Optimal Finance Daily - Financial Independence and Money Advice

Dawn Starks with No Sidebar shares why you should focus on meaning when it comes to spending. Episode 776: When it Comes to Spending, Focus on Meaning by Dawn Starks with No Sidebar on Minimalism & Money 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...

Philip Taylor of PT Money shares the different types of insurance and what insurance you need. Episode 775: The Different Types of Insurance and What Insurance You Need by Philip Taylor of PT Money on Wealth Preservation 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....

Mr. Money Mustache shares how to come out way ahead when buying a used car. Episode 774: How To Come Out WAY AHEAD When Buying A Used Car by Mr. Money Mustache on Saving Money on a Car Purchase 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 wor...

Paula Pant of Afford Anything shares how you can afford to travel the world. Episode 773: How Can You Afford to Travel the World? by Paula Pant of Afford Anything on Traveling on a Budget 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, as the owner of seven...

Kalen Bruce of Money Mini Blog shares his thoughts on if married couples should have joint or separate bank accounts. Episode 772: Should Married Couples Have Joint or Separate Bank Accounts? by Kalen Bruce of Money Mini Blog on Shared Finances 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 ar...

Helene Massicotte of Free To Pursue shares why you should think down, not up. Episode 771: Don't Think Up. Think Down by Helene Massicotte of Free To Pursue on Financial Independence & Retiring Early 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...

J Money of Budgets Are Sexy shares 7 financial habits that have a high rate of return. Episode 770: 7 [Financial] Habits That Have a High Rate of Return by J Money of Budgets Are Sexy on Building Wealth 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, ma...

Tynan shares his thoughts on polarizing purchases. Episode 769: Polarizing Purchases by Tynan on Personal Finance Decisions & 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, an...

The Finance Twins explain life insurance and if you need it. Episode 768: What is Life Insurance? Do I Need It? by The Finance Twins on Wealth Preservation 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 people are...

Ara D with Tiny Buddha on gaining freedom from our obsession with possessions. Episode 767: Gaining Freedom from Our Obsession with Possessions by Ara D with Tiny Buddha on Meditation & Reflection Lori Deschene is the founder of Tiny Buddha and Recreate Your Life Story, an online course that helps you let go of the past and live a life you love. Her latest book: Tiny Buddha's Gratitude Journal, wh...

Emily Guy Birken with Becoming Minimalist shares 6 ways to apply decluttering principles to your finances. Episode 766: 6 Ways to Apply Decluttering Principles to Your Finances by Emily Guy Birken with Becoming Minimalist 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...

JL Collins of JLCollinsNH.com shares his thoughts on magic beans. Episode 765: Magic Beans by JL Collins on Index Fund Investing for Early Retirement 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 marketing...

Alexa Mason with The College Investor shares 7 things to do after you pay off your debt. Episode 764: 7 Things To Do After You Pay Off Your Debt by Alexa Mason with The College Investor on Real Estate Investing 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 choice...

Jacob Lund Fisker of Early Retirement Extreme shares his thoughts on the disappearance of the middle class. Episode 763: The Disappearance of The Middle Class by Jacob Lund Fisker of Early Retirement Extreme on Saving Money 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. His "cl...

Ramit Sethi of I Will Teach You to be Rich shares how he spent over $50,000 on luxury services last year. This is part 2 of 2. Episode 762: [Part 2] How I Spent Over $50,000 on Luxury Services Last Year by Ramit Sethi of I Will Teach You To Be Rich 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...

Ramit Sethi of I Will Teach You to be Rich shares how he spent over $50,000 on luxury services last year. Episode 761: [Part 1] How I Spent Over $50,000 on Luxury Services Last Year by Ramit Sethi of I Will Teach You To Be Rich 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 fi...

Sam of Financial Samurai shares the biggest financial concerns of affluent investors. Episode 760: The Biggest Financial Concerns Of Affluent Investors by Sam Dogen of Financial Samurai on Retirement Fears 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. A...

Chris Guillebeau shares his thoughts on sufficiency. Episode 759: Sufficiency by Chris Guillebeau on Personal Finance Happiness & Financial Freedom 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 hosts the W...

Nick True of Mapped Out Money shares why the 2008 crash shouldn't stop millennials from investing. Episode 758: Why The 2008 Crash Shouldn't Stop Millennials From Investing by Nick True of Mapped Out Money on the Stock Market 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 de...

Scott Spann with Financial Finesse shares how to slay the three headed debt monster. Episode 757: Slaying the Three Headed Debt Monster by Scott Spann with Financial Finesse on Personal Finance Freedom 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 decided t...

Chris Reining shares how to become financially independent by spending less. Episode 756: How To Become Financially Independent: Step 1 - Spend Less 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 ups and downs, which is what he writes...

Chris Mamula of Can I Retire Yet shares how to conquer 3 critical early retirement challenges by redefining retirement. This is part 2 of 2. Episode 755: [Part 2] Conquer 3 Critical Early Retirement Challenges by Redefining Retirement by Chris Mamula of Can I Retire Yet Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not...

Chris Mamula of Can I Retire Yet shares how to conquer 3 critical early retirement challenges by redefining retirement. This is part 1 of 2. Episode 754: [Part 1] Conquer 3 Critical Early Retirement Challenges by Redefining Retirement by Chris Mamula of Can I Retire Yet Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not...

Michelle Schroeder-Gardner of Making Sense of Cents shares why saving money in your 20s is a good idea. Episode 753: Why Saving Money In Your 20s Is A Good Idea 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 student debt in 7 months, kept tr...

Holly Johnson with Get Rich Slowly shares the value of vacation. Episode 752: The Value of Vacation by Holly Johnson with Get Rich Slowly on Reducing Stress & Cheap Travel 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...