If You Have $5000 In The Bank DO THESE 5 Things

*This is an ad. Minority Mindset is a paid partner with Policygenius. If you use them, we will get compensated but there's no additional cost to you.

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If You Have $5000 In The Bank DO THESE 5 Things
0:00 - video starts
0:45 - Understand your savings
3:40 - Pay down your debt
7:30 - Invest your money
13:25 - Protect your assets
17:00 - Invest in your education

What Is The Minority Mindset?
It's thinking differently than the majority of people.

Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich

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*We are compensated when you click on or are approved for offers. The information in this video and YouTube description was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities.

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Video host: Jaspreet Singh

DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.

DISCLAIMER CONT'D: I'm just a random guy on YouTube 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.

[SportZFanLfe]

I'm about to drop $2, 500 on getting a Commercial Drivers License (CDL). ... Investing in myself by learning a new skill and starting a new career. 😊

[graytonw]

"By the way, Gucci having a sale is not an emergency." That's when I smacked the like button!

[clarkkaylee]

Just because a stock is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company more. focus on the company, not just the stock price. true words from my Advisor, Jane Marie Kunak...i made over half a million from ALB and NVDA.

[GaugeManiac]

Savings = Shield.
Investing = Weapon
You need both to be effective

[neohero]

Dude you are doing amazing, supporter of your content and keep pushing financial freedom! Thank you for the content 🙏🏽🙌🏽

[veilox]

Just found your channel and I am in love!!! I really wished they'd teach these things in school. Thank you.. Keep up the awesome work!!

[bertrandhall]

Love your info it’s clear fast and gets to the point yes do a real estate class online

[andraacram]

I moved into an rv park which is gonna allow me to save about 700 a month. My car has been paid off. My plan is to save while riding out the craziness going on right now. Hopefully if things die down I’ll be able to take advantage of good deals at that time.

[chuckfoster]

I really Appreciate & Enjoy the the level facts presented.
It's also good reinforcement on the things one may already know or perhaps have forgotten or lost focus on.
Thank you.

[troutmanphoto]

Man I sure could have used a teacher like you in high school. All of the financial missteps I made as a young man could have been avoided. Thank you so much for putting this channel together!👍👏👏

[JosephDickson]

If anyone has 5 to 6k just sitting in the bank. Consider a Roth IRA and keep it simple just invest in an index fund like VTI.

[sirprepsalot]

I shared your videos with my son for a year... he finally is listening (30 YEARS OLD) and subscribed lol.

[GailBecker-MSED-CM-Author]

Your videos are enlightening and inspiring! I also love that you are not boring; you have a great sense of humor.

[Kof_Believer]

Men! You are a blessing to me and many. Thanks for your content. Always waiting for your next. Great job

[chchwoman]

Education us worthless unless you are going to do something with it....crucial advice

[h.h.]

Sardar jee- can you make a video on cash out refi? I got some equity in my house now and rates are low - wanted to consider that but don’t know about pros and cons and the cost of doing it. Thanks!

[tommysayavong]

I would love to watch a realestate class. Love your videos it get straight to the important parts

[jarodz]

This is amongst the best videos I have seen!! Such Rich Content Jaspreet!! And YES! Please make a Real Estate video.. 💎

[jalabi]

Tomorrow I will become credit card debt-free for the first time in quite a while. I would not have been able to do it without The Minority Mindset's videos. You are the man, Jaspreet!

[ijmusic]

Great advise. I continue to increase my knowledge with every video. I’m a GO for the Real estate class! ✊🏼