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
Jan 26, 2024 • 10min
2600: [Part 2] How We Saved Multi-Millions by Go Curry Cracker on Saving Strategy & Compound Interest
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 2600:Go Curry Cracker, aka Jeremy Jacobson, demystifies the journey to saving multi-millions. He describes a lifestyle focused on intentional living and smart financial choices, like saving a high percentage of income and harnessing the power of compound interest. Jacobson counters common criticisms with his own experiences, proving that financial independence is achievable through prudent decisions and investments, not luck or inheritance.Read along with the original article(s) here: https://www.gocurrycracker.com/how-we-saved-multi-millions/Quotes to ponder:"Every story and person is unique and just because it’s possible for one person to overcome certain hardships in life, doesn’t mean it’s appropriate to say 'if I can do it, so can you'."References:Tedx Talk by Jeremy Jacobson: https://www.youtube.com/watch?v=SwoeplkovC4&ab_channel=TEDxTalks Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 25, 2024 • 10min
2599: [Part 1] How We Saved Multi-Millions by Go Curry Cracker on Financial independence & Overcoming Adversity
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 2599:Go Curry Cracker, blogging from Osaka, recounts his and his wife's journey from challenging beginnings to financial success. Despite a childhood near poverty and burdensome student loans, they managed to save multi-millions, highlighting that overcoming adversity is possible and financial success isn't solely determined by one's starting point.Read along with the original article(s) here: https://www.gocurrycracker.com/how-we-saved-multi-millions/Quotes to ponder:"Every story and person is unique and just because it’s possible for one person to overcome certain hardships in life, doesn’t mean it’s appropriate to say 'if I can do it, so can you'." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 24, 2024 • 12min
2598: Should You Borrow Money From Friends or Family? by Amanda Kruse of Women Who Money on Asking Loved Ones For 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 2598:Amanda Kruse of WomenWhoMoney.com delves into the complexities of borrowing money from friends or family. She explores the emotional and practical implications, weighing the pros and cons, and provides guidelines for doing so responsibly. The article underscores the importance of considering all options, understanding the impact on relationships, and ensuring clear communication and agreements to maintain healthy relationships while addressing financial needs.Read along with the original article(s) here: https://womenwhomoney.com/should-you-borrow-money-from-friends-or-family/Quotes to ponder:"When money is involved in a relationship, feelings of resentment, trust issues, and differences in opinion can result." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 23, 2024 • 11min
2597: An Early Warning System for Your Investment Portfolio by Darrow Kirkpatrick of Can I Retire Yet on Diversification
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 2597:Darrow Kirkpatrick outlines a comprehensive strategy for monitoring and managing investment portfolios, emphasizing diversification and risk management. He provides practical advice on balancing stocks, bonds, real estate, and commodities, along with considering inflation protection and international exposure to ensure a well-rounded financial plan.Read along with the original article(s) here: https://www.caniretireyet.com/an-early-warning-system-for-your-investment-portfolio/Quotes to ponder:"Inflation is the termite of the financial world, silently eating away at your nest egg." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 22, 2024 • 12min
2596: Money Management Tips by Sandra Kenrick with I Will Teach You To Be Rich 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 2596:Sandra Kenrick offers insightful money management strategies, focusing on the importance of mindset, automating finances, conscious spending, retirement planning, and investing. Her approach emphasizes the power of intentional financial habits and leveraging tools for long-term wealth building.Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/money-management-tips/Quotes to ponder:"Your financial goals, along with a streamlined method for managing your personal finances, will determine your financial situation in the long run." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 21, 2024 • 10min
2595: How to Live Well on One Income + 6 Tips to Make it Work by Amanda Brownlow of Hello Brownlow on Family Finances and 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 2595:Amanda Brownlow shares her journey and practical tips for thriving on a single income. She emphasizes the importance of budgeting, minimizing possessions, setting goals, and maintaining a positive mindset. These strategies are crucial for families looking to simplify their financial life and focus on what truly matters.Read along with the original article(s) here: https://hellobrownlow.com/2019/08/21/how-to-live-well-on-one-income-6-tips-to-make-it-work/Quotes to ponder:"I AM a good mother and a good wife. It might get hard and you might lose sight of why you went to one income. But remember why you’re doing this." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 21, 2024 • 9min
2594: 6 Home Decluttering and Organizing Tips for Busy Parents by Rose Lounsbury on Practical Steps For a Clean Home
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 2594:Rose Lounsbury, a simplicity coach and mother, shares transformative decluttering and organizing tips for busy parents. Her insightful advice includes starting with personal items, establishing simple routines, and embracing minimalism over mere organization. These practical tips are aimed at creating a clutter-free, serene home environment.Read along with the original article(s) here: https://roselounsbury.com/6-home-decluttering-and-organizing-tips-for-busy-parents/Quotes to ponder:"There’s a huge difference between simplicity and organization.”Episode references:Rose Lounsbury's TEDx Talk on Decluttering Towels: https://youtu.be/VlA7qgySO0I?si=THubbhPPzOeY63rs Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 20, 2024 • 10min
2593: 4 Reasons You Should Rollover Your 401(k) Into an IRA by Jeff Rose of Good Financial Cents on Retirement Account Options
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 2593:Jeff Rose of GoodFinancialCents.com explores the advantages of rolling over a 401(k) into an IRA, highlighting benefits like a wider range of investment choices, streamlined financial management, better control over retirement income, and more flexibility in handling required minimum distributions.Read along with the original article(s) here: https://www.goodfinancialcents.com/should-your-rollover-your-401k-into-an-ira/Quotes to ponder:"Once you roll over to an IRA, you have some discretion, as far as how much taxes you want to be withheld from your distributions.""Having more investment choices to me is the biggest reason why you should do this." Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 19, 2024 • 10min
2592: What It Takes To Save Money During Tough Times by Lisa Harrison of Mad Money Monster on Keeping Your Finances Safe
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 2592:Lisa Harrison of MadMoneyMonster.com offers practical strategies for saving money during challenging times. She emphasizes the importance of understanding your true financial situation, seeking professional advice, establishing a budget, starting to save small amounts, maintaining transparency, setting up distinct funds, and persistently working towards your saving goals.Read along with the original article(s) here: https://madmoneymonster.com/2022/12/22/what-it-takes-to-save-money-during-tough-times/Quotes to ponder:"Saving money is as much about discipline as it is about the money you save."Episode references:NerdWallet: The Best Budget Apps for 2024 Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 18, 2024 • 10min
2591: 7 Mentally Strong Financial Traits by Andrew of Dollar After Dollar on Psychology of Spending 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 2591:Andrew of DollarAfterDollar.com outlines seven key traits of mentally strong individuals in the context of financial success. He emphasizes the importance of understanding the long-term impact of financial decisions, removing emotion from financial choices, persistently sticking to a financial plan, overcoming fear and failure, adapting to setbacks, being willing to work hard, and continuously learning. Andrew highlights how these traits contribute to building wealth and achieving financial goals. He cites examples such as investing consistently, learning from mistakes, and gaining financial knowledge to become self-reliant in managing finances.Read along with the original article(s) here: https://www.dollarafterdollar.com/7-mentally-strong-financial-traits/Quotes to ponder:"Money is a mental game.""If you invest $20 a week with the market average of 8% interest, you would have $51,310.30 in 20 years.""The greatest money mind of all time, Warren Buffet, is known to read 80% of his work day." Learn more about your ad choices. Visit megaphone.fm/adchoices
