Giving and Discretionary Spending – Episode 487

Giving back is an important part of living a prosperous life, and there are many ways to do it. One way is to save up for an emergency fund or an opportunity fund. This money can be used to help others in need or to invest in something that will improve someone’s life.

In today’s episode, Spencer Shaw and Kim Butler discuss the importance of taking vacations and spending time doing things that you enjoy, rather than working all the time. They talk about how retirement is a social construct that doesn’t really benefit anyone, and how you should save and spend your money based on your own values rather than what others around you are doing. Kim also shares the principle of giving first and explains how this can help people get unstuck and achieve their goals. She mentions how giving is an ongoing process, and how it takes daily work to maintain a give-first mentality.

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 Thinkers thinking and strategies today!

Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode.

Links and Resources from this Episode

Show Notes

  • If you are helping others live a prosperous life or deal with emergency and opportunity funds, where should the other money go?
  • Ways you should save and spend your money
  • Why Kim decided to donate to Kiva
  • The power of giving forward

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