Radical Personal Finance

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 Book a consulting call with me: www.radicalpersonalfinance.com/phonecall Support me on Patreon: www.radicalpersonalfinance.com/patron https://www.edmunds.com/car-buying/how-fast-does-my-new-car-lose-value-infographic.html http://www.clark.com/new-car-leasing-101 http://www.swapalease.com/ http://www.leasetrader.com/

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).

This lively Q&A session tackles pressing financial questions from listeners. One caller debates whether to follow Dave Ramsey's baby steps or prioritize their family's needs over mortgage payments. Another shares her struggles balancing motherhood with graduate school, weighing emotional and practical challenges. The conversation also delves into zero-based thinking, prompting listeners to reassess choices based on values and personal circumstances. It's a mix of finance, family dilemmas, and the quest for fulfillment.

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 Support Radical Personal Finance on Patreon: www.radicalpersonalfinance.com/patron Find a new financial advisor here: www.radicalpersonalfinance.com/paladin Refinance your loans at SoFi! www.radicalpersonalfinance.com/sofi

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 Radical Personal Finance is supported directly by you! www.radicalpersonalfinance.com/patron Try a free 34-day trial of the awesome YNAB budgeting software: www.radicalpersonalfinance.com/YNAB Please take my quick demographic survey! www.radicalpersonalfinance.com/survey

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 Find an awesome financial advisor at www.radicalpersonalfinance.com/paladin Refinance your loans (or get a new one) at www.radicalpersonalfinance.com/SoFi Sign up to support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

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 Please take my 20-second demographic survey! www.radicalpersonalfinance.com/survey Refinance your loans with SoFi and save money! www.radicalpersonalfinance.com/sofi Personal Capital is the world's best financial dashboard. And it's free! www.radicalpersonalfinance.com/personalcapital Support RPF on Patreon! www.radicalpersonalfinance.com/patreon

On Fridays we do a live Q&A show! If you'd like to join me on the next one, sign up to support the show as a patron! www.radicalpersonalfinance.com/patron Today we cover: How Can I Gain Enough Experience to Use my CFP Designation? Can I Unwind My Parents Reverse Mortgage? How Do I Engage In A Meaningful Goal-Setting Process After a Layoff? Enjoy! Joshua Take my 20-second demographic survey at www.radicalpersonalfinance.com/survey Find a great financial advisor at www.radicalpersonalfinance.com/paladin Refinance your loans at an awesome great rate at www.radicalpersonalfinance.com/sofi

Financial advisor Joshua discusses the importance of checking, monitoring, and freezing your credit score to protect against identity theft. Learn about accessing free credit reports, freezing and unfreezing credit reports, and using credit score monitoring services. Also, the episode includes tips on protecting your credit report and engaging with the audience.

The Dow Jones Industrial Average has been steadily flirting with an all-time record of 20,000 points. I certainly expect it to cross that threshold any day. But, so what? Today I tackle these three questions: What does a 20,000 point DJIA mean? What does it mean to you? What should you do about it? Enjoy! Joshua Please take my super-quick demographic survey. You can do it right on your phone! www.radicalpersonalfinance.com/survey Set up your Personal Capital dashboard for FREE! www.radicalpersonalfinance.com/personalcapital Find a great financial advisor at Paladin Registry! www.radicalpersonalfinance.com/paladin