A Whopping 62% of Americans Have Less than $1,000 in Savings. Really?!
Here’s a sorry statistic for you: 62% of Americans have less than $1,000 in savings. For real. GOBankingRates recently released some survey results that showcase the sorry state of the […]
View Article7 Ways to See the World and Save on Housing Costs
The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through […]
View ArticleHow I Saved 40% of My Monthly Income & Amassed $100k in Assets Living in San...
I'm not much different than you. I have a normal W-2 job that pays slightly above average. I have also been able to amass over $100,000 in under two years.
View Article14 Unusual But Possibly Brilliant Savings Tips to Net You Thousands
Looking for fresh ideas to save money? Here are 14 weird or unusual tips for saving more money each month, to invest more and build wealth faster!
View ArticleExtreme Budgeting Tips: Save Up a Down Payment Fast
You can’t (or at least shouldn’t) borrow every penny to buy investment properties—or a home, for that matter. So, you need some of your own cash in the game, like a down payment for starters. But where...
View ArticleHow to Save $50,000 in 2 Years on a Modest Salary
So, you’re ready to get serious about this whole “investing” thing. Except you keep bumping up against one nagging detail: it takes money to invest in, well, anything. Learn how to spend less in order...
View Article6 Ways to Save Money on Home Improvements This Summer
Summer is here, and the warm weather means it's the perfect time to start on those home improvements you've been putting off during the cold winter months. Here are some tips and tricks to help you...
View ArticleThe Ultimate Beginner’s Guide to Saving Money
Don't think you have the money to save, invest, or pursue your passions? Think again! This beginner's guide to saving could help you achieve all your goals, and then some.
View Article10 Finance Experts Share Painless Ways to Save $1,000
I asked my friends for their finance hacks—ways to cut expenses out of your monthly budget. Here's what a few of them had to say.
View Article5 Simple Ways (Almost) Anyone Can Save $1,000 Per Month
In this article, I'm going to share side hustles that I have done AND that I can confirm make it possible to make (and save) over $1,000 a month in a relatively short amount of time.
View Article16 Side Hustles to Help Save Money for Your First Deal
Do you know why most people cannot invest in real estate? It’s because they don’t have the money. Are you one of these people? Here are 16 ways to make money for your first investment.
View ArticleHow to Know Which College Savings Accounts Are Right for Your Family (& the...
Two of the most common types of accounts used for covering college expenses are the Coverdell Education Savings Account and the 529 Plan. Each comes with its own benefits, limitations, and tax...
View ArticleHow to Save for a Down Payment on a Teacher’s Salary
My wife and I live entirely on her teacher’s salary. We invest 100% of my income in our quest to build wealth rapidly. I won’t tell you it’s easy, but it's surely possible. If you’re in education and...
View Article3 Simple Ways to Cut Back & Save Money Without Feeling Deprived
Plenty of people say, "I just can't go without!" If you're one of those people, but still want to find ways to save money, consider these tips.
View Article6 Money Lessons to Teach Kids at Home During Coronavirus
Parents and students worldwide are being advised to stay home due to the coronavirus/COVID-19 outbreak. In between Netflix and online schooling, squeeze in some time to teach your kids some money...
View Article14 Extreme Ways to Save (for Those Hungry for Money to Invest)
This article is not for beginners. It’s not for those just thinking about purchasing their first property in pursuit of financial independence. It’s for those who are ready, willing, and able to take...
View ArticleHow COVID-19 Stress Validates Dave Ramsey’s Approach to Debt
Dave Ramsey’s desire to eliminate all debt is a pretty attractive approach in difficult times, particularly for the peace of mind it can provide. If you are heavily leveraged, his principles can help...
View Article13 Ways to Ramp up Your Savings While Quarantined
We all in some form or fashion have had our “cheese moved” recently. While adding skills like "teacher" and "hairdresser" to your resume, why not tack on financial planner? Reassess some of your...
View ArticleTop 5 Hacks To Maximize Retirement Savings
Retirement is supposed to be the best time of your life, but if you don't have enough money, it might be the worst. If you want to enjoy your golden years, start planning how to maximize your...
View Article9 Ways to Save Money You Have Probably Never Tried
When it comes to saving money, you've heard the cliches: no Starbucks, no cable, so on. What else can you do beyond the easy and obvious?
View ArticleHow to Make Extra Money in 2023: 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, the options and earning...
View ArticleShould You Be Saving Money Right Now?
The last year or so has been challenging for investors and savers alike. With inflation raging and many of the major markets in correction territory, it’s been difficult to find a […]
View Article7 Hidden Benefits of a High Savings Rate (Beyond Building Wealth Fast)
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.
View ArticleIs the Bilt Rewards Mastercard the Next Big Thing for Investors?
This credit card already rewards renters for paying rent, but there's also a down payment and mortgage program on the way, leading investors to think that this could become a huge deal for their...
View ArticleFinancial Safeguards: Would You (& Your Family) Be OK if You Couldn’t Work...
Part of effective financial planning is ensuring you and your family are OK if disaster strikes. Here's how to hope for the best but plan for the worst.
View ArticleA Third of Americans Have No Savings: Here’s 7 Habits We NEED to Adopt
America has some terrible money habits. Here's a splash of cold water in the face: some scary stats and 7 ways to clean up your finances starting today.
View ArticleHow to Turn Your Car From a Money Pit Into a Money Tree
In this article, I explain how to turn your car from what we call a "fake asset" to a real asset. Follow this advice to take your car from a draining expense to a cashflowing money-maker.
View Article4 Stark Differences Between Being Frugal and Cheap
Being frugal is an essential element to achieving financial freedom and amassing vast amounts of wealth. It's not the same as being cheap. Here's why.
View Article5 Tried-And-True Ways to Improve Your Credit Score
Few things are quite as important in the business-and-investing world as access to capital. Unless you have piles of cash in the bank, you are likely going to need access to credit to fund your deals....
View Article4 Ways Real Estate Can Help Offset the Staggering Cost of Having Kids
Investing in real estate can provide you and your family opportunities that traditional saving and budgeting just can’t. If you’re thinking investing in real estate is expensive, you may be right—but...
View Article10 Financial Tasks to Tackle Before 30 (So You Can Afford to Start Your...
What I propose today is that we create a new bucket list—a financial bucket list that isn’t unattainable, that doesn’t require huge financial expenses that you will never recoup, and that puts you on...
View ArticleWhat’s the Best Travel Rewards Credit Card?
Travel credit cards provide a way to harness spending for use toward airfare credit, perks, and more! You can even reduce or eliminate travel expenses altogether through points. Best of all, this is...
View Article4 Must-Dos to Manage Your Money Better (That Don’t Involve Cutting Out Lattes)
How can someone making a middle-class income—somewhere between $50-$100,000 a year and living paycheck to paycheck—better their financial position? On the BiggerPockets Money Show, we asked personal...
View ArticleHow to Pay Off Your Car Loan Early (& Never Pay for Your Car Again!)
When people ask me about whether or not they should pay off their car, it always leads to an interesting discussion. I like to tell stories, so I tell them about the time I bought an office building...
View Article10 Challenges to Seriously Consider BEFORE Quitting Your Day Job
Dreaming of quitting your job to become a full-time real estate investor? Before you go out in a blaze of glory, think through these ten challenges.
View Article3 Reasons You’re Broke (& How to Break the Cycle!)
There are only three reasons anyone is ever broke. I’m going to break them down for you. If you are living paycheck to paycheck, are constantly broke, and are struggling to stay above water—and you are...
View Article5 Cheap Summer Vacation Ideas
Summer vacations don't have to break the bank. If you think you can't afford to travel this year, consider these five creative ways to take a summer vacation on a budget.
View ArticleHow to Earn Free Vacations With Travel Rewards Credit Cards
The premise of free travel seems too good to be true, but it’s not—I’ve been traveling for cheap or free for 10 years. Banks are competing to get you to sign up for their most profitable business:...
View Article13 Simple Hacks to Dramatically Lower Your Healthcare & Childcare Costs
Outside of housing and transportation, the costs of healthcare and childcare are the next largest expenses that a household faces. How is one supposed to get ahead?! Here are a few ways to impact your...
View ArticleSouthwest Airlines Companion Pass Is Now More Difficult to Earn (But Still an...
The Southwest Airlines Companion Pass is one of the sweetest deals in the world of free travel. But recently the airline updated one rule that could make things much more difficult for travelers to...
View ArticleHow to Slash Your Food Bill in Half (AND Support Good Health)
Food expenses vary based on the amount of people one is supporting in their household. But for the average, single American, let's assume it costs $6,000 per year, or $500 per month to feed oneself....
View Article6 Things to Ditch to Become Debt-Free in 2020
You still have three-quarters of the year left to become debt-free in 2020. But you have to be willing to make some real changes. Here are several things to give up if you want to achieve your...
View Article5 Frugality Myths Americans Believe That Would Make Ben Franklin Cry
Now, more than ever, being frugal and wise with money is vital. In fact, frugality is the single most important trait to adopt if you seek to attain financial independence. When first considering it,...
View Article12 Things to Give Up to Become Debt-Free This Year
It’s hard to get ahead in life if you’re paying 24% interest on credit card debt. Or, for that matter, 10% interest on personal loans or student loan debt.
View ArticleFacing Foreclosure? Read This 5-Step Survival Guide
Asset protection attorney Scott Royal Smith talks about surviving housing foreclosure, picking up the pieces, and moving on to future home ownership.
View ArticleHow to Pay Down Bad Debt—Fast!
When I first started in real estate investing in my mid-20s I paid off all my bad debt in two years. I had college loans, credit card debt, bad debt that was a burden. Debt stinks because you have to...
View ArticleSet Yourself Up For Success Before Investing—What a Truly Strong Financial...
You can't just start investing. You have to put the upfront work in first and build a solid financial foundation. Here's the checklist you should follow.
View ArticleDave Ramsey Is Wrong—Doing This Won’t Make You Wealthy, But There Is Another Way
Dave Ramsey is famous for his personal finance tips, most of which revolve around cutting expenses and adopting more frugal habits. That's great and sound advice, but it won't make you "rich." This is...
View ArticleEmergency Fund: How Much Do You Really Need in 2024?
As inflation continues to eat away at buying power, have the standards for optimal savings changed? And how much do you need to save for emergencies?
View Article6 Ways You Can Slash $19,000 in Expenses Without Sacrificing Your Happiness
In a recent episode of the BiggerPockets Real Estate Podcast, I had the privilege of chatting with Mindy Jensen about my journey to financial independence. One burning question arose: How […]
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