Wondering how to save $100,000.Yes, the whopping six-figure milestone. It’s one of the hardest things to do in your personal finances but is also a revolutionary financial achievement.
Not every job is the same, but you need to find ways to improve your career worth, understand the direction of your job and skills, and not be afraid to ask for what you are worth.
In hindsight, I probably could have caught up to my current savings had I paid all my debt off. But I also would have missed out on some awesome travel experiences that I definitely would not have been able to afford.
You have to invest your money in the stock market besides just saving. This does not mean throw all your cash at a single stock. Be smart. Do your homework and of course have cash reserves.
The higher your savings percentage, obviously the better.
But start off where you can and overtime with raises and extra cash, you should also be increasing this percentage.