BiggerPockets Money

BiggerPockets Money

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BiggerPockets Money episodes

  • 556: FIRE in 2024: What We’d Do Differently If We Started Over Today

    2013 was a pivotal year for our hosts. Scott was fresh out of college and just beginning his journey to financial independence, while Mindy and her husband were well on their way to FIRE and had just launched their blog, 1,500 Days, to document their progress. But if they were starting over today, would they change anything?


    Welcome back to the BiggerPockets Money podcast! In today’s episode, Scott and Mindy are winding back the clock ten years and sharing what they would do differently if they were beginning their FI journey in 2024. Spoiler alert: they wouldn’t have changed very much regarding the fundamentals of frugality, saving money, and investing. But, as you’re about to find out, they would make some MAJOR tactical changes, and they even have a few regrets about not spending money!


    Whether you’re brand new to FIRE or are already on track for financial freedom, you don’t want to miss this episode! You’ll learn about the real estate investing strategy Scott would prioritize in 2024, the stock investments that helped Mindy overshoot her FI number, and the lifestyle changes our hosts wish they had made along the way!


    In This Episode We Cover

    What Scott and Mindy would change if they were starting their FI journey today

    Three types of investments that will carry you to financial independence

    How to invest in real estate in 2024 (and which strategy to use)

    When to prioritize saving cash over contributing to retirement accounts

    The cash-flowing investment property WE would be buying in 2024

    The individual stocks that catapulted Mindy toward FIRE

    How to save thousands of dollars in taxes with live in flips

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    BiggerPockets Money Group

    Buy Scott’s Book “Set for Life”

    See Mindy and Scott at BPCON2024 in Cancun! 

    BiggerPockets Money - Episode 549: Is FIRE Dead? No, But Here’s Why Most WON’T Achieve It


    00:00 Intro

    01:24 Chasing FIRE in 2013

    05:54 Where to Invest & Live In Flips

    12:00 Starting from Zero in 2024

    23:03 Lifestyle Changes with FI

    27:34 Save and Invest!


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-556


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    33 min
  • 555: Retiring Early Before 30 and Why You DON'T Need Millions for FIRE

    This might be the fastest path to FIRE we’ve ever seen. In just two years, Emily and James were able to retire early and travel the world full-time. They didn’t have a trust fund, some huge inheritance, or a winning lottery ticket. But they did make some serious sacrifices, cutting almost everything unnecessary out of their lives to retire early and quit the jobs they were itching to get out of. How’d they do it?


    After realizing they were throwing away every cent they made, James stumbled upon a popular personal finance blog. He devoured it that day at work and came home a changed man. The AC temperature was going up, the restaurant expenses were going down, and he was deadset on achieving financial freedom. His wife, Emily, needed some convincing. But, with time, they both became locked in on FIRE. They moved to a cheaper house, rode bikes to work, and rarely ate out anymore.


    Just two years after discovering FIRE, they achieved it, and they did it without millions of dollars in the bank. And here’s the thing: you might be able to do it, too, IF you’re willing to put in the work. How much money are they living on? How did they cut their expenses so significantly? And how do you convince your partner or spouse to follow you on the path to financial independence? Emily and James are showing you how in today’s episode!


    00:00 Intro

    01:21 Poverty to Overspending

    06:12 Convincing Your Spouse on FI

    09:09 0% to 85% Savings Rate

    16:30 Buying $50K Rentals

    23:29 Retiring on $31K/Year

    29:40 The Secret to FIRE

    32:43 Are They Still Retired?

    34:36 Advice for Finding FIRE

    36:24 Connect with James and Emily!

    37:19 Use These FIRE Tips


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-555


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    40 min
  • 554: Should I Pay Off My Mortgage or Invest? (We Did the Math)

    Pay off your mortgage or invest? If you’re on the path to FIRE, you’ve probably asked yourself this question. Without a mortgage payment, you could put thousands more in your pocket every month, and your FIRE number would decrease significantly. On the other hand, investing all the money you could have spent on paying off your mortgage may allow you to build considerably more wealth and reach Fat FIRE with more assets to your name. So, which move do you make?

    Mindy and Scott are coming on to debate this common investing question. On team “Don’t pay it off!” is Mindy, who just recently made a six-figure profit by NOT paying off her mortgage. How did she do it? Stick around to find out. Scott, who just bought his recent home in cash, is pro-paying off the mortgage (for some), as it may lead you to FIRE much faster than you thought.

    In this episode, Scott and Mindy discuss WHO should pay off their mortgage early, the pros and cons of investing vs. going debt-free, and why one move may be MUCH better for those closer to FIRE. Want more money for your future retirement? Sick of your job and want to quit quickly and retire on your terms? We’ve got options for BOTH!


    In This Episode We Cover

    Whether you should pay off your mortgage early or invest instead

    How Mindy made a six-figure stock profit by NOT paying off her home

    Why paying off your low-interest rate mortgage may make sense EVEN in 2024

    How those close to retirement can shave off a BIG portion of their FIRE number and retire now

    Whether you should keep cash in a high-yield savings account instead of paying down a low-rate mortgage

    Other BIG cost-saving benefits of paying off your mortgage early

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    BiggerPockets Money Group

    BiggerPockets Money 543 - How the “Middle-Class Trap” Stops Your Early Retirement



    00:00 Intro

    01:27 Why You SHOULDN’T Pay It Off

    05:35 Why You SHOULD Pay it Off

    15:07 Keep Cash in the Bank?

    20:54 Big Benefits of Paying it Off

    27:51 What Would You Do?

    29:29 Scared of Stock Performance?


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-554


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    32 min
  • 553: $100K by 23, Coast FI by 27 Thanks to One Smart Money Challenge

    Once you hit Coast FI, you don’t need to worry about retirement. While traditional FIRE may take a bit more extra work, Coast FI allows you to let your foot off the gas and enjoy life NOW, knowing that you’ll be set for retirement by the time you’re sixty-five. Lisa hit her coast FI number at the (very) young age of twenty-seven, and she will have millions of dollars waiting for her in retirement, even if she stops investing now. How’d she do it so quickly?


    When her father challenged her to save $100K by age twenty-five, Lisa said, “Why not!” She hit the goal—actually, she got there two years earlier! After much saving and significant sacrifice, Lisa had a six-figure net worth in her early twenties. From there, she began heavily investing in her retirement accounts, which now boast over a quarter of a million dollars, and she’s on track to have half a million at thirty!


    How did Lisa get so far ahead of the average twenty-seven-year-old, and what can you teach your kids, grandkids, nephews, nieces, or siblings to get them on the same path? Tune in because Lisa shares how to save $100K, the easiest way to invest for retirement, the tax-free account that will make your future self rich, and her best advice for growing wealth at a young age.


    Support today’s show sponsor, BAM Capital, your path to generational wealth with premier real estate investment opportunities! 


    In This Episode We Cover

    How to save $100K in just a few years (even if you’re starting your career)

    The tax-free retirement account you can’t afford to overlook

    Coast FI 101 and how to hit it early so you can enjoy spending again

    The sacrifice of saving and whether or not it’s worth it to go fully frugal

    Index fund investing and why it’s one of the easiest ways to start investing

    Lisa’s retirement portfolio and exactly what she’s investing in now

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott on BiggePockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    Connect with Amanda

    The Simple Path to Wealth—Index Funds Explained with JL Collins

    See Mindy at BPCON2024 in Cancun!

    BiggerPockets Money 124 - Starting From $0 at Age 35 as a Teacher and Becoming ‘The Millionaire Educator’


    00:00 Intro

    01:37 Early Financial Education

    03:53 $100K by 25 Challenge 

    07:08 Sacrificing to Save 

    10:26 Current Salary and Spending 

    13:13 What She Invests In 

    15:15 Coast FI at 27

    21:45 Save Your First $100K!

    24:56 Follow Her Lead! 


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-553


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    30 min
  • 552: From Making $40K/Year as a Teacher to Reaching FI in 4 Years by Doing THIS

    You can take your time to reach financial independence, but why wait? With a combination of hard work, savvy investing, and additional income streams, today’s guest reached FI by the age of twenty-eight. In this episode, she provides the blueprint that teachers and other middle-class workers can use to fast-track their financial goals!


    Welcome back to the BiggerPockets Money podcast! Today, Brooke Coughlin is a business owner, real estate agent, investor, and author. But, just FOUR years ago, she was a seventh-grade teacher earning a $40,000 salary. The key to her rapid success? Brooke’s workday starts at 5 a.m. and ends well after 10 p.m. This relentless work ethic has helped her build a successful cleaning business, sell over $100 million worth of real estate, and pen her very own book!


    Now, working from sunup to sundown isn’t for everyone. Perhaps you just want a reasonable nest egg for a comfortable retirement or some money to pass down to your children. Whatever your financial goals, there are all kinds of helpful nuggets to take away from today’s episode. You’ll learn about the first steps of entrepreneurship, how to build a business or side hustle alongside your W2 job, and how to become financially free from any starting point!



    In This Episode We Cover

    How Brooke went from a $40,000 salary to financial independence in FOUR years

    The BEST ways to increase your income while working a nine-to-five job

    What teachers should do today to build a nest egg for retirement

    The first steps you must take to become a successful entrepreneur

    How to build a real estate business that allows you to leave your W2 job

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott on BiggePockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    Property Manager Finder

    Connect with Brooke on Instagram

    Preorder Brooke’s Book, “She Closes Deals”


    00:00 Intro

    00:58 Supercharging Her Income

    09:49 Juggling a HEAVY Workload

    12:00 Brooke’s Real Estate Portfolio

    16:03 What’s Brooke’s End Goal?

    25:06 Connect with Brooke!

    25:50 Start Building Your Nest Egg!


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-522


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    37 min
  • BiggerPockets Real Estate 2.0 - A New Era of the Podcast

    The BiggerPockets Real Estate Podcast is about to hit a huge milestone—our 1,000th episode! Real estate has changed quite a bit since we started this podcast, so we’re making some changes, too. 


    We’re bringing on new guests and new formats while focusing on investing tactics and strategies that work in TODAY’s housing market. Oh, and did we mention fewer ads, too?


    We’re still delivering the time-tested knowledge, inspiration, and news you expect from the BiggerPockets Real Estate Podcast so YOU can work towards financial freedom, no matter the market conditions.


    Join Dave Meyer, our new host, for our 1,000th episode, and tune in on Mondays, Wednesdays, and Fridays to learn how YOU can reach financial independence through real estate!


    Hit “Follow” to never miss an episode!


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-no-number


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    5 min
  • 551: Retired Early at 44 by Buying These "Boring" Investments

    Todd retired early at age forty-four, just three years after discovering the FIRE movement. The most interesting part? He quit without reaching his FIRE number. That’s right. After realizing he couldn’t go one more day working his job, he quit, even without the perfect amount of money on the sidelines. Did he survive in the FIRE life, or did he eventually have to return to work to rebuild his portfolio? Stick around and find out!


    Although Todd made a good income, he spent most of it on his lifestyle. As his family’s sole provider, every expense took away from his income, leaving him with a respectable but by no means large savings rate. One day, as Todd surfed the internet at work, he stumbled upon a financial independence blog post, and the rest was history! He chased FIRE ruthlessly for three years and eventually was able to retire on his terms.


    If you’re looking to retire in your forties, quit your job, find financial freedom, or finally grow your savings, tune in for Todd’s advice. Even if you don’t have a high income, you can follow his cost-cutting, “boring” investing advice to achieve financial independence faster than you thought possible!


    In This Episode We Cover

    The “boring” investments that lead you to financial independence and early retirement

    Coming up with your FIRE number and whether the 4% rule still works

    Getting richer in retirement and how to build wealth WITHOUT working

    How cutting your expenses will fast-track your path to early retirement

    Quitting your job and why you MUST prepare for life in retirement BEFORE you walk away from your salary

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott on BiggePockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    Property Manager Finder

    Apply to Be a Finance Friday Guest

    Subscribe to The BiggerPockets Money YouTube Channel 

    Apply to Be a BiggerPockets Money Guest

    Apply to Be a Finance Review Guest

    Email [email protected] for the 4% Rule Article or Todd’s Contact Information

    See Mindy at BPCON2024 in Cancun!

    How to Retire Early (From Someone Who Did at Age 27)


    00:00 Intro

    01:09 Finding the FIRE Movement

    03:24 Getting His Wife on Board

    04:38 His FIRE Number 

    05:32 FIRE Movement Myths 

    07:37 Getting Richer in Retirement 

    11:55 Quitting His Job!

    13:14 Prepare for Post-FI!


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-551


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    16 min
  • 550: How My Home Makes Me an Extra $1,400/Month (EVEN In an Expensive Market)

    Wouldn’t it be nice if your home paid for itself? Every month, you throw a substantial sum of money towards your rent or mortgage payment, but what if you could live mortgage-free? With ADU investments, it’s more than possible. Michael Russell used an ADU (accessory dwelling unit) to make an extra $1,400/month off of his pricey California home. Combined with a bit of house hacking, Michael was getting PAID to live in one of the nation’s most expensive states. And he did it all on an average salary!


    So, how do YOU use ADUs to lower your cost of living and turn your home into a cash-flowing investment? Today, Michael walks us through exactly how he did it, how much it cost, how long it took, and how much money he ended up making.


    With high interest rates, will the ADU investing strategy still work in today’s market? How hard is it to build an ADU? And what’s the one mistake Michael wishes he hadn’t made before he built his ADU? We’re answering all these questions in this episode and showing you how to slash your mortgage payment, even if you live in a costly housing market!


    In This Episode We Cover

    ADU investing explained and how much it costs to build an accessory dwelling unit

    Why more local and state governments WANT homeowners to build ADUs

    How to get paid to live (even in a high-cost-of-living area) with ADUs and house hacking

    The one mistake that cost Michael months of time (and rent) that you can’t afford to repeat

    Finding homes with ADU potential and the investor-friendly agent you NEED to spot these opportunities

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott on BiggePockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    Property Manager Finder

    Work with Michael

    BiggerPockets Real Estate 356 - 30+ Rentals (in a Pricy Market) Through BRRRR and Section 8 with Joe Asamoah

    BiggerPockets Real Estate 575 - Killer Cash Flow with This “Tenant-First” Section 8 Rental Strategy w/Joe Asamoah

    BiggerPockets Money 37 - Paying Off Student Loan Debt with a Median Income and Two Kids in Northern California with Kyle Renke



    00:00 Intro

    01:19 Money Snapshot

    04:17 Home Run House Hack 

    06:01 Smart Money Moves Early On

    10:47 Surviving on $36K/Year 

    12:40 Building the ADU

    22:12 How Long Did it Take?

    24:55 ADU Investing with High Rates 

    33:37 Starting ADU Side Hustles

    37:40 The Right Type of Agent 

    45:58 Connect with Michael! 

    46:59 The Housing Solution?


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-550


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    52 min
  • 549: Is FIRE Dead? No, But Here’s Why Most WON’T Achieve It

    Is the FIRE movement dead? In 2024, more people are catching on to the huge downsides of pursuing financial independence, retire early. Strict frugality, massive sacrifice, working harder than ever…is it really worth it to retire decades before everyone else? If you’re internally screaming, “Yes! Of course it is!” you’re in good company. Today, we’re talking about why FIRE is NOT dead in 2024 but why most Americans won’t achieve it.


    It’s easy to claim that the FIRE movement is dead in 2024 when inflation has been high, savings rates are low, and there’s economic uncertainty all around. The problem? Almost all of that can be easily factored into your FIRE plan, and with some sacrifices, you could easily retire early in five, ten, or fifteen years. So, if FIRE is still possible, what must the average person do to achieve it?


    We’ll discuss the mindset shift you must undergo to reach financial independence, the sacrifices you must prepare for, and what we would have done differently on our own paths to FIRE. Achieving financial freedom doesn’t need to be an all-out grind with zero enjoyment. Even if you make minor money moves today, you could be retiring YEARS earlier than you thought possible!


    In This Episode We Cover

    An update on the FIRE movement and whether or not FIRE is possible in 2024

    The 4% rule explained, and why it works EVEN during high inflation

    The sacrifice that most Americans will NEVER make to retire early 

    How to achieve FIRE even if you have an average income 

    The “grind” that gets you RICH and how to tell you’re on the right track for FIRE

    How frequently to check your investments/accounts (and whether it really matters)

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott on BiggePockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    Property Manager Finder

    Apply to Be a Finance Friday Guest

    BiggerPockets Money 120 - Are FIRE Naysayers Bad at Math? Yes. with Michael Kitces

    BiggerPockets Money 169 - Breaking the Taboo of Talking About Money with Friends, Family, and Bosses w/Erin Lowry

    BiggerPockets Money 243 - Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together

    BiggerPockets Money 516 - Jaspreet Singh: Getting Rich Slowly and Why Some People STAY Broke

    cFIREsim (FIRE Calculator)

    My Death March to Financial Independence

    Email [email protected] for the “4% Rule” Article


    00:00 Intro

    04:19 Is the FIRE Movement Dead?

    10:93 Do You Need a High Income?

    16:36 Should Everyone Pursue FIRE?

    24:44 How Average People Achieve FIRE

    30:04 FIRE in 2024

    35:54 Retiring Early During Inflation 

    38:38 You CAN Achieve FIRE


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-549


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    42 min
  • 548: 2 Money Moves We’re Making TODAY to Prepare for a Potential Recession

    Are we in a recession? Are we headed for a recession? No one knows for certain, but you can never be too prepared for an economic downturn. Are you saving money? Do you have a plan in the event you lose your job? In today’s episode, we’ll help prepare you for anything that might be thrown your way!


    Welcome back to the BiggerPockets Money podcast! Amidst economic uncertainty, there are two steps you must take to weather tough times: build an emergency fund and brace for a potential layoff. Today, Mindy and guest co-host Amanda Wolfe are bringing you their best money tips for getting through a recession. First, they’ll show you how to pad your emergency fund by saving hundreds on groceries each month, negotiating your bills, and eliminating unnecessary expenses from your budget. Believe it or not, it might even be time to cut back on aggressive debt paydown or extra 401(k) contributions!


    Next, they’ll help you with a potential job search. You’ll learn how to get your resume seen by more employers and determine your market pay rate. But that’s not all. Stick around until the end to learn why staying with your current company—regardless of whether your job is at risk—could cost you millions of dollars over your lifetime!


    In This Episode We Cover

    How to get your financial house in order before an economic decline

    Calculating how much money YOU need for an emergency fund

    How to slash your food bill by hundreds of dollars per month

    The BEST places to find money and bolster your savings

    How to start preparing for a new job today (before you lose it!)

    When to cut back on “extra” payments and retirement contributions

    Why staying at your current job might be costing you millions of dollars

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott on BiggePockets

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Find an Investor-Friendly Agent in Your Area

    Find Investor-Friendly Lenders

    Property Manager Finder

    Try Amanda’s Free Emergency Fund Calculator

    Connect with Amanda on Instagram

    Enjoy Ebooks and Audiobooks with Libby

    Enjoy Ebooks and Audiobooks with Hoopla

    Check Out Market Pay Rates with Glassdoor

    See Mindy at BPCON2024 in Cancun!

    BiggerPockets Money - Episode 110: Systematically Increasing Income and Intentionally Decreasing Spending with A Purple Life


    00:00 Intro

    02:19 Building Your 

    11:31 Slashing Your Grocery Bill

    17:22 Negotiating Bills & Auditing Purchases

    27:56 The “No-Spend” Challenge

    33:52 Preparing for a New Job

    42:53 Send Us Your Money Tips!


    Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-548


    Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

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

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    45 min

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