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 3051:JL Collins breaks down the mindset shift needed to stop thinking about what money can buy and start focusing on what it can earn. By understanding opportunity cost and the power of compounding, you can make choices that lead to long-term prosperity rather than fleeting riches.Read along with the original article(s) here: https://jlcollinsnh.com/2013/06/14/stocks-part-ixx-how-to-think-about-money/Quotes to ponder:“It’s not hard. Stop thinking about what your money can buy. Start thinking about what your money can earn. And what the money it earns can earn.”“You have probably heard of The Magic of Compounding. As your savings grow, you earn interest on a bigger and bigger pool of money.”“One of the beauties of being financially independent is that by definition you will have enough money so that the power of Compounding is greater than the Opportunity Cost of what you spend.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3050:Nia Shanks emphasizes the importance of finding an approach to training and eating that works for you rather than forcing a method that causes stress or doesn’t align with your preferences. Whether it’s strength training, intermittent fasting, or another nutrition plan, success comes from experimentation and personalization, not rigid adherence to popular advice.Read along with the original article(s) here: https://www.niashanks.com/reason-not-getting-results-what-to-do/Quotes to ponder:"You don’t have to do what’s popular or what other experts swear by if that method doesn’t fit your lifestyle and personality.""Bottom line with nutrition is don’t be afraid to experiment and discover what works for you.""Bottom line, if a particular method doesn’t fit your personality or mesh with your lifestyle, then don’t force it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3049:Changing jobs for a higher salary can be tempting, but Philip Taylor argues that money alone shouldn’t be the deciding factor. Job satisfaction, stability, and lifestyle impact are key considerations, as frequent job-hopping can lead to long-term dissatisfaction. While salary surveys can help determine fair pay, sometimes staying put and building career capital offers more benefits than chasing a bigger paycheck.Read along with the original article(s) here: https://ptmoney.com/changing-jobs-for-more-money-is-it-worth-it/Quotes to ponder:"You absolutely hate what you do; if you don’t, you’re likely to be miserable and just go about the motions because you need the money.""When you change jobs just for the money, there’s no end to it; you tend to keep job-hopping all your life, flitting like a bee from flower to flower without really gathering anything of substance.""All things being equal, you need to get the best salary that the market will pay."Episode references:PayScale Salary Survey: https://www.payscale.com/Salary.com: https://www.salary.com/Money.com Best Places to Live: https://money.com/best-places-to-live/So Good They Can’t Ignore You: https://www.amazon.com/So-Good-They-Cant-Ignore/dp/1455509124 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3048:Jacob Lund Fisker dissects common spending habits, from frequent furniture replacements to excessive transportation costs, revealing how consumerism encourages unnecessary expenses that make financial freedom seem out of reach. By plugging these financial leaks, it's possible to live comfortably on far less while enjoying a higher quality of life.Read along with the original article(s) here: http://earlyretirementextreme.com/your-budget-is-like-sinking-ship.htmlQuotes to ponder:"Most of the waste is, however, on leaks and quantity; not quality.""Every activity must be bleeding money. Perhaps this explains the common misconception that spending less means 'not really living' or 'living deprived' or 'having a lower standard.'""How can anyone enjoy the journey when having to deal with the problem of running the bilge pump all the time? Why not take care of the leaks?"Episode references:Investopedia - Consumerism: https://www.investopedia.com/terms/c/consumerism.asp Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3047:Having interviewed over 40 everyday millionaires, ESI of ESIMoney.com uncovers the key habits that lead to wealth. High income, disciplined saving, and early, consistent investing stand out as the core principles that set millionaires apart. Avoiding financial pitfalls and making smart money moves further accelerate their journey proving that financial success is more about mindset and discipline than luck.Read along with the original article(s) here: https://esimoney.com/lessons-from-millionaires/Quotes to ponder:"Having a high income is a great asset. Even people with high incomes can spend it all, so while many millionaires have high incomes, they also have something more valuable: self-control to limit their spending.""Millionaires use this to their advantage. They invest early, often, and at high amounts. Then they let this money sit and compound (usually in index funds) year after year and decade after decade.""My challenge to you is to ask yourself which of the tips mentioned you are missing. Which of these can you attack and get just a bit better at over time?"Episode references:The Millionaire Next Door: https://www.amazon.com/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3046:Chris of KeepThrifty.com shares key lessons from his own experience, emphasizing the importance of retiring to something rather than just from something, preparing mentally as well as financially, and structuring free time to create a fulfilling life. These insights can help you make the most of your retirement, whether it’s temporary or permanent.Read along with the original article(s) here: https://www.keepthrifty.com/before-you-retire-lessons-from-mini-retirement/Quotes to ponder:"Don’t retire from something, retire to something.""Understanding who I am outside of my job has been one of my toughest and most valuable lessons from this mini-retirement.""By defining clear boundaries and structure, we’ve been able to turn the blessing of free time in retirement from something good to something great." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3045:Earning less money each year might seem like a setback, but it can actually be a hidden advantage. By gradually reducing income, financial habits shift towards frugality, creativity, and long-term sustainability, making financial independence more achievable. This perspective challenges the traditional belief that constant income growth is the only path to success.Read along with the original article(s) here: https://financialpanther.com/the-unexpected-benefit-of-earning-less-money-each-year/Quotes to ponder:"Making less money forces you to be more creative with how you earn and spend.""When your income drops, you start asking yourself what really matters.""Instead of feeling like you need to make more money, you learn to make do with what you have." Learn more about your ad choices. Visit megaphone.fm/adchoices

Amberly Grant, a financial independence expert, discusses the delicate balance between smart financial choices and a joyful life. She illustrates her journey of embracing adventure while planning for the future. Grant emphasizes that delayed gratification shouldn't mean postponing joy and encourages listeners to live fully now, alongside their financial goals. She highlights the importance of viewing money as a tool for fulfillment, fostering a life that's rich in both experiences and wise financial planning.

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 3043:Lisa Harrison shares how embracing the dollar store has helped her save money on everyday essentials without compromising on value. Her story is a reminder that financial savviness isn’t about where you shop, but how wisely you spend, regardless of what others might think.Read along with the original article(s) here: https://madmoneymonster.com/2021/07/12/why-i-love-shopping-at-the-dollar-store/Quotes to ponder:"I mean, if it’s good enough for someone who used to call 1600 Pennsylvania Avenue home, it’s certainly good enough for me and you.""Seriously, people need to get over themselves and simply save a buck wherever and whenever they can.""After all, you really shouldn’t care where you buy your toilet paper or pool noodle. I certainly don’t." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3042:How do we know if our reality is the true one? Steve Pavlina explores the nature of subjective and objective reality, challenging us to question our perceptions and consider alternative viewpoints. By examining how beliefs shape our experiences, he invites us to expand our awareness and take greater control over our personal growth.Read along with the original article(s) here: https://www.stevepavlina.com/blog/2005/03/my-reality-or-yours/Quotes to ponder:"My reality is the one that makes the most sense to me, but that doesn’t mean it’s the only reality.""If you assume reality is objective, you’ll seek truth by trying to eliminate perceptual biases. If you assume reality is subjective, you’ll seek truth by aligning your thoughts with your desires.""Perhaps the most intelligent choice is not to rigidly lock onto a single model of reality but to consciously select the model that best serves us in each moment." Learn more about your ad choices. Visit megaphone.fm/adchoices