Why EVERYTHING Changes After $10K!

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All opinions expressed by Vincent Chan are solely Vincent Chan’s opinions. You should not treat any opinion expressed by Vincent Chan as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Vincent Chan’s opinions are based upon information he considers reliable, but does not warrant its completeness or accuracy, and it should not be relied upon as such. Vincent Chan is not under any obligation to update or correct any information provided. Vincent Chan’s statements and opinions are subject to change without notice.

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[jayocean]

I think after 10k seeing 5 figures in your bank account is a total mind shift for the average person. Most middle class people don't have 1k in their bank account so seeing that 10k sets you on the path🎉

[sergiovasquez]

Saved my first 10k in 2023. Now my networth is 31k :) I’m 23 and make 50k a year as a forklift driver. I work a lot of OT and save as much as I can. I’ve also been pretty fortunate with my investments.

[MaximilianFischer]

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

[Mister_Know_Name]

I told myself when I get 10k I'll get tattoos from a prestigious artist. I hit 10k and said "20k is just 10k away." I hit 20k and thought "20k is close to 50k." I hit 100k and bought a house. I never got the tattoos.

[ashtonduran]

Im at 3k right moving back to the U.S. in 2 weeks. Got a new job starting at 95k. I can finally put my life on a good trajectory. Thank you Lord

[johnl]

It's true for me, when I'd saved my first $10k. It empower me to keep on saving and now that is all I can think about everyday how much I can save.

[foodlover]

This is so true. Telling a newly college graduate to concentrate on saving $10k is much more realistic than to say try to build wealth. Your videos are always helpful.

[javonicasapp]

Ive been walking on eggs shells aka paycheck to paycheck since 18 years. 1 year ago at the age of 37 i decided to cutback spending. I reached 10k in savings in June, currently at around $11, 150. I didn't realize how the average American didn't have much saved. My stress level has taken a nose dive since saving 10k. Trust me once you reach it, its a game changer

[PaulineLazareva]

People say 'Master of Digital Business' was banned on multiple platforms for revealing too much about easy online income. The author has gone missing, but the book is still on Borlest

[jarodarmstrong]

This is absolutely true. In 2016 I was homeless for a few months and by the end of 2017 I was stable with about $6k saved due to some remarkable coincidences. The difference in how I felt was unfathomable.

[Pcxx]

Hit my first 10k 3 years ago. Jump to 40k. Then used that money to buy stock, S&P500 started a side business with $10k, and I used the remainder in high-yield saving accounts.

[jragon]

I remember when my bank account hit $10k for the first time. I called my mom to share the news because I was so proud. It really did produce a big mental shift.

[bijoybiha]

there's a book called whispers of manifestation on borlest, and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal

[anthonydoyle]

One big part is "your new zero". When i first hit 1k i never wanted to be below that again. Hitting 10k does the same. Youll stop hitting zero as you want to avoid feeling broke. But now if you hit zero from a big expence you dont take on debt, you just lose your savings which inflation was eating anyway

[japolo]

This is super true man.. started with 10k for an emergency fund after buying a house. Then we just kept going.. today I’m sitting on 160k that I’m continuing to roll over through hard money lending for flips with a partner. Now that I have momentum I’m making about 7-12k every 5-6 months. Literally the opposite of the debt snowball.. financial momentum is the real deal.

[Mattshuckphoto]

A mental trick I've used is keeping my checking account within a certain range. If it goes below the target range I do everything I can to cut expenses, and if it goes over it immediately gets invested. The point is to force myself into never being too comfortable. When that surplus always gets invested and you intentionally leave yourself on a tighter budget it's much harder to talk yourself into unnecessary purchases. I also started reoccurring investments and just treat it like another bill.

I work as a freelancer btw, so I can have drastically different incomes month to month. This has helped me structure my money and keep me from making dumb decisions after one or two good months.

[alexdiaz]

I was happy to hit my first 10k last year, im currently sitting at 24k this year. It might be slower growth since I now have my own apartment, but slow and steady (and also aiming for higher wages)

[almightydamenace]

Saved first 10K at 17. Now 21 with 50K saved

[LittleFlame]

OMG! i never thought of this but guys this is real. I 100% remember after hitting 10k it got so much easier to add to that pile rather than take from it. Thanks for sharing Vincent Chan. It really did change things for me and I'm slowly trying to grow it more. the first 2 years I hit 11k - the third year I hit 50k.

[LilGats]

i’m in a lost grey zone, i saved up my first 10k and had it stolen from me by someone i thought was a friend, im still in the process of recovering that damage. i had to move out of my home state to somewhere idk anybody and work a job that paid half of what i used to get paid. i have almost no room to save by the end of the month and it’s now september, and i’ve been applying for jobs since october. some days i feel the motivation and other days it’s hard to see light at the end of the tunnel. i think what’s helped keep my stuff slightly together is my self discipline, there’s not much reward from being able to freely save but i guess i’m not homeless still. i think about it everyday on where i can save and how i can save but by the end of the month it was just to make my bills..
it’s a mental roller coaster