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Radical Personal Finance

Friday Q and A: What to Do With $200k of Student Loans, Starting Multiple Businesses, and a Cash Flow Statement Win! RPF0093

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

4.41.9K Ratings

🗓️ 31 October 2014

⏱️ 59 minutes

🧾️ Download transcript

Summary

It’s Friday! That means it’s time for Q&A! Today, I take one comment from a listener and two questions: A listener did their cash flow statement “Joshua’s way” and discovered taxes are the biggest item in their budget!!! How many different business entities do I need if I want to start some sideline businesses? Should […]

Transcript

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0:00.0

Happy Friday radicals.

0:01.7

Today we are going to do Q&A.

0:04.0

I have one comment from somebody who's actually

0:07.4

taking the advice of the show, which just thrills me.

0:10.3

And I have a question, Joshua, have money and time. How do I start a business and how do I account for it.

0:15.0

And Joshua, I've got a bunch of student loan debt.

0:18.0

What do I do? So, Welcome ladies and gentlemen welcome radicals to the radical

0:38.4

personal finance podcast. Today is Friday October 31 2014. Today we're going to have a Q&A show. I anticipate it being fairly

0:46.4

short. I have one comment from a listener and two questions to answer. Of course, you never

0:51.6

know, two questions for me. that could be four hours but frankly this

0:55.2

one I don't think so. I think it'll be a little bit shorter for a couple reasons. Number one, I only have a couple of questions. So those of you who want to get your questions answered on the show,

1:14.0

this is the time to do it.

1:15.7

I anticipate it will become much harder in the future

1:18.6

to get your questions on the show,

1:20.5

but frankly, the show I guess it's not that popular yet I keep

1:23.4

thinking because I keep watching the numbers and I say man I would think I would get

1:27.3

more questions but I've wound up with two voicemail questions called in and then one email question which I'm going to

1:34.2

handle on today's show. So if you want to get your show if you want to get your

1:38.4

question on if you want me to answer your question hopefully I can do a good job

1:42.4

with it and if I can't I'll tell you hey I don't have a clue.

1:45.6

But if you want to get your question on a show like this on a Friday show, come by and leave me

1:49.5

a voicemail on the show page at radical personal finance dot com and I will answer it for you.

...

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