Podcasts about todd strobel

Patrick Donohoe talks with Todd Strobel about his perspective of the economy right now and how we should open our eyes to discover a lot of opportunities amidst this current disruption we are in. This is a special episode that's sure to pique your interest. 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 Connect with Patrick https://paradigmlife.net/about/patrick-donohoe https://www.linkedin.com/in/paradigmlife www.thewealthstandard.com https://www.amazon.com/Simon-Sinek/e/B002CB2SDC Special Listener Gift Free eBook: Financial Planning Has Failed Show Notes 1:12 - Where Patrick see's the economy right now 4:28 - Don't be paralyzed and be prepared 5:50 - Alternative investments to look at 7:42 - If you were starting over from scratch where would you go for information? 11:23 - We are amidst a disruption with a lot of opportunity if people open their eyes 14:04 - Where to put extra money to outpace inflation 15:25 - Find out what you love doing, not what you have to do to pay your bills 17:37 - Why retirement doesn't work 18:39 - Patrick discovered something he didn't want in his business 21:17 - A different way to look at the 401k 23:30 - The alternatives to a 401k 25:10 - How to catch up when you don't feel prepared in your 50's 28:20 - Advice for passing wealth to the next generation 32:12 - Leave a legacy 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  

Curtis shares the 5 Step Money Organizer Plan to putting you in a position to be prosperous and to live prosperously. This was a special interview he did with Todd Strobel from The Prosperity Podcast. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being--5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com Links and Resources from this Episode http://www.moneyorganizerplan.com/index.html www.practicalwealthadvisors.com Email curtmay@gmail.com for free report on good debt vs. bad debt Call Curtis at 601-622-3121 The Prosperity Podcast Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed Show Notes Introducing Curtis May The Money Organizer Plan - 1:11 How the Money Organizer Plan Came About - 2:08 Step One: Creating ATM Money: Establishing a Short Term Liquid Fund - 3:11 Step Two: Debt Elimination - 10:09 Step Three: Building Cash Reserves - 14:17 Where to Go to Learn More? - 16:16 Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS

Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the money myths that float around in the financial world and one of those biggest myths is that the government wants to build people's wealth. Anyone with a 401k will hear about the government's true objective and see the potential risk on the horizon. Tune in to find out how to take control of your finances today. 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!

Summary: Best-selling author Kim Butler and No BS money guy Todd Strobel talk about money myths in particular whether or not it is a good idea to “self-insure” if you have enough money. Kim asks why it is that insurance companies provide more for you if you have more wealth, when society thinks you should have less? And finally Kim and Todd discuss the difference between gross and net worth insurance coverage. Tune in to find out how to take control of your finances today. 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!   Links in this Episode: Get the free ebook and audiobook - Financial Planning has FAILED Submit your questions hello@partners4prosperity.com   Show Notes: 00:00 Introduction 00:43 2 questions: can you self-insure? And should you self-insure? 02:35 Life insurance is not necessary. Especially if you have built up enough assets 06:34 Kim asks why is it that insurance companies will provide more if you have more wealth, yet our society thinks you should have less? 08:36 Life insurance runs things completely different from any other insurance-- it's need-based 08:58 Gross worth vs Net Worth insurance coverage 09:39 The answers to if you should self-insure, and can you? 12:15 The income tax free benefits of life insurance

Summary: In this fun and resourceful episode Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the mental nutrition and routines we have in our lives for consuming information and sharpening our minds. Together they share some of their favorite news sites, books, podcasts and much more.   Tune in to find out how to take control of your finances today. 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!   Links in this Episode: Get the free ebook and audiobook - Financial Planning has FAILED Submit your questions hello@partners4prosperity.com   Show Notes:   00:00 Introduction 00:28 Today's topic - Your News Diet and Your Mental Nutrition 02:27 How Kim gets news and information 04:05 The bulk of news is negative news 05:20 Be very careful of how you feed your brain 05:35 Kim's first pick is Christian Science Monitor 06:07 Todd's first pick is Audible.com 07:40 The podcast The Kind World Podcast 09:27 Positive and uplifting news The Good News Network 10:27 AARP.org inspiring stories for baby boomers 11:23 GrowingBolder.com hope and inspiration 12:55 Book Disrupt Aging by Jo Ann Jenkins 14:20 Book Quiet by Susan Cain 14:41 Share your favorite books and resources with us at hello@partners4prosperity.com 15:17 Audiobook Learning How to Avoid the Gap by Dan Sullivan

Summary: Can employing your kids be a tax advantage? In this episode Kim Butler and no B.S. money guy Todd Strobel sit down and talk about how employing children can offer several tax benefits and teach them the value of money. Children can do menial or low-skilled work and get compensated and you can benefit with tax breaks. For you to implement this in your financial strategy you will want to consult with your CPA or advisor and follow the guidelines presented by the IRS Tune in to find out how to take control of your finances today. 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!   Links in this Episode: Get the free ebook and audiobook - Financial Planning has FAILED Submit your questions hello@partners4prosperity.com   Show Notes: 00:00 Introduction 00:29 Today's topic: Taxes; and how to lower your tax bill 01:16 If tax money could be put back into your business, where would it do the most good? 01:54 Kim Butler: firm believer in paying someone else to do the work 02:32 Employ your kids so they learn the value of work and money (check with your CPA first) 3:45 Getting your kids to help work in your business may help solve family dynamics if they have their own money 4:14 Todd's idea: using your kid's pictures in marketing 5:34 Talks about teens having their own money, learn how to make their dollar stretch 6:39 Kim's ideas on what work kids and teens can do and in turn make them more independent financially 8:03 It's a win-win from a business point of view, child's point of view, and parent's point of view, and job market point of view 9:18 Make sure you stay in line with the law when employing children 10:20 Send in questions or comments

Summary: Most market expectations are based on information from the past. That alone won't cut it anymore since we live in an economy that advances by nanoseconds with bots and bytes of information. In this episode Kim Butler and no B.S. money guy Todd Strobel sit down and talk about rearview mirror investing and share one of the key principles of prosperity.   Tune in to find out how to take control of your finances today. 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!   Links in this Episode: Get the free ebook and audiobook - Financial Planning has FAILED Submit your questions hello@partners4prosperity.com   Show Notes: 00:00 Introduction 00:29 Today's topic: Rearview Mirror Investing 00:56 “Pilots don't use rearview mirrors” famous quote by Joel Weldon 01:47 Investing and trading happens in millionths of a second 02:58 Why the stock market did so well over the last 20 years 04:00 Why do you think we are so hung up on history as it relates to our investments? 04:21 Focus on what you can control 05:00 If you cannot control a particular marketplace you have no business investing in that company in the stock market 05:24 The reasons why Warren Buffett and Donald Trump win in the market 07:10 The 401k and baby boomers have completely changed the marketplace 10:09 The distinct difference between an asset that is growth oriented and an asset that is income oriented 10:41 Start your knowledge about the new economy in this free ebook Financial Planning has FAILED 12:50 Ask a question for the podcast hello@partners4prosperity.com

Summary: If you have money tied up in a 401k, 403b or a 529 plan then you will be shocked to hear about the regulations and restrictions placed on your money. Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the important prosperity values of maintaining control and simplicity. Tune in to find out how to take control of your finances today. 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! Links in this Episode: Get the ebook - Financial Planning has FAILED   Show Notes: 01:25 Talking about 401k, 403b and 529 plans 03:23 Giving up control is a major prosperity violation 04:20 Savings should be a guarantee and not fluctuate 04:47 Every 529 plan has the amount of money put in and the growth has been destroyed 06:18 Sometimes it's worth paying the penalty for the freedom of your money 06:50 What do you think the government's goal is? 10:34 Control and simplicity are important things to seek out in your investments 12:47 Your money needs to do 3 these three things

Summary: Should you get a conventional mortgage or a jumbo loan? In this episode Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the advantages of a 30 year mortgage and see numerically what makes sense in the long run.   Tune in to find out how to take control of your finances today. 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! Links in this Episode: Financial Planning Has Failed Ebook Busting Interest Rate Lies   Show Notes: 00:00 Intro 00:51 What Are Jumbo Loans & Are They Actually Bad? 01:15  What Do You Need to Know About Jumbo Loans? 04:11 Is It Worth it to Pay the PMI or Should You Put 20% Down? 07:07 Jumbo Rate vs. Conventional Rate Mortgage 12:45 Proving Numerically that a 30 Year Mortgage is More Efficient 13:41 Should You Work Toward Refinancing? 15:36 Should You Keep Your Equity in Your House? 18:18 Outro

Summary: Retirement planning is huge in the financial industry! But is it actually a good idea? Today our hosts, best selling author Kim Butler and no B.S. money guy Todd Strobel sit down to talk about the idea of “planning your retirement” and why you should avoid it all costs. They discuss the harms of trying to plan your financial future, and the alternatives to financial planning that provide the most financial security and return. Tune in to find out how to take control of your finances today. 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!   Links in this Episode: Financial Planning Has Failed Ebook Busting Interest Rate Lies   Show Notes: 00:00 Intro 00:42 Discussing the Concept of Retirement 03:02 What's Wrong With "Planning" Retirement 06:44 What Can You Do Instead of Retirement? 08:51 How Crucial It Is to Save 09:50 Resources 10:39 Why Financial Decisions Should Be Simple & Made By You 11:41 Outro

Summary: What's so great about compound interest? Our hosts Kim Butler and Todd Strobel think not as much as you think. For today's podcast, we sit down to discuss more financial planning industry lies - this time lies about compound interest. They talk about the importance of opportunity cost, how compounding is making problems worse, and how to be smart with your taxes and investments. Tune in to find out how to take control of your finances today! 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!   Links in this Episode: Financial Planning Has Failed Ebook Busting Interest Rate Lies Dalbar   Show Notes: 00:00 Intro 00:54 Lies that the Financial Planning Industry Promotes 01:07 What's So Great About Compound Interest? 02:53 The Importance of Opportunity Cost 05:51 Compounding is Making the Problem Worse 09:56 Being Smart With Taxes & Investments 13:00 Different Types of Investment & Savings Vehicles 15:06 Outro

Summary: Today our hosts, best selling author Kim Butler and No B.S. money guy Todd Strobel continue to talk about lies and myths within the financial planning industry! They discuss the fallacy of the “average” rate of return, and explain why no one actually receives this amount. They also talk about the difference between savings, investments...and gambling. Tune in to find out how to take control of your money today!   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!   Links in this Episode: Financial Planning Has Failed Ebook Busting Interest Rate Lies Dalbar   Show Notes: 00:00 Intro 00:38 More Financial Planning Myths & Lies 00:48 An Average Rate of Return Versus An Actual Return 04:12 Why You Should Never Store Wealth on the Stock Market 05:32 Why Do People Think Stocks are the Only Investment? 09:13 Why a Higher Rate of Risk Does Not Produce a Higher Rate of Return 11:06 What Else Can You Invest in Other Than Stocks? 13:15 Resources 15:03 Outro

Summary: Should you be prepaying your mortgage or getting a 15 year mortgage instead of a 30 year mortgage? Today our hosts best selling author Kim Butler and co-host Todd Strobel sit down to tackle one of the most pervasive lies in the financial industry: you should be trying to pay down your house as soon as possible. They talk about the flaws that home equity has as an asset, alternative places to store your money, and the value of peace of mind. Tune in to find out how to take control of your finances today! 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!   Links in this Episode: Financial Planning Has Failed Ebook Busting Interest Rate Lies   Show Notes: 00:00 Intro 00:44 Prepaying Your Mortgage & 15 Year Vs. 30 Year Mortgages 01:41 Why Prepaying Your Mortgage is Not the Answer 02:30 Why Home Equity May Not Be the Right Asset for You: The CLUE Test 06:27 What About Interest? 08:24 Busting the Interest Rate Lies 09:39 The Times When Peace of Mind Overrides the Financial Decision 10:32 How to Compare a 30 Year to a 15 Year Mortgage 14:32 What is a "Run Rate" 15:39 Resources 16:34 Outro

Summary: How much of the typical financial planning “wisdom” is actually a lie? Today our hosts best selling author Kim Butler and co-host Todd Strobel sit down to try and unpack some of the most common lies in the financial industry. They discuss whether bonds are actually a safe place to store your money, and whether or not “savings” and “investments” are the same thing. Tune in to learn how to take control of your money and your financial future. 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!   Links in this Episode: Financial Planning Has Failed Ebook CreateSpace   Show Notes: 0:00 Intro 0:42 List of Financial Planning Lies 2:37 Lie #1: Saving & Investing Are The Same Thing 6:34 When You Should Be Saving vs. Investing 13:06 Lie #2: Bonds Are the Place to Store Your Safe Money 19:10 Cash Value of Whole Life Insurance as a Safe Place for Money 20:40 Outro

Summary: Today on the Prosperity Podcast, best selling author Kim Butler and co-host Todd Strobel tackle a tough but important question: how to teach your kids about Prosperity economics & finances. They talk about how our own attitude about money can affect our children, and how to install in them the positive values of hard work and perseverance. 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!   Links in this Episode: Financial Planning Has Failed Ebook Prosperitypeaks.com (Website for Consumers) Prosperityeconomicsadvisors.com (Website for Advisors) Kim Butler's Amazon Author Page   Show Notes: 0:00 Intro 0:27 How Do You Introduce the Principles of Prosperity Economics to Your Children? 3:10 Stop Limiting Thinking to Show a Prosperity Mindset 8:01 Using Money to Teach Values 10:09 What About Allowances? 14:39 Supporting the "How" Around Prosperity Economics 16:38 The Concept of Giving Away Money 18:18 Resources for Learning About Prosperity Economics 19:33 Outro

Summary: What is the value of good health? Probably not something we can measure! However, the effect of certain healthy habits (and lack of unhealthy ones) can have a measurable effect on your finances! Today Kim Butler and Todd Strobel sit down to talk about the financial value of healthy living, and the best ways to incorporate healthy practices into your lifestyle, to not only feel better but increase your net worth! 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: 00:00 Intro 00:45 The Value of Good Health 02:20 Sleeping and Salary Increase 09:12 Exercise and Higher Pay 12:00 Smoking's Effect on Your Finances 15:31 Managing Stress 18:11 Outro

Summary: Today's episode covers a very specific situation, however, if you have or plan on purchasing a whole life policy, this very well may be a situation that you run into. Best selling author Kim Butler and co-host Todd Strobel sit down to talk about the best way to repay debt on loans against a permanent life insurance policy. They talk about the various reasons a loan may have been made, including hard financial times - and then they discuss how to optimize the repaying of this loan. Tune in to learn more about taking control of your financial future and keeping your money safe. 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 Intro 0:34 How To Repay Debt on Loans Against a Permanent Life Insurance Policy 1:26 Investigating a Case Study 8:03 Why the Loan Must Be Paid Before Making More Than Minimum Pay Deposition 11:53 What Else Can Be Done to Reduce the Outlay on the Policy 13:34 What Strategies Can Be Used to Anticipate Problems Setting Up the Policy? 16:42 Resources Financial Planning Has Failed 17:27 Outro

Summary: Approximately seven years ago, many good, profitable businesses found themselves in a bind because their line of credit was pulled by the bank, and ultimately had to shut down. Many business owners wonder if there is a way to continue to feed their business if the worst should happen to again and their access to reliable credit is cut off. Today on the Prosperity Podcast, best selling author Kim Butler and co-host Todd Strobel reach out to those trying to grow and manage their own business to discuss the importance of being able to borrow against cash value of life insurance in instances where credit is not an option. 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: 00:00 Intro 00:33  Reaching Out to the Self Employed 01:02 Keeping Our Doors Open With Cash Value of Life Insurance 04:41 How Do You Access Your Cash Value of Life Insurance? 07:21 The Problem With Seven Year Apnesia 07:59 What Do I Have To Do To Pay It Back? 13:15 What Could a Death Benefit Be Useful For in Business? 14:22 Should This Be Set Up as a Business Expenditure? 16:04 Outro

Summary: We all want to invest our money in profitable enterprises. Conversely, many of would also like to invest in programs and organizations that make the world a better place. Do these two goals always need to be separate? Today, our hosts best selling author Kim Butler and no b.s. Money guy Todd Strobel sit down to talk about investments that benefit the world, the investor, and the investee, or win win win investments. Tune in to find out how you can use your money to make a difference, while still keeping it safe and securing a profit! 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 Intro 0:30 Investments that Improve the World 2:40 The Importance of a Win Win Win Investment (Triple Bottom Line) 3:19 What is the Definition of a Win Win Win Investment? 3:39 How Do You Feel About Investing in Alcohol and Tobacco to Fund a Charity 4:56 Examples of Value Laden Investments 7:18 Investing Locally 10:55 The Benefits of For-Profits that Improve the World 12:36 Outro

Summary: Could low interest rates ever be a bad thing? Today our hosts best selling author Kim Butler and no b.s. Money guy Todd Strobel sit down to talk about how the federal reserve might be hurting us with low interest rates. They talk about the effect that low interest rates have on the majority of people's retirement plans and tax deferred accounts, the effects they may have on your pension, and their effects on the life insurance business, dividends, and mutual life insurance companies. Tune in to plan for your retirement and ensure that your money is safe and profitable. 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: 00:00 Intro 00:44 How the Federal Reserve is Tricking Us 01:21 Why Would the Federal Reserve Lower Interest Rates? 04:18 How This Affects Pension Funds 08:15 How Are Life Insurance Companies Dealing With This? 18:22 How Life Insurance Benefits the Living 20:03 Financial Planning Has Failed partners4prosperity.com/ebook 20:56 Outro

Summary: Annuities are super safe, require a super long commitment, and they could also cost you superbly. Today our hosts, best selling financial author Kim Butler and no b.s. money guy Todd Strobel sit down to talk about annuities, and the different type of annuities available. They talk about the different reasons why financial advisors might recommend annuities and why they never recommend tax deferred, fixed or equity index annuities. 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 Intro 0:43 Annuities 1:52 How Tax Deferred, Fixed & Equity Index, and Immediate Annuities Work 9:05 Alternatives to Annuities 14:43 Outro

Summary How do we get an accurate picture of our finances - not so up close that we can't see the forest from the trees, and not so far away that we're up in the clouds? Today, best selling author Kim Butler and no b.s. money guy Todd Strobel talk about how to get that perfect snapshot, that thirty thousand foot view, of our money. They explain what a prosperity profile sheet is, where you can go to get one, or how you can make your own! Tune in to take control of your finances and get your house in order today. 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   00:00 Intro 00:42 The Thirty Thousand Foot View 03:45 How to See the Big Picture 05:49 The Prosperity Profile - What's In It partners4prosperity.com 13:09

Summary: Why are so many retirees dissatisfied? Today our hosts no bs money guy Todd Strobel and best selling author Kim Butler sit down to talk about the growing number of dissatisfied and unhappy retirees. They talk about the primary importance of choosing to be happy, day to day and even minute to minute. They then turn their attention to the learning how to prepare (not plan!) for retirement, the role of fear in retirement preparation, and the importance of having cash flow. Tune in to find out more about how to set yourself up for a secure, prosperous retirement. 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: 00:00 Intro 00:24 Talking About the So Sad Retirees 01:14 Dissatisfied Retirees - Why is it Happening? 03:11 How to Prepare and Practice Creating a Choice to be Happy 10:02 The Importance of Cash Flow and the Role of Fear 12:12 Resources to Help Financial Planning Has Failed 14:48 Outro

Summary: 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. 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: 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 Financial Planning Has Failed 17:00 Outro

Summary: Do you have money in a qualified plan like a 401(k) or an IRA? Are you thinking about putting money into one? If so, this episode is for you. Today, our hosts Kim Butler and Todd Strobel sit down with special guest John Cummuta to talk about the dangers that qualified plans pose to your hard earned savings. They discuss the statistics that prove qualified plans are poor places to store your money, the alternatives, and the reasons why these plans are failing us. Tune in to take control of your finances and learn more about the way money works. 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 Intro 0:26 Introducing John Cummuta 1:06 How John Discovered the Problem With Qualified Plans 4:49 The System is Broken 6:44 Statistics that Show that Qualified Plans Are Broken 10:29 Why Have Qualified Plans Failed? 15:06 How to Get a John Cummuta's Banker's Secret to Permanent Family Wealth Text “smartestwealth” to 44422 15:59 Outro

Summary: Today on the Prosperity Podcast, best-selling author Kim Butler and our host Todd Strobel review a book they've both read recently, Disrupt Aging: A Bold New Path to Living Your Best Life at Every Age. They discuss the changing face of aging, and how new technologies and medicine that cause is to live longer and healthier are changing the way we think about death, dying, and the aging process. They talk about the effect that this has on financial planning and personal finance, as well as larger societal movements. 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: 00:00 Intro 00:29 Discussing Disrupt Aging: A Bold New Path to Living Your Best Life at Every Age 02:01 Shifting the Mindset 06:01 Products from the Financial Industry for the Aging (pg 138) 08:21 Social Security and Aging 13:02 What Is the Value of a Sabbatical Is? 17:58 Outro

Summary: Welcome to the ninety-sixth episode of the Prosperity Podcast! Today best-selling author Kim Butler and no b.s. money guy Todd Strobel sit down to review Matt Ridley's new book, The Evolution of Everything: How New Ideas Emerge. They talk about how the book dissects economics and economics progress, and the importance of letting things develop naturally. They also talk about the internet, education, and the very good reasons we have to be positive about our future. 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 Intro 0:30 Reviewing The Evolution of Everything: How New Ideas Emerge by Matt Ridley 1:49 The Evolution of Everything on Prosperity 4:28 Unlimited Prosperity: Leaving the Government Out of It 7:58 The Evolution of the Internet 10:42 The Education System in the Past, the Present, and the Future 13:36 The Importance of Unintended Things 17:06 Outro

Summary  It's finally happened! What we've been hinting at for so long, best-selling author Kim Butler's book, “Busting the Interest Rate Lies: Discover the Whole Truth About Money and How You Can Take Control of Yours” is published! On this episode of the Prosperity Podcast, Todd Strobel and Kim Butler talk about the inspiration behind the book and the content included. Don't be afraid to go and take a look for yourself - and if you do, don't forget to leave a review! 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 00:00 Intro 00:38 The Inspiration Behind Busting the Interest Rate Lies 04:12 How Truth Concept Calculator Ties Into the Book 06:06 Where to Find the Book & Who to Share it With 11:04 The Ability to Calculate the Interest Rate on a Real Estate Deal 13:48 The Subtitle: Discover the Whole Truth About Money and How You Can Take Control of Yours 15:20 Outro

Summary Today our hosts, best-selling author Kim Butler and no bs money guy Todd Strobel, discuss a financial article that Todd read on Modern Money Theory. Modern money theory is the idea that is actually makes sense to lower people's taxes, increase benefits, reduce the sale of bonds, and just inject more money into the money supply. Find out - is this a long term strategy? Will policies like this make for a stable economy? And more on this 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 Intro 0:48 What is Modern Money Theory? 1:54 Is Modern Money Theory a Good Idea? 3:36 A Hypothetical Question About Alpacas 6:34 What Can We Learn From Equating These Examples? 9:18 Your Thoughts on This? 11:14 Outro

Summary: Welcome to the ninety third episode of the prosperity podcast! Today our hosts Kim Butler and Todd Strobel talk about the idea of buying gold as an investment. They discuss the problem with labeling gold an “investment” and ask gold buyers to consider - what exactly do you want your money to do for you, and how does gold fit into that? Tune in to find out what investments can replace gold and what investments are actually effective hedges against inflation. 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: 00:00 Intro 00:53 Gold as an Investment 02:09 The Three Things That We Want Our Money to Do 03:56 Does Gold Create Value or Solve a Problem? 06:03 What About Gold That is Also Art? 08:51 Why You Shouldn't Use Gold as a Hedge Against Inflation 10:33 What is a Hedge Against Inflation? 12:02 The Problem With Storing and Controlling Gold 15:32 Outro

Summary Today on the Prosperity Podcast, our host Todd Strobel and co-host best-selling author Kim Butler sit down with a very special guest! Curtis May talks to us about his company, Practical Wealth Advisors, and his five step money organizer plan to putting you in a position to be prosperous and to live prosperously. Tune in to learn more about managing your money and find a way to live the life you want to live, now and later. 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 00:00 Intro 00:37 Introducing Curtis May Practical Wealth Advisors 01:22 The Money Organizer Plan email curtmay@gmail.com for free report for all listeners on good debt vs. bad debt 02:07 How the Money Organizer Plan Came About 03:17 Step One: Creating ATM Money: Establishing a Short Term Liquid Fund 10:11 Step Two: Debt Elimination 14:21 Step Three: Building Cash Reserves 16:24 Where to Go to Learn More? 601-622-3121 20:34 Outro

Summary: Join our host Todd Strobel and best selling author Kim Butler, today on the ninety first episode of the prosperity article as they discussed the absurdity of an article entitled “The Turning Forty Checklist in Planning for Retirement”. They talk about some of the problems with trying to save for retirement (when do you plan on start saving for?) and the importance of not putting things off till retirement (why not do it now?). They also discuss how being educated, and having a realy growth mindset and mentality, is better than a checklist where you rotely cross off boxes which is better than well...nothing. If you have any questions or comments, please reach out to us! We'll be happy to do a podcast answering your questions and will get back to you on any comments or feedback you might have!   Show Notes: [00:00] Intro [00:43] "The Turning Forty Checklist in Planning for Retirement" [01:28]  What is the Checklist? [04:20] What's Your Opinion About Equities? [06:21] How to Protect Yourself & Your Loved Ones [09:11] Whole Life Insurance & Savings [11:58] Keeping Your Money Safe & Productive [14:18] Up to the Match Level Only [14:37] Just Save More Money [16:23] Outro

Summary: Welcome to the ninetieth episode of the Prosperity Podcast! Join our host Todd Strobel and best selling Kim Butler as they talk about the best way to share prosperity economics with your friends, family, and co-workers. More important than any one product is the mindset and strategy of prosperity economics, and alternative financial strategy that allows people to keep their money save and build wealth. Most people would want to share those ideas with their loved ones - but they might not know how. If you're looking to share the principles of prosperity economics with the people close to you, but aren't sure how, this podcast is for you! If you have any questions or comments, please reach out to us! We'll be happy to do a podcast answering your questions and will get back to you on any comments or feedback you might have!   Show Notes: [00:00] Intro [01:18] How to Share the Information of Prosperity Economics [02:19] Rule Number 1: You Don't Need to Know their Personal Finances [03:53] Question Number 1: Where do you store your cash? [05:24] Question Number 2: Who do you know who wants to learn? [07:12] Rule Number 2: Refer them to Our Podcast [09:07] Helping Both Listeners & Readers [11:00] The Most Important Thing is Education [11:59] Outro

Summary   Best-selling author Kim Butler and co-host Todd Strobel welcome you the eighty ninth episode of the Prosperity Podcast! Today, they get together to talk about how to spend your (whole life insurance) death benefit while living! A lot of people don't need or don't want money after they die, they need it as they retire and as they grow older. Conversely, some people do not have heirs or close family they want to pass their money. Tune in to find out how to spend your death benefit while you're still alive! 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: 00:00 Intro 00:30 How to Spend Your Death Strategy While Living For a PDF of strategies email: tods@partners4prosperity.com 03:42 Strategy 1: The Pay Down 06:11 Strategy 2: A Reverse Mortgage 10:47 Strategy 3: Selling Your Death Benefit 11:17 Strategy 4: Charitable Remainder Trust 14:44 Outro

Summary  Welcome to the eighty eighth episode of the Prosperity Podcast! Today, best-selling author Kim Butler and host Todd Strobel “do the dividend thing” and go in depth with dividends! They explain the important difference between stock dividends and whole life insurance dividends - namely, that whole life insurance dividends are risk free (unlike stock) and virtually guaranteed (also unlike stocks). We hope you tune in today to learn more about how to guarantee your money, your savings, and your retirement, without being dependent on the random fluctuations of the stock market. 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 00:00 Intro 00:44 Doing the Dividend Thing 00:50 Comparing Whole Life Insurance & Stock Dividends 04:30 Example of Stock Versus Whole Insurance Dividends   06:43 How Are Whole Life Insurance Dividends Paid Out? 08:40 Interest Rates & Dividends 13:35 Whole Life Insurance is Not an Investment 14:54 Whole Life Insurance is a Place to Store Cash 15:53 Where to Find More Resources Financial Planning Has Failed by Kim D.H. Butler 17:52 Outro

Summary: Welcome to the 87th episode of the Prosperity Podcast! Today, best selling author Kim Butler and host Todd Strobel sit down to talk about their favorite financial books. They take care to differentiate between well written financial books and well informed financial books. Finally, Kim Butler talks about her own books that she has published, how they were written, and her soon to be published book Busting the Life Insurance Lies. Thank you for listening to the Prosperity Podcast! As always, don't hesitate to reach out to us at welcome@partners4prosperity.com, with any and all of your questions, comments, and concerns. We'd love to hear from you!   Show notes: 00:00 Intro 00:53 The Best Financial Books (to Kim Butler) Atlas Shrugged by Ayn Rand 05:28 The Mystery of Capital: Why Capitalism Triumphs in the West & Fails Everywhere Else by Hernando De Soto 07:02 Pirates of Manhattan by Barry Dyke 11:51 Busting the Retirement Lies by Kim Butler 12:37 Financial Planning Has Failed by Kim Butler 12:59 The Prosperity Paradigm by Steve D'annuncio 14:28 Outro

Summary: Welcome to the 86th episode of the Prosperity Podcast! Today, host Todd Strobel and best-selling author Kim Butler sit down to discuss the relationship between life insurance and savings. They answer the question of the one of the listeners “Do premiums paid to whole life insurance count as savings?”. They also discuss the same question for term life insurance. Finally, they explain insurance dividends in terms that everyone can understand. If you have any questions or comments, please reach out to us! We'll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!   Show Notes: 00:00 Intro 00:37 The Facts of Life 02:02 Do I Count My Whole Life Insurance Premiums as "Savings"? 05:25 Does Term Insurance Also Count as Savings? 07:07 Understanding Dividends 12:25 The Advantages and Stability of Whole Life Insurance Financial Planning has Failed free audio & ebook by Kim Butler

Summary Tune in to the eighty-fifth episode of the Prosperity Podcast! Today, our host Todd Strobel and best-selling author Kim Strobel talk about “unbelievable thinking” and the difference between Prosperity Thinkers and Poverty Thinkers. They explain how poverty thinkers reduce involvement, whereas prosperity thinkers work on self improvement - poverty thinkers stop dreaming, and prosperity thinkers set attainable goals. We hope this episode can help you improve your personal thinking so that you can enjoy more prosperity in your life! 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  00:00 Intro 00:24 Unbelievable Thinking 02:03 Poverty Thinkers versus Prosperity Thinking 06:27 Setting Attainable Goals 09:05 Financial Problems with Poverty Based Thinking 11:31 Seeking out Opportunity Especially in Crisis 12:46 Holding Back Constantly vs. Moving Forward in Some Form 14:28 Poverty Thinkers and Complaining versus Gratitude 16:57 Seeks Outside Approval vs. Building Internal Confidence 21:35 Outro

Summary: Welcome to the 84th episode of the Prosperity Podcast! Today, host Todd Strobel and best-selling author Kim Butler sit down to discuss the power of systems. Systems allow us to let our money work for us (to leverage our money) and to create cash flow, one of the main principles of prosperity. Taking advantage of systems doesn't require us to work harder to make more money, just smarter. One of the biggest components of utilizing systems is creating habits that work towards our financial prosperity, not against it. If you have any questions or comments, please reach out to us! We'll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!   Show Notes: 00:00 Intro 00:19 The Power of Systems 01:41 Building Linear Income & Having Your Money Work for You 03:02 Systems in the Real Estate Environment 06:14 Pitfalls of Systems & Problems with IRA Real Estate 08:14 How You Can Get One Dollar to Do Lots of Jobs in Real Estate 10:07 How to Get One Dollar to Do Lots of Job with Life Insurance 14:59 Good Debt Vs. Bad Debt The Millionaire Next Door 17:00 Combining Life Insurance Leverage and Real Estate 19:12 The Importance of Doing Your Homework 21:09 Outro

Summary: Join Kim Butler and Todd Strobel today as they discuss financial triage. Learn what three steps occur in a triage, and what personal financial triage means to you. Also, find out what to do if you are experiencing financial triage to take back control of your money and regain your lost opportunity cost. Most importantly, listen as Kim and Todd discuss addressing systemic finance errors, i.e., habits, like not saving consistently or investing with too much risk. Thank you for listening to the Prosperity Podcast and, as always, don't hesitate to reach out to us at welcome@partners4prosperity.com, with any and all of your questions, comments, and concerns. We'd love to hear from you!   Show notes: 00:00 Intro 00:15 Financial Triage 01:12 What Three Steps Occur in a Triage? 02:19 What is Financial Triage? 06:02 A Simple Example of Financial Triage 07:24 Financial Triage Around Insurance 08:16 What To Do If You're Experiencing Financial Triage 10:20 How To Make Today's Finances the Most Efficient That You Can 10:42 How the Media Affects Financial Triage 11:25 Addressing Systemic Finance Errors: Habits 11:55 Not Saving Consistently 12:58 Investing with too Much Risk 14:48 What Are the Most Important Financial Systems? 15:46 Contact Info 16:37 Savings Does Not Mean Sacrifice 16:58 Outro

Summary: Welcome to the eighty first episode of the Prosperity Podcast! Join best-selling author Kim Butler and host Todd Strobel as the talk about the concepts of double line investing and triple wins in finance. The best investments are investments where both the buyer (or the investor) and the seller (or the borrower) have opportunities to grow and make more money. This is called a double line investment. The coiner of this term, Peter Diamandis, just published a new book Bold: How to Go Big, Create Wealth, and Impact the World, where he elaborates on this concept. Kim Butler and Todd Strobel also explain what a triple win investment is, a very similar concept, except in this case, it's important that both the buyer, the seller, and the community as a whole (which could be a global community!) win too. 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: [00:00] Intro [00:34] Double Line Investing & The Triple Win [03:07] Examples of Investments That Benefit Everyone [07:07] More About the Double Bottom Line [10:27] Passion & Investments [12:38] Outro

Summary: What is the difference between typical finance and traditional finance? Join Kim Butler and Todd Strobel on this episode of The Prosperity Podcast to find out. Learn about how the stock market, and the risk involved in stock market investments, has changed over time and how that affects the most stable retirement and savings strategies today. Also, learn about the how different financial strategies are like either farming or hunting - either long term or short term - and either risk saturated, or risk avoidant. If you have any questions or comments, please reach out to us! We'll be happy to do a podcast answering your questions and will get back to you on any comments or feedback you might have!   Show Notes: 0:00 Intro 0:55 Ways to Compare Partners for Prosperity to the Mainstream 1:22 Traditional Versus Typical Finances 6:06 How the Stock Market Has Changed 10:55 The Difference Between Farming and Hunting (as an analogy for finance) 12:29 Farming Work as Long Term Work 16:06 Resources - Live Your Life Insurance 17:07 Outro

Summary: Welcome to the 80th episode of the Prosperity podcast! Join bestselling author Kim Butler and no bs money guy Todd Strobel today as they discuss the millennial mindset and it's implications for our future. Are millennials really ruining the future, or is there room to hope? How should their preferences influence our investment decisions today? And maybe most importantly, what is valuable about their mentality? 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: 00:00 Intro 00:32 The Millennial Mindset 01:37 Spending Money on Experiences 04:04 Technology and Millennials Peter Diamandis “Abundance is our future.” 06:56 Experience Oriented Products 07:57 Solving the Challenges of Today with Future Technology 09:55 How To Prepare to Transition into an Experiential Economy 11:29 The Six D's of Technology 13:37 Outro

Summary: What type of mindset do you have? On this episode of the Prosperity Podcast, join Kim Butler and Todd Strobel as they talk about the important difference between a growth mindset and a fixed mindset. Find out how a growth mindset can help you make more money and become more prosperous, while a fixed mindset will cause you to plateau. For more information on fixed and growth mindsets, check out our favorite new book by Carol Dweck, Mindset: The New Psychology of Success. If you have any questions or comments, please reach out to us! We'll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!   Show Notes: 00:00 Intro 00:43 Mindset: The New Psychology of Success by Carol Dweck 02:09 The Importance of the Growth Mindset 02:53 Tony Gonzalez & Mental Strength 04:37 Growth Mindset vs. Fixed Mindset 06:43 How This Applies to Finances 11:33 Dealing with Criticism 11:40Alternative Investments 13:26 Learning From the Success of Others 16:00 Outro

Summary: What's the difference between good and bad debt? When do you want to prepay a loan? Should your investment strategy be the same for an investment property and a property you live at (your home)? What is a good interest rate? When should you take out loans? Let best-selling author Kim Butler and co-host Todd Strobel walk you through the answers to these questions and more on this episode of the Prosperity Podcast. If you have any questions or comments, please reach out to us! We'll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!   Show Notes: 0:00 Intro 0:40 The Idea of Good Debt Versus Bad Debt 1:03 When to Prepay? 3:56 Is My Strategy the Same for an Investment Property and My Home? 8:50 Pay Attention to Your Interest Rates 9:52 Paying for Your Children's Education Versus Using a Student Loan 12:11 Other Debt Factors to Consider 14:12 Outro

Summary: Join us on the seventy-seventh episode of the prosperity podcast as best selling author Kim Butler and co-host Todd Strobel investigate fifteen year versus thirty year mortgages. Conventional wisdom seems to be based off of bank's best interest and marketing tactics, so the Prosperity Podcast breaks down the best ways to analyze different mortgages so that you can make the financial decision that's right for you. For more information on different types of mortgages, take a look at Kim Butler's book Busting the Financial Planning Lies or drop by truthconcepts.com for their visual breakdown of the differences. If you're looking to calculate the differences for yourself, try their free ten day download of this financial calculator. 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: [00:00] Intro [00:49] A Fifteen Year Versus a Thirty Year Mortgage [01:34] What Does "Conventional Wisdom" Say? [02:31] Consistent Time Frames & Consistent Cash Flows [05:19] How to Calculate This On Your Own [07:36] Consistent Interest Rates [08:29] The Third Alternative: Cash [11:03] Peace of Mind Versus Financial Discussions [13:07] The Importance of Having Cash Vs. Having Equity [16:18] Outro

Summary: Join Kim Butler and Todd Strobel today as they discuss negative interest rates. Learn about what they are, what their purpose is, and how that should affect your investment strategy. Also find out whether, ultimately, negative interest rate are a positive or negative thing for our economic well being. Always, don't hesitate to reach out to us at welcome@partners4prosperity.com, with any and all of your questions, comments, and concerns. We'd love to hear from you!   Show notes: 00:00 Intro 00:47 Today's Topic: Negative Interest Rates 01:04 Are We Experiencing Negative Interest Rates? 02:31 Are Negative Interest Rates Good or Bad? 08:25 An Inflationary Environment vs. A Deflationary Environment 11:55 The Importance of Free Market Inflation and Deflation 14:26 Understanding the Positive Aspects of Technology Peter Diamandis Positive Aspects of Technology Blog 15:32 Summary of Ideas 16:23 Outro

Summary: Welcome to the seventy-fifth episode of the prosperity podcast! Join our host Todd Strobel and bestselling author Kim Butler as they discuss the important difference between faux prosperity and real prosperity. Learn why annuities and universal life are more accurately labeled as faux prosperity products and how to become more aware of financial products that don't deliver on their promise. And of course, don't hesitate to reach out to us at welcome@partners4prosperity.com, with all your questions, comments, and concerns. We'd love to hear from you! Shownotes: 0:00 Intro 0:35 The Difference Between 4-Prosperity and Faux-Prosperity 1:42 Faux Financial Products: Universal Life 4:35 Annuities as a Faux Financial Product 6:42 The Importance of The First Principle of Prosperity: Think 7:36 Paying Attention to What We Read 9:05 Ignoring Marketing Messages: Don't Believe You're Not Enough 10:24 Always Look for the Whole Truth: Busting Interest Rate Lies 13:30 Outro

Summary: The worst day to invest your money is tomorrow! This episode of the prosperity podcast centers around the importance of educating ourselves and investing our money today, and not tomorrow. Join best selling financial author Kim Butler and host Todd Strobel as they discuss the importance of acting now and the cost of indecision. 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: 00:00 Intro 00:43 The Worst Possible Day to Invest: Tomorrow 03:54 Why You Shouldn't Wait for More Money 05:40 If You Already Have the Money, Why You Need to Invest 07:13 The Importance of Against the Grain Education 09:53 The Definition of an Investment for Partners for Prosperity 10:51 The Problem With The "More Risk, More Reward" Premise 12:50 How to Keep Learning 13:28 Outro

Summary: Join Kim Butler and Todd Strobel today as they talk about the pros and cons of the 401(h) plan. If you or your family members have considerable or even average amount of medical expenses, and are look for a way to deduct those expenses from their taxable income, this episode is for you! Always, don't hesitate to reach out to us at welcome@partners4prosperity.com, with any and all of your questions, comments, and concerns. We'd love to hear from you! Show notes: 0:00 Intro 0:40 The 401(h) (H as in Henry Plan) 2:59 401(h) and Medical Expenses 4:31 When Would a 401(h) be Useful? 6:09 How Does the Deductible WorK? 6:51 401(h): Taxes and Minimum Age 7:53 Be Grateful! 8:18 Outro