Ian Dunlap on Reaching Your First $100,000 Saved

[@Shauntay76]

I agree 200,000 is not alot to chill but it's enough to put you in position to make power moves.

[@lifewithbakari1413]

Exactly you can’t retire on 200k but make some power moves and discover your weaknesses 💯

[@khalil19888]

I ain’t gon lie tho even 200k is not enough a power move could mean puttin up 50k of that 200 and if you are not strategic on how you will make that 50k work it’s just a loss

[@orlandorobinson9369]

What type of "power moves"?🤔

[@KinLarkin513]

Stock market ​@@orlandorobinson9369

[@Yeaaa-jf5gr]

Saving $100k is a major milestone, but it’s not the end of the journey! It’s truly just the beginning.

[@joyofalltrades1239]

👏🏾👏🏾👏🏾

[@joshbrown3060]

We (Black People, since we on the bottom of the racial wealth gap) need to start adapting to the mindset that your younger self have to take care of your older self so you won't be a burden to others. First make sure your mind and body is healthy by exercising, eating right and meditation (to avoid the nursing home when you get older). Make sure you are preparing for retirement whatever age you choose (starting young is best but whatever age just start). And live below your means so you don't drown in debt for the rest of your life (stop believing in the YOLO lifestyle and change that into the investment lifestyle - Invest invest invest). Its a different time. Gone of the days where most people have 3 generations living in the same house hold. We are living in a different generation, the generation of the tiny homes and van life. And a lot people will not be able afford a regular size home like we are accustom to growing up. We (Black people) have to change with the times and start working together.

[@mrsgoldie14]

Me and my husband managed to save over $350k. Most of it was from my husband income. He has a small business that I help him run , but I also have a full time job working from home. Financial freedom feels great!!!! 😊

[@RahquiehBryant341]

I saved 35,000 in under 1 year. From May of 2020 to March of 2021. Then I invested it, into land. Now I'm Building. Therefore most of the money that I would be saving, is going into an investment. I am saving currently to buy additional property on another continent. I said all of that, because we know asset are wealth. And that has to be apart of the conversation concerning wealth. I literally learned that 3 years ago at 44. And that's sad.

[@Wuncler]

It’s not sad, you’re on your own race and doing great. Keep prospering!

[@ar_iii_3]

When no one tells, shows or you can’t see the process of building financial independence it’s not your fault. Big ups for figuring it out for yourself. 🔥✊🏽❤️🖤💚

[@Strebor.11]

@@ar_iii_3🥂

[@sergioramirez1693]

👌you bought land in southern states or blue states in the United States

[@Shauntay76]

Please don't feel bad. I purchased my first acre in Belize in 2022 at 45, so you are not alone. We may have caught on late, but we now know, and you can't stop us.💪✊🙏

[@richhands5269]

My favorite Finance channels: Earn Your Leisure, Stock Brotha, & Wallstreet Trapper. Make my week complete! 🔥 🔥 🔥

[@EdfromVirginia757]

My financial mentor stated that you’d need at-least a million dollar’s in the bank that was back in 2019. He stated the same thing that Ian has said about assisted living you don’t want be a burden to others. Also, potentially having to care for your parents if they don’t have savings. I’m on my way but it’s all about financial discipline which is hard.

[@terrintv9779]

Ian is right and getting that first 100K is difficult but not impossible.

[@IreneLee-u3d]

So what do you do after you have the 100k. What do you invest in?

[@toralayous8500]

Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!

[@richardgoose695]

Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

[@toralayous8500]

She's OLIVIA SULLIVAN FINANCIALS

[@christianahooks6369]

Getting Olivia Sullivan to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made

[@lampwhite8855]

You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me, not until I meet Olivia Sullivan

[@kevinandrew8932]

Best life changing advice is to pick a good financial mentor and let them guide you towards wealth. This really saves you from loss and time wasting. I am glad I know Olivia Sullivan.

[@carmensofly1]

If everyone stopped talking about money the system would collapse...we should be talking about how to aquire land and growing our own food and towns and getting together as a people together any and everyone and t hat is how we will survive getting ahead of the elites

[@stetsonwashington]

Thank you Ian, Rashad, Michael, and Troy

[@Zumbazee34]

I agree completely. Once you reach that goal, it's an accomplishment for sure, but you're determined to make more because now you have a frame of reference for what it took. You realize if you did it once, you can do it again. You fine tune your formula and get back to work.

[@candacelaloca]

Charlie Munger said : your first 100k are the hardest . After you get them then you can take your foot off the pedal a bit .

[@gregoryjames216]

I love this channel but one man cannot determine what is real money for others because our situations, living expenses, and needs vary. To those of you who have less or more than $100k be proud of what you have and keep grinding.

[@soulaudacity555]

Ian the Truth Teller!👏🏽👏🏽👏🏽 Ian is exactly correct about the cost of aging. Assisted living or having to hire caregivers is not cheap! It costs between $4k to $10k a month. It is not cheap getting older. Yes, you could burden your family members or children by living with them, but what if you end up with Alzheimer’s or a physical disability?…this is A LOT to place onto family members, even your children and grandchildren. They have their own lives to live. That can’t go and grind trying to build wealth for their own families if they are having to take care of mama or daddy. It just doesn’t work. Sorry it’s so jarring, but it’s very true.

[@okorolina]

This right hereeeeee, even having a caregiver at your home is $200-$500 a DAY ! Yesss be prepared!! Make that 100k as fast (and legal) as you can . He's right.

[@DGOB09]

To be honest in life you can’t help everyone. However, I don’t think 1 million is enough but 10 million should be the goal in my opinion.

[@carlosbolden1303]

Do your thing Ian. I love these guys! I have been a loyal listener for years. The general advice is on point, but I cant tress this point enough.... DO YOUR OWN RESEARCH!

[@khalil19888]

This the realest shit ever heard and it hit home so much that discipline is everything

[@Jay-qk6cl]

The goal post is always moving!

[@missmewithnegativity6981]

Love these convos🙌🏾🙌🏾🙌🏾

[@oceancity5776]

Huge difference in making six and saving six. If you know you know.

[@PapaRed89]

First-time watcher, and this is a golden lesson for 2024 and beyond

[@willy3195]

Real talk all the way!!

[@vinsonfamilycollectibles8213]

Reality what Ian is saying...It's solid just to set the goal and try to hit it. Anything saved is much better than nothing.

[@DebtFreeDad]

I'll never have 100 k saved for what. 3 to 6 months expenses in savings, everything else is investment accounts.

[@tracywilliams7418]

I agree with you for the most part, but there are more ways to establish security as you’re building. One major example is term life insurance (NOT whole life). If you pass, your family will be protected by the value of your life insurance proceeds.

[@Littiaa]

that's a verse right there set the bar high

[@Anthony2X19]

Great post

[@tyrecarmon20]

This was insightful

[@user-gq3ku8sh9t]

Real business 💪🏾💪🏾💪🏾💪🏾

[@malaknawaz261]

Thanks for keeping us financially Educated! Regardless of how bad it gets on the economy, I still made over $35k this month

[@ClaudiaSauter-rh9qz]

how?? please tell me what you did! i'm a single mother.. really struggling!

[@JohnWillson-zy6rv]

I believe the benefits of a successful trade comes from a good Mentor and guidance

[@dexterk7463]

I’m confused. Is he talking 100k in pure savings; investments or combo of both?

[@mr.brooks9802]

I’m thinking this is pure savings. Going by the having X amount and then that being your new bottom/0

[@deehollywood6013]

I'm not tracking this fully. Is the $100K just for emergency fund or part of your retirement savings?? In addition, that $100K means two totally different things depending on age and other assets.

[@letsatsiraphoto9805]

a better steward of the money.

[@xelmotivation]

It's about what you put trust in. I teach my kids about being resourceful. People are deceived by a dollar amount.

[@von1150]

I felt like the first 100 was easy but the 2nd felt like an eternity but 2 kids were added and then having to deal with inflation. The grind continues.

[@totalscappers6638]

If you make $100k a year and you have $100k saved you are a monsta. I dgaf about what they talkin bout. You have to check the median household and individual incomes, you will never have $100k saved in physical cash. NEVER. You better off striving for $1million in net worth.

[@sherlzv2290]

Ian is right

[@darrenheard9943]

Yes.

[@markmcgowan3692]

As much as I appreciate the aspirational message, the average person needs to hit 1M - 2M at least by retirement. Anything more is living very nice and anything less could be a challenge. Best way to save is 401k. You can hit 100K quickly between your contributions, PS and match.

[@luckyskivvy6077]

🐑 vs 🐺 Sheeps need to be lied to. Wolves accept reality for what is.

[@andregreen6574]

Brotha man must be from the suburbs bc 100 to 200k is good money to me

[@niissh5765]

I agree with Ian. I actually think under 1M cash should be minimum stashed especially when you take care of people and want to not live pay check to paycheck

[@lindaann768]

This is not triggering at all at today’s economy 100K is not enough yes I understand his perspective

[@curtisdavis8594]

Excellent my new $0... $100,000 in stocks

[@Teffy2105]

If you don’t get it a $100 million you wasted your talent….. someone doesn’t understand the meaning of life. You tell me I was put on this earth to focus on a green piece of paper 24/7 that’s a sad existence. I make $130,000 a year I’m fine with that, don’t need anymore.

[@JudyLazarus]

The incompetence and corruption that runs through this administration are getting more ridiculous. I feel for people with disabilities not getting the help they deserved. I appreciate Dora Hobbs, imagine investing $1000 and receiving $7,300 in 3days.

[@AdrianaDamigo]

Can someone refer me to her??🙏

[@JudyLazarus]

*SHE MOSTLY INTERACTS ON TELEGRAM!*

[@JudyLazarus]

*Expt_Dora* That’s the user-name. No added letter or number!!

[@indianamartinez4006]

All investors are always conversant with Dora, very honest and trustworthy in her field. Just got to keep her instructions you gonna excel.

[@bettieneville]

Dora’s success story is everywhere no doubt. This was exactly the same way I got her referral last month . So happy I gave a trial after being skeptic of the process.

[@wayneritchie2121]

$100k seemed like a lot until I purchased a home. That was nothing😂

[@TizzleNizzle]

does 100k in a 401k count?

[@foreverearnin]

Yes!!! If you have Roth with 401k if the account is 5 years old there’s no penalty when you withdraw!!!!

[@blongshanks77]

It better, because if not, then they’re just talking to the walls. It’s unfortunate because EYL rarely ever talks about retirement accounts, which is where the majority of Americans have their stock market investments in. You would think Rashad, who is a certified financial planner, would chime in and give his input regarding retirement accounts.

[@TizzleNizzle]

@@foreverearnin a roth 401k specifically? whatabout one you have with the company you work for

[@TizzleNizzle]

@@blongshanks77 Yes I agree Retirement accounts I guess they don’t talk about cause you can’t access them immediately

[@foreverearnin]

@@TizzleNizzle yes!! That’s what I got through my job the 401k/Roth

[@nbrownchicago]

Facts

[@shanecunningham6965]

This is all facts!

[@ramire7heavenz252]

Yes lawd

[@joshuawilliams6153]

Warren Buffet and Charlie Munger would disagree and they're billionaires. Of course you cannot retire but you can't retire on 1 million either, 8-10% on $100k is A lot better than 8-10% on $1000. To have time freedom you just need to invest in things that pay you passively

[@investingplays]

🔥🔥

[@franklinjackson2401]

This shit made me tear up. I'm motivated muthafuckas

[@ameliajohnson4454]

🙌🏽

[@johngibs5356]

What is it fake money?

[@juvani5379]

I wouldnt just save 100k. 30% of that i would have invested into something.

[@Livefromthewhytehouse]

He right! That $100-200k is hood money! U can’t pay no real rent n good whips w that money.. one hiccup n that money cooked..

[@lifewithbakari1413]

Bro what hood money? Bro gtfo of here you don’t what your talking about you definitely live in the hood for a fact. Nobody in the hood have 100k nobody not even close so for you say that your clown respectfully

[@511WOLF]

kzbin.info/www/bejne/aZvUd6qroZWDd7s

[@billydecastro6089]

This was not to discourage, but ENCOURAGE & INSPIRE! We drove deep into this with someone who just experienced this, on our last 🔴🐼 Stock Club Call

[@BrooksFleming-r7x]

And what y'all do when u do get a lil change. U leave ur momma in the hood or leave the black lady that payed half ur bills for a yt lady. Lol.

[@BrooksFleming-r7x]

It sounds easy. But when u a real man it's hard to save. Because ur in charge of everything. Sure if u live with ur momma or a woman paying half ur bills u can do it. It be a lot of y'all too. Got this got that but worrying ur momma. Or u got a woman that feels sorry for ya. Lol.

[@confidentialp6292]

Those two should not be tried as kids.what they did was some grown and they should so grown man time

[@ALFTHADRADDAD]

Can y’all address some of this racist shit Elon Musk has been saying? Appreciate the content brothers.

[@ALFTHADRADDAD]

This content will continue to be integral to our empowerment regardless. And that’s equally as critical As any divestment.

[@FRBSUPREMEMAGNETAR963]

Dunlap? I was a Dunlap, wonder if we're related? Philadelphia & DC areas...

[@AyobamiAladeyelu]

lol

[@BrooksFleming-r7x]

U can have a 09 Benz payed for with a place. A ninja living with his mom making payments on a 2020 Chrysler 300 swear he out doing u. U ain't got but one bill bih. Lol

[@Kjj1517]

This guy is a complete joke talking about you need $600k, dude do you know most Americans don’t have a $1000 emergency fund

[@matthewlws86]

Facts. Even with a tight budget it’s so hard to tuck that much away. Especially if you’re renting or paying a mortgage.

[@c_rob1]

This isn't suppose to apply to most people. You either figure it out or you don't.

[@kevinmoffatt7868]

I agree. It seems like he’s not being realistic. It seems as if most black Americans want to look wealthy instead of being comfortable. They want the flash of wealth.

[@mychann33]

What this nonsense. Tell me what in history has the cost of living dropped... the depression lol. Stop it.

[@johngibs5356]

Everything he talking about is for people who want to go to college or send they kids to college lol and guess what that’s not big in the black community so talk about food stamps bruh