He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence. I was inspired to do this show by watching a recent conversation thread in the RPF Facebook Group about where to store your emergency fund. I thought it'd be fun to share with you the things I think about with regard to emergency fund storage. That's a pretty good indicator that recession is in our future.
The tagline I created for Radical Personal Finance is this: " Little by little I've been breaking this down for you and today we tackle the "financial freedom in 10 years or less" part. I believe that, no matter where you're starting from or what your current financial condition, you can build a plan to achieve financial freedom in 10 years or less.
And, in today's show, I defend that statement to you. On episode of the podcast I interviewed Mr. Money Mustache. That episode was not intended to be an introduction to his teaching or his philosophy; rather, it was a human interest discussion with the man himself. What is mustachianism? What is the plan for financial independence espoused by Mr.
Money Mustache? As a--ahem--more practical follow-up to yesterday, here is my advice for a listener on how to buy a used car. My guest today is Daniel Crosby. Daniel is a behavioral economist and he has applied his expertise to the question of investing. One of the greatest challenges investors face is managing their own behavior. Daniel has studied this problem extensively and has formulated specific recommendations to help investors manage their psychology and manage their behavior. On today's show we go back years to see what lessons for wealth we can learn from Benjamin Franklin.
This show is an audio recording of Franklin's essay, "The Way to Wealth. Well, one way to make budgeting matter is if your budget categories actually help you to understand what's happening with your money.
Today, I walk you through some of my personal budget categories and explain how they impact my spending decisions. I don't think you'll find these budget categories in any pre-existing software. But I do think they'll be really useful to you! Any one of these strategies is useful. But the real power comes when you implement all three of them. 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. Divide by ten. This, less any inherited wealth, is what your net worth should be.
As we ate, I tried to lay out a few paths on how he could become financially free based on his current work. So, you get to listen in as I tell him--and you--how any normal person can use a live-on-the-job opportunity as a trampoline to bounce them into the upper tiers of financial abundance.
This interview isn't about the nuts and bolts of Mustachian philosophy or on how to become financially independent in a few short years; those topics have been well covered elsewhere. This interview is about his current life, current projects, and things he's excited about at the moment.
Today we tackle the Rule of 72 with a quick explanation of what it is and why it's useful to you. So today, I wrap them up. OwlTail only owns the podcast episode rankings. Copyright of underlying podcast content is owned by the publisher, not OwlTail. Audio is streamed directly from Joshua Sheats servers. Downloads goes directly to publisher. Rank 87 in Investing category. Read more. Share this podcast:. Excited to continue making my way through the episodes. Thanks Joshua! Have listened to about 30 hand picked episodes. Thank you for you candor and invaluable information.
All positive vibes here. You have improved my life and future with your well thought out information. Radical Personal Finance Latest release on Aug 14, Enjoy the show! Joshua www. Sep 13 1hr 36mins. Rank 2: How to Prepare for the Coming Recession. So, today I want to tell you how to prepare for the coming recession. And do. Sep 03 1hr 13mins. Jul 01 57mins. Rank 4: Mustachianism The Philosophy of Mr. Today, I introduce you to the philosophy and teaching: the message. Joshua Start your search for a great financial advisor here: www. Mar 20 44mins.
Rank 5: How to Buy a Used Car. Feb 22 1hr 2mins. Joshua You're Not That Great! Aug 09 1hr 10mins. Daniel Crosby 48 Eps. Mar 26 28mins. Benjamin Franklin 63 Eps. What's the point of budgeting? Isn't it supposedly supposed to help you get richer? Jan 09 1hr 15mins. Here's the complete answer that you need to know if you should pay off debt or invest. Nov 08 40mins. Rank Lifestyles of the Frugal and Obscure. Joshua If you're interested in learning how to borrow money safely and never paying interest with credit cards, go buy my new course!
Oct 18 45mins. I've Reached F. What Now? I'm F. I'm Now an Empty Nester. Should I Buy a House for Security? I'm In Graduate School. Should I Get Life Insurance? Sep 19 2hr 7mins. Rank Three Ways to Save Money. Today we cover the three basic methods to save money: Buy it cheaper Make it last longer Use it less Any one of these strategies is useful. Listen to the show to understand why! Start tracking your money with YNAB: www. Jan 08 29mins. Rank You Bought a Pickup Truck?
You Idiot! Flipping through my feed and I cannot believe what you just did. You idiot! Feb 21 26mins. Don't wait. The first two weeks of December are your golden time for your year-end review process. Details in the show! Dec 01 20mins.