We discuss why borrowing against your whole life insurance too often, too soon and too much might not be a good idea.
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
- For resources and additional information of this episode go to https://prosperitythinkers.com/category/podcast
- Borrowing to invest – 0:55
- How to use your emergency fund – 1:22
- Being conscious of what we are borrowing for – 1:58
- Eliminating your emergency fund – 2:33
- Being patient to get better results – 4:50
- Getting assets to continue growing – 7:30
- Finding cash flow deals – 7:50
- The emergency number is zero – 8:34
- An emergency and opportunity fund – 9:40
- What the emergency fund is for – 10:03
- Adding opportunities to our way of thinking – 10:44
- Prosperity thinking and prosperous mindset – 11:06
- Get in touch with Kim and Spencer – 12:48
To learn nine of the best for how to use life insurance to get cash, read our recent article.
Special Listener Gift
- Free eBook: Financial Planning Has Failed
Kim Butler’s groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth… and what to do instead!
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