Thanks to proportional returns and compound growth, once you surpass $100,000 in net worth it grows much faster. Finance Nerd Marko Whiteboard Finance breaks down in detail how this happens while also providing some tips on how to get to your first $100,000.

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Chapters:
0:00 Intro
0:21 Proportional Returns Explained
1:14 Compound Growth Explained
3:06 Idea #1 To Help You Get To $100K Make Money Work
4:42 Idea #2 To Help You Get To $100K Increase Your Income
6:17 Idea #3 To Help You Get To $100K Reduce Expenses
7:40 Idea #4 To Help You Get To $100K TaxAdvantaged Accounts
9:20 Final Thoughts

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Why Net Worth Explodes After $100K (And How You Get There) | NerdWallet
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