Optimal Finance Daily - Financial Independence and Money Advice

The Mad Fientist on specific identification of shares.Episode 1076: Specific Identification of Shares by The Mad Fientist on How To Reduce Your Tax Burden on Taxable InvestmentsThe Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire even earlier.Most personal finance advice is geared towards people retiring in their 60s or later and doesn’t apply to those of us pursuing early financial independence. The Mad Fientist is focused on providing advice and innovative tax-avoidance methods specifically for people wanting to break away from full-time employment very early in life. He also hosts the Financial Independence Podcast.The original post is located here: https://www.madfientist.com/specific-share-identification/Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mr. Money Mustache shares his thoughts on good times for landlords.Episode 1075: Good Times for Landlords by Mr. Money Mustache on How to Profit from Real Estate Investment & Rental ReturnsMr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure.He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s.Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two.The original post is located here: http://www.mrmoneymustache.com/2011/06/29/good-times-for-landlords/Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Nick True of Mapped Out Money shares what a 4 year old taught him about dreams and money.Episode 1074: What a 4yr Old Taught Me About Dreams and Money by Nick True of Mapped Out Money on How To Follow Your DreamsNick True is the founder of Mapped Out Money, where he helps you get a grip on your finances and take hold of freedom. His goal is to help you save more, live more, reduce debt, and get free. Mapped Out Money is for you if you want actionable steps to help get control of your money, you want to be free from money stress, you're ready to change your life and use money to support your dreams, and you don't want to settle for mediocrity.The original post is located here: https://mappedoutmoney.com/what-a-4yr-old-taught-me-about-dreams/Please Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Mamula of Can I Retire Yet shares his thoughts on conflicts of interest with investment advice. This is part 2 of 2.Episode 1073: [Part 2] The Perfect Storm - Demonstrating Conflicts of Interest With Investment Advice by Chris MamulaDarrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience.When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did.More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design.The original post is located here: https://www.caniretireyet.com/conflicts-interest-investing-advice/Please Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Mamula of Can I Retire Yet shares his thoughts on conflicts of interest with investment advice. This is part 1 of 2.Episode 1072: [Part 1] The Perfect Storm - Demonstrating Conflicts of Interest With Investment Advice by Chris MamulaDarrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience.When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did.More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design.The original post is located here: https://www.caniretireyet.com/conflicts-interest-investing-advice/Please Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

Michelle Schroeder-Gardner of Making Sense of Cents shares how to avoid being house poor.Episode 1071: How To Avoid Being House Poor by Michelle Schroeder-Gardner of Making Sense of Cents on Home Mortgages & ExpensesMichelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com.The original post is located here: https://www.makingsenseofcents.com/2015/09/how-much-home-can-i-afford.htmlPlease Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Mihalik with Get Rich Slowly shares his thoughts on financial security.Episode 1070: What is Financial Security? by Michael Mihalik with Get Rich Slowly on How to Become Financially IndependentJ.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate.The original post is located here: https://www.getrichslowly.org/what-is-financial-security/Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Helene Massicotte of Free To Pursue shares why she dumped her financial advisor.Episode 1069: Why I Dumped My Financial Advisor by Helene Massicotte of Free To Pursue on How to Lower Investing ExpensesHelene Massicotte blogs about living life on your terms and experiencing true personal freedom. She describes herself as a person in search of all that life has to offer and who has built a life that enables her to do just that. No more, no less. She chose to retire from corporate life in her mid-thirties because it wasn't in line with what she wanted anymore.The original post is located here:http://www.freetopursue.com/blog/2016/6/27/why-i-dumped-my-financial-advisorPlease Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

2 short posts from Al of FA Confessions on comparison and the danger of success.Episode 1068: Comparison AND The Danger of Success by Al of FAConfessions on How To Achieve Financial HappinessAl of FA Confessions is a father, drummer/musician, self-proclaimed amateur philosopher, avid health enthusiast, and daily podcast and audible listener. He is not looking for new clients, nor does he have a plan to run for office. He will remain anonymous on the blog until he decides to retire from his profession. His primary vision for his website is to speak authentically from the heart and let his audience know when he thinks something is BS.The original posts are located here: https://faconfessions.com/2020/01/13/comparison/ & https://faconfessions.com/2020/01/06/the-danger-of-success/Please Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

Joshua Becker of Becoming Minimalist shares 10 little ways to become more generous.Episode 1067: 10 Little Ways to Become More Generous by Joshua Becker of Becoming Minimalist on Benefits of GenerosityJoshua Becker and his family decided to live with fewer possessions after a conversation with his neighbor in 2008. As a result, they found a better way to live, centered on more important pursuits.Their story has been seen on the CBS Evening News, NPR, the Boston Globe, the Wall Street Journal and countless media interviews around the world. Their books have sold in the tens of thousands.BecomingMinimalist.com is about their journey towards a rational approach to minimalism. It is about the joys and the struggles. It is about the lessons they have learned. It has inspired millions around the world. It is written to inspire you to intentionally live with less, and find more life because of it.The original post is located here: https://www.becomingminimalist.com/10-simple-ways-to-become-a-more-generous-person/Please Rate & Review the Show!Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices