Channel Title: BiggerPockets Money Channel Description: Want to say "goodbye" to debt, reach financial freedom, and retire early? Welcome to BiggerPockets Money! Every week, we interview those who have achieved or are on their way to achieving financial freedom. From debt-ridden credit card consumers looking for advice to late starters building wealth in their 50s and 60s, we talk to anyone and everyone who's on a personal finance journey so YOU can learn from their lessons and make money work for you. Tune in on Tuesdays, where we interview thought leaders in the personal finance space and investors who used ingenious strategies to retire early. Then, on Finance Fridays, we answer money questions from listeners struggling to find financial footing or needing help figuring out what to do next on their journey to FIRE! Don't know where to start? Click the link below! <video> The Mad Fientist on Early Retirement in Your 40s and 4% Rule Updates Description: Episode #592 Try Baselane, the One Platform for All Your Property Banking & Finances: https://www.baselane.com/lp/bigger-pockets?utm_source=partner_biggerpockets&utm_medium=Social&utm_campaign=bp_social_youtube Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to Early Retirement Faster with "Set for Life": https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders BiggerPockets Money 18 - Accessing Retirement Funds Before Age 59½ with The Mad Fientist: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-18-accessing-retirement-funds-mad-fientist?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none If you want to retire early, the Mad Fientist is your guide. For over a decade, Brandon, more commonly known as the “Mad Fientist,” has been running simulations, experiments, and exercises to discover which road to early retirement is the fastest. Now, in his forties, Brandon has time to reflect on what worked, what didn’t, and his regrets on the sprint to early retirement and financial freedom. And he’s also got a new update that’ll make your early retirement journey smoother. After tinkering with the beloved and rarely challenged 4% rule, Brandon decided it was time to sit down and calculate how much you really need to retire early. For decades, financial freedom chasers have been breaking their backs, trying to have as much stashed away as possible to enjoy their well-earned time off from work. But, it turns out that this number might be overinflated, and you can retire with much less than you think. That means your early retirement timeline just got a LOT shorter. In this episode, Brandon will describe why the 4% rule may be a bit too rigid, how to ensure you’ll have enough during early retirement, what to do during a market crash or correction, and why spending thousands of dollars on a coffee machine isn’t such a bad idea. If you want to maximize enjoyment in early retirement, instead of building a big bank account you probably won’t use, stick around! 00:00 Intro 05:06 Money Moment 05:56 A LOT Has Changed 08:54 The New 4% Rule 25:57 What to Do During a Crash 37:19 Early Retirement Rules of Thumb 42:19 The Skill of Spending 58:45 Connect with Brandon! 01:00:04 Crossing The 4% Rule Hurdle </video> <video> Do I Have Enough to Retire Early? Find Out with This FIRE Calculator Description: Episode #597 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to FIRE Faster with Scott’s Book “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How Much Do You Need for Early Retirement? (How to Calculate Your FI Number): https://www.biggerpockets.com/blog/money-570?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none “Do I have enough to retire?” is a question most people in the FIRE community grapple with, but today, we’re sharing a FREE tool that will help you put this issue to bed! If you’re concerned about running out of money later in life or developing "One More Year Syndrome," you won’t want to miss this episode! Welcome back to the “BiggerPockets Money” podcast! Software engineer Lauren Boland has developed a FIRE calculator that predicts whether your nest egg will be able to support you in retirement. This powerful tool takes dozens of key data points—such as your financial independence number, retirement age, annual expenses, portfolio mix, and historical returns—to simulate multiple retirement scenarios. In this episode, Lauren, Scott, and Mindy are going to walk you through this powerful tool, step-by-step! Does the four-percent rule still work in 2025? How much do you really need to save for retirement? Whether you’re just starting your quest for FIRE or looking to tweak your investment portfolio as you approach retirement, cFIREsim will show you where you stand and what you might need to adjust to meet your retirement goals! 00:00 Intro 02:05 Lauren’s Money Story 06:20 How to Use cFIREsim 13:07 Entering the Basics 22:25 Retirement Success Rates 27:42 Adding Adjustments 33:52 Tweaking Your Portfolio Mix 38:56 Real Estate Income 46:42 How to Read Your Results 49:12 Connect with Lauren! </video> <video> Why We Are Reallocating (Away From Stocks) to Real Estate in 2025 Description: Episode #599 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab Scott’s Book, “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch The Rational Investor’s Case Against Bitcoin: https://www.biggerpockets.com/blog/why-you-should-reject-bitcoin?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Is it a good time to invest in real estate? Yes, and we have proof that real estate may be underpriced, even as we hover around the most expensive average home prices in history. How can real estate be undervalued when prices are at historic highs? Dave is sitting down with Scott Trench, CEO of BiggerPockets, who has condensed ten hours' worth of research into one episode to prove to you that, without a doubt, real estate will be winning over the next few years. Plus, he’s about to make a BIG financial bet on it. We’ve been talking a lot about entering the “upside” era recently—the new cycle of real estate investing—and wanted Scott’s take on it, too. He has invested in real estate for over a decade, reached financial independence through rental properties, and has been openly critical about multiple sectors of the real estate industry over the past few years. Today, Scott makes a compelling case for real estate as a better investment than stocks, crypto, or gold. Some specific real estate niches could see prices drop even more, making 2025 (and 2026) phenomenal opportunities to buy. Make your choice: tune into this episode and build wealth while others sit on the sidelines or wish you had done so in a few years. FRED® Graphs Federal Reserve Bank of St. Louis. 2025. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/ 00:00 Intro 02:08 Has Real Estate Bottomed? 06:06 2025 Rent Growth 16:08 Interest Rates Will Be… 20:53 Should We Be Worried? 31:05 Buy Gold? Keep Cash? 34:48 Multifamily Prices to Drop More? 38:41 BIG Buying Opportunity? 41:57 What to Watch in 2025 </video> <video> Start Saying “NO” in 2025 (We Wish We Did) | Living the FI Life Description: Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to FIRE Faster with the Book, “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Property Manager Finder: https://biggerpockets.com/findapm You Need to Start Learning How to Say “No” to Opportunities: https://www.biggerpockets.com/blog/learn-how-to-say-no-to-opportunities?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Carl: https://www.biggerpockets.com/users/carljensen?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Even though we’re happily Living the FI Life (financially independent!), we’ve decided to make a BIG change this year. While we don’t have regrets from the last year, 2024 was a wake-up call that we may be doing too much, spending on things and experiences that make our lives a little too busy. We used to dream about doing what we did in 2024 before we were financially independent, but now, we’re starting to think it’s a bit overrated. What are we saying a big fat “NO!” to in 2025? We’ll tell you. We’re reviewing our 2024, the wild amount of spending we did, the investments that went from duds to killer deals, and one huge pivot we’re making with a property we purchased a couple of years ago. These changes will (hopefully) help us slow down during our FIRE lifestyle and allow us to enjoy financial freedom (which might be what you’re after!). We’re sharing exactly what we would have done differently in 2024 so you don’t make the same mistake in 2025! </video> <video> Chasing Financial "Stability" After $100K+ in Debt and Layoffs Description: Episode #593 Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate: https://www.biggerpockets.com/connectinvest Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get Your Finances in Order with “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How to Pay Off Credit Card Debt FAST: https://www.biggerpockets.com/blog/money-488?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Got debt to pay off? You might relate to Leo, a personal finance journalist who’s focused on financial stability over FIRE—at least for now. With six figures in student loans and credit card debt, Leo found themselves in a tough spot after being laid off with no safety net. Determined never to end up in that position again, they began chipping away at their debt, working toward financial peace of mind instead of a relentless grind to early retirement. Leo shares why their approach to financial freedom is different. While they don’t want to wait until sixty-five to retire, they’ve crafted a “wealth plan” that balances paying off debt, building a safety net, and creating a better life today. In this episode, Leo dives deep into budgeting tips, debt repayment strategies, and the unique financial challenges faced by LGBTQ+ individuals. Tired of the all-out grind to FIRE and want “financial stability” instead? Leo has just what you need! 00:00 Intro 03:41 Serious Credit Card Debt 06:26 Feeling Financial Shame? 08:40 Paying Down Six-Figure 10:33 Wealth "Planning" 13:37 Budgeting Their Debt Payoff 15:52 Financial Stability Over Independence 20:06 Does FIRE Change You? 22:10 Best FIRE Advice? 26:23 Connect with Leo! </video> <video> If I Quit My Job (in My 30s!), Can I Still Reach FI by 45? Description: Episode #589 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Buy Scott’s Book “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 395 – Finance Friday: House Hacking, Side Hustles, and the Path to FI by 45 w/Alex Preziosi: https://www.biggerpockets.com/blog/money-395?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Alex: https://www.biggerpockets.com/users/alexandrap6?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Alex Preziosi wants to reach financial independence by the age of forty-five, and with several hundred thousand dollars in retirement accounts, brokerage accounts, and savings, she’s on pace to do just that. But now, she’s thinking about quitting her W2 job. Can she still hit her FI goal? Today’s guest has good problems, but problems, nonetheless! Welcome back to the “BiggerPockets Money” podcast! Since we last spoke with Alex, she has made two major leaps on her journey to financial independence. First, she has taken up house hacking, which pays for most of her mortgage in an expensive area of the US. But that’s not all. She has also grown her side hustle as a real estate agent into a full-fledged business, where she now earns more than she does at her W2 job! These moves have only widened the gap between her income and her expenses, and, as a result, she’s sitting on an even bigger pile of cash. Now, Alex finds herself at yet another crossroads. Is her W2 holding her back? Should she pursue full-time entrepreneurship while she has such a strong cash position? Stay tuned as we dive into the numbers and try to figure out Alex’s best path to FI by forty-five! 00:00 Intro 01:14 Alex’s Money Journey 04:26 House Hacking Numbers 08:01 Money Snapshot 14:24 Leaving Her W2? 23:30 Buying More Rentals 29:57 Alex’s Investing Strategy 36:13 HUGE Cash Position 43:21 Connect with Alex! 44:57 “Unlock” Your Potential! </video> <video> The Money Date: What Couples Should (& Shouldn't) Do to Align Finances Description: Episode #594 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get Your Finances in Check with "Set for Life": https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-243-ramit-sethi?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Calling all couples! You and your partner may be on the same page financially or off in two different directions; regardless of where you’re at, it’s a great time to start having money dates! In this episode, Mindy and Scott are going solo, talking through why money dates are such a crucial part of any healthy relationship. This isn’t just talk, both Mindy and Scott are adamant about money dates, they do them often with their partners as well! If you’re an individual listening to this episode, you may feel a bit intimidated by the concept of a money date. Do you just sit down and talk about index funds and taxes for an hour? No! A money date can be a perfect time to be alone as a couple, talk about the future, make some positive changes, and hold each other accountable for being the best version of yourselves. If you have a partner who may be a bit averse to the concept of a money date, have no fear. Mindy and Scott have perfected their plan for setting up a successful money date and how to make it enjoyable when you’re in it. With the new year coming up very soon, this is the perfect time to plan a money date with your special someone. You won’t regret it! </video> <video> I Made $10K in 100 Days with These Work-From-Home Side Hustles Description: Episode #595 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Reach FIRE Faster with Scott’s Book, “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 470 - Make an Extra $100/Day with These Work-From-Home Side Hustles w/Jackie Mitchell: https://www.biggerpockets.com/blog/money-470?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Want to know how to make $100 a day in 2025, all while working from home? We brought the queen of side hustles, Jackie Mitchell, back on the show to share how her money-making journey has been going. Jackie set a goal to make $100 a day to save up for a down payment. She did just that, making close to $11,000 in total in her one-hundred-day side hustling stretch. Now, she’s bought a house, still side hustling, and saving a TON of money. How’s she doing it? Jackie reveals the easiest and most profitable side hustles from her $100-a-day challenge. Some side hustles made her $500 for just three hours of work, while other more casual tasks paid her anywhere from twenty to twenty-five dollars per hour while she was hanging out at home. But what has she done with that extra money? Today, Jackie shares the huge money moves she’s made to put herself in a FIRE position early on in life. She’s got a big goal: pay off her new house in her thirties! Can she do it? With these side hustles, it’s looking likely. Plus, she shares how she pays for trips, holiday gifts, and more with her easy work-from-home side hustles anyone can sign up for. 00:00 Intro 02:15 Making an Extra $100/Day 04:46 Side Hustle Taxes 06:04 Highest-Paying Side Hustle? 09:21 Spending Side Hustle Money 12:05 Paying Off Her House Early 15:05 Saving on Groceries 21:00 Pay Off Mortgage vs. Invest 28:18 Don’t Retire Early? 30:42 Finding Your Side Hustle 32:41 Connect with Jackie! 33:47 Get Your Side Hustle! </video> <video> Ramit Sethi: How to See Eye-to-Eye on Money with Your Partner Description: Episode #596 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab Scott and Mindy’s Book, “First-Time Home Buyer”: https://store.biggerpockets.com/products/first-time-home-buyer?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 243 - Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-243-ramit-sethi?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Ramit Sethi, the money and couples’ finances expert, is back! This time, he’s teaching you how to have life-changing money conversations with your partner so you can build a “rich life” together and even FIRE faster! You may know Ramit from his popular book, "I Will Teach You to Be Rich," or his Netflix series "How to Get Rich," but today, he’s sharing brand new insights, techniques, and lessons from his newest book, "Money for Couples"! If you’re a FIRE freak like us, you may have a partner who’s having a tough time getting on the same financial page as you. You see their eyes glaze over as you pull up spreadsheets, talking about compound interest and the savings from switching to non-organic broccoli. We’re sure it’s well-intentioned, but this could be doing more harm than help. If you want to enjoy getting “rich” with your partner, have more time to do the things you love, and build your wealth as a partnership instead of constantly persuading your other half, this is the episode to catch! Ramit shares his “script” for having crucial money conversations, diagnoses which “money type” you fall into, and gives the steps to escape the “Middle-Class Trap”! 00:00 Intro 01:01 Ramit is Back! 03:49 The Money Conversation "Script" 9:50 What Couples Should Do 12:28 Your Money "Type" 19:06 Hard Money Talks 24:32 Do You Do This? 30:17 Escaping the "Middle Class Trap" 42:43 Most People DON'T Know This! 46:29 Renting vs. Buying a House 59:52 STOP Caring What Others Think 1:03:07 Grab Ramit's Book! </video> <video> $0 to $1,000,000 and FI in Her 40s After a BIG Wake-Up Call Description: Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to FIRE Faster with “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch The Beginner’s Guide to Investing (Start with Just $100!): https://www.biggerpockets.com/blog/money-438?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Christine: https://www.biggerpockets.com/users/compoundingrei?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Christine Wong went from under $1,000 in her bank account to over a million dollar net worth in less than a decade. She grew up with limited financial education and never even imagined the concept of FIRE until a few years ago. Now, she’s FI (financially independent) BUT still chooses to work. Christine gives some strong reasons why she WON’T retire early but why financial independence is still crucial, even if you don’t hate your job. Christine’s wake-up call came when she calculated how long it would take for her to become a millionaire at retirement by saving alone. The answer: over 200 years! Lacking the fountain of youth, Christine began testing out investing. A few dollars here, a few dollars there, and eventually, she got her groove, gaining enough confidence to invest more and more of her paycheck. Now, she owns multiple rental units, has a thriving stock portfolio, and is investing in one more unique investment, helping her passively achieve her FI number. Want to hear what it is? Stick around! </video> <video> The Proven Path to Financial Independence in Your 40s (Median Income!) Description: Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to FI Faster with the Book “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders How to Retire Early in Your 40s by Supercharging Your Savings: https://www.biggerpockets.com/blog/money-579?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Joy: https://www.biggerpockets.com/users/js62?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none If you’re just starting your FIRE journey, getting to $1 million, $2 million, or more can seem daunting, especially if you don’t earn a large salary. But what if you don’t need that much to reach financial independence? As you’re about to hear, today’s guests have a much lower FI number and have learned how to build wealth without a high income. How are they doing it? Listen in to find out! In this video, we’re chatting with Joy and Nate Stoddard, who are on pace to reach FI in their 40s. They’ve never had high-paying jobs or a large rental property portfolio, but they’ve cracked the code for FI by living in a low-cost-of-living area, keeping their expenses down, and taking advantage of everyday money hacks. YOU can follow this simple path to achieve financial freedom, too! </video> <video> Broke at 50? How to Retire On-Time (Or Early!) Description: Episode #591 Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate: https://www.biggerpockets.com/connectinvest Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab Scott’s Book, “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!): https://www.biggerpockets.com/articles/money-422?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Are you worried you won’t be able to retire at sixty-five? Feeling financially limited in your fifties and need a retirement plan so you can finally stop working? Well, we made this episode just for you. Today, we’re teaching you how to retire on time at age sixty-five (or even retire early!) if you’re starting from zero with no money to your name. We spell out exactly what we would do to go from a zero-dollar net worth to a million dollars in retirement! This is a step-by-step plan that anyone who wants to retire on time can follow. We’ll walk through two personas: Barb, a recently divorced stay-at-home mom reentering the workforce with a zero-dollar net worth. Then, we’ll touch on Sally, a six-figure income earner who also is starting from zero. Both scenarios take slightly different steps, so listen closely because your income level could completely change your money moves! Don’t give up on retirement! No matter your age, these simple steps can help get you to a financially stable (if not flourishing) position. We’ll talk about how to make more money, cut expenses, save every month, which investments you should prioritize for retirement, and what to do if you’re still in debt! 00:03 Intro 02:21 How to Start from ZERO! 06:33 Stay-at-Home Mom, No Income, Divorced 20:08 Six-Figure Income, $0 Net Worth 27:32 Investing Your Money 31:34 Paying Off Debt 36:24 Want More Retirement Strategies? </video> <video> 2025 Money Hacks That’ll Save You Over $20,000 Per YEAR! Description: Episode #590 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to FIRE Faster with Scott’s Book “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 355 - All the Money Hacks We WISH We Had Known About w/Chris Hutchins: https://www.biggerpockets.com/blog/money-355?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Do you want to know how to save $1,000 a month (or more!) with simple spending and saving tweaks? Today, we’re giving you the BEST money hacks for 2025 from the expert, Chris Hutchins of "All the Hacks"! Some of these smart money moves will save Chris over $20,000 just next year, and that’s not even including all the other hacks he shared in this episode. The best part? These money hacks can help you retire early by substantially reducing your cost of living. Chris starts by sharing one of the most genius ways he’s making extra money. You could call it a side hustle, and Chris has a LOT of them to share. Then, we start taking HUGE chunks of money out of your monthly expenses as Chris shows you how to slash all your insurance costs, reduce your property taxes effortlessly, save tens of thousands a year on healthcare, and easily go out to eat for thirty percent less. If your 2025 goal is to save more, spend less, and get to FIRE faster, this is the perfect way to start, and missing out on these tips could cost you tens of thousands! 00:00 Intro 02:35 Best Money Hack of 2024 11:34 Flipping Gift Card 14:05 Saving BIG Sums 22:16 Save $15,000 a Year! 28:12 Save 30% on Eating Out! 32:02 Cut Healthcare Bill by 50%! 41:19 Ask for a Raise! 43:00 One Thing You CAN’T Hack 45:57 Listen to "All the Hacks" </video> <video> Why I Went BACK to Work After Achieving FIRE in My 40s | Living the FI Life Description: Maximize Your Real Estate Investing with a Self-Directed IRA: https://www.trustetc.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_medium=youtube&utm_term=overlay_ad Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Get to FIRE Faster with the Book “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 41 - How to Find the Best Possible Certified Financial Planner (CFP) for Your Needs with Kyle Mast: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-41-find-certified-financial-planner-cfpkyle-mast?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Carl: https://www.biggerpockets.com/users/carljensen?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none Arik’s Email: arikpeterson79@gmail.com After less than a decade of early retirement and the FIRE lifestyle, Arik Peterson has decided to return to work. He was able to FIRE in his forties, ditching his intense corporate job (and schedule) for relaxing weekdays spent biking, camping, and being with his family. So, why would he decide to go back to work after spending so much time trying to escape it in the first place? Once you’re FIRE, you might realize exactly what Arik did. Retiring early? Then heed Arik’s advice: know that you’ll still WANT to do something with your time, and what you love doing may come with an income stream to boot! Arik started out doing handyman projects for fun, but after his services got in demand, it became a bit of a side hustle. Now, he’s studying hard to do something that will help everyone become happier, financially healthier, and get to FIRE faster. Would you go back to work to pursue your passion, even after achieving FIRE? Let us know in the comments! </video> <video> $300K in Debt to Financial Freedom in 8 Years ($1.8M Net Worth!) Description: Episode #598 Episode Show Notes: https://www.biggerpockets.com/podcasts/money?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab Scott’s Book “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Money 586 – Average Net Worth by Age (How Do You Compare?): https://www.biggerpockets.com/blog/money-586?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Bernadette: https://www.biggerpockets.com/users/bernadettej7?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Scott and Mindy: Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none From over $300,000 in debt to a millionaire in just eight years?! No matter where you’re at, it’s never too late to get on the path to financial freedom. This entrepreneur is proof that a little discipline, frugality, and creativity can radically change your financial trajectory! Welcome back to the “BiggerPockets Money” podcast! Today, we’re speaking with Bernadette Joy, founder of Crush Your Money Goals. In 2016, Bernadette had dug herself a six-figure hole—a combination of student loans, credit cards, and mortgages—simply by listening to bad money advice. But in just THREE years, she paid off all of her debt and has since built a net worth of $1.8 million! How did she create such an enormous swing in less than a decade? In this episode, she’ll show you the exact steps she took so that YOU can do the same! Want to accelerate your journey to FIRE? Bernadette has all kinds of budgeting tips, debt paydown strategies, and side hustles that will help you reach your financial goals much faster. Stay tuned to learn how to wipe out your debt as quickly as possible, save for retirement, and even make an extra $100 a day alongside your nine-to-five job! 00:00 Intro 00:59 Getting Into $300K of Debt 04:52 The Zero-Based Budget 14:00 Starting Side Hustles 18:33 Making an Extra $100/Day 24:44 Bernadette’s Portfolio 37:47 Connect with Bernadette! 39:16 Crush Your Money Goals! </video>

Contacts and Links

Description

Want to say "goodbye" to debt, reach financial freedom, and retire early? Welcome to BiggerPockets Money!

Every week, we interview those who have achieved or are on their way to achieving financial freedom. From debt-ridden credit card consumers looking for advice to late starters building wealth in their 50s and 60s, we talk to anyone and everyone who's on a personal finance journey so YOU can learn from their lessons and make money work for you.

Tune in on Tuesdays, where we interview thought leaders in the personal finance space and investors who used ingenious strategies to retire early. Then, on Finance Fridays, we answer money questions from listeners struggling to find financial footing or needing help figuring out what to do next on their journey to FIRE!

Don't know where to start? Click the link below!

Videos from channel