BiggerPockets Money Podcast BiggerPockets

You want to know how to get rich. But you probably don’t want to deal with the tenants, toilets, trash, and constant headaches of investing in real estate. And even as the world’s biggest resource for real estate investors, we get it. The landlord lifestyle isn’t for everyone. Thankfully, real estate isn’t the ONLY way to get rich. There are five other time-tested ways to build wealth that don’t involve 2 A.M. tenant phone calls.
In today’s show, Mindy and Scott tag team the five best ways to build wealth without ever buying a rental property.These methods work for almost anyone, no matter how much (or how little) money you make or have in the bank. Some of these methods are more passive than others, requiring just minutes a month to start building wealth, while others can explode your income but require much more time.
But we’re not just giving you some experimental investment methods to try. Both Mindy and Scott have used most, if not all, of these methods to become rich themselves, and if you incorporate ANY of these methods into your life in 2024, there’s a good chance by this time next year, you could be way wealthier!
 
In This Episode We Cover
The five ways to get rich WITHOUT investing in real estate 
The four “levers” of wealth you can pull to level up your financial lifestyle
“Boring” businesses and HUGE investment opportunities for those in their 20s, 30s, or 40s
Job hopping and why you could be underpaid and overworked at your current role
The investment accounts that can expedite your path to becoming a millionaire
The super passive investment anyone can use to build massive wealth in the background
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 BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Past Episodes Mentioned in Today’s Show
Index Funds
Financial Mechanic
David Greene (1st Episode)
David Greene
“Boring” Businesses
Liquor Store Investment
Franchising
Side Hustles
Nick Loper (Side Hustle Nation)
Loan Signing Side Hustle

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-475
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com 
Learn more about your ad choices. Visit megaphone.fm/adchoices

Deep in the forest, a secret financial independence summer camp is being held. Multiple times a year, all across the country, millionaires, financial freedom achievers, and those still on or just starting their FIRE journey meet up for a weekend like no other. Those who have achieved FIRE in their 30s, 40s, and 50s give advice, tips, and tactics to those who want to leave their jobs behind and see what a life of financial freedom feels like. It’s such a can’t-miss event that Mindy and Scott are regulars there too!
Of course, we’re talking about CampFI, where you can roast marshmallows, talk about Roths, scheme with other investors on the best way to make millions, or simply meet the financial independence heroes you’ve only seen online. Throughout the year, these camps are held in every corner of the country, and today, you’ll get to hear exactly what happens around the campFIre.
For that, we brought on CampFI founder Stephen Baughier to tell us more about this exclusive financial independence experience and his own journey to FI. After a tough wake-up call in his mid-30s, Stephen made it his goal to reach financial freedom, but not on the fast-paced schedule most FIRE chasers think of. Hear how Stephen was able to downsize his life, cut his spending, and have ultimate time freedom without having to work his tail off!

In This Episode We Cover
The one thing that made Stephen reevaluate his financial decisions in life
Downsizing, cutting spending, and how to reach financial freedom faster
Advice from millionaires and those who’ve already achieved FIRE
CampFI costs, activities, events, and why you MUST attend 
Why you can (and SHOULD) slow down your path to FIRE 
Scott’s accidental run-in with a fireside cult-like chanting circle
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
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Past Episodes Mentioned in Today’s Show:
Doug Nordman
Mr. Money Mustache
CampFI Website

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-474
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2023 holiday shopping season is here, and you know what that means…gifts, trips, and LOTS of spending. If you love the holiday season but are more into frugal festivities, we have just the episode for you. Whether you're a budget-conscious stocking stuffer or a buy-everyone-an-iPhone gift giver, we've got some simple tips that'll help you save hundreds or thousands this holiday season.
To help us build out our list of holiday hacks, we brought on Chris Hutchins from the All the Hacks podcast to give us his best tips for staying on budget this holiday season. From saving hundreds of dollars per person per flight to crazy cash-back browser extensions, how to buy fewer gifts while making everyone happy, and the best board game ever, Chris shares his favorite ways to spend less during the season and his listeners' favorite frugal gifts.
Even if you're not much of a holly, jolly, merry type of person, Chris drops some incredible cost-saving knowledge YOU can use at ANY time of the year to keep thousands of more dollars in your pocket!

In This Episode We Cover
How to save hundreds of dollars on your holiday flights with this one timing hack
Why fewer gifts can lead to happier holidays (and how to convince your family of it)
Crazy cash-back opportunities and sites that'll reward you for gift-giving
How to save 30%-40% on home renovations and repairs using this one coupon website
The gifts you can and should buy used (NO ONE will notice)
Chris' 2023 holiday gift guide for the frugal gift giver
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
All The Hacks Podcast
Give the Gift of Wealth-Building Knowledge with BiggerPockets' Books
All the Money Hacks We WISH We Had Known About
Cashback Monitor
Cooking at Home
Crown & Paw (Pet Portraits)
DeleteMe
Die with Zero
Google Flights
Google Shopping
I Will Teach You To Be Rich
Keepa
Mercari
Outlive
Rakuten
Saven Deal (Coupons
TopCashback
Whiskey River Soap
Grab Chris’ 2023 Holiday Gift Guide

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-473
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy Thanksgiving! This Turkey Day, we're giving you an encore of one of our favorite episodes on the money hacks EVERYONE should know about! This was one of our top shows of last year and will teach you how to save better, spend less, and travel for CHEAP! Enjoy!
______
Travel hacks, spending hacks, medical hacks. If there’s one thing that Chris Hutchins has learned from hosting the All the Hacks podcast, it’s that everything is negotiable. You can travel to over sixty countries for (almost) free, outsource your cooking at a reasonable rate and even get free money once forgotten. Chris should know—he’s done all this and more as he works to optimize every aspect of his life, both financially and personally!
Chris was hacking at a very young age. In high school, he made a fake magazine so he could score free press passes to concerts. When he was away at boarding school, he would buy whole pizzas and sell them by the slice just to afford a few slices of his own. Then, later when he quit his job to travel the world, Chris and his partner hit over sixty countries, using credit card points to globetrott from South Africa to Singapore!
Now, as a father, Chris is more concerned about hacking his time. He’s got kids to take care of and doesn’t want to waste a second of his day that could be spent planning for, or playing with, his children. In today’s episode, you’ll hear some of the most insane life hacks, from hiring a personal chef for a fraction of the cost to getting free champagne at any hotel stay and even snagging twenty to thirty percent off of your dream vacation villa. These hacks work (we tried them in real-time), and you may need a pen and paper to write them all down!

In This Episode We Cover
Credit card points, travel hacking, and how to get flights for free (or at a steep discount)
Outsourcing and delegating everything so you spend more of your time with those who are most important
Simple principles for an optimized life and why conventional wisdom is usually out of whack
How to get deep discounts off of vacation properties during your next big trip
Why you should NEVER cancel a flight until twelve hours before takeoff
Where to find “unclaimed money” you never knew you had (we found some ourselves!)
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
All The Hacks Podcast
Apps Mentioned in This Episode:
CardPointers
Paprika
FancyHands
Google Flights
AutoSlash
Amazon Smile
Library Extension
Cash Back Monitor
SavenDeals
DeleteMe

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-472
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Building wealth, saving money, getting rich—it’s much more straightforward than most people think. You don’t need to be a financial expert or millionaire to know what you should do with your money. But if you’ve found yourself in a spot where saving and investing just isn’t happening or you want to build wealth but don’t know where to start, we’ve got the perfect guest for you!
Tiffany Aliche, AKA “The Budgetnista,” is on track to help more than 300,000 people start their journey to financial freedom with her Live Richer Challenge, following the same steps she took to get out of over $30,000 in credit card debt, fix her trashed credit score, and save and invest her way to serious wealth. In today’s show, Tiffany will talk about the ten steps you can take to go from money mayhem to net worth nirvana so you can build generational wealth, achieve financial freedom, and leave a legacy for your family.
If you liked today’s episode, grab a copy of Tiffany’s Made Whole financial workbook that’ll help you get good with money no matter where you’re starting!

In This Episode We Cover
The ten steps that’ll take you from broke to building a financial legacy 
Why you’re budgeting all wrong and the right way to make sure you’re not overspending
The EASIEST way to save money every month that will grow your bank account without you even noticing it
The different methods to get out of debt and which one makes most the sense for your situation
How to take your credit score from the 500s to the 800s with some super simple hacks
The one thing you can do right now to start building your retirement nest egg
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Mindy on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
From Financially Perfect to Rock Bottom (and Back Again)
How to Teach Your Children About Money
Tiffany Aliche’s 10 Financial Components to Become ‘Financially Whole’
Join the Live Richer Challenge!

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-471
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to know how to make $100 a day the easy way? We’ve got the queen of side hustles, Jackie Mitchell, on the show to share the most legit, low-effort, flexible side hustles you can try today to start making money tomorrow. Jackie challenged herself to make $100 per day for the next 100 days as she and her husband work to save up a down paymentfor their first house. She’s documented her entire journey on social media to show the side hustles that are (and aren’t) worth the work.
From study groups to surveys, meal-prepping for others, training AI chatbots, and playing piano at events, Jackie has tried dozens of different side hustles so you don’t have to. In today’s show, she shares the best side hustles where you can make up to thirty dollars an hour working entirely from home, the side hustles that trick you into thinking you’re making more money, and how you could start making THOUSANDS more a month while working a few hours extra every day.
If you’re trying to save up for a down payment like Jackie, ditch some debt, or want a little extra in the bank, these side hustles could be your first step toward financial freedom. Stick around because Jackie will tell you which side hustles could boost your bank account!
 
In This Episode We Cover
How to make an extra $100 per day with simple side hustles that DON’T require experience
The one side hustle Jackie comes back to that offers consistent work and high pay
Which side hustles are NOT worth the money and take FAR longer than you think
Taxes, 1099s, and how to keep track of your income and expenses when making extra money
“Body mirroring” and how Jackie stays super efficient when doing side work 
And So Much More!

Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Scott's Instagram
Mindy on BiggerPockets
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Food Spending Eating Away at Your FI Plans? Here’s How to Eat for Cheap
The Most Efficient Path to Financial Freedom With Justin From Saving Sherpa
Taking Command of Your Finances by Understanding (& Controlling) Money with Joe Saul-Sehy
Side Hustle Websites from This Show
Data Annotation
Prolific
Remotasks
Swagbucks
Beer Money Subreddit

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-470
 
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices