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 2705:
Discover how frugality might unexpectedly dip into your funds as Michelle Schroeder-Gardner of MakingSenseOfCents.com explores six common pitfalls where saving too much can actually end up costing you more. From skimping on quality purchases to the false economy of DIY projects, Michelle sheds light on the hidden costs of excessive thriftiness.
Read along with the original article(s) here: https://www.makingsenseofcents.com/2014/10/6-ways-being-cheap-can-cost-you-money.html
Quotes to ponder:
"Many people each and every single day make the mistake of trying to save money, yet end up wasting money in the end."
"Skipping going to the dentist for years so that you can 'save' money. Then, after you finally go, you find out you could have saved money and some of your teeth by visiting the dentist regularly for cleanings."
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2705: 6 Ways Being Cheap Can Cost You Money by Michelle Schroeder-Gardner of Making Sense of Cents

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.

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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 2721:
Explore the significant benefits and potential drawbacks of refinancing your student loans with Travis Hornsby's comprehensive guide. Discover if this financial strategy fits your personal circumstances to potentially save thousands and simplify your debt management.
Read along with the original article(s) here: https://www.jackiebeck.com/refinance-student-loans/
Quotes to ponder:
"Student loan refinancing is simply getting a new private student loan at a new interest rate that will replace the old one."
"If your student loan interest rate is above 5%, explore what’s available through refinancing."
"Refinancing your student loans could cut thousands if not tens of thousands of dollars off your student loan debt."
Episode references:
The Student Loan Planner: https://www.studentloanplanner.com/
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2721: When You Should & Shouldn’t Refinance Your Student Loans by Travis Hornsby with JackieBeck.com

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 2720:
Amanda Brownlow's article "5 Tips to Have a Successful No-Spend Month" offers practical strategies for reducing monthly expenses by avoiding non-essential spending. With personal anecdotes and easy-to-follow tips, Amanda guides readers through the process of planning and enjoying a no-spend month, emphasizing the benefits of saving money and enjoying simple pleasures.
Read along with the original article(s) here: https://hellobrownlow.com/2018/06/04/5-tips-to-have-a-successful-no-spend-month/
Quotes to ponder:
"Wedding season is upon us and events like birthdays and anniversaries can sneak up on us."
"I just realized how amazing the library system in our county is."
"Shopping and going out takes up a lot of time."
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2720: 5 Tips to Have a Successful No Spend Month by Amanda Brownlow of Hello Brownlow on Frugality

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 2719:
Explore Helene Massicotte's incisive take on the long-term pitfalls of choosing to carry a mortgage into retirement. Massicotte argues against the common belief that having a mortgage for life is manageable or desirable, highlighting the financial and psychological freedom that comes with being mortgage-free. This episode delves into the reasons why freeing yourself from perpetual debt is not just feasible but fundamentally liberating.
Read along with the original article(s) here: http://www.freetopursue.com/blog/2015/5/28/the-poor-house-again
Quotes to ponder:
"Being mortgage-free (read debt free) is just about the best feeling in the world, second only to being in love."
"You pay double for your housing when you count all the interest you pay over your lifetime."
"Your home will never be yours. It will always belong to the bank."
Episode references:
Happy Money" by Elizabeth Dunn and Michael Norton: https://www.amazon.com/Happy-Money-Science-Happier-Spending/dp/1451665075
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2719: Why Choose To Live In The Poor House - Again? by Helene Massicotte of Free to Pursue on Should I Rent or Buy

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 2718:
Leasing a car often appeals to those wanting new technology and safety without the financial burden of buying. Vicki Cook and Amy Blacklock explore practical reasons like lower monthly costs and minimal repair responsibilities, revealing why leasing, despite its drawbacks, can be an attractive option for modern consumers.
Read along with the original article(s) here: https://womenwhomoney.com/best-reasons-lease-car/
Quotes to ponder:
"Leases are an attractive option because payments average over $100 less per month than finance payments on a new car purchase."
"Since a vehicle lease is usually for three years, it's always under warranty, so significant repairs and costly maintenance is generally avoided."
"If your budget can’t support buying your dream car and you aren’t willing to scale back or buy used, leasing may be a better option than purchasing."
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2718: What are the Best Reasons to Lease A Car? by Vicki Cook and Amy Blacklock of Women Who Money

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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2705: 6 Ways Being Cheap Can Cost You Money by Michelle Schroeder-Gardner of Making Sense of Cents

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