The Prosperity Podcast

Category: The Prosperity Podcast

Understanding the Different Types of Life Insurance Policies – Episode 380

In this episode, Kim and Spencer take a community question about the various permanent types of life insurance policies. Take notes and enjoy!

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’s the definition of permanent? – 0:43
  • Types of life insurance – 1:25
  • Permanent or non-permanent life insurance policies – 2:14
  • The biggest issue – 3:22
  • Guaranteed and permanent work together – 3:37
  • You can benefit from life insurance – 5:08
  • The idea of a permanent product – 6:29
  • Talking about universal life policies – 7:09
  • Premium isn’t guaranteed – 8:39
  • An introductory book for you and another one for a deeper dive about life insurance – 12:57

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

Subscribe on your favorite podcast player to get the latest episodes.

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Whole Life Paid Up Additions and Dividends – Episode 379

Kim and Spencer dive deeper into a listener’s question: “How do paid up additions affect dividends?” They give a great answer to this question, so be sure to stay tuned!

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

  • Sharing knowledge with you – 1:50
  • What do you think when you hear the word “premium” – 2:41
  • Premium builds cash value – 3:16
  • Understanding more about paid up additions – 4:23
  • A dividend non guaranteed to be paid – 5:17
  • What’s going on with dividends – 6:52
  • Making a real estate investment – 10:04
  • What will drastically benefit you long term – 11:17
  • You do not have to go to the bank and ask for a loan – 12:55

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

Guaranteed vs Non Guaranteed Cash Value Life Insurance – Episode 378

Kim and Spencer talk about what the difference is between guaranteed and non guaranteed cash value life insurance. You’ll learn how this affects you and your family’s finances.

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

  • How to understand this – 1:25
  • The future projection of payments of dividends – 2:10
  • Dividends are not guaranteed to be paid – 3:33
  • Using the Truth Concepts Software – 4:38
  • What happens when a dividend gets paid – 6:57
  • The whole idea of financial planning – 9:39
  • What requires life insurance – 10:22
  • Encourage people to move forward – 13:43
  • A guaranteed and non guaranteed rate – 14:43
  • What’s the guaranteed cash value? – 15:27
  • Kim talks about her book and why you should read it – 16:59

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

Human Life Value – Episode 377

In the life insurance world, there’s a phrase called “Human Life Value”. In this episode, Kim and Spencer explore this topic: how to understand it, and find out what number fits for you.

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

  • An internally used term – 0:35
  • Understanding Human Life Value – 1:06
  • Human Life Value calculation – 2:44
  • What happens when we have other investments – 5:55
  • Figure out what you need – 7:06
  • Death is a guaranteed event – 8:28
  • Whole life insurance and term insurance – 12:02
  • Guidance that will help – 12:44
  • Insurance the older generations first – 14:38

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

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! 

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

Has Adulting Changed With Newer Generations? – Episode 375

Are you familiar with the term “adulting”? Kim and Spencer talk about what it is, and how prosperity got over adulting.

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

  • The generation that is coming up now – 1:00
  • Getting clear about this word – 1:22
  • Adulting could be around finances – 1:59
  • The top twenty signs of being an adult – 3:01
  • Understanding and monitoring your credit score – 5:07
  • Build your opportunity fund first – 6:39
  • Watching the news – 8:20
  • Starting the morning with coffee – 11:08

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

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