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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


When to Recommend an MEC (Modified Endowment Contract) - Episode 193


In this short episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel break down the benefits and uses for an MEC (Modified Endowment Contract) versus a Single Premium Life Insurance Policy.

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:

Submit your questions:

Listener gift: Ebook,  Financial Planning Has Failed

Kim Butler’s book: Busting the Life Insurance Lies

Kim Butler’s book: Live Your Life Insurance


Show Notes:

00:00 Intro

00:20 Todd + Kim

00:33 Single Premium Life Insurance question

01:29 When Single Premium Life immediately turns into a MEC

02:44 You can borrow against Life Insurance

03:27 What a MEC is good for

04:51 Bridge Loan Investments

06:18 MEC is not a liquid asset

07:41 Underlying expenses with Life insurance

08:24 Have confidence in a dividend, not in the stock market.

09:41 Are there any particular strategies Kim would use?

10:47 If you’re more focused on a legacy, then we recommend MEC

11:23 Listener resources- Live Your Life Insurance, Busting the Life Insurance Lies

12:20 Listener gift- Financial Planning Has Failed, ebook

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