DiscoverOptimal Finance Daily
Optimal Finance Daily

Optimal Finance Daily

Author: Dan | Optimal Living Daily

Subscribed: 33,768Played: 505,595
Share

Description

Why bother searching for the best blogs about personal finance when it can be found and read for you? Think of Optimal Finance Daily as an audioblog or blogcast. Support this podcast: https://anchor.fm/optimal-finance-daily/support
1052 Episodes
Reverse
The Mad Fientist shares the best and worst thing about financial independence. This is part 1 of 2. Episode 1051: [Part 1] The Best and Worst Thing About Financial Independence by The Mad Fientist on Early Retiree & Life Goals The Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire even earlier. Most personal finance advice is geared towards people retiring in their 60s or later and doesn’t apply to those of us pursuing early financial independence. The Mad Fientist is focused on providing advice and innovative tax-avoidance methods specifically for people wanting to break away from full-time employment very early in life. He also hosts the Financial Independence Podcast. The original post is located here: https://www.madfientist.com/best-and-worst-about-fi/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Jess Chua with OLD Podcast shares 5 personal finance mistakes to avoid in your 20s. Episode 1050: 5 Personal Finance Mistakes To Avoid In Your 20s by Jess Chua with OLD Podcast on Building A Financial Foundation Jess Chua is a blogger and content specialist living in Southwest Florida. She is currently working on her first non-fiction book for introverts. She's always loved writing as it's a process that perfectly blends analytical thinking with intuition. The ability to write well also serves as a foundation for many other things in life. With clarity in thought comes clarity in action! Jess believes life has lots more to offer than boredom or misery. And nothing beats the deep sense of fulfillment from connecting with others via written expression. The original post is located here: https://oldpodcast.com/5-personal-finance-mistakes/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Kalen Bruce of Money Mini Blog shares how to handle a personal tax audit. Episode 1049: How to Handle a Personal Tax Audit (From Personal Experience) by Kalen Bruce of MoneyMiniBlog on Dealing with IRS 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. Kalen shares everything he has learned on his blog, writing informative, entertaining, mini blogs to help you with your finances. Finances can be intimidating, so he keeps his posts short, sweet, and simple. The original post is located here: http://moneyminiblog.com/taxes/personal-tax-audit/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Darrow Kirkpatrick of Can I Retire Yet shares how he rebalanced through perilous times. Episode 1048: How I Rebalanced Through Perilous Times by Darrow Kirkpatrick of Can I Retire Yet on Portfolio Rebalancing 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 flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience. When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did. More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design. The original post is located here: https://www.caniretireyet.com/how-i-rebalanced-through-perilous-times/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Craig Stephens of Retire Before Dad on the spousal Roth IRA. Episode 1047: Spousal Roth IRA - Double Your Tax-Advantaged Savings by Craig Stephens of Retire Before Dad on Tax Savings 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 his Dad retired. He writes about how to build income streams so you can explore the unusual. His first love is his beautiful wife and three kids. His second love is travel. Combining both in early retirement is the ultimate goal and his primary motivation for financial independence. The original post is located here: https://www.retirebeforedad.com/roth-savings-spousal-ira/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Emily Guy Birken with PT Money shares how to budget for your unexpected expenses. Episode 1046: How to Budget for Your Unexpected Expenses by Emily Guy Birken with PT Money on Budgeting for Irregular Costs 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 Taylor, a CPA, entrepreneur, and blogger who started the site in 2007. He also created FinCon, the popular conference for financial nerds. The original post is located here: https://ptmoney.com/budgeting-for-unexpected-expenses/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Mr. Money Mustache shares how to get rich with bikes. Episode 1045: Get Rich With Bikes by Mr. Money Mustache on How To Save Money & Improve Your Life by Biking More 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 cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2011/04/18/get-rich-with-bikes/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Fundrise is the future of real estate investing. Visit fundrise.com/ofd to have your first 3 months of fees waived. --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
J. Money of Budgets Are Sexy shares the 6 sources influencing your money. Episode 1044: The 6 Sources Influencing Your Money by J. Money of Budgets Are Sexy on How To Protect Money From 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 some books, and stumbled into personal finance blogging and idea sharing, randomly turning BudgetsAreSexy.com into his full time “real job” a few short years later--14 million views later! The original post is located here: http://www.budgetsaresexy.com/the-6-sources-of-influence/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Nick True of Mapped Out Money shares 7 things he learned about money after he moved out. Episode 1043: 7 Things I Learned About Money After I Moved Out by Nick True of Mapped Out Money on Personal Finance Lessons 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 debt, and get free. Mapped Out Money is for you if you want actionable steps to help get control of your money, you want to be free from money stress, you're ready to change your life and use money to support your dreams, and you don't want to settle for mediocrity. The original post is located here: https://mappedoutmoney.com/7-things-moved-money/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Helene Massicotte of Free To Pursue shares the overwhelming hidden cost of keeping up appearances. Episode 1042: The Overwhelming Hidden Cost of Keeping Up Appearances by Helene Massicotte of Free To Pursue on Money Problems 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 a life that enables her to do just that. No more, no less. She chose to retire from corporate life in her mid-thirties because it wasn't in line with what she wanted anymore. The original post is located here: http://www.freetopursue.com/blog/2017/9/25/the-overwhelming-hidden-cost-of-keeping-up-appearances Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Art of Flex Cents shares 9 transformations on the road to financial independence. Episode 1041: 9 Transformations On The Road To Financial Independence by Art of Flex Cents on Lessons on the Road to FI Art is a physical therapist who is not only passionate about health and physical fitness, but also developed a passion for all things personal finance. It all started when his wife and him were thinking about moving out of their parents’ homes and began looking at houses to buy. Knowing that there are others who have reached financial independence changed the outlook of their lives for the better. He couldn’t contain his excitement and created Flexcents as a way to share it with as many people as possible. Both his wife and him are now striving towards financial independence and are creating a life they cannot wait to live each day. The original post is located here: https://www.flexcents.com/9-transformations-on-the-road-to-financial-independence/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Sam of Financial Samurai shares why you need a credit report and a credit score to rent an apartment. Episode 1040: Yes, You Need A Credit Report AND A Credit Score To Rent An Apartment! by Sam of 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 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com. The original post is located here: https://www.financialsamurai.com/landlords-need-a-credit-report-score-for-apartment/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Al of FA Confessions on the 4% rule. Episode 1039: What is the 4% Rule? by Al of FA Confessions on Safe Withdrawal Rate for Retirement Investments Al of FA Confessions is a father, drummer/musician, self-proclaimed amateur philosopher, avid health enthusiast, and daily podcast and audible listener. He is not looking for new clients, nor does he have a plan to run for office. He will remain anonymous on the blog until he decides to retire from his profession. His primary vision for his website is to speak authentically from the heart and let his audience know when he thinks something is BS. The original post is located here: https://faconfessions.com/2019/08/20/the-4-rule/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Fundrise is the future of real estate investing. Visit fundrise.com/ofd to have your first 3 months of fees waived. --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
ESI of ESI Money shares five steps to six figures in seven years. This is part 2 of 2. Episode 1038: [Part 2] Five Steps to Six Figures in Seven Years by ESI of ESI Money on How To Grow Your Income & Increase Wealth 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 simple and focuses on doing three simple things to achieve financial independence: earn, save, invest. There's a bit more to it than that, of course, but if you can concentrate on these three areas, they will get you at least 90% of the way there. The original post is located here: https://esimoney.com/five-steps-to-six-figures-in-seven-years/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
ESI of ESI Money shares five steps to six figures in seven years. This is part 1 of 2. Episode 1037: [Part 1] Five Steps to Six Figures in Seven Years by ESI of ESI Money on How To Make More Money 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 simple and focuses on doing three simple things to achieve financial independence: earn, save, invest. There's a bit more to it than that, of course, but if you can concentrate on these three areas, they will get you at least 90% of the way there. The original post is located here: https://esimoney.com/five-steps-to-six-figures-in-seven-years/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Michelle Schroeder-Gardner of Making Sense of Cents shares how to become financially stable and keep the job you love. Episode 1036: How To Become Financially Stable and Keep The Job You Love 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 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com. The original post is located here: https://www.makingsenseofcents.com/2014/09/how-to-become-financially-stable-and-keep-the-job-you-love.html Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Ramit Sethi of I Will Teach You to be Rich shares his thoughts on the age of abundance. Episode 1035: Welcome To The Age Of Abundance by Ramit Sethi of I Will Teach You To Be Rich on How To Live A Rich Life Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness, and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article, and been pictured next to Warren Buffett in Forbes Magazine, as well as been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC, and more. He also has tons of documented success stories—more than 20,000. The original post is located here: https://www.iwillteachyoutoberich.com/blog/welcome-to-the-age-of-abundance/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Chris Reining shares if it is risky to borrow money to invest. Episode 1034: Is It Risky Borrowing Money To Invest? by Chris Reining on Margin Investing & Investment Portfolio Advice Chris Reining is a thirty-something guy who provides resources to help manage your money and career to become financially free. His own path to financial freedom has had ups and downs, which is what he writes about on his site. He's been featured in the New York Times, on the Today Show, CNN, CBS, Business Insider, LifeHacker, and more. The original post is located here: https://chrisreining.com/is-it-risky-borrowing-money-to-invest/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
JL Collins of JLCollinsNH.com shares why he doesn't like dollar cost averaging. Episode 1033: Stocks -- Part XXVII: Why I Don't Like Dollar Cost Averaging by JL Collins on Risks & Rewards of Market 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 products, developing and implementing business plans, creating powerful marketing strategies, building strong customer relationships and building effective teams. He is experienced in a broad range of markets including technology, automotive, investments, design engineering, electronics manufacturing, construction, horticulture and energy. Mr. Collins is also an accomplished consultant, author and speaker. He is retired, but continues to write on his blog. The original posts are located here: https://jlcollinsnh.com/2014/11/12/stocks-part-xxvii-why-i-dont-like-dollar-cost-averaging/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Fundrise is the future of real estate investing. Visit fundrise.com/ofd to have your first 3 months of fees waived. --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
Jen of Frugal Millennial asks if being too frugal is making you broke. Episode 1032: Is Being Too Frugal Making You Broke? by Jen of Frugal Millennial on How To Spend Money Wisely 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 how to save money, earn more, and live like no one else. The original post is located here: https://www.frugal-millennial.com//is-being-too-frugal-making-you-broke/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily --- Support this podcast: https://anchor.fm/optimal-finance-daily/support
loading
Comments (21)

Angel J. Segura

Thank you for helping people to improve their finacial literacy.

Nov 30th
Reply

Shadowsumbra

Some of the financial problems people face can be because of poor choices, but it's hard to deny the fact that people aren't making what they did a couple generations ago, and those generations encourage and put pressure on the future generations to live up to the same lifestyle.

Oct 30th
Reply

Shadowsumbra

This feels more like bragging than it does helpful advice.

Oct 30th
Reply

Shadowsumbra

This isn't a very good example. It is highly doubtful that a more expensive school will guarantee you a 50% pay increase for your first job. It would have been a better example to compare saving up for school for several years vs getting a loan and starting the career job sooner.

Sep 4th
Reply

Shadowsumbra

With a Roth, you're betting that you'll have a higher tax bracket in retirement and that taxes will be higher in the future. Considering that most of us on here should have high savings ratios and that we are at a historic low for taxes, that's a bet I'll make.

Dec 19th
Reply

Rogier Blokhuis

awesome post!

Dec 6th
Reply

Shadowsumbra

Can you really claim to be "self made" while inheriting a family business? To claim the majority of Forbes richest list are self made requires a very liberal definition.

Nov 24th
Reply

Shadowsumbra

part of the problem with many financial blogs is that they all assume you're spending money that you aren't even making to get these wild numbers. Many families don't even make 40k per year to start with.

Oct 24th
Reply

Shadowsumbra

Having a mindset that $10k is a lot of money isn't the cause of making money, making a lot of money is the cause of thinking that way. Its actually about percentages of your income, if anything.

Oct 9th
Reply

Pooja Prabhu

Renters can be a nightmare sometimes. loved the podcast!

Sep 5th
Reply

Shadowsumbra

it's all wishful thinking at best

Aug 21st
Reply

Shadowsumbra

Wow, I guess I'm sitting on a veritable gold mine of a spouse. Guess we should both quit our jobs and find someone willing to pay over a hundred grand to do laundry and cook a meal a few hours per day.

Aug 16th
Reply

Shadowsumbra

This is actually pretty terrible advice for most people. For most, it's easier to plan short term goals that build up to larger ones, or they get frustrated and give up. You have to crawl before you walk, walk before you run.

Aug 16th
Reply

T. K. Bennett

Great lessons learnt.

Aug 2nd
Reply

Laureanne Lorenzo

.%

Jul 30th
Reply

Shadowsumbra

If you're at risk of ruining your retirement by helping your kids get through college you've already failed yourself. Might as well roll the dice and see if your kids will do any better than you.

Jun 22nd
Reply

Shadowsumbra

I hate that you so regularly hear about successful business owners saying how amazing it is to own a successful business. What they don't tell you is how rare successful businesses are, or how much more work they can be. It's like asking lottery winners if they're glad they bought a lottery ticket. All I'm saying is, there's reasons why running a business isn't for everyone.

Feb 21st
Reply

Vichaya Chungu

this article is crammed with good points and advice. I thought the presenter was reading too fast and repeatedly had to hit back to listen again.

Dec 13th
Reply

iTunes User

I have already learned a wealth of invaluable financial knowledge in just 9 episodes of listening to this podcast. The perspectives on money are varied, nuanced and actionable. Plus, the real value is how much more efficient it is for me to listen to these podcasts rather than seeking out blogs and reading through for hours to find the best posts. I'm listening on my commute each day and reinventing my financial future in the process!

Aug 30th
Reply

iTunes User

If you like Optimal Living Daily, this is a no-brainer. Take even more blog posts on the go and benefit from having someone read the posts to you. Amazing! The host is great and the content is a perfect mix of topics and philosophies in personal finance. Check it out!

Aug 30th
Reply
loading
Download from Google Play
Download from App Store