifting. 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 [0:55] Overview [2:19] Ideas from Strategic Coach [4:44] Can't Afford 15-Year Mortgage? Then Don't Buy [6:48] Falling Into "Scarcity Thinking" [8:38] Shift Your Mindset [10:03] Act As If… [11:12] You Can't Control What You Think [12:05] Interest Rate Mindset [13:33] Financial Planning Has Failed [15:16] Leave a Comment and Rate Us! [15:40] Outro

"No B.S. Money Guy" Todd Strobel and best-selling financial author Kim D.H. Butler sit down to talk bridge loans for the non-accredited investor. On today's episode, Todd and Kim explain the difference between being an accredited and non-accredited investor. Kim defines bridge loans and what makes investors eligible for them. Finally, Todd discusses why education on financial matters sits above all else. 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 [0:47] Accredited and Non-Accredited Investors [3:28] Unchanged Financial Terms [4:50] Options for Non-Accredited Investors [5:56] Explaining Bridge Loans [8:42] Contact Us for More Information [9:23] Availability of Accounts [10:10] Education is Paramount [10:49] Summary [12:55] Wrap-Up [13:04] Outro

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! Show Notes: [0:00] Prologue [0:19] Intro [0:42] "As Compared to What?" [3:27] Avoiding Invalid Comparisons [5:39] Finance Area 1: Savings [7:13] Finance Area 2: Cash Flow [8:39] Finance Area 3: Growth [9:34] Everything Your Money Should be Doing [11:08] One Product Won't do Everything [13:17] Always Ask Questions [14:53] Financial Planning Has Failed [16:32] Solutions Outside of Accredited Investing [18:24] Wrap-Up [19:06] 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! 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

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