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 2866: Making friends as you age can be challenging, especially in retirement when the social structures of work and family life are no longer as prominent. Kathleen Coxwell highlights the importance of forging new connections, emphasizing that a lack of social interaction can lead to loneliness, which has significant health risks. She offers...
Sep 15, 2024•14 min•Ep. 2866
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 2865: U-Ming Lee highlights the pitfalls of chasing short-term trends and emphasizes the value of building deep expertise in a specific niche for long-term success. He also underscores the importance of developing social skills and community ties to navigate the changing landscape of retirement and life’s challenges. Read along with the orig...
Sep 14, 2024•11 min•Ep. 2865
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 Episode 2864: U-Ming Lee challenges the outdated concept of traditional retirement, emphasizing the importance of planning for a future where stopping work at a predetermined age is unrealistic. He advocates for simple life insurance plans and building a career on substantive work rather than following trends, preparing for a dynamic and unpredictab...
Sep 13, 2024•11 min•Ep. 2864
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 2863: Lisa Harrison of MadMoneyMonster.com shares practical strategies to help individuals navigate the rising cost of living. From creating a budget to finding additional sources of income, her advice empowers readers to manage their finances more effectively and reduce their expenses during these challenging times. Read along with the orig...
Sep 12, 2024•12 min•Ep. 2863
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 2862: Honey Smith emphasizes the importance of prioritizing and planning for long-term financial goals, stressing the need for setting achievable mini-goals and maintaining motivation through personal finance buddies. By breaking down complex objectives and fostering accountability, individuals can stay on track and make meaningful progress ...
Sep 11, 2024•13 min•Ep. 2862
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 2861: JL Collins explores the allure of investing fads in "Magic Beans," highlighting the recurring trends of Growth Stocks, Actively Managed Funds, and Dividend Aristocrats. He argues that true financial success lies not in chasing these trends but in the reliable, long-term strategy of broad-based index funds. Read along with the original ...
Sep 10, 2024•11 min•Ep. 2861
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 2860: Mr. 1500 from 1500Days.com shares his unconventional journey from aspiring pilot to computer programmer and blogger, emphasizing the unpredictable nature of career happiness. He highlights the importance of exploring different paths and the joy of discovering unexpected passions along the way. Read along with the original article(s) he...
Sep 09, 2024•12 min•Ep. 2860
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 2859: Liz of Frugalwoods.com shares how embracing an unconventional frugal lifestyle has enabled her and her husband to pursue financial independence and early retirement. By rejecting societal pressures and consumerism, they find happiness and freedom in living below their means, ultimately achieving their goals on their terms. Read along w...
Sep 08, 2024•11 min•Ep. 2859
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 2858: Chalene Johnson debunks common weight loss myths, explaining why muscle doesn't weigh more than fat, the truth about calorie burning during and after workouts, the misconception about bulking up from weight lifting, and the impossibility of spot reducing fat. Her insights offer clarity and practical advice for anyone on a fitness journ...
Sep 08, 2024•13 min•Ep. 2858
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 2857: Kevin Ha of FinancialPanther.com explores why people still invest in expensive mutual funds despite the availability of cheaper alternatives. He reveals that a lack of financial literacy and over-reliance on brand names or financial advisors often lead to poor investment choices. Kevin offers practical solutions, recommending low-cost ...
Sep 07, 2024•13 min•Ep. 2857
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 2856: Bud Hebeler shares eight invaluable retirement tips gleaned from his own 27 years of retirement, emphasizing the power of compounding, professional advice, careful allocation, and living below one’s means. His insights, shaped by experiences from the Great Depression to modern times, provide a blueprint for achieving financial security...
Sep 06, 2024•12 min•Ep. 2856
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 2855: Jeff Rose's article on GoodFinancialCents.com reveals how an umbrella insurance policy, often misconceived as a luxury for the wealthy, offers essential financial protection by covering gaps left by standard policies. He explains its affordable premiums and extensive coverage, urging readers to consider this policy to safeguard their a...
Sep 05, 2024•13 min•Ep. 2855
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 2854: Millionaire Mob emphasizes the benefits of dividend investing over side hustles, highlighting how it provides a passive income stream and moves you closer to retirement goals without demanding significant time or effort. By strategically building and reinvesting in a dividend growth portfolio, investors can enjoy compound interest and ...
Sep 04, 2024•14 min•Ep. 2854
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 2853: Mr. Money Mustache shares an insightful reader case study of a family realizing they are closer to early retirement than they thought. With strategic financial adjustments, the reader learns they can enjoy financial independence much earlier than their initial projection of age 65. Read along with the original article(s) here: http://w...
Sep 03, 2024•13 min•Ep. 2853
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 2852: Chris Reining highlights the path to financial freedom by investing in assets that produce income. By focusing on real estate and stocks, he demonstrates how these investments can generate steady, long-term returns, emphasizing the importance of having your money work for you rather than merely speculating on price increases. Read alon...
Sep 02, 2024•12 min•Ep. 2852
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 2851: Nick Maggiulli of OfDollarsAndData.com explains the unpredictable nature of asset pricing through the lens of Schrödinger's cat thought experiment. He emphasizes the importance of liquidity and emergency savings to avoid selling assets at a loss during economic downturns. Read along with the original article(s) here: https://ofdollarsa...
Sep 01, 2024•13 min•Ep. 2851
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 2850: Rose Lounsbury's reflection on managing our to-do lists draws a powerful analogy between childhood road trips and adult productivity struggles. By focusing on the journey rather than the myriad of unchosen paths, she encourages us to prioritize and find joy in our chosen destinations, transforming our perspective on daily tasks. Read a...
Sep 01, 2024•10 min•Ep. 2850
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 2849: Sean Mullaney of FITaxGuy.com demystifies the concept of tax basis, illustrating how it prevents double taxation and clarifies taxable gains. Learn the essentials of depreciation, the benefits of a step-up in basis at death, tax loss harvesting strategies, and the unique considerations for basis in retirement accounts. Read along with ...
Aug 31, 2024•13 min•Ep. 2849
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 2848: Helene Massicotte explores the striking parallels between financial independence (FI) seekers and the fictional character Dexter, highlighting the unique mindset and behaviors that set FI enthusiasts apart from societal norms. Through an engaging comparison, she illustrates how the pursuit of financial independence fosters a strong inn...
Aug 30, 2024•15 min•Ep. 2848
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 2847: Vicki Cook and Amy Blacklock emphasize the importance of self-education and continuous learning in investing. They recommend using diverse resources and tools to understand financial risk tolerance and taking informed actions to build wealth confidently. Read along with the original article(s) here: https://womenwhomoney.com/why-is-tak...
Aug 29, 2024•12 min•Ep. 2847
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 2846: Vicki Cook and Amy Blacklock from WomenWhoMoney.com explain the significance of taking financial risks to build long-term wealth. They stress that relying solely on savings can lead to diminished buying power due to inflation, and outline strategies to balance risk and return to achieve financial goals, regardless of one’s current fina...
Aug 28, 2024•13 min•Ep. 2846
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 2845: Steve Chou shares how the principles of Pai Gow poker can be applied to achieve financial freedom. By using a conservative approach to entrepreneurship, focusing on creating multiple income streams, and balancing the security of a day job with the potential of side hustles, Chou illustrates a clear path to financial independence. Read ...
Aug 27, 2024•13 min•Ep. 2845
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 2844: Andrea Joy reveals how a money-saving challenge transformed her financial habits, demonstrating that small, consistent savings can significantly impact long-term financial security. By starting with as little as a dollar a week, she found a fun and effective way to build an emergency fund, providing a cushion for unexpected expenses an...
Aug 26, 2024•10 min•Ep. 2844
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 2843: Kumiko from TheBudgetMom.com shares essential budgeting tips to prevent unexpected expenses from derailing your financial plans. Discover how to plan for gifts, clothing, home maintenance, medical expenses, memberships, entertainment, pet supplies, and personal care to maintain a balanced budget and achieve financial peace of mind. Rea...
Aug 25, 2024•12 min•Ep. 2843
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 2842: Your energy is a valuable resource. And you’re giving it away much too freely. Melani Schweder of No Sidebar.com explores how mindful relationships can lead to a more intentional and peaceful life. Discover how to prioritize connections that uplift and support your well-being while letting go of those that drain your energy. Read along...
Aug 25, 2024•11 min•Ep. 2842
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 2841: Chelsea Brennan shares heartfelt financial wisdom in her letter to her son, emphasizing the importance of self-sufficiency, smart money management, continuous learning, and integrity. Her advice encourages thoughtful spending, saving, and taking calculated risks, hoping to set a foundation for financial independence and happiness. Read...
Aug 24, 2024•13 min•Ep. 2841
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 2840: Buying insurance is crucial to securing your financial future, but it's easy to make costly mistakes. Lisa Harrison highlights common pitfalls, such as inadequate coverage, delaying life insurance, and overlooking policy reviews. Discover how to make informed decisions to protect yourself and your assets effectively. Read along with th...
Aug 23, 2024•12 min•Ep. 2840
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 2839: Cynthia Meyer draws insights from philosophers like Henry David Thoreau to highlight the importance of mindful financial decisions. By tracking expenses and challenging unnecessary spending, she illustrates how adopting a simple and intentional approach can lead to greater financial independence and fulfillment. Read along with the ori...
Aug 22, 2024•11 min•Ep. 2839
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 2838: Managing money creates freedom, not restrictions, as Steve Martile emphasizes in his practical guide on using the JARS system for budgeting. By organizing finances into specific categories, Martile demonstrates how simple changes can lead to significant financial growth, peace in relationships, and even the ability to enjoy life’s luxu...
Aug 21, 2024•13 min•Ep. 2838
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 2837: Kiersten Saunders of RichAndRegular.com shares insights on how to take control of your financial future by giving yourself a raise. She discusses the importance of managing your paycheck effectively, avoiding lifestyle inflation, and investing in assets to create new income streams, highlighting the empowering shift from relying solely...
Aug 20, 2024•12 min•Ep. 2837
