

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

31 snips
Jan 15, 2025 • 41min
1077-How to Make Good Decisions: A Framework
Dive into the intricate world of decision-making, where health and finances collide. Explore the illusion of certainty and learn to embrace life's probabilities for better outcomes. Discover the unique ways individuals respond to diets based on genetics and lifestyle, advocating for a personalized approach. Cultivate an open mindset to make more informed choices while enhancing your financial well-being. This journey navigates the complexities of human choices and the power of experimentation.

13 snips
Jan 10, 2025 • 1h 23min
1076-Friday Q&A: Second Citizenships, Finances for a 70-Year-Old, Asset Allocation, 2024 Taxes, etc.
Discover the ins and outs of securing a second citizenship and the surprising benefits it can bring. Explore tailored financial strategies for caring for a 70-year-old widow while ensuring her independence. Delve into investment allocation and risk perception to help couples enhance their financial literacy together. Learn about the role of assumable mortgages in today's market and find out how to optimize tax strategies for a financially savvy future. Plus, hear insights on embracing community through first-time church experiences.

4 snips
Jan 6, 2025 • 23min
1075-A Billion Dollar Exit Doesn't Lead to Automatic Happiness
Explore the emotional whirlwind experienced after achieving financial success, as the speaker reflects on identity beyond wealth. Hear about a transformative mountain climbing journey that reveals personal challenges and growth. Discover the complex relationship between financial achievement and true fulfillment, emphasizing the pursuit of happiness and purpose over mere monetary gain. This journey highlights that wealth does not guarantee contentment, and meaningful living is an essential pursuit.

18 snips
Dec 10, 2024 • 23min
1074-Why You Should Use Apple or Google Pay Instead of a Physical Credit Card
Dive into the world of digital payments as the hosts unveil the advantages of using Apple Pay and Google Pay over traditional credit cards. They delve into critical topics like enhanced safety, privacy protection, and unparalleled convenience. Discover how these modern payment methods not only secure transactions but also safeguard your personal information. Tune in for insightful tips that could revolutionize the way you handle your finances.

Dec 6, 2024 • 1h
1073-Friday Q&A: Implementing Financial Plans Turning $120k into $2,500/mo, Asset Rich and Cash Poor
Doug, a member of the RPF Academy, dives into his journey toward financial freedom. He explores what drives individuals to take action with their financial plans. The discussion highlights strategies to turn $120,000 into a monthly income of $2,500 and addresses the challenge of being asset-rich yet cash-poor. Doug emphasizes the importance of proactive financial management and diversification, including real estate investments, while navigating career transitions to build a more flexible and prosperous financial future.

Dec 5, 2024 • 24min
1072-Why I Stopped Canceling My Credit Cards Every December (and what I do instead!)
Discover why reassessing your financial health at year-end is essential, especially when managing multiple subscriptions. The discussion reveals that simply canceling credit cards might not be effective due to account updater services. Learn about innovative strategies for credit card management, including using virtual credit cards to control spending and protect your credit score. Plus, find out how you can enhance your financial planning skills by participating in the Radical Personal Finance Academy's live classes!

Dec 4, 2024 • 9min
1071-Civil Asset Forfeiture...Progress?
The discussion kicks off with the recent suspension of a controversial asset forfeiture program targeting airline travelers, exposing serious legal and ethical issues. It argues for eliminating this practice to safeguard citizens' rights from law enforcement overreach. Next, the role of lawyers and advocacy groups in pushing for civil rights reforms takes center stage, emphasizing the transformative power of video documentation in holding authorities accountable. The conversation wraps up with tips for making 2025 a financially fruitful year.

4 snips
Dec 2, 2024 • 48min
1070: Cyber Monday Sale: Reflections on Building An International Escape Plan, 5 Years Later
Explore the journey of relocating internationally after political dissatisfaction. Hear personal anecdotes about travel experiences that shaped a desire for freedom. Discover the importance of an escape plan and early preparation amidst global challenges. Engage with insights on dual citizenship and its significance in creating a life beyond restrictive politics. The conversation also touches on the realities of conscription and the importance of proactive crisis planning while living abroad.

Nov 25, 2024 • 40min
"An Old-Fashioned Thanksgiving" by Louisa May Alcott
Today, in celebration of the American holiday "Thanksgiving Day," I want to share with you a recording of short story written by Louisa May Alcott, called "An Old-Fashioned Thanksgiving." The audio file has no commentary—it's merely an unabridged reading of the story—and is suitable for you to share with your children as a worthwhile story to enjoy this time of year. But this story is filled with financial lessons for those with ears to hear. As you listen to a life of long ago (circa 1830), I'd encourage you to reflect on the life that you and I now live in comparison. For me, this reflection fills me with Thanksgiving, which is the starting point of living a rich life now. You are rich. I am rich. Let's realize it and act appropriately. Joshua If you prefer to read the story to your children yourself, here is the text I read: https://digital.library.upenn.edu/women/alcott/thanksgiving/thanksgiving.html Here are a few poem and prayers of Thanksgiving you may enjoy as well: O Lord, that lends me life, Lend me a heart replete with thankfulness! ~~William Shakespeare 1564-1616 May all who share these gifts today Be blessed by Thee, we humbly pray. What God gives and what we take 'Tis a gift for Christ his sake;

Nov 22, 2024 • 1h 7min
1069-Friday Q&A: Laid Off, Building a Better FAFSA, RPF Academy, Voluntary Buyout
Facing a recent layoff can be daunting, but it opens doors for reinvention and growth. Discover strategies to optimize your FAFSA for college funding and financial independence. Learn about a new masterclass in personal finance that tailors lessons to individual needs. Consider the pros and cons of accepting a voluntary severance while balancing work and family priorities. Lastly, engage in a reflective conversation about using money to create a positive global impact rather than just for personal gain.