Introduction

This chapter covers various money tips for 2024, including setting up direct deposit for tax refunds, re-quoting insurance policies for better rates, evaluating investment fees, and understanding financial advisor compensation.

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Episode notes

With a few money tips for 2024, you could take your savings to a new level this year. From investment fees to utilities, there are all kinds of everyday expenses that you might not have thought to slash!

Welcome back to the BiggerPockets Money podcast! In part two of our money tips series, Mindy and Kyle go over some of the best and easiest ways to save money. If you haven’t shopped around for insurance in the last year, chances are you’re paying too much! We talk about how finding a broker can help you out in a big way.

We also recommend several home upgrades—such as installing LED bulbs, adding insulation to your attic, and investing in low-flow showerheads—that could help you save a fortune on your energy bill. You’ll find out that even something as simple as stashing your tax refund in a savings account could make a huge difference!

In This Episode We Cover

How to find out if you’re spending too much on investment fees

The energy-efficient home upgrades you NEED to make in 2024

How to save a fortune on your electric bill by insulating your attic

The SMART way to use your tax refund this year

Why you NEED to shop for insurance every six months (and find a broker!)

Protecting your family’s financial future before you pass away

And So Much More!

Links from the Show

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

Finance Review Guest Onboarding