490-Q&A: Paying for a Seminary Degree with Early Distributions from a Retirement Account, Can I Still Become Financially Indpendent if We Move to Paradise First, Should We Sell Our Rental House or Move Back for Tax-Free Gains, Are Healthcare Sharing Minis

I've been doing a live Q&A series...today we cover these:

  • 1:24 - Can I Pay for My Seminary Degree with Early Distributions from a Retirement Account?
  • 13:30 - Can I Still Become Financially Independent if We Move to Paradise First?
  • 25:45 - Should We Sell our Rental House Two States Away or Plan to Move Back to It In Order to Get the Tax-Free Gains on a Future Sale?
  • 37:45 - Are Healthcare Sharing Ministries Like Samaritan Ministries Any Good?

Joshua

 

Continue Reading...

489-Lessons From Las Vegas: A Few Practical Ways You Can Prepare For Being Involved in an Active Shooter Scenario

As we all watch and process the mass shooting in Las Vegas this weekend, I thought it would be appropriate to share a few lessons learned.

I always try to process an event like this with an eye towards the lessons I can learn.

The tactical situation in Las Vegas was impossible. I don't think you could imagine a worse situation to be in as a concert-goer. An absolute nightmare.

But, I do have a few thoughts that I think can help. And since I don't hear anyone sharing anything practical, here are my suggestions.

If you have additional practical, actionable ideas, I'd love to hear them.

Joshua

Continue Reading...

488-Q&A: What Should I Do With a Large Bonus, How Can I Counsel a Young Lady Who Is Using Her Earnings to Support Her Poor Mother

I'm hosting a special Q&A series this week which is open to the entire listening audience.

Today we tackle:

  • What Should I Do With a Large Bonus?
  • How Can I Counsel a Young Lady Who Is Using Her Earnings to Support Her Poor Mother?

If you'd like to call in for tomorrow's show, here are the details you need to know.

Joshua

Continue Reading...

487-Friday Q&A: Should I Use a Whole Life Insurance Policy as My Retirement Bridge, Should I Concentrate All of My Investment Accounts With One Manager

On Friday's, we do Q&A for our Patrons! Today, we cover:

  • Should I Use a Whole Life Insurance Policy as My Retirement Bridge?
  • Should I Concentrate All of My Investment Accounts With One Manager?

Joshua

Continue Reading...

486-Ignore the Republicans...What Do You Think Is the Right Approach To Income Taxation and Why?

I feel like I owe it to you to keep you semi-current on the state of tax policy in the USA. But, it's too early to have any serious details about the current Republican proposals.

I thought instead we could have a useful philosophical discussion about taxation. My challenge to you today is to answer these questions, for yourself.

  • Do you believe that a civil government has the moral right to tax an individual's income? Why or why not?
    • Do you believe that the US civil government has the constitutional right to tax an individual's income?
  • If you believe that a civil government does have this right, how much of a person's income can they claim? What's the right number and how would you know?
  • Do you believe that everyone should be required to pay income taxes?
  • Do you believe that some people should be treated differently than others and so be ordered to pay a different rate of income tax than others? Why or why not?
    • If so, how would we determine who should be treated differently...
Continue Reading...

484-How Should I Handle a Sizable Gift From My In-Laws?

Today's question involves a generous financial gift from an in-law. How should this listener handle it to make sure it's a blessing and not a curse?

Joshua

Continue Reading...

483-This Too Shall Pass: Keep Pressing Forward

I'm just wrapping up a week and I've been off the mic for all of it due to being sick.

Wanted to share with you a short motivational monologue to encourage you to keep pressing forward in the challenges you're facing today.

This too shall pass.

Joshua

Continue Reading...

482-The Equifax Data Breach: Background, How It Affects You, and the Minimum Steps You Need to Take to Protect Yourself

Today we tackle the Equifax security breach. This is the most damaging release of personal information ever. And you need to take it seriously.

You must assume that you have been affected. At this point, I see no reason to even trust the official Equifax website. Here's why.

Continue Reading...

481-Where Should I Keep My Emergency Fund?

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.

Enjoy the show!

Joshua

Continue Reading...

How we Fared in Hurricane Irma (personal)

Hey Radicals!

Thank you to so many of you who have inquired of our health and safety following Hurricane Irma.

Here's my personal report for you!

Short version: we are well. :)

Joshua

Continue Reading...
Close

50% Complete

Two Step

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.