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 Surprising Business Financing Secret of Top Entrepreneurs
“Cash is King.” ~Anonymous What makes a business succeed? As a general rule, capital comes in handy! And whether a lack of cash is a symptom or cause of a failing business (it can be both), undercapitalization brings down more businesses than anything else.
Life Settlements: Why Seniors (even Celebrities) are Selling Their Life Insurance Policies
I don’t want to tell you how much insurance I carry with the Prudential, but all I can say is: when I go, they go too.” – Jack Benny, comedian (1894-1974). An on-air penny-pincher who pretended that he would sooner die than part with
7 Ways to Prepare for – or Avoid – An Economic Disaster
“I went to the ATM this morning and it said “insufficient funds”… I’m wondering is it them or me?…” – from Mirror.co.uk As we commented in a recent post, “The Double Standard and the Golden Rule,” fractional reserve banking practices can leave our banks
What’s So Funny About Money? Fifty Financial Jokes
After a couple of weeks of talking about banking fraud and scandals on our Prosperity Thinkers blog, it’s time for a change of mood. After all, a number of recent studies show evidence that happy people make more money, and we’d like to help
5 Ways to Use Leverage In Your Wealth Strategy
One of our favorite CPAs, Tom Wheelwright of ProVision Wealth, agreed to let us share the following article. Tom is author of Tax-Free Wealth and the founder of Wealth Strategy U, a membership site that answers tax and other wealth-related questions. Here’s Tom: How
9 Common Bookkeeping Mistakes Even Smart Business Owners Make
This week, we’ve asked an essential member of our team, our bookkeeper, Carrie Putnam, to share some of her wisdom. Carrie is the founder of Bookkeeping Helpers, Inc. and our personal CFO. She has been our bookkeeper for 20+ years, and we have no
Recapping The Summit: Lessons from the Mountaintop
“Be the change that you wish to see in the world.” – Mahatma Gandhi We just returned from the third Summit for Prosperity Economics Advisors, an event that my husband Todd and I host each year for professionals in our industry. We spent three-and-a-half
The Shrinking of the Middle Class (and Why We Welcome It)
“Never let the truth get in the way of a good story.” – Mark Twain “The shrinking middle class” is generally spoken about in ominous terms, a warning, perhaps in a political speech, one designed to generate indignation and protest. Headlines such as “America’s Middle
How to Prepare Your Portfolio for a Bear Market (Part 2)
“There’s no harm in hoping for the best as long as you’re prepared for the worst.” ― Stephen King, Different Seasons (Continued from Part One.) What are the typical solutions used to soften the blow of a stock market downturn, and do they work?