BiggerPockets Money Podcast

By BiggerPockets

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What's BiggerPockets Money Podcast about?

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.

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312: Buy Now, Pay Later: Co...

06.24.2022

“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 store, a little prompt asks you if you want to ...

BiggerPockets Money Podcast episodes:

06.24.2022 312: 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 store, a little prompt asks you if you want to ...
06.20.2022 311: 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 you deserve. Today’s guest, Joe Bussey, took control of his life once he decided to pay ...
06.17.2022 310: 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 second-best thing is standard retirement, where you can use your smart investments to make the ...
06.13.2022 309: 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 investments, bonds have made perfect sense. With a guaranteed return, there isn’t a lot ...
06.10.2022 308: 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 Americans, credit card debt, exuberant living, and buying more than what they need ...
06.06.2022 307: 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 you fit an entire week’s worth of work into ...
06.03.2022 306: 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 finance your way to owning a rental property, but ...
05.30.2022 305: 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 retirement age just yet, odds are you have a side hustle or even ...
05.27.2022 304: 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 other, some debtors are choosing to take advantage of the zero-percent interest ...
05.23.2022 303: 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 a lender themselves. As the housing market stays hot and interest rates continue to ...
05.20.2022 302: 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 an eternity away. Those who retire early and find financial freedom tend to ...
05.16.2022 301: 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 for a future divorce. But, in reality, it could be the thing ...
05.13.2022 300: 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 eating out. Today, we’re talking about a far less known type of middle-class trap, the type ...
05.09.2022 299: 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 chasers know, one of the biggest monthly expenses on your budget tends to be food costs. ...
05.06.2022 298: 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 this current correction or “dip” we’re riding has got some early retirement and ...
05.02.2022 297: 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 honest answer is sometimes. Today’s guest, Robert Farrington, the College Investor, ...
04.29.2022 296: 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 appetite for expensive eateries, you may also experience negative cash flow. But, more ...
04.25.2022 295: 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 her Halloween candy for extra cash. By high school, she graduated to selling a ...
04.22.2022 294: 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 funds. On the other, you have cash-flowing, yet far more hands-on, rental properties. Both of these ...
04.18.2022 293: 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 as a financially savvy move to open you up to higher pay, ...
04.15.2022 292: 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 their financial situations. When they learned about the FIRE movement, they knew ...
04.11.2022 291: 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. Maybe your favorite pair of jeans from a nationwide chain suddenly disappeared. For eBay ...
04.08.2022 290: 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, we’re here with a new segment where Scott and Mindy take your ...
04.04.2022 289: 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 your monthly expenses (lean FI). Those people probably aren’t thinking as ...
04.01.2022 288: 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 comfortable cost of living, Portugal allows today’s guest, Brandy, to live abroad with a passive ...
03.28.2022 287: 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 walking up to your boss, asking for more money, ...
03.25.2022 286: 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 you budget, invest, or plan? Some months you’ll make a killing, while other months ...
03.21.2022 285: 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 foundational path that investors can follow to secure financial freedom simply, easily, ...
03.18.2022 284: 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, Carl and Mindy didn’t have the easiest time sticking to their March budget. With rising food, ...
03.14.2022 283: 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. While most people simply rely on one stream of income, their W2, others ...
03.11.2022 282: 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 the road to financial independence. But what if you got ...
03.07.2022 281: 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 adjusting for inflation when you do these calculations. But what happens when ...
03.04.2022 280: 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 estate investing. Some strategies take dramatically more time and effort ...
02.28.2022 279: 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 USA, you have a couple of options for healthcare—make a low enough income ...
02.25.2022 278: 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 tee. But there’s no need to be so hard on ...
02.21.2022 277: 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 stressful job around. You can handle it, you’re making money, putting ...
02.18.2022 276: 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 2022 budget recap. If you didn’t know already, Mindy has been publicly tracking her expenses and ...
02.14.2022 275: 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 independence/literacy. But, funnily enough, these wealth woes aren’t coming from newbies—they’re coming from two asset-stacking veterans, Mindy Jensen and ...
02.11.2022 274: 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 or so can slowly, but surely, build a strong foundation for financial ...
02.07.2022 273: 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 circumstances have placed you in. But sometimes, through sheer willpower ...
02.04.2022 272: 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 about one or the other. With a paid-off mortgage, you’re less in debt, with more ...
01.31.2022 271: 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 ground-breaking software, allowing money masters and novices alike to easily track their money and plan for a ...
01.28.2022 270: 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 you did before. You can invest more, spend more, save more, and work less if ...
01.24.2022 269: From Filing Bankruptcy to $1.4 Million in Income Producing Assets Today’s guest, Jennifer Grimson, is a prime example that every problem has a solution. Jennifer has always been a hard worker so she had no problem working through college as she aspired to be a foreign service officer, but her ...
01.21.2022 268: Finance Friday: Why You Should Focus on ‘Hitting Singles’ for Early Retirement Expats and rental portfolios go together like peanut butter and jelly. It’s no surprise that a fair amount of retired globetrotters owe their freedom to real estate investing. While many real estate investors are looking to retire themselves and their ...
01.17.2022 267: Student Loans Update: Repayment, Refinancing, and Potential Forgiveness w/Robert Farrington Student loan forgiveness was a hot topic during the 2020 election cycle. With so many outstanding student loan payments, will the government step in to wipe out the debt? While many theorize about this, Robert Farrington takes the opposite angle, ...
01.14.2022 266: Finance Friday: How to Pay Off Bad Debt + When Is Life Insurance Worth It? Bad debt is more common than it seems. Many people you know have a car loan, personal loan, credit card loan, or some other form of high(er) interest debt. If you find yourself with bad debt, the first thing to ...
01.12.2022 Protecting Your Home (and Wealth!) When a Natural Disaster Strikes w/ Steve Longenecker (Bonus Episode) Home insurance isn’t the sexiest topic, but in the world of financial independence, predictability is quite an attractive trait to have. That’s why money nerds across the world value insurance as a natural hedge against catastrophic wealth-ending disasters. Whether you’re ...
01.10.2022 265: Death and Finances: What to Do (Before and) After A Loved One Passes w/ Allison Nichol Longtin Death and finances can arguably be called the two things that people hate talking about most. Unfortunately, these are two topics that cannot be kept in the dark, as we all must deal with loss, both emotionally and financially over ...
01.07.2022 264: Finance Friday: Passive Income, Syndications, Real Estate, and Retirement “Can I retire yet?” If you’re today’s guest Jenn, then the short answer is a resounding “yes”. And if you aren’t Jenn, you’ll probably want to be in her position upon retirement. Jenn has a lot of income options: a ...

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