Episode #443

Racing to FIRE? What about “semi-retirement?” It sounds like an exciting life, but what does it entail? Today’s guest didn’t arrive here overnight and doesn’t recommend it for everyone. What he does recommend, however, is identifying the type of financial independence you want and then working hard to achieve it!

Welcome back to the “BiggerPockets Money” podcast! Today, we’re chatting with J Money, one of the pioneering finance bloggers who started his journey toward financial freedom back in 2007. After catching the personal finance bug, J decided to document his progress on his blog “Budgets Are Sexy.” After selling the blog to “The Motley Fool” and buying it back a few years later, J now blogs for fun, spends time with his three kids, and otherwise goes with the flow.

In this episode, J shares about the “wife-FI” lifestyle and how he invests his money for the long haul. He also opens up about his recent autoimmune disease diagnosis and how it affects his family’s finances today. As always, Scott and Mindy are here to tackle all kinds of financial topics—including the debate between renting and home ownership, paying off your home versus keeping a home loan, and how to invest amid a potential economic downturn!


Show Notes at:
https://www.biggerpockets.com/blog/money-443?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Get Rich Slowly and Retire Earlier Than Most with a Modest Portfolio
https://www.biggerpockets.com/blog/money-436?utm_source=youtube&utm_medium=description&utm_campaign=none
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Budgets Really ARE Sexy! With J. Money: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-103-j-money?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with J Money:
Twitter: @budgetsaresexy or https://twitter.com/BudgetsAreSexy
Blog: https://budgetsaresexy.com
Website: https://jmoney.biz
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Connect with Scott and Mindy on BiggerPockets:
Scott: https://www.biggerpockets.com/users/scotttrench?utm_source=youtube&utm_medium=description&utm_campaign=none
Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

00:50 Money Moment

02:35 Budgets Are Sexy

08:40 Finances After Diagnosis

16:41 Wife FI

21:59 A Day in the Life

28:47 J’s Finances in 2023

43:20 Connect with J!