Hellow guys, Welcome to my website, and you are watching Accountant Explains: Why Your Net Worth Explodes after 100K (The Truth). and this vIdeo is uploaded by Danish Ghazi at 2024-07-01T16:51:37-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Accountant Explains: Why Your Net Worth Explodes after 100K (The Truth) |
| Video Uploader | Video From Danish Ghazi |
| Upload Date | This Video Uploaded At 01-07-2024 23:51:37 |
| Video Discription | Unlocking the Magic: How Your Net Worth Soars Beyond $100K 🚀 Discover the math behind this financial milestone and learn actionable strategies to accelerate your journey to $100K in investments! First, Get Your Free Credit Score in under 3 minutes: https://imp.i203032.net/Ry32Kv ► Start Investing in the Best Canadian Index Funds / ETFs using Wealthsimple: https://wealthsimple.sjv.io/0JXbBJ ► Basic Portfolio & Dividend Tracker Spreadsheet: https://bit.ly/3pqImqz Enjoyed the video and want to see more? Buy me a coffee ☕ 👉 https://www.buymeacoffee.com/danishghazi Join this channel to get access to perks: https://www.youtube.com/channel/UCYHyCMjZTya2rB3L7w8kN2w/join 💰 FREE MONEY - STOCKS & CRYPTO: ► $50 SIGNUP BONUS - WEALTHSIMPLE: https://wealthsimple.sjv.io/0JXbBJ ► $50 SIGNUP BONUS - Questrade: https://www.questrade.com/?refid=DANISHCPA ► FREE $30 To Buy Crypto in Canada: https://bit.ly/3VoChvi 😎 INVESTOR SUPPORT: ► My Real Time Portfolio: https://bit.ly/3otgiDY ► Side Hustle Income / Expense Tracking: https://bit.ly/3KLTjge ► Best Canadian Banks ETF Analyzer: https://t.ly/6O0XQ ► Advanced Portfolio and Dividend Tracker (Excel): https://t.ly/6O0XQ ✅ SPECIAL OFFERS: ► Free 1st Month High Speed Internet by Oxio: https://bit.ly/42piQUJ ► Free Credit Score in under 3 minutes: https://imp.i203032.net/Ry32Kv ► Switch to Freedom Mobile and get $25 Service Credit: https://referme.to/danishg-20 ► PolicyMe Free Insurance Quote (No Obligation): https://policyme.pxf.io/P0GMrq ► $20 to try KOHO – a new way to Save and Spend without fees: https://kohofinancial.pxf.io/x96zRk ► Zero Fees on International Money Transfer (Up to $800): https://wise.com/invite/u/danishg13 ► $30 Credit from DoorDash: https://drd.sh/xmSwdKmqIflfzCwc ► Earn Cash Back on Online Shopping: https://bit.ly/3aLmGQy ► Earn Money by Completing Short Surveys on your phone: https://bit.ly/3zPimwm 📚 BEST PERSONAL FINANCE BOOKS: ► Building Wealth and Being Happy: https://amzn.to/3hJKgkh ► Unshakeable: Your Financial Freedom Playbook https://amzn.to/3oVwc89 ► The Richest Man in Babylon https://amzn.to/3qxNWa0 🛒 MY GEAR: ► Google Pixel Buds Pro: https://amzn.to/3rjHVno ► Logitech Wireless Mouse: https://amzn.to/38xV9Qz ► Samsung Galaxy Watch4: https://amzn.to/37zeUK2 ► Anker Wireless Charger for iPhone 15: https://amzn.to/3g0LEhG ****** WATCH NEXT: ▶ Top 3 Index Funds/ETFs to Buy in Canada 2024 | Investing For Beginners TFSA/RRSP https://youtu.be/ydniCdo_et4 ▶ How Dividends Are Taxed in Canada | How to Live off Dividends Tax Free https://youtu.be/HB6LmLUpgfM ****** 0:00 Understanding Compounding 1:25 The Snowball Effect in Investing 2:17 Real-Life Example of Compounding 5:03 The Power of Dividend Reinvestment 7:40 Avoiding Lifestyle Creep 9:01 The Impact of Starting Early Achieving the first $100K is undeniably challenging, yet it’s a vital steppingstone towards financial prosperity. The strategies to reach this milestone faster include: 1. Enhancing Earning Potential: Invest in skills and opportunities that increase your income. Embrace side hustles, seek promotions, or change jobs to higher-paying roles. 2. Smart Budgeting and Spending: Vigilant management of expenses, prioritizing savings, and investing wisely can accelerate the journey to $100K. Every dollar saved is a dollar that can grow through investment. 4. Investing Consistently: Regardless of market conditions, regular investments in diversified portfolios can leverage the power of dollar-cost averaging, mitigating risks and smoothing out returns over time. Crossing the $100K threshold in net worth is more than a milestone — it’s the gateway to exponential financial growth. By understanding the mathematical principles of compound interest and implementing strategic financial behaviors, individuals can significantly accelerate their wealth accumulation process. Remember, the journey to financial independence is marathon, not a sprint, and the real magic starts happening once you’ve laid down a solid foundation of $100K Disclaimer: This channel is for education purposes only and opinions expressed in this video are based on personal research and should be treated as such. These are not instructions, suggestions, nor directions as to how to handle your money. The facts and figures presented in this video are up-to-date based on the recording. These may have changed based on when you watch the video, please, always do your own due diligence! The description of this video includes Affiliate links (I get paid at no cost to you for trying out a particular service.) #wealthbuilding #financialfreedom #compoundinterest #investingtips #sustainablewealth #moneymindset #NetWorthGoals #financialliteracy #investsmart #wealthjourney |
| Category | Entertainment |
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