Radical Personal Finance

Welcome to another Friday Q&A Show! Today, we cover: Is It Legit That You Can Find Missing Money That's Still Unclaimed Should I Take Free Housing With a Longer Commute How Do I Deal With Massive Medical Bills Do I Need a Personal Insurance Agent What Three Books Would Joshua Take to A Desert Island? If you'd like to join me for a future Q&A show, become a Patron of the show at www.radicalpersonal...

Friday Q&A is back! Today: How does an LLC Protect My Liability and Help Me Save on Tax? How Can I Lower My Tax Bill on the Sale of My House? If you'd like to participate on a future show, sign up here! www.radicalpersonalfinance.com/patron Joshua

I've long struggled to know how to advise people with regard to debt. On the one hand, the use of debt can dramatically increase the financial returns of an investment. On the other hand, debt can have a dramatic negative impact on the lifestyle of the borrower when everything goes wrong. So, how do we reconcile these two things? I've come to see that they're two entirely different scales. Because...

I've alluded to my long-term guess that the US Government will default on many of its current promises. But, I've never really supported that argument. I thought I'd kick that support off today by sharing with you a succinct and coherent description of the problem by reading Professor Laurence Kotlikoff's testimony to the Senate Budget Comittee in 2015. Enjoy, Joshua America's Fiscal Insolvency an...

I've never invested in raw land. My #1 reason? Since raw land has no utility, there's no way to pull income from it. And at this stage of my life, I value income-producing assets. But, my guest on today's show has a great system for solving that problem. He has parlayed raw land into a very helpful income stream leading to his own financial freedom. Enjoy my interview with Mark! Joshua Mark's webs...

Today's episode is Part 2 of a mini-series on the seasons of life. The world of work is changing rapidly. We find ourselves pressed on all sides to do more work and different work. And yet in personal finance circles, the focus of our conversation is quite frequently how to get out of work. I believe work is a blessing and not a curse. And that to run from work is the wrong answer. And yet how can...

Poverty is hard. Money helps to make life less hard. But, in our modern world, it's hard to figure out how much money is enough. As you go through the seasons of your life the usefulness of money will wax and wane. Money comes with a cost: time, labor, risk, attention. You need to think carefully about the season of your life you're in and consider the unique value of money during this particular...

Today I have an interview for you with Ben Higgenbotham, a funeral director who's also well in tune with the Radical Personal Finance philosophy. He's here today to share the inside scoop on how to effectively work with a funeral director so that you can get the funeral experience that your family desires without losing your shirt. Enjoy! Joshua p.s., If you didn't hear it, you might want to first...

What do dentists who shoot lions , publicists who make jokes in poor taste on Twitter and Indiana pizza makers have in common? Their lives were suddenly and irrevocably changed for the worst while doing something that they could never have predicted would lead to it. Avoiding catastrophe is an important pillar of the wealth building strategy that I promote through Radical Personal Finance . As per...

I frequently get this question: "Joshua, what should I invest my money in?" Well, that's a hard question to answer. I'm not you, so how should I know? But, here are the factors I think you should consider in answering that question for yourself: time money knowledge skill temperament timing opportunities tools Joshua p.s., did I miss any important factors? If so, let me know in the comments.

Many people are far too free with their personal financial information. This can be very dangerous. You cannot expect your financial advisor to keep your personal information private, secret, and secure. You've got to take steps to protect yourself. Joshua  

I'm not sure how to explain this one to you via text...perhaps it's just better if you hit play and listen! :) Joshua

I'm a big fan of Cal Newport's work and I stumbled across this TEDx talk that he gave on the topic of social media. Consider his points and see how they might relate to your personal social media usage. It'd be a shame to look back at the end of the year and recognize an alternative use for the hundreds of hours that most of us use in social media activities. Always think about the opportunity cos...

Hey Radicals! Today's show is a little audio ramble among friends to tell you that my wife and I are celebrating the birth of a new little baby boy! (I also tell you about my 3-year-old's first successful investment...and his 100% ROR!) Joshua Episode 212: Comments on Preparing for Child Birth with Mrs. RPF

Rounding out our theme this week of how to survive and thrive during police encounters so that you are not arrested and imprisoned, I bring you an important video by the Flex Your Rights organization. This one is best viewed as a video and is available for free here: https://youtu.be/s4nQ_mFJV4I It contains dramatic presentations and acting and is really well done. I recommend that you don't liste...

This is the audio from a presentation at the CATO Institute by Law Professors James Duane and Randy Barnett. (original video: https://youtu.be/gpkc2FZFR5k) It is a follow up of the concepts outlined in James Duane's excellent book "You Have the Right to Remain Innocent." There is very little additional value from watching the video file, so enjoy the audio and you'll get the most important points....

I urge you to make the time to listen to this presentation about why you should not talk to the police, no matter your guilt or innocence in any matter. This is an audio presentation of this YouTube speech (viewed over 23 million times wherein Regent Law Professor James Duane gives viewers startling reasons why they should always exercise their 5th Amendment rights when questioned by government of...

If you get arrested, you can kiss anywhere from thousands to hundreds of thousands of dollars good-bye. You need insurance against that eventuality. Today, I'm going to teach you why it's vitally important that you arrest-proof yourself and how to do it. Joshua Arrest Proof Yourself book: http://amzn.to/2ph7Xos Don't Talk to the Police video: https://youtu.be/d-7o9xYp7eE You Have the Right to Rema...

My guest today is Dr. Marilyn Brodeur, founder of the Infant Dental Center in Corpus Christi, Texas. Marilyn reached out to me after hearing my response to a caller in Episode 417 who was struggling with a decision of whether to pursue her career aspirations or to focus her attention on her children. So, I invited her on the store to share her story about how she has built a successful business th...

I don't have a new, original show for you today. But, I do have this interview that I gave last year on Everything Financial Radio! My segment of the show begins at 22:20. Enjoy! This is the original episode link: http://www.everythingfinancialradio.com/2016/04/joshua-sheats-and-tom-aspray-join-host-dennis-tubbergen/

It's Friday! That means Q&A: Where Should a 48-Year-Old Focus Financially for Retirement? Should I Sell a Stock that Makes Up 25% of My Net Worth? Should I Move Across the Country So My Children Can Be Near Their Grandparents? How Strong Is the California Pension System? Should I Contribute More to Retirement So I Can Pay Less on My Student Loans?

Today we tackle the Rule of 72 with a quick explanation of what it is and why it's useful to you.

The Millionaire Next Door Wealth Index: "Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be."

About once a week, I get an email asking me for my opinion on network marketing opportunities. So, today, here is my opinion and advice for you! Joshua Please support Radical Personal Finance on Patreon. www.radicalpersonalfinance.com/patron

Here's a great Monday-morning sermon by ETtheHipHopPreacher to kick off your work week. Thank God it's Monday! Original video: https://youtu.be/5fsm-QbN9r8