Optimal Finance Daily - Financial Independence and Money Advice

Marjolein Dilven helps you stick to your budget Episode 2200: How to Stick to Your Budget - 9 Motivation Tips by Marjolein Dilven Marjolein is the founder of Radical FIRE. She has a finance and economics background with a master’s in Finance. Radical FIRE is a personal finance blog that helps you live your dream life by making more money and investing. They want you to reach your financial goals a...

Jeremy Jacobson of Go Curry Cracker talks about what he would do if he retired early today Episode 2199: If I Were Retiring Early Today by Jeremy Jacobson Winnie Tseng is from Taiwan and is the Go Curry Cracker resident photographer. After working in high tech, she found her real love making magic happen behind the camera and in the kitchen. Now she travels the world in search of new flavors and i...

Len Penzo shares two shorts posts covering why your luxury car doesn't impress smart people and what the difference is between cheap and frugal Episode 2198: Why Your Expensive Luxury Car Doesn’t Impress Smart People AND What Is the Difference Between Cheap and Frugal? by Len Penzo Len Penzo writes about personal finance and macroeconomics on his eponymous personal finance blog, which has been twi...

Jim Wang with Get Rich Slowly helps you prepare for buying a home Episode 2197: How to Prepare for Buying a Home by Jim Wang 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. By being the boss of your own l...

Christina Browning of Our Rich Journey talks about what to do if you're older and don't have a retirement plan Episode 2196: Older and Don’t Have a Retirement Plan? Do This by Christina Browning Amon and Christina are former federal government employees that focused on saving, making, and investing money so that they could grow enough wealth in their investments to never have to work again. And, g...

Leo Babauta of Zen Habits shares how to wait less. Episode 2195: How to Wait Less by Leo Babauta 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 happiness. The original post is located here: http://zenhabits.net/wait  Visit Me Online...

FIRECracker with JLCollinsNH.com shares why you should buy your freedom and rent the rest. Episode 2194: Buy Your Freedom; Rent the Rest by FIRECracker 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, developing and implementing business plans, creating powerful marketin...

Michelle Schroeder-Gardner of Making Sense of Cents tells you what to do when you can't pay your bills Episode 2193: What To Do When You Can’t Pay Your Bills by 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 months, kept track of progress, and helped...

Scott Rieckens of Playing With Fire talks about how to pay off your student loans quickly. This is part 2 of 2. Episode 2192: [Part 2] How to Pay Off Student Loans Fast On Your Path to FIRE by Scott Rieckens A successful entrepreneur living in Southern California, Scott Rieckens had built a “dream life”: a happy marriage, a two-year-old daughter, a membership to a boat club, and a BMW in the drive...

Scott Rieckens of Playing With Fire talks about how to pay off your student loans quickly. This is part 1 of 2. Episode 2191: [Part 1] How to Pay Off Student Loans Fast On Your Path to FIRE by Scott Rieckens A successful entrepreneur living in Southern California, Scott Rieckens had built a “dream life”: a happy marriage, a two-year-old daughter, a membership to a boat club, and a BMW in the drive...

Jeff Rose shares how to withdraw money from your IRA without penalty Episode 2190: How to Withdraw Money From Your IRA Penalty Free by Jeff Rose Jeff Rose, CFP® is a Certified Financial Planner™, founder of Good Financial Cents, and author of the personal finance book Soldier of Finance. Jeff is an Iraqi combat veteran and served 9 years in the Army National Guard. His work is regularly featured i...

Mr. Finer talks about the dangers of lifestyle inflation Episode 2189: Why Lifestyle Inflation is Harmful and How to Avoid it by Mr. Finer Mr. Finer is a normal salaried employee who achieved FI with no side hustle or other income sources. After spending a decade without any plan, he started pursuing FI in his 30s, and achieved it at 40. He created his blog to share experiences, mistakes, successe...

Kristoffer Notario of Rat Race Running talks about which big-ticket items to consider Episode 2188: Big-Ticket Items: What Should You Consider? by Kristoffer Notario Kristoffer is an electronics engineer by profession, a teacher by vocation, and a writer by mission. He used to work in a Fortune Global 500 company in the Philippines, but it didn’t take long before he realized that life in a corpora...

Rachel Shanken of MindBodyWise shares her thoughts on conquering your “feelings phobia”. Episode 2187: Conquering your "Feelings Phobia" by Rachel Shanken Rachel Shanken is a Licensed Mental Health Counselor, Yoga Instructor, and now a Phoenix Rising Yoga Therapy Practitioner. Her philosophy is simple: what you seek is already within you. In the busy lives we lead, it's sometimes difficult to stop...

Philip Dancy of Dancy With Money shares how to strategically use credit cards and the pain of paying with cash. Episode 2186: How To Strategically Use Credit Cards AND The Pain of Paying: Carrying Cash by Philip Dancy Philip Dancy joined one of the top investment banking firms upon his graduation from the Five Year MBA program at Hampton University. After starting his career in New York City and g...

Robert Farrington of The College Investor talks about how student loans work Episode 2185: How Student Loans Work: Applying, Borrowing, and Paying Back by Robert Farrington 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 make smart choices about college financing options and...

Jen Hayes talks about the role that luck plays in personal finance Episode 2184: How Much of Personal Finance is Luck? By Jen Hayes A few years ago, Jen and her husband were buried in $117,000 of student loan debt. Now, they've paid off over $100k of debt, and they're on track to have the rest paid off by the end of this year. Join their email list to get exclusive tips on how to save money, earn...

Jaime of Keep Thrifty provides 5 lessons she learned from not buying anything new Episode 2183: 5 Lessons From Our Buy Nothing New Challenge by Jaime of Keep Thrifty Chris and Jaime live in the suburbs of Madison, WI with their three daughters. While living the typical suburban life, they are challenging the norms by living outside the box and creating the freedom they desire. At Keep Thrifty, the...

Jackie Beck helps you speed up debt repayment Episode 2182: How to Speed Up Debt Repayment With One Simple Trick by Jackie Beck Jackie and her husband paid off over $147,000 in debt, including their house! She’s walked the walk to become completely debt free, and she wants to help you do the same with her award-winning Pay Off Debt by Jackie Beck app. Jackie and her app have been featured in Oprah...

Chelsea Brennan of Smart Money Mamas talks about how to stop emotional spending. This is part 2 of 2. Episode 2181: [Part 2] 5 Simple Ways to Crush Emotional Spending for Good by Chelsea Brennan Chelsea Brennan is a hedge fund investor turned online entrepreneur that helps moms make their money work for them and embrace their ambitions, so they can live their fullest lives. The original post can b...

Chelsea Brennan of Smart Money Mamas talks about how to stop emotional spending. This is part 1 of 2. Episode 2180: [Part 1] 5 Simple Ways to Crush Emotional Spending for Good by Chelsea Brennan Chelsea Brennan is a hedge fund investor turned online entrepreneur that helps moms make their money work for them and embrace their ambitions, so they can live their fullest lives. The original post can b...

Rachel Trotta shares the benefits of sleep for weight loss and other fitness goals. Episode 2179: Benefits of Sleep for Weight Loss and Other Fitness Goals by Rachel Trotta Rachel Trotta is a certified personal trainer, fitness nutritionalist, and health writer living in Red Bank, New Jersey, and helping clients all over the world. She loves helping women transform their habits and their relations...

Chris Guillebeau shares his thoughts on 100 countries or an S.U.V. Episode 2178: 100 Countries or an S.U.V.? by Chris Guillebeau Chris Guillebeau is a New York Times bestselling author and modern-day explorer. He is the author of 5 books and his daily podcast, Side Hustle School, is downloaded more than 2 million times a month. Every summer in Portland, Oregon, Chris hosts the World Domination Sum...

Jennifer Coyle with No Sidebar asks if you're a responsible consumer Episode 2177: Are You a Responsible Consumer? by Jennifer Coyle No Sidebar was created by Brian Gardner and is all about designing a simpler life. He and the contributing authors want to help you figure out what's getting in your way, at home and at work. They want to help you let go of distractions, online and off–to turn down t...

Nick Maggiulli talks about how the wealthy invest Episode 2176: How Do the Wealthy Invest? by Nick Maggiulli The goal of Of Dollars And Data is to help you make better financial decisions using the best information available. Ultimately, Nick wants you to act smarter and live richer. As a result, this blog will cover ideas such as: -What to expect from financial markets -How to think about risk -H...