10 Laws To Live A Wealthy Life

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  • Опубліковано 6 січ 2025

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  • @MinorityMindset
    @MinorityMindset  6 місяців тому +37

    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!

    • @prime10mviews7
      @prime10mviews7 6 місяців тому

      bro what's your blood type ; you always talk about facts and what is in my mind

    • @PatienceMaybe-zg6fu
      @PatienceMaybe-zg6fu 2 місяці тому

      saving 10% doings is a supportive self ACHIEVEMENTS 💪SIMPLIEST THINKER OF ANY LEVEL CASH MAKINGS WITH DISCIPLINED DETERMINATIONS & CREDIT CARD RETURNINGS BUDGET STRATEGIES OF MUST TAKE CARE OF SELF FIRM FOUNDATION FIRST OF ANY AGE STUDENT ❤GIFTEDUCATORESEARCHALKIN D.O GRATEFULNESS SINGH❤🦁💪SIGHTEACHINGENERATIONALLAHEAL🙏THEADSTRONGENUISURGICALOVEDUCATEDOCHALKINVEST PORTIONS IS A CHALKIN JEWONDERS OPERATIONS SOCIETY IN MYSTERIOUS METHODS OF WHATEVER WORKS BABY📦 TOLERANCES BEYOND COMPARISON EXAMPLING GORGEOUS BRIAN A.CHALKIN D.O SPIRITUAL🦁🙏🙏🙏🙏🙏🦁PROTECTING SELF FLOURISHING OTHERS OF ♥️🙊SEA❤🙊D.O FITNESS ASPECTS OF LIFE SURVIVALIST HEALTHY TECHNIQUES IN-HOUSE 🦅 OF BEST QURANICHALKIN ❤🦁♥️🙊♥️🦁♥️🚀JESUSINGH 🔥

  • @theguynextdoor4978
    @theguynextdoor4978 6 місяців тому +78

    You inspired me to get my stuff together. I'm not poor, not a credit card slave, but I needed to adjust my spending habits.

  • @sabriellelunin9291
    @sabriellelunin9291 6 місяців тому +93

    Thank you so much for making these vids, you have changed my life and my children's future.

  • @laurengarcia2568
    @laurengarcia2568 Місяць тому +11

    Because of you Jaspreet all of my investments are growing. Got a side hussle and paid my Honda off. My savings are positive too 🙏
    I’ll never buy another LV purse again! Don’t need it.

  • @jamesgatz5301
    @jamesgatz5301 6 місяців тому +37

    I make more money than almost everyone I know, by a significant amount, and I’m WAY more frugal than all of them. I’m always telling them STOP WASTING YOUR MONEY ON STUFF YOU DONT NEED! No one listens.

    • @locohuero
      @locohuero 4 місяці тому +6

      I know your struggles; my last three cell phones I bought through eBay, a year or two old, versus by financing it through the phone company. My car; used and payed off.
      Also, don't care about fashion and only shop clothing sales. 😊

    • @crytexjordan
      @crytexjordan 20 днів тому +1

      Literally same

  • @chrisroger2000
    @chrisroger2000 6 місяців тому +74

    “Sometimes one of the most expensive thing that you can do is to be cheap”!
    True that!

    • @randombandit362
      @randombandit362 6 місяців тому +1

      One of the “cheapest” things you can do is drive everywhere. Walking and riding a bike are great ways to get places too

    • @wallye8713
      @wallye8713 6 місяців тому

      @@randombandit362time is a valuable asset. Some locations afford cost efficient public and or bike transportation other locations don’t..

    • @stellabotirova1229
      @stellabotirova1229 5 місяців тому

      I live in dxb there's no way even to be poor

    • @Sheldon-yo4sv
      @Sheldon-yo4sv 5 місяців тому +1

      Forget about people who say he cheap. Cheap, is only an opinion. We base our lives on Fact.

    • @anthonychibueze4464
      @anthonychibueze4464 4 місяці тому

      So true mate 👍🏽

  • @isettech
    @isettech 6 місяців тому +15

    Absolutely true about the stock market and the pandemic. Bought an oil pipeline for $5.42 per share in April 2020. Today the value is $37.35. This is an increase of over 600% since April 2020. The dividend is now $3.50 annual rate. Yes this is over 60% return on investment annually.
    Last year the market was down with the fears of recession, so the shipping industry stock was down, so I bought some container shipping stock on October 30 for $8 per share. Today that stock is $18.54 per share. Yes it has more than doubled in under a year. I love a good stock market sale.
    Stocks mentioned are WES and ZIM.

  • @MadCaril
    @MadCaril 6 місяців тому +3

    Bro, this was one of THE best videos I have ever watched. You explained the steps we need to take but also gave us clarity on being healthy. Thank you for this!

  • @Thedigitalalex
    @Thedigitalalex 2 місяці тому +3

    I will be wealthy
    Money is a tool
    Money is abundant
    Its my duty to succeed

  • @BuyLessJess
    @BuyLessJess 6 місяців тому +8

    This information is more valuable than I can express. Thank you for making these videos!

  • @Fred-rv2tu
    @Fred-rv2tu 6 місяців тому +75

    Sigh… I miss my BMW. But doing much better financially without it.

    • @MonaValenzuela
      @MonaValenzuela 6 місяців тому +9

      You did the right thing 👏 🙌 💯
      Pat yourself on the back! Keep the Minority Mind Set!!

    • @myooo3524
      @myooo3524 6 місяців тому +3

      Congratulations

    • @jean1797
      @jean1797 6 місяців тому +11

      Feels man. Driving my 10 year old subaru is definitely not as fun, but not having an $700 monthly payment is nice.

    • @OmarHernandez-iu2zc
      @OmarHernandez-iu2zc 6 місяців тому +4

      Bro at the end of the day it's just a brand and just a car that does what any other car does

    • @Fred-rv2tu
      @Fred-rv2tu 6 місяців тому +5

      @@OmarHernandez-iu2zc it was a *really* high end BMW so it wasn’t quite just any car but yea. It was unnecessary. I made six figures and had no responsibilities so I thought it was fine, but that money could have been working for me and now I’m playing catch up in the investment game. Live and learn.

  • @rambleonfinance
    @rambleonfinance 6 місяців тому +10

    This content keeps me motivated. Love it.

  • @jtek5si
    @jtek5si 6 місяців тому +5

    Amazing video as always, Jaspreet! Especially #10. Too many people think wealth will make them happy and fulfilled.

  • @makazine
    @makazine 6 місяців тому +12

    This video is gold! Thank you for this Jaspreet!!

    • @Dividendflywheel
      @Dividendflywheel 6 місяців тому +1

      Yes. Cash is King. Cash flow is Queen. Use cash to buy cash flow

  • @josephduenas6959
    @josephduenas6959 6 місяців тому +23

    Thank you for the amazing content keep this up 💯

  • @bomberoretired9197
    @bomberoretired9197 6 місяців тому +17

    There are many people that don’t hear this valuable information. Then are those that ignore this information and always cry that they can’t get ahead.

    • @toomuchdebt5669
      @toomuchdebt5669 6 місяців тому +3

      If you hear people that only cry about thier financial situation then you are in bad company.

  • @raymondhumphrey2749
    @raymondhumphrey2749 2 місяці тому +2

    Always member folks..You have to HAVE MONEY,TO SAVE MONEY!! PERIOD!!

  • @flowersforest
    @flowersforest 6 місяців тому +2

    Thank you so much ! Well said !
    “ One of the most expensive thing that you can do is being cheap ! “

  • @Jen_Tam
    @Jen_Tam 6 місяців тому +2

    Thanks for mentioning that time is what it takes to get where you want to be. Everyone preaches one can get rich quick but that isn’t what happens to the majority. You and Zuber are the only ones mentioning it takes time!

  • @Ricksdaname
    @Ricksdaname 6 місяців тому +3

    Great video. Thanks for posting positive videos. It is hard to say NO to do many things, but the freedom of not owing feels great.

  • @johnrodriguez2013
    @johnrodriguez2013 6 місяців тому +19

    Keep the awesome content coming man! Your book recommendations are my best tool for success this month. Truely, thank you.

    • @SheedLordBear
      @SheedLordBear 4 місяці тому

      Could you list those recommendations?

  • @Ernie-x8o
    @Ernie-x8o День тому

    I really like this guy everything he says makes perfect sense. I feel like it makes him happy to help people.

  • @carolannstevens5814
    @carolannstevens5814 6 місяців тому +3

    Thank you Jespreet!!! You and George Kamel ♥️

  • @jesssc402
    @jesssc402 6 місяців тому +3

    I feel like personal finance management is prolly the easiest subject that when you follow, no matter what income bracket you’re in, you’d be alright. Obviously, the higher the income, the better… i mean it’s just, live below your means, don’t overspend on a useless degree, save for an emergency asap, invest consistently. That’s it.. waay easier than finding the x or y

  • @link2442
    @link2442 4 місяці тому +2

    The biggest money pit is owning a car. The repairs, fuel, insurance, and the toll roads.
    For a small car, all those combined cost me close to $10k a year. That's $100k in 10 years.
    When I was working in Europe, the company paid for the train to and from work.
    Being a slave to a car dependent city has its draw backs financially

  • @locohuero
    @locohuero 4 місяці тому +6

    I upgrade my cell phone via eBay every few years for a few hundred instead of full "debut" price of 1k+.

  • @Self-mastering-01
    @Self-mastering-01 6 місяців тому +1

    My favorite financial yt channel

  • @manjitapp
    @manjitapp 6 місяців тому +1

    Jaspreet you are the best!!!! You inspired me to break through the scarcity money Indian mentality that I was engrained with!

  • @theBSisreal
    @theBSisreal 6 місяців тому

    "Cheapness is a weakness" If you want the best you have to pay for it. Efficiency is one thing, cheapness is another. Good video.

  • @anitaheather253
    @anitaheather253 6 місяців тому +1

    Thank you, you are an inspiration for many $ situations. Saw your interview on Know Thyself podcast - new subscriber from South Africa.

  • @kamvalenkosi_
    @kamvalenkosi_ 3 місяці тому

    Thank you for this. Very informative. Learnt a lot. Moral of the story in a way is to learn the rules of the game you are playing so that you can play.

  • @tonyrutledgejr
    @tonyrutledgejr 2 місяці тому

    Money simply reveals character. Love the videos Jaspreet 💯✊🏾

  • @JevonMusicGroup
    @JevonMusicGroup 6 місяців тому +11

    Watching now as i write this... can't wait to find out what is in the description box DOWN BELOW. 🤣

  • @ricardocastillo880
    @ricardocastillo880 3 місяці тому +1

    Whe he said I grew up in a traditional indian household, I knew what he was gonna say next!
    Reminds me of my childhood tho I'm not indian myself
    F

  • @smantoff
    @smantoff 6 місяців тому +1

    Great video Jaspreet. Thank you for sharing your wisdom

  • @williambell4591
    @williambell4591 6 місяців тому

    ABSOLUTE PROPS, Jaspreet - I APPRECIATE YOU so much!
    You're one if the BEST RANDOM GUYS out there!
    Thanks for the time you take to teach us this knowledge! ❤💯

  • @serwansheran
    @serwansheran 4 місяці тому

    I like your videos dude. They’re not only personally important but also financially.

  • @StraitTalkMedia
    @StraitTalkMedia 3 місяці тому

    One of your best videos It really gives me things to think about as I start my day with your videos. Great job

  • @ChukMane14
    @ChukMane14 Місяць тому +2

    I like this guy, i dont usually say that about youtube personals

  • @User-pu3lc
    @User-pu3lc 6 місяців тому +5

    Gotta have money offense and money defense in the game of life. Defense wins championships.

    • @Beshladilawal
      @Beshladilawal 6 місяців тому

      Sahil bloom newsletter write something similar today. You can check him out. ❤

  • @Fred-rv2tu
    @Fred-rv2tu 6 місяців тому +2

    Wish I knew all this when I graduated high school and didn’t have responsibilities. Making do how I can now though.

  • @garrettmay7631
    @garrettmay7631 5 місяців тому

    Thank you for the great financial nuggets that you dropped in this video.

  • @Fred-rv2tu
    @Fred-rv2tu 6 місяців тому +1

    Really appreciate the holistic life message

  • @lordkroak6670
    @lordkroak6670 21 день тому

    My spending habits has adjusted ALOT in just 2 months. All it took was a big vehicle repair to really make me change my perspective on money.

  • @Colimotl1
    @Colimotl1 6 місяців тому +3

    Gracias por tus videos!

  • @Dividendflywheel
    @Dividendflywheel 6 місяців тому +14

    Learned this
    Cash is King
    Cash Flow is Queen. Use cash to buy cash flow

  • @JackWalsh-d7h
    @JackWalsh-d7h 6 місяців тому +76

    I'm now avoiding new purchases to avoid slipping into a bear trap. However, I'd like to know where the best investment opportunities are during a downturn. My goal is to retire comfortably on around $1.2 million.

    • @CoreyLloydo
      @CoreyLloydo 6 місяців тому +2

      Wishing you luck! The key to a happy retirement is to live the life you choose, if you have a certain amount in mind for your retirement, it is only appropriate to work with a knowledgeable advisor to make plans.

    • @RhysHuntoffice
      @RhysHuntoffice 6 місяців тому +1

      I concur that guidance should not be disregarded but rather followed. I remember a few summers ago, not long after my horrible divorce, I was in dire need of advise on investments to keep my head above water. Fortunately, I met someone with grit who greatly assisted me in growing my reserve, which despite inflation has increased from $360k to about seven figures now.

    • @JackWalsh-d7h
      @JackWalsh-d7h 6 місяців тому

      nice gains there! Please share your advisor's info with me. Due to my increased income from work, I'm thinking about investing in stocks and other assets that will enable me to gradually build wealth.

    • @RhysHuntoffice
      @RhysHuntoffice 6 місяців тому

      Leah Foster Alderman is the licensed expert I use.

    • @RhysHuntoffice
      @RhysHuntoffice 6 місяців тому

      Just look up the name. You would discover the necessary information to deal with a correspondence to schedule an appointment.

  • @elizabethsargent7845
    @elizabethsargent7845 5 місяців тому +1

    Jaspreet, you are awesome!

  • @mariahprouty2282
    @mariahprouty2282 5 місяців тому

    Love your channel dude!

  • @bhavanijarajapu2829
    @bhavanijarajapu2829 2 місяці тому

    Great video, I will have to rearrange my finances

  • @tibuy
    @tibuy Місяць тому

    An excellent accountant really makes the difference

  • @HerbieCassidy
    @HerbieCassidy 9 днів тому

    even though for so many it's much more important to have relationships with friends and family---having the funds to do what is needed for life to do whatever is effectively dependent on understanding economics---pay attention if u don't know about what he is saying

  • @briannelson694
    @briannelson694 6 місяців тому +2

    I appreciate all your videos sir.

  • @shortsworld36
    @shortsworld36 6 місяців тому +2

    The irony is an ad popped up about buying some course to big earnings 😅 unbelievable

  • @vwhooligan59
    @vwhooligan59 5 місяців тому

    Always great to learn from you, Sir! Thank you for helping me get my financial ducks in a row.
    A few years ago, somebody suggested the book 'The Richest Man in Babylon' to me and there are a lot of parallels to what you teach. Highly recommend both sources of information to those who wish to better themselves financially!

  • @Yris-j3b
    @Yris-j3b 11 днів тому

    Hi. Great content! J7st a little question: what do the avocados mean?

  • @kaur5941
    @kaur5941 6 місяців тому +4

    First viewer lots of love from London paji❤

  • @serangelpineda
    @serangelpineda 4 місяці тому

    Great and valuable Info! Thanks amigo! 🤟🍻

  • @mserzysko
    @mserzysko 6 місяців тому

    Great basic video! Thank you for teaching people. :) Sometimes you don't get to use this plan, but stay focused, do small steps, to apply at least part of it! Me and my husband were doing just that. We saved like crazy, we were investing in a stock market (with success). It saved us! We had to help family members in financial struggle (and they were supporting us massively in other ways). The fact we were able to do so... I am soooo proud and happy! But only because we had this cushion. We are broke again, but we did it once, we can gather it again! :D

  • @dannyrand2543
    @dannyrand2543 4 місяці тому

    Sir, you are a Gift!!

  • @myooo3524
    @myooo3524 6 місяців тому +4

    True. Using credit card is killing your future.

    • @Mike-yr1sm
      @Mike-yr1sm 4 місяці тому

      Credit card usage is fine.
      Credit card debt is horrible.

  • @jtpappas2161
    @jtpappas2161 5 місяців тому +1

    What’s the best option for dividends? Is it best to reinvest the dividends back into the stock/ETF

  • @gbou93
    @gbou93 6 місяців тому +5

    Jaspreet is cool.

  • @akeemceffalo101
    @akeemceffalo101 6 місяців тому +2

    Money isn't evil its how you obtain it and how you use it

  • @adrialazo3867
    @adrialazo3867 3 місяці тому

    Thank you for taking the time to educate me, what do you think about buying XRP?

    • @gujh03
      @gujh03 2 місяці тому

      Do buy xrp. It's a dead project.

  • @Government-EconomicsTeacher
    @Government-EconomicsTeacher 10 днів тому

    When my kid was in the hospital we got a gift card for DoorDash. I STILL couldn't bring myself to order it. I could make 3 dinners (with 2 additional leftover dinners) for the cost of two servings. I need to figure out how to sell it. Would rather have grocery money

  • @MessechLeone
    @MessechLeone 4 місяці тому

    Good advice bro❤

  • @gugustoy6208
    @gugustoy6208 2 місяці тому

    So i am 35 is it worth putting my money on index funds ?? Dividend stocks ??

  • @rebacarmack8335
    @rebacarmack8335 6 місяців тому +1

    Money makes you more of what you already are!

  • @dimelosantitbs
    @dimelosantitbs 6 місяців тому

    Best phrase ever : “sometimes the most expensive thing to do is being cheap!”

  • @marayues
    @marayues 2 місяці тому

    I loved it!

  • @abhishak21
    @abhishak21 6 місяців тому +1

    Educational Videos 💥

  • @austinjones7569
    @austinjones7569 6 місяців тому +1

    Should the 75/15/10 rule be applied to gross income or net income?

    • @INDYEAH
      @INDYEAH 6 місяців тому +1

      Income which hits your bank

  • @shahriaralam4295
    @shahriaralam4295 5 місяців тому

    Very informative video

  • @Rinas-l3h
    @Rinas-l3h 6 місяців тому

    Thanks for this great video

  • @qataracgnacgn
    @qataracgnacgn 6 місяців тому

    Great advice!

  • @joban_307
    @joban_307 6 місяців тому +1

    He’s the waymaker of many people. GEM

  • @truthspeaks623
    @truthspeaks623 Місяць тому

    I bought a 10yr old Mercedes sedan for $12,000 cash. Wonderful little car, hasn't cost me much. Albiet not outrageously practical.

  • @ejay6760
    @ejay6760 6 місяців тому +1

    #10 might be the most important

  • @DerekLochan
    @DerekLochan 6 місяців тому

    Thank you

  • @AthenaTheWolf
    @AthenaTheWolf 6 місяців тому +1

    wish you would put time stamps

  • @lakhvirs
    @lakhvirs 3 місяці тому

    I have tried few times already and never email briefs media but no email .

    • @MinorityMindset
      @MinorityMindset  3 місяці тому

      That's strange! Send us an email: hello@briefs.co and someone will be able to help

  • @johna1811
    @johna1811 6 місяців тому +2

    how can you Love your neighbor as you Love yourself if you in constant competition with your neighbors? Love is never competitive with itself so its either selfish investments with monetary gain or selfless sacrifice in Love -willy wonka

    • @rodericgammons
      @rodericgammons 6 місяців тому

      That's not true. Mostly selfish people compete, but good people manage what they have.

    • @Dividendflywheel
      @Dividendflywheel 6 місяців тому

      Consider this. Investing is not selfish if you are enabling (your neighbor) a business owner grow their business. And the business owner thanks you (rewards you) for helping him or someone else in the future. By paying you interest on the money you loaned him or her. 😊😊😊 This is how I helped my neighbor the plumber. And his neighbor the mechanic. And we all invested in a neighbor starting a restaurant. Remember wealth is created by offering products and services (your neighbors), people want and need

    • @johna1811
      @johna1811 6 місяців тому

      @@Dividendflywheel oh i totally agree with you brother i was comparing things of economics to things that are utopian, but thanks anyhow i really appreciate your imput mate🙂

    • @johna1811
      @johna1811 6 місяців тому

      @@rodericgammons does love compete with itself? & the point i made was not about good management skill, but thanks anyway..

  • @Munce72
    @Munce72 5 місяців тому

    Great work Jaspreet! Scooby snacks for you.
    Praying for the USA and the entire World.
    My allegiance is to Liberty, and the Repubic.

  • @GordonSanders-f6i
    @GordonSanders-f6i Місяць тому

    One smart guy

  • @lopakakauakahi9263
    @lopakakauakahi9263 6 місяців тому

    Minority mindset Forever!🎉

  • @Punisher6010
    @Punisher6010 6 місяців тому

    Good morning jaspreet what are the Atf i can join for trading

  • @garywickman2659
    @garywickman2659 6 місяців тому

    This Guy Knows What He's Talking About

  • @lcjennah1
    @lcjennah1 6 місяців тому

    It’s called Pennywise and Pound Foolish. At least you realized it because I have so many friends that I had to cut off because it started dipping into my pocket.

  • @paullal6759
    @paullal6759 6 місяців тому

    I bought Black Rock stock for 54300$. Waiting for payday 😅😅😅😅😊😊

  • @dennmillsch
    @dennmillsch 6 місяців тому +1

    "A penny saved..." ??? My version is "A penny saved is two pennies earned (after factoring in taxes)"

  • @johnsnow6019
    @johnsnow6019 3 місяці тому

    Use bookmarks singh, can't scroll thru fast enough

  • @nadeemmaqbool4088
    @nadeemmaqbool4088 6 місяців тому

    Excelent

  • @rod1147
    @rod1147 3 місяці тому

    "at least once a day" 😮‍💨

  • @schawnettarobinson8584
    @schawnettarobinson8584 5 місяців тому

    People are envious.

  • @marine3836e
    @marine3836e 6 місяців тому +1

    More money more problems!

  • @5dayMovingAverage
    @5dayMovingAverage 6 місяців тому

    Once you know better, and you hear GME pops 100, you known you can go long PUTS😂😂😂😂

  • @chaconswrenchin3557
    @chaconswrenchin3557 25 днів тому

    💪🏼💪🏼💪🏼

  • @social3ngin33rin
    @social3ngin33rin 6 місяців тому

    if the food is "lost" they will remake your order for free

  • @Alicia75700
    @Alicia75700 5 місяців тому

    I hear a lot of talk but why dont you show us how to invest and wich is the best stock market, did you family help you with your fist home that you both? most of us have no one to give us a down payment for anything.