Cover art for podcast The Prosperity Podcast

The Prosperity Podcast

505 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


1 Million Dollar Question - Episode 155


Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel cover a listener question of what to do when you have a million dollars. They give several case studies on how to protect the money and what to do with it to make it grow.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at and we may answer it in an upcoming episode.


Links in this Episode:

Get the free ebook and audiobook - Financial Planning has FAILED

Submit your questions email subject line: Million Dollar Podcast


Show Notes:

00:00 Introduction

00:38 Today’s topic: 1 Million Dollar Question

02:41 Listener question of what to do with your first million

03:25 What does it mean to be a millionaire?

05:55 How much debt you should pay off if you had $1M

07:03 After inefficient debt is paid off there is something more important to do before you invest

08:43 How to protect yourself by buying your own disability coverage

10:01 Taking advantage of your insurance policy while still alive

10:50 Create extra cashflow and save it to protect yourself from emergencies

11:59 Does it make sense to put money in an annuity?

14:17 The argument of net worth vs cash flow

16:01 Putting money into life settlements

17:09 If you want more information on how to use cash flow from life insurance, bridge loans or life settlements email with the subject line: Million Dollar Podcast

18:21 Case study for a 59 ½ year old

19:45 Inflation is one of the biggest detriments for retirees. Kim explains how to beat inflation.

Educational emoji reaction


Interesting emoji reaction


Funny emoji reaction


Agree emoji reaction


Love emoji reaction


Wow emoji reaction


Are you the creator of this podcast?

Verify your account

and pick the featured episodes for your show.

Listen to The Prosperity Podcast


A free podcast app for iPhone and Android

  • User-created playlists and collections
  • Download episodes while on WiFi to listen without using mobile data
  • Stream podcast episodes without waiting for a download
  • Queue episodes to create a personal continuous playlist
RadioPublic on iOS and Android
Or by RSS
RSS feed

Connect with listeners

Podcasters use the RadioPublic listener relationship platform to build lasting connections with fans

Yes, let's begin connecting
Browser window

Find new listeners

  • A dedicated website for your podcast
  • Web embed players designed to convert visitors to listeners in the RadioPublic apps for iPhone and Android
Clicking mouse cursor

Understand your audience

  • Capture listener activity with affinity scores
  • Measure your promotional campaigns and integrate with Google and Facebook analytics
Graph of increasing value

Engage your fanbase

  • Deliver timely Calls To Action, including email acquistion for your mailing list
  • Share exactly the right moment in an episode via text, email, and social media
Icon of cellphone with money

Make money

  • Tip and transfer funds directly to podcastsers
  • Earn money for qualified plays in the RadioPublic apps with Paid Listens