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 2836: Generating income from multiple sources in retirement, much like packing for unpredictable weather, ensures stability and security against financial risks. Darrow Kirkpatrick highlights how a diverse portfolio that includes stocks, annuities, and Social Security can protect against longevity risk, inflation, market fluctuations, and so...
Aug 19, 2024•15 min•Ep. 2836
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 2835: Karen Trefzger shares practical strategies for overcoming the urge to shop, emphasizing mindful reflection and gratitude. By identifying the root of your desires and finding alternative activities, you can avoid unnecessary purchases and cultivate lasting contentment. Read along with the original article(s) here: https://www.maximumgra...
Aug 18, 2024•12 min•Ep. 2835
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 2834: Leo Babauta shares practical advice on how to transition from being overweight to living a healthier life by making small, manageable changes. Emphasizing the importance of gradual progress, he recommends starting with simple steps like eating more vegetables, walking, and drinking water to build a foundation for long-term health. Read...
Aug 18, 2024•13 min•Ep. 2834
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 2833: Preparing for retirement is crucial at any stage of your career. Sabado Domingo shares practical investment strategies, from maximizing 401(k) contributions to opening IRAs and HSAs, ensuring you can retire comfortably and securely. Read along with the original article(s) here: https://lenpenzo.com/blog/id66022-5-investment-strategies-...
Aug 17, 2024•12 min•Ep. 2833
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 2832: Planning for retirement as a single person offers both unique advantages and challenges. Kathleen Coxwell highlights the importance of addressing long-term health care, establishing reliable income sources, and envisioning how to spend time post-retirement. By considering these factors, singles can create a secure and fulfilling retire...
Aug 16, 2024•13 min•Ep. 2832
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 2831: A Purple Life shares a thought-provoking story about her mother's decision to return to work after retiring early, highlighting the value of time over money. She emphasizes the importance of enjoying life now rather than sacrificing precious time for future financial gains, advocating for a balanced approach to living fully without unn...
Aug 15, 2024•11 min•Ep. 2831
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 2830: Defining success in personal finance is essential for achieving financial stability. Mike Ballew emphasizes the importance of setting clear priorities based on values, such as building an emergency fund and saving for retirement. By examining daily spending habits and making mindful choices, you can ensure long-term financial health. R...
Aug 14, 2024•11 min•Ep. 2830
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 2829: Taking regular mini-retirements can significantly boost your health and open doors to new professional growth, as Jillian Johnsrud explains. By dedicating time to personal health and exploring new career possibilities, you can find more balance, reduce burnout, and discover fulfilling opportunities. Read along with the original article...
Aug 13, 2024•12 min•Ep. 2829
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 2828: Jillian Johnsrud shares the profound benefits of taking mini-retirements, emphasizing how stepping away from the daily grind can help you catch up on personal tasks, explore new ventures, and spend quality time with family and friends. Drawing from her own experiences, Jillian illustrates how these breaks can rejuvenate your life and c...
Aug 12, 2024•12 min•Ep. 2828
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 2827: Hetty Green, the richest woman in Wall Street history, amassed her fortune through extreme frugality, conservative investments, and living life on her own terms. Learn from her unique financial wisdom and discover the powerful lessons that can shape your financial future. Read along with the original article(s) here: https://ofdollarsa...
Aug 11, 2024•13 min•Ep. 2827
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 2826: Leslie Watson shares her journey towards achieving digital minimalism, detailing how reducing screen time enhanced her energy, focus, and relationships. She emphasizes the importance of setting up systems for success rather than relying on willpower and provides eight practical strategies for managing technology use effectively. Read a...
Aug 11, 2024•12 min•Ep. 2826
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 2825: Andrew of DollarAfterDollar.com unveils a savvy strategy for turning depreciating assets into wealth-generating machines. By investing in cash-flowing assets like rental properties, you can have your liabilities, such as car payments, covered indefinitely. Discover how this approach can revolutionize your financial future and make high...
Aug 10, 2024•11 min•Ep. 2825
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 2824: Michael L. from FinancialPanther.com highlights the benefits of lazy investing through low-cost index funds, simplifying financial growth without the need for constant stock picking and research. Embracing a "Lazy Portfolio" can lead to consistent, diversified returns, making investing stress-free and accessible for everyone. Read alon...
Aug 09, 2024•13 min•Ep. 2824
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 2823: Jen Hayes shares her practical reasons for driving a 17-year-old car, highlighting how it saves money, reduces stress, and aligns with her goal of financial freedom. Her approach emphasizes the importance of humility and avoiding debt over the desire for a flashy, new vehicle. Read along with the original article(s) here: https://www.j...
Aug 08, 2024•10 min•Ep. 2823
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 2822: Vicki Cook and Amy Blacklock explore whether a gym membership is a wise investment or a financial burden. They weigh the benefits, like diverse fitness options and additional perks, against potential drawbacks, such as unused memberships and financial strain. This insightful analysis helps you make an informed decision about your fitne...
Aug 07, 2024•12 min•Ep. 2822
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 2821: Phil Town shares six timeless principles from the Rule #1 strategy that top investors like Warren Buffett and Charlie Munger use to achieve outstanding market returns. These principles emphasize rational decision-making, deep business understanding, investing in companies you believe in, waiting for market opportunities, reducing risk ...
Aug 06, 2024•10 min•Ep. 2821
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 2820: Joel from 5AMJoel.com shares his journey of decluttering and realizing the unnecessary abundance of items like his 10 surfboards. He emphasizes the benefits of minimalism, reducing decisions, and implementing strategies like "one in, one out" to maintain a clutter-free life, ultimately leading to less stress and more intentional living...
Aug 05, 2024•11 min•Ep. 2820
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 2819: Helene Massicotte from FreeToPursue.com offers a refreshing perspective on saving, contrasting traditional retirement strategies with the empowering mindset of financial independence. She emphasizes saving not out of fear, but for the freedom and options it provides today, transforming a burdensome duty into a rewarding and joyful acti...
Aug 04, 2024•10 min•Ep. 2819
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 2818: Nia Shanks explores the underlying reasons behind the lack of progress in personal goals and offers actionable strategies to overcome these obstacles. She emphasizes the importance of self-compassion and adaptability, providing readers with practical tips to achieve consistent and meaningful results. Read along with the original articl...
Aug 04, 2024•12 min•Ep. 2818
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 2817: Philip Dancy's insightful pieces on distinguishing "wants" from "needs" and the importance of emergency funds provide practical advice for financial health. By understanding and prioritizing true needs, you can effectively manage your budget and savings, ensuring you’re prepared for unexpected expenses while still enjoying life’s pleas...
Aug 03, 2024•11 min•Ep. 2817
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 2816: Derick Van Ness from BigLifeFinancial.com emphasizes the critical role of systematic saving in financial success. He highlights how saving, though not glamorous, is the foundational habit that differentiates the wealthy from those living paycheck to paycheck. Building wealth starts with consistently saving a portion of every income, wh...
Aug 02, 2024•12 min•Ep. 2816
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 2815: Amanda from WomenWhoMoney.com delves into the complexities of Social Security, addressing concerns about its future, how to estimate and maximize benefits, and the impact of potential legislative changes. She emphasizes the importance of proactive retirement planning, suggesting that Social Security should be considered a bonus rather ...
Aug 01, 2024•13 min•Ep. 2815
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 2814: Christine Sato, in collaboration with JenHayes.Me, explains how to save money and invest simultaneously, even on a low income. She outlines strategies for building savings for short-term needs and investing for long-term goals, emphasizing the importance of automatic transfers, taking advantage of employer 401(k) matches, and starting ...
Jul 31, 2024•11 min•Ep. 2814
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 2813: Chris from KeepThrifty.com shares the transformative journey from debt freedom to the more profound concept of payment freedom. He explains how eliminating monthly expenses entirely, rather than merely paying off debt, leads to true financial independence and a liberating sense of freedom. Read along with the original article(s) here: ...
Jul 30, 2024•11 min•Ep. 2813
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 2812: Jay Delaworth highlights the critical mistake of not having an exit strategy in investing. He emphasizes that without a plan for when to sell, investors risk making emotional decisions that can significantly damage their financial future. Understanding and establishing clear rules for selling can prevent costly errors and ensure more s...
Jul 29, 2024•12 min•Ep. 2812
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 2811: Miranda Marquit of GoodFinancialCents.com outlines the critical mistakes to avoid when consolidating debt, such as misusing newly available credit and not changing spending habits. Her advice helps ensure debt consolidation serves as a pathway to financial stability rather than a setback. Read along with the original article(s) here: h...
Jul 28, 2024•11 min•Ep. 2811
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 2810: Kalen Bruce of Freedom Sprout.com shares practical tips for creating and maintaining a weekly family schedule. By tracking time, planning each minute, and using a family calendar, you can reduce stress and foster a structured yet flexible environment, especially crucial for families with unpredictable schedules like those in the milita...
Jul 28, 2024•12 min•Ep. 2810
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 2809: Lisa Harrison shares how turning 40 has shifted her perspective on the FIRE movement. She highlights the importance of balancing financial independence with enjoying life now, emphasizing the need for quality health care and the benefits of maintaining a job for financial security and personal fulfillment. Read along with the original ...
Jul 27, 2024•10 min•Ep. 2809
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 2808: Lisa Harrison of MadMoneyMonster.com shares how turning 40 has reshaped her views on the FIRE movement. Emphasizing family, health, and enjoying the moment, she explains why the sacrifices required for early retirement no longer appeal to her, highlighting a shift from her youthful optimism to a more balanced, realistic approach to lif...
Jul 26, 2024•11 min•Ep. 2808
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 2807: Amanda Brownlow of HelloBrownlow.com reveals six essential items to always buy secondhand, highlighting significant savings and environmental benefits. From baby gear to home decor, Amanda shares practical tips for finding high-quality, affordable secondhand goods. Read along with the original article(s) here: https://hellobrownlow.com...
Jul 25, 2024•12 min•Ep. 2807