Radical Personal Finance: Financial Independence, Early Retirement, Investing, Insurance, Financial Planning (podcast)

I have a special treat for you today.

If you had the chance to sit down with the former President and CEO of Lehman Brothers and talk about his career and money, would you take that chance?

Well, I did.

And today I share it with you!

I sat down with my friend Andy Sage here at his home in Palm Beach with the microphones fired up for a discussion about his career in the business world, retirement, banking, and much more.

Enjoy!

Joshua

Direct download: RPF0422-Andy_Sage_Interview.mp3
Category:podcast -- posted at: 3:36pm MDT

I love to learn from people who have experienced great success in their lives.

But sometimes, you can learn more from failure than success!

Today, I've invited a new friend of mine on the show to learn what she learned from her massive failures in the past!

She and her husband were on the fast track toward wealth and financial freedom; they owned a ton of real estate and a thriving business.

And then they lost it all.

Listen to the episode for the gripping account of what that was really like!

Joshua

Direct download: 421-Success-Failure-Success-Felisa.mp3
Category:podcast -- posted at: 3:44pm MDT

My guests today are Joel and Alexis. I met them while hanging out at Camp Mustache SE in Gainesville and was intrigued by their story!

They went from being a fairly typical young couple with a small savings rate to being radical Mustachians, on track to retire in the next few years!

Enjoy learning how they worked through the problems and challenges to make this change!

Joshua

 

Direct download: RPF0420-Joel_and_Alexis_Interview.mp3
Category:podcast -- posted at: 3:12pm MDT

Car leasing is the most expensive way to operate a vehicle. Car leasing is the cheapest way to operate a new vehicle.

Both of those statements are true.

In today's show I explain why!

And I explain how to get out of a lease if you have one.

Joshua

Time stamps (courtesy of a listener):
0:00 Intro
1:50 Sponsors
4:55 Auto leasing is the cheapest AND most expensive
7:42 “Depreciation” explained
13:38 How does leasing a car work?
16:58 The major problem with leasing, and who leasing is great for
24:26 How to get out of a lease

Direct download: RPF0419-Why_Car_Leasing_is_Expensive_and_Cheap.mp3
Category:podcast -- posted at: 7:33pm MDT

Quick on-the-road show today to share listeners' suggestions, additional information, feedback, and questions.

Joshua

Timestamps: (thanks to the hard work of a listener!)

0:00 Intro
6:00 Joe recommends a “relationships” budget category, separate from “giving”. (Episode 408)
12:08 Rio asks how to separate personal and business budgets. (Episode 408)
14:36 Guy asks about budgeting for taxes. Should one start the budget using gross or net income? (Episode 408)
18:13 Artem comments about donating a body to science as being different from organ donation. (Episode 409)
20:03 Ross comments that funerals should also be considered a means of closure for the living. (Episode 409)
21:34 Hannah offers insight into the credit score that CreditKarma.com utilizes in its calculations. (Episode 411)
24:35 Guy asks if freezing you credit negates the need for ID protection/insurance services. (Episode 411)
26:38 Kevin offers up a tip of the day. (Episode 411)
27:13 James has concerns about the Personal Capital sponsorship. (Episode 413)
44:24 Advice to podcasters regarding ads, specifically CPA (cost-per-aquisition) vs. CPM (cost-per-thousand).

Direct download: RPF0418-Saturday_QA.mp3
Category:podcast -- posted at: 6:32pm MDT

On Fridays I host a live Q&A show! This show is open for Patrons to call in and talk with me about anything they want to.

If you'd like to participate in this call, become a Patron! www.radicalpersonalfinance.com/patron

Today we tackle two questions:

  1. Should I Follow Dave Ramsey's Baby Steps and Pay off My House Early?
  2. I Had an Unexpected Child...Should I Finish Graduate School or Drop Out to Be a Mom?

Enjoy!

Joshua

Direct download: 417-Friday_QA.mp3
Category:podcast -- posted at: 10:00am MDT

My guest today is a man named Bill. We met at Camp Mustache SE this past weekend.

As soon as I heard a little bit of Bill's story, I knew I needed to get him on the show for you!

Bill is a really neat guy. He enjoyed a very fun and adventurous career wherein he primarily worked for himself. And then he retired early.

He's a man filled with wisdom.

You'll really enjoy this interview.

Joshua

Direct download: RPF0416-Bill_Interview_Camp_Mustache.mp3
Category:podcast -- posted at: 10:00am MDT

Today I have a simple--but profoundly important--concept for you to consider and embrace: your personal safety.

There are small safety decisions that you can make that have a huge potential impact for you, both monetary impact and personal impact.

Enjoy!

Joshua

Direct download: RPF0415-Invest_in_Your_Safety.mp3
Category:podcast -- posted at: 3:41pm MDT

I always keep my eyes out for interesting and unusual lifestyle stories. Last week when I was researching cheap coffin plans, I came across the $5 DIY coffin plans at PiedmontPineCoffins.com.

Upon further reading I became aware that Don and his family live entirely off-grid and that he creates his coffins entirely by hand!

Sounded like a fun story so I invited him on!

Enjoy,

Joshua

Direct download: RPF0414-Donald_Byrne_interview.mp3
Category:podcast -- posted at: 2:10pm MDT

This past weekend I had the privilege of addressing the very fun crowd of hardcore Mustachians gathered in Gainesville, FL for Camp Mustache SE 2017.

(Mustachian = acolyte of the Mr. Money Mustache blog and personal lifestyle and financial philosophy.)

I was invited to give a presentation and I chose for my topic, "Why Wait Until You're F.I. to Live Like You're F.I.?"

This addresses a theme I often see among the hardcore early retirement crowd. The idea is this: "My life stinks right now but it'll all be great after F.I."

But, is that the best way to approach it? Why not recognize that life can be great now and after F.I.?

Enjoy!

Joshua

 

Direct download: RPF0413-Camp_Mustache_SE_2017_speech.mp3
Category:podcast -- posted at: 10:49am MDT