Want to know how to travel for FREE in 2024 and 2025? We’re about to introduce you to the magical world of travel hacking. Never heard of it before? You’re about to have your mind blown. Travel hacking is one of the best ways to turn your everyday spending into free trips, hotel stays, business-class flights, and more. And if you’ve ever wondered how to get into those fancy airport lounges or snag yourself a lie-flat seat next time you’re headed across the Atlantic, this is the episode for you!
Eli Facenda, a travel hacking expert, joins us on this episode to share the beginner's guide to traveling for free. Eli is so good at travel hacking that he started his own consulting agency to help business owners turn their regular expenses into first-class travel wherever they go in the world. Today, he’s sharing his favorite travel credit cards, tips to fly for FREE for the next four years, the biggest credit card point mistakes, and beginner wins to get you your next trip for free.
We’ll also touch on the unbelievable rewards you can get from travel hacking, such as $1,000+/night hotel rooms for free or even a visit to Richard Branson’s private island, ALL through credit card points. Say goodbye to flying coach; these credit card tips will upgrade not only your wallet but your entire trip!
In This Episode We Cover
The best beginner credit cards to start earning points TODAY
How to travel for FREE for the next four years with Southwest’s “Companion Pass”
Why you should NEVER take cash back for your credit card points (do THIS instead)
The most bang-for-buck points transfers that’ll get you exceptional hotel stays for free
Biggest beginner mistakes that’ll cost you when trying to travel hack
How to fly to Europe in business class THIS YEAR with just 50,000 points
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 BiggePockets
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Podcast Talent Search!
Find an Investor-Friendly Agent in Your Area
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Cards Mentioned in Today’s Show:
Amex Gold
Amex Platinum
Barclays American
Capital One Venture X
Chase Freedom
Chase Sapphire Preferred
Citi American
Costco Card
Hilton Aspire
Southwest Credit Cards
Resources Mentioned in Today’s Show:
AwardWallet
CardPointers
LoungeBuddy
Max Miles Points
One Mile at a Time
TripIt
Upgraded Points
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-514
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Mar 25
47 min
Please be advised: this podcast episode contains discussions about sensitive topics, including suicide, which may be distressing for some listeners. If you are experiencing thoughts of suicide or emotional distress, help is available. You can contact the National Suicide Prevention Lifeline by dialing 988 to connect directly with trained counselors who can provide support and assistance 24/7.
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Could you be ensnared in an elaborate Ponzi scheme? According to today’s guest, cases of financial fraud are MUCH more common than the average investor suspects. Tune in to learn how to protect your nest egg rather than leave your financial future in the hands of untrustworthy people!
Welcome back to the BiggerPockets Money podcast! Today, we’re sitting down with investment fraudster turned anti-fraud advocate, James Brandolino. In 2003, James set out to start his own hedge fund, pooling over three million dollars from friends and family. But one “down” month was the catalyst for eight years of fraudulent activity—a Ponzi scheme that included lying to investors, mailing false statements, and pulling money from the fund to keep the lights on. When the guilt became too much to bear, James turned himself in and has since committed his life to warning investors about the real threat of fraud.
In this episode, James shares his whole story—from starting his fund to serving six years in prison. He talks about common “red flags” to look out for when investing and the importance of due diligence when something seems off. Of course, fraud is prevalent in the real estate investing space as well. Stick around for tips on avoiding real estate scams and how to vet a syndication partner before entrusting them with your money!
In This Episode We Cover
How this former fraudster built a $3.8 million Ponzi scheme
How to prevent investment fraud from happening to YOU
The most common fraud “red flags” to watch out for
How to properly vet someone before entrusting them with your money
Investment fraud in real estate syndications (and how to avoid scams!)
Using your own network to help uncover fraudulent activity
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-513
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Mar 21
54 min
Has the job market finally flipped? Throughout most of the pandemic, it seemed that any and every worker was a hot commodity. Job-hopping was the new norm as businesses outbid each other to get the best talent. Now, thanks to rising interest rates, a slower economy, and a return to the office, it seems that employees don’t have the same negotiating power they did just a couple of years ago, and the new jobs numbers are showing this.
Welcome to a new type of format on the BiggerPockets Money podcast—a headlines show! We’re taking some of the top news stories from the world of personal finance and the overall economy and giving you our takes so you can make better money decisions. First, a strong jobs report comes in, but unemployment still rises as Americans find it harder and harder to get the job they want. Are employers back in control after years of workers owning the market?
Then, we’ll touch on the latest inflation numbers and why costs are rising even as work becomes less available. Student loan borrowers receive a huge win as getting their debt discharged during bankruptcy becomes even easier. This could cause significant ripple effects for which degrees become financeable in the future! Finally, a 529 plan update that now gives parents a HUGE reason to invest in their child’s future education.
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-512
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Mar 18
33 min
Could one side hustle help you pay rent, save money to invest in real estate, or reach financial independence? Today’s guest picked up the perfect hobby that combines his background in art and love for home décor. The best part? It allows him to make extra money each month!
Welcome back to the BiggerPockets Money podcast! Because Kyle William earns a modest salary in an expensive city, there’s no room for new furniture and décor in his budget. However, he has found a way to not only fully furnish his apartment without paying top dollar but also turn this passion into a profitable side hustle. In his spare time, he scours the web for items that people no longer value, uses his artistic eye and do-it-yourself (DIY) skills to restore them to peak condition, and then flips them online for a hefty profit!
Could you turn your own passion into a money-making side hustle, too? Whether you’re interested in flipping furnitureor another hobby altogether, tune in as Kyle shares where to find unwanted items, the best DIY skills for beginners, and how to cash in on your hard work!
In This Episode We Cover
The DIY side hustle Kyle uses to cover his rent (and improve his home!)
How to start your own furniture flipping side hustle
The best places to find valuable used items that can be recycled
Beginner do-it-yourself (DIY) skills that YOU can learn today
Kyle’s best home decorating hacks for thrifty creatives
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Make an Extra $100/Day with These Work-From-Home Side Hustles
How Anyone Can Easily Make Extra Money Using Side Hustles with Nick Loper
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-511
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Mar 14
40 min
Morgan Housel’s ground-breaking book, The Psychology of Money, changed how many Americans thought about saving, spending, and investing. Through a collection of financial lessons, Morgan opened up new thought patterns for many of us, showcasing that getting rich isn’t as complicated as you might think, but staying rich can be the actual challenge. Now, this personal finance powerhouse is back with a new book, Same as Ever.
In Same as Ever, Morgan doubles down on what has, and most likely always will, work in the personal finance world. By showcasing some of the most commonly repeated financial events of the past, we can better shape our understanding of what will happen in the future and use history to our advantage to build even bigger wealth, enjoy our lives even more, and not repeat our past mistakes.
But this episode goes much deeper than that. We talk about why so many Americans will die without building wealth, why people are afraid to invest, when to spend your wealth once you’ve built it, and exactly how Morgan invests his own money. Plus, why getting rich isn’t your biggest concern—staying rich is.
In This Episode We Cover
Why Morgan thinks you MUST be a “reasonable optimist” to get and stay rich
Exactly how Morgan spends, saves, and invests his own money
The real reason why most Americans will die without ever building wealth
The “competition” which is always looking to take your success from you
How to STOP being afraid of investing and start putting your future first
When to spend your wealth and why dying with riches isn’t the real goal
Financial regrets and mistakes of Morgan’s past, and advice for ANY investor
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
The Simple Path to Wealth—Index Funds Explained with JL Collins
How to Get Rich Without Investing in Real Estate
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-510
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Mar 11
52 min
If you want to make money online in 2024, good news: it’s easier than ever! Just ask today’s guest, who had to bootstrap his online business before you could launch a business with little to no startup costs. If you have an entrepreneurial spirit and need a little inspiration to get your next business idea rolling, this episode is for you!
Welcome back to the BiggerPockets Money podcast! Today, we’re joined by serial entrepreneur Omar Zenhom from The $100 MBA Show. For many years, Omar worked as a full-time educator while nurturing his fledgling businesseson the side. Naturally, many of them didn’t work out. But rather than letting these failures deter him from entrepreneurship, Omar applied each new lesson to his next business venture. Eventually, he struck gold with WebinarNinja, a software company he scaled to 30,000 users before selling his business and enjoying the spoils.
Want to achieve financial freedom without being reliant on your W2 job? Stick around to learn the ins and outs of building a business from the ground up—saving money to get started, leveraging your network to scale the business, and ultimately, selling your company for a huge profit!
In This Episode We Cover
How Omar built, scaled, and SOLD a multimillion-dollar SaaS (software as a service) company
How to start your own online business from square one
Why teaching is the ultimate skill you NEED to develop for business
The pros and cons of bootstrapping versus raising capital
Leveraging your network to help grow and scale your company
Preparing to sell your business (and how to exit successfully!)
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
The Digital Nomad’s Guide to High-Income Skills and Making Money Online
Humphrey Yang: How to Save $100, Quit Your Job, and Build a Business
How I Turned My Tiny Side Hustle into a Multi-Million Dollar Business
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-509
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Mar 7
40 min
Can you really be a one-income family in 2024? Not if you don’t know how to budget! To achieve her money goalswhile living on a single middle-class income, Emy knew she had to take control of her finances and seize any opportunity to save money. Single or married, you’ll learn to do the same in this episode!
Welcome back to the BiggerPockets Money podcast! Today, we’re chatting with budgeting coach Emy Lee, who was able to achieve her lifelong dream of being a stay-at-home mom by cleaning up her family’s finances. Of course, this was no easy feat. Growing up, Emy was taught very little about personal finance. It was only after shifting her mindset, creating a budget, and building smart money habits that she was able to make raising a family on one income a reality.
In this episode, Emy shares some of her top budgeting tips—from saving money on groceries to avoiding common spending triggers. You’ll also learn about the 50/30/20 rule that makes budgeting easy, the “spendfluencing” problem to be mindful of when scrolling through social media, and the budgeting hack people with irregular income can use to keep their finances in order!
In This Episode We Cover
How Emy raises a family on a single middle-class income
Lowering your grocery bill each month with simple shopping hacks
The “carryover” fund that people with variable income MUST have
How to avoid “spendfluencing” pitfalls on social media
The most common spending triggers (and how to combat them!)
Creating a realistic budget for your family using the 50/30/20 rule
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Slash Your Food Budget by $150+ Per Week with EASY, Healthy, and Tasty Meals
Food Spending Eating Away at Your FI Plans? Here’s How to Eat for Cheap
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-508
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Mar 4
39 min
Everyone wants to reach financial independence as soon as possible. But if you really want to get on the path to early FI, you’ve got to start making savvy money decisions TODAY. And we’ve got a few tips, tricks, and tools that will help you out!
Welcome back to the BiggerPockets Money podcast! In this episode, Mindy and Amanda Wolfe are fielding questions from the r/PersonalFinance subreddit and delivering their best money tips for scenarios that YOU could easily find yourself in. First, we get into 401(k) accounts and some of the different ways to transfer funds when you leave your employer. We also go over some of the different strategies for budgeting, investing, and saving money that will help you reach financial freedom early.
But that’s not all! If you live in an area with a competitive housing market, we discuss whether you should ever waive a home inspection to help sweeten your offer. We even talk about the idea of buying a house outright versus going the route of a traditional mortgage. Is a large car payment thwarting your path to financial freedom? Stay tuned for a few creative ways to get rid of that bad debt for good!
In This Episode We Cover
Tips and tricks to help you reach financial independence early
What to do with a 401(k) account from a previous employer
Buying your home outright versus getting a traditional mortgage
Whether you should ever waive your home inspection when buying a house
Creative ways to eliminate car debt (and save thousands in the process!)
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
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
The Millionaire Fast-Track: How to Hit Financial Freedom Before 30
How to Pull Yourself Out of Car, Student, or Credit Card Debt
Fidelity Investments
She Wolf of Wall Street Website
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-507
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Feb 29
44 min
After tremendous research, the “MoneyType” quiz was finally released. All you need to do is answer some basic questions, and in a matter of minutes, you’ll know your biggest financial strengths and burdens, the money traps you could fall into, and how to use your own money “gift” to make your life, and your loved ones’ lives, even better. But before you write off the MoneyType quiz as just another personality test, we can tell you from personal experience it’s shockingly accurate.
And there’s no one better to talk about the MoneyType process than the co-founder of HerMoney and co-creator of the MoneyType personality quiz, Jean Chatzky. Jean’s team tested the MoneyType process on hundreds of people, uncovering the core personality traits that could make you a producer, visionary, nurturer, independent, or connoisseur, and what to do once you know what MoneyType you are.
In today’s show, Mindy and Scott share their results from the quiz as Jean walks through each of these financial archetypes in detail. You’ll learn what strengths each archetype has, the financial pitfalls they easily fall into, the gifts they can use to empower themselves and others, and the financial pleasures each type lives for. Plus, you can take the MoneyType quiz completely for free here!
In This Episode We Cover
The five financial archetypes and the pros, cons, and pitfalls of each of them
Mindy and Scott’s most prominent MoneyType (and how it led them to financial success)
The “sabotage” points of each personality that could lead to HUGE financial problems
Using your MoneyType to set up financial “guardrails” in your life and protect against your personality’s downsides
Using your MoneyType to understand your partner, family members, and friends more
Mindy’s two-percent MoneyType match that proves why it’s SO hard for her to spend money
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Take the Free MoneyType Quiz
Understanding How Your Personal Money Story Shapes Your Financial Future w/Jean Chatzky
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-506
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Feb 26
42 min
Most financial advisors aren’t what they seem. They paint themselves as stewards of your financial security, carefully analyzing every investment they put your money into. But that’s far from the truth. Many financial advisors simply use you to make a quick buck, leaving you worse for wear when it comes to retirement. So, how do you find a financial advisor who will actually help you build wealth without filling their own pockets at your expense? We’re about to give you the roadmap to finding the perfect financial advisor.
We’re back with Jeremy Schneider, the bootstrapped founder who became an overnight millionaire thanks to a decade of tough decisions. This time, Jeremy shares about the world of financial advising, ranking the types of advisors from worst to best and sharing why that life insurance policy might be a BAD financial decision.
If you’re struggling to find financial advice from a neutral third party who truly wants the best for your finances, this is the episode to listen to. Jeremy talks about the two financial advisors to never trust, the costly difference between fee-based and fee-only advisors, the financial “meth” that could cost you in the long run, and exactly where to find a financial advisor that truly works for YOU.
In This Episode We Cover
The four types of financial advisors and the two you MUST stay away from
Fee-based vs. fee-only financial advisors and why you CANNOT afford to mix these up
The “whole life insurance” scam that’s trapping many Americans with false financial promises
The sneaky commissions financial advisors make that you have no idea about
One place you can go to find trusted financial advisors with NO strings attached
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 BiggePockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Money Moment
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Past Episodes Mentioned in Today’s Show:
Michael Kitces
A Purple Mom
Life Insurance (Joe Saul-Sehy)
Whole Life Insurance (The White Coat Investor)
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-505
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com
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Feb 22
28 min
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