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 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/
• https://twitter.com/unusual_whales/status/1787490501756895487?s=46&t=Wx4UH3H0WqT4Xg1RSCK9hA

Show Notes

• Concerns About Home Ownership Accessibility.
• Discussing the Importance of Homeownership in Wealth Building.
• Efficiency and Plugging the “Rent Hole” in Your Finances.
• Emotional Intelligence and Homeownership Decisions.
• Simplifying Savings to Achieve Home Ownership.
• Structured Approach to Saving and Overcoming Spending Habits.
• Shifting Mindset from “I Can’t” to “How Can I”.
• Systems for Saving and the Importance of Hope in Financial Goals.

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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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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 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/

Show Notes

• Defining accredited investor status.
• The importance of liquidity for accredited investors.
• Series 65 as an alternate route to accredited investor status.
• Strategies to build liquidity for investment opportunities.
• Considerations for 401(k) contributions and liquidity.
• The strategy of 'paying yourself first.'
• Utilizing non-retirement account investments for liquidity.
• Creating wealth through business and real estate involvement.
• The importance of transactions in wealth creation.
• Steps to take when approaching accredited investor status.
• The benefits of learning about accredited investments.
• Focusing on specific investment areas as an accredited investor.
• Kim's advice: Go slow and start small to minimize principal loss.

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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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 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/

Show Notes

• Embracing Prosperity Thinking Amid World Chaos.
• Managing Fear with a Positive Mindset in Uncertain Times.
• CS Lewis on Living in an Atomic Age - Choosing Life Over Fear.
• Navigating Business Shifts and Personal Growth.
• Enforcing Daily Gratitude Practice for Clarity and Opportunity.
• Parenting as an Act of Service and Purpose.
• The Importance of Serving and Continuous Self-Improvement.
• Balancing Work with Rest and Continuous Personal Development.
• Encouraging Love for Work and Lifelong Labor.
• Redefining Retirement as Pursuit of Freedom and Independence.
• Must-Have Safety Nets: Disability Insurance, Life Insurance, Trusts.
• Building an Emergency Opportunity Fund for Liquidity and Peace of Mind.
• The Significance of Community and Relationships in Challenging Times.

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!

Review and Subscribe
If you like what you hear please leave a review by clicking here

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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 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/

Show Notes

• Kim Butler's introduction and endorsement by financial figures.
• The concept of "Busting the Budgeting Lies" and its relevance to personal finance.
• Challenging the effectiveness of budgets in real life.
• The myth that saving first doesn't work in today's world debunked.
• Personal story on saving first through life insurance premiums.
• Introduction to the "Currence" app for cash flow management.
• How "Currence" helps to measure financial progress backwards.
• The potential impact of properly managed cash flow over a lifetime.
• Utilizing technology to control and enhance personal finance.
• Final advice for business owners to balance personal finances with business success.

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!

Review and Subscribe
If you like what you hear please leave a review by clicking here

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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 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/
• https://twitter.com/FluentInFinance/status/1782561174472507667

Show Notes

• Tax strategy: Follow or not follow the tax code?
• Trusts for wealth protection and tax benefits.
• The pitfalls of irrevocable trusts.
• Custodial Roth IRAs and their limitations.
• Taxable brokerage accounts and gift tax exemptions.
• Why to avoid 529 plans.
• Hiring kids legally for tax benefits and life skills.
• The need for a business for tax advantages.
• Financial literacy vs. financial capability for kids.
• The truth about compound interest and taxes.
• Addressing misconceptions about investing in the S&P 500 for children's wealth.
• The crucial role of whole life insurance in wealth growth and protection.

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!

Review and Subscribe
If you like what you hear please leave a review by clicking here

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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 of cash flow and serving others alongside building wealth, considering wealth building as a marathon rather than a sprint.

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, 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/

Show Notes

• The importance of an emergency and opportunity fund
• Why you should have a foundation fund which is not taxed and readily available to take advantage of opportunities
• The ideal size of your opportunity fund
• Importance of having a larger opportunity fund than the size of the deals you are seeking
• The race towards financial stability
• The concept of serving as a human or spiritual standpoint in one's life
• Why you should go slow in investments and making wise decisions
• The problem of focusing only on sprinters or starters in financial information
• "Perpetual Wealth" and the seven phases of prosperity
• Importance of having checkpoints in one's financial journey
• Use of every decade as a checkpoint
• The need to stretch our perspective of time and have a firm foundation
• The value of cash flow

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!

Review and Subscribe

If you like what you hear please leave a review by clicking here

Subscribe on your favorite podcast player to get the latest episodes.

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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 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, 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/
• https://prosperitythinkers.com/vote/

Show Notes

• The importance of financial education and shares her experiences writing the book 'Busting the College Planning Lies'
• Experiences from Kim's own financial education and how it fuels her drive to simplify financial education for everyone, regardless of age or financial awareness
• Distinction between products that people buy and strategies that people do to control their money
• Age and the societal misconception surrounding retirement at 65, urging people in their 50s and 60s to envision working for another 30 or more years
• Individual stories of reinventing oneself and continuous learning shared
• Planned client event for learning, along with the concept of a potential community for mindset of prosperity relating to personal finance
• Creating a voting system in the next episode for listeners to decide on the type of community they seek

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!

Review and Subscribe
If you like what you hear please leave a review by clicking here

Subscribe on your favorite podcast player to get the latest episodes.

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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 applying these principles both personally and as a family. The hosts also discussed the importance of pursuing financial literacy for safer and better banking and financial decisions.

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, 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 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/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/

Show Notes

• The importance of language in understanding financial concepts
• The clarity that comes with understanding family banking, as opposed to the confusion that arises from the term "family bank”
• Why anyone can practice family banking
• The importance of focusing on cash flow as a starting point before progressing to other financial considerations
• Value of repaying loans with interest and how the concept has been lost in present society
• Opportunity cost in the context of personal finance
• Individuals avoiding debt due to lack of financial literacy or fear
• Why personal finances should not be handled with a mindset looking for shortcuts
• Significance of financial education and having someone trustworthy to help guide you through your financial decisions
• The importance of having a clear set of financial principles to live by
• How to adopt or create a set of financial principles based on the seven principles of prosperity

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!

Review and Subscribe
If you like what you hear please leave a review by clicking here

Subscribe on your favorite podcast player to get the latest episodes.

• iTunes
• RSS