Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily | Diania Merriam
Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone.Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals.This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future.Listen now, and become an OLD friend--your optimal life awaits...
Episodes
Mentioned books
Nov 18, 2024 • 11min
2940: Get Rich With: Profitable Leisure Time by Mr. Money Mustache on Financial Freedom & F.I.R.E
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 2940:Mr. Money Mustache explores how to enjoy leisure time without excessive spending by embracing fulfilling, low-cost activities. By valuing local, sustainable hobbies and even money-making pastimes, he demonstrates how redefining leisure can create both personal satisfaction and financial freedom.Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/05/05/get-rich-with-profitable-leisure-time/Quotes to ponder:"Leisure represents the freedom to do things that make you happy.""When you are not at work, you need to do SOMETHING with your time. The possibilities are endless.""Make your own leisure list including the feeling of waking up on a Monday morning and realizing you don’t have to go to work unless you want to." Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 17, 2024 • 11min
2939: 8 Important Tips To Improve Your Finances (In Only 30 Days!) by Christina Browing of Our Rich Journey
Explore quick and actionable financial tips that can transform your finances in just 30 days. Discover how to improve your credit score and reduce expenses while embracing a positive money mindset. Learn the importance of normalizing discussions about finances with friends and creating a detailed plan with trackable milestones. These strategies aim for long-term financial independence, reminding us that it's a journey, not a sprint.
Nov 17, 2024 • 11min
2938: Looking At Our Daycare Costs And Why We Send Our Son To Daycare by Kevin of Financial Panther
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 2938:Kevin of Financial Panther examines the costs and benefits of daycare, highlighting the balance between time, money, and his child’s social development. By analyzing hourly expenses and considering the non-financial advantages, Kevin emphasizes the value of daycare in providing structure for his family, freedom in his work-life, and enriching social experiences for his son.Read along with the original article(s) here: https://financialpanther.com/looking-at-our-daycare-costs-and-why-we-send-our-son-to-daycare/Quotes to ponder:"I think some people fall into this trap where they think of every decision in terms of money. In reality, the decisions we make are never just about money.""Children completely change your life. No matter what your situation is, if you have kids, you’re going to have to pay for childcare. You’ll either pay for it with your time. Or you’ll pay for it with your money.""I’m not an expert on childcare by any means, but to me, getting interaction with other kids and developing social skills is a good thing for his development." Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 16, 2024 • 9min
2937: What it Means to “Live Below Your Means” by Jackie Beck on Budgeting & Financial Freedom
Explore the concept of living below your means as a key to achieving financial freedom. Discover practical tips on budgeting and managing expenses to build security and reduce stress. Learn how spending less than you earn can lead to a more fulfilling life, emphasizing that financial freedom is about meaningful choices, not just consumerism. It’s all about using money as a tool for a brighter future without feeling deprived.
Nov 15, 2024 • 11min
2936: What Does It Take To Be A Successful Investor by Vicki Cook & Amy Blacklock of Women Who Money
Successful investing hinges on key traits like patience, confidence, and emotional control. Women are encouraged to embrace investing over saving to combat inflation. Busy market fluctuations require focus and composure, while continuous learning and understanding risk empower savvy decisions. Humility and a firm grasp of long-term objectives, along with diverting attention from market noise, are crucial for building wealth. Unlocking these traits can help close the confidence gap and optimize investment strategies.
Nov 14, 2024 • 13min
2935: How to Get Rich with Minimalism by Karen Trefzger of Maximum Gratitude Minimal Stuff on Personal Finance
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 2935:Karen Trefzger explains how minimalist lifestyle choices can unlock financial freedom by cutting unnecessary expenses in areas like housing, cars, entertainment, and education. By simplifying spending and reinvesting the savings, she suggests anyone can build substantial wealth while also gaining peace of mind and flexibility.Read along with the original article(s) here: https://www.maximumgratitudeminimalstuff.com/2024/10/how-to-get-rich-with-minimalism.htmlQuotes to ponder:"Keeping up with the Joneses is a terrible idea when they’re spending more than they earn.""Cutting back on non-essentials is not a sacrifice, but a gift we give ourselves.""Minimalism isn’t just about having less; it’s about valuing what truly matters." Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 13, 2024 • 12min
2934: Selling My Time Too Cheap: How Full-Time Year-Round Work Blinds Us To The Joys of Life by Paul Millerd
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 2934:Paul Millerd explores how the societal default of full-time, year-round employment often blinds us to life’s more meaningful experiences. Sharing his journey from corporate consultant to self-employed, he reveals the hidden costs of trading endless hours for stability and questions the assumptions that keep many people from reclaiming their time and rediscovering genuine fulfillment.Read along with the original article(s) here: https://pmillerd.com/time/Quotes to ponder:"Those moments where you’ve had enough space and time to connect to yourself are priceless.""What we bought into was a silent conspiracy. One where as long as we remained employed, we could pretend that we had it figured out.""If I had to plant a piece of wisdom in the brain of my younger self it would simply be to tell him that a different state of being is possible." Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 12, 2024 • 11min
2933: Investing by Steve Pavlina on Creating Positive Social Impacts
Steve Pavlina, a renowned author and entrepreneur in personal development, dives into the world of value-aligned investing. He argues that true fulfillment comes from aligning investments with personal values and creating positive social impacts, rather than focusing solely on profits. Pavlina emphasizes the importance of investing in personal growth through educational experiences and ethical choices. He also contrasts active trading with long-term strategies, advocating for investments that enhance both personal well-being and societal benefit.
Nov 11, 2024 • 12min
2932: [Part 2] You Don’t Have to Make $100,000 a Year to Retire Early by Mrs. 1500 of 1500 Days on Saving Money
Explore practical strategies for achieving financial independence, regardless of income level. Learn how thrift shopping and utilizing personal skills can boost savings. Discover that thoughtful financial decisions hold more weight than a high salary when aiming for early retirement. Hear inspiring stories, like a single mother who successfully transformed her lifestyle. Reflect on how relationships can influence financial choices and the importance of mindful spending in creating a secure future.
Nov 10, 2024 • 13min
2931: [Part 1] You Don’t Have to Make $100,000 a Year to Retire Early by Mrs. 1500 of 1500 Days on Frugality
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 2931:Mrs. 1500 from 1500Days.com shares her thoughts on early retirement, emphasizing that you don’t need to earn a six-figure salary to achieve it. Drawing from her own experience of living frugally, she offers practical tips, such as renting out spare rooms, maintaining a budget car, and delaying major expenses like children, all while finding joy in a simpler lifestyle.Read along with the original article(s) here: https://www.1500days.com/you-dont-have-to-make-100000-a-year-to-retire-early/Quotes to ponder:"Anyone can stir things together in a bowl. Take a day to make up a bunch of breakfast sandwiches and put them in the freezer so you don’t have to stop at the drive-thru on the way to work because you woke up late.""Delay having children until you can afford them. Now I understand surprises happen, but there are ways to avoid these surprises.""Don’t attend weddings for people you don’t believe will stay together."Episode references:Retire by 40: https://retireby40.orgMr. Money Mustache: https://www.mrmoneymustache.com Learn more about your ad choices. Visit megaphone.fm/adchoices
