Demystifying the Term Millionaire – Episode 333

Years ago, the term millionaire really meant something. On today’s episode, Kim and Spencer talk about a well-known millionaire and why being a millionaire really is just the beginning. Enjoy this episode!

Best-selling author
Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn about Prosperity Economics thinking and strategies today!

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Links and Resources from this Episode

Show Notes

  • Kim has been helping people for over 30 years – 0:37
  • A million dollars doesn’t mean the same as 30 years ago – 0:55
  • Reading an article about saving one income – 1:41
  • Realizing the definition of millionaire – 2:24
  • Always focus on cash flow! – 3:17
  • Two sides of the coin: net worth and cash flow – 5:10
  • Common vehicles for millionaires that can build net worth – 8:52
  • The importance of bridge loans – 10:38
  • Practice to create income – 11:40
  • Demystifying the term millionaire – 13:50
  • Creating perpetual wealth for your family – 14:28

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