View Saving as an Opportunity, Not a Sacrifice
Saving $1 million by age 30 wasn't easy for Sabatier. He worked more than 90 hours a week. And he put more than half of his income into retirement and brokerage accounts. But he viewed saving as an opportunity, not a sacrifice.
"At the end of the day, when you have more money, you have more opportunities," he said. That doesn't mean you have to save $1 million by age 30, as Sabatier did. "You don't have to be a millionaire. Being a millionaire shouldn't be the goal. It should be living the life you want to live."
Knowing your priorities and what you want in life will help you focus on what you'll achieve by saving rather than what you might have to give up. Now that he's reached his savings goal, Sabatier can spend more time focusing on others, doing what he enjoys and even writing a book to share what he's learned.
"If you really focus on it and are intentional and come up with a strategy and every day execute on that strategy, a lot of things can happen," he said.
Up Next: How to Build a $1 Million Nest Egg
Dubbed "The Millennial Millionaire" by CNBC, Grant Sabatier went from $2.26 to $1 million in 5 years through side hustling and investing. After reaching financial independence at the age of 30, Grant founded Millennial Money, where he writes about investing, personal finance, entrepreneurship and co-hosts the Millennial Money Minutes podcast.