626-Friday Q&A: Capitalism vs. Communism, Umbrella Liability Insurance, Buying a House While in Debt, etc.

Radical Personal Finance

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

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 15 February 2019

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

1:45 - Is it moral to support the current capitalist system of economics?

32:20 - How can I figure out how much umbrella liability insurance to purchase?

39:00 - Does having a higher umbrella liability insurance policy make you the target of a lawsuit?

46:05 - I want to buy a house but I'm in the middle of paying off debt (on Dave Ramsey's Baby Steps plan). Should I pay off the debt first?

Transcript

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0:00.0	Today on Medical Personal Finance, show dedicated to providing you with the knowledge, skills,
0:22.4	insight and encouragement you need to live a rich and meaningful. Finance a show dedicated to providing you with the knowledge, skills, insight, and
0:23.0	encouragement you need to live a rich and meaningful life now while building a plan for
0:26.5	financial freedom in 10 years or less. My name is Joshua, I am your host and today
0:31.4	we host a live
0:32.5	Q&A show. It's just like the radio, got open phone lines,
0:36.0	callers waiting on the line, I open up the mic and we chat
0:39.3	about any topic you desire.
0:43.0	At the moment I do not record these shows on a specific daily schedule for example I don't record them on Friday at 8 o'clock in the morning or anything specific like that
0:59.4	But if you will watch your podcast feed and or my Twitter account,
1:03.0	Twitter of course is Twitter.com slash Joshua Sheets.
1:05.6	If you will watch those two resources,
1:07.4	I usually put them out.
1:08.4	So of course, this particular show,
1:10.5	I have advertised in a, I've advertised on the podcast feed to listeners that's how these
1:17.1	listeners got on the line and I also work hard to do these shows regularly for
1:21.5	patrons of the show so of course you can join at patreon.com find radical personal finance
1:25.5	and that's how you get access to these calls.
1:27.2	But I would love it if you would call in to the next show.
1:29.6	I always enjoy fielding listener questions, taking listening comments,
1:33.0	and so I hope that you enjoy these.
1:34.4	I've always had good feedback from the audience
	...

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