The 6-Step Formula To Become A MILLIONAIRE In 2023 (How To Build Wealth) | Jaspreet Singh

Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. Although he didn’t receive any formal financial education – he is on a mission to make financial education fun and accessible. Every time Jaspreet is on the show, I learn something new, timely, and valuable – and I hope you do as well! And now, let’s jump into Episode 1,327 of The School of Greatness.
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[INTUITIVENORSK]

This man doesn't receive the absolute credit that he truly deserves.
His knowledge & his free advice on this show is sterling, plus, he's a very intelligent & wise man!!
Thank you, Jaspreet Singh!

[theindivisible]

Schools won't teach you this.. that's why a financially literate dad is very important to a child's life

[NSAKEY]

This is why the education system needs to be restructured in this country. Kids need to be learning about real-life, practical subjects like building credit, investing/entrepreneurship, taxes, financial management and even basic things like how to change a tire etc.. Some of the primary subjects that are being taught should be viewed as electives.

[Invictuswinners]

I've just forwarded this video to my 4 adult children (23-32) stating "I wish I had this advice when I was their age; set time aside watch and action"

[abcabc]

1:57 Step 1 - Get your mindset right (Believe in yourself)
5:52 Step 2 - Create financial base ($2K emergency fund/get rid of high-interest debt)
11:55 Step 3 - Lead your money (Create a system to invest your money)
17:05 Step 4 - Interest-free living
22:29 Step 5 - Multiply your income
33:34 Step 6 - Be great

Thanks to @revtune for finding steps 4 and 6!

[anelyguerrero]

This man is so generous with his knowledge. I really appreciate this video! Thank you!

[MikeSmith-nuwt]

I was born in the struggle, I put my back to the wall and I worked ..as hard as I could, as long as I could ..I blinked my eyes and 25 years went buy, because I loved what I did ..otr truck driver, by the time the government screwed that career up, I stopped to look up and seen light at the end of the tunnel ..I couldn't buy a new truck at that time and that was my dream ( epa ruined that ) so I quit, payed off the house ...switched careers, moved south 1300 miles, and started over ...im happy to say I did it again, and in a shorter time, and a much bigger piece of the pie ...now I wish I knew how to manage all this 😕 very close to debt free ..a long long time coming goal ..

[gurpalsingh]

First and Foremost rule is Discipline Discipline Discipline.

[reinkukaicker]

The best line that really worked for me was Real wealth is created through Investments and not savings

[salma_techie]

I love Indians because they never sugar coat anything. thanks Jaspreet Singh, so proud of you.

[Biosynthnut]

At 45, this dude has helped me understand more in the last three months. Than anything on this subject .

[BELIZECTD]

Yes, yes, yes! Thank you both for such a timely segment. Jaspreet is one of the more lucid voice on personal finance. I am glad I found him through this channel and I am now following him as well.

[igniteyoursparkle]

Jaspreet is absolutely amazing! Thank you so much for the episode. Priceless 🙏

[bwa]

Income - Expenses = Investments + Savings 💡✍

[NSAKEY]

The answer to giving is simply to decide on a predetermined, monthly or yearly allowance and stick to it. Once the funds are gone, that's it until next month/year etc.. Tell people to come back then. First-come, first-serve. You can break this up even further and allocate a percentage of that allowance to family-only or whatever else that you care about. You can even set limits per person or group to make things fair. By removing yourself from the equation and establishing a system, people tend to complain less and stop making things personal. Just as you allocate a percentage to saving, investing, tithes or whatever, you allocate a percentage to charity.

[phillipchupik]

I am learning slowly at 47.... but I'm learning, thank you 🙏🙏🙏

[sebytro]

Yes! Definitely! Jaspreet is really awesome to listen to when it comes to financial advice.

[LatinaBarbi]

Question - passive investments? Does that also mean maxing your 401K?

[sansiaray]

This is so different from anything else i have heard but also makes more sense. It makes me feel like I can do this too in a small way as I'm single mother with no help but this is super inspiring. Thank u gentlemen 💕🙏💕

[eugenemurray]

'I learnt far more from my failures...
Than I ever did from my successes'
Sir. Richard Branson