Why Net Worth Goes Crazy After $100k!

►Other resources mentioned in the video:

Timestamps:
00:00 Intro
00:48 Reason 1: Your Earning Power
01:43 Reason 2: Lack Of Compound Interest
03:10 Why Does Net Worth Go Crazy After $100k?
04:44 Step 1: Budgeting Your Finances
05:30 Step 2: Investing Your Money
06:18 Step 3: Optimizing Your Taxes
07:33 Step 4: Clearing Your Debts
08:31 Step 5: Starting Your Side Hustle

Disclaimer: None of this is meant to be construed as investment advice, it's for entertainment purposes only. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, we may earn a commission if you click through and make a purchase. The video is accurate as of the posting date but may not be accurate in the future.

[FlorianHWave]

33 years for one million is super long. It's almost half of your life, especially if you start investing and saving in your 20s. And how much will that million be worth after those 33 years, when you're probably in your 60s? I just wanna live, I want to enjoy life, not abstain from everything for half of my life until I'm old and probably have no energy anymore to do anything with the money I have saved for so long.
People seem to forget how short life actually is.

[npm]

The wealthy DO NOT contribute the most. Only issue with this video. Other than that amazing info.