BiggerPockets Money Podcast

348: Finance Friday: How to Start Investing After Becoming Debt-Free

28 Oct 2022

Contributed by Lukas

Unless you’re a money nerd, knowing how to start investing from scratch isn’t as easy as it seems. With so many options out there and the eco...

347: Why “Just Keep Buying” is The Smartest, Simplest Way to Get Rich

24 Oct 2022

Contributed by Lukas

Dollar-cost averaging—you may have heard the term before, but maybe not its implications. According to Nick Maggiulli, it’s probably the easiest...

346: Finance Friday: How Sabbaticals Make You Happier, Healthier, and Wealthier

21 Oct 2022

Contributed by Lukas

Taking a sabbatical from work requires a few things: time, money, and the willpower to do some soul-searching. Most people think that they can’...

345: Divorced and $250K in Debt to Financially Free in 10 Years

17 Oct 2022

Contributed by Lukas

We know financial freedom is possible for those in their 20s and 30s, just starting their careers, without children and serious financial obligat...

344: Rethink Social Security: Myths, Benefits, and Clearing Up Misconceptions

14 Oct 2022

Contributed by Lukas

Everything you’ve been hearing about social security is a lie. For years, mainstream media and many financial figureheads have said that social se...

343: Is Now the Time to Buy as The Housing Market Starts to Dip?

10 Oct 2022

Contributed by Lukas

The 2022 housing market doesn’t make a whole lot of sense. At the start of the year, competition was fierce, with bidding wars on every home and l...

342: Finance Friday: Financially Independent, But Not Feeling “Free”

07 Oct 2022

Contributed by Lukas

Financial independence isn’t for everyone. That comes as a surprise for most of us within the personal finance community. Whether we like it or no...

341: Money with Katie’s Middle-Class Myths and The Great Roth vs. 401K Debate

03 Oct 2022

Contributed by Lukas

Katie Gatti Tassin from Money with Katie had her “financial awakening” earlier than most. She saw the middle-class wealth trap of working, sp...

340: Finance Friday: When Rental Property Investing Doesn’t Make Sense

30 Sep 2022

Contributed by Lukas

Over the past two years, short-term rental investing has become a financial lifeline for those that are trying to make extra income. A small one o...

339: From Sociology Major to Seven-Figure Agent Commissions

26 Sep 2022

Contributed by Lukas

Everyone knows that real estate agent commissions are hefty. Those who have sold a house in the past few years may look at their settlement agreemen...

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

23 Sep 2022

Contributed by Lukas

Student loan debt—the gift that keeps on giving with interest, stress, and the overwhelming feeling that you won’t be able to pay them off. The la...

337: College is NOT for EVERYONE: Joining the Military & Become Financially Free

19 Sep 2022

Contributed by Lukas

College isn’t the only option after high school. In fact, it’s not even the best option. Typically, twenty-two-year-olds fresh out of college are...

336: Finance Friday: Six-Figure Passive Income in Just 4 Years!

16 Sep 2022

Contributed by Lukas

Becoming a millionaire by 30 is almost every 20-or-something-year-old’s dream. But what if you want to go even further? Instead of seven-figure net...

335: The (Almost) Guaranteed Way to 31x Your Investments

12 Sep 2022

Contributed by Lukas

What do timing the market and a circle have in common? There’s no point, literally and figuratively. Some people would like to have you think the...

334: Finance Friday: The 5 Questions to Ask if You Want to Fast-Track FI

09 Sep 2022

Contributed by Lukas

If someone told you that financial freedom could be achieved by traveling the world, you probably wouldn’t believe them. How can going on a work v...

333: From Broke at 40 to FI at 50 While Raising 4 Kids

05 Sep 2022

Contributed by Lukas

In the early retirement movement, becoming a millionaire is a crucial part of the financial path. While everyone has different spending habits, th...

332: Handling Finances as a Couple: Individual, Combined, or a Bit Of Both?

02 Sep 2022

Contributed by Lukas

Having shared finances, for most couples, is an automatic thing to do once married or after being together for many years. It seems natural to want to...

331: From Food Stamps to Six-Figure Flips and Debt-Free On a Teacher’s Salary

29 Aug 2022

Contributed by Lukas

How would a six-figure side hustle change your financial picture? Think of the possibilities—being able to travel, becoming debt-free, or even bu...

330: The Ultimate Teen Money Hack for Parents

26 Aug 2022

Contributed by Lukas

You’ve heard of money hacks before, but probably not like this. For the teenagers and parents of teenagers listening, this episode will give you...

329: From Extreme Poverty to DIY Wealth and 2 Full-Time Incomes w/The She Wolfe of Wall Street

22 Aug 2022

Contributed by Lukas

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 ...

328: The Best Alternative Investment No One Knows About w/Alex Breshears and Beth Johnson

19 Aug 2022

Contributed by Lukas

For average investors, private money lending has been mentally squared away as “something mega-wealthy people do.” Most investors will write off...

327: Why the Stock Market Should NOT Scare You (Even As It Crashes) w/Brian Feroldi

15 Aug 2022

Contributed by Lukas

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 ma...

326: Finance Friday: Still Feeling "Money Anxious" After Hitting FI

12 Aug 2022

Contributed by Lukas

The path to financial freedom is different for everyone. Some invest in stocks, others flip houses, but one couple breeds rats, trains horses, an...

325: How to Buy Yourself a 6-Figure Income Stream

08 Aug 2022

Contributed by Lukas

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...

324: Finance Friday: Why Even Millionaires Still Have to Budget

05 Aug 2022

Contributed by Lukas

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”...

323: Coast FI: The Calculated Way to Retire Early WITHOUT Giving Up What You Love w/Jessica from The Fioneers

01 Aug 2022

Contributed by Lukas

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 co...

322: Finance Friday: Living Paycheck-to-Paycheck with 9 Rental Properties

29 Jul 2022

Contributed by Lukas

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 lit...

321: From Spending Six-Figures a Year to Saving 80% of His Income

25 Jul 2022

Contributed by Lukas

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...

320: Finance Friday: How to Invest When the 20-Year Grind Pays Off

22 Jul 2022

Contributed by Lukas

Retirement strategies range from simple index fund investing all the way to full-on real estate development deals. What works for some investors...

319: The “Deathbed Toolkit” That Makes Building Wealth Much More Enjoyable

18 Jul 2022

Contributed by Lukas

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 fin...

318: Finance Friday: The Median Earner’s Guide to Fast-Tracking FI

15 Jul 2022

Contributed by Lukas

The “semi-retired” lifestyle seems to go against everything early retirement chasers have been taught. For years, it’s been pushed into our b...

317: Early Retirement by 30 with $20K/Month in (Actually) Passive Income

11 Jul 2022

Contributed by Lukas

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...

316: Spending Categories to Cut During a Downturn | Mindy & Carl’s Budget Review

08 Jul 2022

Contributed by Lukas

When building your budget, do you have a line designated for “economic downturn” or “high inflation?” Probably not. Many financial freaks l...

315: From 400 Credit Score to Making $17,000/Month in Passive Income

04 Jul 2022

Contributed by Lukas

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 f...

314: Finance Friday: How to Get to Early Retirement Even Faster

01 Jul 2022

Contributed by Lukas

Those searching how to retire early usually come away with one conclusion—you have to make much, much more money. Most financial independence p...

313: The “Perfect” Investment Portfolio for Early Retirement w/Ask The Money Coach

27 Jun 2022

Contributed by Lukas

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 ou...

312: Buy Now, Pay Later: Consumer Convenience or Predatory Pricing Scheme?

24 Jun 2022

Contributed by Lukas

“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 fr...

311: How to Create Financial Security (From Scratch!) and Become “Set for Life”

20 Jun 2022

Contributed by Lukas

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 liv...

310: Finance Friday: Sell (Don’t Rent) Your Primary Residence When You Move Out

17 Jun 2022

Contributed by Lukas

Retirement investing is a crucial part of planning for financial freedom. While early retirement is a status that almost everyone would love to ach...

309: Bonds: The Perfect Inflation Hedge (with One BIG Caveat)

13 Jun 2022

Contributed by Lukas

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 horiz...

308: Why You Can’t Stop Overspending | Mindy & Carl’s Budget Review

10 Jun 2022

Contributed by Lukas

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 ...

307: The 4 Steps to Financial Freedom and Debt-Free Wealth

06 Jun 2022

Contributed by Lukas

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....

306: Finance Friday: Self-Employed Income and Short-Term Rental Investing

03 Jun 2022

Contributed by Lukas

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 ...

305: What to Do Before You Quit the High-Pay & Benefits of Corporate World

30 May 2022

Contributed by Lukas

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 no...

304: Finance Friday: The Fastest Way to Pay Off $300k in Student Debt

27 May 2022

Contributed by Lukas

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 forbearanc...

303: The Secret Steps to Getting Qualified for the Best Mortgage Possible

23 May 2022

Contributed by Lukas

You may have seen mortgage tips posted throughout the forums or in the BiggerPockets Money Facebook Group, but rarely do you get preapproval tips ...

302: Finance Friday: Can I Live in Flip My Way to FI at 55 Years Old?

20 May 2022

Contributed by Lukas

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 c...

301: Why You’re (Probably) Wrong About Prenups

16 May 2022

Contributed by Lukas

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’...

300: Finance Friday: How to Avoid the “Middle Class Trap” When Building Wealth

13 May 2022

Contributed by Lukas

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...

299: Food Spending Eating Away at Your FI Plans? Here's How to Eat for Cheap

09 May 2022

Contributed by Lukas

Budget meals, cheap eats, and deliciously discounted recipes are all in this episode of the BiggerPockets Money Podcast. As many of you financial ...

298: The April Stock Market Slump | Mindy & Carl’s Budget Review

06 May 2022

Contributed by Lukas

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 ...

297: How to Find Free Money to Finance Your Education & Avoid Extensive Student Debt w/Robert Farrington

02 May 2022

Contributed by Lukas

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,...

296: Finance Friday: How Do I Get Out Of This Cash Flow Crisis?

29 Apr 2022

Contributed by Lukas

Everyone has experienced negative cash flow. If you have a troublesome rental property, you may experience negative cash flow. If you have a low incom...

295: Fueling Early Retirement at 36 with Just 4 Rental Properties w/Antoinette Munroe

25 Apr 2022

Contributed by Lukas

Early retirement was a goal for today’s guest, Antoinette Munroe, the moment she started making money. Her money journey started in second grade whe...

294: Finance Friday: Stable Index Funds or Cash-Flow-Reliable Rentals?

22 Apr 2022

Contributed by Lukas

Index funds and rental properties are at opposite ends of the investing spectrum. On one side, you have highly diversified, almost entirely passive in...

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

18 Apr 2022

Contributed by Lukas

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...

292: Mindy & Carl’s Spending Summary: March Money Madness Edition

15 Apr 2022

Contributed by Lukas

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 upfron...

291: Turning eBay Profits into Cash-Flowing Rentals w/The Frugal Gay

11 Apr 2022

Contributed by Lukas

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 disc...

290: Finance FAQs: Renting vs. Buying, How to Pay Off Debt, & Creative Real Estate Closings

08 Apr 2022

Contributed by Lukas

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’...

289: How to Retire in 3 Years (After MANY Mistakes) with Real Estate w/Hugh Carnahan

04 Apr 2022

Contributed by Lukas

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 ...

288: Finance Friday: Am I Investing Fast Enough to Retire Early in Portugal?

01 Apr 2022

Contributed by Lukas

Passive income is a must, especially if you’re trading your life in America to start living in Portugal. Why Portugal? Besides the climate, coastlin...

287: How to Ask for a Raise (and Actually Get It!) w/Kassandra Dasent

28 Mar 2022

Contributed by Lukas

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...

286: Finance Friday: Building Your Financial Runway Even with Irregular Income w/ Eric Dunn

25 Mar 2022

Contributed by Lukas

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,...

285: The Difficult Path to Wealth: Losing Money on Your First Real Estate Deal w/ JL Collins

21 Mar 2022

Contributed by Lukas

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 f...

284: Carl and Mindy’s Spending Summary: Why We Went $1,000 Over Budget…Again

18 Mar 2022

Contributed by Lukas

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 m...

283: 8+ Income Streams as a Single Mom and Money Master w/ Tiffany Grant

14 Mar 2022

Contributed by Lukas

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 yo...

282: Finance Friday: Got a Late Start? Here’s How to Ramp Up Your Passive Income

11 Mar 2022

Contributed by Lukas

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 ...

281: Former Fed President Warns Easy Money Will Bring Big Consequences for Investors w/ Tom Hoenig

07 Mar 2022

Contributed by Lukas

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’...

280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate

04 Mar 2022

Contributed by Lukas

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 r...

279: Digital Nomad-ing and Answering All Your FIRE Healthcare Questions w/Amy & Tim from GoWithLess

28 Feb 2022

Contributed by Lukas

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 wi...

278: Finance Friday: How to Quell Your Money Anxiety (Even as a High Earner!)

25 Feb 2022

Contributed by Lukas

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 expen...

277: Fighting the “Hustle Culture” That Ruins The Joy of Financial Independence w/ Pete McPherson

21 Feb 2022

Contributed by Lukas

“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...

276: Carl and Mindy’s Spending Summary: Why Did We Go So Over Budget in January?

18 Feb 2022

Contributed by Lukas

Emergency funds, frugal experiments, free photons, and “thoughtful spending” were just a few things that came to light during Carl and Mindy Jense...

275: The Most Common (and Rarely Discussed) Money Mishaps w/ David Pere

14 Feb 2022

Contributed by Lukas

Lifestyle creep, budget hesitancy, and cash scarcity are problems you’d likely hear from someone just getting into the realm of financial independen...

274: Finance Friday: What’s The Best Way to Buy Rentals—Partnerships or Solo?

11 Feb 2022

Contributed by Lukas

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 ev...

273: Breaking Down Barriers: From Homelessness to Renowned Surgeon w/Dr. David L. Rhoiney

07 Feb 2022

Contributed by Lukas

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 unf...

272: Finance Friday: Should You Pay Off Your Mortgage Early or Invest?

04 Feb 2022

Contributed by Lukas

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...

271: The 4 Rules of Managing Your Money w/Jesse Mecham from YNAB

31 Jan 2022

Contributed by Lukas

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...

270: Finance Friday: How to Achieve “Financial Flexibility” on a $65K/Year Salary

28 Jan 2022

Contributed by Lukas

Financial flexibility is one of the hidden stages along the path to financial independence. When you hit financial flexibility, you have far more choi...

269: From Filing Bankruptcy to $1.4 Million in Income Producing Assets

24 Jan 2022

Contributed by Lukas

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 proble...

268: Finance Friday: Why You Should Focus on ‘Hitting Singles’ for Early Retirement

21 Jan 2022

Contributed by Lukas

Expats and rental portfolios go together like peanut butter and jelly. It’s no surprise that a fair amount of retired globetrotters owe their freedo...

267: Student Loans Update: Repayment, Refinancing, and Potential Forgiveness w/Robert Farrington

17 Jan 2022

Contributed by Lukas

Student loan forgiveness was a hot topic during the 2020 election cycle. With so many outstanding student loan payments, will the government step in t...

266: Finance Friday: How to Pay Off Bad Debt + When Is Life Insurance Worth It?

14 Jan 2022

Contributed by Lukas

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 ...

Protecting Your Home (and Wealth!) When a Natural Disaster Strikes w/ Steve Longenecker (Bonus Episode)

12 Jan 2022

Contributed by Lukas

Home insurance isn’t the sexiest topic, but in the world of financial independence, predictability is quite an attractive trait to have. That’s wh...

265: Death and Finances: What to Do (Before and) After A Loved One Passes w/ Allison Nichol Longtin

10 Jan 2022

Contributed by Lukas

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 ...

264: Finance Friday: Passive Income, Syndications, Real Estate, and Retirement

07 Jan 2022

Contributed by Lukas

“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...

263: Becoming Debt-Free and Generating $320,000/Year from Simple Side Hustles w/Jannese Torres-Rodriguez

03 Jan 2022

Contributed by Lukas

Most people assume wealth is built from a singular source, but the most successful people have multiple streams of income. 2020 was the year of the si...

262: Prenups, Projects, Prolific Spending, and Planning for 2022 w/ Carl & Mindy Jensen

31 Dec 2021

Contributed by Lukas

Mindy may seem like a financial superhero to most listeners of the Money Podcast, but she’s nothing without her financial education inspiring partne...

261: Stop Taking Money So Seriously w/ Joe Saul-Sehy & Emily Guy Birken

27 Dec 2021

Contributed by Lukas

Building wealth takes decades with some serious hard work and many, many mistakes along the way. The problem? Most financial independence chasers see ...

260: Finance Friday: How to Hit $10M Net Worth in 10 Years (Or Less)

24 Dec 2021

Contributed by Lukas

Stocks vs. real estate is a regular feud among many financially savvy forums on the internet. While some investors love the passive aspect of stocks, ...

259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus

20 Dec 2021

Contributed by Lukas

If you need pension funds explained, there’s no better person to talk to than the internet’s leading voice on all things pensions and retirement, ...

258: Finance Friday: Are “High Cash Flow” Rentals Still Realistic in 2022?

17 Dec 2021

Contributed by Lukas

A common debate in real estate is cash flow vs. appreciation. While some investors rely on their rental property income to reach FI, others argue that...

257: 20 Year-Old Minimum Wage Marine with $850k in Real Estate

13 Dec 2021

Contributed by Lukas

We have a lot of impressive guests on the show, and they just seem to get younger with every new episode. You’ve heard the stories of people in thei...

256: Finance Friday: Financial Independence in 5 Years w/ Short-Term Rentals

10 Dec 2021

Contributed by Lukas

There are many ways to fund your nest egg. You could outright save, or you could invest in index funds, rental properties, or short-term rentals like ...

255: Escaping The Rat Race Before Your First Job w/ Dan Sheeks

06 Dec 2021

Contributed by Lukas

If you’ve been in the FI community for years, you know the ins and outs of retirement planning, index fund investing, house hacking, and every other...

254: Finance Follow-Ups: When to Scale Up (or Down) Your Real Estate Portfolio

03 Dec 2021

Contributed by Lukas

We’re back with another Finance Friday Follow-Up! This week, we talk to two past guests and review three life updates. Fabio from episode 174, Clayt...

253: 7-Figure Net Worth on a Middle-Class Salary w/ Adam Zaleski

29 Nov 2021

Contributed by Lukas

On the last day of a semester in college, Adam Zaleski’s geology professor dropped a bomb on his class: the professor was worth a staggering $10,000...

252: Finance Friday: Self-Employed Revenue, Health Insurance, and Hiring

26 Nov 2021

Contributed by Lukas

It takes a leap of faith to leave a W2 job and wander through the hills and valleys of self-employment. With the right skill set, time management, and...

251: Is College Worth the Cost? This 30,000 Variable Study Says "Sometimes..."

22 Nov 2021

Contributed by Lukas

Is college worth it? For the first time in history, we may have a definitive answer to whether or not your specific degree and school choice provides ...

250: Finance Friday: Laying a Strong Financial Foundation in Only a Few Years

19 Nov 2021

Contributed by Lukas

Everyone knows that tech salaries tend to be on the higher end. In tech, you could be working as an engineer, programmer, or statistician, like today’...