Do THESE 3 Things to Make Your First $100,000 | Warren Buffett
Автор: The Buffett Playbook
Загружено: 2026-01-11
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Do THESE 3 Things to Make Your First $100,000 | Warren Buffett #WarrenBuffett #FinancialWarning #RetirementPlanning
1. The first $100,000 is the hardest to accumulate due to minimal compound interest.
2. Once reached, compounding accelerates wealth building dramatically.
3. Goal: Save $100,000 in 2 years or less by saving ~$4,167/month.
Method 1: Obsess over savings rate – track every expense, cut ruthlessly (housing, transport, food, entertainment, subscriptions, clothing).
4. Method 2: Dramatically increase income via side hustles, overtime, gigs (e.g., freelancing, Uber), and selling unused items.
5. Method 3: Invest every saved dollar immediately in a low-cost S&P 500 index fund using dollar-cost averaging.
6. Requires intense discipline and sacrifice for 24 months, but builds lifelong wealth habits.
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