5 Signs You Are FAKE RICH

. Yes, there is a difference between being real rich and fake rich and in this video we are going to go over 5 things that make you fake rich.

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5 Signs You Are FAKE RICH
0:10 - Would you rather look rich or be rich
0:54 - The first sign you’re fake rich is you drive a financed car that you can’t afford
2:24 - You’re fake rich if you can afford to go to music festivals but you don’t invest in your mind
3:17 - You’re fake rich if you know how to shop for products but don’t know how to invest in companies
4:12 - You’re fake rich if you own a big house but a small savings account
5:35 - You’re fake rich if you make a lot of money but can’t afford your time

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 #ThinkMinority

Twitter: @M2JaspreetSingh
Personal Instagram: @M2JaspreetSingh

Video host: Jaspreet Singh

[DavidFaris]

Thumbs up for the master of rich. I have been following this channel for a few months. This next month, I will be able to cover a $1000 emergency. One step closer to not being fake rich.

[ChrisInvests]

There are too many fake rich people who are really just broke. I always teach my subscribers to live below their means but to also expand their means 🤔👍

[chilepeulla]

Jaspreet: “Or you wanted to see what lame jokes I have planned for today”

Me: “You got me”

[Je.rone_]

Faking rich is surprisingly common in the U.S.

[ravzb]

Erm so Jaspreet you're telling me that unicorn that I brought with my overdraft money makes me fake rich? 🤔

I don't see you having a unicorn. 🦄

[OscarMartinez]

Fake it till you make it is the biggest trend happening right now 🙄 everybody wants to “look” like a successful “entrepreneur “ until they realize you actually have to put in work to be one. Remember the most wealthiest people don’t even look rich. 😏

[MrRawoc]

Reason why I'd rather be wealthy, not rich!!! Thx JS.

[fbboysf]

referring to someone's savings account: "aw, it's so cute" lmaoooo

[JazzyArcher]

Omg please tell it again. Just play a loop of this message for the next 12 hours since it's payday for some. I agree with JayZ, the definition of able to afford something is when you can BUY the same item 3 times. Financing is a trap, but sometimes it's the only path if you are smart and strategic with it.

[CHman]

This will definitely cause some butt hurt. Lol. I work with fools like that. They shame me for my paid off 2010 Elantra because they have their gas guzzling $700 a month Mustang and feel I should be spending recklessly as well. Then they assume I'm not happy because I don't spend like Congress. It's tough sometimes being in the minority because of how most of society views us. They see us as "miserable" and having "no life". But my pay off will come. My day will come in due time and I'll get the last laugh.

[SpaceLegendsOfficial]

I’m getting a new lambo. “Orders a green screen”

[TheLifeFormulaa]

The millionaire next door is a great book to read on the topic of fake rich vs real rich

[kendavis]

LOL - 1 - two cars between my wife and me (well, mine is a truck). Both paid off (but they still require license plates, oils changes, I've changed a battery in the truck, tires every once in a while, but you know the drill.) Both paid off early, because we HATE non-performing debt.
2 - No interest in spending money on "music festivals", though as a former member of a local band, I enjoy the occasional night out with the wife to listen to music at a local bar - heck I know some of those guys! The better-three quarters even sometimes wants to go to a concert, but that is rare and we can afford it.
3 - Got me some of that sweet, sweet stock (but I let a manager actually handle what I own. Costs about 1%, but I am too ADHD to try to pay attention to tracking, and I think that is not an unreasonable fee. And they seem to make me more money in the investments than I made when it was all just blindly thrown into various 401k and IRA accounts.)
4 - House is paid for! (Well, we still set aside about $500/month to cover annual taxes and insurance.) Got a reasonable 12 month's in spendable savings. Still, I have three mortgages, but those are performing assets in the form of rental property. There is a much bigger note on an apartment complex, but I'm just a 5% member of an LLC. But that one turns a 9% return (though the investors agreed to only take out about 7.5% to build additional equity, so that we don't ever have to have a dreaded "cash call" if the capitalization proves too low - but so far, so good.)
5 - I retired at 59 1/2, and nope, don't do conspicuous consumption. But I am driving down to Austin later today to celebrate the 60th birthday of a college bud (who actually also retired early.)


If people would take your very good advice, they'd be much better off! Thumbs up.

[BeybladeDad]

What's up everyone I'm glad to see you Jaspreet! I'm showing this to my wife!!

[ossen]

Couple of my friends have worked as taxi drivers and there were telling stories about people who would order a ride all the way from suburbs and ghettos to the luxurious areas with fancy night life. There weren’t living the life, if you could say that. Tragic.

[CatLifeAnimalRescue]

Jaspreet this should have been concluded with the rule of "if you can't buy five of them, you can't afford one". Thanks for another great video.

[ShariKaye]

This is spot on! People covet things and people with things. Then go and try to act as if they are “The people with the things”. It’s exhausting just thinking about it😒. Your worth should not be tied to how you think someone else perceives you based on what you can/can not afford. It’s an empty game.

[SermonsForLife]

🏅Great video: Entertaining and Extremely True! Keep up the great content! 👍🏻

[monis]

Here for the lame jokes 🤫🤣 Great video!

[winchucky]

I enjoy listening to you. You always make me think. What is your opinion on whole life insurance?