logo
episode-header-image
Aug 2024
12m 14s

2847: [Part 2] Why Is Taking Financial R...

Optimal Living Daily | Diania Merriam
About this episode

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 2847:

Vicki Cook and Amy Blacklock emphasize the importance of self-education and continuous learning in investing. They recommend using diverse resources and tools to understand financial risk tolerance and taking informed actions to build wealth confidently.

Read along with the original article(s) here: https://womenwhomoney.com/why-is-taking-some-financial-risk-important/

Quotes to ponder:

"Educate yourself in anything of interest, and never invest your hard-earned cash in something you don’t understand."

"Your money 'story' and emotions will impact the decisions you make now and in the future."

"The important thing is you’ll be making decisions about how to invest for your future. Rather than being afraid to take action."

Episode references:

The Simple Path To Wealth by J.L. Collins: https://www.amazon.com/dp/1533667926

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Today
3206: 6 Types of Credit Cards You Need to Avoid by Kumiko of The Budget Mom on Financial Security
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 3206: Many credit cards promise rewards and flexibility, but as Kumiko warns, certain types can trap you in debt and threat ... Show More
11m 9s
Yesterday
3205: Will Credit Inquiries Hurt Your Credit Score by Miranda Marquit with Good Financial Cents
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 3205: Your credit score plays a crucial role in securing loans, housing, and favorable interest rates, but not all credit i ... Show More
11m 6s
Jul 7
3204: Are Condos a Bad Real Estate Investment for Financial Independence by Christina Browning of Our Rich Journey
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 3204: Buying a condo may seem like an affordable entry into real estate investing, but Christina Browning highlights the hi ... Show More
13m 54s
Recommended Episodes
Aug 2024
Building a Money Machine and Avoiding Pitfalls with Mel Abraham
Live Abundantly and Unlock the Hidden Secrets of Financial Freedom! In this deeply impactful episode, I sit down with the extraordinary Mel Abraham, a financial thought leader and a warrior in both life and business. A CPA by training, bestselling author, and a two-time cancer su ... Show More
56m 21s
Oct 2024
Money Flow Philosophy: The Path to Wealth and Integrity
Welcome to another episode of Gerald Peters' podcast. In this episode, Gerald shares his insights on the Money Flow Philosophy and the importance of health, wealth, and mindset. He emphasizes the need for daily discipline, much like going to the gym or showing up for work, to ach ... Show More
22m 29s
Oct 2024
TIP666: Compounding Beyond Wealth: Unlocking Life’s Hidden Potential w/ Clay Finck & Kyle Grieve
On today’s episode, Kyle Grieve chats with co-host Clay Finck about Clay’s favorite book, The Joys of Compounding. They discuss how compounding can profoundly affect people's lives inside and outside of investing, simple thinking tools to make better decisions, why humility is su ... Show More
1h 23m
Oct 2024
The Harsh Truth: Why You’ll NEVER Make Money!
In this episode of the Big Deal Podcast, Codie Sanchez dives deep into the principles of financial freedom and how to truly achieve wealth. It's not just about making money – it's about mastering your relationship with it and understanding the sacrifices it requires. Codie shares ... Show More
39m 49s
Jan 2025
Most Shared Moment: How To Get Rich *SLOWLY*: Scott Galloway
In this moment Scott Galloway provides practical tips for building wealth and saving for the future. He explains why starting early, investing in low-cost index funds, and using simple tools like savings apps can make a big difference. Scott also talks about the benefits and risk ... Show More
16m 23s
Sep 2023
The #1 Money Lesson School Failed To Teach You [Escape The Rate Race] | Codie Sanchez PT 1
Are you ready to become impossible to ignore? To achieve unmatched success and financial freedom, it's never about where you start, it's about your journey to acquire skills and the ideas you choose to invest in. In today’s episode we explore the mind of Codie Sanchez, a successf ... Show More
1h 25m
Jan 2025
225. Jeffrey Panik | Your Future Is Now: A Guide to Understanding Your Finances and Gaining Independence
The World’s #1 Personal Development Book Podcast!  In today’s episode, we have the pleasure to interview Jeffrey Panik, author of “Your Future Is Now: A Guide to Understanding Your Finances and Gaining Independence.” Jeff is a Certified Financial Planner (CFP®) and financial advi ... Show More
41m 26s
Jun 2024
161. How to Open an Investing Account (and the BIG Mistake You Might Be Making)
If you’ve ever wanted to know the steps to open and fund an investing account (yes these are two separate actions!), then grab a notebook and tune in! In this episode, Tori breaks down the essential steps to opening an investment account, choosing the right investments, and navig ... Show More
29m 38s
Sep 2024
3313: How Not to Invest $100,000 by Chris Reining on Investing & Building Wealth
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 3313:Chris Reining illustrates the pitfalls of active investing through the story of a man who lost money by constantly tink ... Show More
11m 9s
Feb 2024
MI Rewind: Cash Uncomplicated: Wealth Building Mindset w/ Aaron Nannini
On today’s rewind episode, Robert Leonards chats with Aaron Nannini about ways to wisely manage your money and the importance of having a proper mindset for wealth-building. After struggling with money in his twenties and being sick of living paycheck-to-paycheck, Aaron started e ... Show More
48m 44s