Optimal Finance Daily - Financial Independence and Money Advice

Helene Massicotte of Free To Pursue shares her thoughts on the real cost of borrowing. Episode 876: Beyond Interest - The Real Cost of Borrowing by Helene Massicotte of Free To Pursue on Financial Psychology 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 li...

Cait Flanders shares why your salary is not your self-worth and why she gave herself permission to earn less. This is Part 2 of 2. Episode 875: [Part 2] Your Salary is Not Your Self-Worth (and Why I Gave Myself Permission to Earn Less) by Cait Flanders Cait Flanders started her site to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her s...

Cait Flanders shares why your salary is not your self-worth and why she gave herself permission to earn less. This is Part 1 of 2. Episode 874: [Part 1] Your Salary is Not Your Self-Worth (and Why I Gave Myself Permission to Earn Less) by Cait Flanders Cait Flanders started her site to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her s...

Douglas Keller with Money Mini Blog shares 5 simple ways to get out of debt. Episode 873: 5 Simple Ways To Get Out Of Debt by Douglas Keller with Money Mini Blog on Financial Freedom & Saving Money 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 shar...

Phil Town of Rule One Investing shares how rich you'd be if you followed Warren Buffet's investment strategy. Episode 872: Here's How Rich You'd Be If You Followed Warren Buffett's Investment Strategy 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 investi...

J. Money of Budgets Are Sexy shares how to win the game by getting these questions right. Episode 871: Get These Questions Right and Win The Game of Money by J. Money of Budgets Are Sexy on Saving & Investing 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 mont...

Craig Stephens of Retire Before Dad asks if retirement age is the wrong goal. Episode 870: Is Retirement Age the Wrong Goal? by Craig Stephens of Retire Before Dad on Retiring Early & Financial Independence 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 b...

Emily Guy Birken with PT Money shares how to find the best luxury travel deals. Episode 869: How to Find the Best Luxury Travel Deals by Emily Guy Birken with PT Money on Traveling Adventures 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 by Philip Tay...

Sam of Financial Samurai shares why the percentage of people with no wealth outside their home is sad. Episode 868: The Percentage Of People With No Wealth Outside Their Home Is Sad by Sam of Financial Samurai on Build A Nest Egg 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 other...

Michael Smith with Financial Finesse shares his thoughts on getting crushed by student loans. Episode 867: I Don't Want My Kids to be Crushed by Student Loans. Do You? by Michael Smith with Financial Finesse on College 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 intere...

James Altucher shares the ultimate guide to going broke. Episode 866: The Ultimate Guide to Going Broke by James Altucher on Life & Money Principles to Optimize Your Life & To Live By James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster. He has founded or cofounded more than 20 companies and says he failed at 17 of them. He has published 11 books, and i...

Darrow Kirkpatrick of Can I Retire Yet shares when you should self-insure. Episode 865: When Should You Self-Insure? by Darrow Kirkpatrick of Can I Retire Yet on Saving Money on Insurance 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 independent by flipping real e...

Brandon Turner with Mr. Money Mustache shares a story about the man who thought early retirement sucked. Episode 864: Reader Story: The Man Who Thought Early Retirement Sucked by Brandon Turner with Mr. Money Mustache on Freedom 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 c...

Nick True of Mapped Out Money shares what an index fund is and why you should care. This is part 2 of 2. Episode 863: [Part 2] What is an Index Fund and Why You Should Care by Nick True of Mapped Out Money on Mutual Fund Investments 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, re...

Nick True of Mapped Out Money shares what an index fund is and why you should care. This is part 1 of 2. Episode 862: [Part 1] What is an Index Fund and Why You Should Care by Nick True of Mapped Out Money on Stock Market Investing 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, red...

Jill with Mad Fientist shares how to get your spouse on board with early retirement. Episode 861: How to Get Your Spouse on Board with Early Retirement by Jill with Mad Fientist on Financially Independent Couples 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. Mo...

Natalie with Making Sense of Cents shares why medical emergencies are another reason to have an emergency fund. Episode 860: Reason to Have an Emergency Fund: Medical Emergencies by Natalie with Making Sense of Cents on Rainy Day Funds 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...

Honey Smith with Get Rich Slowly shares more on motivation and money. Episode 859: More On Motivation and Money by Honey Smith with Get Rich Slowly on Inspiration for Better Personal 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 consumer debt. He started...

ESI of ESI Money shares how to become wealthy by having a high income in a low cost city. Episode 858: Become Wealthy by Having a High Income in a Low Cost City by ESI of ESI Money on Building Wealth & Living Costs 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...

Paula Pant of Afford Anything shares why get paid to travel is a myth and what you should pursue instead. Episode 857: Why "Get Paid to Travel" is a Myth (And What You Should Pursue, Instead) by Paula Pant of Afford Anything 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 es...

Chris Reining shares why 3 celebrities chose freedom over money. Episode 856: Why 3 Celebrities Chose Freedom over Money by Chris Reining on Financial Independence & Happiness 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 his si...

Vitaliy Katsenelson of Contrarian Edge shares why bitcoin is millennials fake gold. Episode 855: Bitcoin - Millennials Fake Gold by Vitaliy Katsenelson of Contrarian Edge on Blockchain Investing & Cryptocurrency Vitaliy Katsenelson is the CEO and Chief Investment Officer at Investment Management Associates. He has written two books on investing, which were published by John Wiley & Sons and have t...

Ramit Sethi of I Will Teach You to be Rich shares what to do when stocks are down. Episode 854: Stocks are down - What To Do? by Ramit Sethi of I Will Teach You To Be Rich on Stock Market Investing 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 aspects of life...

Helene Massicotte of Free To Pursue shares her thoughts on taming the shopper within. Episode 853: Taming The Shopper Within by Helene Massicotte of Free To Pursue on Frugality & Smart Spending 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 that enable...

2 short posts by Cait Flanders where she shares how she paid off $17,000 of debt in 1 year and what she'd tell her 20-year-old self. Episode 852: How I Paid Off $17,000 of Debt in 1 Year AND What I'd Tell My 20-Year-Old Self About Money by Cait Flanders Cait Flanders started her site to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her...