Why Net Worth Explodes After $100K (And How You Get There) | NerdWallet

Thanks to proportional returns and compound growth, once you surpass $100,000 in net worth it grows much faster. Finance Nerd Marko - Whiteboard Finance breaks down in detail how this happens while also providing some tips on how to get to your first $100,000.

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Chapters:
0:00 -Intro
0:21 - Proportional Returns Explained
1:14 - Compound Growth Explained
3:06 - Idea #1 To Help You Get To $100K - Make Money Work
4:42 - Idea #2 To Help You Get To $100K - Increase Your Income
6:17 - Idea #3 To Help You Get To $100K - Reduce Expenses
7:40 - Idea #4 To Help You Get To $100K - Tax-Advantaged Accounts
9:20 - Final Thoughts

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Why Net Worth Explodes After $100K (And How You Get There) | NerdWallet
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