Notes for BiggerPockets Money Podcast 122
Audio time: 55 min
Read time: 1 min

Basics of Financial Independence (FI)

Spend less than you earn

• Track your spending (ex. Mint)
• By tracking his spending, Scott was able to identify his biggest spending categories (housing, transportation, food)
  • House hacked to get rid of housing expense
  • Reduced car travel
  • Can splurge on food because above two categories are minimized

After making this banana bread, I wasn’t sure if I could ever buy another slice at the store. This was not only the best banana bread I’ve MADE, but the best banana bread I’ve ever EATEN. Seriously, I would just skip to the recipe now and get started. And get back to this intro while it’s baking in the oven.