Financial Independence: How Much of Your Income Do You Need to Save?
Can you reach financial independence and retire within the next 10 years? Yes, but it would take a huge savings rate. I’ve never subscribed to the idea of retiring at…
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.
What is the 50/30/20 Rule for Budgeting?
If you’re not into traditional budgeting, where you place all of your spending into rigid categories, then the 50/30/20 rule might be for you. This method of financial management is…
Reduce Your Taxes with Short-Term Rental Properties
Not sure what to do about taxes as a short-term rental investor? Let’s go over how to minimize taxes from your short-term rental investments.
Personal Finance is Personal: Mindy Falls Off the Budgeting Bandwagon (and Learns a Few Lessons From It)
Sticking to a budget is tough, and it only got more difficult for Mindy in February. Here's what happened.
6 Smart Ways to Outsource Your Liability
If you aren’t careful, you can end up overpaying on your premiums—or even end up paying for policies that you don’t need to pay for. It happens to a lot…
5 Classes Your High Schooler Should Take to Start on the Right Financial Footing
As real estate investors and financial freedom chasers, we learn and grow and achieve. And as we find success, many of us wonder, “What if I would have known all…
How to Make Extra Money in 2022: 21 Ideas for Part-Time Gigs & Side Hustles
Here are over 20 ways 15- to 25-year-olds can increase their income. Whether you're searching for a part-time job working for someone else or a side hustle working for yourself,…
How to Eliminate Fees From Your Portfolio in Two Simple Steps
"It's not what you make, but what you keep" is an important adage—but it refers to a lot more than your savings. Here's what you should know.
5 Real Estate-Related Jobs for Students in a Post-Pandemic World
As Coronavirus restrictions begin to ease, it can be complicated (and intimidating) for young people to get started in real estate investing. Luckily, these real estate-related jobs for young people…
Personal Finance is Personal: Mindy Tracks Last Month’s Budgeting Wins, Errors, and Extra Expenses
As it turns out, budgeting and tracking spending aren't as easy as we make it sound on the BiggerPockets Money podcast. Who knew?!
4 Simple Steps for Less Money Stress in Real Estate Investing
Whether you’re a first-time investor or you have a portfolio of properties, there are four simple steps you can take to have total control over your cash flow.
How to Eliminate Your Debt and Start Building Wealth in Two Simple Steps
Debt and interest charges are not created equal. As such, you need a smart, math-based approach, like the Cash Flow Index, to help you make a decision on which debt—and…
Active or Passive? How to Benefit from Both Management Styles in Your Portfolio
For decades, a fierce debate has been raging in investing circles: Which is better, active or passive management?
