Forget billionaire Charlie Munger’s rule about saving your first $100K — why everything changes at the $20K mark

That’s according to the late billionaire Charlie Munger. “It’s a b—-, but you gotta do it,” Munger told investors at an ...
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I turned my $100K savings into a $1M investment portfolio. Even during a recession, these 3 tactics worked for me.

Bola Sokunbi saved $100,000 in three years on a $54,000 salary, after graduating college in 2004. She continued to save and invest, even during the 2007 recession, and started Clever Girl Finance.

Forget billionaire Charlie Munger’s rule about saving your first $100K — here’s why everything changes when you hit $20K, and how to take advantage

The dearth of savings is particularly acute for younger Americans. According to a 2024 report by Fidelity Investments, the ...