Optimal Finance Daily - Financial Independence and Money Advice

Joshua Becker of Becoming Minimalist shares a helpful guide to stop overspending with friends.   Episode 976: A Helpful Guide to Stop Overspending With Friends by Joshua Becker of Becoming Minimalist on Be Mindful with Money 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 m...

Camilo Maldonado of The Finance Twins on what is an IRA. This is part 2 of 2.  Episode 975: [Part 2] What is an IRA? by Camilo Maldonado of The Finance Twins on Saving & Investing Money for Retirement 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...

Camilo Maldonado of The Finance Twins on what is an IRA. This is part 1 of 2.  Episode 974: [Part 1] What is an IRA? by Camilo Maldonado of The Finance Twins on Retirement Investment Options 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 lucky brea...

Chris Reining shares if starting a business is the fastest path to financial freedom.  Episode 973: Is Starting A Business the Fastest Path to Financial Freedom? by Chris Reining on Early Retirement & FIRE Movement  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,...

Emily Guy Birken with PT Money shares how much you should contribute to your 401k.   Episode 972: How Much Should You Contribute to Your 401K? (It Depends on 3 Things) by Emily Guy Birken of PT Money on Retiring  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...

Michelle Schroeder-Gardner of Making Sense of Cents shares her thoughts on lowering your holiday spending, stay on budget and prevent debt.   Episode 971: Lower Your Holiday Spending, Stay on Budget, And Prevent Debt by Michelle Schroeder-Gardner of MakingSenseOfCents  Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able t...

Geoffrey Bourne with Money Mini Blog shares if bitcoin is a safe retirement strategy.   Episode 970: Is Bitcoin a Safe Retirement Strategy? by Geoffrey Bourne with Money Mini Blog on Alternative Investments  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....

Dan Erickson with No Sidebar shares 5 things to consider before making a purchase.  Episode 969: 5 Things to Consider Before Making a Purchase by Dan Erickson with No Sidebar on Mindful Spending & Purchasing No Sidebar was created by Brian Gardner and is all about designing a simpler life. He and the contributing authors want to help you figure out what's getting in your way, at home and at work....

JL Collins of JLCollinsNH.com shares that you, too, can be conned. Episode 968: You, Too, Can Be Conned by JL Collins on How To Protect Your Financial Security 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 implementing business plans, creating powerful...

JD Roth of Get Rich Slowly shares two powerful ways to increase your retirement resources.  Episode 967: Saving More & Working Longer: Two Powerful Ways to Increase Your Retirement Resources by J.D. Roth of GetRichSlowly 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...

Shannon McLay with Budgets Are Sexy shares her thoughts on hiring the right financial advisor.   Episode 966: I'll Show You Mine by Shannon McLay with Budgets Are Sexy on Hiring the Right Financial Advisor  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...

Robert Farrington of The College Investor shares how to invest to generate a passive income.  Episode 965: How To Invest To Generate A Passive Income by Robert Farrington of The College Investor on Financial Independence  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 s...

Steve Chou of My Wife Quit Her Job shares how to make time equal money 24 hours a day.  Episode 964: How To Make Time Equal Money 24 Hours A Day by Steve Chou of My Wife Quit Her Job on Financial Priorities  Steve Chou of My Wife Quit Her Job carries both a bachelors and a masters degree in electrical engineering from Stanford University, but spent a good portion of his graduate education studying...

Mr. Money Mustache shares how to retire forever on a fixed chunk of money. This is part 2 of 2.   Episode 963: [Part 2] How to Retire Forever on a Fixed Chunk of Money by Mr. Money Mustache on Index Fund Investing 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...

Mr. Money Mustache shares how to retire forever on a fixed chunk of money. This is part 1 of 2.   Episode 962: [Part 1] How to Retire Forever on a Fixed Chunk of Money by Mr. Money Mustache on Early Retirement 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...

Nick True of Mapped Out Money shares why financial freedom is a choice, not a gift.  Episode 961: Financial Freedom Is A Choice, Not A Gift by Nick True of Mapped Out Money on Personal Finance Advice  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 free. Mapped...

Helene Massicotte of Free To Pursue asks if those golden handcuffs are on too tight.   Episode 960: Are Those Golden Handcuffs On Too Tight? by Helene Massicotte on Financial Security & Early Retirement  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 t...

Harry Stout of FinancialVerse shares how a cash budget changed his money mindset.  Episode 959: How a Cash Budget Changed My Money Mindset by Harry Stout of FinancialVerse on Budgeting for Money Success  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, a...

Dawn Starks of SimpleMoney shares the power of waiting.  Episode 958: The Power of Waiting by Dawn Starks of SimpleMoney on How to Delay Gratification & Be More Patient  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. Dawn's SimpleMoney pr...

2 short posts from Vitaliy Katsenelson of Contrarian Edge where he shares how your investments can survive a world of trouble and simple tips to make you a better investor.  Episode 957: Here's How Your Investments Can Survive a World of Trouble AND These Simple Tips Can Make You a Better Investor  Vitaliy Katsenelson is the CEO and Chief Investment Officer at Investment Management Associates. He...

The Finance Twins share why there are few things more important than taking care of your health.  Episode 956: Take Care Of Your Health - Few Things Are More Important by The Finance Twins on Healthcare Costs  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...

Sarah Peck with Becoming Minimalist shares her thoughts on giving up new clothes for one year.  Episode 955: The Story of Enough: Giving Up (new) Cothes for One Year by Sarah Peck with Becoming Minimalist on Minimalism 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 im...

Phil Town of Rule One Investing shares the effects of inflation on your retirement. Episode 954: Is Inflation Stealing Your Money? The Effects of Inflation on Your Retirement by Phil Town of Rule One Investing 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 hard to beat an...

Monika of Mission Money shares what she is taking from her parents' 5 financial habits. Episode 953: What I Am Taking From My Parents' 5 Financial Habits by Monika of Mission Money on Personal Finance Lessons Monika is a mother of two cats, a content creator and an expat settled in the UK, and a digital producer by profession. Financial literacy is something that appears to still be missing in sch...

Kelley Long with Financial Finesse shares how choosing investments is like choosing a pizza.  Episode 952: Choosing Investments is Like Choosing a Pizza by Kelley Long with Financial Finesse on How To Allocate A Portfolio 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 int...