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Jaspreet Singh

👤 Person
884 total appearances

Appearances Over Time

Podcast Appearances

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

Well, I think it's everybody. I wouldn't say one over the other. It depends on the percentage of money you're keeping for yourself versus spending. Because if you make a million dollars a year and you're spending 110% of your money a year, but you're making 50 versus somebody else is making 50 grand, I'm living off of 75,000.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

Well, I think it's everybody. I wouldn't say one over the other. It depends on the percentage of money you're keeping for yourself versus spending. Because if you make a million dollars a year and you're spending 110% of your money a year, but you're making 50 versus somebody else is making 50 grand, I'm living off of 75,000.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

I'm more worried about the million dollar a year person because you are one bad step away from bankruptcy versus if you're making 50 grand a year, but you're smart with your money, which I've met a lot of people doing that. you're ready for whatever happens. And you said, bring it on because I'm going to find the opportunity. It's a very different mindset.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

I'm more worried about the million dollar a year person because you are one bad step away from bankruptcy versus if you're making 50 grand a year, but you're smart with your money, which I've met a lot of people doing that. you're ready for whatever happens. And you said, bring it on because I'm going to find the opportunity. It's a very different mindset.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

You know, the first... My wife grew up with... a very tough financial upbringing. And when we got married, she always expressed that she would want to... She'd always wanted a designer purse or some other things like that. And so she went out and I wanted to make sure she had whatever she wanted. So she got the designer purses and all that nice stuff. And then pretty quickly, she realizes, okay...

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

You know, the first... My wife grew up with... a very tough financial upbringing. And when we got married, she always expressed that she would want to... She'd always wanted a designer purse or some other things like that. And so she went out and I wanted to make sure she had whatever she wanted. So she got the designer purses and all that nice stuff. And then pretty quickly, she realizes, okay...

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

This doesn't really give me much fulfillment. Now what? Now what? I can buy my purses, but it doesn't. The attraction to these things are the highest when you can't afford them. When you can comfortably afford it. You no longer really crave that stuff. Now you realize, well, what's something bigger? What's going to really give me that fulfillment? What is going to give me those memories?

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

This doesn't really give me much fulfillment. Now what? Now what? I can buy my purses, but it doesn't. The attraction to these things are the highest when you can't afford them. When you can comfortably afford it. You no longer really crave that stuff. Now you realize, well, what's something bigger? What's going to really give me that fulfillment? What is going to give me those memories?

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

And it really goes back to what you were just saying, which is a mindset shift. Because everyone says, oh, it's going to suck living smaller. It's going to suck doing this. Well, it doesn't have to. I'm sure when you were starting your business, you were working hard, but you were probably having the time of your life. Yeah, it was a thrill. I mean, there's ups and downs.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

And it really goes back to what you were just saying, which is a mindset shift. Because everyone says, oh, it's going to suck living smaller. It's going to suck doing this. Well, it doesn't have to. I'm sure when you were starting your business, you were working hard, but you were probably having the time of your life. Yeah, it was a thrill. I mean, there's ups and downs.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

There's ups and downs, but when I was first getting started, when I started my party promotion business, I knew nothing about anything. I was a naive 17-year-old kid. I mean, I was really financially dumb. But I knew I wanted to start building some income and start doing more things with my money. And I had two other guy friends that were doing this with me.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

There's ups and downs, but when I was first getting started, when I started my party promotion business, I knew nothing about anything. I was a naive 17-year-old kid. I mean, I was really financially dumb. But I knew I wanted to start building some income and start doing more things with my money. And I had two other guy friends that were doing this with me.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

They were kind of like partners that we worked hard with. And we were working around the clock, but we were having the time of our lives. It was tough. I mean, we were working hard, but we were having so much fun. We were laughing so much because we were... Just having fun. And it's really like- It can be exciting too, all this new adventure. Yeah. And it's really that mind, again, mindset.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

They were kind of like partners that we worked hard with. And we were working around the clock, but we were having the time of our lives. It was tough. I mean, we were working hard, but we were having so much fun. We were laughing so much because we were... Just having fun. And it's really like- It can be exciting too, all this new adventure. Yeah. And it's really that mind, again, mindset.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

It's a cultural shift too. When you grow up in a country like America where resources are plentiful, it's hard to sometimes see them because in other countries, they're not always there. And unfortunately, a lot of people don't realize that when you're in a country like America, if you can understand the words that I'm saying, You have the opportunities to build wealth.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

It's a cultural shift too. When you grow up in a country like America where resources are plentiful, it's hard to sometimes see them because in other countries, they're not always there. And unfortunately, a lot of people don't realize that when you're in a country like America, if you can understand the words that I'm saying, You have the opportunities to build wealth.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

You have the opportunities to do whatever you want, where you might not get those opportunities in other parts of the world. And when you have so much, we'll call it privilege, of being able to speak English, of being able to be in a first world country, you start to then create victimizations of yourself and you start to create these like, it's difficult for me because of X, Y, and Z.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

You have the opportunities to do whatever you want, where you might not get those opportunities in other parts of the world. And when you have so much, we'll call it privilege, of being able to speak English, of being able to be in a first world country, you start to then create victimizations of yourself and you start to create these like, it's difficult for me because of X, Y, and Z.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

versus other parts of the world, you might not have that privilege. Again, I make a lot of mistakes, so I would definitely not want to put myself as a perfect person or anything even close. I make a lot of mistakes in every which way, but I think the goal is always just to try to be a little bit better every day. You can improve no matter where you are.

The School of Greatness
5 Money Beliefs To Rewire Your Mind For Wealth

versus other parts of the world, you might not have that privilege. Again, I make a lot of mistakes, so I would definitely not want to put myself as a perfect person or anything even close. I make a lot of mistakes in every which way, but I think the goal is always just to try to be a little bit better every day. You can improve no matter where you are.