Optimal Finance Daily - Financial Independence and Money Advice

The Mad Fientist shares the best and worst thing about financial independence. This is part 1 of 2. Episode 1051: [Part 1] The Best and Worst Thing About Financial Independence by The Mad Fientist on Early Retiree & Life Goals 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 ev...

Jess Chua with OLD Podcast shares 5 personal finance mistakes to avoid in your 20s. Episode 1050: 5 Personal Finance Mistakes To Avoid In Your 20s by Jess Chua with OLD Podcast on Building A Financial Foundation Jess Chua is a blogger and content specialist living in Southwest Florida. She is currently working on her first non-fiction book for introverts. She's always loved writing as it's a proce...

Kalen Bruce of Money Mini Blog shares how to handle a personal tax audit. Episode 1049: How to Handle a Personal Tax Audit (From Personal Experience) by Kalen Bruce of MoneyMiniBlog on Dealing with IRS Kalen Bruce is the founder of MoneyMiniBlog. His story is simple… he and his wife were $24,000 in debt and became a student of finances to get out. They are now debt-free and building wealth. Kalen...

Darrow Kirkpatrick of Can I Retire Yet shares how he rebalanced through perilous times. Episode 1048: How I Rebalanced Through Perilous Times by Darrow Kirkpatrick of Can I Retire Yet on Portfolio Rebalancing 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 didn't become financially independe...

Craig Stephens of Retire Before Dad on the spousal Roth IRA. Episode 1047: Spousal Roth IRA - Double Your Tax-Advantaged Savings by Craig Stephens of Retire Before Dad on Tax Savings Craig Stephens of Retire Before Dad is a 43-year-old IT professional, investor, and blogger based in the Washington, DC metro area. His primary financial goal is to retire at age 55, one year before his Dad retired. H...

Emily Guy Birken with PT Money shares how to budget for your unexpected expenses. Episode 1046: How to Budget for Your Unexpected Expenses by Emily Guy Birken with PT Money on Budgeting for Irregular Costs PTMoney.com is about helping you make extra money, save more money, and spend your money wisely--all in an effort to help you fix your finances so you can build the life you want. It was started...

Mr. Money Mustache shares how to get rich with bikes. Episode 1045: Get Rich With Bikes by Mr. Money Mustache on How To Save Money & Improve Your Life by Biking More 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 in standard tech-industr...

J. Money of Budgets Are Sexy shares the 6 sources influencing your money. Episode 1044: The 6 Sources Influencing Your Money by J. Money of Budgets Are Sexy on How To Protect Money From Yourself J. Money is a 6’1, hyperactive, rock a ‘hawk who loves drinking beer, blaring hip-hop, talking about money, and now playing with his two adorable baby boys. He tracked his expenses for 3 months, made a bud...

Nick True of Mapped Out Money shares 7 things he learned about money after he moved out. Episode 1043: 7 Things I Learned About Money After I Moved Out by Nick True of Mapped Out Money on Personal Finance Lessons 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 f...

Helene Massicotte of Free To Pursue shares the overwhelming hidden cost of keeping up appearances. Episode 1042: The Overwhelming Hidden Cost of Keeping Up Appearances by Helene Massicotte of Free To Pursue on Money Problems 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 w...

Art of Flex Cents shares 9 transformations on the road to financial independence. Episode 1041: 9 Transformations On The Road To Financial Independence by Art of Flex Cents on Lessons on the Road to FI Art is a physical therapist who is not only passionate about health and physical fitness, but also developed a passion for all things personal finance. It all started when his wife and him were thin...

Sam of Financial Samurai shares why you need a credit report and a credit score to rent an apartment. Episode 1040: Yes, You Need A Credit Report AND A Credit Score To Rent An Apartment! 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...

Al of FA Confessions on the 4% rule. Episode 1039: What is the 4% Rule? by Al of FA Confessions on Safe Withdrawal Rate for Retirement Investments 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 plan to run for office. He will remain anonymo...

ESI of ESI Money shares five steps to six figures in seven years. This is part 2 of 2. Episode 1038: [Part 2] Five Steps to Six Figures in Seven Years by ESI of ESI Money on How To Grow Your Income & Increase Wealth 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...

ESI of ESI Money shares five steps to six figures in seven years. This is part 1 of 2. Episode 1037: [Part 1] Five Steps to Six Figures in Seven Years by ESI of ESI Money on How To Make More Money 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 phi...

Michelle Schroeder-Gardner of Making Sense of Cents shares how to become financially stable and keep the job you love. Episode 1036: How To Become Financially Stable and Keep The Job You Love by Michelle Schroeder-Gardner of Making Sense of Cents 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 st...

Ramit Sethi of I Will Teach You to be Rich shares his thoughts on the age of abundance. Episode 1035: Welcome To The Age Of Abundance by Ramit Sethi of I Will Teach You To Be Rich on How To Live A Rich Life Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspect...

Chris Reining shares if it is risky to borrow money to invest. Episode 1034: Is It Risky Borrowing Money To Invest? by Chris Reining on Margin Investing & Investment Portfolio Advice Chris Reining is a thirty-something guy who provides resources to help manage your money and career to become financially free. His own path to financial freedom has had ups and downs, which is what he writes about on...

JL Collins of JLCollinsNH.com shares why he doesn't like dollar cost averaging. Episode 1033: Stocks -- Part XXVII: Why I Don't Like Dollar Cost Averaging by JL Collins on Risks & Rewards of Market Investing Mr. Collins is a senior executive with extensive P&L experience and a proven track record of growing revenue and profitability, integrating acquisitions, launching new products, developing and...

Jen of Frugal Millennial asks if being too frugal is making you broke. Episode 1032: Is Being Too Frugal Making You Broke? by Jen of Frugal Millennial on How To Spend Money Wisely 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. Join their email list t...

Paula Pant of Afford Anything shares how to handle feeling overworked and overwhelmed. Episode 1031: How to Handle Feeling Overworked & Overwhelmed by Paula Pant of Afford Anything on How To Balance Your Life Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate investing. She is a real estate investor, a...

Erik Carter with Financial Finesse shares the five biggest myths about saving money. Episode 1030: The Five Biggest Myths About Saving Money? by Erik Carter with Financial Finesse on How to Save Money to Retire 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 best interest. She...

The Finance Twins on investing made easy with a three fund portfolio. Episode 1029: Three Fund Portfolio - Investing Made Easy by The Finance Twins on Wealth Management & Simple Investment Decisions 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 several lu...

2 short posts from Kyle Mast of True Hourly Wage where he shares how to increase your true hourly wage every day and why your raise in pay may be an illusion. Episode 1028: Increase Your TRUE Hourly Wage Every Day with the THW Penalty Habit & Why Your Raise in Pay May be an Illusion Kyle Mast is a husband, father, financial planner, real estate investor, and lover of good conversations over coffee...

J.D. Roth with Get Rich Slowly shares his thoughts on learning to use money as a tool. Episode 1027: Learning to Use Money as a Tool by J.D. Roth of Get Rich Slowly on Using Money As A Means To Save Time 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...