How I Saved My First $100,000 (From $110K Debt)

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As soon as I paid off my $110K in consumer debt, I shifted my entire focus to my investments. Focusing entirely on my savings rate and living frugally allowed me to achieve my first $100K by the end of 2017.

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⏰ Table of Contents ⏰
0:00 Roth IRA & Cash
3:09 Private FIRE Community
3:49 401K After-Tax Contributions

#FIREPsyChat #FinancialIndependence #RetireEarly

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Disclaimer: This video is not in any form of personalized financial advice. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence or seek the advice of a licensed advisor if necessary.

Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.
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Join my Private FIRE Community ➡ www.firepsychat.com/community
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FIREPsyChat
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Maxing Roth IRA at 20% is tough to do with kids ! But the payoff is phenomenal! I might try to do this for the next 2 years! Lets goooo

Halfstunthalfman
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Very informative. Thanks for sharing 🎉

nazeercurry
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Just curious what you do for a living. Good numbers just want to compare and keep things relative. Other than YouTube what is your main income ? Great vid thanks !

Soulofagreathero
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Did you buy more now that market is down ? S&p500 or anything

mbank