{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Bringing the 7 Principles of Prosperity to Life - Episode 003","description":"You\u2019ve heard what the&amp;nbsp;7 Principles of Prosperity\u2122&amp;nbsp;are, now how do you use them to maximize your money? In this episode of&amp;nbsp;The Prosperity Podcast, No B.S. Money Guy, Todd Strobel, and best-selling financial author, Kim D. H. Butler, examine a real life example through the lens of the 7 Principles. Using the 7 Principles of Prosperity as an \u201copportunity filter,\u201d Kim and Todd look at Bridge Loan investments in the form of first lien commercial and investment mortgages. (Read about bridge loan investments and hard money lending here.) Breaking it down, principle by principle, Todd and Kim explain how each of these 7 concepts work in the example of a first lien mortgage situation. They also explain how to evaluate any investment for its wealth-building potential according to the 7 Principles of Prosperity\u2122. 0:18 \u2013 Welcome with Todd Strobel 0:30 \u2013 Episode Preview 1:11 \u2013 Starting off with first lien mortgage loans 2:20 \u2013 Using the 7 Principles of Prosperity as an opportunity filter 2:35 \u2013 Applying Principle #1:&amp;nbsp;Thinking about investments 4:53 \u2013 Applying Principle #2:&amp;nbsp;Seeing from a big picture perspective 7:29 \u2013 Applying Principe #3:&amp;nbsp;Measure&amp;nbsp;opportunity costs 9:30 \u2013 Appling Principle #4: Cash&amp;nbsp;Flow10:49 \u2013 Applying Principle #5:&amp;nbsp;Controlling your investment 12:20 \u2013 Applying Principle #6:&amp;nbsp;Move&amp;nbsp;your dollars 13:10 \u2013 Applying Principle #7:&amp;nbsp;Multiply&amp;nbsp;your money 13:39 \u2013 Touching on life insurance 14:05 \u2013 Optimizing your dollars 15:18 \u2013 Recapping\/Clarifying 16:55 \u2013 Utilize our advice! 18:20 \u2013 Closing comments ","author_name":"The Prosperity Podcast","author_url":"https:\/\/prosperitythinkers.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/3485233\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/20802581"}