Optimal Finance Daily - Financial Independence and Money Advice

Darrow Kirkpatrick of Can I Retire Yet talks about protecting your assets in a digital world. This is part 2 of 2.Episode 2327: [Part 2] Protecting Your Assets in a Digital World by Darrow KirkpatrickDarrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience.When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did.More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design.The original post is located here: https://www.caniretireyet.com/protecting-your-assets-in-a-digital-world/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Darrow Kirkpatrick of Can I Retire Yet talks about protecting your assets in a digital world. This is part 1 of 2.Episode 2326: [Part 1] Protecting Your Assets in a Digital World by Darrow KirkpatrickDarrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience.When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did.More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design.The original post is located here: https://www.caniretireyet.com/protecting-your-assets-in-a-digital-world/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Kumiko, an Accredited Financial Counselor and founder of The Budget Mom, shares her journey from overwhelming credit card debt to financial empowerment. She offers three powerful tips for tackling debt in collections. Listeners learn essential strategies like researching before contacting collectors, understanding negotiation tactics, and the impact of debt settlement on credit scores. Kumiko emphasizes the importance of verifying debts and staying on top of current bills, all aimed at fostering a more secure financial future.

Dr. James M. Dahle of The White Coat Investor tells you what you need to know about laddering CDsEpisode 2324: MONDAY MASTERY - What You Need to Know About Laddering CDs by Dr. James M. DahleThe White Coat Investor is the most widely-read, physician-specific personal finance and investing website in the world. It is the premier resource for high-income professionals looking for unbiased information about all things financial or simply a referral to a trusted professional providing good advice at a fair price. What started as a simple blog has grown into a multi-media company that will provide you the financial information you need in whatever format you prefer.The original post can be found here: https://www.whitecoatinvestor.com/laddering-cds/Visit Me Online at OLDPodcast.comInterested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Melani Schweder with No Sidebar shares 5 ways to simplify your diet.Episode 2323: 5 Ways to Simplify Your Diet by Melani Schweder with No Sidebar on Simple Health & NutritionNo Sidebar was created by Brian Gardner and is all about designing a simpler life. He and the contributing authors want to help you figure out what's getting in your way, at home and at work. They want to help you let go of distractions, online and off--to turn down the noise that disrupts the quiet of your heart and soul.The original post is located here: https://nosidebar.com/simplify-your-diet/Visit Me Online at OLDPodcast.comInterested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Kali, host of Making Sense of Cents, explores what to do when frugality falls short, while Michelle Schroeder-Gardner, a financial blogger and RV traveler, shares her journey from student debt to financial freedom. They discuss the limits of cutting costs and emphasize the need for income diversification. Strategies such as side gigs, asset utilization like renting space, and leveraging financial apps for budgeting are highlighted as key methods to enhance financial growth. Tune in for actionable insights on achieving true financial independence!

Suzanne Falter, a dedicated speaker and podcaster, empowers busy women through self-care and happiness. In this conversation, she discusses the liberation of letting go of the need for fame and material success. She reflects on her parental choices, emphasizing the value of nurturing relationships over financial achievements. Suzanne candidly shares her struggles with compulsive spending and the journey to self-acceptance. By viewing money as a neutral tool, she inspires listeners to align their spending with personal values and strive for financial mindfulness.

Cynthia Meyer with Financial Finesse talks about whether or not self-directed IRAs are a good ideaEpisode 2320: Are Self-Directed IRAs a Good Idea? by Cynthia MeyerAfter years in the financial services industry, Liz Davidson became disgusted with how many people were being sold financial products and services that were not in their best interest. She decided there had to be a better way to provide people from all walks of life with truly unbiased financial guidance--designed to line their pockets, not their financial advisor’s.This is the story of Financial Finesse and how they give employees and employers unbiased financial wellness as an employee benefit. They help your employees maximize their compensation and benefits by making better financial decisions. You become a partner in their financial security and reap the benefits of a financially healthy workforce.They’ve helped hundreds of thousands of employees change their lives.The original post is located here: https://www.financialfinesse.com/2016/04/18/are-self-directed-iras-a-good-idea/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Jesse Cramer, a former mechanical engineer turned personal finance advocate, shares his transformative journey from building satellite telescopes to enhancing financial literacy. He emphasizes the golden rule of personal finance: spending less than you earn, illustrated with the Leaning Tower of Pisa as a metaphor. The discussion highlights the importance of living within your means, the dangers of advertising on spending habits, and strategies for budgeting and investing wisely to establish a strong financial foundation.

Dave, who achieved financial independence and semi-retired in his mid-40s through diligent investing and smart living, shares powerful insights on leveraging financial freedom for personal reinvention. He discusses how financial independence acts as a 'hall pass' for exploring new opportunities and tackling life’s transitions fearlessly. The conversation also highlights the importance of embracing change after setbacks, as illustrated by a transformative story of a former Sports Illustrated writer who redefined his career and life purpose.