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Why You Shouldn’t Borrow Against Your Whole Life Insurance Policy - Episode 298

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Manage episode 229097379 series 2305557
Content provided by Kim D. H. Butler and Spencer Shaw. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kim D. H. Butler and Spencer Shaw or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We discuss why borrowing against your whole life insurance too often, too soon and too much might not be a good idea.

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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

Links and Resources from this Episode

Show Notes

  • Borrowing to invest - 0:55
  • How to use your emergency fund - 1:22
  • Being conscious of what we are borrowing for - 1:58
  • Eliminating your emergency fund - 2:33
  • Being patient to get better results - 4:50
  • Getting assets to continue growing - 7:30
  • Finding cash flow deals - 7:50
  • The emergency number is zero - 8:34
  • An emergency and opportunity fund - 9:40
  • What the emergency fund is for - 10:03
  • Adding opportunities to our way of thinking - 10:44
  • Prosperity thinking and prosperous mindset - 11:06
  • Get in touch with Kim and Spencer - 12:48

Special Listener Gift

Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!

Review and Subscribe

If you like what you hear please leave a review by clicking hereSubscribe on your favorite podcast player to get the latest episodes.

  continue reading

602 episodes

Artwork
iconShare
 
Manage episode 229097379 series 2305557
Content provided by Kim D. H. Butler and Spencer Shaw. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kim D. H. Butler and Spencer Shaw or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We discuss why borrowing against your whole life insurance too often, too soon and too much might not be a good idea.

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 Economics thinking and strategies today!Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

Links and Resources from this Episode

Show Notes

  • Borrowing to invest - 0:55
  • How to use your emergency fund - 1:22
  • Being conscious of what we are borrowing for - 1:58
  • Eliminating your emergency fund - 2:33
  • Being patient to get better results - 4:50
  • Getting assets to continue growing - 7:30
  • Finding cash flow deals - 7:50
  • The emergency number is zero - 8:34
  • An emergency and opportunity fund - 9:40
  • What the emergency fund is for - 10:03
  • Adding opportunities to our way of thinking - 10:44
  • Prosperity thinking and prosperous mindset - 11:06
  • Get in touch with Kim and Spencer - 12:48

Special Listener Gift

Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!

Review and Subscribe

If you like what you hear please leave a review by clicking hereSubscribe on your favorite podcast player to get the latest episodes.

  continue reading

602 episodes

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