Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily | Diania Merriam
Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey throug...
3003: How to Find a Good Tax Preparer by Kelley Long of Financial Finesse on Money Advice
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 3003:
Kelley Long shares practical advice for navigating the complexities of hiring a tax professional. Whether you're a self-employed entrepreneur or have straightforward tax needs, she clarifies the roles of tax preparers, EAs, and CPAs, and offers actionable tips to ensure you find the right expert to save time, money, and stress.
Read along with the original article(s) here: https://www.financialfinesse.com/2017/04/26/how-to-find-a-good-tax-preparer/
Quotes to ponder:
"Pretty much anyone can call themselves a tax preparer, although the IRS has started to regulate that by requiring people who accept payment for preparing taxes to have a PTIN."
"If time is money, then the money we pay our accountant to prepare and file our taxes is money well spent."
"The sad fact is that there aren’t a lot of CPAs out there that actually want to do income taxes for regular families who just have jobs, kids, a house, and a few charitable donations."
Episode references:
Illinois CPA Society: https://www.icpas.org
National Association of Enrolled Agents: https://www.naea.org
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10:37
3002: The Smart Way to Stick to Habits by Leo Babauta of Zen Habits on Overcoming Negative Self-Talk
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 3002:
Leo Babauta outlines a practical system to make habits stick by addressing common obstacles like loss of enthusiasm, distractions, and negative self-talk. By starting small, creating strong accountability, and setting up reminders, you can effectively overcome these challenges and turn new behaviors into lasting habits.
Read along with the original article(s) here: https://zenhabits.net/stick/
Quotes to ponder:
"Your mind says, 'This is too hard!' or 'Skipping it this time won’t hurt!' These are just weaselly ways to get out of discomfort."
"Don’t negotiate with these terrorists. Notice when these thoughts come up, and banish them."
"Start small. Keep the habit very small. As small as possible, until it becomes your new 'normal.'"
Episode references:
Good Habits, Bad Habits: https://www.amazon.com/Good-Habits-Bad-Science-Positive/dp/1250159075
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12:27
3001: Instant Gratification Wish List: Becoming a Patient Spender by Kumiko Love of The Budget Mom
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 3001:
Kumiko Love explores the pervasive culture of instant gratification and its impact on finances. She offers practical tools like Shopping Lists, Wait Lists, and Instant Gratification Wish Lists to help you cultivate patience and make thoughtful spending decisions. By focusing on delayed gratification, you can achieve financial goals while still enjoying occasional treats without guilt.
Read along with the original article(s) here: https://www.thebudgetmom.com/instant-gratification-wish-list-becoming-a-patient-spender/
Quotes to ponder:
“Getting what we want right now does not make our lives better LATER.”
“Delayed gratification is being kind to your future self.”
“The goal with the Instant Gratification Wish List is to turn the ‘Instant’ into ‘Anticipated.’”
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13:06
3000: 7 Rules on How to Grow Wealth: Growing Wealth Slow, but Sustainable by The Editors of Get Rich Slowly
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 3000:
In "7 Rules for Growing Slow (But Sustainable) Wealth," the editors of GetRichSlowly.org outline a clear framework for building lasting financial security. From prioritizing net income over gross, to diversifying income streams and leveraging investments strategically, these principles emphasize steady, long-term growth. The goal is not overnight success, but a decade-long journey towards financial independence through discipline, risk tolerance, and smart scaling.
Read along with the original article(s) here: https://www.getrichslowly.org/7-rules-for-growing-slow-but-sustainable-wealth/
Quotes to ponder:
"Think net instead of gross increasing your net income by lowering your taxes is no different than raising your gross income."
"Create budgets to save some and invest the rest. This by itself is a savings account with minimal risk that leads to much better returns."
"Scaling is your ability to add different types of investments to your portfolio based on the size of your wealth."
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12:00
2999: When It Makes Sense to Refinance Your Mortgage (And When It Doesn’t) by Andy Hill of Marriage Kids And 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 2999:
Discover when refinancing your mortgage could be a smart financial move and when it might not be worth the effort. This guide demystifies key factors like interest rates, loan terms, and closing costs to help you make informed decisions that align with your financial goals.
Read along with the original article(s) here: https://marriagekidsandmoney.com/when-it-makes-sense-to-refinance-your-mortgage-when-it-doesnt
Quotes to ponder:
"Refinancing isn't always about lowering your interest rate; it's about aligning your loan with your long-term financial goals."
"The savings from refinancing depend on how long you stay in the home after the refinance closes."
"Don't let lower rates fool you into forgetting the upfront costs - it’s the overall picture that counts."
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About Optimal Finance Daily - Financial Independence and Money Advice
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 personal 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 personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals.
This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future.
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