Optimal Finance Daily - Financial Independence and Money Advice

Mr. Money Mustache talks about silly and misleading retirement calculators.Episode 2491: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income FormulasMr. 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/2011/04/21/silly-and-misleading-retirement-calculators/Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Ross Enamait of Ross Training shares his thoughts on hard work and achieving successEpisode 2490: It Never Gets Easier by Ross Enamait of Ross Training on Hard Work to Achieve SuccessFounded by Ross Enamait, RossTraining.com is dedicated to excellence and innovations in high performance conditioning, strength, and athletic development. His goal with the site is to provide a content-rich resource to assist with your development. As a long time trainer and boxing coach, Ross has dedicated his life to the development and improvement of athletes. He has been in business for over 15 years and has helped numerous athletes succeed at the world class level. It is his career and obsession.The original post is located here: http://rosstraining.com/blog/2016/09/it-never-gets-easier/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Darrow Kirkpatrick of Can I Retire Yet talks about how much you should leave to your kidsEpisode 2489: How Much Should You Leave to Your Kids? by Darrow Kirkpatrick of Can I Retire Yet on Inheritance and Writing Your WillDarrow 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/how-much-should-you-leave-to-your-kids/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Courtney Luke tells you the 5 best ways to save money on your automotive expensesEpisode 2488: 5 Best Ways To Save Money On Your Automotive Expenses by Courtney Luke of Arrest Your Debt on Not Overspending on Your CarArrest Your Debt is a wide-ranging personal finance website, yet focuses on helping first responders and people struggling with debt. The owners, Courtney and Ryan Luke have made it their mission to help people get out of debt and start building wealth on any income. There are three main areas of focus for Arrest Your Debt: 1. To provide trustworthy personal finance information to first responders. 2. To help first responders take control of their money and get out of debt. And 3. To provide valuable resources and references to first responders to help them grow their nest eggs and enjoy the retirement they deserve. Since 2009 when they started their journey toward financial literacy, they’ve been featured on MarketWatch, Forbes, Fox Business, Experian, MSN, Ladders, and USA TodayThe original post is located here: https://arrestyourdebt.com/save-money-on-automotive-expenses/ Visit Me Online at OLDPodcast.comInterested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Jesse Cramer talks about if you should invest in your emergency fundEpisode 2487: Should You Invest Your Emergency Fund? by Jesse Cramer of Best Interest on Calculating How Much to Save For an EmergencyJesse started The Best Interest in 2018. He was a mechanical engineer by day, working on satellite telescopes. But his passion was to help people improve their personal finances. He began writing to "learn in public," to help people, and to add genuine signal to an otherwise noisy Internet. Fast forward to now. So much has changed.  -The Best Interest was nominated for 2022 "Personal Finance Blog of the Year"  -Jesse has been on CNBC, MSN, the Motley Fool, Yahoo Finance, and more. -Jesse created a book with 30 other personal finance experts contributing a chapter each.  -And Jesse left engineering. He now works for a fiduciary wealth management firm with one important mission: helping people achieve their financial goals. The original post is located here: https://bestinterest.blog/should-you-invest-your-emergency-fund/ Visit Me Online at OLDPodcast.comInterested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Anika Jindal with A Dime Saved talks about how much one should have in savingsEpisode 2486: How Much Should I Have In Savings? A Guide To Financial Security by Anika Jindal with A Dime SavedA Dime Saved is the perfect blog for any family trying to figure out their finances. Robyn is a mom with a passion for personal finance who was inspired to start her blog after going through a rough patch and realizing that she needed to make a change. She decided to write the content that she wished she had access to in her time of need, and A Dime Saved has become a great resource for all things money. Her family-friendly blog covers everything from budgeting tips to child-rearing, investing to lifestyle design, and so much more. The original post is located here: https://adimesaved.com/how-much-should-i-have-in-savingsVisit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

J.D. Roth of Get Rich Slowly reminds you that nobody cares more about your money than you doEpisode 2485: Nobody Cares More About Your Money Than You Do by J.D. Roth of Get Rich Slowly on Being Careful With Your FinancesJ.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/nobody-cares-more-about-your-money-than-you-do/ Visit Me Online at OLDPodcast.comInterested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Renee Benes of The Fun Sized Life talks about the funny thing that happens when you become debt-freeEpisode 2484: A Funny Thing Happens When You Become Debt-Free by Renee Benes of The Fun Sized LifeRenee is a minimalist mom, blogger, & coach. She and her husband downsized their house, paid off debt, started making money online, and now travel part-time with their kids. Her blog and online coaching is centered around helping other women to create this same lifestyle for themselves, both in their day to day living and in how they manage their money.The original post is located here: https://www.thefunsizedlife.com/debt-free/ Visit Me Online at OLDPodcast.comInterested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

ESI of ESI Money encourages you to reflect on your money milestones and what it will take to hit them.Episode 2483: What Are Your Money Milestones by ESI on Financial Strategies and WealthESI Money is written by "ESI", a 50-something retiree. The site is basically a list of what's allowed him to become financially independent and how you can implement those successes in your life. His philosophy is simple and focuses on doing three simple things to achieve financial independence: earn, save, invest. There's a bit more to it than that, of course, but if you can concentrate on these three areas, they will get you at least 90% of the way there.The original post is located here: https://esimoney.com/what-are-your-money-milestones/ Visit Me Online at OLDPodcast.comInterested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Shirley of Daring Living tells us about intention setting and how to live with intention.Episode 2482: What is Intention Setting & How to Live with Intention by Shirley of Daring Living on MindfulnessShirley is a Certified Life Coach who helps driven women create joy and success through brain-based coaching, self compassion, and emotional resilience.The original post is located here:https://daringliving.com/intention-setting-live-with-intention/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices