Radical Personal Finance

Perhaps you've noticed that the topic of refugees has been in the news. The recent news sparked this question in the Radical Personal Finance Facebook group. If I were unexpectedly detained/deported while I was traveling, with the uncertainty of my job or my possessions (or even my bank accounts) being accessible to me or even available to me if I were to somehow return, what would I do, and how would I manage? How might I create a plan to restart my life from scratch if I had to begin again in a different country?

I think it's a fantastic question!

Today I answer this question in 3 parts:

1. What can you do to prepare for detainment by foreign border guards?
2. What should you do if you're caught up in the mess created by the detainment of other people?
3. What can you do to set yourself up to start a new life in another country if you have to flee in the middle of the night?

Enjoy!

Joshua

• Support Radical Personal Finance as a Patron! www.radicalpersonalfinance.com/patron
• Ideas from the survivalist world on what you can carry with you in an airport carry-on.
• Witness.org has some great resources on filming protest and human rights violations.

I'm traveling today (appropriately enough), so I'm not able to serve you with a Q&A show today.

Instead, enjoy this recording of my appearance on the Nomad Together Podcast!

This show originally appeared on September 8, 2016 right here: https://nomadtogether.com/financial/

Joshua

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

• Find a great financial advisor with Paladin: www.radicalpersonalfinance.com/paladin
• Get a free 34-day trial of the awesome YNAB budgeting software: www.radicalpersonalfinance.com/YNAB
• Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron
• Book a consulting phone call with me: www.radicalpersonalfinance.com/phonecall

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

• Support RPF on Patreon! www.RadicalPersonalFinance.com/patron
• Build Your Budget Right with YNAB! www.radicalpersonalfinance.com/YNAB
• Use Personal Capital as your financial dashboard! www.radicalpersonalfinance.com/PersonalCapital

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

• Find a great financial advisor at www.radicalpersonalfinance.com/paladin
• Refinance your loans with SoFi and save on the interest! www.radicalpersonalfinance.com/sofi
• Please support me on Patreon! www.radicalpersonalfinance.com/patron
• PLEASE TAKE MY QUICK SURVEY! www.radicalpersonalfinance.com/SURVEY
• Joel and Alexis's brand new website! http://fi180.com/

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).

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

• Start your year off right with a budget with YNAB: www.radicalpersonalfinance.com/YNAB
• Monitor all your investment accounts for free with Personal Capital! www.radicalpersonalfinance.com/PersonalCapital

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