Optimal Finance Daily - Financial Independence and Money Advice

Julien Saunders of Rich and Regular shares 4 lessons learned from his second rental property Episode 1900: 4 Lessons Learned From Our 2nd Rental Property by Julien Saunders of Rich and Regular Julien and Kiersten started rich & REGULAR in 2017 after their stint in real estate investing led them to discover the F.I.R.E movement. At that point, they'd listened to their friends complain about doing e...

Dr. Jeff Anzalone of Physician on Fire talks about how to develop 7 different streams of income. This is part 2 of 2. Episode 1899: [Part 2] 7 Streams of Income: The Millionaire’s Secret by Dr. Jeff Anzalone with Physician On Fire Leif is a former anesthesiologist, a family man, and a supposed outdoors enthusiast who spends way too much time indoors. Physician on FIRE is a personal finance website...

Dr. Jeff Anzalone of Physician on Fire talks about how to develop 7 different streams of income. This is part 1 of 2. Episode 1898: [Part 1] 7 Streams of Income: The Millionaire’s Secret by Dr. Jeff Anzalone with Physician On Fire Leif is a former anesthesiologist, a family man, and a supposed outdoors enthusiast who spends way too much time indoors. Physician on FIRE is a personal finance website...

Michael Smith with Financial Finesse shares his thoughts on getting crushed by student loans. Episode 1897: I Don't Want My Kids to be Crushed by Student Loans. Do You? by Michael Smith with Financial Finesse on College After years in the financial services industry, Liz Davidson became disgusted with how many people were being sold financial products and services that were not in their best inter...

FIRECracker of Millennial Revolution talks about how a diversified portfolio can help you overcome the fear of early retirement Episode 1896: Fear Will Hold You Prisoner; a Diversified Portfolio Will Set You Free by FIRECracker of Millennial Revolution FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but instead of drowning in debt, s...

Kalen Bruce of Freedom Sprout shares 6 ways to save $1,000 quickly Episode 1895: 6 Ways to Save Your First $1,000 Quickly by Kalen Bruce of Freedom Sprout on Everyday Saving Tips Kalen Bruce created Freedom Sprout to fill a void. He heard too many conversations about how "they don't teach finance in schools." It took years for him to stop complaining about it and do something about it. He has five...

Camilo Maldonado of The Finance Twins tells you why you shouldn't be picking individual stocks Episode 1894: Here's Why You Shouldn't Be Picking Individual Stocks by Camilo Maldonado of The Finance Twins Camilo and Francisco Maldonado are the Finance Twins. Most people think money is confusing unless you are an accountant. We used to think that too. After working incredibly hard and catching sever...

An excerpt from the book Transparent Investing: How to Play the Stock Market Without Getting Played by Patrick Geddes Episode 1893: An Excerpt From Transparent Investing: How to Play the Stock Market Without Getting Played by Patrick Geddes The investment industry wants you to believe in stock market wizards who can predict the future and make a killing for you. But there’s a simpler way to invest...

Gordon Stein of Cash Flow Cookbook talks about the value of making simple financial changes Episode 1892: Surfing to Financial Wellness by Gordon Stein of Cash Flow Cookbook on Making Simple Financial Changes Gordon is an international personal finance speaker, author and blogger on a mission to help everyone attain financial wellness. North Americans are struggling with high levels of personal de...

Amy Blacklock and Vicki Cook of Women Who Money talk about the difference between preferred and common stocks The co-founders of Women Who Money are Amy Blacklock from Life Zemplified and Vicki Cook, from Make Smarter Decisions. Vicki and Amy connected initially online and eventually met in person at a financial conference in the fall of 2017. They’ve both reached financial independence and left f...

Brian Tracy shares 5 reasons why most don't become wealthy Episode 1890: 5 Reasons Why Most Don't Become Wealthy by Brian Tracy on Taking The Long View On Your Finances Brian Tracy's goal is to help you achieve your personal and business goals faster and easier than you ever imagined. BrianTracy has consulted for more than 1,000 companies and addressed more than 5,000,000 people in 5,000 talks and...

Melanie Lockert of Student Loan Planner talks about what to do with unused student loan money Episode 1889: What to Do With Unused Student Loan Money by Melanie Lockert of Student Loan Planner on Reducing Debt Loans Student Loan Planner has the country's top experts in figuring out exactly what to do with monster student loan debt. If you owe $20,000 to $1 million in student loans, they can help y...

Barney of The Escape Artist talks about taking control of your own investments and the value of wealth managers Episode 1888: Honey, I Fired the Wealth Manager by Barney of The Escape Artist on Taking Control of Your Own Investments Barney Whiter writes about money and financial freedom at The Escape Artist. He has a degree in economics, is a qualified chartered accountant and had a 20 year career...

Craig Stephens of Retire Before Dad talks about how financial independence affects traveling Episode 1887: The Holy Grail of Travel by Craig Stephens of Retire Before Dad on Finding Your Financial Independence Craig Stephens of Retire Before Dad is a 43-year-old IT professional, investor, and blogger based in the Washington, DC metro area. His primary financial goal is to retire at age 55, one yea...

Philip Taylor of PT Money shares 10 reasons to start a Roth IRA Episode 1886: 10 Reasons to Get Off Your Butt and Start a Roth IRA by Philip Taylor of PT Money on Retirement Savings 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...

Sean Mullaney of FI Tax Guy talks about tax planning for inherited IRAs. This is part 2 of 2. Episode 1885: [Part 2] Tax Planning For Inherited IRAs by Sean Mullaney of FI Tax Guy Sean Mullaney is a financial planner and the President of Mullaney Financial & Tax, Inc. Mullaney Financial & Tax, Inc. offers fiduciary, fee-only, hourly, and advice-only financial planning. Sean established Mullaney Fi...

Sean Mullaney of FI Tax Guy talks about tax planning for inherited IRAs. This is part 1 of 2. Episode 1884: [Part 1] Tax Planning For Inherited IRAs by Sean Mullaney of FI Tax Guy Sean Mullaney is a financial planner and the President of Mullaney Financial & Tax, Inc. Mullaney Financial & Tax, Inc. offers fiduciary, fee-only, hourly, and advice-only financial planning. Sean established Mullaney Fi...

Vitaliy Katsenelson of Contrarian Edge shares why the market right now doesn't care how fantastic your stocks are. Episode 1883: The Market Right Now Doesn't Care How Fantastic Your Stocks Are by Vitaliy Katsenelson of Contrarian Edge Vitaliy Katsenelson is the CEO and Chief Investment Officer at Investment Management Associates. He has written two books on investing, which were published by John...

Liz of Frugalwoods talks about why she doesn't micromanage her money Episode 1882: Why We Don't Micromanage Our Money by Liz of Frugal Woods on Establishing a Money Routine The Frugalwoods are ex-urban, rookie homesteaders finding contentment (and a lot of chores) on 66 acres in rural central Vermont along with their two young daughters. They write about a wide range of topics, including their exp...

Lisa Harrison of Mad Money Monster talks about why FIOR is better than FIRE Episode 1881: 5 Reasons Ditching FIRE For FIOR Might Be Your Best Financial Move by Lisa Harrison of Mad Money Monster Lisa is a mother, scientist, and financial enthusiast. She founded Mad Money Monster, a personal finance blog chronicling her and her family’s journey from doing money all wrong to doing it all right. She...

Dawn Starks of Simple Money Pro tells you how you can be prepare to manage money in a crisis Episode 1880: Bare Bones Money Management in a Crisis by Dawn Starks of Simple Money Pro Dawn Starks has been a financial planner for over twenty years. Her aim with financial planning work has always been to simplify things for clients. Making concepts easier to grasp and less scary is the goal. Dawn's Si...

Andy Hill of Marriage Kids And Money talks about how to invest ethically Episode 1879: Ethical Investing - When Doing Well and Doing Good Meet by Andy Hill of Marriage Kids and Money Andy Hill is a husband and father to two awesome (and crazy) kids and they hail from the great state of Michigan. His goal is to give his family the best life possible and strengthen their family tree for generations...

Chris Mamula of Can I Retire Yet tells you how to assess your financial health. This is part 2 of 2. Episode 1878: [Part 2] Assessing Your Financial Health by Chris Mamula of Can I Retire Yet on Plans For Financial Independence Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become fi...

Chris Mamula of Can I Retire Yet tells you how to assess your financial health. This is part 1 of 2. Episode 1877: [Part 1] Assessing Your Financial Health by Chris Mamula of Can I Retire Yet on Plans For Financial Independence Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become fi...

Robert Farrington of The College Investor shares the single most important trait that defines personal finance success. Episode 1876: The Single Most Important Trait That Defines Personal Finance Success by Robert Farrington of The College Investor Robert Farrington is a personal finance expert that focuses on helping millennials get out of student loan debt and start investing for their future. H...