Optimal Finance Daily - Financial Independence and Money Advice

JL Collins of JLCollinsNH.com shares his thoughts on collectibles. Episode 826: Beanie Babies, Naked Barbie, American Pickers and Old Coots by JL Collins of JLCollinsNH on Collectibles 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...

The Finance Twins share how to pick low cost index funds. Episode 825: How To Pick Low Cost Index Funds by The Finance Twins on Total Stock Market Index Fund 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 several lucky breaks, we realized so many...

Robert Farrington of The College Investor shares the single most important trait that defines personal finance success. Episode 824: The Single Most Important Trait That Defines Personal Finance Success by Robert Farrington of The College Investor 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...

2 short posts from Philip Taylor of PT Money where he shares his thoughts on paying off your credit card debt and rolling over your 401k. Episode 823: Pay Off Your Credit Card Debt and Have Personal Finance Success AND Should I Rollover my 401k? by Philip Taylor 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 fi...

Mark Dennis with Financial Finesse shares how to adopt financial habits that stick. Episode 822: How To Adopt Financial Habits That Stick by Mark Dennis with Financial Finesse on Personal Finance Discipline 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 deci...

Britt with No Sidebar shares confessions of a reformed shopaholic. Episode 821: Confessions of a (Reformed) Shopaholic by Britt with No Sidebar on Minimalism & Simple Living 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. They want to help you let go of di...

Sam of Financial Samurai shares the average 401k balance and why it's too low. Episode 820: The Average 401k Balance And Why It's Too Low by Sam Dogen of Financial Samurai on Retirement Savings 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...

Ramit Sethi of I Will Teach You to be Rich shares 9 reasons to buy a new car. Episode 819: [Part 2] Should I Buy A New Car? 9 Reasons To Buy New by Ramit Sethi of I Will Teach You To Be Rich on Used Cars 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 o...

Ramit Sethi of I Will Teach You to be Rich shares 9 reasons to buy a new car. Episode 818: [Part 1] Should I Buy A New Car? 9 Reasons To Buy New by Ramit Sethi of I Will Teach You To Be Rich on Auto Buying 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...

Darrow Kirkpatrick of Can I Retire Yet shares his thoughts on if early retirement is irresponsible. Episode 817: Is Early Retirement Irresponsible? by Darrow Kirkpatrick of Can I Retire Yet on Lifestyle Design & Saving Money 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 finan...

Joshua Becker of Becoming Minimalist shares his thoughts on a new, minimalist economy. Episode 816: A New, Minimalist Economy by Joshua Becker of Becoming Minimalist on Frugality & 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 important pursuits. Their sto...

Hanna True of Mapped Out Money shares 4 simple hacks to keep you and your spouse on budget. Episode 815: 4 Simple Hacks To Keep You and Your Spouse On Budget by Hanna True of Mapped Out Money on Family Finances 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 fre...

JD Roth of Get Rich Slowly shares why failure is okay. Episode 814: Failure is Okay by JD Roth of Get Rich Slowly on Overcoming Financial Obstacles 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 turning everything around in 2004. By being...

Mr. Money Mustache shares a reader case study on the man who didn't realize he was already rich. Episode 813: MMM Reader Case Study: The Man Who Didn't Realize He Was Already Rich by Mr. Money Mustache on Frugality 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 scienc...

Vitaliy Katsenelson of Contrarian Edge shares his thoughts on when downhill racing meets value investing. Episode 812: Downhill Racing Meets Value Investing by Vitaliy Katsenelson of Contrarian Edge on Stock Market Valuations 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 & S...

Tynan shares his thoughts on the zero cost lifestyle. Episode 811: The Zero Cost Lifestyle by Tynan on Simple Living & Frugality Tynan was named as one of the top 25 best bloggers in 2013 by Time Magazine. He believes in making deliberate decisions and breaking away from the herd mentality. He likes learning new things, building habits, exposing the world, connecting with awesome people, and creat...

Chris Reining shares if you should stop using retirement accounts if you're planning to retire early. Episode 810: Should I Stop Using Retirement Accounts If I'm Planning To Retire Early? by Chris Reining on Financial Independence 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...

Angelo Poli of MetPro shares how to realize your true net worth. Episode 809: Physically Fit for the Fiscal Year: Realizing Your True Net Worth by Angelo Poli of MetPro Angelo Poli is an internationally recognized expert in the field of body transformations. He is the founder of MetPro, the world's first algorithm based transformation engine. Poli and his team at MetPro specialize in working with...

Chris Guillebeau asks if 70% of American men are lying. Episode 808: Are 70% of American Men Lying? by Chris Guillebeau on Lifestyle Design & Simple Living Chris Guillebeau is a New York Times bestselling author and modern-day explorer. He is the author of 5 books and his daily podcast, Side Hustle School, is downloaded more than 2 million times a month. Every summer in Portland, Oregon, Chris hos...

J. Money of Budgets Are Sexy shares why if you're smart enough to retire early, you're smart enough to figure out the future. Episode 807: If You're Smart Enough to Retire Early, You're Smart Enough to Figure Out The Future by J Money of Budgets Are Sexy 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...

Jacob Lund Fisker of Early Retirement Extreme shares how to get your spouse to go along with your frugal plans. Episode 806: How Do I Get My Spouse To Go Along With My Frugal Plans? by Jacob Lund Fisker of Early Retirement Extreme Jacob Lund Fisker was a nuclear astrophysicist who retired at 33 with what he believes to be enough savings to last the rest of his life — even if he never works again....

Cait Flanders shares what it's like to shop after not shopping for two years. This is Part 2 of 2. Episode 805: [Part 2] What It's Like to Shop After Not Shopping for Two Years by Cait Flanders on Mindful Spending Cait Flanders started her site to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her stuff, and is currently doing a two-year...

Cait Flanders shares what it's like to shop after not shopping for two years. This is Part 1 of 2. Episode 804: [Part 1] What It's Like to Shop After Not Shopping for Two Years by Cait Flanders on Shopping Bans Cait Flanders started her site to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her stuff, and is currently doing a two-year sh...

Robert Farrington of The College Investor shares how to invest if you don't make much money. Episode 803: How To Invest If You Don't Make Much Money by Robert Farrington of The College Investor 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 choices about college f...

Monika of Mission Money shares if it is possible to save half of your income. Episode 802: Is It Possible To Save HALF of Your Income? by Monika of Mission Money on Early Retirement Investing 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 schools and money re...