Mindy Jensen: Can AI help you reach FI faster? Today we are talking about how best to use AI to help you stress test your financial independence plan, whether you’re just starting out or you’re nearing the finish line. Hello, hello, hello, and welcome to the BiggerPockets Money Podcast. My name is Mindy Jensen, and with me as always is my AI-agnostic co-host, Scott Trench.
Scott Trench: Thanks, Mindy. I’m always just excited to work on my core model. But yes, I’m excited to talk about this. We just talked with Professor Aswath Damodaran from New York University about AI and the mega-cap complex. And, you know, I think that there’s a little bit of a question mark out there about how AI is going to generate returns for investors, but I think there’s no question that AI is an extremely powerful tool that you can use in your personal finances today. Even if you only use one tip from today’s episode, I think it’ll be very powerful for you, even if you’re not using it at all. And hopefully some of the ideas will give you just a little better perspective about how I’m using AI and how Mindy’s using AI and how we think it can be applied to your situation. We’d also—this is a new field—we’d love your feedback if you have tips or prompts or ideas that you are bringing to the table and using with AI to evaluate your personal finances. So send those to scott@biggerpocketsmoney.com or mindy@biggerpocketsmoney.com if you have them. And with that, let’s get into it.
Mindy Jensen: All right, Scott, what are some of the guiding principles that you use to help you formulate your questions for your AI?
Scott Trench: I think AI benefits most when you can bring it a framework. If you let it invent the framework, that’s where you can get yourself into trouble. And you can get yourself into trouble when you depend on it, when it’s telling you to do something you don’t understand—that’s when you’re about to really burn yourself. But when you use AI to take the complex, messy situation of your life and summarize it, simplify it, or make it actionable, that’s when the power begins to emerge from AI. Well, the first principle I think of using AI is to start with tangible questions and get as much clarity as you can bring to your financial position, especially in the context of your specific situation—exactly where you’re at today and where you want to go, where your goals in the future are. If you can articulate those crisply, you’re going to help the AI just as you would help yourself, your spouse, or a financial planner in a professional setting if you could bring that information to them.
Mindy Jensen: One of the big tips that I have learned when using AI and using these writing prompts is more is better. So yes, you want to be as succinct as possible, but give this thing a ton of information, especially when you’re first starting out. This is me, this is what I want. Have a conversation with it. Don’t just type in five words, “do this.” No, give it all of your background. Pretend like you’re having a conversation with an actual person instead of asking software to do something for you.
Scott Trench: I think framing it with information is very helpful as well, because it will invent stuff sometimes if you don’t give it detail. And it will still mess up even if you do provide detail, but just like humans do, by the way, in some situations. As part of that, some of the stuff we’re building over at biggerpocketsmoney.com/resources, for example, could be helpful. We’ve got a personal financial statement over there that could be a great thing to download, put in some of your information—or redact it or change it if you’re concerned about privacy—but put the information into the personal financial statement and upload it to the AI. The AI then has context on your situation and is able to answer certain questions. You can reference that document, right? Another good one is framing how you want to handle certain situations. So for example, with my insurance, as someone who’s financially independent and has a significant net worth, I like to pay the lowest premium possible, and I’m willing to pay a higher deductible in order to get a lower premium. That means I’d want a bronze Affordable Care Act plan, for example, for my family. A car insurance policy, for example, that had a lower premium and higher deductible—or maybe I would self-insure my car as I bought the insurance to insure other drivers on the road. So that framework matters because the AI is going to default to something different if it doesn’t understand your preference on how you want to handle some of those. And then the core challenges that you want to address, right? The core challenge at first could be, “Where the heck is all our money going? I don’t even know. Help me diagnose and just build an accurate representation of my finances.” Another core challenge could be, “I feel like I’m underpaid at work. How do I progress my career going forward?” Another one could be, “I’m overpaying for insurance and I want to shop and change my insurance philosophy because I can afford a higher deductible and I have a large cash position.” “Can one parent afford to quit or just work less?” That’s a common one we get. But giving those challenges and saying, “What are the top concerns in my situation,” will help the AI ground its discussion and interpretation of these things against that core challenge.
Mindy Jensen: These are all great tips, Scott. And again, I can’t stress enough, give this thing a ton of information, especially when you’re first starting out. They learn about you as you go. So down the line, you might not need to give them so much information, but if this is your first interaction with AI, act like you’re meeting a new person. This is all about me. Act like you’re meeting a new CFP. And then the information that you get from AI, you are definitely going to want to double-check.
Scott Trench: The next principle that I like to put into play when using AI is I like to give it a definition of strategy. I’m a big stickler for this, and I annoy people with this, but strategy, I think, is key to so many things in business and life. It’s a diagnosis that accurately represents your situation. It’s a set of guiding principles that actually focus on your challenge. And then it’s a specific set of actions that you could begin implementing reasonably quickly or immediately that actually follow from the diagnosis and set of guiding principles. For example, if one parent wants to quit or work less, then the entire strategy—the financial plan that we’re building here—should be a reasonable interpretation of our existing position, what the cash flows look like or withdrawal capabilities of our portfolio look like, what the difference in the remaining spouse who continues to work’s income and your expense profile is going to look like, and whether we can reasonably cut back or stop working entirely. We want everything grounded in that, and we want to understand the trade-offs—the lost wealth that we will not be building towards, say, age 65. That’s what strategy or financial planning is. It’s a set of trade-offs. And I think that that’s where the AI can be a superpower if you force it to apply strategy. And if you don’t, you risk getting a garbage checklist of best practices that broadly apply to American finance but don’t apply maybe to your situation.
Mindy Jensen: Yeah, I think it’s really helpful to be able to ask specific-to-you questions. “This is my specific situation. This is how much I make. This is how much my partner makes. We want to have a baby and I want to stay home,” or “I already have a baby and I want to go down to part-time. These are our expenses. This is all of our information that will maybe be pertinent to this decision. Help us walk through this.”
Scott Trench: And you can anchor the strategy component with that by giving it a prompt like, using Professor Richard Rumelt, author of Good Strategy, Bad Strategy’s definition of strategy—diagnosis, guiding principles, and specific action—help me understand what my core challenge is here and how I can go about addressing it most effectively. That kind of thinking will help the AI focus on your challenge, for example. The next principle I have is think in iterations. AI’s superpower is its ability to generate a draft almost instantly. I mean, you can literally type in a prompt and you will get a draft, if you ask for it, moments later or minutes later, depending on how big of a prompt you give. Maybe a few hours at most if you’re doing something really complex and using one of the frontier models. But that’s its superpower—abuse that. It should help you generate a bad rough draft almost instantly and iterate sequentially to a fantastic rough draft over the course of a day or even a week or two. That is really the superpower of this. And if you think like that—”hey, this is my latest iteration, this is a draft here”—that’s going to help you not overcommit yourself or make a huge mistake that you can’t recover from in this process, because the AI can make mistakes. But if you put it together in draft format, I think you’re going to get to a really strong starting position where the huge, irreversible decisions are now concrete enough and packaged well enough to get really good advice from a professional on.
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Scott Trench: Yep, absolutely. And by the way, incognito mode is a great friend for a lot of these. So you can say, “Hey, go into ChatGPT and do a temporary or incognito chat,” and ask it to produce a rubric. Say, “What does a world-class financial plan look like for a married couple in their 30s with two young children, earning about this amount of income, with about this amount of expenses, and this type of portfolio in its existing sense? The goal is to retire early but still have plenty of margin of safety to make it to 65. It wouldn’t be the worst thing in the world—we don’t hate it at our jobs right now—it wouldn’t be the worst thing in the world to work an extra year or two if that greatly increased our safety margin and gave us longer-term terminal wealth.” Give it a prompt like that and ask it, “What does a world-class financial plan look like?” Or “What does a rubric for a financial plan look like to grade a financial plan artifact for this couple?” And then, once it’s produced that, submit your latest draft or iteration against that and ask it for grading against that rubric. It’s not perfect—you’ll still encounter problems—but I think you’ll be able to see the power of that speed of iteration and exposing weaknesses in your plans or unaddressed areas or challenges very quickly, and that’s going to greatly improve the quality of the artifact, the draft that you’re producing.
Mindy Jensen: Yeah, keep in mind that it is just a draft. I think the fourth guiding principle should be: don’t take it for granted. It’s still a work in progress. AI can absolutely make mistakes, and it will occasionally confuse popular opinion for accurate factual information in the context of analysis.
Scott Trench: So I think, yeah, that’s the last principle, right—don’t take it for granted. It will confuse this stuff all the time. For example, I think that in the world of financial independence, a good option for life insurance is to build a term life ladder. So if I need $2.5 million to hit my financial independence number, and I had zero net worth, I would want a $2.5 million term life policy to protect my family. In that situation—I’m oversimplifying here—but that’s the idea. But let’s say a couple years go by, and I have $1 million in net worth, and my financial independence number is still $2.5 million. Well, then I’d want a $1.5 million policy to bridge me from my $1 million net worth to my $2.5 million financial independence number, right? So a term life ladder, if someone was starting from zero and working towards that $2.5 million target, might look like having a $500,000 policy that will expire after 10 years, a $1 million policy that will expire after 20 years, and a second $1 million term policy that will expire after 30 years. That way, as they presumably grow wealth across that time period, those policies roll off, and the insured amount is the remaining bridge to my financial independence number, right? You can see how that would save you a lot of money, because you’re not paying for 30 years for a policy you don’t need the entire way. And you’re still, assuming you have your framework correct and you understand how much your family needs, making sure that your family is protected in the event of your passing. That’s, to me, what a good policy looks like. However, most of the rest of the world talks about a multiple of income—10 times your income or 20 times your income—and that’s the amount you should insure for. So if you don’t give the AI frameworks like that, then the AI may default you to something that is not best for your family or your situation in a lot of these cases. So the more you know, the more powerful the AI is, in some ways, in a lot of these areas, because otherwise it may produce a recommendation you don’t understand—you don’t know what’s really behind it, why it’s doing that—because it’s just giving you consensus or the most popular viewpoint, not what’s actually making the most sense for your situation or strategy.
Mindy Jensen: Yep, that’s a great tip, Scott. Let’s talk about some specific tips.
Scott Trench: What do you got, Mindy? What’s the first one here?
Mindy Jensen: Use AI to help you develop your personal financial statement or a summary of your position. Now, you can take the one that we have at biggerpocketsmoney.com/pfs, which stands for personal financial statement, fill it out and upload that to the AI, and ask it to analyze where you’re at along with where your goals are and give you kind of a plan for how to get to that place. If you are using a tool like Monarch, you can download your transaction activity and upload that to your AI, or you can use the native AI on Monarch. Upload your credit card statements, your bank statements, and ask AI to analyze what’s going on in your situation compared to where your goals are.
Scott Trench: By the way, you can redact all of this information if you so choose to. You can pull out certain things. You can choose exactly how much or whether to share anything with the AI. However, I think this episode does presume that you’re generally comfortable with sharing the information with the AI. If you’re not, don’t—and go talk to a financial planner or use some other process here. I’m a big believer that this is going to amplify our financial journeys, and if the AI becomes as good as we think it will be, it’ll be able to hack our information anyways within a few years. So might as well make the best use of it. It could be a risk that other people find totally unacceptable. I find the benefits to be very, very powerful from using AI and being fairly open with it with my finances. But that’s a personal choice that many other people will make differently across time. So you can redact this, and should. Abuse incognito mode with the AIs, where it supposedly does not store your information. And yet, like Mindy said, the personal financial statements, the resources we’re building at biggerpocketsmoney.com/resources, are built with AI in mind and using AI in many cases, because I think that that’s what makes it powerful. Download that personal financial statement, fill out that information. Now the AI is receiving your information in a framework that makes sense to it and the approach to financial independence. Then ask it to modify and personalize it, right? If you’re not a real estate investor, the real estate schedule on the personal financial statement is useless. If you are a real estate investor and you have 40 properties, it only has a default template for five or six of them, and you’re probably going to want to really turbocharge or enlarge or zoom in on that to some degree. That’s what AI is so powerful at—when you have an idea of the problems you want to face, asking it to summarize, magnify, zoom in on, or focus on the challenge areas becomes a really powerful tool that helps you make decisions and frame problems.
Mindy Jensen: Yep.
Scott Trench: Okay, what’s the second tip, Mindy?
Mindy Jensen: Use AI to draft a draft financial plan. So this is not your final financial plan, but you want it to give you—I keep saying “them” like it’s a person, treat it like a person—ask questions like, “What does a world-class financial plan look like for someone like me?” Again, you’ve given it all your information, or most of your information. You’ve given it your specific scenario. “What does a great financial plan look like for me?” Oh, maybe this is something that I love, maybe it’s not. Then you start iterating on what it is you’ve asked it to do. Ask a question like, “What would an elite CFP’s approach to developing a financial plan look like for someone like me?” And execute that. And you don’t have to ask it just one question. Ask it a bunch of stuff. Ask it to throw a ton of things at you, and then you kind of comb through that. “Ooh, I like this, I like this, I like this. I can see how this would be valuable too.” And then craft your own plan from all the different things that you’ve asked.
Scott Trench: The next tip here is to iterate, iterate, iterate, right? So once you’ve drafted something that’s useful, something that’s directionally helpful to you, what I’ll literally do sometimes is I’ll open up 4 incognito tabs or temporary chats with Grok, Gemini, Claude — the latest model — and then GPT’s latest model. And I will put into each of them, “Give me a rubric for a world-class financial plan for someone like me,” just like Mindy said in the last step, using it to draft the plan. Then I’ll submit the plan that I have to all 4 of them at once. And over the course of the next 10, 15 minutes, I get a grade back and suggestions or feedback from it. And that gives me an enormous amount of input on there. I can read through that and say, I like this, I don’t like this, this AI is being overly in the weeds here. And that allows me to iterate. I can take the parts I like from those reviews and feed it back into my core chat with the AI and say, “What do you think of this? Let’s talk about this. I like this one. I want you to update this.” That iteration process is extremely powerful. You can go through that over the course of a day or 2 and get a ton of iterations out to get to a really, really strong place. But one tip, though, is to make sure this doesn’t go to infinity. The AI will go on forever finding ways to expand or make your plan more comprehensive until you get to 50 pages of AI slop. So make sure that as you get past those first few iterations where you genuinely want an open-ended model, make sure you force the reviewer, the AI, to distinguish between factual errors, major omissions — things that weren’t included — a preference it has or you have on an unknowable or unanswerable challenge. It’s a preference to do life insurance the way I discussed, not an absolute law. So it may or may not be a factual error to get a term life ladder versus a larger term policy for the full 30-year period. Make sure it distinguishes between those and what optional additions it might suggest. Once you get to a point where it stops beating up on those, or you can’t find too many iterations or evolutions that aren’t preference or decisions you’ve already made, then you know you’re getting to a pretty good rough draft.
Mindy Jensen: A pretty good rough draft. I like that. Scott, what’s your next tip?
Scott Trench: My next tip is to use the AI as a neutral observer. So when I’m using AI, for example, with OpenAI in particular — I used to use Claude up until a couple of weeks ago, or a week or two ago, when the new GPT model came out — I tell the GPT model I don’t want it to be sycophantic. I don’t like it when it tells me that I’m great and my plan’s awesome and what a good grade I got here and all that. I want it to actually produce real feedback that I can begin to iterate on. So I set the AI to efficient mode. I don’t want it to be verbose. I want it to be direct. I don’t want it to be critical or harsh — that creates a problem in itself — but I want it to be as accurate as I possibly can. So I go into the settings and change some of those. And then I ask it to provide an opinion before — again, I abuse incognito mode. So I say, “A household like mine should spend what on groceries, or what on electricity, or what on these items here?” And then it provides that answer. And then I submit my data to it so I can compare it without it anchoring to me to tell me something I want to hear, right? Because that’s one of the problems with these AI models — that they want you to keep using it. But if you can get it to anchor and provide an answer first and then compare yourself to that answer, that will give you a lot more power in these processes and will expose a lot more of your weaknesses. What’s the next tip, Mindy?
Mindy Jensen: Ask specific-to-you questions. You can use AI to help you create a budget, especially if you’re in the beginning stages. Upload your bank and credit card statements and ask them for spending habits and potential spending leaks. Ask it for help determining your asset allocation. Again, these are my goals, this is where I’m starting — where should I be putting my money based on what I want to do? What accounts should I be putting my money in based on what I want to do — my 401(k), my Roth IRA, et cetera. And you can use it to ask specific-to-you questions when you’re faced with unusual scenarios. Let’s take our couple who decided that in fact their partner could decide to quit their job, but that partner was the one providing health insurance. They usually have the option of COBRA, which is continuing the health insurance you had before, but you’re probably paying the entire premium, versus going out on the exchange. You can ask AI to run through all the scenarios, run through the costs, and give you a good idea of what would be the best choice for you. It always sounds like, “Oh, just go on the exchange, it’s going to be so much cheaper.” I actually had a friend — they had had a baby that year, they had almost reached their entire out-of-pocket max spending, and it was July, so they weren’t sure if they should go on the exchange or go on COBRA. COBRA turned out to be the best choice for them, and then they had a bunch of extra medical expenses that were essentially paid for because they had hit their out-of-pocket max already.
Scott Trench: Just to piggyback on this analysis of asking the AI for specific-to-you questions, there’s kind of 2 use cases for this. There’s a use case for the incognito mode where you’re saying, “Hey, I don’t want the AI to know it’s me and what my situation is. I want it to evaluate objectively, or as objectively as I can, what a household of this type will spend in these areas in this situation.” That’s what we’re going to use incognito for. For the persistent chats — the chats that are stored in memory or a project — that’s when I want to ask, “Compare this to last month,” or, “For my situation, what should I be doing here? Give me a protocol, for example, to maintain my lawn or to set the thermostat in my household to reduce my ongoing monthly energy expenditure without changing my quality of life.” Those are great things to ask the AI how to do. But when you want judgment, I usually like to go into incognito mode because I believe it produces a more balanced viewpoint and it’s not anchoring to the discussions we’ve had. I think that filing my taxes is among my least favorite activities on earth. That’s why we’ve partnered with a new tax planning firm here at BiggerPockets Money. They’re a tech-forward, AI-integrated CPA firm that works with high-income business owners and professionals year-round, helping you find tax savings and plan ahead instead of just showing up when it’s time to file. If your income is getting complicated, but not so complicated that you can justify $10,000 in accounting fees every year, our new partner, Gelt, is worth a look. Go to biggerpocketsmoney.com/fipro to learn more. That’s biggerpocketsmoney.com/fipro. When’s the last time you enjoyed checking your finances? Well, Monarch is trying to change that. Open it up, and in a couple of minutes, you know exactly where you stand with your spending, your goals, your net worth, your investments — everything all in one place. And it goes wherever you go. Quick check-in on your phone between meetings, or check the bigger picture on your laptop on Sunday night. Everything syncs, everything refreshes whenever you want. Use the code POCKETS at monarch.com to get your first year of Monarch Core half off at just $50. That’s 50% off your first year at monarch.com with the code POCKETS. There’s a version of financial success where you’ve done everything right and still feel like you’re figuring it out alone. The peers who could actually help you aren’t easy to find, and most communities built for that stage aren’t really built for that stage. Lee Rowan had heard about Long Angle from entrepreneurs he respected. He says this about Long Angle: “What Long Angle has offered me is a level of depth and engagement that I didn’t expect. There were no stupid questions. I’ve been able to expand my learning, expand my strategies, and learn how to raise my family, run my business, and invest better.” Long Angle is a vetted community of 8,000+ entrepreneurs, executives, and investors across 45 countries comparing notes on the decisions that matter across borders and decades of experience. Membership is free for those who qualify. Apply at longangle.com/money. That’s longangle.com/money.
Mindy Jensen: Scott, do you have any more tips for using AI to help you with your financial independence plan?
Scott Trench: I think that AI can really help you with your investment philosophy and/or your investment theses that you come up with. So for example, one of the things I find really challenging is — who was the gentleman we had on, Mindy, recently, who had the wonderful investment philosophy discussion grounded in Bogleheads?
Mindy Jensen: That was Bob Haynes. You know Bob.
Scott Trench: Bob came on and provided a really wonderful investment philosophy. And for a Boglehead, it’s very simple — there’s no real need to build a better investment thesis. Where that breaks down to some degree is when you have other assets in play, right? So many BiggerPockets Money listeners have a pension, or have a real estate portfolio, or a small business, or equity in their company, or some tail that is different from a stock-bond portfolio or stock portfolio in their various retirement accounts and all that. And so that requires some thinking to build an investment philosophy that maps to the reality of what you have. Even if you want to get to a Boglehead philosophy, there needs to be a bridge that helps you do that tax-efficiently over time. That’s where AI can really be helpful — take the Boglehead philosophy as it exists on the Bogleheads forum or on Reddit, and help me draft something that gets me there, or help me draft something that’s relevant to my situation. And that’s the same iterative process that we went through in some of these other items. And then if you’re going to make side bets, I think it’s a good practice to get into the habit of building an investment thesis. And I’ll tell you what, AI has been very powerful for me in helping me draft better investment theses. They’ll probably still be wrong. I’ll probably still lose a lot of money. I’ll underperform the index. But at least now I’ve got a document that says, “Here’s my thesis. Here’s why I believe it. Here’s what I’m going to do. Here’s how I’m going to cap my exposure. Here’s what would prove it right. Here’s what would prove it wrong. Here’s when I will enter or exit.” Across those, I have those documents now, like for my office investment play. And so I can laugh at myself with much more conviction in a few years after having drafted that. And again, you submit this and say, “What does a good investment thesis look like at a world-class institution, condensed to 2 pages, for this particular process?” And in a few hours, before you’re going to commit serious capital, you can get something that will help you at least poke holes. Again, you submit your thesis against that rubric and it will poke holes in it and tell you what it likes, what it doesn’t like, and what’s well-supported and what’s not in your research. So I find that to be very helpful if I’m going to make side bets, which I do, and I use that as part of my process.
Mindy Jensen: Well, and this is just another tool in your arsenal to help you on your path to financial independence. I think that there’s a lot of benefit to using AI to help you just think things through. I mean, AI can comb the entire internet in a split second — maybe not a split second, but they can comb the entire internet a whole lot faster than you can. It’s like a turbo boost to your financial plan.
Scott Trench: That’s what I think it is. I think it’s a turbo boost to your financial planning process. It is not a substitute for professional advice, and it can make big mistakes. But I think if you treat it as, “Here’s how I’m going to build a really powerful rough draft of various financial planning artifacts,” I think you’re going to get very far, and you’re going to avoid some or a big part of that risk that comes with AI being preposterously wrong, or hallucinating, or doing bad math — because you’re treating it as a draft and you’re going to verify that before you act on it. I think if you treat it that way, it can be exceptionally powerful for you. So I would encourage folks to try out some of these. Again, it depends on your comfort level with AI in terms of sharing information — redact the information or make up scenarios that are intentionally different from yours if you would like. I think you might find it a very valuable thought partner. And I think you can get pretty far these days with the free models on some of these, and even further with the frontier models. For a single actionable step following this, go to biggerpocketsmoney.com/resources, download the personal financial statement — it’s a spreadsheet, it’s just free, there’s no email required — download the goal-setting template, and that’s it. Just take those 2 documents. You can redact them or put in intentionally different numbers. You can put in an intentionally different vision or whatever, so the AI can’t recognize that it’s you, if you want. Or you can put in your actuals and then upload those to the AI and ask it for that first draft of a financial plan. That’s effectively what I have done to a large degree to draft and iterate and get to the current form of the Trench Family Financial Plan. That’s literally the process. And then I went through many of the tips that we just discussed. I’m probably also missing some. So again, if you have better tips, if you have different ways you’re using AI, please let me know. I’d love to hear them at scott@biggerpocketsmoney.com. I’m learning about this every day. I think the field is evolving rapidly, but that’s what I do.
Mindy Jensen: Scott, that’s what I was just going to ask. If you have any tips that we didn’t share on this show, please reach out and let us know so we can update this show. And all of these ideas are available as a document on our resources page called AI for FI. So you go to biggerpocketsmoney.com/AIFI and you’ll be able to download this. It’s also on the resources page.
Scott Trench: And guess what? That document is an iteration. So we’re going to post one — our best iteration we have now — we’re going to get feedback from you, and we’re going to update it in a few weeks or a few months as people say, “Oh, I like this prompt,” “Oh, that is better than what we had there,” “Oh, implement this,” “Oh, we uploaded it to the next-generation Grok model that comes out in 6 months, and that’s way better than what we have currently.” And it evolves. That’s what AI is, and that’s the best way to use it. I think it’s never finished. It’s always in the latest iteration, but you can get from nothing to pretty good very fast in today’s world.
Mindy Jensen: Unbelievably fast. That is what is shocking to me — how fast it actually is. And if you want even more financial independence information, like resources and calculators and templates, you can go to biggerpocketsmoney.com and find these on our resources page, biggerpocketsmoney.com/resources. We also have more financial independence information if you follow us on Instagram, Facebook, or YouTube @BiggerPocketsMoney. All right, Scott, should we get outta here?
Scott Trench: Let’s do it.
Mindy Jensen: That wraps up this AI episode of the BiggerPockets Money Podcast. He is Scott Trench. I am Mindy Jensen, saying, catch you later, Tater.
Scott Trench: You know that feeling you get when checking your finances means logging into 5 different apps? That’s why I use Monarch. Setup takes about 10 minutes. You can link your accounts, and everything you own and owe lands in one clean dashboard — banking, cards, investments, even keeping track of recurring charges. After that, you can stay on top of your money in just minutes, not hours, per month. Monarch saves you time and actually helps you use it wisely. Use the code POCKETS at monarch.com to get your first year of Monarch Core half off at just $50. That’s 50% off your first year at monarch.com with the code POCKETS.
Mindy Jensen: Finding a financial professional who truly understands financial independence isn’t easy. That’s why Scott and I created the FI-Friendly Professionals list. This is a curated network of CFPs and tax professionals who understand the FIRE mindset, early retirement, and wealth building. We’re adding more vetted experts all the time. Find someone who speaks your FI language at biggerpocketsmoney.com/fipro. That’s biggerpocketsmoney.com/fipro.
