The Prosperity Podcast

Category: The Prosperity Podcast

Self-Directed IRAs: The Lesser Known IRA (Episode 034)

“Rolling” Control Into Your Pocket With Self-Directed IRAs

P4P034-TheLesserKnownIRAOn today’s episode of the Prosperity Podcast, best-selling financial author Kim Butler and No BS Money Guy Todd Strobel uncover the reasons you should know about self-directed IRAs. They discuss their benefits and disadvantages.

Kim explains the term “roll” as it relates to finances. Todd compares self-directed IRAs against a 401(k). Finally, they breakdown the different payoffs that are associated with your self-directed IRA.

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!

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Talking With Your Kids About Money

Teaching Children to Become Prosperous Adults

P4P033-TalkingWithYourKidsAboutMoneyKim Butler and Todd Strobel respond to a user question about when to talk about money with your children. Kim explains the benefits of starting early and brings up, The Opposite of Spoiled, by Ron Lieber in discussing allowances. Then, Todd breaks down a trend in millennial student debt and they look into alternative solutions to that debt. We all know money talks, but do we know how to talk about money? 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 or to be a guest on our show, be sure to keep sending us questions and reach out to us!

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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!

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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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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!

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