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Optimal Finance Daily - Financial Independence and Money Advice

3186: Why You Shouldn’t Optimize Your Life by Nick Maggiulli on Personal Development and Growth

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 22 June 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

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 3186: Nick Maggiulli explores how the relentless pursuit of optimization, whether in finances, health, or daily decisions, can lead us astray from what truly matters. Using the Iowa Gambling Task as a metaphor, he reveals how life’s value often lies in its uncertainty and imperfections, urging us to prioritize meaningful progress over marginal gains. Read along with the original article(s) here: https://ofdollarsanddata.com/why-you-shouldnt-optimize-your-life/ Quotes to ponder: "Once you remove the uncertainties of life, you can almost always find a better option that you could have chosen instead." "It’s optimization all the way down." "You start to live the life of a stranger. You eat the food of someone else, wear the clothes of not-you with kids that are more attached to their nanny than to you." Episode references: Iowa Gambling Task (Wikipedia): https://en.wikipedia.org/wiki/Iowa_gambling_task Ramit Sethi - I Will Teach You To Be Rich: https://www.iwillteachyoutoberich.com The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the year 2000.

0:02.8

Everyone, everywhere, is having fun, except me.

0:06.6

On BBC Eye Player.

0:08.0

I worry you're growing up too fast.

0:10.6

Yeah, we can't be your little ducky forever, can I?

0:13.0

Inspired by a true story.

0:14.8

Walk out of this house a boy, one day you'll come back.

0:17.8

When you do, you will be a man.

0:20.2

I won't hold your breath. What it feels like for a girl. I wish I could look like you. come back. When you do, you will be a man. Oh, and hard your breath. What it feels like

0:22.4

for a girl. I wish I could look like you. Beva, you can. Why don't you? Watch on BBC I

0:28.5

Player. Hi, this is Ava from Vanta. In today's digital world, compliance regulations are changing

0:35.9

constantly, and earning customer trust has never mattered more.

0:40.0

Banta helps companies get compliant fast and stay secure, with the most advanced AI automation and continuous

0:46.3

monitoring out there. So whether you're a startup going for your first SOC 2 or ISO-27,01, or a growing

0:52.2

enterprise managing vendor risk, Banta makes it quick, easy, and

0:55.8

scalable. And I'm not to say that because I work here. Get started today at vanta.com.

1:01.5

Welcome back to a bonus Sunday episode. I do this once a week so we can hear a little more content

1:07.4

to optimize our lives, an extra episode from one of the other shows where we read

1:12.5

articles to you. Today, I'm sharing one from Optimal Living Daily. If you enjoy it, you can

1:18.4

follow or subscribe in your favorite podcast app for daily episodes. So with that, here's Justin

1:24.7

from Optimal Living Daily, as we optimize your life.

1:31.9

Why you shouldn't optimize your life by Nick Majuli of Dollarsand Data.com.

...

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