“Education costs money, but then so does ignorance.”
– Sir Claus Moser
A high school senior, Delilah Moore, was accepted to her dream school, Oberlin College. And after days of soul-searching, number crunching, and seeking advice on Reddit, she turned down her #1 pick. The reason? According to the April 28 Yahoo! Finance article, “I Decided Not to Go to My Pricey Dream School and I’m So Happy About It,” the decision “came down to the money.” This is financial planning for college students at its best.
“Be the change that you wish to see in the world.” – Mahatma Gandhi
We just returned from the third Summit for Prosperity Economics Advisors, an event that my husband Todd and I host each year for professionals in our industry. We spent three-and-a-half days in beautiful Park City, Utah learning and sharing together with wonderful speakers, food, friends, weather, and more!
It takes a lot of time and effort to put on an event like this, but the energy and gratitude we get back makes it so worthwhile. Our theme this year was “Be a part of something bigger.” And indeed, something bigger than any of us is arising in The Prosperity Economics Movement. The movement is gaining momentum, and we are so proud to be a part of it.
“There are two predominant mindsets in the world competing for your attention: scarcity and abundance.
…Entrepreneurs use ingenuity to increase opportunities and create new solutions.” – Dan Sullivan, Strategic Coach
This week’s post is a reprint of an email from Peter Diamandis. This same topic is covered in greater detail in his book, Abundance: The Future is Better Than You Think. I am grateful to count Peter as a mentor and to be able to share Peter’s wisdom on the possibilities for an abundant world.
“I am proud to be paying taxes in the United States. The only thing is, I could be just as proud for half of the money.” –Arthur Godfrey
Take the Sting out of Taxes with An Innovative Roth Conversion
Last week in “Escaping the Tax Deferral Trap, Part 1,” we busted the myth that tax-deferred retirement plans save money in the long run. (Not unless taxes go down and/or you earn less in retirement.) We looked at the truth about traditional 401(k)s and IRAs and explored some of the ways you can free your money from a tax-deferred account.
However, there are many situations where it pays to KEEP your dollars in a tax-deferred account, such as:
“A decision is a choice associated with an action.” – Chris Spetzler, DecisionEducation.org
Today’s blog post is a guest post from Dr. George Huang of Freedompreneur.com. Once a surgeon, Dr. Huang now works with business owners and thought leaders to help them raise their revenue while expanding their influence. Over the years, he has been a client of Partners for Prosperity and has been directly involved with our business development. We are grateful to include his wisdom on our blog.
The stories we tell about ourselves and others shape and define our experience of life. The choices and decisions we make, as well as the outcomes of those choices and decisions, create the canvas of those stories we tell.
Most of us strive to make good decisions in our personal and professional lives. Clearly, some decisions are more important than others. Some decisions are life-changing, such as deciding who to marry and where to go college. Some decisions are significant, such as what investments to make and which house to buy. Other decisions are spontaneous, ranging from casual (what color shirt should I wear today?) to potentially life-altering (should I drive to work when the roads are icy?)
This website is provided for informational purposes only. The information contained herein should not be construed as the provision of personalized investment advice. Information contained herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security or investment. Investing involves the risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results and may have been impacted by events and economic conditions that will not prevail in the future.
Yes, send my FREE Prosperity Accelerator Pack including:
Financial Planning Has Failed Ebook
Kim Butler’s 7 Principles of Prosperity™️ Audio, Video, and Summary