195: Be Yourself | Prosperity Economics with Kim Butler
Be Yourself | Prosperity Economics with Kim Butler
If I had maxed out a loser 401(k) when I worked a “day job”, you never would have heard my name. I’d still be working. Learn how to build multiple income streams. The average millionaire has 7 income streams. Be frugal with your time, not your money. I discuss the mindset around building passive income to have time freedom in your life. If you don’t invest in real estate, then how else will you acquire wealth? Options explored. Be yourself. When you strictly trade your time for dollars, you aren’t being yourself. When you have more time, it makes you more of what you are. Kim Butler of Partners For Prosperity joins us. She’s an original Rich Dad Advisor. She & I discuss retirement, the importance of passive income, and more. “Financial planning” has an ugly connotation. Kim & I break it down. We discuss why people keep investing in losing 401(k)s, IRAs, and other “life deferral plans”.
Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book Listen to this week’s show and learn:
00:46 You are an investor.
02:19 Your life’s cash inflows & outflows.
09:16 Be yourself.
13:01 How you benefit when you’re “halfway there”.
18:08 Kim Butler interview begins. “Financial planning” has an ugly connotation.
25:57 Why do people still invest in 401(k)s and IRAs?
36:04 Why every human is an investor.
39:42 The 7 Principles Of Prosperity: Think-See-Measure-Flow-Control-Move-Multiply.
42:18 Whole Life Insurance.
45:36 Book recommendations.
50:44 If I had maxed out a 401(k), you never would have heard of me.