Optimal Finance Daily - Financial Independence and Money 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 3160: Wanderer explains how incorporating preferred shares into a retirement portfolio can mitigate sequence-of-return risk by boosting income during the vulnerable early years of retirement. By swapping part of their bond allocation for these higher-yielding, bond-like assets, early retirees can increase cash flow while strategically managing volatility and cost. Read along with the original article(s) here: https://www.millennial-revolution.com/invest/yield-shield/the-yield-shield-preferred-shares/ Quotes to ponder: "A Preferred Share is kind of a mix between a stock and a bond." "When you retire, you basically take a portion of your bond allocation and swap it for Preferreds." "Our longer term plan as our portfolio grows (and our dependence on our Yield Shield decreases) is to exit these positions and pivot back towards a normal bond ETF." Episode references: iShares S&P/TSX Canadian Preferred Share Index ETF: https://www.blackrock.com/ca/individual/en/products/239832/ishares-sptsx-canadian-preferred-share-index-etf Risk Parity Radio: https://www.riskparityradio.com/ iShares U.S. Preferred Stock ETF (PFF): https://www.ishares.com/us/products/239826/ishares-preferred-and-income-securities-etf Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3159: Sean Mullaney offers a compelling defense of the FIRE movement by reframing it not as a claim to credit or privilege, but as a tool for improving financial outcomes through intentional decision-making. Acknowledging the role of luck, he argues that FIRE equips individuals with a framework to optimize their financial lives regardless of their starting point, making better choices more likely to lead to better luck. Read along with the original article(s) here: https://fitaxguy.com/2020/12/ Quotes to ponder: "Luck and choices are not entirely unrelated. The better financial choices you make, the more likely it is you will have good financial outcomes and enjoy better luck along the way." "Financial literacy without a framework and goals is sort of like teaching algebra in high school. There’s nothing wrong with it, but how much did algebra affect your adult life?" "The point of the Financial Independence movement is not to 'deserve' financial success. Rather, the point is to make choices that increase the odds of financial success and having more financial options." Episode references: FI Healthcare: https://fihealthcare.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3158: James Altucher draws a powerful parallel between winning at chess and successful investing: both hinge on consistently building tiny advantages. From choosing debt-free companies with strong cash reserves to aligning with demographic trends, he reveals how small, smart moves compound into big wins, without relying on flashy predictions or risky gambles. Read along with the original article(s) here: https://jamesaltucher.com/blog/what-makes-some-stocks-safer/ Quotes to ponder: "Basically, accumulate tiny advantages throughout the game." "If a company has a lot of cash in the bank and no debt, then it’s not going to file bankruptcy anytime soon." "The goal is to find that very unique combination of stocks that could go up quite a bit that also have a good margin of safety around them." Episode references: S&P Dow Jones SPIVA U.S. Scorecard 2020: https://www.spglobal.com/spdji/en/research-insights/spiva/ 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

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 3157: Erik Carter underscores how embracing a margin of safety, a buffer against unpredictability, can transform your entire approach to financial planning, from investing and retirement to insurance and emergency savings. By preparing for less-than-ideal outcomes, you reduce financial stress and increase confidence in your long-term goals, all while building a more secure path to financial freedom. Read along with the original article(s) here: https://www.financialfinesse.com/2013/09/05/the-3-most-important-words-in-retirement-planning/ Quotes to ponder: "A margin of safety gives you room for error to be wrong." "Entering numbers into a retirement calculator that are overly optimistic will produce a case of the old garbage in, garbage out." "You also don’t want to assume an average life expectancy. After all, there’s at least a 50% chance that you’ll live past average." Episode references: Fidelity Retiree Health Care Cost Estimate: https://www.fidelity.com/viewpoints/personal-finance/plan-for-rising-health-care-costs Stocks for the Long Run by Jeremy Siegel: https://www.amazon.com/Stocks-Long-Run-Definitive-Investment/dp/0071800514 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3156: Lisa Harrison shares how she and her husband sidestepped lifestyle inflation to build wealth and achieve financial freedom, without sacrificing joy or connection. Through mindful home buying, curbing consumer habits, and consistently increasing their savings rate, they created a life of intentionality and long-term fulfillment. Read along with the original article(s) here: https://madmoneymonster.com/2021/03/22/5-ways-we-avoided-lifestyle-inflation-to-reach-financial-freedom/ Quotes to ponder: "We didn’t buy more house than we needed, although I really wanted to, and we bought the crappiest house in a nice neighborhood." "We will go without a want before we pay for anything with a credit card that can’t be immediately paid off at the end of the month." "Investing extra money gives us a bigger rush than spending it." Episode references: 401(k) and 403(b) plan basics - Investopedia: https://www.investopedia.com/terms/1/401kplan.asp The Minimalists: https://www.theminimalists.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3155: Lisa Harrison shares her personal journey from a youthful splurge on a flashy car to a values-driven commitment to living within her means. Through candid storytelling and practical advice, she highlights how avoiding lifestyle inflation, especially with car purchases, became a foundational strategy in her family's path to financial freedom. Read along with the original article(s) here: https://madmoneymonster.com/2021/03/22/5-ways-we-avoided-lifestyle-inflation-to-reach-financial-freedom/ Quotes to ponder: "After payments, insurance, maintenance, and gas, I was left with less than half of my take-home pay for everything else." "What mattered most was how much money you saved." "Despite our 2012 luxury SUV, my husband and I have driven reasonable cars for the entirety of our marriage." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3154: Andy Hill challenges the traditional notion of giving kids an allowance by linking money to effort through “Chore Money.” His approach teaches children real-world financial principles, like earning through value, saving early, and understanding limits, while also sparking entrepreneurial thinking from a young age. Read along with the original article(s) here: https://marriagekidsandmoney.com/why-i-wont-give-my-kids-an-allowance Quotes to ponder: "You exist therefore you get money. That concept doesn’t work in the real world." "If she helps with the chores, she gets paid. If she doesn't help, she doesn't get paid." "When you’re a saver, you have options. You can more easily pursue your passions and live your life on your terms." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3153: Sam from Financial Samurai sheds light on a growing financial vulnerability in America: nearly 30% of households have no investments beyond their primary residence. He explores how financial trauma, wage stagnation, and lack of education have led to under-diversification, urging readers to adopt a more balanced wealth-building strategy for true financial independence. Read along with the original article(s) here: https://www.financialsamurai.com/percentage-wealth-outside-primary-residence/ Quotes to ponder: "Roughly 30% of households have no 401k, no IRA, no after-tax investment account, no private equity investments, no venture debt investments, no nothing beyond the value of their primary residence!" "When you’re catching your breath, you’re not looking to aggressively invest in growth stocks and other assets." "Don’t be like most people with no wealth outside their home. Diversify your investments!" Episode references: Reverse Mortgage Information - Consumer Financial Protection Bureau: https://www.consumerfinance.gov/ask-cfpb/what-is-a-reverse-mortgage-en-224/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3152: Paula Pant shares how long-term, global travel can be surprisingly attainable, not just for the wealthy, but for anyone willing to rethink their financial priorities. By breaking down the cost of international living and comparing it to typical expenses back home, she reveals how travel can actually be more affordable than staying put. Read along with the original article(s) here: https://affordanything.com/how-can-you-afford-to-travel-the-world/ Quotes to ponder: "You don’t need to be rich to travel the world. You just need to spend in alignment with your values." "The cost of travel is often less than the cost of staying in one place." "When you travel long-term, you avoid the biggest costs: round-trip airfare and short-term lodging." Episode references: Lonely Planet Travel Guides: https://www.lonelyplanet.com Numbeo Cost of Living Comparison: https://www.numbeo.com/cost-of-living/ The 4-Hour Workweek: https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3151: Stephen Popick unpacks the often-misunderstood concept of the time value of money, showing why recurring expenses like cable TV aren’t as costly in today’s dollars as they appear over decades. By factoring in inflation, investment returns, and personal opportunity costs, he makes a compelling case for thoughtful financial planning that balances present needs with future goals. Read along with the original article(s) here: https://www.getrichslowly.org/the-time-value-of-money-or-why-25-years-of-cable-tv-doesnt-cost-as-much-as-you-think/ Quotes to ponder: "The time value of money is a complex term for a simple concept: Any given amount of money is worth more today than the same amount in the future." "Your personal time value of money is very tough to measure on a personal level." "Would I rather have $30,000 today or cable television for the next 25 years? There’s no one right answer." Episode references: Good Debt, Bad Debt: https://www.amazon.com/Good-Debt-Bad-Invest-Smarter/dp/1591840260 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-Powerful-Immediately/dp/0767923820 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3150: Julien Saunders shares four hard-earned insights from preparing his second rental property, revealing how time, cash, and strategy shape success in real estate investing. Whether you're considering buying rental properties or just want smarter ways to manage money and stress, his practical lessons offer value beyond property lines. Read along with the original article(s) here: https://richandregular.com/4-lessons-learned-from-our-2nd-rental-property/ Quotes to ponder: "Cash is their preferred form of payment. As a result, when the work really matters to us, we’re sure to lead with that so they are more motivated to do a good job on the project." "I am so grateful to have found the courage to quit my job a few months ago because otherwise, I wouldn’t have had the time to deal with some of the issues that popped up." "Just like your primary home, it’s never a matter of if, but WHEN something needs to be repaired or replaced." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3149: Brian Tracy breaks down the five core reasons most people fail to achieve financial independence, from never realizing wealth is possible for them to lacking long-term perspective. He explains how procrastination, poor financial habits, and indecisiveness prevent many from building real wealth, offering actionable mindset shifts for anyone ready to break the cycle. Read along with the original article(s) here: https://www.briantracy.com/blog/general/5-reasons-why-most-dont-become-wealthy/ Quotes to ponder: "If it never occurs to them, then they never take any of the steps necessary to make it a reality." "The primary reason for underachievement and failure is that the great majority of people don’t decide to be successful." "If you cannot delay gratification, and discipline yourself to refrain from spending everything you make, you cannot become wealthy." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3148: Kumiko Love shares a strategic guide to making the most of an extra paycheck - a financial opportunity that comes just a few times a year for bi-weekly earners. By prioritizing intentionality over impulse, she outlines how to align this bonus income with your money goals, whether it’s crushing debt, boosting savings, or planning guilt-free fun. Read along with the original article(s) here: https://www.thebudgetmom.com/what-to-do-with-that-third-paycheck/ Quotes to ponder: "That third paycheck is not free money. It’s your money - and your plan for it matters." "You don’t have to spend every dime to enjoy your life." "Decide what’s most important to you and make a plan before the money hits your account." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3147: Mr. Money Mustache explains how developing a “ChaCHING!” instinct, feeling rewarded by not spending money, can radically shift your financial trajectory and mindset. By training yourself to see each avoided purchase as a small win, you increase both your wealth and your freedom without relying on deprivation or strict budgets. Read along with the original article(s) here: https://www.mrmoneymustache.com/2013/06/04/get-rich-with-the-chaching-instinct/ Quotes to ponder: "I just avoided a purchase, and I am richer because of it. Cha-CHING!!" "Every time you don’t spend unnecessary money, you have won a little game." "Your safety margin and independence in life just grew a little bit, and the entire rest of your life will now be better because of it." Episode references: The Marshmallow Test: https://en.wikipedia.org/wiki/Stanford_marshmallow_experiment Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3146: Steve Kamb delivers a powerful reminder that action beats inaction every time, even if that action isn’t perfect. By showing how small, messy steps forward can overcome analysis paralysis and build momentum, he makes a compelling case for trading perfectionism for progress. Read along with the original article(s) here: https://www.nerdfitness.com/blog/do-something-do-anything/ Quotes to ponder: "Doing something, anything, is almost always better than doing nothing." "The path you walk will never be perfectly paved, and that’s okay." "You can’t improve a blank page." Episode references: The 5 Second Rule by Mel Robbins: https://www.amazon.com/5-Second-Rule-Transform-Confidence-Everyday/dp/1682612384 The War of Art: https://www.amazon.com/War-Art-Steven-Pressfield/dp/1936891026 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3145: Jen Hayes reflects on how student loan debt, while burdensome, became a catalyst for personal growth, minimalism, and financial transformation. Her story challenges conventional thinking about debt, offering a powerful perspective shift that turns regret into gratitude. Read along with the original article(s) here: https://www.jenhayes.me//why-im-grateful-for-my-student-loan-debt/ Quotes to ponder: "I now realize how empty and unfulfilling a materialistic life is." "I’ve learned my lesson about debt, and I will make better financial choices in the future." "If it weren’t for my student loans, I probably never would’ve started this blog." Episode references: Georgetown University college cost analysis: https://cew.georgetown.edu/cew-reports/the-college-payoff/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3144: Robert Farrington unpacks how personal accountability is the ultimate driver of financial success, highlighting that it's not just about numbers, it's about owning every financial decision and its consequences. By outlining five progressive levels of accountability, he offers a roadmap to build lasting habits that lead to financial clarity, control, and long-term stability. Read along with the original article(s) here: https://thecollegeinvestor.com/6521/single-important-trait-defines-personal-finance-success/ Quotes to ponder: "Accountable people don't have excuses. They have solutions." "Without full knowledge of what you have and what you spend, you cannot make sound financial decisions." "Every action has a consequence, but to be accountable, you need to realize the biggest consequence of all." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3143: ESI breaks down the path to financial independence using a simple scale to evaluate your earning, saving, and investing skills, from disaster to excellent. He argues that success in one area can't compensate for failure in another, and that most people should aim for excellence in earning or saving, since investing is rarely a true strong suit. His insights reveal how balanced, realistic self-assessment can accelerate your journey to FI. Read along with the original article(s) here: https://esimoney.com/working-esi-scale-financial-independence/ Quotes to ponder: "There are almost as many ways to hit FI as there are moves in a chess match." "To reach FI at any reasonable age, you need to be at least neutral on all of them." "I don’t think anyone is excellent at investing. I think 'good' is about all most of us can strive for realistically." Episode references: The Bogleheads’ Guide to Investing: https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/1118921283 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3142: Jaime of KeepThrifty challenges the conventional pursuit of early retirement by unpacking the emotional and physical burnout that can come with chasing FIRE (Financial Independence, Retire Early). Rather than idolizing the hustle or rigid savings goals, Jaime encourages a return to values-driven living, where balance, intention, and fulfillment matter more than arbitrary financial milestones. Read along with the original article(s) here: https://www.keepthrifty.com/dont-get-burned-by-FIRE/ Quotes to ponder: "It was never about the money, it was about living by his values." "The more we worked, the more we made, the sooner we could retire. But as time went on, we found ourselves burning out again." "What if we didn’t focus on early retirement, but on living a fulfilling life now and in the future?" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3141: Craig Stephens reflects on the transformative power of parenthood, showing how it can awaken a deeper sense of purpose and drive to improve upon the life paths laid by previous generations. By redefining what a "better life" truly means, beyond wealth or early retirement, he encourages us to live with intention, model lasting values for our children, and pursue personal growth over generational comparison. Quotes to ponder: "To honor their sacrifices, we’re compelled to pursue the life our parents dreamed for us." "Living a meaningful life is about personal progress, happiness, and having a positive impact on your community and the people you meet." "Strive to be the person you want your child to become, teach by example and never stop improving upon the person you were yesterday." Episode references: Enlightenment Now: https://www.amazon.com/Enlightenment-Now-Science-Humanism-Progress/dp/0525427570 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3140: J. Money invites readers to transform everyday spending into acts of conscious support by reframing expenses as contributions to the people, businesses, and causes we value. This mindset shift turns ordinary transactions into opportunities for connection, empowerment, and gratitude, making each dollar feel more intentional and meaningful. Read along with the original article(s) here: https://www.budgetsaresexy.com/supporting-vs-spending-money/ Quotes to ponder: "To them, it wasn’t about the 'cost', but more about the love of the hobby and wanting to support it however they can." "It’s spending, but it’s also very much supporting." "Think about everyone you’re supporting with each transaction you make, and see if it changes anything." Episode references: 516 Project: https://516project.org The Sundara Fund: https://www.sundarafund.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3139: Vitaliy Katsenelson argues that obsessively monitoring your portfolio can lead to emotional decision-making and worse investment outcomes. Instead, he urges investors to zoom out, think long term, and treat investing more like watching paint dry, boring, but ultimately rewarding. Read along with the original article(s) here: https://contrarianedge.com/want-to-be-a-better-investor-stop-staring-at-your-portfolio/ Quotes to ponder: "Most of the mistakes I’ve made as an investor happened when I got too close to the action." "Stocks are not pieces of paper that wiggle up and down on a computer screen. They are partial ownerships of businesses." "Watching your portfolio too closely is like watching paint dry, it makes time slow down and tempts you to act when you shouldn’t." Episode references: Fooled by Randomness: https://www.amazon.com/Fooled-Randomness-Hidden-Chance-Markets/dp/0812975219 Meditations: https://www.amazon.com/Meditations-New-Translation-Marcus-Aurelius/dp/0812968255 The Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3138: Chris Guillebeau reflects on the allure of the lottery fantasy and shares why he’s chosen to let it go for good. Instead of hoping for sudden wealth, he champions the satisfaction of building a life rooted in purpose, autonomy, and earned success, an empowering reminder to create the life we want, rather than wish for it. Read along with the original article(s) here: https://chrisguillebeau.com/giving-up-the-lottery-fantasy/ Quotes to ponder: "I am thrilled with the life I am building. I do not want the state of Washington, or any other government entity, to give me my ticket to happiness. I want to earn it." "My decision is that I don’t want the money-for-nothing; I want to create my own happiness and my own amazing life." "What if life was what you want it to be because you made it that way? What would you do then?" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3137: Amy Blacklock and Vicki Cook explain the key differences between common and preferred stocks, offering clarity on how each type fits distinct investment goals. While common stocks offer growth and voting rights, preferred stocks provide consistent income and greater claim to assets, making it crucial to align your choice with your financial strategy. Read along with the original article(s) here: https://womenwhomoney.com/preferred-vs-common-stock/ Quotes to ponder: "A share of common stock represents one share of ownership in the underlying corporation." "The dividend yield can be calculated by simply dividing the dollar value of the dividend by the current stock price, times 100 for the percentage." "Preferred stockholders get preference over common stock shareholders during distribution of profits or corporate liquidation of funds." Episode references: Standard & Poor’s: https://www.spglobal.com/ratings/en/ Moody’s: https://www.moodys.com/ Fitch Ratings: https://www.fitchratings.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3136: Tracie shares her deeply personal journey from bankruptcy to financial freedom, offering a raw, relatable look at the emotional toll of debt and the power of persistence. By embracing budgeting, ditching credit cards, and staying committed alongside her husband, she proves that it's possible to come back stronger, wiser, and debt-free. Read along with the original article(s) here: https://www.jackiebeck.com/bankruptcy-and-debt-you-can-come-out-stronger-in-the-end/ Quotes to ponder: "There really can be a light at the end of the tunnel (no matter how long that tunnel might be)." "This time around I did it the RIGHT way. I didn’t just run from my debt. I faced it head on - with my husband." "When you do not have debt, your money is all yours." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3135: Chris Reining challenges the popular career advice to "do what you love" by showing how it's often wiser, and more sustainable, to do what you hate so that you can eventually afford the freedom to pursue what you love. With humor and insight, he illustrates how financial independence is really about creating options, not chasing passions that can’t pay the bills. Read along with the original article(s) here: https://chrisreining.com/hate-love/ Quotes to ponder: "Do what you hate to do what you love." "Financial independence isn’t about having money it’s about having options." "The most dangerous thing I see people do is quit their job to do what they love." Episode references: Architectural Digest: https://www.architecturaldigest.com/ So Good They Can’t Ignore You: https://www.calnewport.com/books/so-good/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3134: Mike Ballew delivers a no-nonsense breakdown of the essential financial and logistical steps to take before retiring, from ditching debt and adjusting investments to creating an end-of-life plan. His straight-talking approach helps listeners understand why guessing isn’t a strategy when it comes to building a secure, lasting retirement. Read along with the original article(s) here: https://eggstack.com/blog/2021-12-05-Your-Retirement-Checklist/ Quotes to ponder: "Retiring is a little like traveling to Mars. If there’s not enough fuel in the tank, you’re going to get stuck there." "The biggest favor you will ever do yourself is to get a 15-year mortgage." "You need to sit down with a financial advisor or avail yourself to sophisticated retirement planning software that can analyze your situation and determine how much retirement savings you really need." Episode references: Risk Parity Radio Podcast (Frank Vasquez): https://www.riskparityradio.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3133: Lyle Soloman explores the deep, often overlooked connection between mental well-being and financial stability, revealing how issues like depression, anxiety, and low self-esteem can lead to impulsive spending, financial neglect, and mounting debt. By identifying patterns and making strategic adjustments during times of clarity, Soloman offers actionable steps to help safeguard your finances even when your mental health falters. Read along with the original article(s) here: https://www.fiology.com/mental-health-financial-health/ Quotes to ponder: "When you are dealing with disturbed mental health, it feels that life is spiraling out of control, and you can’t do anything to get it back on track." "Many people who have financial problems will resist looking at how much they owe." "Don’t try to live your life to someone else’s standards. This can hurt your mental health no matter how much money you make." Episode references: Personal Capital (now Empower): https://www.empower.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3132: Corey from The Fioneers emphasizes the importance of focusing on the "big three" expenses, housing, transportation, and food, to meaningfully boost savings without losing balance in life. By simplifying your financial focus, you gain more mental space to design a fulfilling life, rather than obsessively chasing financial independence at the cost of present-day happiness. Read along with the original article(s) here: https://thefioneers.com/reduce-household-expenses/ Quotes to ponder: "Instead of trying to optimize every aspect of your life, try starting with these three big categories." "Saving more money isn’t just about expediting your journey to FI, but enhancing it." "Saving money is great in that it provides us freedom in the future, but also in the present." Episode references: Imperfect Foods: https://www.imperfectfoods.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3131: Corey of The Fioneers breaks down how focusing on the “big three” expenses, housing, transportation, and food, can dramatically improve your financial flexibility and fast-track your path to financial independence. With real-life examples and a mindset rooted in value over status, this post illustrates how intentional choices can save thousands annually without feeling like sacrifice. Read along with the original article(s) here: https://thefioneers.com/reduce-household-expenses/ Quotes to ponder: "We lack for naught in these three categories. Somehow, we have resisted the urge to keep up with the Joneses." "Reducing your big expense categories will give you the most freedom and flexibility." "Saving money has a triple effect on your finances. It not only gives you more money now, but it also provides more capital to invest and decreases the amount you need in investments to sustain your lifestyle long-term." Episode references: Pew Social Trends - Suburban Statistics: https://www.pewresearch.org/social-trends/2018/05/22/demographic-and-economic-trends-in-urban-suburban-and-rural-communities/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3130: Corey Allan explores practical ways couples can navigate disagreements without damaging their connection, especially when core values or lifestyle changes like minimalism are at stake. Drawing on insights from marital research, he outlines respectful communication strategies that allow each partner to stay true to themselves while nurturing the relationship. Read along with the original article(s) here: https://www.becomingminimalist.com/communicating-with-your-partner/ Quotes to ponder: "Problems in marriage are inevitable. The question is, can you remain satisfied in your marriage in spite of differences?" "Respect is defined as not trying directly or indirectly to change anyone." "If you’re over-functioning for someone, you are under-functioning for yourself." Episode references: The Seven Principles for Making Marriage Work by John Gottman: https://www.amazon.com/Seven-Principles-Making-Marriage-Work/dp/0609805797 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3129: Jamie Cattanach breaks down the truth behind enticing 0% APR credit card offers, revealing how easily they can turn into a debt trap if you’re not careful. By understanding the fine print and developing disciplined repayment habits, you can use these promotions strategically instead of falling victim to them. Read along with the original article(s) here: https://moneyminiblog.com/credit-cards/0-apr/ Quotes to ponder: "That 0% APR offer means the card charges no interest, but it’s almost always a temporary deal." "It’s always best not to spend money you don’t have, anyway, so if you want to open that new line of credit, just pretend it does accrue interest and pay it off in full every month regardless." "When used responsibly, credit cards can be a fantastic financial tool." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3128: Mark Dennis shares practical strategies for building financial habits that actually last, emphasizing the importance of values-based goals, small wins, and systems over willpower. Learn how to align your money behavior with your long-term vision through habit science and simple, repeatable actions. Read along with the original article(s) here: https://www.financialfinesse.com/2018/03/16/how-to-adopt-financial-habits-that-stick/ Quotes to ponder: "One of the most important steps in adopting better financial habits is identifying a strong, personal motivation behind the behavior." "Motivation gets you started, but systems are what keep you going." "If the habit is too big or too drastic a change from your current behavior, it’s likely to fail." Episode references: BJ Fogg’s Behavior Model: https://www.behaviormodel.org/ Tiny Habits by BJ Fogg: https://www.amazon.com/Tiny-Habits-Changes-Everything/dp/0358003326 Betterment (automated investing): https://www.betterment.com/ You Need a Budget (YNAB): https://www.youneedabudget.com/ The Power of Habit: https://www.amazon.com/Power-Habit-What-Life-Business/dp/081298160X Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3127: Wanderer breaks down how to access your 401(k) funds before age 59½ without paying penalties, using a strategy called the Roth Conversion Ladder. By carefully rolling over 401(k) funds into a Traditional IRA and then converting to a Roth IRA within tax-free limits each year, you can build a systematic way to unlock your retirement savings early and maximize tax efficiency. Read along with the original article(s) here: https://www.millennial-revolution.com/invest/get-money-401k-59-1-2/ Quotes to ponder: "Money inside your 401(k) is kinda like a raw pot roast. You can’t eat it right away." "It’s all based on the IRS rule that Roth IRA conversions, rather than contributions, can be withdrawn penalty-free 5 years after the conversion has taken place." "When you do quit, you roll-over all of them into a Traditional IRA. This is done tax-free." Episode references: How to access retirement funds early by Mad Fientist: https://www.madfientist.com/how-to-access-retirement-funds-early/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3126: Lisa Harrison introduces FIOR, Financial Independence/Optional Retirement, as a flexible alternative to traditional FIRE, offering a more realistic and enjoyable path toward financial security without the pressure of extreme frugality or early retirement. Her approach emphasizes maintaining a strong savings rate while allowing for life's pleasures, making work more enjoyable, reducing the need for side hustles, and ultimately giving individuals more freedom and options. Read along with the original article(s) here: https://madmoneymonster.com/2019/11/11/5-reasons-ditching-fire-for-fior-might-be-your-best-financial-move/ Quotes to ponder: "By adopting FIOR, you’ll be able to enjoy life along the way by not having to be extreme in all areas." "The more money you stash away for your future, the more secure you’re going to feel and the more fun your day job will likely become because, wait for it, you won’t need it." "FIOR gives you options. When you’re on the path to FIOR and you reach FI, you have the option to quit your job, change jobs, stay on the job, or anything else you can dream up." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3125: Jeff Rose highlights five often-overlooked non-medical factors that can significantly influence your life insurance premiums, offering practical advice to help you better position yourself for affordable coverage. Understanding these variables empowers you to make smarter lifestyle and financial choices that protect both your wallet and your loved ones. Read along with the original article(s) here: https://www.goodfinancialcents.com/top-5-non-medical-factors-that-affect-your-life-insurance-rates/ Quotes to ponder: "Your credit score is more than just a number to lenders; it can also impact your life insurance rates." "Some occupations, like pilots, loggers, or deep-sea fishermen, carry a higher risk in the eyes of insurance companies." "Traveling to certain countries can be seen as a red flag by life insurance underwriters." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3124: Tynan breaks down how intentional, creative decision-making can fund a fulfilling life at a fraction of the expected cost. By rethinking needs and eliminating unnecessary spending, he designs a lifestyle supported by minimal income but filled with freedom, autonomy, and adventure. Read along with the original article(s) here: http://tynan.com/the-zero-cost-lifestyle Quotes to ponder: "Figure out what you really want to do, and then figure out the absolute cheapest way to do it." "I eat perfect food that I love, live in the exact spot that I want to live, and I spend my free time doing what I want to do." "The real appeal of the zero cost lifestyle is that it is incredibly liberating. You get your time back." Episode references: Alcor Life Extension Foundation: https://www.alcor.org/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3123: Sam from Financial Samurai argues that true happiness stems more from how much we save than how much we earn. Backed by compelling survey data and personal anecdotes, he illustrates how saving creates peace of mind, freedom, and long-term satisfaction, far outweighing the temporary highs of spending or earning more. Read along with the original article(s) here: https://www.financialsamurai.com/they-key-to-happiness-is-saving-more-not-making-more-money/ Quotes to ponder: "The more you save, the more likely you are to be happy." "Saving money affects happiness MORE than how much you earn." "There is no happiness plateau with saving money in the survey because savings gives people peace of mind, pride, and independence." Episode references: Healing Back Pain by Dr. John Sarno: https://www.amazon.com/Healing-Back-Pain-Mind-Body-Connection/dp/0446392308 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3122: Ross Enamait challenges the culture of passively consuming advice by urging readers to test ideas for themselves, embrace trial and error, and trust personal experience over hearsay. His no-nonsense approach empowers individuals to take ownership of their growth, both physically and mentally, by replacing excuses with action. Read along with the original article(s) here: http://rosstraining.com/blog/2014/03/04/find-out-for-yourself/ Quotes to ponder: "Instead of believing what you hear, find out for yourself." "You’ll never know what you are capable of if you are too afraid to try." "The more you do, the more you’ll learn about what works for you." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3121: Gordon Stein shares a powerful personal story of turning a naïve rental mistake into a hands-on education in home construction, gaining invaluable trade skills that paid dividends for decades. His experience reveals how a mindset of curiosity and learning can transform setbacks into lifelong opportunities for growth and financial gain. Read along with the original article(s) here: https://cashflowcookbook.com/the-hidden-wealth-opportunity/ Quotes to ponder: "Then came the unholy suggestion that the work would go faster if I helped him." "I traded some long work days for a lifetime of skills." "Work to learn, not to earn." Episode references: The Obstacle Is the Way: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3120: Paula Pant challenges extreme attitudes toward debt, showing how both blind borrowing and rigid debt aversion can hurt your financial future. With a nuanced perspective, she explores how strategic debt, particularly in education, can lead to massive returns, but only if you carefully evaluate the risks, opportunities, and real-life trade-offs. Read along with the original article(s) here: https://affordanything.com/debt-is-a-good-thing/ Quotes to ponder: "Both attitudes will make you poor." "It’s much easier to get in debt than it is to get out." "Your house is a lousy investment. But a student loan has the potential to provide amazing returns." Episode references: Georgetown University Report on College ROI: https://cew.georgetown.edu/cew-reports/the-college-payoff/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3119: Kevin from Financial Panther challenges the flashy narratives of quick wealth by highlighting the true value of betting big on yourself. Through honest reflections on career pivots, sunk costs, and slow-building success, he reminds us that long-term, self-driven investments yield the most meaningful returns. Read along with the original article(s) here: https://financialpanther.com/if-youre-going-to-bet-big-bet-on-yourself-first/ Quotes to ponder: "If you’re going to make big bets, at least bet on yourself first before you bet on someone else." "When you get married or have kids or go to school, you’re making a huge bet. These are all-in decisions we make." "The only thing I do know is that if you give yourself time, most of the time, you’ll probably do okay." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3118: Kristin Wong shares a cautionary tale about how obsessive saving can backfire, highlighting how unrealistic budgeting and neglecting real-life spending patterns led her to rack up overdraft fees and lose peace of mind. Her journey emphasizes that true financial growth comes not from rigid saving but from realistic tracking, mindful spending, and striking a healthy balance. Read along with the original article(s) here: https://www.getrichslowly.org/how-saving-money-cost-me-money/ Quotes to ponder: "If your money is costing you peace of mind, why are you saving it?" "I wanted the instant gratification of seeing $6,500. I would leave myself nothing just so I could see that number." "Money is more about mind than it is about math." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3117: Mr. 1500 reflects on the unexpected power of being a quiet catalyst in someone else's financial journey. Through small, intentional actions, like gifting a book or leading by example, we can profoundly influence others to pursue financial independence and change the trajectory of their lives. Read along with the original article(s) here: https://www.1500days.com/be-an-inflection-point-to-somone/ Quotes to ponder: "You may not have $1,000,000 saved yet, but you have the knowledge to get there. And knowledge is power." "Don’t underestimate yourself. YOU have the ability to make a difference. A big one." "Never preach, act judgy, or talk down. Lead by example." Episode references: Playing with FIRE (Film): https://playingwithfire.co/ Choose FI Local Groups: https://www.choosefi.com/local-groups/ The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3116: Kumiko Love breaks down index funds in a simple, approachable way, showing how they can be a powerful, low-cost investment tool for long-term financial growth. With relatable explanations and clear comparisons, she empowers beginners to take confident steps toward building wealth through consistent investing. Read along with the original article(s) here: https://www.thebudgetmom.com/what-you-should-know-about-index-funds/ Quotes to ponder: "Index funds are one of the easiest, low-cost ways to invest in the stock market." "Rather than trying to beat the market, index funds aim to mirror it." "Because index funds don’t require a fund manager to actively pick stocks, they usually have lower fees." Episode references: Fidelity - Index Funds: https://www.fidelity.com/mutual-funds/index-funds/overview Investopedia - Index Fund Definition: https://www.investopedia.com/terms/i/indexfund.asp Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3114: Mia outlines a gentle yet practical path to uncovering your life’s passion by tuning into what excites you, experimenting without pressure, and aligning with your natural strengths. Her approach focuses on curiosity and self-compassion, making the journey to clarity feel inspiring rather than overwhelming. Read along with the original article(s) here: https://shedreamsallday.com/how-to-find-your-passion-in-life/ Quotes to ponder: "Passion isn’t something you find under a rock. It’s something that builds and grows over time through experimentation, curiosity, and action." "You won’t find your passion by sitting still and thinking about it all day. You find it by doing." "The goal is to follow your curiosity even if it doesn’t make sense at the time." Episode references: 16Personalities: https://www.16personalities.com/ Myers-Briggs Personality Test: https://www.truity.com/test/type-finder-personality-test-new Ikigai: https://www.amazon.com/Ikigai-Japanese-Secret-Long-Happy/dp/0143130722 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3115: The Mad Fientist offers a raw, behind-the-scenes look at the emotional and psychological shifts he experienced after achieving early retirement. Rather than pure bliss, he discovered unexpected challenges in identity, motivation, and meaning, insights that can help others prepare for what financial freedom really feels like. Read along with the original article(s) here: https://www.madfientist.com/early-retirement-preview/ Quotes to ponder: "All the things I thought I wanted to do when I stopped working didn’t actually bring me as much happiness as I imagined they would." "With nothing I had to do and no one telling me what to do, I started to feel a bit lost." "Achieving the goal of financial independence is not the end; it’s the beginning of a new and potentially more difficult journey." Episode references: The 4-Hour Workweek: https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357 Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3113: Red shares her raw, firsthand experience of battling credit card debt, offering six empowering strategies to regain control and silence relentless creditors. From knowing your legal rights to negotiating smarter repayment plans, her advice helps turn fear into action and financial freedom. Read along with the original article(s) here: https://www.budgetsaresexy.com/6-ways-to-knock-out-creditors/ Quotes to ponder: "I easily received 15 phone calls a day. Sometimes they would leave a voicemail, but I deleted it without listening." "You’ll need a realistic budget to get out of this debt, and seeing the light at the end of the tunnel is better than blindly making minimum payments." "Most companies will reduce your interest rate if they know it increases the odds of getting some of their money back." Episode references: The Pew Charitable Trust report on debt collection lawsuits: https://www.pewtrusts.org/en/research-and-analysis/reports/2020/05/how-debt-collectors-are-transforming-the-business-of-state-courts The Fair Debt Collection Practices Act: https://www.consumerfinance.gov/rules-policy/regulations/1006/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3112: Chris Mamula reflects on the costly mistake of blindly trusting a financial advisor, a decision that led to years of excessive fees and missed investment growth. His story exposes how common and dangerous it is to rely on referrals for financial advice in a financially illiterate society, underscoring the life-changing power of self-education in investing. Read along with the original article(s) here: https://www.caniretireyet.com/the-worst-investment-advice-i-ever-heard-everywhere Quotes to ponder: "We later learned we paid approximately eight times more in hidden fees than we thought we were by following his investment advice." "The worst advice, which I read and hear frequently, is that you should find a good financial advisor by seeking the recommendation of someone you trust." "There is no substitute to self education. Those unwilling to learn are destined to repeat these same mistakes." Episode references: The White Coat Investor: https://www.amazon.com/White-Coat-Investor-Financial-Doctors/dp/0991433106 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3111: Sean Owen highlights the powerful appeal of Dividend Aristocrats, companies that have raised their dividends for at least 25 consecutive years, demonstrating how these “boring” stocks can deliver exceptional long-term results and reliable income. Through Buffett’s Coca-Cola example and simple ETF options, the article makes a compelling case for patient investors seeking stability, compounding returns, and financial peace of mind. Read along with the original article(s) here: https://www.mrmoneymustache.com/2012/01/02/guest-posting-the-dividend-aristocrats/ Quotes to ponder: "A company that pays steadily rising dividends is a company that makes so much money, year after year, that it simply can’t use it all." "If a company ever misses a single dividend payment, or ever fails to give investors a raise, then it is booted out, and must start that 25-year clock all over again." "When you stay focused on collecting your paychecks from the companies you own, rather than the share price, you can ignore the wild fluctuations in the stock market." Episode references: SPDR S&P Dividend ETF (SDY): https://www.ssga.com/us/en/individual/etfs/funds/spdr-sp-portfolio-s-p-dividend-etf-sdy Berkshire Hathaway Shareholder Letters: https://www.berkshirehathaway.com/letters/letters.html The Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3110: ESI draws on Warren Buffett's powerful analogy of career value as an investment, revealing how communication skills, particularly public speaking, can boost that value by 50%. Backed by personal experience, ESI makes the case that refining how you speak and write can significantly increase lifetime earnings, making communication a high-ROI skill worth mastering. Read along with the original article(s) here: https://esimoney.com/grow-value-career-50/ Quotes to ponder: "Right now, I would pay $100,000 for 10 percent of the future earnings of any of you, so if you’re interested, see me after class." "Now, you can improve your value by 50 percent just by learning communication skills - public speaking." "You can’t speak your way to success, at some point you need to deliver the goods as well." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3109: Joel shares his firsthand experience entering the world of hard money lending, revealing how he turned passive capital into consistent, high-yield returns. With clear explanations and real-life numbers, he demystifies this niche investment strategy while offering practical advice for anyone curious about lending their money wisely. Read along with the original article(s) here: https://5amjoel.com/hard-money-lending/ Quotes to ponder: "Hard money lending is when you loan your personal money to a real estate investor, and you earn monthly interest." "I made $10,000 in 10 months, and I didn’t lift a finger." "This is NOT a get-rich-quick scheme. It’s slow, consistent, and fairly boring." Episode references: BiggerPockets Forums: https://www.biggerpockets.com/forums The Book on Investing In Real Estate with No (and Low) Money Down: https://www.amazon.com/Book-Investing-Real-Estate-Money/dp/1947200976 Hard Money University: https://www.hardmoneyuniversity.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3108: Emily Guy Birken explores how growing up poor can shape a limiting money mindset through a diminished sense of control, leading to reactive financial habits and difficulty delaying gratification. By learning to shift from an external to an internal locus of control, listeners can rewire old belief patterns, reclaim agency, and start making empowered financial decisions rooted in self-awareness. Read along with the original article(s) here: https://ptmoney.com/overcome-money-mindset-issues-grew-poor/ Quotes to ponder: "Feeling as though you have control over your life is a big factor in making good financial decisions." "Waiting patiently for a larger, later reward is what investing is all about, after all." "Successful people know that looking within is the only way to realize your dreams." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3107: James Altucher breaks down the emotional, financial, and psychological reasons he’s sworn off homeownership for good, arguing that buying a house is less of an investment and more of a trap. With sharp wit and hard-earned experience, he shows why renting offers freedom, flexibility, and far fewer hidden costs, making it a smarter lifestyle choice for those who value cash, time, and peace of mind. Read along with the original article(s) here: https://jamesaltucher.com/blog/why-i-am-never-going-to-own-a-home-again/ Quotes to ponder: "I want to fill a bathtub with all the dollar bills I would’ve used as a down payment on a house. I want to bathe in that bathtub." "Saying 'my house is an investment' forgets the fact that a house has all the qualities of the ugliest type of investment." "Do you feel like you can’t accomplish something in life until you own a house? Examine the real reasons you want to own and make sure they are coming from a good spot in your heart." Episode references: S&P 500 Index (for comparison): https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3106: Vitaliy Katsenelson reflects on what he calls his single greatest achievement - not a professional accolade, but raising children who are kind, curious, and emotionally resilient. Through touching stories and hard-earned lessons, he reveals how parenting shaped his values and challenged his ego, offering a deeply human look at what truly matters. Read along with the original article(s) here: https://contrarianedge.com/my-single-greatest-achievement/ Quotes to ponder: "My kids are my single greatest achievement. They are kind, smart, curious, and caring people." "Kids are not a project you can complete or a problem you can solve - they are human beings you help shape." "Being a parent made me realize how little control I have over the world and how much influence I have over what kind of father I choose to be." Episode references: How to Talk So Kids Will Listen & Listen So Kids Will Talk: https://www.amazon.com/How-Talk-Kids-Will-Listen/dp/0743525086 Raising An Emotionally Intelligent Child: https://www.amazon.com/Raising-Emotionally-Intelligent-Child-Heart/dp/0684838656 The Road Less Traveled: https://www.amazon.com/Road-Less-Traveled-Timeless-Traditional/dp/0743243153 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3105: Vicki Cook and Amy Blacklock outline powerful strategies to shift from a scarcity mindset to one of abundance, unlocking financial clarity and emotional well-being. Their guidance encourages gratitude, generosity, and mindful living, helping you break free from limiting beliefs and align your lifestyle with your deepest values. Read along with the original article(s) here: https://womenwhomoney.com/adopting-abundance-mindset-important/ Quotes to ponder: “No one has ever become poor by giving.” “Reducing the time you spend connected to the TV or social media will boost your happiness and decrease your desire to waste money.” “When you get caught up competing with them, you end up with everything they wanted and not what you want.” Episode references: Anne Frank quote reference: https://www.goodreads.com/quotes/1905-no-one-has-ever-become-poor-by-giving Gratitude research - Greater Good Science Center: https://greatergood.berkeley.edu/topic/gratitude/definition Shoshin (Beginner’s Mind): https://en.wikipedia.org/wiki/Shoshin Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3104: Vicki Cook and Amy Blacklock explore how shifting from a scarcity to an abundance mindset can drastically reshape your relationship with money, success, and self-worth. By taking ownership of your decisions and embracing the belief that there’s enough to go around, you’ll unlock a path to greater opportunity, confidence, and financial well-being. Read along with the original article(s) here: https://womenwhomoney.com/adopting-abundance-mindset-important/ Quotes to ponder: "Your mindset can affect things like how you learn, manage stress, and handle risk." "In this paradigm, 'there is plenty out there and enough to spare for everybody.'" "People who think abundantly have real financial security because they make things happen and go after what they want." Episode references: The Obstacle Is the Way: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358 The 7 Habits of Highly Effective People: https://www.franklincovey.com/the-7-habits/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3103 Christina Browning dismantles the illusion of credibility surrounding investment news channels, revealing how their focus on sensationalism, jargon, and short-term hype undermines real financial growth. Instead of empowering viewers with sound strategies, these shows promote herd behavior and distract from proven paths like long-term index investing and the FIRE movement. Read along with the original article(s) here: https://www.ourrichjourney.com/post/the-truth-about-investment-news-channels-dont-fall-for-them Quotes to ponder: "Investing News Channels are NOT the answer. Seriously, DO NOT LISTEN TO THEM." "These shows are entertainment and that’s it!" "It is impossible to ever accurately and consistently predict the stock market." Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 The Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3102: Liz of Frugalwoods makes a compelling case for tuning out market noise and focusing instead on the variables you can control, like saving more, earning more, and investing consistently. Her down-to-earth wisdom reminds us that emotional reactions to stock volatility are distractions from the real drivers of long-term wealth: discipline, low fees, and the magic of compounding. Read along with the original article(s) here: https://www.frugalwoods.com/2016/01/20/why-we-ignore-the-stock-market-and-you-should-too-demystifying-personal-finance-part-4/ Quotes to ponder: "I’m not going to tell you how to optimize your investments or beat the market or pick that one hot fund - why not? Because I don’t know how to and neither does anyone else." "My approach to all things in life is to control what I can and to categorically ignore/let go of the things I can’t." "Pulling in and out of the market when you feel the slightest twinge of panic is a great way to ensure you’ll never make any money from your investments." Episode references: FSTVX - Fidelity Total Market Index Fund (now FXAIX): https://www.fidelity.com/mutual-funds/fidelity-funds/overview Personal Finance Club by Jeremy Schneider: https://www.personalfinanceclub.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3101: Mike Ballew highlights four major threats to your retirement goals, unexpected health issues, job loss, dependent adult children, and the loss of a partner, and offers clear strategies to stay financially resilient. This article encourages proactive planning and smart boundary-setting, reminding us that while we can't control everything, we can prepare for a lot. Read along with the original article(s) here: https://eggstack.com/blog/2021-11-21-Four-Things-That-Can-Derail-Your-Retirement-Plans/ Quotes to ponder: "Almost half of all current retirees were forced to retire earlier than planned due to unforeseen circumstances such as health issues." "Instead of saving for retirement, too many parents are providing financial support for adult children who are perfectly capable of supporting themselves." "Social Security was never meant to be a retiree’s sole source of income and it is woefully inadequate to sustain the typical American lifestyle." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3100: Jackie Beck shares a simple yet powerful mindset shift for tackling overwhelming debt by breaking it down into small, consistent actions, the one-bite method. By focusing on progress over perfection and celebrating every win, even the tiniest payment can spark the momentum needed to achieve lasting financial freedom. Read along with the original article(s) here: https://www.jackiebeck.com/one-bite-method/ Quotes to ponder: "You’ve got to celebrate every little bit of progress. And then do it again, ’til one day you’ll have polished off the whole thing." "You don’t have to see exactly how things will happen in order to make them happen." "The key to the one-bite method is absolutely to stay focused on your progress so that you keep going." Episode references: Thomas Fuller quote: https://www.brainyquote.com/quotes/thomas_fuller_106054 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3099: Michelle Schroeder-Gardner offers practical, empowering tips to help you stay motivated while tackling debt and sticking to a budget. By visualizing goals, celebrating small wins, and fostering a mindset of appreciation over consumption, you'll build lasting habits that lead to financial freedom and a more intentional life. Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/09/how-to-stick-to-a-budget-financial-motivation.html Quotes to ponder: "Finding financial motivators will help you continue to work hard towards your goal, even when it seems impossible." "Making your goal visual is a great way to find motivation." "You can still enjoy life, do many of the same things you usually do, and so on." Episode references: Personal Capital: https://www.personalcapital.com Mint: https://mint.intuit.com A Cultivated Nest: https://acultivatednest.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3098: Nia Shanks explores how the nocebo effect, the harmful counterpart to the placebo, shows up in everyday life when we believe negative outcomes into existence. She reveals how self-limiting beliefs, reinforced by fitness myths and personal narratives, can derail progress and offers a mindset shift that empowers lasting change. Read along with the original article(s) here: https://niashanks.com/nocebo-effect-thinking-your-way-to-failure/ Quotes to ponder: "Your thoughts and beliefs can act like a nocebo, leading to poorer outcomes simply because you expect them." "Being told you’re 'broken' or have to train a certain way can plant seeds of doubt that sabotage your progress." "You are not fragile, and your body is not a ticking time bomb waiting to explode if you move 'wrong.'" Episode references: The Nocebo Effect: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6534344/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3097: Joshua Fields Millburn challenges the belief that income alone leads to happiness, emphasizing instead the transformative power of daily habits and intentional living. He also addresses the importance of preparing for the inevitable, death, not to live in fear, but to experience greater peace of mind and clarity in the present. Read along with the original article(s) here: https://www.theminimalists.com/money-habits/  &  https://www.theminimalists.com/death/ Quotes to ponder: "Once we earn $X, we quickly discover that the equation is broken." "A much better conductor of individual contentment, then, has little to do with money: our daily habits." "We needn’t be afraid, though just prepared." Episode references: LegalZoom: https://www.legalzoom.com/ WikiHow – How to Write a Will: https://www.wikihow.com/Write-a-Will Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3096: Michelle Schroeder-Gardner encourages finding a balance between financial goals and enjoying life, especially when dealing with debt. She shares practical strategies for traveling affordably like budgeting, staycations, and using credit card rewards while emphasizing the importance of not adding to your debt in the process. Read along with the original article(s) here: https://www.makingsenseofcents.com/2017/09/should-you-go-on-vacation-if-you-have-debt.html Quotes to ponder: "You can still enjoy life on a budget, but it’s all about having a good balance and seeking out what will work best for your situation." "To take a vacation, you should never take on debt. Taking on debt to travel will just dig your debt hole even deeper." "Vacations are great and all, but taking on debt to go on them is 99.999999% of the time not worth it." Episode references: Gusto Payroll: https://gusto.com/ Chase Sapphire Preferred: https://creditcards.chase.com/rewards-credit-cards/sapphire/preferred Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3095: Brian Tracy breaks down the habits and mindset shifts that separate those who only look rich from those who are rich. Learn how adopting long-term thinking, discipline, and a focus on wealth-building behaviors can lead to true financial independence - regardless of your current income. Read along with the original article(s) here: https://www.briantracy.com/blog/financial-success/look-rich-or-be-rich-develop-a-millionaire-mindset-to-achieve-financial-independence-wealthy-people/ Quotes to ponder: “People who look rich often have little or no money saved. They work to earn and then spend everything on the outward appearance of success.” “People who are really rich are more concerned with building and maintaining wealth over time than with showing it off.” “You become what you think about most of the time. If you think about financial independence and becoming wealthy, you begin to do the things that will make it a reality.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Think and Grow Rich: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Rich Dad Poor Dad: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681131 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3094: Wanderer shares powerful insights from Chautauqua UK, revealing how financial healing starts with self-forgiveness. When we release the shame of past money mistakes, we unlock the clarity and creativity needed to move forward and take control of our financial future. Read along with the original article(s) here: https://www.millennial-revolution.com/build/why-you-have-to-forgive-yourself/ Quotes to ponder: "Let’s pretend that whoever screwed up in the past was a different person, and that person’s gone now." "The only thing that matters is what you do starting now." Episode references: Camp FI: https://campfi.org EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3093: Julianna Poplin explores the often-overlooked tension between simplicity and frugality, sharing her journey from obsessive bargain hunting to more mindful consumer habits. She encourages listeners to consider the true cost of “cheap” purchases, including time, stress, and clutter, and offers reflective questions to help find a balance that aligns with their values. Read along with the original article(s) here: https://www.thesimplicityhabit.com/how-to-balance-simplicity-and-frugality/ Quotes to ponder: "You are going to pay with something. It will typically either be time or money." "Frugality ceases to be an asset when you are buried under a pile of bargain items." "It isn’t frugal to buy unnecessary items no matter how inexpensive they were." Episode references: The Minimalists (Joshua Fields Milburn quote): https://www.theminimalists.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3092: J.D. Roth challenges the notion that paying off debt requires extreme austerity, advocating instead for a balanced, sustainable approach. By gradually building frugal habits and allowing room for joy, you can make progress toward financial freedom without feeling deprived or overwhelmed. Read along with the original article(s) here: https://www.getrichslowly.org/should-repaying-debt-be-an-obsession/ Quotes to ponder: "You paid off $35,000 in debt in just over three years. Does that mean you were balls-to-the-wall dedicated and had no frills and were dour-faced the whole time?" "Most people who leap from a lifestyle of deficit-spending to one of extreme frugality find the waters very, very cold." "Yes, thrift and frugality are important tools to meeting your financial goals. But I believe it's important to develop sustainable financial goals." Episode references: Frugalwoods blog: https://www.frugalwoods.com Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Mr. Money Mustache blog: https://www.mrmoneymustache.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3091: A Purple Life reflects on how car ownership once symbolized freedom in traffic-choked Atlanta, only to become a stressful time sink that fueled a lifelong commitment to living carfree. By designing a life around walkability, public transit, and intentional limits, she highlights the financial and mental freedom that can come from rejecting car culture entirely. Read along with the original article(s) here: https://apurplelife.com/2018/07/24/carfree-for-life/ Quotes to ponder: "Every. Single. Day. This is when I learned I never wanted to own a car or have a car commute again." "It felt like I was staring into the abyss of my commuting future." "I’ll happily substitute owning a car with a mix of public transit, walking and using the sharing economy." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3090: Brian Gardner challenges the busyness and clutter that dominate modern life, inviting readers to embrace a simpler, more intentional existence. By clearing the physical and mental "sidebars" that distract us, he reveals how life becomes more meaningful, spacious, and aligned with what truly matters. Read along with the original article(s) here: https://nosidebar.com/life-without-sidebars/ Quotes to ponder: "A life with no sidebars is about making space for what really matters by getting rid of everything that doesn’t." "Busyness isn't a badge of honor, it’s a barrier to connection, creativity, and joy." "Instead of checking off boxes, I want to be present for my life." Episode references: Soulful Simplicity (Book): https://www.amazon.com/Soulful-Simplicity-Courtney-Carver/dp/0143130684 Be More with Less: https://bemorewithless.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3089: Kevin of Financial Panther reminds us that real success, whether in finances, personal growth, or business, comes from playing the long game. With patience, consistency, and a focus on compounding effort over time, even modest daily actions can lead to remarkable outcomes. His reflections encourage listeners to build resources, pursue passion projects with endurance, and reject the myth of overnight success. Read along with the original article(s) here: https://financialpanther.com/the-long-game-always-wins/ Quotes to ponder: "If you give yourself enough time, you can achieve almost anything." "$30 per day might not seem like much money, but 30 years is a long time to do anything." "Spending over 5 years doing anything is as close to a guaranteed recipe for success as you can get in our world." Episode references: The Bullet Journal Method by Ryder Carroll: https://www.amazon.com/Bullet-Journal-Method-Meaningful-Productive/dp/0525533338 EconoMe Conference: https://www.economeconference.com Real Vision: https://www.realvision.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3088: Chris Reining breaks down the mindset and math behind determining how much money you really need to achieve financial independence. By focusing on spending rather than income, he offers a simple yet powerful framework that puts long-term freedom within reach - no matter your current salary. Read along with the original article(s) here: https://chrisreining.com/how-much Quotes to ponder: "You don’t need to be a millionaire, you just need enough money so you don’t have to work." "Financial independence has nothing to do with how much you earn, and everything to do with how much you spend." "The lower your spending, the less you need to save. That’s the secret." Episode references: Mr. Money Mustache: https://www.mrmoneymustache.com Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3087: Chris from KeepThrifty shares how living like a student during a well-paying internship taught him a powerful lesson: spending should be driven by values, not income. By focusing on tracking expenses, prioritizing long-term goals over short-term indulgences, and finding joy in low-cost experiences, he shows how financial freedom becomes more achievable - no matter how much you earn. Read along with the original article(s) here: https://www.keepthrifty.com/earn-like-a-boss-spend-like-an-intern/ Quotes to ponder: "Your spending can (and should) be independent of your income." "It’s not deprivation if you’re prioritizing something better." "That which gets measured gets managed." Episode references: The More of Less: https://www.amazon.com/More-Less-Minimalist-Living-Discover/dp/1601427964 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3086: Chris of KeepThrifty shares practical, tested strategies for growing your income faster than inflation averaging 8% annually over 15 years by becoming a high-value team member. Learn how to lead with purpose, invest in your own development, support your team, and tackle the tough jobs no one else wants, all of which set you up for financial freedom. Read along with the original article(s) here: https://www.keepthrifty.com/earn-like-a-boss-spend-like-an-intern/ Quotes to ponder: "Decisions are easier, priorities are clearer, and everyone just seems to work together better." "You need to keep learning and growing." "Improving your team helps your company a lot and you even more." Episode references: Crucial Conversations: https://www.amazon.com/Crucial-Conversations-Talking-Stakes-Second/dp/0071771328 The Obstacle Is the Way: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358 Start with Why: https://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591846447 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3085: The Mad Fientist explores the unexpected emotional terrain of nearing financial independence, revealing how fear, procrastination, and questions of purpose often surface just as the goal comes within reach. With honesty and introspection, he shares how early action, not early retirement alone, may be the key to building a more meaningful and enjoyable life. Read along with the original article(s) here: https://www.madfientist.com/emotions-of-fi/ Quotes to ponder: "I’ve spent so many years building up my balances so the idea of actually taking money out is a bit frightening." "Has my procrastination been a way of keeping my dreams alive even though, deep down, I realize they are probably not attainable?" "Financial independence isn’t the solution to every problem but it does provide the freedom and flexibility to make changes that improve your life." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3084: Chelsea of SmartMoneyMamas.com breaks down the intentional decision-making process behind frugal living, showing how thoughtful spending can lead to greater happiness, reduced stress, and financial freedom. Rather than focusing on deprivation, her five-step method encourages creativity, community, and mindful consumption in a world driven by impulse buying. Read along with the original article(s) here: https://smartmoneymamas.com/thought-process-frugal-mind/ Quotes to ponder: "Being frugal is about optimizing the balance between cost and happiness." "Your time does have value and the materials to make those things could end up costing more anyway." "When you buy something using the frugal thought process, be confident that you are spending money on something that matters." Episode references: Craigslist: https://craigslist.org Buy Nothing Project: https://buynothingproject.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3083: Julien Saunders shares how he and his wife strategically paid off their mortgage to unlock financial freedom, reduce stress, and gain control over their time. Their journey, driven by teamwork and discipline, reveals how owning a home outright can be a powerful step toward financial independence, especially for those underrepresented in that achievement. Read along with the original article(s) here: https://richandregular.com/why-we-paid-off-our-mortgage/ Quotes to ponder: "We didn’t just payoff a mortgage; we bought time." "The primary reason we decided to payoff the mortgage was to create a level of freedom and flexibility that no job could ever provide." "We swung it about 30+ times over a 2 1/2 year period putting every single dollar to work." Episode references: Afford Anything: https://affordanything.com Go Curry Cracker: https://www.gocurrycracker.com Millennial Revolution: https://www.millennial-revolution.com Dave Ramsey: https://www.ramseysolutions.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3082: Seth Sinclair shares a powerful framework for negotiating with clarity, confidence, and empathy, helping you reach mutually beneficial outcomes without damaging trust or relationships. By focusing on curiosity, active listening, and honest communication, you'll walk away from difficult conversations feeling respected, and more likely to get what you want. Read along with the original article(s) here: https://michaelmehlberg.com/blog/2016/10/17/how-to-win-a-negotiation-without-destroying-relationships Quotes to ponder: "Curiosity diffuses conflict, lowers defenses, and opens the door to understanding." "Always seek to understand what the other person wants and why they want it." "Compromise isn’t weakness, it’s the recognition that both sides have value." Episode references: Crucial Conversations: https://www.amazon.com/Crucial-Conversations-Talking-Stakes-Second/dp/1469266822 Never Split the Difference: https://www.amazon.com/Never-Split-Difference-Negotiating-Depended/dp/0062407805 Getting to Yes: https://www.amazon.com/Getting-Yes-Negotiating-Agreement-Without/dp/0143118757 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3081: Courtney Carver invites readers to rethink their relationship with money and possessions by focusing on clarity, intention, and contentment. By embracing simplicity, self-awareness, and gratitude, she shares ten mindset shifts that help cultivate a deeper sense of “enough” regardless of financial status. Read along with the original article(s) here: https://bemorewithless.com/10-ways-you-can-have-enough-money-and-stuff/ Quotes to ponder: "Deciding you have enough is what helps you actually feel like you have enough." "Decluttering can be a beautiful bridge to a life with less stuff and more meaning." "When you focus on what really matters to you, you naturally spend less on the things that don’t." Episode references: Becoming Minimalist: https://www.becomingminimalist.com/ Tiny House Talk: https://tinyhousetalk.com/ Zen Habits: https://zenhabits.net/ The Minimalists: https://www.theminimalists.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3080: Saving, borrowing, or investing, Jacob Lund Fisker breaks down the three fundamental approaches to financing your life. By understanding the power of living off interest rather than paying it, you can accelerate financial independence and avoid the "one more year syndrome" that keeps many from retiring even when they’ve reached their goal. Find out how to determine your financial "enough" and pull the trigger on true freedom. Read along with the original article(s) here: http://earlyretirementextreme.com/the-three-methods-of-finance-and-when-enough-is-enough.html Quotes to ponder: "You can pay as you go. You save money and then you spend it. If you don’t have the money, you can’t afford it and if you can’t afford it, you don’t buy it." "Financial independence means not having to finance like the people in class 2 and it usually also implies not having to earn money by working, but let’s not get hung up on words." "There are a lot of stories about people who wanted to squeeze in just one extra bit of work to meet some retirement target. Then when they reach it, they think to themselves, well, if I worked just a little longer, I could buy this and this and that." Episode references: CharityVest: https://charityvest.org EconoMe Conference: https://economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3079: Mr. 1500 reflects on the surprising reality of fulfilling a lifelong dream, owning an Acura NSX, only to realize that the joy of possession fades faster than expected. The mental burden of maintaining an expensive car, combined with a shift toward financial flexibility and simplicity, led to the decision to sell. Letting go brought more peace than regret, reinforcing the idea that true happiness isn’t found in material things. Read along with the original article(s) here: https://www.1500days.com/why-we-sold-our-fancy-car-the-acura-nsx/ Quotes to ponder: "The pursuit is often more fun than the ownership of it." "In the end, the most important reason is that it just didn’t bring us happiness anymore." "There is beauty in simplicity. An internal combustion engine is a Rube Goldberg machine compared to an electric motor." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3078: Most of us aiming for financial independence don’t live in luxury, but what truly counts as a luxury? Darrow Kirkpatrick challenges the idea that luxuries are inherently bad, arguing instead that they should be evaluated based on their function, personal value, and overall cost. By asking whether an expense is optional, meaningful, and affordable, we can make smarter financial choices, prioritizing what genuinely enriches our lives without falling into the trap of unnecessary spending. Read along with the original article(s) here: https://www.caniretireyet.com/luxury-or-essential/ Quotes to ponder: "A luxury is 'something inessential, but conducive to pleasure and comfort.'" "The problem is when you develop habits to the point that expensive luxuries become necessities, or you want them in all areas of your life." "When you spend money, you choose consumption today over the lifetime of interest income you’d achieve from investing it instead." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3077: Investing for an 8% return is a long-term game, not a short-term guarantee. ESI of ESIMoney.com explains why this rate is a reasonable expectation for stock index fund investors over a decade or more, despite market fluctuations. He also shares his personal experience earning 10% or more through real estate and how staying consistent with low-cost index funds gives the best chance at solid returns. Read along with the original article(s) here: https://esimoney.com/can-get-8-investment-return/ Quotes to ponder: "There’s a big difference between making 8% on your money ‘at a time like this’ and making 8% on your money over a 10-15 year period." "You can give yourself the best opportunity to maximize investment returns by putting your money in low-cost index funds." "No one knows! Investing is inherently risky, so you do it hoping for a good return but knowing you might lose everything." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3076: Cutting back on small luxuries can help, but real financial freedom often requires big, bold changes. Cynthia Meyer shares how she tackled overwhelming debt by downsizing her living space, rethinking entertainment expenses, and even giving up her car, saving over $1,200 per month in the process. Her story proves that by making intentional sacrifices, you can accelerate debt repayment and reclaim your financial future. Read along with the original article(s) here: https://www.financialfinesse.com/2017/07/03/would-you-go-this-far-to-pay-off-your-debt/ Quotes to ponder: "That’s when I decided that only making drastic changes would get the outsized results I was seeking." "Consider making some big changes to climb that debt mountain faster. Trust me, you’ll feel great when you get to the top and look around at how far you’ve come." "There is a secret financial power in home cooking!" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3075: Conventional financial wisdom doesn’t always apply universally. The article challenges common money advice by exploring real-life examples where “bad” financial decisions - like keeping a mortgage instead of paying it off early - led to positive outcomes. By highlighting the importance of context, adaptability, and personal financial goals, it encourages readers to think critically rather than blindly following mainstream advice. Read along with the original article(s) here: https://affordanything.com/2013/05/21/bad-financial-advice-but-it-worked-for-me Quotes to ponder: "This is why I distrust financial guidelines that assume one-size-fits-all." "Just because it worked for one person doesn’t mean it will work for everyone." "People have different risk tolerances, personalities, and opportunities." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3074: Fitness trackers can be a great short-term motivator for increasing daily movement, but their accuracy varies depending on the activity. While they reliably estimate step count and heart rate, they tend to miscalculate calories burned, sleep duration, and travel distances. To maintain motivation beyond the initial excitement, incorporating challenges, friendly competitions, or group tracking can help sustain engagement. Quotes to ponder: "Most fitness trackers are pretty good about estimating the number of steps you take each day, but when it comes to estimating the number of calories burned, they tend to underestimate." "It turns out that fitness trackers do keep folks motivated but in the short term." "If purchasing a fitness tracker helps someone go from exercising sporadically to becoming more committed and consistent, even in the short term, then by all means, it’s worth it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3073: Learning to talk openly about money and align financial goals can transform a relationship. Leo Babauta outlines six key steps to achieving financial harmony with your partner, from discussing values and removing emotions from money talks to creating a plan and holding regular financial meetings. By staying positive, honest, and team-oriented, couples can build a strong financial foundation that supports both their individual and shared dreams. Read along with the original article(s) here: https://zenhabits.net/six-steps-to-healthy-finances-in-your-relationship Quotes to ponder: "We can tell our values by looking at our checkbook stubs." "If that’s what makes the other person happy, you should want to make them happy - that’s the basis of a good relationship." "Team members can help each other out and encourage each other, or they can rip the team apart by being negative, by blaming, by working against common goals." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3072: A well-deserved raise isn't just about asking, it’s about asking the right way. Emily Guy Birken breaks down a strategic approach to salary negotiations, from researching market value and proving your worth to timing your request wisely and handling a potential "no" with confidence. Mastering this skill can set you up for long-term financial growth and career satisfaction. Read along with the original article(s) here: https://ptmoney.com/how-to-ask-for-a-raise/ Quotes to ponder: "They can’t shoot you for asking." "The best time to ask for a raise is right after you have just done something great for the company, such as solving a big problem, landing a major client, or saving the company money." "It can be easy to procrastinate for months (or even years!) if you’re uncomfortable selling yourself, but no one else is going to advocate for you." Episode references: Glassdoor: https://www.glassdoor.com Salary.com: https://www.salary.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3071: Achieving financial independence is a dream for many, but common pitfalls can derail progress. Chris Panteli highlights five key reasons people fail to reach this goal: lack of genuine commitment, insufficient financial knowledge, reliance on stagnant cash savings, fear of taking risks, and impatience. By recognizing these obstacles early and taking proactive steps, you can stay on track toward financial freedom. Read along with the original article(s) here: https://www.fiology.com/you-wont-reach-financial-independence/ Quotes to ponder: "You lose money thanks to inflation. This is a concept you must understand if you are to be financially independent." "To make money that helps you become financially independent will mean taking some risks. If you are not prepared to take any risk, then you aren’t going to achieve your goals." "Patience, consistency, willpower, and hard work are just some of the traits you need to cultivate." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3070: Trying to stay under the radar with your financial success? It might not be as simple as it seems. This article explores the unintended consequences of stealth wealth - how hiding your prosperity can lead to isolation, distrust, and missed opportunities for meaningful connection. Fear can be a powerful force, shaping our decisions and holding us back from opportunities. This article examines how financial fears - whether of loss, failure, or even success - can create invisible barriers that limit growth. By recognizing and confronting these fears, we can push past hesitation and build a more secure and fulfilling financial future. Read along with the original article(s) here: https://www.earnandinvest.com/blog/stealthwealthfail AND https://www.earnandinvest.com/blog/the-wall-of-fear Quotes to ponder: "Hiding your wealth may protect you from jealousy and unwanted attention, but it can also create barriers between you and those you care about." "Authenticity matters more than secrecy - real relationships thrive on trust, not carefully managed illusions." "Fear builds walls that keep us from taking risks, but those same walls can also trap us in stagnation." "Every major financial decision comes with uncertainty, but letting fear dictate your choices means giving up control of your future." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3069: Rebuilding your finances after bankruptcy is challenging, but it’s also an opportunity for a fresh start. Kalen Bruce outlines practical steps to regain control, from tracking expenses and cutting non-essential spending to leveraging budgeting tools and creating a sustainable financial plan. By taking a proactive approach, you can turn past financial struggles into a foundation for long-term stability. Read along with the original article(s) here: https://moneyminiblog.com/budgeting/budget-after-bankruptcy/ Quotes to ponder: "Once your debts have been forgiven, you need to make sure you don’t fall back into debt." "If there is any practice that can answer the question of how to rebuild finances after bankruptcy, it is budgeting." "Look at your financial situation as a positive, clean slate, rather than feeling sorry over your previous financial failings." Episode references: FI Healthcare: https://fihealthcare.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3068: Taking financial risks wisely can be a game-changer for building long-term wealth. Vicki Cook and Amy Blacklock break down how to educate yourself on investing, assess your risk tolerance, and make informed decisions that align with your financial goals. By continuously learning and adjusting your strategy over time, you can confidently embrace risk without fear, allowing you to grow your wealth while maintaining financial security. Read along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/ Quotes to ponder: "You don’t want to become so comfortable with your investment decisions that you fail to reconsider what 'risk' means to you over time." "If a conservative approach helps you sleep better at night, investing more money for a lengthier period will build wealth too." "Your mindset will shift over time, from being fearful to courageously taking more risks." Episode references: University of Missouri Risk Tolerance Assessment: https://pfp.missouri.edu/research/investment-risk-tolerance-assessment The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-Financial-Independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3067: Vicki Cook & Amy Blacklock emphasize that controlling your finances is key to securing your future, but simply saving money isn’t enough to build long-term wealth. Inflation erodes purchasing power, making it essential to take calculated financial risks for better returns. By understanding risk tolerance, diversifying investments, and aligning strategies with financial goals, even risk-averse individuals can grow their net worth while maintaining financial security. Read along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/ Quotes to ponder: "While a savings account or CD seems like a low-risk money move, losing buying power over time is still risky." "Putting all your (financial) eggs in one basket isn’t a wise thing to do." "If you can’t risk losing any of your money, you should reconsider your plan to invest." Episode references: Financial Industry Regulatory Authority (FINRA): https://www.finra.org U.S. Securities and Exchange Commission’s Investor.gov: https://www.investor.gov Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3066: Colin Wright explores the concept of a first principles lifestyle, applying the philosophical approach of breaking ideas down to their fundamental truths. By questioning societal assumptions and inherited beliefs, he advocates for intentional living based on personal values rather than external expectations. This method encourages deep self-discovery, helping individuals build a life that aligns with their true priorities rather than cultural norms. Read along with the original article(s) here: https://exilelifestyle.com/principles-lifestyle/ Quotes to ponder: “All men are mortal, Socrates is a man, therefore Socrates is mortal.” “Everything is impossible until it’s achieved, and this way of seeing things encourages shrugging off common knowledge in favor of fundamental assessment.” “A first principles lifestyle is focused on those underlying concerns and ideals and goals.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3065: Personal finance is all about making smart sacrifices today to reap financial security tomorrow. Honey Smith explores how strategies like saving for retirement, maintaining an emergency fund, and paying off debt help build lasting wealth, even when they seem like tough choices in the short term. By prioritizing financial well-being and making intentional decisions, you can create a more stable and rewarding future. Read along with the original article(s) here: https://www.getrichslowly.org/personal-finance-and-the-long-game/ Quotes to ponder: "Personal finance is about making choices that are harder in the short term for the good of the long term." "By maintaining a reasonable balance in liquid vehicles, you decide that losing out on some dividends or interest is a smarter choice than paying interest to a credit card company when emergency strikes." "Perhaps the biggest trick to the long game is realizing that you can't do everything at once. As the saying goes, you can have anything you want, but you can't have everything you want." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3064: Budgeting doesn’t have to feel restrictive or complicated. Kumiko of The Budget Mom breaks down four common myths that hold people back from taking control of their finances, debunking the idea that budgeting is boring, too much math, or unnecessary. With a simple mindset shift, a budget can become a tool for financial freedom, allowing you to plan for both your needs and wants while creating a future that aligns with your goals. Read along with the original article(s) here: https://www.thebudgetmom.com/budgeting-lies-vs-truths/ Quotes to ponder: "If budgeting isn’t fun, you are completely doing it wrong." "You have to look at budgeting as something that allows you to spend the money you do have on the things that matter most and are the most important to you." "Your budget is a plan, a guide on how you should spend your future dollars." Episode references: Equity Trust: https://www.InvestorUnleashed.com/optimal Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3063: Life is never without challenges, and waiting for a perfectly smooth path is an illusion. Alacias Enger explores the power of radical acceptance, letting go of resistance, and embracing the unexpected to grow into our fullest selves. By cultivating financial stability and a mindset of flow rather than fear, we can navigate life's inevitable hurdles with resilience and grace. Read along with the original article(s) here: http://www.mysensewithcents.com/2021/11/theres-always-going-to-be-something.html Quotes to ponder: "Saying yes to Reality in any given moment so what’s needed can come next." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3062: FIRECracker reflects on a potential health scare and shares the top regrets of the dying, reminding us that wealth, status, and possessions are meaningless if they come at the cost of authentic living. True freedom comes from financial independence, but even more so from the courage to pursue dreams, prioritize relationships, and embrace happiness before it’s too late. Read along with the original article(s) here: https://www.millennial-revolution.com/freedom/live-life-no-regrets/ Quotes to ponder: "I wish I’d had the courage to live a life true to myself, not the life others expected of me." "I wish I hadn’t worked so hard." "I wish that I had let myself be happier." Episode references: Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3061: Michelle Schroeder-Gardner highlights seven common purchases, including furniture, weddings, medical bills, and vacations, that should never be charged unless you can pay them off in full immediately. Avoiding these costly mistakes can help you stay in control of your finances and prevent unnecessary stress. Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/11/expenses-to-never-put-on-a-credit-card-finance-furniture.html Quotes to ponder: "Just because the monthly payment seems 'doable,' it doesn’t mean that it’s what’s best for you." "Wedding debt can cause arguments, stress, financial problems, and more." "A vacation is supposed to be that - a vacation. I couldn’t imagine that a vacation would be relaxing at all if you were paying interest on it for months or years to come." Episode references: The EconoMe Conference YouTube Channel: https://www.youtube.com/@EconoMeConference Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3060: Tracking every purchase and asking three simple questions can revolutionize your spending habits. Kalen Bruce highlights the power of intentionality in finances, encouraging mindfulness about whether a purchase is necessary, if there’s a more cost-effective way to buy it, and if quality should be prioritized. By applying this approach to everything from groceries to major expenses like housing and insurance, you can reduce wasteful spending and improve your financial well-being. Read along with the original article(s) here: https://freedomsprout.com/intentional-spending/ Quotes to ponder: "This is a way to stop that. Basically, you’re going to track everything you buy, just like you would when you start budgeting, but you’re going to actually talk about every single purchase." "It pays to spend more on quality, whether for your health or for your wallet. Or both." "If you’re intentional about the things you’re spending your money on, you’re going to spend less and spend on the right things - improving your financial health." Episode references: Intentional Children: https://www.amazon.com/Intentional-Children-Raising-Money-Smart-Intention/dp/1734973439 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3059: Jeff Rose reflects on his father's financial struggles, revealing how stress from debt contributed to his declining well-being and ultimate passing. By recognizing warning signs like constant financial anxiety, relying on credit to pay off credit, and frequently borrowing money, we can step in to help loved ones break the cycle before it's too late. Read along with the original article(s) here: https://www.goodfinancialcents.com/dear-dad-why-did-you-let-debt-kill-you/ Quotes to ponder: "It wasn’t his heart alone that killed him, it was his debt." "If someone is using one credit card to pay the minimum payment on another, or taking out a cash advance on a card to make a payment, there are multiple problems." "Don’t wait or sit back silently, hoping something will change. Become an agent of change. When you see the warning signs, speak up." Episode references: You Need a Budget App: https://www.youneedabudget.com Soldier of Finance: https://www.amazon.com/Soldier-Finance-Charge-Invest-Future/dp/0814433286 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3058: Joshua Becker explores practical ways to guide young people in resisting materialism, understanding advertising influence, and prioritizing experiences over possessions. By fostering mindful consumption habits early, parents can empower teens to make thoughtful financial choices that align with their values. Read along with the original article(s) here: https://www.becomingminimalist.com/consumer-conscious-teens/ Quotes to ponder: "Marketers spend billions of dollars every year targeting our children with advertisements, hoping to shape their buying habits for decades to come." "Help them see that happiness is not found in the accumulation of possessions, but in the pursuit of meaning, relationships, and contribution." "The best way to help our teenagers become wise consumers is to model it ourselves." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3057: Andy Hill shares how this decision helped his family stay disciplined, build wealth faster, and eliminate debt years ahead of schedule. If paying off your mortgage early aligns with your goals, his insights might just inspire you to rethink your home loan strategy. Read along with the original article(s) here: https://marriagekidsandmoney.com/5-reasons-to-choose-a-15-year-mortgage Quotes to ponder: "We would be saving nearly $100,000! Instead of giving the mortgage company $95,130, we decided to keep it." "When we're completely debt-free, we're going to be able to live more, give more, and save more." "The 15-year helps to accelerate the mortgage payoff process and brings us closer to a more stress-free lifestyle in the Hill house." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3056: J. Money explores whether saving $50 a day is realistic and how to make it painless. By identifying small spending leaks, making simple swaps, and staying intentional with money, you can build a solid financial cushion without feeling deprived. These practical tips prove that smart saving is more about mindset than sacrifice. Read along with the original article(s) here: https://www.budgetsaresexy.com/save-50-day-and-feel-no-pain-hmmi-dunno/ Quotes to ponder: "Saving money isn’t always about cutting out the fun, it’s about being more intentional with where your dollars go." "When you track your spending, you start to notice patterns and little leaks where money slips away unnoticed." "Small changes, like brewing coffee at home or packing lunch, add up faster than you think." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3055: Steven Keys challenges conventional wisdom, highlighting how herd mentality can lead to poor choices in finance, lifestyle, and beyond. By seeking out unconventional perspectives, prioritizing logic, and boldly carving your own path, you can break free from societal norms and create a life that truly fits you. Read along with the original article(s) here: https://www.tripofalifestyle.com/perspective/everyone-else-could-be-wrong/ Quotes to ponder: "You really shouldn’t go along with anyone, majority or minority, blindly." "Even if you ask more people or find more resources, you’ll have a psychological tendency to ignore the outliers, even when they’re actually correct." "When you open yourself up to the possibility of thinking differently from everyone else, you set yourself free." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3054: Barney of TheEscapeArtist.me explains how to calculate your runway, why an emergency fund is essential, and how financial independence shifts your options and decision-making. More runway means more freedom, but the benefits plateau after a certain point, making it crucial to define what "enough" means for you. Read along with the original article(s) here: https://theescapeartist.me/2021/10/19/the-more-runway-you-have-the-safer-you-are/ Quotes to ponder: "The moral of this story is that the more runway you have, the safer you are." "You need to have a margin of safety in your life. Some redundancy in your personal finances in case of redundancy in your career." "It is HUGE to go from having no runway to having the ability to take a year off. But just going from 25x to 26x shouldn’t really change your life much." Episode references: The Psychology of Money by Morgan Housel: https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3053: Traditional savings accounts might be holding you back. Tiffany "The Budgetnista" Aliche highlights the power of online-only savings accounts, explaining how they offer higher interest rates, fewer fees, and better financial discipline by keeping your savings out of easy reach. Learn how to set one up and maximize your money with smart, simple strategies. Read along with the original article(s) here: https://thebudgetnista.com/the-power-of-an-online-only-savings-account/ Quotes to ponder: "An online-only savings account is like a financial gym - it helps strengthen your saving muscles by keeping your money separate from your daily spending." "When your savings account is harder to access, you're less likely to dip into it for impulse purchases." "Online banks often offer interest rates that are 10 to 20 times higher than traditional banks. That means your money grows faster - without any extra effort." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3052: JL Collins breaks down how to shift your mindset from short-term price fluctuations to long-term ownership, using VTSAX as a prime example of investing in the entire U.S. economy. Learn why patience, resilience, and a buy-and-hold strategy can lead to financial security over time. Read along with the original article(s) here: https://jlcollinsnh.com/2013/06/14/stocks-part-ixx-how-to-think-about-money/ Quotes to ponder: "You can’t successfully dance in and out of the Market." "As long as the company is sound, the fluctuations in its stock price are fairly inconsequential." "Nothing is sure, but I can’t think of a surer bet than this." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3051: JL Collins breaks down the mindset shift needed to stop thinking about what money can buy and start focusing on what it can earn. By understanding opportunity cost and the power of compounding, you can make choices that lead to long-term prosperity rather than fleeting riches. Read along with the original article(s) here: https://jlcollinsnh.com/2013/06/14/stocks-part-ixx-how-to-think-about-money/ Quotes to ponder: “It’s not hard. Stop thinking about what your money can buy. Start thinking about what your money can earn. And what the money it earns can earn.” “You have probably heard of The Magic of Compounding. As your savings grow, you earn interest on a bigger and bigger pool of money.” “One of the beauties of being financially independent is that by definition you will have enough money so that the power of Compounding is greater than the Opportunity Cost of what you spend.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3050: Nia Shanks emphasizes the importance of finding an approach to training and eating that works for you rather than forcing a method that causes stress or doesn’t align with your preferences. Whether it’s strength training, intermittent fasting, or another nutrition plan, success comes from experimentation and personalization, not rigid adherence to popular advice. Read along with the original article(s) here: https://www.niashanks.com/reason-not-getting-results-what-to-do/ Quotes to ponder: "You don’t have to do what’s popular or what other experts swear by if that method doesn’t fit your lifestyle and personality." "Bottom line with nutrition is don’t be afraid to experiment and discover what works for you." "Bottom line, if a particular method doesn’t fit your personality or mesh with your lifestyle, then don’t force it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3049: Changing jobs for a higher salary can be tempting, but Philip Taylor argues that money alone shouldn’t be the deciding factor. Job satisfaction, stability, and lifestyle impact are key considerations, as frequent job-hopping can lead to long-term dissatisfaction. While salary surveys can help determine fair pay, sometimes staying put and building career capital offers more benefits than chasing a bigger paycheck. Read along with the original article(s) here: https://ptmoney.com/changing-jobs-for-more-money-is-it-worth-it/ Quotes to ponder: "You absolutely hate what you do; if you don’t, you’re likely to be miserable and just go about the motions because you need the money." "When you change jobs just for the money, there’s no end to it; you tend to keep job-hopping all your life, flitting like a bee from flower to flower without really gathering anything of substance." "All things being equal, you need to get the best salary that the market will pay." Episode references: PayScale Salary Survey: https://www.payscale.com/ Salary.com: https://www.salary.com/ Money.com Best Places to Live: https://money.com/best-places-to-live/ So Good They Can’t Ignore You: https://www.amazon.com/So-Good-They-Cant-Ignore/dp/1455509124 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3048: Jacob Lund Fisker dissects common spending habits, from frequent furniture replacements to excessive transportation costs, revealing how consumerism encourages unnecessary expenses that make financial freedom seem out of reach. By plugging these financial leaks, it's possible to live comfortably on far less while enjoying a higher quality of life. Read along with the original article(s) here: http://earlyretirementextreme.com/your-budget-is-like-sinking-ship.html Quotes to ponder: "Most of the waste is, however, on leaks and quantity; not quality." "Every activity must be bleeding money. Perhaps this explains the common misconception that spending less means 'not really living' or 'living deprived' or 'having a lower standard.'" "How can anyone enjoy the journey when having to deal with the problem of running the bilge pump all the time? Why not take care of the leaks?" Episode references: Investopedia - Consumerism: https://www.investopedia.com/terms/c/consumerism.asp Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3047: Having interviewed over 40 everyday millionaires, ESI of ESIMoney.com uncovers the key habits that lead to wealth. High income, disciplined saving, and early, consistent investing stand out as the core principles that set millionaires apart. Avoiding financial pitfalls and making smart money moves further accelerate their journey proving that financial success is more about mindset and discipline than luck. Read along with the original article(s) here: https://esimoney.com/lessons-from-millionaires/ Quotes to ponder: "Having a high income is a great asset. Even people with high incomes can spend it all, so while many millionaires have high incomes, they also have something more valuable: self-control to limit their spending." "Millionaires use this to their advantage. They invest early, often, and at high amounts. Then they let this money sit and compound (usually in index funds) year after year and decade after decade." "My challenge to you is to ask yourself which of the tips mentioned you are missing. Which of these can you attack and get just a bit better at over time?" Episode references: The Millionaire Next Door: https://www.amazon.com/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3046: Chris of KeepThrifty.com shares key lessons from his own experience, emphasizing the importance of retiring to something rather than just from something, preparing mentally as well as financially, and structuring free time to create a fulfilling life. These insights can help you make the most of your retirement, whether it’s temporary or permanent. Read along with the original article(s) here: https://www.keepthrifty.com/before-you-retire-lessons-from-mini-retirement/ Quotes to ponder: "Don’t retire from something, retire to something." "Understanding who I am outside of my job has been one of my toughest and most valuable lessons from this mini-retirement." "By defining clear boundaries and structure, we’ve been able to turn the blessing of free time in retirement from something good to something great." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3045: Earning less money each year might seem like a setback, but it can actually be a hidden advantage. By gradually reducing income, financial habits shift towards frugality, creativity, and long-term sustainability, making financial independence more achievable. This perspective challenges the traditional belief that constant income growth is the only path to success. Read along with the original article(s) here: https://financialpanther.com/the-unexpected-benefit-of-earning-less-money-each-year/ Quotes to ponder: "Making less money forces you to be more creative with how you earn and spend." "When your income drops, you start asking yourself what really matters." "Instead of feeling like you need to make more money, you learn to make do with what you have." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3044: Amberly Grant explores the balance between smart financial choices and living a fulfilling life, emphasizing that financial independence should enable joy, not postpone it indefinitely. She shares her own journey, illustrating how embracing adventure and relationships can coexist with responsible planning for the future. Read along with the original article(s) here: https://www.fiology.com/delay-of-gratification/ Quotes to ponder: "Delayed gratification does not mean delayed joy." "The financial independence journey is about learning how to live the life you want, not about racing to a magic bank account balance." "If I say no to opportunities as rewarding as this, I wouldn’t be supporting my true self." Episode references: I Will Teach You to Be Rich by Ramit Sethi: https://www.amazon.com/I-Will-Teach-You-Rich/dp/1523505745 EconoMe Conference: https://economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3043: Lisa Harrison shares how embracing the dollar store has helped her save money on everyday essentials without compromising on value. Her story is a reminder that financial savviness isn’t about where you shop, but how wisely you spend, regardless of what others might think. Read along with the original article(s) here: https://madmoneymonster.com/2021/07/12/why-i-love-shopping-at-the-dollar-store/ Quotes to ponder: "I mean, if it’s good enough for someone who used to call 1600 Pennsylvania Avenue home, it’s certainly good enough for me and you." "Seriously, people need to get over themselves and simply save a buck wherever and whenever they can." "After all, you really shouldn’t care where you buy your toilet paper or pool noodle. I certainly don’t." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3042: How do we know if our reality is the true one? Steve Pavlina explores the nature of subjective and objective reality, challenging us to question our perceptions and consider alternative viewpoints. By examining how beliefs shape our experiences, he invites us to expand our awareness and take greater control over our personal growth. Read along with the original article(s) here: https://www.stevepavlina.com/blog/2005/03/my-reality-or-yours/ Quotes to ponder: "My reality is the one that makes the most sense to me, but that doesn’t mean it’s the only reality." "If you assume reality is objective, you’ll seek truth by trying to eliminate perceptual biases. If you assume reality is subjective, you’ll seek truth by aligning your thoughts with your desires." "Perhaps the most intelligent choice is not to rigidly lock onto a single model of reality but to consciously select the model that best serves us in each moment." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3041: Simon Zhen applies Sun Tzu’s Art of War to the fight for financial independence, offering timeless wisdom on how to aggressively eliminate debt and defend yourself against its return. From avoiding prolonged struggles with interest to maintaining a strong offense, these war tactics provide a blueprint for achieving lasting financial freedom. Read along with the original article(s) here: https://www.financialsamurai.com/sun-tzus-art-of-war-applied-to-your-battle-against-debt/ Quotes to ponder: "Every battle is won before it is ever fought." "There is no instance of a country having benefited from prolonged warfare. In war, then, let your great object be victory, not lengthy campaigns." "If you know the enemy and know yourself, you need not fear the result of a hundred battles." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3040: A Purple Life argues that pursuing financial independence is the wimpy way out, allowing people to build an impenetrable safety net before taking any leaps. By carefully structuring each transition from remote work to downsizing to local nomadism the journey to early retirement becomes a series of calculated baby steps rather than a daring plunge. Read along with the original article(s) here: https://apurplelife.com/2020/08/25/fire-is-for-wimps/ Quotes to ponder: “We build an adamantium safety net and THEN jump. We are literally the wimpiest people ever.” “Instead of quitting our corporate job to pursue our passions through entrepreneurship or live the exact life we dream of from Day 1, we don’t just do it. We don’t just take that leap.” “I created the best life I could and then figured out how I could inchworm my way towards my post-career life.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3039: Harry N. Stout explains the two types of 529 Plans, college savings plans and prepaid tuition plans, along with their benefits, potential drawbacks, and flexibility in case of changing circumstances. Understanding these plans can help families make informed financial decisions while balancing college savings with long-term financial security. Read along with the original article(s) here: https://www.financialverse.com/post/savings-tax-breaks-for-middle-america-529-plans Quotes to ponder: "Funds in a 529 Plan grow federal tax-free and will not be taxed when the money is withdrawn for qualified education expenses." "There are a myriad of situations that can arise in the future such as the death of a child, the receipt of full academic or athletic scholarships, or the receipt of employer educational assistance." "Your child can take out a loan for school, you however cannot take out a loan for your retirement." Episode references: Saving for College: https://www.savingforcollege.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3038: Having a traditional emergency fund is essential, but Christina Browning highlights four alternative funds that provide extra financial security in unexpected situations. From keeping a stash of cash for immediate needs to maintaining a backup account at a local bank, she explains why diversifying your emergency funds is just as important as saving for the future. Whether it's utilizing credit cards strategically or ensuring you have a reliable person to turn to, these practical tips help you stay prepared for any financial crisis. Read along with the original article(s) here: https://www.ourrichjourney.com/post/four-emergency-funds-you-need-not-including-the-traditional-emergency-fund Quotes to ponder: "A stash of cash that is greater than the amount you can withdraw from an ATM is vital if you need a large amount of money immediately in an emergency situation." "Having one card of all three means you know at least one will be accepted when you need to spend or withdraw that money." "The idea that you’re totally on your own can be anxiety-provoking regardless of how financially responsible you are." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3037: Wanderer of Millennial Revolution breaks down how certain workers, like educators, healthcare professionals, and government contractors can contribute to multiple tax-advantaged accounts simultaneously, slashing taxable income by tens of thousands of dollars. Many employees miss out simply because HR departments don’t advertise these options, but knowing the rules can help accelerate financial independence and early retirement. Read along with the original article(s) here: https://www.millennial-revolution.com/invest/workshop-invest/investment-workshop-42-double-fisting-retirement-accounts/ Quotes to ponder: "This is a guy who deliberately took on student debt because he was able to somehow get it at a rate of 0.75%, then turned around and invested it in treasuries and made money off it." "It’s possible to qualify for multiple accounts at the same time." "If you don’t take advantage of it, that contribution room is gone forever." Episode references: How to Access Retirement Funds Early - Mad Fientist: https://www.madfientist.com/how-to-access-retirement-funds-early/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3036: Darrow Kirkpatrick explores strategies like the 72(t) Rule, home equity loans, and special tax exemptions, highlighting both their benefits and risks. While taxable accounts offer the most flexibility, understanding these alternatives can provide financial freedom before reaching 59½. Read along with the original article(s) here: https://www.caniretireyet.com/generating-retirement-income-before-age-59/ Quotes to ponder: "Once you start down the 72(t) road you are essentially locked in for a period of time." "If you take out any kind of loan in early retirement, you are assuming that you will have the cash flow later in retirement to easily pay off the loan." "The very best way to save for early retirement is probably to max out your tax-sheltered account contributions and then keep on saving into taxable accounts during your working years." Episode references: Dinkytown.net: https://www.dinkytown.net CalcXML: https://www.calcxml.com "How to Access Retirement Funds Early" by Mad Fientist: https://www.madfientist.com/how-to-access-retirement-funds-early 72T.net: https://72t.net Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3035: Darrow Kirkpatrick explores various strategies, from leveraging taxable investment accounts to taking advantage of Roth contributions and employer-based 401(k) rules. With careful planning, it's possible to generate income while preserving long-term financial security. Read along with the original article(s) here: https://www.caniretireyet.com/generating-retirement-income-before-age-59/ Quotes to ponder: "You can withdraw the contributions you made to your Roth at any time, and you pay neither taxes nor penalties." "Taxable accounts are the unsung heroes of retirement saving." "Depending on the timing, this rule could give you more than four years of penalty-free retirement income before reaching age 59-½." Episode references: Oblivious Investor post on the Age 55 Rule: https://obliviousinvestor.com/ How to Access Retirement Funds Early by Mad Fientist: https://www.madfientist.com/how-to-access-retirement-funds-early/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3034: Kalen Bruce breaks down the five ways money is earned, helping parents teach kids financial responsibility. Money comes from work, ideas, investments, generosity, and luck - each playing a role in shaping financial habits. By understanding these sources, children can develop a strong work ethic, creativity, and a sense of stewardship over their finances. Read along with the original article(s) here: https://freedomsprout.com/where-money-comes-from/ Quotes to ponder: "Before kids understand any other place money comes from, they need to know it comes from work." "Ideas themselves don’t produce money, but kids need to know that ideas can definitely lead to money." "Kids need to know where money comes from as early on as possible. Once they understand it’s something that is worked for and created, they can start to develop their own ideas for how they’ll acquire money." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3033: Elizabeth from TheBudgetMom.com shares six essential tips for getting started, including assessing your finances, starting with residential properties, and building a strong team of professionals. By staying informed and having a solid strategy, you can navigate the risks and maximize the rewards of property investment. Read along with the original article(s) here: https://www.thebudgetmom.com/tips-for-getting-started-in-property-investment/ Quotes to ponder: "You need to take a look at your finances. Make a note of your expenses, income, and even assets so that you know exactly what you have and what changes you need to make to have enough capital." "One mistake I made with one of my first investments was letting my heart rule my decisions. It turns out; most people want clean and easy." "Part of being well informed includes staying safe. So this means avoiding pesky get-rich-quick schemes because they usually turn out to be a waste of time and money in the end." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3032: Sierra Black explores how renting can often be the smarter financial choice, especially for items that depreciate quickly or have limited use. By weighing costs, resale value, and usage frequency, you can make informed decisions that maximize value and minimize waste. Read along with the original article(s) here: https://www.getrichslowly.org/when-renting-is-smarter-than-buying/ Quotes to ponder: "Most products aren't investments. They lose value the moment you take them home from the shop, and continue to depreciate the longer you own them and the more you use them." "Anytime you're buying something you have a limited use for, you might want to pause and consider renting instead." "The key is to answer the questions mentioned and figure out if it will cost you more to rent or buy the thing you want." Episode references: Chegg (textbook rentals): https://www.chegg.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3031: Amanda from WomenWhoMoney.com explores the balance between time and money, highlighting how excessive bargain hunting, couponing, and DIY projects can sometimes have diminishing returns. Instead of focusing on minor savings, prioritizing big wins like reducing housing, transportation, and food costs can lead to greater financial stability and more freedom to enjoy life. Read along with the original article(s) here: https://womenwhomoney.com/time-spent-searching-savings-costs-time-money/ Quotes to ponder: "People search for ways to 'save money' on Google more than three times as much as they search for ways to 'save time.'" "An ounce of prevention is worth a pound of cure." "Once your time is gone, you can’t get it back." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3030: Brokers may not always have your best interests at heart, and Jeff Rose exposes the conflicts of interest that can cost you money. From hidden commissions to misleading titles, understanding these industry secrets can help you make smarter investment decisions. Learn how to protect yourself, identify trustworthy advisors, and take control of your financial future. Read along with the original article(s) here: https://www.goodfinancialcents.com/what-your-broker-financial-advisor-wont-tell-you/ Quotes to ponder: "Your broker might not have your best interest in mind when they make recommendations to you." "Your broker’s success can have little relation to your own. This represents a misalignment of interests that may cause your broker to benefit at your expense." "Brokers may be using deceptive titles to give you the wrong impression about their compensation model and qualifications." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3029: Doc G reflects on how he avoided financial missteps despite never receiving formal financial education. Growing up in a household where his parents modeled financial intelligence through frugality, strategic investing, and entrepreneurship, he absorbed valuable money habits without realizing it. Now, as he raises his own children, he aims to pass down not only the habits but also the financial knowledge that can empower them for life. Read along with the original article(s) here: https://www.earnandinvest.com/blog/why-im-not-a-financial-moron Quotes to ponder: "They paved the way with good habits, frugality, and an appetite for risk taking." "I'm pretty sure that my parents saved at least fifty percent of their income for most of their careers." "I can't remember a single thing I purchased throughout childhood. But I sure do remember those trips." Episode references: EconoMe Conference: https://economeconference.com The White Coat Investor: https://www.whitecoatinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3028: Chris Reining explains how to approach investing with a long-term mindset, recognizing market fluctuations as opportunities rather than distractions. By blending analysis with intuition, successful investors develop a skill that, much like art, takes years to refine. Read along with the original article(s) here: https://chrisreining.com/art-of-investing/ Quotes to ponder: "The stock market is there to serve you. When it offers a good business at a bad price you do nothing. When it offers a good business at a good price you buy." "The longer you invest the more you realize that being good at investing has little to do with combing through mountains of data or spending hours crunching numbers." "To be good is blending science and art. It’s hard data and soft data. Left brain, right brain." Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-Financial-Independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3027: Barney of The Escape Artist explores the psychological and financial impact of taking on a large mortgage, highlighting how debt can limit your freedom and choices. With a mix of personal experience and sharp financial insights, he emphasizes the importance of reducing mortgage debt strategically to regain control, build wealth, and ultimately, achieve financial independence. Read along with the original article(s) here: https://theescapeartist.me/2014/05/27/mortgages-and-the-bankers-jar/ Quotes to ponder: "If ever in your life you get the urge to do something risky, exciting, different or adventurous, chances are you will not because you won’t have the balls to do it." "A mortgage is like a chainsaw. It's a powerful but slightly scary tool to be used carefully for a short period of time in a domestic situation. If you get it wrong, it might lop off a limb or two." "There is an optimal level of mortgage fear. A little edge of unease can be helpful as motivation to get out of the hole as quickly as possible. Too much fear, however, can paralyze and persistent debt worries will eat away at you." Learn more about your ad choices. Visit megaphone.fm/adchoices

Leo Babauta of Zen Habits shares how he finally faced his weight and debt problems. Episode 3026: How I Finally Faced My Weight & Debt Problems by Leo Babauta of Zen Habits on Finding Simplicity 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: https://zenhabits.net/ohno Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3025: Joshua Becker challenges this common financial filter, explaining why it’s incomplete and often misleading. Instead, he suggests five better questions to guide spending decisions, helping align purchases with personal goals, motivations, and long-term financial well-being. Read along with the original article(s) here: https://www.becomingminimalist.com/can-i-afford-it/ Quotes to ponder: "Can I afford it? is a terrible filter because the answer is always subjective." "Everything we buy takes up physical space in our home and mental space in our mind." "With every purchase, we sacrifice a small amount of freedom." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3024: Mr. 1500 explains how index funds like VTSAX make investing even simpler, allowing you to focus on what truly brings you joy while your money works for you. Read along with the original article(s) here: https://www.1500days.com/how-i-hired-the-best-people-in-the-world-to-make-me-rich/  & https://www.1500days.com/ask-the-readers-the-crappy-couch-cacophony/ Quotes to ponder: "It gives me great satisfaction to know that some of the most brilliant leaders today are on my payroll. I get to pursue what I want and they fund it." "If I give VTSAX $1,000,000 to manage, I pay $400 per year in fees. That’s an incredible value. Take my money, VTSAX." "Who am I to judge another human’s choices? Their choices are a culmination of decades of experience that I have no knowledge of." Episode references: Mile High FI Podcast: https://milehighfi.com EconoMe Conference: https://economeconference.com The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-Financial-Independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3023: Early retirement enthusiasts often base their plans on the 4% rule, but Jillian Johnsrud highlights the emotional and psychological challenges this approach can create. By exploring how transitions like leaving work can disrupt the satisfaction of earning and saving, Jillian advocates for a more personalized and flexible approach to financial independence. Her insights empower listeners to design retirement strategies that align with their values and happiness, instead of rigid formulas. Read along with the original article(s) here: https://www.jillianjohnsrud.com/trouble-with-the-4-rule/ Quotes to ponder: "A plan that felt a little more palatable when the time comes to leave your 9-5 job." "Transitions deregulate us. Every time." "You can have 100% confidence in the 4% rule and still not enjoy pulling out 4% a year." Episode references: Tickets to EconoMe Conference: https://economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3022: Taking chances might seem risky, but as Kevin of Financial Panther points out, we already make all-in bets on our careers, relationships, and life choices without even realizing it. Rather than fearing the unknown, embracing uncertainty can be freeing especially when most decisions aren’t as life-altering as they seem. By recognizing that we’ve already taken big leaps, we can give ourselves permission to take more chances on what truly matters. Read along with the original article(s) here: https://financialpanther.com/the-myth-of-diversification/ Quotes to ponder: "It took me a long time to take a chance on myself even after years of finding myself unhappy with the work I was doing." "The worst-case scenarios that we think about rarely happen and even the worst-case scenarios usually aren’t as bad as we think they are." "If you’re going to put everything on the line anyway, you might as well put it all on the line for something you really want." Episode references: Qube Money: https://qubemoney.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3021: Understanding your net worth is a powerful tool for financial awareness. Jackie Beck breaks down how to calculate it, why it matters, and how tracking it over time can guide your financial decisions. Whether you're aiming to pay off debt or build wealth, knowing where you stand helps you set meaningful goals and measure progress. Read along with the original article(s) here: https://www.jackiebeck.com/net-worth/ Quotes to ponder: "Net Worth = Assets - Liabilities. It’s as simple as that, but understanding this equation can change how you approach your finances." "You live your life, not anyone else’s, so paying attention to your money is key." "Knowing where you are money-wise can help you pick what to focus on. That’s important if you want to reach your goals." Episode references: Tiller’s Spreadsheet: https://www.tillerhq.com/ Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3020: JL Collins breaks down the key factors in determining your asset allocation, focusing on risk tolerance, flexibility, and financial standing. He explains how these elements shape investment decisions, highlights personal examples, and offers insights into balancing stocks and bonds based on your financial stage. Whether you're in wealth accumulation or preservation, this guide helps you craft a strategy suited to your goals. Read along with the original article(s) here: https://jlcollinsnh.com/2014/06/10/stocks-part-xxiii-selecting-your-asset-allocation/ Quotes to ponder: "Only you can decide, but if ever there was a time to be brutally honest with yourself, this is it." "For the smoothest transition, you might start slowly shifting into your bond allocation 5 or 10 years before you are fully retired." "It is better to buy and sell in tax-advantaged accounts to avoid creating taxable events." Episode references: Never Pay Taxes Again: https://www.gocurrycracker.com/never-pay-taxes-again/ The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-Financial-Independence/dp/1533667926 Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3019: JL Collins emphasizes the power of simplicity in investing, advocating for a two-fund strategy using VTSAX (stocks) and VBTLX (bonds) to navigate the wealth acquisition and preservation stages. He explains that while 100% stocks often yield the best returns, adding a small percentage of bonds can smooth volatility. The key to success isn’t complexity but discipline staying the course through market ups and downs while keeping costs low. Read along with the original article(s) here: https://jlcollinsnh.com/2014/06/10/stocks-part-xxiii-selecting-your-asset-allocation/ Quotes to ponder: “There is a major crash coming and you’ve got to toughen up, cupcake, because nobody can predict when, despite all those claiming they can.” “The more you hold in stocks the better your results and the more gut wrenching the volatility you’ll be required to endure.” “Making a few sound choices and letting them run is the essence of success, and the soul of the simple path to wealth.” Episode references: Vanguard Retirement Nest Egg Calculator: https://retirementplans.vanguard.com/VGApp/pe/pubeducation/calculators/RetirementNestEggCalc.jsf Betterment: https://www.betterment.com The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-Financial-Independence/dp/1533667926 Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3018: Small habits shape our lives more than we realize, and Steve Chou explains how a single tiny change can set off a chain reaction of lasting success. By shifting just one routine, you can reshape your mindset, build momentum, and create exponential growth over time. Understanding the power of habit formation unlocks your potential for long-term transformation. Read along with the original article(s) here: https://mywifequitherjob.com/your-habits-and-how-one-small-change-can-lead-to-long-term-success/ Quotes to ponder: "Small changes, when consistently repeated, create exponential results over time." "The habits you cultivate today determine the trajectory of your future success." "Success isn’t built overnight; it’s the result of tiny, consistent steps taken over time." Episode references: Atomic Habits: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299 Tiny Habits: https://www.amazon.com/Tiny-Habits-Changes-Change-Everything/dp/0358003326 The Power of Habit: https://www.amazon.com/Power-Habit-What-Life-Business/dp/081298160X Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3017: Many high-income earners still struggle financially, living paycheck to paycheck due to unchecked spending habits. Christina Browning of OurRichJourney.com highlights key reasons why, from overspending on housing, cars, and gadgets to financing vacations and keeping up appearances. By identifying these pitfalls and shifting toward mindful money management, financial independence becomes more attainable. Read along with the original article(s) here: https://www.ourrichjourney.com/post/the-10-reasons-why-youre-living-paycheck-to-paycheck Quotes to ponder: "You don’t know where your money is going this is a pretty basic one, and can easily be solved by making a budget and tracking your expenses." "Keeping up with the Joneses is nowhere near as important as having assets and financial stability." "Vacations can cost big money! My recommendation to you: budget for your vacation, plan your vacations out ahead of time, save for your vacations, and don’t go into debt over a vacation!" Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3016: Firecracker reflects on her past as a "hater," resisting the hard truths of Larry Smith's TED talk on fear and excuses. Over time, she recognizes that her resistance was rooted in fear of failure, leading her to push past self-doubt and pursue her dreams. Her journey highlights the power of self-awareness, the courage to face discomfort, and the importance of stepping out of the safety of excuses to build a fulfilling life. Read along with the original article(s) here: https://www.millennial-revolution.com/freedom/i-used-to-be-a-hater/ Quotes to ponder: "When you’re afraid, it’s easy to become a hater. Because haters don’t need to step into the arena, they don’t need to look ridiculous, they don’t need to show up, day after day, week after week, year after year." "I’m glad I’m not a hater anymore. I’m glad I pushed past the fear. I’m glad I got to where I am today because I refused to let myself get too comfortable." Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3015: Daneika of Learning2Fly.org shares five essential financial habits every powerful woman should cultivate to create financial freedom and stability. From paying yourself first and living below your means to eliminating debt and building an opportunity fund, these habits empower women to take control of their financial future. By mastering these principles, you'll have the flexibility to embrace opportunities and navigate life's uncertainties with confidence. Read along with the original article(s) here: https://learning2fly.org/5-financial-habits-every-powerful-woman-needs/ Quotes to ponder: "Your biggest financial obligation is to yourself first." "The more of a gap you can create between what you earn and what you spend, the easier it will be to navigate a sudden job loss, an unexpected medical condition, or major car repair." "Whatever long-term goals you may have, deciding to create an opportunity fund for yourself will give you the ability to say yes to your deepest desires and dreams in the future." Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3014: Reviewing your insurance policies annually can save you money and ensure you have the right coverage. Harry Stout emphasizes the importance of shopping around for auto, home, and renters insurance, maximizing discounts, and considering a personal umbrella liability policy for added protection. Small adjustments like bundling policies, improving your credit score, or raising deductibles can lead to significant savings while keeping you financially secure. Read along with the original article(s) here: https://www.financialverse.com/post/review-your-car-home-or-renters-insurance Quotes to ponder: "You can save money on your home, renters, and car insurance coverage by taking some time once per year to see if you are getting a competitive price for the coverage you need." "Raising your deductible can save you as much as 25% on your premium." "Shopping around with different insurance carriers will make sure you have the best rates possible." Episode references: Insurance Information Institute: https://www.iii.org Top Tips for The Best Car Insurance Plan: https://cheapquotesautoinsurance.com/top-tips-for-the-best-car-insurance-plan Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3013: J. Money breaks down Mark Cuban’s no-nonsense approach to getting rich, emphasizing discipline, smart spending, and having cash ready for opportunities. Cuban warns against get-rich-quick schemes, promotes lifelong learning, and challenges conventional retirement savings by prioritizing cash liquidity over long-term stockpiling. J. Money adds his own insights, making wealth-building feel practical, strategic, and achievable. Read along with the original article(s) here: https://www.budgetsaresexy.com/mark-cuban-how-to-get-rich/ Quotes to ponder: "There are no shortcuts. NONE. If a deal is a great deal, they aren’t going to share it with you." "Save as much money as you possibly can. Every penny you can. no matter what." "It doesn’t matter what it is. Whatever your hobbies, interests, passions are, find the one you love the best and GET A JOB in the business that supports it." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3012: Jen Hayes breaks down five common money habits that could be keeping you broke. From emotional spending to avoiding financial planning, these behaviors can quietly sabotage your financial health. Learn how to spot these habits and replace them with smarter choices to build long-term financial security. Read along with the original article(s) here: https://www.jenhayes.me/5-terrible-money-habits-keeping-you-broke/ Quotes to ponder: "Emotional spending feels good in the moment, but it can wreck your budget in the long run." "Small daily expenses, like coffee runs and impulse buys, add up faster than you think." "Without a plan, money disappears - it’s time to take control and tell it where to go." Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3011: Julien Saunders challenges us to rethink common expenses, from greeting cards to kitchen gadgets, that drain resources unnecessarily. By examining these habits, he highlights the power of questioning societal norms and embracing creative alternatives to better align spending with personal values and financial goals. Read along with the original article(s) here: https://richandregular.com/5-things-you-should-stop-wasting-money-on/ Quotes to ponder: "Do I literally hate greeting cards? Of course not. Well, at least not as much as I hate the excuses some people make for not having enough money to save and invest." "In a world where we can push a button on a screen and actually see someone’s face in real-time, the process of sending greeting cards seems more like a wasteful commitment to clutter and inefficiency than a heartfelt notion." "Whether it’s finally pulling the plug on a stalled career, quitting a cash-draining hobby turned business endeavor, or realizing that we may actually never grow into our home, there are likely better decisions we could all be making with our money." Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3010: Zoe Kim’s insight into minimalism explores how simplifying your life can lead to greater clarity, purpose, and emotional well-being. Through her thoughtful perspective, she demonstrates how owning and wanting less creates space for what truly matters. Read along with the original article(s) here: https://nosidebar.com/life-of-minimalism/ Quotes to ponder: "A minimalist life removes the distractions of excess to make room for more important pursuits." "Simplicity isn’t about deprivation; it’s about intention and clarity." "Owning less is great, but wanting less is even better." Episode references: Becoming Minimalist Blog: https://www.becomingminimalist.com Simplify Magazine: https://simplifymagazine.com The Minimalist Home: https://www.amazon.com/Minimalist-Home-Room-Room-Decluttered/dp/1601427999 Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3009: Chris of KeepThrifty.com explores the trade-offs between prepaying your mortgage and investing, emphasizing the role of risk tolerance and personal preferences. While investing often yields higher returns, the guaranteed stability of prepayments can bring peace of mind, especially for those who value financial certainty over potential gains. Read along with the original article(s) here: https://www.keepthrifty.com/2016/06/05/prepay-vs-invest.html Quotes to ponder: "Much of our momentum on paying the mortgage down can be attributed to the prepayments we’ve made along the way." "For my risk-profile, the relative downside (pain) of losing $33,000 is more impactful than the relative upside (gain) of getting $55,000." "Before you make any major financial decision, do the math and know your mentality!" Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3008: Sam from Financial Samurai explores the consequences of closing credit cards, sharing personal insights and practical advice to safeguard your credit score and financial health. By understanding key factors like credit history, credit line usage, and account management, you can make informed decisions about whether to keep or close your credit cards. Read along with the original article(s) here: https://www.financialsamurai.com/should-i-close-out-my-credit-cards/ Quotes to ponder: "To build a good credit score, you need to prove you can handle credit!" "If a credit card doesn’t have an annual fee, I see little reason to close it unless, of course, you think it will tempt you to overspend." "Work on kicking your addictive habits first, before using a credit card." Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3007: Explore the advantages of setting up a family trust to secure your assets, streamline estate planning, and ensure your legacy is protected. This guide highlights the steps, benefits, and key considerations to help you decide if a family trust aligns with your financial goals. Read along with the original article(s) here: https://www.goodfinancialcents.com/family-trust-benefits-setting-up-trust/ Quotes to ponder: "A family trust can offer a combination of asset protection and peace of mind for generations." "Setting up a trust isn't just for the wealthy; it's for anyone who wants their assets managed with care and foresight." "A trust simplifies estate management, making it easier for your loved ones to focus on what truly matters." Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3006: ESI from ESIMoney.com breaks down the transformative power of investing, the third step in the "Earn, Save, Invest" wealth-building strategy. By focusing on amount, time, and return, investments compound to multiply your net worth over time. With insights into index funds, real estate, and more, this guide simplifies how to grow wealth efficiently. Read along with the original article(s) here: https://esimoney.com/invest-overview-fueling-your-net-worth/ Quotes to ponder: "Time is the best way to maximize your investment return because your money starts to make money. And then that money starts making money." "Investing is the step that supercharges your net worth and opens the door to high levels of wealth." "Done well, your net worth will shoot to the moon." Episode references: The Simple Path to Wealth by JL Collins: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3005: Chelsea from SmartMoneyMamas.com explains the practical steps to safeguard your budget from unexpected expenses by dividing them into predictable and unpredictable categories. She highlights the importance of building annual budgets, creating sinking funds, and prioritizing an emergency fund to transform financial stress into manageable bumps in the road. Read along with the original article(s) here: https://smartmoneymamas.com/how-to-plan-for-unexpected-expenses/ Quotes to ponder: "Building irregular expenses into your budget is one of the pillars of creating a budget that works long-term." "It always seems impossible until it is done." "An emergency fund is your financial life jacket. It keeps you from sinking into debt just because you didn’t budget for something." Episode references: YNAB (You Need a Budget): https://oldpodcast.com/track Qube Money: https://qubemoney.com University of Minnesota Extension on family clothing budgets: https://extension.umn.edu Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3004: Chris Reining's exploration of risk and reward illustrates how calculated risk-taking, as seen in Arnold Schwarzenegger's multifaceted career and real estate investments, paves the way for growth and success. He delves into tailoring investment strategies to personal risk tolerance, emphasizing the balance between safety and potential returns, and highlights the importance of long-term perspective in weathering market volatility. Read along with the original article(s) here: https://chrisreining.com/risk-reward/ Quotes to ponder: "Safety is fine, just be aware risk gets the rewards." "My intention was to minimize my future regret. So I split my contributions 50/50 between bonds and equities." "If there was a way to make money hand over fist with no risk wouldn’t everyone on the planet be rich?" Episode references: The Investor’s Manifesto: https://www.amazon.com/Investors-Manifesto-Preparing-Prospering-Rational/dp/0470505141 Tools of Titans: https://www.amazon.com/Tools-Titans-Billionaires-World-Class-Performers/dp/1328683788 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3003: Kelley Long shares practical advice for navigating the complexities of hiring a tax professional. Whether you're a self-employed entrepreneur or have straightforward tax needs, she clarifies the roles of tax preparers, EAs, and CPAs, and offers actionable tips to ensure you find the right expert to save time, money, and stress. Read along with the original article(s) here: https://www.financialfinesse.com/2017/04/26/how-to-find-a-good-tax-preparer/ Quotes to ponder: "Pretty much anyone can call themselves a tax preparer, although the IRS has started to regulate that by requiring people who accept payment for preparing taxes to have a PTIN." "If time is money, then the money we pay our accountant to prepare and file our taxes is money well spent." "The sad fact is that there aren’t a lot of CPAs out there that actually want to do income taxes for regular families who just have jobs, kids, a house, and a few charitable donations." Episode references: Illinois CPA Society: https://www.icpas.org National Association of Enrolled Agents: https://www.naea.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3002: Leo Babauta outlines a practical system to make habits stick by addressing common obstacles like loss of enthusiasm, distractions, and negative self-talk. By starting small, creating strong accountability, and setting up reminders, you can effectively overcome these challenges and turn new behaviors into lasting habits. Read along with the original article(s) here: https://zenhabits.net/stick/ Quotes to ponder: "Your mind says, 'This is too hard!' or 'Skipping it this time won’t hurt!' These are just weaselly ways to get out of discomfort." "Don’t negotiate with these terrorists. Notice when these thoughts come up, and banish them." "Start small. Keep the habit very small. As small as possible, until it becomes your new 'normal.'" Episode references: Good Habits, Bad Habits: https://www.amazon.com/Good-Habits-Bad-Science-Positive/dp/1250159075 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3001: Kumiko Love explores the pervasive culture of instant gratification and its impact on finances. She offers practical tools like Shopping Lists, Wait Lists, and Instant Gratification Wish Lists to help you cultivate patience and make thoughtful spending decisions. By focusing on delayed gratification, you can achieve financial goals while still enjoying occasional treats without guilt. Read along with the original article(s) here: https://www.thebudgetmom.com/instant-gratification-wish-list-becoming-a-patient-spender/ Quotes to ponder: “Getting what we want right now does not make our lives better LATER.” “Delayed gratification is being kind to your future self.” “The goal with the Instant Gratification Wish List is to turn the ‘Instant’ into ‘Anticipated.’” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 3000: In "7 Rules for Growing Slow (But Sustainable) Wealth," the editors of GetRichSlowly.org outline a clear framework for building lasting financial security. From prioritizing net income over gross, to diversifying income streams and leveraging investments strategically, these principles emphasize steady, long-term growth. The goal is not overnight success, but a decade-long journey towards financial independence through discipline, risk tolerance, and smart scaling. Read along with the original article(s) here: https://www.getrichslowly.org/7-rules-for-growing-slow-but-sustainable-wealth/ Quotes to ponder: "Think net instead of gross increasing your net income by lowering your taxes is no different than raising your gross income." "Create budgets to save some and invest the rest. This by itself is a savings account with minimal risk that leads to much better returns." "Scaling is your ability to add different types of investments to your portfolio based on the size of your wealth." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2999: Discover when refinancing your mortgage could be a smart financial move and when it might not be worth the effort. This guide demystifies key factors like interest rates, loan terms, and closing costs to help you make informed decisions that align with your financial goals. Read along with the original article(s) here: https://marriagekidsandmoney.com/when-it-makes-sense-to-refinance-your-mortgage-when-it-doesnt Quotes to ponder: "Refinancing isn't always about lowering your interest rate; it's about aligning your loan with your long-term financial goals." "The savings from refinancing depend on how long you stay in the home after the refinance closes." "Don't let lower rates fool you into forgetting the upfront costs - it’s the overall picture that counts." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2998: Craig Stephens explores various "minus your age" rules for determining a balanced stock-to-bond portfolio allocation. By adjusting the formula constants (100, 120, 130, or up to 140), investors can align their strategy with personal risk tolerance and investment horizons. With a flexible and data-backed approach, Stephens emphasizes that these rules of thumb serve as guidelines rather than strict laws, highlighting the importance of adjusting allocations over time as circumstances change. Read along with the original article(s) here: https://www.retirebeforedad.com/minus-your-age-rule-asset-allocation/ Quotes to ponder: “Personal finance is littered with rules of thumb but devoid of concrete laws.” “Age should influence stock-to-bond allocation, and we should increase bond holdings as we age.” “Even if you reach your target asset allocation, the next day it will change when the market opens.” Episode references: The Little Book of Common Sense Investing by Jack Bogle: https://www.amazon.com/dp/0470102101 Vanguard Research: https://investor.vanguard.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2997: Tyler Tervooren explores the hidden stress that comes with focusing on productivity and hourly earnings, revealing how it can unintentionally bleed into every aspect of life, even leisure. He emphasizes the need to prioritize creative downtime and personal moments to truly enhance productivity and happiness, suggesting strategies to balance efficiency with fulfillment. Read along with the original article(s) here: https://www.riskology.co/productivity-vs-creativity/ Quotes to ponder: "I was falling into a subconscious trap: putting a dollar value on every hour—even if those hours shouldn’t be compared." "Will a painter create their best work doing nothing but mastering brush strokes, or do they need to spend time thinking about the purpose behind the strokes too?" "Stepping back and looking at your work as a whole drives creativity. It helps you get out of your routine for a moment and look at the bigger picture." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2996: Dr. Leif Dahleen debunks common financial misconceptions like "free" travel with credit card points, the necessity of budgeting, and the idea that everyone needs a side hustle. He explains how credit card rewards aren’t truly free and challenges the notion that earning more is always better than spending less, especially when taxes are factored in. His insights encourage intentional spending and a realistic approach to personal finance. Read along with the original article(s) here: https://www.physicianonfire.com/money-myths/ Quotes to ponder: “You might be inclined to consider these flights as ‘free travel,’ but the truth is that you could have $500 cash in your pocket instead.” “A dollar saved is better than a dollar earned. Every $1.00 that you don’t spend is about $1.60 that you don’t have to earn.” “Side gigs can be great for non-financial reasons but a main gig ought to be enough to support you and your family financially.” Episode references: YNAB (You Need a Budget): https://www.youneedabudget.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2995: Dr. Leif Dahleen challenges the concept of passive income, illustrating how many success stories labeled as "passive" are far from it. From real estate to blogging, he highlights the substantial effort often hidden behind these narratives, debunking myths around dividend investing, side hustles, and more. This eye-opening critique urges readers to rethink popular financial advice and to focus on realistic financial planning. Read along with the original article(s) here: https://www.physicianonfire.com/money-myths/ Quotes to ponder: "There is no shortcut to success. I worked many early mornings and late nights on my side hustles, especially early on." "What she’s earning is active income. Blogging is work. It’s flexible and fun work, but I doubt there were many weeks where I didn’t spend at least 20 hours doing something." "Yes, it can be profitable, and some of the work can be outsourced, but it’s way too much work for the word 'passive' to be anywhere near it." Episode references: NIIT Tax Information: https://www.irs.gov Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2994: Antonia Collins explores the emotional and practical challenges of decluttering, particularly the guilt of wastefulness. She offers actionable strategies like donating, selling, and changing your mindset to make decluttering a positive and liberating experience. This article inspires readers to embrace simplicity while letting go of regret for past decisions. Read along with the original article(s) here: https://balancethroughsimplicity.com/how-to-declutter-without-feeling-wasteful-is-decluttering-a-waste-of-money/ Quotes to ponder: "The waste comes when you purchase an item unwisely. Getting rid of something unworn for years doesn’t waste money less than buying it in the first place." "Shift your thoughts from a negative mindset and replace it with positive hope for the future and what a clutter-free home will give you instead." "Be kind to yourself, take power over your stuff instead of letting your stuff hold power over you." Episode references: You Need a Budget (YNAB): https://www.youneedabudget.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2993: Courtney Carver offers a compassionate guide to breaking free from impulsive shopping patterns. She shares eight practical, judgment-free strategies to align your spending with your values, simplify your life, and foster intentional habits that nurture both your wallet and your well-being. Read along with the original article(s) here: https://bemorewithless.com/shopping-habits/ Quotes to ponder: "Instead of finding gratification in owning, find it in appreciation for the item." "You’ve already paid enough with your money, time, attention, energy, and emotions. You don’t have to continue paying with guilt." "Simply becoming more aware of how you spend and why you buy will allow you to shift your shopping habits with more ease." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2992: Dave of AccidentalFIRE.com explores how sensationalized media and misplaced fears can lead to poor decision-making, particularly regarding child safety and financial risks. By comparing perceived versus actual threats, he emphasizes the importance of focusing on long-term risks and cultivating a rational approach to financial independence. Read along with the original article(s) here: https://accidentalfire.com/2017/12/19/sensationalizing-risk/ Quotes to ponder: "Sure, in some cases knowledge can perhaps prevent injury or even death, but don’t fool yourself into thinking you can eliminate risk from your child’s life." "Most people seem to focus on the possible short-term threats to their financial security, and ignore the longer term ones." "To stay on track financially, you should assess the likelihood of a particular risk as compared to others especially with the timelines involved and act accordingly." Episode references: The Science of Fear: Why We Fear the Things We Shouldn't--and Put Ourselves in Greater Danger: https://www.amazon.com/Science-Fear-Shouldnt-Ourselves-Greater/dp/0452295467 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2991: Mr. 1500's story of "Bad Car Bill" highlights the power of frugality and resisting lifestyle inflation. Bill’s modest choices driving a clunker, packing lunches, and avoiding flashy expenses allowed him to quietly accumulate wealth while peers squandered theirs. This thought-provoking tale challenges us to reconsider the allure of materialism and embrace financial wisdom. Read along with the original article(s) here: https://www.1500days.com/the-tale-of-bad-car-bill/ Quotes to ponder: "The consultants were a fascinating bunch to watch. They had no trouble finding ways to blow all of their new wealth very quickly." "Bad Car Bill lived the frugal life, saving and investing his money. Same old clothes, same old car and same old lunch in a paper sack from wherever home was." "Every once in a while, I think back on my days at that job, sitting on the patio at work eating lunch, I like to think he was laughing on the inside at the rest of them." Episode references: Mr. Money Mustache Blog: https://www.mrmoneymustache.com The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2990: Paula Pant challenges the "everyone has debt" mentality, urging readers to focus on whether debt is beneficial rather than normal. By highlighting the opportunity cost of debt and the importance of intentional financial choices, she advocates rejecting societal norms in favor of long-term financial health. Read along with the original article(s) here: https://affordanything.com/reject-the-everyone-has-debt-mentality/ Quotes to ponder: "Everybody has car loans, everyone has credit card debt, everyone has student loans, but it wasn’t until I added all these balances up that I knew we had a problem." "This mentality, the 'everyone has debt' mentality, is dangerous." "Reject the normalization of debt: focus on making good choices, not common ones." Episode references: Clark Howard's Money Blog: https://clark.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2989: Kalen Bruce explores two powerful strategies for paying off debt - the debt snowball and the debt avalanche. By comparing their benefits and drawbacks, this article empowers you to choose the method that aligns with your financial goals and motivation style, whether you crave small wins or want to minimize interest payments. Read along with the original article(s) here: https://moneyminiblog.com/debt-relief/pay-off-debt-snowball-vs-avalanche Quotes to ponder: "If you become debt free, you win. It doesn’t matter which method you used once you are debt free." "Personal finance is less about the math and more about behavior, habits, and mindset." "Sometimes the right method may not make the most sense on paper, but if it works, you still win!" Episode references: Dave Ramsey's The Total Money Makeover: https://www.amazon.com/Total-Money-Makeover-Dave-Ramsey/dp/1595555277 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2988: FIRECracker of Millennial-Revolution.com shares how comparisons can derail your journey to financial independence. Instead of measuring yourself against others, focus on your own progress and celebrate each milestone. The FIRE journey is about growth, not a race to the finish line, and cherishing small victories can keep you motivated and fulfilled along the way. Read along with the original article(s) here: https://www.millennial-revolution.com/build/dont-let-comparisons-derail-fire-journey/ Quotes to ponder: "Comparison is the thief of joy. Don’t compare your beginning with someone’s middle or end." "Your FIRE journey is about growth and progress. It’s about celebrating all the wins along the way." "If you don’t do it, the time will pass anyway. Would you rather be richer in 10 years or exactly where you are now?" Episode references: The Simple Path to Wealth by JLCollins: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2987: Barney from TheEscapeArtist.me draws an insightful parallel between winning at Monopoly and managing personal finances effectively. By focusing on strategic investments, avoiding distractions, and playing the long game, individuals can set themselves up for financial success. The message is clear: adopting a Monopoly mindset buying assets, avoiding debt traps, and holding investments can dramatically improve one's financial well-being. Read along with the original article(s) here: https://theescapeartist.me/2023/12/09/if-more-people-did-money-like-they-play-monopoly-theyd-be-a-lot-better-off/ Quotes to ponder: "Imagine playing Monopoly and never buying assets or investments that generate income. This is how most people live their life." "You already know how to win at Monopoly. But you only really know it if you do it." "Get rich slowly, get started quickly." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2986: Dr. Ashley Burkman from Smart Money Mamas.com delves into the often-overlooked expenses associated with childbirth, offering valuable insights for expectant parents. From understanding insurance deductibles to choosing between hospitals, birthing centers, and home births, she guides couples in making informed decisions to manage maternity costs effectively while preparing for the unexpected. Read along with the original article(s) here: https://smartmoneymamas.com/maternity-medical-costs/ Quotes to ponder: "Even with a birth plan, having a Plan B or Plan C for alternative scenarios like complications is helpful." "If your pediatrician does not make you feel supported, pick a different doctor." "It's better to over-prepare than to be underprepared when it comes to medical costs." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2985: Fritz Gilbert explores how small financial decisions can significantly impact long-term wealth. By harnessing the power of compound interest, even modest savings can snowball into substantial retirement funds. Whether you're just starting your career or nearing mid-life, strategic saving can transform your financial future and ultimately help you achieve that millionaire milestone. Read along with the original article(s) here: https://www.theretirementmanifesto.com/56-so-you-want-to-be-a-millionaire/ Quotes to ponder: "One decision, early in life, compounded over many decades, has a profound impact on your long term financial wealth." "Recognize the impact your small purchases make when compounded over time." "Do it long enough, aggressively enough, intentionally enough, and you will become a millionaire." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2984: Steven Keys simplifies the complex world of credit cards, offering an easy, stress-free strategy to maximize rewards and boost credit scores. By paying balances in full each month and choosing no-fee, cash-back cards, you can profit from rewards programs without falling into debt traps. Read along with the original article(s) here: https://www.tripofalifestyle.com/money/guide-to-credit-cards/ Quotes to ponder: "Credit cards aren’t evil, scary, or complex, but using them correctly does require you to know a few facts that most people are never told." "Just pay your statement balance in full every single month no exceptions." "You should charge literally everything you buy on your credit card, to maximize the rewards." Episode references: EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2983: A Purple Life shares the rationale behind a 100% US stocks portfolio, emphasizing simplicity, higher returns over time, and the built-in international exposure of US index funds. By maintaining a flexible, minimalist lifestyle and an adaptive mindset, the author demonstrates how careful financial planning can align with personal values and long-term goals. Read along with the original article(s) here: https://apurplelife.com/2019/10/29/why-i-own-100-us-stocks/ Quotes to ponder: “Simple is good. Simple is easier. Simple is more profitable.” “My lifestyle is completely flexible. I have absolutely no roots or anything keeping me in one location.” “Life is about learning and adapting based on new knowledge, but for now I’m riding the wildly bucking unicorn that is 100% US stocks.” Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2982: Saving for retirement is a struggle for many, but Philip Taylor dismantles seven common excuses from "it's selfish" to "it's too late" that hold people back from securing their financial future. By addressing misconceptions and providing actionable solutions, Taylor empowers readers to take the first step toward financial independence, regardless of their current age or income. Read along with the original article(s) here: https://ptmoney.com/7-retirement-savings-excuses-you-can-overcome/ Quotes to ponder: "Saving for your retirement is the complete opposite of selfish." "To have a little success in life you might just have to learn something." "When you’re young, retirement is a long way off, but you’ve got time on your side." Episode references: IRA Catch-Up Contributions: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-catch-up-contributions Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2981: Kiersten Saunders shares her perspective on embracing passive investing as a deliberate choice rooted in simplicity, lower costs, and long-term growth. By prioritizing buy-and-hold strategies for real estate and index funds for stocks, she highlights the benefits of transparency, reduced tax burdens, and financial freedom. Her reflections challenge the cultural emphasis on overworking, advocating instead for trust in time and patience to achieve lasting financial independence. Read along with the original article(s) here: https://richandregular.com/what-it-means-to-be-a-passive-investor/ Quotes to ponder: "Passive isn’t a lack of effort, it’s a choice to direct your energy toward what matters most." "I had to learn the difference between confidence and competence." "If I perceive time as something to be feared, everything that requires it will be seen as a problem." Episode references: EconoMe Conference: https://economeconference.com The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2980: Lisa Harrison outlines a practical strategy for reclaiming financial discipline when old spending habits resurface. Through goal prioritization, progress tracking, budget adjustments, and family meetings, her approach empowers individuals and families to regain control, sustain frugality, and achieve long-term financial goals without feeling overwhelmed. Read along with the original article(s) here: https://madmoneymonster.com/2019/08/26/how-to-execute-a-frugal-reboot-when-old-spending-habits-appear/ Quotes to ponder: "Shifting goals without a solid plan can easily allow you to lose financial focus." "Tracking your net worth is a key to staying motivated because you can see progress with your own two eyes." "Your budget is fluid, and you’re in control." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2979: Christina Browning outlines nine actionable steps for achieving financial independence and early retirement (FIRE). From adopting a positive mindset and creating a budget to cutting expenses, increasing income, and investing, this roadmap is practical and motivational. Browning emphasizes flexibility and adaptability, ensuring that your journey to financial freedom is sustainable and enjoyable. Read along with the original article(s) here: https://www.ourrichjourney.com/post/9-things-to-do-to-reach-financial-independence-and-retire-early Quotes to ponder: "Budgeting is non-negotiable. You cannot achieve financial independence without a budget because it is a vital part of the planning process." "Your money needs to work harder than you, and it needs to keep working even after you stop." "This is YOUR journey! Don’t let your journey be dictated by the negativity of others!" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2978: Beth Wittig Clayton delves into the challenge of balancing authenticity with the human need for acceptance. Discover empowering strategies to overcome self-sabotage, honor your personal journey, and nurture healthier, more fulfilling connections. Read along with the original article(s) here: https://markfisherfitness.com/how-to-avoid-sabotaging-yourself-to-be-accepted/ Quotes to ponder: "You can’t sacrifice your dreams on the altar of belonging." "Authenticity is not about disregarding others, but about honoring your own journey." "The need to belong is universal, but it shouldn’t come at the cost of self-respect." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2977: Kevin of FinancialPanther.com shares a personal story of financial discipline, turning his high-income early career into a springboard for financial freedom. By resisting the temptation to indulge in a lavish lifestyle, he paid off significant student loans within 2.5 years and gained the flexibility to pursue a more fulfilling job. His advice encourages young professionals to treat their early high earnings as a windfall, focusing on long-term stability rather than short-term status. Read along with the original article(s) here: https://financialpanther.com/treat-high-income-as-a-windfall/ Quotes to ponder: "If my closest friends were making less than half of what I was making, then why not just live like I was making that too?" "Most of your peers aren’t big shots. It won’t look weird if you live modestly right now." "You never know what the future may hold and you want to give yourself the flexibility to do what you want to do and not be dictated by what your monthly payments are." Episode references: Financial Independence, Retire Early (FIRE) movement resources: https://www.choosefi.com The Total Money Makeover: https://www.amazon.com/Total-Money-Makeover-Classic-Financial/dp/1595555277 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2976: J. Money highlights the importance of financial prioritization through two contrasting cab rides: one chosen for an enriching experience and the other out of necessity. These anecdotes underscore the balance between occasional splurges and financial security, emphasizing that conscious spending in major budget areas creates freedom for life’s unpredictable moments. Read along with the original article(s) here: https://www.budgetsaresexy.com/tale-of-two-cab-rides-money-tenants/ Quotes to ponder: "Sometimes money is meant to be spent, even if people give you the judgy face." "Even when you prioritize your spending, you STILL sometimes get jacked!" "The bigger the gap between your income and expenses, the less you need to agonize over this kind of one-off purchases." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2975: Buying or renting a home isn't just a financial decision, it’s about lifestyle, long-term happiness, and personal circumstances. Sam of FinancialSamurai.com shares his journey to homeownership, offering practical tips like the 30/30/3 rule and emphasizing the importance of loving where you live. This balanced perspective helps you weigh your options and align them with your goals. Read along with the original article(s) here: https://www.financialsamurai.com/how-to-decide-whether-to-buy-a-home-or-rent/ Quotes to ponder: "If you were forced to live in your current location for 10 years, would you be happy, OK, or frustrated?" "Deciding on buying a home is like deciding on a relationship or a marriage. You just know at that point in time." "There’s no point in making money if one doesn’t spend it on things that improve the quality of your life." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2974: Jeff Rose shares a cautionary tale of losing $5,000 on penny stocks due to greed, poor advice, and ignorance about the over-the-counter market's volatility. He emphasizes the importance of informed investing, avoiding high-risk ventures, and adopting long-term, passive strategies to achieve financial security. Read along with the original article(s) here: https://www.goodfinancialcents.com/lose-money-penny-stocks/ Quotes to ponder: "Greed is not always good. I was doing just fine making a decent return on my boring mutual funds, but the chance of quadrupling my money got the best of me." "It’s more like traveling to a flea market in Spain and trying to bargain with a vendor even though I don’t speak the language. Chances are I’m going to get screwed just like I was in this situation." "You don’t conjure up strategies driven by greed to beat the market because you don’t need to beat the market to meet your financial goals." Episode references: A Random Walk Down Wall Street by Burton Malkiel: https://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393358380 The Intelligent Investor by Benjamin Graham: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2973: Mr. Money Mustache illustrates how a $10 secondhand bread machine revolutionized his household by saving over $750, reducing waste, and enhancing creativity in the kitchen. From making fresh bread to crafting gourmet pizza dough, he demonstrates that frugal choices can be both cost-effective and indulgent, blending practicality with culinary joy. Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/09/08/my-750-bread-making-machine-2/ Quotes to ponder: "You just throw in some flour and a few other things, and you have a great loaf of bread in just a few hours." "But in my own odd life which combines both frugality and decadence, I have found this device to be quite a worthy contributor to the family." "If you eat bread and/or pizza regularly, I can safely recommend having a peek at your local Craig’s if you want to dip a toe into the breadmaking world as well." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2972: Tania Brown demonstrates how automating finances can simplify life while fostering better money habits. By setting up tools for budgeting, bill payment, savings, retirement contributions, and tax-efficient investing, she outlines a low-effort system that helps busy individuals achieve financial security and peace of mind. Read along with the original article(s) here: https://www.financialfinesse.com/2018/03/26/how-to-put-your-finances-on-auto-pilot/ Quotes to ponder: "My ability to save doesn’t have to do with willpower or self-control. Instead, it’s all about the systems I have in place to make my pool of money look as small as possible." "The best part is that her time and effort spent on money will be minimal going forward." "Your habits surrounding how you spend and save money are much more impactful than the knowledge you may have about how money works." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2971: Chris Reining emphasizes the importance of starting retirement investments early, even in small amounts, to capitalize on decades of growth. He explains the trade-offs between paying off low-interest debt and investing, highlighting the historical advantage of stock market returns while encouraging a balanced approach to savings, debt, and investments tailored to comfort levels. His advice underscores the value of consistent, intentional financial decisions to build security and wealth. Read along with the original article(s) here: https://chrisreining.com/should-i-pay-off-debt-or-invest/ Quotes to ponder: "To be successful at investing you have to invest within your comfort zone because when you’re investing within your comfort zone you’re less likely to make bad decisions." "Think about how you’d feel not having debt, and if you’d feel better not having debt then pay it off." "Investing, saving, and paying off debt are all really great ways to deploy your hard-earned dollars and there really isn’t a wrong choice here." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2970: Cylon George challenges us to see mediocrity as a matter of personal integrity, encouraging a commitment to our deepest values and purpose. His insights reveal how small compromises can undermine character and inspire the courage to live authentically and wholeheartedly. Read along with the original article(s) here: https://www.spirituallivingforbusypeople.com/mediocrity-is-an-integrity-problem Quotes to ponder: "Mediocrity is not a reflection of talent or intelligence; it’s a failure of commitment to our highest values." "When we compromise our standards in small, seemingly insignificant ways, we pave the way for larger betrayals of our integrity." "Authenticity isn’t just about being honest with others it’s about being honest with ourselves." Episode references: Atomic Habits: https://jamesclear.com/atomic-habits Daring Greatly: https://www.amazon.com/Daring-Greatly-Courage-Vulnerable-Transforms/dp/1592408419 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

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 2969: Ryan H Law highlights the transformative power of "paying yourself first," a foundational personal finance principle. By automating savings through strategies like 401(k) contributions, Roth IRAs, or direct deposits into savings accounts, you can build long-term wealth effortlessly. This approach fosters discipline and prioritizes future financial security over impulsive spending. Read along with the original article(s) here: https://ryanhlaw.com/how-to-pay-yourself-first/ & https://ryanhlaw.com/automate-your-finances/ Quotes to ponder: "Poor people spend their money and save what’s left, while rich people save their money then spend what’s left." "A part of all I earn is mine to keep." "Paying yourself first is all about deploying the gap: maybe some goes to beefing up your emergency fund, and another portion gets thrown at debt." Episode references: Policygenius: https://www.policygenius.com The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2968: Budgeting on a variable income can be challenging, but Jen Hayes outlines three actionable strategies to make it manageable: living on last month’s income, budgeting paycheck to paycheck, and creating a bare-bones budget based on your worst month. Each approach is tailored to different financial situations, helping you stay in control and reduce stress even when your income fluctuates. Read along with the original article(s) here: https://www.jenhayes.me/how-to-budget-on-a-variable-income/ Quotes to ponder: "Budgeting using last month’s income simplifies the process and reduces financial stress." "If your income varies drastically, use your worst month’s income to create a realistic budget." "Decide what extra income will go toward ahead of time so you aren’t tempted to blow it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2967: Renee of TheFunSizedLife.com offers practical money-saving strategies tailored for those who value a balanced approach over extreme frugality. From identifying spending habits misaligned with your goals to focusing on big financial wins, these hacks empower you to save effectively without compromising on the joys of life. She emphasizes aligning spending with your values to create a life that's both financially sound and personally fulfilling. Read along with the original article(s) here: https://www.thefunsizedlife.com/saving-hacks/ Quotes to ponder: "Where we spend our money is a reflection of what we value." "Spend extravagantly on the things you love, and cut costs mercilessly on the things you don’t." "If we are spending too much time or energy on things that aren’t high value to us, over the long run our life starts to feel less thrilling than we’d like." Episode references: The quote from Ramit Sethi is from "I Will Teach You to Be Rich": https://www.amazon.com/I-Will-Teach-You-Rich/dp/0761147489 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2966: Wanderer from Millennial Revolution exposes the deceptive practices of financial institutions, highlighting their resistance to index funds due to the threat they pose to their fee-based business model. Learn why financial literacy is crucial to avoid falling victim to misleading advice and how to take control of your investments with low-cost, efficient options. Read along with the original article(s) here: https://www.millennial-revolution.com/invest/why-the-banks-are-out-to-get-you/ Quotes to ponder: "Anyone can buy index funds. You don’t need to be licensed, and you don’t need anyone’s permission. All you need is a brokerage account." "The finance industry is here for one reason and one reason only: to take as much of your money as they can." "If your bank lies to you, leave! This is a great rule to follow in general: I refuse to do business with liars, and so should you." Episode references: Quit Like a Millionaire: https://www.amazon.com/Quit-Like-Millionaire-Radical-Wealth/dp/0525538690 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2965: Derick Van Ness emphasizes that the foundation of financial and personal success begins with investing in yourself. Master your skills, develop your mindset, and create value that makes you indispensable. As you grow, pivot from earning income through work to building assets that generate wealth, enabling true freedom and fulfillment in life. Read along with the original article(s) here: https://biglifefinancial.com/2019-2-1-where-to-invest-first/ & https://biglifefinancial.com/2018-8-15-get-off-the-financial-treadmill/ Quotes to ponder: "Nothing is more vital than investing in yourself. You are the key to everything in your life." "Strive to become 'the wheel' rather than a 'cog' in the wheel. Someone whose value is so powerful that you are not dependent on outside circumstances for your success." "Success isn't somewhere 'out there'; it is 'in here'. Invest in your human capacity, your skills, and your business." Episode references: The Miracle Morning: https://www.amazon.com/Miracle-Morning-Not-So-Obvious-Guaranteed-Transform/dp/0979019710 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2964: Alacias Enger explores the emotional and financial implications of living in a world where personal responsibility for retirement has replaced traditional pensions. Through a poignant client story, she illustrates how fear and resistance can hinder progress, and emphasizes the value of surrendering to the present, fostering gratitude, and seeking supportive financial guidance to achieve stability and growth. Read along with the original article(s) here: http://www.mysensewithcents.com/2021/05/financial-fear-and-resistance.html Quotes to ponder: "Fear isn't a terribly useful emotion as it often has us manifesting in the direction of that which we do not want." "Resistance is very literally fear. When we experience fear, it is because we are literally resisting our here and now by focusing our attention on a past we cannot change or a future we cannot control." "Can you simply observe your life, your money, and recognize that in this moment you are okay?" Episode references: IRS Code 401k Overview: https://www.irs.gov/retirement-plans/401k-plans The Revenue Act of 1978: https://www.congress.gov/bill/95th-congress/house-bill/13511 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2963: Gary from JillianJohnsrud.com shares strategic tips to reduce major expenses without sacrificing quality of life, emphasizing housing, transportation, and food as the most impactful areas to optimize. From house hacking and driving affordable used cars to batch cooking and limiting dining out, these practical approaches can save hundreds monthly, helping you achieve financial freedom and redirect funds toward meaningful goals. Read along with the original article(s) here: https://www.jillianjohnsrud.com/reduce-the-budget-busters/ Quotes to ponder: "Focus on eliminating or reducing your largest expenses first before you give up your mocha latte at Starbucks." "By renting out two rooms in my house, my mortgage payment will be under $300 per month." "Compounding these changes over time can drastically change your life." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2962: Discover how to elevate your conversations with the art of active listening, as shared by Christine Comaford. Learn techniques to foster connection, reduce misunderstandings, and build stronger relationships through intentional listening. Read along with the original article(s) here: https://smarttribesinstitute.com/great-listener/ Quotes to ponder: "Great listening starts with a shift in focus from ourselves to the other person." "Active listening isn’t about agreeing; it’s about creating an environment where people feel heard and understood." "Listening isn’t passive, it’s one of the most powerful ways we connect with others." Episode references: Nonviolent Communication: https://www.amazon.com/Nonviolent-Communication-Language-Marshall-Rosenberg/dp/189200528X The Power of Full Engagement: https://www.amazon.com/Power-Full-Engagement-Managing-Performance/dp/0743226755 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2961: Jackie Beck outlines the essentials of a debt management plan (DMP) as a structured, non-profit-led approach to paying off unsecured debts like credit cards or small medical bills. She highlights its pros, cons, and alternatives, providing actionable steps to determine if a DMP suits your financial needs and encouraging accountability to make the debt repayment journey smoother. Read along with the original article(s) here: https://www.jackiebeck.com/what-is-a-debt-management-plan/ Quotes to ponder: "Working with a non-profit to use a debt management plan lets you make one monthly payment for your consumer debts." "It may cut interest and fees, but you may have to pay a monthly fee to take part." "No matter what you decide, you’ll need to make changes in your financial life to help make sure things go well in the future." Episode references: CESI Debt Solutions: https://www.cesisolutions.org Consumer Credit Counseling Service (CCCS): https://www.credit.org National Foundation for Credit Counseling: https://www.nfcc.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2960: Planning for the long term instead of fearing worst-case scenarios allows you to prioritize meaningful goals and experiences. By focusing on living a full, intentional life, you can balance financial preparation with the pursuit of happiness. Read along with the original article(s) here: https://www.tripofalifestyle.com/perspective/what-if-i-dont-get-hit-by-a-bus/ Quotes to ponder: "Living in fear of worst-case scenarios can rob you of today’s joy and tomorrow’s progress." "Balance is key: prepare for the unexpected, but don’t let it overshadow your long-term dreams." "Life is about building for a future you believe in, not one you dread." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2959: Beating inflation requires a dual approach: increasing your income and reducing expenses. By making intentional financial choices and finding creative ways to earn more, you can safeguard your purchasing power and build lasting wealth. Read along with the original article(s) here: https://www.keepthrifty.com/how-to-beat-inflation-twice/ Quotes to ponder: "Inflation is a challenge, but with creativity and diligence, it’s an opportunity to grow your wealth." "Combat rising costs by earning more and living on less - two powerful tools against inflation." "Intentional choices and smart financial habits can help you thrive even as prices climb." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2958: Investment newsletters can provide valuable insights and strategies to outperform the market, but their success depends on aligning with your financial goals and staying informed. Understanding how they identify trends and opportunities empowers investors to make smarter, data-driven decisions. Read along with the original article(s) here: https://www.caniretireyet.com/how-investment-newsletters-beat-the-market/ Quotes to ponder: "Investment newsletters distill complex strategies into actionable insights." "Success lies in understanding the principles behind the advice, not just following blindly." "Being an informed investor means leveraging diverse resources to your advantage." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2957: Investing young allows you to take calculated risks that can yield significant long-term rewards. By harnessing time, compounding, and a bold approach, you can build a resilient financial foundation while gaining invaluable experience. Read along with the original article(s) here: https://freedomsprout.com/more-risks-invest-young/ Quotes to ponder: "The younger you start investing, the more time you have to recover from risks and enjoy compounding rewards." "Taking bold but calculated risks in your youth can set the stage for extraordinary financial growth." "Investing early is an education in itself, preparing you for smarter decisions in the future." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2956: Aligning your investments with your values creates a sense of purpose and fulfillment while optimizing financial growth. This approach ensures that your money works for both your goals and the impact you want to leave on the world. Read along with the original article(s) here: https://theprolificinvestor.net/15-alignment-within-your-investments/ Quotes to ponder: "Investing isn’t just about returns; it’s about aligning your money with your life’s vision." "True financial success comes when your portfolio reflects your values and aspirations." "Purpose-driven investing combines financial growth with meaningful impact." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2955: Before abandoning budgeting, reflect on your financial priorities, habits, and expectations. By understanding your unique money mindset and tailoring your approach, budgeting can transform from a chore into a powerful tool for achieving your goals. Read along with the original article(s) here: https://dancywithmoney.com/blog/5-questions-to-ask-yourself-before-you-give-up-on-budgeting and https://dancywithmoney.com/blog/common-money-mistakes Quotes to ponder: "Budgeting isn’t about perfection; it’s about persistence and progress." "Understanding your financial values can turn budgeting into an empowering experience." "Small, mindful changes can prevent financial mistakes from derailing your goals." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2954: Reclaim your energy and peace by simplifying your commitments and embracing a minimalist mindset. By prioritizing what truly matters, you can break free from the cycle of exhaustion and create a life filled with clarity and calm. Read along with the original article(s) here: http://zenhabits.net/tired Quotes to ponder: "When we simplify our commitments, we make space for energy and focus to return." "Saying no can be an act of self-care and a declaration of your priorities." "Clarity emerges when we strip away the noise and focus on what truly matters." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2953: Practicing frugality goes beyond saving money - it fosters mindfulness, resilience, and a deeper appreciation for life's simple pleasures. This approach not only empowers financial independence but also cultivates lasting happiness through meaningful priorities and intentional living. Read along with the original article(s) here: https://madmoneymonster.com/2019/09/16/5-ways-frugality-can-lead-to-a-happy-life/ Quotes to ponder: "Frugality isn’t about deprivation; it’s about redirecting resources toward what truly matters in life." "Choosing to live simply doesn’t mean settling for less - it means finding joy in the essentials." "Through frugality, we learn to value what we have and eliminate what doesn’t serve our happiness." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2952: Steven Keys challenges the traditional reliance on stock market returns for early retirement by demonstrating how financial independence can still be achieved, even with 0% investment growth. The key lies in disciplined saving, consuming less than you produce, and embracing a minimalist lifestyle to sustain your future, proving that early retirement is possible without relying solely on investment gains. Read along with the original article(s) here: https://www.tripofalifestyle.com/money/retire-early-without-investments/# Quotes to ponder: “FIRE has never been about investing. It’s based on something much simpler: consuming less than you produce.” “If you pick two apples today and eat one, then you can eat another apple tomorrow without having to pick any at all.” “Instead of insisting that your money last forever, you just need to make sure you’ve saved enough to last until you know.” Episode references: Social Security Administration: https://www.ssa.gov Mr. Money Mustache: https://www.mrmoneymustache.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2951: Sarah Von Bargen shares the often-overlooked yet transformative power of living within your means, using her own inspiring journey to illustrate how small, deliberate financial choices can lead to big life changes. By dialing back on non-essential purchases, you can reclaim time, energy, and money to pursue what truly lights you up, whether that's traveling, creating, or simply savoring life. Read along with the original article(s) here: https://www.yesandyes.org/2019/04/live-within-your-means.html Quotes to ponder: "Learning to live within your means is one of the most underrated skills necessary to chase your dreams." "We pay for our choices with the lives that we lead." "Dialing back non-essential purchases, even by 10%, can free up time and energy for the things that truly excite us." Episode references: Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 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

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 2950: Focusing on just one powerful financial habit, like maxing out retirement contributions or paying off a mortgage, can lead to significant wealth over time. J. Money emphasizes that simplicity, not complexity, drives financial success it's about taking consistent, impactful action. Read along with the original article(s) here: https://budgetsaresexy.com/power-doing-one-financial-thing/ Quotes to ponder: “Sometimes simple isn’t easy, but it can change your life.” “Focus on one thing and master it; wealth will follow.” “There’s no wizardry to wealth just big, simple steps taken with persistence.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-One-Step-Financial/dp/0767923820 I Will Teach You to Be Rich: https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/0451205367 Essentialism: https://www.amazon.com/Essentialism-Disciplined-Pursuit-Greg-McKeown/dp/0804137382 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2949: Philip Taylor answers whether a 46-year-old teacher should open a Roth IRA closer to retirement, emphasizing the flexibility and long-term growth potential of this retirement account. He also introduces a simplified budgeting approach that focuses on controlling discretionary spending once fixed expenses are handled, making financial management more efficient for those already living below their means. Read along with the original article(s) here: https://ptmoney.com/too-old-for-roth-ira/ & https://ptmoney.com/budgeting-an-easier-smarter-way/ Quotes to ponder: "You never have to use the money if you don’t want to. You could just pass it along to your heirs." "Even if you only invest half of that amount, you’ll be putting an extra bit of money aside for retirement. Every dollar counts." "Budgeting increases your 'understanding' of your financial situation; that 'understanding' coupled with a few actions brings about 'control' over spending." Episode references: Qualified Education Expenses with Roth IRA: https://www.irs.gov/publications/p970 Fundrise: https://fundrise.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2948: Ryan from ArrestYourDebt.com reveals how companies profit from our constant dissatisfaction, urging a mindset shift for greater happiness and financial freedom. He emphasizes investing in experiences over material items, nurturing meaningful memories, and giving to others to elevate personal joy and purpose. Read along with the original article(s) here: https://arrestyourdebt.com/money-can-buy-happiness/ Quotes to ponder: "Businesses and marketers take full advantage of our discontentment." "Experiences have an amazing way of making us happy and keeping us happy for a longer period of time." "This life is about living and giving - the more you give, the happier you will be." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2947: Ryan of ArrestYourDebt.com explores the complex relationship between wealth and happiness, revealing that money can indeed increase happiness but only up to a point. With $75,000 as a benchmark for optimal satisfaction, the post emphasizes that while financial stability meets basic needs, further income brings diminishing returns, highlighting the role of contentment and perspective in true well-being. Read along with the original article(s) here: https://arrestyourdebt.com/money-can-buy-happiness/ Quotes to ponder: "Money CAN buy happiness! It’s true, the amount of money you make directly corresponds to your amount of happiness! But only up to a certain point." "The truth is, we will never have enough money if we don’t focus on being content with what we have." "Human beings are very adaptive in nature, which is a primary cause for our overall discontentment." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2946: Rose Lounsbury reveals why living in a modestly sized home isn’t a sacrifice but a powerful way to gain financial freedom, cleaner spaces, stronger family bonds, and a head start on simplifying life. With a warm, relatable approach, she shares how downsizing can transform your living environment and mindset. Read along with the original article(s) here: https://roselounsbury.com/defense-downsizing-4-reasons-smaller-home-might-just-right-fit/ Quotes to ponder: "The problem wasn’t the size of our house, it was the quantity of our stuff." "A little elbow rubbing on the couch makes for good memories down the road and being able to keep a closer eye on our kids can prevent a whole host of problems during the teenage years." "Life is nothing more than constant growth and change. In order to grow and change to our full potential, we must let go of the things that no longer support who we are." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2945: When we’re young, we take risks without thinking twice often because we get lucky and don't face the consequences. Chris Reining’s story of riding a crocodile and navigating stock market highs serves as a metaphor for the fine line between luck and sound decision-making. He argues for investing wisely, understanding the difference between price and value, and never risking more than what you need to achieve financial independence. Read along with the original article(s) here: https://chrisreining.com/big-dumb-risks/ Quotes to ponder: "Just because you didn’t get hurt doing something dumb doesn’t mean you didn’t take a big risk and get away with it." "Price is what you pay. Value is what you get." "It’s easy to feel jealous when you see other investors getting rich fast, but remember, just because someone didn’t get hurt doesn’t mean they didn’t take a big dumb risk." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2944: Charlie Brown highlights research-backed ways to use money for greater happiness. From spending in alignment with your personality and opting for frequent small treats, to prioritizing experiences and investing in flow-inducing activities, these strategies are proven to boost life satisfaction. Giving to others and savoring the anticipation of future events also provide lasting joy. Read along with the original article(s) here: https://themakingofamillionaire.com/according-to-science-spending-your-money-in-these-6-ways-can-make-you-happier-6348c9772bfd Quotes to ponder: "People whose purchases better match their personality report higher levels of life satisfaction." "Frequent small treats will make you happier than big splurges because we are less likely to adapt to small experiences." "Science says the emotion of anticipation is even stronger than being in the moment or remembering past pleasures." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2943: Reflecting on a decade of transformation, the author recounts their journey from a fearful college student desperate for a job to a more confident individual ready to leave corporate life for personal fulfillment. The narrative highlights lessons on the emptiness of corporate ambition and the irreplaceable value of time spent with loved ones, emphasizing the importance of defining success on one's own terms. Read along with the original article(s) here: https://apurplelife.com/2019/10/08/im-60-going-on-30/ Quotes to ponder: "After a few years of following other peoples’ paths for success, I had a revelation and realized that all this shit that people said would make me happy, was doing everything but." "I want my life to be filled with exploring this gorgeous world of ours and not sitting in endless meetings." "Having more time with loved ones before it’s too late is my main impetus to retire as early as possible without sacrificing my happiness now." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2942: Joel of 5AMJoel.com explores how Parkinson’s Law “work expands to fill the time available for its completion” can be leveraged to achieve early retirement. By taking control of your time, as illustrated through a simple office scenario, Joel emphasizes that the duration of your career is ultimately determined by how efficiently you complete necessary tasks. Mastering focus, eliminating distractions, and structuring work intentionally can enable a dramatically different life path. Read along with the original article(s) here: http://5amjoel.com/retire-early-parkinsons-law/ Quotes to ponder: "Work expands so as to fill the time available for its completion." "Sally eliminated distractions to focus on her 10 tasks only." "If we truly believe that time is 100% within our control, we can choose how long we want our career to be." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2941: Turn down the temperature on your thermostat and rock warm winter clothing to cut heating expenses. Combine this with smart energy-saving habits, like using a programmable thermostat and sealing drafts, to keep your home cozy without breaking the bank. Hilary from MoneyMiniBlog.com shares practical, low-cost solutions to help you manage heating bills effectively this winter. Read along with the original article(s) here: https://moneyminiblog.com/save-money/save-heating-costs/ Quotes to ponder: "Each degree lowered during the heating season represents between one and three percent savings on your heating bill." "Wearing one layer of thermal long underwear allows you to turn down the thermostat by at least seven degrees Fahrenheit, saving up to 40 percent on space heating energy." "Reducing drafts can represent energy savings of 5 to 30 percent, according to the US Department of Energy." Episode references: Low Income Home Energy Assistance Program (LIHEAP):  https://www.acf.hhs.gov/ocs/low-income-home-energy-assistance-program-liheap Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2940: Mr. Money Mustache explores how to enjoy leisure time without excessive spending by embracing fulfilling, low-cost activities. By valuing local, sustainable hobbies and even money-making pastimes, he demonstrates how redefining leisure can create both personal satisfaction and financial freedom. Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/05/05/get-rich-with-profitable-leisure-time/ Quotes to ponder: "Leisure represents the freedom to do things that make you happy." "When you are not at work, you need to do SOMETHING with your time. The possibilities are endless." "Make your own leisure list including the feeling of waking up on a Monday morning and realizing you don’t have to go to work unless you want to." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2939: By implementing Christina Browning's quick and practical financial tips, you can jumpstart your financial wellness within just 30 days. From increasing your credit score to enjoying the journey toward financial independence, these strategies focus on practical steps you can start today to reduce expenses, increase savings, and even boost your income with a fresh mindset on money. Read along with the original article(s) here: https://www.ourrichjourney.com/post/8-important-tips-to-improve-your-finances-in-only-30-days Quotes to ponder: "Talking about money with friends and acquaintances should be normalized instead of stigmatized." "You want to create a detailed financial plan with trackable milestones." "Striving to achieve financial independence is not a sprint, it’s a marathon." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2938: Kevin of Financial Panther examines the costs and benefits of daycare, highlighting the balance between time, money, and his child’s social development. By analyzing hourly expenses and considering the non-financial advantages, Kevin emphasizes the value of daycare in providing structure for his family, freedom in his work-life, and enriching social experiences for his son. Read along with the original article(s) here: https://financialpanther.com/looking-at-our-daycare-costs-and-why-we-send-our-son-to-daycare/ Quotes to ponder: "I think some people fall into this trap where they think of every decision in terms of money. In reality, the decisions we make are never just about money." "Children completely change your life. No matter what your situation is, if you have kids, you’re going to have to pay for childcare. You’ll either pay for it with your time. Or you’ll pay for it with your money." "I’m not an expert on childcare by any means, but to me, getting interaction with other kids and developing social skills is a good thing for his development." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2937: Jackie Beck explains the concept of "living below your means" as a path to financial freedom, breaking down how spending less than you earn builds security and lessens financial stress. By managing expenses, budgeting, and cutting unnecessary costs, she shows how anyone can take simple steps to achieve a less debt-ridden, more fulfilling life. Read along with the original article(s) here: https://www.jackiebeck.com/what-it-means-to-live-below-your-means/ Quotes to ponder: "Living below your means is about saving some of your money so you can afford things in the future or in case of an emergency." "If it feels like deprivation, I’d argue that you’re doing it wrong. Because even if you do reach your financial goals, what’s the point if you’re completely miserable?" "Money is a tool we can use to build a life of meaning. Financial freedom needs to be way more interesting than consumerism." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2936: Successful investing relies on key traits like patience, confidence, and emotional control, which empower people to ride out market volatility and stick to their financial goals. Vicki Cook and Amy Blacklock outline how embracing continuous learning, understanding risk, and focusing on long-term objectives can help investors especially women close the confidence gap and harness the full potential of compounding to build wealth and security. Read along with the original article(s) here: https://womenwhomoney.com/characteristics-successful-investor/ Quotes to ponder: "Successful investors understand the risk-return relationship and build diversified portfolios aligned with their long-term financial objectives." "Staying focused on your goals, remaining calm, and ignoring the 'noise' during market turmoil are keys to being a successful investor." "Successful investors aren’t just confident; they have humility too. They expect volatility in the market but understand volatility and loss are not the same things." Episode references: The Simple Path to Wealth by JL Collins: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2935: Karen Trefzger explains how minimalist lifestyle choices can unlock financial freedom by cutting unnecessary expenses in areas like housing, cars, entertainment, and education. By simplifying spending and reinvesting the savings, she suggests anyone can build substantial wealth while also gaining peace of mind and flexibility. Read along with the original article(s) here: https://www.maximumgratitudeminimalstuff.com/2024/10/how-to-get-rich-with-minimalism.html Quotes to ponder: "Keeping up with the Joneses is a terrible idea when they’re spending more than they earn." "Cutting back on non-essentials is not a sacrifice, but a gift we give ourselves." "Minimalism isn’t just about having less; it’s about valuing what truly matters." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2934: Paul Millerd explores how the societal default of full-time, year-round employment often blinds us to life’s more meaningful experiences. Sharing his journey from corporate consultant to self-employed, he reveals the hidden costs of trading endless hours for stability and questions the assumptions that keep many people from reclaiming their time and rediscovering genuine fulfillment. Read along with the original article(s) here: https://pmillerd.com/time/ Quotes to ponder: "Those moments where you’ve had enough space and time to connect to yourself are priceless." "What we bought into was a silent conspiracy. One where as long as we remained employed, we could pretend that we had it figured out." "If I had to plant a piece of wisdom in the brain of my younger self it would simply be to tell him that a different state of being is possible." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2933: Investing isn’t just about profit; Steve Pavlina emphasizes the importance of aligning investments with personal values to avoid self-sabotage and create positive social impacts. He suggests focusing on growth-inducing investments in personal development and businesses you control, rather than purely profit-driven options, for a more fulfilling financial journey. Read along with the original article(s) here: https://stevepavlina.com/blog/2012/07/investing/ Quotes to ponder: "Where you invest your money, time, and energy will impact how you feel about yourself as well as how you influence the overall economy." "Investing in personal growth means paying for growth-inducing experiences like books, audio programs, courses, seminars, coaching, training, travel, and more anything that helps you grow." "You’ll find it much easier to invest in alignment with your values since you won’t be fighting a part of yourself." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2932: In this insightful continuation, Mrs. 1500 offers practical strategies for maximizing savings and finding financial freedom on any income level. From reselling thrift-store finds to leveraging free educational resources and simplifying everyday expenses, she emphasizes thoughtful decision-making. It's not about how much you earn but how wisely you manage what you have. Read along with the original article(s) here: https://www.1500days.com/you-dont-have-to-make-100000-a-year-to-retire-early/ Quotes to ponder: "You can make $40K/year and retire when you’re 50. You can also make $120K/year and still have to work when you’re 75. It’s all about choices." "Don’t fall for a beautiful face or a hot body. Look at their decisions and see if they are something you can live with." Episode references: MIT OpenCourseWare: https://ocw.mit.edu/ Codecademy: https://www.codecademy.com/ Treehouse: https://teamtreehouse.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2931: Mrs. 1500 from 1500Days.com shares her thoughts on early retirement, emphasizing that you don’t need to earn a six-figure salary to achieve it. Drawing from her own experience of living frugally, she offers practical tips, such as renting out spare rooms, maintaining a budget car, and delaying major expenses like children, all while finding joy in a simpler lifestyle. Read along with the original article(s) here: https://www.1500days.com/you-dont-have-to-make-100000-a-year-to-retire-early/ Quotes to ponder: "Anyone can stir things together in a bowl. Take a day to make up a bunch of breakfast sandwiches and put them in the freezer so you don’t have to stop at the drive-thru on the way to work because you woke up late." "Delay having children until you can afford them. Now I understand surprises happen, but there are ways to avoid these surprises." "Don’t attend weddings for people you don’t believe will stay together." Episode references: Retire by 40: https://retireby40.org Mr. Money Mustache: https://www.mrmoneymustache.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2930: Heart disease is the leading cause of death in the U.S., but it often goes overlooked in retirement planning. Kathleen Coxwell highlights that the risks of heart attack increase after retirement due to stress, loss of purpose, and lifestyle changes. By focusing on heart-healthy habits such as a proper diet, regular exercise, finding purpose, and having a detailed retirement plan, retirees can significantly improve both their health and well-being. Read along with the original article(s) here: https://www.newretirement.com/retirement/heart-health-and-your-retirement-well-being/ Quotes to ponder: "Heart disease is both the leading cause of death in the U.S. and the most preventable." "Retirees within a year of transitioning from work were 40% more likely to have had a heart attack or stroke than those who were still working." "The key to regular exercise is less the exercise than the regular." Episode references: Health and Retirement Study: https://hrs.isr.umich.edu Holmes-Rahe Stress Inventory: https://www.stress.org/holmes-rahe-stress-inventory Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2929: ESI of ESIMoney.com explores the age-old debate of spending less versus earning more for financial success. Both strategies are essential: spending less yields immediate benefits, while earning more increases financial freedom over time. True financial growth comes from maximizing the gap between income and expenses by controlling spending and boosting earnings. Read along with the original article(s) here: https://esimoney.com/spending-less-versus-earning-more/ Quotes to ponder: “Earning more without controlling spending is a waste.” “The real magic happens when you raise income AND cut expenses.” “Decide what’s important to you and spend on that (in moderation).” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2928: Dr. Jim Dahle offers practical advice on financial decisions that can lead to wealth-building instead of debt accumulation. By choosing used cars, index funds, and experiences over flashy purchases like new cars, actively managed funds, and expensive homes, Dahle highlights the importance of strategic spending for long-term financial success. Read along with the original article(s) here: https://www.whitecoatinvestor.com/buy-this-not-that/ Quotes to ponder: "Building wealth is about buying assets, not stuff." "The purchases that bring the most happiness are shared experiences with people we care about, not the stuff that fills our houses and garages." "You shouldn't buy a brand-new car until you're a millionaire." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2927: Joshua Becker challenges the common pursuit of wealth, arguing that true riches lie beyond financial accumulation. By removing the desire for money, we unlock deeper happiness, security in relationships, and greater fulfillment in life. Becker invites readers to reassess their values, highlighting how generosity, contentment, and purposeful work can replace the relentless drive for wealth. Read along with the original article(s) here: https://www.becomingminimalist.com/richer/ Quotes to ponder: "Happiness has been available to us all along once we remove the desire for money." "People who want to get rich fall into a trap that often leads to ruin and regret." "Generosity is more about priorities than it is about income." Episode references: Zig Ziglar's Quote on Money: https://www.brainyquote.com/quotes/zig_ziglar_125708 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2926: David Champion reflects on the fear many retirees face as they shift from earning income to relying on savings, particularly in volatile times. He highlights how historical resilience in financial markets, combined with flexibility in spending, can help retirees overcome excessive worry about their portfolios running dry. Champion’s own experience offers reassurance that most financial fears are overblown, even amid global crises. Read along with the original article(s) here: https://www.caniretireyet.com/put-your-money-fears-in-perspective/ Quotes to ponder: "Worrying is like paying a debt you don’t owe; I have spent most of my life worrying about things that never happened." "The fear of outliving my savings has abated. With five years of data in the rearview mirror, the upshot is that my net worth is 6.3% higher today than it was when I retired." "For many who still work, the only thing standing between them and their dreams is the perceived vulnerability of their nest eggs." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2925: Derick Van Ness challenges readers to stop seeking external validation and start trusting their instincts to make bold decisions. He emphasizes that real success comes from carving your own path, rather than conforming to societal expectations, and highlights the opportunity cost of following the status quo, which often leads to missed financial and personal growth opportunities. Read along with the original article(s) here: https://www.biglifefinancial.com/blog/2018/6/16/stop-asking-for-permission & https://www.biglifefinancial.com/blog/2017/9/4/what-no-financial-advisor-will-ever-tell-you Quotes to ponder: "It's ok to be different. In fact, the world NEEDS you to be different. It's how you create unique value in the world and why people love you!" "Choosing your own path truly is the key to success. It's what has created the best parts of your life, so don't be afraid of it." "The opportunity cost of seeking too much external validation from the wrong people is that you end up creating a life that isn’t authentic to you." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2924: Jesse Cramer explores how smart financial planning mirrors basketball strategy: take the guaranteed shot instead of chasing risky gains. He explains how narrowing the range of outcomes through careful planning like diversifying investments or giving yourself time leads to financial dependability and peace of mind, avoiding unnecessary risks. Read along with the original article(s) here: https://bestinterest.blog/slam-dunk-financial-planning/ Quotes to ponder: "There’s a 60% chance I live the exact lifestyle I want to in retirement. But no matter what, all three scenarios are acceptable to me, so there’s a 100% chance I’ll enjoy life throughout my retirement." "Reducing your range of outcomes has many benefits. In this particular basketball scenario, simple math supports it; 99% of 2 points is better than ~40% of 3 points." "Why risk something you have and need for something you don’t have and don’t need?" Episode references: Risk Parity Radio podcast: https://www.riskparityradio.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2923: Jessica challenges conventional money advice, like the 50/30/20 rule, as ineffective for high-achievers. Instead of following one-size-fits-all budgeting models, she suggests decluttering financial priorities and creating personalized guidelines that align with individual goals and seasons of life. This approach helps achievers build a financial plan that truly supports the life they desire. Read along with the original article(s) here: https://www.nachoaveragefro.com/blog/50-30-20-budgeting-wont-help-you-build-the-life-you-desire Quotes to ponder: "You cannot build the life you want using someone else's rules." "Eliminating overwhelm is always the first step." "Your budget line items will drive your actions and subsequent habits and routines." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2922: Nir Eyal explores the power of betting on yourself to change habits, highlighting a study that shows how putting money at risk can significantly boost success rates, particularly in quitting smoking. Despite its effectiveness, this approach remains underused due to fear of failure and the discomfort of risking money. Eyal delves into why people resist such bets and how understanding that resistance can lead to better self-discipline. Read along with the original article(s) here: https://www.nirandfar.com/habits-bet/ Quotes to ponder: "People who risked $150 of their own money to win a $650 bonus prize were dramatically more likely to quit smoking than those who used traditional smoking cessation methods." "Only 13.7% of the participants assigned to the deposit program chose to enroll in it, whereas 90.0% of those assigned to the reward program chose to enroll." "Behavior change is hard and people will inevitably fail." Episode references: New England Journal of Medicine study on smoking cessation: https://www.nejm.org Nudge: https://www.amazon.com/Nudge-Improving-Decisions-Health-Happiness/dp/014311526X Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2921: Andy Hill shares practical steps for parting ways with a financial advisor who may not be prioritizing your best interests. He outlines a straightforward, five-step guide to transition to a new advisor or self-directed investing. With insights on selecting an advisor, understanding fees, and minimizing emotional discomfort during the process, this guide empowers listeners to take charge of their financial future. Read along with the original article(s) here: https://marriagekidsandmoney.com/how-to-leave-your-investment-broker-in-5-simple-steps/ Quotes to ponder: "Try your best to remove emotion from the equation. You may hurt some feelings but this is your retirement we're talking about here!" "We didn't feel like we had a partner in our retirement success anymore. He was not performing his fiduciary duty." "Avoid commission-based financial advisors. They can be more interested in selling you products than advising you toward a successful retirement." Episode references: Econome Conference YouTube Channel - "Are FIRE and financial advisors incompatible?": https://www.youtube.com/watch?v=Qa7vLbUvPoI Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2920: Feeling financially stuck often comes from living according to external pressures, but Jaime shares how questioning assumptions, experimenting with lifestyle changes, and taking action can lead to financial freedom. By simplifying their lives, selling unused possessions, and reassessing their spending, Jaime and Chris created a path to flexibility, travel, and meaningful work. These practical steps offer a blueprint for anyone wanting to align their money with their values and dreams. Read along with the original article(s) here: https://www.keepthrifty.com/get-unstuck-financially/ Quotes to ponder: "It wasn’t until we became a family of five that we realized we were broken. We had a nice home and a good job but we found ourselves unhappy." "Once we created this vision, a vision that aligned with our own values, we found the strength to question more." "After asking ourselves all those questions we realized that we wanted to simplify our life and make room for our dreams." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2919: In her reflective piece, A Purple Life explores how both retirement and college offered her the ultimate freedom to control her time and activities. She draws parallels between the stillness, constant learning, and community of both phases but concludes that retirement, with the added benefit of financial security and self-direction, is even better than her college days. This comparison highlights the joys of autonomy and a balanced life. Read along with the original article(s) here: https://apurplelife.com/2023/07/11/retirement-is-like-college/ Quotes to ponder: "Now I’ve started doing nothing again in retirement. It was so peaceful." "Learning makes me happy and being able to follow my curiosity wherever it takes me is a wonderful gift." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2918: Talking about money has long been considered taboo, but Robyn Goldfarb challenges this notion by sharing her experience of how liberating it can be to discuss financial struggles openly. By removing the stigma surrounding money, we can foster support and understanding among friends. Goldfarb emphasizes that self-worth shouldn’t be tied to financial status, and encourages creating an atmosphere of openness without judgment when addressing money with others. Read along with the original article(s) here: https://adimesaved.com/talk-about-money Quotes to ponder: "I was so used to conflating my money or lack thereof with my own self-worth as if it was my fault that I was unemployed." "It was considered 'socially-off' actually to ADMIT something like that. The words 'I can’t afford it' were one of the most embarrassing things to say." "Once we realized that we were in the same boat, we were able to support each other." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2917: Kalen Bruce explains why budgeting works for some but isn't necessary for everyone. While he personally finds value in budgeting for freedom and peace of mind, he acknowledges that many people can succeed without a budget if they prioritize key financial habits like saving for retirement, securing insurance, and preparing for large expenses. The choice comes down to what works best for your financial goals and lifestyle. Read along with the original article(s) here: https://moneyminiblog.com/budgeting/why-i-budget-and-why-you-dont-have-to Quotes to ponder: "I budget for the sake of freedom. I know that I can buy everything in my budget, when I spend every cent on paper before the month starts." "If you will set these things to automatically come off the top of your income, you will be set up for success, and you can freely spend the rest of your money on whatever you want." "You may hate budgeting. If so, welcome to the majority!" Episode references: Procrastinate on Purpose by Rory Vaden: https://www.amazon.com/Procrastinate-Purpose-Doing-Multiply-Time/dp/0399170634 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2916: Dave of AccidentalFIRE.com emphasizes the importance of focusing on the "big stuff" in personal finance, housing, and transportation rather than obsessing over small expenses like daily cappuccinos. By minimizing costs on these major areas, he demonstrates how you can enjoy financial freedom without sacrificing the things that bring joy. His approach of avoiding lifestyle inflation and maximizing savings led to long-term wealth, proving that smart, big decisions make the biggest impact. Read along with the original article(s) here: https://accidentalfire.com/2017/11/04/hello-world/ Quotes to ponder: “It’s about choices. I made mine based on the size of the mathy-ness involved.” “If I could save the maximum amount on those two things, I’d be in the winning column.” “I didn’t try to keep up with the Joneses, cuz I hate the friggin’ Joneses.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2915: Andrea Joy of SavingJoyfully.com explores how pride can sabotage your financial well-being by pushing you to make unnecessary purchases to please others or fit in. By understanding your motivations and embracing your unique worth, you can shift from chasing material validation to achieving financial freedom and inner contentment. Read along with the original article(s) here: https://savingjoyfully.com/blog/stop-letting-pride-keep-you-broke Quotes to ponder: "Your worth IS NOT in the money you have, the car you drive, a career you have, clothes you wear, or even in how you look." "Pride will keep you broke. You will always struggle financially because you will always find something else that you need to fulfill a new unmet desire." "Learn to define healthy and unhealthy spending habits so that you can easily determine if a purchase should be made." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2914: Dr. Lorne Campbell explores whether people's preferences for a romantic partner predict their actual relationship choices. Research shows that while preferences often align with descriptions or ideals, they don't consistently match who we are drawn to in real-life interactions. This gap in understanding offers a valuable opportunity for future studies, suggesting that romantic preferences may be less influential than we think in forming lasting relationships. Read along with the original article(s) here: https://www.luvze.com/do-your-preferences-for-a-romantic-partner-influence-your-actual-choice-of-romantic-partner/ Quotes to ponder: "People’s preferences for a romantic partner predict how much they like written descriptions of other people, but not how much they like actual people after meeting them." "A study that uses self-reports of behavior as a proxy for actual behavior is only as informative as the existing knowledge of the association between the two." "We know a lot about people’s preferences for future romantic partners, but we know very little about how these preferences influence people’s decisions to begin romantic relationships." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2913: Kelley Long explores how a common money belief spending based on what you can afford instead of what you truly need can keep people in debt. She highlights how small, seemingly insignificant decisions, like choosing convenience over saving money, reflect a mindset that often leads to financial struggle, regardless of income. Her personal journey from paycheck-to-paycheck living to financial stability shows the power of shifting one's approach to spending and saving. Read along with the original article(s) here: https://www.financialfinesse.com/2018/11/06/this-money-belief-is-what-keeps-many-people-in-debt/ Quotes to ponder: "Every dollar I don’t spend today is a dollar that can help me stop working sooner." "Spending according to what you need. It’s a mindset." "Just because you can squeeze $450/month out of your budget in order to make a car payment doesn’t mean you need that nice of a car." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2912: Lisa Harrison offers eight practical strategies to help you move to a new home without straining your finances. From researching moving costs to selling unneeded belongings and sticking to a budget, these tips can make a potentially stressful process more manageable and affordable. Whether you’re buying or renting, careful planning can turn the challenge of moving into a smooth, cost-efficient transition to your new home. Read along with the original article(s) here: https://madmoneymonster.com/2022/07/26/8-tips-on-how-to-move-to-your-next-house-on-a-budget/ Quotes to ponder: "Moving on a tight budget doesn’t have to mean sacrificing comfort - it just requires resourcefulness and strategic planning." "You never know; you might actually be able to make some money from your old things." "As long as you know your budget and stick to it, you can move with as little stress as possible and be able to enjoy your new home." Episode references: Goodwill: https://www.goodwill.org Salvation Army: https://www.salvationarmyusa.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2911: William Cowie explains how, even starting at 40, you can build a secure retirement by working harder and considering less passive investments like real estate. His advice includes serious budgeting, debt elimination, and potentially taking on a second job to catch up. While it won't be easy, Cowie emphasizes that there is always hope and a path to financial independence, no matter when you begin. Read along with the original article(s) here: https://www.getrichslowly.org/starting-to-save-for-retirement-at-40/ Quotes to ponder: "It’s never too late to start, but the later you begin, the harder the work." "Life isn’t always kind nor is it predictable but we don’t have to make it harder for someone else." "If you’re getting a late start, you’re likely going to need to make a dramatic change to catch up." Episode references: Catching Up to FI: https://www.catchinguptofi.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2910: Turning 40 can trigger concerns about retirement savings, especially if you’ve barely started. William Cowie explores strategies for catching up, emphasizing the tough math behind investing more or accepting higher risks to make up for lost time. His practical advice acknowledges the challenges while offering pathways to securing a retirement, even with a late start. Read along with the original article(s) here: https://www.getrichslowly.org/starting-to-save-for-retirement-at-40/ Quotes to ponder: "You missed the luxury train to retirement. It’s not pleasant to hear, but it’s true." "The question is not risk or no risk, it is how much risk." Episode references: City of Detroit Bonds: https://www.muninetguide.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2909: J. Money humorously emphasizes the importance of life insurance, which he rebrands as "Mo’ Money, Less Problems" (MMLP) insurance. He encourages readers to think about how it provides financial peace of mind for loved ones in the event of death, while sharing his personal experience with term life insurance. Even though discussing life insurance may seem dull, it's a necessary conversation to ensure the financial security of one's family. Read along with the original article(s) here: http://www.budgetsaresexy.com/time-to-get-a-life-insurance-movement/ Quotes to ponder: "When you die, your entire family is going to be crushed and the last thing on their mind will be money." "The point of all this though, is to GIVE LIFE INSURANCE SOME THOUGHT today." "Money can’t bring you back or kiss your family on the forehead every night, but it sure can improve their lives forever and ever." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2908: Mike Ballew highlights essential lessons he learned post-retirement, including the unpredictability of expenses, the critical importance of family relationships, and the reality that retirement can lead to boredom if not well-planned. He also covers the challenges of healthcare costs, the unreliability of Social Security, and the need to balance saving for the future with enjoying life now. His reflections offer practical insights for a more fulfilling retirement. Read along with the original article(s) here: https://eggstack.com/blog/2022-01-30-7-Things-I-Wish-I-Knew-Before-I-Retired/ Quotes to ponder: "Putting family first pays better returns than any job or investment ever could." "If you are not prepared for it, your life can quickly devolve into a meaningless existence." "Retirement is the last chapter of your life. If ever there was a time to start thinking about where you are going, this is it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2907: Regularly checking your credit report and understanding how credit works can save you from costly mistakes. In this article, Kumiko breaks down six common credit myths that could lead to poor financial decisions. From clarifying how credit inquiries work to explaining why keeping a balance on your credit card won’t help your score, this guide empowers you with the facts you need to protect your credit and improve your financial well-being. Read along with the original article(s) here: https://www.thebudgetmom.com/6-credit-myths-that-can-cost-you-money/ Quotes to ponder: "It’s essential to pay off your credit card balances each month, not just to save money on interest, but also to keep your balance-to-limit ratio low." "Some believe this myth because they think that having a balance demonstrates responsible credit use. However, proving you are responsible with credit doesn’t mean you have to carry a balance." "If you track your spending and manage credit cards the right way, there’s nothing inherently wrong or dangerous about those little pieces of plastic." Episode references: Federal Trade Commission - Identity Theft: https://www.consumer.ftc.gov/features/identity-theft AnnualCreditReport.com: https://www.annualcreditreport.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2906: Volunteering is one of the most transformative actions you can take to improve both personal well-being and community health. As Naomi Imatome-Yun explains, volunteering not only reduces stress and boosts self-confidence, but also builds a strong social network, combats loneliness, and enhances physical health. It’s a fulfilling way to reconnect with a sense of purpose and contribute to something greater than oneself. Read along with the original article(s) here: https://www.bluezones.com/2019/07/why-volunteering-is-one-of-the-most-powerful-things-you-can-do-for-your-health/ Quotes to ponder: Volunteering to help gave me all this energy I had stored up for a purpose." "Helping someone else, making someone else’s day helps US feel better in turn." "After it was over, I was exhausted with the biggest smile on my face." Episode references: Tuesdays with Morrie: https://www.amazon.com/Tuesdays-Morrie-Young-Greatest-Lesson/dp/076790592X Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2905: Chelsea from SmartMoneyMamas.com encourages a proactive approach to financial health by setting realistic and personal financial goals. Through meaningful discussions with your partner and addressing key areas like emergency funds, debt, and long-term savings, you can create a strong foundation. By establishing staggered, achievable goals, you’ll feel motivated to take control of your finances, reduce stress, and celebrate progress along the way. Read along with the original article(s) here: https://smartmoneymamas.com/step-0-turn-off-autopilot/ Quotes to ponder: "Turn off autopilot and steer towards a real goal!" "Undergoing this journey on your own will only be frustrating, and setting your family goals and trying to dictate them to your spouse isn’t going to give them the warm and fuzzies." "Taylor Swift will be so much more enjoyable if you aren’t worried about the credit card bills for six months after the concert." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2904: Wanderer of Millennial Revolution shares an inspiring story of a couple who followed FIRE (Financial Independence, Retire Early) principles and transformed their financial situation. By cutting ties with a high-fee financial advisor, embracing low-cost investments, and leveraging digital nomadism, they reached millionaire status in just five years - proving that intentional financial decisions can lead to incredible results. Read along with the original article(s) here: https://www.millennial-revolution.com/build/case-study/stuck-no-more/ Quotes to ponder: "Instead of 10 years, they’ve completely turned things around and did it in 5! And they’re millionaires to boot!" "FIRE is the only strategy I’ve ever encountered that actually works, and we’re so grateful for the opportunity to share it with so many wonderful people like these readers." Episode references: Vanguard Total Stock Market ETF: https://investor.vanguard.com/etf/profile/VTI Extraordinary Event (Chautauqua): https://www.fichautauqua.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2903: Justin Haley Phillips shares a personal story of how financial abuse subtly infiltrated her life, revealing the manipulative tactics abusers use to gain control. By recounting her own experience, she highlights how financial entanglements can often accompany emotional and psychological abuse, leaving victims trapped. Phillips encourages listeners to trust their instincts, stand firm, and recognize their worth, offering practical insights on navigating such challenging situations. Read along with the original article(s) here: https://tinybuddha.com/blog/recognizing-the-strategic-manipulation-of-financial-abuse/ Quotes to ponder: "I have endured, I have been broken, I have known hardship, I have lost myself. But here I stand, still moving forward, growing stronger each day." "Abuse isn’t always a black eye, or even insults and degradation. Sometimes it’s all the right words with all the wrong intent." "Don’t doubt yourself. A manipulative abuser will gaslight you, coming from every angle to make themselves appear right and make you seem wrong." Episode references: The Tinder Swindler: https://www.netflix.com/title/81254340 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2902: Sarah Von Bargen offers practical yet creative ways to save money for major purchases, from taking on a side hustle to cutting non-essential expenses and selling unused items. Her tips range from everyday budgeting strategies to more extreme measures like participating in medical studies or teaching ESL abroad, all while staying focused on your long-term goals. Read along with the original article(s) here: https://www.yesandyes.org/2010/02/how-to-save-up-for-big-ticket-items.html Quotes to ponder: "Realize that every non-essential thing you buy is a step away from your dream." "No amount of budgeting will help if you’re not in the right mindset." "Make an active effort to remind yourself why you’re making these sacrifices." Episode references: Craigslist: https://www.craigslist.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2901: James Altucher reflects on his experiences with wealth, revealing that despite acquiring significant financial success, the emotional and psychological outcomes were complex. He recounts moments of fleeting safety and abundance but emphasizes how quickly these feelings faded into scarcity and isolation. Through personal anecdotes, Altucher illustrates that money alone does not equate to happiness or fulfillment, showing that true richness comes from an internal state of mind. Read along with the original article(s) here: https://jamesaltucher.com/blog/what-it-feels-like-to-be-rich/ Quotes to ponder: "I realized I never knew the value of money. I had never even been aware of money before." "Money is a great thing but money finds a home only in places where it’s appreciated. I didn’t appreciate the money. So it left me." "Feeling rich or abundant is a state of mind. It’s cultivated by how much fulfillment you get out of the way you spend your time, how much gratitude you express, the influence of the people you surround yourself with, and where you focus your attention." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2900: Doc G explores the challenge of achieving spousal buy-in on the journey to financial independence. While one partner may dive headfirst into the FIRE movement, the other often needs time, persuasion, and exposure to the lifestyle's math and community before fully embracing the idea. The article emphasizes the importance of patience, mutual understanding, and realistic discussions to align financial goals. Read along with the original article(s) here: https://www.earnandinvest.com/blog/9iir510msvrt4pup2rm89gq1be3298 & https://www.earnandinvest.com/blog/x0u2rydfvclvnruwdqv6aqouvzhu1i Quotes to ponder: "You really trust these cooks on the internet? They are lying to you and making it sound better than it really is. What the hell is a money mustache anyway?" "The numbers are the numbers. Take the time to make sure your spouse understands them." "Why would one ever attain spousal buy-in if it required living like a monk?" Episode references: Playing with FIRE Documentary: https://playingwithfire.co/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2899: Understanding your behavioral tendencies is essential for long-term investing success, according to Nick Maggiulli. His personal story of investing in gold highlights the importance of knowing how you'll react to volatile assets. While many focus on optimizing portfolios, the key to sustained returns lies in understanding your emotional responses and making decisions aligned with your true investing self. Read along with the original article(s) here: https://ofdollarsanddata.com/know-thy-investing-self/ Quotes to ponder: "The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer." "Investing is primarily a behavioral exercise, not an analytical one." "The full flavor of losing money cannot be conveyed by literature." Episode references: The Money Game by Adam Smith: https://www.amazon.com/dp/0394721039 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2898: Steve Pavlina reflects on how his daily blogging challenge has cultivated discipline across various areas of his life. By sticking to this habit, he has experienced a ripple effect that enhances his ability to avoid stimulants, wake up earlier, and maintain a consistent exercise routine. Pavlina emphasizes that while building discipline is tough, it ultimately leads to greater stability and fulfillment. Read along with the original article(s) here: https://stevepavlina.com/blog/2020/05/discipline-ripples/ Quotes to ponder: "It’s hard to stretch ourselves to tackle discipline-building challenges, but note that it does get easier as your mind grows stronger." "Raising your standards is hard. Keeping them raised is much easier." "When you train up your discipline and then apply it to your life, you don’t suffer every day because the rewards of discipline are greater than the temporary pleasures of an undisciplined life." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2897: U-Ming Lee challenges the conventional wisdom of avoiding lifestyle creep, arguing that some level of it is both natural and beneficial. He emphasizes that living too austerely can be detrimental to mental well-being and suggests a balanced approach of mindful consumption, where purchases are made thoughtfully based on personal value rather than societal pressures or extreme frugality. Read along with the original article(s) here: https://themakingofamillionaire.com/some-lifestyle-creep-is-inevitable-it-may-even-be-desirable-dd3ff08d66c4 Quotes to ponder: "Forced austerity has a corrosive impact on your mental well-being." "Mindful consumption strikes a happy balance between rigidly self-enforced austerity and excessive consumption." "Rising living conditions signal that we are improving our lot in life." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2896: Karen Trefzger continues her exploration of how to break free from consumerism by offering practical strategies such as reducing media consumption, decluttering, and extending the lifespan of your belongings. She emphasizes intentional living through mindful purchasing and generosity, encouraging readers to find fulfillment beyond material possessions. Read along with the original article(s) here: https://www.maximumgratitudeminimalstuff.com/2023/02/9-ways-to-free-yourself-from-trap-of.html Quotes to ponder: "Make it harder to shop. Unsubscribe from email lists and sales notifications, remove your credit card details from websites, and stop browsing in tempting stores." "Instead of treating yourself to fast food, fast fashion, made-in-China home décor, or yet another tech gadget, spend your money on an experience." "The amount of clutter you have betrays your consumption habits." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2895: Karen Trefzger challenges us to break free from the relentless cycle of consumerism that leaves us perpetually unsatisfied. By recognizing the signs of overconsumption and adopting mindful strategies, we can regain control over our lives and focus on what truly matters. Read along with the original article(s) here: https://www.maximumgratitudeminimalstuff.com/2023/02/9-ways-to-free-yourself-from-trap-of.html Quotes to ponder: "Life requires consumption. But consumerism is a social and economic order that encourages the acquisition of goods and services in ever-increasing amounts." "We have to consume in order to survive, but we don't have to consume an ever-increasing amount, even if everyone expects us to." "By slowing down, you give yourself the chance to be intentional rather than emotional about your purchases." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2894: Amanda Amezcua explores the challenges couples face when trying to manage finances together, especially when one partner is a spender. She provides practical strategies to align financial goals, create collaborative budgets, and maintain open communication, helping partners work together toward financial harmony without sacrificing their relationship. Read along with the original article(s) here: https://womenwhomoney.com/budget-when-partner-spending/ Quotes to ponder: "It’s easier and more productive to change how you budget rather than try to change each other’s nature." "Have patience with your partner. Resist being critical. Forgive slip-ups." "Working to identify values then validating them by creating shared goals will help your partner to feel accepted." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2893: Saving money in your 20s sets the foundation for long-term financial security, allowing you to take advantage of compound interest and develop responsible financial habits. Michelle Schroeder-Gardner argues that starting early doesn't mean sacrificing a vibrant life; instead, it equips you to navigate future challenges and opportunities with greater ease and confidence. Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/10/why-saving-money-in-your-20s-is-a-good-idea.html Quotes to ponder: "Saving money in your 20s means you’re doing something RIGHT." "Compound interest is one BIG reason for why you should start saving money as early as you can." "There is no reason to spend all of your money just because you want to." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2892: Philip Taylor outlines the numerous benefits of starting a Roth IRA, emphasizing its tax advantages, flexibility, and ease of setup. Whether you're young or nearing retirement, a Roth IRA offers an excellent way to diversify your tax strategy, grow your retirement savings, and even provide funds for major life events like buying a first home. Taylor encourages taking action now to secure a financially stable future. Read along with the original article(s) here: https://ptmoney.com/start-roth-ira-10-good-reasons/ Quotes to ponder: "You’ll be more prepared for retirement. The Roth IRA was created to provide incentive for you to save for your own retirement. Use it." "With a Roth IRA, you can withdraw all of your funds tax-free and without penalty at age 59 and a half." "Invest in a Roth IRA while you still can." Episode references: Roth IRA Rules: https://www.irs.gov/retirement-plans/roth-iras How I Opened My First Roth IRA: https://ptmoney.com/opening-a-roth-ira/ The Taxpayer Relief Act of 1997: https://www.congress.gov/bill/105th-congress/house-bill/2014 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2891: Ann Davis shares her personal journey of choosing between financial stability and pursuing her dream. Through her experiences of financial hardship and the lessons she learned, Davis emphasizes the importance of balancing dreams with financial responsibility. She encourages readers to trust their instincts, lean on friendships, and take steady action while maintaining financial security. Read along with the original article(s) here: https://tinybuddha.com/blog/should-you-sacrifice-financial-stability-to-pursue-your-dream/ Quotes to ponder: "If your gut is telling you that quitting feels risky, be creative and find a way to pursue your dream while still maintaining your financial stability." "It was work that fulfilled my soul but not my wallet." "Trust me; you can pursue your dream slowly and still take care of yourself financially." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2890: Shana Olmstead shares her journey of navigating feelings of loneliness and finding a sense of belonging by pushing herself to connect with others despite initial discomfort. Through her experiences, she highlights the importance of community, spiritual connection, and trusting one's intuition to find where they truly belong. Read along with the original article(s) here: https://shanaolmstead.com/2020/03/02/finding-belonging/ Quotes to ponder: "It’s hard and scary to not feel a sense of belonging. We are created to belong and have a feeling of connection and community." "Even though I felt old and out of place at college, I pushed myself to reach out and invite people to get together and ended up with lifelong family." "We also sometimes outgrow the sense of belonging we have always had as we grow and evolve." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2889: Jen Hayes explores the emotional toll of debt and offers practical strategies to maintain contentment despite financial burdens. By reshaping your thoughts, focusing on progress, and finding supportive communities, you can cultivate a positive mindset that fosters resilience and peace of mind, even in challenging financial times. Read along with the original article(s) here: https://www.jenhayes.me/how-to-find-contentment-when-youre-deep-in-debt/ Quotes to ponder: “It is your thoughts about your circumstances that drive your emotions.” “Remember that you’re comparing your behind-the-scenes life to someone else’s highlight reel.” “Paying off debt is tough, but so are you.” Episode references: Natalie Bacon Blog: https://nataliebacon.com Dave Ramsey: https://www.daveramsey.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2888: Lisa Harrison challenges the common habit of living paycheck to paycheck, even with a high salary, by advocating for a lifestyle that prioritizes living below one's means. She offers practical tips on budgeting, tracking net worth, and cutting unnecessary expenses, empowering individuals to break free from financial stress and build real wealth. Read along with the original article(s) here: https://madmoneymonster.com/2017/05/01/how-to-stop-being-broke-with-high-salary/ Quotes to ponder: "High salary or not, look around you and you’ll likely see your friends buying bigger houses, new cars, etc. In order to keep up with this kind of lifestyle, even for high-salaried couples, you’re probably going to be broke." "The quickest fix to stop being broke with a high salary is to Live Below Your Means. It’s the oldest wealth-building secret in the book, and yet it escapes most of us." "Be an individual. Go against the grain. And wonderful things will happen." Episode references: Stop Acting Rich: https://www.amazon.com/Stop-Acting-Rich-Start-Living/dp/0470482559 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2887: Jeff Rose candidly shares his experience of failing as a financial advisor during the 2008 market crash, highlighting the emotional toll of watching a client make a detrimental decision. His story underscores the importance of financial literacy and the dangers of relying solely on an advisor without understanding the market risks and long-term investment strategies. Read along with the original article(s) here: https://www.goodfinancialcents.com/one-of-the-times-i-failed-as-a-financial-advisor/ Quotes to ponder: "There have been many times I have failed as a financial advisor, but there is one instance that still haunts me to this day." "It finally hit the bottom on March 9th, 2009, but obviously, no one knew that." "At the end of the day, it’s your money and you’re in charge and I’ll do what you want me to do." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2886: JD Roth from GetRichSlowly.org emphasizes the importance of aligning financial decisions with long-term personal goals. He guides readers through a structured approach to goal-setting, starting with imagining an ideal future and breaking it down into actionable steps. This method ensures that every financial decision, no matter how small, contributes to achieving larger life dreams. Read along with the original article(s) here: https://www.getrichslowly.org/make-a-wish-list-of-financial-goals/ Quotes to ponder: "If one moves confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours.” "The best way to make sense of short-term personal finance decisions is to have a clear long-term objective." Episode references: Design Your Life by Bill Burnett and Dave Evans: https://www.amazon.com/Designing-Your-Life-Well-Lived-Joyful/dp/1101875321 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2885: Paula Pant challenges the traditional freelancer's mindset, emphasizing that true freedom comes from owning assets rather than merely being self-employed. Drawing inspiration from Robert Kiyosaki's Cashflow Quadrant, Pant encourages a shift from trading time for money to creating self-sustaining wealth through smart investments, ultimately achieving a life where work becomes optional. Read along with the original article(s) here: https://affordanything.com/owner-mindset/ Quotes to ponder: "Freedom isn’t ‘being your own boss’ - it’s the ability to fire any boss, including yourself." "Wealth is measured in time, not dollars." "Self-employment is great, but not needing employment (self or otherwise) is the true goal." Episode references: The Millionaire Next Door by Thomas J. Stanley and William D. Danko: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Cashflow Quadrant by Robert Kiyosaki: https://www.amazon.com/Cashflow-Quadrant-Robert-T-Kiyosaki/dp/1612680054 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2884: Owning a home can be a powerful financial strategy when approached thoughtfully, as Mr. 1500 shares. By purchasing homes in need of repair and in neighborhoods on the rise, he has turned his investments into profitable ventures. Beyond financial benefits, homeownership provides stability, opportunities to learn new skills, and the satisfaction of creating a personalized space. Read along with the original article(s) here: https://www.budgetsaresexy.com/this-is-why-i-own-a-home/ Quotes to ponder: "Owning a home gives me a sense of stability that renting never could." "The financial benefits of homeownership extend far beyond just building equity." "It’s the one place in the world where you get to call the shots and really make it your own." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2883: Jesse Cramer reveals why attempting to time the market rarely pays off, using the stories of three investors to show that even perfect market timing only marginally improves portfolio outcomes. The stress and uncertainty of waiting for the "right moment" often outweigh the minimal financial benefits, making a steady investment approach more appealing. Read along with the original article(s) here: https://bestinterest.blog/the-near-zero-benefit-from-timing-the-market/ Quotes to ponder: "Zero skill, zero luck, zero stress. He just kept on buying. And he’s in a great place." "This is a scenario where the juice simply isn’t worth the squeeze." "While your money is out of the market, sitting on the sidelines, what will you be thinking? Are you going to be relaxed, with ice in your veins?" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2882: Rachel Trotta shares practical strategies for building stronger, more confident legs by focusing on muscle-toning exercises, increasing daily activity, and smart nutrition choices. She emphasizes the importance of sustainable habits over quick fixes, guiding women toward long-term improvement and body positivity. Read along with the original article(s) here: https://racheltrotta.com/fitness/better-booty-toolkit/ Quotes to ponder: "Most women, even very fit women, have cellulite, and losing scale weight isn’t always the solution." "Strength training is how you’re going to achieve the definition you want to see." "Focus on one day at a time, and build sustainable practices for long-term results." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2881: Vekevia Tillman-Jones outlines three situations where using a debit card can backfire, leading to financial headaches like overdraft fees and increased vulnerability to fraud. She offers practical alternatives to help you manage these risks while still sticking to a cash-based approach. Read along with the original article(s) here: https://www.financialfinesse.com/2018/02/20/3-times-you-should-avoid-using-your-debit-card/ Quotes to ponder: "Trying to spend those held dollars before the hotel releases it could lead to an overdraft in your account, even though the hold eventually goes away." "Sometimes it seems like the internet is just one big hackathon with thieves stealing your info no matter how hard you work to protect it." "Credit card companies are also much quicker with crediting your account back to make you whole from unauthorized transactions." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2880: Steve Chen explores how reverse mortgages can serve as a financial "spare tire" for retirees facing unexpected challenges. By tapping into home equity, retirees can maintain their lifestyle during downturns or emergencies, though it’s crucial to understand the complexities and potential risks before making this significant decision. Read along with the original article(s) here: https://www.newretirement.com/retirement/reverse-mortgage-as-back-up-plan/ Quotes to ponder: "A reverse mortgage allows homeowners aged 62 and older to convert a portion of their home equity into funds that they may use at their own discretion." "For many retirees, their home is a valuable source of net worth." "The HECM line of credit has a growth feature, which means that the unused loan balance grows over time." Episode references: National Reverse Mortgage Lenders Association: https://www.nrmlaonline.org/ The Reality of the Retirement Crisis: https://www.americanprogress.org/article/the-reality-of-the-retirement-crisis/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2879: Ramit Sethi shares actionable strategies to rebuild your credit, emphasizing the importance of negotiating a lower APR, maintaining long-term credit card accounts, and responsibly increasing your credit limit. He also provides guidance on selecting the right credit card, especially for those starting with bad credit or no credit history, to help you progress towards better financial health. Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/credit-cards-to-rebuild-credit/ Quotes to ponder: "To avoid having your account shut down, set up an automatic payment on any card that is not your primary card." "Lower is preferred because lenders don’t want you regularly spending all the money you have available through credit." "Fees are only going to slow you down at this stage." Episode references: I Will Teach You to Be Rich by Ramit Sethi: https://www.amazon.com/Will-Teach-You-Rich-Second/dp/1523505745 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2878: Ramit Sethi breaks down the key strategies to rebuild your credit by leveraging credit cards responsibly. He emphasizes avoiding impulsive decisions like accepting unsolicited credit card offers, choosing the right card for your needs, and the critical importance of paying your bills on time. With practical advice, Sethi highlights how to maximize rewards and minimize fees to improve your credit score and overall financial health. Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/credit-cards-to-rebuild-credit/ Quotes to ponder: "Taking a credit card offer you get in the mail is like marrying the first person who touches your arm." "If you can avoid the unreasonable fees and tricks, credit cards offer exceptional benefits." "The single most important thing you can do to improve your credit is to pay your bills on time." Episode references: Bankrate: https://www.bankrate.com Fair Isaac Corporation: https://www.fico.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2877: Navigating financial planning as a single parent can be daunting, but Riya from TheBudgetMom.com offers essential strategies to ensure financial stability for yourself and your children. From securing life insurance to preparing for retirement, these tips empower single parents to budget wisely, protect their families, and plan for a secure future. Read along with the original article(s) here: https://www.thebudgetmom.com/6-financial-planning-tips-for-single-parents/ Quotes to ponder: "Prioritizing retirement over college is critical if you do not have money available to allocate to both." "By planning for these everyday expenses, you can avoid having to consider them as stressful, unexpected expenses." "A rainy-day fund provides you with the financial plan you need." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2876: Craig Stephens reflects on the freedom of life without the constraints of time and money, drawing from his own experiences of traveling the world in his 20s and navigating adulthood responsibilities. He contrasts the carefree nature of childhood and the deliberate sacrifices made as an adult to achieve future freedom, inspiring a thoughtful approach to balancing life's pleasures and responsibilities. Read along with the original article(s) here: https://www.retirebeforedad.com/life-without-constraints-time-money/ Quotes to ponder: "With a few thousand dollars in the bank, I was free to travel without the constraints of time and money." "I had all the time and money I needed to do exactly what I wanted to do every single day." "We choose this lifestyle knowing its costs and constraints." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2875: Nick Maggiulli explores whether maxing out your 401(k) contributions earlier in the year provides a significant financial advantage. While maxing early can offer a slight benefit due to market growth, the impact is modest unless done consistently over many years. The feasibility of this strategy depends on income level, and the importance of checking for employer matching provisions cannot be overstated. Read along with the original article(s) here: https://ofdollarsanddata.com/max-out-401k-early/ Quotes to ponder: "Maxing out your 401(k) earlier in the year can make a bigger difference if you do it for multiple years in a row." "If you are someone who needs every extra dollar you can get, then maxing early should help." "The benefit of doing so isn’t worth the mental cost." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2874: Rachael Kable challenges the traditional concept of life balance, suggesting instead the importance of feeling balanced. She shares practical tips on recognizing personal life balance disruptors, like stress and social media, and emphasizes the role of balance protectors such as sleep and self-care. By identifying these elements and adjusting our actions, we can cultivate a more satisfying and well-rounded life. Read along with the original article(s) here: https://www.rachaelkable.com/blog/life-balance-disruptors-and-protectors Quotes to ponder: "I don’t actually believe in life balance. However, I do believe in feeling balanced." "Awareness of your balance disruptors is great, however, you can also consciously choose to minimize the impact of them." "It’s important for me to engage in good self-care as much as I can to maintain a sense of balance!" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2873: Chelsea from SmartMoneyMamas.com dispels common myths and provides clear answers to seven frequently asked questions about managing debt. She emphasizes the importance of understanding credit scores, balancing debt repayment with investments, and using credit cards responsibly. This practical guide helps you navigate financial decisions with confidence and clarity. Read along with the original article(s) here: https://smartmoneymamas.com/simple-answers-to-7-common-debt-questions/ Quotes to ponder: "A high credit score does not necessarily mean that you are financially secure, nor does a low credit score mean that you are in financial trouble." "You never want to pay high interest rates to keep the option for low-interest rate debt. Plus, you don’t actually need to!" "My rule of thumb is to first secure a decent emergency fund, then pay down high-interest (+9%) or variable rate debt, and then make sure you are putting away at least 10% for retirement." Episode references: Soldier’s Angels: https://soldiersangels.org VantageScore Solutions: https://vantagescore.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2872: Tiffany Aliche shares her inspiring journey from losing her first home to foreclosure to buying her next home in cash. Through disciplined savings, a joint budget, and a strong partnership with her husband, Tiffany demonstrates the power of preparation and strategic financial planning to achieve seemingly impossible goals. Read along with the original article(s) here: https://thebudgetnista.com/lost-first-home-foreclosure-bought-next-home-cash/ Quotes to ponder: “Prepare for future dreams before you even know what they are.” “A budget is not constricting; it gives you the freedom to strategically plan for your goals.” “Luck isn’t just about random chance it’s about being ready to act when the right moment comes.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2871: Sarah Von Bargen offers a refreshing approach to feeling richer and more luxurious without spending extra money by fully utilizing what you already own. From uncovering hidden benefits of subscriptions to mastering the features of your gadgets and maximizing your living space, she shares practical tips that help you appreciate and make the most out of what you have, leading to a greater sense of abundance and satisfaction. Read along with the original article(s) here: https://www.yesandyes.org/2018/07/how-to-feel-richer.html Quotes to ponder: "Buying stuff isn’t always about The Stuff itself. It’s often about boredom, novelty, or wanting to ‘treat’ ourselves." "You’re paying for this stuff already. Why not get your money’s worth?" "Every time we take a damn second before we make an impulse purchase, we’re making it more likely that we’ll take a damn second next time, too." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2870: When saving for a home, it's often challenging to reach that 20% down payment needed to avoid PMI (Private Mortgage Insurance). Laurie Sepulveda explores alternatives like "single premium PMI" or using a second mortgage, while also weighing the risks and benefits of these options. Whether it's finding a fixer-upper or rethinking your budget, she emphasizes the importance of personalizing your financial decisions to fit your situation. Read along with the original article(s) here: https://womenwhomoney.com/avoid-paying-pmi/ Quotes to ponder: “Just be honest with yourself about what you can genuinely afford before you sign on for a mortgage that will be with you for many years to come.” “PMI is insurance the homeowner pays in exchange for a smaller down payment. This insurance protects the lender - in case you stop making mortgage payments.” “Buying a house with less than 20% down means you’ll have a higher mortgage payment and you'll pay more in total interest.” 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

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 2869: Emily Guy Birken outlines six strategies to declutter your finances using principles from minimalism. By focusing on what truly matters, eliminating unnecessary expenses, and regularly checking your finances, you can achieve a more stress-free and controlled financial life. These simple yet effective approaches align with both minimalist living and sound money management. Read along with the original article(s) here: https://www.becomingminimalist.com/6-ways-to-apply-decluttering-principles-to-your-finances/ Quotes to ponder: "Choosing to spend on the things you value makes it easier to let go of the things you don’t." "Trying to track your spending when you spend more than you can afford is just another way of organizing clutter." "Give every dollar you earn a home by planning where your money will go with every paycheck." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2868: Kevin from FinancialPanther.com explores the value of side hustles, acknowledging the valid criticisms but emphasizing the potential life-changing benefits of consistent effort, even in small amounts. He suggests that while side hustles aren't essential for financial success, they offer an accessible way to accelerate wealth-building and personal growth over time. Read along with the original article(s) here: https://financialpanther.com/side-hustles-arent-a-necessity-but-they-can-change-your-life/ Quotes to ponder: "You don’t have to side hustle to meet your financial goals. If it’s not for you, it’s not for you. But they can change your life eventually." "An hour a day can really change your life. Even earning small amounts of extra money per day and investing it all can change your future." "Small amounts, day by day, all add up. It’s not fast. It’s not glamorous. But it works." Episode references: Real Vision: https://www.realvision.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2867: Leah McLellan's reflection on her journey through materialism reveals the illusion of happiness that comes with accumulating "stuff." She shares how the pursuit of material possessions distracted her from her true goals, leading her down a path of dissatisfaction. Ultimately, McLellan underscores the importance of focusing on personal growth and meaningful goals rather than being consumed by the temporary allure of material things. Read along with the original article(s) here: https://tinybuddha.com/blog/stuff-we-dont-need-and-5-reasons-why-it-doesnt-lead-to-happiness/ Quotes to ponder: “Happiness can only be found if you free yourself from all other distractions.” “The stuff you can buy is a distraction that won’t help you reach your goals.” “Stuff creates a false sense of self.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2866: Making friends as you age can be challenging, especially in retirement when the social structures of work and family life are no longer as prominent. Kathleen Coxwell highlights the importance of forging new connections, emphasizing that a lack of social interaction can lead to loneliness, which has significant health risks. She offers practical tips for making friends in retirement, such as pursuing hobbies, volunteering, and using friendship apps, all while reminding us that investing time and being a good friend are key to building meaningful relationships. Read along with the original article(s) here: https://www.newretirement.com/retirement/making-friends-after-retirement/ Quotes to ponder: "Researchers have found mounting evidence linking loneliness to physical illness and to functional and cognitive decline." "Friendships feel organic and magical, but when you boil it down, they actually take investments of time." Episode references: Bumble BFF: https://bumble.com/bff Nextdoor: https://nextdoor.com Meetup: https://www.meetup.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2865: U-Ming Lee highlights the pitfalls of chasing short-term trends and emphasizes the value of building deep expertise in a specific niche for long-term success. He also underscores the importance of developing social skills and community ties to navigate the changing landscape of retirement and life’s challenges. Read along with the original article(s) here: https://themakingofamillionaire.com/traditional-retirement-is-dying-this-is-how-im-preparing-for-a-future-without-it-45829394ed3d Quotes to ponder: "Flitting from one trend to the next in search of the dopamine rush of a viral article is a lot of fun at first. But it is no basis for a long-term writing career." "Deep expertise, built on a foundation of meticulous thought and substantial real-world experience, is much rarer and thus more prized." "Developing social skills will be crucial as we navigate this new 'no retirement' age." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2864: U-Ming Lee challenges the outdated concept of traditional retirement, emphasizing the importance of planning for a future where stopping work at a predetermined age is unrealistic. He advocates for simple life insurance plans and building a career on substantive work rather than following trends, preparing for a dynamic and unpredictable financial future. Read along with the original article(s) here: https://themakingofamillionaire.com/traditional-retirement-is-dying-this-is-how-im-preparing-for-a-future-without-it-45829394ed3d Quotes to ponder: "Play stupid games, win stupid prizes." "Stick to a simple life insurance plan that you can understand and resist the urge to add too many features." "Purchasing life insurance is a no-brainer, think of life insurance premiums as putting money aside for a rainy day - something you want to set and forget." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2863: Lisa Harrison of MadMoneyMonster.com shares practical strategies to help individuals navigate the rising cost of living. From creating a budget to finding additional sources of income, her advice empowers readers to manage their finances more effectively and reduce their expenses during these challenging times. Read along with the original article(s) here: https://madmoneymonster.com/2022/07/18/8-tips-to-cope-with-the-rising-cost-of-living/ Quotes to ponder: "It's important to remember that we’re all in this together." "The cost of living in the US has risen by 14% over the past three years, and around 71% of Americans claim their paycheck is not enough to match the current levels of inflation." "We can’t control how much things cost, but we can control how we respond to it." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2862: Honey Smith emphasizes the importance of prioritizing and planning for long-term financial goals, stressing the need for setting achievable mini-goals and maintaining motivation through personal finance buddies. By breaking down complex objectives and fostering accountability, individuals can stay on track and make meaningful progress toward financial stability. Read along with the original article(s) here: https://www.getrichslowly.org/how-to-achieve-long-term-financial-goals/ Quotes to ponder: "Knowing what is most important to you can help clarify and tailor your short-term decisions to meet that goal." "Instead of giving up, however, I set my goals a different way." "It isn’t very motivating to be told that the other person is awesome and you suck!" Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2861: JL Collins explores the allure of investing fads in "Magic Beans," highlighting the recurring trends of Growth Stocks, Actively Managed Funds, and Dividend Aristocrats. He argues that true financial success lies not in chasing these trends but in the reliable, long-term strategy of broad-based index funds. Read along with the original article(s) here: http://jlcollinsnh.com/2012/01/02/magic-beans/ Quotes to ponder: "For supposedly rational creatures we humans seem irrationally drawn to Magic Beans." "You know what Warren Buffet recommends for individual investors? Broad-based Index Funds." Episode references: The Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2860: Mr. 1500 from 1500Days.com shares his unconventional journey from aspiring pilot to computer programmer and blogger, emphasizing the unpredictable nature of career happiness. He highlights the importance of exploring different paths and the joy of discovering unexpected passions along the way. Read along with the original article(s) here: https://www.1500days.com/ill-figure-out-what-i-want-to-be-when-i-grow-up/ Quotes to ponder: "You’re never really sure what will make you happy." "I think life is much more fun when the future is uncertain." "An uncharted path is much more interesting. I’ll go where opportunities and passions take me." Episode references: So Good They Can’t Ignore You: https://www.amazon.com/So-Good-They-Cant-Ignore-You/dp/1455509124 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2859: Liz of Frugalwoods.com shares how embracing an unconventional frugal lifestyle has enabled her and her husband to pursue financial independence and early retirement. By rejecting societal pressures and consumerism, they find happiness and freedom in living below their means, ultimately achieving their goals on their terms. Read along with the original article(s) here: https://www.frugalwoods.com/2014/06/11/frugality-is-not-mainstream/ Quotes to ponder: "We accept, and announce, that we are officially unusual. Frugal weirdos. Contrary to the mainstream." "The minute we stepped off the ridiculous carousel of consumerism we felt free." "Living a super frugal lifestyle is what makes us happy and is our most genuine iteration of existence." Episode references: Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transform-Relationship/dp/0143115766 Mr. Money Mustache Blog: https://www.mrmoneymustache.com/ The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2858: Chalene Johnson debunks common weight loss myths, explaining why muscle doesn't weigh more than fat, the truth about calorie burning during and after workouts, the misconception about bulking up from weight lifting, and the impossibility of spot reducing fat. Her insights offer clarity and practical advice for anyone on a fitness journey. Read along with the original article(s) here: https://www.chalenejohnson.com/weight-loss-fact-and-myths/ & https://www.chalenejohnson.com/get-the-whole-family-eating-healthy/ Quotes to ponder: "How can a pound of muscle weigh more than a pound of fat, if they both weigh one pound? What this myth is really trying to get across is that muscle is more dense than fat, so it takes up less space in your body." "Workouts that burn more after are usually heavy strength training or cross-training. If you’re doing things like HIIT or heavy strength training, you will continue to burn more calories for upwards of 24 hours after." "Lifting weights, especially heavy weights, will transform your body and will help to keep your body fat lower." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2857: Kevin Ha of FinancialPanther.com explores why people still invest in expensive mutual funds despite the availability of cheaper alternatives. He reveals that a lack of financial literacy and over-reliance on brand names or financial advisors often lead to poor investment choices. Kevin offers practical solutions, recommending low-cost funds and roboadvisors for better financial outcomes. Read along with the original article(s) here: https://financialpanther.com/why-does-anyone-invest-in-expensive-funds/ Quotes to ponder: "Why pay ten times more to invest your money in what amounts to basically the same thing?" "My brother’s situation showed me exactly why people still invest in these types of funds." "If you want to make it really easy on yourself, go with something I listed in the alternatives." Episode references: M1 Finance: https://www.m1finance.com The Vanguard Total Stock Market Index Fund (VTSAX): https://investor.vanguard.com/mutual-funds/profile/VTSAX Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2856: Bud Hebeler shares eight invaluable retirement tips gleaned from his own 27 years of retirement, emphasizing the power of compounding, professional advice, careful allocation, and living below one’s means. His insights, shaped by experiences from the Great Depression to modern times, provide a blueprint for achieving financial security and stress-free living in retirement. Read along with the original article(s) here: https://www.newretirement.com/retirement/retirement-advice-8-tips-for-financial-success/ Quotes to ponder: "Einstein was right: One of the great miracles is the power of compounding from saving." "Living below our means - something that seems to have escaped many today." "I strongly urge people to do serious retirement financial planning with conservative inputs." Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2855: Jeff Rose's article on GoodFinancialCents.com reveals how an umbrella insurance policy, often misconceived as a luxury for the wealthy, offers essential financial protection by covering gaps left by standard policies. He explains its affordable premiums and extensive coverage, urging readers to consider this policy to safeguard their assets against unforeseen liabilities. Read along with the original article(s) here: https://www.goodfinancialcents.com/personal-umbrella-insurance-policies-protection/ Quotes to ponder: "Umbrella insurance policies cover the gaps left by your existing insurance coverage." "The modest annual premium for a substantial coverage amount is a small price for peace of mind and financial security." "In navigating the unpredictable avenues of life, especially in a litigious society, having a cushion against unforeseen liabilities is wise." Episode references: Investopedia on Umbrella Insurance: https://www.investopedia.com/terms/u/umbrella-insurance-policy.asp Insurance Information Institute: https://www.iii.org Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2854: Millionaire Mob emphasizes the benefits of dividend investing over side hustles, highlighting how it provides a passive income stream and moves you closer to retirement goals without demanding significant time or effort. By strategically building and reinvesting in a dividend growth portfolio, investors can enjoy compound interest and financial freedom. Read along with the original article(s) here: https://esimoney.com/dividend-investing-will-always-beat-a-side-hustle/ Quotes to ponder: "With dividend investing, you really do not need to devote a significant amount of time to monitoring your portfolio." "Dividend investing is the only way to both earn income AND get closer to your retirement goals." "Our single goal in achieving financial freedom is to increase our earnings on a per hour basis. And dividend investing has some of the best earnings per hour spent out there." 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

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 2853: Mr. Money Mustache shares an insightful reader case study of a family realizing they are closer to early retirement than they thought. With strategic financial adjustments, the reader learns they can enjoy financial independence much earlier than their initial projection of age 65. Read along with the original article(s) here: http://www.mrmoneymustache.com/2011/05/16/mmm-reader-case-study-the-man-who-didnt-realize-he-was-already-rich/ Quotes to ponder: "You can retire a lot earlier than most people if you have moderate living expenses. Even without a million dollars in investments." "I believe most people who retire well under 60 will find they WANT to do some paid work occasionally to keep their minds sharp and to have challenging interactions with other adults." Episode references: Choose FI Local Groups: https://www.choosefi.com/local-groups/ The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2852: Chris Reining highlights the path to financial freedom by investing in assets that produce income. By focusing on real estate and stocks, he demonstrates how these investments can generate steady, long-term returns, emphasizing the importance of having your money work for you rather than merely speculating on price increases. Read along with the original article(s) here: https://chrisreining.com/things-producing-things/ Quotes to ponder: "Instead of endlessly working for money you can have your money work for you." "What matters is investing in things producing things." "A dollar from a rent check is the same as a dollar from a stock." Episode references: The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2851: Nick Maggiulli of OfDollarsAndData.com explains the unpredictable nature of asset pricing through the lens of Schrödinger's cat thought experiment. He emphasizes the importance of liquidity and emergency savings to avoid selling assets at a loss during economic downturns. Read along with the original article(s) here: https://ofdollarsanddata.com/why-you-dont-know-the-price-until-you-sell/ Quotes to ponder: "Only once you have opened the steel chamber could you determine whether the cat was living or deceased." "The cruel world of price discovery can befall anyone." "Cash during a panic is like having water in the desert." Episode references: Wealth, War, and Wisdom: https://www.amazon.com/Wealth-War-Wisdom-Barton-Biggs/dp/0470223073 When Genius Failed: https://www.amazon.com/When-Genius-Failed-Long-Term-Capital/dp/0375758259 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2850: Rose Lounsbury's reflection on managing our to-do lists draws a powerful analogy between childhood road trips and adult productivity struggles. By focusing on the journey rather than the myriad of unchosen paths, she encourages us to prioritize and find joy in our chosen destinations, transforming our perspective on daily tasks. Read along with the original article(s) here: https://roselounsbury.com/stop-stressing-to-do-list/ Quotes to ponder: "We can only go one place at a time." "Somewhere, isn’t someone getting all of the things done? Somewhere, isn’t someone managing everything? And why can’t I seem to do it?" "Sure, I’m just one car out of billions, but I’m my car. This is my journey. The only one I get to take." Learn more about your ad choices. Visit megaphone.fm/adchoices

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 2849: Sean Mullaney of FITaxGuy.com demystifies the concept of tax basis, illustrating how it prevents double taxation and clarifies taxable gains. Learn the essentials of depreciation, the benefits of a step-up in basis at death, tax loss harvesting strategies, and the unique considerations for basis in retirement accounts. Read along with the original article(s) here: https://fitaxguy.com/tax-basis-for-beginners/ Quotes to ponder: "Basis is what allows us to measure the appropriate gain or income to the seller of property." "The tax basis of inherited assets is 'stepped-up' to the fair market value of the asset on the original owner’s date of death." "Tax loss harvesting is a neat tool in the tax planning toolbox." Episode references: Internal Revenue Service: https://www.irs.gov Learn more about your ad choices. Visit megaphone.fm/adchoices