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BiggerPockets Money Podcast

BiggerPockets Money Podcast

BiggerPockets

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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Top 10 BiggerPockets Money Podcast Episodes

Goodpods has curated a list of the 10 best BiggerPockets Money Podcast episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to BiggerPockets Money Podcast for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite BiggerPockets Money Podcast episode by adding your comments to the episode page.

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 questions directly from the BiggerPockets Money Facebook group and give answers so you can make smarter investing, saving, and life-changing decisions.

In this episode, we get into questions from a range of different financial situations. We have questions about debt payoff schedules, whether to sell stocks and invest in real estate, why “safe” investing may not be smart investing, and what to do when three-quarters of a million dollars are given to you. Scott and Mindy not only answer these questions the best they can, but they also give the “why” behind the financial decision so you can be better equipped when situations like this come up in your own life!

If you want to ask a question or give us feedback about this new format, you can do so on the BiggerPockets Money Facebook Group or leave a comment on the BiggerPockets Money YouTube channel. We’ll try and round up the most commonly asked questions so Scott and Mindy can keep the wealth-building wisdom coming!

In This Episode We Cover

The safest investment vehicle in 2022 (and why safest doesn’t always mean best)

Whether to pay off student loans or invest in retirement and real estate

Which debt to pay off first so you can coast to debt-free freedom

Renting vs. buying in today’s hot housing market and how to decide for yourself

Funding home renovation projects (even when contractor costs are high!)

House hacking and using it to lower your expenses, grow net worth, and build financial runway

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Scott's Instagram

Mindy's Twitter

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Follow Along Mindy’s Live Budget Tracking

BiggerPockets Money Podcast 35 with Craig Curelop (House Hacking)

BiggerPockets Money Podcast 267 with Robert Farrington (Student Loans)

Does It Make More Sense to Rent or Buy in Today’s Real Estate Market?

A Beginners Guide to Hack Your Housing and Live for Free

Pay Off Debt or Invest?

Check the full show notes here: https://www.biggerpockets.com/blog/money-290

Learn more about your ad choices. Visit megaphone.fm/adchoices

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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!

In This Episode We Cover

Chris’s favorite side hustle of 2024 that’s making him extra money (nobody has thought of this!)

How to slash your property tax bill in exchange for a couple of hours of your time

Reevaluating your car insurance and why you MUST get new quotes ASAP

Savvy healthcare hacks that could save Chris $24,000 this year alone

How to get a deep discount whenever you eat out (twenty to thirty percent off!)

The one thing you can’t (and probably shouldn’t) hack

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Join BiggerPockets for FREE

Email Mindy: [email protected]

Email Scott: [email protected]

BiggerPockets Money Facebook Group

BiggerPockets Money 473 - Holiday Shopping Hacks That’ll Save You Hundreds (or Thousands) This Season w/Chris Hutchins

BiggerPockets Real Estate 783 - Home Buying Hacks: Finding The Perfect House (and Agent!) w/Chris Hutchins

BiggerPockets Real Estate 955 - BiggerNews: Real Estate vs. Stocks, the Ultimate Wealth-Building Debate w/Chris Hutchins and The Motley Fool

Why You Shouldn't Stop Working Once You Hit Financial Freedom w/Chris Hutchins

All the Hacks

All the Hacks 34 - Insider Tricks to Healthcare, Prescriptions and Medical Bills with Marshall Allen

All the Hacks 104 - Optimizing Your Insurance Policies (Auto, Home/Renters, Umbrella, Life, Disability, Pet, and Travel)

All the Hacks 181 - Making an Easy $3k/mo from Online Deals with Kai

Blueberry Pediatrics

in-kind - Restaurant Savings App

Ownwell -...

BiggerPockets Money Podcast - Broke at 50? How to Retire On-Time (Or Early!)
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12/20/24 • 45 min

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!

In This Episode We Cover

How to go from broke at fifty to millionaire (and retirement-ready!) at sixty

The one beginner-friendly investment that could make you richer (faster) than traditional retirement accounts

Starting a side hustle and how to make more money so you can retire faster

The passive, stable, and relatively safe investment that anyone can put their money into

When to pay off debt and which interest rates to prioritize first

How to become a personal finance genius in just a year simply by “listening”

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Join BiggerPockets for FREE

Email Mindy: [email protected]

Email Scott: [email protected]

BiggerPockets Money Facebook Group

BiggerPockets Money 169 - Breaking the Taboo of Talking About Money with Friends, Family, and Bosses w/Erin Lowry

BiggerPockets Money 586 - Average Net Worth by Age (How Do You Compare?)

Email [email protected] for a Free Copy of Set for Life

Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate

Grab Scott’s Book, “Set for Life”

Find an Investor-Friendly Agent in Your Area

BiggerPockets Money 422 - The Late Starter’s Guide to Financial Independence (Even in Your 50s!)

(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?

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-591

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BiggerPockets Money Podcast - $200K/Year & Early Retirement in 10 Years by Being a "Lazy" Investor
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12/06/24 • 35 min

Dion McNeeley retired in just ten years after starting from not just zero but NEGATIVE. He was forty years old with $89,000 in debt, had no assets, a low-paying job, and zero investing experience. Thanks to his “lazy” method of building wealth, he was able to amass millions of dollars in assets, create over $200,000 per year in passive income streams, and retire just ten years after starting his journey to FIRE. Can you do it, too, even in today’s markets? Yes!

Dion did what most people aren’t willing to: lower your cost of living, spend less, save more, and yes...house hack. He built a small real estate portfolio just by house hacking alone. Still, thanks to the compounding effect of real estate, Dion’s passive income from the rentals began to overtake his monthly expenses. Now, he rakes in four to five times more than he could ever spend. Who wouldn’t want a $200,000 per year income stream in retirement?!

But it’s NOT too late to copy Dion’s exact strategy. In fact, Dion is sharing why NOW is one of the best times ever to get into real estate investing and how you, too, in ten years or less, could be making major passive income and enjoying early retirement!

In This Episode We Cover

How to explode your passive income by slowly investing in real estate

Dion’s journey from $89,000 in debt and low-paying jobs to financial freedom

Why Dion encourages you to IGNORE what everyone is saying about the housing market

A $1,000,000 mistake that Dion made that you should NOT repeat (DON’T pay off your house!)

Why Dion doesn’t care about growing a big real estate portfolio (and you shouldn’t either!)

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Join BiggerPockets for FREE

Email Mindy: [email protected]

Email Scott: [email protected]

BiggerPockets Money Facebook Group

Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate

Want to Retire Early with a Small Rental Portfolio? Grab the Book “Small and Mighty Real Estate Investor”

Find an Investor-Friendly Agent in Your Area

The Lazy Person’s Guide to Financial Freedom in Less Than 10 Years with Dion Mcneeley

Connect with Dion

(00:00) Intro

(01:00) $89K of BAD Debt

(07:00) Do This NOW!

(10:58) Great News for Landlords

(13:43) Dion's $1,000,000 Mistake

(16:19) No Stocks, No Bonds...Just Rentals?

(18:15) "Reverse Budgeting"

(19:58) Emergency Reserves and Current Portfolio

(22:13) Working 2 Hours a MONTH!

(23:49) Dion's FIRE Advice

(27:39) Connect with Dion!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-587

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email

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Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners. Whether you’re a solo entrepreneur, partner, landlord, house flipper, Airbnb host, or something in between, you MUST know about these tax laws before you start making money with your own business because if you get them wrong, you could be paying a MASSIVE penalty come tax time. You could save yourself thousands, or TENS of thousands, just by tuning in!

Brandon Hall, CPA, runs a real-estate-focused tax and accounting firm for big and small real estate investors. But, even if you’re not investing in real estate, these tax tips also apply to YOU. In today’s episode, we threw dozens of hard-hitting tax questions at Brandon so you know what to do with your next side hustle or full-blown business.

We’ll discuss whether you need an LLC, the real benefits of getting one, and which business entity (LLC, S-corp, C-corp, etc.) makes the most sense for your specific business and tax needs. Making money on your own but NOT paying quarterly taxes? This could cost you BIG, but thankfully, Brandon goes through exactly how much you could owe. And if you want to owe less to the IRS, we’ll give examples of tax deductions plus, which are NOT worth it and could put you at a BIG audit risk.

Need a tax professional for your small business? Find one for free with BiggerPockets Tax and Financial Services Finder!

In This Episode We Cover

Self-employment and small business taxes for beginners

Whether or not you need an LLC and why most real estate investors have this all wrong

Estimated taxes and the MASSIVE penalty you’ll pay if you forget about this

Tax deductions and the audit red flags that the IRS is looking for

The different business entities you can start and which has the best tax benefits

The three things you NEED to set up an LLC and the most critical one beginners forget

“SALT” taxes and why those selling goods in different states could owe even more

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE

Mindy on BiggerPockets

Scott on BiggePockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Find an Investor-Friendly Agent in Your Area

Find Investor-Friendly Lenders

How to Obtain Real Estate Professional Tax Status

Hear Past Episodes with Brandon:

BiggerPockets Real Estate 196 - LLCs, House Hacking, and Saving on Taxes w...

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With solid tax planning, receiving an inheritance could provide an enormous boost on your journey to financial freedom. One misstep, on the other hand, and you could be lining Uncle Sam’s pockets. Fortunately, we’ve brought on a tax professional to help you keep as much of your newfound money as possible.

There are two certainties in life: death and taxes. In this episode of the BiggerPockets Money podcast, we’re combining them. Sean Mullaney, The FI Tax Guy, returns to the show to lend his expertise on inherited investment accounts. Whether you’re the spouse, child, or sibling of a loved one who has recently passed, you’ll need a plan for managing these financial assets. Otherwise, a huge inheritance “tax bomb” could be waiting for you down the line!

Sean discusses the four “buckets” of assets you can inherit and the steps you should take in each scenario. You’ll also learn about the “step-up in basis” exemption that allows you to dodge capital gains tax on certain accounts, as well as when you might need to take required minimum distributions (RMD) —even if you’re far from retirement. Grab your pen and paper as we get into the nitty-gritty of inheriting wealth.

In This Episode We Cover

How to pay less tax on your inherited investment accounts

The four “buckets” of financial assets you might inherit

Navigating the “ten-year rule” and preventing a HUGE tax bill

Dodging capital gains tax with the “step-up in basis” exemption

How to avoid early withdrawal penalties on spousal accounts

The “worst” account to leave for an heir (and what to do with it instead!)

How to pass a retirement account on to a spouse, child, or sibling

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE

Mindy on BiggerPockets

Scott on BiggePockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Money Moment

Find a Tax Professional Today

Estate Planning, Wills, and What to Do NOW to Protect Your Heirs

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

Hear Our Last Epiosde with Sean

Grab Your Copy of “Die With Zero”

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-503

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymo...

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Purple graduated from college and got a job in New York City making $35,000 a year. And spending $35,000 a year. Her net worth was a whopping $5,000. Her partner shared the concept of financial independence with her, but she wasn’t interested.

Two years later, her net worth had grown considerably, but she was still not tracking her spending or paying attention to much of her finances.

So, she took a good look at her money situation and discovered that there were places she could make cuts—yet not really feel them.

She moved across the country, she changed jobs, she asked for raises. And she saved and invested her money.

And her net worth grew to the point that she is retiring before the end of the year and traveling the world—all because she looked at her financial situation and said, “I can do better than that!”

Listen in to hear just how she increased her income and decreased her spending to craft the life she wanted!

In This Episode We Cover:

  • Purple's journey with money
  • Her mom's gift
  • Deciding to seek financial independence
  • Convincing your partner to pursue FIRE
  • Purple's net worth
  • Tips for people who are looking for a new job and better income
  • The importance of research
  • Purple's plan in the future
  • What her retirement looks like
  • Possible downsides of remote work
  • And SO much more!

Links from the Show

Learn more about your ad choices. Visit megaphone.fm/adchoices

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BiggerPockets Money Podcast - On Track to Retire a Millionaire After Living Paycheck to Paycheck
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10/18/24 • 31 min

Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant financial stress. Today, she’s on a clear path to retire as a millionaire. Her secret? Mastering the art of debt repayment without succumbing to severe frugality. Marisa managed to eliminate five-figure consumer debt, not by cutting out her cherished coffee runs, but by smart financial planning. Isn’t that supposed to be a big FIRE faux pas?

Marisa’s turning point came at rock bottom—stranded without a place to stay or a dollar to her name. But instead of going back to restrictive budgeting and punishing herself for her overspending, she built a financial plan that worked specifically for her.

Now, Marisa is ready to show others that achieving financial freedom, eradicating debt, and even starting to invest can all happen WITHOUT cutting everything enjoyable out of your life. If you’re battling to escape bad debt, Marisa’s approach could liberate you faster than you think—even if you struggle to find financial balance.

In This Episode We Cover

How Marisa went from a financial “mess” to being on track to become a millionaire in retirement

The spending hack that allows you to treat yourself WITHOUT going over budget

Why you CAN invest while paying off debt (and the right way to do it)

Why taking on good debt to grow your business/side hustle isn’t a bad thing

The “slow” path to becoming debt-free that is MUCH more successful than the beans and rice diet

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Join BiggerPockets for FREE

Email Mindy: [email protected]

Email Scott: [email protected]

BiggerPockets Money Facebook Group

Financial Badassery

Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate

Get Your Personal Finances in Check with “Set for Life”

Find an Investor-Friendly Agent in Your Area

How to Pay Off Credit Card Debt FAST ($30K+ in 1 Year!)

(00:00) Intro

(01:05) Paycheck-to-Paycheck and Worth $0

(04:29) Enough is Enough

(07:20) Paying Off Debt While Still Spending

(10:21) Investing While in Debt!?

(14:41) Finally Debt-Free?

(16:58) Managing Her Money

(21:38) Best Tip for FIRE

(24:08) Connect with Marisa!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-573

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Could Coast FI be your BEST path to financial independence? Maybe you don’t want to retire early —not yet, at least. Hustle for a few years, invest your money, and watch it snowball instead! This twenty-four-year-old saved nearly $100,000 with this strategy, and in today’s episode, she’ll show you how to do the same!

Emma von Weise was determined to take control of her finances at a very early age, getting her first job at just fourteen years old and saving money at every opportunity. This allowed her to not only escape college debt-free but also build a $99,000 net worth, a figure that will make her Coast FI until retirement—which isn’t on the radar anytime soon! Using her newfound financial freedom, Emma has built her “dream” life by working in a field she loves and taking plenty of time off to travel.

In this episode, Emma shares about all of the different jobs and side hustles she took up to supercharge her savings, as well as several creative “hacks” she used to help fund her college tuition. She also talks about some of the pivotal moments that shaped her views on personal finance, such as discovering the power of compound interest and finding an entire support system through the FI community!

In This Episode We Cover

How Emma became Coast FI by twenty-four and built a $99,000 net worth

Creative ways to fund your college education and escape debt-free

The real value of buying used cars from private owners (and where to find deals!)

How to create a fun and fulfilling life you don’t want to retire from

How to fast-track your fortune using the power of compound interest

Making your money work harder for you after stockpiling cash

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE

Mindy on BiggerPockets

Scott on BiggePockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Find an Investor-Friendly Agent in Your Area

Find Investor-Friendly Lenders

Property Manager Finder

BiggerPockets Money Episode 474 - Mindy and Scott’s Favorite Sleepaway Camp for FIRE Chasers

BiggerPockets Money Episode 449 - Coast FI in 4 Years: Cutting Expenses, Doubling Your Income, & HUGE Savings

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Morgan Housel’s ground-breaking book, The Psychology of Money, changed how many Americans thought about saving, spending, and investing. Through a collection of financial lessons, Morgan opened up new thought patterns for many of us, showcasing that getting rich isn’t as complicated as you might think, but staying rich can be the actual challenge. Now, this personal finance powerhouse is back with a new book, Same as Ever.

In Same as Ever, Morgan doubles down on what has, and most likely always will, work in the personal finance world. By showcasing some of the most commonly repeated financial events of the past, we can better shape our understanding of what will happen in the future and use history to our advantage to build even bigger wealth, enjoy our lives even more, and not repeat our past mistakes.

But this episode goes much deeper than that. We talk about why so many Americans will die without building wealth, why people are afraid to invest, when to spend your wealth once you’ve built it, and exactly how Morgan invests his own money. Plus, why getting rich isn’t your biggest concern—staying rich is.

In This Episode We Cover

Why Morgan thinks you MUST be a “reasonable optimist” to get and stay rich

Exactly how Morgan spends, saves, and invests his own money

The real reason why most Americans will die without ever building wealth

The “competition” which is always looking to take your success from you

How to STOP being afraid of investing and start putting your future first

When to spend your wealth and why dying with riches isn’t the real goal

Financial regrets and mistakes of Morgan’s past, and advice for ANY investor

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE

Mindy on BiggerPockets

Scott on BiggePockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

The Simple Path to Wealth—Index Funds Explained with JL Collins

How to Get Rich Without Investing in Real Estate

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-510

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]

Learn more about your ad choices. Visit

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