Wealth Renegade

Analyzing the wisdom, learning, and strategies needed to invest according to your fundamental purpose as an investor. Opportunities are everywhere - so why shouldn't you buy that office building or throw your weight behind that startup? Or... should you? Your opportunity filter will tell you… Highlights Why the podcast's name is Wealth Renegade - 1:06 Everything they recommend is different - 4:02...

Kim and Robby discuss how to have a disagreement regarding financial advice that is prosperous and valuable. (Hint: it's a little longer of a road to change someone else's mind than we think it is!). Highlights Many opinions about financial advising - 0:57 Changing minds - 2:01 A get out of debt mantra - 2:47 Having efficient savings habits - 4:30 What entertainers are focused on - 5:54 How you ch...

The hosts of the Wealth Renegade Podcast talk about "Other People's Money" and how to get it into your transactions, business ideas, and investment philosophy. Highlights What's OPM - 0:43 The time value of money - 3:02 Using other people's money - 3:49 Opportunity cost - 6:15 The cost of cash - 8:39 The idea of other people's money - 15:17 Episode Resources Connect with Kim Butler and Robby Butle...

Robby and Kim discuss fortitude, grit, hardiness, conviction, and its relationship to your financial wellbeing and prosperity. Highlights Believing in yourself - 1:38 Grit applied to business and finances - 1:51 Our financial lives need tenacity - 2:38 Loving the term - 3:47 Spend time planning long-term goals - 6:52 Reduce your lifestyle expenses - 9:36 What Kim loves about entrepreneurial busine...

Kim and Robby dive into wills and trusts and how to protect your assets! Do you want to know what will happen to somebody that dies without a will? Check it out in this episode. Highlights Dying without a will - 0:59 What could happen to you - 3:39 The living will - 6:31 Accumulating assets - 9:47 What's a living trust - 10:54 A revocable living trust - 12:05 Episode Resources Connect with Kim But...

Kim and Robby dive into personal finance in the entertainment industry. They discuss gaming, using a financial strategy well, and why money is a magnifier. Highlights Money affects everything that is important - 0:56 Using a financial strategy well - 2:23 Gaming is a great way to learn - 4:28 People's financial decisions - 8:11 Money is a magnifier - 11:46 The games that wealthy people play - 12:2...

Having a financial discussion that happens everyday… cash value and life insurance. Robby and Kim share their insights about whole life insurance policies. Highlights Learning about life insurance - 2:02 Lack of information and understanding about what this product can do for your life - 2:54 Kim's story from when she was in a bank - 4:58 A financial strategy - 6:08 Having a true strategy - 6:56 T...

Regular calculators vs. financial calculators. What kind of calculator do you have? What is the most common calculator that most people use? Highlights The word "calculator" - 1:06 Personal finance math is not the same that we learned in school - 1:33 Using financial calculators - 4:49 The rate calculator - 6:32 What's the present value? - 8:31 Present value as a weird concept - 10:06 Present valu...

Defining a goal… where your life is going and what financial advice do you select to achieve that goal? Kim and Robby talk about financial goals and how to achieve them.   Highlights Realistic goals - 1:09 Specific, measure, actionable… that's a goal - 1:30 How to set up goals - 3:02 Stages of the Prosperity Ladder - 4:56 Having ownership, what you have control of - 5:40 Thinking about your thinki...

The myth of retirement… Do you think that you should retire at 65? Listen in as Kim and Robby talk about retirement and better options! Highlights Retirement is so "weird" - 1:26 Schools of thought - 2:29 Having more opportunities at your 60s - 3:31 The "societal thought" - 4:19 Life expectancy is growing - 4:56 Wanting to pursue work opportunities - 6:31 Some myths of retirement - 7:23 Find work...

Buying your first home is a wild experience; you learn so much in a short amount of time. Financial transactions, responsibility, the negotiation process, different home systems, and the financial opportunities of being a first-time homebuyer will be some of the topics addressed in this episode! Highlights Robby's friends and their first time home buying process - 1:41 Homeshopping Zillow funny vi...

What do you do if your opinion differs on what your parents think? Robby and Kim talk about what you can do when you do not think the same as your parents. Highlights Being in "learning mode" - 1:21 Not knowing much about personal finance - 1:55 The learning curve - 2:34 Do not take it "personally" - 3:32 Not fighting over the idea - 4:12 The cost of many fights in family - 4:45 An ownership obses...

What are the different types of financial advisors? Kim and Robby talk about what they are and how they can help you. Highlights Deciding to do the right thing for your client - 2:08 A certified financial planner - 3:26 How wealth is made - 4:22 Accumulating the wealth or building the wealth - 4:58 Advisors that help people - 5:55 Seeking out financial advisors - 6:54 The time value of money is a...

Kim and Robby Butler discuss the different types of debt. Kim explains the difference between good debt and bad debt and how it affects your finances. Highlights Credit card debt, home debt, and car debt - 0:50 Good debt and bad debt - 1:24 Secure debt and unsecured debt - 2:30 When good credit comes in - 4:56 What unsecured debt does for you - 6:46 Struggling with debt - 12:44 What it means to be...

Financing furniture and cars… Kim and Robby talk about these two first purchases that you make in life. Highlights Not everybody has car loans - 1:09 The book: Economics in One Lesson - 2:20 Mistakes on car financing - 3:55 Paying cash for the car - 8:53 Driving by the furniture stores - 9:22 The mindset is SO important - 15:39 Episode Resources https://smile.amazon.com/Economics-One-Lesson-Shorte...

What does credit mean for your financial life? Kim and Robby dive into credit, credit cards, and their first memories of credit. Highlights The concept of credit - 1:09 Debit cards and credit cards - 3:53 What you can do with a credit card - 4:11 Interest payments and rates - 5:53 Not having credit availability - 7:35 Companies that provide credit scores - 8:13 Your cell phone bill can impact your...

Do you have a what-to-do list for your daily tasks? Well, probably you should have a "what not to do list" Kim and Robby explain why! Highlights Figuring out what not to do - 1:08 Investing in art - 1:43 Invest in what you know - 2:59 Helping people with alternative investments - 5:31 Willing to know as much as possible - 7:59 Do whatever it takes to learn - 9:35 Robby's not to do list - 11:09 Not...

Kim and Robby dive into principles 9 to 12 which are principles of prosperity. They share their experiences with these principles and encourage you to use them in your day-to-day life. Having principles around your money will help you in your financial life. Highlights Actuarial Science - 1:33 Why Actuarial Science and life expectancy are important - 1:48 The multiplying principle - 3:50 What's mu...

Kim and Robby continue their discussion of the principles of the Prosperity Economics Movement, and the importance of having principles, and today they explain principles 5 to 8. Highlights The fifth principle: control - 0:55 A good thing to pay attention to - 2:42 The sixth principle: liquidity - 3:08 Having an opportunity fund - 4:02 Why liquidity is so important - 5:50 The economic rates princi...

There's more out there for you as an investor! Find your own success and prosperity by understanding the idea of having principles. Highlights The idea of having principles - 1:27 The principle of "think" - 2:01 Your personal finances should be thinkable - 2:28 Thinking with a prosperous mindset - 3:15 The process of buying his first home - 4:45 Understanding the term "opportunity cost" - 6:23 Wha...