You Are Guaranteed To Go Broke If You Do This | How Money Works Minority Mindset

*eBook covers where you should invest*

How to become a millionaire with $4/day:
Invest $4 every single day from the day you turn 18 until the day you turn 65. If you can get a 9.5% annual return on your money, you will retire a millionaire. Watch our other videos for more!

I'm Jaspreet Singh & I created Minority Mindset to motivate, teach, and inspire others to do what they want. While going to school and starting my businesses, I realized school is really good at teaching you to be an employee, but it doesn’t teach you to create value & it doesn’t teach you anything about financial literacy. That’s why we’re here. And, no, we are not trying to sell you one of those “bootcamps” or “masterclasses” on how to get rich.

A community of hustlers and entrepreneurs; we are on a mission to motivate, teach, and inspire entrepreneurs and hustlers to be the best they can be, because average sucks. Only a minority of people will risk it all to make their dreams a reality - will you? #ThinkMinority #MIH #FinancialLiteracy

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Maybe that’s why the banks spend 17 billion dollars a year on advertising. So we can pay them to become rich, while we become broke.
That’s why Minority Mindset is here.
The majority of people work their whole life so one day they can retire to finally live the life they want, all while they are sacrificing their time, their health, and their youth. But why not live life on your terms, getting paid what you want, so you can do what you enjoy.
Unrealistic? Yeah that’s what the majority of people say. Which is why it will always be unrealistic for them.
As Steven Covey says, you have to start with the end in mind. If that is the type of life you want to live, then you have to work towards that goal. If you don’t want to live like the majority, then you can’t do what the majority does.
It not going to be easy, it’s not going to happen by itself, and no one is going to do it for you. But it can be done, and you can do it too but you have to be willing to work for it. No more excuses. So subscribe to the Minority Mindset

Based in Detroit.
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 - 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.

[sidharthchand]

Also don't buy useless shit like a 50k car making 50K a year

[prdeacon]

Financial illiterate in America is not a mistake. It is a plan that is working perfectly.

[donovandunlap]

What he's saying is 100% true. Rich people do not keep their money in banks, they keep their money invested. That is how the rich stay rich. If high schools taught this, the economy would be so much better off. Thanks for this video.

[jnrages]

If you're interest rate isn't better than inflation, you're going backwards

[ohcomeon]

in order for businesses to go rich you need to go poor. get some self control and only buy what you really need. stop being an addict

[LDLeDay]

a big problem is people living above their means. if you're living from paycheck to paycheck, you probably don't need that new iPhone or that new pair of jeans or shoes everyone else you know is rocking. starts with prioritizing your every dollar. also, my Dad is a big believer in always having AT LEAST two or three sources of income at all times. this way, you always have something to fall back on. living by this has worked out "good", so far. a good way to do this easily is to go to your local sheriff's auction and by properties for cheap and flip them. that's what I've been doing on the side, as of late. I'm no expert, but I do love and appreciate to see people in my generation thinking ahead and putting in that work like this vid.

[allighoul]

This guy is the shit. That's a compliment.

[eloylopez]

You have enlightened me from my Ignorance.

[nicoz]

my friends make fun of me for investing in stocks. when I tell them that banking is a guaranteed loss, they just sneer.

[zapatastyle]

The interest vs inflation example was simply and well explained - thank you !!

[CrystalPharaoh]

To your audience I would like to compliment you as a Sikh.
I lived in India and Nepal. I have been to the Golden Temple.
Many people watching you might think you are Arab. But
I believe you are a Sikh man- which is a compliment to you.
Sikhs are an unusual group in Asia because they are largely
pro American. When I lived in India it was during the
Vietnam war era- and the Indian Government hated America
and Americans were often persecuted in India and treated as
3rd class people. In this anti-American environment Sikhs,
on numerous occasions, helped me in secret. And when Indian
security control accused me of being a CIA spy and set out
to arrest me (I wasn't CIA)  Sikhs hid me in a large trunk and
smuggled me out of the Country risking their lives.
It is  little known but the Sikh people are true friends of America.

[ramirezgringo]

why didn't I find this channel earlier...

[rasunfrmqns]

" if you don't want to live like the majority you can't keep doing the same thing as the majority " -2017 mantra

[mrkaspy]

should make a video about how young adults are wasting money.

[Pinkie]

Man I remember watching this years ago. This channel is such a gem. No fake guru BS.
It’s simple yet straight to the point advice for absolute beginners and that’s what I love about it. I’ve come so far now I’m still learning new things everyday about finance, but this channel is where it all started for me.
Thanks 🙏 keep doing what you’re doing.

[iTzMattz]

Thank you for creating the Minority Mindset - this is knowledge everyone needs to know!!!

[sergio]

Work, pay your self, pay bills, keep a little extra cash. Set up a IRA and invest ur savings. Oh real estate is gold. That's how my 3 bosses got rich asf

[superbros]

This life is so hard to live these days, you have fake people everywhere from scammers to liars. Its really stressful in today's world, and school is the root of it.

[AmongUs-mbqx]

I wanna grow a beard like that, it looks so sikh!

[itsarendezvous]

A saving account is not an investment; I hope nobody thinks it is. The true problem is along those lines though because people think saving is sufficient not recognizing the opportunity cost of not actually investing and earning money.