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Radical Personal Finance

719-How to Have a Low-Cost Adventure in the Midst of a Financial Depression

Radical Personal Finance

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

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 21 April 2020

⏱️ 65 minutes

🧾️ Download transcript

Summary

Think you can't have a traveling adventure simply because you don't have any money? Well, if you think you can or you think you can't, you're right. If you'll adjust your mindset a bit, you can head out on a traveling adventure right now.

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

0:08.0

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

0:11.0

My name is Joshua, I am your host, and today we're going to talk about how to have a

0:14.4

low-cost adventure in the midst of a financial depression. I was going to start with in the midst of depression,

0:22.2

but obviously I'm talking about a financial depression.

0:25.3

Yes, it's a strong word, but I don't think it's in this case unwarranted given the current economic

0:30.1

crisis that we are all living through. But last week I was feeling a little

0:35.2

bit depressed and as I was just kind of going through this I just I just I

0:40.8

have that sensation that you've probably had as well like I am done I'm done

0:46.0

with the whole thing I'm sick and tired of not being able to plan for the future

0:50.8

because you simply do not know what the future

0:54.0

holds.

0:55.0

Now thankfully I have it easy.

0:57.0

And I'm very well aware of that.

1:00.0

My heart just hurts for so many people who have things much harder than I do

1:05.1

but even though I have it easy it still is starting to get to me just tired of it tired of it and it's not so much the daily circumstances.

1:14.2

We're used to homeschooling, that was a common.

1:16.8

We were already homeschooling before this.

1:19.2

We're kind of home bodies, I work from home.

1:21.5

The main difference right now is I don't have my nice quiet office and so you'll usually hear that in the in the background. You hear my children a little bit more these days than you once did. But the biggest thing is I can't plan for the future because you don't know what it is.

1:35.4

And I find that really frustrating.

1:36.9

I find it frustrating to not be able to know, okay, well, when our airline's going to start flying?

...

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