Jaspreet Singh

Not just somebody, a very profitable corporation because they know how to make money off of you with a 0% APR.

Why?

Because that 0% APR, number one, it's going to make it much easier for you to buy the new iPhone more often.

Number two, you don't feel the pain of $1,000 leaving your bank account.

It's just $50 a month.

Number three,

When you buy the new phone, well, now they can sell you the new AirPods, the new charger, the new case for it.

And then number four, they know that a lot of people are not going to pay it off in time.

And now they're going to slap on that 15%, 20%, 25% interest, which then makes them even wealthier, which is why you should not be financing things even at 0% APR.

If it doesn't put money in your pocket, do not finance it.

The only exception is the house that you live in.

And then my rule of five.

If you can't buy five of them, you can't afford one of them, especially for luxuries.

So you want to buy a nice $1,000 watch, you better have $5,000.

Of disposable income.

Of extra money.

Yeah.

Now we can get into the next step, which is how do you earn more money?

This is step number six.

Because now we know how to create a system with your money.