15 Money Mistakes MOST AMERICANS Are Making - DON'T DO THIS

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  • เผยแพร่เมื่อ 3 ก.ค. 2024
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ความคิดเห็น • 79

  • @MinorityMindset
    @MinorityMindset  3 หลายเดือนก่อน +5

    Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
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  • @kf4083
    @kf4083 3 หลายเดือนก่อน +15

    I just want to say that I have ADHD and I am not very materialistic. Your videos are saving my financial life!!! Because for one your videos can actually keep my attention, which is no small feet in itself. But also because your view point is less materialistic and more practical! Thank You. So very helpful!!

    • @Nigriff
      @Nigriff 3 หลายเดือนก่อน +2

      Same here

  • @MrDee001
    @MrDee001 3 หลายเดือนก่อน +11

    My first tax person had me owing nearly $3k. My second advisor asked questions, and now I'm being refunded. A good tax advisor will TRY to save you money.

  • @javantgarde
    @javantgarde 3 หลายเดือนก่อน +6

    Cutting back on energy drinks, quitting cigarettes with the help of nicotine patches were the two biggest moves I made, you don't realize how much you're spending until you stop.

  • @kreuzrittergottes9336
    @kreuzrittergottes9336 3 หลายเดือนก่อน +11

    People who have money problems choose to have money problems.
    I eat out like once a month, max. That right there is huge. I use cards to get the cash back while carry no balance each month. I dispise paying interest and so pay cash or simply don't buy it. Keep the lights off. Wear a sweatshirt instead of turning up the heat ECT. There is always fat to trim from ones spending.

    • @GeneralSirDouglasMcA
      @GeneralSirDouglasMcA 3 หลายเดือนก่อน

      lol during winter I’ll turn on the heat while bathing so I don’t freeze when I get out of the shower, and turn it off when I get dried off.

  • @vadymsalyuk8159
    @vadymsalyuk8159 3 หลายเดือนก่อน +8

    Thank you, thank you and thank you again!! Love listening to your advices.

  • @THEWINNINGSYSTEMCR
    @THEWINNINGSYSTEMCR 3 หลายเดือนก่อน +8

    Totally agree, there is no deserve! Show the value, and provide value and get a better chance to win!!

  • @aminazacharya6751
    @aminazacharya6751 3 หลายเดือนก่อน +2

    Thanks so much for yours explanation.

  • @eyeofhorusblessedandprotec2888
    @eyeofhorusblessedandprotec2888 3 หลายเดือนก่อน +4

    You definitely deserve more subscribers. I just discovered you but you switched my mindset. I started to see gains instead of my money draining and I am finally starting to keep money and make money no more Starbucks no more fast food and I feel so much freer

  • @jonathanrivera2362
    @jonathanrivera2362 3 หลายเดือนก่อน +1

    Great video! Thanks Jaspreet

  • @csizzle24377
    @csizzle24377 3 หลายเดือนก่อน +4

    One of your best videos. Thank you.

  • @ChandrasekaranSrinivasan
    @ChandrasekaranSrinivasan 3 หลายเดือนก่อน +3

    Show the value! - Very good point! Thank you!

  • @Nigriff
    @Nigriff 3 หลายเดือนก่อน +2

    My grandfather, who grew up during The Great Depression, would negotiate prices for everything... from cans of soup to automobiles. He paid cash for everything and never borrowed money. He would find dented cans of soup in the grocery store and ask for a discount. He usually got it half off.

    • @Pleasemison
      @Pleasemison หลายเดือนก่อน

      Hustler

  • @bigjoe805
    @bigjoe805 3 หลายเดือนก่อน +1

    As always, great insight. Thank you 👍🏻

  • @Abcdeefg
    @Abcdeefg 3 หลายเดือนก่อน

    Good job jaspreet

  • @Boringblessing
    @Boringblessing 3 หลายเดือนก่อน +1

    Honestly speaking this is a million dollar value video thanks

  • @MARIPILIPM
    @MARIPILIPM 3 หลายเดือนก่อน +1

    BRILLIANT dear Jaspreet‼️ You make the essentials of how to survive in this trying times easy with simple examples to understand. All my blessings for you 🙏🏻

  • @CENTRALCOAST_
    @CENTRALCOAST_ 3 หลายเดือนก่อน +1

    Delayed Gratification is Crucial in Personal Finance, do i want some nice sneakers or a nice jacket when i get paid? Yes! But i hold off and save/invest my money because I want to live a special life and that comes with certain sacrifices, happy to know all of this at the young age of 23, Great Video!

  • @swarnasen1
    @swarnasen1 3 หลายเดือนก่อน

    Great points specially the right ownership related rental property

  • @chriswiltshire613
    @chriswiltshire613 3 หลายเดือนก่อน

    officially a new fan!! thank you. peace and love.

  • @clear_gray_sky539
    @clear_gray_sky539 3 หลายเดือนก่อน +1

    Good stuff

  • @AdarylJohnson-qt9qn
    @AdarylJohnson-qt9qn 3 หลายเดือนก่อน

    Appreciate the content!👍🏾

  • @matthewfronk1831
    @matthewfronk1831 3 หลายเดือนก่อน

    Great video. So many people feel they deserve to live above their means without adding value.

  • @LataushaTheAuthor
    @LataushaTheAuthor 3 หลายเดือนก่อน +5

    Gm. Read “The Latte factor”. Very good book.

    • @THEWINNINGSYSTEMCR
      @THEWINNINGSYSTEMCR 3 หลายเดือนก่อน +2

      Another good one is psychology of money

    • @derwinmitchell9947
      @derwinmitchell9947 3 หลายเดือนก่อน +3

      Also, good reads 📚 Think and grow rich and The riches man in Babylon.

    • @LataushaTheAuthor
      @LataushaTheAuthor 3 หลายเดือนก่อน

      @@derwinmitchell9947 I read both. Think and grow rich changed my life.

  • @TheLegend-uq1gz
    @TheLegend-uq1gz 2 หลายเดือนก่อน

    You are absolutely correct. I have seen older people that have worked 40+ years & have zero money saved & banking only on social security. It’s pathetic.

  • @robertchavez5647
    @robertchavez5647 3 หลายเดือนก่อน

    Thank you for this valuable information especially at the very end. I just subscribed and although the first 13 and 15th were very important it was number 14 with the physical, mental and spiritual health which really opened my eyes on a better rounded life not just money itself! 👍

  • @Didyouknow10574
    @Didyouknow10574 3 หลายเดือนก่อน +5

    Thanks!

    • @MinorityMindset
      @MinorityMindset  3 หลายเดือนก่อน

      Thanks for your support :)

    • @natesullivan2456
      @natesullivan2456 3 หลายเดือนก่อน +1

      Sending $2 to a multi millionaire is funny to me

  • @SkylerDouglas
    @SkylerDouglas 3 หลายเดือนก่อน +4

    It's not Starbucks fault it's your fault for buying Starbucks you'll never get better with money if you don't take accountability. It's that simple.

  • @Jbridge621
    @Jbridge621 3 หลายเดือนก่อน +1

    If you are truly struggling, I highly recommend the prepper princess videos. She can really help you live on almost nothing so you can dig yourself out. He is correct you must always associate debt with danger that is not hyperbole it will destroy you and your future. No one ever ever regrets getting out of debt. Everyone always said thank God I got out of debt. I would be so screwed if I hadn’t done that.

  • @hliyaj1220
    @hliyaj1220 3 หลายเดือนก่อน +1

    Please do a review on index universal life insurance. This is on the rise to replace retirement.

    • @Nigriff
      @Nigriff 3 หลายเดือนก่อน

      Universal Life Insurance is a HORRIBLE "investment".

    • @obiezeugo2561
      @obiezeugo2561 2 หลายเดือนก่อน

      @@Nigriffhow come

  • @Pleasemison
    @Pleasemison หลายเดือนก่อน

    If youre single run internet to your cell phone only. How many internet sources must we finance. The answer for me is one. I save thousands by taking a decade off video games

  • @yohpoit1135
    @yohpoit1135 3 หลายเดือนก่อน

    Is a bmw only $600/month in usa?
    My nissan kicks is 581/month and its one of the cheapest here

    • @Nigriff
      @Nigriff 3 หลายเดือนก่อน

      It depends on how long the loan is for.. In The US, some loans are as long as 72 months!

  • @LightsOut999
    @LightsOut999 3 หลายเดือนก่อน

    I needed the oil change 😢

  • @KittyKat-vb1nd
    @KittyKat-vb1nd 3 หลายเดือนก่อน +1

    I work in finance and never see recent immigrants drowning in debt. Always the ones born here. Live in debt , complain yet few attempt to change their hanits, live within keans, psy billson time.

    • @Boringblessing
      @Boringblessing 3 หลายเดือนก่อน

      1st generation American here and one thing i can tell you is that the better your budget the better you’ll be able to live over time sacrificing is only temporary when you play the money game right

  • @Boringblessing
    @Boringblessing 3 หลายเดือนก่อน

    0:44 sadly this is what 90% of the people around me are doing

  • @user-nx4wt4pl1u
    @user-nx4wt4pl1u 3 หลายเดือนก่อน +1

    ❤❤❤

  • @monmondagoat8472
    @monmondagoat8472 3 หลายเดือนก่อน

    what does minority mindset say about crypto???

  • @imwatchingyou2742
    @imwatchingyou2742 3 หลายเดือนก่อน

    That article is from 2021😂

  • @DVLOGSYT
    @DVLOGSYT 3 หลายเดือนก่อน +1

    chipotle again. 😂

  • @chrisnelson3046
    @chrisnelson3046 3 หลายเดือนก่อน

    You don't need guac🥑🥑 seven days a week

  • @joycewatt8289
    @joycewatt8289 3 หลายเดือนก่อน

    29:03
    Yep! Unfortunate but true! Let the haters hate.
    You have to NOT GIVE A CARE!!!😂 what small minded people think or don’t think cause they have small minds.

  • @luvmypetsrhanie1144
    @luvmypetsrhanie1144 3 หลายเดือนก่อน +8

    Naw. Immigrants get funding and programs Americans can't.

    • @endofquoterepeattheline7516
      @endofquoterepeattheline7516 3 หลายเดือนก่อน

      Send them back

    • @SuzanneU
      @SuzanneU 3 หลายเดือนก่อน +10

      As an immigrant, I would like to know what these funding and programs are, as I clearly missed out! Nothing at all was given to me. I had to work just like everybody else, paying taxes and spending a LOT of money along on the way. Temporary residence with restrictions, lift restrictions, apply for permanent residence, apply for naturalization. Along the way, I paid the same amounts for food, utilities, transportation, clothing, etc, as US Americans. it would be an act of kindness to immigrants if you would detail these funding and program opportunities. Jaspreet's parents obviously didn't know about them either.

    • @schemickuto
      @schemickuto 3 หลายเดือนก่อน +3

      you have absolutely no idea what you're talking about

    • @Nolaperu
      @Nolaperu 3 หลายเดือนก่อน +2

      Um my wife is an immigrant, waited for her green card and got it eventually. Covid delayed everything. But we didn’t get anything, no perks, free government stuff, etc.

    • @Bmc2021
      @Bmc2021 3 หลายเดือนก่อน

      Majority of Americans haven't experienced poverty so it's hard for them to save money.

  • @kodypilger
    @kodypilger 3 หลายเดือนก่อน

    You definitely cannot barter when it comes to your utility bills and such. It doesn’t work that way. Managers don’t have authority to just lower your bill it isn’t their money. Just because you ask nice your bill doesn’t become lower.
    You pay for the service that you use. I run a home service business and will always get customers trying to chew the prices down.
    In reality if a person can’t afford the services move on.
    Your advice on here way off

  • @Nigriff
    @Nigriff 3 หลายเดือนก่อน +1

    Trust Jesus.

  • @ThePresentation010
    @ThePresentation010 3 หลายเดือนก่อน

    Cant you get a wyte speaker?
    Youd benefit so much.
    Its hard to listen to a sweaty indn. Regardless of the value of the info.

    • @endofquoterepeattheline7516
      @endofquoterepeattheline7516 3 หลายเดือนก่อน +4

      That’s racist man lol

    • @GaribaIbrahim
      @GaribaIbrahim 3 หลายเดือนก่อน +7

      Kick rocks man.

    • @Didyouknow10574
      @Didyouknow10574 3 หลายเดือนก่อน

      You sound very idiotic, omg get a life, he dont care , only you do

    • @Didyouknow10574
      @Didyouknow10574 3 หลายเดือนก่อน +7

      You are too JEALOUS 😅

    • @Didyouknow10574
      @Didyouknow10574 3 หลายเดือนก่อน +2

      He is a Millionaire, he doesn’t care what a lame fool says, go sit down somewhere

  • @THEWINNINGSYSTEMCR
    @THEWINNINGSYSTEMCR 3 หลายเดือนก่อน +1

    Totally agree, there is no deserve! Show the value, and provide value and get a better chance to win!!