Welcome to Radical Personal Finance, a show dedicated to providing you with knowledge, skills,

insight, and encouragement you need to live a rich and meaningful life now while building a plan

for financial freedom in 10 years or less. My name is Joshua Sheets. Today on the podcast,

I would like to share with you a short audio excerpt from some of the classes that I have

been giving at the RPF Academy. So at RPF Academy this year,

I have been walking through a comprehensive personal finance curriculum. We began in November,

and throughout this entire year, I have been teaching a weekly class, and the class basically

covers every aspect of financial planning, both personal finance things as well as technical

financial planning.

And so the class has been great, had a great response, has been keeping me very, very

busy, and I am thrilled for that.

And it's been just a great experience.

Over the last weeks, we have been steadily going through part of the module on increasing

income. It should be no surprise to you that I believe that the single most impactful thing that

you can do to improve your financial results is to increase your income. It is the one thing that you can do that allows

you to both spend more money and to invest more money so that you become wealthier. And it's the

most impactful thing that allows you to save a lot of money so you become richer faster.

Once you acquire a lot of money and you have large amounts of assets that you are managing,

then the most important thing that drives all of your financial results is the rate of return

that you earn on your investments.

But prior to that, the key factor that determines your financial results is how much you earn.

And so I'm not sure that increasing income should be 80% of what we talk about in financial planning.

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