BiggerPockets Money Podcast

How to Track Your Path to FI in 2026 (Step-by-Step Guide)


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Ready to take control of your finances in 2026? Mindy Jensen and Scott Trench are breaking down one of the most powerful tools for financial success: the personal financial statement. Think of it as your complete financial snapshot—tracking your net worth, cash flow, assets, and liabilities all in one place. The best part? They're giving you a free comprehensive spreadsheet to make it ridiculously easy.

This Episode Covers:

  • What a personal financial statement is and why it's essential for reaching your 2026 FI goals
  • How to calculate your net worth and track it over time
  • Step-by-step instructions for filling out your financial statement spreadsheet
  • Organizing your assets and liabilities in one powerful location
  • Using cash flow analysis to understand where your money goes
  • Tips for serious financial planning with your completed statement
  • Access to the free comprehensive spreadsheet template at BiggerPocketsMoney.com/resources
  • Mindy and Scott's recommended budgeting software, Monarch Money (use code 'Pockets' for 50% off Your First Year)
  • Whether you're just starting out or ready to level up your money game, this episode gives you the foundation you need.

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