How I Saved My First $100,000 💵 💵.

Henry Johnson LR
5 min readDec 25, 2020

Let me be upfront with you and not be like those who will sell you bs. So, let’s keep it real. The first $100,000 is the hardest to save. Yeah, really; it is complicated, and there’s no easy road getting there. Saving your first $100,000 can be quite tricky or pretty simple, if only you’re willing to make certain sacrifices early on. If you are and is determined, you’ll have this kind of money (or more) in no time.

In this piece, I’ll show you a step-by-step process for saving your first $100,000 in as little as 1 year 2 months. While it won’t be a leisurely joy ride, it also doesn’t have to be complicated. So, let’s get to it.

Steps 1–4: Before you start.

  1. Mindset is everything:

If you want to save $100,000, like me, you’re going to have to think and act differently than most people. Thinking and acting differently requires that there are a lot of things that you have to put off to get that bag. Do you know why there’s a reason almost 50% of Americans have nothing saved for retirement? It would be easy to assume that most, if not some of those people are a materialist. Instead, they would buy that new iPhone that Apple comes out with to make Apple rich every year than invest in their future. That 50% would rather drive the latest cars (2021) than drive their old mobile that could still do the works.

So, why is that? We, the Americans, overspend. We love to compete and live beyond our means through credits than the things we should own. Imagine your 30-years mortgage; don’t you know that you are pretty much a slave for 30 years with no financial freedoms? Is that living? Is that the life you want or the life that society branded as acceptable? That’s a broke and slave mentality!

Before doing anything else, adjust that broke and slave-to-material things mentality. Changing that broke and slave-to-material things mentality would take sacrifice. It doesn’t mean you can never go on a…

Henry Johnson LR

I am a Liberian-born American writer with great ideas to impact lives and leave this world a little better than I found it.