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The Prosperity Podcast

506 EpisodesProduced by Kim D. H. Butler and Spencer ShawWebsite

Take control of your money. Join Kim D. H. Butler, best-selling financial author, and Spencer Shaw, as they use their prosperity mindset to utilize wealth-building tactics. Learn about the 7 Principles of Prosperity and how to make your money work as hard as you do.The Prosperity Podcast is the pers… read more

13:24

Why You Shouldn’t Borrow Against Your Whole Life Insurance Policy - Episode 298

We discuss why borrowing against your whole life insurance too often, too soon and too much might not be a good idea.

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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

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Show Notes

  • Borrowing to invest - 0:55
  • How to use your emergency fund - 1:22
  • Being conscious of what we are borrowing for - 1:58
  • Eliminating your emergency fund - 2:33
  • Being patient to get better results - 4:50
  • Getting assets to continue growing - 7:30
  • Finding cash flow deals - 7:50
  • The emergency number is zero - 8:34
  • An emergency and opportunity fund - 9:40
  • What the emergency fund is for - 10:03
  • Adding opportunities to our way of thinking - 10:44
  • Prosperity thinking and prosperous mindset - 11:06
  • Get in touch with Kim and Spencer - 12:48

Special Listener Gift

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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