BiggerPockets Money Podcast

BiggerPockets

4.5 (3K)
Investing
Updated Semiweekly

Intermediate to advanced personal finance strategies for people serious about the FIRE (financial independence retire early) movement—not just dreaming about it. Tune in on Tuesdays and Fridays for new BiggerPockets Money episodes with your hosts, Mindy Jensen and Scott Trench! Or visit BiggerPocketsMoney.com with additional resources.

3d ago

Reach Financial Independence Faster: Backdoor & Mega Backdoor Roth Explained

Want to build tax-free wealth even if your income is too high for a Roth IRA? In this episode, Mindy Jensen and Scott Trench are joined by CPA’s Amanda Han and Matt MacFarland. They break down the Backdoor Roth IRA and Mega Backdoor Roth strategies step-by-step. You'll learn how the Backdoor Roth works, how to avoid costly tax mistakes, how the pro-rata rule can impact your conversion strategy, and when the Mega Backdoor Roth may allow you to contribute tens of thousands of additional dollars to Roth accounts each year. Whether you're pursuing FIRE, optimizing your retirement accounts, or looking for advanced tax planning strategies, this episode covers everything you need to know. Connect with Amanda Han and Matt MacFarland Website: https://www.keystonecpa.com/pages/about-us Instagram: https://www.instagram.com/amanda_han_cpa/?hl=en To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

44 min
6d ago

The Fastest Path to Financial Independence Isn't What You Think | Mrs. Dow Jones

Most people think financial independence is all about cutting expenses, but there's only so much you can cut. In this episode, Haley Sacks, better known as Mrs. Dow Jones, shares the strategies that actually move the needle when it comes to building wealth, reaching financial independence, and creating long-term financial freedom. We discuss how to increase your income, negotiate higher pay, avoid lifestyle creep, invest with confidence, and build a simple system for managing money. Haley also explains why human capital may be your most valuable asset, how AI is changing career opportunities, and why index funds remain one of the most powerful wealth-building tools available. Whether you're pursuing FIRE, trying to grow your net worth, or simply looking to make smarter financial decisions, this episode provides practical strategies you can start using today. Connect with Haley Sacks: Website: https://www.mrsdowjones.com/book Instagram: https://www.instagram.com/mrsdowjones/ To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

48 min
May 29

10 Ways to Massively Increase Your Net Worth in One Year (Median Salary)

In this episode of the BiggerPockets Money podcast hosts Mindy Jensen and Scott Trench break down practical strategies for doubling your net worth and accelerating your path to financial independence. From reducing fixed expenses and increasing cash flow to investing consistently and growing your income, we cover the core habits and wealth-building systems that can dramatically speed up net worth growth, even if you’re starting from a modest financial position. Whether you’re pursuing FIRE, early retirement, or simply trying to grow your wealth faster, this episode provides a practical roadmap for increasing your net worth and building lasting financial security. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

34 min
May 26

How to Build an Investment Strategy for Financial Independence

In this episode of the BiggerPockets Money podcast, Bob Haines joins hosts Mindy Jensen and Scott Trench to explain how to build an investor policy statement and create a long-term investment philosophy for financial independence and early retirement. We break down how FIRE investors can design a personalized investing framework that aligns with their goals, risk tolerance, lifestyle, and withdrawal strategy while avoiding emotional investing during market volatility. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

1h 5m
May 22

6 Simple Steps to Financial Independence

In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Scott Trench break down the six foundational principles for building wealth and achieving financial independence. From controlling major expenses and increasing your savings rate to investing strategically and building additional income streams, this episode covers the practical habits that consistently help people grow wealth over time and accelerate their path to FIRE. Whether you’re just starting your financial independence journey or looking to optimize your wealth-building strategy, this episode provides a simple and repeatable framework for building lasting wealth without overcomplicating personal finance. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

38 min
May 19

Ben Felix Critiques FIRE… And Then Makes the Case for 100% Equities in FIRE

In this episode, Ben Felix joins Mindy Jensen and Scott Trench on the BiggerPockets Money podcast to break down his thoughts on the FIRE movement, portfolio design, safe withdrawal rates, and long-term investing. We discuss how to build a FIRE portfolio that balances risk, flexibility, quality of life, and long-term sustainability — without falling into the trap of over-optimization or extreme frugality. Whether you're pursuing FIRE, early retirement, Coast FIRE, or simply trying to become a smarter long-term investor, this conversation offers an evidence-based framework for building wealth while still enjoying life along the way. Connect with Ben Felix! Website: https://www.pwlcapital.com/?ki-cf-botcl=1 YouTube: https://www.youtube.com/@BenFelixCSI Podcast: https://rationalreminder.ca/podcast Resources from today’s episode: https://www.pm-research.com/content/iijretire/10/3/47 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590406 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4227132 https://www.youtube.com/watch?v=QGzgsSXdPjo https://www.youtube.com/watch?si=rHiFIykmOJJs8UKF&v=S9InNdQhFwc&feature=youtu.be https://research-tools.pwlcapital.com/research/risk-profile To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

1h 5m
May 15

The Biggest Portfolio Mistakes FIRE Investors Make

In this episode of the BiggerPockets Money podcast hosts Mindy Jensen and Scott Trench break down the biggest portfolio mistakes people make on the path to financial independence. From holding too much cash and staying stuck in accumulation mode to ignoring tax optimization, estate planning, and withdrawal strategies, we cover the investing mistakes that can quietly derail long-term wealth building and FIRE success. Whether you’re pursuing FIRE, Coast FIRE, or traditional retirement, this episode will help you avoid common portfolio mistakes and build a more resilient long-term financial plan. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

33 min
May 12

How Kyle Built a $4M Real Estate Portfolio Making Less Than $40K

On this episode of the BiggerPockets Money podcast Mindy Jensen and Scott Trench bring on Kyle Collette to discuss how he achieved financial independence and built a real estate portfolio worth more than $4 million while earning less than $40,000 per year. Through house hacking, rental property investing, frugal living, and strategic relationships, Kyle scaled from small single-family rentals to multi-unit properties across Ohio — proving that building wealth doesn’t require a massive salary. Whether you're pursuing FI, early retirement, or long-term wealth through real estate investing, this episode offers a practical roadmap for building financial freedom on a modest income. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney Connect with Kyle: kdcoll4@gmail.com OR Kyle@firstohiohome.com https://www.linkedin.com/in/kyle-collette-7ba24541 https://www.instagram.com/tennisguyrei/ We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

51 min

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Trailer

BiggerPockets Real Estate 2.0 - A New Era of the Podcast

The BiggerPockets Real Estate Podcast is about to hit a huge milestone—our 1,000th episode! Real estate has changed quite a bit since we started this podcast, so we’re making some changes, too. We’re bringing on new guests and new formats while focusing on investing tactics and strategies that work in TODAY’s housing market. Oh, and did we mention fewer ads, too? We’re still delivering the time-tested knowledge, inspiration, and news you expect from the BiggerPockets Real Estate Podcast so YOU can work towards financial freedom, no matter the market conditions. Join Dave Meyer, our new host, for our 1,000th episode, and tune in on Mondays, Wednesdays, and Fridays to learn how YOU can reach financial independence through real estate! Hit “Follow” to never miss an episode! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-no-number Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

08/05/2024

•

4 min

Mindy Jensen

Host
Scott Trench

Host
Amanda Han

Guest
Matt MacFarland

Guest
Benjamin Felix

Guest
Kyle Collette

Guest
Tad Fallows

Guest
Carl Jensen

Guest
Walli Miller

Guest
Carl Jensen

Guest

4.5

out of 5

2,990 Ratings

Nice!

May 8

UTNDguy

I really have been enjoying the non real estate episodes. Please keep them coming!
Bring back the old finance Friday

May 13

JaBrowen

I used to love where they would deep dive into guests that are working towards FI but need direction on what to do. I think that’s majority of people who listen to this show and it’s nice to see where others are at. Had to stop listening because they just seem to focus on people who hit FI or just repeat topics. I had to stop listening to the show. It’s not the same.
Great help and encouragement on my journey to F.I.R.E.

Mar 28

Avid Listener

I have been encouraged and received helpful advice on my way to fire. I like the actual numbers break downs and the realistic plans they lay out. I’m hoping the reach coast fire in the next year and am using Mindy’s “Live-in flip” strategy to build wealth to reach my full fire number faster.
Grateful for this podcast

Mar 10

Don Joe

Real-time relatable discussion and refinement of age-old financial principles. Don’t just listen, put it in practice!

Intermediate to advanced personal finance strategies for people serious about the FIRE (financial independence retire early) movement—not just dreaming about it. Tune in on Tuesdays and Fridays for new BiggerPockets Money episodes with your hosts, Mindy Jensen and Scott Trench! Or visit BiggerPocketsMoney.com with additional resources.