Jaspreet Singh

And it starts with that mindset.

Money is a tool.

And then it's number three, money is abundant.

This one is a tough one, but it is one of the most powerful tools to become financially successful.

Let's say now you make $50,000 a year and you start to watch some financial education content on YouTube and you're like, oh, wow, I like this idea to invest my money.

And you become extremely aggressive and you find a way to live off of $40,000 and invest $10,000 a year.

Well, what happens to a lot of people in this situation is you say, you know what Jaspreet, I want to do more of this.

I want to be more of an investor because I can see that light at the end of the tunnel.

I'm going to live now, instead of off of $40,000 a year, I'm going to live off of $38,000 a year and put aside $12,000.

Then maybe I live off of $37,000.

I'm going to invest $13,000.

This is a scarcity mindset way of thinking because you think that there's a limited pie and you can just squeeze more pennies out of the pie.

I mean, everybody on the internet talks about why you need to stop digging Starbucks so you can have $5 more to invest.

Well, let's flip that just a little bit.

You make $50,000 a year, you're saving and investing 10,000.

But what if now you work to earn $500,000 a year?

And if you were going to save and invest that same percentage of your income, that means now you can save and invest $100,000 a year.

Now, the first time you hear that, your response is probably going to be, Jaspreet, you are out of your mind.

My boss is not going to 10x my income.

How am I supposed to go from 50 grand to $500,000 a year?