Optimal Finance Daily - Financial Independence and Money Advice

Ramit Sethi shares 5 things that are totally worth the money. Episode 226: 5 Things That Are Worth the Money by Ramit Sethi of I Will Teach You To Be Rich (Smart 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 on what actually works. Not just for personal financ...

Money Mini Blog's Kalen Bruce shares why the general population is financially illiterate and what to do about it. Episode 225: Why is the General Population Financially Illiterate by Kalen Bruce of Money Mini Blog (Making Money). 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-fre...

J.D. Roth shares his take on financial independence and how to reach it. Episode 224: Financial Independence in Plain English by J.D. Roth of Money Boss (How to Retire Early). 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 everyth...

Sam of Financial Samurai shares how friends can deeply impact your bottom line. Episode 223: Your Friends Really Do Influence Your Spending Habits by Sam Dogen of Financial Samurai (Save Money). 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, h...

The Mad Fientist questions what it means to retire early. Episode 222: Emotions of Financial Independence by The Mad Fientist of the Financial Independence Podcast (Early Retirement Lifestyle). 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...

A great post from PTMoney.com with 10 simple tips to save money online today. Episode 221: 10 Ways to Use 'The Internets' to Save Money Online by Emily Guy Birken with PT Money (Online 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 life you want. It was started by Philip Ta...

Mr. Money Mustache explains the difference between frugal and cheap. This is Part 2 of 2. Episode 220: Frugal vs. Cheap - Part 2 by Mr. Money Mustache (Frugality & Saving Thousands). 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 stan...

Mr. Money Mustache explains the difference between frugal and cheap. This is Part 1 of 2. Episode 219: Frugal vs. Cheap - Part 1 by Mr. Money Mustache (Frugality & Investing 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 in Canada, then worked in stan...

J. Money of Budgets Are Sexy points out, with 5 examples from his own life, how there's an optimal level of spending. Episode 218: The Exact Amount to Maximize Happiness by J. Money of Budgets Are Sexy (Financial Freedom & 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...

Ramit Sethi shares another tip from his series to save money--this time on optimizing your cell phone bill. Episode 217: Tip 5: Optimize Your Cell Phone Bill by Ramit Sethi of I Will Teach You To Be Rich (Save Money). 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...

Joshua Becker shares how stories of generosity can make a bigger difference. Episode 216: The Stories of Generosity We Ought to Champion by Joshua Becker of Becoming Minimalist (Donating 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...

Money Mini Blog's Kalen Bruce shares how simple it is to invest your money properly. Episode 215: The Most Important Article You'll Ever Read on Investing by Kalen Bruce of Money Mini Blog (The Warren Buffett Method). 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 buildin...

Kristin Wong shares her side of the ongoing rent vs. buy debate. Episode 214: Buying a House is Overrated. Here's Why I Did It Anyway by Kristin Wong of The Wild Wong (Real Estate Investing). 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 starte...

J.D. Roth of Money Boss shares the importance of building financial empathy. This is Part 2 of 2. Episode 213: Building Financial Empathy - Part 2 by J.D. Roth of Money Boss (Retire Happy). 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 t...

J.D. Roth of Money Boss shares the importance of building financial empathy. This is Part 1 of 2. Episode 212: Building Financial Empathy - Part 1 by J.D. Roth of Money Boss (Happy Retirement). 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 start...

Sam of Financial Samurai shares his opinion of homeownership being the "American Dream." Episode 211: Should Homeownership Still Be the American Dream by Sam Dogen of Financial Samurai (Real Estate 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 chao...

Leo Babauta of Zen Habits shares some tips about the debt snowball and how to eliminate debt. Episode 210: Eliminate Debt with the Snowball by Leo Babauta of Zen Habits (Student Loans). 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, find...

A guest author on Budgets Are Sexy shares some common money mistakes that we've probably overlooked. Episode 209: Why Smart People Make Bad Spending Decisions by Ornella Grosz 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...

Mr. Money Mustache shares ways that you're "cleaning" out your wallet. This is Part 2 of 2. Episode 208: Are You Cleaning Out Your Own Wallet - Part 2 by Mr. Money Mustache (Financial Habits). 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 work...

Mr. Money Mustache shares ways that you're cleaning out your wallet. This is Part 1 of 2. Episode 207: Are You Cleaning Out Your Own Wallet - Part 1 by Mr. Money Mustache (Saving Money). 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...

Joshua Becker shares how return policies actually help stores, not the consumer. Episode 206: How Refund Policies Encourage Spending (and Reduce Returning) by Joshua Becker of Becoming Minimalist (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 pursui...

Ramit Sethi shares actionable steps to take to negotiate lower car insurance. Episode 205: How to Negotiate Lower Car Insurance by Ramit Sethi of I Will Teach You To Be Rich (Car Debt). 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. Not just for per...

A guest author on MoneyMiniBlog shares some creative ways to save money for a vacation. Episode 204: 10 Creative Ways to Save Money for a Vacation by Amber Clark with Money Mini Blog (Travel Money). 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 sha...

Kristin Wong shares a financial principle we should all consider. Episode 203: Why Buffering is Crucial to Your Finances by Kristin Wong (Budgeting & Debt). 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 writing for sites that she loved...

J.D. Roth will be tracking every single expense in 2017 and shares why he's doing it. Are you up for the challenge? Episode 202: Why I Plan to Track My Spending During 2017 by J.D. Roth of Money Boss (Budgeting & Debt). 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...