Your very first sentence on this video pretty much summed it up. I try so hard to teach my (adult) son this stuff, but it's easier for him to just ask mom for money. I starved once, years ago, and that is a huge incentive. It makes me so sad seeing the huge amounts of money many people waste. It's very important to give back to society, as much as you can. If you can't give money, donate your time, and not just to organised charities, help anyone who is in need. There is always someone who has less than you. I gave a sum of money recently to help the people in Beirut- they are really suffering since the blast, and the next day I made a very good (and random) buy on a stock which returned my donation a thousand times the next day. It works. Very good video Jaspreet. But, I suspect you are preaching to the choir here :)
Another great video. I've been watching lots of your videos over the past week and you are absolutely spot on regarding the mindset. Through my business I've encountered them all, those who pretend to be wealthy, those that are jealous of genuinely wealthy people and those that moan about their present situation yet do nothing to change it 🤦🏻♂️ I have friends that are millionaires and friends that are stone broke, the difference between their mindsets is astonishing. My wealthy friends buy things they like but will also increase their wealth, using passive income to pay for them. My broke friends, well their mentality, wow... Eg If the boiler breaks in the property they rent then it's the landlords problem and not theirs, so in their mind they're saving 2k to 3k it's costs to fix it. The fact that they don't even own the front door on a property they pay for every month doesn't concern them at all. To me that is just bonkers!
Jasprett, just want to say thank you for the content and I am so happy that your videos are getting longer and longer. I really, really, really love watching them. The information is so good makes me not want to stop. I always go back and watch past content because its never to late to reinforce habits.
I grew up thinking debt was normal. I just started talking to my family about why that was and they get defensive when I talk about it. So thank you for all your advice! It's so wonderful to see a different side for once and know that I'm not crazy!
I really like this quote: money is just a tool, it doesn't make you a better person or bad person. Also the more money you have, you can do more for yourself, your family, your community and your surroundings.
I love your videos, Jaspreet, and have been watching them for a few weeks now! I am 31, almost debt free (if everything works in my favor), and and looking into investing and dividends for the first time. IT'S SO MUCH INFORMATION! ...but I hope I make some good choices that make it worth it.
You are incredible sir. Thank you for the best info a working shulb like me that just did not under stand how it works. You changed this work class shulbs life.
I truly enjoy the truth bombs you keep dropping on everyone! The sad thing is people want to be told soft little lies instead of big hard truths. Keep up the good work I appreciate it and hopefully more people in the future will appreciate this information as well. Thank you!
true i send money and stuff to the people who was good to me and if i have more I could reach out more. I get to take them to a nicer place. I love you
What's the difference between riches and wealth? Riches are situational (how much you own) Wealth is generational (how long it lasts) That was the explanation given to me that made the most sense
dude you rock. LOve your info. I'm addicted to your channel. Thank you. addendum--- I like to watch your videos on 2x speed. I learn what you say twice as fast that way!
Love your guacamole reference. Whenever I eat a meal at a place that is attached to and ran by the grocery store I will always buy my drinks from the store and take it into the restaurant with the receipt. I can get a whole half gallon of OJ from the store for the same price or less as I would pay for 8 oz. in the restaurant.
@@soldermecold7456 yes...but why BUY tequila, when you can.. MAKE tequila?....Then you can drink tequila without using money to get it and then you can also SELL tequila and use tax write offs on the building materiels spent to make it... and continue making it. Win, win, win.
"Hate it or love it, the reality is, we live in a society where the producers are rewarded and the consumers are the ones who pay the price." Damn right. As it should be.
For guac, you also need to buy cilantro, onions, tomatoes, salt, garlic, and limes. And then you need to spend the time making the guac. Plus, you have to drive to Kroger. So, really, if you add it all up, then $3 for a side of guac actually makes more sense.
About Stop the payments : i believe if im paying 5% anual interest on my car, theres no reason to rush it, instead i can go invest that money and put it in the s&p or real estate and then i'd pay, keep the difference and build more assets at the same time.
Seriously. I wish I learned this years ago... I feel like I wasted so much time. BUT not all is lost. There is still time (unless you are literally 85 years old than yeah maybe it’s over :(
Its all about perspective, which we usually get from our elders and peers because, most of us live in small to big bubbles. Step out and see a different perspective, that is not geared towards being materialistic and careless....living in excess only hurts the environment around you! Wealth is needed to protect you and your loved ones but there is a limit....stop keeping up with the Jonses! Its a loosing battle! Real wealth is time spent with loved ones and inner peace!thanks for the knowledge the younger generation needs to understand this more than ever now! 👍
As much as we all want build wealth long term, sometimes spending a reasonable amount right now is ok so you can find the best balance between sacrificing quality of life right now and gaining quality of life later. At the same time, you have to be super careful, and think “if I buy this right now, will I regret it in a couple months?”. For example, I’m saving up for a new bike because my last one got stolen, and riding bikes is something that I’m passionate about and have been for years. It will bring me long term happiness as well as exercise. AT THE SAME TIME, I don’t need to order food every time I got the munchies, or buy expensive clothes every couple of months, I don’t need that stuff and the money can be put to far better use. Balance is key, and it all depends on how much you want to gain and how fast.
Thank you for watching! If you enjoyed this video, you should watch - The Secret To NOT Being Broke: th-cam.com/video/nQgLoIGFCs0/w-d-xo.html
Would you recommend paying down Student loans before investing?
@@dricedt Topestrade
+1. 4. 3. 8. 5. 0. 0. 4. 8. 2. 7
Q
@@joecox1841 DM for more info🖕
@@dricedt Yes, the first step is getting out of debt.
Your very first sentence on this video pretty much summed it up. I try so hard to teach my (adult) son this stuff, but it's easier for him to just ask mom for money. I starved once, years ago, and that is a huge incentive. It makes me so sad seeing the huge amounts of money many people waste.
It's very important to give back to society, as much as you can. If you can't give money, donate your time, and not just to organised charities, help anyone who is in need. There is always someone who has less than you.
I gave a sum of money recently to help the people in Beirut- they are really suffering since the blast, and the next day I made a very good (and random) buy on a stock which returned my donation a thousand times the next day. It works.
Very good video Jaspreet. But, I suspect you are preaching to the choir here :)
The Minority Mindset account that responded to you is not Jaspreet, is someone else.
I got the mindset, I'm working up my income, I'm paying my self, I stopped the payments, and I'm being patient. :) Guess I'll be wealthy one day. :)
Another great video.
I've been watching lots of your videos over the past week and you are absolutely spot on regarding the mindset. Through my business I've encountered them all, those who pretend to be wealthy, those that are jealous of genuinely wealthy people and those that moan about their present situation yet do nothing to change it 🤦🏻♂️
I have friends that are millionaires and friends that are stone broke, the difference between their mindsets is astonishing. My wealthy friends buy things they like but will also increase their wealth, using passive income to pay for them. My broke friends, well their mentality, wow...
Eg
If the boiler breaks in the property they rent then it's the landlords problem and not theirs, so in their mind they're saving 2k to 3k it's costs to fix it. The fact that they don't even own the front door on a property they pay for every month doesn't concern them at all. To me that is just bonkers!
Bore off Henry 😴
Jasprett, just want to say thank you for the content and I am so happy that your videos are getting longer and longer. I really, really, really love watching them. The information is so good makes me not want to stop. I always go back and watch past content because its never to late to reinforce habits.
I grew up thinking debt was normal. I just started talking to my family about why that was and they get defensive when I talk about it. So thank you for all your advice! It's so wonderful to see a different side for once and know that I'm not crazy!
You ain’t crazy, I talk to my friends and most of them think consumer debt is totally normal. SMH.
No you’re not crazy 😜 everybody else is 🤣😂 that think being debt 💸 ridden is ok.
@@supercool11 Yep!
Jaspreet nailed it! “ Luck happens when hard work meets opportunity.” So, it’s vital to prepare for upcoming opportunities.
Preach Jaspreet!
I really like this quote: money is just a tool, it doesn't make you a better person or bad person. Also the more money you have, you can do more for yourself, your family, your community and your surroundings.
I love this guy so much!!!
Love this channel💚
I agree with you 100% about how society hates people with money. Everything is seems to be flipped right now.
Free game, people pay for this type of info... Thank you JS... love your channel
I love your videos, Jaspreet, and have been watching them for a few weeks now! I am 31, almost debt free (if everything works in my favor), and and looking into investing and dividends for the first time. IT'S SO MUCH INFORMATION! ...but I hope I make some good choices that make it worth it.
Thanks brother
Thanks Uncle Jaspreet
Thank you for this Jaspreet! Passing your videos onto family members living paycheck to paycheck.
You are 💯 percent right!!!! Great outstanding video!!!
+1..6..5..0..3..0..0..8..1..2..4🇺🇸
Best video
Love the analogy of the holes in the cup! Great video!
Dude your videos are amazing!
Paji u r great
You are incredible sir. Thank you for the best info a working shulb like me that just did not under stand how it works. You changed this work class shulbs life.
PREACH JS!!!!! You touched on what people totally ignore!!! It’s time to accept those hard truths. You Rock Man! 100 thumbs up to you. 🌟🌟🌟👍🏽
Thank you for watching! 💪💪💪
This channel is part of my morning commute. It pumps me up.
I truly enjoy the truth bombs you keep dropping on everyone! The sad thing is people want to be told soft little lies instead of big hard truths. Keep up the good work I appreciate it and hopefully more people in the future will appreciate this information as well. Thank you!
Such a wise man!!
true i send money and stuff to the people who was good to me and if i have more I could reach out more. I get to take them to a nicer place. I love you
Exactly right thank you
Good stuff. Wealth is freedom. Looking rich is slavery.
Love your content! Im trying to get my son hooked also
What's the difference between riches and wealth?
Riches are situational (how much you own)
Wealth is generational (how long it lasts)
That was the explanation given to me that made the most sense
Must listen
Thank you
Just to let you know I am a BIG fan of yours... Thanks for all good advices. You are the genius.
My new favorite channel
Great job Jaspreet! Starting with the mindset is key. You're content is dead on and your a great presenter.
you are the man brother
Topestrade
+1. 4. 3. 8. 5. 0. 0. 4. 8. 2. 7
Excellent job!!
I love that guac concept you made ... Got to love the guac
Amazing👍👍
You truly are inspirational and very wise!!
Great content
Topestrade
+1. 4. 3. 8. 5. 0. 0. 4. 8. 2. 7
I love it 🥰 thanks for all your knowledge.
💯💯💯💯 great mindset talk!!
May the universe bring you so many blessings
This Video is More worth Than Entire School and College System I had Learnt From.
True!
Thank you Jaspreet!
Luck is where ‘preparation’ and ‘opportunity’ meet.
Thank you jaspreet for being brutally honest! I wish I had some one talk wisdom into me just like you are!
I love this video's focus on mindset! I've seen so many people skip this step and fail at reaching their ideal goal of wealth. Awesome vid as usual! 😀
Loved this video. One of your best!
Simple and to the point. Errbody should hit the thumbs up button and share
Topestrade
+1. 4. 3. 8. 5. 0. 0. 4. 8. 2. 7
dude you rock. LOve your info. I'm addicted to your channel. Thank you. addendum--- I like to watch your videos on 2x speed. I learn what you say twice as fast that way!
Work hard. Pay yourself first. Spend less. Invest!
point #3 is straight facts!!
Great learning of good contents ✌️😁
Love your guacamole reference. Whenever I eat a meal at a place that is attached to and ran by the grocery store I will always buy my drinks from the store and take it into the restaurant with the receipt. I can get a whole half gallon of OJ from the store for the same price or less as I would pay for 8 oz. in the restaurant.
Let's build that wealth so we can retire early 😁
What's up Sensei! You and Jaspreet always get a thumbs up from me. Big money 2021!
@@user-bm6wu9zw9m thanks brother, I always appreciate your support 😁
Really insightful inputs, very well delivered, thanks for quality content
Mindset and income are the most important and what accelerated my path to financial independence. Thanks for sharing!
I think this is one of your best videos.
Avocados on sale at Aldi's for .29 this week. Gonna try and see if these people telling the truth about being able to freeze it 🥑🥑🥑🥑🥑🥑🥑 Great points.
I came for the financial advice and stayed for the extra guac!
i like your water analogy!
This might be the best educational video i have ever seen 🙂👍 i really learned a lot! Thank you Jasprit 😊💕 . And btw..you look devastating in Brown 😍
Very wise words.
Rich dad poor dad was the first book to change my mindset. Great video Jaspreet
Jaspreeeeet! 💯 🔥 🧡 Loved this video! Good stuff foh sho!
Great video Jaspreet! Spend less than you earn. It’s that simple.
This is so very good - on so many levels...
@Minority Mindset You're a fraud.
GTFO
Damn Ja u up early grinding. I see u bro. Get it. Im down. Im going to get active with your newsletters and website. You're one of my top 10 TH-camrs
+1
The amount of knowledge I've learned by listening to this man, so happy I found this channel. Thank you sir.
Excellent content
+1..6..5..0..3..0..0..8..1..2..4🇺🇸
Thanks
Love your contents dude! Thanks again for sharing your knowledge.
+1..6..5..0..3..0..0..8..1..2..4
Nice work 🎆✨🎇
This man is amazing 😍
This is GOLD!
Lifetime speech! 💯
Separate your needs from the wants.
I want tequila... I need tequila...
That takes tremendous discipline but will is worth the sacrifice!
I dont have any 'wants' the only thing i want is to become wealthy
@@soldermecold7456 yes...but why BUY tequila, when you can.. MAKE tequila?....Then you can drink tequila without using money to get it and then you can also SELL tequila and use tax write offs on the building materiels spent to make it... and continue making it. Win, win, win.
But guacamole is healthy. I want it
Thanks you helping me to realize about life.
Another one! great video and great ideas on sustaining your wealth. But your Turban color is not going with the shirt.
I disagree with the video about buy everything with your credit card, (and pay it off) but in general I am grateful for this man's knowledge.
Great video! Do you have video on how to make a will?
I'm going to buy this dudes courses. He is awesome. Been following him for a while now. Time to support and learn more.
This was an incredible honest vid! LOVED IT
"Hate it or love it, the reality is, we live in a society where the producers are rewarded and the consumers are the ones who pay the price." Damn right. As it should be.
My man 🔥
OK OK I LIKED THE VIDEO.!!
This is an excellent video. Share it so others can learn.
For guac, you also need to buy cilantro, onions, tomatoes, salt, garlic, and limes. And then you need to spend the time making the guac. Plus, you have to drive to Kroger. So, really, if you add it all up, then $3 for a side of guac actually makes more sense.
I have been watching your video for a year. I feel like I am on my way to achieving financial freedom. Thank you very much.
Always great content
About Stop the payments : i believe if im paying 5% anual interest on my car, theres no reason to rush it, instead i can go invest that money and put it in the s&p or real estate and then i'd pay, keep the difference and build more assets at the same time.
Can u do a housing market Update!! plz !! thanks
Is it Sunday, because Jaspreet is PREACHING! 👏🏽
Why am I not 15 years younger, and be watching this ? To all youngsters LISTEN to this man.
Seriously. I wish I learned this years ago... I feel like I wasted so much time. BUT not all is lost. There is still time (unless you are literally 85 years old than yeah maybe it’s over :(
Already :)
Because this wasn't on youtube it was all in books. And who wanted to pick up a book in finances. Especially when you're a teen. Lol
Just do this now.
Do you make the guacamole at home and then bring it with you to Chipotle?
🤣😂
Lol
Its all about perspective, which we usually get from our elders and peers because, most of us live in small to big bubbles. Step out and see a different perspective, that is not geared towards being materialistic and careless....living in excess only hurts the environment around you! Wealth is needed to protect you and your loved ones but there is a limit....stop keeping up with the Jonses! Its a loosing battle! Real wealth is time spent with loved ones and inner peace!thanks for the knowledge the younger generation needs to understand this more than ever now! 👍
2:04-2:30 -- everyone on earth needs to hear this part
As much as we all want build wealth long term, sometimes spending a reasonable amount right now is ok so you can find the best balance between sacrificing quality of life right now and gaining quality of life later. At the same time, you have to be super careful, and think “if I buy this right now, will I regret it in a couple months?”. For example, I’m saving up for a new bike because my last one got stolen, and riding bikes is something that I’m passionate about and have been for years. It will bring me long term happiness as well as exercise. AT THE SAME TIME, I don’t need to order food every time I got the munchies, or buy expensive clothes every couple of months, I don’t need that stuff and the money can be put to far better use. Balance is key, and it all depends on how much you want to gain and how fast.