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In this video, I break down why $100,000 is such a significant milestone in your personal finance journey and how compound interest makes it a game-changing threshold. Understanding financial literacy is crucial as we explore the time value of money and how it accelerates your path to financial freedom. At the end, I'll share practical steps to help you achieve your first $100K and beyond, putting you on track toward financial independence. 🚀 Become a member of this Youtube channel: / @financiallypresent Download your Free 10 Crucial Steps to Financial Presence: https://financiallypresent.com/ebooks... Chapters: 00:00 Intro 00:30 The Numbers 01:12 Compound Interest 01:42 Visual 02:44 Contributions are Consistent 04:06 Me vs my Twin 04:56 Cost of waiting 06:12 Tip 1 To get your net worth to $100k and more 07:27 Tip 2 To get your net worth to $100k and more 08:01 Tip 3 To get your net worth to $100k and more 08:41 Tip 4 To get your net worth to $100k and more