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Radical Personal Finance

977: Why I Left the USA - Part 3, For My Children

Radical Personal Finance

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

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 13 November 2023

⏱️ 63 minutes

🧾️ Download transcript

Summary

Come spend a week with me in Panama working on your international plan! https://expatmoney.com/radical 

Or buy my course and just do it yourself: http://www.internationalescapeplan.com 

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:09.0

My name is Joshua Sheets and on today's show I'm going to continue my series on why I left the United States.

0:15.5

And in this episode, I'm going to share with you the simple fact that a massively important reason

0:21.1

why I left the United States was for my children. I wanted to

0:26.0

plan and prepare so that my children's lives could be better and more protected

0:32.3

and more resilient than my own life.

0:35.8

Being the father of now five children,

0:38.2

I feel this responsibility quite acutely,

0:41.9

that I have a need to protect my children.

0:44.0

Now there are two specific risks that I was most concerned about protecting my children with

0:50.0

and one positive thing, the positive thing that I'll talk more about at the end

0:55.3

is simply that I wanted my children to be prepared for global opportunities.

1:00.6

It seems to me that those who have a little bit of cross-cultural

1:04.8

experience, those who have a little bit of cultural and linguistic dexterity are

1:09.8

more well-prepared for the future that we will live in over the coming decades than

1:16.1

those who don't. But I'll talk about that at the end of the show because the two defensive measures were much more influential for me and still are.

1:27.2

The defensive reason number one is that I wanted to make a plan so that my children wouldn't get drafted and die in a useless and or immoral

1:37.8

war.

1:40.6

When I was worrying about this six, seven, eight years ago, it didn't seem like that much of an issue.

1:47.0

But, as I've stated recently, I believe the best time to plan and prepare for things is long before you ever need them.

1:53.9

If I had made a podcast, six or seven or eight years ago, I think that maybe 10% of people would

1:59.0

have heard my ideas and said, yeah, well, that's probably worth paying attention to,

...

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