Four Tips to Avoid FIRE Burnout
Becoming a FIRE (Financial Independence, Retire Early) fanatic comes with a few key stages—and I want to offer some advice for the most grueling one of all: the slow, slow…
Personal Finance
Strong personal finance and financial literacy lays the groundwork for much investing and business success. Here, you'll find hundreds of articles written by personal finance experts on topics like saving, earning more, and investing. A strong knowledge of personal finance can seriously expedite your real estate investing career. A great credit score, some cash in the bank, and strong stable income can be invaluable assets for those looking to begin or add to their real estate portfolio. For a more in-depth discussion and debate about best practices in personal finance, you may want to check out the Personal Finance Forum.
No 401(k)? No Problem—Smart Retirement Strategies for the Self-Employed
When you’re self-employed, you gain flexibility, freedom, and control over your income—but you also lose something many full-time employees take for granted: access to employer-sponsored retirement plans like a 401(k)…
Three Things I Learned About the FIRE Community While Hosting a FIRE Cruise
I went to my first FIRE meet-up in 2018 in Denver, Colorado. It was so amazing to meet like-minded people and learn a lot about what people felt was and…
Check Your Credit Card Statements EVERY Month
Your credit card company very helpfully sends you a list of every single item charged to your credit card. This is called a statement, and it comes every month. Are…
It’s Wedding Season! Here’s How to Survive It Without Going Broke
It’s the start of wedding season! Have you been to a wedding? I am going to assume the answer is “yes.” I can confidently say that the goal of someone…
Yes, the Middle-Class Trap DOES Exist
Recently, I was a guest on the ChooseFI podcast, Episode 543, to talk about the Middle-Class Trap, a term Scott Trench and I have coined on the BiggerPockets Money Podcast,…
Your Money Guide to Financial Independence
Finances can be like New Year’s resolutions; we have the best of intentions but then get lost in how to actually achieve our goals. I know when I am unsure…
This Investor Has $1.8 Million Trapped in Real Estate Purgatory
Below is an email transcript from a BiggerPockets Money listener who sent me a message about their personal financial situation and wanted my insights. We’ve used AI to edit the…
Q&A: Early Retirement Doesn’t Equal “Done”—It’s a Pivot
Below is an email transcript from a BiggerPockets Money listener who sent me a message about their personal financial situation and wanted my insights. We’ve used AI to edit the…
5 Investments You Can’t Hold in an IRA
Real estate investors are increasingly looking for ways to grow their portfolios, and self-directed IRAs offer a way to invest in real estate while deferring or even eliminating taxes on…
Q&A: How Someone Who’s Nearly a Millionaire Can Enjoy the Benefits of Their Portfolio Sooner
Below is an email transcript from a BiggerPockets Money listener who sent me a message about their personal financial situation and wanted my insights. We’ve used AI to edit the…
Freedom at 40 or Fortune at 65? Escaping the Middle-Class Trap and the Trade-Off Between Early Retirement and Maximum Wealth
Achieving financial freedom in your 30s or 40s may come at the cost of maximizing your tax-advantaged wealth at 65. Many high earners follow traditional financial wisdom—maxing out 401(k)s, holding…
7 Barriers Keeping You From Financial Freedom (and How to Break Through Them)
What’s the point of earning a high income—or running a successful business—if your hard work doesn’t lead to freedom? For many of us, financial independence feels like an uphill climb.…
