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Understanding Prosperity Economics Can Secure Your Future Now

Posted in: Featured, Taxes|Tags: , , , , , , , , |By: Randy Whittle|No Comments
With rising taxes, a volatile stock market and an uncertain economy, many of us are wondering how we can make more money. We are asking ourselves, “Is our current income enough to meet our daily needs?” Perhaps even more importantly, we want to know how we can secure our family’s financial future. And, if we’re really lucky, we can ask ourselves if we’d rather prosper than just “get by”. 

I can only speak for myself, but my guess is that most of us would like to ensure our family’s long-term financial success, not just for our generation, but for future generations – our kids, grandkids and beyond. For that to be possible, however, we have to understand the real cost of traditional financial thinking and to recognize the impact today’s decisions will have on tomorrow’s quality of life.

This is where Prosperity Economics comes in. It is a progressive approach to how we view money and make financial decisions. Prosperity Economics helps us to grow our wealth, eliminate unnecessary transfers of our money into the hands of others, and it reduces or eliminates risk. If that’s the kind of future you want, read further…I can show you how to make your money work for you instead of against you.

When you understand Prosperity Economics, it becomes simple really. Instead of allowing outside entities like the government and financial institutions to control your money and future, you are in charge. With the right tools and knowledge, you can take control of your financial future by choice instead of by chance, eliminating outside risk.

It starts with the four key Principles of Prosperity in which you can:

  1. Increase your money supply
  2. Create more or better benefits
  3. Reduce the risk of, and exposure to, taxes
  4. Accomplish all of this without spending any more money than you are already spending

It may sound too good to be true, but I’ve lived this way myself for well over a decade and I’ve shown hundreds of clients how to improve both their current and their long-term financial outlook while leaving a legacy for their families.

If you’re ready to learn how to do this – without obligation and without spending a penny more than you are spending now – please contact me at 877-914-1637 (toll free) or via email today. I’d love to show you how shifting your thinking and understanding Prosperity Economics can start improving your life now!

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5 Steps for Wealth Building

Posted in: Featured, Financial Planning, Retirement, Wealth Building|Tags: , , , |By: Randy Whittle|No Comments

Most people believe that they must do without now in order to be comfortable in their retirement. This is really not the case. If one follows five simple steps to wealth building, he/she will find that one can be quite comfortable today and in the future.

Step one is to explore the different financial opportunities that are available. This includes many different types of investments, including a 401k, stocks, bonds, real estate, and more. Life insurance is also an investment one should consider. Whole life policies build cash value over time.

Some of the investment opportunities one can find are geared toward saving for retirement. Yes, we should prepare for our future, but does it always make sense to just park our money and let it do nothing but sit for 10, 20, or even 30 years?  I call that lazy money! What about the opportunities along the way? Is there nothing that can be done with that money in the nearer future that beats just letting it sit there for decades? Is deferring your taxes to some point far in the future—when taxes are likely to be higher—really a good planning move?

The second step is to envision. This means to take a long look at your current financial position and envision where you would like to be in one year, three years, five years, ten years, etc. In this way, you can establish a baseline against which to compare the results of your efforts as well as establish measurable goals and check progress against these goals.

This step will need to be repeated from time to time as the overall financial picture changes. By establishing goals, you create an attainable target that allows you to focus your efforts on building wealth to that level.

Step three is to embark on the road to financial success. At this point, you should be working to establish specific financial strategies that make your money work harder so that you begin working toward the goals established in step two. For most people, the expertise of a Prosperity Economics Advisor prove to be quite useful at this stage of the wealth building process. These individuals are trained in formulating strategies that make every dollar work in multiple ways to accelerate itself and create multiple benefits.

The fourth step is to execute the strategies developed. This may mean shifting investments in the stock market, locating properties to buy and rent out or renovate and resell, purchasing a life insurance policy, changing the way one invests in a 401k, or any number of things. The key is to execute each step in a systematic and cohesive macro-economic manner that allows you to see the overall picture of how these can all work together for a greater result, rather than against each other.

A Prosperity Economics Advisor can be of assistance at this stage as well, helping the person to make the changes and shifts in financial strategies that were planned for in the previous step. He can also help keep a person on track when things get a bit confusing as the entire financial picture starts to shift in different ways.

Step five is to expand on the investment opportunities one takes advantage of. If a sound financial approach has been laid out and the various strategies implemented properly, the person’s financial picture will show improvement. As this occurs, the person will become more confident in his/her wealth building strategy and will begin to see new investment opportunities opening up that were not available in the beginning. Taking advantage of these new opportunities is the key to expanding on the plan and accelerating the growth of one’s portfolio.

Wealth building is not something that will happen overnight. It requires a systemic approach that involves five simple steps. These steps are to explore one’s investment options, envision his/her total financial picture and establish goals for both the short and long term, embark on the road to reaching those goals by creating a financial plan that includes strategies for building and accumulating wealth, execute the strategies created, and expand investments as new opportunities open up and you gain confidence in your plan and ability.

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