Optimal Finance Daily - Financial Independence and Money Advice

Paula Pant of Afford Anything tells us why we should reject the "everyone has debt" mentality Episode 1650: Reject The 'Everyone Has Debt' Mentality by Paula Pant of Afford Anything on The Normalization of Debt Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate investing. She is a real estate investor,...

Tiffany Aliche of The Budgetnista discusses the power of an online only savings account Episode 1649: The Power of an Online Only Savings Account by Tiffany Aliche of The Budgetnista on Having A Savings Mindset Tiffany Aliche, is an award-winning teacher of financial education and is quickly becoming America’s favorite, personal finance expert. She has made it her mission to empower women and prov...

FIRECracker of Millennial Revolution warns you to not let comparisons derail your FIRE journey Episode 1648: Don't Let Comparisons Derail Your FIRE Journey by FIRECracker of Millennial Revolution on Your Own Success 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, she rejected home ownership. What resu...

Jillian Johnsrud tells you how to reduce the budget busters. Episode 1647: Reduce the Budget Busters by Gary with Jillian Johnsrud on Making Strides To Your Debt Free Climb Fifteen years ago when Jillian and her husband Adam were married, they had $55,000 in debt (credit card, student loans, and medical debt). They also had big dreams. They wanted to take mini-retirements. They wanted to travel th...

Philip Dancy of Dancy With Money shares two short posts covering wants versus needs, and unexpected emergency funds Episode 1646: Prioritizing Wants Versus Needs AND The Unexpected Emergency Funds Philip Dancy of Dancy With Money 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 Yor...

Kevin of Financial Panther talks about financial flexibility Episode 1645: You Probably Have No Idea What You Want by Kevin of Financial Panther on Being Financially Flexible 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 started...

Chris of Keep Thrifty encourages you to earn like a boss, but spend like an intern. This is part 2 of 2. Episode 1644: [Part 2] Earn Like A Boss Spend Like An Intern by Chris of Keep Thrifty on Managing Your Finances The Right Way 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 t...

Chris of Keep Thrifty encourages you to earn like a boss, but spend like an intern. This is part 1 of 2. Episode 1643: [Part 1] Earn Like A Boss Spend Like An Intern by Chris of Keep Thrifty on Managing Your Finances The Right Way 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 t...

Philip Taylor of PT Money talks about whether or not it's worth it to change jobs for more money Episode 1642: Changing Jobs for More Money - Is it Worth It by Philip Taylor of PT Money on Career Financial Management 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...

Lisa Harrison of Mad Money Monster talks about why she feels like a baller when she shops at the dollar store Episode 1641: Why I Feel Like A Baller When I Shop At The Dollar Store by Lisa Harrison of Mad Money Monster on Frugality 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...

Andy Hill shares 10 life changing steps to help you climb out of massive debt Episode 1640: Climb Out Of Massive Debt with These 10 Life Changing Steps 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 gen...

ESI of ESI Money shares three simple money resolutions to help you prosper Episode 1639: Three Simple Money Resolutions to Help You Prosper in 2017 and Beyond by ESI Money on Setting Financial Goals 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 p...

Sierra Black with Get Rich Slowly talks about the scenarios in which renting is smarter than buying Episode 1638: When Renting is Smarter Than Buying by Sierra Black with Get Rich Slowly on Weighing The Pros and Cons of Renting 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...

Helene Massicotte of Free To Pursue shares the darker side of keeping up with the Joneses Episode 1637: The Darker Side of Keeping Up With The Joneses by Helene Massicotte of Free To Pursue on Financial Cushions Helene Massicotte blogs about living life on your terms and experiencing true personal freedom. She describes herself as a person in search of all that life has to offer and who has built...

Christina Browning of Our Rich Journey informs you of 4 emergency funds you need, not including the traditional emergency fund Episode 1636: 4 Emergency Funds You Need Not Including The Traditional Emergency Fund by Christina Browning of Our Rich Journey Amon and Christina are former federal government employees that focused on saving, making, and investing money so that they could grow enough wea...

Jackie Beck explains different types of debt Episode 1635: The Types of Debt Explained by Jackie Beck on The Difference Between Secured and Unsecured Debts 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...

Sarah Sharkey of Student Loan Planner tells undergrads everything they need to know about paying for college Episode 1634: How to Pay for College - Everything Undergrads Need to Know by Sarah Sharkey with Student Loan Planner 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...

John Assaraf with My Neurogym talks about whether or not your brain predicts your financial success Episode 1633: Does Your Brain Predict Your Financial Success by John Assaraf of My Neurogym on Financial Success NeuroGym applies scientifically-proven methods and technologies for helping people expand their mental and emotional power to reach their fullest potential. Their Mission is to be the lea...

Paula Pant of Afford Anything tells us why her 77% savings rate is meaningless Episode 1632: Why My 77 Percent Savings Rate Means Nothing by Paula Pant of Afford Anything on What Really Matters Instead Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate investing. She is a real estate investor, as the o...

Kumiko of The Budget Mom shares 4 budgeting myths that you should ignore Episode 1631: 4 Budgeting Myths You Should Ignore by Kumiko of The Budget Mom on Simple Financial Smarts Kumiko went from having a pile of credit card debt to becoming a successful budgeter and Accredited Financial Counselor. The Budget Mom exists to empower women to build a life they love on a budget they understand and can...

Dawn Starks of Simple Money Pro talks about how to reduce the cost of car ownership Episode 1630: Reduce the Cost of Car Ownership by Dawn Starks of Simple Money Pro on Tighening Up On Car Payments 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...

Scott Spann with Financial Finesse talks about the reality of retirement planning Episode 1629: Can You Really Save More Tomorrow by Scott Spann of Financial Finesse on Planning For Retirement 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 there had...

Kevin of Financial Panther shares the unexpected benefit of earning less money each year Episode 1628: The Unexpected Benefit of Earning Less Money Each Year by Kevin of Financial Panther on Income Trajectory 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...

Jeff Rose talks about the impact that debt has on stress and health. Episode 1627: Dear Dad Why Did You Let Debt Kill You by Jeff Rose of Good Financial Cents on Developing A Proper Financial Plan 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 A...

Corey of The Fioneers talk about how to save money where it matters most. This is part 2 of 2. Episode 1626: [Part 2] Save Money Where It Matters Most by Corey of The Fioneers on Reducing Your Household Expenses 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 many defin...