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Radical Personal Finance

Would You Be Willing to Live in a Van While in College to Avoid Student Loans? Interview with Ken Ilgunas RPF0038

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

🗓️ 8 August 2014

⏱️ 77 minutes

🧾️ Download transcript

Summary

My guest on today’s program is Ken Ilgunas, author of Walden on Wheels. Ken paid off a “crushing $32,000 of student debt” from his undergraduate education by working odd jobs all across the country and vowed not to go into debt again. While pursing his graduate degree, Ken gained a bit of national notoriety when […]

Transcript

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0:00.0

Radical Personal Finance, Episode 38.

0:03.4

Would you be willing to live in a van

0:05.9

to avoid borrowing money?

0:08.3

My guest today, Ken Il Gunis did that.

0:11.6

He paid off $32,000 in student loans and then chose to live in a van while going

0:16.8

to graduate school at Duke University to avoid going into debt. Welcome to the Radical Personal Finance Podcast for today, Friday, August the 8th, 2014.

0:43.8

Thank you for being here.

0:44.8

I'm glad that you're here with me.

0:46.4

Today's show is going to be an interview show

0:48.4

with Ken Ilgunis.

0:50.3

He's the guy who lived in a van

0:52.2

while going to Duke University and wrote about it and was featured all over the place.

0:55.5

He's written a book about it and today we're going to talk to him.

0:58.5

I hope that you enjoy hearing a little bit about his philosophy and his experiences.

1:03.0

I don't know if that's radical enough for you, but living in a vehicle to avoid borrowing money on student loans.

1:14.8

I like that kind of radicalness.

1:17.3

And today's show is going to be fun.

1:19.3

You're going to enjoy this interview that I've completed with Ken.

1:22.4

This isn't the show that I had planned for today. this planned and I decided what I wanted to do the show on and I was preparing it but then I realized that in order to make it worth worth your while

1:38.1

I needed to do a lot more preparation as far as the numbers and scripted out and really have my points tightened up.

1:43.8

I'm excited about the show.

1:45.4

I'm not going to tell you the subject matter, but I think it'll be, I think you'll like it.

...

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