Summary: What is the difference between typical finance and traditional finance? Join Kim Butler and Todd Strobel on this episode of The Prosperity Podcast to find out. Learn about how the stock market, and the risk involved in stock market investments, has changed over time and how that affects the most stable retirement and savings strategies today. Also, learn about the how different financial strategies are like either farming or hunting - either long term or short term - and either risk sat...
Feb 23, 2016•18 min•Ep. 81
Summary: Welcome to the 80th episode of the Prosperity podcast! Join bestselling author Kim Butler and no bs money guy Todd Strobel today as they discuss the millennial mindset and it’s implications for our future. Are millennials really ruining the future, or is there room to hope? How should their preferences influence our investment decisions today? And maybe most importantly, what is valuable about their mentality? If you would like the opportunity for us to answer your question on the show ...
Feb 18, 2016•14 min•Ep. 80
Summary: What type of mindset do you have? On this episode of the Prosperity Podcast, join Kim Butler and Todd Strobel as they talk about the important difference between a growth mindset and a fixed mindset. Find out how a growth mindset can help you make more money and become more prosperous, while a fixed mindset will cause you to plateau. For more information on fixed and growth mindsets, check out our favorite new book by Carol Dweck, Mindset: The New Psychology of Success. If you have any ...
Feb 16, 2016•16 min•Ep. 79
Summary: What’s the difference between good and bad debt? When do you want to prepay a loan? Should your investment strategy be the same for an investment property and a property you live at (your home)? What is a good interest rate? When should you take out loans? Let best-selling author Kim Butler and co-host Todd Strobel walk you through the answers to these questions and more on this episode of the Prosperity Podcast. If you have any questions or comments, please reach out to us! We’ll be ha...
Feb 11, 2016•15 min•Ep. 78
Summary: Join us on the seventy-seventh episode of the prosperity podcast as best selling author Kim Butler and co-host Todd Strobel investigate fifteen year versus thirty year mortgages. Conventional wisdom seems to be based off of bank’s best interest and marketing tactics, so the Prosperity Podcast breaks down the best ways to analyze different mortgages so that you can make the financial decision that’s right for you. For more information on different types of mortgages, take a look at Kim B...
Feb 09, 2016•17 min•Ep. 77
Summary: Join Kim Butler and Todd Strobel today as they discuss negative interest rates. Learn about what they are, what their purpose is, and how that should affect your investment strategy. Also find out whether, ultimately, negative interest rate are a positive or negative thing for our economic well being. Always, don’t hesitate to reach out to us at welcome@partners4prosperity.com , with any and all of your questions, comments, and concerns. We’d love to hear from you! Show notes: 00:00 Int...
Feb 04, 2016•17 min•Ep. 76
Summary: Welcome to the seventy-fifth episode of the prosperity podcast! Join our host Todd Strobel and bestselling author Kim Butler as they discuss the important difference between faux prosperity and real prosperity. Learn why annuities and universal life are more accurately labeled as faux prosperity products and how to become more aware of financial products that don’t deliver on their promise. And of course, don’t hesitate to reach out to us at welcome@partners4prosperity.com , with all yo...
Jan 26, 2016•14 min•Ep. 75
Summary: The worst day to invest your money is tomorrow! This episode of the prosperity podcast centers around the importance of educating ourselves and investing our money today, and not tomorrow. Join best selling financial author Kim Butler and host Todd Strobel as they discuss the importance of acting now and the cost of indecision. 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 reach out to ...
Jan 21, 2016•14 min•Ep. 74
Summary: Welcome to this episode of the prosperity podcast! Join our host Todd Strobel and bestselling author Kim Butler as they talk about the importance of having for-profit entities competing in a non-profit space. Listen as they discuss some of the advantages of for-profit businesses, like sustainability and scalability. Also, feel free to check out some the products mentioned in the podcast - interesting ideas happening in the for-profit world that solve non-profit problems like this little...
Jan 14, 2016•17 min•Ep. 72
Summary: Budgeting is almost ubiquitous financial advice - but is it effective? Join bestseller author Kim Butler and Todd Strobel as they discuss how budgets can be counter productive. Learn about the benefits of paying yourself first, or saving money, instead of trying to budget out your expenses. And keep sending in all the good questions and feedback ! We’d love to answer your questions in one of our upcoming shows, and we appreciate your support. Show Notes: 0:00 Intro 0:41 Budgeting: Stop ...
Jan 12, 2016•16 min•Ep. 71
Summary: Should you rebalance your portfolio? This episode of the prosperity podcast discusses this common piece of financial advice. Is rebalancing your portfolio basically selling assets that work to buy assets that aren’t working? Is it important to buy bonds in order to have a balanced portfolio? Tune in to figure out the answers to these questions and more. Also, please keep sending in all the good questions and feedback ! We’d love to answer your questions in one of our upcoming shows, and...
Jan 07, 2016•18 min•Ep. 70
Summary: Welcome to a very special episode of the Prosperity Podcast! On this episode, instead of our usual co-host Kim Butler, we are interviewing her son, Robby Butler, a nineteen year old finance major, to get a feel for how the upcoming generation is thinking about finance, the role of government, non profits, and more. Keep sending in all the good questions and feedback ! We’d love to answer your questions in one of our upcoming shows, and we appreciate your support. Show Notes: 0:00 Intro ...
Jan 05, 2016•15 min•Ep. 69
Summary: Welcome to the 68th episode of the Prosperity Podcast! Join Kim Butler and Todd Strobel as they discuss the timely issue of habits, resolutions, and the dangers of following the crowd. Learn about the best places to save your money and the way that habits shape our lives. And, please! Keep sending in all the good questions and feedback ! We’d love to answer your questions in one of our upcoming shows, and we appreciate your support. Show Notes: 0:00 Intro 0:39 Habits, Resolutions, and F...
Dec 31, 2015•14 min•Ep. 68
Summary: In this episode of the Prosperity Podcast, Todd Strobel and Kim Butler address a big issue for the upcoming generation and their parents: paying for a college education. So often today a college education is the expected and automatic next step after high school, and the costs can be very high. Join them as they discuss how to help your children succeed and how to help yourself to remain financially stable while supporting them. For more insight and ideas concerning education, specifica...
Dec 29, 2015•16 min•Ep. 67
Summary: Why are bridge loan investments profitable, and what documentation should you have before starting? What are the risks of bridge loan investments? Find out the answers to these questions and more as Kim Butler and Todd Strobel discuss bridge loan investments, both from the perspective of an investor and a realtor. Also, please keep sending us all the good questions and feedback . We’d love to answer your questions in one of our upcoming shows and we appreciate your support! Show Notes: ...
Dec 24, 2015•17 min•Ep. 66
Summary: Join Kim and Todd on this episode of the Prosperity podcast as they discuss the importance of creating wills, trusts, and power of attorney and keeping them updated. Find out what the minimum age is to start worrying about these documents, and the minimum amount of money you should have to create a living trust. Also, for help creating and updating all these documents visit nnepa.com (national network of estate planning attorneys) to find an attorney in your area to help you with you pa...
Dec 22, 2015•12 min•Ep. 65
Summary: On this episode of the Prosperity Podcast, we’re proud to welcome a new guest, Gina Wells, President of an Advanced Capital Group in Detroit. Gina Wells is an expert of financial planning and social security, so today we talked about new social security laws introduced in Congress’s Bipartisan Budget Act. Understanding social security and planning for your retirement is a huge part of anyone’s financial health, so make sure you don’t miss this episode of the Prosperity Podcast! Also, ma...
Dec 17, 2015•16 min•Ep. 64
Summary: Join Bestselling author, Kim Butler and Todd Strobel as they discuss insurance dividends - what are they, where they come from, and what they can be used for. Figure out whether or not you can change your dividend policy, and what the most common strategy for dividends is. If you’re looking to learn about your insurance policy, ask for an “inforce” illustration or ledger from your insurance company. Then feel free to send it over to Kim and she’ll be happy to explain it to you, in plain...
Dec 12, 2015•13 min•Ep. 63
Summary: Tune in with Todd and Kim as they discuss one of the most common theories of saving: The Bucket Theory - and what’s wrong with it! Learn how to “pick a side of the fence” with your savings and investment for more control over your money. Find out which savings vehicle is best for you and how your government sponsored saving account might be hurting you - especially if you have college aged kids! If you would like the opportunity for us to answer your question on the show or to be a gues...
Dec 08, 2015•11 min•Ep. 61
Summary: Are you an honest banker? You probably think the answer to that is yes, but it might not be as simple as you think. Tune in to Todd Strobel and best selling financial author Kim Butler as they discuss the meaning of being an honest banker - especially when it comes to paying yourself back. If you have an comments, tips, or questions, - or you’d like to be a quest on our show! shoot us an email at welcome@prosperitythinkers.com . Thanks for listening! Show Notes: 0:00 Intro 1:11 Why You ...
Dec 03, 2015•13 min•Ep. 60
Today, on the Prosperity Podcast, Todd and Kim discuss how life insurance companies make money and get paid. Kim explains the life insurance model and how it works. Todd describes how premiums are handled. They wrap-up by separating life insurance from other insurances and why that is important. 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 reach out to us! Show Notes: [0:00] Prologue [0:19] Int...
Dec 01, 2015•13 min•Ep. 59
On this episode of the Prosperity Podcast, Todd Strobel and Kim D.H. Butler breakdown the benefits of delaying social security. Kim explains this contrarian strategy. Todd discusses why financial advisors would want you to delay using qualified money as a source of retirement income. Finally, Kim and Todd look at the value of life and summarize the P4P school of thought on retirement. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be su...
Nov 26, 2015•12 min•Ep. 58
Kim D.H. Butler and Todd Strobel chat about the reasons to not use Universal life insurance when storing cash. In this episode, they compare and contrast indexed, or universal, to whole life insurance. Kim discusses the advantages the whole life insurance hold above indexed. Finally, Todd and Kim ask listeners to do their research because, if it’s too good to be true, dig a little deeper. If you would like the opportunity for us to answer your question on the show or to be a guest on our show, b...
Nov 24, 2015•15 min•Ep. 57
Today, on the Prosperity Podcast, Todd Strobel chats with Tammi Brannan of Instinctive Life Career Development about attracting more clients and finding your purpose. Todd discusses his time with the Instinctive Life training. Tammi reviews her 8 characteristic questions. Finally, Todd and Tammi examine the benefits behind finding purpose. 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 reach out ...
Nov 18, 2015•18 min•Ep. 56
This episode of the Prosperity Thinkers podcast focuses on the financial leaks that build up if we don’t pay attention to our bank statements. Todd Strobel and Kim D.H. Butler discuss multiple ways to avoid allowing the fees and charges to build up. Finally, Kim explains how a specialized, separate account can help your money flow to more prosperous opportunities instead of going towards needless bank fees. In the beginning of the podcast, Kim and Todd discuss The Summit for Prosperity Economics...
Nov 03, 2015•19 min•Ep. 55
Todd Strobel and Kim D.H. Butler examine your vocabulary and explain the power in words. Today, Kim breaks down several ways to adjust your vocabulary to create more positive outcomes. Todd looks into the way we feed our brains. Finally, they compare trains of thought to better understand the words we attribute to different phrases in the financial world. 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 question...
Oct 22, 2015•20 min•Ep. 54
Today, on the Partners for Prosperity Podcast, Todd Strobel and Kim D.H. Butler dissect marketing spin as it applies to life insurance. Kim defines what marketing spin is as Todd explains how it affects different financial products and what we “know.” They look at buzzworthy terms and all of the alternate names given to whole life insurance strategies, and why those terms may have a legitimate use to open minds. Finally, they look at how life insurance breaks through the negative spin the media ...
Oct 20, 2015•18 min•Ep. 53
“No B.S. Money Guy” Todd Strobel and best-selling financial author Kim D.H. Butler discuss the lies we believe about interest rates. Todd looks at the traditional arenas in which people interact with interest rates. Kim breaks down the truths behind the perceived facts that surround interest rates. Finally, they discuss Kim’s new book, Busting the Interest Rate Lies, which you can sign-up to be notified when it becomes available through our link. If you would like the opportunity for us to answe...
Oct 08, 2015•14 min•Ep. 52
Todd Strobel and Kim D.H. Butler sit down to talk about the truths in life insurance returns. Todd breaks down the gross returns and how it’s offset by your policy’s expenses. Kim analyzes what returns for life insurance in 2015 look like. Finally, they implore listeners, if you have any questions or areas of confusion, reach out and we will explain it further and more clearly. How does whole life differ from IUL in how returns are calculated? What ARE the 2015 returns right now for whole life p...
Oct 06, 2015•20 min•Ep. 51
On this episode of the Prosperity Podcast, Todd Strobel and Kim D.H. Butler examine how to have a positive mindset in a negative news world. Kim describes the way she finds best to shift her mindset. Todd talks about the process of trying to control your thoughts. Finally, they look at the recent interest rate talk and how it may be a matter of mindset shifting. 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 q...
Oct 01, 2015•16 min•Ep. 50
