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Jaspreet Singh

๐Ÿ‘ค Speaker
2690 total appearances

Appearances Over Time

Podcast Appearances

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

What I'm saying is you have to understand that when you go to work, you now have to take some of that money and become an investor.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Now, when you do that, now you can start to get into the practical steps of what you do with your money.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

So we talked about now step number one,

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

is you have to build the mindset.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Now you have to learn the rules of money.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Now we get into the practical side, which is step number three, get out of the financial danger zone.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

And what I mean by that is the very first thing you have to do is save $2,000 as fast as possible.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Just $2,000.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Just start with $2,000 as a start and then pay off your credit card debt.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Half of America today does not have $1,000.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

but aside to protect them against emergency.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

So if your car breaks down, your kid gets sick, your window breaks, the average person has to go into debt to pay for that expense.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

You have zero breathing room.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

If you want to go on vacation, you want to do anything, you have to go into debt to do that.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

So we need to stop that.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

I call this the financial danger zone.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

You need to save $2,000 as fast as possible.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

And the way you can do that is by spending less or working to earn more.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

And you have to make some extreme sacrifice if you don't have that.

On Purpose with Jay Shetty
Jaspreet Singh: Why Most People Stay Broke (Follow THIS 7-Step System to FINALLY Stop Living Paycheck-to-Paycheck!)

Oh, man.