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Radical Personal Finance

573-Can You Afford to Work Nine to Five?

Radical Personal Finance

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

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 3 August 2018

⏱️ 15 minutes

🧾️ Download transcript

Summary

Not much has changed in 35 years...we still have to do the same calculation.

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:05.0

Insight and encouragement you need to live a rich and meaningful life now,

0:10.0

while building a plan for financial freedom in 10 years or less.

0:13.4

My name is Joshua, I'm your host and today I want to share with you one couple's story

0:18.3

and their answer to a question, namely, can you afford to work 9 to 5 I'm often struck in my own personal perusals as I

0:29.8

enjoy reading older books and older magazines. I'm struck at how little is new.

0:35.3

Truly I think Solomon had it right in most things when he said there's nothing new under the sun.

0:42.3

Much of many of the questions, mention the advice that we receive and give in today's world,

0:48.0

it's not new.

0:50.0

It's just a slightly different variation of what's happened before. I recently was reading a by Mother Earth News and in this compendium of articles I was struck by so many

1:06.1

of the articles and how applicable they were to today's world. The same problems

1:11.4

that people were wrestling with back then are the same problems that certain people are wrestling with today.

1:16.0

I have a soft spot and an interest in reading some of these old Back to the Land stories and even the current back to the land stories

1:24.8

but when I use that phrase I'm referring to the movement that came out of the 1970s and the 1980s

1:29.8

with a fairly broad section of US Americans trying to pack up shop and leave the

1:36.6

urban centers and move out to the country. And it was a movement of mixed success.

1:41.5

There certainly were some people who were able to make a go of it, but there were a lot of people who really failed.

1:47.0

And I think the reason many of them failed was the inability to create an income in a rural context.

1:53.0

It's a problem that people in a rural context frequently face.

1:56.5

And it's a problem I think that has new solutions in today's world.

2:00.8

The challenge is, if you're going to move out into a rural context how are you going to provide a living for yourself

2:06.8

To be able to buy the things that you need to buy the way if you want to be the poorest person in the world just go and become a

...

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