Saving $100,000 by age 26(as an Engineer)
In this video I want to talk about how I saved over 100 thousands dollars in just two years and how you can do it too!
Before I start I just want to mention that I did not come from money, in fact it’s the opposite, I grew up in a low income city in southern California, I was raised by a single mom, I attended public schools my whole life. I didn’t inherit any money and I started with a net worth of negative $30,000 thanks to student and car loans. So how did I do it?
Well, let’s begin with the most important step, the motive, why do you want to save 100k? Is it for an emergency fund? Do you want to buy a house? Or maybe you just want to see 6 digits in your bank account? Whatever the case may be, you have to really think about why you want this money? And use that as the main driving factor for you to save. In my case and I’m going to be honest, it wasn’t for a good reason but it was a reason strong enough to allow me to make the necessary sacrifices to do it.