Case Study – Part 6: Couple Earning $45k Each a Year – Episode 175

Summary:

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about Part 4 of the case study featuring a couple earning $45,000 each a year. This episode specially talks about car buying and strategies to save money on the purchase and loan.

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 welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.

Links in this Episode:

Kim’s book – Busting the Retirement Lies

Submit your questions welcome@ProsperityThinkers.com

Truth Concepts Calculator www.truthconcepts.com

Show Notes:

00:00 Introduction

00:30 Today’s topic: Case Study – Part 6: Couple Earning $45k Each a Year

01:31 In this case study the couple is almost 30 and got $5k annual raises put into their 401k’s

02:40 Kim explaining the true numbers behind the 401k match vs max

06:23 The real reason why employers offer a 401k plan

07:24 How to increase the rate on your qualified plan without changing any of the investments

10:16 The true risk of a 401k vs a life insurance plan

11:01 The only product that has a guaranteed cash value dollar figure

12:02 Getting access to cash value life insurance

14:00 PUtting focus on boring but effective strategies

15:24 Free audiobook and ebook Financial Planning Has Failed