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

2769: 8 Tips to Save Money on Groceries by Amanda Brownlow of Hello Brownlow on Reducing Food Expenses

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 2769: Amanda Brownlow of HelloBrownlow.com shares 8 practical tips to help you cut your grocery bills in half, especially if you're on a vegan diet. From checking your pantry and sales flyers to meal planning and setting a definite budget, Amanda's advice will help you save money and reduce food waste. Read along with the original article(s)...

Jun 22, 20249 minEp. 2769

2768: Frugal by Choice by Tonya with Frugalwoods on Living Frugally & Intentional 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 2768: Tonya's journey from a mindless spender to a mindful saver is a transformative tale about the true meaning of frugality. Through personal anecdotes and reflections, she illustrates how being frugal isn't about deprivation but about making conscious choices that lead to financial stability and personal satisfaction. Tune in to learn how...

Jun 21, 20249 minEp. 2768

2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse

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 2767: Discover a little-known strategy for maximizing your Health Savings Account (HSA) with insights from Rynda Chappell-Wilk. Learn how to accumulate a substantial tax-free balance over the years and use it strategically during retirement to avoid higher taxes and preserve your other investments. Read along with the original article(s) her...

Jun 20, 202410 minEp. 2767

2766: Financial Mission Statement: Why and How to Create One by Vicki Cook and Amy Blacklock of Women Who 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 2766: Vicki Cook and Amy Blacklock explain how a financial mission statement can help you stay focused on your financial goals despite life's distractions. By outlining your financial aspirations and the steps to achieve them, a mission statement keeps you motivated and aligned with your values. Read along with the original article(s) here: ...

Jun 19, 202413 minEp. 2766

2765: The Disappearance of The Middle Class by Jacob Lund Fisker of Early Retirement Extreme on Building Wealth

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 2765: Jacob Lund Fisker addresses the vanishing middle class, emphasizing personal financial responsibility. He argues that the middle class suffers due to poor choices in spending versus saving, highlighting that those who adopt a saver/producer mindset thrive even in tough economic times. Fisker underscores the importance of financial educ...

Jun 18, 202411 minEp. 2765

2764: Why Hardcore Saving is Much More Powerful than Masterful Investing by Mr Money Mustache on 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 2764: Mr. Money Mustache explains why focusing on hardcore saving can be more impactful than striving for masterful investing. He emphasizes that while achieving exceptional investment returns is rare and unpredictable, consistently saving a significant portion of your income guarantees substantial financial growth and security. Read along w...

Jun 17, 20249 minEp. 2764

2763: The Lies We Tell Ourselves About Ownership AND How Minimalism Has Made Me Rich by Karen Trefzger of Maximum Gratitude Minimal Stuff

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 2763: Karen Trefzger delves into the fallacies of ownership in "The Lies We Tell Ourselves About Ownership," challenging the notion that acquiring items brings fulfillment or improves self-worth. She explores the hidden costs and responsibilities that come with possessions, illustrating through personal anecdotes that happiness and success a...

Jun 16, 202413 minEp. 2763

2762: Are You Not Living the Life Everyone Thinks You Should by Kristena Eden of Core Living Essentials

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 2762: Kristena Eden of Core Living Essentials implores us to break free from living up to others' expectations and instead embark on a personal journey of self-discovery. Her powerful insights encourage us to question whose life we're truly living and offer practical steps to reclaim our authenticity through introspection and embracing our u...

Jun 16, 202410 minEp. 2762

2761: Hidden 401K Fees No One Talks About by Logan Allec with Saving Joyfully on Saving for Retirement

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 2761: Discover the surprising costs of your 401(k) in Logan Allec's exploration of the often overlooked fees draining your retirement savings. Allec illuminates hidden charges like 12b-1 fees, administration costs, and transaction fees, offering crucial advice on how to minimize their impact and maximize your future funds. Read along with th...

Jun 15, 202410 minEp. 2761

2760: The Simple 1-4-4 Rule We Use To Grow Our Wealth to Staggering Levels by Lisa Harrison of Mad Money Monster

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 2760: Lisa Harrison of MadMoneyMonster.com reveals the simple yet potent "1-4-4 Rule" that has been crucial in growing her family's wealth. This easy-to-follow strategy involves setting and accomplishing one financial goal per season, allowing for both small victories and significant progress towards financial freedom. Read along with the or...

Jun 14, 20249 minEp. 2760

2759: Saving Is Hard - But That Doesn’t Mean You Shouldn’t Do It by Chelsea Brennan of Smart Money Mamas

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 2759: Explore the art of balancing today's desires with tomorrow's needs in Chelsea Brennan’s enlightening discussion on personal finance. In a candid conversation with her mom, Chelsea delves into the challenges of saving versus spending, providing a narrative that connects the dilemma of short-term satisfaction to long-term security. Disco...

Jun 13, 202410 minEp. 2759

2758: Are Automatic Payments All They’re Cracked Up to Be? by April Dykman of Get Rich Slowly on Personal Finances

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 2758: April Dykman explores the pros and cons of automatic payments in her article for GetRichSlowly.org, revealing the hidden pitfalls of setting payments on autopilot. Through personal anecdotes and expert insights, she argues that while autopay offers convenience, it may also relinquish control over financial outgoings, leading to unexpec...

Jun 12, 202410 minEp. 2758

2757: Becoming a Millionaire Is a Letdown by Chris Reining on Personal Finance Goals & 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 2757: Chris Reining explores the surprisingly anticlimactic reality of becoming a millionaire and the profound life lessons learned along the way. Through personal anecdotes and financial insights, he uncovers the true value of financial freedom - less about the money and more about the autonomy to live life on one's terms. Read along with t...

Jun 11, 202410 minEp. 2757

2756: [Part 2] 10 Ways To Invest Without The Stock Market by Kalen Bruce of Freedom Sprout on Real Estate

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 2756: Kalen Bruce explores ten diverse investment options beyond the traditional stock market in "10 Ways to Invest Without the Stock Market," revealing alternatives like real estate, bonds, and more unusual avenues like collectibles and wine. These methods cater to different risk profiles and personal interests, offering insights for those ...

Jun 10, 202410 minEp. 2756

2755: [Part 1] 10 Ways To Invest Without The Stock Market by Kalen Bruce of Freedom Sprout on Alternative Investments

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 2755: Explore the diverse world of investments beyond the stock market with insights from Kalen Bruce of FreedomSprout.com. This episode unpacks unconventional investment options that offer security and growth, proving that true financial diversity spans across various asset classes. Read along with the original article(s) here: https://free...

Jun 09, 202411 minEp. 2755

2754: Stress and Weight Gain: Understanding the Connection by Sara Lindberg with Healthline on Healthy 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 2754: Explore how stress influences weight gain in Sara Lindberg’s enlightening piece on Healthline.com. Lindberg delves into the physiological processes that link stress to increased abdominal fat, underlining why managing stress is crucial not only for weight control but for overall health. Discover practical tips and expert advice on comb...

Jun 09, 202411 minEp. 2754

2753: 3 Debts You Should Eliminate Before Retirement by Kumiko of The Budget Mom on Debt-Free 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 2753: Kumiko from TheBudgetMom.com outlines crucial advice on eliminating unsecured debt, student loans, and mortgages before retirement to secure a financially stable future. By proactively addressing these debts, you can enjoy your retirement with peace of mind and freedom from financial burdens. Read along with the original article(s) her...

Jun 08, 202410 minEp. 2753

2752: Open a 529 Plan With These 6 Simple Steps by Caitlin See with Student Loan Planner on College Expenses

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 2752: Explore the essential steps for opening a 529 college savings plan, guided by Caitlin See from StudentLoanPlanner.com. Discover the advantages of different state plans, tax benefits, and investment options to tailor a plan that best suits your family's educational and financial goals. Read along with the original article(s) here: https...

Jun 07, 202411 minEp. 2752

2751: 7 Ways to Tame Financial Stress for a Wealthier Future by Kathleen Coxwell of New Retirement

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 2751: Discover effective strategies to transform financial stress into a proactive force in "7 Ways to Tame Financial Stress for a Wealthier Future" by Kathleen Coxwell. Learn how understanding stress responses, changing perceptions, and engaging in strategic financial planning can empower you to secure a more prosperous future. Read along w...

Jun 06, 202410 minEp. 2751

2750: The Four Pitfalls of Financial Planning by Lisa Whitley with Women Who Money 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 2750: In "The Four Pitfalls of Financial Planning," Lisa Whitley illustrates crucial missteps in effective financial planning, from ignoring underlying issues to overlooking personal habits that derail financial goals. She urges a holistic, well-rounded approach to planning that accounts for personal risks and life’s unpredictabilities to sa...

Jun 05, 202411 minEp. 2750

2749: Stocks - Part V: Keeping It Simple, Considerations And Tools by JL Collins on Investment 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 2749: JL Collins elucidates the power of simplicity in investment strategies in "Stocks - Part V: Keeping It Simple, Considerations and Tools." He advises against complex investments which often incur high costs with lower returns, advocating for index funds as a simpler, more efficient method. Collins emphasizes the importance of understand...

Jun 04, 202411 minEp. 2749

2748: House Rich and Cash Poor by Mike Ballew of EggStack on Building Wealth for Retirement

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 2748: Mike Ballew of EggStack.com explores the dilemma of being "house rich and cash poor," a situation where homeowners have significant equity locked in their property but lack sufficient liquid assets for a comfortable retirement. He discusses potential solutions like downsizing, reverse mortgages, and turning a home into an investment pr...

Jun 03, 20249 minEp. 2748

2747: Losing More Than a Bet by Nick Maggiulli of Of Dollars and Data on Gambling & Personal Finance Habits

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 2747: Nick Maggiulli's moving piece, "Losing More Than a Bet," delves into the poignant intersection of family, loss, and the perilous lure of gambling, inspired by the death of his grandfather. By reflecting on his grandfather's gambling addiction and its personal impacts, Maggiulli offers profound insights into the complexities of addictio...

Jun 02, 20249 minEp. 2747

2746: The Story of Your Life: Rewriting Your Script by Emma Scheib of Simple Slow Lovely on Personal Growth

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 2746: Emma Scheib's piece "The Story of Your Life: Rewriting Your Script" from Simple Slow Lovely dives deep into the concept of self-directed life changes by confronting our inner critic. She narrates her personal journey of identifying and dismissing the critical internal voices that dictated her life choices, showcasing a path towards emb...

Jun 02, 202411 minEp. 2746

2745: [Part 2] The Five Types of People You’ll Meet on Your Way to FI by FIRECracker of Millennial Revolution

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 2745: Delve into the elusive world of the "Closeted FIRER" with FIRECracker's insightful article from Millennial Revolution. Discover the hidden lives of those secretly planning their financial independence and early retirement (FIRE) and explore how their undercover efforts impact both professional life and personal growth. Read along with ...

Jun 01, 20249 minEp. 2745

2744: [Part 1] The Five Types of People You’ll Meet on Your Way to FI by FIRECracker of Millennial Revolution

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 2744: Explore the emotional rollercoaster of reaching milestones in personal growth through FIRECracker’s article on her experiences with publishing and early retirement. As she navigates the reactions of friends and the types of people encountered on her journey to financial independence, listeners gain insights into the complex social dyna...

May 31, 202410 minEp. 2744

2743: 3 Easy Steps in Paying for College Financing Priorities by Miranda Marquit of Good Financial Cents

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 2743: Miranda Marquit of GoodFinancialCents.com presents three actionable steps for financing your college education effectively. This guide explores options from scholarships and grants to federal and private student loans, helping students navigate the complexities of funding higher education amidst rising costs. Read along with the origin...

May 30, 202410 minEp. 2743

2742: 5 Myths That Encourage Excess Spending by Dori Cameron with Becoming Minimalist on Intentional 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 2742: Dori Cameron explores common misconceptions that lead to unnecessary spending in "5 Myths That Result in Excess Spending." By debunking myths such as the beliefs that items can always be returned, sold, or donated, Cameron encourages readers to reconsider the true cost and value of purchases, advocating for more mindful consumption hab...

May 29, 202410 minEp. 2742

2741: How to Increase Willpower and Stay on Track Financially by Emily Guy Birken with PT 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 2741: Discover proven strategies to enhance your willpower in this insightful exploration of self-discipline and personal growth. Uncover practical tips and psychological insights that can help you build lasting habits, resist temptations, and achieve your personal and professional goals. Read along with the original article(s) here: https:/...

May 28, 202412 minEp. 2741

2740: Own Less; Travel More by Lauren Keys of Trip Of A Lifestyle on Minimalism & 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 2740: In "Own Less; Travel More," Lauren Keys of TripOfALifestyle.com shares her personal insights on how minimizing possessions can maximize freedom, particularly when moving. She argues that reducing clutter not only eases physical and mental burdens but also enhances the ability to embrace opportunities, travel, and improve financial stab...

May 27, 202411 minEp. 2740