Radical Personal Finance

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