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
Oct 6, 2024 • 12min
2891: Should You Sacrifice Financial Stability to Pursue Your Dream? by Ann Davis with Tiny Buddha
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 2891:Ann Davis shares her personal journey of choosing between financial stability and pursuing her dream. Through her experiences of financial hardship and the lessons she learned, Davis emphasizes the importance of balancing dreams with financial responsibility. She encourages readers to trust their instincts, lean on friendships, and take steady action while maintaining financial security.Read along with the original article(s) here: https://tinybuddha.com/blog/should-you-sacrifice-financial-stability-to-pursue-your-dream/Quotes to ponder:"If your gut is telling you that quitting feels risky, be creative and find a way to pursue your dream while still maintaining your financial stability.""It was work that fulfilled my soul but not my wallet.""Trust me; you can pursue your dream slowly and still take care of yourself financially." Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 6, 2024 • 11min
2890: Finding Belonging by Shana Olmstead on Community Relationships
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 2890:Shana Olmstead shares her journey of navigating feelings of loneliness and finding a sense of belonging by pushing herself to connect with others despite initial discomfort. Through her experiences, she highlights the importance of community, spiritual connection, and trusting one's intuition to find where they truly belong.Read along with the original article(s) here: https://shanaolmstead.com/2020/03/02/finding-belonging/Quotes to ponder:"It’s hard and scary to not feel a sense of belonging. We are created to belong and have a feeling of connection and community.""Even though I felt old and out of place at college, I pushed myself to reach out and invite people to get together and ended up with lifelong family.""We also sometimes outgrow the sense of belonging we have always had as we grow and evolve." Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 5, 2024 • 13min
2889: How to Find Contentment When You’re Deep in Debt by Jen Hayes on Financial & Mental Freedom
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 2889:Jen Hayes explores the emotional toll of debt and offers practical strategies to maintain contentment despite financial burdens. By reshaping your thoughts, focusing on progress, and finding supportive communities, you can cultivate a positive mindset that fosters resilience and peace of mind, even in challenging financial times.Read along with the original article(s) here: https://www.jenhayes.me/how-to-find-contentment-when-youre-deep-in-debt/Quotes to ponder:“It is your thoughts about your circumstances that drive your emotions.”“Remember that you’re comparing your behind-the-scenes life to someone else’s highlight reel.”“Paying off debt is tough, but so are you.”Episode references:Natalie Bacon Blog: https://nataliebacon.comDave Ramsey: https://www.daveramsey.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 4, 2024 • 11min
2888: How to Stop Being Broke With a High Salary by Lisa Harrison of Mad Money Monster on Intentional Living
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 2888:Lisa Harrison challenges the common habit of living paycheck to paycheck, even with a high salary, by advocating for a lifestyle that prioritizes living below one's means. She offers practical tips on budgeting, tracking net worth, and cutting unnecessary expenses, empowering individuals to break free from financial stress and build real wealth.Read along with the original article(s) here: https://madmoneymonster.com/2017/05/01/how-to-stop-being-broke-with-high-salary/Quotes to ponder:"High salary or not, look around you and you’ll likely see your friends buying bigger houses, new cars, etc. In order to keep up with this kind of lifestyle, even for high-salaried couples, you’re probably going to be broke.""The quickest fix to stop being broke with a high salary is to Live Below Your Means. It’s the oldest wealth-building secret in the book, and yet it escapes most of us.""Be an individual. Go against the grain. And wonderful things will happen."Episode references:Stop Acting Rich: https://www.amazon.com/Stop-Acting-Rich-Start-Living/dp/0470482559 Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 3, 2024 • 11min
2887: The Day I Failed as a Financial Advisor by Jeff Rose of Good Financial Cents on Investing Advice
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 2887:Jeff Rose candidly shares his experience of failing as a financial advisor during the 2008 market crash, highlighting the emotional toll of watching a client make a detrimental decision. His story underscores the importance of financial literacy and the dangers of relying solely on an advisor without understanding the market risks and long-term investment strategies.Read along with the original article(s) here: https://www.goodfinancialcents.com/one-of-the-times-i-failed-as-a-financial-advisor/Quotes to ponder:"There have been many times I have failed as a financial advisor, but there is one instance that still haunts me to this day.""It finally hit the bottom on March 9th, 2009, but obviously, no one knew that.""At the end of the day, it’s your money and you’re in charge and I’ll do what you want me to do." Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 2, 2024 • 10min
2886: Make a Wish List of Financial Goals by JD Roth of Get Rich Slowly on Personal Finance 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 2886:JD Roth from GetRichSlowly.org emphasizes the importance of aligning financial decisions with long-term personal goals. He guides readers through a structured approach to goal-setting, starting with imagining an ideal future and breaking it down into actionable steps. This method ensures that every financial decision, no matter how small, contributes to achieving larger life dreams.Read along with the original article(s) here: https://www.getrichslowly.org/make-a-wish-list-of-financial-goals/Quotes to ponder:"If one moves confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours.”"The best way to make sense of short-term personal finance decisions is to have a clear long-term objective."Episode references:Design Your Life by Bill Burnett and Dave Evans: https://www.amazon.com/Designing-Your-Life-Well-Lived-Joyful/dp/1101875321 Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 1, 2024 • 11min
2885: How to Create an Owner Mindset by Paula Pant of Afford Anything on Financial Advice
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 2885:Paula Pant challenges the traditional freelancer's mindset, emphasizing that true freedom comes from owning assets rather than merely being self-employed. Drawing inspiration from Robert Kiyosaki's Cashflow Quadrant, Pant encourages a shift from trading time for money to creating self-sustaining wealth through smart investments, ultimately achieving a life where work becomes optional.Read along with the original article(s) here: https://affordanything.com/owner-mindset/Quotes to ponder:"Freedom isn’t ‘being your own boss’ - it’s the ability to fire any boss, including yourself.""Wealth is measured in time, not dollars.""Self-employment is great, but not needing employment (self or otherwise) is the true goal."Episode references:The Millionaire Next Door by Thomas J. Stanley and William D. Danko: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474Cashflow Quadrant by Robert Kiyosaki: https://www.amazon.com/Cashflow-Quadrant-Robert-T-Kiyosaki/dp/1612680054 Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 30, 2024 • 11min
2884: This Is Why I Own a Home by Mr. 1500 with Budgets Are Sexy on Financial Advice
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 2884:Owning a home can be a powerful financial strategy when approached thoughtfully, as Mr. 1500 shares. By purchasing homes in need of repair and in neighborhoods on the rise, he has turned his investments into profitable ventures. Beyond financial benefits, homeownership provides stability, opportunities to learn new skills, and the satisfaction of creating a personalized space.Read along with the original article(s) here: https://www.budgetsaresexy.com/this-is-why-i-own-a-home/Quotes to ponder:"Owning a home gives me a sense of stability that renting never could.""The financial benefits of homeownership extend far beyond just building equity.""It’s the one place in the world where you get to call the shots and really make it your own." Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 29, 2024 • 11min
2883: The Near-Zero Benefit from Timing the Market by Jesse Cramer of Best Interest on Money Habits
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 2883:Jesse Cramer reveals why attempting to time the market rarely pays off, using the stories of three investors to show that even perfect market timing only marginally improves portfolio outcomes. The stress and uncertainty of waiting for the "right moment" often outweigh the minimal financial benefits, making a steady investment approach more appealing.Read along with the original article(s) here: https://bestinterest.blog/the-near-zero-benefit-from-timing-the-market/Quotes to ponder:"Zero skill, zero luck, zero stress. He just kept on buying. And he’s in a great place.""This is a scenario where the juice simply isn’t worth the squeeze.""While your money is out of the market, sitting on the sidelines, what will you be thinking? Are you going to be relaxed, with ice in your veins?" Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 29, 2024 • 11min
2882: The Better Booty Toolkit by Rachel Trotta on Physical Fitness & Wellness
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 2882:Rachel Trotta shares practical strategies for building stronger, more confident legs by focusing on muscle-toning exercises, increasing daily activity, and smart nutrition choices. She emphasizes the importance of sustainable habits over quick fixes, guiding women toward long-term improvement and body positivity.Read along with the original article(s) here: https://racheltrotta.com/fitness/better-booty-toolkit/Quotes to ponder:"Most women, even very fit women, have cellulite, and losing scale weight isn’t always the solution.""Strength training is how you’re going to achieve the definition you want to see.""Focus on one day at a time, and build sustainable practices for long-term results." Learn more about your ad choices. Visit megaphone.fm/adchoices
