{"id":162353,"date":"2023-11-15T14:41:50","date_gmt":"2023-11-15T21:41:50","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=162353"},"modified":"2023-11-16T08:53:23","modified_gmt":"2023-11-16T15:53:23","slug":"benefits-of-a-high-savings-rate","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/benefits-of-a-high-savings-rate","title":{"rendered":"7 Hidden Benefits of a High Savings Rate (Beyond Building Wealth Fast)"},"content":{"rendered":"\n\n      <iframe frameBorder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC5024235622&#038;light=false\"\r\nwidth=\"100%\"><\/iframe>  \n\n\n\n\n<p><span data-preserver-spaces=\"true\">A high savings rate creates a virtuous cycle of building wealth fast: You start stacking up&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/raking-in-passive-returns-in-real-estate-without-volatility\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">passive income<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;streams, each of which adds more freedom to your life.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This all sounds great in vague, theoretical terms. But exactly how does that virtuous cycle work? What hidden benefits do you start seeing as you build wealth and passive income?&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Sure, you can&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/the-math-to-becoming-a-millionaire-in-10-years\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">become a millionaire<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;relatively quickly with a high savings rate and a solid income. But go beyond the obvious, and a fascinating world of savings opens up.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Before you&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/money-308\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">overspend<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;on a house, car, or dinner out, keep these hidden benefits of lower spending and higher savings in mind.&nbsp;<\/span><\/p>\n\n\n\n\n\n\n  <div class=\"lg:block\" x-data=\"{ ad_block_block_655539a813a18: popAds(1) }\">\n      <template x-for=\"ad in ad_block_block_655539a813a18\">\n        <a\n          :href=\"ad.linkURL\"\n          class=\"no-underline text-black\"\n          x-on:click=\"adClicked('https:\/\/www.biggerpockets.com\/blog\/benefits-of-a-high-savings-rate', ad.sponsor, ad.title, ad.id, 'blockAdClicked', 'blockAd', '')\"\n          target=\"_blank\">\n          <div\n            class=\"py-4 border-b flex flex-col flex-nowrap text-sm border-t px-0 rounded-none\"\n            x-init=\"\n              analytics.track('blockAdLoaded', {\n                referrer: 'https:\/\/www.biggerpockets.com\/blog\/benefits-of-a-high-savings-rate',\n                sponsor: ad.sponsor,\n                ad_title: ad.title,\n                ad_page_location: ''\n              })\n            \"\n            x-intersect:enter.once=\"adViewed('https:\/\/www.biggerpockets.com\/blog\/benefits-of-a-high-savings-rate', ad.sponsor, ad.title, ad.id, 'blockAdViewed', 'blockAd', '')\">\n            <div><span class=\"text-xs text-slate-light block bg-slate-50 p-1 inline-block rounded-md\">Sponsored<\/span><\/div>\n            <div class=\"flex items-center text-sm space-x-4\">\n                <img :src=\"ad.imageURL\" :alt=\"ad.imageAlt\" class=\"h-10 w-10 object-cover rounded-full\">\n\n                <div clas=\"text-sm\">\n                    <span class=\"font-bold block\" x-text=\"ad.sponsor\"><\/span>\n                    <span class=\"text-slate\/80\" x-text=\"ad.description\"><\/span>\n                <\/div>\n            <\/div>\n\n            <div>\n                <span class=\"font-bold\" x-text=\"ad.title\"><\/span>\n                <p class=\"mt-2 text-slate\/80\" x-text=\"ad.body\"><\/p>\n                <span class=\"mt-2 text-themeBlue block mt-2 underline\" x-text=\"ad.linkTitle\"><\/span>\n            <\/div>\n          <\/div>\n        <\/a>\n      <\/template>\n  <\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">1. A Lower Target Nest Egg<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">If you follow the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/4-percent-retirement-rule\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">4% rule<\/span><\/a><span data-preserver-spaces=\"true\">, every dollar of annual spending requires $25 saved in your nest egg for retirement.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">For example, if you live on $80,000 per year, you\u2019d need to save $2 million for retirement. That\u2019s a tall order for most of us and takes decades to reach.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">If you drop your annual spending to $60,000, you hit the problem of retirement in two directions. First, you invest an extra $20,000 per year to compound, growing your nest egg faster.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But less obviously, it also moves the target closer. Your target drops from $2 million to $1.5 million, a $500,000 reduction.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">That shaves years\u2014potentially a decade or more\u2014off your journey to financial independence.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">2. Become an Accredited Investor Earlier<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">People love to complain that the rich have access to better investments than the rest of us.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Well, it\u2019s true, but you can blame Uncle Sam for patronizing us. The federal government regulates private equity investments to largely restrict them to&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/real-estate-accredited-investors-definition\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">accredited investors<\/span><\/a><span data-preserver-spaces=\"true\">.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">&#8220;One of the hidden benefits of building wealth fast with a high savings rate is that you pass that $1 million net worth threshold sooner,&#8221; says Rick Orford, author of&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.amazon.com\/Financially-Independent-Millennial-Millionaire-Thirties\/dp\/194338648X\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">The Financially Independent Millennial<\/span><\/em><\/a><span data-preserver-spaces=\"true\">. Indeed, being an accredited investor grants you access to the wide world of<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/money-374\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">&nbsp;private equity<\/span><\/a><span data-preserver-spaces=\"true\">. &#8220;Consider that most real estate syndications target annualized<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/rickorford.com\/apartment-syndication-heres-what-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">&nbsp;returns in the 15%-30% range<\/span><\/a><span data-preserver-spaces=\"true\">\u2014significantly higher than average stock market returns,&#8221; adds Orford.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This isn\u2019t to say that you have no opportunities to invest in private equity as a non-accredited investor. That\u2019s the entire point of the investment club that we created at SparkRental: to let non-accredited investors access real estate syndications with small amounts of money.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But clubs like ours are few and far between, and most non-accredited investors don\u2019t know how to access these group real estate investments.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">As an accredited investor, it\u2019s much easier to find reputable private equity investments. Why? Because the SEC allows sponsors to advertise investments that only allow accredited investors, unlike investments that allow non-accredited investors.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">3. Maximum Tax Benefits<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">A person who spends 100% of their income has nothing left over to invest in tax-advantaged accounts such as IRAs, 401(k)s, 529 plans, HSAs, and the like. They lose out on all of those tax benefits.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">With a high savings rate, you can take full advantage of every dollar allowed in every account type. That starts by opting into any matching contributions your employer offers, which essentially amounts to free money.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But it doesn\u2019t end there. You can max out your&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/roth-ira-beauty-and-beast\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Roth IRA<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;and potentially even a&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/solo-401k-retirement-account-investors\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">solo 401(k)<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;if you\u2019re self-employed. The list goes on, from&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/money-452\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">HSAs<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;to 529 plans to ESAs.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Oh, and you can even qualify for the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.irs.gov\/retirement-plans\/plan-participant-employee\/retirement-savings-contributions-savers-credit\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Saver\u2019s Credit<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;if your income falls below the current threshold.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The bottom line is that you build wealth even faster by losing less to taxes and investing more to compound for you.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">4. You Can Skip Life Insurance (Maybe)<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">All the nail-biters will balk at this, but hear me out.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">My wife and I live entirely on her income. We save and invest all of mine. If one of us kicks the bucket tomorrow, the surviving spouse could still pay all family bills with their income alone.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">You might object that you don\u2019t have two earners in your household, so if the breadwinner croaks, the survivor would struggle. However, a high savings rate helps you build wealth and passive income quickly, which also serves as a safety net. When the surviving spouse goes back to work, they don\u2019t have to earn the same amount that their spouse did. They just need enough active income to cover the gap between their passive income and their living expenses.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">And that says nothing of the fact that their living expenses can and would decrease.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">What do you do with the money you would have spent on insurance premiums? You invest it, of course, helping you build wealth and passive income even faster.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">5. You Can Skip Disability Insurance (Maybe)<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">The same logic applies to disability insurance. You buy it to protect against one partner becoming unable to produce income, but a high enough savings rate can make it unnecessary\u2014especially if you have two earners in your household.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Again, you can take the money you would have spent on insurance and put it toward investments, boosting your savings rate even further.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">If you\u2019re single, you may still need disability insurance or life insurance. Or maybe not, depending on how quickly you build wealth and how little you spend.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">6. You Aren\u2019t as Reliant on Your Day Job<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">The more passive income you earn, the less you rely on your job to pay your bills. You just don\u2019t \u201cneed\u201d it in the same way.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This comes with several implications and opportunities for you, and each deserves separate treatment.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Recession resilience<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">In a recession, lots of people lose their jobs. That\u2019s no picnic, no matter what, but it\u2019s a lot worse for the average person who relies on their job to cover 100% of their living expenses. For someone with a hefty investment portfolio that pays out regular passive income, it stings less.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Imagine that your passive income from investments can cover 50% of your living expenses. That doubles the length of time that you can comfortably take to find the right next job.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Better negotiating position with employers<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">That cushion, that lack of desperation, puts you in a position of power at the negotiating table. You have the luxury of not needing that job the same way typical job hunters do. That frees you to push more aggressively for higher pay, better benefits, and more flexibility.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The worst-case scenario is that they say no. The best: You earn more money or secure better benefits. One of those benefits may even include working remotely full-time, which comes with its own opportunities for saving money.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Saving more money with remote work<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Sure, telecommuting saves you money on gas. But that\u2019s just the tip of the proverbial iceberg.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">You also save money on work clothes, work lunches at restaurants, and car maintenance. In fact, it frees you to get rid of a car entirely, potentially saving you five figures each year. My wife and I don\u2019t have a car at all.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But think bigger than that: You can live anywhere in the world. That could mean a city in your home country with a lower cost of living, of course. Or you could move to another country entirely and take advantage of geo-arbitrage.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">I earn money in U.S. dollars, but I spend money in Peruvian soles most of the year. Once again, this leads to even more savings.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">One spouse can potentially stay home<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">The more passive income starts flowing in, and the less your family relies on active paychecks, the more feasible it becomes for one spouse to stay home and raise kids.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Many parents love working, of course. I certainly do. But for others, there would be no greater joy than the opportunity to become a full-time parent.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">A high savings rate and the passive income that stems from it can make that possible.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">You can pursue your dream work<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Your dream work may not pay as well as your current day job. For the average working stiff who succumbs to&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/biggerpockets-money-podcast-275\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">lifestyle creep<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;and finds ways to spend more as they earn more, that keeps them chained to their day job and prevents them from pursuing their passions.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But when you live on a fraction of your income, you don\u2019t have the same golden handcuffs. You may be able to afford to make the change right now, today.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Sure, you\u2019d take a pay cut, and that would trim your savings rate. But what of it? You\u2019ve already saved a healthy nest egg with your existing high savings rate, and it will keep compounding on its own.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Or maybe you still spend a little more than your dream work pays each month. If only you had another source of income to bridge the gap. Thank you, passive income.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">7. Less Stress Over Money<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">I\u2019m not going to get all touchy-feely on you. But here\u2019s a simple financial fact: A higher savings rate gives you more financial security, and that cuts back on your stress.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Less financial stress means fewer fights with your spouse about money. It means not panicking when life throws inevitable curveballs at you. When you get an unexpected $2,000 repair bill for your car or furnace, your reaction becomes, \u201cWell, that sucks,\u201d rather than a hyperventilating meltdown.&nbsp;&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">I can\u2019t promise you\u2019ll never worry about money again. But it becomes a vague, general sort of worry instead of an acute how-will-I-pay-my-rent panic.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">The Virtuous Cycle of Savings<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">Saving money begets more savings. Wealth begets more wealth.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Shortsighted people complain about that and see only \u201csacrifice\u201d or \u201cunfairness.\u201d Wiser people see opportunity as a clear path to building not just wealth and passive income but also freedom. They see the opportunity to design and live their own perfect lives, all for the cost of being mindful about their spending, for not just jumping into the biggest house or fanciest car they can possibly afford.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">People in the financial independence community talk about stealth wealth. It exists not in a giant house or a flashy car but in the freedom and flexibility to work remotely, part-time, or doing passion work instead of corporate drone work or not at all, in the case of parents who want to stay home with their kids or those who want to retire early.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">The higher your savings rate, the more options open up to you. That goes for your career, your investments, your tax optimization, and expenses you can avoid paying.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">So stop running on the financial treadmill and start getting more intentional about your spending.<\/span><\/p>\n\n\n\n<div id=\"hero-block_62df1a82bfc88\" class=\"first:mt-0 hero-block py-4    has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">The Money Podcast<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:16px\">Kickstart your personal finance journey with Scott and Mindy as they break down the good, bad, and ugly of people\u2019s personal money stories. From interviews with entrepreneurs and business owners to breakdowns of listener finances, you\u2019ll get actionable advice on how to get out of debt and grow your money.<\/p>\n\n\n\n<div id=button-custom-event-block_65400b52d0a76 class='button-custom-event'>\n      <a href=\"https:\/\/link.chtbl.com\/Money\" x-on:click=\"window.analytics.track(&#039;Money Podcast Blog CTA Click&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/benefits-of-a-high-savings-rate&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-slate-dark-background-color has-text-color has-white-color\" target=\"_blank\" rel=\"noopener\">Listen Now<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\" first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  shadow-xl rounded-md hidden lg:block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2021\/12\/BP_Money_podcast_square-1024x1024-1-e1660861377128.jpeg\" alt=\"\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A high savings rate will help you build wealth, sure. But it can also do a lot of other things that you might not have thought about.<\/p>\n","protected":false},"author":158586,"featured_media":162356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7397],"tags":[],"class_list":["post-162353","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\/162353","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\/158586"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=162353"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/162353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/162356"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=162353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=162353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=162353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}