How To Save Your FIRST $10K CHALLENGE (Step By Step Formula) | Jaspreet Singh

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  • เผยแพร่เมื่อ 20 ต.ค. 2024
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ความคิดเห็น • 170

  • @MinorityMindset
    @MinorityMindset  ปีที่แล้ว +20

    Join Business Briefs, my FREE business & entrepreneur newsletter, here: briefs.co/business/jaspreet
    WARNING:
    There are many fake accounts impersonating me. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

  • @MastinoNapoletano420
    @MastinoNapoletano420 ปีที่แล้ว +141

    I set calendar events and alarms on my phone labeled STOP BUYING SH*T and STOP EATING OUT! that go off throughout the day. It has helped a lot with curbing bad spending habits.

    • @mysterialchief8291
      @mysterialchief8291 ปีที่แล้ว +7

      Same here. Mine say.. stop buying Starbucks.

    • @Oilofmercy
      @Oilofmercy ปีที่แล้ว +6

      Well done 👏 ✔ I'm a nutritionist you can eat really healthy on not much save your money.

    • @paolaflores6421
      @paolaflores6421 ปีที่แล้ว +1

      I need to do this

    • @fahblizza
      @fahblizza ปีที่แล้ว +4

      Nowadays groceries and cooking cost just as much as eating out.

    • @WeBeatMedicare6969
      @WeBeatMedicare6969 ปีที่แล้ว +2

      @@fahblizza it really doesn’t if you do a cost per meal analysis over the course of a day, week, month

  • @Mr._POV_
    @Mr._POV_ ปีที่แล้ว +164

    We buy sht we don't need with the money we don't have to impress the people we don't like. Golden lesson. 😎

    • @BigRedShooter
      @BigRedShooter ปีที่แล้ว +6

      Best lesson from Fight Club.

    • @BrianUtne
      @BrianUtne ปีที่แล้ว +3

      @@BigRedShooter we don't talk about fight club.

    • @Mr._POV_
      @Mr._POV_ ปีที่แล้ว +2

      @@BrianUtne what's the first rule again?

    • @MINDSPARK-u6e
      @MINDSPARK-u6e ปีที่แล้ว +1

      @@BrianUtne what is the second rule?

  • @Shane_Bedard
    @Shane_Bedard ปีที่แล้ว +55

    The timing of this vid is perfect. I actually just reached first $10k saved just a few weeks ago. Took awhile, but I made it happen. I implemented many of the tips in this video. Didn't go as drastic as "rice and beans", but I started making the majority of my meals at home and started shopping at a cheaper grocery store.
    I also don't have a car payment, rent is around 22% of my monthly income (living with roommates). Makes a huge difference!

    • @johnmorris9745
      @johnmorris9745 ปีที่แล้ว +1

      Absolutely, once come to realize as an investor that it makes no sense letting my money sit in my bank account idle, when I can actually make it productive investing into assets to build a portfolio from the accumulated profits of investment

  • @310sbell
    @310sbell ปีที่แล้ว +26

    Dude, idk if you read your comments but I really appreciate your knowledge.
    It reinforces and/or educates me with every video.
    The difficulty in downsizing is all in my head. Afraid to lose things in storages that haven't touched in over a year but some reason just can't let go of

  • @Seph129
    @Seph129 ปีที่แล้ว +25

    This advice needs to reach the newest generation!

    • @awa4762
      @awa4762 ปีที่แล้ว

      I am thinking reach the older generation first who will then model it to the new generation. The new generation learns by following footsteps.

  • @fahblizza
    @fahblizza ปีที่แล้ว +7

    "Work more" is really the main key. The more you work the less you spend.

  • @kevinhanson1315
    @kevinhanson1315 ปีที่แล้ว +5

    Honestly your genuine self makes you compelling.

  • @WD40318
    @WD40318 ปีที่แล้ว +20

    This is hilarious. I was JUST wondering how I can help my closest friend with saving 10k before I can help him get started in investing.. Thanks Jaspreet!!

  • @mrme9517
    @mrme9517 ปีที่แล้ว +6

    My 1st dividend I was excited and been hooked since and it's paying off i love it 😀

  • @t3z1
    @t3z1 ปีที่แล้ว +7

    Recently come across your video post my movement to Canada from India. Immediately subscribed as I found it very useful for me. Starting everything at the age of 35. Hoping to be financially independent one day.

  • @moonflowmoney2610
    @moonflowmoney2610 ปีที่แล้ว +7

    WHAT!!!
    i randomly started watching your channel, ive been researching starting my own business constantly, thank you for this information as i am almost ready to make my first dollars!!!! i have been so frugal and working my second job as a event security guard( getting paid to watch concerts=best free entertainment PLUS A CHECK) and it funds my business ! thank you

  • @DavidRodriguez-rr7rh
    @DavidRodriguez-rr7rh ปีที่แล้ว +2

    Thank You Jaspreet!

  • @freddiebutler3653
    @freddiebutler3653 ปีที่แล้ว +3

    I did it, and man now am up to $50,000.00 plus! Just by changing my ways of doing things!🤑🤑😊

  • @OptimalbodySWE
    @OptimalbodySWE ปีที่แล้ว +6

    I love your thinking! I started my minimalism lifestyle some months ago im selling of stuff all the time and it feels soooo good!

  • @beybladeog
    @beybladeog ปีที่แล้ว +5

    You're truly an inspiration man. I love ya man and I hope you're doing great

  • @amandahaley6718
    @amandahaley6718 ปีที่แล้ว +8

    I think you are great. The best I've watched on financial education. I love the "below" you emphasize, my son cracks up when he hears that, he makes me play it over and over, lol.

  • @livingmydreamtrading4824
    @livingmydreamtrading4824 ปีที่แล้ว +3

    Dave says it best! Live like no one else so later you can LIVE LIKE NO ONE ELSE

  • @harrycee656
    @harrycee656 ปีที่แล้ว +4

    Buying cheap can be very expensive. I have gone down that route doing the MMM thing. The sweat spot is above that.
    I highly recommend:
    Buy on need and quality. Don't upgrade till it breaks. That is more reasonable IMO.

  • @tekootianderson
    @tekootianderson ปีที่แล้ว +3

    Love the different coloured turbans you wear.

  • @louisedost8476
    @louisedost8476 ปีที่แล้ว +1

    Thank you

  • @Mindburstable
    @Mindburstable ปีที่แล้ว +5

    Thank you very much for taking your time to help all of us. It has been hard to remove the mentality instilled by my parents, school, and society. I'm close to the $10k goal but temptation is a scary thing.

  • @tracibaker9327
    @tracibaker9327 ปีที่แล้ว +1

    Best dude on the internet!

  • @craiglogan8280
    @craiglogan8280 ปีที่แล้ว +3

    Love your videos Jaspreet!

  • @investorgeny
    @investorgeny ปีที่แล้ว +2

    Thank you for taking the time to sharing these life-changing educational videos! 🤝

    • @woleking2490
      @woleking2490 ปีที่แล้ว

      10k got hit by 2021 spring

  • @rillawhat8142
    @rillawhat8142 ปีที่แล้ว +2

    This information is Gold👍🏾

  • @Walteramirez
    @Walteramirez ปีที่แล้ว +1

    I love you Jaspreet!

  • @WellDressedCaveman
    @WellDressedCaveman ปีที่แล้ว +9

    I paid down debt, saved 18k, get paid by weekly, and one of 2 checks a month, stays in my pocket!

  • @beancounter9041
    @beancounter9041 ปีที่แล้ว +3

    I always love watching your videos!

  • @dabzofficial_
    @dabzofficial_ 3 หลายเดือนก่อน

    Love your videos! By any chance could you make chapter timelines in your videos? So it’s easier to run through when I come back your videos💪🏾

  • @badpixels_
    @badpixels_ ปีที่แล้ว +3

    your channel should be part of high school curriculum

  • @Userhfdryjjgddf
    @Userhfdryjjgddf ปีที่แล้ว +1

    I got into stacking silver around 2016. Within a couple months I slowed down on everything in life that I was wasting money on. When COVID hit It really helped wake me up the rest of the way. I now do not eat out. Or a drive thru. No coffee shops at all. My coffee costs me $12 a month tops. Every cup tastes like silver haha. Quit golfing. Don't miss it at all. Dang that was expensive. My hobbies now are metal detecting. Yes got a good one but it's now paid for itself. Other hobby. Gold panning. The more I've realized I could save I actually picked up a seasonal side job. Catering rocks. Work when you want. Eat great and get paid. They do a lot of out of town work so I get vacations and hotels and get to party it up on those trips. Also it's all free and I get paid.

  • @deebz1g8g
    @deebz1g8g ปีที่แล้ว +2

    you should of brought yourself some shoes bro, but the mindsets elite. I credit you for a lot of my financial education journey.

  • @Teisharocz
    @Teisharocz ปีที่แล้ว

    I like the sacrifice and work part!!!

  • @sairasultan1010
    @sairasultan1010 ปีที่แล้ว +1

    Great idea 💡

  • @mariewoodworth1627
    @mariewoodworth1627 ปีที่แล้ว

    I love it when you say below and the ways to make money even more

  • @SRTrollinz
    @SRTrollinz ปีที่แล้ว +3

    OOOOO I LIKE THIS ONE MAN THANK YOU SO MUCH YOU BEEN KILLING EVERY VIDEO🤩🤩🤩🤩🤩

  • @soythongskitchen5700
    @soythongskitchen5700 ปีที่แล้ว

    Thank you so much ❤

  • @GoAgainstTheOdds
    @GoAgainstTheOdds ปีที่แล้ว +2

    Id love more videos on what steps to take after say getting to the $10,000- $100,000 area

  • @marialara9543
    @marialara9543 ปีที่แล้ว +2

    Guilty as charge, for living like rich people but not having no money to fall back! I still leaving paycheck to paycheck but at least I’m now more conscious about how to spend my money! Than you!

  • @samrawittessema8898
    @samrawittessema8898 ปีที่แล้ว

    Wow powerful information!! Supper glad I found this channel, thank you

  • @Mia-dl6um
    @Mia-dl6um ปีที่แล้ว

    Great advice...you are really down to earth

  • @michiganman845
    @michiganman845 ปีที่แล้ว +1

    I'm in Michigan too....and I happen to like beans and rice.

  • @kennykuhns9843
    @kennykuhns9843 ปีที่แล้ว

    Thank you for all of the videos . They have been very informative and motivational.

  • @vcraig6531
    @vcraig6531 ปีที่แล้ว +4

    Yes!!!
    Saving, sacrifice and get the extra GUAC 🥑!!!!
    Just kidding 🤣🤣🤣
    Keep bringing the AWESOME content!!!😎
    Thank you for all you do💯

  • @1JAHLION4EVA
    @1JAHLION4EVA ปีที่แล้ว +1

    Yes Rasta

  • @thanhhoale3886
    @thanhhoale3886 6 หลายเดือนก่อน

    When I was a teenager, I always wanted a fancy sport car, so bad. But now all that matters to me is just a reliable car that can get me from and to where I want to go. That's all I care about. I don't even care what other people think or throw at me.

  • @Dreadvermin1
    @Dreadvermin1 ปีที่แล้ว +1

    Sometime i have to eat out i be pulling 16 hour shifts i order something ahead pick it up after my shift is over eat it sleep get up early got back to work rice and beans wont give you the nutrition your body needs i tried that and got sick eating that daily

  • @maggy803
    @maggy803 ปีที่แล้ว

    I appreciate you.

  • @myjunior0109
    @myjunior0109 ปีที่แล้ว

    Thanks!

  • @dwightsmith8623
    @dwightsmith8623 ปีที่แล้ว

    Love your you tube channel.

  • @louisedost8476
    @louisedost8476 ปีที่แล้ว +1

    Buy second hand. I wear good quality used shoes. Shopping the Bins!😊😊😊😊❤❤

  • @wascarg5341
    @wascarg5341 ปีที่แล้ว +1

    First of all I just subscribed to your channel. Great content always even thought this is only my 4th video.
    Question: if you are getting a new car is it better to lease or finance it ? The answer based on your comments is both wrong answers but if you have to pick one what's better ?

  • @Cortie.official
    @Cortie.official ปีที่แล้ว +4

    My brother thanks for always opening my mind and makes me wanna be a better person in all areas financially

  • @richkeegan1264
    @richkeegan1264 ปีที่แล้ว

    This is one of my favorite videos

  • @youngwealthdc5096
    @youngwealthdc5096 ปีที่แล้ว

    Thank you!!!

  • @christinemills4746
    @christinemills4746 ปีที่แล้ว +3

    I like my white fridge 😊

  • @jeanlionnellouis9378
    @jeanlionnellouis9378 ปีที่แล้ว

    Hi, your videos help me a lot and I wished I knew all that earlier.
    Thank you!

  • @QuestionThings
    @QuestionThings ปีที่แล้ว +2

    JS is lookin jacked in that shirt

  • @runningupracksent5194
    @runningupracksent5194 ปีที่แล้ว

    Cant wait until i save my first 10k 💆🏾‍♂️

  • @jennyd3440
    @jennyd3440 ปีที่แล้ว

    Show your highschool children these videos. Great education that will pay off in the future.

  • @Mzakhieh
    @Mzakhieh ปีที่แล้ว

    How do we know who you are ?

  • @LosAngelesLaura
    @LosAngelesLaura ปีที่แล้ว

    Hi Jaspreet!

  • @dean_s
    @dean_s ปีที่แล้ว +5

    This makes me laugh. 20k views on useful info that (I used for myself and can vouch, this is how to save 10k) most don't want to watch this... Yet people knew every detail of what Johnny Depp was going through in court.
    I have watched the entire channel, Jaspreet. I spent a year dedicated on catching up on all the videos from the start. Repetition works and I have you in my head anytime I help someone else learn financial education.
    When are you coming to the UK? I want to shake your hand and give you a hug. You've helped me more than anyone else when it comes to this subject
    Cheers 🍻

  • @sukhjitraju2912
    @sukhjitraju2912 ปีที่แล้ว

    Very good advice🙏

  • @liahernandez8834
    @liahernandez8834 ปีที่แล้ว +1

    Love your videos! And so handsome !

  • @danas21
    @danas21 ปีที่แล้ว

    You are a great guy man. You are doing a great job. I don't miss your videos. Keep it up.

  • @reyes13r
    @reyes13r ปีที่แล้ว +1

    Hey what is wrong with eating just rice and beans ?? 🤣🤣🤣 I love your videos ❤thank you for sharing your knowledge

  • @MsLinaPeanut
    @MsLinaPeanut ปีที่แล้ว

    i just love coming to your channel. Sometimes, I'm like, I'm gonna get that new LV bag....then I hear this content and i'm like no no, not yet (although prices for it keep going up)...

  • @jimenezmf9115
    @jimenezmf9115 ปีที่แล้ว +2

    Recommend making a video of how to convince the wife to save money! This could be the reason why I’m still poor 😢

    • @theresecook-bright1757
      @theresecook-bright1757 ปีที่แล้ว

      Team work.

    • @n2skcmo
      @n2skcmo ปีที่แล้ว

      @@theresecook-bright1757 you will do the work, she will be the team.

  • @Silly_nDividual
    @Silly_nDividual ปีที่แล้ว

    Great video

  • @drewsmudemyoozik
    @drewsmudemyoozik ปีที่แล้ว +6

    I would love to hear the story of how you met your wife driving a car with no bumper and shoes with holes in them. Man, you must really have the gift of gab! … lol. As usual, great video!

    • @danmeck5978
      @danmeck5978 ปีที่แล้ว

      His wife was smart. He was studying and was super smart. She knew what she was looking at...his bank account, not his shoes 😂.

  • @daviddavis8053
    @daviddavis8053 ปีที่แล้ว

    How come you like upwork over fiverr? I'm on both right now...

  • @Dtexas512
    @Dtexas512 ปีที่แล้ว

    dropping that 🔥🔥🔥

  • @hecpal1982
    @hecpal1982 ปีที่แล้ว +1

    Buy things you need, don't things you want

  • @cathryn4697
    @cathryn4697 ปีที่แล้ว +7

    🔐🔒to obtain financial freedom,one must either be a business owner,an investor or both generating passive income, particular on a weekly and monthly basis.that' the key to living a financially stable life.i pray that anyone who reads this will be successful in life..

    • @samuelbisong3682
      @samuelbisong3682 ปีที่แล้ว

      @tasiumuhammad1823 you're right

    • @samuelbisong3682
      @samuelbisong3682 ปีที่แล้ว

      but I don't know why people remain poor due to ignorance

    • @stephenmark2069
      @stephenmark2069 ปีที่แล้ว

      people are really making a lot of money from it....

    • @ellenron9389
      @ellenron9389 ปีที่แล้ว

      I totally agree with you, the crypto is the most profitable venture level invested in,I reached my goal of 200k yearly trade earnings setting realistic goals is an essential part of trading

  • @dnah02
    @dnah02 ปีที่แล้ว

    I have 3 items I want to buy but I will end up buying them later on. After that I have nothing else I want to buy. Many wants end up eating up savings goals.

  • @rickynorris1694
    @rickynorris1694 ปีที่แล้ว

    I see how anyone could not like this channel.

  • @Placebo201
    @Placebo201 ปีที่แล้ว +1

    I wouldn’t follow the advice on selling your newer car to buy a used car… especially in this market where some used cars are being sold for basically brand new prices…..

  • @Blessed602
    @Blessed602 ปีที่แล้ว

    Ppl listen to this man, he’s awesome! He speak facts.

  • @insaneinnixa
    @insaneinnixa ปีที่แล้ว +2

    I started my business for $35 + tax so about $40-$42 of so. 1.5 years later im making $1,300 a weekly.

    • @NatachaDacine
      @NatachaDacine 10 หลายเดือนก่อน

      Could you please tell us more about your business?

    • @insaneinnixa
      @insaneinnixa 10 หลายเดือนก่อน

      @@NatachaDacine I pick up dog poop

  • @theresecook-bright1757
    @theresecook-bright1757 ปีที่แล้ว

    You either pay rent or a house payment.

  • @TheConservativeHippie
    @TheConservativeHippie ปีที่แล้ว

    I remember driving In Michigan. They’ve got loads of potholes!

  • @joshmartin8045
    @joshmartin8045 ปีที่แล้ว +1

    The American dream. I make a dollar so I'm going to spend two!!!

  • @samanthaharrington8713
    @samanthaharrington8713 ปีที่แล้ว

    I have 30K saved up.... But this is going towards adopting a child and putting a down payment on a condo with my wife within the next 4 years. I'd love to be able to save up another 30K in those 4 years....

  • @Revamp4reel
    @Revamp4reel 11 หลายเดือนก่อน

    Dads a mechanic thats why we survived with the beat up car mentality. We have lots of family friends with beat up car that are every week in our garage asking my dad to fix it. They dont even know car needs change oil or break change. Buy a beat up car, and when breaks there goes your under 10k beat up car. Get an EV if you gas expense is 200-300 a month just buy an EV and charge it on your home.

  • @whywouldigivemyrealname5162
    @whywouldigivemyrealname5162 ปีที่แล้ว +3

    A problem a lot of people have is with comfort. I'll use my fat ass as an example. I got fat. Therefore, I need new clothes to fit my fat body.
    However, buying new clothes is actually me just maintaining a level of comfort that I shouldn't have because it's less healthy. Therefore, I want to have new clothes because I don't want to work out and stop drinking beer. I need to lose weight and work on my health. I need discipline. I don't need to spend money to compensate for poor behavior in the first place.
    I've accrued exercise debt.

  • @johnmorris9745
    @johnmorris9745 ปีที่แล้ว +1

    I’ve come to realize as an investor that instead of keeping my money sit idle in my savings account it’s more productive to invest the little available and build a portfolio from the accumulated profits of investment

  • @dr.uzo.official
    @dr.uzo.official ปีที่แล้ว

    I like the video, but what I don't quite believe is the returns you often quote. For example, making 21Million in 45years on 20% annual return of 6k; I doubt that....

  • @RonnRetrobro
    @RonnRetrobro ปีที่แล้ว

    Are you still hiring?

  • @TruthFreedom1776
    @TruthFreedom1776 ปีที่แล้ว +1

    Maybe you could explain something to me it says make 10000 fast on the thumbnail then you literally say in the video it's not gonna happen fast. Please stop baiting people

  • @mimi1girl2dempsey3
    @mimi1girl2dempsey3 ปีที่แล้ว

    I started a self storage bysinesss with an inheritance and make 20% return on my investment

  • @Antares_451
    @Antares_451 ปีที่แล้ว

    I'm not the majority and I fly below the minority... I could downsize but my mortgage is too low to do that, I don't pay property taxes and my place is nice and safe.

  • @fredrickpeterson4382
    @fredrickpeterson4382 ปีที่แล้ว +2

    I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment.

  • @Tomee62538
    @Tomee62538 ปีที่แล้ว

    I started skipping breakfast and lunch.

  • @OldManPaxusYT
    @OldManPaxusYT ปีที่แล้ว

    _'...the more you share, the more your bowl will become plentiful..'_
    . 😉

  • @moniquewells4068
    @moniquewells4068 ปีที่แล้ว

    Tips for Student Loans? I have $60,000

  • @RUCKUSRADIOPODCAST
    @RUCKUSRADIOPODCAST ปีที่แล้ว

    Second .

  • @CrewsMachine
    @CrewsMachine ปีที่แล้ว

    Time stamps

    • @CrewsMachine
      @CrewsMachine ปีที่แล้ว

      @Telegraph_Singh_invest the crime you’re selling, I’m not buying.

  • @brauliaguerrero656
    @brauliaguerrero656 11 หลายเดือนก่อน

    Can you do something for 57 year old that don’t have anything to fall back on