The Prosperity Blog

Income Maximization vs Cash Flow Maximization – Episode 376

Kim and Spencer talk about cash flow, salary, income, and much more. How can you increase your income? To find the answers, listen to this episode!

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies 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

Show Notes

  • Learning more about taxation – 2:08
  • Having an entrepreneurial mindset – 2:49
  • Wanting to create more cash flow – 4:39
  • Cash flow passive income type – 5:25
  • Talking about tax brackets – 8:07
  • Turning an asset into cash flow – 12:06
  • Time is the variable – 14:34
  • An aspect of time – 15:45
  • Being clear on the why – 16:36

Special Listener Gift

Kim Butler’s groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth… and what to do instead! 

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If you like what you hear please leave a review by clicking here

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Make Your Money Multitask!

Make Your Money Multitask!

One of our 7 Principles of Prosperity™ is MULTIPLY. Of course, we all want our money to multiply! But how—especially in such a volatile environment? The secret to multiplying your money is getting it to work harder… doing multiple jobs!

The truth is, we are trained to do the OPPOSITE with our money.

Certain dollars go in the retirement account bucket. Other dollars go in the 529 college education bucket. Emergency fund savings over here; life insurance over there. And don’t forget the long-term care bucket, the saving-for-a-down-payment bucket, and the vacation fund bucket!

While humans may be more productive doing only one task at a time, this is not true with money! Money works best when it can do multiple jobs.

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Understanding Paid Up Additions for 2020 – Episode 371

Kim discusses the paid up additions and contributions for 2020. Learn more about it in this special edition!

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies 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

Show Notes

  • What are paid up additions? – 2:06
  • Raising the death benefit? – 2:58
  • What limits are paid up additions? – 3:71
  • The seven paid tests – 4:22
  • The limits for 2020 – 5:35
  • Ask for your maximum paid up additions for the year – 6:55
  • Earning dividends – 9:14
  • What other thing do you have to ask your agent? – 11:26
  • Life insurance should become the norm for your family – 13:36
  • What would give you more paid up additions – 15:35

Special Listener Gift

Kim Butler’s groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth… and what to do instead! 

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.

Read More

What Does Capitalism Mean to You? – Episode 369

Kim and Spencer dive into the definition of capitalism: how it works, is created, and provides in today’s world, its future, and how we can embrace it.

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies 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

Show Notes

  • Kim’s definition of capitalism – 0:23
  • The movement of money – 1:44
  • Capitalism works, creates and provides – 2:16
  • Spencer’s definition of capitalism – 5:14
  • How to have conversations with people – 10:45
  • The tone of voice when you have a conversation – 11:35
  • Seeking to be understood – 15:44
  • The principle of control – 17:18
  • What capitalism is all about – 18:26

Special Listener Gift

Kim Butler’s groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth… and what to do instead! 

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.

Read More

Financial and Entrepreneur Reading List of Books – Episode 368

What’s a favorite book that you’ve read recently? Kim and Spencer dive into some financial and entrepreneur book lists that you can use!

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies 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.

Read More

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