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
Jun 27, 2024 • 10min
2775: [Part 2] 9 Simple Ways for Frugal People To Embrace a More Minimalist Lifestyle by Robyn of A Dime Saved
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 2775:Robyn from ADimeSaved.com shares practical tips for frugal individuals looking to embrace minimalism. Learn how a capsule wardrobe, digital media, and investing in experiences can save money and simplify life, while fostering a mindset of appreciation and intentional living.Read along with the original article(s) here: https://adimesaved.com/9-simple-ways-for-frugal-people-to-embrace-a-more-minimalist-lifestyleQuotes to ponder:"A capsule wardrobe means buying a few quality pieces that all work with each other and fit your style.""Shifting your thinking towards appreciating what you currently have vs. what you could have is a major move.""Using the money saved from buying less and using less can mean more money to actually go on that yearly family vacation."Episode references:The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808 Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 26, 2024 • 9min
2774: [Part 1] 9 Simple Ways for Frugal People To Embrace a More Minimalist Lifestyle by Robyn of A Dime Saved
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 2774:Robyn from ADimeSaved.com shares practical tips for embracing a minimalist lifestyle to declutter your home and mind, save money, and focus on personal happiness. By adopting a minimalist mindset, you can simplify your life and make more intentional choices about what you buy and keep.Read along with the original article(s) here: https://adimesaved.com/9-simple-ways-for-frugal-people-to-embrace-a-more-minimalist-lifestyleQuotes to ponder:"Minimalism can be applied to every aspect of your life to clear all the excess.""Less clutter opens us up to focus on other things.""Minimalism is ultimately to improve your internal feelings and mood."Episode references:Becoming Minimalist: https://www.becomingminimalist.com/The Life-Changing Magic of Tidying Up: https://www.amazon.com/Life-Changing-Magic-Tidying-Decluttering-Organizing/dp/1607747308 Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 25, 2024 • 11min
2773: I'll Show You Mine by Shannon McLay with Budgets Are Sexy on Personal Finance Habits & Advisors
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 2773:Shannon McLay shares a deeply personal account of her journey as a financial advisor, emphasizing the emotional weight of managing clients' investments. She reveals the importance of transparency and urges investors to ask advisors how they invest their own money, highlighting the necessity of trust and alignment in financial advising.Read along with the original article(s) here: http://www.budgetsaresexy.com/one-question-to-ask-financial-advisor/Quotes to ponder:"I felt the weight of hers and other client’s hopes and dreams falling on my investing shoulders, and it felt like the weight of the world.""I may be exaggerating a little, but I would want a financial advisor who lost sleep at night over my money rather than the alternative.""Your relationship with your financial advisor is similar to that of your spouse, and if you can’t trust them and feel comfortable knowing you are on the same team together, then why get married to begin with?"Episode references:The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808 Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 24, 2024 • 11min
2772: You Probably Have No Idea What You Want by Kevin of Financial Panther on Home Buying 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 2772:Kevin of FinancialPanther.com shares a personal story of how his desires evolved over time, emphasizing the unpredictability of knowing what we truly want. He illustrates that life changes and our wants shift accordingly, urging flexibility and realism in our goals and aspirations.Read along with the original article(s) here: https://financialpanther.com/you-probably-have-no-idea-what-you-want/Quotes to ponder:"Life is too long to think that the way you’re living right now is the way you’ll want to live forever.""Whatever you think you want now, it’s probably going to change as you go through different life phases.""You’ve got to stay flexible. Your life will change. And with it, the things you want will change too." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 23, 2024 • 10min
2771: The Price of Greed by Nick Maggiulli of Of Dollars and Data on Personal Finance Habits
Nick Maggiulli, a financial expert and author, dissects the dangers of greed in personal finance. He draws captivating parallels with historical figures like Eli Whitney, whose ambition backfired, and Jesse Livermore, whose high-stakes trading led to ruin. The discussion emphasizes how greed can blind us, prompting poor investment decisions driven by status and fear of missing out. Maggiulli urges listeners to embrace contentment and wisdom, stressing that true wealth isn't merely financial, but about finding balance and purpose.
Jun 23, 2024 • 8min
2770: Why We Are All Secretly Superheroes by Jeff Goins of Goins Writer on Personal Growth & Transformation
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 2770:Jeff Goins reminds us of the childhood belief in our hidden superpowers and the adventure of life. He shares how embracing his true identity as a writer transformed his life and encourages us to rediscover our own purpose, stepping out from behind the mask of normalcy to fulfill our potential.Read along with the original article(s) here: https://goinswriter.com/superhero/Quotes to ponder:"I’m Superman,” my son said to the man painting our house. “Oh,” the man replied and smiled. “I’m sorry, I did not recognize you.”""Superman does not hide behind a mask. He hides behind normalcy.""When you believed you possessed a purpose that was bigger than your fears? When anything was possible and an adventure awaited you?"Episode references:Let Your Life Speak: Listening for the Voice of Vocation: https://www.amazon.com/Let-Your-Life-Speak-Listening/dp/0787947350 Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 22, 2024 • 10min
2769: 8 Tips to Save Money on Groceries by Amanda Brownlow of Hello Brownlow on Reducing Food Expenses
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 2769:Amanda Brownlow of HelloBrownlow.com shares 8 practical tips to help you cut your grocery bills in half, especially if you're on a vegan diet. From checking your pantry and sales flyers to meal planning and setting a definite budget, Amanda's advice will help you save money and reduce food waste.Read along with the original article(s) here: https://hellobrownlow.com/2016/04/03/8-tips-to-save-money-on-groceries/Quotes to ponder:"Meal planning is my mom’s secret. And her mom’s secret. This is how they both stayed sane and saved time and money when raising kids.""Check your pantry. This should always be step one before you go shopping. You have no idea what could be lurking back there.""We sit down at the beginning of the month and budget for every possible category. For groceries we budget $200-$250 a month and we stick to it."Episode references:Bountiful Baskets: https://www.bountifulbaskets.org/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 21, 2024 • 9min
2768: Frugal by Choice by Tonya with Frugalwoods on Living Frugally & 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 2768:Tonya's journey from a mindless spender to a mindful saver is a transformative tale about the true meaning of frugality. Through personal anecdotes and reflections, she illustrates how being frugal isn't about deprivation but about making conscious choices that lead to financial stability and personal satisfaction. Tune in to learn how adopting a frugal mindset can bring a sense of empowerment and freedom in your financial life.Read along with the original article(s) here: https://www.frugalwoods.com/2015/12/18/frugal-by-choice/Quotes to ponder:"One look at my old diary entries tells me that: 'I really have to get better about saving money.'""I went through SO much of my life completely mindless about money.""When it comes to frugal living, I am by no means as hardcore as the Frugalwoods, but frugality is not a competition." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 20, 2024 • 10min
2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse
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 2767:Discover a little-known strategy for maximizing your Health Savings Account (HSA) with insights from Rynda Chappell-Wilk. Learn how to accumulate a substantial tax-free balance over the years and use it strategically during retirement to avoid higher taxes and preserve your other investments.Read along with the original article(s) here: https://www.financialfinesse.com/2017/10/17/the-health-savings-account-strategy-that-not-enough-people-are-talking-about/Quotes to ponder:"Qualified HSA withdrawals do not have to be taken in the year in which the expense was incurred.""If you max out your HSA over a period of many years, you can build up quite a nice balance of tax-free money.""Assuming you can afford to pay your medical expenses out of pocket before you retire, accumulating funds in an HSA account can be a great option to consider!"Episode references:Affordable Care Act (ACA): https://www.healthcare.gov/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 19, 2024 • 13min
2766: Financial Mission Statement: Why and How to Create One by Vicki Cook and Amy Blacklock of Women Who Money
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 2766:Vicki Cook and Amy Blacklock explain how a financial mission statement can help you stay focused on your financial goals despite life's distractions. By outlining your financial aspirations and the steps to achieve them, a mission statement keeps you motivated and aligned with your values.Read along with the original article(s) here: https://womenwhomoney.com/financial-mission-statement-why-how-to-create/Quotes to ponder:"A personal mission statement for your money goals will serve as a constant reminder of what you want to accomplish and why it's important to you.""Your FMS should be easy to read, memorable, and motivating.""Remember, your statement should be motivational. You'll want everyone in your household to remain focused on the financial tasks at hand." Learn more about your ad choices. Visit megaphone.fm/adchoices
