When You Have Wealth, You Have To Stop These Things - Episode 518
Release Date: 06/06/2023
Christmas episode - Episode 651
The Prosperity Podcast
Summary Tune into the "Prosperity Podcast" for its annual holiday episode celebrating gratitude with thought leader Kim Butler. Explore personal stories of finding peace, embracing small joyful moments, and discovering the power of intentionality. Perfect for anyone seeking inspiration and calm amidst the holiday rush. 🎄💡. Episode Highlights 00:00:12 - Special annual Christmas episode. 00:01:08 - Purposeful choices impacting daily life. 00:02:02 - Little tips for practicing gratitude. 00:05:40 - Computer frustration turned opportunity for gratitude. 00:06:58 - Teaching box...
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The Science Side of Prosperity with David Osmond - Episode 650
The Prosperity Podcast
Join Spencer and guest David Osmond on The Prosperity Podcast! Discover David’s shift from academia to financial strategy, inspired by the power of freedom and choice. Learn how David’s unique science and physics background offers a fresh perspective on financial success! 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, possibility, and growth. Please note, that...
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Break Free from Playing Safe - Episode 649
The Prosperity Podcast
In this episode of the Prosperity Podcast, explore the risks of “playing it safe” in finance, health, and personal growth. Embrace challenges to spur growth! Discover the power of accountability with special insights into managing your cash flow effectively. Don’t miss actionable tips on taking risks and the hidden costs of hesitation. 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...
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The Real ROI of Education: Teaching Kids Wealth Literacy - Episode 648
The Prosperity Podcast
Unlock the true ROI of education with financial expert Kim as she explores wealth literacy for kids on the Prosperity Podcast. Discover how to blend soft and hard skills to empower the next generation with financial competency. A must-listen for parents dedicated to raising prosperous, well-rounded children. 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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Debt vs. Leverage - Episode 647
The Prosperity Podcast
Dive into the Prosperity Podcast as Kim and Todd Langford dissect the vital difference between debt and leverage, offering practical insights for today’s unpredictable financial landscape. Learn how to leverage your unique strengths for financial success, featuring engaging real-life examples. A must-listen for anyone navigating the complex world of personal finance! 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...
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Why Cash Is Not Always King - Episode 646
The Prosperity Podcast
Explore why the “myth of safety” makes you question if cash is truly king in this eye-opening episode of Prosperity Thinkers. Kim D.H. Butler unpacks cash flow’s real power compared to cash, revealing how value creation drives financial confidence. Tune in to rethink wealth! 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, possibility, and growth. Please note,...
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What Families Can Learn from the Government Shutdown - Episode 645
The Prosperity Podcast
In this episode of the Prosperity Podcast, Kim and Spencer explore key financial lessons families can learn from the government shutdown, minus the politics. Discover insights on dependency, liquidity, self-reliance, and creating your personal family economy. It’s rich with practical advice and an eye-opening perspective on financial independence that’s crucial for everyone aiming to secure their future. Tune in to learn how to build resilience and make prosperity a family mantra! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping...
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Prosperity Wisdom - Episode 644
The Prosperity Podcast
In this special Prosperity Podcast episode, host Kim shares her wisdom on redefining prosperity beyond money—embracing a holistic approach that includes spiritual and practical aspects. Learn how to see life through a “prosperity lens,” simplify savings, and build confidence in financial decisions. Discover why shifting your mindset can unlock opportunities and fuel personal growth. A must-listen for those wanting to empower their prosperity journey! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock...
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Financial Education and Competency - Episode 643
The Prosperity Podcast
Tune in to today’s episode of the Prosperity Podcast, where we explore the vital distinction between financial literacy and financial competency. Discover why understanding the true cost behind 0% car financings, and grasping the principles of other people’s money can make or break your financial future. Essential for listeners of all ages, this episode is a masterclass in making informed decisions and ensuring long-term prosperity. Perfect for anyone eager to enhance their financial savvy! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping...
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All About Life Insurance - Episode 642
The Prosperity Podcast
Join Kim, a seasoned life insurance expert, as she breaks down the essentials of whole and term life insurance. Discover why it’s not just about insurance, but a powerful strategy for emergencies and opportunities. Perfect for anyone wanting financial peace of mind! 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, possibility, and growth. Please note, that as an...
info_outlineIn this episode of the Prosperity Podcast, Spencer Shaw and Kim Butler discuss the things people should stop doing once they have accumulated wealth. They highlight the importance of transitioning focus from cash value to the death benefit in their whole life insurance policies, and also to stop being overly focused on tax deductions. Instead, it's recommended to build wealth with after-tax dollars that will be held as after-tax for the rest of their lives. The hosts also emphasize the need to stop doing small transactions and delegate tasks with a humble approach to others who may have unique abilities in those areas.
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 hello@prosperitythinkers.com and we may answer it in an upcoming episode.
Links and Resources from this Episode
For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
Show Notes
- The importance of shifting focus from the cash value of whole life insurance to its death benefit and how to utilize it to impact other assets during your life
- Once a person reaches a net worth of $1 million or above, it's crucial to stop the overt focus on tax deductions, and instead, build wealth with after-tax dollars
- After your wealth accumulates, small transactions and low-value tasks should be stopped, and time should be spent more strategically on higher-value activities and unique abilities
- Why should you stop making decisions based on fear and scarcity and focus on protecting their mental space by seeking learning and opportunities from sources that align with their current financial standing
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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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