An in-depth look into the concept of cash flow is the topic of today’s episode as Kim and Spencer explain this somewhat elusive concept with easy to understand metaphors such as running a 5k, a 1/2 marathon and a marathon, and their cash flow equivalents of 5k bridge loans and 1/2 marathon bridge loans.
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 more about Prosperity Economics thinking and strategies today!
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Links and Resources from this Episode
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Show Notes
- A couple close to retirement – 0:43
- What is net worth? – 1:15
- What cash flow does for you – 1:54
- Understanding cash flow through a metaphor – 2:23
- Creating monthly cash flow – 3:18
- Creating cash flow requires practice – 3:45
- Discussing bridge-loans – 4:23
- Accredited investors that create cash flow – 8:31
- Addressing turnkeys – 9:09
- Learning about Real Estate – 9:59
- Turnkey Real Estate – 10:42
- Getting involved in the Oil and Gas field – 12:00
- Looking for the “marathon” cash flow – 13:35
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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.