Do THIS When You Get Paid | 7 Steps When You Get Paid - Minority Mindset

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Do THIS When You Get Paid | 7 Steps When You Get Paid
0:00 - Video starts
1:15 - Direct deposit your net income
3:23 - Save $2,000 fast
5:30 - Pay down your high interest debt
6:57 - Invest your money
11:40 - Continue saving money
13:05 - How to spend your money
18:36 - Buy your time back
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Minority Mindset was founded to revolutionize the way people think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. With more than 700,000 subscribers, Minority Mindset is one of the leading financial literacy companies in the world. Go to theminoritymindset.com or visit our RU-vid channel / minoritymindset for the latest on how we help people Rethink Rich. #RethinkRich
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This Video: • Do THIS When You Get P...
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Video host: Jaspreet Singh
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DISCLAIMER CONT'D: I'm just a random guy on RU-vid so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Опубликовано:

4 июн 2024

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Комментарии : 2,8 тыс.

@MinorityMindset 3 года назад

Get my FREE Guide To Generating Passive Income: app.marketinsiders.com/passive-income-guide WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through RU-vid 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!

@AmritGrewal31 3 года назад

i feel like youtube might be allowing these spam accounts to exist to inflate their numbers. Afterall, they are at a level that there's barely any room for anymore growth

@stevee2639 3 года назад

.....too late 😥😥😥

@mochashakur4646 3 года назад

I knew something wasn't right when I kept getting the same response everytime I comment

@themostfunniest2459 3 года назад

Jaspreet! Please make a video on which is more important Money or relations?

@moreeze4775 3 года назад

Yeh they messaged me yesterday.

@Christensen554 6 месяцев назад

At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.

@Novakissla 6 месяцев назад

I'm in my mid 30’s. Once I get paid, I begin to spend on irrelevant things. I work hard for my money, so I believe I can spend it on what I like. The older I get, the more my perspective shifts. I want to take my finances into consideration and put myself in order before it's too late. How are you doing it, Sir?

@Christensen554 6 месяцев назад

Herman Jonas is the brain behind my success. I've gotten into a plethora of assets with $24k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now I sit back, and just reinvest at intervals while I handle my other businesses.

@Tamboool 6 месяцев назад

Do not forget that when it comes to the stock market, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.

@Vikturneer 6 месяцев назад

@@Tamboool I agree but working with Herman has been a game-changer for me. His market insights and trading strategies are consistently spot-on. It’s not just about profits; it’s also about the peace of mind that comes from knowing you’re in capable hands.

@Vikturneer 6 месяцев назад

Hermanw jonas (a Gma!L comm Is he taking commissions for his services? Yes, I’m I still making money in the process? Hell yes!

@travisholder5442 3 года назад

This should be a taught in High School to everyone. Everyone won't listen but some will.

@CrzyDucks 3 года назад

Taught

@travisholder5442 3 года назад

Thanks

@lionheart93 3 года назад

And college and elementary and ya lol.

@maximustrolleus9860 3 года назад

@Nowhere But Everywhere as a pro eduction person, school is the greatest equalizer. Its why so many immigrants are able to become doctors and lawyers when they are dirt poor. They study hard and take school seriously. And it is taught in school, not my fault you dont pay attention. Its called taking classes in accounting, finance, business or economics. And the accounting lobby is a big lobby and thats why these classes are electives and not mandatory.

@abark 3 года назад

Or alternatively, you could take responsibility for your own learning and use the device at your fingertips with the entirety of human knowledge available to learn instead of demanding someone else do it.

@Kaloroki Год назад

I’ve never been taught any of this. This is genius for someone like me who is wasting their money in their early 20s. Easy subscribe.

@candytiikeri Год назад

They don’t teach important stuff like this in school

@Benefitwithhannamacko 11 месяцев назад

I do be grateful and thankful if I saw someone that will make me wealthy in my early age !.

@ivanparcero 11 месяцев назад

Don’t you think it will be more ok if you just drop the head line of what you are trying to say ?

@Selfwealthtoday 11 месяцев назад

I was wondering what you were trying to say so why not say it please.

@ivanparcero 11 месяцев назад

To get a better job?

@nationwide3568 11 месяцев назад

Successful people don't become that way overnight, what most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time I pray that anyone who reads this will be successful in life.

@natashabailey7136 11 месяцев назад

That's why we need to plan ourselves making extras in all we do because depending on paycheck that can give us our comfort and peace till we die is not guaranteed

@thurshanthyoganathan4671 3 года назад

this guys make videos everyday...respect the grind.

@SuperCowboys16 3 года назад

Which is why I don’t understand why people give it a thumbs down, if the video is not in your interest find another video that interest you. We’re the minority mindset we think different

@sassyblumpkin5437 3 года назад

My man's literally says "KEEP HUSTLING!" every video

@clownanaround7996 3 года назад

@@SuperCowboys16 thumbs down still helps algo for him doing nothing doesn't help

@SameerAhmed-wf1bx 3 года назад

Seriously! Probably one of the most consistent RU-vidr’s out there

@ryanweston9677 3 года назад

Not just throwing out videos either, but intelligently, well spoken, content-rich, helpful videos! He’s the GOAT of RU-vid!

@relaxingnaturesounds9675 3 года назад

If you are single you should be saving like crazy because once you have kids and a partner it’s a lot harder. Possible but harder for most.

@Gasmaskratto 3 года назад

easier in the sense of rent and bills if shared between two people as single its a lot harder on the paycheck

@Jursaw 3 года назад

Aye, I just started using M1 finance! Pretty confusing but I’m watching youtube videos on how to understand it

@1986tessie 3 года назад

I have 4 kids and my wife and I save about 600-700 a fortnight. 1200-1400 a month we invest 400-500 a fortnight. 800-1000 a month on gold and silver. We don't put any money on the stock market, I hate gambling and that's all the stock market is in my opinion. Admittedly we have 2 cars which can be expensive sometimes when we need repairs and such but we are also debt free and have no credit cards.

@relaxingnaturesounds9675 3 года назад

@@1986tessie wow youre doing great. Love it

@1986tessie 3 года назад

@@relaxingnaturesounds9675 we spent a lot of our younger years hitting it pretty hard so now we in our mid 30s trying to play catch up still. But gold and silver; we love it, even now prices are higher then we like to pay and a lot higher than we have payed in past years it still seems like a good play.

@SophiaMichael-ww4qd 6 месяцев назад

I began investing at the age of 34, primarily utilizing my hard work and dedication. Now at the age of 42, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly, but rather about building wealth consistently and persistently.

@SophiaMichael-ww4qd 6 месяцев назад

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi

@SophiaMichael-ww4qd 6 месяцев назад

The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.

@livingthedream8404 Год назад

One year old video is still relevant today, strong work Jas

@marthdaeglin 3 года назад

I used to get Subway every work day for lunch. One day I counted everything that went on my sandwich then priced out the exact same sandwich if I made it myself. Turns out I can make 6-7 of the exact same sandwich for the price I was paying Subway for one sandwich. This discovery made a huge impact on my finances.

@jamesmoore9636 Год назад

Walla!!!

@user-vl8ck4gz6w Год назад

sub of the day costs 3,60 euros here. If I say put EVERRRYTHANG in it. It pays itself 4 times lmao

@ktcco961 11 месяцев назад

Once you unlock this level of money management you are well on your way to being home-free.

@claudinegreer8622 3 года назад

We did the Dave Ramsey Debt Snowball method and paid off $42k of debt!

@jenny01317 3 года назад

I think Dave Ramsay suggested the babysteps first, but Jaspreet is right about increasing the emergency fund to 2000 to adjust for inflation

@gamejester. 3 года назад

Debt snowball is stupid. Not mathematically the fastest way to pay off debt.

@D.H.CE_FL 3 года назад

@@gamejester., not stupid, just another option. A lot of times and for a lot of people, it's all psychological. Smallest to largest gives them the feeling of quick wins. Stupid is just thinking there's only one way to skin a cat.

@jsiv0511 3 года назад

How long did it take you using that method?

@claudinegreer8622 3 года назад

@@jsiv0511 2 years

@judithmargaret8357 Год назад

Successful people don't become that way overnight. What most people see at a wealth, a great career, purpose is the result of hard work. 🤑🤑

@barbarabetty3733 Год назад

Her management team is quite impressive so far.... with my $40,000 deposited I made a profit of over $288,000 US Dollars with just 10% charge.

@juliussabo6471 Год назад

Copy paste 🙄

@raritybonafide4738 4 месяца назад

Where did u deposited? On savings or chequing?@barbarabetty3733

@DavidAntony-gq7id 11 месяцев назад

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

@DavidAntony-gq7id 11 месяцев назад

@@MarcusFred-wn3iv This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.

@DavidAntony-gq7id 11 месяцев назад

@@MarcusFred-wn3iv quickly do a web check where you can connect with her, and do your research with her full name mentioned

@BrunoLuke 11 месяцев назад

@@MarcusFred-wn3iv Investment is that tiny line that separates the rich from the poor.

@charlesbrown- 9 месяцев назад

@@MarcusFred-wn3ivThat is where courage comes in .The market can never be in the rise always,they will always try to wash away weak hands

@NoBody-xx6ii 9 месяцев назад

can i

@CaseyBurnsInvesting 3 года назад

When you get paid... 1. Spend it before you get paid 2. Pay the minimum on your credit cards 3. Blame the government and your employer for the fact you’re always broke

@Ognahx 3 года назад

I grew up with this mindset because of the examples I had. Thank God I've educated myself.

@justmyopinion9883 3 года назад

Casey Burns Investing, for many years that was the way I managed my money. Thankfully, I learned a better way.

@CaseyBurnsInvesting 3 года назад

@@justmyopinion9883 Blessings to you my friend.

@MrTmenzo 3 года назад

"The system keeps me poor whaa whaa!!"

@harmanjotsingh4230 3 года назад

I honestly continue to blame the government no matter what but yeah lol

@GameMediaOutlet 3 года назад

This man is dropping gems that should be standard in highschool education

@user-kz8ik8cg2c 2 года назад

high schools will never help you

@rickokyeresinsightseries7169 Год назад

The matrix would not allow it in our schools

@ckelly9747 Год назад

Topics like this should be taught in homes and reinforced at school. There is a disconnect between homes and schools so w/o prudent, experienced teachers and parents more emphasis flows to consuming trinkettes, immediate gratification, deviate sexual behavior i.e. reassignmemt hanges, gay studies. Weightier matters are omitted.

@GimmeSkooma Год назад

@@ckelly9747 Not everyone has a good home but almost everyone goes to school which is why it should be taught there.

@yo75z33 Год назад

if everyone was rich who would the rich feed off of?

@freddyl777 Год назад

There's a twisted reason why schools don't teach this, but I'm so glad this man does!!! 💯😃🙌🏾💰

@carennorthcutt7724 3 года назад

I work at a thrift store. It is ENTIRELY INSANE how many shoes and clothes still have price tags on the items and were never worn. Not rejects from stores; these were items from someone's closet or unwanted Christmas items. Make a $2,000 liquid savings account. Not $2,000 in last year's designer.

@KyLesCaster 3 года назад

All my dad and grandfather ever taught me was that life is hard and you have to work your ass off or else end up homeless. They never invested, always had a fear based mindset on the world, and kept working past 50. I'm trying to crawl my ass out of that and shift to growth mindset and teach my son about money early.

@Ethannthomas 3 года назад

Good for you, I wish you the best!

@floriskooi7163 3 года назад

inshallah my brother

@jtreyshorts4262 Год назад

Brooo. I met an 80yr old man still tryin to work construction because he said he never bought a house and never invested. He would jus live paycheck to paycheck his whole life

@trilltrapvids4781 Год назад

😂😂

@mikem2022 Год назад

@@jtreyshorts4262 that’s sad

@margaretrosemakoni7096 11 месяцев назад

Thank you Sir. This is so clear even for a 74 year old. I invested in property when I retired after almost 40 years of working in the nursing profession. It was wisdom from God. I wish I'd learnt more about what you're now teaching. Thank you.

@ThomasWilliam-sw8ms 8 месяцев назад

I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me, retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45

@ElizabethSarah-cl3sc 8 месяцев назад

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving

@ThomasWilliam-sw8ms 8 месяцев назад

@@ElizabethSarah-cl3sc Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know

@ElizabethSarah-cl3sc 8 месяцев назад

@@ThomasWilliam-sw8ms Please, how do I connect with your financial planner?

@ThomasWilliam-sw8ms 8 месяцев назад

@@ElizabethSarah-cl3sc credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up

@ElizabethSarah-cl3sc 8 месяцев назад

@@ThomasWilliam-sw8ms Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.

@charletfoster8917 3 года назад

👍🏿 “Prioritize needs from wants” = Financial stability 🙏🏿🙏🏿🙏🏿🙏🏿

@454lin 3 года назад

I automatically save 30% of my income ‼️

@nickdoyle-achievefinancial2464 3 года назад

Good job! Hopefully you are also investing a good amount 😀

@charletfoster8917 3 года назад

👏🏿👏🏿👏🏿👏🏿👏🏿

@sassyblumpkin5437 3 года назад

Did you start off that way or did you increase it over the years. Also congratulations thats impressive!

@454lin 3 года назад

@@sassyblumpkin5437 nah, started off saving 10%, then went back down to 5%, then 15% then 30%. It took 2 years altogether. It wasn’t easy

@jf6466work 3 года назад

Best trick is to have 3 to 6 months of expenses in a saving account. Any more is too stagnant. Once you have the 6 month amount start putting it in investments otherwise you'll suffer death by inflation.

@stephaniejose5565 Год назад

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.

@paigehuston2060 Год назад

Not quite long I started investing. I did a trial investment in stock like Disney but to be honest I don’t know what am doing and I don’t think I made anything either. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated.

@stephaniejose5565 Год назад

@@paigehuston2060 investing requires higher knowledge. I invest across the top markets but not by myself tho. i follow the guidelines of Alexandra Diana Jose. you might have heard of her.. I can correctly say she’s worth her salt as a investment advisor as her diversification skills are top notch/ I say because i see that in her results as my portfolio grows by averages of 30 to 5O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what her place and not just on some particular industries of my choosing. .

@stephaniejose5565 Год назад

@@paigehuston2060

@paigehuston2060 Год назад

@@stephaniejose5565 please how do i get in touch with her. Impressive. Would you mind sharing some more details. I’d like to have a talk with her.

@conniegriggs4996 Год назад

@@stephaniejose5565 Tnx for this info, I just looked up your investment professional and found her page. Her experience is pretty impressive. I wrote her and I'm waiting on her reply.

@LadyIcee Год назад

Best financial advice I have heard. I wish I knew this when I was in my twenties. Now that I'm going to be 31 in a couple of months this is what I'm going to be doing with my paychecks.

@drkuteesaviola 10 месяцев назад

True

@OE1285 5 месяцев назад

Its never too late essay

@rojanjacob 3 года назад

Dave Ramsey's Baby steps...

@Francis.Rivers 3 года назад

19:25 “At the end of the day, we can always make more money. But we cannot get more time”

@ct5951 3 года назад

💯

@martinsuper4545 3 года назад

And yet if you are willing to sacrifice a little more when you are young, it will pay huge later. I bought my business when I was 31. It was making about $150,000 a year. Now I am 38 and it is making about $450,000 a year. I am going to keep reinvesting hard for about two or three more years. After that, I am going to continue to grow the business, but not at the expense of my personal time or wealth like I was in the beginning.

@samuelhlophe1126 3 года назад

@@martinsuper4545 please tell me more..

@yunnirobles701 2 года назад

@@martinsuper4545 what kind of business do you have

@martinsuper4545 2 года назад

@@yunnirobles701 RV Park. I work about 85 hours a week April to October.

@jeffreycarter1364 Год назад

The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.

@jeffreycarter1364 Год назад

All passive income ideas work as long as you put the work in. I focus more on cryptos, NFTs, real estate crowdfunding and IDOs. With the assistance of a financial consultant, I’m doing well for myself.

@jeffreycarter1364 Год назад

You can make a quick internet research with her name *Olivia Charlotte Oswald.* The rest of the information is there for you to read and get in touch.

@deadnationmaster Год назад

The only issue is when some or all seven of those houses start getting damaged by renters or rising property taxes? Do you use property management company or fix it yourself?

@flyingturret208thecannon5 11 месяцев назад

How does a society sustain passive income? I don't think passive income is economically viable.

@EmrikBjork 11 месяцев назад

@@jeffreycarter1364Thanks for this piece of information. I'm glad I'm winning already

@markallen7343 Год назад

Yea i used to be one of these people... dunkin donuts coffee.. 2.80 A day. and breakfast corner store 5.00... lunch 10 to 12 dollars... i added up the coast over 300 a month for lunch... naw i ride home for lunch 🚴‍♂️ Monday throw Wednesday and only order lunch 2 times a week... and i was getting little fat cause of all the eating.. little fasting 🧘‍♂️... and started to make coffee at home... and having it before I leave for work... and the second part is i single father and paying down my house/mortgage.. i bought my house/mortgage when I was 26 and naw I'm 40... got the house for 88,000.oo and i have 15,781.82 leftover to pay... i will be Debt free in the next 6 months... keep to your path and follow your gole's..... thank's for reading and stay awesome...✌

@GNelke Год назад

Good job!

@LifeofKairo 3 года назад

Having a side hustle is a great addition to an emergency fund as it is an extra income stream so that you don't have to 100% rely on your pay check

@wed3k 3 года назад

@Rio West mine too, about 3x more per hour but took 10 years to get there

@tonyle4799 3 года назад

Yup. I also find that when you work a lot, you really don’t have time to spend it, also.

@LifeofKairo 3 года назад

@@tonyle4799 exactly - then it’s even easier to invest it and put that money to work 😆

@LifeofKairo 3 года назад

@Rio West nice going!

@LifeofKairo 3 года назад

@@wed3k you put in the grind and are now reaping the rewards - congrats!

@Thraka5 3 года назад

Dude THis NEEDS To be taught In School Starting in Middle school and every year a refresher course. This kind of information needs to be taught and reinforced. I don't know how many times i spent reading poems and learning History only for all that information you slowly forget and have to go back and look up. However financial education you will use everyday when you start working so once taught and reinforced you will continue to use it. I can't even begin to tell you how to do Trig. I have not used it in 15 years. A lot of use i got out of that time spent on that.

@walking_introvert 3 года назад

I think it's by design. The lobbyists who control the government would have a cow if people were taught not to be in debt to credit cards, loans, and mindless spending. We are just future dollar signs in our young age to big corporations. It would be interesting to see how curriculum really is decided. I still think an economic system that requires increasing GDP is bound to fail eventually. Imagine if everyone became minimalists, and at some point most will be forced into minimalism with the shrinking of jobs from automation and AI. A new system will replace the old and I'm afraid it will be painful.

@Roadtobitcion 3 года назад

They don't want you winning

@troychampion 3 года назад

It used to be taught in schools, it was called Home Economics class.... sad thing is liberals took over our school system with their teacher's unions and they push what is to be taught in schools.. they got rid of CIVICS which teaches you how the government works and they got rid of Home Economics. The two most important classes taught in schools to Americans in my opinion. Home ec also taught you how to balance your checkbook and buy and make foods at home that were inexpensive.

@MaJeSTiCz0 3 года назад

It won't

@scuffy1902 3 года назад

@Rich Seven where can I find this information

@stjepanhauser7595 Год назад

"From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

@mathebulamkhize876 Год назад

Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

@shellyfernander6144 3 года назад

Can’t get them needs and wants mixed up. 2020 taught us all this lesson

@traceycolvin0504 3 года назад

Maybe not everyone. I still see people purchasing vehicle's and buying new items.

@KatrinaVXO 3 года назад

Just organized my shopping list on Amazon last night I have 2 folders, needs and want. Lol

@rathelmmc3194 3 года назад

That’s what people said after 2008. Nothing will change...

@rp6635 3 года назад

@@rathelmmc3194 a few people will heed the warning!!

@whatever41421 3 года назад

I always suggest having your emergency fund with a separate bank as well- it's not necessary of course but I find personally it helps with impulse control as its slightly harder to get to

@DAV_B Год назад

I appreciate you for sharing such video with good content here and i will keep following you because you're the best

@DAV_B Год назад

Do you read as much as possible about potential investments and asks questions about them? If so, maybe you don't need investment advice. However, if you are busy with work, children, or other responsibilities, or if you feel that you are not knowledgeable enough to invest on your own, seek professional investment advice.

@kk_G2 Год назад

Some financial planners and investment advisors offer a comprehensive financial plan that evaluates all aspects of your financial life and develops a detailed strategy to achieve your financial goals.

@DAV_B Год назад

Remember, there is no such thing as a free lunch. If professional financial advisors work for you, their efforts will pay off. Some of your possibilities are easier to see right away than others. However, in any case, always feel free to ask your investment professional how and how much is paid out. Happy to meet Sherman Williams Trading, an expert I saw at a seminar and my life has changed since then.

@Bella.Grasso Год назад

I had a huge smile on my face when i saw this comment here. I've made a lot of profits from him since I started investing with him. I am living proof that Sherman Williams Trading is good....

@sophiahermann Год назад

Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.

@AlexanderShapaka-jv4wh Год назад

I love how you break things down, I've subscribed

@SidChowdhury88 3 года назад

I am 33, I wish I saw this when I started off working a real job at 23!! Great video!

@puravida5683 3 года назад

I am a wealthy American watching from Costa Rica. I enjoy routinely watching your channel.

@ArmageddonIsHere 3 года назад

Please tell the rest of us what it's like in Costa Rica. And do also tell what the rules are for Americans to visit or to immigrate there.

@nicholasleask1159 3 года назад

@@ArmageddonIsHere Costa Rica is chill, just go there after COVID and feel the Pura Vida vibes. Its almost unnerving how chill they are (coming from NYC) I love it

@D.H.CE_FL 3 года назад

@@ArmageddonIsHere I spend 9 days driving the county and sleeping in hostels in Costa Rica last summer. Beautiful place and some of the most amazing people I've met. Not sure about the immigration part, but visiting is super easy. I was supposed to go again this summer, but that got canceled.

@ct5951 3 года назад

I can't wait to visit! I hear it's beautiful.

@Dustii91 Год назад

Your channel has always been so prominent for me, its great to see you going strong after many years my man.

@ellechanelthesimer2927 6 месяцев назад

This was hands down the best video I’ve watched this year about finances!!! Serious God Bless you for this! ❤

@romaromes 3 года назад

The Minority Mindset out here helping regular folks get to a point where they don't have to worry about the extra guac while schools don't even teach about saving. Epic.

@sumoneiskool 3 года назад

This is what Millennials needed. I listen to him and Dave Ramsey!

@mikep4869 3 года назад

I agree. But the starting point always seems to be when you are in debt and trying to claw out of it. The focus should be on the day you start your first job.

@luney3232 3 года назад

14:23 😂 the wants that you want !!!😆

@lauriet5987 3 года назад

I listened to Clark Howard when he was on the radio "back in the day". He had same/similar content (not sure about his RU-vid channel or website... but his radio program was awesome).

@jdkoz98 3 года назад

Dave Ramsey is a twot

@acajudi100 3 года назад

Investigate on your own, and help non beggars help themselves. Never be GREEDY!

@ddomotor66 2 месяца назад

Thank you so good!

@rosschadwick5123 2 года назад

Common sense explained in simple everyday language, loving your videos, ''needs and wants'' that sums up everything, so much sensationalistic financial information out there, most of it doesn't happen, .... Jaspreet you make total sense in a world where everyone is telling you to do this and that, you don't try and say ''hey i can make you 15% dividend yield'', or promise anything.... just good financial steady advice....... wish i had known this years ago !!!

@jonathonlove9597 3 года назад

I wish you were my dad. I needed you 15 years ago. Still plenty of time for me though. Going to be financially better from here on out, thanks to you.

@rodOqLb 3 года назад

The part about knowing the difference between needs and wants was spot on!!! So many people will never grasp the concept of living below their means

@ashura355 Год назад

But at the same time you still need to feed some of your wants, otherwise why would you live?

@Baiswith Год назад

@@ashura355 That's where the budget comes in - for me at least

@deinashipley7968 11 месяцев назад

My ten year old brought this from school. We talked about wants or needs now when we go shopping we discuss a want or a need. Want usually loses.

@marknesstorres276 9 месяцев назад

Amen

@iamchrisdammit 3 года назад

I love the simplicity. Great teacher for sure

@slimv2010 Год назад

You are truly a gem and hilarious 😂 everything you said is definitely true, I've done that plenty of times where I was buying a scrub set that I don't need, then the cashier has a nasty attitude and in my head I'm like nah I don't need this and I say you know what I'm ok thanks anyway is definitely a smart move. I have a great start this year to financial wealth and thanks to you I see I'm doing all the right things, and now I've added more to my mental, thanks smart guy 🙏😊

@LifeofKairo 3 года назад

*Paying a liquor store owner AND NOT even getting any liquor*

@audreyandriana1968 3 года назад

I pray whoever reads this will be successful, keep fighting for success, the rich stay rich by spending like the poor and investing why the poor stay poor be spending like the rich yet not investing, Roar!! Invest, earn and be successful.

@repliedbajapanesewithhanak6676 3 года назад

Having a stable investment package keeps you financially stable!

@admin3427 3 года назад

@AnonymousBuster Sunshine the stock market is a vast platform to invest in. It's very profitable especially when you've got a trusted professional to assist you

@wilsonfred7863 3 года назад

I'm interested in this stock market but I don't know how to come about it . Any advice ??

@helenegrey2441 3 года назад

I've got over £100k to invest in cause a lot of my friends are benefiting greatly from stock market and I want to convert my account to millions

@savannahximena3349 3 года назад

I strongly believe that investing is key in any man's life

@mercurystarr 2 месяца назад

Excellent thanks brother!!👀🎯🎉

@obaidhashmiy 2 года назад

Thank you Jaspreet!

@alwynjohn-thesimpleinvesto4730 3 года назад

Love the content, keep it up!!

@kevinjohnstone4023 3 года назад

To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make more wealth.

@vargaskenneth8837 3 года назад

What if you don't know how to trade any of these? I mean, I see your point. Some people have the money and are willing to invest. But the problem is where to invest?

@jakethompson8737 3 года назад

@@vargaskenneth8837 I suggest you consult a licensed professional who will guide you through the rough markets. As a rookie i started off my investment with Freda Lynn Johnson and my profits has been assured.

@driftgod7894 3 года назад

With President Biden promise of creating the best stock market in almost 100 years, Investing now should be a wise move.

@vargaskenneth8837 3 года назад

@@jakethompson8737 I just looked up Ms Freda on google and researched her accreditation. She seem very proficient and pretty genuine to me. I have contacted her and expecting to hear what she has to say about my situation. Thank you

@mithshude 3 года назад

@@vargaskenneth8837 that's why investments don't have to be specific, investing can also be to buy study material or such to learn about investing/real estate/etc. basically investing in yourself

@Jadedgrace333 5 месяцев назад

You broke that down very easy to comprehend Ty

@navarrobandolero3460 Год назад

This is amazing, I am glad I found this. I am 18 years old trying to gain wealth and this video is by far the most informative and educational video out of everybody els. Really wish this was taught when I was in high school!!!

@johnriley8761 3 года назад

I am 53 years old. I have a BS in Business. I have been the biggest knuckle head in the history of the world when it comes to money. I have a ton of regrets now. It was never ignorance. I just never cared and really made a miss of things financially. I think what you’re doing is really great keep it up man. Some how after finishing my MSW at 53 I am needing to undo all the damage I have done financially. I am going to keep watching your videos and do the right thing from here on out... Thanks again.

@Munce72 Год назад

@John Riley I did the same thing, John. Read "Rich Dad, Poor Dad" by Robert Kiyosaki(sp). That book opened my eyes to what I was doing wrong. On on the right track now with Robert & Jaspreet!!

@binafina2823 3 года назад

You are the best ! And I appreciate all the hard work you and your team do ... to educate so many of us! Keep up the good work

@Ezmoneyash Год назад

I did not expect to watch this entire video however it was so captivating the way the speaker explained the wealth plan!

@jorgeluna5875 Год назад

You’re the man bro I try and try and idk what to do until I saw this and I am doing this ASAP. Thank you. You’re the best I appreciate you’re insight into my journey to being financially stable

@Je.rone_ 3 года назад

If you don't have children saving money is sooooooo easy that you almost have to try to not have saving

@MikeDoesRandomThings 3 года назад

Beauty of being responsible and understanding that in order to provide for your children you must first provide and secure your own future before ever having children.

@sassyblumpkin5437 3 года назад

I have a son and save for his 529. The nice thing in PA is that I can deduct my contributions against my state taxes. The cherry on top is that if he decides to go to school in PA, the PA 529 doesn't count as income for him and he could still qualify for grants.

@ilovenyc2129 3 года назад

Agreed. Pre kids i saved enough for an emergency fund and vacation.

@UlexiteTVStoneLexite 3 года назад

And that is why we don't plan on having kids. I'd rather have money.

@UlexiteTVStoneLexite 3 года назад

@@MikeDoesRandomThings and that's another reason why we don't have kids yet. although we probably won't at all.

@cbrumigin4107 Год назад

The most practical and helpful financial advice video I've come across to date. Thank God for you sir 🙏

@busizweduba6348 8 месяцев назад

First money management video that leaves me feeling empowered not overwhelmed.

@mikeb2737 Год назад

I listen to you when you are on Jordan Harbinger and it is so good. Both of you are great minds who improve us all. Thank you for all of your great wisdom.

@copypaste_pro 11 месяцев назад

I am already doing all of this… 🥰 good to know I’m on the right path

@michaelgraham19871 8 месяцев назад

Impressive, i made $500k from multiple income streams with the help of my FA Olivia Rene Reyes, i hope this inspires someone to stop slacking off and save to invest for early retirement. Personally, i'd rather be in hawaii living off dividends with my husband than working the rest of my life when i could have invested in long term high yield etf's, as for me i have personal stake in APPL, TSLA, NVDA along with ABBV and KO when i focus on dividends. Goodluck

@godfreymashale9323 8 месяцев назад

i honestly feel we should really be looking at index funds that are long term and wouldn't do so much damage, always play it safe guys especially if you don't have an FA

@Lorre386 8 месяцев назад

i'm happy there are lots of people doing so well. Love this channel for the transparency

@JosephineGaule 8 месяцев назад

She really seems to know her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

@stephmeldrich6765 8 месяцев назад

can i start with $30k?

@billcresta 8 месяцев назад

would also love to start, been meaning to get into this for a while but now that i've found a clear way to do it, i guess i'll just give your Fa to invest for me. Thanks for the tip

@dimelo58 Год назад

I would add building your credit and paying with your credit card instead of your debit and paying your card off on time monthly, you get a percentage back on certain purchases and credit has become really important

@TelegOriginal_Nathan_Nazareth6 Год назад

Chat me up ☝️☝️☝️.

@wadeadpool4796 11 месяцев назад

On step 5 I had to press pause. I’ve been doing every . single . thing you’ve mentioned for about a couple years now. I just found your channel today. And without knowledge of him he is 100000% accurate and telling the truth. My credit score is way better a few points away from 700 I’ve paid all my payments on time for 2 years straight!! Please listen if you are in need of financial literacy. Growing up in a minority household has it’s pros and cons this being a major con. We can still make it! ✌🏽…continue video plz

@alwynjohn-thesimpleinvesto4730 3 года назад

15% investment of your paycheck should like you said all be automated so you do not need to think about it. Paying down debt exactly is the best way to get a guaranteed return. The debt snowball is the best psychological way to handle debt, most people should use it unless you have lots of self-discipline to pay down and not eliminate debts that quickly. I agree cash does need to be stashed aside but this is very tempting to use. But if you keep it in another account as stated that huge. When you see an opportunity just drop the cash!

@nickdoyle-achievefinancial2464 3 года назад

Good advice. I'm now at the point where I am buying back more time! it's nice to be able to do so without affecting my financial goals.

@dilpreetsekhon8219 Год назад

Jaspreet, I freaking love you. I needed this, especially the need/want lecture. That Starbucks thing hit hard. Newly subbed.

@Diety30 Месяц назад

Great content

@v3ck1n 3 года назад

I try to watch all of your videos twice and I always pay attention to what you're saying. You're very smart and you put your information freely available in simple terms. I appreciate this a lot. I've been working hard just to save any money and not spend it. If I can build a foundation of wealth I will be set because I have no debt to my name. I need to work like 2 jobs and 3 side hustles just to survive but I'm doing it. And I watch all your videos twice. I'm so glad I found your channel!!!

@daumienebi Год назад

How is it going mann??

@peter8488 3 года назад

Honestly this is some very solid advice, I'm literally at the step where I have money saved but not $2000 and I was gonna take this entire paycheck and pay down my high interest card, I'll wait, need that cushion.

@saucedatti5241 4 месяца назад

You've become my favorite teacher on RU-vid. Thank you for your knowledge and ability to teach it.

@kenosis1 8 месяцев назад

You’re doing a great job homie, keep up the good work!

@jensenmd82 3 года назад

I just recently discovered this channel. I have been so bad with my money in the past, and I cannot wait to start doing this. Thank you Jaspreet and everyone at Minority Mindset.

@kennedyking2480 3 года назад

glad I came across your channel I can finally start helping out my mom!

@goldrosexox4579 3 года назад

This is awesome!! Your mom is lucky

@DanBelsky_Health_Money_Love 5 месяцев назад

Thank you so $$!

@ESLTeacherTom Год назад

Thank you. Good ideas!

@MrLucrativethought 3 года назад

I love the 24 hour rule bro. Hahah it made me laugh cause we are all like that. Thank you so much for this video. Sometimes when I wait, I don’t care about the item or it revisits me weeks later. So I save money at that time!

@ElderBobcat 3 года назад

Everyone needs to see this working in highschool/college so they can mitigate all future debts to go straight to investing

@actechchris 10 месяцев назад

Amazing content. First time viewer and by accident. Instant like and Sub!

@aaronhopkins6697 2 года назад

Want's and Needs. ABSOLUTELY PERFECT !!!

@SayPennita 3 года назад

I really enjoy your videos and like the fact that you acknowledge common traps. It makes it clear that you understand and emphasize WHY people fall behind when educating how to succeed. Love it!

@naelueplays1047 3 года назад

I started investing when I was 17 now I’m 21 almost 22 I invest like 50% of my paycheck and save money. I mostly invest in the stock market and now I’ve been buying bonds and Saving in my savings account

@Mrs_Chiques 5 месяцев назад

Brilliant ❤ thank you for this wisdom, I’ll be sharing this with my kids

@brennismuttilainen8198 Год назад

Awesome Video! Keep it up

@305flguy Год назад

Really appreciate this. I've been having financial trouble for awhile now and am a single father. This video really helped me understand my financial situation better and helped me figure out what i need to do.

@kmydesire12 7 месяцев назад

He makes this information so easy to understand. I’m telling you when you have kids it’s hard when you don’t know where the money will come from. I’ve cut back drastically by buying a water filter and making coffee any home. Every little bit helps

@CHiGotsauce Год назад

Just back here to say this video shows be included in highschool or even university curriculum. This video is a gem.

@Telegraph..Singh_Admin..0 Год назад

Chat me up 👆👆👆..

@williebeaminiv1928 Год назад

OMG! DPS IN THE HOUSE! Now I’m following! ✊🏾

@jdubbfps Год назад

Great video with clear and consice advice and information! I subscribed and plan to watch even more! Thank you so much!

@cm9859 Год назад

I agree 👍 excellent common sense financial advice. These steps should be taught in schools. Since so many married couples have financial stress due to bad money habits. Prior to getting married, young couples should be required to hear money management video or course.

@portersprojects3516 Год назад

Hi I really enjoy your financial literacy videos and have learned a lot in a short amount of time. I was wondering if you could do a video on the best way to keep more of your money when you have a higher income. It seems like the more you make, the more taxes you end up owing. Any ideas or suggestions on dealing with tax debt would be greatly appreciated. Thank you for the work that you do.

@ARCT3CH Год назад

Thank you so much!!

@ghoulronk 5 месяцев назад

A gentle presentation. Thank you.

@gearhead1308 3 года назад

Thanks brother, you are teaching what every parent should teach their child!

@marknesstorres276 9 месяцев назад

Absolutely

@alwynjohn-thesimpleinvesto4730 3 года назад

Payday loans are just ridiculous you must have an emergency fund otherwise it can be very dangerous getting into a big trap. I would say 6-8 months of your expenses as an emergency fund at least for the bare necessities.Paying down high income debt seems like it doesn't make you money but indirectly it does. High interest could be up to 20% this return can never be reached in the market consistently for majority of people.

@navighuman4037 3 года назад

Payday loans in certain states are no more than $300.did you know that people pay more to banks in insufficient funds than they do to payday loans. Payday loans are for emergencies only... not to survive week to week. Borrow and payback right away. Again only for emergencies...

@user-ow3wj7hp6k 3 месяца назад

This is very informative

@julienalexander6113 Год назад

So glad i found this

@atifbutt8892 3 года назад

As always, excellent financial material & tips. Thanks Jaspareet for your commitment in educating us. I really enjoy watching your videos. Keep up the great work! 👍🏼😀