BiggerPockets Money Podcast

Achieving financial freedom in your 40s by taking calculated risks, repaying parents for their sacrifices, starting a business that brings in millions, retiring mother within six years, emphasizing on the importance of betting on yourself and finding FIRE movement success

Emma von Weise, a finance-savvy 24-year-old, shares how she reached Coast FI and a $99K net worth through various side hustles and smart financial decisions. She highlights funding college debt-free, buying used cars, and building a fulfilling life. Emma's journey embodies the power of starting young and the support of the FI community.

Estate and elder attorney Jenny Rozelle shares valuable insights on wills, trusts, and estate planning. From napkin wills to protecting heirs from divorce, she debunks common misconceptions and emphasizes the importance of updating wills. Topics include verbal promises of inheritance, revocable vs. irrevocable trusts, and safeguarding wealth for future generations.

Estate and elder attorney Jenny Rozelle joins to discuss the importance of estate planning to preserve wealth, avoid intestate succession laws, and make probate less daunting. Learn about essential estate planning documents, preventing assets from ending up in the wrong hands, and simplifying the estate process for loved ones.

Brian Preston and Bo Hanson from The Money Guy Show share a nine-step financial order of operations for achieving FIRE. They discuss building emergency reserves, paying off debt, hyper accumulation, and debunk mortgage myths. The episode covers why a $1,000 emergency fund is not enough and the importance of making smart financial decisions to reach financial independence.

Learn how Erich became a millionaire and achieved financial independence in just six years through real estate investments. Discover the secrets to finding rare deals on the MLS, maximizing profits from fixing and flipping houses, and why buying 'grandpa's house' is a wealth-building cheat code. Get inspired to start your own FIRE journey with tips on building a real estate portfolio and reaching financial freedom sooner than you think!

Guest Gabe Bult shares how he achieved financial independence at 25 through frugal living and minimalism. Topics include saving $25,000, house hacking, starting a business, and the importance of sacrifice, education, and discipline in achieving financial freedom.

Learn about small business taxes for beginners, LLC benefits, tax deductions, and audit risks from a real estate-focused CPA. Discover how business structure affects taxes, when to pay quarterly taxes, and which deductions could save you money. Get valuable insights on navigating tax audits for real estate investors and the importance of professional tax assistance.

Guest Jackie Cummings Koski retired 15 years early on an average salary, raising her daughter solo and hitting a million-dollar net worth without a big paycheck or investing experience. She shares tips on reaching financial independence without advantages, the basics of stock investing, and the importance of diverse income streams. Jackie's journey from a low-income upbringing to breaking the cycle of poverty through financial literacy is a testament to the power of determination and smart financial decisions.

Learn about managing bank accounts, investing in real estate, and early retirement strategies in this beginner-friendly personal finance podcast. Discover tips on diversifying investments, utilizing the 4% rule, and navigating stock picks for financial independence.