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The Prosperity Podcast

578 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

25:31

Time Value of Money - Explained - Episode 406

The time value of money isn’t a commonly discussed concept but by the end of this episode, you’re going to look at money differently and how your money is spent and invested.

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

  • What’s the time value of money? - 0:51
  • Money in our lives exist in time - 2:03
  • The world of finance and the basic personal financial space - 2:49
  • Time value of money and the passing of time - 4:50
  • Inflation as an aspect of the time value of money - 5:52
  • How Spencer explains time value of money - 7:00
  • Most do not have the financial education about time value of money - 12:30
  • About compound interest - 13:52
  • Bitcoin and cryptocurrency - 16:00
  • Cash value life insurance - 17:16
  • One of the nice things about the Truth Concepts Calculator - 19:43
  • Find out about the personal finances arena with a Truth
  • Concepts Calculator - 22:41 Special Listener Gift
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