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Radical Personal Finance

Out & About: Pt 2 of Joshua's Interview on "The Voluntary Life" Podcast with Jake Desyllas

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

🗓️ 30 July 2015

⏱️ 31 minutes

🧾️ Download transcript

Summary

I'm not able to record and release a show for you today so I'm releasing an interview that I gave on the Voluntary Life podcast with Jake Desyllas regarding Tax Strategies and Financial Freedom.

This is Part 2 of a 2-part series. The interview was originally released on June 21, 2015.

Enjoy!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the voluntary life, where you can hear ideas for finding freedom in an unfree world.

0:10.0

Visit the Voluntary life.com to connect with the show and hear all past episodes.

0:15.0

Here's your host, Jake.

0:17.0

Hi, it's Jake here. Welcome to the Voluntary Life.

0:21.0

This is part two of an interview with Joshua Sheets, who is the host of the radical personal finance podcast.

0:27.0

Joshua and I are discussing how to think about tax, both for

0:33.0

for entrepreneurs and employees, and for anyone interested in gaining more financial freedom.

0:36.0

In the first part of the interview,

0:38.0

we talk mainly about employees,

0:40.0

and in this episode,

0:42.0

we go on to talk about tax and entrepreneurs.

0:45.0

So here's part two of the interview.

0:47.0

We talked a while there about issues relating to employees

0:51.0

and thoughts about using tax-deferred accounts as an employee.

0:54.5

But you did say that you had some thoughts about the tax strategy and entrepreneurs, and I wanted

0:59.0

to give you a chance to share any thoughts that you have about that. I really appreciate what you're

1:04.0

saying about the opportunities for entrepreneurship in terms of wealth

1:07.2

creation. I totally agree with that. I mean there are definitely limits to what you

1:11.3

can do as an employee and although entrepreneurship is a lot scarier for some

1:16.0

people to consider it's the opportunity for generating wealth it has way way more power than

1:21.9

being an employee but there is a question of

1:23.9

tax too so what are your thoughts about tax strategy for entrepreneurs?

...

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