logo
episode-header-image
Nov 2024
12m 35s

2923: Conventional Money Advice Won't Cr...

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 2923:

Jessica challenges conventional money advice, like the 50/30/20 rule, as ineffective for high-achievers. Instead of following one-size-fits-all budgeting models, she suggests decluttering financial priorities and creating personalized guidelines that align with individual goals and seasons of life. This approach helps achievers build a financial plan that truly supports the life they desire.

Read along with the original article(s) here: https://www.nachoaveragefro.com/blog/50-30-20-budgeting-wont-help-you-build-the-life-you-desire

Quotes to ponder:

"You cannot build the life you want using someone else's rules."

"Eliminating overwhelm is always the first step."

"Your budget line items will drive your actions and subsequent habits and routines."

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
2678: Budgets Suck. Do This Instead by FIRECracker of Millennial Revolution on Personal Financial Habits
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 2678:FIRECracker of Millennial-Revolution.com challenges conventional budgeting by advocating for a personalized approach. B ... Show More
11m 47s
Dec 2024
3432: Four Steps to Building a Better Future (For Yourself) AND “Go Be Great” - A Mindset Map For Growth by Bret Gornik & Jason Loebig
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 3432Bret Gornik and Jason Loebig outline a practical framework for building a better future by focusing on daily, actionable ... Show More
11m 27s
Apr 20
3569: 11 Practical Ways to Spend Your Money by Marc Chernoff of Marc And Angel on Financial Freedom
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 3569:Marc Chernoff offers 11 thoughtful suggestions for spending money in ways that genuinely improve your life, from nurtur ... Show More
12m 12s
Jul 2024
3241: My Philosophy on Money by Mr. 1500 of 1500 Days on Personal Growth & Self Improvement
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 3241:Mr.1500 of 1500Days.com reflects on his philosophy regarding money, realizing that money is merely a facilitator for ac ... Show More
10m 17s
Apr 2024
3161: How do You Start Saving Money Living Payday to Payday by Misty with 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 3161:Discover practical strategies to escape the paycheck-to-paycheck cycle in Misty's enlightening guide on WomenWhoMoney.c ... Show More
9m 49s
Sep 2024
3335: [Part 2] One Surprisingly Simple Rule that Will Change Your Life by Kendra Wright with Marc and Angel
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 3335:Kendra Wright emphasizes the importance of scheduling personal time with the same intentionality as professional tasks. ... Show More
11m 33s
Feb 2025
3499: [Part 2] 30 Days of Daily Planning for a Better Life by Michael Mehlberg on Time Management
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 3499:Michael Mehlberg lays out three distinct planning methods to help you take control of your time and boost productivity. ... Show More
12m 33s
Dec 2024
Buy What You Love Without Going Broke | Frugal Friends | Ep 527
Join Brad, Jen, and Jill as they navigate the intricate balance between frugality and financial independence. Explore creative alternatives for spending less, and the importance of aligning your finances with your core values. Key Topics Discussed Introduction to Frugality (00:00 ... Show More
57m 43s
Mar 2025
3512: Top Question About Lifestyle Design by Stephen Warley of Life Skills That Matter How to Build New Habits
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 3512:Stephen Warley explains why lifestyle design typically takes 18 months or longer, emphasizing the need to reframe your ... Show More
11m 39s
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