Optimal Finance Daily - Financial Independence and Money Advice

Mr. Money Mustache shares his thoughts on getting started. Episode 751: Getting Started #2 - The Higher Cause by Mr. Money Mustache on Minimalism & Simple Living 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-industry cu...

Paula Pant of Afford Anything shares how debt can be a good thing - in moderation. Episode 750: Debt Can Be A Good Thing - In Moderation by Paula Pant of Afford Anything on Building Wealth 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...

Emily Guy Birken with PT Money shares how to increase willpower and stay on track financially. Episode 749: How to Increase Willpower and Stay on Track Financially by Emily Guy Birken with PT Money on Financial Resolutions 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 wan...

Michael Yardney with Money Mini Blog shares 6 financial mistakes young people make. Episode 748: 6 Financial Mistakes Young People Make by Michael Yardney with Money Mini Blog on Spending Advice 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 shares...

Helene Massicotte of Free To Pursue shares why more is less and why she went on a no buy. Episode 747: More Is Less - Why I'm Going On A No Buy by Helene Massicotte of Free To Pursue on Minimalism & Frugality 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 l...

J Money of Budgets Are Sexy shares how you can stop spending money by getting busy. Episode 746: Want to Stop Spending Money? Get Busy by J Money of Budgets Are Sexy on Paying Down Debt 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 budget, read...

Lori Deschene of Tiny Buddha shares 9 ways to need less money. Episode 745: 9 Ways to Need Less Money: Stress Less, Enjoy More by Lori Deschene of Tiny Buddha on Simple Living 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, which includes 15 color...

Vitaliy Katsenelson of Contrarian Edge shares the values of value investing. Episode 744: The Values of Value Investing by Vitaliy Katsenelson of Contrarian Edge on Smart Investments 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 translated into eight language...

An excerpt from the book Happy Go Money: Spend Smart, Save Right and Enjoy Life by Melissa Leong. Episode 743: An Excerpt from the book Happy Go Money: Spend Smart, Save Right and Enjoy Life by Melissa Leong on Happiness Everything tells us that what will make us happy can be bought, whether it's the latest gadgets, renovated kitchens, or luxury goods. But research has shown that having more money...

The Finance Twins share how to master asset allocation. Episode 742: How to Master Asset Allocation by The Finance Twins on Smart 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 people are looking for ways...

Robert Farrington of The College Investor shares how to turn your Christmas gifts into thousands of dollars. Episode 741: How To Turn Your Christmas Gifts Into Thousands of Dollars 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 ma...

Sam of Financial Samurai shares why the key to happiness is saving more not making more money. Episode 740: The Key To Happiness Is Saving More Not Making More Money by Sam Dogen of Financial Samurai on Being Happy 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...

Scott Spann with Financial Finesse shares how to overcome financial avoidance. Episode 739: How To Overcome Financial Avoidance by Scott Spann with Financial Finesse on Dealing with Money 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 there had to be...

Nick True of Mapped Out Money shares 3 reasons why you should stop budgeting by the month. Episode 738: 3 Reasons You Should Stop Budgeting By The Month by Nick True of Mapped Out Money on Financial Goals 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. Map...

David Cain of Raptitude shares what to get everyone for Christmas. This is part 2 of 2. Episode 737: [Part 2] What to get everyone for Christmas by David Cain of Raptitude on Minimalist Life David Cain is a writer and entrepreneur living in Winnipeg, Canada. On a particular boring day at his office job in 2009, he started Raptitude. His interest has always been human society and the internal human...

David Cain of Raptitude shares what to get everyone for Christmas. This is part 1 of 2. Episode 736: [Part 1] What to get everyone for Christmas by David Cain of Raptitude on Minimalism David Cain is a writer and entrepreneur living in Winnipeg, Canada. On a particular boring day at his office job in 2009, he started Raptitude. His interest has always been human society and the internal human expe...

Darrow Kirkpatrick of Can I Retire Yet shares how much is too much in a single investment. Episode 735: How Much is Too Much in a Single Investment by Darrow Kirkpatrick of Can I Retire Yet on Real Estate Investing 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 ind...

Kristin Wong with Get Rich Slowly shares the power of speaking up. Episode 734: The Power of Speaking Up by Kristin Wong with Get Rich Slowly on Saving Money 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...

Mr. Money Mustache shares his thoughts on getting rich by owning rental houses. Episode 733: Get Rich With: Owning Rental Houses by Mr. Money Mustache on Real Estate 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 in Canada, then worked in standard te...

Paula Pant of Afford Anything shares the three most amazing types of freedom. Episode 732: The Three Most Amazing Types of Freedom by Paula Pant of Afford Anything on Eliminating Debt & Financial Freedom 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...

2 short posts from Chris Reining where he shares why early retirement is hard and where you should put your money. Episode 731: Retiring at 37 is Hard AND Where Should My Money Go? by Chris Reining on Early Retirement & Frugal Living 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...

JL Collins of JLCollinsNH.com shares his thoughts on social security and when to take it. This is part 2 of 2. Episode 730: [Part 2] Social Security: How Secure and When to Take It by JL Collins on Frugal Living & Saving Money 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 produ...

JL Collins of JLCollinsNH.com shares his thoughts on social security and when to take it. This is part 1 of 2. Episode 729: [Part 1] Social Security: How Secure and When to Take It by JL Collins on Frugality & 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, de...

Harmony Smith with PT Money shares 6 important reasons to avoid store credit cards. Episode 728: 6 Important Reasons to Avoid Store Credit Cards by Harmony Smith with PT Money on Reducing Spending 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 Phili...

Michelle Schroeder-Gardner of Making Sense of Cents asks if your excuses are making you broke and unsuccessful. Episode 727: Are Your Excuses Making You Broke And Unsuccessful? 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...