The Prosperity Podcast

Tune in to the eighty-fifth episode of the Prosperity Podcast! Today, our host Todd Strobel and best-selling author Kim Butler talk about “unbelievable thinking” and the difference between Prosperity Thinkers and Poverty Thinkers. They explain how poverty thinkers reduce involvement, whereas prosperity thinkers work on self improvement – poverty thinkers stop dreaming, and prosperity thinkers set attainable goals. We hope this episode can help you improve your personal thinking so that you can enjoy more prosperity in your life! 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! To download a list of the habits of unbelievable thinkers (with poverty thinkers on the left and prosperity thinkers on the right) click below! Show Notes [00:00] Intro [00:24] Unbelievable Thinking [02:03] Poverty Thinkers versus Prosperity Thinking [06:27] Setting Attainable Goals [09:05] Financial Problems with Poverty Based Thinking [11:31] Seeking out Opportunity Especially in Crisis [12:46] Holding Back Constantly vs. Moving Forward in Some Form [14:28] Poverty Thinkers and Complaining versus Gratitude [16:57] Seeks Outside Approval vs. Building Internal Confidence [21:35] Outro Tweetables: Get Your Prosperity Accelerator Pack Today! Sign up to receive our ebook, Financial Planning Has FAILED as part of your free Prosperity Accelerator Pack now. Subscribe to the Prosperity Podcast       

Welcome to the 84th episode of the Prosperity Podcast! Today, host Todd Strobel and best-selling author Kim Butler sit down to discuss the power of systems. Systems allow us to let our money work for us (to leverage our money) and to create cash flow, one of the main principles of prosperity. Taking advantage of systems doesn’t require us to work harder to make more money, just smarter. One of the biggest components of utilizing systems is creating habits that work towards our financial prosperity, not against it. If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!

Join Kim Butler and Todd Strobel today as they discuss financial triage. Learn what three steps occur in a triage, and what personal financial triage means to you. Also, find out what to do if you are experiencing financial triage to take back control of your money and regain your lost opportunity cost. Most importantly, listen as Kim and Todd discuss addressing systemic finance errors, i.e., habits, like not saving consistently or investing with too much risk. Thank you for listening to the Prosperity Podcast and, as 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!

Welcome to the eighty first episode of the Prosperity Podcast! Join best-selling author Kim Butler and host Todd Strobel as the talk about the concepts of double line investing and triple wins in finance. The best investments are investments where both the buyer (or the investor) and the seller (or the borrower) have opportunities to grow and make more money. This is called a double line investment. The coiner of this term, Peter Diamandis, just published a new book Bold: How to Go Big, Create Wealth, and Impact the World, where he elaborates on this concept. Kim Butler and Todd Strobel also explain what a triple win investment is, a very similar concept, except in this case, it’s important that both the buyer, the seller, and the community as a whole (which could be a global community!) win too. 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!

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 saturated, or risk avoidant. If you have any questions or comments, please reach out to us! We’ll be happy to do a podcast answering your questions and will get back to you on any comments or feedback you might have!

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 or to be a guest on our show, be sure to keep sending us questions and reach out to us!

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 questions or comments, please reach out to us! We’ll be happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!

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 happy to do a podcast asking your questions and will get back to you on any comments or feedback you might have for us!

Join us on the seventy-seventh episode of the prosperity podcast as best selling author Kim Butler and co-host Todd Strobel investigate the fifteen year versus thirty year mortgages. Conventional wisdom seemed 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 financially 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 Butler’s book Busting the Financial Planning Lies or drop by truthconcepts.com for their visual breakdown of the differences. If you’re looking to calculate the differences for yourself, try their free ten day download of this financial calculator. 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!

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!

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 your questions, comments, and concerns. We’d love to hear from you!

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 us!

On this episode of the Prosperity Podcast, join us as we interview Kaylea Butler, an eighteen year old University of Denver Environmental Science Major and the daughter of Kim Butler, to get a look into the perspective of the next generation. Tune in as we talk environmental crises, possible solutions, and the way our youth are educated (or aren’t educated!) on financial matters. 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!

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 vacuum that might help companies more efficiently separate their waste for recycling, and this fitness device, that helps people - including some high profile athletes stay fit. Ultimately, the important idea is not that non-profits don’t deserve support, but the importance of developing creative and functional ideas in the for-profit world that provide services that people desperately need and solve problems affecting people's everyday lives and our future. Thanks for tuning in, 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.

Budgeting is almost ubiquitous financial advice - but is it effective? Join bestseller author Kim Strobel and Todd Butler 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.