Do This Now— Once You Save $1,000

The longer you wait the more you miss out

Isaiah McCall
Yard Couch
Published in
5 min readDec 12, 2020

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Image from Canva

The late Mac Miller once sang, “I knew my life would change, all I needed was ‘one hundred grand.”

I think a lot of us can relate. We hope one hundred grand falls into our laps and then all of our problems will go away.

This is called a “winning the lottery” mindset. But a quick spoiler alert, it doesn’t work. In fact, a YouTuber put 1 million dollars into the lottery and WON… nothing. He actually lost over $200,000.

The answers to your financial problems are already sitting in your lap if you have $1000. Today let’s break that grand down and turn it into one hundred grand.

1. Pay Off Your Debts First

OK, let’s get the miserable one out of the way first. Paying off your loans and credit debts is crucial to getting wealthy.

The average stock market return for 10 years is 9.2%, according to Goldman Sachs data. The S&P 500 has done slightly better than that, with an average annual return of…

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Isaiah McCall
Yard Couch

Journalist for 99Bitcoins and former USA Today, also Ultramarathoner | On Substack: https://isaiahmccall.substack.com/ mccallisaiah@gmail.com