Optimal Finance Daily - Financial Independence and Money Advice

JL Collins of JLCollinsNH.com teaches us how to select our asset allocation. This is part 2 of 2. Episode 1325: [Part 2] Stocks - Part XXIII: Selecting Your Asset Allocation by JL Collins on Total Stock Market Index Investing Mr. Collins is a senior executive with extensive P&L experience and a proven track record of growing revenue and profitability, integrating acquisitions, launching new produc...

JL Collins of JLCollinsNH.com teaches us how to select our asset allocation. This is part 1 of 2. Episode 1324: [Part 1] Stocks - Part XXIII: Selecting Your Asset Allocation by JL Collins on Total Stock Market Index Investing Mr. Collins is a senior executive with extensive P&L experience and a proven track record of growing revenue and profitability, integrating acquisitions, launching new produc...

Jeff Rose shares some obvious ways that we can build wealth. Episode 1323: 3 Utterly Obvious Ways To Build Wealth by Jeff Rose of Good Financial Cents on Frugality & Debt Payoff 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....

Jen Hayes tells you the truth about why you're always broke. Episode 1322: The Real Reason Why You're Always Broke by Jen Hayes on Creating A Healthy 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 exclusive...

FIRECracker of Millennial Revolution insists that renting will make us rich. Episode 1321: Why Renting Will Make You Rich by FIRECracker of Millennial Revolution on The Rent Versus Buying A Home Debate 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-f...

Michelle Schroeder-Gardner of Making Sense of Cents talks about the power behind a no spend challenge. Episode 1320: The Power Of A No Spend Challenge by Michelle Schroeder-Gardner of Making Sense of Cents on Frugality 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...

Kumiko of The Budget Mom offers three tips for feeling better about your financial situation. Episode 1319: 3 Things to Do Today to Feel Better about Your Finances by Kumiko of The Budget Mom on Setting Financial Goals 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...

Robert Farrington of The College Investor breaks down when commissions matter and when they don't. Episode 1318: When Commissions Matter And When They Don't by Robert Farrington of The College Investor on Investing Expenses 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...

Fritz Gilbert fills us in on the narrow path to a great retirement. Episode 1317: The Narrow Path To A Great Retirement by Fritz Gilbert of The Retirement Manifesto Fritz Gilbert retired at age 55 after a 33-year career in the global aluminum industry. His award-winning blog, The Retirement Manifesto, is focused on helping people achieve a great retirement. The blog follows his journey from 3 year...

J. Money of Budgets Are Sexy talks about how spending money improves your life. Episode 1316: When Spending Money Improves Your Life by J. Money of Budgets Are Sexy on Treating Yourself 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...

Brian Tracy tells us how we can use self-discipline to rid ourselves of financial problems. Episode 1315: Eliminate Financial Problems Through Self Discipline by Brian Tracy on Personal Finance Success Principles 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 m...

Joel of 5AM Joel asks a key question: how many toilets do you own? Episode 1314: How Many Toilets Do You Own by Joel of 5AM Joel on Benefits & Disadvantages of Real Estate Investing 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...

Joshua Becker of Becoming Minimalist shares ten budgeting tips that can help to lower your life's fixed costs. Episode 1313: Budgeting Tips: 10 Ways to Lower Your Life's Fixed Costs by Joshua Becker of Becoming Minimalist on Saving Money 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,...

Gina Zakaria of Saving Whiz informs us of five ways that frugality can enhance our lives. Episode 1312: 5 Ways Frugality Enhances Your Life by Gina Zakaria of Saving Whiz on Frugal Living & Mindful Spending Gina Zakaria, the founder and writer for TheFrugalConvert.com, is based in Los Angeles. She is passionate about helping others find their sweet spot in spending and saving, by being more frugal...

Nick True of Mapped Out Money reminds us of three habits that are costing us hundreds of thousands of dollars. This is part 2 of 2. Episode 1311: [Part 2] 3 Habits That Are Costing You Hundreds of Thousands by Nick True of Mapped Out Money on Saving Cash 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 sa...

Nick True of Mapped Out Money reminds us of three habits that are costing us hundreds of thousands of dollars. This is part 1 of 2. Episode 1310: [Part 1] 3 Habits That Are Costing You Hundreds of Thousands by Nick True of Mapped Out Money on Saving Cash 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 sa...

Leo Babauta of Zen Habits explains the drive behind why some people buy too much. Episode 1309: Buying Too Much Stuff is Driven By Uncertainty by Leo Babauta of Zen Habits on Simple Living & Minimalism 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 somethi...

Vicki and Amy of Women Who Money tell us what savings goals should be focused on first. Episode 1308: What Savings Goals Should You Focus On First by Vicki Cook & Amy Blacklock of Women Who Money Amanda is a team member of Women Who Money and the founder and blogger behind Why We Money. Amanda loves writing about happiness, values, money, and real estate. She was a social worker before she became...

Tynan shares his thoughts on how to love living a frugal life. Episode 1307: Living Frugally and Loving It by Tynan on Frugal Life & Minimalism and Money 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...

Francisco Maldonado of The Finance Twins discusses the value of a credit score. Episode 1306: Your Credit Score Matters A Lot. Here's Why by Francisco Maldonado of The Finance Twins 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 re...

Rose Lounsbury gives us a lesson on how minimalists shop. Episode 1305: How Do Minimalists Shop by Rose Lounsbury on Minimalism & Personal Finance Decisions 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–the...

Philip Taylor of PT Money reminds you of what to consider before closing on your next house. Episode 1304: Things to Consider Before Closing on Your Next House by Philip Taylor of PT Money on Buying Real Estate Tips 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 w...

Dawn Starks of SimpleMoney tells us how to rewrite the money stories we've been telling ourselves. Episode 1303: Rewriting the Money Stories We Tell Ourselves by Dawn Starks of Simple Money Pro on Combatting Negative Self-Talk 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 t...

Andrea Joy of Saving Joyfully tells us how to improve our finances by better managing our time. Episode 1302: Manage Your Time Improve Your Finances by Andrea Joy of Saving Joyfully on Financial Planning Andrea Joy is the creator of Saving Joyfully, a personal finance and frugality blog emphasizing joyful living. On her website, savingjoyfully.com, she offers inspiration and resources for your jou...

Mr. Money Mustache unveils the real benefit of being rich. Episode 1301: The Real Benefit of Being Rich by Mr. Money Mustache on Financial Freedom & Gratitude 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-industry cubic...