Radical Personal Finance
Joshua Sheats
Joshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.
Episodes
Mentioned books
Oct 23, 2020 • 1h 57min
755-Friday Q&A: Inherited Real Estate Taxes, Placeholder Annuities, Teaching Children about Money, Etc.
It's Friday! Today we tackle: 1:30 Tax issues on inherited real estate + a healthy retirement 19:40 Should I buy a placeholder annuity so I get today's mortality rates? 33:27 What opinions on teaching children about money has Joshua changed over the years? 47:00 Should I build a business in financial coaching? 1:16:45 I want to get into financial planning; what should I do? 1:39:42 I got denied for a credit card offer; what do I do next? I've recently begun offering financial consulting again. You can book an appointment here: https://radicalpersonalfinance.com/consult If you'd like to join me on next week's Q&A call, join me at https://patreon.com/RadicalPersonalFinance
Oct 19, 2020 • 2h 32min
754-How to Invest in Commodities in a Radical Way (Metals, Tools, Food, Alcohol, etc.) | Interview with Steven Harris
Steven Harris, an expert in commodities and preparedness, offers innovative strategies for investing beyond just gold and silver. He discusses the benefits of food and practical tools as key investment commodities. Harris explores risks associated with stockpiling, emphasizing personal decision-making in financial strategies. He shares insights on effective food storage and the long-term value of essentials like sugar and honey. The conversation also highlights the importance of preparedness in crisis situations, underscoring self-sufficiency and tangible asset investment.
Oct 16, 2020 • 1h 4min
753-Friday Q&A: Financial Privacy, Disability Insurance, Dealing with Insurance Agents, Land Contracts
It's Friday! In today's Q&A show we cover: 1:50 Buying disability insurance and maintaining financial privacy while dealing with insurance agents 40:30 Buying a house with a land contract Enjoy! Joshua
Oct 9, 2020 • 1h 21min
752-Friday Q&A: What to Do after Graduation, Speculating in Stocks, Concealed Carry Insurance, Asset Protection for Real Estate
On today's Q&A call we cover: 00:45 I graduate with a nursing degree in 6 months. What should I do next? 20:20 Should I have speculated in the recent stock market downturn with my down payment money? 38:30 I have 3 properties. Do I need an LLC for asset protection? 57:30 Should I buy concealed carry insurance? To join next week's call, go to https://patreon.com/RadicalPersonalFinance Enjoy! Joshua
Oct 8, 2020 • 1h 20min
751-How I Taught My Children to Speak Fluent Spanish in One Year With No Teachers, No Classes, and No Playmates or Spanish-Speaking Friends
One year ago my wife and I decided to teach our children Spanish. At the time, they spoke zero Spanish. We succeeded in the project even though: They don't go to a Spanish-speaking school They don't have any Spanish-speaking friends They've not taken any Spanish classes They don't have anybody speaking Spanish to them full-time In this episode, I'll teach you how I did it. Joshua P.S. Stay tuned to the end to hear my eldest speaking in Spanish so you can assess his level of Spanish for yourself.
Oct 2, 2020 • 1h 48min
750-Friday Q&A: Lifestyle Biz for Efficient Taxation, Sales Jobs, Asset Protection, Buying a More Expensive House, Etc.
On today's Friday Q&A call we discuss: 00:45 I'm inspired by Trump's taxes. How can I start a lifestyle business for myself? 32:10 What kind of sales job should I get? 49:00 How can I protect my assets in Montana? 1:00:42 Should I buy a more expensive house? 1:22:42 Reasons to refinance your mortgage now 1:26:20 I still don't understand Trump's tax returns. Help! Enjoy! Joshua Join my Patreon to gain access to next week's call: https://www.patreon.com/RadicalPersonalFinance
Sep 28, 2020 • 2h 10min
749-Analyzing The NY Times Trump Tax Return Story (In Depth)
The New York Times recently published a story on the analysis of President Trump's tax returns. Allegedly, Trump has not paid any income taxes in 10 out of the last 15 years. In today's podcast I analyze the financial planning behind the details in the article and teach you how you can use the same techniques Trump uses to shelter his income from taxes. Joshua NY Times story: https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html www.RadicalPersonalFinance.com/store
Sep 25, 2020 • 2h 5min
748-Friday Q&A: Better College Jobs, Online Privacy, Investment Income in Early Retirement, Moving to Central America, Etc.
On today's Friday Q&A show: 1:03 I have a low-paying job while in college. How can I get a better job? 18:22 What name should I use for my online activities? 32:06 How do I actually take income from an investment portfolio in retirement? 49:23 I'm leaving California for Central America; where should I go? 1:11:50 I'm moving to Florida; what kind of hurricane planning do I need to do? 1:17:50 I'm worried about my exposure to USD. How can I hedge my bets? 1:22:54 I'm moving from California to Texas. What should I consider in the process? 1:35:27 I'm starting a new business that might fail; how can I protect my assets? 1:51:21 Should I pay off my mortgage? To join me next week, go to https://patreon.com/RadicalPersonalFinance
Sep 21, 2020 • 1h 23min
747-How to Die Broke Like Billionaire Chuck Feeney Will
Billionaire Churck Feeney has recently finished giving away his entire $8 billion fortune. In today's show, we'll talk about whether you should copy him and how you could do it. Joshua Forbes: The Billionaire Who Wanted To Die Broke...Is Now Officially Broke Where he gave his money: https://www.atlanticphilanthropies.org/wp-content/uploads/2019/10/ZeroIsTheHero.pdf
Sep 18, 2020 • 1h 34min
746-Friday Q&A: How to Get a Raise, Second Home vs. Investment Property, Saving vs. Giving
It's Friday! Today we cover: 00:48 How to get a raise at your job 11:55 Should I classify a 2nd house as an investment property or a second home? 25:30 Do I get a better deal on my mortgage by classifying a house as a second home? 31:15 How do I solve the tension between saving money and giving money? Enjoy! Joshua
