Why Life Insurance Is a Savings Account That Shows Up Like a Bill – Episode 248

If you view life insurance as a savings account that shows up like a bill it’s easy to see how it truly is the best savings plan imaginable. In this episode Kim and Spencer talk about the differences of paying for life insurance on a monthly basis or annually and also how long it takes for most people to being to understand the powerful results of life insurance.

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@prosperitythinkers.com and we may answer it in an upcoming episode.

Links and Resources from this Episode

Special Listener Gift

Show Notes

  • 1:39 – Why life insurance is a savings account that shows up like a bill
  • 2:43 – Most people pay all their other bills before they save money
  • 4:31 – Strategy for saving 50% of your pay raise
  • 6:36 – How long it takes for most people to understand the results of life insurance
  • 9:56 – Paying life insurance monthly vs yearly
  • 12:36 – Why it doesn’t matter how old you are to start with life insurance
  • 13:55 – Understanding CLUE
  • 15:00 – Life insurance is not the black box people think it is. It’s an asset.

Review and Subscribe

If you like what you hear please leave a review by clicking here

Subscribe on your favorite podcast player to get the latest episodes.

Leave a Comment

Your email address will not be published. Required fields are marked *

Share this post

Facebook
Twitter
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!

Get your free wealth-building action strategy. Take the quick finance quiz now. Get Access