Welcome to Radical Personal Finance, a show dedicated to providing you with 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.

My name is Joshua, I'm your host and today I'm going to share with you yet another of

the many things that over time I have realized I was wrong about previously in today's

topic is specifically the topic of having and maintaining a vacation home.

Now thankfully this one is more of one of those intellectual, I was wrong, I didn't understand

previously rather than having had a big impact on me.

But it has affected my own personal goals and let me tell you very quickly what I mean.

When I was younger I observed that many people had vacation homes.

From time to time I was fortunate enough to be invited to the vacation homes of some of

my friends, my family, personally we never had a vacation home, we were not at that level

of economic existence, but I was fortunate to be invited from time to time to a few of

my friends vacation homes and in that process I thought about vacation homes, I thought

about money in my own goals and things like that and I asked myself would I want to have

a vacation home and I came to the very clear opinion that I would not want to have a vacation

home.

I still remember an anecdote that I read in some random book talking about money and stuff

etc and who knows perhaps it was an apocryphal story or if it was exactly sighted I simply

don't know.

The guy was a wealthy guy getting on to it was a Friday afternoon, he was a wealthy guy,

he was getting ready to board an airplane, maybe his private jet to rush down to Florida

...