BiggerPockets Money

BiggerPockets Money

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BiggerPockets Money episodes

  • 407: 8 Rentals in 8 Years and Unlocking MASSIVE Tax Breaks with One Career Move

    Think it might be too late for you to enjoy the spoils of real estate investing? Well, you’d be wrong! Regardless of age, background, or financial circumstances, it’s never too late to switch careers and become a real estate investor. Just ask today’s guest!

    In this edition of the BiggerPockets Money podcast, we’re joined by Evan Miller, who was a bright-eyed, bushy-tailed US Air Force cadet when he first took an interest in real estate. It wasn’t long before his childhood dream of becoming a pilot was ousted by the entrepreneurial pull of building his own real estate empire. Although his journey included a stint in intelligence and a pit stop as a certified financial planner, Evan has managed to create a portfolio of eight properties over the last eight years.

    In today’s episode, Evan shares his entire story from start to finish, including his frugal upbringing, his time at the academy, and his journey towards becoming a full-time real estate investor. As always, our trusted hosts Mindy and Scott are along for the ride. Tune in as we demystify a handful of money-related topics—qualifying for real estate professional status (REPS) and its enormous tax benefits, finding exclusive deals through assumable loans, and flipping houses for a profit—even in a bad housing market!


    In This Episode We Cover

    How to seamlessly transition from your current vocation to a career in real estate

    The value of frontloading depreciation when building your real estate portfolio

    Assumable loans and how to find HUGE deals in military markets

    How to flip houses at a profit in a volatile housing market

    Real estate professional status (REPS) tax benefits (and how to qualify!)

    The opportunities that come from surrounding yourself with other real estate investors

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott's Instagram

    Grab Scott’s Book, “Set for Life”

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    The Real Estate Rookie Podcast

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    Episode 217: 16 Units in 3 States as a BiggerPockets Power Couple Working Full-Time

    Grab “The Book on Investing in Real Estate with No (and Low) Money Down

    Tax Day Q&A: Live CPAs Help YOU Owe Less To the IRS

    Year-End Tax Tips and How to Owe Even Less in 2023

    Try the BiggerPockets Calculators:

    Mortgages

    Rental Calculator

    Rental Estimator


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-407


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    56 min
  • 406: Finance Friday: Why FORCING Your Way to FIRE Isn’t The Way

    The road to early retirement isn’t easy. Once you become dead-set on finding financial freedom, your entire world turns upside down. For many of us, this means spending as little as possible, ditching takeout, saying goodbye to expensive events, and becoming a frugal hermit in our own financially-focused worlds. But, this can lead to serious burnout since a life without fun is a hard life to live. Today, we talk to Sam, who’s feeling his own type of frugal fatigue.

    Sam was blindsided by a sudden divorce, separating him from his daughter and prompting him to restart his career. He went the unconventional route, getting his pilot’s license and slowly building up his income. But, switching from stay-at-home dad to breadwinner in an instant left a mental mark on Sam. As a result, he’s kept an extremely lean budget, even as his income has grown into six figures. He’s doing a phenomenal job on the path to early retirement, but with time freedom in sight, Sam is still struggling to live life in the present moment instead of always focusing on the future.

    In this Finance Friday episode, Mindy and Scott walk through paying off unconventional student debt, building a financial runway, the difference between being frugal and cheap, and whether house hacking vs. renting is the right move in this housing market. They’ll also chat over employee stock purchase programs and investing for early retirement, all while making dozens of pilot puns along the way!


    In This Episode We Cover

    Investing for early retirement and what to focus on to hit financial freedom

    Being frugal vs. cheap and whether your FIRE obsession is making life harder

    Student loan debt and when selling investments makes sense

    House hacking and using extra space in your home to make more money

    Building your “financial runway” and when it’s time to reallocate your investment portfolio

    Employee stock purchase programs and the GUARANTEED profit you’ll make

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Mindy on BiggerPockets

    Scott's Instagram

    Grab Scott’s Book, “Set for Life”

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    Scott Trench’s Step-by-Step Guide to Building Your Perfect, 1-Page Investment Plan

    Why You Don’t Need to Sacrifice Everything to Hit Financial Freedom

    How to Get to Early Retirement Even Faster


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-406


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    50 min
  • 405: Slash Your Food Budget by $150+ Per Week with EASY, Healthy, and Tasty Meals

    Healthy meals that taste great AND save you money? Surely, you can’t have all three! Today’s guest would beg to differ. After deciding roughly six years ago to embrace a healthy lifestyle, she made it her personal mission to find clean recipes that were equally affordable and flavorful. Today, she saves roughly $150 - $200 on her grocery bill each week!

    Welcome to a special bonus episode of the BiggerPockets Money podcast. Today, our hosts Mindy and Scott pick the brain of Jenn Lueke, a food blogger who teaches people how to curb their monthly food spend and prepare healthy, craveable dishes that keep food exciting.

    Have you always wanted to improve your diet without breaking the bank or spending countless hours in the kitchen? Do you wish that healthy choices tasted a little better? Tune in as Jenn talks about how she plans and preps all of her meals ahead of time, sticks to a tight grocery budget even amidst inflation or an economic downturn, and keeps all of her food organized in a one-bedroom apartment. You’ll even learn about her top budget-saving foods, go-to one-pan recipes, and favorite places to shop!


    In This Episode We Cover

    How to save on your grocery bill ($150 or more!) each week

    The best ways to optimize food storage with limited space

    Finding easy, cheap, and healthy recipes that become household staples

    How to plan and prep meals for HUGE time savings

    When to buy organic produce instead of conventional

    Shopping seasonally to take advantage of lower prices (and fresher produce!)

    And So Much More!

    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Scott's Instagram

    Grab Scott’s Book, “Set for Life”

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    44 min
  • 404: How to Build Wealth in Three Simple Steps

    The formula to build wealth isn’t complicated. Most American millionaires have figured it out, and you might have as well. It’s safe to say that almost every wealthy American has followed these three steps that lead to a life of riches. If you follow the same path, you, too, can end up with financial independence, early retirement, and generational wealththat will propel your family forward. But, even though these steps are simple, most Americans can’t or won’t follow them.

    Joining us in the fight to help every American reach financial freedom are Brian Preston and Bo Hanson from The Money Guy Show. Brian and Bo both boast numerous financial acronyms after their names. As licensed financial professionals (CPAs, CFPs, PFSs, CFAs), it’s fair to say that they know their way around a portfolio. They’ve been helping their clients and podcast listeners build wealth no matter what stage of life they’re in. And their newest study on millionaires has illuminated some surprising takeaways.

    In today’s show, Brian and Bo break down EXACTLY what millionaires are doing that average Americans aren’t, the three core principles you MUST follow to build wealth, diversification vs. concentration, and whether or not real estate should be a part of your portfolio. So whether you just got your first job, are nearing retirement, or hover somewhere in between, Brian and Bo give actionable advice you can take away to not only build wealth but keep it for generations to come! 

    In This Episode We Cover

    The three core principles you MUST follow to build wealth and become a millionaire

    Self-made riches and the surprising facts about starting from SCRATCH 

    How to protect your generational wealth after you’ve made it

    Why those that reach financial independence rarely choose to retire early

    Diversification and whether your business, home, or stock portfolio owns too much of your wealth

    The right way to invest in real estate for early retirement (and when it’s TOO risky)

    Rising interest rates and how this will affect those pursuing financial independence

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Scott's Instagram

    Mindy on BiggerPockets

    Grab Scott’s Book, “Set for Life”

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    Listen to “The Money Guy Show”

    Download the Financial Order of Operations

    Work with Brian and Bo


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-404

    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    48 min
  • 403: Finance Friday: Stay at Home with Kids or Work to Hit FI Faster?

    Financial freedom vs. family time. If done correctly, you can have both; but living the best of both worlds is impossible without sacrifice. For new parents, switching from a dual-income household to a single full-time income overnight can be a hard burden to bear. With less money comes lower retirement accounts, a longer time horizon to being debt-free, and financial freedom pushed years, or even decades, away. So, is being a stay-at-home parent worth the financial sacrifice?

    On this Finance Friday, we talk to Patrick, who recently became a new dad (woohoo!). His wife has taken on the full-time job of being a stay-at-home mom, but with a massive amount of debt hanging over their heads, Patrick is debating whether or not returning to dual income is the right move to make. Not only is this choice a financial one, it’s also an extremely personal debate, as many parents would far rather spend their time with their kids than bring home a bigger paycheck. And while we can’t tell Patrick what to do next, Mindy and Scott can offer the financial options he and his wife NEED to know about.

    But we’re not just talking about student loan debt in this episode. We also get into whole life insurance policies, HELOCs (home equity lines of credit), car loans, and whether or not buying rental properties is the right move for a new parent. You may be in Patrick’s position soon (if not already), and this topic is one you CANNOT afford to miss if you’re building wealth while raising a family!


    In This Episode We Cover

    Student loan debt and what you MUST do to become debt-free 

    Whole life insurance policies and whether they’re worth the high monthly premiums

    The true cost of college and what to know BEFORE you finance your degree

    Rental property headaches and when real estate investing may NOT be the right move

    Ditching dual income to become a stay-at-home parent and who is in the position to do so

    Reaching financial freedom as a new parent and the sacrifices you MUST make to retire early

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Join BiggerPockets for FREE

    Scott's Instagram

    Mindy on BiggerPockets

    Grab Scott’s Book, “Set for Life”

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    The Money Date: What You Should (And Definitely Should Not) Do to Align Your Finances as a Couple

    Finance Friday: How to Become Debt-Free 20 Years Faster Than You Thought

    Is College Worth the Cost? This 30,000 Variable Study Says “Sometimes…”

    Why 40% of Master’s Degrees Aren’t Worth It (and Which Are) w/Preston Cooper

    Should You Pay Down Student Debt or Start Investing?


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-403


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    53 min
  • 402: Tax Day Q&A: Live CPAs Help YOU Owe Less To the IRS

    Tax season is a nerve-racking time for many, especially for those who don’t have simple tax returns. If you’re a real estate investor, you need top-notch tax advice if you hope to reap the best tax savings when filing—legally, of course. And that’s exactly what we’ve got for you today!

    Welcome back to another episode of the BiggerPockets Money podcast. Ahead of this year’s tax deadline, we’ve brought in reinforcements to answer all of your burning tax questions. Today’s guests are Kyle Mast, fee-only certified financial planner (CFP) and real estate investor, and Natalie Kolodij, real estate tax strategist and IRS enrolled agent. In this episode, they use their collective tax expertise and perspectives to tackle a handful of key topics.

    Ever wondered whether there are different tax benefits when buying a property in cash rather than via a traditional home loan? If you’re in a partnership on a short-term rental property, how do you claim depreciation? What is a cost segregation study, and when should you do one instead of taking depreciation deductions over the normal timeline? As always, our trusted host Mindy chimes in with some important nuggets to help make your journey toward financial freedom that much easier (while owing less to Uncle Sam)!


    In This Episode We Cover

    Tax benefits of buying a property in cash versus getting a loan

    The “2-out-of-5-year” rule that allows you to avoid HUGE capital gains taxes

    How to claim depreciation deductions in an investing partnership

    The pros and cons of cost segregation studies and normal depreciation deductions

    Why you NEED to hire a real estate tax strategist (and how to find one!)

    How to set up your business entity for the best real estate tax savings

    And So Much More!

    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Connect with Mindy on BiggerPockets

    Mindy's Twitter

    Kyle’s Website

    Clarity Financial

    Kyle’s Twitter

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    Get Tax Professional Recommendations from Other Investors

    The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of

    Year-End Tax Tips and How to Owe Even Less in 2023

    2023 Real Estate Taxes: Write-Offs, Loopholes, and How to Pay Less Next Year


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-402

    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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
  • 401: The Post-Passing Plan: 3 Steps to Protect Your Family’s Financial Future

    How important are beneficiary designations? What happens if you die without a will? What are intestate succession laws? Death is a subject that most people want to avoid, especially when it intersects with finances. Unfortunately, these are necessary questions to ask, as your legacy is at stake, and taking just a few hours to plan could save your family thousands of hours after you pass.

    When guest and long-time friend Renee received the call that her husband of nine years had passed unexpectedly, she was left to deal with not only her own grief but also the financial implications of her husband’s death. While the two had discussed death and finances on multiple occasions, little did they know that a common financial error would create a logistical nightmare—one that would lead to ongoing legal battles and fractured relationships.

    In today’s episode, Renee joins us to tell her story and stress the importance of planning for the unexpected. We cover things like beneficiary designations, wills, living trusts, and intestate succession laws. Renee also shares the three steps you MUST take to avoid having a post-passing financial nightmare. As always, our hosts Mindy and Scott are here to share some invaluable advice you won’t want to miss!


    In This Episode We Cover

    How a few hours of end-of-life planning could save your next of kin thousands of hours

    Why beneficiary designations are king for all financial assets

    Intestate succession laws and what happens when you die without a will

    When others may have a legal claim to assets over a spouse

    How relationships are impacted by the financial implications of your passing

    The three steps you MUST take to get your assets in order before you die

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Scott's Instagram

    Mindy's Twitter

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Getting Financially “Naked” with Your Significant Other — With Erin Lowry from Broke Millennial (Episode #24)

    Estate Planning, Wills, and What to Do NOW to Protect Your Heirs w/Jordan Klint (Episode #395)

    Get Your Family Emergency Binder

    The Easiest Way to Create a Will


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-401


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    56 min
  • 400: Mindy and Scott’s Money Stories and Why They WON’T Retire Early

    Being able to retire early is a blessing and a curse. When you first start working a job, all you can think of is escaping your everyday responsibilities. The mind-numbing tasks, the early mornings, late nights, horrible bosses—it all adds up. But, you then find the “financial independence, retire early movement (FIRE),” and almost overnight, you decide that your future will be dedicated to setting yourself financially free. You develop skills that help you make more at your job, feeding into bigger, better investments. And as a result, you end up being in a better position, at a more respectable job, earning more than you thought possible, and enjoying the challenge of everyday work.

    This is precisely what happened to your hosts, Mindy Jensen and Scott Trench. Both started at jobs they didn’t love, wanting to be financially free. Through hard work and skill-building, Mindy and Scott were brought together, prompting them to start the BiggerPockets Money Podcast and build a company they both love. Now financially free, Mindy and Scott refuse to retire early for a good reason.

    In this special four-hundredth episode, Mindy and Scott share their money stories, how they found the FIRE movement, what they did with their money, and why they choose to work, even though they don’t have to. If you want to know the real reason behind Scott and Mindy’s skyrocketing success, stick around because their stories are much more repeatable than you may think.


    In This Episode We Cover

    The origins of the BiggerPockets Money Podcast and how risky investing prompted a powerful podcast

    The index fund vs. individual stock-picking debate and why Mindy started to shift her portfolio

    How Mindy and Scott found the FIRE movement and how they both quickly reached financial independence

    Becoming a CEO and why Scott’s “don’t ask for a raise” philosophy paid off BIG time

    Choosing to work instead of retiring early and why a meaningful livelihood beats a relaxing early retirement

    The simple but profound moves Scott made to triple his net worth in just a few years

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Scott's Instagram

    Mindy's

    Connect with James

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    Mr. Money Mustache's article

    1,500 Days

    Breaking the Taboo of Talking About Money with Friends, Family, and Bosses

    How to Change Your Financial Life with a Money “Reset”

    Margin Loans: Low-Interest Lending or Risky Rates?

    Mindy's First Episode: Jump Starting Your Early FI Plans by Live-in Flipping

    Scott’s First Episode: An All-Out Approach to Financial Independence at an Early Age


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-400


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    50 min
  • 399: Financially Free in 10 Years by Using Real Estate the Right Way

    Want to retire early in your 30s? Early retirement may be closer than you think. With smart money moves, intelligent investments, and the ability to save more than you spend, you could trade forty-hour work weeks for full days with your family. But, before you do, you’ll need to set yourself up with some killer cash flow, so your assets can pay for your lifestyle while you sit back and enjoy ultimate time freedom.

    This is exactly what Jenny Bayless did over the past ten years. After college, Jenny was able to score a well-paying job but realized only a few months in that the “work for forty years, retire at sixty-five” plan wasn’t worth the grind. So, shestarted aggressively saving, doing whatever she could to get into her first property. From there, she stumbled upon the BRRRR strategy of real estate investing, allowing her to recycle her cash to buy more properties in far less time than it took to save up for a down payment.

    In this episode, Jenny explains precisely how this method led her to financial freedom, what FIRE-chasers in 2023 can do to retire even earlier, and why EVERYONE should have a financial exit plan, no matter how much they love their work. Jenny’s repeatable system to financial freedom through real estate isn’t as complicated as you might think, and she gives three crucial tips that, when followed, will lead to FIRE even faster!


    In This Episode We Cover

    How to retire in ten years (or less!) by using the BRRRR investing method

    Leaving your W2 and how to know it’s the right time to walk away from a paycheck

    Three tips ANYONE can follow to hit financial freedom faster 

    “Failing forward” and why those that make mistakes are the ones who get ahead

    Cash-out refinances and how to recycle your down payment funds to buy more property

    Life after FIRE and why you’re still allowed to make money even when retired early

    And So Much More!


    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Scott's Instagram

    Connect with James

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    Subscribe to The “On The Market” YouTube Channel

    Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets

    Money Moment

    Meet Scott and James at BPCon2023

    Grab The Book on “Investing in Real Estate with No (and Low) Money Down”


    Click here to check the full show notes: https://www.biggerpockets.com/blog/money-399


    Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know!

    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.

    47 min
  • 398: How to Change Your Financial Life with a Money “Reset”

    For so long, early retirement has been THE goal of those chasing financial independence. Can you imagine waking up with unlimited time, not having to work, and reporting to no one but yourself? Now imagine that day in and day out. Before long, the luster of never working gets to you, and that's because if you've achieved financial independence, the regular type of "retirement" just won't work. But what if you could restart your career, do something you REALLY cared about, or build your dream business?

    Jill Schlesinger, author of The Great Money Reset: Change Your Work, Change Your Wealth, Change Your Life, has redefined what FIRE should mean. Instead of financial independence, retire early, she's opting for financial independence, new endeavor. Now, those skills you've been building for decades can be put to good use, working how much you want, for who you want, and doing what you want.

    But what if you're not at financial independence yet? What if you're stuck feeling miserable in a job, slogging your way to retirement? Jill suggests performing a "money reset." Through a five-step system, you'll see where you stand financially, what's important to you, and how to change your life entirely so you can stop doing what you must and start doing what you love. Whether you're retired, retired early, on the path to FI, or don't know where to start, Jill's money thoughts will rock your financial world.

    In This Episode We Cover

    Why you (probably) AREN'T pursuing your dreams, and whether money is REALLY the issue

    Resetting your career and why it's a smart move to make MULTIPLE times in life

    The FINE alternative to the FIRE movement, and why working after early retirement is a blessing, not a curse

    The 'Fabulous Five" that will give you an overall picture of your financial health and money wealth 

    How to perform a "money reset" no matter what stage you're at in life (or how much money you have)

    And So Much More!

    Links from the Show

    BiggerPockets Money Facebook Group

    BiggerPockets Forums

    Finance Review Guest Onboarding

    Mindy's Twitter

    Henry's BiggerPockets Profile

    Henry's Instagram

    Listen to All Your Favorite BiggerPockets Podcasts in One Place

    Apply to Be a Guest on The Money Show

    Podcast Talent Search!

    On The Market

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    53 min

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Join Mindy Jensen and Scott Trench (from BiggerPocketsMoney.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy…

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