Shows / BiggerPockets Money Podcast

BiggerPockets Money Podcast
Intermediate to advanced personal finance strategies for people serious about the FIRE (financial independence retire early) movement—not just dreaming about it. Tune in on Tuesdays and Fridays for new BiggerPockets Money episodes with your hosts, Mindy Jensen and Scott Trench! Or visit BiggerPocketsMoney.com with additional resources.
Episodes
BiggerPockets Money Podcast329: From Extreme Poverty to DIY Wealth and 2 Full-Time Incomes w/The She Wolfe of Wall Street
Wealth-building isn’t a pre-formulated path for most people. For those raised in poverty, the thought of financial stability seems like a far-out dream…
BiggerPockets Money Podcast328: The Best Alternative Investment No One Knows About w/Alex Breshears and Beth Johnson
For average investors, private money lending has been mentally squared away as “something mega-wealthy people do.” Most investors will write off lending money…
BiggerPockets Money Podcast327: Why the Stock Market Should NOT Scare You (Even As It Crashes) w/Brian Feroldi
A stock market crash looks like bad news. The world is ending and everything is down. There won’t be any more profits to take…until the stock market gets back…
BiggerPockets Money Podcast326: Finance Friday: Still Feeling “Money Anxious” After Hitting FI
The path to financial freedom is different for everyone. Some invest in stocks, others flip houses, but one couple breeds rats, trains horses, and buys rentals…
BiggerPockets Money Podcast325: How to Buy Yourself a 6-Figure Income Stream
Buying a business may sound out of your element. Stocks are one thing, and real estate is another, but what about buying businesses? Isn’t business buying…
BiggerPockets Money Podcast324: Finance Friday: Why Even Millionaires Still Have to Budget
What is a millionaire? By definition, someone who has a million dollars or more in net worth. But what do you think of when we say “millionaire”? Are you…
BiggerPockets Money Podcast323: Coast FI: The Calculated Way to Retire Early WITHOUT Giving Up What You Love w/Jessica from The Fioneers
Coast FI is an interesting concept. Unfortunately, to much of Mindy’s surprise, “coast FI” doesn’t mean having enough money to live by the coast. But, just…
BiggerPockets Money Podcast322: Finance Friday: Living Paycheck-to-Paycheck with 9 Rental Properties
Rental property cash flow is one of the most important metrics to calculate when analyzing real estate. Your cash flow not only helps you make a little extra…
BiggerPockets Money Podcast321: From Spending Six-Figures a Year to Saving 80% of His Income
Living paycheck to paycheck isn’t sustainable. But, if you’re in this position, you already know that. The stress of always worrying about bills, scrounging…
BiggerPockets Money Podcast320: Finance Friday: How to Invest When the 20-Year Grind Pays Off
Retirement strategies range from simple index fund investing all the way to full-on real estate development deals. What works for some investors won’t work for…
BiggerPockets Money Podcast319: The “Deathbed Toolkit” That Makes Building Wealth Much More Enjoyable
Your financial freedom journey won’t look like anyone else’s. It’s your future, your passion, and your life on the line when trying to hit financial…
BiggerPockets Money Podcast318: Finance Friday: The Median Earner’s Guide to Fast-Tracking FI
The “semi-retired” lifestyle seems to go against everything early retirement chasers have been taught. For years, it’s been pushed into our brains that…
BiggerPockets Money Podcast317: Early Retirement by 30 with $20K/Month in (Actually) Passive Income
Early retirement is something people in their forties and fifties do, right? It would seem almost impossible for someone to retire in their mid/late twenties…
BiggerPockets Money Podcast316: Spending Categories to Cut During a Downturn | Mindy & Carl’s Budget Review
When building your budget, do you have a line designated for “economic downturn” or “high inflation?” Probably not. Many financial freaks like Carl and Mindy…
BiggerPockets Money Podcast315: From 400 Credit Score to Making $17,000/Month in Passive Income
Passive income and credit scores. While they don't entirely rely on each other, having good credit does allow you to build passive income streams far faster…
BiggerPockets Money Podcast314: Finance Friday: How to Get to Early Retirement Even Faster
Those searching how to retire early usually come away with one conclusion—you have to make much, much more money. Most financial independence pursuers think…
BiggerPockets Money Podcast313: The “Perfect” Investment Portfolio for Early Retirement w/Ask The Money Coach
Early retirement is one of those common personal finance topics that always comes up on the show. It’s arguably the most talked-about subject in our Facebook…
BiggerPockets Money Podcast312: Buy Now, Pay Later: Consumer Convenience or Predatory Pricing Scheme?
“Buy now, pay later” companies have been around for decades, but not in the form they take today. You may have noticed that when you check out from an online…
BiggerPockets Money Podcast311: How to Create Financial Security (From Scratch!) and Become “Set for Life”
What's stopping you from becoming debt-free? Everyone’s answers will vary, but one truth remains the same—excessive debt can prevent you from living the life…
BiggerPockets Money Podcast310: Finance Friday: Sell (Don’t Rent) Your Primary Residence When You Move Out
Retirement investing is a crucial part of planning for financial freedom. While early retirement is a status that almost everyone would love to achieve, the…
BiggerPockets Money Podcast309: Bonds: The Perfect Inflation Hedge (with One BIG Caveat)
I Bonds, and treasury bonds in general, have always been thought of as the “retiree's investment choice.” For those that have a short time horizon on…
BiggerPockets Money Podcast308: Why You Can’t Stop Overspending | Mindy & Carl’s Budget Review
Many FIRE chasers want to know how to stop overspending. But maybe the solution to overspending is simply knowing about it in the first place. For many…
BiggerPockets Money Podcast307: The 4 Steps to Financial Freedom and Debt-Free Wealth
Want to work less and make more? With a forty-hour workweek, it seems hard to imagine a reality where you can do less but still get the same results. How can…
BiggerPockets Money Podcast306: Finance Friday: Self-Employed Income and Short-Term Rental Investing
If you want to invest in real estate, you’ll need a few things: a property, an income source, and some cash. If you’ve got all three, you should be able to…
BiggerPockets Money Podcast305: What to Do Before You Quit the High-Pay & Benefits of Corporate World
Before you quit your job, you will need to prepare yourself not just financially, but mentally. If you’re thinking of leaving your W2, and you're not at…
BiggerPockets Money Podcast304: Finance Friday: The Fastest Way to Pay Off $300k in Student Debt
It’s a strange time for student debt. On one hand, many college graduates are electing not to pay their student loans while they sit in forbearance. On the…
BiggerPockets Money Podcast303: The Secret Steps to Getting Qualified for the Best Mortgage Possible
You may have seen mortgage tips posted throughout the forums or in the BiggerPockets Money Facebook Group, but rarely do you get preapproval tips straight from…
BiggerPockets Money Podcast302: Finance Friday: Can I Live in Flip My Way to FI at 55 Years Old?
Almost every age group wants to know how to retire in ten years. Whether you’re in your teens, your mid-thirties, or your mid-fifties, retirement can seem like…
BiggerPockets Money Podcast301: Why You’re (Probably) Wrong About Prenups
Asking for a prenup (prenuptial agreement) can be an exceedingly scary ask. To your partner, a prenup may seem like a way of telling them that you’re planning…
BiggerPockets Money Podcast300: Finance Friday: How to Avoid the “Middle Class Trap” When Building Wealth
You’ve heard of middle-class money traps before. Like spending your whole paycheck on rent, not paying yourself first, and the sneaky seduction of obsessive…
BiggerPockets Money Podcast299: Food Spending Eating Away at Your FI Plans? Here’s How to Eat for Cheap
Budget meals, cheap eats, and deliciously discounted recipes are all in this episode of the BiggerPockets Money Podcast. As many of you financial freedom…
BiggerPockets Money Podcast298: The April Stock Market Slump | Mindy & Carl’s Budget Review
Stock market crashes aren’t common, but when they happen, they often catch you by surprise. Thankfully, we’re not in the middle of a stock market crash, but…
BiggerPockets Money Podcast297: How to Find Free Money to Finance Your Education & Avoid Extensive Student Debt w/Robert Farrington
The idea of college comes with a lot of questions—but there is one question that isn't usually asked: is college worth the cost? Most would say yes, but the…
BiggerPockets Money Podcast296: Finance Friday: How Do I Get Out Of This Cash Flow Crisis?
Everyone has experienced negative cash flow. If you have a troublesome rental property, you may experience negative cash flow. If you have a low income but an…
BiggerPockets Money Podcast295: Fueling Early Retirement at 36 with Just 4 Rental Properties w/Antoinette Munroe
Early retirement was a goal for today’s guest, Antoinette Munroe, the moment she started making money. Her money journey started in second grade when she sold…
BiggerPockets Money Podcast294: Finance Friday: Stable Index Funds or Cash-Flow-Reliable Rentals?
Index funds and rental properties are at opposite ends of the investing spectrum. On one side, you have highly diversified, almost entirely passive index…
BiggerPockets Money Podcast293: Why 40% of Master’s Degrees Aren’t Worth It (and Which Are) w/Preston Cooper
A master’s degree shows quite simply that you’re a master (at least to some extent) in a certain subject. For decades, getting a master’s degree has been seen…
BiggerPockets Money Podcast292: Mindy & Carl’s Spending Summary: March Money Madness Edition
Financial independence is not a new concept to Carl and Mindy Jensen. For as long as they’ve been together, Carl and Mindy have been open and upfront about…
BiggerPockets Money Podcast291: Turning eBay Profits into Cash-Flowing Rentals w/The Frugal Gay
eBay flipping isn’t something new. You’ve probably bought something on eBay that was sold by a reseller. Maybe a type of makeup you liked got discontinued…
BiggerPockets Money Podcast290: Finance FAQs: Renting vs. Buying, How to Pay Off Debt, & Creative Real Estate Closings
Renting vs. buying a home, debt payoff, and the best investments of 2022 are just a few of the topics discussed in this week’s Finance FAQs. That’s right…
BiggerPockets Money Podcast289: How to Retire in 3 Years (After MANY Mistakes) with Real Estate w/Hugh Carnahan
Real estate and early retirement go hand in hand. Most people think that it’ll take years (or decades) to build up enough cash flow to simply break even on…
BiggerPockets Money Podcast288: Finance Friday: Am I Investing Fast Enough to Retire Early in Portugal?
Passive income is a must, especially if you’re trading your life in America to start living in Portugal. Why Portugal? Besides the climate, coastline, and…
BiggerPockets Money Podcast287: How to Ask for a Raise (and Actually Get It!) w/Kassandra Dasent
Do you know how to ask for a raise? If you’re like most people, you probably think that we’re asking a rhetorical question. If you think it’s as easy as simply…
BiggerPockets Money Podcast286: Finance Friday: Building Your Financial Runway Even with Irregular Income w/ Eric Dunn
It's not uncommon to have irregular income as a business owner or self-employed individual. But with different amounts of money coming in every month, how can…
BiggerPockets Money Podcast285: The Difficult Path to Wealth: Losing Money on Your First Real Estate Deal w/ JL Collins
When most people think of JL Collins, they think of smart stock and index fund investing. In his classic, The Simple Path to Wealth, JL lays out the…
BiggerPockets Money Podcast284: Carl and Mindy’s Spending Summary: Why We Went $1,000 Over Budget…Again
Travel budgeting, sky-high gas prices, and “free” utilities are coming up in this month’s episode of Carl and Mindy’s Spending Summary. Like many Americans…
BiggerPockets Money Podcast283: 8+ Income Streams as a Single Mom and Money Master w/ Tiffany Grant
Multiple streams of income are a must if you’re trying to hit financial independence, retire early, and have the luxury of time brought back into your life…
BiggerPockets Money Podcast282: Finance Friday: Got a Late Start? Here’s How to Ramp Up Your Passive Income
Passive income is the name of the game when it comes to real estate investing. While equity can help you build wealth, passive income is what can get you on…
BiggerPockets Money Podcast281: Former Fed President Warns Easy Money Will Bring Big Consequences for Investors w/ Tom Hoenig
Inflation can be a detriment to any early retirement plan. At first, you may think you only need a certain amount of money to retire, and maybe you’re…
BiggerPockets Money Podcast280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate
Investing in real estate is a proven way to build wealth, produce more cash flow, and retire early. But, not everyone is cut out to do every type of real…
BiggerPockets Money Podcast279: Digital Nomad-ing and Answering All Your FIRE Healthcare Questions w/Amy & Tim from GoWithLess
Health insurance for early retirement? Is that even a thing? If it is, it doesn’t seem self-evident in the United States. For most early retirees within the…
BiggerPockets Money Podcast278: Finance Friday: How to Quell Your Money Anxiety (Even as a High Earner!)
If you want to know how to save money, just look at your expenses. Odds are, if you’re like most people, you aren't budgeting or tracking your expenses to a…
BiggerPockets Money Podcast277: Fighting the “Hustle Culture” That Ruins The Joy of Financial Independence w/ Pete McPherson
“Hustle culture” has been a term for the past decade or so. It somehow became a badge of honor to prove that you’re working the hardest, longest, and most…
BiggerPockets Money Podcast276: Carl and Mindy’s Spending Summary: Why Did We Go So Over Budget in January?
Emergency funds, frugal experiments, free photons, and “thoughtful spending” were just a few things that came to light during Carl and Mindy Jensen’s January…
BiggerPockets Money Podcast275: The Most Common (and Rarely Discussed) Money Mishaps w/ David Pere
Lifestyle creep, budget hesitancy, and cash scarcity are problems you’d likely hear from someone just getting into the realm of financial…
BiggerPockets Money Podcast274: Finance Friday: What’s The Best Way to Buy Rentals—Partnerships or Solo?
Rental properties can be a phenomenal second source of income for the majority of us who work at regular jobs. One or two rental property purchases every year…
BiggerPockets Money Podcast273: Breaking Down Barriers: From Homelessness to Renowned Surgeon w/Dr. David L. Rhoiney
The poverty cycle is a hard one to break out of. For some people, it is near impossible to climb yourself out of the hole that society, family, or unfortunate…
BiggerPockets Money Podcast272: Finance Friday: Should You Pay Off Your Mortgage Early or Invest?
Ahh, the age-old question: pay off your mortgage early or invest? It’s no wonder so many members of the financial independence community have strong feelings…
BiggerPockets Money Podcast271: The 4 Rules of Managing Your Money w/Jesse Mecham from YNAB
You Need a Budget is the expense tracker/budgeter that requires no introduction…but we’ll give it one anyways! In 2004, Jesse Mecham launched this…
BiggerPockets Money Podcast270: Finance Friday: How to Achieve “Financial Flexibility” on a $65K/Year Salary
Financial flexibility is one of the hidden stages along the path to financial independence. When you hit financial flexibility, you have far more choices than…