Scott Trench wanted something more out of life, so he grabbed it by the horns and pointed it in the direction HE chose. By accumulating a large financial runway through a 50% savings rate on a median income, he gave himself the courage to take...
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Apr 28
The Messy Middle of Financial Independence (How to Stay Motivated)
The “messy middle” is the longest—and hardest—phase of the financial independence (FIRE) journey. It’s where progress feels slow, motivation dips, and burnout can creep in. In this episode of the BiggerPockets Money podcast, Mindy Jensen and Carl Jensen (our guest host for today) ... Show More
33 m
Apr 24
From $69K Debt to Financial Independence in NYC
Kim Hunter Borst didn’t start her financial independence journey in New York City—but it’s where everything changed. After building a high-income life, she and her husband found themselves $69,000 in debt from lifestyle inflation. Instead of leaving NYC, they got intentional—cutt ... Show More
31m 16s
Apr 23
Paula Pant Quit Her Job with $25K (Now She’s FI in NYC)
Paula quit her $32,000 job in 2008—before she’d ever heard of the FIRE movement—with just $25,000 saved to travel the world. When she came back, she started freelancing and made a pivotal decision: buying a triplex and house hacking. That one move changed everything. Today, she’s ... Show More
33m 43s
May 2022
Office Hours: The Hectic Housing Market, Funding Scholarships, and Building Your Personal Brand
Scott answers a question about the state of the housing market as investors buy up an increasing share of available homes. He also offers his thoughts on how to smartly fund scholarships, and shares his tips for how to brand yourself as a thought leader.
Music: https://www.david ... Show More
22m 58s
Aug 2021
Office Hours: Online Advertising, Seed Funding, and Teaching Entrepreneurship
Scott answers a question about what advertising might look like after the death of the cookie. He also shares his thoughts on what it takes to capture the attention of investors, and considers a proposal for an entrepreneurial-focused high school.
Music: https://www.davidcutterm ... Show More
21m 34s
Mar 2022
Office Hours: Uber’s Super App Prospects, Private Wealth Managers, and When to Raise Capital
Scott answers a question about whether Uber is an appetizing acquisition target at its current valuation. He then offers advice on when to raise seed funding for your startup, and shares his wealth management journey from self-investing to hiring a professional.
Music: https://ww ... Show More
18m 42s
May 2023
Office Hours: Using Real Estate to Build Wealth, How to Use Your Discretionary Income, and Best Practices Around Mentorship
Scott gives his thoughts on how to use real estate to build wealth, all while being burdened by student debt. He then answers a listener’s question about whether to use discretionary income to visit other company offices. He wraps up by discussing how he thinks about mentorship.
... Show More
20m 33s
Nov 2023
Financial Freedom is Probably Closer Than You Think
When I first learned about personal finance, I was all about FI/RE (financial independence, retire early). But then came along financial freedom. But how are they different, and what has that nuance unlocked? Transcripts, resources, show credits, and more can be found at https:// ... Show More
36m 52s