{"id":113368,"date":"2019-07-18T13:14:51","date_gmt":"2019-07-18T19:14:51","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=113368"},"modified":"2024-02-24T13:12:41","modified_gmt":"2024-02-24T20:12:41","slug":"break-cycle-being-broke","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/break-cycle-being-broke","title":{"rendered":"3 Reasons You&#8217;re Broke (&#038; How to Break the Cycle!)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There are only three reasons anyone is ever broke. I\u2019m going to break them down for you and show you how to get out of being broke\u2014forever.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Honestly, I was broke for most of my 20s. In fact, for a time, I was spending way more than I was making, and I really dug myself deep into <a href=\"\/renewsblog\/2015\/07\/29\/invest-real-estate-bad-credit\/\" target=\"_blank\" rel=\"noopener noreferrer\">credit card debt<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It wasn\u2019t fun.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But I climbed out. And now, looking back, I\u2019m able to see what caused the problem. I can also what helped me out of it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are living paycheck to paycheck, are constantly broke, and are struggling to stay above water\u2014and you are ready to start living differently\u2014here\u2019s what you need to do. <\/span><\/p>\n<h2>3 Simple Steps to Stop Being Broke<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/7AW4YVFlOCo\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Being broke has three possible causes. Not four, not two\u2014three! In all reality, it\u2019s probably caused by a combination of all of them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So I\u2019m going to discuss each cause, one at a time. Let\u2019s get started.<\/span><\/p>\n<ol>\n<li>\n<h3><span style=\"font-weight: 400;\"> Not Enough Income<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Several years ago, in my late 20s, a close friend told me how much money he made that year, and I was blown away.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I thought, &#8220;How can someone in their 20s be making so much?!&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But two years later, I made that same amount. In two years, my income more than quadrupled.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How? <\/span><span style=\"font-weight: 400;\">I am 100 percent a believer in the idea that you are the average net worth of your five closest friends or associates. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, I didn\u2019t make all that money from real estate. Some was from cash flow, some from <a href=\"\/renewsblog\/2014\/01\/07\/flipping-houses\/\" target=\"_blank\" rel=\"noopener noreferrer\">flipping<\/a>, some from <a href=\"https:\/\/www.biggerpockets.com\/store\" target=\"_blank\" rel=\"noopener noreferrer\">selling books<\/a>, some from other random side projects. But I attribute a lot of it to my friend telling me how much he\u2019d made.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Everyone has an internal thermostat that defines how much money they should earn. When they earn more, they subconsciously decrease their efforts. When they slip below it, they hustle (subconsciously or otherwise) to make up the difference. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, when my friend told me he made $500,000, my thermostat rose to his level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you really want a mind-blowing thought (at least it was for me), Brian Tracy, author of <em><a href=\"https:\/\/amzn.to\/2xT5VOC\" target=\"_blank\" rel=\"noopener noreferrer\">The Psychology of Selling<\/a><\/em> says that the internal income thermostat is set by how much your dad earns.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mind blown. <\/span><span style=\"font-weight: 400;\">My internal thermostat had been set by my dad\u2019s income, and I had no idea. It wasn\u2019t until I recognized that internal limitation that things began to change.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-108784 size-full\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/03\/empty-wallet.jpg\" alt=\"woman holding wallet open showing no money\" width=\"702\" height=\"336\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/03\/empty-wallet.jpg 702w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/03\/empty-wallet-300x144.jpg 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Of course, getting more income is not as easy as just turning up the thermostat. You still have to do the work.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When talking about making more money, we have to differentiate between two types of people. Some people have the ability to earn more money by working harder and smarter (for example, <a href=\"\/renewsblog\/2015\/12\/04\/how-to-become-a-real-estate-agent\/\" target=\"_blank\" rel=\"noopener noreferrer\">a real estate agent<\/a>, a salesperson, or a small business owner). Others, though, get paid a certain amount because that\u2019s just what they get paid\u2014like teachers, firefighters, and police officers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, let me speak to those careers without a serious income cap. Let\u2019s say you are a real estate agent, and you want to start investing in real estate. It helps to have plentiful income or savings when you go to do a real estate deal. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are currently broke, I actually wouldn\u2019t necessarily recommend that you start investing in real estate; instead, I\u2019d probably encourage you to get \u201cun-broke\u201d by focusing on the agent side of things. After all, is it easier to start generating an extra $1,000 a month from a brand new venture or something you\u2019ve been doing for years?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So to continue this real estate agent example, how can a real estate agent increase their current income? Here are a few ideas:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Read every book on becoming a successful agent.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Wake up at 4 a.m. each day to work on personal development skills.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Take other successful agents out to lunch.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Find the daily processes that will help you increase your real estate sales within the next six months. Maybe that means making 100 cold calls a day. Maybe it means spending five hours a day knocking on doors. Whatever it is, find the process and stick to that. The results will take care of themselves.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Forget small goals like \u201cincrease my commissions by 10 percent.\u201d Instead, think, &#8220;How can I quadruple my sales volume this year?&#8221; Bigger questions lead to bigger results.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Of course, this was an example just for real estate agents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But what if your job doesn\u2019t allow you to make more money? Maybe you are a stockbroker, a fisherman, an insurance agent, a high school teacher. If you want to earn more income, you will likely have to look outside your job to discover ways you can add value to the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes, value. That\u2019s how you make money.<\/span><\/p>\n<p><strong><em>Related<\/em><\/strong><em>: <a href=\"https:\/\/www.biggerpockets.com\/blog\/side-hustles-save-money-first-deal\" target=\"_blank\" rel=\"noopener noreferrer\">16 Side Hustles to Help Save Money for Your First Deal<\/a><\/em><\/p>\n<p><span style=\"font-weight: 400;\">So, maybe you are a math teacher, and you make $50,000 per year but have no ability to earn more. That\u2019s it. What skills can you provide to the world that people may pay for? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">How about tutoring? Could you create a math tutoring program that helps kids improve their math skills? <\/span><span style=\"font-weight: 400;\">Or perhaps you can create a simple online course that teaches a certain math concept.\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Or maybe you\u2019ll do something that has nothing to do with math but involves something else you are passionate about. Maybe you start a roofing business or a carpet business on the side.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut Brandon,&#8221; you say, \u201cI don\u2019t know how to lay carpet.\u201d Gee, you\u2019re right. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If only there was a place you could go online that has over a billion videos that explain how to do pretty much anything you\u2019ve ever want to know&#8230;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And if only that video site was free to access 24\/7 on your computer or smartphone or whatever&#8230;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Oh, wait! I think <em>Game of Thrones<\/em> starts soon. I\u2019d rather go do that.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kidding aside, the the point is there are always ways to make money. In fact, making money is a skill that anyone can master, but few do.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Everyone has an excuse for why they can\u2019t make more money, but those excuses generally boil down to one thing: laziness and an unwillingness to learn. I\u2019m not saying that everyone is lazy, but they are lazy when it comes to learning how to make money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So get out there and start reading books on how to make money. Watch YouTube videos. Intern under someone. Start practicing. <\/span><span style=\"font-weight: 400;\">Like any skill, the more you learn and the more you practice, the better you\u2019ll become.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, all that said, earning enough money is rarely the problem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes, that\u2019s correct. Most likely, you already earn enough. The problem is likely how much you spend.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-108817 size-full\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/03\/talking-on-cell-phone.jpg\" alt=\"woman in maroon shirt and yellow sweater talking on a cell phone while going over notes on a notepad\" width=\"702\" height=\"336\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/03\/talking-on-cell-phone.jpg 702w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/03\/talking-on-cell-phone-300x144.jpg 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n<ol start=\"2\">\n<li>\n<h3><span style=\"font-weight: 400;\"> Too Many Expenses<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">When most people say they are really broke, I tend to wonder which of the following they currently pay for (and I don\u2019t meant to judge\u2014we all pay for things we want):<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Car payments<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Netflix\/Hulu memberships<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Magazine subscriptions<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Restaurants<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Pre-packaged foods<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New clothing<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bottled water<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Smartphones (and data plans)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Vacations<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cable TV<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Again, not all of these expenses are bad. But many people I know who are super broke spend their money on not just one or two but dozens of things that they could likely cut out in order to save hundreds (if not thousands) of dollars each month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBrandon,\u201d you complain, \u201cyou can\u2019t seriously be telling me to get rid of my iPhone, are you!?\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes. If you are broke, you have no business owning an iPhone. That is, unless you don\u2019t mind being broke.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut I\u2019m so much more productive with my iPhone!\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No, you aren\u2019t. But that\u2019s beside the point. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019d be much more productive with a team of two hundred personal assistants, but you can\u2019t afford them and you can\u2019t afford a fancy phone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And it\u2019s not just fancy phones. It\u2019s everything! Let\u2019s take a look at a couple more common (and expensive) monthly payments: car loans and house payments.<\/span><\/p>\n<p><strong><em>Related: <\/em><\/strong><em><a href=\"https:\/\/www.biggerpockets.com\/blog\/extreme-ways-to-save-money\" target=\"_blank\" rel=\"noopener noreferrer\">14 Extreme Ways to Save (for Those Hungry for Money to Invest)<\/a><\/em><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut, I need a nice car to get to work; I don\u2019t want a junker car I\u2019m going to have to fix up. So that\u2019s why I have this big car payment.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The problem with this thinking, though, is that it assumes there are only two options: <\/span><span style=\"font-weight: 400;\">get a cheap car and it will break down, <\/span><span style=\"font-weight: 400;\">or <\/span><span style=\"font-weight: 400;\">buy a nice car with a car payment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But there is an enormous middle ground! A person can definitely get a car for $3,000 that won\u2019t break down every month. And if you do have to fix stuff, I can almost guarantee it\u2019ll be cheaper than the $400-per-month car payment that most people carry around.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The same applies for house payments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut my wife\/kids\/family deserve to live in a nice place. After all, I don\u2019t want them to get shot!\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I\u2019m sure you do feel that they deserve nice stuff; but again, there is a middle ground. I\u2019m not suggesting that a person goes to live in an unsafe neighborhood, where their family might get murdered for crossing the street. But I am suggesting that there are a lot of nice, blue-collar neighborhoods where a person could rent. (It\u2019s true. I don\u2019t believe everyone should own their home, especially if it\u2019s cheaper to rent.)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In my early 20s, when I realized I had a major spending problem, I went and lived in a church parsonage (the little house next door where the pastor usually lives) for free in exchange for doing the labor and fixing the place up. Yes, it was a sacrifice. But the year I spent there helped me stabilize my life and build a more financially secure foundation. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Did my wife deserve to live in a nicer home with air conditioning and a garage? Of course, emotionally I want to say yes. But to be honest, we didn\u2019t deserve it yet because we had not earned it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Last year, however, I bought my wife her dream home with the most incredible view I\u2019ve ever seen, because finally we\u2019ve earned it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, let\u2019s move on to the third (and most important) reason most people are broke. They don\u2019t manage their money correctly.<\/span><\/p>\n<ol start=\"3\">\n<li>\n<h3><span style=\"font-weight: 400;\"> Poor Money-Management Skills<\/span><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Finally, understand that the reasons above can affect every person, no matter what income level they find themselves in. I know people who earn $300,000 a year who are just as broke as people I know earning $12,000 per year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is because it\u2019s not what you earn nor what you spend. It\u2019s how you manage it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the primary reason I was so broke. I didn\u2019t stop to manage my finances with the same degree of care that I was managing my <a href=\"\/renewsblog\/2013\/01\/04\/how-to-rent-your-house\/\" target=\"_blank\" rel=\"noopener noreferrer\">rental properties<\/a>. I just spent what I wanted with my magic debit card and just let myself do what I wanted to do.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This was a bad idea. <\/span><span style=\"font-weight: 400;\">Money must be managed by you or it will rule over you, causing you to always play defense and live reactively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Good money management is about knowing what money is coming in, what money is going out, and making sure that the latter is less than the former. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Good money management is about knowing what you have spent money on, so that you can make informed decisions on what you should spend money on. It\u2019s about working with your spouse or significant other to establish boundaries and guidelines for how money should be spent.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-84132 size-full\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/12\/budget.jpg\" alt=\"budget\" width=\"702\" height=\"336\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/12\/budget.jpg 702w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/12\/budget-300x144.jpg 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n<h2>How to Get Better at Money Management<\/h2>\n<p><span style=\"font-weight: 400;\">I would recommend three things to begin developing better money management:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"><strong>Know Where You Are at Right Now.<\/strong> Sit down and look at your finances over the past month and place every expense into a category. How much do you spend on rent\/mortgage? How much do you spend dining out? What about car payments? How much income is coming in? Take a look at the past three months to get an idea of where you mostly spend. I\u2019d recommend using Mint for this task, as it\u2019s much easier (and prettier) than staring at spreadsheets. And it\u2019s free, so that\u2019s a win.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Establish a Budget.<\/strong> I know, everyone talks about budgeting. I know you know that you should have a budget. But do you? And more importantly, are you sticking with it? Set up weekly appointments with your significant other or with an accountability partner to go over your finances at least once a month (if not more). Make sure you keep yourself on track.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Automate Your Savings.<\/strong> Finally, be sure to place a line item in your budget for saving part of your income. Even if you are just saving $5 a month, do it. And increase it over time. Challenge yourself to see how high you can get. And don\u2019t rely on yourself to remember to set aside money for savings. Automate it. Most bank accounts give you the ability to set up automatic transfers to a savings account. Do that today. Like, right now. I\u2019ll wait.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Once you have a firm handle on your money management, you can further improve your life by increasing your income and\/or further decreasing your spending. For example, if you are able to get on a budget and essentially break even (aka living paycheck to paycheck), every extra dollar you make or save will help you reverse your broke status.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Shut off your cable TV. Take that $75-plus, and add it to your automatic savings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Downgrade to an old-fashioned, 2004-style flip phone. Save the $50 a month, and add it to your savings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Start driving for Uber in the evenings, and bring in another $500 a month. Add that money to your savings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Do what you gotta do.<\/span><\/p>\n<h2>The Bottom Line<\/h2>\n<p><span style=\"font-weight: 400;\">So, are you ready to stop being broke? Are you ready to stop living paycheck to paycheck? Are you ready to stop stressing about paying your next bill?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Then recognize that you being broke is 100 percent your own fault. But it\u2019s also 100 percent within your ability to fix. Get to work fixing it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Clean up your finances with better money management, decrease your spending with sacrifice, and start earning more through hustle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By effectively combining these three steps, you\u2019ll never be broke again.<\/span><\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/webinars\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-91217\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2017\/08\/blog_ads-01.jpg\" alt=\"\" width=\"700\" height=\"85\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2017\/08\/blog_ads-01.jpg 700w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2017\/08\/blog_ads-01-300x36.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p><em>Are you broke? What are you doing about it? Do my strategies for escaping the paycheck to paycheck cycle sound doable? Why or why not?\u00a0<\/em><\/p>\n<p><strong>Let&#8217;s discuss in the comment section below!<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are only three reasons anyone is ever broke. I\u2019m going to break them down for you. If you are living paycheck to paycheck, are constantly broke, and are struggling to stay above water\u2014and you are ready to start living differently\u2014here\u2019s what you need to do to fix your entire financial situation. <\/p>\n","protected":false},"author":710,"featured_media":113371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7397],"tags":[],"class_list":["post-113368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saving"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/113368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/710"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=113368"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/113368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/113371"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=113368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=113368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=113368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}