Jaspreet Singh
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know that I'm going to do 75, 15, 10.
I know how to spend my money.
Now let me earn more money.
And this is the part that many people get flipped because they assume that I just need to make some more money.
Well, if you make more money without knowing what to do with that money, you make more money and then you make other people rich with it because you just go and spend it.
This is where now it is important for you to figure out how can you earn more money.
Maybe you ask for a raise at your job.
Maybe you get a second job.
Maybe you create your own business.
Maybe you learn how to utilize artificial intelligence.
You find ways to earn more money, but you keep following that system, the 75-15-10.
And that's the key is as you earn more money, you keep investing more money because that's what's going to make you wealthy.
And then finally, at the top, step number seven is you have to protect your assets.
And there's two parts to this.
Number one is you got to understand the legal side.
That means understanding taxes because taxes can be one of the biggest expenses that you have to pay.
You have to understand how do you pass this wealth down?
How do you put shields around you?
Because when people realize you have money, they're going to want some of it for themselves.
And this also means how do you give back?