How To Save $100,000 In Cash

One hundred thousand dollars is not a lot of money when you think about it. It seems like a big number to some people but it is really small when you break it down on a daily basis. While a million dollar net worth is the goal for most people, one hundred thousand dollars is an easier goal that every person can attain. Besides you have to go through the $100,000 barrier before ever making it to millionaire status. So, today I want to take a look at a few ways to grow your finances up to the $100,000 level.

Use Small Increments To Reach Your $100,000 Goal

Small amounts of money saved on a monthly basis can get you to $100,000 in liquid cash in a few years. Saving $68.50 per day will get you over $100,000 in cash in just four years.  If you want to give yourself an extra year to reach $100,000 then just save $54.80 a day.

These are not huge numbers when you break them down daily. It is easily possible to achieve these numbers with either a little side income or an aggressive savings strategy. This method assumes not earning any return whatsoever on your money.

Use Guaranteed Investments To Reach Your $100,000 Goal

An extremely conservative investor can reach the same goal by saving a total of $18,000 per year. This is based on investing in only guaranteed conservative investments like United States Treasuries and savings bonds. Assuming that you earn only a 2.5% interest rate each year then you should be able to save up $100,000 in cash with a $1,500/month savings rate. That boils down to $50 a day or $6.25 out of an 8 hour day. You will just need to perform one extra activity or task during the day that results in $50. After five years, you will have $100,000 with the interest added on.

Use Riskier Investments To Reach Your $100,000 Goal

If you are a lot more aggressive with your investment strategy then it will take less money contributed monthly to reach your goal. If you can generate a 15% annual return over a 5 year time period then the amount that you need to contribute monthly can be cut down to $1,100. You would just need to come up with an extra $36.25 per day to hit your goal of $100,000 in year five.

As you can tell it is not that difficult to get to $100,000 in cash depending upon which method you chose to get there. $100,000 is an important number because you are realistically in the range of millionaire status. (Read how to become a millionare)




  1. This is an interesting article because there are several ways you can get to 100,000 in cash. I like how inspirational the last line of the article sounds “$100,000 is an important number because you are realistically in the range of millionaire status”. What more push do you need?

  2. It’s really good to see how easy 100k is to achieve. That makes saving seem so much easier. That puts you in the range of millionaire status? I guess I better get started! 🙂

  3. I too am encouraged to see how easy it is to get 100,000 in cash. Millionaire status?! That would be awesome. Thanks for the motivation.

  4. Saving $1,500/month is easy? I would have to guess it is near impossible for half of America.

  5. Wow…when you break it down like this $100K cash savings seems attainable. What seems even more attainable is Millionaire Status!!! I’m opening up my Millionaire Status savings account today. Thanks for the motivation.

  6. Mark, my best advice, start young and invest consistently. Time is your best investing friend.

  7. “Use small increments to reach your $100,000-goal.” Take baby steps to reach your goal and you will soon get there. Very inspiring. Thank you for sharing!

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