Optimal Finance Daily - Financial Independence and Money Advice

Marc Chernoff of Marc and Angel shares why you're in debt.Episode 598: This is Why You Are in Debt by Marc Chernoff of MarcAndAngel.com Hack (Saving Money & Financial Freedom).Marc and Angel Chernoff are professional coaches, full-time students of life, admirers of the human spirit, and have been recognized by Forbes as having “one of the most popular personal development blogs.” Through their blog, book, course and coaching, they’ve spent the past decade writing about and teaching proven strategies for finding lasting happiness, success, love and peace.The site has attracted over 100 million page views and 100 thousand subscribers since its inception in 2006.Their newest book, “Getting Back to Happy“ is a NY Times Bestseller. It’s available online at: marcandangel.com/book and on Amazon.The original post is located here: http://www.marcandangel.com/2009/08/31/this-is-why-you-are-in-debtPlease Rate & Review the Show!Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group!and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Darrow Kirkpatrick of Can I Retire Yet shares the difference between luxury and essential.Episode 597: Luxury or Essential by Darrow Kirkpatrick of CanIRetireYet.com (Financially Independent & Retire Early Community).Darrow 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/luxury-or-essentialPlease Rate & Review the Show!Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group!and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Mr. Money Mustache shares asks whether or not peak happiness actually comes at $75,000/year like some say.Episode 596: Does Peak Happiness Really Come at $75,000/Year by Mr. Money Mustache (Spending Wisely & Being Happy).Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure.He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s.Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two.The original post is located here: https://www.mrmoneymustache.com/2012/09/06/does-peak-happiness-really-come-at-75000yearVisit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Paula Pant of Afford Anything shares why she wasted an hour of her life to save $3.60.Episode 595: Why I Wasted an Hour of My Life to Save $3.60 by Paula Pant of Afford Anything (Wasting Time Like Extreme Couponing).Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate investing. She is a real estate investor, as the owner of seven rental property units in metropolitan Atlanta. She holds a real estate license in Georgia. She's also the host of the Afford Anything podcast.The original post is located here: https://affordanything.com/stupid-money-mistakePlease Rate & Review the Show!Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group!and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Ballew of FreedomPathBlog.com shares the 10 worst excuses for not saving for retirement and his rebuttal.Episode 594: 10 Worst Excuses for Not Saving for Retirement by Mike Ballew of Freedom Path Blog (Save Money & Retire Early).Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement.The original post is located here: https://freedompathblog.com/2018/05/09/10-worst-excuses-for-not-saving-for-retirementPlease Rate & Review the Show!Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group!and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

2 shorter posts from Ryan Mei of DollarsAndSenseLA, talking about financial drive and how much to put in your 401(k).Episode 593: What is Your Drive? Mine is This Piece of Paper & How Much Do I Put in the 401K by Ryan Mei of Dollars and Sense LA.Ryan Mei created Dollars and Sense LA to help you improve your financial life by taking you on his personal journey to financial freedom, while dealing with the common struggles in L.A. He works in data analytics at BuzzFeed and paid off his and his wife's student debt & car loan, while personally financing 100% of their wedding and buying a house in LA.The original posts are located here:https://www.dollarsandsensela.com/blog/personaldrivehttps://www.dollarsandsensela.com/blog/soml401kVisit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Michelle Schroeder-Gardner of Making Sense of Cents shares the best ways to become rich faster.Episode 592: Top Ways to Become Rich Faster by Michelle Schroeder-Gardner of Making Sense Of Cents (Pay Off Debt & Invest Money).Michelle 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/2012/10/top-ways-to-become-rich-faster.htmlVisit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

2 shorter posts from Joshua Becker of Becoming Minimalist on purchases and your biggest expense.Episode 591: 1 Important Question to Ask Before Any Purchase & Your Biggest Expense is Your Greatest Opportunity - Joshua Becker.Joshua 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 posts are located here:https://www.becomingminimalist.com/what-if-i-donthttps://www.becomingminimalist.com/less-houseVisit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Reining shares why the American Dream is actually a financial nightmare.Episode 590: The American Dream is a Financial Nightmare by Chris Reining of ChrisReining.com (Buying a Home vs. Investing & Debt).Chris Reining is a thirty-something guy who provides resources to help manage your money and career to become financially free. His own path to financial freedom has had ups and downs, which is what he writes about on his site. He's been featured in the New York Times, on the Today Show, CNN, CBS, Business Insider, LifeHacker, and more.The original post is located here: https://chrisreining.com/the-american-dream-is-a-financial-nightmareVisit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

2 shorter posts from JD Roth of Get Rich Slowly: in praise of the debt snowball, and the research on experiences leading to greater happiness than material purchases.Episode 589: In Praise of the Debt Snowball And Do Experiences Lead to Greater Happiness Than Material Purchases by JD Roth.J.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 posts are located here:https://www.getrichslowly.org/in-praise-of-the-debt-snowballhttps://www.getrichslowly.org/do-experiences-lead-to-greater-happiness-than-material-purchasesVisit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices