DiscoverBiggerPockets Money Podcast556: FIRE in 2024: What We’d Do Differently If We Started Over Today
556: FIRE in 2024: What We’d Do Differently If We Started Over Today

556: FIRE in 2024: What We’d Do Differently If We Started Over Today

Update: 2024-08-20
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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 frugalitysaving 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

Join BiggerPockets for FREE

Mindy on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Find an Investor-Friendly Agent in Your Area

Find Investor-Friendly Lenders

BiggerPockets Money Group

Buy Scott’s Book “Set for Life”

See Mindy and Scott at BPCON2024 in Cancun! 

BiggerPockets Money - Episode 549: Is FIRE Dead? No, But Here’s Why Most WON’T Achieve It


00:00 Intro

01:24 Chasing FIRE in 2013

05:54 Where to Invest & Live In Flips

12:00 Starting from Zero in 2024

23:03 Lifestyle Changes with FI

27:34 Save and Invest!


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-556


Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com

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556: FIRE in 2024: What We’d Do Differently If We Started Over Today

556: FIRE in 2024: What We’d Do Differently If We Started Over Today

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