Optimal Finance Daily - Financial Independence and Money Advice - podcast cover

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily | Diania Merriamoldpodcast.com
Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone. Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals. This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future. Listen now, and become an OLD friend--your optimal life awaits...

Episodes

2596: Money Management Tips by Sandra Kenrick with I Will Teach You To Be Rich on Personal Finance

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2596: Sandra Kenrick offers insightful money management strategies, focusing on the importance of mindset, automating finances, conscious spending, retirement planning, and investing. Her approach emphasizes the power of intentional financial habits and leveraging tools for long-term wealth building. Read along with the original article(s) h...

Jan 22, 202412 minEp. 2596

2595: How to Live Well on One Income + 6 Tips to Make it Work by Amanda Brownlow of Hello Brownlow on Family Finances and Frugality

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2595: Amanda Brownlow shares her journey and practical tips for thriving on a single income. She emphasizes the importance of budgeting, minimizing possessions, setting goals, and maintaining a positive mindset. These strategies are crucial for families looking to simplify their financial life and focus on what truly matters. Read along with...

Jan 21, 202410 minEp. 2595

2594: 6 Home Decluttering and Organizing Tips for Busy Parents by Rose Lounsbury on Practical Steps For a Clean Home

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2594: Rose Lounsbury, a simplicity coach and mother, shares transformative decluttering and organizing tips for busy parents. Her insightful advice includes starting with personal items, establishing simple routines, and embracing minimalism over mere organization. These practical tips are aimed at creating a clutter-free, serene home enviro...

Jan 21, 20249 minEp. 2594

2593: 4 Reasons You Should Rollover Your 401(k) Into an IRA by Jeff Rose of Good Financial Cents on Retirement Account Options

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2593: Jeff Rose of GoodFinancialCents.com explores the advantages of rolling over a 401(k) into an IRA, highlighting benefits like a wider range of investment choices, streamlined financial management, better control over retirement income, and more flexibility in handling required minimum distributions. Read along with the original article(...

Jan 20, 202410 minEp. 2593

2592: What It Takes To Save Money During Tough Times by Lisa Harrison of Mad Money Monster on Keeping Your Finances Safe

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2592: Lisa Harrison of MadMoneyMonster.com offers practical strategies for saving money during challenging times. She emphasizes the importance of understanding your true financial situation, seeking professional advice, establishing a budget, starting to save small amounts, maintaining transparency, setting up distinct funds, and persistent...

Jan 19, 202410 minEp. 2592

2591: 7 Mentally Strong Financial Traits by Andrew of Dollar After Dollar on Psychology of Spending Money

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2591: Andrew of DollarAfterDollar.com outlines seven key traits of mentally strong individuals in the context of financial success. He emphasizes the importance of understanding the long-term impact of financial decisions, removing emotion from financial choices, persistently sticking to a financial plan, overcoming fear and failure, adaptin...

Jan 18, 202410 minEp. 2591

2590: Should You Buy a Fixer-Upper? by Lisa Aberle of Get Rich Slowly on Real Estate Investing

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2590: Lisa Aberle of GetRichSlowly.org delves into the pros and cons of buying a fixer-upper. She shares her personal experiences with two different fixer-upper homes, providing insights and practical advice for those considering such a purchase. Lisa emphasizes the importance of an honest self-appraisal regarding one's skills, willingness t...

Jan 17, 202410 minEp. 2590

2589: Are 70% of American Men Lying? By Chris Guillebeau on Lifestyle Design & Simple Living

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2589: Chris Guillebeau of ChrisGuillebeau.com explores the concept of trading income for time, focusing on the claim that 70% of American men would accept a 20% pay cut for one less day of work per week. He delves into the source of this claim and its implications, questioning why more people don't make this trade-off despite a general desir...

Jan 16, 202414 minEp. 2589

2588: You May Be Broke But Not Broken by Kiersten Saunders of Rich and Regular on The Tactics of Paying Off Debt

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2588: Kiersten Saunders of RichAndRegular.com shares stories of individuals grappling with financial challenges, illustrating that while debt and financial struggles are daunting, they do not define a person. She reflects on her own past of being "broke AF," emphasizing the importance of mindset in overcoming financial adversity. Kiersten en...

Jan 15, 202411 minEp. 2588

2587: Ways To Help Others Without Hurting Your Own Finances by Vekevia Tillman-Jones with Financial Finesse on Giving Back Frugally

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2587: Vekevia Tillman-Jones offers a compassionate yet practical approach to balancing the desire to help others with maintaining one's own financial health. Her article provides creative strategies for supporting loved ones without compromising your financial stability, emphasizing the importance of time and resources management. Read along...

Jan 14, 20249 minEp. 2587

2586: How To Learn To Love Self Care by Victoria Faling with A Brighter Wild on Personal Well-being

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2586: Victoria Faling's insightful exploration into self-care reveals how personalizing this practice can transform it from a chore into a rejuvenating activity. She emphasizes that self-care is not about forcing yourself to do activities you dislike, but about discovering what genuinely makes you feel fulfilled and integrating that into you...

Jan 14, 202411 minEp. 2586

2585: What You May Not Know About Impulse Spending by Jackie Beck on Financial Goals & Budgeting

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2585: Jackie Beck's insightful take on impulse spending highlights the subtleties of this habit, extending beyond the stereotypical mall trips to spontaneous decisions like dining out. Her personal anecdotes and practical steps offer a relatable and actionable guide for anyone looking to control their spending and align it with their long-te...

Jan 13, 202412 minEp. 2585

2584: 5 Ways to Solve Your Top Retirement Concern - Outliving Your Money by Kathleen Coxwell of New Retirement on Financial Security

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2584: Kathleen Coxwell of NewRetirement.com discusses common retirement concerns, particularly outliving one's money. She highlights five strategies to address this fear, including managing lifestyle expenses, considering living situations like downsizing or reverse mortgages, understanding healthcare costs, implementing tax savings measures...

Jan 12, 202410 minEp. 2584

2583: That Clutter in Your Home Used to be Money by Craig Stephens of Retire Before Dad on Spending Mindfully

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2583: Craig Stephens of Retire Before Dad.com shares his perspective on how clutter in the home represents wasted money and opportunities. He discusses the emotional and financial costs of holding onto items that depreciate rapidly and offers advice on minimizing clutter, including embracing minimalism, being intentional about purchases, and...

Jan 11, 202413 minEp. 2583

2582: How To Reach Financial Independence On A Low Income by Christina Browning of Our Rich Journey on Savings Strategies

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2582: Christina Browning from OurRichJourney.com demystifies the path to financial independence on a low income. She outlines practical strategies including calculating and improving your savings rate, seeking financial assistance, skill trading, avoiding convenience costs, utilizing DIY resources like YouTube, using cash instead of credit, ...

Jan 10, 202411 minEp. 2582

2581: What Do You Do After You Make A ZILLION Dollars? by James Altucher on Sudden Wealth & Financial Management

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2581: James Altucher's article on JamesAltucher.com offers valuable advice for managing sudden wealth. He emphasizes the importance of patience, caution in lending and investing, maintaining good health, and not burning out. These guidelines aim to help individuals navigate newfound wealth wisely and ensure long-term financial stability. Rea...

Jan 09, 202410 minEp. 2581

2580: How to Manage Your Career to Make Millions More by ESI of ESI Money on Wealth Building Advice

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2580: ESI from ESIMoney.com provides a compelling guide on how to boost your career's value, outlining seven critical steps. These include over-performing, enhancing likability, networking effectively, maintaining an attractive presence, continual learning, adept self-management, and marketing oneself skillfully, all of which are essential f...

Jan 08, 202410 minEp. 2580

2579: The Biggest Lie in Personal Finance by Nick Maggiulli of Of Dollars and Data on Retirement Myths

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2579: Nick Maggiulli's article "The Biggest Lie in Personal Finance" exposes the oversimplified notion that reducing expenses is the key to wealth. He argues that for many, especially those with lower incomes, cutting costs isn't enough without addressing the core issues of insufficient income and systemic financial constraints. Read along w...

Jan 07, 202411 minEp. 2579

2578: Moments Can't Be Captured by David Cain of Raptitude on Fleeting Moments

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2578: David Cain's narrative in "Moments Can't Be Captured" explores the poignant realization that trying to immortalize experiences through photographs often detracts from truly living them. He shares a personal encounter with a deer, choosing to savor the moment rather than capture it through a lens. This story becomes a metaphor for appre...

Jan 07, 202411 minEp. 2578

2577: [Part 2] 5 Tips For Making Extra Money by Philip Taylor of PT Money on Goal Setting and Hard Work

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2577: Philip Taylor's insights in "5 Tips For Making Extra Money" illuminate the path to successful side hustles, emphasizing the importance of starting before perfection, seeking mentorship, meticulous planning, and dedicated hard work. He narrates how taking actionable steps, even amidst uncertainty, can gradually lead to mastering busines...

Jan 06, 20249 minEp. 2577

2576: [Part 1] 5 Tips For Making Extra Money by Philip Taylor of PT Money on Side Hustle Ideas

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2576: Philip Taylor of PTMoney.com shares insightful ways to transform hobbies into profitable ventures. His approach demystifies the process of earning extra income, emphasizing the practicality of leveraging personal passions and skills in an entrepreneurial spirit. Read along with the original article(s) here: https://ptmoney.com/make-ext...

Jan 05, 202410 minEp. 2576

2575: Pension, Schmension! Retire on Your Own Terms by Mr. Money Mustache on Financial Independence

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2575: Mr. Money Mustache's insightful piece sheds light on the pitfalls of financial habits inherited from parents and the traps of conventional employment. It emphasizes the importance of financial independence and the freedom it brings, using a professor's story as a case study to illustrate how one can successfully transition from a tradi...

Jan 04, 202413 minEp. 2575

2574: What Is Portfolio Rebalancing? (And How To Do It) by Sarah Sharkey with The College Investor on Asset Allocation

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2574: Sarah Sharkey's article with TheCollegeInvestor.com demystifies portfolio rebalancing, a crucial yet often overlooked aspect of investing. She illustrates how rebalancing maintains alignment with your financial goals and risk tolerance, despite market fluctuations. Read along with the original article(s) here: https://thecollegeinvesto...

Jan 03, 202411 minEp. 2574

2573: 6 Things You Should Never Scratch Off Your Budget by Courtney Luke of Arrest Your Debt on Savings and Health Insurance

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2573: Courtney Luke at ArrestYourDebt.com provides insightful guidance on maintaining a robust financial plan. The article emphasizes the importance of never eliminating key elements such as savings, health insurance, debt repayment, life insurance, discretionary spending, and groceries from your budget. These components are crucial for long...

Jan 02, 202412 minEp. 2573

2572: Utility on Investment by Tynan on Financial Freedom

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2572: Tynan from Tynan.com challenges conventional investment wisdom, advocating for a broader view of 'utility on investment.' He shares personal examples like his RV and art collection, emphasizing the significant, often overlooked returns in terms of lifestyle improvements and cost savings. Tynan's approach is about investing in experienc...

Jan 01, 202411 minEp. 2572

2571: 5 Ways to Involve Kids in the Family Budget by Chelsea of Smart Money Mamas on Financial Literacy For Children

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2571: Chelsea from SmartMoneyMamas.com provides insightful strategies to involve children in family finances. The article emphasizes practical methods like using cash for certain expenses, understanding entertainment budgets, and maintaining a family savings chart. These approaches not only make money tangible for kids but also instill valua...

Dec 31, 20239 minEp. 2571

2570: When Life Throws You Curveballs by Julie Morgenstern on Parenting Challenges

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2570: Julie Morgenstern's article offers invaluable guidance for parents on managing life's unexpected challenges. She emphasizes the importance of seeking help and prioritizing self-care during crises, ensuring parents can maintain their well-being while effectively supporting their children. Read along with the original article(s) here: ht...

Dec 31, 202310 minEp. 2570

2569: Stop Using These 6 Ridiculous Excuses For Not Saving Money by Michelle Schroeder-Gardner of Making Sense of Cents on Financial Health

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2569: Michelle Schroeder-Gardner's article debunks six common excuses that hinder effective savings, emphasizing the importance of overcoming psychological barriers to financial health. She illustrates how changing beliefs and attitudes toward money can significantly improve one's financial situation. Read along with the original article(s) ...

Dec 30, 202310 minEp. 2569

2568: How to Stop Worrying About Money by Jessica Jokisch of ChristineLuken.com on Financial Health

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2568: Jessica Jokisch's insightful article, "How to Stop Worrying About Money," offers a practical and empowering approach to achieving financial peace. Jokisch shares her personal journey and effective strategies, including facing financial facts, positive self-talk, gratitude, and taking small actionable steps, to help individuals break fr...

Dec 29, 202311 minEp. 2568

2567: How We Developed Couple Financial Goals by Amanda of Women Who Money on Communication and Trust

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2567: Amanda from WomenWhoMoney.com shares her journey of developing shared financial goals with her partner, revealing it was not an overnight success. Despite initial money mistakes and differing views, their commitment to communication, honesty, and mutual respect laid the foundation for achieving their financial dreams together. Read alo...

Dec 28, 202310 minEp. 2567
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