What To Do When Rates Drop - Episode 589
The Prosperity Podcast
Tune in to the Prosperity Podcast as Kim offers her no-nonsense insights on current mortgage rates and refinancing. With a straightforward perspective, she shares the importance of locking in a fixed rate and compares it to life insurance’s long-term benefits. Get financial wisdom for today and future clarity! 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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Tiny Financial Changes for Huge Benefits - Episode 588
The Prosperity Podcast
In this episode of The Prosperity Podcast, learn how small financial tweaks can yield big long- term gains. Fresh from a top financial advisors’ event, Kim shares surprising money habits that can transform your financial future. It’s all about saving as a verb! 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...
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Creating Your Ceiling and Floor with Life Insurance - Episode 587
The Prosperity Podcast
On this episode of the Prosperity Podcast, special guest Teresa Sheridan, an expert from Prosperity Thinkers, breaks down the complexities of life insurance. With nearly 20 years in the field, Teresa shares a step-by-step guide, from policy inception to usage and renewals. If you’re confused about whole life insurance, this episode is a must-listen for clear insights and practical advice. Teresa’s expertise in designing policies tailored to individual needs will help you navigate insurance decisions with confidence. Tune in to understand the full spectrum of life insurance and plan...
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Wealth Management Lies - Episode 586
The Prosperity Podcast
In this episode of the Prosperity Podcast, hosts Kim and Spencer unpack the hidden costs of private wealth management and the impact of fees on your long-term financial health. Discover why traditional wealth managers may not be worth their fees and how opportunity costs can erode your wealth. Kim uses real-life scenarios to highlight the staggering effect these fees can have over a 30-year period. Essential listening for anyone looking to take control of their financial future! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals...
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Bubble Markets - Episode 585
The Prosperity Podcast
On this episode of the Prosperity Podcast, Kim unravels the mystery behind financial bubbles and dispels misconceptions fueled by the media. Learn vital strategies to manage cash flow and liquidity, and hear firsthand stories of those who thrived and those who ailed during past bubbles. Discover the power of a prosperous mindset and practical steps to ensure your financial resilience. A must-listen for anyone seeking financial stability and growth! 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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Where To Store Your Cash - Episode 584
The Prosperity Podcast
In this must-listen episode of the Prosperity Podcast, Kim Butler breaks down the critical question, “Where do you store your cash?” Drawing from 30+ years of financial expertise, Kim shares invaluable insights on the distinction between savings and investments, dismissing the common pitfall of chasing fleeting interest rates. Instead, she highlights the stability of whole life insurance from mutual companies as a superior cash storage solution. Tune in to grasp how you can secure your financial future with confidence and peace of mind. Prosperity Thinkers is proud to be an affiliate of...
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Why Our Advisor Emma Herman Canceled Her 401k - Episode 583
The Prosperity Podcast
In this engaging episode of the Prosperity Podcast, meet Emma Herman in her debut appearance. Dive into her unique journey from maxing out a 401k to leveraging whole life insurance for real estate investments. Gain valuable financial tips and discover what being a Prosperity Thinkers means to her. A must-listen for fresh perspectives on financial freedom! 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...
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Kim's Advice to Her 18 Year Old Self - Episode 582
The Prosperity Podcast
On this episode of the Prosperity Podcast, financial expert Kim Butler reflects on the advice she would give her 18-year-old self. From earning and saving money early on to understanding the value of hard work, Kim shares invaluable lessons. Spencer also chimes in with his experience, making it a discussion rich with practical insights. Whether you’ve been handed financial opportunities or have earned them through hard work, this episode emphasizes the importance of gratitude and leveraging your resources wisely. Tune in for an inspiring and actionable conversation! Prosperity Thinkers is...
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Inputs vs Outputs for Success - Episode 581
The Prosperity Podcast
Join Prosperity Thinkers for an enlightening discussion on the power of ordinary actions in achieving extraordinary results. Inspired by a tweet from a business influencer, Kim and Todd Langford share insights from their 30-year careers and emphasize the importance of consistent, “boring” inputs to succeed in personal finance and beyond. Discover practical steps to improve your financial health and relationship with money. A must-listen for anyone seeking long-term prosperity! Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals...
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Back to School Routines - Episode 580
The Prosperity Podcast
In this episode of the Prosperity Podcast, Kim and Spencer dive into back-to-school routines with practical tips for families. Learn about the three essential E’s: Expectations, Expenses, and Extra Pay, and how these can foster financial competency in kids. With Kim’s unique insights from being raised by teacher parents and her experiences as a community leader, this episode offers actionable advice to help young families navigate financial lessons at home. Perfect for parents looking to instill valuable life skills in their children! Prosperity Thinkers is proud to be an affiliate of the...
info_outlineIn this episode of the Prosperity Podcast, Kim dives into essential tax tips learned from a recent conference with renowned tax professional, Tom Wheelwright. Discover why labeling your education expenses correctly and securing 1099 income can optimize your finances. A must-listen for insightful tax strategies!
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 affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity.
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.
Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
- https://gravystack.com/prosperity
- https://prosperitythinkers.com/action/
- https://www.wealthability.com/
Show Notes
- Tax conference anecdote with Tom Wheelwright.
- Key tax tip: Seminars vs. continuing education.
- 1099 income benefits and importance.
- Home office deduction details.
- Real estate professional status benefits.
- Real estate activity requirements for deductions.
- Potential downsides of relying on real estate professional status.
- Todd’s insight on analyzing real estate deals.
- Prosperity mindset and tax strategies.
- Using 1099C to address unpaid debts.
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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