Kim Butler and Todd Strobel go over several ideas, strategies, and best practices to maximize your money. For instance, Kim explains how you may be able to dramatically increase the upper limits of your property and casualty protection… with NO out-of-pocket costs!
Kim and Todd also give an important tip on how you can use your smartphone to help protect your belongings! Kim discusses mortgages, life insurance, disability, and long-term care insurance as well. Finally, they discuss where and how to store your cash. When was the last time you looked over your insurance and finances? Has it been too long? Find out what steps to put on your financial checklist on today’s episode of the Prosperity Podcast.
If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!
[0:39] Choosing a Time to Review
[1:08] Automobile Deductibles
[5:09] Keeping Pictures of Your Valuables
[6:33] Personal Liability Umbrella
[10:41] Medical & Disability Insurance
[14:19] Long-Term Care Insurance
[15:47] Wills, Trusts, and Power of Attorney
[19:06] Types of Ownership
[20:46] Life Insurance
[22:56] Reviewing Your Own Money
[24:25] Mutual Funds, Stocks, and Bonds
[25:55] 401(k) and IRA’s
[28:37] Mortgages and Investment Real Estate
[31:20] Bridge Loans and Life Settlements
[32:30] Financial Planning Has Failed
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.