The Prosperity Podcast

Kim D. H. Butler and Spencer Shaw
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Apr 27, 2015 • 13min

Using Life Insurance Before Death - Episode 006

Picking up where they left off last episode, "No BS Money Guy," Todd Strobel, and best-selling financial author, Kim D. H. Butler, resume talking about life insurance and how we can use it for our benefit before our death. Todd and Kim discuss two different working examples of how we can utilize our death benefits during our lifetime. They present the pros and cons of various life insurance policy options and make recommendations on which they believe could be in our best interest in certain situations. Many people do not realize how life insurance can be used to transfer wealth while the policyholder/insured is still alive and well! We are encouraged by the hosts to not wait until death to use our insurance to benefit others, but rather to give while we live. 0:19 – Hi everybody! 0:33 – Picking up where we left off 0:50 – Using your life insurance in your 70's 80's and 90's 1:11 – Benefiting the next generation with life insurance 1:29 – Utilizing both term and life insurance 2:20 – Example of how to use your own death benefit during life 4:00 – Second Example 6:58 – Clarifying examples 8:20 – Buying life insurance for permission to spend 9:40 – Touching on universal life insurance policies 10:17 – Question: using life insurance to give 11:35 – Wrapping up
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Apr 23, 2015 • 12min

Inflation - The Hidden Tax - Episode 005

Together again, "No BS Money Guy," Todd Strobel, and best-selling financial author, Kim D. H. Butler, take on the topic of the hidden tax that all Amercians face. It's a silent, stealth tax that no voters approve, yet it robs us nonetheless. The hidden tax our hosts refer to in this episode is INFLATION. It erodes our savings and injures our earning potential. With an open transparency, Todd and Kim discuss this hidden tax and tell us what the government doesn't want us to know about who it is benefiting. They caution us against lifestyle inflation as well, and give us tools to help us navigate through these sly and concealed financial thieves. 0:18 – Welcome back 0:40 – Preview of episode content 2:02 – What exactly is this hidden tax? 3:45 – Who is inflation actually benefiting? 6:15 – Talking about lifestyle inflation 7:00 – Addressing top challenges of inflation 9:10 – Reviewing top challenges 11:10 – For personal situations, visit our website
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Apr 21, 2015 • 17min

The Power of Focus - Episode 004

What is it you want to accomplish with your money? Is what you're doing with your dollars helping to make that happen? Join "No BS Money Guy" Todd Strobel and bestselling financial author, Kim D.H. Butler as they discuss how the power of focus relates to your prosperity. Are your thoughts and actions helping you reach your financial goals? Hear examples and suggestions of how our focus can serve us and help us build peace of mind as well as financial prosperity. When investors try to be fence sitters, their dollars end up compromised and ineffective. Todd and Kim discuss how putting some money firmly on each side of the fence can stabilize us and help prevent a nasty financial tumble. By looking outside the stock market, the hosts show listeners how they can increase control over their dollars and produce the best, most immediate financial results. 0:19 – Hi and Welcome 0:49 – What are we talking about in this episode? 2:00 – The power of focus and why we must focus on what we can control 3:30 – Don't sit on the fence with your money! 5:20 – Safety outside of the stock market 12:20 – Are you making your money do what you want it to? 13:00 – What to do about the rumored collapse of the US dollar 14:24 – Last minute 401K question 16:40 – Thank you for listening!
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Apr 17, 2015 • 19min

Bringing the 7 Principles of Prosperity to Life - Episode 003

You've heard what the 7 Principles of Prosperity™ are, now how do you use them to maximize your money? In this episode of The Prosperity Podcast, No B.S. Money Guy, Todd Strobel, and best-selling financial author, Kim D. H. Butler, examine a real life example through the lens of the 7 Principles. Using the 7 Principles of Prosperity as an "opportunity filter," Kim and Todd look at Bridge Loan investments in the form of first lien commercial and investment mortgages. (Read about bridge loan investments and hard money lending here.) Breaking it down, principle by principle, Todd and Kim explain how each of these 7 concepts work in the example of a first lien mortgage situation. They also explain how to evaluate any investment for its wealth-building potential according to the 7 Principles of Prosperity™. 0:18 – Welcome with Todd Strobel 0:30 – Episode Preview 1:11 – Starting off with first lien mortgage loans 2:20 – Using the 7 Principles of Prosperity as an opportunity filter 2:35 – Applying Principle #1: Thinking about investments 4:53 – Applying Principle #2: Seeing from a big picture perspective 7:29 – Applying Principe #3: Measure opportunity costs 9:30 – Appling Principle #4: Cash Flow10:49 – Applying Principle #5: Controlling your investment 12:20 – Applying Principle #6: Move your dollars 13:10 – Applying Principle #7: Multiply your money 13:39 – Touching on life insurance 14:05 – Optimizing your dollars 15:18 – Recapping/Clarifying 16:55 – Utilize our advice! 18:20 – Closing comments
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Apr 15, 2015 • 17min

Powerful Principles of Prosperity - Episode 002

Picking up where they left off last episode, Kim D. H. Butler joins No BS Money Guy Todd Strobel in discussing the remaining 4 principles of the 7 Principles of Prosperity. Kim and Todd start the episode off by reminding us of the first 3 principles – Think, See, and Measure – and briefly recap details and applications of these 3 principles. Continuing on, Kim then introduces the remaining 4 principles: Flow, Control, Move, and Multiply. She goes into detail about what these principles are and what they mean for us. She provides strategies involving these principles to help us more fully utilize our money and maximize our prosperity potential. After Kim briefly reviews with us the 7 principles, Todd recounts two real-life client examples to help illustrate how using these principles can help us be more financially prosperous and have financial flexibility. He then compares that to a story illustrating how ignoring these principles can cause fiscal hurt and restrict our financial freedom. 0:00 – Introduction 0:15 – Hello with Todd Strobel 0:27 – Picking up where we left off 0:51 – Reviewing first 3 principles of prosperity 4:23 – Principle #4: Flow 5:08 – Cash flow should start the day you start saving money 5:45 – Money shouldn't end when in a retirement or savings account 7:04 – Principle #5: Control 7:30 – Who controls your money? 8:49 – Principle #6: Move 9:30 – Move your money through things, not to them 11:00 – Principle #7: Multiply 11:50 – Do your dollars do multiple things? 12:35 – Review of 7 Principles 14:00 – Example of real life clients 15:48 – Wrapping up
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Apr 13, 2015 • 21min

Lets Talk Prosperity - Episode 001

Bestselling author Kim D. H. Butler and co-host Todd Strobel sit down to talk Prosperity and discuss strategies to help us reach that lofty goal. Kim shares what Prosperity means to her and how to get our dollars to do more by utilizing a prosperous mindset. Kim and Todd discuss the differences between Scarcity and Prosperity and the benefit of recognizing continuous potential for more resources. We can learn how to experience prosperity without taking away from someone else. Todd and Kim tell us about how we don't have to take greater risks with our money in order to experience prosperity; we don't have to settle and deal with risk tolerance. They introduce us to the 7 Principles of Prosperity and review the first three: Think, See and Measure. 0:17 – Introduction with Todd Strobel 1:21 – Kim D. H. Butler's take on the word Prosperity. 3:10 – Prosperity versus scarcity. 6:22 – Isn't prosperity related to risk? 10:20 – Introducing the 7 Principles of Prosperity. 10:30 – Principle number one: Think. 13:51 – Principle number two: See. 16:32 – Principle number three: Measure (opportunity cost). 18:42 – Questions? Reach out to us! 20:44 – Wrapping it up

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