Blog

Annual Review Checklist

Keeping your finances on track… Prosperity Economics  style.

P4P032-AnnualInsuranceReviewChecklistKim Butler and Todd Strobel go over several ideas, strategies, and best practices to maximize your money. For instance, Kim explains how you may be able to dramatically increase the upper limits of your property and casualty protection… with NO out-of-pocket costs!

Kim and Todd also give an important tip on how you can use your smartphone to help protect your belongings! Kim discusses mortgages, life insurance, disability, and long-term care insurance as well. Finally, they discuss where and how to store your cash. When was the last time you looked over your insurance and finances? Has it been too long? Find out what steps to put on your financial checklist on today’s 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! Continue reading

Posted in INSURANCE ADVICE, ORGANIZING YOUR FINANCES, Podcast, PROSPERITY ECONOMICS | Tagged , | Leave a comment

Estate Planning Is for Everyone

“Plans are nothing; planning is everything.”
– Dwight D. Eisenhower

Estate Planning ChartEstate planning is often thought of having to do only with protecting your assets from future taxation and something that only people of a certain level of wealth do. However, that is incorrect, as we’ll see in today’s guest post from Tom Wheelwright, author of Tax-Free Wealth and the founder and CEO of ProVision Wealth Strategies.

Why Everyone Needs an Estate Plan

A key part of a wealth strategy is to protect the wealth you build. Estate planning plays an important role in protecting your wealth by making sure your wealth is distributed in the way you want after your death. Continue reading

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The Momentum of a Movement

The Prosperity Economics Movement vs. a Financial Practice

Best-selling financial author Kim Butler and No B.S. Money Guy Todd Strobel explain why Partners for Prosperity has chosen to be part of a MOVEMENT – not simply a “financial practice.” They discuss how a movement differs from a practice. Kim tells us how Partners for Prosperity is focused more on cooperation with others in our industry than gaining a competitive advantage against them.

Todd recommends the best type of people to have in your corner on your financial team. Finally, they leave us with action steps to help you analyze your life insurance. Will you join the movement? Find out more on today’s episode of the Prosperity Podcast.

If you would like the opportunity for us to answer your question on the show or be a guest on our show, be sure to keep sending us questions and reach out to us!

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What to Do With $100,000

What’s the Best Use of a Windfall or Lump Sum of Money?

P4P030-WhatToDoWith100k

Kim D. H. Butler and host Todd Strobel discuss an article in Money Magazine, “13 Things to Do with $100k.” Should you remodel your home? Buy a franchise? Purchase an annuity?

They break down the list of options and also discuss alternative investments. Kim defends the belief of protecting the principle. Todd praises Kim for all her work in making clients’ money do more for them.

If they had $100,000, wouldn’t our hosts buy a Tesla, too? Find out on today’s episode of the Prosperity Podcast.

If you would like the opportunity for us to answer your question on the show, be sure to keep sending us questions!

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Posted in ALTERNATIVE INVESTMENTS, INVESTING ADVICE, PERSONAL FINANCES, Podcast, WEALTH-BUILDING | Tagged , , | Leave a comment

The Study of Our Business – Life Insurance Analysis

$156 Million in Life Insurance… and Counting!

P4P029-TheStudyOfOurBusinessKim Butler and Todd Strobel discuss a recent analysis from an insurance company we do business with. What do the findings tell us? What kind of life insurance do our clients buy, and why? What do they do with it? What do we know about our clients from the study? Find out on today’s show.

If you would like the opportunity for us to answer your question on the show, be sure to keep sending us questions! Continue reading

Posted in CASH VALUE INSURANCE, LIFE INSURANCE ADVICE, Podcast, WHOLE LIFE INSURANCE | Leave a comment

5 Ways Your Business Can Benefit from Life Insurance (Part 2)

african american construction manager in office

In part one of “5 Ways Your Business Can Benefit from Life Insurance,” we named 3 Myths that business owners may have about life insurance. We also mentioned a study conducted by The Guardian Life Small Business Research Institute, which interviewed nearly 700 small business owners to determine their top ten business concerns.

As we summarized in part one, five of the top ten financial concerns can be impacted by life insurance solutions for business owners:

  1. Planning for the future
  2. Tax minimization
  3. Cash flow management
  4. Financing capital expenditures
  5. Providing employee benefits (which also helps with what these small business owners identified as their TOP challenge of finding the right employees).

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Posted in CASH VALUE INSURANCE, ENTREPRENEURSHIP, INSURANCE ADVICE, INSURANCE AS AN ASSET, WHOLE LIFE INSURANCE | Tagged , , , , , , , , , , | Leave a comment

Navigating Life Insurance Terminology

Does life insurance ever seem like a foreign language?

P4P028-NavigatingLifeInsuranceTerminologyP4P’s Kim Butler and No BS Money Guy Todd Strobel answer another listener-submitted question. Life insurance terminology and lingo is the topic of discussion. Kim and Todd travel the A to Z’s of life insurance with a few pit stops along the way.

Also, will this episode be the last for Todd’s favorite phrase, “super?” Find out on today’s episode of the Prosperity Podcast.

If you would like the opportunity for us to answer your question on the show, be sure to keep sending us questions! Continue reading

Posted in CASH VALUE INSURANCE, LIFE INSURANCE ADVICE, Podcast, WHOLE LIFE INSURANCE | Tagged , | Leave a comment