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Radical Personal Finance

574-Trading Your Way Through a Vacation

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

Enjoy the story of this family's quite radical approach to a family "vacation."

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,

0:04.8

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

0:09.7

for financial freedom in 10 years or less.

0:12.5

My name is Joshua, I am your host,

0:14.7

and today I want to talk with you briefly about taking a vacation.

0:19.8

I'm going to share an article with you that I recently read

0:21.8

that I really enjoyed.

0:23.2

But the impetus for this particular show comes from a conversation I overheard in a restaurant

0:28.6

last night.

0:29.8

I was sitting in a restaurant having a little bit of food and I was by myself and I was there I was

0:36.2

listening to the couple or two people at the table next to me talk and one of the the there were two ladies and one of the

0:45.5

ladies was a single mom and she was sharing with her friend about what she's doing

0:49.3

this summer and she she's right now she's working for jobs. She's a single mom. Her daughter is with her with her daughter's grandmother right now for the summer and the mom is using this time where she doesn't have to engage in child care to basically work for jobs and

1:06.0

save as much money as she can and she's working hard to save money and her goal for that money

1:10.8

is to take her daughter on a vacation. Now I of course applaud

1:15.0

that but my heart went out to this mother because she's stuck in the American

1:21.6

rut of spending crazy amounts of money on vacation because of not

1:28.3

being able to think creatively about how to do it. U.S. Americans, as a general rule,

1:36.0

in a very strongly applicable stereotype,

1:39.0

vacation very differently than much of the rest of the world. Now you can vacation

1:45.4

however you want but I don't personally fit in very well to the US American

1:50.3

stereotype. I first learned this number of years ago. I was in college and I was

...

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