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FIRE in 2024: What We’d Do Differently If We Started Over Today
Description
2013 was a pivotal year for our hosts. Scott was fresh out of college and just beginning his journey to financial independence, while Mindy and her husband were well on their way to FIRE and had just launched their blog, 1,500 Days, to document their progress. But if they were starting over today, would they change anything?
Welcome back to the BiggerPockets Money podcast! In today’s episode, Scott and Mindy are winding back the clock ten years and sharing what they would do differently if they were beginning their FI journey in 2024. Spoiler alert: they wouldn’t have changed very much regarding the fundamentals of frugality, saving money, and investing. But, as you’re about to find out, they would make some MAJOR tactical changes, and they even have a few regrets about not spending money!
Whether you’re brand new to FIRE or are already on track for financial freedom, you don’t want to miss this episode! You’ll learn about the real estate investing strategy Scott would prioritize in 2024, the stock investments that helped Mindy overshoot her FI number, and the lifestyle changes our hosts wish they had made along the way!
In This Episode We Cover
What Scott and Mindy would change if they were starting their FI journey today
Three types of investments that will carry you to financial independence
How to invest in real estate in 2024 (and which strategy to use)
When to prioritize saving cash over contributing to retirement accounts
The cash-flowing investment property WE would be buying in 2024
The individual stocks that catapulted Mindy toward FIRE
How to save thousands of dollars in taxes with live in flips
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums
Finance Review Guest Onboarding
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