Inflation - Episode 534
The Prosperity Podcast
Spencer and Kim delve deeply into the topic of inflation, reflecting on how it's affecting individual lives and businesses worldwide. The hosts share a story about a business owner in Argentina, a country currently going through significant monthly inflation. To protect his business, he uses US dollars due to their stability and he invests his profits back into his business to purchase supplies, expecting the inflation to worsen. This leads to discussion on how tangibles like food, water, supplies can help maintain or beat inflation. Prosperity Thinkers is proud to be an affiliate of the...
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How To Perceive Value - Episode 533
The Prosperity Podcast
Spencer and Kim discuss the concept of value and altering perspective on it. They use a personal anecdote to illustrate the idea, wherein his content creator son understands his work's value in a different way when his father becomes his 'employer'. This story is used to spark discussion on how people value their wealth and finances, and their aversion to taking action due to perceived risks. Kim suggests methods to think about value in personal terms - seeing the value in our future selves and tying decisions to emotions to facilitate desired behavior. Prosperity Thinkers is proud to be...
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Rising Cost of Insurance - Episode 532
The Prosperity Podcast
Spencer and Kim discuss the rising cost and decreasing availability of homeowners insurance, and how people can prepare for potential future issues. A recent incident where a tree limb fell and damaged a greenhouse on their property led them to talk about the potential costs and benefits of having homeowners insurance, especially when it comes to damage repair and tree removal. They also touched on the increase in homeowners insurance costs and difficulty in obtaining it in certain areas like California and Florida. The hosts also discuss how life insurance can be a place to build up cash...
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IUL vs Whole Life Insurance Comparison - Episode 531
The Prosperity Podcast
Spencer and Kim compared Indexed Universal Life (IUL) insurance and Whole Life insurance. They compare IUL to a mobile home due to its flexible and adjustable nature, which also means it carries more risk. Meanwhile, Whole Life insurance is compared to a brick and mortar home due to its stability and permanence. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance,...
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100% Death Tax? - Episode 530
The Prosperity Podcast
Spencer and Kim discuss a provocative concept called the 100% death tax, proposed by self-made millionaire Alex Hormozi. The idea suggests that if entrepreneurs knew their entire wealth would be seized upon their death, they would be more inclined to invest their wealth, experiment with new ideas, and constantly innovate. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of...
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Net Givers vs Net Takers: What Are You? - Episode 529
The Prosperity Podcast
This episode of the Prosperity Podcast discusses the mindset of givers and takers, particularly among millionaires and billionaires. Drawing insights from a study by Patrick Campbell, a man who has owned a data analytics company, the hosts note that Campbell's study shows that takers tend to seek 51% of value from their interactions and see relationships as a series of single moves. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources,...
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The Financial Services Industry Isn’t Serving YOU - Bonus Episode 528
The Prosperity Podcast
In this episode of the Prosperity Podcast, Jim Klauck interviews Kim Butler, who discusses her approach to assisting people in managing their finances and accumulating wealth. This involves simplifying savings, automating assets, and instilling faith in finances. Kim highlights the importance of establishing an emergency fund and opportunity fund to counter unexpected life events and investment opportunities, which also promotes peace of mind and overall health. She also emphasizes automating savings and using traditional assets like whole life policies to build wealth. Prosperity...
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Rich Men North Of Richmond with a Prosperity Perspective - Episode 528
The Prosperity Podcast
This episode of the Prosperity Podcast focuses on the surprising success story of Oliver Anthony, an Appalachian-based singer/songwriter. Oliver's unexpected hit song, "Rich Men North of Richmond," reflects the frustrations and hopes of blue-collar, hard working Americans. Hosts emphasize that the song, depicting struggles with poverty and feeling controlled by others, resonated deeply with audiences, thrusting the home-grown artist to the top of several music charts. The discussion then shifts to the attributes of their listeners, appreciating those who exhibit humility, long-term thinking,...
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Don't Outlive Your Money - Episode 527
The Prosperity Podcast
This episode focuses on two central topics - the concept of outliving one's money and the worth of one's money in the current economic climate. The common theme of the episode is challenging conventional notions of retirement and financial planning. Kim is highly critical of the societal construct of retirement, describing it as a "scam" and an inherently selfish way of living that often leaves retirees discontented and unproductive. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and...
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Fast-Track to Prosperity: The Financial Edge of Homeschooling Early On - Episode 526
The Prosperity Podcast
Kim and Spencer discuss the importance of educating children at home, guiding them towards finding something they enjoy, teaching them responsibility, and cultivating them into becoming responsible human beings. The hosts emphasize the vital role that homeschooling played in their children's positive development, citing their ability to guide them towards their interests and passions. Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources,...
info_outlineWhat do you do with an idea you recently thought about?
For today's bonus episode, Kim and her sister Tammi, start a series of podcasts based on three kids' books.
Kim and Tammi want to talk about these books through the lens of an entrepreneur. They believe that children's books contain principles directly applicable to running a business. As they discuss, they tackle the first of the three books written by Kobi Yamada, What Do You Do With an Idea.
Imagine how a 20-page book can contain a 200-page worth of business lessons. With its amazing pictures, kids can quickly grasp powerful messages with their young minds.
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 Thinkers thinking and strategies today!
Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.
Show Notes
- Books written by Kobi Yamada
- How kids books contain business-applicable principles
- What to do with an idea
- Why ideas seem to be fragile for us
- The idea has to have love with it
- Importance of commitment and time
Links and Resources from this Episode - For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
- Wealth Renegade Podcast
- What Do You Do With an Idea by Kobi Yamada
Special Listener Gift
Free eBook: Activating Your Prosperity Guide.
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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