The Prosperity Blog

10 Gifts for More Wealth, Less Worry!

Giving: a Partners for Prosperity Tradition

Every June 27, we celebrate our fearless leader, Kim Butler‘s birthday — with gifts for YOU!

This year, we start the giveaway with a complimentary copy of Kim’s first book, Live Your Life Insurance. In some ways, it creates the foundation of all of the other books that have come after, because it tells you how to build your financial foundation.

live your life insurance coverIf you’ve ever wondered

  • the real costs and benefits of using whole life insurance cash value
  • how a death benefit can actually help YOU–not just your beneficiaries
  • how you can use the tax advantages of life insurance
  • how much to purchase (and why a “needs analysis” falls short)
  • and how to use your policy for INVESTING and other opportunities at different stages of life

— this is for you!

And if you think of life insurance as just “death insurance,” this is definitely for you!

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Influence: What It Is and How to Have More

By Lou Pineda, Partners for Prosperity Advisor

“The key to successful leadership today is influence, not authority.”
—Ken Blanchard

Here at Partners for Prosperity, we are celebrating the 2018 Investopedia Awards, which recognizes the 100 most influential advisors in the United States. Our founder and fearless leader, Kim D. H. Butler, has once again been honored with the award! As Kim’s colleague, it’s my privilege to highlight the accomplishment of a wonderful individual who has influenced me greatly, along with seven principles that can help you expand your own influence.

According to Investopedia, traditional metrics such as “assets under management” (AUM) is not the best measurement of today’s advisors. Rather, the Investopedia 100 “seeks to measure influence… to quantify the impact that our advisors have on their clients and the broader financial community.”

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7 Strategies for More Income in Retirement

“Old age is always fifteen years older than I am.”
—Bernard Baruch, American financier, investor, statesman and philanthropist

Running out of money in retirement is one of the biggest fears people have. Unfortunately, for many Americans, it is a real risk, not an irrational phobia. If you retire at age 65 as a reasonably healthy non-smoker, actuarial tables estimate you’re likely to live to age 86, as a man, and 89, as a woman. And the longer you live, the longer you can expect to live. A 90-year old non-smoker has a good chance of living to age 95, as a man, and a 97, as a woman.

However, there’s no need to scrimp, save and worry your way through retirement with “extreme couponing” (yes, that’s a thing). Follow these seven strategies to live long and prosper, have more spendable income in retirement, and never run out of money!

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A Home Buyer’s Guide for Wealth Builders

“Don’t wait to buy real estate; buy real estate and wait.”
—Will Rogers

A home is the biggest purchase most Americans will ever make. A house blurs the line between “asset” and “liability,” as it is usually both. And of course, a house is more than an investment—it is “home sweet home.”

It is also a key to building wealth. Done wisely, purchasing a home can make a seven-figure difference to your future bottom line. Let’s look at the why’s—and how’s—of buying a home.

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Is Oil and Gas Still a Good Investment?

“Formula for success: rise early, work hard, strike oil.”
—J. Paul Getty

To encourage the US’s continued progress towards energy independence, investments in energy receive significant tax incentives. In the oil and gas industry, this means that drilling costs—from equipment to labor—are up to 100% tax deductible. This benefit makes oil and gas investments an excellent write-off against income or gains in other areas.

Yet if you read the headlines in most newspapers, you might think that oil production and demand peaked a long time ago, especially with the rise in solar, wind, biodiesel and other green alternatives. To understand the truth about oil and gas investments, let’s start with a little trip down memory lane, proceeding to some recent headlines you may have missed. Then we’ll look at some specific options for benefiting from the oil and gas industry.

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5 Day Weekend: A Road Map to Freedom

 “I own my life. I set the terms. I take responsibility for my results.”
—Nik Halik and Garrett Gunderson, 5 Day Weekend

How to Finance the Life You Dream About

What would it be like to free yourself from the work grind AND have the money to do anything you want with your time?

Meet Nik Halik: a self-made multi-millionaire, wealth strategist, angel investor with businesses all over the world, and “adventure entrepreneur” who lives a lifestyle few can even imagine.

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12 Ways to Fund a Business—and 4 “Rules” to Remember

Joe Ruvacalba, a plumber-turned-entrepreneur from Rancho Cucamonga, California, started his own plumbing company with just $10,000, but soon encountered cash flow problems.

“Your first client check might not arrive for 30 to 60 days. But you still have to pay for labor and material and everything else,” Ruvacalba told a reporter in an article weighing the costs of cash advances.

Banks wouldn’t lend to Ruvacalba, so he resorted to a merchant cash advance. The first was for $50,000, and included another $20,000 in fees and other charges. It was paid back within seven months, but Ruvacalba’s challenges weren’t done. He saw the only way to grow his business, keep on top of his payroll expenses and pay back his previous cash advance was by securing more merchant cash advances.

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