Optimal Finance Daily - Financial Independence and Money Advice

Featuring 2 posts today: why minimalism doesn't ruin the economy and red flags for your finances. Episode 26: Stimulate the Economy Like a Minimalist & 11 Signs You Might Be Broke by Joshua Fields Millburn & Ryan Nicodemus. Joshua Fields Millburn & Ryan Nicodemus write about living a meaningful life with less stuff for 4 million readers. As featured on: ABC, CBS, NBC, BBC, TODAY, NPR, TIME, Forbes, The Atlantic, New York Times, Wall Street Journal, USA Today, and National Post. They live in Missoula, Montana. The original posts are located here: http://www.theminimalists.com/economy http://www.theminimalists.com/broke Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and Join the Ol' Family to get your Free Gifts! Learn more about your ad choices. Visit megaphone.fm/adchoices

J. Money of BudgetsAreSexy.com poses an interesting question that will make you rethink your finances. Episode 25: Would You Rather... Cash vs. Debt Edition by J. Money of Budgets Are Sexy. J. Money is a 6’1, hyperactive, rock a ‘hawk who loves drinking beer, blaring hip-hop, talking about money, and now playing with his two adorable baby boys. He also has a podcast: M.O.N.E.Y. He tracked his expenses for 3 months, made a budget, read some books, and stumbled into personal finance blogging and idea sharing, randomly turning BudgetsAreSexy.com into his full time “real job” a few short years later--14 million views later! The original post is located here: http://www.budgetsaresexy.com/2016/02/would-you-rather-cash-vs-debt Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and Join the Ol' Family to get your Free Gifts! Learn more about your ad choices. Visit megaphone.fm/adchoices

Great ideas by Leo Babauta of Zen Habits on how to create a budget very easily. Episode 24: Simple Budgeting for Lazy People by Leo Babauta of ZenHabits.net. Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The original post is located here: http://zenhabits.net/cash Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Is it worth it to sell your car for one with better gas mileage? Mr. Money Mustache has a strong opinion! Episode 23: It's Never Too Late to Ditch Your Gas Guzzler by Mr. Money Mustache. Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2012/09/04/its-never-too-late-to-ditch-your-gas-guzzler Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

It's always interesting to hear when people take pride in not knowing a subject. Hear Jacob's take on it. Episode 22: Taking Back Personal Financial Responsibility by Jacob Lund Fisker of Early Retirement Extreme. Jacob Lund Fisker was a nuclear astrophysicist who retired at 33 with what he believes to be enough savings to last the rest of his life — even if he never works again. His "claim to fame" is the Early Retirement Extreme site, which is effectively a philosophy of life. ERE is a set of values and principles that gives readers the freedom and opportunity to live an exciting and interesting life. The original post is located here: http://earlyretirementextreme.com/taking-back-personal-financial-responsibility.html Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

There are better ways to earn more money. Getting a raise is one of them, and it's not as hard as it seems. Episode 21: Case Study: How 1 of My Students Negotiated $20k & Quintupled His Shares Using a Dream Job Technique by Ramit Sethi. Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article and pictured next to Warren Buffett Forbes Magazine, and have been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC and more. He also has tons of documented success stories—more than 20,000. The original post is located here: http://www.iwillteachyoutoberich.com/blog/case-study-how-one-of-my-students-negotiated-20000-and-quintupled-his-shares-using-a-dream-job-technique Check out Ramit's Dream Job course: How to Get Your Dream Job Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Sometimes you have to give a little to get a lot. Listen to Steve Pavlina's perspective on getting customers and clients. Episode 20: Working For Free by Steve Pavlina. Steve Pavlina is widely recognized as one of the most successful personal development bloggers on the Internet, with his work attracting more than 100 million visits to his website, StevePavlina.com. He has written more than 1300 articles and recorded many audio programs on a broad range of self-help topics, including productivity, relationships, and spirituality. Steve has been quoted as an expert by the New York Times, USA Today, U.S. News & World Report, the Los Angeles Daily News, Self Magazine, The Guardian, and countless other publications. He's also a frequent guest on popular podcasts and radio shows. The original post is located here: http://www.stevepavlina.com/blog/2007/12/working-for-free Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Take back control of your life with a simple, three-category list. Joshua Fields Millburn & Ryan Nicodemus share a system to embrace minimalism in a simple, yet difficult, way. Episode 19: Need, Want, Like by Joshua Fields Millburn & Ryan Nicodemus of The Minimalists. Joshua Fields Millburn & Ryan Nicodemus write about living a meaningful life with less stuff for 4 million readers. As featured on: ABC, CBS, NBC, BBC, TODAY, NPR, TIME, Forbes, The Atlantic, New York Times, Wall Street Journal, USA Today, and National Post. They live in Missoula, Montana. The original post is located here: http://www.theminimalists.com/want Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

No matter where you are in your financial journey, you need to accept where you are. Take a listen to Cait's perspective! Episode 18: Why You Must Make Peace with Your Financial Situation by Cait Flanders of Blonde on a Budget. Cait Flanders started Blonde on a Budget to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her stuff, and is currently doing a two-year shopping ban. She shares stories and lessons learned every week. The original post is located here: http://blondeonabudget.ca/2014/10/27/why-you-must-make-peace-with-your-financial-situation Book referenced in the post: https://gumroad.com/l/yPIrC Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Here are some ideas for living without credit cards or debt. Episode 17: 10 Ideas for Living Without Credit or Debt by Leo Babauta of Zen Habits. Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The original post is located here: http://zenhabits.net/10-ideas-for-living-a-life-without-credit-or-debt Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mr. Money Mustache makes money while on vacation. Episode 16: Making Money While Taking Vacations by Mr. Money Mustache. Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2011/08/05/making-money-while-taking-vacations Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What do you think about paying $10,000 for one night in a hotel room? This post might make you think differently... Episode 15: The Abundance Mindset by Steve Pavlina. Steve Pavlina is widely recognized as one of the most successful personal development bloggers on the Internet, with his work attracting more than 100 million visits to his website, StevePavlina.com. He has written more than 1300 articles and recorded many audio programs on a broad range of self-help topics, including productivity, relationships, and spirituality. Steve has been quoted as an expert by the New York Times, USA Today, U.S. News & World Report, the Los Angeles Daily News, Self Magazine, The Guardian, and countless other publications. He's also a frequent guest on popular podcasts and radio shows. The original post is located here: http://www.stevepavlina.com/blog/2007/07/the-abundance-mindset Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Joshua Fields Millburn of The Minimalists went from a six figure salary to significantly less and couldn't be happier. Hear his story about the change and what it feels like to no longer worry about money. Episode 14: What It Feels Like to No Longer Worry About Money by Joshua Fields Millburn of The Minimalists. Joshua Fields Millburn & Ryan Nicodemus write about living a meaningful life with less stuff for 4 million readers. As featured on: ABC, CBS, NBC, BBC, TODAY, NPR, TIME, Forbes, The Atlantic, New York Times, Wall Street Journal, USA Today, and National Post. They live in Missoula, Montana. The original post is located here: http://www.theminimalists.com/worry Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Cait Flanders managed to pay off $30,000 in debt, but also made some mistakes along the way. Hear her story! Episode 13: How I Paid Off $30,000 of Debt in Two Years by Cait Flanders of Blonde on a Budget. Cait Flanders started Blonde on a Budget to document her debt repayment journey. After paying it off, she adopted a minimalist lifestyle, tossed 75% of her stuff, and is currently doing a two-year shopping ban. She shares stories and lessons learned every week. The original post is located here: http://blondeonabudget.ca/2013/05/27/how-i-paid-off-30000-of-debt-in-two-years Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Here are some money lessons for college students, parents of college students, or anyone, really, to prevent yourself from going into debt. Episode 12: 6 Money Lessons for My College-Aged Daughter by Leo Babauta of Zen Habits. Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The original post is located here: http://zenhabits.net/doh Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How MMM retired at age 30 and how you can, too! In this episode, learn about Mr. Money Mustache's upbringing and what led him down the path to early retirement. Episode 11: Mr. Money Mustache's Own Story by Mr. Money Mustache. Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2011/04/08/mr-money-mustaches-own-story Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Checking your credit score can save you hundreds of thousands of dollars long-term. Learn why and how to check it and fix it. Episode 10: Check Your Credit Score: The Most-Ignored Big Win by Ramit Sethi of I Will Teach You To Be Rich. Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article and pictured next to Warren Buffett Forbes Magazine, and have been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC and more. He also has tons of documented success stories—more than 20,000. The original post is located here: http://www.iwillteachyoutoberich.com/blog/check-your-credit-score-the-most-ignored-big-win Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's reading, you'll hear some great ideas to make massive savings every year. Episode 9: 8 Ways to Make Huge Savings in Your Budget by Leo Babauta of Zen Habits. Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The original post is located here: http://zenhabits.net/8-ways-to-make-huge-savings-in-your-budget Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

See retirement in a new light from the guy who retired at age 30. In this episode, hear a couple of scenarios and see how you can pull it off. Episode 8: First Retire, Then Get Rich by Mr. Money Mustache. Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2012/05/14/first-retire-then-get-rich Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

A great post showing 4 common money mistakes and what you should do instead. Episode 7: 4 Dumb Money Mistakes by Ramit Sethi of I Will Teach You To Be Rich. Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article and pictured next to Warren Buffett Forbes Magazine, and have been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC and more. He also has tons of documented success stories—more than 20,000. The original post is located here: http://www.iwillteachyoutoberich.com/blog/4-dumb-money-mistakes Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

A step-by-step program to eliminate debt that is remarkably similar to a diet plan. Episode 6: Fiscal Fitness: Eliminate Debt with 10 Successful Diet Principles by Leo Babauta of Zen Habits. Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The original post is located here: http://zenhabits.net/fiscal-fitness-eliminate-debt-with-10-successful-diet-principles Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Should you rent or buy? This post helps you answer the question. Episode 5: Rent vs. Buy: If You Have to Ask, You Should Probably Rent by Mr. Money Mustache. Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2015/07/27/rent-vs-buy Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How you can afford your dream vacation in the next 3 months. Episode 4: The Surprising Math of a Dream Vacation with Examples by Ramit Sethi of I Will Teach You To Be Rich. Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article and pictured next to Warren Buffett Forbes Magazine, and have been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC and more. He also has tons of documented success stories—more than 20,000. The original post is located here: http://www.iwillteachyoutoberich.com/blog/the-surprising-math-of-a-dream-vacation-with-examples Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you already have enough? Episode 3: Key Question: How Much is Enough by Leo Babauta of Zen Habits. Leo Babauta created Zen Habits, which is about finding simplicity and mindfulness in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The original post is located here: http://zenhabits.net/key-question-how-much-is-enough Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Where are you in the financial tide? Episode 2: Which Part of the Money Wave Do You Surf by Mr. Money Mustache. Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2013/05/25/which-part-of-the-money-wave-do-you-surf Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, a delightful foray into the world of why we’re financially illiterate — and whose fault it is. Episode 1: The 5 Groups to Blame for our Financial Illiteracy by Ramit Sethi of I Will Teach You To Be Rich. Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article and pictured next to Warren Buffett Forbes Magazine, and have been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC and more. He also has tons of documented success stories—more than 20,000. The original post is located here: http://www.iwillteachyoutoberich.com/blog/who-to-blame-for-financial-literacy-or-illiteracy Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Where did this podcast and idea come from? Justin Malik launched Optimal Living Daily in December 2015 and this is a spin-off of that podcast, this time focusing on personal finance. He is an entrepreneur and lifelong learner who quit his corporate job in 2013 to pursue something bigger. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices