Jaspreet Singh
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Podcast Appearances
People don't like when I say this, but I don't say what I say to make friends. I say what I say to help people be better with money. There's a lot of people that are lacking financial education. And we're taught, study hard, get a good job. And if you continue working down that path, you're going to become successful.
People don't like when I say this, but I don't say what I say to make friends. I say what I say to help people be better with money. There's a lot of people that are lacking financial education. And we're taught, study hard, get a good job. And if you continue working down that path, you're going to become successful.
Yet most people buy a house they can't afford and statistically are living paycheck to paycheck. In fact, that's 78% of Americans. Because ironically, the key thing that keeps so many people poor for the rest of their life is they're scared to look broke. So what do I do? Well, the first thing you gotta understand is the 75-15-10 plan, which is... But now let's dig this a little bit deeper.
Yet most people buy a house they can't afford and statistically are living paycheck to paycheck. In fact, that's 78% of Americans. Because ironically, the key thing that keeps so many people poor for the rest of their life is they're scared to look broke. So what do I do? Well, the first thing you gotta understand is the 75-15-10 plan, which is... But now let's dig this a little bit deeper.
And let's talk about making money. I put my money in five places. That has been proven to win. Number one.
And let's talk about making money. I put my money in five places. That has been proven to win. Number one.
Anybody who uses money, which is everybody. The interesting thing about money is we use money every single day. It costs money to eat and it costs money to feed other people. Yet most of us are never taught about money. So most people say, money doesn't matter. I shouldn't think about money. I shouldn't have to worry about money. Money is bad, money is evil.
Anybody who uses money, which is everybody. The interesting thing about money is we use money every single day. It costs money to eat and it costs money to feed other people. Yet most of us are never taught about money. So most people say, money doesn't matter. I shouldn't think about money. I shouldn't have to worry about money. Money is bad, money is evil.
When in reality, it costs money to eat and it costs money to feed other people. And when you don't understand that, now you're the one that's going to be paying the highest taxes. Du bist derjenige, der nicht mehr Geld bezahlen kann. Du bist derjenige, der nicht mehr in Disney World gehen kann.
When in reality, it costs money to eat and it costs money to feed other people. And when you don't understand that, now you're the one that's going to be paying the highest taxes. Du bist derjenige, der nicht mehr Geld bezahlen kann. Du bist derjenige, der nicht mehr in Disney World gehen kann.
Du bist derjenige, der nicht mehr dafĂŒr bezahlen kann, dass deine Frau, dein Mann oder dein Vater ein tolles Geschenk haben. Und du bist derjenige, der nicht mehr dafĂŒr bezahlen kann, dass deine Eltern ein Gesundheitssystem haben. Und du fragst dich, warum? Und in diesem ökonomischen System, in dem wir alle leben, geht es um Geld.
Du bist derjenige, der nicht mehr dafĂŒr bezahlen kann, dass deine Frau, dein Mann oder dein Vater ein tolles Geschenk haben. Und du bist derjenige, der nicht mehr dafĂŒr bezahlen kann, dass deine Eltern ein Gesundheitssystem haben. Und du fragst dich, warum? Und in diesem ökonomischen System, in dem wir alle leben, geht es um Geld.
Und solange du das verstehst, wirst du in diesem System niemals gewinnen können.
Und solange du das verstehst, wirst du in diesem System niemals gewinnen können.
One key difference. People that become wealthy understand how money works. And everybody else does not. And I'll tell you where I came to this conclusion. I checked all the boxes. I studied hard in school. I went through high school. I went to college. I spent one year in graduate school. And then I went through law school. But I never once learned to think about money.
One key difference. People that become wealthy understand how money works. And everybody else does not. And I'll tell you where I came to this conclusion. I checked all the boxes. I studied hard in school. I went through high school. I went to college. I spent one year in graduate school. And then I went through law school. But I never once learned to think about money.
I never once learned to think about building wealth. I never once learned to think about investing. I never once learned to think about passive income. But if you look at the wealthiest people in the world, They don't get there by working a job and getting a raise. They don't get there by working to climb the corporate ladder. They get there because they understand how money works.
I never once learned to think about building wealth. I never once learned to think about investing. I never once learned to think about passive income. But if you look at the wealthiest people in the world, They don't get there by working a job and getting a raise. They don't get there by working to climb the corporate ladder. They get there because they understand how money works.
And they understand how to win in the economic system. And the crazy thing about that is we're all taught to trust the system. My parents are immigrants from a state in India called Punjab. And like many other traditional Indian immigrants, they wanted me to become successful. In meinem Haus war die Definition von Erfolg sehr einfach. Sie gaben mir zwei Optionen. Ich kann es schÀtzen.
And they understand how to win in the economic system. And the crazy thing about that is we're all taught to trust the system. My parents are immigrants from a state in India called Punjab. And like many other traditional Indian immigrants, they wanted me to become successful. In meinem Haus war die Definition von Erfolg sehr einfach. Sie gaben mir zwei Optionen. Ich kann es schÀtzen.