<prompt> Human: Ive heard the saying that making your first million is the hardest, implying that its always hard to start a business but once you have successfully made money then making more money becomes easier due to the acquired skills, experience, network etc.So Im wondering if this idea applies to any other things too, like personal income as opposed to business revenue? That is, most employees make between 0 - 100,000 p.a., but while they may fluctuate within this bracket, most never reach the next level bracket of over 100,000 p.a. Obviously everyone would like to make more money but most people are not able to increase their income that much e.g. I make around 40,000 and nowhere near that amount, even if I could get a few years of lucky promotions andor salary increases.Do you think if someone reached 100K income p.a. would it would change their financial perspective mindset, approach to money etc., and would it be like as if a psychological barrier had been overcome and then it would snowball from there? Conversely, does being so far from away from 100,000 make someone more likely to never get close e.g. like me, I am just a regular guy making a regular salary of around 40,000. Though I have thought to myself that that would awesome if I could one day, I dont have any plans. I cant even imagine ever making that much money.Does anyone have any experience either way?Note: The 100K income p.a. could be any figure and would obviously depend on your industry, location etc. I just used it in reference to myself because it seems so high and so far away from what Ive been making for the last few years.Edit: USD 100,000 and referring to livingworking in USA.  <response>: The reason the first million dollars is harder to make is because if you invest your savings, compounding interest will eventually grow your savings at a higher rate than youre able to contribute. Using the rule of 72, 1 M invested at an interest rate of 7.2 would become 2 M in 10 years.Regarding income: A household income of 100,000 in a high COL area isnt the luxurious lifestyle you might imagine. Especially if thats from two working adults who have kids, bills, etc... People at that household income might have enough room, depending upon their obligations, to go on vacation once in a while andor put something away for retirement andor college. Your income matters less, I think, than your expenses. If you can avoid some of the biggest expenses, and be happy with that lifestyle, you could live well with a far lower income. If, for instance, youre happy enough renting an affordable room share, dont want to have kids, and dont needwant to own a car, you could probably live pretty well on 100,000. 