I’m on the road today so the show is a little different. Today I have a very short essay for you on the importance of choosing your hobbies carefully. No yelling. No prescriptions of exactly how you need to do it. Just some gentle encouragement!
Sep 26, 2014•18 min
I’m on the road today so the show is a little different. Today I have a very short essay for you on the importance of investing in your health. No yelling. No prescriptions of exactly how you need to do it. Just some gentle encouragement!
Sep 25, 2014•4 min
I’m on the road today so the show is a little different. Today I have a very short essay for you on the importance of investing in your marriage. No yelling. No prescriptions of exactly how you need to do it. Just some gentle encouragement!
Sep 24, 2014•10 min
I’m very, very interested in strategies that work to help people build better lives for themselves in every way. One major area of interest to me is simply opting out of the confiscatory tax regime of the United States. I’m not an expert on this area, so I’ve brought you today an interview with Andrew […]
Sep 23, 2014•1 hr 6 min
I’m often asked what I really think about Dave Ramsey and his work. And I’m generally fairly slow to answer the question simply due to my desire to focus on things that I love that are positive rather than being negative or critical. But, I’m aware that this is a continual question. And while being […]
Sep 22, 2014•1 hr 9 min
Today’s show is live from #FinCon14! And, it’s an answer to a listener question. Here’s the question from a listener named Jeff: Hey Joshua, I have been listening to your podcasts ever since I found them a few weeks ago. Here is my question for you. Do you think I should pursue earning a financial […]
Sep 19, 2014•39 min
It’s not easy to retire early. But it’s also not necessarily complicated. In many ways, there’s a well-worn path to success and our guests today are a good example of one way that works. Jeremy and Winnie set out on a ten-year plan. Living in Seattle, they worked in the tech industry, lived frugally, and […]
Sep 18, 2014•1 hr 12 min
I’m on the road today so the show is a little different. Today I have a very short essay on the importance of tracking your time and some tips to help you set up a system that will work for you. This is episode complements the recent discussion of tracking your money. I hope you enjoy!
Sep 17, 2014•12 min
I love adventure and really love to hear adventure stories from people who have gone out and fully embraced a unique adventure. I’m especially interested in how to fund these adventures. My new friend Erik Hemingway, the host of the Family Adventure Podcast tells a great story and spills the beans about how he and his family […]
Sep 16, 2014•1 hr 25 min
I’m on the road today so the show is a little different. Today I have a very short essay for you on the importance of tracking your money and some tips to help you set up a system that will work for you. No yelling. No prescriptions of exactly how you need to do it. […]
Sep 15, 2014•10 min
Today I’m going to share with you one important question (and four follow-ups) that have really helped me in my own life and in my past work with clients. Also, I share two errors I made recently that I need to correct. Details in the show! A Powerful Question (originally from Dan Sullivan’s Strategic Coach […]
Sep 13, 2014•43 min
What would you do if you were $25,000 in credit card debt, unemployed, and had $200 to your name? Would you go get a job or would you start buying and selling stuff on Craigslist to dig out of your hole? Our guest today is Ryan Finlay. He found himself in exactly the same situation […]
Sep 11, 2014•1 hr
Wednesday was a sick day around the Sheats household and RPF HQ! But, I wanted to still bring you a bit of thought-provoking audio and today’s excerpt is here! Enjoy this short clip from Tim Ferriss’s interview of Kevin Kelly and check out the links for the full show! It’s an excellent interview! Links: The full […]
Sep 10, 2014•13 min
Today’s show is an interview with David Stein, a former professional portfolio manager and now host of the “Money for the Rest of Us” podcast. We had an amazing conversation and dug into some of the behind-the-scenes information on what the world of professional money management is like. You’ll also be interested in hearing how […]
Sep 09, 2014•1 hr 18 min
Today, we tackle head on the myth that financial plans should be the same for all people. They simply shouldn’t. But we’ve probably all swallowed that line to some degree or another. I was inspired by Friday’s show at how many unique variables and plans could be developed. So I sat down and made a list […]
Sep 08, 2014•1 hr
We have a really fun question from a listener today! Essentially, it’s this: I’m 35 and I don’t like my job…I have a $1,000,000 and I want to retire but no one can agree on whether I can or not! Tune in to hear my answer–it’s probably not what you think! Links: The original Trinity […]
Sep 05, 2014•1 hr 21 min
I’m thrilled to bring you today’s interview with John Pugliano. John has followed the prudent path of the Millionaire Next Door–starting with nothing and becoming rich over a couple of decades by working hard, living frugally, and investing wisely. This is a path that is repeatable by most people in our Western societies. John came […]
Sep 04, 2014•2 hr 1 min
Many people today have no idea how the tax return works. This is probably because many people today (including me) use either a computer program or an accountant to prepare their tax returns rather than calculating it by hand. This is probably much faster and more accurate but, in some ways, it’s a loss because […]
Sep 03, 2014•44 min
We’re back from a most excellent three-day weekend with a great interview with my new friend Kraig Mathias from www.CreateMyIndependence.com. I met Kraig in Dallas at the Podcast Movement Conference. We hit it off and I really loved hearing his story. Kraig was living a fairly normal financial life until 2010 when he was inspired to […]
Sep 02, 2014•1 hr 25 min
Today, I answer your questions for the show! And we’ve got quite a mix of questions! How do I adjust my accounting system to handle irregular expenses? (Accrual accounting vs cash basis and double-entry accounting vs. single-entry accounting.) How can I use a Roth IRA for an emergency fund? How can I learn about permaculture? How […]
Aug 29, 2014•1 hr 54 min
Today we have a very special interview to share with you! I’m thrilled to bring you an interview with one of my favorite writers, Pat Schulte. Pat and his wife Ali have a really neat story: Pat and his wife were highschool sweethearts. After college he started working an $8/hr job as a clerk to […]
Aug 28, 2014•1 hr 30 min
Today’s show is an introduction to estate planning. It’s the beginning of many, many shows in a series. I try to give you some basics to frame your knowledge. I also answer these questions: What is the history of estate planning? Does everybody need a will? What happens if I die without a will? Why don’t people […]
Aug 27, 2014•1 hr 22 min
When people talk about money–especially in the world of success and financial planning–it’s often assumed that more is always better. This is wrong. More is not always better because: The more money you want, the more risk you have to take. The more money you want, the more you have to give up (or pay) […]
Aug 26, 2014•1 hr 33 min
Last week a listener reached out to me and basically said, “I love what you’re doing and I think I’ve got a fun story your listeners might enjoy hearing about!” I read his bio and told him he was right! Today, he’s on the show. Daniel Bernstein: Got a Ph.D. in Computer Science Worked at a […]
Aug 25, 2014•1 hr 11 min
I received an email from a listener named Jason who has a 401(k) with high fees. He asked me what I should do and I gave him a comprehensive answer. Enjoy the show! Links mentioned: Inflation adjusted return formula The actual rate of return of the average investor How to Get Started in Real Estate […]
Aug 22, 2014•1 hr 15 min
I just got back from the Podcast Movement Conference in Dallas, TX. It was a really great conference! It was the first I’ve been to in the new media space. Today’s show is about: Why should we go to conferences in the first place? Major lessons I learned from #PM14 Things I didn’t learn at […]
Aug 21, 2014•1 hr 12 min
It Couldn’t Be Done BY EDGAR ALBERT GUEST Somebody said that it couldn’t be done But he with a chuckle replied That “maybe it couldn’t,” but he would be one Who wouldn’t say so till he’d tried. So he buckled right in with the trace of a grin On his face. If he worried he […]
Aug 18, 2014•3 min
I worked hard on today’s show and I’m excited about it! It’s my plan for how I would become a millionaire with a minimum wage job at Walmart. The show is quite good (I think) but I didn’t have time to properly type up all of the show notes before my trip. (I recorded it […]
Aug 15, 2014•1 hr 14 min
Today’s show is an interview with Dan-O from www.DanoSongs.com. I found Dan when I was looking for royalty free intro music for my show. When I discovered his site, I found exactly what I needed. And, I thought it was neat to find a musician making money off his songs! I thought it would be […]
Aug 14, 2014•41 min
Today we round out major tax strategies #2 and #3. As a refresher, here are the three basic tax planning strategies: Timing (deferring or accelerating taxable income and tax deductions) Income shifting (shifting income from high to low tax rate taxpayers) Conversion (converting income from high to low tax rate activities) Tax rates vary across […]
Aug 14, 2014•46 min