Investing with Low Income: Where Should You Start?

about episode 208:

  • November 5, 2024
  • 316 Likes
  • 29 Comments
  • 13241 Views

Want More BiggerPockets Money?

Investing with low income doesn’t have to be as hard as many people make it out to be. Today we talk to Mackenzie, a 23-year-old college graduate, working a government job and paying for only minor expenses. She has a serious emergency fund she’s managed to save up and has questions on house hacking, setting up retirement accounts, and the fastest way to get to FI.

When you start your financial journey at such a young age, you have many different opportunities. Even just maxing out your Roth every year may be enough to make you a tax-free millionaire, but what about more aggressive strategies like owning rental properties or even shooting for a far higher-paying job? These are all questions that Mackenzie wants answers to, so we have Scott and Mindy here to help!

~~~~
Join the BiggerPockets Money Facebook Group:
https://www.facebook.com/groups/bpmoney
~~~~
Episode 200 with Kyle Mast:
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-kyle-mast
~~~~
Episode 124 with The Millionaire Educator:
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-124-millionaire-educator
~~~~
Follow Scott and Mindy on Instagram:
@scott_trench or https://www.instagram.com/scott_trench/
@mindyatbp or https://www.instagram.com/mindyatbp/

Episode 208

Show notes at: https://www.biggerpockets.com/moneyshow208
Receive the latest podcast

Subscribe To Our Weekly Newsletter

Get weekly actionable FIRE strategies delivered straight to your inbox.