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Radical Personal Finance

986: New Year's Q&A: What Do I Do With a Bunch of Extra Money, Financial Planning for Single Guy, Maintain Privacy with New Business, etc.

Radical Personal Finance

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

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 1 January 2024

⏱️ 186 minutes

🧾️ Download transcript

Summary

On today's Q&A podcast we discuss:

1:35 I'm saving way more money than I need to. What should I do instead?
13:06 I intend to stay single for life. What financial planning should I focus on to take care of myself?
29:13 I want to build an advice business and still maintain my privacy. How do I do that?
40:18 How do I set up a new partnership agreement in my medical practice?
53:08 My wife and I are expecting our first baby. What should we do to prepare?
1:07:25 How do I protect an elderly person's home while applying for Medicaid?
1:18:00 Should I give up an $800,000 income so that we can move to Latin America?
1:43:51 Should we move from Texas to Montana to raise children closer to family?
1:54:02 What's the max amount I can afford to spend on a house?
2:09:55 Should we pay cash for our house by going in a Radical housing direction?
2:43:00 How can I get out of debt?

Enjoy!

Joshua

 

Transcript

Click on a timestamp to play from that location

0:00.0

Today I'm radical personal finance is live Q&A. Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge,

0:20.8

skills, insight and encouragement you need,

0:23.0

to live a rich and meaningful life now,

0:25.0

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

0:27.0

My name is Joshua Sheets.

0:28.0

I am your host.

0:29.0

Today is Monday, January 1, 2024, the first live Q&A show of the new year.

0:35.0

Kicking it off in style.

0:37.0

Thank you for being here with me. each and every Friday here at Radical Personal Finance, when I am able to arrange the technology

0:54.5

we normally do live Q&A.

0:55.9

Those live Q&A shows are available generally the patrons of the show, but I decided to kick off

1:00.2

the show with a special, kick off the New Year with a special live Q&A show something that I really enjoy doing.

1:06.8

Makes it easy for me, you guys call me up, you talk to me about such interesting things, bring up all kinds

1:11.1

of interesting topics and I love doing it.

1:12.8

So if you'd like to join me for one of these future shows, please make sure to become a patron of the show.

1:16.4

You can become a patron at patreon.com slash radical personal finance.

1:19.4

Patreon.com slash radical personal finance.

1:21.4

We begin with haughty in Texas.

1:23.0

Howdy, welcome to the show or is it?

1:25.0

Hotty or Harry?

1:26.0

H-A-R-I, so I figured it was probably a haughty.

1:30.0

How can I serve you today?

...

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Disclaimer: The podcast and artwork embedded on this page are from Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

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