Episode 2 - The Principles of Prosperity (5-8)

Kim and Robby continue their discussion of the principles of the Prosperity Economics Movement, and the importance of having principles, and today they explain principles 5 to 8.

Highlights

• The fifth principle: control - 0:55
• A good thing to pay attention to - 2:42
• The sixth principle: liquidity - 3:08
• Having an opportunity fund - 4:02
• Why liquidity is so important - 5:50
• The economic rates principle - 6:03
• Averages and rates of return - 7:45
• The certainty principle - 9:36
• What’s having certainty in your financial life? - 10:06 Episode Resources
• https://prosperityeconomics.org/money-myth-6-average-ror-reflects-actual-ror/
• https://www.investopedia.com/
• https://fee.org/
• Mary Kimball Morgan quote: “I find that progress is essential mentally before there can be any externalization of real progress. If I excavate and lay the foundation for a bungalow, I cannot use that foundation for a skyscraper. I must think of a “skyscraper” and adjust my thoughts to its size and demands.” - “Education at The Principia” by Mary Kimball Morgan, p. 92
• Connect with Kim Butler and Robby Butler
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]