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Radical Personal Finance

350-How to Live a Rich Life Now: The Immaterial Attributes of Riches That You Can Control Today

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 21 June 2016

⏱️ 46 minutes

🧾️ Download transcript

Summary

Radical Personal Finance is "a show dedicated to providing you with the 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."

That's the slogan that I came up with as the unifying theme after creating about 300 episodes of the show.

But, although I've been using this slogan for a while, I've never actually explained each of the statements in that slogan. And they're all important.

Today, I tackle the first part: What does it mean to live a rich life now?

There are immaterial aspects to a rich life and there are also material aspects to riches.

Today we tackle the immaterial.

Enjoy!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Pepsi Max. Christmas is great, but there's loads of ways to make it better.

0:08.0

Like sneaking some chili into the gravy for some extra oint or or build in a playlist that will even get your

0:14.8

none up on the table or just cracking open an ice cold Pepsi Max. Christmas better with Pepsi Max.

0:29.0

Today on radical personal finance,

0:30.0

we talk about living a rich life.

0:32.9

Here's my question.

0:34.9

What is a rich life? Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets and I'm your host.

0:57.0

Thank you for being with me. This is the show where I work hard to provide you with the knowledge, skills, insight and encouragement you need to live a

1:06.1

rich and meaningful life now while building a plan for financial freedom in 10 years or less.

1:11.6

Today we tackle that slogan that I've made up. I begin the process of explaining

1:16.4

what I mean and where it came from. Throughout the course of radical personal finance I've looked for a

1:29.2

tagline a slogan for the show radical personal finance when I chose the name of the show I was pretty satisfied with it because I knew it expressed the thought of what I wanted to express.

1:40.0

But I wanted a way to kind of define it a little bit more and if you're a long time

1:43.9

listener of the show you'll hear me in different episodes struggling for that

1:47.8

tagline I tried all kinds of different things. Ultimately where I settled and I've settled so far, who knows it may change in the future, but I settled on this concept of a rich life now and financial freedom.

2:00.0

And I've been using that slogan for a while without ever particularly doing a standalone show on explaining what I mean for that by that

2:10.4

What I mean by a rich and meaningful life now and what I mean by a plan for financial

2:15.2

freedom and why 10 years or less. I've never really defended those concepts.

2:20.3

And so today I want to expand on what I mean by those words and hopes that it'll be helpful

2:26.1

and useful to you. Because I do believe that they express my goal, my desire, my heart, for how I hope that this content will serve you.

2:36.4

And I think that they'll be very, very useful.

2:38.2

Today we're going to talk about what is a rich life.

...

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