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What to Do With an Idea - Bonus Episode

The Prosperity Podcast

Release Date: 04/07/2022

Why 40% of People May Never Buy a Home - Episode 568 show art Why 40% of People May Never Buy a Home - Episode 568

The Prosperity Podcast

In this Prosperity Podcast episode, discover how renters can navigate financial hurdles and strive for homeownership amidst economic challenges. Unusual Whales’ research dives into politicians' investment patterns as a path to savvy wealth building. Kim Butler's expertise shines through as she unpacks emotional and financial intelligence needed for home buying—and offers effective savings strategies to turn home ownership dreams into reality. Tune in for actionable insights!  Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping...

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Unlocking Opportunities for Accredited Investors - Episode 567 show art Unlocking Opportunities for Accredited Investors - Episode 567

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Unlock the secrets to becoming an accredited investor with our latest Prosperity Podcast episode! Expert Kim shares actionable steps and knowledge on achieving this financial milestone—no products, just pure insight. Learn key definitions, why liquidity matters, and strategies for smart saving. Tune in to level up your investing game! 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...

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Living Boldly Beyond Atomic Fears - Episode 566 show art Living Boldly Beyond Atomic Fears - Episode 566

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Dive into resilience with Kim on the Prosperity Podcast! Amidst global uncertainties, we discuss CS Lewis' wisdom on thriving—not just surviving—in challenging times. From mindset shifts to practical financial safety nets, this episode is packed with strategies for a calm, proactive approach to life's chaos. Tune in for a life-affirming session! 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...

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Busting Money Myths and Bridging the Gap with “Measure-Back” Savings Behavior - Bonus Episode 565 show art Busting Money Myths and Bridging the Gap with “Measure-Back” Savings Behavior - Bonus Episode 565

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Embrace financial wisdom with Kim Butler, a Robert Kiyosaki-recommended guru! With a passion for truth in finance, Kim busts budgeting myths in her new book, "Busting the Budgeting Lies." Discover how to align money with life, not math, and transform your cash flow confidence. Tune in to stop the guilt treadmill and start saving smarter. 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...

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Wealth Tips: Making Kids Rich - Episode 565 show art Wealth Tips: Making Kids Rich - Episode 565

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Unveil the millionaires' playbook! In this episode of the Prosperity Podcast, expert Kim delves into 9+ strategies on how wealthy families build and shield their wealth—and their kids' future. From tax-savvy trusts to the controversial 529 plans, discover actionable methods to enhance financial literacy and capability in your household. Bonus: Kim reveals a "silver bullet" often missed by many! Perfect for parents & future planners. Tune in now! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their...

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What Is Your Financial Foundation? - Episode 564 show art What Is Your Financial Foundation? - Episode 564

The Prosperity Podcast

This episode focuses on the concept of carefully investing in one's financial foundation by creating an emergency and opportunity fund, ideally stored in the life insurance industry for life-long accessibility. This fund should be liquid, tax-free, earning a competitive rate, and able to fund any opportunities that come one's choices, and its size should vary based on the kind of deals one seeks. It ensures one doesn't run into financial difficulties like the person mentioned who had sold a business and then invested unfittingly. The hosts, Spencer Shaw and Kim Butler, discuss the importance...

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Are You Constantly Learning? - Episode 563 show art Are You Constantly Learning? - Episode 563

The Prosperity Podcast

Kim and Spencer discuss drawing on experts' knowledge instead of trying to become an expert in all areas. They highlight the importance of self-guided learning and financial education, and the current trends in both. The hosts mention the 'who, not how’ philosophy that involves leaning on expert advice rather than trying to become an expert in all areas.  Kim shares her experience with financial education, emphasizing the need to simplify complex financial topics for consumers. They discuss the societal obsession with retirement at age 65, which they view as harmful.  Prosperity...

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Family Bank vs Family Banking - Episode 562 show art Family Bank vs Family Banking - Episode 562

The Prosperity Podcast

Kim and Spencer discuss the important difference between 'Family Bank' and 'Family Banking.' The hosts emphasize that understanding the distinction between these two concepts is crucial to managing personal and familial finances effectively. While Family Bank remains a widely misunderstood and elusive concept due to certain legal and ownership restrictions, Family Banking refers to the strategic process of managing monetary inflow and outflow, which every family can do. Essentially, Family Banking is about understanding the principles of prosperity and the philosophy of cash flow, as well as...

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When To Use A Charitable Remainder Trust - Episode 561 show art When To Use A Charitable Remainder Trust - Episode 561

The Prosperity Podcast

Kim and Spencer discuss the concept of Charitable Remainder Trusts, an estate and wealth planning tool that not many people are familiar with. The hosts explain that these trusts allow individuals to donate assets, particularly highly appreciated ones, to a charity while avoiding substantial capital gains taxes that would be incurred as a result of selling these assets. The individual also receives a consistent income stream from the donated asset throughout their lifetime. Notably, these trusts are particularly beneficial to older individuals. One commonly overlooked step in the process,...

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Becoming Your Own Bank Prosperity Thinkers Version - Episode 560 show art Becoming Your Own Bank Prosperity Thinkers Version - Episode 560

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Kim and Spencer, in this The Prosperity Podcast episode, featured a discussion about whole life insurance as a financial asset and tool for emergencies and opportunities. It started with a historical look at the inception of whole life insurance by "bands of brothers" and church brethren centuries ago, aiming to address the financial losses of term insurance. As opposed to term insurance, whole life insurance was created to build an asset called cash value, which policyholders could borrow against. This role of life insurance in financial planning has expanded over time, with books like Nelson...

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More Episodes

What 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


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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