“No B.S. Money Guy” Todd Strobel and best-selling financial author Kim D.H. Butler sit down to talk bridge loans for the non-accredited investor. On today’s episode, Todd and Kim explain the difference between being an accredited and non-accredited investor. Kim defines bridge loans and what makes investors eligible for them. Finally, Todd discusses why education on financial matters sits above all else. If you would like the opportunity for us to answer your question on the show or to be a gues...
Sep 29, 2015•14 min•Ep. 49
Todd Strobel and Kim D.H. Butler look at important questions to ask on this episode of the Prosperity Podcast. The question of comparison is analyzed by Todd and Kim. Kim breaks down finances into three simple areas. Todd explains what your money should be doing. Finally, Kim describes alternative investing solutions to non-accredited investors. 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 reac...
Sep 24, 2015•20 min•Ep. 48
Today, on the Prosperity Podcast, Todd Strobel and Kim D.H. Butler discuss peer-to-peer lending. In this episode, Kim speaks to the several advantages of P2P lending, for both investor and borrower. Todd lays out a few statistics regarding P2P lending and how these numbers compare to other ways of investing. Finally, they explain the potential dangers of P2P and how to utilize it in your portfolio. If you would like the opportunity for us to answer your question on the show or to be a guest on o...
Sep 22, 2015•19 min•Ep. 47
To pay, or not to pay, that is the question on today’s episode of the Prosperity Podcast. Todd Strobel and Kim D.H. Butler respond to a client question about how to approach and handle money in a pre-tax account against when it’s in a post-tax account. Kim and Todd explain the issues that arise with the 401(k) and IRA realms. They offer alternatives to handle IRA money, as well as, options outside of traditional thinking, which include bridge loans, life settlements, and life insurance. If you w...
Sep 17, 2015•20 min•Ep. 46
Todd Strobel and Kim D.H. Butler take a look at the U.S. Bureau of Labor Statistics report on how the average American spends their money. Todd goes over the demographics and how it reflects the “average” American. Kim explains what each category means and what the numbers are indicative of. Finally, they look over the most troubling numbers of all regarding Americans life insurance and pension expenditures. What do the spending trends reveal? Do you know how your spending stacks up? Find out on...
Sep 15, 2015•19 min•Ep. 45
Todd Strobel and best-selling financial author Kim D.H. Butler look at the recent downturn and volatility in the stock market. Kim explains that risk does not have to equal reward. They offer alternative investment options away from the market. Todd questions the thrill of gambling. Finally, they discuss leaving the wild ride and share information to contact our Prosperity Economic Advisors. If breaking even is your goal, do you know the opportunities you’ve already missed? Find out how to get O...
Sep 10, 2015•16 min•Ep. 44
Today, on the Prosperity Podcast, Kim D.H. Butler and Todd Strobel explain what occurs when whole life insurance policyholders miss one or more premium payments. They discuss the flexibility built into whole life insurance policies, and what many policyholders forget – that if they have an interruption in income, their policy may be able to HELP them pay essential bills! Kim breaks down the order to use your money when you’re able to make payments again: base premiums, repaying the policy loan, ...
Sep 08, 2015•14 min•Ep. 43
Todd Strobel and Kim D.H. Butler explore what people do when they can’t (or don’t want to) make their life insurance premium payments. On today’s episode, Kim dives into the possibility of selling your policy to investors of life settlements vs. just cancelling your policy and taking the cash value. Kim discusses the benefits and potential drawbacks of selling a policy, and who might be able to sell a policy. Todd chimes in with the type of policyholder that may have the most to gain from sellin...
Sep 03, 2015•20 min•Ep. 42
Tim Wright, of ASR Alternative Investments , joins Todd Strobel on the Prosperity Podcast. They discuss what alternative investments are and their benefits. Tim explains the type of client that would gain the most from life settlements and why they’re similar to owning real estate. Finally, the look at the type of returns to expect within a growing market. Can you make your money more prosperable and less of a gamble outside the stock market? Find out on today’s episode. If you would like the op...
Sep 01, 2015•21 min•Ep. 41
“No B.S.” Money Guy Todd Strobel and best-selling author Kim D.H. Butler look at what it takes to become a Prosperity Economics Advisor. Todd explores what an advisor does on a day-to-day level. Kim breaks down the steps in becoming an advisor. Finally, they explain the type of person best suited for prosperity economic advising. Have you got what it takes? Find out on today’s episode of the Prosperity Podcast. (By the way, Kim took the “long route” to being a Prosperity Economics Advisor, getti...
Aug 27, 2015•16 min•Ep. 40
Kim Butler and Todd Strobel respond to a user-question about annuities, analyzing annuities to see what they can and can’t do for you. Kim and Todd take a hypothetical annuity through the gamut of our Prosperity Principles. Kim defines the different types of annuities. Todd uses the Prosperity Principles against annuities. Finally, Kim and Todd explain where the apprehension towards annuities comes from and look at what to do with an annuity you already possess. Do you know how to apply the Prin...
Aug 25, 2015•28 min•Ep. 39
Kim Butler and Todd Strobel dive into financial strategies to best utilize your assets by actually spending down your taxable assets first, and relying on non-taxable assets later in life. Kim explains three strategies and their upsides. Todd focuses on the benefit of life insurance to maximize the strategies effectiveness. Finally, they discuss resources available through Partners 4 Prosperity that explores these strategies further. Is your financial strategy allowing you to have your cake and ...
Aug 20, 2015•22 min•Ep. 38
Kim Butler and Todd Strobel dive into an old article of Kim’s entitled, “7 Phases of Financial Success.” Whether you started saving in your 20’s or whether you’re just starting in your 50’s or 60’s, you can adapt these phases for you. Kim explains each phase of life and it’s accompanying financial goals. Todd breaks down effective ways to reach those goals. Finally, the importance of life insurance (and later converting it to whole life insurance) is analyzed as the backbone of your financial su...
Aug 18, 2015•31 min•Ep. 37
Kim Butler and Todd Strobel respond to a user-question about why the American society refers to investing with the stock market. Kim discusses ways around the market and the multiple outlets outside of the stock market. Todd explains the importance of educating yourself on all the ways in which your money can be invested. Finally, life settlements from life insurance are analyzed. Where else can you invest? Find out about investing away from the stock market on today’s episode of the Prosperity ...
Aug 13, 2015•21 min•Ep. 36
Kim Butler and Todd Strobel dig into the theory that banks are the safest place to save money. Kim explains how life insurance provides better dividends than banks and details what banks ought to be used for. Todd talks about government interventions and how life insurance affects college aid. Finally, Kim and Todd look into the resources available that we provide to broaden your knowledge about life insurance. Have you ever wondered why movies never show a life insurance agency being held up? F...
Aug 11, 2015•19 min•Ep. 35
On 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 t...
Aug 06, 2015•18 min•Ep. 34
Kim 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 fo...
Aug 04, 2015•19 min•Ep. 33
Kim 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...
Jul 30, 2015•35 min•Ep. 32
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 Prosperity Thinkers 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 ...
Jul 28, 2015•25 min•Ep. 31
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 y...
Jul 23, 2015•25 min•Ep. 30
Kim 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 ! Show Notes: [0:00] Prologue [0:19] Intro [1:01] What’s Up at Partners 4 Prosperity? [2:49] Ass...
Jul 21, 2015•21 min•Ep. 29
P4P’s Kim Butler and No BS Money Guy Todd Strobel answer another listener-submitted question. Life insurance terminology and lingo is the topic of discussion. Kim and Todd travel the A to Z’s of life insurance with a few pit stops along the way. Also, will this episode be the last for Todd’s favorite phrase, “super?” 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 ! Show Note...
Jul 16, 2015•32 min•Ep. 28
Kim Butler and Todd Strobel stay after class to finish their test. Questions about Financial Literacy are asked, answered, and discussed as Kim and Todd go through the last half of a financial literacy test. This section of the test features segments about saving and investing. Also, the final part of our test asks a few questions about taxes and the role of government over your money. Sit down and take out a No. 2 pencil for today’s episode of the Prosperity Podcast! If you haven’t already, get...
Jul 14, 2015•26 min•Ep. 27
How financially literate are students? Kim Butler and Todd Strobel head back to high school to take a test. Questions about Financial Literacy are asked, answered, and discussed, as well as why a few of the questions themselves might be misleading! This financial literacy test features a segment about investing, financial responsibility and insurance, as well as a segment on credit cards and debt. There will be no talking during the test on today’s episode of the Prosperity Podcast. If you haven...
Jul 09, 2015•21 min•Ep. 26
How should investors respond to the 401(k) on the decline? Is the stock market poised for another correction? Today’s episode presents the argument for self-directed IRAs and non-correlated investments. Kim Butler and Todd Strobel explain the ripple effect that Baby Boomers have had on 401(k). They explain how this will impact the market and why it may be a good thing, in the long run. They also discuss alternative ways to invest, particularly non-correlated asset classes and investments that do...
Jul 07, 2015•16 min•Ep. 25
Kim Butler and Todd Strobel breakdown college and why the costs keep rising. They analyze higher education based on the Prosperity Principles and also from looking at the numbers. They take into account both the parent’s and the student’s prosperity as factors. Are there alternatives to handling the cost of education? Yes, and we discuss why a 529 plan is NOT what we recommend. Finally, we answer the age old question of, “What are they teaching kids these days?” in today’s episode of the Prosper...
Jul 02, 2015•20 min•Ep. 24
Kim Butler and Todd Strobel discuss the importance of having meaningful conversations. They discuss the importance of keeping partners involved, informed, and prepared in case of an untimely crises or other changes. The Big D’s such as Death, Divorce, Debt, and Documents stage on today’s episode of the Prosperity Podcast. How can you prepare for the unexpected? Find out on today’s show! Show Notes: [0:00] Prologue [0:19] Intro [1:15] How to Prepare for Crises – Communication is KEY! [4:13] Put i...
Jun 30, 2015•18 min•Ep. 23
Kim Butler and Todd Strobel continue their discussion on mortgages. They show how debt and mortgages are intertwined and how it’s not a bad thing. Reverse mortgages are also discussed and can be recommended to a specific audience. Yet Kim proposes a specific solution. The Prosperity Principles are on full display in today’s episode of the Prosperity Podcast. Show Notes: [0:00] Prologue [0:19] Intro [1:07] “HAVING” Debt vs. Being “IN” Debt [3:12] Debt, Peace of Mind, and the Unique Role that Mort...
Jun 25, 2015•18 min•Ep. 22
Kim Butler and Todd Strobel set their sights on mortgages in this episode, analyzing different strategies by using the Prosperity Principles to uncover the best options. They discuss down payments, compare 15 vs 30 year mortgages, and tackle other questions to consider when getting a mortgage, with some surprising answers! How big should your down payment be? Is a 15 or 30 year mortgage more efficient in the long run? What is the value of your cash down payment, or your cash flow? And is there v...
Jun 24, 2015•19 min•Ep. 21
Daring to be “politically incorrect,” Kim Butler and Todd Strobel attempt to break down the stigmas between economics and politics. Obamacare and the language of economics are discussed, along with the challenge of having honest and open conversations about economics. Is there any room for political correctness in economics? How are Todd’s economic discussions affecting his dating life? Find out in today’s episode of the Prosperity Podcast! [0:00] Prologue [0:19] Intro [1:40] Consequential Discu...
Jun 11, 2015•17 min•Ep. 20
