In the 4th episode of the seven blind spots, Kim talks about how interest rates work, also how banks make money. She uses this to help advisors educate their clients about how important it is to convert interest rates into dollars. She also recommends a particular financial calculator and a book that helps clients understand the distinction between interest rates and money.
To learn more about the prosperity movement and help you and your clients build and keep wealth visit www.TheAdvisorAdvantage.com
To learn more about the Prosperity Economics Movement
- The 4th Blind Spot: How Interest Rates work – 2:11
- Kim explains to us that we don’t convert the interest rates to dollars and consequently, we don’t understand how they work – 2:42
- Kim shares with us an example to understand this 4th blind spot – 3:10
- She recommends to us to use a financial calculator – 3:40
- Kim explains to us how to use a financial calculator for interest rates – 5:45
- On the advisor section of the podcast we get to listen to Ken Greene at the 2018 Summit for Prosperity Economics Advisors – 6:40
Review, Subscribe and Share
If you like what you hear please leave a review by clicking here
Make sure you’re subscribed to the podcast so you get the latest episodes.
- Click here to subscribe with iTunes
- Click here to follow with Spotify
- Click here to subscribe with Stitcher
- Click here to subscribe with RSS