493: 24 Money Tips for 2024: The BEST Ways to Invest Your Money THIS Year

Looking to be a better investor in 2024? A few simple adjustments could help your money work much harder for you this year, 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!

In This Episode We Cover

How to be a better investor in 2024 and beyond

Finding the perfect method to track your finances year-round

Paying a fraction of your current phone bill by switching to a cheaper plan

Saving money on bills with autopay and annual pay options

How to spend money, enjoy your life, and still save BIG

Getting the highest retirement account benefit by planning contributions

Making your money work harder by optimizing your investment portfolio

Reinvesting the “lazy” equity in your real estate portfolio

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!

Money Moment

Check Out Part 1 of Our 24 Money Tips for 2024

Check Out Part 2 of Our 24 Money Tips for 2024

Ramit Sethi Revisited: Spend Like Your Life Depends on It

Find a Discount Phone Plan:

Mint Mobile

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Click here to check the full show notes: https://www.biggerpockets.com/blog/money-493

 

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