{"podcast":{"title":"Optimal Finance Daily - Financial Independence and Money Advice","slug":"optimal-finance-daily-financial-independence-and-money-advice-879660","podcast_index_feed_id":879660,"rss_url":"https://feeds.megaphone.fm/OLD5541344269","website_url":"https://oldpodcast.com","image_url":"https://megaphone.imgix.net/podcasts/e672780c-36c1-11ec-906c-a32d99125980/image/0551550f21ca6f716db7be01cb360931.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Optimal Living Daily LLC","episode_count":3647,"summary":"Optimal Finance Daily is the #1 narrated podcast for the FIRE movement (Financial Independence, Retire Early). We curate and read the internet's most influential blogs on stock market investing, passive income, debt repayment, and 401k strategies, transforming complex wisdom into actionable daily episodes. Hosted by Diania Merriam (founder of the EconoMe conference), this show is designed for growth-minded professionals seeking wealth management tips and money mindfulness. From budgeting and frugal living to index fund investing and tax strategies, Diania provides the tools to secure your financial freedom. Join thousands of listeners becoming \"OLD friends\" as we navigate retirement planning, savvy money management, and the path to a debt-free life. Your journey to an optimal life begins here.","last_synced_at":"2026-07-27T14:20:24.970583+00:00","page_url":"https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660"},"episode":{"title":"3625: 6 Ways Being Cheap Can Cost You Money by Michelle Schroeder-Gardner of Making Sense of Cents","slug":"3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents","published_at":"2026-07-11T07:00:00+00:00","page_url":"https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents","show_page_url":"https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660","url":"https://traffic.megaphone.fm/OLD1801145411.mp3","audio_url":"https://traffic.megaphone.fm/OLD1801145411.mp3","summary":"Get the 200+ Page Optimal Living Daily Workbook (PDF) — Free. Want to turn today’s episode into an actionable plan? Join the Optimal Living Weekly newsletter and I’ll send you our 200-page digital workbook immediately. It’s packed with the best takeaways from the show, formatted for easy reading and implementation at home. Get your free PDF workbook here: ⁠https://oldpodcast.eo.page/join⁠ Discover all of the podcasts in our network, search for specific episodes and learn more at:⁠ OLDPodcast.com⁠. Episode 3625: Michelle Schroeder-Gardner shares six common ways that trying to save a few dollars can actually lead to bigger expenses, from buying low-quality clothing to skipping insurance and routine maintenance. Her examples reveal how focusing only on short-term savings can cost you time, money, and peace of mind, while encouraging smarter, long-term financial decisions. 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: \"DIY will not always save you money.\" \"You do not want to skip maintenance and have to pay more money later because a major problem could have been prevented, or do a shoddy maintenance job and find out the whole thing needs to be completely redone.\" \"Many people each and every single day make the mistake of trying to save money, yet end up wasting money in the end.\" Episode references: Groupon: https://www.groupon.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices","meta_description":"Get the 200+ Page Optimal Living Daily Workbook (PDF) — Free. Want to turn today’s episode into an actionable plan? Join the Optimal Living Weekly newslet…","key_points":[],"chapters":[],"topics":[],"duration_seconds":475,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/optimal-finance-daily-financial-independence-and-money-advice-879660/episodes/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}