Optimal Finance Daily - Financial Independence and Money Advice

Ramit Sethi of I Will Teach You To Be Rich shares 4 insights from earning a six-figure income. Episode 401: 4 Insights From Earning a Six-Figure Income by Ramit Sethi of I Will Teach You to be Rich (Earn More Money). 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...

Philip Taylor of PT Money shares how and why to build an emergency fund right now. Episode 400: Why You Need to Start Building an Emergency Fund Now by Philip Taylor of PT Money (Can I Retire). 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 T...

Michelle Schroeder-Gardner of Making Sense of Cents shares common spending habits of millionaires. Episode 399: Why You Should Spend Like a Millionaire - The Frugal and Smart Money Habits of Millionaires from 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...

Kristin Wong of The Wild Wong shares what to do if you've blown your budget. Episode 398: You've Blown Your Budget. Here's What to Do Next by Kristin Wong (Debt & Financial Habits). Kristin Wong is a freelance writer and journalist who writes for Lifehacker, Mentalfloss, and New York Magazine. She frequently covers travel, personal finance, and human behavior. Kristin launched her own blog, www.th...

Chris Reining shares an exact retirement portfolio you can use to generate cash. Episode 397: The Retirement Portfolio that Generates Cash by Chris Reining (Cash Investing & How to Retire Early). 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 wr...

Joshua Becker of Becoming Minimalist asks you to reconsider the merits of slow acquisition. Episode 396: Reconsidering the Merits of Slow Acquisition by Joshua Becker of Becoming Minimalist (Simple Investing). 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 p...

Sam of Financial Samurai shares how and why to develop a financial plan for your life. Episode 395: Develop a Financial Plan For Your Life Already by Sam of Financial Samurai (Budgeting & Investing Plan). 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. Af...

Mr. Money Mustache shares his experience with learning about Groupon and his take on other personal finance sites. Episode 394: Groupon? Never Heard Of It by Mr. Money Mustache (Save Thousands & How to Retire Early). 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 scie...

Guest author Mr. 1500 with Budgets Are Sexy shares how he learned to stop worrying about money and quit his job. Episode 393: How I Learned to Stop Worrying About Money & Quit My Job by Mr. 1500 with Budgets Are Sexy (Financial Independence). 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....

Kalen Bruce of Money Mini Blog shares how to sell your car if you're upside down on it. Episode 392: How to Sell Your Car if You're Upside Down on It by Kalen Bruce of Money Mini Blog (Debt & Car Insurance). 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....

Jacob Lund Fisker of Early Retirement Extreme shares how and why he got out of consumerism. Episode 391: How I Got Out of Consumerism by Jacob Lund Fisker of Early Retirement Extreme (Simple Living & Frugality). 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 "claim to fame"...

Ramit Sethi of I Will Teach You To Be Rich shares examples of big wins and why you need to focus on them. This is Part 2 of 2. Episode 390: The Big Wins Manifesto - Part 2 by Ramit Sethi of I Will Teach You to be Rich (Investing Success). 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...

Ramit Sethi of I Will Teach You To Be Rich shares examples of big wins and why you need to focus on them. This is Part 1 of 2. Episode 389: The Big Wins Manifesto - Part 1 by Ramit Sethi of I Will Teach You to be Rich (Personal Finance Success). 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 ju...

Emily Guy Birken with PT Money shares why millennials are delaying home ownership. Episode 388: Why Millennials are Delaying Home Ownership by Emily Guy Birken - PT Money (Debt & Pay off House Early). 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 P...

Michelle Schroeder-Gardner of Making Sense of Cents shares 15 reasons you struggle to save money (Part 2 of 2). Episode 387: 15 Reasons You're Broke and Can't Save Money - Part 2 by Michelle Schroeder-Gardner of Making Sense of Cents (Splurge). 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 stud...

Michelle Schroeder-Gardner of Making Sense of Cents shares 15 reasons you struggle to save money (Part 1 of 2). Episode 386: 15 Reasons You're Broke and Can't Save Money - Part 1 by Michelle Schroeder-Gardner of Making Sense of Cents (Debt). 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...

Chris Reining answers a reader's question about whether or not his house is a bad investment. Episode 385: Is My House a Bad Investment by Chris Reining (Mortgage & Pay off House Early). 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 abou...

Sam of Financial Samurai shares how to keep financial motivation alive. Episode 384: Celebrate Small Wins to Keep Financial Motivation Alive by Sam of Financial Samurai (FIRE). 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 had spent 10 yea...

Mr. Money Mustache shares his experience with rewards credit cards (Part 2 of 2). Episode 383: Gaming the System with Rewards Credit Cards - Part 2 by Mr. Money Mustache (Hack Your Finances). 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 worke...

Mr. Money Mustache shares his experience with rewards credit cards (Part 1 of 2). Episode 382: Gaming the System with Rewards Credit Cards - Part 1 by Mr. Money Mustache (Side Hustle). 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 st...

Guest author Mrs. BITA with Budgets Are Sexy shares her massive Amazon bill and how she changed her ways. Episode 381: Financial Confessional: I've Spent Over $40,000 on Amazon by Mrs. BITA with Budgets Are Sexy (Addicted to Shopping). 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 trac...

Kalen Bruce of Money Mini Blog shares 6 take-action steps to get out of credit card debt. Episode 380: 6 Take-Action Steps to Get Out of Debt by Kalen Bruce of Money Mini Blog (Financial Freedom - Retire Early). 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 weal...

Ramit Sethi of I Will Teach You To Be Rich shares 5 unconventional truths about money. Episode 379: 5 Unconventional Truths About Money by Ramit Sethi of IWTYTBR (Financial Advice). 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: money, careers...

J.D. Roth of Money Boss shares how to stay on top of home improvement, for both homeowners and renters. Episode 378: How to Stay On Top of Home Improvement by J.D. Roth of Money Boss (Costs of Home Ownership). 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 consume...

Carrie Smith with PTMoney shares 6 steps to help stop the cycle of debt. Episode 377: 6 Steps to Help Stop the Cycle of Debt by Carrie Smith with PT Money (Personal Finance Habits). 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 Taylor, a CPA...