Radical Personal Finance
1,310 episodes - English - Latest episode: 27 days ago - ★★★★ - 1.8K ratingsJoshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.
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Episodes
157-Raising Six Kids On The Road: A Long-Term Travel Lifestyle Interview With Greg Denning From Discover, Share, Inspire
February 25, 2015 04:00 - 1 hour - 55 MBI'm fascinated by long-term travel stories. After all, some people have to wait until they're retired to travel but some people are able to do it long before? How? Why? What can we learn from them? My guest today is fascinating. Greg Denning and his wife, Rachel, are living a long-term travel lifestyle. Currently, they're driving from Alaska to Argentina via Europe. Impressively, they're doing it together with their six kids! Why are they doing it? How are they paying for it? Tune in to ...
156-Applying Compound Interest To Your Goals: Lessons Learned From the Magic Doubling Penny
February 24, 2015 04:00 - 58 minutes - 46.9 MBMost of us have heard the example of the magic penny that doubles every day in value for a month. But, have you sat down and looked at that example to really understand what lessons you can apply to your own life? Today, I share with you 5 lessons I've learned from that example: 1. Rate of return matters 2. Time matters 3. In the beginning, it's easy to spend. That's what most people do. 4. In the beginning, the amount you save matters more than the interest rate. 5. In the end, the in...
155-Bringing Financial Planning to Gen Y: Interview with Sophia Bera, Founder of Gen Y Planning
February 20, 2015 00:09 - 1 hour - 60.4 MBhttps://www.patreon.com/radicalpersonalfinance I don't think it's unfair to say that the financial planning industry is known for being a bit stuffy at times. If you ask an average person what they think of when they think of a financial planner, it's more likely to be an old, white guy in a suit and tie sitting in a mahogany-lined conference room than a young, vibrant lady with a theater and women's studies double-major. But, perhaps that's changing! My guest today is Sophia Bera, CFP® a...
154-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 2: Savings Plans
February 19, 2015 01:38 - 39 minutes - 31.9 MBhttp://Patreon.com/RadicalPersonalFinance We continue our Masterclass on 529 plans today. If you haven't heard part 1, Go back and listen to episode 138 first. http://radicalpersonalfinance.com/138-masterclass-on-529-plans-a-k-a-qualified-tuition-programs-part-1/ You'll need it for context on today's show. Today we dig into more of the how-to regarding savings plans. I also spend a good bit of time explaining the state income tax benefits for you. Depending on your situation, these may or ...
153-The Massive Impact of Conferences on Personal Career and Income: Interview With Michael Kitces
February 17, 2015 16:19 - 1 hour - 63.7 MBhttp://radicalpersonalfinance.com/patron I had the opportunity to sit down with Michael Kitces while I was in Dallas last week for the Technology Tools for Today conference for financial advisors. Michael is, in many ways, a conference king. He speaks at 60 to 70 conferences per year. He also writes the most influential blog focused on financial advisors. What fascinates me is the development of his career. Michael's career developed from very humble origins. He found an area of interest ...
152-Measuring Your Biggest Asset: The Lifetime Value Of Your Income
February 16, 2015 22:44 - 1 hour - 44.4 MBhttp://radicalpersonalfinance.com/patron You've probably heard that your income is your biggest and most important tool in your wealth-building toolbox. It is. But it's hard to see and feel that when you simply sit down and look at your net worth statement. Today, I want to share with you a technique that has been useful for me. It's primarily a framing technique: it allows you to actually see the value of your income as compared to your current financial condition. It's been incredibly...
151-Travel Announcement - Flying to Dallas Tomorrow - RPF Meetup?
February 12, 2015 01:50 - 6 minutes - 4.45 MBHey amigos, I've decided last minute to fly out to Dallas, TX tomorrow morning to attend the "Technology Tools for Today" conference for financial advisors. There may not be a show for the next couple of days. I will do my best to release some shows while I'm there but no promises! If you're interested in what's happening at the conference, please feel free to connect with me on Twitter https://twitter.com/JoshuaSheats or Facebook https://www.facebook.com/joshuasheats. If any of you lis...
150-Building a Career for Yourself By Wearing a Nametag Every Day: Interview With Scott "The Nametag Guy" Ginsberg
February 10, 2015 21:55 - 1 hour - 51.1 MBToday's show is a fabulous interview about career creation. My guest is Scott Ginsberg. Scott is most well-known for his love of name tags. He's worn a name tag every hour of every day for 5,241 consecutive days! This decision was, in many ways, the foundation of his empire. It formed the story for his first book. Since then, he's written a total of 27 books on a variety of topics. I'm utterly fascinated by Scott's career. You'll hear that in the interview today. We discuss: Scott's utte...
149-A Brand-New RPF Crowdfunding Campaign! And A Brand-New App For The Show
February 10, 2015 02:30 - 56 minutes - 39.1 MBhttp://RadicalPersonalFinance.com/patreon Today, we launch our brand-new crowdfunding campaign! I've closed the old Irregulars membership program and am replacing it with this new campaign. Tune in to the show to hear: What worked well in the Irregulars version 1.0. What didn't work at all. Why I've felt guilty every time I've recorded a show for the last few months. Why I'm launching the new crowdfunding campaign. Also, we're launching our brand new app! Go get it from the app store ...
148-Save Money By Establishing a Non-Profit Corporation For Your Business Instead of a For-Profit Corporation: Inerview with James O'Neil from Training For Safety
February 06, 2015 02:26 - 1 hour - 45.1 MBHave you ever thought about the money you could save if you didn't have to pay taxes on the profits of your business? Might be nice, eh? Well, have you ever considered establishing a not-for-profit corporation instead of a for-profit company? Perhaps it might have some advantages for you! My guest is James O'Neil. James is a former police officer and now is involved in a company called Training For Safety. Having run both types of companies, James is a great guest to introduce the topic....
147-Overcoming Investment Anxiety: Interview With Dr. Alice Boyes, Former Clinical Psychologist and Long-Term Traveler!
February 05, 2015 04:00 - 1 hour - 46.8 MBMy guest for today's show is Dr. Alice Boyes, former clinical psychologist from New Zealand. She is an expert on overcoming anxiety (her new book "The Anxiety Toolkit: Strategies for Fine-Tuning Your Mind and Moving Past Your Stuck Points" comes out next month). She also happens to be quite tuned in to the financial independence and early retirement lifestyle! She's here today to give us some practical ideas and tools for how we can overcome anxiety about investing. The conversation include...
146-Intro to Business Bookkeeping Systems: Interview with Ryan Marquez CPA, MSAT
February 04, 2015 03:05 - 1 hour - 76.3 MBGood data is incredibly important to making good financial decisions. If you don't know where you are or where you've been, it's hard to know if you're on track and making measurable progress towards your goals. Today I've invited Ryan Marquez CPA, MSAT on the show to give an introductory overview. Ryan is an instructor in the Masters of Taxation program at Boise State University. He also runs a bookkeeping and tax business. Enjoy this introduction to business bookkeeping systems! Joshua ...
145-Brilliant Market Timing or Pure Serendipity? Interview With Nick O'Kelly, Co-Author of Live On The Margin
February 03, 2015 02:58 - 1 hour - 70.9 MBMy guest today is Nick O'Kelly. Nick is the co-author of Live On The Margin, a book about taking a different approach to regaining control of your time. (We previously interviewed Pat Schulte, his co-author, in Episode 50: "From an $8/hr Job After College to Financial Independence at Age 30 to 10+ Years of Global Travel With Family! Interview With Pat Schulte From Bumfuzzle.com") Nick is a meteorologist, a pilot, a captain, and an adventurer. He's also a writer, producer, and voiceover arti...
144-Friday Q&A: Can I Retire With $1.4M, What Do I Do With Too Much Cash, and Should I do a Roth 401(k) or Traditional 401(k)?
January 31, 2015 01:26 - 1 hour - 41.6 MBToday, I bring to you three very fun but straightforward questions. Here they are: Question #1: @01:56 Dear Joshua, My wife and I are well read in the areas of index fund investing, frugal living, early retirement, and financial independence (including your podcasts). We have been on the path to early retirement for many years and we think we are there. We both have high stress jobs and want to quit to raise a child and do whatever interests us whether it brings additional income or no...
143-Intro to Self-Directed IRAs: How to Invest In Real Estate, Tax Liens, Physical Gold and Silver, Structured Settlements, Horses, Livestock, Farmland, Timberland, and More In Your IRA
January 30, 2015 03:38 - 1 hour - 79.3 MBI've been looking for an expert on self-directed IRAs to bring on the show and I was thrilled to meet Kirk Chisholm at FinCon last year. Kirk is an expert in both the self-directed IRA niche and the alternative investments world. His firm, Innovative Advisory Group, helps serve clients in this space with advice. Self-directed IRAs can be a powerful tool in your arsenal. Just think of the magic of Mitt Romney's $100,000,000 IRA! When you combine an IRA with alternative investments, you mig...
142-One Possible Business Model For an Ethical Financial Planning Practice Serving Middle-Income Families
January 29, 2015 03:13 - 1 hour - 59 MBI designed a potential financial planning practice structure a year or so ago. It has been my backup plan if Radical Personal Finance were unable to be financially productive. (It's probably still a backup of a backup.) In light of the Episode 139: "My Advice for People Interested In Getting Into Financial Planning," I decided to follow up with some specific ideas for a practice I considered creating. Here are my ideas. The show includes a discussion of: The problem of providing plannin...
141-Establishing a Success Mindset In Preparation for Urban Farming: Interview with Curtis Stone
January 27, 2015 14:19 - 1 hour - 63.7 MBThe most popular episode--by a long shot--of the Radical Personal Finance podcast is Episode 40: "Making $80k on 1/3 Acre With an Urban Farm Without Owning Land? Yes, Please! Interview With Curtis Stone." Today, Curtis is back for another appearance. We set out to record a show with a basic overview of how to get into urban farming with some practical steps lined out. The first step is to get your mindset right. Although our interview got stuck on step one, it wound up being a fascinating...
140-Friday Q&A: Planning Steps When A Spouse Is Planning to Stay Home, Borrowing On A Paid-For House For Real Estate Investment, Pension Plans in an Asset Allocation Plan, and How To Plan Your Life Together After Divorce
January 27, 2015 03:05 - 1 hour - 68.9 MBOn Fridays, I answer your questions! And, even though this is going out on Monday, I still answer your questions! :) Today, I handle these four questions: What practical steps can a couple take when planning for one spouse to stay at home? Is it wise to borrow money on a paid-off house to fund a real estate investment? How should I factor a defined-benefit pension plan into my asset allocation plan? How should I set my personal financial goals and pull my life back together after a divo...
139-My Advice for People Interested In Getting Into Financial Planning
January 22, 2015 23:00 - 1 hour - 56.6 MBAt this point, I'm honored to get about an email a week from someone asking about how to get into the financial planning business. Sometimes, I get multiple emails in a day! Here are four examples that I mention on the show today: Hi Joshua, I consider personal finance and financial planning a hobby and I dole out my amateur advice to friends, colleagues and family. A little bit of background -- I'm 25 years old and currently working as an auditor in big 4 in my third year and I've just be...
138-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 1
January 21, 2015 20:02 - 1 hour - 62.3 MBWe're continuing our college series with an in-depth discussion of 529 plans. 529 plans are incredibly popular in all their permutations. (Many people who are currently participating in a 529 plan don't actually realize it because they refer to it as a pre-paid tuition program.) They're also under attack. President Obama's most recent budget proposal targeted them for change. (It also targeted Coverdell ESAs.) Personally, I think 529 plans are often misused and mis-applied. The majority o...
137-Ideas To Make More Money on the Side: Interview with Nick Loper from Side Hustle Nation
January 19, 2015 22:54 - 52 minutes - 36.6 MBAs we rattle around and around the iron triangle of wealth (income, expenses, and intelligent use of the difference), we come today to the topic of income. Specifically, how can you create some extra income? The world is changing and there are more opportunities to earn some money from a side project than ever before. No longer are you limited to throwing papers early in the morning or delivering pizzas in the evening; now, you can work in all kinds of interesting ways with people from all ...
136-Get Ready for Global Recession and $20/Gallon Gas in 2015!
January 16, 2015 22:14 - 54 minutes - 38 MBWe need to get into some economics today and I'm going to do some prognosticating. This is a very rare event on the show, so here goes! Prediction: there will be a global recession in the future. And gas will go up to $20/gallon. Now that we have that out of the way, let's talk about what we can do to get ready for it! After all, that's the only thing that likely matters to you or me. One of the keys to being financially successfully over the long term is to avoid the big mistakes. One bi...
135-Be Confident in Your Unique Offering and Then Stick To Your Knitting
January 15, 2015 21:39 - 51 minutes - 35.7 MBToday's show is a bit of a pep talk--for you but also for me! We are taught by society to compare ourselves with other people. Even though we're all supposed to be "unique and different, we're really not. After all, we're measured on our weight as a baby (compared to all other babies), our grades as a student (compared with our class ranking), and the amount of money we make and have (thus defining us as successful)! Well, let's challenge that a bit. Sometimes we need a reminder to forget...
134-Q&A: Incorporating in California vs. Wyoming (or Nevada or Delaware) and How to Decide Asset Allocation for an Investor in Sri Lanka
January 14, 2015 18:58 - 1 hour - 50.2 MBQ&A continues with two very interesting questions today: 2:30 "Should I incorporate my business in California or in Wyoming? Also, for my son, should I establish a corporation for my 16-year-old son?" 33:26 "I live in Sri Lanka and have some money saved. How should I decide my asset allocation strategy?" Enjoy the show! Joshua
133-Q&A: Paying off Your Primary Mortgage With a HELOC (Mortgage Acceleration) and How Save is My Deferred Comp Program?
January 13, 2015 22:02 - 1 hour - 53.4 MBWe're continuing our Q&A series this week and today I handle these two questions: 00:01 Melissa heard about an idea of using a HELOC to pay off your primary mortgage as a method of paying off the loan faster and saving interest costs. This was referenced in the book "Master Your Debt" and the website TruthInEquity.com. 38:13 Robert asks about the safety of the deferred comp plan that he and his wife participate in at her Fortune 500 Public Utitlity company. Enjoy the show! Joshua
133-Q&A: Paying off Your Primary Mortgage With a HELOC (Mortgage Acceleration) and How Safe is My Deferred Comp Program?
January 13, 2015 22:02 - 1 hour - 53.4 MBWe're continuing our Q&A series this week and today I handle these two questions: 00:01 Melissa heard about an idea of using a HELOC to pay off your primary mortgage as a method of paying off the loan faster and saving interest costs. This was referenced in the book "Master Your Debt" and the website TruthInEquity.com. 38:13 Robert asks about the safety of the deferred comp plan that he and his wife participate in at her Fortune 500 Public Utitlity company. Enjoy the show! Joshua
132-Q&A: Thinking Through Buying Life Insurance on Your Kids' Lives and Clarification on 72(t) Substantially Equal Periodic Payments for Retirees
January 13, 2015 03:07 - 56 minutes - 38.9 MBWhen I started recording the show, I planned to answer six questions. But, after finishing the first question and realizing how in-depth the show would be if I covered all six in one show, I decided to break it out into multiple shows. Today, I cover these two questions: 8:41-I'm thinking about buying life insurance on my two kids' lives. What do I need to know? 47:53-Will it work for me to use the 72(t) rules to retire at 50 and then change the payment terms at 59.5? Notes-Life insuranc...
131-Filter Your Financial Advice Through the Lens of Scale
January 08, 2015 04:30 - 47 minutes - 32.7 MBI read a lot of financial advice from many different perspectices. I also frequently am asked about financial advice. "Is this a good idea?" "What do you think about this investment idea?" Over the years, I have noticed that I have developed a filter that many people don't have: I view all financial advice through a filtering lens of scale. When I hear advice, I don't immediately accept is a blanket statement; rather, I think, "what type of household profile would this be appropriate for?"...
130-My Personal Development Plan for 2015
January 06, 2015 18:14 - 1 hour - 54.2 MBI like the change of the calendar year. It's a convenient time to sit down and take an inventory of where things are and assess the plans for where things are going. 2014 was an awesome year. It was certainly one of the more challenging times of my life and was filled with change of all types. But it was awesome. 2015 will be transformative. This year, I'll be heavily focused on stepping up my game and making everything I do to be world class. I have plenty of goals. But for me, the end r...
Teaching Canadians to be Financially Independent By Age 45: Interview with Timothy Stobbs, Author of Canadian Dream-Free at 45! RPF0129
January 02, 2015 14:14 - 1 hour - 43.4 MBAs we begin a new year, I think it's fitting to start with a discussion of financial independence! My desire for all of you is that you may experience financial independence as you define it and that you may establish a workable plan this year toward its achievement. Tim Stobbs is right in the middle of his financial independence plan. After stumbling across the idea of early retirement/financial independence, he was awakened to the possibility that an ordinary person could achieve it. H...
The Financial Advisor Who Can't Retire: Interview with Paul Merriman RPF0128
December 30, 2014 12:51 - 56 minutes - 38.9 MBMy guest today is Paul Merriman. I was introduced to Paul by a couple of listeners who requested I bring him on the show. I'm glad they did! Paul is an experienced financial advisor. But, he did that as a retirement hobby rather than as a wealth-building strategy. To build his wealth, Paul took over, built, and then sold a manufacturing company. After retiring in 1982, he proceeded to build Merriman, a Seattle-based investment advisory firm. He grew the firm from nothing to $1.6B of asse...
Money Advice For Teens: Interview with Eva From Teens Got Cents RPF0127
December 29, 2014 11:59 - 43 minutes - 29.9 MBToday, I bring you an interview with a dynamo: Eva from TeensGotCents.com. I met Eva in New Orleans at the FinCon conference. She was attending with her mother and I was incredibly impressed with her. Eva writes about about personal finance for a teen audience. She began at the age of 15 and she shares her own journey and also gives advice for other young people. In the interview, we weave two themes: Eva's advice for teens Eva's own experience/example as a financial blogger Both of th...
Investing in Sustainability and Weathering the Financial Storms of Life: Interview with Jeff from The Sustainable Life Blog RPF0126
December 26, 2014 12:59 - 49 minutes - 34.5 MBPersonal finance touches every aspect of life by definition. Every aspect of our life involves finance in some way. As we make the decisions of life, we're constantly faced with cost and opportunity cost: Is it wise of me to allocate this $100 to a memorable evening's entertainment with my family or to set it aside toward a larger vacation fund? Should I use some extra money to upgrade the look and style of my wardrobe or purchase some extra books or classes to advance my knowledge? Am I...
Establishing Rites of Passage to Ease the Transition to Adulthood: Interview with Dr. Vern Poythress RPF0125
December 23, 2014 12:31 - 51 minutes - 35.7 MBMy guest today is Dr. Vern Poythress. Dr. Poythress is a mathematician and a theologian. Most important for this discussion, he and his wife, Diane, are parents to two children, both boys. Dr. Poythress authored an article entitled "How I Helped My Boys to Become Christian Men," in which he outlined his family's approach to establishing a formal rite of passage for his sons to become men at 12 or 13 years old. His formal test and qualifications for them included religious training, knowled...
Designing Human Habitats for an Abundant Lifestyle: Interview With Ben Falk, Permaculture Designer and Founder of Whole Systems Design RPF0124
December 22, 2014 11:54 - 1 hour - 48.8 MBMy guest today is Ben Falk. Ben is a really incredible permaculture designer with a comprehensive focus. Ben runs a planning firm called Whole Systems Design. Through this firm, he "identifies, designs, and develops human habitats - landscape and infrastructure systems - that yield perennial abundance and enduring value. These are adaptive, resilient and secure places in a future of peak oil, climate instability, and deepening economic insolvency." They also "plan, develop, and manage land...
Friday Q and A: Resources for the Executor of an Estate, Specialization vs. Generalization, Advice for Transitioning to a Single-Income Family RPF0123
December 20, 2014 19:55 - 1 hour - 51 MBOn Fridays, I answer your questions! I decided I didn't want to handle any of the in-depth, math-related questions today so I chose these three questions to handle. 1:41 - What can I do to prepare for being the executor of someone's estate? 16:49 - How can I reconcile the idea of being a specialist in my field with the advantages of being a generalist? 48:09 - What can I do to ensure a smoothe transition to a single-income household? I hope you enjoy the show! Joshua Links: NOLO: The ...
Geo-Arbitrage and Expatriation for a Better Life: Interview with James Wesley, Rawles of Survival Blog RPF0122
December 18, 2014 20:57 - 54 minutes - 37.4 MBToday, we welcome Jim Rawles, Founder and Editor of SurvivalBlog.com back on the show to discuss improving your lifestyle and personal resilience by moving. We talk about optimizing your lifestyle within the United States by carefully selecting your location as well as the pros and cons of international expatriation. Topics include: Ideas for playing the "State Line Jumping Game" (living in a no-income-tax state and shopping next door in no-sales-tax state). Brief mention of the "Five Fl...
Last-Minute Tax Planning Ideas To Save You Money RPF0121
December 17, 2014 22:33 - 1 hour - 54.3 MBToday on the show, I've got some last-minute tax planning ideas for you. These are all ideas and tactics that you can use in the last two weeks of 2014 to lower your income tax bill. I hope you don't defer your tax planning to the end of December. The end of the year is far too late to start talking about the really good stuff. Good tax planning should begin before January 1. But, these types of ideas can still be useful for you. It's possible that you've simply been too busy to do effecti...
Getting a Designer Education on the Cheap: Interview with Scott Young, Inventor of the MIT Challenge RPF0120
December 17, 2014 01:44 - 1 hour - 48.5 MBIs education something that we buy or something that we work for? Ever thought about that? My guest today is Scott Young. I first heard of Scott when I watched his TEDx talk on "How to Get an MIT education for $2,000." This interview is filled with tidbits that will be useful to you whether you're designing your own education or whether you're helping someone else with their educational plan. Enjoy! Joshua Links: ScottHYoung.com
Building Wealth One House at a Time: Interview with John Schaub RPF0119
December 16, 2014 03:10 - 1 hour - 47.5 MBI love real estate investing. I think it's one of the most accessible, realistic ways for people to grow their long-term wealth at an excellent rate of return. Today, I'm thrilled to bring you an interview with John Schaub. John is widely renowned as one of the good guys. John has been investing in real estate for decades. He's also been teaching the subject for decades. He has a wealth of ideas and knowledge to share with us today. Enjoy! Joshua Links: JohnSchaub.com John's Seminars...
Friday Q and A: Cash Houses vs Mortgages, Speculative BioTech Stocks in an ESA, Physician Private Practice vs Hospital Job, Accounting for Business Deductions, Multi-Family Living, 529 Plan Qualified Expenses, Inflation Rates, Gifting Money to Kids RPF018
December 13, 2014 00:34 - 1 hour - 80.5 MBToday, we have a really fun Q&A for you! I hope you enjoy! Here are the questions I answer: 2:25 If I have the cash, should I pay cash for a house or invest it? 17:13 Should I use my Coverdell ESA to speculate on early-stage biotech stocks? 28:05 Should a physician try to continue a private practice with a partial ownership interest or take a full-time hospital job? 40:38 How can I account for the business deductions in my side business? 49:40 Is multi-family, multi-generational living...
Transitioning From Personal Finance Blogger and Writer to Financial Advisor from a Canadian Perspective: Interview With Dan Bortolotti, the Canadian Couch Potato RPF0117
December 11, 2014 21:23 - 1 hour - 52.9 MBToday, I have a really great interview on finance from a Canadian Perspective. But make sure to listen whether you're Canadian or not. My guest is Dan Bortolotti, founder of the Canadian Couch Potato website. He has a really great story where he began as a personal finance writer and blogger and later moved into the space of being a professional financial advisor. We chat about: The value of a paying fees to a financial advisor The fit between PF writer and advisor Canadian tax law and ...
How to Set and Achieve Your Financial Goals in 2015 and Beyond RPF0116
December 10, 2014 17:29 - 1 hour - 52.6 MBThe new year is fast upon us. Even though we're in the midst of the busy holiday season, this is a convenient time to consider the success and failures of this year and look forward to plans for next year. Even though the articles you're now seeing in your feeds on "10 End-Of-The-Year Planning Ideas" can be useful, they just don't get it done because they're not focused on the core need. The fundamental key of financial planning is to understand the process. Building wealth is a process. A...
Helping Your Kids Develop Talent (So You Don't Have To Support Them Forever): Interview with Jonathan Harris from 10kToTalent RPF0115
December 09, 2014 18:43 - 1 hour - 71.7 MBFinancial Planning is--and should be--fully integrated with every aspect of life. Often, there are non-financial ways of hitting financial goals that are more efficient than just simply "buying the solution." Helping your children develop their talent is one such area of focus. If you can launch a young man or woman with real, useful skills that have an economic value in the marketplace and which are aligned with their individual personality and interests, they will be far ahead of many of ...
Little Known History of the ER Movement: Interview with Doug "Nords" Nordman RPF0114
December 08, 2014 21:36 - 1 hour - 49.7 MBDoug Nordman is a really neat guy who has made an incredible contribution to the Early Retirement (ER) community. Known affectionately in various forums as "Nords," he contributes a rational, learned perspective on financial topics. He and his wife both retired from the US Navy. Doug was 41 and has somehow managed to stay retired for the last decade. ;) Join us today for a really neat discussion of the history of the early retirement movement and some of the contributions from its early le...
Friday Q and A: Professional Trustees, Tax Saving for Resident Physicians, All Stock Asset Allocations, Can I Afford to Retire, How to Find a Good Financial Advisor, Funding an ESA With Real Estate RPF0113
December 05, 2014 23:24 - 1 hour - 74.4 MBIt's Friday! That means a Q&A show for you. Today, I answer all of these questions. Here are the questions and the time stamp for where each can be found in the episode. Enjoy! Joshua 10:00 - Brandon: How do I convey our financial information to my executor if my wife and I die? Should I have my testamantery trust managed by a professional trustee? 29:43 - Kyle: How do I save money on taxes as a young, single physician resident? 54:01 - Daniel: Is it ok for a young person to have a 100...
Reasons to be Optimistic About the Present and the Future RPF0112
December 04, 2014 21:40 - 53 minutes - 37.2 MBIn today's world, it's easy to find reasons for pessimism. And yet, we truly live in a time of greater abundance and quality of life than ever before. Join me today as I share some reasons for being thankful and grateful to be alive today. It's a good time to be alive. Joshua Links: Ericsson Mobility Report for November 2014 How Fast is 5G?
Buying A House Debt-Free...In Your 20s! - Interview with Steve Maxwell RPF0111
December 03, 2014 22:08 - 1 hour - 76 MBToday we have a really fun interview with Steve Maxwell. Steve is the father of eight and his three oldest sons have all purchased their houses debt-free, in their 20s, and before marriage! His younger two sons have the same vision and are on track for a similar result. How cool is that?! Steve is an electrical engineer by training. He left his engineering job however and now spends his time writing books and traveling the country speaking and encouraging others with his ministry organiza...
How to Live Without A Car Even With Two Kids! Interview with Christopher DeLaney RPF0110
December 02, 2014 19:52 - 1 hour - 45.9 MBToday, I have a really great show for you with Christopher DeLaney. Christopher and his wife have two little kids and they maintain a modern lifestyle without a car! Impressive! Christopher is gentle, unassuming, knowledgeable, and very helpful! Enjoy this interview! Joshua Links: Article about Christopher and his family on Bike Portland Interview with Christopher and his wife on the Sprocket Podcast Pictures of a "Bakfeit" bicycle
A Comprehensive Review and Critique of "Money: Master the Game" by Tony Robbins RPF0109
December 02, 2014 03:27 - 3 hours - 149 MBWell, it took a few days longer than I planned because of the fact that its 600 incredibly dense pages, but today I share with you my review and critique of Tony Robbins' new book. This was a very challenging project for me and frankly, it simply bogged me down in research. It's really a great book. Highly recommened. But, it also has some things I'm not imporessed with and some minor and major flaws. The show is long and in depth and my comments are organized around these themes: Intro ...