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Many of you have heard about the goal of having a net worth of 100,000 by 30 and wondering whether it is realistic to achieve it or not.
But in today's video, I will talk about something else because reaching this milestone is not just a number on a balance sheet. It will change your mindset when it comes to finances and wealth accumulation,
The subjects:
1. Compound interest
2. Investment Opportunities
3. Financial stability
Conclusion:
Although 100,000 may symbolize a milestone, it is just the beginning because when you cross 30, more expenses will be incurred, especially major expenses like buying a property, getting married, renovation of the house, the newborn, the parents' retirement supplement and bills if necessary
But can we all agree that it is better to aim and reach $100,000 than not have it and suffer from the shortage.
It also doesn't mean that if you can't reach $100,000 it means you're losing out because you have a different family or financial situation, like paying off family/student loans when you started working. No financial advice. Do what is best for your situation.
#Sponsored by #Webull
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