Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2663:
In this episode, Diania Merriam shares Sara Stanizai's post from ProspectTherapy.com, addressing the pervasive issue of doom spending in 2024. Sara explores the connection between anxiety and impulsive spending, defining doom spending as a harmful coping mechanism. The post provides insights into breaking this cycle by understanding its roots and offering practical, healthy coping strategies to manage anxiety effectively.
Read along with the original article(s) here: https://www.prospecttherapy.com/blog/2023/12/1/ky0iiakglgb3uj9id5szt1vwa7ics1-wgbhf-c68kj
Quotes to ponder:
"Doom spending is a term used to describe the pattern of compulsive or impulsive buying driven by feelings of anxiety, stress, or a sense of impending doom."
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2663: Breaking the Doom Spending Cycle by Sara Stanizai of Prospect Therapy on Developing Healthy Coping

Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone.

Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of financial tips; it’s a daily companion that guides you towards financial freedom and savvy money management, all delivered with Diania's trademark enthusiasm and expertise.

Listen now, and become an OLD friend--your optimal life awaits...

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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2717:
Paula Pant of AffordAnything.com explores the value of outsourcing to balance work and life. She examines the financial logic behind outsourcing mundane tasks to maximize productivity and personal time, making a strong case for investing in your well-being through strategic delegation.
Read along with the original article(s) here: https://affordanything.com/when-should-i-outsource/
Quotes to ponder:
"The more you outsource, the more you trade money for the most valuable possession on earth: time."
"Parkinson’s Law states that work expands to fill the time you give it. Spend fewer hours working, and you’ll be able to do more in less time."
"Limit your hours, outsource at work, and value your time."
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2717: You Can't Work 168 Hours a Week by Paula Pant of Afford Anything on Personal Finance & Work-Life Balance

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2716:
Discover the joys of boosting your income through enjoyable activities in Adam Murray's insightful guide, "8 Ways To Make Extra Money (While Enjoying It)." Murray offers practical tips ranging from doggy daycare to tutoring, providing flexible options that don't just add to your wallet but also to your happiness.
Quotes to ponder:
"The thing is that we don’t want to put in more hours to do something we don’t like, especially when we’re already working so hard."
"If you have something that’s just sitting there, then why not?"
"Chances are, you can put it all to use."
Episode references:
Rover.com: https://www.rover.com/
Airbnb: https://www.airbnb.com/
Tutor.com: https://www.tutor.com/
Teachable: https://teachable.com/
Kajabi: https://kajabi.com/
Wrapify.com: https://wrapify.com/
FatLlama.com: https://fatllama.com/
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2716: 8 Ways To Make Extra Money While Enjoying It by Adam Murray of Living This Good Life on Side Hustles

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2715:
Explore how simplicity in investing outperforms the allure of high-risk ventures in Kevin Ha's enlightening piece. He demystifies investment strategies using personal anecdotes about his brother’s journey, underscoring the power of fundamental investment principles over chasing speculative gains.
Read along with the original article(s) here: https://financialpanther.com/dont-keep-joneses-comes-investing/
Quotes to ponder:
"Buy and hold. Time in the market. Keep costs low. These are all investing fundamentals that will get him to where he needs to be."
"Every time my brother brings up some new hot stock or a weird new investment vehicle, I remind him that investing doesn’t have to be fancy."
"You don’t need to keep up with the Joneses. Let them invest in whatever crazy way they want. You and I can stick to our boring old fundamentals."
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2715: You Don’t Have To Keep Up With The Joneses When It Comes To Investing by Kevin Ha of Financial Panther

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2714:
In "When Intentional Parenting Kinda Sucks," Shawna Scafe candidly shares the complexities of aligning parenting expectations with reality. This heartfelt reflection explores the challenges of family road trips and the pressures of intentional parenting. Shawna's personal anecdotes offer comfort and camaraderie to parents grappling with their ideals versus the actualities of raising children.
Read along with the original article(s) here: https://simpleonpurpose.ca/family-road-trip-intentional/
Quotes to ponder:
"Sometimes those ‘things’ and ‘intentions’ kind of suck to put into progress."
"I get so overwhelmed with the crying and the fits. I get so frustrated that I become irrational. THEN every little thing that has ever made me mad is like, ‘oh heeeeey! you haven’t thought about me in a while, let’s hang out in your brain and mess up your ability to be loving and kind’."
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2714: When Intentional Parenting Kinda Sucks by Shawna Scafe of Simple on Purpose on Motherhood

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2713:
Lisa Harrison of MadMoneyMonster.com reveals how adopting a frugal lifestyle can drastically expand your life choices, sharing practical steps from reducing TV subscriptions to smart entertainment and food budgeting. She underscores the joy and liberation that frugality brings, illustrating that living within means does not mean living less but rather enriching life by focusing on what truly matters.
Read along with the original article(s) here: https://madmoneymonster.com/2017/07/21/shifting-to-a-frugal-mindset-has-given-us-options/
Quotes to ponder:
"Taking that $200/month and investing it into low-fee index funds gives me a much bigger rush than having 500 cable channels at my disposal."
"Entertainment doesn’t need to cost money. We started bucking that trend years ago and couldn’t be happier."
"Shifting to a frugal mindset was the start of a wonderful life and a bright future for our family."
Episode references:
The Simple Path to Wealth" by J L Collins: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926
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2663: Breaking the Doom Spending Cycle by Sara Stanizai of Prospect Therapy on Developing Healthy Coping

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