Radical Personal Finance

On Fridays I do a Q&A show for Patrons of the show. www.radicalpersonalfinance.com/patron Today, we cover these topics: Thoughts on Giving Unsolicited Advice Average Rate of Return vs. Real Rate of Return Group Life Insurance and Long-Term Disability Insurance Decisions and More! Enjoy the show! Joshua Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I recently had the opportunity to interview Robert Kiyosaki, the author of Rich Dad, Poor Dad, which is the top selling personal finance book of all time. The concepts of Rich Dad, Poor Dad are well known in the personal finance circles. Rather than trying to get Robert to outline the content of his 20 books, I sought to unwrap a little bit of the man behind the story. You can judge how I did! Enjoy the show, Joshua Kiyosaki's website: www.richdad.com Need a financial advisor? www.radicalpersonalfinance.com/paladin Looking for a new brokerage account? Get $100 bonus when you open an account here! www.tradeking.com/radical Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

In January 2013, I bought a house, proceeded through the whole process really carefully and thought I'd made some pretty good decisions. But a couple months after closing, I found out that I'd missed an awesome tax credit and kissed $2,000 a year goodbye. How frustrating! I hate missing out on free money, especially when I can get it out of the coffers of the US Government! So, I want to help you do better. And I want to teach you about the Mortgage Credit Certificate (MCC) program. Enjoy! Joshua Florida's MCC program details: http://rpf.link/1YCSCre Need a Financial Advisor? Start here: www.radicalpersonalfinance.com/paladin Open a brokerage account with TradeKing and get $100 credited to your account! www.tradeking.com/radical Support RPF on Patreon: www.radicalpersonalfinance.com/patron

On Fridays, we do a Q&A phone conference here at Radical Personal Finance. Today's call was unusual in that we only had one caller, so we spent a lengthy amount of time discussing one particular issue. Today's caller was responding to a previous podcast about how my wife and I handle our finances, specifically with regard to my role as a husband and her role as a wife. We had an excellent conversation on the role of earning money versus the role of being a parent and how to work that out within the context of a family. Enjoy the show! Joshua If you'd like to participate in these weekly Q&A calls, please become a patron of the show and you will gain access to the calls. www.RadicalPersonalFinance.com/patron Why I Choose to Believe the Bible http://rpf.link/1QPPWAu

Will you pay less taxes when investing in a Traditional IRA or a Roth IRA? Do you know? Are you sure? If you're not sure, the answer may surprise you. Let me know if you're surprised! Joshua Support Radical Personal Finance: www.radicalpersonalfinance.com/patron

Hey Radicals! If you have emailed me (especially through the contact form on my website) and I haven't personally responded, please assume that I simply never received your message. I'd love to hear from you, so please write again! From July of 2015 until February of 2016 the contact form had a technical glitch that prevented emails from coming through. That means that I missed hundreds of your communications. I'm sorry! We've fixed the problem now, so please try again. I'd enjoy communicating with you personally. I work very hard to respond to all of your emails so it's disheartening to me that many of you have sent me notes to which I never responded. Again, my apologies! Joshua

Today on the show we answer this question: "Hey Joshua,"I'm a fairly new listener and have been going through some of your older podcasts to absorb as much info as possible. I think you could potentially provide some good advice that I'd love to hear answered in an upcoming podcast if possible..."Since discovering your podcast I've completely changed my thoughts on savings and consumption. I've always lived pretty frugally (I thought) but it turns out I was making poor decisions all along. I bought a house last year thinking that was a fool proof way to hang on to my money. I only just ran the numbers this month since I've discovered your podcasts on homeownership, and I've discovered I would have been much better off renting. I've also cut my cell phone bill in half (still $70/month though) and cut back on my weekend golf habit which I was spending about $200/month on. In place of that I've decided to train for a triathlon which is free since I already have a decent road bike. So thank you for all those tips on saving! I'm continuing to find ways to save."My situation that I'd like your advice on is my current job. I'm an engineer making just south of $200,000/year. I'm working at a nuclear power plant in the middle of no where in Georgia. The closest town is Augusta which is still a 50+ minute commute each way (I'm single, 30 years old, and living in a trailer in the woods near the plant wouldn't going to help that situation). I'm working 50 hours/week plus the commute and 30 minute unpaid lunch break. My entire week is consumed by work and travel to work. This is a paperwork heavy desk job which brings me zero fulfillment. I would love to quit and chase short term seasonal outage work but my dividend/investment income isn't nearly enough to live off and I can't justify turning down this kind of steady income stream. I'm miserable but well paid. I'm afraid that if I quit, my experience level isn't enough to land me the highly sought after seasonal work I'd be trying to get. I believe you were likely in a similar pay scale when you quit your job and since your situation was similar to mine is I'd like your advice as to how to get more enjoyment out of life and work."Love the podcast!" Enjoy the show! Joshua Get a $100 bonus when you open an account at TradeKing: www.tradeking.com/radical Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I'm up here in Nashville, TN at the moment and had the opportunity to connect with Dan Miller from 48 Days to the Work You Love. Dan is a legend in the career advice business. He has helped many, many people transition from work that paid the bills to work that they love. Dan has a lifetime's experience as an entrepreneur and in today's interview he shares his advice with us on: Should everyone be an entrepreneur? Is entrepreneurship risky? How can we teach our kids to be entrepreneurs? How to decide when to save and when to spend. Enjoy! Joshua Dan's website: www.48days.com Support RPF! www.radicalpersonalfinance.com/patron

When I began podcasting, I was looking for information and advice. Although I found some good, there was a real paucity of advice from people who had done something like I wanted to do. I've been satisfied with a lot of the progress that I've made with Radical Personal Finance, and I want to give back to the podcast and community. So, in today's show we do not discuss personal finance or money at all. Rather, this show is all about podcasting. It's simply contains the lessons I have learned about podcasting and commentary on the things that have worked and the things that have not worked. I hope this content is useful to you. And I hope that many of you will go out and start your own podcast. Joshua Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I've long admired Jack Spirko and his show "The Survival Podcast" as a voice of reason in an industry fueled by hyperbole and fear. He does a great job of teaching people how to systematically build a lifestyle of resilience and freedom. And, most important, he teaches that everything you do to build a prepared life should make your life better if times get tough...or even if they don't. Enjoy the interview! Joshua The Survival Podcast www.thesurvivalpodcast.com Get an extra $100 bonus when you open an account: www.tradeking.com/radical Try my favorite budgeting software for free! www.radicalpersonalfinance.com/YNAB

On Fridays I do Q&A. If you'd like to participate in a show like this, please become a Patron of the show and you will gain access to the information to call in for these shows. www.radicalpersonalfinance.com/patron Today we cover: How to Practice Stealth Wealth How to Locate Assets in a Tax Efficient Manner Refinancing a HELOC to an Amortizing Loan How My Wife and I Handle Day-to-Day Money Enjoy! Joshua NYT article mentioned: http://www.nytimes.com/2016/02/14/fashion/i-now-pronounce-you-husband-and-husband.html Man of Steel & Velvet: http://rpf.link/1TveV2D

I will be in Nashville, TN next week for a conference. If you're in the area, I would love to meet up with you. Please reach out to me on Twitter and let me know that you'd like to connect. www.twitter.com/joshuasheats

Can a hobby of writing about personal finance lead to becoming financially independent in a very short time? It did for Jim Wang, my guest on today's show. Jim founded the site Bargaineering as a part-time hobby. It quickly became a leading voice in the world of personal finance websites. Ultimately, it led to Jim's becoming financially independent in a shockingly short amount of time. In today's interview, we seek to go behind the story a bit. To learn about the personal story and lessons learned from Jim's experiences. He has a lot to share that's very applicable to all of our lives. Enjoy! Joshua Jim's current site: https://wallethacks.com/ (He is no longer affiliated with http://www.bargaineering.com/ ) Start your search for a financial advisor here: www.radicalpersonalfinance.com/paladin If you have student loans, connect with Jay Fleischman www.studentloanshow.com/radical

My guest today is Ann Barnhardt. I first became aware of Ann in late 2011 after she published a letter detailing the closure of her firm, Barnhardt Capital Management. At the time, this letter troubled me. Many people make strong statements and publish strongly worded essays. But when someone follows through on their word to the point of closing a functioning firm, I pay attention. I never could quite wrap my head around what happened at MF Global in 2011. Frankly, I still can't. But I thought it would be awesome to invite Ann on the show to hear her first-hand experience. She obliged. During the course of our interview we discussed: her professional background in the trading and commodities business what actually happened in 2011 in the markets what has happened since then her predictions for future world events what led her to become a tax protester Enjoy the show! Joshua Ann's website: www.barnhardt.biz https://twitter.com/AnnBarnhardt Support Radical Personal Finance on Patreon www.radicalpersonalfinance.com/patron

Over the weekend, I was reading the book "unWorking: Exit the Rat Race, Live Like a Millionaire, And Be Happy Now" by Clark Vandeventer while sitting in a tire repair shop, waiting for my tire to be patched. When I came to this page, I stopped. And then I had an epiphany. When you're very, very clear on what you want, it's simple and easy to decide what to do. But when you don't know what you want, it's almost impossible to decide what to do. So, do you know what you want? Enjoy the show! Joshua unWorking by Clark Vandeventer http://rpf.link/1oEAdxT the page that stopped me http://rpf.link/knowwhatwewant Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Friday Q&A show today! Is an umbrella liability insurance policy a good idea? Should I buy life insurance for my stay-at-home wife at my job? How do I finance real estate? What type of entity should I choose for real estate investment? Enjoy! Joshua www.radicalpersonalfinance.com/ynab www.radicalpersonalfinance.com/patron

I'm delighted to have David Hancock on today's show. David is the founder and CEO of Morgan James Publishing. David has a fascinating business history and you'll benefit greatly from hearing his story. He's also an expert at personal branding and marketing. Most importantly, he's figured out how to make an excellent living on his own terms while doing work he loves! Enjoy! Joshua www.morgan-james-publishing.com Get a $100 bonus when you open an account at www.tradeking.com/radical Check out the awesome Online Investor's Conference at www.radicalpersonalfinance.com/OIC Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I've decided to start doing regular live call-in shows as part of our Friday Q&A. Today we cover these questions: How much leverage/risk is appropriate when building a real estate portfolio? How much money is too much to have inside a qualified account? How do you get money out of a qualified account for early retirement? Is Bank on Yourself life insurance a good idea? What's the right asset allocation between stocks/bonds? Enjoy! Joshua If you have student loans, make sure to get a review of those loans by Jay Fleischman to see if you can save money! www.studentloanshow.com/radical Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Do you have some excuses as to why you can't be successful? Well, get ready to get your excuses kicked in. My guest today is Kimanzi Constable. He started his career as a bread delivery driver and hustled his way into becoming a highly paid, internationally-recognized author, speaker, and coach. Along the way, he lost 170 pounds, paid off $180,000 in debt, and learned a thing or two about business. Enjoy the show! Joshua Stop Chasing Influencers: The True Path To Building Your Business and Living Your Dream http://rpf.link/1L16J1Q Have student loans? Grab a consultation with Jay Fleischman and save some cash! www.studentloanshow.com/radical Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

What makes a bigger difference on your financial outcome: the behavior of your investments or the behavior of you, the investor? Today I have an awesome interview for you with Carl Richards, author of "The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money" and "The One-Page Financial Plan: A Simple Way to Be Smart About Your Money." Both books are well worth your time. In addition to being a financial advisor, Carl is the awesome dude behind the Sketch Guy column in the New York Times. Enjoy the interview! Joshua Carl's website: http://www.behaviorgap.com/ The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money http://rpf.link/1PQuIC5 The One-Page Financial Plan: A Simple Way to Be Smart About Your Money http://rpf.link/1RZatbQ Looking for a Financial Advisor? Start here: www.radicalpersonalfinance.com/paladin Would you like to support Radical Personal Finance? Go here: www.radicalpersonalfinance.com/patron

This weekend a friend of mine asked me for my input on whether they should continue renting their townhome or buy an equivalent unit. It's almost the perfect, real-life case study to consider: practically identical units current market prices real numbers to analyze. I seized the opportunity to talk it through and run the numbers. Enjoy! Joshua www.studentloanshow.com/radical www.tradeking.com/radical https://onlineinvestingconference.com/online-investing-conference-content8292jpjv?affiliate_id=429857 www.radicalpersonalfinance.com/radical

Low gas prices have you cheering? Good! But what about when they go back up? Do you have a plan for that? How cool would it be if you could use a fuel other than gasoline in your car? You can! You can run it on wood. My guests today are experts on exactly that. Chris Saenz and Wayne Keith run the website www.DriveOnWood.com Wayne holds a number of world records of driving entirely on woodgas including fastest speed, longest distance, etc. Enjoy learning how to drive for free! Joshua Chris and Wayne's website: www.DriveonWood.com Support Radical Personal Finance! www.radicalpersonalfinance.com/patron

I had the opportunity to attend John Schaub's "Building Wealth One House At a Time" seminar in Sarasota, FL on January 16 & 17, 2016. I've been a fan of Schaub's work for quite a while. After reading his books and many others, I decided that his approach and plan is the approach to real estate that's right for me. So I went to the seminar. I was extremely impressed with the seminar. It was exactly what I hoped it would be. In the show today I share with you: the fundamentals of John's approach to real estate investing, the outline of the seminar and topics covered, what I loved about the seminar, and a few suggestions for improvement. Enjoy the show! Joshua John's website: http://www.johnschaub.com/schaub-seminars/ Building Wealth One House at a Time: Making it Big on Little Deals http://rpf.link/1KGi4Ev Get $100 bonus when you open a brokerage account at www.tradeking.com/radical Start your search for a financial advisor at: www.radicalpersonalfinance.com/paladin Support RPF on Patreon: www.radicalpersonalfinance.com/patron

When I was younger I was easily duped by the financial fraudsters that seek to build their empires by deceiving people. Thankfully, I never had any major financial losses, but I was definitely hurt when I discovered how gullible I was. Since then, I've developed some slightly better skills for sniffing out fraud and questionable advice. And in today's show, I share some of my tips with you. I hope that together we can continue to develop our own skills of critical thinking and spread those skills to others. We certainly need more critical thinking across our society! Joshua Remember the woman who spilled hot coffee and sued? http://www.nytimes.com/2013/10/21/booming/not-just-a-hot-cup-anymore.html How Martin Luther King, Jr. Got Away With Plagiarism: Different Strokes for Different Folks http://www.garynorth.com/public/335.cfm Other essay I read from: http://www.garynorth.com/members/8981.cfm Martin Luther King, Jr. authorship issues https://en.wikipedia.org/wiki/Martin_Luther_King,_Jr._authorship_issues Content of Character: Holiday for a Sex Addict (Martin Luther King's "Greatest Struggle") http://www.freerepublic.com/focus/news/2430999/posts Start your search for a financial advisor with advisors who have been vetted and researched in advance: www.radicalpersonalfinance.com/paladin Refinance your student loans with SoFi and get a $200 bonus! www.radicalpersonalfinance.com/sofi Support Radical Personal Finance on Patreon: www.radicalpersonalfinance.com/patron

Most of us in the Radical Personal Finance community are pursuing our own financial independence. And most of us want to get there as quickly as possible! But, most of us only have one idea of one way to get there. Did you know there are a bunch of different ways to go job-free and gain financial freedom! I'm excited to bring you my interview with Jake Desyllas, author of "Job Free: Four Ways to Quit the Rat Race and Achieve Financial Freedom on Your Terms." If you have any interest in ever being financially free, this book is a must-read book. (And this interview is a must-listen interview!) Jake has done an incredible job of distilling all the plans and strategies available into a simple, clear framework that you can use to design your ideal financial freedom plan. Enjoy! Joshua Job Free: Four Ways to Quit the Rat Race and Achieve Financial Freedom on Your Terms www.thevoluntarylife.com $100 bonus when you open an account! www.Tradeking.com/radical Save money on your student loans! www.studentloanshow.com/radical

I talk a lot about business, entrepreneurship, and freedom on Radical Personal Finance. But I probably give short shrift to the incredible benefits of having a job! Our jobs usually provide the foundation we need to support our families, satisfy our responsibilities and obligations, and save the money we need to invest! Today, I share with you 9 benefits I came up with for having a job! Enjoy! Joshua Scratch Beginnings: Me, $25, and the Search for the American Dream Build a business based on your own best-selling book: www.ThePublishingDoctor.com Cut the interest rate on your student loans with SoFI (and get $200!) www.radicalpersonalfinance.com/SoFI Support the show on Patreon! www.radicalpersonalfinance.com/patron

Managing money by yourself can be a real challenge. But managing money with your spouse can feel so much harder! But does it have to be that way? Today I have Talaat and Tai from www.HisAndHerMoney.com on the show to discuss the topic with me. They have some deep experience and insight to share with us. Enjoy the show! Joshua Talaat and Tai's website: www.HisAndHerMoney.com Join their www.SmartMoneyCouples.com community! Get clear on your goals by meeting with a financial advisor! www.radicalpersonalfinance.com/Paladin Get a plan for your daily money: www.radicalpersonalfinance.com/YNAB Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

There are three things we control with regard to wealth building: how much we make, how much we spend, and the rate of return we earn on our investments. Those are the only three things you can change and affect. And they're the three things that will make the difference in how wealthy you become. My personal investment strategy has changed and developed over the years. But, going forward, I've decided to invest in real estate. In today's show I share with you some of the back story and some of the reasons I've made this decision. Remember, my goals and skills are different from yours; learn from me, but don't copy me. Enjoy the show! Joshua Do you have student loans? Do you know someone with student loans? Find the best way to pay them off! www.studentloanshow.com/radical Would you like to open your stock account with an extra $100? Do it here! www.tradeking.com/radical Interested in supporting the show directly? Please do! www.radicalpersonalfinance.com/patron

Tonight I'm pleased to bring you an interview with Fritz Gilbert from the website: www.TheRetirementManifesto.com. Fritz is an awesome guy who is just a couple of years away from an early retirement! He's here today to share with us his wisdom and perspective on making a successful transition to retirement. Enjoy the show! Joshua Refinance your student loans and get a $200 bonus! www.radicalpersonalfinance.com/sofi Make this the year you write your book! Contact publishing coach Patrick Snow for help! www.thepublishingcoach.com Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Many people dream of saving enough money to travel the world. But what if there were a way to get paid to travel the world? There is. It's not a pipe dream. In fact, there's not just one way. There are many, many ways! In today's show we speak with Sara Miner. Sara is a longtime listener and supporter of the show and she and her husband get paid handsomely to do work they care about in adventurous locations around the world. I invited her on to the show to share her story and advice. Enjoy the show! Joshua Do you have student loans? Spend some time with Jay Fleischman and chart out the smartest way out of debt: www.studentloanshow.com/radical Looking for a financial advisor? Start here: www.radicalpersonalfinance.com/paladin Support Radical Personal Finance on Patreon: www.radicalpersonalfinance.com/patron

Today, we cover this question from a listener: Joshua, I know you get a lot of questions, but I was wondering if you have a radical way to get out of an upside down car loan. I do financial coaching for people in our church who have requested benevolence, and most of them have large car payments - e.g. Someone owes $25,000 on a car worth $15,000. I cannot find a solution that is good (and maybe there is none). Dave Ramsey says borrow the difference so you have a smaller loan, but by the time someone is requesting benevolence, they cannot qualify for borrowing any more. Other ideas of rolling it into another car loan with incentives aren't great either. It is really the $3,000 in negative equity and more that I am looking to solve for. Any radical ideas? Travis Open a brokerage account with TradeKing and get a free $100 bonus! www.tradeking.com/radical Start the new year off right by learning the skill of budgeting! www.radicalpersonalfinance.com/YNAB Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Today we continue with our "Early Retirement FAQ" series with Arebelspy by tackling the topic of inflation! How do you manage inflation risk in retirement? And, even more important, how do you manage inflation risk in very early retirement? This topic is especially important to Arebelspy because he and his wife just retired at the age of 30 and are now traveling the world together! (Even cooler, they did it while earning schoolteacher salaries!!!) Enjoy! Joshua Save money on your debt payments by refinancing your student loans with SoFI: www.radicalpersonalfinance.com/sofi Get your book out of your head and onto paper by working with publishing coach Patrick Snow! www.thepublishingdoctor.com Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Recently I received this personal note from a personal friend of mine: "My wife suggested I reach out to you for advice as we plan to start saving for our soon-to-be-born-son's education. Hard to believe it's going to be just a few weeks now. I've looked into our state's 529 plan, but wasn't sure if there were better options. Any advice would be greatly appreciated." My advice in response was simple: don't set up a college plan for your young child. It's a bad idea and a poor use of money in light of all the other things you can do with money that are better. Interested? Listen. :) Joshua Do you have student loans hanging over your head because your parents didn't save for you? Go here: www.studentloanshow.com/radical Would you like to establish an investment account for your investing goals? Go here and get a $100 bonus: www.tradeking.com/radical Would you like to support RPF directly? Go here: www.radicalpersonalfinance.com/patron http://10ktotalent.com/ http://www.brokebladesmith.com/ https://www.instagram.com/bladesofbelaq/ http://blog.penelopetrunk.com/2006/08/27/your-family-would-be-better-off-with-a-housewife-so-would-mine/

I'm excited to launch a brand-new sponsor here in the new year! Our new sponsor is TradeKing. You should be familiar with the TradeKing name--I previously interviewed the CEO, Don Montanaro, on Episode 240 of the show. I sat down with Don in his Ft. Lauderdale office and we talked about the brokerage business and business model. We discussed: TradeKing's history The competitive landscape of the brokerage business The value proposition for brokers If you'd like to open a trading account with TradeKing, they will give you an extra $100 if you sign up through my tracking link: http://tradeking.com/radical Enjoy the show! Joshua Get a $100 bonus to your account when you use my special tracking link! http://tradeking.com/radical

One of my major breakthrough moments in life occurred when I learned that success skills were simply that: skills. The same applies to wealth. Success and wealth are not accidents. People are not wealthy by chance, happenstance, or accident. People become wealthy because: 1. They unconsciously learned the knowledge and applied the skills of wealth; or,2. They self-consciously learned the knowledge and applied the skills of wealth. For me, that concept was incredibly helpful. As we begin a new year, I encourage you to focus on the skills that you need to identify, learn, and perfect during 2016 that will ultimately lead to wealth. Enjoy the show! Joshua Learn and apply the skill of budgeting: www.radicalpersonalfinance.com/YNAB Learn what you don't know about your financial plan by meeting with a financial advisor: www.radicalpersonalfinance.com/Paladin Support RPF on Patreon: www.radicalpersonalfinance.com/Patron

Hey Radicals, I'm in the process of shutting the show down for 2015 and heading off for the holidays. Before I go, I simply want to share a personal greeting with you and a few quick, encouraging thoughts. Listen to the episode! Merry Christmas to you and yours. May you and your family be richly blessed this holiday season and may 2016 be your best year ever! Love, Joshua

The skill of budgeting is one of the major skills that drives the level of success you achieve in life. But it's a skill that's not only applicable to money but also to other areas of life. In today's show I share with you my ideas on budgeting: How budgeting is applicable to many areas of life, not only money. The three major stages of budgeting. Big ideas on concepts that are applicable to all kinds of budgeting. Three types of budgeting tools. Enjoy the show! Joshua Do you have student loans? I recommend connecting with Jay Fleischman for a review: www.studentloanshow.com/radical Interested in writing a book? Call the Publishing Doctor: www.thepublishingdoctor.com Need a budgeting system? Try YNAB www.radicalpersonalfinance.com/YNAB and Tiller www.tillerhq.com/radical Need a time-tracking system? Try Toggl. www.toggl.com

I was honored with a very cool mention in a New York Times article yesterday (link below) and I thought it a perfect time to build on the subject of how to increase your income! In today's show, I share with you my complete framework for increasing your income. The show is heavy on strategy--you'll have to fill in the specific tactics appropriate for your situation. We cover: The only 3 ways to increase your income. Which to focus on in the short-term and which to focus on for the long-term. Specific strategies for each of the 3 ways. Enjoy the show! Joshua Links: NY Times article: Your Most Valuable Asset is You http://www.nytimes.com/2015/12/15/your-money/your-most-valuable-asset-is-yourself.html Start your search for a financial advisor here: www.radicalpersonalfinance.com/paladin Use the same budgeting software that I use: www.radicalpersonalfinance.com/YNAB Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I enjoy YouTube. But it's tough to find a good personal finance YouTube channel! Thankfully, there's at least one! My guests today are Mike and Lauren. They are awesome personal finance and early retirement YouTube personalities. We were able to connect for an interview at #FinCon15 so that I could bring you their story. Why should you listen? Well, perhaps you'd like to know how they're on track to retire by the age of 30 even though they never made a ton of money or sold a business. It's all here! Enjoy the show! Joshua Their website: www.mikeandlauren.com YouTube channel: www.mikeandlauren.tv Have student loans? www.studentloanshow.com/radical Need a financial advisor? Go here! www.radicalpersonalfinance.com/paladin Support RPF on Patron! www.radicalpersonalfinance.com/patron

Following up on yesterday's show, I share with you today 9 myths surrounding the topic of home ownership. These are things that I used to believe and I learned (through the process of owning my own home) that I was wrong. Learn from my mistakes and consider how many of the things we commonly believe about home ownership might not be quite so true as we wish! Enjoy! Joshua Do you have student loans? I strongly recommend you sit down for a consultation with Jay Fleischman, host of the Student Loan Show. www.studentloanshow.com/radical Are you interested in publishing a book? Call my publishing coach, Patrick Snow! Start here: www.thepublishingdoctor.com or text Patrick at 206-310-1200 Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

This past Friday we closed on the sale of our house. We owned it for just under three years. When we bought it we had intended to own it for 40 years. Why did we sell? The full story is here in this episode of the show! Check it out and learn from our successes and our failures! Joshua Are you interested in working with a financial advisor? Start your search here! www.radicalpersonalfinance.com/paladin Get a budgeting plan in place before 2016 arrives! Download a free copy of YNAB: www.radicalpersonalfinance.com/YNAB Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/Patron

Many of us have made mistakes on our way to financial stability. Hopefully we've learned from those mistakes--but wouldn't it be fantastic if we could help the next generation to avoid some of those mistakes? My guest today is Rocky Lalvani. He's a long-time listener of the show, contributor, and Patron. We connected in-person at #FinCon15 and sat down for this interview! Rocky has an awesome immigrant rags-to-riches story that you'll enjoy. He also has a depth of experience in training his children to be financially strong. Enjoy! Joshua Rocky's website: http://richersoul.com/ Subscribe to my new podcast "Encouraging Christian Fathers" in iTunes! www.rpf.link/ECFiTunes Please support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/Patron

While I was in Charlotte for #FinCon15, I connected briefly with a man named Peter Polson who told me about a new tool he had built to automate the creation of financial spreadsheets. After I got home I signed up for his service and started testing it. I like it! And I think some of you will find it very useful. The Tiller service is a way to automate the import of financial data to your spreadsheets. This eliminates the most time-consuming part of creating spreadsheets and opens up a world of possibilities! Listen to the interview! And, if you'd like, try the service free for two months by using my link: www.tillerhq.com/radical Enjoy! Joshua Try Tiller free for two months! www.tillerhq.com/radical Do you have student loans? If so, you need to do a review with Jay Fleischman. Find all the details here: www.studentloanshow.com/radical Do you want to refinance your student loans to save money? If so, start with SoFi for the best deal. Get an extra $200 by using my referral link: www.radicalpersonalfinance.com/SoFi Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

Does being frugal and building financial independence mean that you can't have any fun? And, is it possible to get through college on a budget and still have fun? Today we have a fun discussion with Martin Dasko from the personal finance blog Studenomics. Martin has an awesome approach to teaching young men and women how to build financial independence without missing a party! Enjoy! Joshua Martin's site: http://studenomics.com/ Need a financial advisor? Start here: www.radicalpersonalfinance.com/paladin Interested in publishing a book? Call my publishing coach, Patrick Snow: www.thepublishingdoctor.com Text him at 206-310-1200 for a complimentary consultation. Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

It's easy to jump into holiday mode, but don't jump just yet! Let's keep our work boots on and learn just a little bit about investing today before we get into the Thanksgiving holiday. My guest today is Rick Ferri, founder of a company called Portfolio Solutions. Rick is a really great guy and a real expert at investing and portfolio construction. You'll hear his detailed background in the show and I think you'll come away from today's episode with a deeper sense of respect for what he's doing.Those of you who are commited indexers will love today's show. And those of you who aren't will have some work to do to defend your viewpoints after today's show. Enjoy! Joshua Do you have student loans? If so, you need to do a review with Jay Fleischman. Find all the details here: www.studentloanshow.com/radical Do you want to refinance your student loans to save money? If so, start with SoFi for the best deal. Get an extra $200 by using my referral link: www.radicalpersonalfinance.com/SoFi Please consider supporting the show on Patreon: www.radicalpersonalfinance.com/patron

Today on Radical Personal Finance I'm pleased to introduce you to a brand-new sponsor! And, it's a sponsor who will help you save some cash! I've been aware of SoFi for quite awhile and they were high on my list of brainstormed potential sponsors for the show. I was finally able to connect with them at #FinCon15 in Charlotte this year and to hammer out the terms of a sponsorship agreement. SoFi is a very cool new company that is bringing real innovation to the lending space. They got their start by helping people refinance student loans but now they're aggressively expanding to other areas as well. My guest today is one of the co-founders, Dan Macklin. Sit back and enjoy the story of entrepreneurship and industry-changing innovation! Joshua Refinance your student loans with Sofi: www.radicalpersonalfinance.com/SoFi Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/Patron

During October and November I've been doing a weekly conference call with Patrons of the show. We've been talking about all kinds of interesting subjects! On today's call we chatted about: disability insurance (including disability overhead expense insurance and cash indemnity long-term care policies) investment planning the politics of money and more! Enjoy! Joshua Have student loans? Before you do anything else with your loans, sit down for a review with Jay Fleischman. www.studentloanshow.com/radical Thinking about writing a book? Speak to Patrick Snow from www.thepublishingdoctor.com Text him at 206-310-1200 for a complimentary consultation about your potential book. Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

We talk a lot about diversification within the context of investments. But what about diversification of your income? After all, how risky is it for you to depend on a single source of income to fund your life and lifestyle? The paradox is this: the more specialized you become in your career, the more you can earn. But the more specialized you are, the riskier your income is! The challenge is for us to figure out how to reconcile these two things. Today, I share my thoughts on the subject with you. Enjoy! Joshua Do You Need A Budget? Try the same budgeting software that I use and love! www.radicalpersonalfinance.com/YNAB Are you looking for a financial advisor? Start your search here! www.radicalpersonalfinance.com/Paladin Would you like to support Radical Personal Finance? Please become a Patron of the show! www.radicalpersonalfinance.com/patron

BiggerPockets.com is the largest real estate resource online--perhaps in the world. Today we have Josh Dorkin, the founder of Bigger Pockets, on the show to share the story with us. The story is a classic case of an entrepreneurial endeavor gone well. Sit back, pay attention, and learn the lessons and themes of how one person went from struggling real estate investor to become king of a real estate empire. Enjoy! Joshua Bigger Pockets: www.biggerpockets.com Do you have student loans? Connect with Jay Fleischman and do a professional review of your student loan options. Go here: www.studentloanshow.com/radical Have you ever thought of writing a book? Connect with my publishing coach, Patrick Snow. Text him at 206-310-1200 for a complimentary consultation and visit www.thepublishingdoctor.com Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

The word "trust" has a bit of a mystique in the modern financial world. It's a word that everyone knows (we all know a "trust fund kid") but few people understand and even fewer understand accurately. Trusts are both simple and complex. They're simple in concept but can be quite complex in application. Today I share with you some basic background on trusts and trust planning. I also share with you some thoughts regarding the use of a revocable living trust within the context of your personal estate planning. Enjoy the show! Joshua Are you looking for a personal financial advisor? Start your search here! www.radicalpersonalfinance.com/paladin You Need A Budget! Try the same budgeting software I use, free for 30 days: www.radicalpersonalfinance.com/YNAB Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/Patron