Episode #493

Want to know how to invest even MORE this year? A few simple adjustments could help your money work much harder for you in 2024, and our hosts are here to lend a hand!

In part three of our four-part money tips series to kick off 2024, Mindy and Kyle offer some top-notch advice on how to invest your money this year. You’ll learn about the importance of tracking your finances year-round, savvy retirement planning, and, if you’re a real estate investor, putting some of your “lazy” equity to better use!

Beyond investing, our hosts provide several money hacks that will help you chip away at your expenses this year—whether it’s taking advantage of autopay or annual-pay discounts or pivoting to a low-cost phone plan. Finally, they discuss how spending money can actually propel you toward your FIRE goal!


Show Notes at:
https://link.chtbl.com/Money
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Check Out Part 1 of Our 24 Money Tips for 2024:
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Check Out Part 2 of Our 24 Money Tips for 2024:
https://www.biggerpockets.com/blog/money-490?utm_source=youtube&utm_medium=description&utm_campaign=none
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Ramit Sethi Revisited: Spend Like Your Life Depends on It:
https://www.biggerpockets.com/blog/money-433?utm_source=youtube&utm_medium=description&utm_campaign=none
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Find a Discount Phone Plan:
Mint Mobile: https://mintmobile.com
Visible: https://visible.com
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Connect with Kyle:
BiggerPockets: https://www.biggerpockets.com/users/whoiskylemast?utm_source=youtube&utm_medium=description&utm_campaign=none
Twitter: @whoiskylemast or https://twitter.com/whoiskylemast/
Website: https://kylemast.com
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Connect with Mindy on BiggerPockets:
https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

00:30 Change How You Track Your Finances

01:08 Consider Autopay/Annual Pay Options

02:55 Shop for a New Phone Plan

03:45 SPEND Money on What You Love

05:21 Plan Your Retirement Contributions

06:01 Improve Your Investment Portfolio

07:55 Send Us Your BEST Money Tip!