Radical Personal Finance

On Fridays we do Q&A!  Are Bonds Necessary for Good Asset Allocation Traditional 401(k) or Roth IRA How to Leverage Long-Term Travel for Career Advancement What Kind of Retirement Plan to Put In Place at a NonProfit How to Rebuild after Bankruptcy If you'd like to get on a call like this, join as a patron! www.radicalpersonalfinance.com/patron   Joshua Paper: "Non-Profit Organizations Have Few Opt...

How much money do you spend eating out? How much money could you save simply by learning to cook for yourself? My guest today is Ketura from www. FreeToCook.com  and she's here to share her personal experiences in learning to cook from home to improve her family's budget. Enjoy! Joshua Support RPF on Patreon! www.radicalpersonalfinance.com/patron  

Today we round out the 4-part disability series with: A wrap-up of some key concepts Taxation of disability insurance premiums Various types of disability insurance policies Pregnancy and disability insurance Q&A from the audience Enjoy! Joshua Looking for a financial advisor? Start here: www.radicalpersonalfinance.com/paladin Support RPF on Patreon: www.radicalpersonalfinance.com/patron Want to b...

College and all of its associated costs can make a big difference in your financial situation.  Today, I've invited Brad Baldridge on the show to discuss the college planning process and the background to many of the financial decisions. I think you'll enjoy the interview. Be sure to stay tuned for the second half where we pull apart some strategies for making the student aid forms work to your fa...

Minivans get a bad rap in our modern culture. They're the brunt of endless jokes and I want to see that change. For some reason people think that minivans are suitable only for parents with kids. They certainly are great for that--far, far better than an SUV--but that's not all. I think a minivan is pretty much the perfect vehicle for everyone at every stage of life. Yes, that's a big claim. But I...

The tagline I created for Radical Personal Finance is this: "...the show dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now while building a plan for financial freedom in 10 years or less." Little by little I've been breaking this down for you and today we tackle the "financial freedom in 10 years or less" part. I belie...

Today we continue our disability insurance series with a discussion of: How to determine the benefit amount of an individual disability insurance policy The interaction of group disability insurance and individual disability insurance The definition of disability (own occupation, modified own occupation, any occupation) How is disability determined (loss of time, duties, income) Total disability v...

Often very large financial goals can be achieved in a relatively short period of time if you focus enough on the goal and execute a plan with intense action. Today, I bring you the story and experience of a couple who did just that. Ben and Deb Martinek decided to become over-the-road truck drivers so that they could pay off their student loans in a very short period of time. They succeeded in pay...

On Fridays we do a live Q&A show here at Radical Personal Finance. If you'd like access to these calls, join here: www. RadicalPersonalFinance.com/patron   Today we cover: Should I Purchase My Personal House in an LLC? How do I Know if My Life Insurance Agent is Advising the Right Amount of Insurance to Own? Enjoy the show! Joshua

Today, we continue our series on "Living a Rich Life Now" by discussing material riches and how you can appreciate the ones you already have and enjoy more more material riches now, without waiting. Most people equate riches with things they have yet to buy. Largely, this is due to an effective marketing campaign by somebody with something to sell. But, many of us easily forget about all of the ma...

Radical Personal Finance is "a show dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now while building a plan for financial freedom in 10 years or less." That's the slogan that I came up with as the unifying theme after creating about 300 episodes of the show. But, although I've been using this slogan for a while, I've n...

I've previously stated that I don't understand why anyone would go into the field of medicine as a way of getting rich. I understand why people would want to do it because it fits their goals and personality and sense of calling, but I've always felt that it's a bad move financially. Even though you can earn a high income, there are a lot of disadvantages to the career! Well, my guest on today's s...

A lot of us face difficult situations. And it's tough to maintain a positive attitude. But, have you considered what some other people face? What would you do if you were facing a >70% unemployment rate in your town? What would you do if you were working a job that hadn't paid you in >6 months? What would you do if you had electricity for only 2 hours per day? After listening to today's show, I pr...

June 1 is the start of hurricane season here in South Florida. June is always when I review my own hurricane preparedness plan and assess it for any weaknesses. I've also kept a close eye on the Fort McMurray wildfires and the economic crisis currently underway in Venezuela. Given these stark and vivid disasters, I've wanted to draw your attention to them as a way for you to consider how you're pr...

Today I've invited Jules Haas on the show to talk real estate entity selection and estate planning. Jules has an especially interesting perspective given where he lives and practices law: downtown New York City. We discuss: how to decide if you should own real estate within an entity or not how to own real estate with maximum privacy (and why it's important) estate considerations for different met...

Today on Radical Personal Finance we veer into an interesting niche in the real estate market. Do you have an appreciated rental property with a lot of equity in it? Would you like to know how to transition out of that personally managed property into a professionally managed portfolio without paying capital gains taxes on the transfer? That's what today's interview is about. My guest is Leslie Pa...

My guest on today's show is Mr. Groovy, writer at the eponymous website www. FreedomIsGroovy.com   He reached out to me and pitched me for some exposure for his idea of a Junior IRA. I accepted his request and invited him on the show. I also thoroughly enjoyed hearing his story of getting free financially with a simple geographic move. There's a lesson in there for many of you. Enjoy the show! Jos...

On Fridays, I do a live Q&A call for patrons of the show. Today we cover: When Should My Wife Take Social Security? Should I Buy Term Life Insurance as an Investment? If you'd like to join a Q&A call, become a Patron of the show at www.radicalpersonalfinance.com/patron   Joshua Social Security Strategies: How to Optimize Retirement Benefits by William Reichenstein and William Meyer http://rpf.link...

I'm always keeping my ears out for interesting ways to earn a living--or a side income. And today, I've got exactly that for you. My guest today is Brad DeGraw. Brad is an expert at selling stuff through Amazon. He claims to have started with $100 and a WiFi connection and to have turned it into over $1,000,000 in sales to date. Enjoy the interview! Joshua Brad's website:  http://amazonsherpa.com/...

My guest today is Matt Hall. Matt is a financial advisor who learned the hard way what works and what doesn't in the world of financial advice. One of the missions of Radical Personal Finance is to pull back the curtain from the world of financial advice. I do my best to ask direct questions of financial advisors and give them an opportunity to share their perspective. Enjoy! Joshua Buy Matt's boo...

On Fridays, we do a live Q&A show! Today, we cover: Should I Get Disability Insurance if I'm Only Working for Two Years What Happens to Disability Insurance If I'm Changing Jobs How Should I Save Money For My 9-Month Old Daughter's House Should I Work Three More Years In Order To Vest in my Pension Enjoy! Joshua If you'd like to call in to a show like this, become a patron of the show! www.radical...

Today we continue our disability insurance series. We cover: Why it's so hard to compare disability insurance policies to each other Long-term disability insurance vs. short-term disability insurance Benefit periods (2 years, 5 years, to age 65, etc.) Elimination periods (2 weeks, 45 days, 90 days, 6 months, 1 year, etc.) Continuance provisions (noncancellable, guaranteed renewable, conditionally...

Today we speak with Jeff, the Happy Philosopher. Jeff is a doctor who was finding himself increasingly dissatisfied with his job.  Knowing that if he didn't make a change, he would find himself totally burned out, he managed to re-negotiate his work agreements in order to build a better lifestyle. This is an option that many of you should consider. Enjoy! Joshua Support RPF on Patreon! www.radical...

If you could only choose one type of insurance coverage to have, I believe you should buy disability insurance. In today's show, I seek to persuade you to agree with me. In short, this is my sales pitch for disability income insurance. Enjoy! Joshua Would you like to consult with me on the topic of your choice? Book a call here: www.radicalpersonalfinance.com/phonecall Support RPF on Patreon. www....

On Fridays, we have Q&A! And today, I have some fun questions for you. My Advice on Starting an Experts Business How to Transition from a Stable Career to Unstable Entrepreneurship Opportunity  Joshua's Thoughts on the Banking System and It's Problems How to Become a Better Salesperson If you'd like to participate in a Friday call, join the show as a Patron! www.radicalpersonalfinance.com/patron  ...