Imagine being able to retire in just ten years by cutting down your costs a little bit today. Scott Trench, Vice President of Operations at Bigger Pockets and author of "Set for Life," joins Your Cheddar to discuss setting up what he calls your "financial runway."
The concept is different from a nest egg, because you create the runway with the intent to use your savings to exploit opportunities or make significant investments, and so can reap the rewards -- your savings gather momentum in anticipation of a takeoff.
On the other hand, if you just save up for a rainy day (which you should!), you may never put that money to use to start a business or pursue an opportunity.
Plus, Trench talks about how to "house-hack" in order to pull in some extra revenue. He bought a duplex and rents out half of it in order to cover his mortgage. He encourages people to find little hacks like this to cut costs and save money to quit a 9-5 job you may hate!
CFRA’s Angelo Zino joins us to unpack Meta’s Superintelligence Labs and what it means for the future of AI, innovation, and the company’s bold new direction.
AIRO CEO Joe Burns and Executive Chairman Chirinjeev Kathuria talks the future of aerospace, drones, and urban air mobility through innovation and synergy.
NYC's mayoral race heats up with a socialist candidate aiming to make the city affordable—and rattling the financial sector. Plus: Coinbase's prospects.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
