Optimal Finance Daily - Financial Independence and Money Advice

Joel of 5AM Joel reveals 10 financial statistics of the average American. Episode 1575: 10 Financial Statistics of the Average American by Joel of Budgets Are Sexy on Finance Comparisons 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 5am. It sta...

Amanda of Women Who Money discusses whether or not it's a good idea to plan for social security. Episode 1574: Social Security - Planning For It or Not In Your Future 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...

Camilo Maldonado of The Finance Twins tells you when it makes sense to buy your first house. Episode 1573: Here's When To Buy Your First House by Camilo Maldonado of The Finance Twins on Making Sense When Buying A Home 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...

Alexa Mason of The College Investor offers 10 ways to pay off your mortgage faster. Episode 1572: 10 Ways to Pay Off Your Mortgage Faster by Alexa Mason with The College Investor on What To Do Before Buying 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 ab...

Andrea Joy of Saving Joyfully offers the best strategy to successfully start a savings account or emergency fund. Episode 1571: Best Strategy To Successfully Start A Savings Account Or Emergency Fund by Andrea Joy of Saving Joyfully Andrea Joy is the creator of Saving Joyfully, a personal finance and frugality blog emphasizing joyful living. On her website, savingjoyfully.com, she offers inspirati...

Dawn Starks of Simple Money Pro encourages you to honor your money history and seek out patterns. Episode 1570: Honor Your Money History by Dawn Starks of Simple Money Pro on Being Mindful of Money Patterns 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 sca...

Craig Stephens of Retire Before Dad talks about increasing the rent to boost cash flow. Episode 1569: Rent Increase - An Easy Boost To Cash Flow by Craig Stephens of Retire Before Dad on Raising The Rent 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 year befo...

Philip Taylor of PT Money shares 12 ways to make yourself recession-proof. Episode 1568: 12 Ways to Make Yourself Recession Proof by Philip Taylor of PT Money on Regaining Your Financial Balance 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...

Kiersten Saunders of Rich and Regular reminds us that there's a difference between being broke and being broken. Episode 1567: You May Be Broke But Not Broken by Kiersten Saunders of Rich and Regular on The Tactics of Paying Off Debt 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 listene...

Mike Ballew of Eggstack discusses the pros and cons of Roth conversion. Episode 1566: Roth Conversion by Mike Ballew of Egg Stack on the Financial Pros and Cons of Roth Conversion 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. Hi...

Kalen Bruce of Freedom Sprout explains why you can take more risks if you're a young investor. Episode 1565: You Can Take More Risks When You Invest Young Explained by Kalen Bruce of Freedom Sprout 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 ab...

Andy Hill talks about the life changing benefits of complete debt freedom. Episode 1564: The Life Changing Benefits of Complete Debt Freedom 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 to...

Lisa Harrison of Mad Money Monster shares 5 ways she avoided lifestyle inflation to reach financial freedom. This is part 2 of 2. Episode 1563: [Part 2] 5 Ways We Avoided Lifestyle Inflation to Reach Financial Freedom 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 j...

Lisa Harrison of Mad Money Monster shares 5 ways she avoided lifestyle inflation to reach financial freedom. This is part 1 of 2. Episode 1562: [Part 1] 5 Ways We Avoided Lifestyle Inflation to Reach Financial Freedom 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 j...

Brian Tracy tells us how to earn more money and more time by eliminating time wasters Episode 1561: Earn More Money and More Time - Eliminate the Time Wasters by Brian Tracy on Time Management 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 p...

Jeff Rose provides 5 tips to help you survive being laid off. Episode 1560: 5 Ways To Survive a Layoff by Jeff Rose of Good Financial Cents on Crisis Budgeting 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 regul...

J.D. Roth with Get Rich Slowly talks about cutting back on unnecessary expenses Episode 1559: You Are Your Own Worst Enemy by JD Roth of Get Rich Slowly on Cutting Back On Unnecessary Expenses 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 starte...

Michelle Schroeder-Gardner of Making Sense of Cents reflects on paying off over $25,000 in credit card debt. Episode 1558: I've Paid Off Over 25 Thousand in Credit Card Debt by Michelle Schroeder Gardner of Making Sense of Cents 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 mo...

Jen Hayes shares 5 terrible money habits that will keep you broke. Episode 1557: 5 Terrible Money Habits Keeping You Broke by Jen Hayes on Mindset Adjustments for Personal Finance 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 t...

Helene Massicotte of Free To Pursue insists that retirement and financial independence equals apples and oranges. Episode 1556: Retirement and Financial Independence Equals Apples and Oranges by Helene Massicotte of Free To Pursue 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...

Kumiko of The Budget Mom tells you what to do if you can't afford to pay your bills Episode 1555: What to Do if You Can't Afford to Pay Your Bills by Kumiko of The Budget Mom on Financial Struggles 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...

Scott Spann with Financial Finesse gives you 5 retirement questions you need to ask yourself. Episode 1554: 5 Retirement Questions You Need To Ask by Scott Spann with Financial Finesse on The Cost of 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...

Diania Merriam answers a listener's question about whether or not a market crash is coming soon and how to prepare. Episode 1553: Q&A with Diania Merriam - If a Market Crash is Coming Should I Change My Investing Strategy & Car Loans Ladder makes it impressively fast and easy to get covered with affordable life insurance. No hidden fees. Cancel any time. Go to LadderLife.com/OFD to see if you’re i...

ESI of ESI Money talks about the idea of financial chess and building financial strategies for the future. Episode 1552: Playing Financial Chess by ESI Money on Building Financial Strategies for Your Future 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 lif...

J. Money of Budgets Are Sexy shares Mark Cuban's advice for how to get rich. Episode 1551: Mark Cuban Tells You How To Get Rich by J Money of Budgets Are Sexy on Saving As Much Money As Possible 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 months, made a bud...