What is Prosperity Economics?
The ideas and practices of Prosperity Economics are not new – the wealthy have been practicing them for generations.
It doesn’t aim to help people succeed better at flawed strategies; rather, it offers a total paradigm shift about wealth-building. It questions the financial assumptions we’ve come to accept as true and provides an alternative to “typical” financial planning advice.
You need to ask yourself these questions, should you…
- Hand over all of your savings to companies who will charge “management fees,” whether or not your funds are gaining or losing?
- Analyze your “risk tolerance” (i.e., how comfortable you are with losing money) while subjecting your assets to losses?
- Max out your 401k and cross your fingers that you’ll someday have “enough” to live on, without running out?
- Take tax deductions now by putting money in a qualified retirement plan, only to pay more taxes later?
- Tie up all of your dollars in accumulation vehicles that penalize you for using your assets and prevent you from borrowing against your them?
We think there’s a better way.
Typical financial planning is “better than nothing” and will get you partway up the hill, but we want to show you how to reach the “mountaintops”.
Using the 7 principles of Prosperity™, you can build wealth faster and more safely, while being able to USE your money when wanted or needed. “Prosperity Economics” lets you put control back in your corner, while allowing you to make your money work harder.
In this video, Prosperity Economics Advisor Kim Butler reveals each of the seven principles and contrasts them to “typical” financial planning and advice.
We use these principles – 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:
- THINK – We need to be thinking from a prosperous mindset. What do you do when you’re not feeling prosperous? Which type of decisions are made?
- SEE- See the big picture of your personal economy. “It’s all one wallet!”
- MEASURE – Consider the “opportunity costs” of your financial decisions and reduce them.
- FLOW – Focus on your cash flow, not net worth. (And don’t wait until retirement!)
- CONTROL – YOU should have control over your money, “not the government, the advisor, or the financial institution.”
- MOVE – Move your money THROUGH assets, not just TO assets. “Money that is not in motion is stagnant.”
- MULTIPLY – Get one dollar to do lots of jobs. “Dollars should be moving so they can be multiplied.”
The 7 Principles of Prosperity can help guide decisions that investors and consumers make to help them build wealth safely and sustainably.
For more about implementing the 7 Principles in your personal economy, contact us. We’d love to help you devise a new more powerful financial strategy that leaves YOU in control of YOUR money.
©Prosperity Economics Movement