BiggerPockets Money Podcast

In this episode of the BiggerPockets Money podcast hosts Mindy Jensen and Scott Trench break down practical strategies for doubling your net worth and accelerating your path to financial independence. From reducing fixed expenses and increasing cash flow to investing consistently and growing your income, we cover the core habits and wealth-building systems that can dramatically speed up net worth growth, even if you’re starting from a modest financial position.

Whether you’re pursuing FIRE, early retirement, or simply trying to grow your wealth faster, this episode provides a practical roadmap for increasing your net worth and building lasting financial security.

To go beyond the podcast:

Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/

Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney 

Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
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In this episode of the BiggerPockets Money podcast, Bob Haines joins hosts Mindy Jensen and Scott Trench to explain how to build an investor policy statement and create a long-term investment philosophy for financial independence and early retirement. We break down how FIRE investors can design a personalized investing framework that aligns with their goals, risk tolerance, lifestyle, and withdrawal strategy while avoiding emotional investing during market volatility.

To go beyond the podcast:

Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/

Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney 

Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Scott Trench break down the six foundational principles for building wealth and achieving financial independence. From controlling major expenses and increasing your savings rate to investing strategically and building additional income streams, this episode covers the practical habits that consistently help people grow wealth over time and accelerate their path to FIRE.

Whether you’re just starting your financial independence journey or looking to optimize your wealth-building strategy, this episode provides a simple and repeatable framework for building lasting wealth without overcomplicating personal finance.

To go beyond the podcast:

Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/

Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney 

Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Ben Felix joins Mindy Jensen and Scott Trench on the BiggerPockets Money podcast to break down his thoughts on the FIRE movement, portfolio design, safe withdrawal rates, and long-term investing. We discuss how to build a FIRE portfolio that balances risk, flexibility, quality of life, and long-term sustainability — without falling into the trap of over-optimization or extreme frugality.

Whether you're pursuing FIRE, early retirement, Coast FIRE, or simply trying to become a smarter long-term investor, this conversation offers an evidence-based framework for building wealth while still enjoying life along the way.

Connect with Ben Felix!

Website: https://www.pwlcapital.com/?ki-cf-botcl=1

YouTube: https://www.youtube.com/@BenFelixCSI

Podcast: https://rationalreminder.ca/podcast

Resources from today’s episode:

https://www.pm-research.com/content/iijretire/10/3/47

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590406

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4227132

https://www.youtube.com/watch?v=QGzgsSXdPjo

https://www.youtube.com/watch?si=rHiFIykmOJJs8UKF&v=S9InNdQhFwc&feature=youtu.be

https://research-tools.pwlcapital.com/research/risk-profile

To go beyond the podcast:

Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/

Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney 

Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the BiggerPockets Money podcast hosts Mindy Jensen and Scott Trench break down the biggest portfolio mistakes people make on the path to financial independence. From holding too much cash and staying stuck in accumulation mode to ignoring tax optimization, estate planning, and withdrawal strategies, we cover the investing mistakes that can quietly derail long-term wealth building and FIRE success.

Whether you’re pursuing FIRE, Coast FIRE, or traditional retirement, this episode will help you avoid common portfolio mistakes and build a more resilient long-term financial plan.

To go beyond the podcast:

Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/

Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney 

Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney

We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order!
Learn more about your ad choices. Visit megaphone.fm/adchoices