STEP BY STEP: How To Break Out Of The Financial Rat Race (& Become Wealthy)

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  • Опубліковано 15 вер 2024
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    What Is The Minority Mindset?
    "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh
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    Video host: Jaspreet Singh
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    DISCLAIMER CONT'D: I'm just a random guy on UA-cam 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.

КОМЕНТАРІ • 94

  • @MinorityMindset
    @MinorityMindset  3 місяці тому +23

    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 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!

    • @user-bk5xu7ot4m
      @user-bk5xu7ot4m 3 місяці тому

      Jaspreet, could you please make a video on how it all works.. from IPO of company to the purchase/ sale of stock from the investor?

  • @livingart2576
    @livingart2576 3 місяці тому +67

    Was considering booking a holiday for around £8000. Instead I have invested it. The missus wasn’t too happy but after showing her many videos like this she finally understands 😀

    • @toomuchdebt5669
      @toomuchdebt5669 3 місяці тому +6

      Congrats. It's critical that every family member is on board the asset building lifestyle.

    • @dragonnuma9965
      @dragonnuma9965 3 місяці тому +2

      Hope you did something still 8k is a lot for a vacay. But you’re in a good position if you even had that to blow. Remember it’s ok to have fun if the priorities are more than covered

  • @richhands5269
    @richhands5269 2 місяці тому +16

    My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

    • @pkdude5334
      @pkdude5334 2 місяці тому

      I like Stock Brotha as well. I'll have to check out How Money Works

    • @jonathanjoestar176
      @jonathanjoestar176 Місяць тому

      I haven't seen stock brotha. I recommend Plain bagel. How money works has referenced him at times.

  • @sharitacocoa
    @sharitacocoa 3 місяці тому +4

    Hi everyone.
    This UA-cam channel is great. BUT, I am a home owner and have been for years, I am also a Realtor and I have never purchased a home and did any renovations. Who buys a home for 400K and it needs major renovations. I also advise my clients and help them make decisions to make sure they are not house poor. Also, if you buy a new home with a warranty there will be no need for renovations. You pick the one you love. Also as you get into your senior years you get tax breaks on your home. So don't let that scare you. I agree with this young man on most of this UA-cam lesson, EXCEPT for the home being a liability. I know a PHd financial expert that teaches for Free and says the exact opposite.
    Also with these rental properties you are paying for and renovating, where are living and who is paying for your expenses? Just a thought and no disrespect to very intelligent man. I am student of his and love his messages. ❤

  • @LUSHMUJIK-vl2cq
    @LUSHMUJIK-vl2cq 3 місяці тому +6

    You're like the Bob Ross for finances. THANK YOU SO MUCH BRO I LOVE YOU!

  • @beerman204
    @beerman204 3 місяці тому +19

    This is one hard working dude....

    • @AKIRA-oz5cg
      @AKIRA-oz5cg 3 місяці тому

      Growing up broke will make u work hard

  • @almaur703
    @almaur703 3 місяці тому +9

    57:09 This hit the spot. "The majority of people hate the idea of somebody else making a profit off of them"

  • @inflationmillionaire-df3mn
    @inflationmillionaire-df3mn 3 місяці тому +20

    My cars are paid off and old. My clothing is cheap. My house is nice but the mortgage is very modest where i live in flyoever country. I'm not rich but i can afford some stuff but the reason i have money is because i don't buy all the things i can afford.

    • @getinthespace7715
      @getinthespace7715 3 місяці тому +2

      The Average American spends the equivalent of $500/month on cars. An opportunity cost of over $2 million dollars over their working career.

    • @pkdude5334
      @pkdude5334 2 місяці тому

      cue "flyover states" by Jason Aldean

  • @batmanbluedarker5087
    @batmanbluedarker5087 3 місяці тому +9

    I just found your page you probably won’t see the comment but you’re helping me a lot. Thank you

  • @WealthbuilderzTV
    @WealthbuilderzTV 3 місяці тому +3

    You are always breaking it down to the basics. Gotta love it. Love your videos bro.

  • @alejandroleon8149
    @alejandroleon8149 3 місяці тому +3

    The best channel here in personal finance.!! Love this man!❤

  • @tammyparsons8583
    @tammyparsons8583 Місяць тому

    Thank you for the value that you have added to my life. The mindset may just be the most important aspect of becoming wealthy.

  • @lunarmodule6419
    @lunarmodule6419 3 місяці тому +12

    At 18 you don't really want to be successful, you have "passions". You want to sing, study dinosaurs ir make movies. Theeeeeen reality bites...

  • @kenthammer123
    @kenthammer123 3 місяці тому +3

    Always appreciate the content my man. From your neighbor in Macomb County.

  • @HelloJamesBond
    @HelloJamesBond 3 місяці тому +1

    Thank you Jaspreet...I'm on the path to becoming wealthy. Making a plan, making changes to my lifestyle for the long-term. My goal is financial freedom - when i achieve it I'd like to buy you a beer sometime.

  • @kaumaema3998
    @kaumaema3998 3 місяці тому +8

    Thanks for everything bro..

  • @dannyharpermusic
    @dannyharpermusic Місяць тому +1

    Thank you for this video. You are so inspiring.

  • @TheCoinCompassChannel
    @TheCoinCompassChannel 3 місяці тому +6

    What an amazing video!
    This is so true that we all have only 24 hours a day so we need to know how to manage our time efficiently if we want to succeed.
    I have just liked and subscribed and I hope to be as big as you one day :)

  • @terid6708
    @terid6708 3 місяці тому +2

    Thank you more than I can say. I love your content!

  • @lopakakauakahi9263
    @lopakakauakahi9263 3 місяці тому +3

    Minority mindset Forever 🎊 🎉

  • @Babyfaceg_
    @Babyfaceg_ 3 місяці тому

    Hi there I just wanted to truly thank you for your advice. I know that it’s real advice and it’s literally some of the best financial advice I have ever heard. Coming up as a black/brown person I was never taught any of the stuff your channel teaches because my family didn’t know also because they were never taught. I have learned from books and you’re saying the same thing the books I have read tell me. I am 100 percent going to follow the strategies. I am glad to be finally rich. Mindset is everything. And I truly appreciate and understand that now. Thank you for your help I couldn’t thank you enough. 🙏🏽

  • @Mrs.JDKitchen
    @Mrs.JDKitchen 2 місяці тому +1

    This open my mind!! thank you so much!!!

  • @Mo_rena-ch2pu
    @Mo_rena-ch2pu 3 місяці тому +2

    Tell ‘em Jaspreet 👏🏽👏🏽👏🏽

  • @user-rg2zb5ms6e
    @user-rg2zb5ms6e 3 місяці тому

    Thanks brother for being so generous with all the things you have learned. I could relate to lots of stories you mentioned in this video. I wish people know the value of everything you say and start acting accordingly. This information is priceless.

  • @snoopanoop7705
    @snoopanoop7705 3 місяці тому +3

    Keep up the awesome content

  • @jukijunk
    @jukijunk 2 дні тому

    75\15\10 rule is awesome!

  • @sairam71
    @sairam71 3 місяці тому +1

    Always amazing content.

  • @arunas1
    @arunas1 3 місяці тому +1

    Gold value knowledge. Thanks

  • @almaur703
    @almaur703 3 місяці тому +1

    Cost vs Value that you are receiving in return...

  • @BrunDawgie
    @BrunDawgie 3 місяці тому +8

    How’d you know everything about my life?!?

    • @professork5634
      @professork5634 3 місяці тому

      Because you're a sheeple like everyone else

    • @cnkis
      @cnkis 2 місяці тому

      Right?! 😂😂😂

  • @matthowe768
    @matthowe768 19 днів тому

    I didn’t know you’re a Michigander!

  • @skyshop4428
    @skyshop4428 4 дні тому

    Great knowledge

  • @Nu_B_N-I_T_O_P_N
    @Nu_B_N-I_T_O_P_N Місяць тому

    Thanks for sharing ✌🏾💚💙💜☀️

  • @aumnamashivaya4
    @aumnamashivaya4 3 місяці тому +3

    Jaspreet, could you please summarise it or make a shorter video with the bullet points? Keep rocking it 🙏

    • @livingart2576
      @livingart2576 3 місяці тому +6

      Not for me. I don’t want the bullet points of what to do, i want the explanations and reasons why!

    • @StealthNinja7
      @StealthNinja7 3 місяці тому

      Screw it! I'll take advice in any format lol

    • @gabrielsanchez4207
      @gabrielsanchez4207 3 місяці тому

      You want everything spoon fed to you, you must really work hard lol

  • @ibrahimandong1572
    @ibrahimandong1572 3 місяці тому +1

    I needed to hear this

  • @CArmOrthoRN
    @CArmOrthoRN 3 місяці тому

    What about high interest savings accounts? Especially in light of the economic uncertainty out there? I'm not saying everything in high yield but I don't think it's wrong having a chunk there.

  • @PopInvesting
    @PopInvesting 3 місяці тому

    You inspire me all the time!!!
    But why it’s so difficult to get the 100k??

  • @tonytrump995
    @tonytrump995 3 місяці тому +1

    Everything is over value except for silver so get you all the silver you can get your hands

  • @karnez05
    @karnez05 3 місяці тому +1

    Let me guess invest

  • @BarbieLoveUkraine
    @BarbieLoveUkraine 2 місяці тому

    Going to Hawaii tomorrow 🤣🏝️🏝️🏝️ but it’s $670 ticket+hotel. So not too bad lol, thanks for your videos

  • @robertoconsuegra9921
    @robertoconsuegra9921 2 місяці тому

    Ahhh a Disney reference movie...lion king 😅 lover it..

  • @jademorris3838
    @jademorris3838 3 місяці тому

    I always forget to like, but not this time. I am sorry Jaspreet I'm so wrapped up in the gold you are offering us!!

  • @DC_ART23
    @DC_ART23 3 місяці тому

    Lol great video Juspreet. But you also forgot to mention that if you pick the wrong women, its another giant risk. She can divorce you, put you on child support and take everything from you even after you did everything for her with your hard earned money with no remorse.

  • @Cumuleonimbus
    @Cumuleonimbus 3 місяці тому

    Singh, I was looking for your older videos which motivated me to get into real estate but I think I lost them?? They had u in front of a whiteboard talking about how money can be made from home purchases and rentals. Do you know where I could find those?? 2019ish is the timeframe I'm remembering

  • @satvinderbreeze3650
    @satvinderbreeze3650 2 місяці тому

    Thanks very much for your really informative videos. M1 isn't available in the UK. Can you recommend a reputable UK company?

  • @lofimorph5031
    @lofimorph5031 3 місяці тому

    This is gold.

  • @PenelopePitstop0078
    @PenelopePitstop0078 3 місяці тому

    Cool as sh*t, pleased to have found ya. Subbed ✅

  • @franklinsantana3553
    @franklinsantana3553 3 місяці тому

    Dale let’s do it 🔥🔥🥊

  • @NYCity112
    @NYCity112 3 місяці тому +1

    No matter what you say, we ain't wealthy.

  • @CArmOrthoRN
    @CArmOrthoRN 3 місяці тому

    Do you consider holdings assets?

  • @xnogua6660
    @xnogua6660 3 місяці тому +1

    I agree man

  • @jeffnorthcott1644
    @jeffnorthcott1644 3 місяці тому

    Where is the discord link?

  • @Necroknix
    @Necroknix 3 місяці тому

    That extra guac and Chipotle will get ya

  • @jaydenp4975
    @jaydenp4975 3 місяці тому

    What if you can’t get out of the rat race? What if you’ve been stuck for years making money to survive and then costs go up and pay doesn’t? Not everyone can go back to school or change careers or get a promotion. The only people I know that have rental properties are those that inherited it from a family member that passed away. One guy has NEVER had a job! He just lives off the rental income from a multi unit rental his grandpa left for him. He has never had to invest or build anything. Not everyone can qualify to buy assets and investments. Please do a video on how to get out of the rat race.

    • @Sparkle-ey7iw
      @Sparkle-ey7iw 3 місяці тому

      Make more money get a second job side hustle etc so you can start investing

    • @Pathtoadulthood
      @Pathtoadulthood Місяць тому

      There's always a reason not to do something. If there's a will there is a way. invest in yourself. Make more money and invest more money. Into assets and not liabilities.

  • @detroitmidunkin2138
    @detroitmidunkin2138 3 місяці тому +1

    I'm just ready to give up on life

  • @franciscorodriguez259
    @franciscorodriguez259 3 місяці тому

    So True😮

  • @roshunepp
    @roshunepp 3 місяці тому

    Time to clean out the m1 videos and re-record them. They are still saying it's free

  • @Gmer00
    @Gmer00 3 місяці тому +1

    Talking too fast I need to repeat few times

  • @marcoprolo1488
    @marcoprolo1488 3 місяці тому

    Can you make a video about breaking out from tribalism in 2024? It's time to move on man!

  • @spacewizard6743
    @spacewizard6743 3 місяці тому

    " I'm from a small country in India called pu-" * SMACKS UPSIDE THE HEAD*

  • @bradtke1993
    @bradtke1993 3 місяці тому +1

    Recycling clips from 2021?? You sob!

  • @ninefigurebrands
    @ninefigurebrands 3 місяці тому

    Easier to make it in a different place than in your own. You really got nothing to lose if nobody knows who you are especially an immigrant

  • @codingiscreativity
    @codingiscreativity 3 місяці тому +1

    Why did Indian government severed your grandfather's house? Was your grandfather khalistani?

    • @StealthNinja7
      @StealthNinja7 3 місяці тому

      Looks like you will stay broke for the rest of your life if that's all you got from the video ...
      Smfh....

    • @LifeLenswithJyotiGill
      @LifeLenswithJyotiGill 3 місяці тому

      Coding troll you need to understand first meaning of khalis, it means “ pure”. Sikhs follow path blessed by our Guru G “ May you prosper, May you get displaced.” Sikh has been displaced multiple times . We found this a blessing in disguise to keep us moving through our life with perseverance.

    • @Ag212dfvcv
      @Ag212dfvcv 3 місяці тому

      No, what I’ve understood from Jaspreet’s story. His grandparents were forced to leave Pakistan during 1947 partition and came to India as refugees. Then his father immigrated to US

    • @LifeLenswithJyotiGill
      @LifeLenswithJyotiGill 3 місяці тому

      @@Ag212dfvcv it does not matter. My husband family moved from pakistan in 1947. It does not make them refugees. They owned land in punjab.

    • @codingiscreativity
      @codingiscreativity 3 місяці тому

      @@LifeLenswithJyotiGill there is another meaning of khalistani = terrorists 😁😁

  • @blackgrandpa7652
    @blackgrandpa7652 3 місяці тому

    Keep Hustling..

  • @rajnishchaturvedi0409
    @rajnishchaturvedi0409 2 місяці тому +1

    It’s more like 8-6 now 😢

  • @princessunknown3158
    @princessunknown3158 3 місяці тому +1

    Very true.. Asians negotiate.. Be cheap