This week Carol continues the discussion on personal finances and the application of the 7 core Principles that guide those practicing Prosperity Economics and what it looks like when you use them… We use the 7 Principles of Prosperity – 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. In This Episode
2:21 - Saving Money (save as a verb) 4:55 - College Education 9:03 - An entrepreneur we know was in the forestry business 7:55 - Producing almost 18% cash-on-cash return 10:14 - Circle of Wealth 12:34 - College Education 14:47 - Prosperity Economics solutions for financing a college education
Favorite Quotes "We say "save," not "invest," because insurance is not classified as an investment!." - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “Saving money is just the foundation... the first step to putting yourself in a position where you can put that money to work through "real" investments or other strategies.” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey) “ When people build up their savings and liquidity and have the ability to invest significant sums of money, new opportunities will suddenly start coming their way!” - https://www.linkedin.com/in/perpetualwealth/ (Carol Dewey)
Engage with Carol Dewey https://www.linkedin.com/in/perpetualwealth/ (LinkedIn) https://www.perpetualwealthfinancial.com/ (Perpetual Wealth Financial Website)
Subscribe and stay in touch
https://podcasts.apple.com/us/podcast/navigating-an-abundant-retirement-with-carol-dewey/id1623185868 (Apple ) https://open.spotify.com/show/0S8UMBrJE14BGEaRytbZMh (Spotify)