How I Went From Broke To Millionaire In 3 Steps | George Kamel x 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.

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9 сен 2024

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Комментарии : 159

@MinorityMindset 6 месяцев назад

Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet 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!

@GeorgeKamel 5 месяцев назад

Such an honor to talk with you, my friend! Thanks for helping me spread the debt-free message.

@JUANGARCIA-bs6ev 5 месяцев назад

I listen to the Ramsey show everyday at 3pm Chicago time😂 keep up the good work George 👍🏽

@sultanafsar8963 5 месяцев назад

Are you a Muslim George??

@GeorgeKamel 5 месяцев назад

@@sultanafsar8963 I am not. I'm a Christian.

@travelnurseadventures3225 5 месяцев назад

love the collabs!!!! Been a subscriber for MM and GK and have learned a lot and have improved a lot! Thank you

@raymondrico7498 5 месяцев назад

The third point's math ain't mathin. No matter the nest egg, 8% a year will run it to the ground.

@wesleynichols5676 5 месяцев назад

Jaspree said it best as to the people on social media. "Are they actually affording it??? Well said sir.

@LibreDeudas 6 месяцев назад

Georgeeee!! His book is amazing!!! Recommend it 100% to everyone!! I’m serious!! 🙏🏼

@ericaterrones16 6 месяцев назад

Loved George’s book!!

@beautynj 6 месяцев назад

In the Journey is where the real wealth is built! Well said.

@Tarun.694 6 месяцев назад

Not a single disagreement with kamel! This collab was 🔥 thanks for introducing me to George! Im a Chartered accountant, plus from a business family. Having seen my family build brick by brick to where we are, frugality was never lost on me, and the cost benefit equation is always present. Have never swiped a credit card in my life, and never intend to. Life is just simpler that way, plus it helps if you know the games rigged. My investment guru is my uncle who’s taught me all you need is patience and discipline with investing and you will get your reward. No unnecessary risks, keep adding to your corpus and ensure youre beating inflation+taxes on earnings, and you're gold. Thanks for this one Jazz! Loved it!

@72803kk 6 месяцев назад

This is by far the one of the best financial videos I ever seen . I'm in the beginning of my financial journey , it gives me so much motivation . George makes you feel if I can do it, so can you . I follow minority mindset, I'm learning so much and educating my students thank you

@alphamaletony8899 5 месяцев назад

Namaste found you from your interview with George Kamel...and out for Tea....am a Tea drinker No Milk or sugar. and am a Ramsey fan for yrs..nice to meet ya mate.

@good_guy_of_guit Месяц назад

I’m living in Canada, just bought George’s book.. oh wow!!! go get it. It's transformative and bring big peace in my soul. 😇😇😇

@beautynj 6 месяцев назад

Just finished the whole thing. George is inspirational and as I listen to him I just love what he says about Dave what a legacy!!

@Charlesyo_ 6 месяцев назад

Love George and love this conversation with you two!

@freedomring3022 6 месяцев назад

George's collabs are off the charts!

@catseyes8377 6 месяцев назад

Soo happy to see george kamel here. He's my favourite

@Helena-ou8ry 6 месяцев назад

I just paid $400 in groceries with $20 notes 😢 yep it hurts.

@doomy_doomy2225 6 месяцев назад

Gotta meal prep. You ain't grocery shopping right for sure. Do you freeze lunch meat? Do you only buy the snacks you want when they are on sale? How much what you bought was bull s**t.

@anemiapwns1 5 месяцев назад

rice and beans exist

@Thejobbooks 6 месяцев назад

Congratulations guys, both are awesome!

@erickisel8668 6 месяцев назад

@Minority Mindset: This was a great episode, thank you!

@BrianKissig 6 месяцев назад

I'm really glad you brought up the credit card points. I've found the rewards so beneficial to me. I used it for just my everyday expenses and I got to fly home to see family for holidays for free this year and it was so gratifying.

@nchen09 4 месяца назад

I get where Ramsey and Co are coming from, but I use credit cards all the time too and pay them off. You get free money to use them so why wouldn't you?

@MorrisBarrier 5 месяцев назад

I love that you are collaborating with Dave Ramsey personalities! I love both you and Ramsey and the advice you offer.

@pablorpm 6 месяцев назад

Great collab and great video! I can only take small doses of Dave but George is a such a new twist on the Ramsey brand. Love both your philosophies and such mutual respect even though there are differences. This is why I follow! "I'd scrub the toilets to be working for either of your brands"

@pablorpm 6 месяцев назад

Also I'd love to see a video of "what's in Jaspreet's wallet". I'm a nerd in the CC game and always interested.

@MrTonyJ 6 месяцев назад

I woke up and read this as “in debt to millionaire” and I was like aren’t most people in debt to millionaires?

@isiah675 6 месяцев назад

Nah in debt to the billionaires

@abcdefg216 6 месяцев назад

😂😂😂😂👍👌👌👌 Cleverly said! 😃

@ericaterrones16 6 месяцев назад

😂😂

@leadersofthenewsouth 5 месяцев назад

😂

@truejohnson9718 5 месяцев назад

Billionaires and millionaires

@SalviAkshay 6 месяцев назад

Kamel Kamel Kamel!!! Jaspreet Jaspreet Jaspreet!!

@GOATED1973 6 месяцев назад

Such a fun video to listen to while walking on lunch break.

@getinthespace7715 6 месяцев назад

Of all the Ramsey folks, I like George Kamel, Jade Warshaw, John Melone and Rachel Cruze Some of them just sound like corporate propagandists.

@fkillah 2 месяца назад

you listed every Ramsey personality except for one 🤣

@michelledschwab 6 месяцев назад

Love this. So great you had George on. Such brilliant wise words!

@stephanieb5 6 месяцев назад

Love George!

@sidehustlevikki1066 6 месяцев назад

Love how yall collaborated! I watched his video with you last week

@DetBull 6 месяцев назад

People with self discipline should use credit cards

@karmenwashington2760 6 месяцев назад

Omggg SO GLAD I FOUND YOUR CHANNEL!!!❤

@TonyDaExpert 5 месяцев назад

Who here built different and does not overspend on their credit, pays it off every month in full, and is not influenced by it to spend more money. I think it’s a self control issue. I just take the security and points, everything is set to be done automatically I don’t think about the rewards or how to get every point.

@AlexT2048 6 месяцев назад

My former boss used to pay all the amazon and ebays fees with credit card because they allowed it, and at the end he had enough points to fly for free.

@tysonpendergast8648 5 месяцев назад

Love this episode. I was waiting patiently for you to say something about credit cards! Loved it. I listen to dave ramseys show as well as robert.k and afew others! Never to old to learn and change your ways. Expand your minds. Take the path and find your own way to freedom

@UraniumAtom 6 месяцев назад

90% of my wallet is points cards. I've got one credit card for gas since you get way more points doing that in Canada, one debit card and license.

@monicamolina2221 5 месяцев назад

I absolutely loved the wedding conversation. The note that took me by shock was the notion jaspreet started saving for his own wedding even before meeting his future wife. He already knew and put it in his savings budget. Why is this not a common thought for women. We are usually the ones who push for a fancy wedding.

@do-ray-me 6 месяцев назад

Two of my favorite guys 🎉🎉🎉 yess loving this

@alexarnold3117 5 месяцев назад

I’m coming from the Ramsey mindset and I love the similarities between the two platforms. Glad to find another source of financial advice that aligns with my personal beliefs. Got a new subscriber

@ericpass9749 6 месяцев назад

Thank you for this content! PRICELESS information!

@pkar6277 5 месяцев назад

Any comment about effect of fin reset on stock market?

@UnscriptedlifeofNavdeep 6 месяцев назад

U r amazing ❤ love to watch and implement what u say

@carolannstevens5814 5 месяцев назад

George and Jaspreet!!! My favorites!!! Love you both!!! Don’t own a credit card ever! Love the way George explained it! That is why I never own CC. I never owe anyone anything!

@mannya_realtor 6 месяцев назад

I would argue that you putting money into the 529 on your child’s behalf is essentially giving them an allowance that they are 100% investing.

@theclown888 5 месяцев назад

Seems like a big leap.

@BlessingAdachukwu 5 месяцев назад

I must be successful this year. I must keep learning till I figure it out myself

@perfectlymprfct 5 месяцев назад

Great conversation!❤

@davincibrode7024 5 месяцев назад

Geoooorrgggeeeee. Amazing book, financial and spiritual gems throughout

@ShawnPatton-rm2hv 6 месяцев назад

If we talk about risk and reward for investing in ETFs, mutual funds, stocks, why is it not reasonable for the amount of time and energy that is spent at work for possible advancements/raises?

@Arnold001-1 5 месяцев назад

Great episode. Very down to earth and relatable.

@Vdeepak2011 6 месяцев назад

Love your socks , Jas 👏👏😁 Love you both !

@lynny7868 4 месяца назад

Amazing interview as always

@whatworksforme5749 5 месяцев назад

30:42 Using a debit card is the dumbest thing you can do. Just carrying it is dangerous because of technology these days. If you’re disciplined enough you should be using a credit card. As long as you pay it off immediately then you’re good. The BIGGEST REASON TO NOT CARRY A CC IS LIABILITY AND EXPOSURE. if you are a victim of having your cc stolen you have a better chance of fighting that. If someone gets ahold of your debit card then they potentially have direct access to your money and good luck fighting that.

@mcklyne 5 месяцев назад

Agree! Debit card is dangerous

@tonycoffee7335 6 месяцев назад

The long game.

@PVLocalFirst 5 месяцев назад

Thank you for the video, one thing I'd like to mention is how the words economy and ecology have the same Latin root word, eco, basically translating to home. To me, this shows that to have a healthy home, both our actual home and the the planet as well, we need solutions that are both economically AND environmentally intelligent. With this in mind, the Federal tax credit for Solar PV and solar hot water panels is 30%.

@veronicahoyos-leonard2459 Месяц назад

I live with out electricity, drive a 2014 Prius and work 60 hours a week. But every week my money goes into expenses. I can barely put 10% in my savings. Saying you can become a millionaire is not real life.

@PeterParker-wj3cr 6 месяцев назад

I think a lot of people (The middle class) have the mindset of. What's the point of investing if i can't touch the money now. What's the point of having money if i can't spend it now. You have to be a long term thinker in order to understand the power of compounding/investing! Which is probably why most are more intrigued with day trading. Because its instant gratification. Well if you're good at it.

@andrewsusen3154 5 месяцев назад

Build a mattress to put your worries to rest, put in the work to fill the hole, plant and water your seed, then finally live off of your money tree. Think of the fruit it produces as interest. Those are the three steps in a nutshell.

@Antoniofitness1 8 дней назад

Is it a thousand dollars in US or any country

@user-li2vl4yd1x 5 месяцев назад

I love you both. What a great conversation.

@mansamusa2000 6 месяцев назад

Hmmm...but he is not giving that advice to people that go to ivy league schools and get internships at big companies and get recruited to work at said big companies..originally college was designed as a networking tool to meet people and families to further your career

@RavnerRavner 6 месяцев назад

Maybe ask him what happens if you disagree with Dave Ramsey. You missed an opportunity to ask any real questions.

@bibby3027 6 месяцев назад

u mean pointless questions. how does knowing how dave treats his employees help u budget and make money?

@chriss4365 5 месяцев назад

With things like real-estate at all time highs how can you possible buy a house without debt?

@adammyrick 4 месяца назад

I still am driving my dream car 2009 Honda Fit 🤩

@Silv718 5 месяцев назад

I disagree with George. If I am getting gas, I would rather get a percentage point back instead of nothing. If you can't pay off your card monthly, don't do it. After budgeting and controlling my spending, I have been able to get round trip tickets to Iceland and Italy just through sky miles from purchasing my normal budget needs over the past few years.

@krustybeanz 2 месяца назад

I'm not saying you're wrong either but using your credit card at a gas station will cost you an additional 10¢ to 20¢ more per gallon than if you had used cash to make that same purchase. So the cashback/points you're getting back on your gas purchase isn't as great as you think.

@Emess12 6 месяцев назад

Love your outfit and the socks 😍

@dreameryoung38 5 месяцев назад

So glad my dad never used credit cards,I wouldn't get one until my late 20s and learned about credit so I paid it off in time

@mzwandilembiza4860 5 месяцев назад

M1 is not available here in South Africa 😢

@FoougieTV 5 месяцев назад

Pls timestamp all of your videos. Thanks!

@ajr993 6 месяцев назад

7:35 I think it's all about mentality to answer this question. I would personally be excited to see a 50% drop even if my assets lose half their value. Now I can buy into the market at a massive discount and the market will eventually recover as it has during every other crash. Big market crashes like this turn tens of thousands into hundreds of thousands and hundreds of thousands into millions once the market bounces back. So you shouldn't be afraid of losing money, you should be excited that you have the opportunity to develop real wealth.

@doomy_doomy2225 6 месяцев назад

I do disagree with the debit card. Only thing. Worse advice you can give. You get screwed more on debit with over drafts, no rewards, and the bank will not fight for your money. If you can treat a credit like a debit, stick to credit.

@ingababy5196 6 месяцев назад

You shouldn’t be over drafting on your account.

@timothyknoles976 6 месяцев назад

It's good advice for the majority of people. If you follow a budget, what you use to facilitate the transaction doesn't matter. I use my credit card and am not tempted to overspend but I understand that most people cannot. I trained myself by only using the CC on fixed expenses. It wasn't like I was going to pay more in rent or electricity because I was using my CC to pay the bill.

@doomy_doomy2225 6 месяцев назад

@@ingababy5196 there is the key word shouldn't but majority of Americans do.

@doomy_doomy2225 6 месяцев назад

@@timothyknoles976 that is how it should be. The way you do it. If you would teach that instead of fear the card; then it would be better. Debit is a trap just as much and over draft fees on those are insane. Most banks will let you over spend and will hit you with the over draft feet no problem.

@tigreherrera4488 6 месяцев назад

@@timothyknoles976you're forgetting the cashback rewards. More money in your pocket. Debit cards and cash dont offer that perk

@Alrounderrrr 4 месяца назад

It’s amazing when you ask people how much is your car and they will say biweekly payment number😂😂

@ex-cheeseburger327 5 месяцев назад

LOL, watching this eating rice and beans…

@ingababy5196 6 месяцев назад

We need more people like Dave Ramsey to help people get to Financial Freedom.

@HappyCat1111 6 месяцев назад

There are free universities in Europe taught in English.

@Vdeepak2011 6 месяцев назад

Honestly , I like credit card rewards , even if it’s $50 😅

@soundsnags2001 6 месяцев назад

Love the purple hat, dude looks like a rich merchant from a different era. Super cool!

@leahmcdermott4189 5 месяцев назад

Lol, it’s not a hat, it’s a turban, typically worn for religious reasons.

@soundsnags2001 5 месяцев назад

@@leahmcdermott4189 haha no way, really? What religion requires constant drip?

@leahmcdermott4189 5 месяцев назад

@@soundsnags2001 If you research Sikhism, you will see most Sikhs wear turbans as a part of their religion. Jaspreet is just stylish with it, he has impeccable taste.

@soundsnags2001 5 месяцев назад

@@leahmcdermott4189 he sure does! Thanks for sharing that.

@AdoraWildDreams 5 месяцев назад

@leahmcdermott4189 Thank you for being so nice explaining this. Most people would call this person out for being rude or ignorant and racist- clearly they're just younger and genuinely didn't know. I had to Google what drip meant in slang (stylish!) but I just really enjoyed this interaction of someone not knowing something and just being curious and complimentary while someone else informs them without being rude. So thank you both for making my day and being honest and kind online. You're awesome! And I agree the color really makes it stylish for the win! Even though it's more than just a fashion statement, I don't know much about the religion I just know that the turban is a part of it, doesn't mean you can't also express yourself and look wonderful. ✌🏼

@reaccionapuertorico 6 месяцев назад

Why not put 100% on the S&P and ride it out until retirement?

@MsMaxinejoy 6 месяцев назад

Diversity

@Tarun.694 6 месяцев назад

Lets say the market crashes or theres a considerable downside, and you need to withdraw some funds for some unforeseen reason, you will end up hurting your corpus a lot and it might set you back years on account of rebuilding it. Hence, diversifying is always advisable. Hope this helped

@leahmcdermott4189 5 месяцев назад

Because we don’t know if America will still be on top in 50 years? Putting everything into the S&P will be betting that the American economy will continue growing and thriving. And that might seem like a safe bet, but ultimately you just don’t know. Whereas putting it in an All World tracker or various markets will just give you that bit more of diversity

@reaccionapuertorico 5 месяцев назад

@@MsMaxinejoy isn’t it already diversified?

@quintonclark3721 6 месяцев назад

So debt cards are bad?

@ingababy5196 6 месяцев назад

No CREDIT CARD are.

@WtfReal 5 месяцев назад

That dap on the handshake was spicy

@milenasings 5 месяцев назад

I drive a 2004 car…and we have a great time together! 🎉

@liliarolark5011 6 месяцев назад

What happens to your pinky ?

@theclown888 5 месяцев назад

Enjoyed the conversation, and George seems like a reasonable person, but the culture around the Ramsey personalities feels cult like.

@amireallythatgrumpy6508 5 месяцев назад

You know what else is cult like? The USA!

@questionsanswers1108 6 месяцев назад

Ephesians 3:20-21 20 Now to him who is able to do immeasurably more than all we ask or imagine, according to his power that is at work within us, 21 to him be glory in the church and in Christ Jesus throughout all generations, for ever and ever! Amen. Jesus is coming back!

@theanointingdaniel_ 6 месяцев назад

Yes!!! Also to him who has given you all things pertaining to Life and Godliness

@JohnDoe-so9oy 5 месяцев назад

I strongly fell like these two won’t tip their server when they eat out.

@GeorgeKamel 5 месяцев назад

Wrong. Frugality and generosity aren’t mutually exclusive.

@JohnDoe-so9oy 5 месяцев назад

@@GeorgeKamel I’m talking bout being Syrian & Indian, not part of their culture from experience only a very very few select.

@johnny7121 Месяц назад

I don't know he reached a million networth while married so it doesn't count

@MestizoMoney 5 месяцев назад

Does this guy not think there are third world conditions in the US?

@GLKclothing14 5 месяцев назад

In the first five minutes of this interview it sounds more like someone didn’t tell him the reality about life.

@artt9252 6 месяцев назад

That credit card avoidance is an idea for those that lack discipline. If you have discipline it's a squandered opportunity and then claiming everyone struggles with discipline is foolish... Dave was traumatized by using credit cards and this guy wamts to work with Dave so he's going to placate and appease him...

@justacinnamonbun8658 6 месяцев назад

He should be thankful that he even had the ability to go to college. Many of us didn't and had to go right into the workforce at 16 or 18.

@davidhernandez2239 6 месяцев назад

lol that’s all you got from this?

@vickytuttle7532 6 месяцев назад

I respect you.

@JC-rg2qp 6 месяцев назад

(What ah Victim. 🤣) You’re right, he’s lucky, and the only one who can change his life. Now go back to watching RU-vid/TV, eating McDonald’s, and sacrificing nothing to better your world/life. Things worth having should be easy to get, it’s not fair, so just sulk about it 😉. Best of luck with that.

@gatorjpb 6 месяцев назад

😂

@alexpietsch7997 6 месяцев назад

You mean you were able to invest at the time of your life where the s&p500 can multiply your investments by 100x at retirement age? How fortunate! You should be thankful!

@PedalToTheMetal61888 5 месяцев назад

...Damn Woman TOLD Me i Know You got $$$ $$$ Then She Divorced Me P.S. i Believe They call Them GOLD DIGGERS--''

@timothyriley8995 5 месяцев назад

I always thought George was just another white guy. No clue he's middle eastern

@ggangpae4520 5 месяцев назад

Follow Dave's "advice" by playing it safe with real estate and mutual funds and you'll see your hard-earned devalued dollar get you a whopping $10 in retirement 🤣 Also remember: dave is NOT a financial advisor nor a CPA

@amireallythatgrumpy6508 5 месяцев назад

Also remember: Retiring before the age of 80 is asinine.

@EdwardsNH 6 месяцев назад

Just from the intro... you either picked a crappy major or a crappy college. A good college or university follows all the way through and helps guide you to a job. And picking a good major will give you a LOT of opportunities. This is just FUD

@sipinosapa 6 месяцев назад

If you follow this channel you would see that following that line of getting job is fine if thats what you want to do. But for the minority that wants to be financially free you have to change your mindset. Unfortunately not even our parents can tell us how to get that right because times change. You are now going to college and going thousands of dollars in debt to be average. Not stand out. Average