Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily | Diania Merriam
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Jan 20, 2026 • 9min

3429: How to Transfer Your Brokerage Account by Jeff Rose of Good Financial Cents on Investment Relocation

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 3429: Jeff Rose breaks down the surprisingly simple process of transferring your brokerage account, even if you're leaving a financial advisor. Learn how to avoid hidden fees, reduce delays, and make sure your investments move seamlessly using the ACAT system, all while sidestepping the frustration of awkward conversations with your current firm. Read along with the original article(s) here: https://www.goodfinancialcents.com/brokerage-account-transfer-fees/ Quotes to ponder: "Many people don’t realize how easy it is to actually transfer your brokerage account elsewhere. It’s easier than switching banks." "Make sure you can see exactly how much you would pay if you had to pay anything at all." "Verify with your insurance company before liquidating any annuity contracts." Episode references: SEC Guide to Account Transfers: https://www.sec.gov/about/reports-publications/investorpubsacctxferhtm Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jan 19, 2026 • 11min

3428: Accredited Investor: The Benefits of Being One by Amanda Kruse of Women Who Money on Advanced Investing

Explore the intriguing world of accredited investors and the unique opportunities they enjoy. Amanda Kruse outlines who qualifies and the potential for higher returns through exclusive investments like venture capital and real estate crowdfunding. While discussing diversification's benefits, she also highlights the critical need for due diligence due to increased risks. New accredited investors are advised to start small and invest wisely, while it’s noted that robust wealth-building options exist for everyone, regardless of accreditation status.
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Jan 18, 2026 • 9min

3427: Budgeting Tips: 10 Ways to Lower Your Life's Fixed Costs by Joshua Becker of Becoming Minimalist

Learn how to take control of your finances with practical budgeting tips. Discover how downsizing your home can lead to considerable savings. Find out why buying reliable cars with cash is a game changer. Audit your subscriptions to cut unnecessary costs and explore ways to lower daily food expenses. Get inspired to pay off credit card debt to eliminate interest payments. By trimming fixed costs, you can free up money for savings and enjoy a more intentional lifestyle.
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Jan 18, 2026 • 9min

3426: 3 Science-Backed Daily Habits for a Life of Happiness and Success by Michael Mehlberg on Positive Routines

Three science-backed habits can transform your life. First, prioritize quality sleep to boost energy and decision-making. Second, exercise daily, especially in the morning, to enhance focus and motivation. Finally, plan your day intentionally to reduce stress and increase productivity. These simple yet effective routines can lay the groundwork for sustained happiness and success. Small, consistent changes can lead to significant benefits in overall well-being.
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Jan 17, 2026 • 9min

3425: [Part 2] Dealing with Uncertainty in Retirement Calculations by Darrow Kirkpatrick of Can I Retire Yet

Unpack the unpredictability of retirement planning with insights into how slight shifts in variables like inflation and expenses can reshape your financial future. Explore why retirement models are more like compasses than precise maps. Discover the surprisingly significant impact of investment returns and Social Security on your financial landscape. Flexibility and quality of life take center stage as you learn to adapt and adjust based on real retiree experiences. Embrace uncertainty with strategic choices and resilience for a thriving retirement.
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Jan 16, 2026 • 12min

3424: [Part 1] Dealing with Uncertainty in Retirement Calculations by Darrow Kirkpatrick of Can I Retire Yet

Darrow Kirkpatrick explores the unpredictability of retirement planning, revealing how small changes can lead to vastly different outcomes. A couple grappling with expenses, social security, and investment returns illustrates the stakes involved. Optimistic and pessimistic forecasts showcase the potential for wealth or bankruptcy by age 75. With longevity and inflation being critical variables, the episode underscores the importance of careful financial projection. The insights aim to prepare listeners for the uncertainties of aging and financial independence.
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5 snips
Jan 15, 2026 • 9min

3423: What Debt to Pay Off First: A Simple Way to Decide What’s Best by Jackie Beck on Repayment Priorities

Explore the intriguing idea that emotions, rather than logic, are key to effective debt repayment. Learn how focusing on smaller debts can build momentum and keep you motivated. Discover two key questions to prioritize your repayments for emotional relief. Hear about the benefits of the debt snowball method, which emphasizes quick wins. Additionally, find insights on how to address debts hurting personal relationships. Finally, shift your mindset to prioritize consistent repayment over a perfect strategy for true financial progress.
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14 snips
Jan 14, 2026 • 10min

3422: Mortgage Prepayment Made Easy: Own Your Home in Half the Time by JD Roth of Get Rich Slowly

Explore the practical and psychological advantages of prepaying your mortgage. JD Roth delves into a flexible strategy that can cut a 30-year term in half, offering both financial peace and freedom. He shares an eye-opening bill breakdown, showing how small principal payments can drastically reduce your debt term. While weighing the benefits and drawbacks, the discussion touches on balancing investments with mortgage prepayment. Ultimately, eliminating your mortgage leads to lower monthly expenses and more financial freedom.
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20 snips
Jan 13, 2026 • 10min

3421: 10 Lessons About Life and Money After Attending FinCon by Julien Saunders of Rich and Regular

Julien Saunders shares ten transformative lessons from FinCon that reshape our understanding of life and finances. He emphasizes that true success is more than wealth; it’s about the freedom to pursue passions. Community plays a crucial role, offering support for candid conversations. The importance of treating time and compound interest as invaluable resources is highlighted. Additionally, he challenges us to break free from autopilot living, offers insight on the discipline needed to maintain wealth, and encourages intentional giving to foster growth.
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16 snips
Jan 12, 2026 • 11min

3420: I Will Never Recommend Crypto by Kevin of Financial Panther on Alternative Investing

Kevin makes a compelling case against cryptocurrency, citing its speculative nature and environmental issues. He shares his belief that financial success comes from low-risk strategies like index funds, stressing consistency over chasing quick wins. Risky schemes and scams are explored, while a steady investment strategy is recommended. Kevin emphasizes building assets and minimizing fees for long-term growth. To address FOMO, he suggests limiting crypto investments to a small portion of one’s portfolio.

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