Optimal Finance Daily - Financial Independence and Money Advice

Guest author Patrick Rhone on Becoming Minimalist shares how minimalism comes from privilege. Episode 251: Minimal Privilege by Patrick Rhone with Becoming Minimalist (Saving Money). 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 story has be...

Sam of Financial Samurai shares how life would change if he had $10 million and how yours might, too. Episode 250: What Would You Do with $10 Million by Sam Dogen of Financial Samurai (Credit Card Tips). 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. Aft...

Pauline Paquin guest posts on PTMoney, talking about relocating to save money. This is Part 2 of 2. Episode 249: How to Engineer an Easier Early Retirement Using a Relocation Strategy - Part 2 by Pauline Paquin with PT Money (Money). 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 l...

Pauline Paquin guest posts on PTMoney, talking about relocating to save money. This is Part 1 of 2. Episode 248: How to Engineer an Easier Early Retirement Using a Relocation Strategy - Part 1 by Pauline Paquin with PT Money (Moving). 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...

The Mad Fientist shares how cognitive bias affects personal finance. Episode 247: Cognitive Bias by The Mad Fientist (Money Management). The Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire even earlier. Most personal finance advice is geared towards people retiring in their 60s or...

Kristin Wong liked the Minimalism documentary, but has a different take when it comes to money. Episode 246: Minimalism vs. Earning More Money by Kristin Wong (Save Thousands & FIRE). Kristin Wong of TheWildWong.com was laid off in 2013. She took on some freelancing gigs to earn extra cash while she searched for a new, full-time job and over time, her freelancing gigs increased. She started writin...

Scott Alan Turner shares exactly how to get to 1 million dollars. This is Part 2 of 2. Episode 245: How to Get to 1 Million Dollars - Part 2 by Scott Alan Turner (Investing Success). Scott Alan Turner is the author of the best-selling book 99 Minute Millionaire - The Simplest and Easiest Book Ever on Getting Started Investing and Retiring Rock Star Rich, available on Amazon. He’s been featured on...

Scott Alan Turner shares exactly how to get to 1 million dollars. This is Part 1 of 2. Episode 244: How to Get to 1 Million Dollars - Part 1 by Scott Alan Turner (Residual Income & Portfolio Investing). Scott Alan Turner is the author of the best-selling book 99 Minute Millionaire - The Simplest and Easiest Book Ever on Getting Started Investing and Retiring Rock Star Rich, available on Amazon. He...

Mr. Money Mustache shares how/why/when to move to a new place. This is Part 2 of 2. Episode 243: Get Rich With: Moving to a Better Place - Part 2 by Mr. Money Mustache (Saving Money on Living Costs). 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, th...

Mr. Money Mustache shares how/why/when to move to a new place. This is Part 1 of 2. Episode 242: Get Rich With: Moving to a Better Place - Part 1 by Mr. Money Mustache (Geographic Arbitrage). 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...

Scott Alan Turner shares 4 ways to protect your finances. Episode 241: 4 Ways to Protect Your Finances - The Armor of Money by Scott Alan Turner of The Scott Alan Turner Show (FIRE). Scott Alan Turner is the author of the best-selling book 99 Minute Millionaire - The Simplest and Easiest Book Ever on Getting Started Investing and Retiring Rock Star Rich, available on Amazon. He’s been featured on...

J. Money of Budgets Are Sexy talks about his struggle of working for money vs. passion. Episode 240: Working For Money vs. Passion by J. Money of Budgets Are Sexy (Enjoying Work). 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 some...

Ramit Sethi shares his opinion of cutting back and the budgeting of small, regular expenses. Episode 239: The Psychology of Cutting Back on Lattes by Ramit Sethi of I Will Teach You To Be Rich (401k). 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 on what actually works. N...

J.D. Roth analyzes Derek Sivers' list of ways to stop being rich & happy. Episode 238: How to Stop Being Rich & Happy by J.D. Roth of Money Boss (Debt & How to take control of my 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 turn...

Money Mini Blog's Kalen Bruce gives the breakdown of retirement plans with specific steps. Episode 237: Understanding Retirement Plans: Your Options and What's Best For You by Kalen Bruce of Money Mini Blog (401k & IRA). 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 buil...

Sam of Financial Samurai discusses how to avoid late credit card payments' effects on your credit score. Episode 236: Will a Late Credit Card Payment Hurt My Credit Score by Sam Dogen of Financial Samurai (Credit Score). 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 se...

The Mad Fientist shares a simple way to triple the value of your income. Episode 235: Triple Value of Income by The Mad Fientist (Real Estate Investing & Financial Independence). The Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire even earlier. Most personal finance advice is gear...

Philip Taylor of PTMoney.com shares how you can save 20% of your income consistently. Episode 234: How to Save 20% of Your Income (Consistently) Each Year in Your 30s by Philip Taylor of PT Money (Early Retirement). 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 w...

Mr. Money Mustache shares how his wife quit a cash cow job and what it all means. Episode 233: Quitting a Cash Cow Job 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 in Canada, then worked in standard tech-industry cu...

A guest author on Good Life Zen has a great take on suffering with your personal finances. Episode 232: How to Find Meaning in Tough Times by Kent Thune with Good Life Zen (How to Save Money). Mary Jaksch is an authorized Zen master (Diamond Sangha lineage), psychotherapist, and author. She has two nationalities,--English and German--and lives in New Zealand. She's the mother of a grown-up son and...

2 articles from Joshua Becker about our shopping habits. Episode 231: Who's Helping Me Not Waste Money And 17 Staggering Statistics About Our Shopping Habits from 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 important pursuits. Their story has b...

A guest author on Budgets Are Sexy shares a story of how a little stealing can easily turn into a life disaster. This is Part 2 of 2. Episode 230: Financial Confessions Part 2 from Budgets Are Sexy (Managing Money). 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...

A guest author on Budgets Are Sexy shares a story of how a little stealing can easily turn into a life disaster. Episode 229: Financial Confessions: I Became So Obsessed with Being Rich That I'm Now Sitting in Prison - Part 1 from 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...

Leo Babauta of Zen Habits shares 20 money hacks to improve your finances. This is Part 2 of 2. Episode 228: 20 Money Hacks: Tips and Tricks to Improve Your Finances - Part 2 by Leo Babauta of Zen Habits (Manage Money). 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 importan...

Leo Babauta of Zen Habits shares 20 money hacks to improve your finances. This is Part 1 of 2. Episode 227: 20 Money Hacks: Tips and Tricks to Improve Your Finances - Part 1 by Leo Babauta of Zen Habits (Residual Income). 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 impor...