Radical Personal Finance

Latest Episodes:

714-Friday Q&A: COVID-19 Update, Positive Thinking, Working Class Mentality vs. Rich Mentality, Ethical Problems, Market Participation, etc. Mar 27, 2020

Show notes

It's Friday! In today's Q&A show we cover:

1:00 Joshua's predictions on COVID-19
17:32 How to be positive during COVID-19
27:00 How to walk away from a working class mentality and adopt a rich mentality
52:12 Is it ethical for me to take unemployment insurance?
1:03:13 Is this a good time to go into the market?

Enjoy!

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Private consulting is $150 off. Email joshua@radicalpersonalfinance.com with coupon code MARCHMADNESS
All courses are 20% off with code "CORONAVIRUS" at https://radicalpersonalfinance.com/store
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Short Update: Courses, Consulting, and What a Man Really Needs Mar 25, 2020

Show notes

Quick update:

I'm available for private consulting. Hourly rate is discounted from $400 to $250 until the end of March with code MARCHMADNESS Email me: joshua@radicalpersonalfinance.com
Courses are 20% off with code "CORONAVIRUS" at www.radicalpersonalfinance.com/store and at www.radicalpreparedness.com

"To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest. Otherwise, you are doomed to a routine traverse, the kind known to yachtsmen who play with their boats at sea… "cruising" it is called. Voyaging belongs to seamen, and to the wanderers of the world who cannot, or will not, fit in. If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about.

"I've always wanted to sail to the south seas, but I can't afford it." What these men can't afford is not to go. They are enmeshed in the cancerous discipline of "security." And in the worship of security we fling our lives beneath the wheels of routine – and before we know it our lives are gone.

What does a man need – really need? A few pounds of food each day, heat and shelter, six feet to lie down in – and some form of working activity that will yield a sense of accomplishment. That's all – in the material sense, and we know it. But we are brainwashed by our economic system until we end up in a tomb beneath a pyramid of time payments, mortgages, preposterous gadgetry, playthings that divert our attention for the sheer idiocy of the charade.

The years thunder by. The dreams of youth grow dim where they lie caked in dust on the shelves of patience. Before we know it, the tomb is sealed.

Where, then, lies the answer?

In choice. Which shall it be – bankruptcy of purse or bankruptcy of life?"

713-Friday Q&A (Please Listen! SERIOUS Financial Concerns Discussed & Analyzed) Mar 20, 2020

Show notes

It's Friday! We have a Q&A show today. But please listen. My economic concern continues to grow and I want you to be prepared for what could happen economically in the future. It's very serious.

1:15 I have a family member stuck in Costa Rica. How do they get home?
4:10 I'm about to get a tax refund. What should I do with the money?
33:05 Should I be working in California or Spain at the moment? How can I profit from the current crisis?
52:25 Why should I have thousands and thousands of dollars of physical currency available to me right now?
1:16:15 How can I properly integrate a Dave Ramsey portfolio into my life?

712-Don't Fight the Seas, Simply Change Your Goals Instead Mar 19, 2020

Show notes

Your goals can be changed in an instant; the seas cannot. It's easier to simply change your goals than the seas ahead.

Joshua

711-Understanding the Rough Economic, Fiscal, & Monetary Waters Ahead Mar 18, 2020

Show notes

710-Where Do We Go From Here? (COVID19) Mar 15, 2020

Show notes

Perhaps, like me, you're having a hard time getting your brain to accept what you're seeing around you and on the news and you're trying to figure out what's going on.

In working through this problem, I decided to chart out my Best-Case Scenario and my Worst-Case Scenario for both the medical problem of the COVID-19 pandemic and the economic outlook.

I figured I might as well turn the microphone on and let you listen in.

I hope it's useful.

Joshua

709-Friday Q&A: Rentals, Down Payments, Refinancing, Career Transition, Quitting Job Right Now, Tax Loss Harvesting, EU Citizenship, 401(k) Loans, Nomad Living, Prepping and Keto Diets, Etc. Mar 13, 2020

Show notes

It's Friday! Time for Q&A. In today's show we cover:

1:30 - How should I prepare for buying rental real estate in 2 years?
10:40 - Should I contribute to retirement savings while saving a down payment?
13:15 - Should I use a Roth IRA to accumulate a down payment?
18:00 - If I refinance my mortgage to get lower rates, what should I do with the money?
26:15 - How can I make the transition from a lucrative career to a side hustle?
45:45 - Should I quit my job right now, given the recent changes in the economy?
51:15 - Can I do tax loss harvesting with two index funds?
54:05 - My wife is a French citizen. Should I also pursue French citizenship?
1:01:00 - How do I know when it is time to buy a stock?
1:03:10 - Should I take a 401(k) loan to set aside for potential opportunities?
1:14:30 - How can I become freer and richer by setting up a nomad lifestyle?
1:47:20 - How can I prep and build food storage while maintaining a Ketogenic diet?

Enjoy!

Joshua

Buy my courses: https://radicalpersonalfinance.com/store
Get my prepping class: https://radicalpreparedness.com
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708-Warning: Don't Let My Optimism Lead to Your Inaction (Coronavirus) Mar 12, 2020

Show notes

I woke up this morning and felt like I've been overly optimistic in my tone recently. I genuinely feel optimistic, but that's not because I don't think the situation is very dire. It is. In today's show, I try to share with you why I feel optimistic but I seek to give you a stern warning not to let my optimism lead to your inaction.

Joshua

707-Thoughts on COVID-19 Events du Jour Mar 12, 2020

Show notes

Quick interim show to share a few of my thoughts on the emerging COVID-19 events.

Fascinating study in human psychology going on now. Pay attention!