Thursday, December 11, 2014
Why the 7 Prosperity Principles Will Replace Financial Planning - New Prosperity Economics
Kim Butler, RIA developed the prosperity ladder that illustrates the concept of prosperity economics for consumers to understand the steps involved in moving towards financial freedom. But she begins with and also defines poverty as working people without assets, a redefining alternative to government's categorization of the working poor. Kim goes on to say that controlling your money is beyond simply owning the accounts your money is deposited in. Real control is having access to your money for opportunities.
The seven principles of prosperity deal with a new mindset, avoiding tunnel vision, measuring opportunity costs, creating cash flow, controlling your money, using the velocity of money and leveraging money multipliers.
Syndicated financial columnist and talk show host Steve Savant interviews controversial author and registered investment adviser Kim Butler over her contrary views of retirement. Her books include Busting the Financial Planning Lies, Busting the Retirement Lies, and Live Your Life Insurance. http://youtu.be/2j3ePDNvFHM
About Steve Savant
As the National Marketing Spokesperson for Ash Brokerage, Steve Savant looks forward to meeting financial professionals in every way possible - in person or by video through conferences and social media.
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