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 3009: Chris of KeepThrifty.com explores the trade-offs between prepaying your mortgage and investing, emphasizing the role of risk tolerance and personal preferences. While investing often yields higher returns, the guaranteed stability of prepayments can bring peace of mind, especially for those who value financial certainty over potential ...
Jan 18, 2025•12 min•Ep. 3009
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 3008: Sam from Financial Samurai explores the consequences of closing credit cards, sharing personal insights and practical advice to safeguard your credit score and financial health. By understanding key factors like credit history, credit line usage, and account management, you can make informed decisions about whether to keep or close you...
Jan 17, 2025•9 min•Ep. 3008
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 3007: Explore the advantages of setting up a family trust to secure your assets, streamline estate planning, and ensure your legacy is protected. This guide highlights the steps, benefits, and key considerations to help you decide if a family trust aligns with your financial goals. Read along with the original article(s) here: https://www.go...
Jan 16, 2025•10 min•Ep. 3007
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 3006: ESI from ESIMoney.com breaks down the transformative power of investing, the third step in the "Earn, Save, Invest" wealth-building strategy. By focusing on amount, time, and return, investments compound to multiply your net worth over time. With insights into index funds, real estate, and more, this guide simplifies how to grow wealth...
Jan 15, 2025•10 min•Ep. 3006
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 3005: Chelsea from SmartMoneyMamas.com explains the practical steps to safeguard your budget from unexpected expenses by dividing them into predictable and unpredictable categories. She highlights the importance of building annual budgets, creating sinking funds, and prioritizing an emergency fund to transform financial stress into manageabl...
Jan 14, 2025•12 min•Ep. 3005
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 3004: Chris Reining's exploration of risk and reward illustrates how calculated risk-taking, as seen in Arnold Schwarzenegger's multifaceted career and real estate investments, paves the way for growth and success. He delves into tailoring investment strategies to personal risk tolerance, emphasizing the balance between safety and potential ...
Jan 13, 2025•10 min•Ep. 3004
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 3003: Kelley Long shares practical advice for navigating the complexities of hiring a tax professional. Whether you're a self-employed entrepreneur or have straightforward tax needs, she clarifies the roles of tax preparers, EAs, and CPAs, and offers actionable tips to ensure you find the right expert to save time, money, and stress. Read al...
Jan 12, 2025•10 min•Ep. 3003
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 3002: Leo Babauta outlines a practical system to make habits stick by addressing common obstacles like loss of enthusiasm, distractions, and negative self-talk. By starting small, creating strong accountability, and setting up reminders, you can effectively overcome these challenges and turn new behaviors into lasting habits. Read along with...
Jan 12, 2025•12 min•Ep. 3002
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 3001: Kumiko Love explores the pervasive culture of instant gratification and its impact on finances. She offers practical tools like Shopping Lists, Wait Lists, and Instant Gratification Wish Lists to help you cultivate patience and make thoughtful spending decisions. By focusing on delayed gratification, you can achieve financial goals whi...
Jan 11, 2025•13 min•Ep. 3001
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 3000: In "7 Rules for Growing Slow (But Sustainable) Wealth," the editors of GetRichSlowly.org outline a clear framework for building lasting financial security. From prioritizing net income over gross, to diversifying income streams and leveraging investments strategically, these principles emphasize steady, long-term growth. The goal is no...
Jan 10, 2025•12 min•Ep. 3000
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 2999: Discover when refinancing your mortgage could be a smart financial move and when it might not be worth the effort. This guide demystifies key factors like interest rates, loan terms, and closing costs to help you make informed decisions that align with your financial goals. Read along with the original article(s) here: https://marriage...
Jan 09, 2025•12 min•Ep. 2999
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 2998: Craig Stephens explores various "minus your age" rules for determining a balanced stock-to-bond portfolio allocation. By adjusting the formula constants (100, 120, 130, or up to 140), investors can align their strategy with personal risk tolerance and investment horizons. With a flexible and data-backed approach, Stephens emphasizes th...
Jan 08, 2025•12 min•Ep. 2998
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 2997: Tyler Tervooren explores the hidden stress that comes with focusing on productivity and hourly earnings, revealing how it can unintentionally bleed into every aspect of life, even leisure. He emphasizes the need to prioritize creative downtime and personal moments to truly enhance productivity and happiness, suggesting strategies to ba...
Jan 07, 2025•10 min•Ep. 2997
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 2996: Dr. Leif Dahleen debunks common financial misconceptions like "free" travel with credit card points, the necessity of budgeting, and the idea that everyone needs a side hustle. He explains how credit card rewards aren’t truly free and challenges the notion that earning more is always better than spending less, especially when taxes are...
Jan 06, 2025•12 min•Ep. 2996
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 2995: Dr. Leif Dahleen challenges the concept of passive income, illustrating how many success stories labeled as "passive" are far from it. From real estate to blogging, he highlights the substantial effort often hidden behind these narratives, debunking myths around dividend investing, side hustles, and more. This eye-opening critique urge...
Jan 05, 2025•12 min•Ep. 2995
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 2994: Antonia Collins explores the emotional and practical challenges of decluttering, particularly the guilt of wastefulness. She offers actionable strategies like donating, selling, and changing your mindset to make decluttering a positive and liberating experience. This article inspires readers to embrace simplicity while letting go of re...
Jan 05, 2025•11 min•Ep. 2994
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 2993: Courtney Carver offers a compassionate guide to breaking free from impulsive shopping patterns. She shares eight practical, judgment-free strategies to align your spending with your values, simplify your life, and foster intentional habits that nurture both your wallet and your well-being. Read along with the original article(s) here: ...
Jan 04, 2025•12 min•Ep. 2993
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 2992: Dave of AccidentalFIRE.com explores how sensationalized media and misplaced fears can lead to poor decision-making, particularly regarding child safety and financial risks. By comparing perceived versus actual threats, he emphasizes the importance of focusing on long-term risks and cultivating a rational approach to financial independe...
Jan 03, 2025•11 min•Ep. 2992
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 2991: Mr. 1500's story of "Bad Car Bill" highlights the power of frugality and resisting lifestyle inflation. Bill’s modest choices driving a clunker, packing lunches, and avoiding flashy expenses allowed him to quietly accumulate wealth while peers squandered theirs. This thought-provoking tale challenges us to reconsider the allure of mate...
Jan 02, 2025•9 min•Ep. 2991
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 2990: Paula Pant challenges the "everyone has debt" mentality, urging readers to focus on whether debt is beneficial rather than normal. By highlighting the opportunity cost of debt and the importance of intentional financial choices, she advocates rejecting societal norms in favor of long-term financial health. Read along with the original ...
Jan 01, 2025•10 min•Ep. 2990
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 2989: Kalen Bruce explores two powerful strategies for paying off debt - the debt snowball and the debt avalanche. By comparing their benefits and drawbacks, this article empowers you to choose the method that aligns with your financial goals and motivation style, whether you crave small wins or want to minimize interest payments. Read along...
Dec 31, 2024•10 min•Ep. 2989
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 2988: FIRECracker of Millennial-Revolution.com shares how comparisons can derail your journey to financial independence. Instead of measuring yourself against others, focus on your own progress and celebrate each milestone. The FIRE journey is about growth, not a race to the finish line, and cherishing small victories can keep you motivated ...
Dec 30, 2024•12 min•Ep. 2988
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 2987: Barney from TheEscapeArtist.me draws an insightful parallel between winning at Monopoly and managing personal finances effectively. By focusing on strategic investments, avoiding distractions, and playing the long game, individuals can set themselves up for financial success. The message is clear: adopting a Monopoly mindset buying ass...
Dec 29, 2024•11 min•Ep. 2987
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 2986: Dr. Ashley Burkman from Smart Money Mamas.com delves into the often-overlooked expenses associated with childbirth, offering valuable insights for expectant parents. From understanding insurance deductibles to choosing between hospitals, birthing centers, and home births, she guides couples in making informed decisions to manage matern...
Dec 29, 2024•10 min•Ep. 2986
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 2985: Fritz Gilbert explores how small financial decisions can significantly impact long-term wealth. By harnessing the power of compound interest, even modest savings can snowball into substantial retirement funds. Whether you're just starting your career or nearing mid-life, strategic saving can transform your financial future and ultimate...
Dec 28, 2024•11 min•Ep. 2985
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 2984: Steven Keys simplifies the complex world of credit cards, offering an easy, stress-free strategy to maximize rewards and boost credit scores. By paying balances in full each month and choosing no-fee, cash-back cards, you can profit from rewards programs without falling into debt traps. Read along with the original article(s) here: htt...
Dec 27, 2024•11 min•Ep. 2984
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 2983: A Purple Life shares the rationale behind a 100% US stocks portfolio, emphasizing simplicity, higher returns over time, and the built-in international exposure of US index funds. By maintaining a flexible, minimalist lifestyle and an adaptive mindset, the author demonstrates how careful financial planning can align with personal values...
Dec 26, 2024•11 min•Ep. 2983
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 2982: Saving for retirement is a struggle for many, but Philip Taylor dismantles seven common excuses from "it's selfish" to "it's too late" that hold people back from securing their financial future. By addressing misconceptions and providing actionable solutions, Taylor empowers readers to take the first step toward financial independence,...
Dec 25, 2024•9 min•Ep. 2982
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 2981: Kiersten Saunders shares her perspective on embracing passive investing as a deliberate choice rooted in simplicity, lower costs, and long-term growth. By prioritizing buy-and-hold strategies for real estate and index funds for stocks, she highlights the benefits of transparency, reduced tax burdens, and financial freedom. Her reflecti...
Dec 24, 2024•10 min•Ep. 2981
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 2980: Lisa Harrison outlines a practical strategy for reclaiming financial discipline when old spending habits resurface. Through goal prioritization, progress tracking, budget adjustments, and family meetings, her approach empowers individuals and families to regain control, sustain frugality, and achieve long-term financial goals without f...
Dec 23, 2024•10 min•Ep. 2980
