“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” Archimedes Is owning assets “free and clear” the best way to invest? After all, you have no interest payments and no obligations to anyone else. Why would you WANT to leverage your other assets or …
The Power of Leverage: 3 Reasons to Use Assets as Collateral Read More »
“Impulsive decisions are soon regretted, so take your time with financial decisions.”– Kate Phillips, Total Wealth Coaching It’s the problem everyone wants to have: not knowing what to do with a large sum of money. Expected or unexpected, you could come into a lump sum of money by an inheritance, business deal, or the sale …
Cash Windfall: 11 Ideas for What To Do With a Large Sum of Money Read More »
Thanks to the current financial media, when most people think of wealth building, they think of investing and wealth accumulation. What we want people to understand is that there is so much more to wealth building, and accumulating the biggest pile of money isn’t as effective as creating a liquid pool of money that can …
Why Wealth Accumulation Alone Prevents Wealth Building: The Importance of Cash Flow Read More »
Is investing in oil a good idea? In these precarious market conditions, it’s not an easy question to answer. Learning how to invest in oil wells and gas requires a studied understanding of the evolving market. Over the past three years, investments in oil have seen radical ups and downs. While it can be impossible …
Is Investing in Oil a Good Idea Now? How to Invest in Oil Wells and Gas Read More »
The most recent world event to have affected many Americans’ bottom line is the COVID-19 shutdown. Many people were unable to work, whether due to business closures or quarantine. Businesses dependent on physical patrons were hit hard, especially if they were unable to pivot into a digital presence. In the past, government shutdowns caused similar …
Bulletproof Wealth: Four Keys to Economic Self-Reliance Read More »
What do you do with an idea you recently thought about? For today’s bonus episode, Kim and her sister Tammi, start a series of podcasts based on three kids’ books. Kim and Tammi want to talk about these books through the lens of an entrepreneur. They believe that children’s books contain principles directly applicable to …
Focus on preparing instead of planning. For today’s episode, Kim and Spencer take a deep dive into the principle and value of preparing rather than planning for your future. As they contend on the topic of focus, Kim also shares the learnings she got with her training and experiences as an advisor and what it …
People by nature always want fast results. In this episode, Kim and Spencer argue that taking a long-term approach to investment will yield a greater reward than short-term investments, despite their seeming convenience. Their conversation revolves around insurance as a place to store cash for the future and why it is essential to have confidence …
Money is not everything, it affects everything. In this episode of Prosperity Thinkers, Spencer and Kim talk about the importance of paying attention to Economic Laws and how a business runs its personal finances. The said practice will lead you to success in terms of finance. According to them, personal finance is a capital flow …
Everybody wants to have peace of mind. The question is “HOW?” In this episode of Prosperity Thinkers, Spencer and Kim delve deeper into the process of infinite banking. They emphasize how cash value should perform two vital roles: solve emergencies where a liquid account should be borrowed instead of a credit card and open opportunities …
Busting the College Planning Lies book is now available.
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.