How To Manage Your Money Like The 1% (75/15/10 Rule) | Jaspreet Singh

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  • Опубликовано: 12 янв 2025

Комментарии • 309

  • @MinorityMindset
    @MinorityMindset  Год назад +571

    Join Market Briefs, my FREE newsletter for investors, here: briefs.co/market/jaspreet
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through RUclips comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

  • @vegas1854
    @vegas1854 Год назад +34

    1.7 million subscribers. Well done, Jaspreet. I just wanted to take a moment and acknowledge you and the value you give to the community via financial education for free.

  • @ashlielepek
    @ashlielepek Год назад +15

    Where have you been all my life? My mindset has completely shifted from watching your videos. This should be taught in all schools.

    • @dslboiz
      @dslboiz 4 месяца назад +2

      I was in debt and he’s so right

    • @jameskilrain38
      @jameskilrain38 16 дней назад

      Yes,100%.

  • @phmiii
    @phmiii Год назад +18

    Fantastic Life Advice! I wish I had learned this when I was in High School.

  • @seymonetko1958
    @seymonetko1958 10 месяцев назад +2

    This video is the blueprint…the prototype. I have listened to it at least three times and step by step I am on my way to building wealth. Thanks for all you do sir

  • @dwightk.schruteiii8454
    @dwightk.schruteiii8454 Год назад +6

    43:09 As much as ive been watching you and other business related, finance related, and entreprenuership related creators and as much as Ive read Robert Kyosaki, Donald Trump, the Go Giver, The compound affect, your video IS JUST NOW been the jolt of electricity that set the light bulb off in my head of all the years of knowledge and content ive consumed on the subject. I've always believed that wealth starts in you mind and that you really don't deserve to be wealthy until you've made THE paradigm shift in your head. I can now confidently say that I am ready to receive wealth.

  • @dresshabt981
    @dresshabt981 Год назад +11

    Jaspreet- you are amazing and very informative. Thanks a million !!

  • @zsanettmezei341
    @zsanettmezei341 Год назад +9

    I am so grateful for your knowledge Jaspreet, thanks a lot. :)

  • @apostolicinthishour
    @apostolicinthishour Год назад +5

    Thank you, Jaspreet! Your information is so great and I appreciate you. Please don't stop!

  • @thisguyfks9250
    @thisguyfks9250 Год назад +52

    I’m currently working on building generational wealth from have zero in the bank. I’m now in my fifth month. The biggest frustration is none of my family members believe it’s possible, they cut me off when I start talking about investing. I have to to make new friends, but I wish it was my love ones I’m building with.

    • @embroideryguy
      @embroideryguy Год назад +16

      There is a major difference between "Family" and "Relatives". Sounds like your relatives are not thinking with you. You need to create your own Family that believes in you and supports you in your journey.

    • @thisguyfks9250
      @thisguyfks9250 Год назад +2

      @@embroideryguy You are 100 percent correct. Thank you Ed.

    • @daCubanaqt
      @daCubanaqt Год назад +11

      Are you trying to get your family to invest with you? I’m telling you now, unless they already have an entrepreneurial mindset, that is a recipe for disaster. If you want to create generational wealth, you need to do it on your own or with a spouse who shares your views.

    • @thisguyfks9250
      @thisguyfks9250 Год назад +1

      @@daCubanaqt That was my original plan. My plan now is to build and then teach. I will give assets to the members who that the time to learn. Build and they will come is the philosophy I’m going by for now.

    • @thisguyfks9250
      @thisguyfks9250 Год назад

      @@daCubanaqt Thanks for your advice. That makes sense of a lot of frustration and confusion.

  • @tauruscolvin
    @tauruscolvin Год назад +31

    Wonder if Jaspreet missed his calling as an economist vs lawyer. Anyway, digestible info presented simply and by a relatable person. Thanks! 😊

  • @richhands5269
    @richhands5269 Год назад +17

    My three favorite channels: Minority Mindset, Stock Brotha, & J Bravo. Make my week complete!

  • @stephaniejohnson1972
    @stephaniejohnson1972 Год назад +5

    Thanks for sharing your exquisite and valuable knowledge, Jaspreet!!

  • @angdavis399
    @angdavis399 Год назад +14

    “It takes Hustle to Create Money, And Money to Grow Money”💪🏾🙏🏾

    • @fender1000100
      @fender1000100 Год назад

      That's right I make my living playing roulette. People said it's impossible. Yet I've been doing it for years.

  • @Kash_Budgetz
    @Kash_Budgetz Год назад +1

    I just joined and I have spent the last two days watching your videos and they are very real raw and valuable and I just joined brief and will now be reading that every morning while having my morning coffee and journaling and prayer time so that I can stay informed and make great desiciions with my money also I just switch from 50/30/20 to 75/15/10 rule as it works better with my budget and my goal is to get my emergency fund and then once done that reallocate that money to my investing account and generate cash flow .

  • @tritonh5683
    @tritonh5683 Год назад +4

    I love these hour long videos. Best thing to listen to when driving

  • @dwightk.schruteiii8454
    @dwightk.schruteiii8454 Год назад +1

    So what im understanding at 4:28 is to use your primary endeavor to buy assets as you previously explanned but then have other ventures on the side to fund a business that you'd hope will produce more return from the mear assets that you bought.

  • @crystalr4457
    @crystalr4457 Год назад +3

    You walked so we can fly! Thank you for teaching us! I’m listening!😊🙏

  • @amenrebun2186
    @amenrebun2186 Год назад +6

    I am very grateful to have come across your channel, Jaspreet. I am in a similar situation as you where my father only says to go get a job to earn a living. Hence, I am a law graduate, following the footsteps of my father in becoming a lawyer. However, he knows not much else about building wealth and as a result of his character, he controls my life preventing me from pursuing any other path. It is difficult at times because money is still a concern and my dad believes that there are no other ways to make it in life except his own. But I know resilience prevails. I will endure and learn all that I can so that, eventually, we can all be financially free.

    • @kaythegardener
      @kaythegardener Год назад +1

      Make a plan to work yourself free!! You have a good background & profession that can take you places very quickly!!

    • @amenrebun2186
      @amenrebun2186 Год назад

      @@kaythegardener Thank you for the words, Kay! I wish you all the blessings to be able to achieve your goals as well!

  • @themagnifique11
    @themagnifique11 Год назад +6

    Your coaching is really inspiring! Thanks from Morocco!

  • @jordanheilmann3533
    @jordanheilmann3533 Год назад +6

    This is pure gold and we all thank you for talking about financial education something the school system doesn’t set you up for

  • @leomalinda2467
    @leomalinda2467 Год назад +1

    One of the best advice on investing brother. Clear am straight to the point. U just gain a subscriber.

  • @YoteHunter50276
    @YoteHunter50276 Год назад +1

    Thank you Jaspreet!

  • @Will-xd3by
    @Will-xd3by Год назад +3

    I feel you loud and clear i struggle with it and recovering addict 10 years clean i didn't do by myself 🙏

    • @huntermay7237
      @huntermay7237 Год назад

      Im two years clean I don't want to be but I have to be I hope I can find financial freedom one day I just fell 165 feet in a excavator and broke my neck and back a month ago and I still have to work or my son won't have a home or food to eat what a life this is

  • @gina468
    @gina468 Год назад +6

    You always deliver

  • @walfytaffy3108
    @walfytaffy3108 Год назад +8

    JASPREET! Happy to be part of your RUclips community sir! I’m learning so much from you man.
    Thanks for all that you do for your followers!

  • @hyster2568
    @hyster2568 11 месяцев назад

    This guy s a total genius!!! Thank you sir!!!

  • @lourdesamaro2613
    @lourdesamaro2613 Год назад

    I’ve heard The se ideas before, but not so well explained. Congrats and Thank you!

  • @jackkennedy1936
    @jackkennedy1936 Год назад +12

    Thank you for all of the advice you are offering to help others out. I wish I had this kind of platform avaialble when I was younger, would have been in a much better place. I will use this info to help my son learn how to make money work better for him going forward with saving and investing smarter.. Opening his new trading account soon to get him going

    • @jessitabonita
      @jessitabonita Год назад +2

      You sound like an awesome father! Blessings to you both! 💛

  • @iamtheclout1912
    @iamtheclout1912 Год назад +1

    OMG I love this man❤ Thank you Lord for sending us Jaspreet

  • @jeremyb239
    @jeremyb239 Год назад +5

    How do we break down a paycheck in the 75 15 10? Do we chop it up in percentages. 75% to ourselves 15% to investments and 10% saving?

  • @sahm5071
    @sahm5071 Год назад +117

    Jaspreet’s Toyota is going to end up being a vintage collectors item worth over a million dollars

    • @dreicharz
      @dreicharz Год назад +17

      Hey my Toyota/20 year old lexus has 300k miles on it but I don't have a monthly car payment and that $800 a month can go into tesla stocks 😀

    • @StephanieMitchell8246
      @StephanieMitchell8246 Год назад +6

      My Toyota Scion has 340K on it

    • @heathatkins2837
      @heathatkins2837 Год назад

      😄😄😄

    • @heathatkins2837
      @heathatkins2837 Год назад +1

      Omg your on point. Thanx for all the amazing info!! You got my sub

    • @robertcolon4998
      @robertcolon4998 Год назад

      I am a Puerto Rican fan because you help people with these videos I finally got my first house I want to learn how to get a second home I am confused because of my pay is the same as when I got my house

  • @lizzibelleuk
    @lizzibelleuk Год назад

    Thanks for all the info I learnt so much today, many blessing so you can continue teaching many people 😊

  • @Resilientindividual
    @Resilientindividual Год назад

    I just started using this method! Exxxxxxcellent idea!!! Doing 60/20/20

  • @kingk1974
    @kingk1974 Год назад

    WOW great video!!!! thank you for all your time!!!

  • @bushiere886
    @bushiere886 Год назад

    listened to a video yesterday by accident , was looking for you today

  • @Rocknload33
    @Rocknload33 Год назад

    Thank you for all of your videos helping us! I am a viewer from Sweden. Not always the easiest to translate to the swedish market but good stuff anyway!

  • @TheNickybear70
    @TheNickybear70 Год назад

    I’m not from the US but this totally resonated ✨🙌

  • @marcovilla_real
    @marcovilla_real Год назад +15

    I’m a big fan of minority mindset and Jaspreet Singh 💯

  • @judynewsom1902
    @judynewsom1902 Год назад +289

    Overall, 51% of traders think it's a good time to invest in stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m thinking of investing $400k into my stock portfolio but unsure about it

    • @AgueroBankz
      @AgueroBankz Год назад +5

      Pls who is this Advisor that guides you? I’m in dire need of one

    • @AgueroBankz
      @AgueroBankz Год назад +3

      I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds

    • @iamisraelvillafana
      @iamisraelvillafana Год назад

      ​@@AgueroBankzscammer

    • @huntermay7237
      @huntermay7237 Год назад +2

      Don't

    • @saltbae6618
      @saltbae6618 Год назад

      @@sting_graylOhh really? $950 K net profit with $550 K investment in few months? Your financial advisor should be Warren Buffett…

  • @jaqueitch
    @jaqueitch Год назад +5

    I've been seeing a lot of companies with absolutely terrible hiring practices. No communication. No motivation to find and attract the best talent. No effort to reach out to candidates who are very interested in engaging with their prospective employer. It is pretty awful.

  • @NEVBB24
    @NEVBB24 Год назад

    This was awesome. Getting ready!

  • @tiana0048
    @tiana0048 Год назад

    I love this guy. God bless him

  • @wilsonanna4951
    @wilsonanna4951 Год назад +4

    The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 6 houses later living off passive income. You’ve got to start taking steps to achieve your goal.

  • @aminazacharya6751
    @aminazacharya6751 Год назад

    Thanks so much for all information 😇🙏

  • @josephmunyao6639
    @josephmunyao6639 Год назад

    Since I'm here listening to this guy's managerial advice, I'm pretty sure through working and spending wisely hence saving money,I hope God's willing, am gonna attain financial freedom in the future. Thanks

  • @geoffyoutube7403
    @geoffyoutube7403 Год назад

    You changed my lifeb jaspreet

  • @DreDredel3
    @DreDredel3 Год назад

    Finally someone who actually knows what their talking about.

  • @acey7861
    @acey7861 Год назад

    THANK YOU FOR SHARING

  • @wholbern
    @wholbern Год назад +1

    Your a gray sleeker, it’s great watch your videos they are really educational 👍

  • @RudolphDocCampos
    @RudolphDocCampos Год назад

    Excellent channel. Excellent advice. Count me in as a subscriber.

  • @tomdrummy4984
    @tomdrummy4984 Год назад +21

    I use the “ I don’t buy a bunch of crap I don’t need” rule. 🙂🤣

  • @AfterAgeProductions
    @AfterAgeProductions Год назад +1

    Exactly what I needed to hear today!! 😊

  • @MrEjblanco
    @MrEjblanco Год назад +3

    Should I focus on paying off my debt first, before I use any of this advice?

    • @IgnoreMeImWrong
      @IgnoreMeImWrong Год назад

      Yeah, if you have debt issues focus on eliminating it if it's bad debt.

  • @missm3999
    @missm3999 Год назад +1

    Pay yourself first and it doesn’t mean going out to buy an expensive Gucci bag, thanks again for this reminder in this video.

  • @SokhengC253
    @SokhengC253 Год назад +1

    Appreciate your knowledge, experiences and I am and will apply myself to have financial freedom. Writing my goals down, visualizing it and taking it step by step. Waking up with an abundance mindset and conquering my personal goals/world. Let’s get it 💪🏽

  • @ZahidTaimoor95
    @ZahidTaimoor95 10 месяцев назад +3

    The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

    • @MiaAva872
      @MiaAva872 10 месяцев назад

      Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich.

    • @TeresaGloria632
      @TeresaGloria632 10 месяцев назад

      Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

    • @NoahWilliam824
      @NoahWilliam824 10 месяцев назад

      " It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."

    • @RandyVincent808
      @RandyVincent808 10 месяцев назад

      Trading under the guidance of an expert is the best strategy for beginners.

    • @SaraEsther242
      @SaraEsther242 10 месяцев назад

      ​@@RandyVincent808Please who is the expert guiding you? I have lost so much as a beginner investing into stock without a proper guidance of an expert.

  • @jacqueliine-op9sn
    @jacqueliine-op9sn Год назад +3

    Saved!! Excellent!! Familiar with...... certain strategy!!!☕

  • @bmanscire
    @bmanscire Год назад

    You’re a good man Jaspreet 👳🏾‍♂️

  • @kimberlydeconcini326
    @kimberlydeconcini326 Год назад

    Love your info, tu so much

  • @michaelskala8445
    @michaelskala8445 Год назад +4

    Those who understand interest earn it and those who don't pay it!

  • @geoffyoutube7403
    @geoffyoutube7403 Год назад

    I already have a minority mindset, your words help to motivate me, I feel inspired by you, thank you.

  • @TexasCoffeeBeans
    @TexasCoffeeBeans Год назад +1

    You need to put chapters in your videos.

  • @rmbree3027
    @rmbree3027 Год назад +1

    Such an amazing video. Thank you Jaspreet!!❤❤

  • @normidwest1316
    @normidwest1316 Год назад

    fabulous information

  • @AGoodHandyman
    @AGoodHandyman Год назад

    This dude is spot on!

  • @RajinderSingh-cp5gg
    @RajinderSingh-cp5gg Год назад

    Intelligent suggestions 👍

  • @ahmedashirov1927
    @ahmedashirov1927 6 месяцев назад

    How do automate this process please? How do i set this up with my bank?

  • @robertduley5446
    @robertduley5446 10 месяцев назад

    True wealth is get rid of credit cards… love your 75/15/10 =100 a week, do able thank you Jaspreet, needed this🙏

  • @FirstJohn418
    @FirstJohn418 Год назад

    Thank you so much

  • @dwalker6868
    @dwalker6868 Год назад

    Thank you

  • @almaur703
    @almaur703 Год назад

    I can’t seem to find a video of yours where you talk about the importance of “giving” to charity. Robert Kiyosaki and Dave Ramsey talk about giving.

  • @ahoypolloi2980
    @ahoypolloi2980 Год назад +2

    “We’re getting skinned alive” is mindset game changer ❤️👍🏻

  • @mikeg.8585
    @mikeg.8585 Год назад

    @JaspreetSingh Do you have a video on how to effectively manage a loan that you use to build a business and what to do when that business fails so that you don't get mired up in debt that you are not done paying yet? Thanks for any link that you can point me to.

  • @andrew5576
    @andrew5576 Год назад +1

    Not the point of the video but, did anyone else notice the receipt @ 2:03 ? Someone bought 1600g (3.5lbs) of peanut butter for $90.

    • @josemv25
      @josemv25 Год назад

      Where can I get that?

    • @andrew5576
      @andrew5576 Год назад

      I just looked in the Walmart app. I can get 9lbs of organic peanut butter for only $76.

    • @andrew5576
      @andrew5576 Год назад

      It has to be shipped in though

    • @andrew5576
      @andrew5576 Год назад

      @@TechNThrive yeah because spending $0.56 (45.89 rupees) for 1.76lbs (800g) of peanut butter makes more sense 😂
      The R probably means retail. Most states have different sales tax rates depending upon what type of product it is. I see letters like that on my Walmart receipts.

    • @Yeah--mn9qk
      @Yeah--mn9qk Год назад

      @@andrew5576 its in rupees

  • @JoseManuelRojo1
    @JoseManuelRojo1 Год назад

    Very good info

  • @kablahj
    @kablahj Год назад

    Where do we take the 75/15/10 from net every check or gross? Or net every month or gross?

  • @aquaconsultance5848
    @aquaconsultance5848 Год назад

    Yes keep it simple

  • @RipMa
    @RipMa Год назад

    My Vanguard account does not allow me to make automatic payments into my ETF. It says I can only do it if I switch it to a mutual fund. Will switching to mutual fund be the move?

  • @randolphbaijnauth2499
    @randolphbaijnauth2499 Год назад +2

    Hey Jaspreet. How do you find the real estate that the banks need to liquidate?

  • @Dukeellington1
    @Dukeellington1 Год назад +1

    I'd love to invest in market briefs too? Can you make it happen please 🙏 I can understand your vision an would love to be involved

  • @badpixels_
    @badpixels_ Год назад

    What a great video

  • @windupmerchant1679
    @windupmerchant1679 Год назад +1

    My wages: 75% Beer, 15% kebabs, 10% bills.

  • @jcub19
    @jcub19 Год назад +2

    Will be trying this 75/15/10 method

  • @King-Wolverine
    @King-Wolverine Год назад +1

    I love how Gucci is the universal “money down the drain“ example😂😂

  • @TheLegend-uq1gz
    @TheLegend-uq1gz 9 месяцев назад

    Is investing in raw land a good idea?

  • @YNOTT197733
    @YNOTT197733 Год назад

    Does the 15 percent include funds invested in 403b account?

  • @dtech1693
    @dtech1693 Год назад

    At the outset of the video, he mentioned being and intreprenuer. Would a 9-5er be classified as an intreprenuer?

    • @IgnoreMeImWrong
      @IgnoreMeImWrong Год назад

      Can be but most likely they aren't because Entrepreneurs work 24 hours a day, typically.

  • @dianaalyssa8726
    @dianaalyssa8726 Год назад

    Thanks

  • @sabinpoudel5441
    @sabinpoudel5441 Год назад

    I am working as a kitchen assistant but want to be an entrepreneur in future. Thank you.

  • @DarkManBeatzUrFace
    @DarkManBeatzUrFace Год назад

    Jaspreet my brother a good friend

  • @77petesgarage
    @77petesgarage Год назад

    This was good

  • @LadariusRobinson
    @LadariusRobinson Год назад

    What was the book he mentioned earlier in the vid about creating a business?

  • @giuseppefracasso7777
    @giuseppefracasso7777 Год назад

    what about it if i have debts to pay,not mortgage,other debts?included on 75%/or reduce 15%/10%/until pay off debts,and catch up with investing and save later?

    • @TacticalPeace
      @TacticalPeace Год назад +3

      Pay off your debts first I don’t know how much you have but chances are your interest rate isn’t pretty. Keeping bad debt longer just cost you more money in the long run.

  • @Dappertrucker
    @Dappertrucker Год назад

    I been putting my money in silver gold platinum and numismatics for a long term savings with potential of growth in value per troy ounces plus rare numismatics value and been thinking about buying into the s&p 500 and other divided stocks for passive income any suggestions if my financial plans are good strategy

  • @DuckDuckgo-mk1fr
    @DuckDuckgo-mk1fr Год назад

    Wishing you Zillions of Blessings brother that keep flowing and flowing! I enjoy your shared knowledge.

  • @feliciaflinders
    @feliciaflinders Год назад +2

    ❤❤❤ great video. The pivotal change for me is to move onto investment in my own business to potentially gain more than stock market and property investment returns 😊😊😊😊❤

  • @dreicharz
    @dreicharz Год назад +3

    Idk i feel like owning a home still has benefits, like not having rent or mortgage payments when im old😢

    • @Vinnie16920
      @Vinnie16920 Год назад +1

      I agree with you - I paid my mortgage off ten years early to be debt free. In this climate the best decision for me. No regrets.

    • @Kunyazaforever
      @Kunyazaforever Год назад

      Then there’s property taxes and depending on where you live it can be a reason not to own a home.

    • @Vinnie16920
      @Vinnie16920 Год назад +1

      @@Kunyazaforever I’m in the U.K. and we pay council tax whether we own the property or whether we are renting so it’s beneficial to own here.

    • @Kunyazaforever
      @Kunyazaforever Год назад

      @@Vinnie16920 well it’s different here. Like I said depending on where you live and circumstances owning isn’t always the best thing.

    • @gitgenKE
      @gitgenKE Год назад +1

      Don't cry child, you will leave it all behind

  • @FinGeek4now
    @FinGeek4now Год назад +4

    45/45/10 here: 45% to bills, 45% to investments, 10% to food

  • @georgestoumbos975
    @georgestoumbos975 Год назад

    If you looking to by a property asset and you invest your money in etf's. What happen if real estate crash is an opportunity to bye a property but your etfs probably have loose the value. I guest when real estate is crash stock market is crash to. Opportunity is there but no money to get it?????