Optimal Finance Daily - Financial Independence and Money Advice

Kristin Wong shares what people buy when they spend impulsively. Episode 351: Here's What People Buy When They Spend Impulsively by Kristin Wong (Improving 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.thewildwong.com, to...

Is it convenient? Would I enjoy it? Wrong question! says Mr. Money Mustache. This is Part 2 of 2. Episode 350: Is It Convenient? Would I Enjoy It? Wrong Question - Part 2 by Mr. Money Mustache (Financial 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 computer science...

Is it convenient? Would I enjoy it? Wrong question! says Mr. Money Mustache. This is Part 1 of 2. Episode 349: Is It Convenient? Would I Enjoy It? Wrong Question - Pt 1 by Mr. Money Mustache (Financial Independence). 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...

J. Money shares common spending habits among millionaires. Which do you have? Episode 348: How Many of These Millionaire Spending Habits Do You Have 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 baby boys. He tracked his expenses for 3 months, made a budget, read som...

Jacob Lund Fisker of EarlyRetirementExtreme.com compares personal finance to marathon running. Episode 347: Marathon Running and Personal Finance by Jacob Lund Fisker of Early Retirement Extreme (Money Blogs Narrated For You). 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...

Guest author Jeff Goins with Becoming Minimalist shares four lessons he learned after making 1 million dollars. Episode 346: Four Lessons on Money I Learned After Making $1 Million by Jeff Goins with Becoming Minimalist (Money & Life Lessons). 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...

Kalen Bruce shares how to save money in a world of spending. This is Part 2 of 2. Episode 345: Understanding Consumerism: How to Save Money in a World of Spending - Part 2 by Kalen Bruce of Money Mini Blog. 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. K...

Kalen Bruce shares how to save money in a world of spending. This is Part 1 of 2. Episode 344: Understanding Consumerism: How to Save Money in a World of Spending - Part 1 by Kalen Bruce of Money Mini Blog. 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. K...

Ramit Sethi of I Will Teach You To Be Rich answers the frequently asked question: Should I invest in real estate? This is Part 2 of 2. Episode 343: Should I Invest in Real Estate - Part 2 by Ramit Sethi (Cash Flow Investing). Instead of saying “no” to spending on everything, 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...

Ramit Sethi of I Will Teach You To Be Rich answers the frequently asked question: Should I invest in real estate? This is Part 1 of 2. Episode 342: Should I Invest in Real Estate - Pt 1 by Ramit Sethi of IWillTeachYouToBeRich (Costs of Home Ownership). Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we cou...

J.D. Roth talks about the cluttered lives of the American middle class. Episode 341: Money Boss Theater: The Cluttered Lives of the American Middle Class by J.D. Roth of Money Boss (Consumer Spending). 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....

Michelle Schroeder-Gardner shares her opinion on parents paying for their kids' college tuition. Episode 340: Should I Ruin My Retirement by Helping My Child Through College by Michelle Schroeder-Gardner - 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 mo...

Chris Reining shares 9 little ways to be better with your money. Episode 339: 9 Little Ways to Be Better with Your Money by Chris Reining (Improving Financial Habits). 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 site. He's...

Jason Price with PTMoney shares 6 characteristics in having what it takes to pay off debt. Episode 338: Do You Have What it Takes to Pay Off Debt (6 Characteristics) by Jason Price with PT Money (FIRE). 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...

Sam of Financial Samurai shares how not to panic during a stock market correction. Episode 337: How Not to Panic During a Stock Market Correction (Fearless Investing). 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 years workin...

Joshua Becker of Becoming Minimalist shares 7 pieces of financial advice that forever changed his life. Episode 336: 7 Pieces of Financial Advice That Forever Changed My Life by Joshua Becker of Becoming Minimalist (Minimalism Maxims). 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, ce...

Mr. Money Mustache takes on Tim Ferriss and lifestyle design, reviewing The Four Hour Work Week and more. This is Part 2 of 2. Episode 335: Mr. Money Mustache vs. Tim Ferriss - Part 2 by Mr. Money Mustache (Lifestyle Design). 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 comp...

Mr. Money Mustache takes on Tim Ferriss and lifestyle design, reviewing The Four Hour Work Week and more. Episode 334: Mr. Money Mustache vs. Tim Ferriss - Part 1 by Mr. Money Mustache (Personal Finance Advice). 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 i...

Barbara "Babs" Wagner guest posts on Budgets Are Sexy with some financial advice. Episode 333: Do One Small Thing, Then Do Another by Barbara Babs Wagner with Budgets Are Sexy (Finance Habits). 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 budg...

Leo Babauta of Zen Habits explains how he is able to raise six kids on one salary. Episode 332: Baby Makes Eight: Raising Six Kids - Part 1 by Leo Babauta of Zen Habits (Family Investing). Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, f...

Jacob Lund Fisker of EarlyRetirementExtreme.com questions our obsession with stuff. Episode 331: Is Your Stuff Holding You Back by Jacob Lund Fisker of Early Retirement Extreme (Minimalism - Minimalist Take on 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 "claim to...

Guest author Michael Yardney with Money Mini Blog shares 7 money lessons every parent must teach their child. Episode 330: 7 Crucial Money Lessons Every Parent Must Teach Their Child by Michael Yardney with Money Mini Blog (Teaching Kids). 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...

Ramit Sethi of I Will Teach You To Be Rich shares why he doesn't check his stocks every (and you shouldn't either). Episode 329: I Don't Check My Stocks Every Day - And You Shouldn't Either by Ramit Sethi of I Will Teach You to be Rich (Warren Buffett). Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we co...

J.D. Roth shares his opinion on the difference between retirement and financial independence. Episode 328: What's the Difference Between Retirement & Financial Independence by J.D. Roth of Money Boss (F.I.R.E.). 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 consu...

New author for the show, Michelle Schroeder-Gardner, shares great financial lessons from her dad. Episode 327: Great Financial Lessons My Dad Taught Me: Money Doesn't Have to Make Your Life Miserable - Michelle Schroeder-Gardner. 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 m...