Optimal Finance Daily - Financial Independence and Money Advice

Mr. 1500 of 1500 Days talks about being richer in retirement Episode 1725: Richer In Retirement by Mr. 1500 of 1500 Days on Financial Freedom & Becoming Financially Independent Mr. 1500 is a family guy living in Colorado with his wife and two young children. He studied biology and chemistry in college, but somehow turned into a software developer. In 2013 at the age of 39, he set a goal to build a...

Joel of 5AM Joel talks about financial FOMO and how to avoid it. This is part 2 of 2. Episode 1724: [Part 2] Financial FOMO: What, Why and How To Avoid It by Joel of 5AMJoel on Practicing Gratitude Joel is a 35-year old living in Los Angeles with his wife and their dog. He was born and raised in Australia and moved to the US when he was 22. About 4 years ago he started getting up every morning at...

Joel of 5AM Joel talks about financial FOMO and how to avoid it. This is part 1 of 2. Episode 1723: [Part 1] Financial FOMO: What, Why and How To Avoid It by Joel of 5AMJoel on Practicing Gratitude Joel is a 35-year old living in Los Angeles with his wife and their dog. He was born and raised in Australia and moved to the US when he was 22. About 4 years ago he started getting up every morning at...

Leo Babauta of Zen Habits shares 6 steps to have healthy finances in your relationship. Episode 1722: 6 Key Steps to Healthy Finances in Your Relationship by Leo Babauta of Zen Habits 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 h...

Chris Panteli with Fiology shares 5 reasons that you won't reach financial independence Episode 1721: 5 Reasons You Won’t Reach Financial Independence by Chris Panteli with Fiology on Principles for Early Retirement Fiology is an educational resource designed to teach you about Financial Independence (FI). They have scoured the internet to find content from the best and brightest of the FI communi...

Sam of Financial Samurai reminds you that you will always regret sacrificing love for money Episode 1720: You Will Always Regret Sacrificing Love For Money by Sam of Financial Samurai on Building Wealth & Relationships 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 sens...

ESI of ESI Money tells you how to get an 8% investment return Episode 1719: How Can I Get an 8% Investment Return by ESI of ESI Money on Long-Term Expected Investing Returns ESI Money is written by "ESI", a 50-something retiree. The site is basically a list of what's allowed him to become financially independent and how you can implement those successes in your life. His philosophy is simple and f...

Doc G of Earn and Invest shares two short posts about the psychology of money and career Episode 1718: Stealth Wealth Fail AND The Wall Of Fear by Doc G of Earn And Invest on Psychology of Money & Career Doc G was an internal medicine physician when he discovered the personal finance community through a book called The White Coat Investor. Since then he has left clinical practice to pursue his pas...

Kevin of Financial Panther talks about intentional spending and simple living Episode 1717: The Things We Choose by Kevin of Financial Panther on Intentional Spending & Simple Living Kevin is an attorney, writer, gig economy expert, side hustler, and the blogger behind Financial Panther. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer. He...

Adam Murray of Living This Good Life shares 8 ways to make extra money and enjoy doing it Episode 1716: 8 Ways To Make Extra Money While Enjoying It by Adam Murray of Living This Good Life on More Sources of Income Adam grew up in a small town in New Brunswick, Canada. He knew from a young age that he wanted to explore and find what made him happy (and uncomfortable). He grew up as a very shy kid...

Ramit Sethi of I Will Teach You To Be Rich shares why some millionaires hide their riches from family and friends. Episode 1715: Stealth Wealth: Why This Millionaire Hides His Riches by Ramit Sethi of I Will Teach You to be Rich  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...

Mike Ballew of Egg Stack talks about housing options in retirement Episode 1714: House Rich and Cash Poor by Mike Ballew of EggStack on Housing Options in Retirement Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps o...

Brian Tracy tells us how to develop a positive money mindset Episode 1713: How to Develop a Positive "Money Mindset" by Brian Tracy on Money Affirmations & Financial Wellbeing Brian Tracy's goal is to help you achieve your personal and business goals faster and easier than you ever imagined. Brian Tracy has consulted for more than 1,000 companies and addressed more than 5,000,000 people in 5,000 t...

Paula Pant of Afford Anything tells us the surprising reason why people cling to jobs and investments longer than they should Episode 1712: The Surprising Reason Why People Cling to Jobs and Investments Longer Than They Should by Afford Anything Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate invest...

Chelsea Brennan of Smart Money Mamas shares the thought process of a frugal mind Episode 1711: The Thought Process of a Frugal Mind by Chelsea of Smart Money Mamas on Minimalism & Frugality 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 be fou...

Scott Rieckens of Playing With Fire helps you decide whether or not you should refinance your mortgage. This is part 2 of 2. Episode 1710: [Part 2] Should I Refinance My Mortgage by Scott Rieckens of Playing With Fire on Home Loan Savings 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 bo...

Scott Rieckens of Playing With Fire helps you decide whether or not you should refinance your mortgage. This is part 1 of 2. Episode 1709: [Part 1] Should I Refinance My Mortgage by Scott Rieckens of Playing With Fire on Home Loan Savings 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 bo...

Chris Reining shares how to calculate how much you really need to be financially independent. Episode 1708: This is How Much You Really Need to be Financially Independent by Chris Reining (FIRE) 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 wri...

Amanda of Women Who Money talks about when searching for saving costs you more time and money Episode 1707: When Searching for More Savings Costs You Time and Money by Amanda of Women Who Money 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 co...

J. Money of Budgets Are Sexy reminds you that it only gets easier after making your first $100,000 Episode 1706: The First $100,000 Is The Hardest by J. Money of Budgets Are Sexy on Building Wealth & Net Worth 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 mon...

Mr. Money Mustache talks about how to save money by working out at home Episode 1705: Get Rich With: Olympic Barbells by Mr. Money Mustache on Working Out at Home to Save 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 standard t...

Cynthia Meyer with Financial Finesse talks about reducing expenses to pay off debt Episode 1704: Would You Go This Far To Pay Off Your Debt by Cynthia Meyer with Financial Finesse on Reducing Expenses 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 interest. She decided th...

Jessica of The Fioneers shares 4 strategies to negotiate a higher starting salary. This is part 2 of 2. Episode 1703: [Part 2] 4 Strategies to Negotiate a Higher Starting Salary by Jessica of The Fioneers on Getting Paid Jess and Corey started The Pioneers as a way to track their journey to financial independence. If there’s anything they have learned so far, it’s that Financial independence has m...

Jessica of The Fioneers shares 4 strategies to negotiate a higher starting salary. This is part 1 of 2. Episode 1702: [Part 1] 4 Strategies to Negotiate a Higher Starting Salary by Jessica of The Fioneers on Getting Paid Jess and Corey started The Pioneers as a way to track their journey to financial independence. If there’s anything they have learned so far, it’s that Financial independence has m...

Jacob Lund Fisker of Early Retirement Extreme shares the three methods of finance Episode 1701: The Three Methods of Finance - When Enough is Enough by Jacob Lund Fisker of Early Retirement Extreme 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 fame" is the Early...