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.

The Prosperous Pivot: Innovate for Profitability Now!
“Necessity is the mother of invention.”—English Proverb It’s been said, there’s never a shortage of money… only a shortage of ideas. And perhaps nothing proves that more than watching business owners, solo entrepreneurs and everyday people make extraordinary changes during this time. Pandemic afoot?

Whole Life Insurance Explained: A Firm Financial Foundation
Whole Life Insurance, Explained. If you look up the definition of whole life insurance, you’ll discover it is “a type of permanent life insurance that offers cash value.” People with a limited understanding may say it’s just “expensive life insurance.” Others may claim it’s

Give Your Dollars a Lifetime Guarantee
“The best way to guarantee a loss is to quit.” ~ Morgan Freeman Not much in life is truly “guaranteed.” We can’t guarantee the weather, what other people will or won’t do, the direction of the markets, or even if we’ll be around to

Safe Haven Assets for your Dollars
Where can you keep your money where it will be safe!? That’s what many investors are asking themselves right now. They are looking for safe haven assets and weighing their choices. Today we will review options such as T-bills, bonds, gold, bank products, and

Bye-bye Stretch IRA: Uncle Sam Wants his Cut!
How the SECURE Act Impacts Inherited IRAs Last week, we published an article summarizing many of the changes the SECURE Act brings to retirement plans. These include new rules regarding retirement plan contributions, distributions, the availability of annuities within plans, maximum contributions for automatic

Success Lessons: 10 Ways to Win at Money, Work and Life
I’ve been blessed with parents, mentors, and role models who have invested in my success. And in turn, I have been told by numerous other advisors and individuals that they count ME as one of their success mentors! (Read about Kim Butler if we

Where to Invest—and NOT invest—in 2020
In the last 12 months, our opinion about certain investments has not fundamentally changed. You could call us predictable—but we prefer to say that we are consistent! We also believe in strategies that work in every economy. Financial planning without investment management can be

The No-Buy-Year Movement: Freedom from Overspending
I declared to myself I would buy no clothes and no skin care products in 2019. I had plenty of clothes and there was nothing I needed. And although I do attend professional events and conferences, much of my time is spent home on

7 Keys to Intention-Setting for the New Year
Today’s article on intention-setting is a guest post from Kate Phillips of Total Wealth. Kate is also the co-author (with yours truly, Kim Butler) of Perpetual Wealth and Financial Planning Has Failed. “Go confidently in the direction of your dreams. Live the life you