The 6th Blind Spot: Save First! - Episode 112

13/09/2018 12 min Episodio 112
The 6th Blind Spot: Save First! - Episode 112

Listen "The 6th Blind Spot: Save First! - Episode 112"

Episode Synopsis

In this 6th episode of Kim's seven blind spots of personal finance, Kim talks about a lie: "we invest before we save". We shouldn't invest before we save first. Kim also talks about the importance of teaching the young people to save first. To learn more about the prosperity movement and help you and your clients build and keep wealth visit www.TheAdvisorAdvantage.com   To learn more about the Prosperity Economics Movement http://prosperityeconomicsadvisors.com/how-to-keep-your-mindset-positive-bonus-episode   Show Notes Kim talks about how we invest before we save - 2:27 She talks about savings accounts called: Cash value life insurance - 3:09 Kim explains to us the importance of saving - 3:49 She talks about the cash value life insurance - 3:59 It's savings that indicate liquidity and opportunity- 4:58 Kim's recommendation: Dollars should be spent on needs - 5:37 Kim talks about a cash flow calculator - 6:55 She tells us the importance of saving - 8:30 In the advisor section of the podcast we get to listen to John Householder at the 2018 Summit for Prosperity Economics Advisors - 9:07 He talks about his favorite speaker on stage -  9:40 He talks about one of his favorite conversations with an advisor - 10:51   Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with iTunes Click here to follow with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS

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