Radical Personal Finance

We talk a lot about diversification within the context of investments. But what about diversification of your income?

After all, how risky is it for you to depend on a single source of income to fund your life and lifestyle?

The paradox is this: the more specialized you become in your career, the more you can earn. But the more specialized you are, the riskier your income is!

The challenge is for us to figure out how to reconcile these two things.

Today, I share my thoughts on the subject with you.

Enjoy!

Joshua

• Do You Need A Budget? Try the same budgeting software that I use and love! www.radicalpersonalfinance.com/YNAB
• Are you looking for a financial advisor? Start your search here! www.radicalpersonalfinance.com/Paladin
• Would you like to support Radical Personal Finance? Please become a Patron of the show! www.radicalpersonalfinance.com/patron

BiggerPockets.com is the largest real estate resource online--perhaps in the world. Today we have Josh Dorkin, the founder of Bigger Pockets, on the show to share the story with us.

The story is a classic case of an entrepreneurial endeavor gone well.

Sit back, pay attention, and learn the lessons and themes of how one person went from struggling real estate investor to become king of a real estate empire.

Enjoy!

Joshua

• Bigger Pockets: www.biggerpockets.com
• Do you have student loans? Connect with Jay Fleischman and do a professional review of your student loan options. Go here: www.studentloanshow.com/radical
• Have you ever thought of writing a book? Connect with my publishing coach, Patrick Snow. Text him at 206-310-1200 for a complimentary consultation and visit www.thepublishingdoctor.com
• Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

The word "trust" has a bit of a mystique in the modern financial world. It's a word that everyone knows (we all know a "trust fund kid") but few people understand and even fewer understand accurately.

Trusts are both simple and complex. They're simple in concept but can be quite complex in application.

Today I share with you some basic background on trusts and trust planning.

I also share with you some thoughts regarding the use of a revocable living trust within the context of your personal estate planning.

Enjoy the show!

Joshua

• Are you looking for a personal financial advisor? Start your search here! www.radicalpersonalfinance.com/paladin
• You Need A Budget! Try the same budgeting software I use, free for 30 days: www.radicalpersonalfinance.com/YNAB
• Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/Patron

Wouldn't it be cool if you could work really hard for a few years, save aggressively, and then quit your job and travel the world?

Today's guest has done just that. Today I have Brandon, the Mad Fientist, and his wife Jill on the show!

Brandon recently hit his Financial Independence number and he and Jill hit the road for some long-term travel.

Enjoy this interview where we dig into what's great about financial independence and what ain't so great.

Enjoy!

Joshua

• Brandon's website: http://www.madfientist.com/
• Sponsor: do you have student loan? Call Jay Fleischman. Listen to his first and second interview on the show and then go here: www.studentloanshow.com/radical
• Have you ever thought of writing a book? You should at least consider it! Talk to publishing coach, Patrick Snow. www.thepublishingdoctor.com For a complimentary 30-60 minute consultation text Patrick at 206-310-1200.
• Do you love Radical Personal Finance? Please support the show on Patreon! www.radicalpersonalfinance.com/patron

I'm thrilled to bring Jay Fleischman back on the show. Jay was a guest on Episode 214 of the show and it was a popular show and I received a lot of great feedback.

Most importantly, I learned a ton from the interview!

Today, Jay and I tackle the actual process of analysis. If you have student loans, Jay gives you the step-by-step action plan for what you need to do in order to analyze your options.

We're also launching Jay as the newest sponsor of Radical Personal Finance. He's a perfect fit for a sponsor and I think he'll be able to serve you in some really wonderful ways.

Listen to the show. Then:

1. Subscribe to the Student Loan Show in iTunes: http://rpf.link/SLSiniTunes
2. If you have student loans, sign up for a consultation with Jay using the special discount code here: http://www.studentloanshow.com/radical/

Enjoy the show!

Joshua

Ever wondered about the basics of estate planning? Today's show is a simple overview of the major estate planning documents.

We talk about wills, living wills, and powers of attorney and discuss what they mean and why they're important.

This is not a technical deep-dive; this is a light and friendly overview.

Enjoy the show!

Joshua

• Do you have a question you'd like me to answer about estate planning? Ask me here! http://rpf.link/1RBBZIW
• Support Radical Personal Finance on Patreon! http://www.radicalpersonalfinance.com/Patron

Many of us are focused on the primary goal of transitioning from work that doesn't suit us to work that does. After all, if we can solve the work conundrum, our lifestyle can be massively improved even if we're not yet rich!

My guest today is Jeff Goins and he has blazed the trail ahead of us and has successfully made the transition to a career he loves.

Even better, he's written a book on how you can do the same thing!

Enjoy the interview and the learning!

Joshua

• Jeff's site: www.GoinsWriter.com
• Jeff's new book, "The Art of Work: A Proven Path to Discovering What You Were Meant to Do" http://rpf.link/1NuuFzu
• Interested in writing a book? Connect with my personal publishing coach, Patrick Snow, and chop months off of your learning! Browse his information at www.ThePublishingCoach.com or text him at 206-310-1200 for a complimentary 30-60 minute consultation.
• If you're going to transition from a steady paycheck to work you love, you must be the master of your budget! Start by using the YNAB software. Get a free 30-day trial here: www.RadicalPersonalFinance.com/YNAB
• Support Radical Personal Finance on Patreon! www.RadicalPersonalFinance.com/Patron

It happens to so many people: your car breaks down at an inconvenient time and you're facing a massive repair bill. The stress starts to mount and you find yourself wondering--should I just go out and buy a new one?

Or, sometimes worse, you feel like every other week you're flushing money down the drain to fix your car and you're getting tired of it. Feeling totally frustrated, you're tempted to trot out and assuage the headache with a new car.

Should you do it?

How should you try to assess your options and make the decision?

That's the question I tackle in today's show.

Listen in and let me know what you think!

Joshua

• Interested in publishing a book? Call the Publishing Doctor first! Check out www.thepublishingdoctor.com and text Patrick for a complimentary consultation: 206-310-1200
• Are you searching for a financial advisor? Start your search here: www.radicalpersonalfinance.com/paladin
• Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/patron

I had the opportunity to connect with JD Roth, one of the most well-known personal finance bloggers in the industry while I was in Charlotte, NC at #FinCon15.

We had a great interview.

We talked in detail about JD's personal story with finance and how he set out to Get Rich Slowly--and wound up getting rich fast.

We also talk about the great things and not-so-great things that resulted from the journey!

Enjoy the interview!

Joshua

• JD's current project: www.MoneyBoss.com
• You Need a Budget! Try out this software and see how you like it: www.RadicalPersonalFinance.com/YNAB
• Looking for a Financial Advisor? Start your search here: www.RadicalPersonalFinance.com/Paladin
• Support Radical Personal Finance on Patreon! www.RadicalPersonalFinance.com/Patron
• Is public schooling the largest industry in the world? https://youtu.be/ws4a-GMQ1MI?t=1h13m33s
• How much money does the United States spend on public elementary and secondary schools? http://nces.ed.gov/fastfacts/display.asp?id=66
• The real cost of public schools: http://www.cato.org/publications/policy-analysis/they-spend-what-real-cost-public-schools

Today I'm sharing with you the audio from the live conference call I recently hosted for all the Patrons of Radical Personal Finance.

This was a super-fun experience for me! Having the live interaction was fun. Topics included:

• social capital
• entrepreneurship
• long-term care insurance
• investing
• career development
• and more!

Enjoy!

Joshua

• Sponsor: Interested in publishing a book? Call my publishing coach, Patrick Snow, the Publishing Doctor! Start at http://thepublishingdoctor.com and then text Patrick at 206-310-1200 for a complimentary consultation!
• Sponsor: You Need A Budget! Use the same software that I use to manage my personal budget! http://radicalpersonalfinance.com/YNAB
• Support Radical Personal Finance on Patreon! http://radicalpersonalfinance.com/patron