(And why would you want to use it?)
There seems to be no shortage of financial advice, but that has not led to economic success for most. Too many Americans are having trouble saving for their own needs and wants while struggling to pay down debt and keep up with the rising costs of healthcare and college educations.
Many are saving in their 401ks and other qualified retirement plans, crossing their fingers it will be “enough.” Meanwhile, even those considered relatively wealthy are often unsure of how to grow their assets while protecting them from market instabilities, and taxes.
Prosperity Economics offers a way out of the mess. It doesn’t aim to help people succeed better at flawed strategies; rather, it offers a total paradigm shift about wealth-building. Prosperity Economics questions the financial assumptions we’ve come to accept as true and provides an alternative to “typical” financial planning.
Prosperity Economics – What is it?
While sometimes hailed as the latest greatest thing, Prosperity Economics hasn’t been so much discovered as rediscovered. Prosperity Economics employs common-sense principles and strategies that preceded the rise of 401ks and the financial planning industry. It shows us how to optimize wealth by keeping it in our control rather than delegating our financial futures to Wall Street, big corporations, and the government.
Prosperity Economics can use traditional wealth-building tools such as owning a business, investing in real estate, and saving, borrowing and transferring wealth with dividend-paying whole life insurance. It's NOT gambling on Wall Street, or putting your nest egg into retirement programs where the government gets to tax them later.
Prosperity Economics represents different values and principles than typical financial planning. The chart below gives an overview of Prosperity Economics as contrasted with typical financial planning:
Prosperity Economics also represents different strategies than typical financial planning. Ask yourself these questions, should you…
We practice Prosperity Economics because we don't believe that "typical" financial planning works very well! Commonly-accepted financial advice often does not tell the "whole truth" about your money, and it doesn't do a very good job of protecting your money, either.
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” of prosperity. We invite you to explore this website and contact us (firstname.lastname@example.org) to explore how Prosperity Economics can help you!
©Prosperity Economics Movement
Mary Owen has been helping others with their insurance and financial needs for over 16 years. Her years of experience and hours of research have resulted in expert resources as well as incredible words of wisdom. Mary shares with her readers a passion for making money work for the individual so that they don't have to work so hard for the money. Her blog also pulls on the words of wisdom from some amazing and highly talented individuals, such as Kim and Todd Butler. We hope you enjoy and find pearls of wisdom for your every day life.