Optimal Finance Daily - Financial Independence and Money Advice

Chris Panteli with Fiology shares 5 reasons that you won't reach financial independence

Episode 1721: 5 Reasons You Won’t Reach Financial Independence by Chris Panteli with Fiology on Principles for Early Retirement

Fiology is an educational resource designed to teach you about Financial Independence (FI). They have scoured the internet to find content from the best and brightest of the FI community and have created lessons covering the critical concepts of FI.

In addition, there is original content, financial coach references, and real money stories from real people from the Financial Independence Community.

The original post is located here: https://www.fiology.com/you-wont-reach-financial-independence/ 

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Sam of Financial Samurai reminds you that you will always regret sacrificing love for money

Episode 1720: You Will Always Regret Sacrificing Love For Money by Sam of Financial Samurai on Building Wealth & Relationships

Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com.

The original post is located here: https://www.financialsamurai.com/you-will-regret-sacrificing-love-for-money-almost-all-of-the-time/ 

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ESI of ESI Money tells you how to get an 8% investment return

Episode 1719: How Can I Get an 8% Investment Return by ESI of ESI Money on Long-Term Expected Investing Returns

ESI 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/can-get-8-investment-return/ 

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Doc G of Earn and Invest shares two short posts about the psychology of money and career

Episode 1718: Stealth Wealth Fail AND The Wall Of Fear by Doc G of Earn And Invest on Psychology of Money & Career

Doc G was an internal medicine physician when he discovered the personal finance community through a book called The White Coat Investor. Since then he has left clinical practice to pursue his passion for deep conversations about money and life. 

The original post is located here: https://www.earnandinvest.com/blog/stealthwealthfail & https://www.earnandinvest.com/blog/the-wall-of-fear 

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Kevin of Financial Panther talks about intentional spending and simple living

Episode 1717: The Things We Choose by Kevin of Financial Panther on Intentional Spending & Simple Living

Kevin is an attorney, writer, gig economy expert, side hustler, and the blogger behind Financial Panther. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer. He started Financial Panther to share all he knows about personal finance, travel hacking, and making more money by side hustling.

The original post is located here: https://financialpanther.com/the-things-we-choose/ 

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Adam Murray of Living This Good Life shares 8 ways to make extra money and enjoy doing it

Episode 1716: 8 Ways To Make Extra Money While Enjoying It by Adam Murray of Living This Good Life on More Sources of Income

Adam grew up in a small town in New Brunswick, Canada. He knew from a young age that he wanted to explore and find what made him happy (and uncomfortable). He grew up as a very shy kid but over time he was able to defeat what was holding him down. He remembers how good he felt when he finally started to come out of his shell. He started to realize that the greatest things in life, whether it being your happiness or successes, come on the outskirts of your comfort zone. Since then, he's been exploring and trying to make each day his best day. He wants to share with you his experiences and hopefully influence you to make each day your best as well. 

The original post is located here: https://www.livingthisgoodlife.com/post/8-ways-to-make-extra-money-while-enjoying-it 

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Ramit Sethi of I Will Teach You To Be Rich shares why some millionaires hide their riches from family and friends.

Episode 1715: Stealth Wealth: Why This Millionaire Hides His Riches by Ramit Sethi of I Will Teach You to be Rich 

Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness, and more.

Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich.

He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article, and been pictured next to Warren Buffett in Forbes Magazine, as well as been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC, and more. He also has tons of documented success stories—more than 20,000.

The original post is located here: https://www.iwillteachyoutoberich.com/blog/stealth-wealth

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Mike Ballew of Egg Stack talks about housing options in retirement

Episode 1714: House Rich and Cash Poor by Mike Ballew of EggStack on Housing Options in Retirement

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://eggstack.com/blog/2021-06-27-House-Rich-and-Cash-Poor/ 

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Brian Tracy tells us how to develop a positive money mindset

Episode 1713: How to Develop a Positive "Money Mindset" by Brian Tracy on Money Affirmations & Financial Wellbeing

Brian Tracy's goal is to help you achieve your personal and business goals faster and easier than you ever imagined. Brian Tracy has consulted for more than 1,000 companies and addressed more than 5,000,000 people in 5,000 talks and seminars throughout the US, Canada and 70 other countries worldwide. As a Keynote speaker and seminar leader, he addresses more than 250,000 people each year. He has studied, researched, written and spoken for 30 years in the fields of economics, history, business, philosophy and psychology. He is the top selling author of over 70 books that have been translated into dozens of languages.

The original post is located here: https://www.briantracy.com/blog/financial-success/how-to-develop-a-positive-money-mindset/ 

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Paula Pant of Afford Anything tells us the surprising reason why people cling to jobs and investments longer than they should

Episode 1712: The Surprising Reason Why People Cling to Jobs and Investments Longer Than They Should by Afford Anything

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/sunk-cost-fallacy/ 

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