Most everyone says they want to live a longer, happier life. But it can seem like things get in the way.
The truth is it is not easy being a financial advisor. It can be especially difficult for those of us who believe in the many benefits of whole life insurance.
A recent Gallup poll asked participants to rate the honesty and ethical standards of people in different fields. Near the bottom with a whopping 38% low/very low rating is “Insurance Salespeople.”
That’s only 8% above car salespeople and 21% above members of congress.
You and I already know that there is an avalanche of misinformation out there perpetuated by quasi financial experts and entities with agendas. That’s a big part of what the Prosperity Economics Movement is all about. To eradicate the myths and bring financial truth to those who are ready.
Maintaining a positive and happy mindset helps us to not only endure and persevere but to excel in our mission to grow our practice and impact more people.
Is it easier said than done?
Giving might be more beneficial than first thought
A 2008 study by Harvard Business School professor Michael Norton and colleagues found that giving money to someone else lifted participants’ happiness more that spending it on themselves (despite participants’ prediction that spending on themselves would make them happier).
We all know that giving helps others, whether we are volunteering, offering emotional support to someone or we are donating to charities. But studies show that giving is also good for the giver- boosting physical and mental health.
Recent studies conducted at the Cleveland Clinic found these benefits associated with giving:
- Lower blood pressure
- Increased self-esteem
- Less depression
- Lower stress levels
- Longer life
- Greater happiness
According to another study at the University of California, Berkeley, people who were 55 and older who volunteered for two or more organizations were 44 percent less likely to die over a five-year period than those who didn’t volunteer — even accounting for many other factors including age, exercise, general health and negative habits like smoking.
One of the most effortless ways to give more
A few years ago, Amazon began a new initiative called AmazonSmile.
AmazonSmile is the same Amazon you know- the same products, the same pricing and the same service.
You use the same account on Amazon.com and AmazonSmile. Your shopping cart, Wish List, wedding or baby registry, and other account settings are all the same.
Here’s the great part- Amazon will automatically donate 0.5 percent of all eligible purchases to a U.S. charity of your choosing. And to top it all off, there’s no upper limit to the amount Amazon will give away.
In one awesome example, AmazonSmile has raised more than $2 million for St. Jude Children’s Research Hospital.
Getting started is super easy
Step 1: Go to smile.amazon.com
Step 2: Choose one of Amazon’s spotlighted charities
Step 3: Or, pick your own charitable organization from the search box
Step 4: SHOP!
It’s essentially the exact same shopping experience, complete with Prime shipping if you already have it. Tens of millions of products on AmazonSmile are eligible for donations. You will see eligible products marked “Eligible for AmazonSmile donation” on their product detail pages. Recurring Subscribe-and-Save purchases and subscription renewals are not currently eligible.
One of the nonprofits we give to
Most aren’t aware of the fact that The Prosperity Economics Movement is a 501(c)(3) nonprofit organization.
Todd and I felt a bit uneasy making it public but we’ve decided that it’s important for you to know that we personally donate to The Prosperity Economics Movement. The vision we have for this community and our movement in spreading the message that “typical” financial planning has failed is huge.
We are 100% committed to transforming our industry.
PEM’s flagship event, The Summit for Prosperity Economics Advisors, relied on both ticket sales and donations in order to become a reality the first few years.
We are thrilled to share that this year we will be able to fulfill one of the missions of the Prosperity Economics Movement in providing some scholarships to the Summit for new advisors who can’t yet afford to attend.
This has the potential to transform their ability to grow their businesses and help more people.
You can find more information about attending the next Summit for Prosperity Economics Advisors here. If you would like to learn more about the benefits of sponsoring the Summit event, you can get those details here.
And if you think AmazonSmile sounds like an easy, fun way to give consider choosing Prosperity Economics Advisors as your charitable organization to support (you can find us by using the “search” feature). We will be very grateful!
~ Kim D. H. Butler