Épisodes

  • 3033: 6 Tips for Diving into Property Investments by Elizabeth with The Budget Mom
    Feb 8 2025
    Discover 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
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    11 min
  • 3032: When Renting is Smarter Than Buying by Sierra Black with Get Rich Slowly
    Feb 7 2025
    Discover 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
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    11 min
  • 3031: When Searching for More Savings Costs You Time and Money by Amanda of Women Who Money
    Feb 6 2025
    Discover 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
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    13 min
  • 3030: 8 Secrets Your Broker Won't Tell You (and Why You Need to Know Them) by Jeff Rose of Good Financial Cents
    Feb 5 2025
    Discover 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
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    12 min
  • 3029: Why I’m Not a Financial Moron by Doc G of Earn And Invest on Money Mistakes
    Feb 4 2025
    Discover 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
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    9 min
  • 3028: The Art of Investing by Chris Reining on How to Invest with A Long-Term Mindset and Build Wealth
    Feb 3 2025
    Discover 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
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    10 min
  • 3027: Mortgages And the Banker's Jar by Barney of The Escape Artist on Build Wealth and Financial Independence
    Feb 2 2025
    Discover 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
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    12 min
  • 3026: How I Finally Faced My Weight & Debt Problems by Leo Babauta of Zen Habits on Finding Simplicity
    Feb 2 2025
    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
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    13 min