The 10 Laws Of Money

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  • Опубліковано 3 жов 2024
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    The people who don't understand the rules of money will always be ruled by money which is why today, we're going over the 10 rules of money.
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    The 10 Laws Of Money
    0:10 - The people who never learn the rules of money will always be ruled by money
    0:46 - Money law #1 - money is emotionless
    1:27 - Money law #2 - money doesn’t reward hard work
    2:36 - Money law #3 - money hates sitting still
    3:56 - Money law #4 - with no risk comes no return
    6:32 - Money law #5 - money is a game that can be learned
    7:21 - Money law #6 - negative minds repel money
    8:07 - Money law #7 - what you’re worth on paper isn’t what you’re worth in cash
    8:58 - Money law #8 - protect your assets
    9:24 - Money law #9 - act your wage
    10:34 - Money law #10 - diversification isn’t always the right answer
    What Is The Minority Mindset?
    The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset.
    Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
    Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #GetMoneySmart
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    This Video: • The 10 Laws Of Money
    Channel: / minoritymindset
    Video host: Jaspreet Singh

КОМЕНТАРІ • 455

  • @MinorityMindset
    @MinorityMindset  4 роки тому +59

    Thank you for watching! If you enjoyed this video, you should watch - 5 Things Your Bank DOESN'T Want You To Know: ua-cam.com/video/wro_TqBY1Ro/v-deo.html

  • @universe.trippin
    @universe.trippin 4 роки тому +93

    "Money does not reward hard work. Money rewards unique value creation." YASSSSS!!!!!

  • @thehaffytaffy
    @thehaffytaffy 4 роки тому +130

    Money doesn’t reward hard work, that’s real talk 💯

  • @qmakesithappen
    @qmakesithappen 4 роки тому +123

    When you said "money doesn't reward hard work" I felt that and completely understand as someone who knows I work too hard. Great video Jaspreet, this was one of my favorites of yours in a while. Your delivery and breakdown is like no other. Much continued success and prosperity to you my brother 🙏🏁

    • @MinorityMindset
      @MinorityMindset  4 роки тому +9

      You are awesome - keep hustlin!!

    • @qmakesithappen
      @qmakesithappen 4 роки тому +3

      @@MinorityMindset most definitely will my friend 🏁

    • @PunkCoverMoose
      @PunkCoverMoose 4 роки тому +5

      Q Makes It Happen felt that shit too. It’s kind of sad hard work isn’t more rewarded though tbh.

    • @khalilcantrell5685
      @khalilcantrell5685 4 роки тому +5

      “Money doesn’t reward hard work” really hit home with me, as someone who spent a majority of their life being told the opposite. Now that I’m older and wiser, I’m trying to figure out new and smarter ways to make more money and save my body in the long run.

    • @qmakesithappen
      @qmakesithappen 4 роки тому +4

      @@PunkCoverMoose it sucks but we do what we gotta. My dad is 64 and still works 2 jobs just to get by because he wasn't taught to let his money work for him. I don't want that for myself, I won't allow my circumstances to end up like that.

  • @adcoresearch5145
    @adcoresearch5145 4 роки тому +141

    Jaspreet is amazing, can never get bored listening to him

  • @RodasYonass
    @RodasYonass 4 роки тому +50

    “You should not live a lifestyle with what you think you’re worth on paper” 1000% agree, I think this is one reason people get into debt.

  • @naturescritter4691
    @naturescritter4691 3 роки тому +4

    “ if you can’t buy 5 of them, you can’t afford one of them!” This keeps hitting me deeper and deeper the more I reflect.

  • @dcerna05
    @dcerna05 4 роки тому +18

    Every time Jaspreet says, ”Keep hustling", I too say it at the same time. Daily reminder.

  • @jervahnmorgan
    @jervahnmorgan 4 роки тому +7

    I wish I knew this dude 20 years ago! Thank you for the insightful information.

  • @sunmyra7152
    @sunmyra7152 4 роки тому +1

    Really wonderful advice last sentence....master one thing first... I catch myself all the time to slow down with new ideas before answering the first ideas questions

  • @baylin10
    @baylin10 4 роки тому

    Jaspreet... You are the Biz..I enjoy your platform very much ..please dont leave .Im learning so much

  • @paulfoytack5267
    @paulfoytack5267 4 роки тому +21

    Well you messed up JS.
    No need to watch any of your other videos.
    This one says it all.
    This should be watched daily.
    Excellent!

  • @harmanjotsingh4230
    @harmanjotsingh4230 4 роки тому +29

    Yo jaspreet your pagg looking extra neat and crisp 2day

  • @Travs872
    @Travs872 3 роки тому +1

    Thank you Jaspreet. You’re amazing!! Super smart and informative person. Your videos really capture my attention.

  • @jackadams3478
    @jackadams3478 4 роки тому +2

    There are so many scammers out there who would pack this info up in a course but jaspreet just gives it in his vids

  • @Profution
    @Profution 4 роки тому +1

    Money doesn’t reward hard work, so true

  • @kaycollins7684
    @kaycollins7684 4 роки тому +1

    SMART, PRACTICAL AND HILARIOUS!!!!

  • @marquistprice7577
    @marquistprice7577 4 роки тому +9

    “Be the master of 1 thing” I needed to hear this 😌

  • @kiransays
    @kiransays 4 роки тому +24

    Great Video! "Beamer or no beamer... that is the question." 😁As an entrepreneur it is fairly easy to fall Into the traps
    Therefore the 3 most common traps I have seen are:
    1- Not diversifying your risk
    2- Keeping assets unprotected
    3- Spending more than you earn
    Let's all make sure we follow the 10 rules and make 2020 the year we all grow and prosper. I have an amazing feeling about this year!🤗🤗

  • @shanehenderson1910
    @shanehenderson1910 4 роки тому +6

    I really like how you put things in to perspective. Ive been waking up every morning between the hours of 3-5am for no reason. I watched another video about how the universe and your environment is at its quietest and still within those hours, Which gives you the most opportune time to better yourself for greatness. One of the things youve talked about which is paying yourself first ive learned and implemented within those hours of 3-5am. Thanks for the words of wisdom and now im looking to accomplish another goal.

  • @GenExDividendInvestor
    @GenExDividendInvestor 4 роки тому +60

    Ok, some funny quotes about money...
    “A bank is a place that will lend you money if you can prove that you don’t need it.” - Bob Hope
    “The trick is to stop thinking of it as ‘your’ money.” - IRS auditor
    "I’m so poor I can’t even pay attention." ~Ron Kittle

    • @MinorityMindset
      @MinorityMindset  4 роки тому +4

      LOL

    • @gargoyles9999
      @gargoyles9999 4 роки тому +1

      "Ask the rich man he'll confess money can't buy happiness
      Tell the poor man he don't doubt that he'd rather be miserable with than without" --- Dean Martin

    • @workingshlub8861
      @workingshlub8861 2 роки тому

      the bob hope one is so true....if your desperate they will usually say no..

  • @OmegaCrazyRay
    @OmegaCrazyRay 4 роки тому +1

    Thank you Jaspreet Singh I learned so much from your financial and mental savvy advice.

  • @granitemoss1451
    @granitemoss1451 4 роки тому +13

    I really love when my money brings home friends!

    • @midnull6009
      @midnull6009 3 роки тому

      Lol I had those kinds of friends and now I'm wealthier without them lol.

  • @everyonesboboy
    @everyonesboboy 4 роки тому

    🔥🔥🔥🔥......barrrzzzz #10 makes a lot of sense and the basketball analogy is encoraging!!!!

  • @Je.rone_
    @Je.rone_ 4 роки тому +20

    6:32 I was just saying this yesterday night, it's like a game... when I used to play gta 5 my favourite thing was trying to make money!

    • @tythedetailer3650
      @tythedetailer3650 4 роки тому +1

      Black Vito - Moneyology playing games helps you figure out how to handle money.

    • @CaseyBurnsInvesting
      @CaseyBurnsInvesting 4 роки тому +3

      Black Vito - Moneyology
      Fable 👌🏾

    • @paulbrown4539
      @paulbrown4539 4 роки тому

      That's " Last night " player !!!🤣

    • @Je.rone_
      @Je.rone_ 4 роки тому +2

      @@paulbrown4539 i i was just going to say yesterday, but i decided to emphasize how recent so i through in night in lieu of typing it all over, time efficiency law 11

    • @tythedetailer3650
      @tythedetailer3650 4 роки тому

      Black Vito - Moneyology there is always a reason.

  • @DW-ld4ri
    @DW-ld4ri 4 роки тому

    Free throws..with you're eyes closed..perfect metaphor

  • @geraldbeck8644
    @geraldbeck8644 3 роки тому

    That must be your best video yet...hands down...you the man...and thank you for sharing your lessons
    It starting to change my life...and the lives of my family...thank you, thank you

  • @wilfredmichael9800
    @wilfredmichael9800 4 роки тому +3

    Money doesn't reward hardwork. Many people refuse to accept this.

    • @magnafire1
      @magnafire1 4 роки тому +1

      It actually does if you are putting that hard work to work for you, but people get it backwards. There is no easy way or short cuts to get to the top.

    • @magnafire1
      @magnafire1 4 роки тому +1

      The mistake is that people don't make babies with their money. They just work hard and do what they been taught and take very little risks. That is a sure way to plateau into poverty or just get by.

    • @wilfredmichael9800
      @wilfredmichael9800 4 роки тому +1

      @@magnafire1 Exactly what I had in mind.

  • @Erika2
    @Erika2 4 роки тому +2

    As always, great content! I love how you explained that millionaires become one by mastering one thing before moving on to the next!

  • @gwillis01
    @gwillis01 4 роки тому +1

    Remember that many people do what they think is the easy way out. They think that burying you in an avalanche of negative comments to get you to come DOWN to their level of laziness and sadness is easier than working hard to accomplish something for themselves.

  • @ikeepsitreel
    @ikeepsitreel 4 роки тому +1

    Excellent video! One your best!

  • @cwaa5556
    @cwaa5556 4 роки тому +1

    Thanks for the fantastic video. I think your ten points are right on target.

  • @YEUNGMANCOOKING
    @YEUNGMANCOOKING 4 роки тому

    Love this sir 😎

  • @ministeriounamanoeneldesie1615
    @ministeriounamanoeneldesie1615 4 роки тому +1

    Thank you.

  • @SJLA
    @SJLA 4 роки тому

    I really liked rule 10... Focus is key!

  • @ZacharyLaid
    @ZacharyLaid 4 роки тому +5

    Money doesn't judge you.

  • @yasminataketa680
    @yasminataketa680 4 роки тому +1

    So true, your speech makes a lot of sense thank you🙏🙏🏾🙏🏻🙏🏽

  • @AmyMcLean
    @AmyMcLean 4 роки тому +2

    When I was trying to talk to my friends who think money, and people who have it, are evil and that our system is broken, and trying to explain why I was trying to get ahead against all odds anyway I came up with "money is a game, and to win any game you have to learn the rules, so I am learning the rules because I want to win at the game of money." That was about 6 years ago. Now my husband and I are worth about half a million with our real estate holdings and my business just had a record year of profit. But our friends are still pretty much broke. We still love them, but we sure aren't taking money advice from them. (Or we listen to their advice and do the opposite!)

    • @ChrisGilliamOffGrid
      @ChrisGilliamOffGrid 4 роки тому

      Yep. Getting financial advice from poor people is like getting dieting advice from fat people.😉

  • @NativeEnglishHacks
    @NativeEnglishHacks 3 роки тому

    Brilliant video and conceptualization. Thanks!

  • @consciouscrypto3090
    @consciouscrypto3090 4 роки тому +1

    All great tips. My favorite is #10. It's stunning how many people don't realize this. So many "hustlers" who really are just dreamers who work far too hard for the returns they're getting. I always say you can do 10 things all well, but you can't start 10 things at the same time and do any well.

  • @WC1Master
    @WC1Master 3 роки тому

    You give so much value! Love your energy and videos!

  • @edwardrhoads7283
    @edwardrhoads7283 3 роки тому +1

    For rule number one, I think a better way to explain it is that:
    Money is a tool.
    And like any other tool its value is based on the hand that wields it.
    As for nice stuff. I love to buy nice stuff - from auctions for ten cents on the dollar...

  • @Jom-jg7ty
    @Jom-jg7ty 4 роки тому +1

    What an awesome video Jaspreet! I was brought in a very Catholic family, where money has been seen as " evil", yet my parents were stressed out all their lives about not having sufficient money. I love making money and manage them. I did, too, made some expensive mistakes regarding money- because back then, I had zero financial knowledge regarding stocks, credit cards, real estate etc. and there was no Internet to find information easily.

  • @paulineaird5040
    @paulineaird5040 3 роки тому

    Omg I love your energy!!! Thanks for another great video!

  • @bimplerouge9389
    @bimplerouge9389 3 роки тому

    Thanks you JS. Almost too much good advice. Live long and prosper.

  • @rosavillarreal7146
    @rosavillarreal7146 3 роки тому

    Thank you for all your educational videos. Good stuff brother!

  • @cecileayala1166
    @cecileayala1166 4 роки тому +21

    Tysm for your advice, especially the last one. I was doing too many things and not getting nowhere. Now I'm finally choosing to stick with Real Estate. Once I master that, I am interested in investing next. Real Estate is my ideal career and passion. I will continue to watch your videos and advice, and will keep you posted. This is a good Year.

    • @MinorityMindset
      @MinorityMindset  4 роки тому +2

      You're awesome - MIH!!

    • @SoundScientist1
      @SoundScientist1 4 роки тому +1

      @Cecile Ayala. Same for me. I strongly feel that once I get some momentum going in Real Estate investment & development, then my other financial affairs will fall into place (because I already know how to live on a streamlined or frugal budget).

  • @shakezmaybe3192
    @shakezmaybe3192 4 роки тому +80

    The moral of the story:
    Benji needs to work...

    • @MinorityMindset
      @MinorityMindset  4 роки тому +10

      Benji needs to work ASAP

    • @IrvOfficial
      @IrvOfficial 4 роки тому +3

      No shortage of money just a shortage of those going after it.

    • @shakezmaybe3192
      @shakezmaybe3192 4 роки тому

      @@IrvOfficial Very true indeed,

  • @depthbrewedrollers.8793
    @depthbrewedrollers.8793 4 роки тому +2

    By far this has to be my favorite video you have created. Thanks.

  • @ladylocs2xcel
    @ladylocs2xcel 4 роки тому +1

    Law #2 hurts my heart but I know it’s true. I’m an RN and I work soo hard mentally, emotionally and physically and people think nurses make so much money but the truth is, we don’t make nearly enough for how hard we work. I’m currently brainstorming ways to utilize my nursing license to increase my streams of income so that I can invest more and retire early. Great vid Jaspreet!

  • @CreationByWords
    @CreationByWords 4 роки тому

    Awesome video. Awe channel. Thank you for sharing.

  • @curtishouze1471
    @curtishouze1471 4 роки тому +1

    I am seeing some light at the end of this tunnel. Please keep feeding me with information and the knowledge to succeed!!!

  • @dr.cherylcuttineau9365
    @dr.cherylcuttineau9365 4 роки тому +4

    Just found this channel. You are amazing- love the energy! Thank you -I’m now a subscriber!

  • @raulacevedo8336
    @raulacevedo8336 4 роки тому

    Jas, you are a smart guy. I wish you a lot of success in your business.

  • @lpadia71
    @lpadia71 4 роки тому

    ggreat video man keep teaching bro . much respect youre doing a great job keep the videos coming

  • @thehaffytaffy
    @thehaffytaffy 4 роки тому +3

    I love this channel, I watch your videos often as repeats so I can take notes.. 💯

  • @danlaub7156
    @danlaub7156 4 роки тому +12

    Great list! I'm going to share this video with the college economics courses I teach.

    • @MinorityMindset
      @MinorityMindset  4 роки тому

      You are awesome!!

    • @supernerd7093
      @supernerd7093 4 роки тому

      with todays climate and bizarre---snowflake/sjw behavior on college campuses you will probably get fired.

  • @mthomas503
    @mthomas503 4 роки тому +2

    Man Jaspreet I can hear and feel your passion. You're on 🔥 and so am I. Thanks for the inspiration!

  • @pacificaaurora6642
    @pacificaaurora6642 4 роки тому

    WOW HERMANO, GREAT VIDEO CONTENT GRACIAS FOR SHARING BLESSINGS, BENDICION!!!!!!!!!!
    🙏🤝😉👍

  • @casas489
    @casas489 4 роки тому +2

    great

  • @boyleheightscollective4097
    @boyleheightscollective4097 4 роки тому

    Yes ma...thanks for the videos really helping me out lately

  • @RanjitSingh-ww1bg
    @RanjitSingh-ww1bg 4 роки тому

    Very informative and cool Jaspreet 👌😎

  • @davidskues7153
    @davidskues7153 2 роки тому

    The most sapient and practical ideas are often counter culture and, or, counter intuitive.

  • @connieadams607
    @connieadams607 3 роки тому

    Another excellent show 👍🏻👍🏻👍🏻👍🏻😁🙌

  • @GuillermoDuran_RE
    @GuillermoDuran_RE 3 роки тому

    Master one at the time! How wise!!

  • @Adghf27038
    @Adghf27038 4 роки тому +1

    Jaspreet, this is the first video of yours that I've watched. I gotta say man, really loving the energy and vibe! Much love, keep hustling!

  • @DevelopingHer
    @DevelopingHer 4 роки тому

    The last tip= 🤯

  • @jespreetchauhan8347
    @jespreetchauhan8347 4 роки тому +1

    What a powerful video ! Everything is true Jaspreet. Thank you for informing us in this wonderful way. love it!

  • @TheJagmohan
    @TheJagmohan 4 роки тому

    Precious information

  • @neogator26
    @neogator26 3 роки тому

    You are acting out a super in-depth version of "The Richest Man in Babylon"! I have actually purchased that book and sent it to people who need some financial advice. Now I can just send them a link to your channel. lol

  • @1lifechoosewisely483
    @1lifechoosewisely483 4 роки тому +1

    This one just changed my life.Thanks

  • @pavelvesely2518
    @pavelvesely2518 3 роки тому +1

    When you have a lot of money there will always be people trying to take it away from you

  • @giovannifrondoni9748
    @giovannifrondoni9748 4 роки тому +1

    Thank you for your videos Jaspreet! I always find it useful and funny 😄

  • @rajbeekie7124
    @rajbeekie7124 4 роки тому +1

    Jaspreet, I love the flip chart illustrating the rates of return. The last example of starting your own business is fraught with sinkholes. The VAST majority of people who start businesses lose money. Only a small percentage of entrepreneurs reap enough benefits to live the good life.
    Being an entrepreneur is a tough business.

    • @MinorityMindset
      @MinorityMindset  4 роки тому

      It is very hard and risky. It comes with 0 guarantees, but it has the most upside potential.

  • @gardenfever4139
    @gardenfever4139 4 роки тому

    7 was a good tip

  • @andrewthacker114
    @andrewthacker114 4 роки тому

    Good points made - thanks

  • @ktmochiii
    @ktmochiii 3 роки тому

    3:35
    DAMN IT JOHN. THAT"S MY MONEY

  • @baboochadha
    @baboochadha 4 роки тому

    Wow! Precise, I have seen people making mistakes the way you pointed out, precisely the same mistakes. keep going, God will Bless You

  • @Better-na-better
    @Better-na-better 4 роки тому +1

    Thank you for these gems!!

  • @jameswilke9777
    @jameswilke9777 4 роки тому

    Thank you, Jaspreet! This is one of the best informative UA-cam videos I've ever seen!

  • @dawnglessner7432
    @dawnglessner7432 4 роки тому

    Thanks for getting the word out, Jaspreet!

  • @M0rdFustang
    @M0rdFustang 4 роки тому +1

    So much good stuff in this vid 👌

  • @juansarmiento2022
    @juansarmiento2022 4 роки тому

    Thank you!

  • @pedrogarces6876
    @pedrogarces6876 4 роки тому +1

    Agree with your concept. Do you agree that a 6 mo emergency cannot be invested in the market? Usually access to emergency funds is more likely to be used during economic downturns.

  • @MsSteph_on_YouTube
    @MsSteph_on_YouTube 4 роки тому +3

    "$50K is a full-time employee's salary." Exactly!

  • @juniorp726
    @juniorp726 4 роки тому

    Love this channel

  • @granthandford
    @granthandford 4 роки тому

    Your videos are always full of value.
    I found this one to really be jam packed with so much value I needed to thank you. So thank you.

  • @kyrabunzo7
    @kyrabunzo7 4 роки тому +1

    Thank you! I really needed this advice! And your video pops up. Almost did the diversify thing without mastering 1 first.

  • @MrFester63
    @MrFester63 4 роки тому

    A big thank you to you, Jaspreet!!! You've really helped us get on track & continue to inspire!! We're gonna keep hustling!!

  • @billfitch2611
    @billfitch2611 4 роки тому +3

    Great tips! I really loved the last one, get good at one thing first, not 7! Thanks!

  • @Tactical-Black
    @Tactical-Black 4 роки тому +2

    I really needed to hear this
    2020 started out bad for me but I believe it will get better

  • @sstuartcb7
    @sstuartcb7 4 роки тому

    Great video !!

  • @theindianguy4607
    @theindianguy4607 4 роки тому

    Brother your content is improving every single day .... pure knowladge is flowing in the channel ..... lots of love from india .... mai ek gl hor khni c v boht khushi hundi a apnai punjabi bro de chdai hundi hoi dkh k 😍😍🤩🤩 lot of respect and love ....

  • @batirtzeurkiaga4973
    @batirtzeurkiaga4973 4 роки тому

    Great video Jaspreet!!!! Thanks for everything.

  • @bengsheng
    @bengsheng 4 роки тому

    You are the Man!!!!! best money advice ever ( real talk )

  • @TheLizardKing1967
    @TheLizardKing1967 4 роки тому +8

    GREAT CONTENT! 0 Thumbs Down. KEEP HUSTLING!

  • @someguynamedvictor
    @someguynamedvictor 4 роки тому +1

    Avoid a setup where working more won’t get you anything more. It’s the best way to kill your motivation for working and life in general. Not that everything should be about getting more or even something. However if your constantly putting out more and never receiving more or even lose some, something has gone wrong. With this broken setup you can work 40 hours or 80 hours and it wouldn’t matter, even fast food and grocery workers get overtime.

  • @andiemac0
    @andiemac0 4 роки тому

    Love this channel. AND this totally cracks me up because as he moves closer and away from the camera it totally reminds me of sesame street's Grover when he does Near and Far.

  • @prome57
    @prome57 4 роки тому +1

    Yesterday a man in my real estate mastermind group was talking about a 150 million dollar mistake in a Las vegas casino deal because 2 out of 5 people in the deal who werent the owners of the casino who'd be the one using the 150 wouldnt give the phone number to the man offering the money. They made the decision not to tell the head of the casino about this and wouldnt let him contact the man with the money because they thought they were the heads of the deal. The man who was planning on 5 other deals with this comany oppted out of all of them because of it. To give people perspective 150x6=900 million dollars to men who could turn this into billions. All because of an ego trip.

  • @MsJackson2025
    @MsJackson2025 2 роки тому

    Thanks 🙏🏾 you