Radical Personal Finance

We do a live Q&A show on Fridays. Today we cover: How Do You Help Young People Engage in Goalsetting? How Much Debt Is Too Much on Rental Properties? How Do You Help Your Brother-In-Law Learn About Money? Last-Minute Health Savings Account Contributions? Enjoy the show! Joshua Please support the show on Patreon! www.radicalpersonalfinance.com/patron Sign up for a free 34-day trial of YNAB: www.rad...

I've often made comments like, "Your 401(k) won't make you rich." Or, "People Don't Get Rich Because they Invested in Their 401(k)." A listener recently asked for clarification on that statement. I thought it was so important that I dedicated an entire show to it. In today's show, I give my defense of my statements and argue my case. My thesis is simple: high 401(k) balances are correlated to peop...

A little while back I gave this interview for Joe Fairless on his show, "Best Real Estate Advice Ever." We focused on the intersection between personal finance and professional financial advice. Enjoy! Joshua http://joefairless.com/best-financial-advice-achieving-maintaining-financial-freedom/

Today, please enjoy this recording of my appearance on Episode 107 of the Sound Retirement Planning Podcast with Jason Parker! This show was recorded in Q4 of 2016. http://soundretirementplanning.com/107-radical-retirement-planning-joshua-sheats-radical-personal-finance/

I see lots and lots of people talking about the idea of "passive income." Everywhere I look, I hear people talking about passive income and why it's so great! But, I've heard very few people define the concept and explain what a true passive income opportunity is. And the vast majority of opportunities I hear of don't qualify as passive income in my book. So, let's bust this "passive income" myth...

It's Friday! On today's Live Q&A show we cover: Should I sell the house we just moved out of? How Do I Figure Out If I Should Fire My Financial Advisor or Not? How Can I Organize a Really Cool Networking Event for Celebrities that I Admire? How Can Divorced Men Creatively Avoid Paying Higher Child Support? What Competitive Advantage Does Dimensional Fund Advisors Have Over Vanguard? How Has Joshua...

Today, we cover this question: Joshua, My husband and I love your show and would LOVE IT if you could help us answer a question from your point-of-view. Facts: We're completely debt-free except for our house. We make around $130,000 per year. We're currently investing 10% for retirement. We are dead-set on paying off the house in the next 2.5 to 3 years. The DILEMMA: Dave Ramsey suggests saving 15...

Today's show comes by inspiration of this listener question: " Joshua, will you please send me a link to the best show on your website for a woman wanting to convince her husband that they can make it financially if she stays home?" Well, I didn't have such a show. But now I do. Here it is! Joshua Don't have good data on your income and expenses? Start tracking it with YNAB! Get a free 34-day tria...

I've really got a great show for you today. It's one that brings together so many things that I love talking about! Travel with Family, Entrepreneurship, Marketing, Financial Independence, and more! My guest is Anthony Amos. He's an Australian entrepreneur who started out with a tiny little backyard dog-washing business. He grew it, franchised it across Australia, and then sold it and decided he w...

It's tax-time! That means that you face a problem: how should you do your taxes? Should you print off the 1040 form from the internet and fill it in by hand? Should you use tax software? Should you hire an accountant? Here are my thoughts on the matter! Joshua Great records will make doing your taxes an absolute breeze. Why not try YNAB for your budgeting and recordkeeping? Get a free 34-day trial...

It's Friday! That means it's time for a live Q&A show. Today we handle two questions: How Can a 13-Year-Old Young Man Get His Start as a Financial Advisor? How Can an Early Retiree Calculate If He Has Enough Money Enjoy the show! Sign up as a Patron to be invited to future Friday call-in shows. www.radicalpersonalfinance.com/patron Joshua

Today's show is dedicated to marketing. I focus on answering a specific question about podcast marketing, but I do share a number of tips that are applicable on a broader basis. Here's the question: Hi Joshua, I was inspired to start my own podcast six months ago when I listened to your episode 300 entitled "30 podcasting lessons learned from 300 episodes". Your words of encouragement were invalua...

I wasn't quite sure how I should approach today's book review of Tony Robbins new money book, so I asked the Radical Personal Finance Facebook group . I wrote: " I'm about to record my review of Tony Robbins' new book, Unshakeable. Should I do it in my current mood as ticked-off, angry Joshua and rip it to shreds or should I do it in my calm, collected and intellectually neutral voice, carefully p...

I recently completed a brief demographic survey of the Radical Personal Finance audience. I learned a ton about who you are! I thought it would be fun for me to share it with you and share how it impacted me. Enjoy! Joshua     Do you need a website? Reach out to my own personal web team at www.sillygrasshopper.com and see if they can help you! Radical Personal Finance Audience Demographics       ...

On episode 425 of the podcast I interviewed Mr. Money Mustache . That episode was not intended to be an introduction to his teaching or his philosophy; rather, it was a human interest discussion with the man himself. Today, I introduce you to the philosophy and teaching: the message. What is mustachianism? What is the plan for financial independence espoused by Mr. Money Mustache? Enjoy! Joshua St...

Hey Radicals! We're quickly coming up on Episode 500 of the show. To celebrate, I'd like to do a special show, exclusively featuring your stories. 1. Will you please record a quick 2- or 3-minute audio message telling us about the changes you've made in your life and how you've made financial progress in your life? I think hearing your story will be so encouraging to all of us. Also, 2. Will you p...

I'm traveling today and unable to record. Enjoy my recent interview on the Richer Soul podcast! http://richersoul.com/2017/03/07/ep-0010-richer-soul-joshua-sheats-radical-personal-finance/ Joshua

I learned about business and money during my six years working as a financial advisor than at any other time period in my life. Today I'm kicking off a series sharing some of the lessons that have most deeply impacted me. I'll share both the lessons I learned from business as well as the lessons that I learned from working with hundreds and hundreds of clients. Lesson Number 1 is simple: Don't wai...

It's Friday. Pay attention. That means the weekend is here. Have you planned and scripted it out for maximum results? Do it. Love you, Talk next week... Joshua

My guest today is a lady named Ruby. We met at Camp Mustache SE 2017 a couple of months back and I got to hear her immigrant story! She and her husband are both recent immigrants to the United States and they are aggressively pursing financial independence. Enjoy her story! Joshua Please support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I've been thinking about computer and data security this weekend and I decided to run with that theme for today's show. I've compiled a simple list of 18 tips for you to enhance your financial security and financial privacy. These range from the simple (#1 is for you to cover your PIN code with your hand) to the contentious (#10 is my advice as to whether you get greater security from using a cred...

My guest today is Gwen, writer at www. FieryMillenials.com She is a hardcore saver who is working her tail off to reach financial independence and to teach others through her story. This is an ideal follow-up to yesterday's advice to my 22-year-old listener. Enjoy! Joshua Please Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Today I answer this listener question: Hi Joshua, I am a 22 year old recent college graduate. I have since landed a job and have been working for about 4 months now. Prior to graduating college, I was much less educated on money matters and hardly mindful about my personal finances. Upon graduating, I realized that I knew next to nothing about budgeting, saving, investing, and growing wealth. Addi...

Today, I answer this question from a listener: Joshua- Fan of the show and a Naval Officer. I have some questions on overall investing strategy.  I have close to 17 years in the Navy and will likely retire at 20 with a full pension (about $55k/year before taxes), currently have $440k in retirement savings for my wife and I split between Roths and TSP, have over $140k in college savings for my 2 ki...

Listener Allyn writes in with this question: "What are your thoughts on using whole life insurance as a college savings plan? If you don't like it, why?" My thoughts are in the show! Joshua Thank you for supporting the show on Patreon! www.radicalpersonalfinance.com/patron