Joshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.
http://radicalpersonalfinance.com
episode 744: Friday Q&A: Contractor vs. Employee, Negative Interest Rates, Cash, Emergency Escape from Wildfires, How to Pay Down a Life Insurance Loan
Friday Q&A show! Today we discuss:
- 00:30 Contractor status or employee status?
- 31:00 What happens with our money when interest rates go negative?
- 43:21 Is it really a good idea to have lots of cash on hand?
- 1:03:30 How should I set up an emergency escape vehicle to get out of California wildfires?
- 1:17:31 I used a life insurance loan as a down payment for my house; what do I do now?