How To Save YOUR First $100000 FAST

In this video we explain how to save your first $100000 fast. If you want to achieve you financial independence sooner than later this useful tips on how to save 100000 USD will help you reach the goal in shortest amount of time possible.
This video definitely puts some light on how to manage your money and boosts your financial eduction.

Charlie Munger, an American billionaire, a longtime business partner, and friend of Warren Buffet, the vice-chairman of Berkshire Hathaway, believes that the first $100,000 is the hardest to get. It is actually a common opinion among reputable investors. Once you amass 100,000 dollars, everything else from there becomes significantly and exponentially easier.
We are going to walk through the most important strategies in order to reach the first $100,000 as fast as possible.

1. Start!
One of the most significant obstacles that people face is just starting. The first step is always the hardest, not just for investing but in every aspect of life. If you don't start anything, obviously you can't finish it.
2. Limit risk
Risk is the next frequently used excuse. Many people are afraid of going into investing world since they believe it's too risky. Actually, investing may or may not be risky. You can prevent losses if you follow reasonable strategies mentioned on this channel and be patient enough.
3. Confort zone
Another reason is that you need to be able to go out of your comfort zone a bit. Gaining 100,000 dollars requires some changes to your current lifestyle.
4. Save!
You should start saving now, and every day comes with a new idea of saving and increasing your income. Researching profitable stock will replace daily researching consumer goods like clothes, cars, phones, and more.
5. Earn more
Growing your income is the most important way you can save and invest more money.
6. Low risk investments
You can use a dollar-cost averaging strategy and purchase this extra 100 dollars for investing in stocks. By making more money, rather than decreasing the expenses, investing won't affect your daily life.
7. Know yourself
One other thing you should do to reach your goal is to figure out where are your weaknesses and limitations or what are the factors that are holding you back from reaching the next level.

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Investor Weekly is providing financial education to people who want to discover passive income sources and seek financial freedom. We cover a wide spectrum of topics which help our community to better understand the complicated world of investing, money management, business, stock market, crypto, economy, personal finance, real estate investing.

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