Optimal Finance Daily - Financial Independence and Money Advice

The Mad Fientist on specific identification of shares. Episode 1076: Specific Identification of Shares by The Mad Fientist on How To Reduce Your Tax Burden on Taxable Investments The Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire even earlier. Most personal finance advice is gear...

Mr. Money Mustache shares his thoughts on good times for landlords. Episode 1075: Good Times for Landlords by Mr. Money Mustache on How to Profit from Real Estate Investment & Rental Returns Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked...

Nick True of Mapped Out Money shares what a 4 year old taught him about dreams and money. Episode 1074: What a 4yr Old Taught Me About Dreams and Money by Nick True of Mapped Out Money on How To Follow Your Dreams Nick True is the founder of Mapped Out Money, where he helps you get a grip on your finances and take hold of freedom. His goal is to help you save more, live more, reduce debt, and get...

Chris Mamula of Can I Retire Yet shares his thoughts on conflicts of interest with investment advice. This is part 2 of 2. Episode 1073: [Part 2] The Perfect Storm - Demonstrating Conflicts of Interest With Investment Advice by Chris Mamula Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and did...

Chris Mamula of Can I Retire Yet shares his thoughts on conflicts of interest with investment advice. This is part 1 of 2. Episode 1072: [Part 1] The Perfect Storm - Demonstrating Conflicts of Interest With Investment Advice by Chris Mamula Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and did...

Michelle Schroeder-Gardner of Making Sense of Cents shares how to avoid being house poor. Episode 1071: How To Avoid Being House Poor by Michelle Schroeder-Gardner of Making Sense of Cents on Home Mortgages & Expenses Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept...

Michael Mihalik with Get Rich Slowly shares his thoughts on financial security. Episode 1070: What is Financial Security? by Michael Mihalik with Get Rich Slowly on How to Become Financially Independent J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt....

Helene Massicotte of Free To Pursue shares why she dumped her financial advisor. Episode 1069: Why I Dumped My Financial Advisor by Helene Massicotte of Free To Pursue on How to Lower Investing Expenses Helene Massicotte blogs about living life on your terms and experiencing true personal freedom. She describes herself as a person in search of all that life has to offer and who has built a life th...

2 short posts from Al of FA Confessions on comparison and the danger of success. Episode 1068: Comparison AND The Danger of Success by Al of FAConfessions on How To Achieve Financial Happiness Al of FA Confessions is a father, drummer/musician, self-proclaimed amateur philosopher, avid health enthusiast, and daily podcast and audible listener. He is not looking for new clients, nor does he have a...

Joshua Becker of Becoming Minimalist shares 10 little ways to become more generous. Episode 1067: 10 Little Ways to Become More Generous by Joshua Becker of Becoming Minimalist on Benefits of Generosity Joshua Becker and his family decided to live with fewer possessions after a conversation with his neighbor in 2008. As a result, they found a better way to live, centered on more important pursuits...

Harry Stout of Financial Verse shares if debt can your friend. This is part 2 of 2. Episode 1066: [Part 2] Can Debt Be Your Friend? by Harry Stout of The FinancialVerse on Should I Get A Car Loan Harry N. Stout is an acknowledged senior leader in the global financial services business with experience in all key business areas with particular expertise in personal finance, life insurance, annuities...

Harry Stout of Financial Verse shares if debt can your friend. This is part 1 of 2. Episode 1065: [Part 1] Can Debt Be Your Friend? by Harry Stout of The FinancialVerse on Is There A Good Kind of Debt Harry N. Stout is an acknowledged senior leader in the global financial services business with experience in all key business areas with particular expertise in personal finance, life insurance, annu...

Mike Ballew of Eggstack on prioritizing your budget for success. Episode 1064: Prioritize Your Budget for Success by Mike Ballew of Egg Stack on How To Save Enough Money for Retirement Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determinatio...

Chris Reining shares why growing sizes are a growing concern. Episode 1063: Growing Sizes Are a Growing Concern by Chris Reining on How to Save More Money by Buying Less Chris Reining is an investor, writer, and avid student of life. He shares how to build wealth and reach financial freedom on his website ChrisReining.com. The original post is located here: https://chrisreining.com/growing-sizes-a...

ESI of ESI Money shares the importance of tracking and managing cash flow. Episode 1062: The Importance of Tracking and Managing Cash Flow by ESI of ESI Money on How To Create A Budget ESI Money is written by "ESI", a 50-something retiree. The site is basically a list of what's allowed him to become financially independent and how you can implement those successes in your life. His philosophy is s...

Sam of Financial Samurai on if your risk tolerance is high enough to invest. Episode 1061: Is Your Risk Tolerance High Enough To Invest? Follow The Slaughter Rule by Sam of Financial Samurai Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he ha...

Kelley Long with Financial Finesse shares the real thing that could be keeping you from saving more money. Episode 1060: Could This Be The Real Thing That's Keeping You From Saving More Money? by Kelley Long with Financial Finesse After years in the financial services industry, Liz Davidson became disgusted with how many people were being sold financial products and services that were not in their...

The Finance Twins share 5 reasons you should include index funds in your 401k or IRA. Episode 1059: 5 Reasons You Should Include Index Funds In Your 401K Or IRA by The Finance Twins on How To Start Investing Camilo and Francisco Maldonado are the Finance Twins. Most people think money is confusing unless you are an accountant. We used to think that too. After working incredibly hard and catching s...

Jen of Frugal Millennial shares the money mindsets that are keeping you broke. Episode 1058: The Money Mindsets That are Keeping You Broke by Jen of Frugal Millennial on The Scarcity Mindset vs. Abundance A few years ago, Jen and her husband were buried in $117,000 of student loan debt. Now, they've paid off over $100k of debt, and they're on track to have the rest paid off by the end of this year...

April Dykman with Get Rich Slowly shares why you should spend on the things you do every day. Episode 1057: Spend on the Things You Do Every Day by April Dykman with Get Rich Slowly on How To Prioritize Your Finances J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in...

Robert Farrington of The College Investor shares 6 ways to save money on auto insurance. Episode 1056: 6 Ways To Save Money On Auto Insurance by Robert Farrington of The College Investor on Saving on Car Insurance Robert Farrington is a personal finance expert that focuses on helping millennials get out of student loan debt and start investing for their future. He also helps parents make smart cho...

Kumiko of The Budget Mom shares how to use the cash envelope method without cash. Episode 1055: How to Use the Cash Envelope Method Without Cash by Kumiko of The Budget Mom on Creating a Budgeting System Kumiko went from having a pile of credit card debt to becoming a successful budgeter and Accredited Financial Counselor. The Budget Mom exists to empower women to build a life they love on a budge...

Phil Town of Rule One Investing shares how to save $500 this month without skipping your latte. Episode 1054: How to Save $500 This Month (Without Skipping Your Latte) by Phil Town with Rule One Investing on Frugality Tips Phil Town's portfolio has been ranked No. 1 by the American Association for Individual Investors when it produced a 50% rate of return. He has a passion for investing that is ha...

Dawn Starks of SimpleMoney shares if you should buy or rent your home. Episode 1053: Should You Buy or Rent Your Home? by Dawn Starks of Simple Money Pro on How To Decide on Renting vs. Buying Dawn Starks has been a financial planner for over twenty years. Her aim with financial planning work has always been to simplify things for clients. Making concepts easier to grasp and less scary is the goal...

The Mad Fientist shares the best and worst thing about financial independence. This is part 2 of 2. Episode 1052: [Part 2] The Best and Worst Thing About Financial Independence by The Mad Fientist on Retire Early & Life Plans The Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire eve...