Episode #672
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Ever wondered how financial experts actually manage their own money? In this eye-opening episode of the BiggerPockets Money podcast, hosts Mindy Jensen and Scott Trench pull back the curtain completely. Not only do they provide a detailed live tutorial on setting up a Monarch Money account, but Mindy courageously tracks her personal finances and net worth in real-time, showing you exactly how she manages her own financial life.
This isn't just another software demo—it's financial transparency at its finest. Watch as Mindy connects her actual accounts, reveals her spending patterns, and demonstrates how she uses Monarch Money's powerful tools to track net worth, manage budgets, and stay on top of her financial goals. Scott guides viewers through step-by-step account setup, dashboard customization, and AI-powered tracking features that make financial management effortless.
Beyond the technical tutorial, they dive into the psychology of regular financial check-ins and share proven strategies for optimizing your personal financial management. Whether you're just starting your financial journey or looking to upgrade your current system, this episode shows you how to centralize and streamline your finances like a pro. Plus, podcast listeners get an exclusive discount to get started. Tune in for the most transparent, practical financial management lesson you'll ever see.
00:39 Why We Love Monarch Money
01:50 Tracking Your Net Worth
06:29 Setting Up Your Monarch Money Account
16:39 Budgeting How To
22:06 Tracking Spending
25:05 Total Net Worth
35:11 Sign up for Monarch Money Today!