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Understanding the Truth About Our Economic System
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In the last couple of episodes, Carol covered the 7 Principles of Prosperity as the organizing principles of Prosperity Economics that guide our products, strategies, and decisions. She also mentioned that they can also act as an “opportunity filter” to help us find new ways of thinking and greater money mastery. Also, she discussed a couple of examples of what it looks like when you apply these principles and today, Carol shares a couple more examples and wraps up our Prosperity Economics series.
In This Episode
1:12 - Creating Income
4:49 - Reverse mortgage
5:49- Single Premium Immediate Annuities
7:17 - What is an Immediate Annuity?
9:57 - Real Estate
Favorite Quotes
"Typical financial strategies for income may not even keep up with inflation!." - Carol Dewey
“With typical strategies, people should be afraid of running out of money. With Prosperity Economics, you have greater flexibility and control..” - Carol Dewey
“ While it is nearly impossible to pinpoint exactly how long you will live, it is entirely possible to make sure that you are provided with (at least) a minimum income for the rest of your life.” - Carol Dewey
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