BiggerPockets Money Podcast

Morgan Housel shares insights on personal finance, emphasizing the importance of being a 'reasonable optimist.' He discusses historical parallels, investing strategies, and why many Americans struggle to build wealth. The episode also covers wealth preservation, evolving perspectives on wealth, and unleashing creative thinking for productivity and investment insights.

Learn from serial entrepreneur Omar Zenhom how he built, scaled, and sold a multimillion-dollar SaaS company. Discover the importance of teaching in business, the pros and cons of bootstrapping, and leveraging your network for success. Hear about the emotional challenges and strategic preparations required when deciding to sell a business.

Learn budgeting tips for families living on one income in 2024 from budgeting coach Emy Lee. Discover how to save money on groceries, avoid spending triggers, and use the 50/30/20 rule. Hear about managing variable incomes, controlling social media spending influences, and understanding emotional triggers in spending habits.

Tips and tricks to achieve financial independence early, strategies for transferring 401(k) funds, considerations for buying a home outright versus mortgage, creative ways to eliminate car debt, discussions on home inspections and financial planning tips

Explore the MoneyType personality quiz to uncover financial strengths and burdens. Learn about the five financial archetypes and their pitfalls. Mindy and Scott share their results, revealing insights into financial success. Discover how understanding money archetypes can enhance financial literacy and conversations around personal finances.

Explore the world of financial advisors with tips on finding the right one. Learn about fee-based vs. fee-only advisors and the pitfalls of whole life insurance. Discover how to avoid costly financial decisions and where to find unbiased advice that works for you.

Jeremy Schneider shares his journey to early retirement at 36 by selling his business for $5 million after a decade of hard work. He discusses the emotional and financial aspects of the sale, the importance of building a business, and the strategies for staying financially free. The episode also touches on lump-sum investing, business valuation, and the negotiation process behind selling a company for millions.

Sean Mullaney, a tax professional, shares strategies for managing inherited investment accounts to avoid hefty tax bills. He discusses the four buckets of assets you can inherit and explains the step-up in basis exemption to dodge capital gains tax. He also covers the ten-year rule, early withdrawal penalties, and reducing tax obligations through Roth accounts.

Learn about personal finance apps, tools, products, and habits that can help you achieve financial independence and reach your goals. The podcast covers topics such as spending for happiness, optimizing for convenience and cost, productivity tools and habits, switching financial management apps, and finding an investor-friendly agent for investment deals.

In this episode, the hosts help Dan, who has a cash flow problem despite a good income. They discuss strategies to increase cash flow, using a HELOC to buy real estate, asking for a raise, and the benefits of job hopping. They also address the decision to stop 401k contributions and prioritize investments.