How To Budget Your Paycheck & Never Worry About Money Again

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  • Опубліковано 1 жов 2022
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КОМЕНТАРІ • 81

  • @MinorityMindset
    @MinorityMindset  Рік тому +9

    Read my FREE Passive Income Guide PDF here: theminoritymindset.com/passiveincomepdf
    WARNING:
    There are many fake accounts impersonating me. I will NEVER ask you to contact me through UA-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!

  • @jfirm101
    @jfirm101 Рік тому +47

    Jaspreet, you are a blessing to our world.

  • @karenscookingkorner
    @karenscookingkorner Рік тому +5

    I just did a budget. Wow eye opening! Yes a pain at first but now before I go to the grocery store I look at it to see how much I can spend.

  • @erickisel8668
    @erickisel8668 Рік тому +12

    @Minority Mindset: Excellent work as usual. This will benefit everyone who watches. I need to have my kids watch and learn. Thank you.

  • @ericheth5218
    @ericheth5218 Рік тому +12

    I do every single thing you just said literally. It’s crazy how much money I have I don’t live paycheck to paycheck. It’s great it’s the best thing you can do. I have a house I have three savings accounts. I have two investments. It’s priceless.

  • @LosAngelesLaura
    @LosAngelesLaura Рік тому +5

    Yes!!!! YES!!!! I needed this!!!!! I love this channel!

  • @plumbingHVAC_sports
    @plumbingHVAC_sports Рік тому +3

    Thank you so much for your help , keep up 💪🏽

  • @AldhairJOyaga
    @AldhairJOyaga Рік тому +3

    I stopped watching your videos for a while since I was having issued to get a single coin, but now that I'm doing better I'm glad I came back.

  • @annasirri87
    @annasirri87 Рік тому +1

    Thank you.
    Keep up with the good work in educating the mass. We appreciate 🙏 your hard work.

  • @SilverBackELTorro
    @SilverBackELTorro Рік тому +2

    Wow. This man is outstanding. Thank you 🙏

  • @lorenguillen3627
    @lorenguillen3627 Рік тому

    Wow one of my favorite videos of you!!! Thank you!

  • @jerryconner5959
    @jerryconner5959 Рік тому +1

    Thank you for all your hard work bringing this information and knowledge to the masses

  • @whitneylynnae3161
    @whitneylynnae3161 Рік тому

    Thank you Minority mindset❤

  • @DeborahCaldwell77
    @DeborahCaldwell77 Рік тому

    So the best when you present this complete explanation

  • @theenlightenedintrovertron9181

    Thanks for the info

  • @bryancabral
    @bryancabral Рік тому

    I bought your climb to wealth course.. ive been implementing these strategies

  • @tntfyah
    @tntfyah Рік тому

    What are some recommend sites that you use or know of to do research on companies and to see if they are at a good price?

  • @kshetrimayumjitkumar5833
    @kshetrimayumjitkumar5833 Рік тому

    Great mentor 👍

  • @mrg9401
    @mrg9401 Рік тому

    Let’s gooo! Keep hustlin!! Budget and invest!! I watch all of jaspreet videos subscribe and follow all of his videos

  • @linz7802
    @linz7802 Рік тому

    Thank you for these videos!! I do this every paycheck I get. Question I have tho, the Savings account is for emergencies and then the rest is to be invested. Should there be another Savings account for bigger ticket things that aren’t emergencies that need to be bought? IE: work done to the house, new appliances, a car if needed… where should that money be stashed? Thanks!!

  • @zivmiyo
    @zivmiyo Рік тому

    I like this video, would you mind share the strategy for self-employee who only sweet-withdraw from his/her own LLC?

  • @farah5804
    @farah5804 Рік тому +1

    This is financial wisdom

  • @annycoen4461
    @annycoen4461 Рік тому

    Should I open a save accts with the same bank? or create another acct in another bank for the saving and investing

  • @JamesDuckettAuthor
    @JamesDuckettAuthor Рік тому +1

    Automation hack: If you have direct deposit from your with, you can often split it between multiple accounts. Mine will either do a specific dollar amount or you can do a percentage of the check. Either way, it doesn't touch your spending account and tempting you.

  • @thebes56
    @thebes56 Рік тому +3

    I have gotten to where I hate spending money. I want to put as much as I can in dividend and others stocks. Every time money is spent, I think of how I could have invested it instead.....

  • @steffli6722
    @steffli6722 Рік тому

    Thank you for all is financial advice . I had one question, looking at the stock market these days , is it still advisable to put money towards stock investment? Please do reply. I really am struggling to make that decision. Thank you again for all the wealth of your knowledge.

    • @cius2112
      @cius2112 Рік тому +2

      Its the best time to invest, youll get some real deals.

  • @tracyannjohnson5724
    @tracyannjohnson5724 Рік тому +1

    I love your colorful turbans💕💕💕
    Shukria for making me smile 😊

  • @avajones2944
    @avajones2944 Рік тому +2

    *It's always good to hear your perspective*
    I currently make$105,000/year. No home or lnvestments and the job is in California as I work from home. I need to do something quick or else I’m going to be paying thousands to the IRS come tax season. What can I do?

    • @avajones2944
      @avajones2944 Рік тому

      Thanks for this piece of advice. if you don't mind how can I get in touch with your Financial professional? really need help with my finances.

    • @ashleywalker2539
      @ashleywalker2539 Рік тому

      Olivia is the best in this space, I'm happy to come across these recommendations. I have worked with her and I am impressed with the thoroughness and professionalism of the investment diligence packages she provides

  • @cw48494
    @cw48494 Рік тому

    I’ve done this for years, except my income is split with direct deposit. I do my finances bi-annually when equal-payments adjust.

  • @robbygirl2019
    @robbygirl2019 Рік тому

    Preach

  • @andreasleonard0
    @andreasleonard0 Рік тому +42

    My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

    • @ardeand
      @ardeand Рік тому

      @@shawcohbam Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months

    • @ardeand
      @ardeand Рік тому

      @@jacobelord Isabel Linda Dueri

    • @kevsmills
      @kevsmills Рік тому

      @@ardeand saw her on google

    • @Isaacmeide
      @Isaacmeide Рік тому

      @@ardeand Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.

  • @atozanna_
    @atozanna_ Рік тому

    Can I cause the credit card to make a system like that?

  • @buggie0324
    @buggie0324 Рік тому

    I think I saw you in Penn Station nyc Friday sep 30

  • @OlasunkanmiAdeniyi455
    @OlasunkanmiAdeniyi455 Рік тому +3

    Nice one ... Thank you

  • @lesleyannroberts4301
    @lesleyannroberts4301 Рік тому

    I'm not sure how I got here.....but I like it!!!!

  • @pinch857
    @pinch857 Рік тому

    thank you for the priceless info. can you do a video on after you've done the 75/15/10 rule how do you distribute the profits from the investments? like what percent goes back into investments and how much into savings and do i take some for spending? Also does the profits go towards a business and do you do the same rule with that income? I’m stuck at this part and it would really help, thanx.

  • @erickisel8668
    @erickisel8668 Рік тому

    @Minority Mindset: does 50/30/20 still apply to those still in school and what not?

  • @amvic207
    @amvic207 Рік тому +3

    keep hustling...

  • @bobwilliams4250
    @bobwilliams4250 Рік тому

    Jaspreet Ramsey

  • @erickisel8668
    @erickisel8668 Рік тому +5

    A lot of scam replies to our comments… beware folks

  • @Ballerism
    @Ballerism 7 місяців тому

    I don’t understand why we can’t just use one account, just make notes before you get your pay and stick to it.

  • @matthewdaniels7691
    @matthewdaniels7691 Рік тому

    NBA Young Boy

  • @CaedenV
    @CaedenV Рік тому

    But is the growth fun? Lol
    Because I started a little bit in investing 5 years ago, and as I have put more and more in, the markets keep going down further lol. Thankfully we had other stuff going on at the top of the market, so we are about flat rather than waaaay down, so we haven't lost much money... But we have yet to see the growth side of this yet.
    I just keep telling myself, this is a long term plan. The next 5 years should be a bit better than the last 5. And the next 20 years should be much better than the last 5!

  • @Ankur71284
    @Ankur71284 Рік тому

    When everyone say invest 15% of your income but I already do 20% of household income in 401k do I need to invest more then that ?

    • @wizofsorts
      @wizofsorts Рік тому +1

      I'd only 401 what they matched. The other I would invest in my own IRA or whatever.

  • @ernieg
    @ernieg Рік тому

    Young boy

  • @rebeccalankford9810
    @rebeccalankford9810 Рік тому

    75 percent live off of.
    25 percent left
    To save and invest
    Savings is for emergency fund.
    Once emergency fund is funded then put those monies into investing.
    Increase earning power
    Side hustle
    Control spending and impulse buying
    Meal plan
    Take food and drink with you.
    Host a brunch, lunch or dinner and rotate between friends and family.
    At home, park or each other's homes.

  • @cinnamonstafford2171
    @cinnamonstafford2171 Рік тому

    If you are making 30% contributions to 401k - is that counting as the 15%

  • @KulwinderSingh-hm7zi
    @KulwinderSingh-hm7zi Рік тому

    Sat siri Akal ji!

  • @A.M.DTheFam
    @A.M.DTheFam Рік тому +1

    Aye first comment for the first time ever greatness

  • @JoshuaKevinPerry
    @JoshuaKevinPerry Рік тому

    I'm 39, now make 93k a year, have 13k in debt, own no home, have 5k in bank. Should I start investing now?

    • @yugladania1347
      @yugladania1347 Рік тому

      Still have enough time for retirement. If you start investing $1000 per month for next 15 years with 7% rate of return, You will be having around $300k when you will be 54 :)

  • @malinoisnation9392
    @malinoisnation9392 Рік тому

    Why 10% saving? After u have 3-6 months of bills shouldn’t you be investing more?😊

    • @Paul_Sullivan
      @Paul_Sullivan Рік тому

      After emergency fund invest 25 percent

  • @Blackplumber333
    @Blackplumber333 Рік тому

    I had multiple accounts and it wasn't worth it because you get charged for every one.

  • @FinancialShinanigan
    @FinancialShinanigan Рік тому +2

    Every paycheck, I invest into my Roth IRA, some into savings, spend the rest in that order

  • @787blah
    @787blah Рік тому +1

    NBA minority mindset

  • @ronaldhuff635
    @ronaldhuff635 Рік тому +1

    know how to budget with ONE bank account, always did WELL until biden took office,

  • @Mikesorrento3344
    @Mikesorrento3344 Рік тому +1

    Only Real Estate, land, gold, silver, and other select tangibles will hold value going forward. Fed is having an emergency meeting tomorrow to discuss rates. I bet they pivot and lower rates and fire up QE. What do you think the outcome of this will be?

    • @erickisel8668
      @erickisel8668 Рік тому +1

      100% agree. Hard assets only. FED will follow Bank of England, have no spine…

  • @hansume
    @hansume Рік тому

    💯💯💯💯

  • @trojan7933
    @trojan7933 Рік тому +2

    Are you still actively buying real estate with the current market?

  • @ronaldhuff635
    @ronaldhuff635 Рік тому +4

    answer, vote biden out in 2024

    • @Eddybo22
      @Eddybo22 Рік тому

      Hopefully the next person you vote for helps you better .

  • @eradicator187
    @eradicator187 Рік тому

    Better off not to be woke.