My First $100,000: How Long it Took to Save

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Пікірлер: 468

  • @leosotelo5119
    @leosotelo51192 жыл бұрын

    Always been a broke guy, two years ago I just started saving and saving. Right now I’m close to reaching 30k that’s a big milestone for me. Better late then never.

  • @kaitlyncranwick
    @kaitlyncranwick5 ай бұрын

    The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

  • @maggysterling33254

    @maggysterling33254

    5 ай бұрын

    Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

  • @maryHenokNft

    @maryHenokNft

    5 ай бұрын

    I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over $745k working with an investment coach for more than two years.

  • @BiancaSherly-qt6sb

    @BiancaSherly-qt6sb

    5 ай бұрын

    @@maryHenokNft Do you mind sharing info on the adviser who assisted you?

  • @maryHenokNft

    @maryHenokNft

    5 ай бұрын

    *Camille Alicia Garcia* maintains an online presence. just make a simple search for her name online.

  • @StellaMaris-lv2uq

    @StellaMaris-lv2uq

    5 ай бұрын

    oh! i never take this advises online seriously, but i checked Camille up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response

  • @ThreeTwentyTech
    @ThreeTwentyTech3 жыл бұрын

    People think that saving money is just budgeting... But it's so much more than that. It's self control, discipline, figuring what is a need and what is a want, and most importantly, it's about independence and growth.

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    Couldn't agree more!

  • @griso107

    @griso107

    3 жыл бұрын

    Cool comment..very true 👊

  • @ThreeTwentyTech

    @ThreeTwentyTech

    3 жыл бұрын

    @@steveantonioni I've built an entire lifestyle on saving money and it has helped me in so many ways. How do you save your money?

  • @ThreeTwentyTech

    @ThreeTwentyTech

    3 жыл бұрын

    @@griso107 Man that's a really intelligent mindset to have! People like you inspire me to stay on track and spend wisely. I wish you all the best, brother! 🙏🏻

  • @griso107

    @griso107

    3 жыл бұрын

    @@ThreeTwentyTech thankyou man..big respect 👊

  • @BigBen_Fitness
    @BigBen_Fitness3 жыл бұрын

    5 things to quit right now: 1. Overthinking 2. Trying to make everyone happy 3. Living in the past 4. Worrying 5. Doubting yourself

  • @easton7131

    @easton7131

    2 жыл бұрын

    haha i do all of those. any tips?

  • @charlieodonnell4510

    @charlieodonnell4510

    2 жыл бұрын

    I needed this! Thanks man

  • @larrylightfoot8738

    @larrylightfoot8738

    2 жыл бұрын

    You have no idea how much I needed to hear this today, thanks man

  • @JulioReguero

    @JulioReguero

    2 жыл бұрын

    6. Working on a corporate job that doesn’t appreciate your value and underpay you.

  • @MADBADBRAD

    @MADBADBRAD

    2 жыл бұрын

    I do all these things.

  • @Chris-kq3ix
    @Chris-kq3ix2 жыл бұрын

    I'm 33 and I started my journey to financial freedom two years ago. I'm closing in on my first $50k, and have been building a bit of momentum as of late. You've inspired me sir. I have a dream of being a home owner one day, and seeing your determination and accomplishments encourages me that it's possible. I will achieve my dream towards home ownership and financial freedom. If you're reading this, never give up. We can do this!

  • @OFFTHEDOMEApparel

    @OFFTHEDOMEApparel

    2 жыл бұрын

    Sheesh congrats man! Where are you now 6 months later ?

  • @Chris-kq3ix

    @Chris-kq3ix

    2 жыл бұрын

    @@OFFTHEDOMEApparel It's been a grind! Hit a few speed bumps, but still plugging away! $59k and counting!!!

  • @OFFTHEDOMEApparel

    @OFFTHEDOMEApparel

    2 жыл бұрын

    @@Chris-kq3ix do you wish you started getting serious about your finances sooner ? And why didn't you start sooner ? What held you back ?

  • @Chris-kq3ix

    @Chris-kq3ix

    2 жыл бұрын

    @@OFFTHEDOMEApparel absolutely I wish I got serious about it sooner. I made a lot of poor decisions. Addiction, homelessness, incarceration. Turned my life around 5 years ago, and I’m never looking back! Glory to God! 🙌

  • @OFFTHEDOMEApparel

    @OFFTHEDOMEApparel

    2 жыл бұрын

    @@Chris-kq3ix Bad things can happen, and often do, but they only take up a few pages of your story; and anyone can survive a few pages.

  • @soolly357
    @soolly3572 жыл бұрын

    Getting the first 10k was a challenge for me. Then 20k then 50k now 100k. Your are right it's not a finish line. Just keep doing good things. And have a good core.

  • @McElvinn
    @McElvinn11 ай бұрын

    Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 15 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

  • @carolynrose1816

    @carolynrose1816

    11 ай бұрын

    Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.

  • @corrySledd

    @corrySledd

    11 ай бұрын

    @@carolynrose1816 I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.

  • @AUstinnesc

    @AUstinnesc

    11 ай бұрын

    @@corrySledd I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

  • @corrySledd

    @corrySledd

    11 ай бұрын

    @@AUstinnesc My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.

  • @AUstinnesc

    @AUstinnesc

    11 ай бұрын

    @@corrySledd Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

  • @damondominique
    @damondominique3 жыл бұрын

    these transitions are worth $100,000 👏🏼👏🏼👏🏼

  • @KT-rh7hq

    @KT-rh7hq

    2 жыл бұрын

    This is an eye opening video. Thank you so much for sharing your experience. May I ask how much money you were actually able to save each month to reach your 100k mark in four years time? Thank you!

  • @isaacdiaz5661

    @isaacdiaz5661

    2 жыл бұрын

    @@KT-rh7hq $2100 per month

  • @EricFloberg
    @EricFloberg3 жыл бұрын

    Man. This is an absolute masterpiece.

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    Thanks buddy! Appreciate it 🙏🏼

  • @giovanapc1
    @giovanapc13 жыл бұрын

    The first $100k is such an important milestone, it truly is, so huge congrats to you, Steve! Now we're just crossing the 500k mark which is also major and let me tell you, it's getting more and more exciting as we see the goal getting closer. Good luck to us all! FI will be here before we know it.

  • @jamiecollins-realestate5041

    @jamiecollins-realestate5041

    2 жыл бұрын

    Congrats! And good luck

  • @AlexaMadison1
    @AlexaMadison12 жыл бұрын

    The moment you stop thinking about your bank account, you think about enjoying your life and finding what you’re passionate about. And that will be able to make you more money.

  • @jont2576

    @jont2576

    2 жыл бұрын

    The question is how much is enough?what is financial freedom?when can we finally stop worrying and start living our lives?money in my opinion is just a placebo a cushion for all our anxiety and fears in life from childhood till adulthood. It never feels enough because people focus on money and "happiness" watch Steve cutts "happiness" instead of facing their true fears and anxiety and emptiness. 100k is a lot of money to save,that's like 20,000 chik fil a chicken sandwiches if ur poor or homeless,but when u get there it feels like nothing,it doesn't soothe ur anxieties,I too in my twenties have reached higher and higher milestones,first it was 3k then 5k then 7k then 10k,I started from zero many times,but even at my highest,I never felt any better. It's no wonder people have millions and are never truly happy,they are chained to this never ending life of futility and despair. People set their financial freedom goal at 300k or 500k or 1 million,the goal where magically something in their minds would snap free and they would be a free man,but why does it have to be so much?that u spend half ur lifetime trying to reach it before u can start living ur life? What is it u can't do in life really with 20 or 50k that u can do with 100 or 200k? Anything u cant do or go? At the end of the day we all live in the prison of our minds, everything is just a construct all the rules u make it up urself.

  • @BrokeAgain

    @BrokeAgain

    2 жыл бұрын

    yea if u have money! lets see how that feels when anlandlord is knocking for payment and u are about to get evicted with no car….

  • @jensentung
    @jensentung3 жыл бұрын

    This man gets money AND living life.

  • @MalluStyleMultiMedia
    @MalluStyleMultiMedia2 жыл бұрын

    After working at gas stations for few years, I bought my first property at the age of 19. I planned out everything. I thought I was going to be a millionaire soon. The following year (in 2007), the real estate got crashed and crushed me. 😂🤯 my property value went from 140k to 40k. While most of the people went through foreclosures, I managed to keep it by renting out my other room and then when it got so bad, I ended up renting out my living room too. $hit happens but the show must go on. In 2013 I bought another small property. Then in 2016, I bought another property. I only have a 2 year college degree. One of my goals were to take a mini retirement vacation. So I took two years off completely from work. Now I’m back to work. Am I rich? Hell no. Lol … but I enjoyed my life journey.

  • @highestpotential718
    @highestpotential7182 жыл бұрын

    23 years old, nearing my first 70k, exactly the perspective i need to encounter rn. puts into words many insights i've had throughout my journey. thank you, congratulations, god bless, and onward

  • @jamiecollins-realestate5041

    @jamiecollins-realestate5041

    2 жыл бұрын

    Congrats to you… keep it uo

  • @erichouse7720

    @erichouse7720

    2 жыл бұрын

    How are you making so much money?

  • @BlackDub21

    @BlackDub21

    2 жыл бұрын

    13 year old here with 50k almost there penny by penny

  • @highestpotential718

    @highestpotential718

    2 жыл бұрын

    @@erichouse7720 working for the post office and living cheaply, investing all that's left after covering my monthly expenses

  • @highestpotential718

    @highestpotential718

    2 жыл бұрын

    @@BlackDub21 freaking beast mode bro, i have so much respect for that. be sure to enjoy life all that you can, financial freedom is very worthwhile but so is a moment-to-moment fulfilling experience

  • @henrikraymond5235
    @henrikraymond52352 жыл бұрын

    Nice content! The best way to find that balance between saving and living is by investing, this way you get to have your savings intact and then live comfortably of the revenue coming in from your investments.

  • @binagital5665

    @binagital5665

    2 жыл бұрын

    His trade execution quality and profiting is well structured with great financial features.

  • @lindalily6924

    @lindalily6924

    2 жыл бұрын

    Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.

  • @jasonthomas269

    @jasonthomas269

    2 жыл бұрын

    Good good content.

  • @abscottcoleman400

    @abscottcoleman400

    2 жыл бұрын

    Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.

  • @katlinmicheal8121

    @katlinmicheal8121

    2 жыл бұрын

    I've seen so many review about this man called Romero pieto who is he ?

  • @godwin_njoroge
    @godwin_njoroge3 жыл бұрын

    😂 That intro skit killed me. So accurate. We get so caught up in our next milestones that we forget to celebrate our wins

  • @jamiecollins-realestate5041

    @jamiecollins-realestate5041

    2 жыл бұрын

    So true!

  • @aramatkinson
    @aramatkinson3 жыл бұрын

    I really enjoy your calm vibe and how you look at money. Couldn't agree more about monetary value = time value. I'm on the early days of my own journey and hearing you say 4 years rather than 4 weeks gives me quite a lot of comfort and confidence in seeing this through over the long haul. Because as you say, it's really not that long in the grand scheme of things! Big respect for being so savy so early on in life!

  • @souperbeefy.
    @souperbeefy.2 жыл бұрын

    I’m so glad I found this channel! Steve is so articulate and thinks outside the box, his vids really get me thinking I might have a hard time saving 100k considering I only work about 14 hrs a week. I might have to bite the bullet and increase my hours so I can save up

  • @SHERONinator
    @SHERONinator3 жыл бұрын

    Beautiful cinematography! This resonates deep with me as I'm trying to hit the 100k milestone by my 25th bday this year

  • @themtbshredder5828

    @themtbshredder5828

    2 жыл бұрын

    Any updates?

  • @jamiecollins-realestate5041

    @jamiecollins-realestate5041

    2 жыл бұрын

    Good luck! It’s no easy feat

  • @SHERONinator

    @SHERONinator

    2 жыл бұрын

    @@themtbshredder5828 Good news, I've just hit the 100k mark🙏🏼 All praise to the stock market God's, couldn't have done it without them!

  • @xxDrewJamesxx

    @xxDrewJamesxx

    2 жыл бұрын

    Awesome man!! I am 30 closing in on my 100k saving goal hopefully by the end of the year, many blessing to you!

  • @SHERONinator

    @SHERONinator

    2 жыл бұрын

    @@xxDrewJamesxx thanks, I'm rooting for you. Hopefully you can reach it ahead of time!

  • @zc7800
    @zc78002 жыл бұрын

    At Feb 2009, wife and I had US$ -138K due to student loans and car loans. Today we have 2.5M invested, with homes and cars already paid for. Once we determine what kind of life style we pursue, it just matter of time. As family of 4, we set a budget of $40K per year, all the extra money we earned just become tools that we invest to make life easier for future.

  • @danielortiz9736
    @danielortiz97362 жыл бұрын

    Agree!! this just happened to me. I was so fixated on saving and investing that I was losing track of all of these other things in my day to day. + is was really having a toll on my mental health and making me even more emotional which is a no no when investing.

  • @MadRezStudios
    @MadRezStudios3 жыл бұрын

    Money is the motivation so that it doesn't have to be. Beautifully said. I always say I am obsessed with this now so I never have to think of it again.

  • @erikswartout4194
    @erikswartout41942 жыл бұрын

    “Money is the motivation so it doesn’t have to be.” I felt that

  • @vivianbrown7264
    @vivianbrown72642 жыл бұрын

    Investing in the stock market is the most common way for beginners to gain investment experience.

  • @ameliagarcia3485

    @ameliagarcia3485

    2 жыл бұрын

    Unlike consuming, investing earmarks money for the future, hoping that it will grow over time.

  • @stephenwalters2605

    @stephenwalters2605

    2 жыл бұрын

    The decision to invest is an acknowledgement that it comes with certain risks. Not all investments will do well and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.

  • @emilydavis8321

    @emilydavis8321

    2 жыл бұрын

    To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal.

  • @ellajackson34

    @ellajackson34

    2 жыл бұрын

    Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline. Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.

  • @georgeharold3317

    @georgeharold3317

    2 жыл бұрын

    I have been trading with TAMARA DIANE HAGAN and her strategy works perfectly for me as a beginner.

  • @bhavananagarajan311
    @bhavananagarajan3113 жыл бұрын

    Your videos are just so...... peaceful! I love that nature plays such a big role in your videos. Also your content is perfect! Glad to say here before a million subscribers!!

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    I've always loved capturing nature when I would make videos as a hobby, why stop now? :)

  • @bhavananagarajan311

    @bhavananagarajan311

    3 жыл бұрын

    @@steveantonioni 😀😀❤️

  • @makedollarswork
    @makedollarswork2 жыл бұрын

    Seriously. I don't even know what to be in awe of most: your honesty, the wisdom, the video editing?! Great work! 👍

  • @WreckTheReckless
    @WreckTheReckless3 жыл бұрын

    Totally agree with money being a motivation now, so it doesn’t have to be later. I am obsessed with saving and maximizing my corporate income now, so in my late thirties I can just volunteer on a sheep farm and live a simple, hard-working life and never have to think about money again. Just got a raise today, plugged it into my F.I.R.E. calculator and realized “Wow, I just negotiated 2 years of my life back.”

  • @StrikeFirstFinance
    @StrikeFirstFinance3 жыл бұрын

    :27 was too perfect! Everything feels the same. It’s only when you’re able to increase your monthly income when you can experience that crossing the tape feeling over and over again!

  • @Rid-db5ul
    @Rid-db5ul3 жыл бұрын

    Congrats on the milestone! A good reminder that you don't need to hit a milestone to go after doing the work you enjoy. Re: money and happiness, I agree. Money is just a catalyst.

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    Thanks man! Yeah, catalyst is a great way to put it

  • @THU350
    @THU3503 жыл бұрын

    i forgot to ask, when you save 100000, does that include mostly retirement like 401k or is it liquid like stocks?

  • @skibblybub
    @skibblybub2 жыл бұрын

    I was expecting spreadsheets and numbers. To see this as more of the psychological side of saving the first 100k is very interesting and inspiring. Thanks for the great content.

  • @AzureViking
    @AzureViking3 жыл бұрын

    Can't agree more. I want to make money so I don't have to worry about making money so I can do what I want regardless of financial benefit. I don't want the need to make money corrupt what I want to do or how I want to do it.

  • @HigaTVz
    @HigaTVz2 жыл бұрын

    "Money is the motivation so it doesn't have to be" - that hit different, well said

  • @CarlosMiguelCostaSoares
    @CarlosMiguelCostaSoares3 жыл бұрын

    That´s why I follow you! Passive income and a slow path that you are going thru. Thanks for your words and videos.

  • @bradonvega4965
    @bradonvega49652 жыл бұрын

    3months I'll be @ 100k 💪

  • @Tomoon_
    @Tomoon_3 жыл бұрын

    Each video is better than the last! We are lucky to have you on KZread.

  • @klaustkessel
    @klaustkessel2 жыл бұрын

    "Money is a representation of frozen time." Then you buy stuff with that money. Then you're house is full of stuff you don't want. 😄

  • @cat-np1kv
    @cat-np1kv2 жыл бұрын

    You're my new favorite youttube creator, I align so much with your attitude towards wealth and money. Coming from a family with very negative relationships with money, I needed to re educate myself and you're helping with that!!! Also the filmmaking quality of your videos is top notch

  • @Kin-my5fb
    @Kin-my5fb2 жыл бұрын

    Glad I encountered this video. Started off the year strong with saving $. A few unexpected expenses recently set me back, then I began to splurge a bit. I’ve got to get back on point!

  • @DeeJayPuffy
    @DeeJayPuffy2 жыл бұрын

    Such a great video! I sent this to my siblings. Great advice and I love that final quote. Thank you!!!

  • @Brian-3000
    @Brian-30003 жыл бұрын

    Money is just the transfer of “value.” I don’t fully associate money with time because you’ll never get said time back that you exchanged for money. However, you can exchange that money for experiences, food, clothes, and to help others (happiness/fulfillment.) So money can unlock freedom and doors to your point, but money really is just a form to capture value (and in terms of a job it’s the salary that quantifies your skills & experiences) so saving that value and growing it long term makes sense but you can’t discount the fact that you’re foregoing current / short term experiences in the process. Which is invaluable and really dependent on your financial / personal goals in life.

  • @madman3891

    @madman3891

    3 жыл бұрын

    "I don’t fully associate money with time because you’ll never get said time back that you exchanged for money." Well its a far more efficient use of your time then attempting to produce everything yourself. " you can’t discount the fact that you’re foregoing current / short term experiences in the process" That's obvious but I don't see why that's important, in a sense you trade time for time which is necessary for average living comfort. Unless you plan on living as a monk with no connection to civilization.

  • @howtoadultschool
    @howtoadultschool2 жыл бұрын

    This intro was hilarious and so true! I thought getting to 100k would be magical, but all of a sudden that goal post shifted when I got there. Great video 👌

  • @lauraantonioni3842
    @lauraantonioni38423 жыл бұрын

    Your message totally resonates. Even with those of us getting close to retirement. It reinforces that money is the what that enables the why.

  • @drewseller1511
    @drewseller15112 жыл бұрын

    very proud to say at 25 just reached my 100k goal 😭🙏🙏

  • @drew.reads.
    @drew.reads.3 жыл бұрын

    This channel is going to blow up quick! Absolutely amazing content

  • @Fantistisch
    @Fantistisch2 жыл бұрын

    "Money is the motivation so that it doesn't have to be". Yes. That's exactly me.

  • @trackgurl7243
    @trackgurl7243 Жыл бұрын

    Hey I love your videos. I find them very inspiring and aspire to follow suit. What are your thoughts on life insurance? I currently have an IUL and a term policy and am curious as to what your thoughts are about them. Thank you so much for sharing your experience with us! Keep inspiring others and doing what you love!

  • @breffnyoreilly817
    @breffnyoreilly8173 жыл бұрын

    Feel like I am watching a documentary the quality is so good. I love how you take your time when you speak, makes me relax into the video so much more.

  • @Zaerki
    @Zaerki3 жыл бұрын

    Thanks Steve. Lately, the market pullback on growth has really been bringing me down, and this was the exact message I needed.

  • @Sky-wakka
    @Sky-wakka2 жыл бұрын

    11:40 yes it resonates. I like the metaphors about locked up time.

  • @LucasPelizaro
    @LucasPelizaro3 жыл бұрын

    This is so good, I've started my financial journey and videos like this really helps me keep myself on track

  • @Float_Locker
    @Float_Locker2 жыл бұрын

    Great video. Very well done and the message is presented very eloquently and gets the message across in a very impactful way…..like fine art.

  • @ASXInvestor
    @ASXInvestor3 жыл бұрын

    Your ability to tell a narrative filled with so many insights is masterful 👏

  • @birdofpassage9875
    @birdofpassage98753 жыл бұрын

    I look at each milestone as another race against the hedonic treadmill. I am sure that as I look beyond FI I will continue to set certain goals. I get inspired by cases of FI in videos like this. Quite honestly knowing that I can afford to support myself without a job offers all the peace of mind and motivation to pursue it. Perhaps after, it will become the excuse of why I should upgrade my living standards, knowing that what has been and continues to be invested can grow and build over time to support it.

  • @Forbiddenknowhow
    @Forbiddenknowhow2 жыл бұрын

    When you save 100bands and become a philosopher 😂

  • @myfinancialclimb3121
    @myfinancialclimb31213 жыл бұрын

    I'm not sure how to say I've saved, because all of mine aren't completely liquid. So it's hard to know if that's technically "saved" or just "invested". If we don't care about differentiating, then I'd say it took me slightly over 2 years to go from 8k to 100k. Debt was the only thing slowing me down, but I was able to pay that down and imvest/save at the same time. I'm REALLY hungry and motivated and believe/hope that I can be at my first million in 7 years from now.

  • @stephgonzalesc

    @stephgonzalesc

    3 жыл бұрын

    Wow, how did you do it so fast?!

  • @myfinancialclimb3121

    @myfinancialclimb3121

    3 жыл бұрын

    @@stephgonzalesc Well, there are several contributing factors. The biggest one is probably savings rate though. My salary during the time, on average, has been around 59k, which is right around the average US income. However, my spending has only been around 23k a year. Very lean. So, I've saved very aggressively, as much as I can. I've contributed to my job's Roth 401k and just started maxing it out 8 months ago. They give me 5% when I put in 10%. That helps. I opened a Roth IRA towards the end of last year, maxed it out and have already maxed it out for this year. Crypto has played a small roll as well, but it's not like I had added a ton or took some crazy risk on some new coin. I only put in 5,500 total into a mix of ETH and XLM. I've made a 250% return on that so far. And lastly, I've busted my butt with my side hustle. I've been doing it for a little over 2 years now, but I STILL haven't paid myself yet. All money is being invested back into it, so my growrh can be aggressive. Next month I calculated I should probably be able to start paying myself 2,500 a month through it, which will start to put me over that 100k edge in just over that 2 year mark from when I started saving aggressively. This was rather long, but I hope this answer satisfied you. I'm personally trying to document my growth here on KZread, to show people how I'm doing it, along the way. I'm not very good with my scheduling (😅), but I wanted to get a start last year, because I feel like it will be more interesting to show me when I first started out. It wouldn't be as interesting, I feel, if in 6-8 years or so, I start documenting, but I'm already at that 1 million mark, with no real context or body behind it.

  • @shauryanarang
    @shauryanarang3 жыл бұрын

    Holy shit this production quality is insane

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    Appreciate that Shaurya!

  • @uriallon
    @uriallon Жыл бұрын

    What camera do you use? Thanks

  • @jackson615
    @jackson6153 жыл бұрын

    This was very insightful and the way you discuss this topic definitely shows how humble & honest you are. Also, I find your voice extremely soothing. You should make an audiobook! lol - great stuffs!

  • @jacobwestin6793
    @jacobwestin67932 жыл бұрын

    Your videos are so pleasing to watch! The aesthetics, colors and your voice. Subscribed!

  • @chrispsutka6722
    @chrispsutka67223 жыл бұрын

    Frozen Time! Absolutely love this! Such a cool way of thinking of money. I will be adapting this into my life. Thanks man, awesome video as always!

  • @gabrieltheberge4918
    @gabrieltheberge49183 жыл бұрын

    I don't know how you haven't reach 100k yet this channel is so gold!!

  • @dreamelatte
    @dreamelatte2 жыл бұрын

    This video was perfect. I wasn't bored, you weren't beating around the bush, I felt connected to what you said and I agree with you. Great video, subscribed :)

  • @myfinancialjourney1
    @myfinancialjourney12 жыл бұрын

    I just stumbled upon your channel and this video; love the inspiration you put forth. Instant sub, keep up the great work!

  • @GriffinMilks
    @GriffinMilks3 жыл бұрын

    Great video Steve. Love the production quality as always!

  • @Animefanned
    @Animefanned2 жыл бұрын

    Thank you for sharing such great information. Love the last part.

  • @prolaxbro4474
    @prolaxbro44742 жыл бұрын

    Great video. I have the same goal as u did! I just started tracking my purchases. I spend sooo much but I have 14k saved so I think I got this.

  • @EmanualCriativo
    @EmanualCriativo2 жыл бұрын

    idk how I missed this video back in May and wow! What a storytelling! Loved it

  • @1Bam712
    @1Bam7123 жыл бұрын

    Great video man! Glad to see someone at a similar age to myself with similar goals and financial ideologies

  • @sarahadekola
    @sarahadekola2 жыл бұрын

    Absolutely love this and can’t wait to share how I save my first 100000€ in Europe!

  • @DekiaryCarter
    @DekiaryCarter2 жыл бұрын

    Love your mindset on this topic!

  • @wildlifelouie
    @wildlifelouie3 жыл бұрын

    Your cinematography is insane! Full on Netflix vibes!!!

  • @runewordgames
    @runewordgames2 жыл бұрын

    You know the thing that makes it difficult for me to save is that I wait 2+ weeks to get paid from my job, then when I finally do, I have all of these bills to pay at once. Then with my extra money I feel more tempted to spend money on things because I waited so long to get paid and the idea of doing nothing but sitting in my home just to wait two more weeks to get paid to then pay my bills then sit at home and do nothing.. and have that repeat forever doesn’t sound as appealing. If anyone has suggestions I’m really open for it because I do truly want to be better at spending/saving money

  • @NomadJRG

    @NomadJRG

    2 жыл бұрын

    Try getting paid once a month, that's the norm in the UK. Best advice I have is find things that occupy your time that either make you more money (sidehustles or learning to get you a promotion at work) or don't cost you much money. For example I work 5 days a week and then in the evenings I spend most of my time in my home gym then cook and maybe play a video game and the day is done. Repeat x5 and then you can do more what you want at the weekend but keep on top of spending. Depends what you like to do, I enjoy walking, exercise and visiting friends and family (all pretty inexpensive).

  • @FrugalBC
    @FrugalBC Жыл бұрын

    Great video. To contrast, I was pretty thrilled to hit six figures - but the feeling was fleeting. After hitting the first $100k I relaxed a bit and am enjoying life (though I am naturally frugal). Interesting to find this video because now I’m at the nexus of quitting to focus on growing my side hustles into full businesses. Was there a tipping point for you in terms of income or did you just dive in?

  • @NatePolmateer
    @NatePolmateer3 жыл бұрын

    Introspection is so difficult. Structure is so helpful, and to be honest Steve you in a way are my Northstar for my channel. Love your content! ❤🇨🇦

  • @TheSilentWealth
    @TheSilentWealth Жыл бұрын

    To answer your question - it does resonate with me. It's good to know someone like you exist in youtube.

  • @pranavi.s
    @pranavi.s3 жыл бұрын

    This was so well made! And the reminder at the end, powerful.

  • @rico7471
    @rico74712 жыл бұрын

    Great video! Learned so much from it. Great quality also what camera do you use?

  • @shakerboi6992
    @shakerboi69922 жыл бұрын

    I like this guy. Its refreshing to hear a young person speak about finances with a healthy long-term perspective. Spot on.

  • @LisetteZ3
    @LisetteZ33 жыл бұрын

    Wow, lightbulb moment. I always look at the number when we would be financial independent and it’s so daunting. I’m going to break it up so it’s more manageable. 10k in investment accounts, here we come!

  • @sauceyyy6134
    @sauceyyy61342 жыл бұрын

    Amazing video! I hardly comment but had to on this. Earned a new sub. You will be at 1 Mil beige you know it, keep it up!!!

  • @imCurveee
    @imCurveee2 жыл бұрын

    For anyone struggling to save money, force yourself to do it. Set up automatic deposits to a savings account. Take what your current paycheck is, subtract a significant (but reasonable) amount, like say $200-500, and force yourself to live off your "new" paycheck. It's amazing how you'll learn to adapt, and it will force you to sit down and really prioritize what expenses are really worth it and which ones aren't.

  • @thebritishinvestor.1018
    @thebritishinvestor.10182 жыл бұрын

    Hey, great videos! You are really talented. I need to aspire to this. Nice work. I just have a couple of questions, how long do your videos take to edit? Which software do you use?

  • @BloDzBusTeR
    @BloDzBusTeR2 жыл бұрын

    What camera do you use it looks awesome?

  • @francissaliba5108
    @francissaliba51082 жыл бұрын

    “Money is the motivation so it doesn’t have to be” Sheesh that’s good 🔥

  • @MartinMcClellanGT
    @MartinMcClellanGT3 жыл бұрын

    Beautiful and inspirational! Hopefully it reaches more people!

  • @qmakesithappen
    @qmakesithappen3 жыл бұрын

    Your storytelling is excellent my man, as someone who is on the road to F.I.R.E myself I felt every bit of this video and message!

  • @MalluStyleMultiMedia

    @MalluStyleMultiMedia

    2 жыл бұрын

    👍👍👍 good luck 🍀

  • @qmakesithappen

    @qmakesithappen

    2 жыл бұрын

    @@MalluStyleMultiMedia thanks!! My plan changes so much it's crazy. Life happens and we all have to adjust.

  • @MalluStyleMultiMedia

    @MalluStyleMultiMedia

    2 жыл бұрын

    @@qmakesithappen whatever happens the show must go on

  • @dustieyontararak
    @dustieyontararak3 жыл бұрын

    Somehow you are able to articulate and show the thoughts going through my mind at the most opportune moments. Also these documentary style vids are so awesome 😁 Keep it up, Steve!

  • @hylkevanderheide6820
    @hylkevanderheide68202 жыл бұрын

    Thanks Antonioni! I feel once again Inspired! Not because this information is new to me, but because you brought it back in perspective. Love the journey! Hylke

  • @MalluStyleMultiMedia
    @MalluStyleMultiMedia2 жыл бұрын

    Very clear explanation.. the reality

  • @azxle
    @azxle3 жыл бұрын

    just wanted to say thank you for all the free education! i just opened up a tfsa with wealthsimple inspired by you! your editing is superior, so keep up the good work!

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    Congrats! Thank you for the kind words

  • @tuckerkanderson
    @tuckerkanderson3 жыл бұрын

    Haha love this, congrats Steve, quite a milestone!

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    Thanks dude!

  • @mikebertsch8747
    @mikebertsch87473 жыл бұрын

    Great job dude! Hopefully I will be at 100k in the near future.

  • @mannyluis7961
    @mannyluis79612 жыл бұрын

    Been working since I was 13 years old. Mom drilled into my head how important it is to save my money. Now I’m 28 and I have 2 rental properties and a house my wife and son live in. Hoping that within 3-5 years I can reach financial independence and finally quit my job. Definitely a long journey but don’t get discouraged, it’s not a race what counts is crossing the finish line.

  • @brydakam1168

    @brydakam1168

    2 жыл бұрын

    What’s ur job

  • @mannyluis7961

    @mannyluis7961

    2 жыл бұрын

    @@brydakam1168 been a manager/GM at different restaurants since I was 19 years old

  • @ChristianDossett
    @ChristianDossett2 жыл бұрын

    This frozen time savings metaphor will stick with me! Thank you for sharing!

  • @phil9777
    @phil97773 жыл бұрын

    This channel is underappreciated.

  • @steveantonioni

    @steveantonioni

    3 жыл бұрын

    I appreciate you Philip!

  • @antonyroy4210
    @antonyroy42102 жыл бұрын

    Love the time analogy!

  • @J0A0PEDR01993
    @J0A0PEDR019932 жыл бұрын

    good for u, in portugal, iam saving 60-75% every year. after 6years, less then 40k saved.. U are very lucky born in good country

  • @anojansmart
    @anojansmart3 жыл бұрын

    Wow, you can buy a lot of McDoubles with $100k! Now all we gotta figure out is how to store them so that we can hold McDoubles long term against inflation xD

  • @diegot143
    @diegot1433 жыл бұрын

    preach on brother