Jaspreet Singh

And you have to understand that more money will allow you to fulfill the financial part of your life, which is important.

But the only way you get there is by getting on the same page about money and building that separation between the emotional side of money and the logic side of money.

And that can be difficult because oftentimes, especially when we're struggling with money, we're thinking emotionally.

Why is it that the casinos are in the poorest neighborhoods?

Why is it that all these stores are designed to profit off of people that don't have money?

It's because when you don't have money, man, it is easy to say, hey,

Let me give you a dopamine hit.

Buy this nice pair of shoes, buy this Gucci purse, buy this whatever thing to the people that can least afford it because it gives you that emotional rush that, oh, that spending therapy.

But that's the same thing that's keeping you broke.

You look rich, you feel better for the moment, and then you have to pay it back plus interest, right?

And in the beginning of this podcast, I said our system is designed to profit off of people that don't understand this.

Well, the reality is our system is designed to profit off of keeping you poor.

And it's going to sound harsh, but the reality is banks profit when you are in debt.

The more debt you are in, the more money they make.

Corporations profit when you spend money.

The more you spend, the more they make.

The government profits when you are financially uneducated because now you're going to pay the highest taxes and you're going to be stuck relying on the government when in reality, when you become financially educated, you can pay less money in taxes legally.

And not need those same services per se from the government.

That's why the financial education is so important.

But the only way you can get there is if you can separate the emotional side from the logic side.