Optimal Finance Daily - Financial Independence and Money Advice

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 1450: [Part 1] 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...

Tynan talks about enjoying paying for value. Episode 1449: Enjoying Paying for Value by Tynan on Frugality & The Abundance Mindset Tynan was named as one of the top 25 best bloggers in 2013 by Time Magazine. He believes in making deliberate decisions and breaking away from the herd mentality. He likes learning new things, building habits, exposing the world, connecting with awesome people, and cre...

Lauren Keys of Trip of a Lifestyle contemplates the Starbucks predicament. Episode 1448: The Starbucks Predicament by Lauren Keys of Trip Of A Lifestyle Since graduating from college in 2012, Steven has developed a healthy obsession with personal finance. Although he has no formal training in the field, he’s taught himself a lot about saving and investing over the years. In addition to the normal...

Philip Taylor of PT Money encourages you to get a quality CPA to prepare your taxes. Episode 1447: (Don't Risk It) Get a Quality CPA to Prepare Your Taxes by Philip Taylor of PTMoney on Money and Taxes 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...

Mr. Money Mustache tells us about his 750 dollar bread making machine. Episode 1446: My 750 Dollar Bread Making Machine by Mr. Money Mustache on Smart Spending Decisions 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 tech-ind...

Joshua Becker of Becoming Minimalist encourages you to first change your focus if you want your financial circumstances to change. Episode 1445: To Change Your Financial Circumstances, Choose Focus by Joshua Becker of Becoming Minimalist Joshua Becker and his family decided to live with fewer possessions after a conversation with his neighbor in 2008. As a result, they found a better way to live,...

Dawn Starks of SimpleMoneyPro tells you whether or not you should give your kids an allowance. Episode 1444: Should You Give Your Kids an Allowance by Dawn Stacks of SimpleMoneyPro on Parenting and Money 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...

Rose Lounsbury tells us why selling things is a waste of our time. Episode 1443: Why Selling Things is a Waste of Your Time by Rose Lounsbury on Time and Money Rose Lounsbury is a keynote speaker, Amazon bestselling author, simplicity coach, and still-sane mom of triplets. (Yes, you heard that right!) She helps overwhelmed people create open spaces in their homes, workspaces, and more importantly–...

Vitaliy Katsenelson of Contrarian Edge cautions stock investors to not watch TV. Episode 1442: Why Stock Investors Shouldn't Watch TV by Vitaliy Katsenelson of Contrarian Edge on Investment Strategies 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 Wiley & Sons and have translated i...

Ariel of Making Sense of Cents talks about the value of saying no to money. Episode 1441: How Saying No to Money is Saving Me Money by Ariel with 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 months, kept track of progress, and helped readers along the wa...

Kumiko of The Budget Mom gives you some tips before you lend and borrow money to and from loved ones. Episode 1440: Things To Know Before Lending and Borrowing Money From Loved Ones 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...

Lisa Aberle with Get Rich Slowly asks when your financial relaxation due date it. Episode 1439: When Is Your Financial Relaxation Due Date by Lisa Aberle with Get Rich Slowly on Money Mindset 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 started...

Joel of 5AM Joel applies classic money rules to time. Episode 1438: Classic Money Rules Applied to Time by Joel of 5AMJoel on Investing in Yourself 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 challenges,...

Darrow Kirkpatrick helps you generate retirement income before age 59. This is part 2 of 2. Episode 1437: [Part 2] Generating Retirement Income Before Age 59 by Darrow Kirkpatrick of Can I Retire Yet 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 financially independent by fli...

Darrow Kirkpatrick helps you generate retirement income before age 59. This is part 1 of 2. Episode 1436: [Part 1] Generating Retirement Income Before Age 59 by Darrow Kirkpatrick of Can I Retire Yet 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 financially independent by fli...

FIRECracker of Millennial Revolution reflects on her days as a hater. Episode 1435: I Used To Be a Hater by FIRECracker of Millennial Revolution on Personal Growth & Overcoming Adversity 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 resulted was a 7-figure portfolio...

Jen Hayes teaches you how to make better financial choices. Episode 1434: How to Make Better Financial Choices by Jen Hayes on How To Improve Your Money Mindset 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 exlusive tips...

Jeff Rose warns you of the dangers of penny stocks and how he lost $5,000 from them. Episode 1433: Penny Stock Debacle: How I Lost $5,000 and You Can (and Better) Avoid It 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 ye...

Sam of Financial Samurai tells you how much savings is too much. Episode 1432: How Much Savings Is Too Much by Sam of Financial Samurai on Building An Emergency Fund 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 10 years working...

Brian Tracy tells us of 4 ways that we can save money and improve our money management skills. Episode 1431: Personal Finance: 4 Ways to Save Money and Improve Your Money Management Skills by Brian Tracy 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...

Kelley Long with Financial Finesse tells us how to find a good tax preparer. Episode 1430: How to Find a Good Tax Preparer by Kelley Long of Financial Finesse on Preparing Taxes 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 to be a better...

ESI of ESI Money tells you why he panicked when the stock market dropped. Episode 1429: Why I Panicked When the Stock Market Dropped by ESI of ESI Money on Risk Tolerance Investing 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...

Derick Van Ness of Big Life Financial shares two short posts on the most important financial habit and why simple finance strategies work. Episode 1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Finan...

Chris Reining talks about how the market herd is human nature. Episode 1427: The Market Herd Is Human Nature by Chris Reining on Buying on the Dip & Long-Term Investing Strategy 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/herd/ P...

J. Money of Budgets Are Sexy has had enough of the house shaming. Episode 1426: Stop The House Shaming, People by J. Money of Budgets Are Sexy on Should I Rent or Buy a Home 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,...