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7 Principles of Prosperity Acting as an Opportunity Filter
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This week Carol continues the discussion on personal finances and the application of the 7 core Principles that guide those practicing Prosperity Economics and what it looks like when you use them…
We use the 7 Principles of Prosperity – along with a lot of testing on calculators and real-world case studies - to guide our financial decisions. Practicing Prosperity Economics means acting in accordance with these 7 Principles.
In This Episode
2:21 - Saving Money (save as a verb)
4:55 - College Education
9:03 - An entrepreneur we know was in the forestry business
7:55 - Producing almost 18% cash-on-cash return
10:14 - Circle of Wealth
12:34 - College Education
14:47 - Prosperity Economics solutions for financing a college education
Favorite Quotes
"We say "save," not "invest," because insurance is not classified as an investment!." - Carol Dewey
“Saving money is just the foundation... the first step to putting yourself in a position where you can put that money to work through "real" investments or other strategies.” - Carol Dewey
“ When people build up their savings and liquidity and have the ability to invest significant sums of money, new opportunities will suddenly start coming their way!” - Carol Dewey
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