The Prosperity Podcast

The 0% tax bracket is a race to the bottom. It's a mentality that big stores such as Walmart support, where the goal is to pay as little in taxes as possible. This hurts everyone in the long run because it means less money for things like infrastructure and education. In today's episode, Spencer Shaw and Kim Butler talk about the importance of NOT focusing on 0% taxes. They argue as to why the rac...

There's never been a better time to start than now. Why? Because you can't predict the future, and things could always get worse. So if you're thinking about starting something new, whether it's a business or a relationship or anything else, now is the time to take action. For today's episode, Spencer Shaw and Kim Butler talk about the best time to take action. Together, they discuss the big conne...

Whole life insurance has been around for a long time, and for good reason. It's a type of insurance that can provide you with coverage for your entire life, as long as you continue to pay the premiums. This can be a great option if you want to make sure your family is taken care of financially in the event of your death. For today's episode, Spencer Shaw and Kim Butler talk about the many advantag...

We all know the saying, "There's no such thing as a stupid question." And yet, we often find ourselves holding back from asking questions, for fear of sounding foolish. But the truth is, asking questions is one of the most powerful things you can do. Good questions can help you learn more about someone or something, get to the heart of a problem, and build better relationships. For today's episode...

It's no secret that family traditions are important. They help us feel connected to our loved ones and give us a sense of belonging. But what happens when those traditions change? For today's episode, Spencer and Kim talk about old and new traditions. They share why creating new traditions can help bridge the gap between the older and the newer generation. Spencer and Kim also describe how familie...

Do you ever feel like you're stuck in a rut, just going through the motions day after day? If so, you're not alone. A lot of people feel that way at some point in their lives. But the good news is, it doesn't have to be this way. You can choose to break out of your routine and learn something new. For today's episode, Spencer Shaw and Kim Butler talk about learning new skills that can help you fee...

As a parent, one of the things you worry about is your kids' safety. You want them to be safe when they're driving, and you want to make sure they have the right insurance in case something happens. Unfortunately, insurance rates for teenage drivers are rising. In some cases, they're doubling or even tripling. But before you start panicking about the cost, it's important to understand why this is...

Pets are often considered to be part of the family, and as such, their well-being is important to pet owners. Pets can bring joy, companionship, and even health benefits to their humans. But they can also come with unexpected costs, like veterinary bills. Pet insurance can help cover these costs and give peace of mind to pet owners For today's show, Kim and Spencer sit down to discuss pet insuranc...

When faced with a huge problem, can you still face it with a positive outlook even if you are full of emotions? Yes, you can! Everyone is entitled to abundance and prosperity, but it's not just handed to you easily. In order to attract it and have a property mindset, you also have to change your thoughts and beliefs towards it. And that's what Spencer and Kim talked about for today's episode. For...

With more and more people worrying about inflation and its effects, when is inflation good for you? Are there benefits from inflation that you can benefit from? For today's episode, Spencer and Kim talked about the good side of inflation: When and how people can benefit from it. They discussed how fixed policies like whole life can benefit from inflation. Spencer and Kim also describe the importan...

Should families be open to each other's financial situations? What if you are embarrassed to share your current financial standing with the people around you? For today's episode, Kim and Spencer take a deep dive into the importance of discussing your finances with the family. They describe the different ways of providing and getting help as well as how the different prosperous families get prospe...

Do you use apps to keep track of your finances? What kind of application works for you and which doesn't? Apps can be a hit or miss: It might work for others, but it might not work for you. Thankfully, Kim and Spencer talk about a life-changing app that will not only help you in keeping track of your finances, but it can also be an eye opener on which categories you're spending too much (or too li...

People are more focused on the short-term by nature. Many think that it is easier to center on the short-term gains and goals and neglect the longer-term dreams and goals. Little do people know that long-term thinking can bring to life the exciting possibilities of what's to come. In this episode, Spencer and Kim talk about the differences between long-term and short-term thinking. They share how...

Don't be fooled by the promise of easy wealth: They hide giant risks and you might lose money. Instead, you should spend your time learning how to build your wealth and adopt a win-win mindset. Kim welcomes Tom Wheelwright to talk about his new book: The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make. Together, they talk about why Tom decided to use that title and about...

Some families converse easily, but there are others who don't. There are some who find it easy to get along with others, do fun activities together, and even work out problems along the way, but not all families have strong bonds like that. For this episode, Kim and Spencer speak about gathering your family's stories and legacies. Kim walks down memory lane as she narrates what epiphany she had, h...

Stories play an important role in the development and growth of your kids. Reading helps with their confidence level, as well as coping with learning, language, and feelings. But did you know that as an adult, you can also learn a lot from children's books? Spencer and Kim center their conversation around the book, America's History: A Tuttle Twins Series of Stories, a 240-page storybook that teac...

When a company is experiencing financial difficulties, the owner can go through the process of deleveraging their balance sheets and their business. Deleveraging reduces debt and the risks to avoid bankruptcy. But the big question is: How can you go about it? For today's episode, Kim and Spencer circle their discussion around deleveraging. Together, they talk about how you can apply to leverage an...

When you have money to spare, what are the best investments to have? What's the assurance that the money you'll spend on a property or investment is going to grow, especially during inflation? For today's episode, Kim and Spencer answer different questions surrounding inflation. They talk about what you should do about inflation and when is the best time to start investing. To get the value out of...

To express your viewpoint and for others to answer the questions you have set, raising arguments is a good standpoint. Arguing can help structure the conversation and even guide the person you're talking to to the different points of the conversation. For this episode, Spencer and Kim circle their talk around arguing. First off, they discuss the concept from Alex Epstein's book, Fossil Future. Spe...

Are all debts considered to be bad debts? If not, what's the difference between a good debt and a bad debt? For today's episode, Spencer and Kim talk about the difference between a good debt and a bad debt. They break down the characteristics of the two kinds of debts, along with the different kinds of debts and home equity. Best-selling author Kim Butler and Spencer Shaw show you how to take more...

Not taking control of your finances could lead you to having difficulties paying and saving for things. If you find yourself with no savings and spending more than what you earn, it's time to drop your bad spending habits and start building better financial habits. For this episode today, Spencer and Kim talk about inversion thinking and bad finances. They share the essential pieces of bad finance...

Feeling the need to be in control is natural. You can feel at your best if you know exactly what is going on in the different areas of your life. However, you can never control everything: What other people think of you, losing a loved one or how others behave, to name a few. Luckily, there are things that you can manage and control in your life — and that is the center of today's discussion with...

Is retirement a scam? Once you retire early, can you picture what you would like to do to fully enjoy your years of freedom? Spencer and Kim revolve their conversation around the major part of life that most people tend to overlook: Retirement. You might be excited to get off work, but once you're free from your professional and business obligations, what will you do in life? In this episode, Spen...

Are there things that you tend to overlook? Spencer and Kim revolve their conversation around the invisible thing that we often overlook: intention. It sneaks into our lives, and the decision to observe and act on it is in our hands. However, if it's the other way around, we might be forced to reckon with it in the future. In this episode, you will learn some essential critical points on developin...

What is a good or bad financial strategy?? For today's episode, Kim and Spencer talk about the traits of good and bad property owners and how they differ from one another. These comparisons are made throughout various points and questions. You will also learn why making your money grow, is a choice. As Kim and Spencer delve deeper into this topic, you will discover how ongoing savings are equally...