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
Dec 14, 2023 • 11min
2551: How to Master the Art of Delayed Gratification by Ben Feldman with Good Financial Cents on Financial Success
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 2551:Ben Feldman of GoodFinancialCents.com delves into the transformative power of delayed gratification, a crucial component for achieving financial success. He unravels how childhood experiences shape our attitudes towards money, emphasizing the need to shift from immediate rewards to long-term financial goals. The article offers practical strategies for aligning values with financial objectives, using imagination and tangible reminders to make future rewards feel more real and attainable.Read along with the original article(s) here: https://www.goodfinancialcents.com/how-to-master-the-art-of-delayed-gratification/Quotes to ponder:"The ability to delay gratification is the true key to financial success.""To shift your mindset, one of the most powerful tools in your arsenal will be your imagination.""Creating tangible reminders of your objectives reinforces commitment." Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 13, 2023 • 10min
2550: How to Live Rent and Mortgage Free by Christina Browning of Our Rich Journey on Financial Independence
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 2550:Christina Browning of OurRichJourney.com offers a refreshing perspective on minimizing housing costs, a major hurdle in achieving financial independence. She shares ingenious strategies for living rent and mortgage free, from being a resident advisor to strategic downsizing and utilizing employer-paid housing. These insights are crucial for anyone aiming to fast-track their path to financial freedom.Read along with the original article(s) here: https://www.ourrichjourney.com/post/how-to-live-rent-and-mortgage-freeQuotes to ponder:"Think differently! Consider what would happen if you told yourself that you should spend no more than ten percent of your income on housing?" Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 12, 2023 • 10min
2549: 7 Money-Saving Tips You Should Already Be Following by Melissa Lobo with MoneyMiniBlog on Financial Goals
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 2549:Melissa Lobo, with MoneyMiniBlog.com, offers practical and easy-to-implement money-saving tips suitable for those with tight budgets. From strategically saving paychecks to trimming down expenses in areas like cellphone bills, food, and prescriptions, Lobo's advice emphasizes smart financial habits that can lead to significant savings without feeling deprived.Read along with the original article(s) here: http://moneyminiblog.com/save-money/common-money-saving-tips/Quotes to ponder:"By the end of the year, you will have saved at least two paychecks’ worth of funds!"Episode references:GoodRx: https://www.goodrx.com/LowestMed: https://www.rxspark.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 11, 2023 • 10min
2548: The 4% Retirement Rule: Why You Can Plan but Not Predict by Chris Reining on Economic Downturns
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 2548:Chris Reining's insightful piece on the 4% Retirement Rule illuminates the uncertainties of financial planning, drawing parallels with the unforeseen challenges faced by the Apollo 13 astronauts. He emphasizes that while the 4% rule, initially proposed by Bill Bengen and further explored by Michael Kitces, is designed to withstand economic downturns, it's the adaptability to unexpected situations that truly secures financial stability in retirement.Read along with the original article(s) here: https://chrisreining.com/plan-predict/Quotes to ponder:"You can plan, but not predict.""The reason the 4% rule works during recessions is because the 4% rule is based on the worst possible historical scenarios." Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 10, 2023 • 10min
2547: Reinventing The Wheel by Fritz Gilbert of The Retirement Manifesto on Continual Improvement
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 2547:Fritz Gilbert of TheRetirementManifesto.com explores the vital practice of "reinventing the wheel," especially in retirement. He argues that continual improvement and adaptation aren't just beneficial; they're necessary. From modifying your approach to travel and spending to embracing time over money, Gilbert highlights how reinventing aspects of life can lead to a more fulfilling retirement experience.Read along with the original article(s) here: https://www.theretirementmanifesto.com/reinventing-the-wheel/Quotes to ponder:"Retirement is a perfect time to reinvent your wheel. Don’t settle for things as they are, but rather seek to continually improve your life experience." Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 10, 2023 • 11min
2546: 4 Gift-Giving Tips to Give the Perfect Present this Holiday by Ramit Sethi of I Will Teach You To Be Rich
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 2546:Ramit Sethi's insights on gift-giving transform a daunting task into an art form, emphasizing the joy and skill involved in selecting the perfect present. His approach challenges conventional ideas and offers practical, thoughtful strategies to enhance your gift-giving experience this holiday season.Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/how-to-give-good-gifts/Quotes to ponder:"Watching their faces as they open up the perfect present — one I am totally confident they’ll love — that’s part of a Rich Life for me.""If someone wants a gift certificate, get them a gift certificate. You can make it more of a special gift by the presentation and note you send.""Generosity is a huge part of my Rich Life, so I’ve tried to 'dial in' and get deeper."Episode references:NYC Hot Sauce convention - NYC Hot Sauce Convention Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 9, 2023 • 11min
2545: To Be Young! The Best Time to Invest by Jesse Cramer of Best Interest on Investing Early
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 2545:Jesse Cramer's article, "To Be Young! The Best Time to Invest," offers a compelling perspective on the importance of investing early in life. Using the example of Wallace, Cramer illustrates how investing in one's youth, especially during the early 20s, can significantly impact retirement savings due to the power of compound interest. The article emphasizes the importance of starting to invest as soon as possible, demonstrating how early investments grow exponentially over time.Read along with the original article(s) here: https://bestinterest.blog/to-be-young/Quotes to ponder:"Your youth isn’t just a good time to invest. It’s the best time to invest." Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 8, 2023 • 9min
2544: I Shouldn't Want to Be Liked So Much by James Altucher on Financial Choice & Cost of Attending College Education
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 2544:James Altucher's candid reflection on a dinner event reveals the uncomfortable truth about societal norms and personal convictions. Facing strong opposition for his views on the necessity of college education, Altucher confronts the harsh reality of seeking approval in a setting resistant to unconventional ideas. His experience highlights the struggle between individual beliefs and the desire for social acceptance.Read along with the original article(s) here: https://jamesaltucher.com/blog/i-shouldnt-want-to-be-liked-so-much/Quotes to ponder:"Why go to prison when you can be free?" Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 7, 2023 • 12min
2543: Reader Story: The Man Who Thought Early Retirement Sucked by Brandon Turner with Mr. Money Mustache on Financial 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 2543:Mr. Money Mustache's article, "The Man Who Thought Early Retirement Sucked," explores the disillusionment of early retirement. It narrates the story of a young retiree who realizes that financial freedom alone isn't fulfilling. The key message is about redefining retirement as a phase for pursuing passions and creating value, rather than just an escape from work. This thought-provoking piece encourages readers to consider what they truly want in life, emphasizing the importance of work and productivity for well-being.Read along with the original article(s) here: http://www.mrmoneymustache.com/2013/03/23/reader-story-the-man-who-thought-early-retirement-sucked/Quotes to ponder:"Financial freedom sucks if that’s all it’s about." Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 6, 2023 • 10min
2542: Financial Infidelity - What is it and How to Save Your Marriage and Money by Renee Benes of The Fun Sized Life
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 2542:Renee Benes of TheFunSizedLife.com delves into the overlooked issue of financial infidelity in marriages, explaining how hidden debts and secret accounts can erode trust and destabilize relationships. She provides practical advice for confronting these challenges, emphasizing honesty, communication, and shared financial goals as key to repairing both finances and marriage.Read along with the original article(s) here: https://www.thefunsizedlife.com/financial-infidelity-save-your-marriage/Quotes to ponder:"People who struggle to get their spending under control often feel immense guilt, just like a person would with real infidelity."Episode references:Smart Couples Finish Rich by David Bach: Link to the book Learn more about your ad choices. Visit megaphone.fm/adchoices
