Optimal Finance Daily - Financial Independence and Money Advice

Harry Stout of Financial Verse shares two short posts covering the top 5 things to know about financial adulting and 3 things you can do to improve your financial health. Episode 1475: Financial Adulting The Top 5 Things to Know AND Three Actions to Improve Your Financial Health by Harry Stout of Financial Verse Harry N. Stout is an acknowledged senior leader in the global financial services busin...

Mr. Money Mustache talks about silly and misleading retirement calculators. Episode 1474: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income formulas 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...

Lisa Harrison of Mad Money Monster tells us how to execute a frugal reboot when old spending habits appear. Episode 1473: How To Execute A Frugal Reboot When Old Spending Habits Appear 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...

Kalen Bruce of Freedom Sprout talks about the value of little purchases and big wins. Episode 1472: Conscious Spending: It's About the Little Purchases and the Big Wins 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 somethin...

Wanderer reminds us that the past doesn't matter, and fills us in on what surviving a war zone can teach us about finance. Episode 1471: The Past Doesn't Matter: What Surviving a Warzone Can Teach You About Finance by Wanderer of Millenial Revolution Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of 33. He now travels the world seeking out know...

Michelle Schroeder-Gardner of Making Sense of Cents talks about how positivity can have positive effects on your finances. Episode 1470: Why I Believe Being Positive Can Change Your Financial Situation And Your Life 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...

Kumiko of The Budget Mom stopped trying to be perfect and her budget thanked her for it. Episode 1469: I Stopped Trying to be Perfect and My Budget Thanked Me for It by Kumiko of The Budget Mom 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 und...

Tara Kuczykowski with Get Rich Slowly explores the true value of coupons. Episode 1468: Busting the Myths Why Coupons are a Valuable Part of Your Financial Arsenal by Tara Kuczykowski for Get Rich Slowly 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...

Dawn Starks of SimpleMoney talks about managing your money on the road. Episode 1467: Managing Your Money on the Road by Dawn Starks of Simple Money Pro on Travel and Finance 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 SimpleMon...

Joel of 5AM Joel initiates "Operation Declutter" Episode 1466: Why Do I Have 7 Surfboards Operation Declutter by Joel of 5AM Joel on Mindful Spending 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 started as one of those 30 day challenge...

Mario Favela of The College Investor explains the difference between stocks, ETFs and mutual funds. Episode 1465: The Difference between Stocks, ETFs and Mutual Funds by Mario Favela with 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. He also helps parents make smart choices...

Sam of Financial Samurai talks about the benefits of debit cards over cash and credit cards. Episode 1464: The Benefits of Debit Cards Over Cash and Credit Cards by Financial Samurai 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 sense of chaos. After all, he had spent...

Jeff Rose teaches you how to avoid money problems in your marriage. Episode 1463: How to Avoid Money Problems in Your Marriage by Jeff Rose of Good Financial Cents 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 r...

Jen Hayes tells us of five crucial ways that Dave Ramsey is right about money. Episode 1462: 5 Crucial Ways Dave Ramsey is Right About Money 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 ho...

Diania Merriam answers a listener's question about where to start investing and where to focus your finances. Episode 1461: Q&A with Diania Merriam - Where to Start Investing & Where to Focus on Your Finances - The Simple Path to Wealth With the SendPro software, you can compare shipping rates between carriers, plus save 40 percent off USPS Priority Mail shipping and get 5 cents off every letter y...

Mark Dennis with Financial Finesse shares the biggest regret of retirees and how to avoid it. Episode 1460: The Thing that Retirees Regret the Most and How to Avoid It by Mark Dennis of Financial Finesse 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...

Paula Pant of Afford Anything explains why six percent is the new four percent. Episode 1459: Six Percent is the New Four Percent by Paula Pant of Afford Anything on Safe Withdrawal Rate 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 owner of seven r...

Steve Pavlina talks about money and social flows. Episode 1458: Money and Social Flows by Steve Pavlina on Financial Interdependence between Individual and Community Steve Pavlina is widely recognized as one of the most successful personal development bloggers on the Internet, with his work attracting more than 100 million visits to his website, StevePavlina.com. He has written more than 1300 arti...

ESI of ESI Money informs you of 6 times that it's easy to ask for a discount. Episode 1457: Six Times It's Easy to Ask for a Discount by ESI of ESI Money on Money Saving Strategies 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 simpl...

Chris Reining talks about why a $35,000 wedding is a bad idea. Episode 1456: Why a 35,000 Dollar Wedding is a Dumb Idea by Chris Reining on Saving and Lifestyle Choices Chris Reining is an investor, writer, and avid student of life. He shares how to build wealth and reach financial freedom on his website ChrisReining.com. The original post is located here: https://chrisreining.com/wedding/ With th...

Mr. 1500 of Budgets Are Sexy talks about the paradox of money. Episode 1455: The Paradox of Money by Mr. 1500 for Budgets Are Sexy on Money and Priorities 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 budget, read some books, and stumbled into...

The Finance Twins wonder if your relationship with money is broken. Episode 1454: Is Your Relationship with Money Broken By The Finance Twins on Being Rich versus Being Wealthy 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 several lucky breaks, we realize...

Craig Stephens of Retire Before Dad talks about how to accelerate your wealth trajectory. Episode 1453: The Creation Mindset - Accelerate Your Wealth Trajectory by Craig Stephens of Retire Before Dad 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 before h...

Robert Morris of Money Mini Blog provides 4 reasons that you should keep cutting your expenses. Episode 1452: 4 Reasons You Should Cut (and Keep Cutting) Your Expenses by Robert Morris with Money Mini Blog Kalen Bruce is the founder of MoneyMiniBlog. His story is simple… he and his wife were $24,000 in debt and became a student of finances to get out. They are now debt-free and building wealth. Ka...

Nick True of Mapped Out Money tells you how to stay on budget by never using one particular word. This is part 1 of 2. Episode 1451: [Part 2] How to Stay on Budget by Never Using This One Word by Nick True of Mapped Out Money Nick True is the founder of Mapped Out Money, where he helps you get a grip on your finances and take hold of freedom. His goal is to help you save more, live more, reduce de...