This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
The 2nd, 3rd, and so on 100k comes as easy as popping popcorn
Compound Interest Is Actually REAL
Compound interest is a real thing. That’s why the rich keep getting richer without even trying. The more money you have in your bucket, the easier it becomes for your money to create more money; this is just the way the money game works. Don’t be mad at rich people; develop an understanding, so you get the opportunity to experience wealth yourself.
How To Save 100K
There’s no easy way to save 100k, and if you’re looking for one, you won’t find it. It’s a pretty mundane process unless you win the actual lottery and make a sh*t load of money each year. The best way to save your first 100k is to do the following:
Consistently invest most of your income in a diverse range of assets (e.g., real estate, private equity, crypto, and stocks).
Live below your means.
Cut the frivolous purchases.
Avoid large and unnecessary purchases.
Implement the buy five rule.
Don’t try to keep up with your friends who are buying new cars, clothes, and houses.
Continuously raise your income, but keep your expenses low.
Maintain multiple sources of income.
Keep your investment portfolio diversified.
Live with other people to keep your housing costs low.
Educate yourself on personal finance, so you can implement intelligent strategies that will work for you and your goals.
Stick to a budget.
Keep the goal in front of you whenever distractions confront you because they most certainly will.
Focus on long-term instead of short-term satisfaction.
You have to be hungry to reach your first 100k. It will not be easy for most people and will not be the most fun journey. It could take a while, but once you reach it, you will learn the power of compound interest as you head towards your first million. It’s more than doable. To reach these milestones, you don’t have to be a celebrity, athlete, or an extremely high earner. It just takes discipline and a definite purpose with a clear strategy. Good luck!
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.