Prosperity Thinkers BLOG
At Prosperity Thinkers™, we have a wealth of information for you. Please take a moment to look through everything and if you have questions, please email Support@Prosperitythinkers.com.
“Millionaire Mindset” On Health: The Long-Term Benefits of Treating Your Fitness As An Investment
Today’s post is a guest post from Steve Theunissen, a certified personal trainer. Steve joined his first gym at age 15 and, five years later, he was managing his own studio. In 1987, he became the first certified personal fitness trainer in New Zealand
The Prosperity Economics Car Buying Strategy Tested: A Case Study
Remember when we wrote about Prosperity Economics tips for buying a new car? Well, one of our incredible clients put that knowledge to the test and kindly shared the results with us. So we’re going to look at what he did, and what you
The History of Life Insurance
Part of the reason we believe in the foundation of life insurance–particularly whole life insurance–-is because it has a strong history that proves its value and usefulness. We talk about this history in passing, yet what is the history of life insurance? Today, we
Spend Happy: 5 Ways Money CAN Buy Happiness
“If you think money can’t buy happiness, you’re not spending it right.” –Michael Norton, Harvard Business School While there is no guarantee that earning money, having money, or even a large windfall will make you happier, research has shown that how we USE the
Mutual Company vs. Stock Company: What’s the Difference?
When you’re in the market for life insurance, one of the first steps is to know the product you want. Whole life insurance is good permanent, guaranteed insurance, and term insurance is temporary insurance that’s great for filling insurance gaps. Yet once you know
Living Longer: 7 Financial Strategies for Longevity
“How old would you be if you didn’t know how old you are?” –Satchel Paige, Baseball Hall of Fame pitcher Life itself is the blessing that comes before all other blessings. Yet investors speak of “longevity risk” in the same way as market risk,
A Guide to Wealth Protection
The secret to building wealth is saving more money, right? Technically, yes. The more money you make AND save, the more wealth you can build. You’ll be able to partake in new opportunities and increase your wealth trajectory. However, without wealth protection strategies, it’s
The Power of an Irrevocable Life Insurance Trust
One of the many benefits of whole life insurance is that your death benefit passes to your heirs free of income tax. There is, however, estate tax to consider. With a large enough estate, which can include your life insurance, your heirs may see
3 Ways to Escape the Tax Deferral Trap (Part 1)
“The difference between death and taxes is death doesn’t get worse every time Congress meets.” –Will Rogers Busting the Myth of Tax-Deferred “Savings” Should you be putting money into tax-deferred accounts or after-tax accounts? It’s a big question everyone must consider. One way we