Radical Personal Finance

Latest Episodes:

407-Motorhomes, RVs, Travel Trailers and You: Radical Tips, Ideas, and Good Advice so You Don't Get Taken Jan 06, 2017

Show notes

I think RVs are awesome. In fact, my family just got back from a very fun 2-week RV trip last week!

But, RVs can also be a major money drain. Much like boats, it's easy to overestimate the pleasure you will get from it and underestimate the hassle.

In today's show, I share with you some of my ideas and thoughts on RVs:

Where they work and where they don't
Things to consider and keep in mind before you buy
Advantages and disadvantages of the various types
Tips for buying smart

Enjoy the show!

Joshua

Start your budget for 2017 today! www.radicalpersonalfinance.com/YNAB
Follow through on your financial resolutions by finding a great financial advisor: www.radicalpersonalfinance.com/paladin
Book a consulting call with me: www.radicalpersonalfinance.com/phonecall
Support RPF on Patreon www.radicalpersonalfinance.com/patron

406-My Plans for RPF in 2017 Jan 04, 2017

Show notes

Hey Radicals!

Happy new year!

I was planning to come into 2017 with a bang, but a stomach bug turned the bang into a fizzle for me. Oh well!

You'll be hearing some changes to RPF in coming days. I want you to know about those in advance, so tune in for a quick chat today!

Joshua

405-The Health Insurance Series Part 6: HCSM Wrap-Up, Self-Insurance, Direct Primary Care/Concierge Care, Catastrophic Coverage, Dread Disease/Critical Illness Insurance, Doctors on Call Dec 16, 2016

Show notes

I missed a couple of important points on the previous show on Health Care Sharing Ministries (HCSMs). Today we wrap those points up with a quick discussion of:

catastrophic protection
deductibility
HSA compliance
pre-existing conditions

We also discuss:

Self-Insurance
Direct Primary Care/Concierge Care
Catastrophic Coverage
Dread Disease/Critical Illness Insurance
Doctors on Call

Enjoy!

Joshua

Start your new year off right by mastering your budgeting. www.radicalpersonalfinance.com/YNAB
Support RPF on Patreon! www.radicalpersonalfinance.com/patron
Book a consulting call with me: www.radicalpersonalfinance.com/phonecall

404-The Health Insurance Series, Part 5: Health Care Sharing Ministries (this is how we pay for our health care costs in the Sheats family) Dec 12, 2016

Show notes

Today I tell you why we don't have health insurance in my family and what we do instead! We continue our health insurance series today with a discussion of Christian Health Care Sharing Ministries. Perhaps the Health Care Sharing Ministries shouldn't be in this series because they are not actually health insurance. But, if you're a participant in an approved organization, you qualify for an exemption to the Obamacare tax penalty (for not having health insurance). Personally, I love the concept of these organizations and I have nothing but good things to say about my experience with Samaritan Ministries (which is the one that my family participates in). In today's show I give you a background of these companies and my own experience and opinion of them. There are 5 major options for you: 1. Samaritan Ministries http://samaritanministries.org/ 2. Christian Healthcare Ministries http://www.chministries.org/ 3. Medishare – Christian Care Ministry https://mychristiancare.org/medi-share/ 4. Liberty Health Share http://www.libertyhealthshare.org/ 5. Altrua Health Share http://altruahealthshare.org/ Enjoy the show! Joshua p.s., if you join Samaritan Ministries, please remember to tell them that "Joshua Sheats" sent you so that I can get a small discount!

Start your search for a financial advisor here: www.radicalpersonalfinance.com/paladin
Listen to the Jack Waymire interview here: www.radicalpersonalfinance.com/284
Join our RPF Facebook community! https://www.facebook.com/groups/RadicalPersonalFinance/
Please leave an iTunes review for me! https://itunes.apple.com/podcast/radical-personal-finance/id896153632?mt=2&ls=1
Please support me financially on Patreon. www.radicalpersonalfinance.com/patron
Book a consulting call with me here: www.radicalpersonalfinance.com/phonecall

403-The Health Insurance Series, Part 4: How to Avoid (and Evade) the Obamacare Tax Penalty Dec 06, 2016

Show notes

One of the major burdens that the passage of the Affordable Care Act placed upon us is that we are required by law to maintain health insurance coverage. Or, if we don't, we have to pay a tax penalty.

But, as with most taxes, the Obamacare tax penalty is, in some ways, optional.

In today's show I teach you all of the ways that I know to escape it!

We cover:

How to calculate the tax penalty
What happens if you don't pay the penalty
All of the exemptions that you can qualify for

Enjoy!

Joshua

Book a consulting call with me here: www.radicalpersonalfinance.com/phonecall
Support RPF on Patreon! www.radicalpersonalfinance.com/patron
Please leave a review for my show on iTunes! https://itunes.apple.com/podcast/radical-personal-finance/id896153632?mt=2&ls=1

402-How to Raise Money for your Company Without a Bank or VC! (And Perhaps Find Your Next Big Investment Winner): Interview with Nathan Rose, Author of "Equity Crowdfunding: The Complete Guide for Startups and Growing Companies" Dec 05, 2016

Show notes

If you're building a business, you may reach a point in time at which you need more money to expand your operation than you're currently receiving from your revenues.

Traditionally, this is where you would either go out and solicit more investors to back you or perhaps go and borrow money from a bank.

But, thanks to major changes in the law, there's another option now available to you: equity crowdfunding.

Equity Crowdfunding is a way for companies to solicit investments from individuals similar to how product crowdfunding sites like Kickstarter, et al, solicit sales from individuals.

There are tremendous possibilities here for you as a business owner.

But, don't skip this show if you simply don't own a business.

You may be interested in this topic from the perspective of a business owner! You can participate as an investor with these companies yourself!

Enjoy the show,

Joshua

Get Nathan's Book on Amazon: "Equity Crowdfunding: The Complete Guide for Startups and Growing Companies"
Or get a free sample chapter from his website: http://assembleadvisory.com/book/
Please support me on Patreon! www.radicalpersonalfinance.com/patron

401-Annual Income Goals are for Dreamers; Hourly Income Goals are for You (If You're Serious About Your Wealth) Dec 02, 2016

Show notes

So, you set a goal for your income next year. Great! Good job!

That's a nice place to start.

But it does nothing for you if you don't translate it into an hourly income goal.

Listen to the show to find out why and how.

Joshua

Join the RPF Facebook group! (It's free now!) https://www.facebook.com/groups/RadicalPersonalFinance/
If you'd like to calculate your hourly wage, try this quick little calculator I made: https://docs.google.com/spreadsheets/d/1de4hvloZAoAXJCOsE9DZuRAAeNdO2skAIIxhR6lxGYU/edit?usp=sharing
Please support me on Patreon! www.radicalpersonalfinance.com/patron

400-The First Two Weeks of December Are Crucial For Your 2017 Success Dec 01, 2016

Show notes

I learned the hard way not to wait until the end of December to think about how my past year went and how I wanted my next year to go.

Don't wait.

The first two weeks of December are your golden time for your year-end review process.

Details in the show!

Joshua

Last-minute tax planning ideas for you: https://radicalpersonalfinance.com/last-minute-tax-planning-ideas-to-save-you-money-rpf0121/
Take Michael Hyatt's awesome Life Score Assessment to help give you clarity on your success in 10 areas of your life: http://bestyearever.me/a18455/2017assessment

399-Thanksgiving Greetings and Encouragement Nov 23, 2016

Show notes

Happy Thanksgiving Day, Radicals!

Joshua

398-How to Invest In Your Local Community for Financial Profit and Community Gain: Interview With Businessman and Investor Tim Yarbrough Nov 17, 2016

Show notes

One of the thorny research projects which I'm personally undertaking is to study the most effective ways to invest my money and my life into my local community without passing through the financial services intermediaries.

Friends, it ain't easy.

Our entire world is wired to go through the mainstream banking/investment/etc. industry. And it's not easy to break free.

But, I'm convinced that it is possible.

So, I'm working on it.

And today, I've invited a new friend of mine on the show to explain how he does it.

Tim Yarbrough is an entrepreneur and investor from Alabama who has been in business for over 40 years. He has personally invested in dozens of companies there in his community.

Today, he shares his wisdom from 40 years of experience with you and with me.

Enjoy!

Joshua

Support RPF on Patreon: www.radicalpersonalfinance.com/patron
Book a consulting phone call with me: www.radicalpersonalfinance.com/phonecall

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected