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Welcome to the twenty-sixth episode of the Create My Independence Podcast. In the twenty-fifth episode, we talked about the advice I would give to two of my closest friends on money and business (but can’t). If you missed it and want to get in-the-know on all of that, head back and listen to that episode.

In today’s episode, I’m honored to have Joshua Sheats, from The Radical Personal Finance Podcast, on the show. I met Joshua last month in Dallas at the Podcast Movement and we instantly hit it off. We discussed money, business and life and he got me excited about personal finance again. Joshua has worked as a financial planner and has help many people personally with their finances, which gives him a very unique viewpoint as a personal finance podcaster. In today’s episode, he shares his story of how he got into that industry and what it’s helped him learn. He now has a new viewpoint on finances. He believes that there is no one way to do things, but rather, there is a unique way for all of us.
Joshua also talks about mistakes he’s made financially as well as things he’s done right. At the end of the episode, he shares with us why he believes that starting a business can be the answer to MANY financial struggles and difficulties and why he’s decided to do it in his own life.
Here is What We Talk About in This Episode
- His background in the financial planning industry and how he got into it
- What he’s learned from working with many clients personally throughout the years
- His thoughts on personal finances and how there isn’t just one way to do things (but rather there IS A WAY for each of us uniquely)
- Some blogs he shares (www.bumfuzzle.com) and (http://www.familyadventurepodcast.com/)
- His thoughts on entrepreneurship (Hint: they align VERY well with mine)
Listen in to get all the good stuff and make sure to check out his site, Radical Personal Finance, and subscribe to his podcast (here’s a link to his show on iTunes).
Also, here’s a link to the episode on his podcast where he interviewed me (which was just a few days ago). Enjoy!
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Thanks so much!
I look forward to coming along with you on your walk, run, bike ride and/or drive to work this week!

Just found the podcast thanks!Been lookin for something else to dig into lately
AG,
Hope you enjoy it. He’s got some really great episodes, especially at the beginning. Here are a couple of my favorites:
RPF 0003 – Book Review and Commentary on “Early Retirement Extreme – A philosophical and practical guide to financial independence” – http://radicalpersonalfinance.com/episode3/
RPF 0009 – Why Your House is a Terrible Investment – Interview with James Collins from jlcollinsnh.com – http://radicalpersonalfinance.com/rpf-0009-why-your-house-is-a-terrible-investment/
A great interview Kraig and just about the right length as well.
I really agreed with Joshua’s point that people don’t want to just sit around all day or play golf 7 days week. What we want is the option to do those things if/when we want to, and to do other things if/when we want to. Early Retirement isnt about wasting your time all dya, but about having the security and options to choose what you want to do.
Thanks for posting it Kraig.
ERG,
Yes, it’s not about retirement so that we can sit around. It’s about finding purpose and balance, so we aren’t stuck and forced to be inside on a nice day when we’d rather play golf.
Hope you have a great weekend, man.
Interesting interview. I know for certain that I could not sell whole life, sell high ER, front load mutual funds and the like. I know when your income depends on something you can justify almost anything. Many people simply do not want to learn and understand about financial products and investing. They by nature will be less efficient and are OK paying for things others may not.
I know many times I think something is “right” and later find out I was very wrong. No absolutes that is for sure.
Thanks for the informative update. Maybe next week I’ll lease a car, buy whole life and dump my index mutual funds. Who knows what next week will bring. 🙂
Haha, Love it. Yes, there just are no absolutes. I think that’s the main takeaway from this conversation.
Have a great weekend, my friend.
Listened to the podcast today and especially enjoyed the part about opportunity costs. Every decision we make about how we spend our money and time has opportunity costs, and over the years it’s the cumulative effects of those decisions that creates the current state of our lives.
This was a really good show, Kraig. Great interview. I’ve added Joshua’s podcast to my listening list. Your trip to Podcast Movement is really paying big dividends for me (Thanks!)
Hi Rich,
Great to hear from you. I appreciate it. Joshua is always fun to talk with. Glad it was of value to you.
My trip is paying off for you? Would love to hear more about what exactly you mean by that.
Talk soon!
I have been listening to you since day one and I wanted to let you know that you have inspired me to start my own podcast show. I am truly new to all of this stuff and have recently (this year) began my website/blog negativetopositivenetworth.com I am excited and scared at the same time but am up for the challenge to learn and begin to produce my own podcast. Keep up the good work and who knows some day we may meet up at one of those conferences.
take care
Hi Michael,
Thanks for being a loyal listener. I really appreciate your support. You’re the reason I’m doing this.
So glad to hear I inspired you to get your own podcast started. Let me know if I can help you in any way.
Talk soon!
Wow, great interview. Joshua’s comment regarding the many paths to financial independence is right on. I especially loved the mention of financial independence after six to ten years of work. It can be done! Good luck spreading your alternative ideas guys.
Ed