10 Laws To Live A Wealthy Life

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  • Опубликовано: 4 янв 2025

Комментарии • 191

  • @MinorityMindset
    @MinorityMindset  6 месяцев назад +37

    Join Market Briefs for FREE and get my daily financial newsletter: 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!

    • @prime10mviews7
      @prime10mviews7 6 месяцев назад

      bro what's your blood type ; you always talk about facts and what is in my mind

    • @PatienceMaybe-zg6fu
      @PatienceMaybe-zg6fu 2 месяца назад

      saving 10% doings is a supportive self ACHIEVEMENTS 💪SIMPLIEST THINKER OF ANY LEVEL CASH MAKINGS WITH DISCIPLINED DETERMINATIONS & CREDIT CARD RETURNINGS BUDGET STRATEGIES OF MUST TAKE CARE OF SELF FIRM FOUNDATION FIRST OF ANY AGE STUDENT ❤GIFTEDUCATORESEARCHALKIN D.O GRATEFULNESS SINGH❤🦁💪SIGHTEACHINGENERATIONALLAHEAL🙏THEADSTRONGENUISURGICALOVEDUCATEDOCHALKINVEST PORTIONS IS A CHALKIN JEWONDERS OPERATIONS SOCIETY IN MYSTERIOUS METHODS OF WHATEVER WORKS BABY📦 TOLERANCES BEYOND COMPARISON EXAMPLING GORGEOUS BRIAN A.CHALKIN D.O SPIRITUAL🦁🙏🙏🙏🙏🙏🦁PROTECTING SELF FLOURISHING OTHERS OF ♥️🙊SEA❤🙊D.O FITNESS ASPECTS OF LIFE SURVIVALIST HEALTHY TECHNIQUES IN-HOUSE 🦅 OF BEST QURANICHALKIN ❤🦁♥️🙊♥️🦁♥️🚀JESUSINGH 🔥

  • @theguynextdoor4978
    @theguynextdoor4978 6 месяцев назад +78

    You inspired me to get my stuff together. I'm not poor, not a credit card slave, but I needed to adjust my spending habits.

  • @sabriellelunin9291
    @sabriellelunin9291 6 месяцев назад +93

    Thank you so much for making these vids, you have changed my life and my children's future.

  • @laurengarcia2568
    @laurengarcia2568 Месяц назад +11

    Because of you Jaspreet all of my investments are growing. Got a side hussle and paid my Honda off. My savings are positive too 🙏
    I’ll never buy another LV purse again! Don’t need it.

  • @jamesgatz5301
    @jamesgatz5301 6 месяцев назад +37

    I make more money than almost everyone I know, by a significant amount, and I’m WAY more frugal than all of them. I’m always telling them STOP WASTING YOUR MONEY ON STUFF YOU DONT NEED! No one listens.

    • @locohuero
      @locohuero 4 месяца назад +6

      I know your struggles; my last three cell phones I bought through eBay, a year or two old, versus by financing it through the phone company. My car; used and payed off.
      Also, don't care about fashion and only shop clothing sales. 😊

    • @crytexjordan
      @crytexjordan 18 дней назад +1

      Literally same

  • @chrisroger2000
    @chrisroger2000 6 месяцев назад +74

    “Sometimes one of the most expensive thing that you can do is to be cheap”!
    True that!

    • @randombandit362
      @randombandit362 6 месяцев назад +1

      One of the “cheapest” things you can do is drive everywhere. Walking and riding a bike are great ways to get places too

    • @wallye8713
      @wallye8713 6 месяцев назад

      @@randombandit362time is a valuable asset. Some locations afford cost efficient public and or bike transportation other locations don’t..

    • @stellabotirova1229
      @stellabotirova1229 5 месяцев назад

      I live in dxb there's no way even to be poor

    • @Sheldon-yo4sv
      @Sheldon-yo4sv 5 месяцев назад +1

      Forget about people who say he cheap. Cheap, is only an opinion. We base our lives on Fact.

    • @anthonychibueze4464
      @anthonychibueze4464 4 месяца назад

      So true mate 👍🏽

  • @isettech
    @isettech 6 месяцев назад +15

    Absolutely true about the stock market and the pandemic. Bought an oil pipeline for $5.42 per share in April 2020. Today the value is $37.35. This is an increase of over 600% since April 2020. The dividend is now $3.50 annual rate. Yes this is over 60% return on investment annually.
    Last year the market was down with the fears of recession, so the shipping industry stock was down, so I bought some container shipping stock on October 30 for $8 per share. Today that stock is $18.54 per share. Yes it has more than doubled in under a year. I love a good stock market sale.
    Stocks mentioned are WES and ZIM.

  • @MadCaril
    @MadCaril 6 месяцев назад +3

    Bro, this was one of THE best videos I have ever watched. You explained the steps we need to take but also gave us clarity on being healthy. Thank you for this!

  • @Thedigitalalex
    @Thedigitalalex 2 месяца назад +3

    I will be wealthy
    Money is a tool
    Money is abundant
    Its my duty to succeed

  • @BuyLessJess
    @BuyLessJess 6 месяцев назад +8

    This information is more valuable than I can express. Thank you for making these videos!

  • @Fred-rv2tu
    @Fred-rv2tu 6 месяцев назад +75

    Sigh… I miss my BMW. But doing much better financially without it.

    • @MonaValenzuela
      @MonaValenzuela 6 месяцев назад +9

      You did the right thing 👏 🙌 💯
      Pat yourself on the back! Keep the Minority Mind Set!!

    • @myooo3524
      @myooo3524 6 месяцев назад +3

      Congratulations

    • @jean1797
      @jean1797 6 месяцев назад +11

      Feels man. Driving my 10 year old subaru is definitely not as fun, but not having an $700 monthly payment is nice.

    • @OmarHernandez-iu2zc
      @OmarHernandez-iu2zc 6 месяцев назад +4

      Bro at the end of the day it's just a brand and just a car that does what any other car does

    • @Fred-rv2tu
      @Fred-rv2tu 6 месяцев назад +5

      @@OmarHernandez-iu2zc it was a *really* high end BMW so it wasn’t quite just any car but yea. It was unnecessary. I made six figures and had no responsibilities so I thought it was fine, but that money could have been working for me and now I’m playing catch up in the investment game. Live and learn.

  • @rambleonfinance
    @rambleonfinance 6 месяцев назад +10

    This content keeps me motivated. Love it.

  • @jtek5si
    @jtek5si 6 месяцев назад +5

    Amazing video as always, Jaspreet! Especially #10. Too many people think wealth will make them happy and fulfilled.

  • @makazine
    @makazine 6 месяцев назад +12

    This video is gold! Thank you for this Jaspreet!!

    • @Dividendflywheel
      @Dividendflywheel 6 месяцев назад +1

      Yes. Cash is King. Cash flow is Queen. Use cash to buy cash flow

  • @josephduenas6959
    @josephduenas6959 6 месяцев назад +23

    Thank you for the amazing content keep this up 💯

  • @bomberoretired9197
    @bomberoretired9197 6 месяцев назад +17

    There are many people that don’t hear this valuable information. Then are those that ignore this information and always cry that they can’t get ahead.

    • @toomuchdebt5669
      @toomuchdebt5669 6 месяцев назад +3

      If you hear people that only cry about thier financial situation then you are in bad company.

  • @raymondhumphrey2749
    @raymondhumphrey2749 2 месяца назад +2

    Always member folks..You have to HAVE MONEY,TO SAVE MONEY!! PERIOD!!

  • @flowersforest
    @flowersforest 6 месяцев назад +2

    Thank you so much ! Well said !
    “ One of the most expensive thing that you can do is being cheap ! “

  • @Jen_Tam
    @Jen_Tam 6 месяцев назад +2

    Thanks for mentioning that time is what it takes to get where you want to be. Everyone preaches one can get rich quick but that isn’t what happens to the majority. You and Zuber are the only ones mentioning it takes time!

  • @Ricksdaname
    @Ricksdaname 6 месяцев назад +3

    Great video. Thanks for posting positive videos. It is hard to say NO to do many things, but the freedom of not owing feels great.

  • @johnrodriguez2013
    @johnrodriguez2013 6 месяцев назад +19

    Keep the awesome content coming man! Your book recommendations are my best tool for success this month. Truely, thank you.

    • @SheedLordBear
      @SheedLordBear 4 месяца назад

      Could you list those recommendations?

  • @carolannstevens5814
    @carolannstevens5814 6 месяцев назад +3

    Thank you Jespreet!!! You and George Kamel ♥️

  • @jesssc402
    @jesssc402 6 месяцев назад +3

    I feel like personal finance management is prolly the easiest subject that when you follow, no matter what income bracket you’re in, you’d be alright. Obviously, the higher the income, the better… i mean it’s just, live below your means, don’t overspend on a useless degree, save for an emergency asap, invest consistently. That’s it.. waay easier than finding the x or y

  • @link2442
    @link2442 4 месяца назад +2

    The biggest money pit is owning a car. The repairs, fuel, insurance, and the toll roads.
    For a small car, all those combined cost me close to $10k a year. That's $100k in 10 years.
    When I was working in Europe, the company paid for the train to and from work.
    Being a slave to a car dependent city has its draw backs financially

  • @locohuero
    @locohuero 4 месяца назад +6

    I upgrade my cell phone via eBay every few years for a few hundred instead of full "debut" price of 1k+.

    • @toyota4afe
      @toyota4afe 4 месяца назад +1

      I do the same!

  • @Self-mastering-01
    @Self-mastering-01 6 месяцев назад +1

    My favorite financial yt channel

  • @manjitapp
    @manjitapp 6 месяцев назад +1

    Jaspreet you are the best!!!! You inspired me to break through the scarcity money Indian mentality that I was engrained with!

  • @theBSisreal
    @theBSisreal 6 месяцев назад

    "Cheapness is a weakness" If you want the best you have to pay for it. Efficiency is one thing, cheapness is another. Good video.

  • @anitaheather253
    @anitaheather253 6 месяцев назад +1

    Thank you, you are an inspiration for many $ situations. Saw your interview on Know Thyself podcast - new subscriber from South Africa.

  • @kamvalenkosi_
    @kamvalenkosi_ 3 месяца назад

    Thank you for this. Very informative. Learnt a lot. Moral of the story in a way is to learn the rules of the game you are playing so that you can play.

  • @tonyrutledgejr
    @tonyrutledgejr 2 месяца назад

    Money simply reveals character. Love the videos Jaspreet 💯✊🏾

  • @smantoff
    @smantoff 6 месяцев назад +1

    Great video Jaspreet. Thank you for sharing your wisdom

  • @JevonMusicGroup
    @JevonMusicGroup 6 месяцев назад +11

    Watching now as i write this... can't wait to find out what is in the description box DOWN BELOW. 🤣

  • @williambell4591
    @williambell4591 6 месяцев назад

    ABSOLUTE PROPS, Jaspreet - I APPRECIATE YOU so much!
    You're one if the BEST RANDOM GUYS out there!
    Thanks for the time you take to teach us this knowledge! ❤💯

  • @ricardocastillo880
    @ricardocastillo880 3 месяца назад +1

    Whe he said I grew up in a traditional indian household, I knew what he was gonna say next!
    Reminds me of my childhood tho I'm not indian myself
    F

  • @serwansheran
    @serwansheran 4 месяца назад

    I like your videos dude. They’re not only personally important but also financially.

  • @StraitTalkMedia
    @StraitTalkMedia 3 месяца назад

    One of your best videos It really gives me things to think about as I start my day with your videos. Great job

  • @ChukMane14
    @ChukMane14 Месяц назад +2

    I like this guy, i dont usually say that about youtube personals

  • @User-pu3lc
    @User-pu3lc 6 месяцев назад +5

    Gotta have money offense and money defense in the game of life. Defense wins championships.

    • @Beshladilawal
      @Beshladilawal 5 месяцев назад

      Sahil bloom newsletter write something similar today. You can check him out. ❤

  • @Fred-rv2tu
    @Fred-rv2tu 6 месяцев назад +2

    Wish I knew all this when I graduated high school and didn’t have responsibilities. Making do how I can now though.

  • @garrettmay7631
    @garrettmay7631 5 месяцев назад

    Thank you for the great financial nuggets that you dropped in this video.

  • @Fred-rv2tu
    @Fred-rv2tu 6 месяцев назад +1

    Really appreciate the holistic life message

  • @Colimotl1
    @Colimotl1 6 месяцев назад +3

    Gracias por tus videos!

  • @Dividendflywheel
    @Dividendflywheel 6 месяцев назад +14

    Learned this
    Cash is King
    Cash Flow is Queen. Use cash to buy cash flow

  • @lordkroak6670
    @lordkroak6670 20 дней назад

    My spending habits has adjusted ALOT in just 2 months. All it took was a big vehicle repair to really make me change my perspective on money.

  • @JackWalsh-d7h
    @JackWalsh-d7h 6 месяцев назад +76

    I'm now avoiding new purchases to avoid slipping into a bear trap. However, I'd like to know where the best investment opportunities are during a downturn. My goal is to retire comfortably on around $1.2 million.

    • @CoreyLloydo
      @CoreyLloydo 6 месяцев назад +2

      Wishing you luck! The key to a happy retirement is to live the life you choose, if you have a certain amount in mind for your retirement, it is only appropriate to work with a knowledgeable advisor to make plans.

    • @RhysHuntoffice
      @RhysHuntoffice 6 месяцев назад +1

      I concur that guidance should not be disregarded but rather followed. I remember a few summers ago, not long after my horrible divorce, I was in dire need of advise on investments to keep my head above water. Fortunately, I met someone with grit who greatly assisted me in growing my reserve, which despite inflation has increased from $360k to about seven figures now.

    • @JackWalsh-d7h
      @JackWalsh-d7h 6 месяцев назад

      nice gains there! Please share your advisor's info with me. Due to my increased income from work, I'm thinking about investing in stocks and other assets that will enable me to gradually build wealth.

    • @RhysHuntoffice
      @RhysHuntoffice 6 месяцев назад

      Leah Foster Alderman is the licensed expert I use.

    • @RhysHuntoffice
      @RhysHuntoffice 6 месяцев назад

      Just look up the name. You would discover the necessary information to deal with a correspondence to schedule an appointment.

  • @mariahprouty2282
    @mariahprouty2282 5 месяцев назад

    Love your channel dude!

  • @elizabethsargent7845
    @elizabethsargent7845 5 месяцев назад +1

    Jaspreet, you are awesome!

  • @bhavanijarajapu2829
    @bhavanijarajapu2829 2 месяца назад

    Great video, I will have to rearrange my finances

  • @briannelson694
    @briannelson694 6 месяцев назад +2

    I appreciate all your videos sir.

  • @tibuy
    @tibuy Месяц назад

    An excellent accountant really makes the difference

  • @HerbieCassidy
    @HerbieCassidy 7 дней назад

    even though for so many it's much more important to have relationships with friends and family---having the funds to do what is needed for life to do whatever is effectively dependent on understanding economics---pay attention if u don't know about what he is saying

  • @shortsworld36
    @shortsworld36 6 месяцев назад +2

    The irony is an ad popped up about buying some course to big earnings 😅 unbelievable

  • @vwhooligan59
    @vwhooligan59 5 месяцев назад

    Always great to learn from you, Sir! Thank you for helping me get my financial ducks in a row.
    A few years ago, somebody suggested the book 'The Richest Man in Babylon' to me and there are a lot of parallels to what you teach. Highly recommend both sources of information to those who wish to better themselves financially!

  • @Yris-j3b
    @Yris-j3b 10 дней назад

    Hi. Great content! J7st a little question: what do the avocados mean?

  • @kaur5941
    @kaur5941 6 месяцев назад +4

    First viewer lots of love from London paji❤

  • @serangelpineda
    @serangelpineda 4 месяца назад

    Great and valuable Info! Thanks amigo! 🤟🍻

  • @dannyrand2543
    @dannyrand2543 4 месяца назад

    Sir, you are a Gift!!

  • @mserzysko
    @mserzysko 6 месяцев назад

    Great basic video! Thank you for teaching people. :) Sometimes you don't get to use this plan, but stay focused, do small steps, to apply at least part of it! Me and my husband were doing just that. We saved like crazy, we were investing in a stock market (with success). It saved us! We had to help family members in financial struggle (and they were supporting us massively in other ways). The fact we were able to do so... I am soooo proud and happy! But only because we had this cushion. We are broke again, but we did it once, we can gather it again! :D

  • @myooo3524
    @myooo3524 6 месяцев назад +4

    True. Using credit card is killing your future.

    • @Mike-yr1sm
      @Mike-yr1sm 3 месяца назад

      Credit card usage is fine.
      Credit card debt is horrible.

  • @jtpappas2161
    @jtpappas2161 5 месяцев назад +1

    What’s the best option for dividends? Is it best to reinvest the dividends back into the stock/ETF

  • @gbou93
    @gbou93 6 месяцев назад +5

    Jaspreet is cool.

  • @akeemceffalo101
    @akeemceffalo101 6 месяцев назад +2

    Money isn't evil its how you obtain it and how you use it

  • @adrialazo3867
    @adrialazo3867 3 месяца назад

    Thank you for taking the time to educate me, what do you think about buying XRP?

    • @gujh03
      @gujh03 2 месяца назад

      Do buy xrp. It's a dead project.

  • @Government-EconomicsTeacher
    @Government-EconomicsTeacher 9 дней назад

    When my kid was in the hospital we got a gift card for DoorDash. I STILL couldn't bring myself to order it. I could make 3 dinners (with 2 additional leftover dinners) for the cost of two servings. I need to figure out how to sell it. Would rather have grocery money

  • @MessechLeone
    @MessechLeone 4 месяца назад

    Good advice bro❤

  • @gugustoy6208
    @gugustoy6208 2 месяца назад

    So i am 35 is it worth putting my money on index funds ?? Dividend stocks ??

  • @rebacarmack8335
    @rebacarmack8335 6 месяцев назад +1

    Money makes you more of what you already are!

  • @dimelosantitbs
    @dimelosantitbs 6 месяцев назад

    Best phrase ever : “sometimes the most expensive thing to do is being cheap!”

  • @abhishak21
    @abhishak21 6 месяцев назад +1

    Educational Videos 💥

  • @marayues
    @marayues 2 месяца назад

    I loved it!

  • @austinjones7569
    @austinjones7569 6 месяцев назад +1

    Should the 75/15/10 rule be applied to gross income or net income?

    • @INDYEAH
      @INDYEAH 6 месяцев назад +1

      Income which hits your bank

  • @shahriaralam4295
    @shahriaralam4295 5 месяцев назад

    Very informative video

  • @Rinas-l3h
    @Rinas-l3h 6 месяцев назад

    Thanks for this great video

  • @qataracgnacgn
    @qataracgnacgn 6 месяцев назад

    Great advice!

  • @joban_307
    @joban_307 6 месяцев назад +1

    He’s the waymaker of many people. GEM

  • @truthspeaks623
    @truthspeaks623 Месяц назад

    I bought a 10yr old Mercedes sedan for $12,000 cash. Wonderful little car, hasn't cost me much. Albiet not outrageously practical.

  • @ejay6760
    @ejay6760 6 месяцев назад +1

    #10 might be the most important

  • @DerekLochan
    @DerekLochan 6 месяцев назад

    Thank you

  • @AthenaTheWolf
    @AthenaTheWolf 6 месяцев назад +1

    wish you would put time stamps

  • @lakhvirs
    @lakhvirs 3 месяца назад

    I have tried few times already and never email briefs media but no email .

    • @MinorityMindset
      @MinorityMindset  3 месяца назад

      That's strange! Send us an email: hello@briefs.co and someone will be able to help

  • @johna1811
    @johna1811 6 месяцев назад +2

    how can you Love your neighbor as you Love yourself if you in constant competition with your neighbors? Love is never competitive with itself so its either selfish investments with monetary gain or selfless sacrifice in Love -willy wonka

    • @rodericgammons
      @rodericgammons 6 месяцев назад

      That's not true. Mostly selfish people compete, but good people manage what they have.

    • @Dividendflywheel
      @Dividendflywheel 6 месяцев назад

      Consider this. Investing is not selfish if you are enabling (your neighbor) a business owner grow their business. And the business owner thanks you (rewards you) for helping him or someone else in the future. By paying you interest on the money you loaned him or her. 😊😊😊 This is how I helped my neighbor the plumber. And his neighbor the mechanic. And we all invested in a neighbor starting a restaurant. Remember wealth is created by offering products and services (your neighbors), people want and need

    • @johna1811
      @johna1811 6 месяцев назад

      @@Dividendflywheel oh i totally agree with you brother i was comparing things of economics to things that are utopian, but thanks anyhow i really appreciate your imput mate🙂

    • @johna1811
      @johna1811 6 месяцев назад

      @@rodericgammons does love compete with itself? & the point i made was not about good management skill, but thanks anyway..

  • @Munce72
    @Munce72 5 месяцев назад

    Great work Jaspreet! Scooby snacks for you.
    Praying for the USA and the entire World.
    My allegiance is to Liberty, and the Repubic.

  • @GordonSanders-f6i
    @GordonSanders-f6i 29 дней назад

    One smart guy

  • @Punisher6010
    @Punisher6010 6 месяцев назад

    Good morning jaspreet what are the Atf i can join for trading

  • @lopakakauakahi9263
    @lopakakauakahi9263 6 месяцев назад

    Minority mindset Forever!🎉

  • @garywickman2659
    @garywickman2659 6 месяцев назад

    This Guy Knows What He's Talking About

  • @lcjennah1
    @lcjennah1 6 месяцев назад

    It’s called Pennywise and Pound Foolish. At least you realized it because I have so many friends that I had to cut off because it started dipping into my pocket.

  • @paullal6759
    @paullal6759 6 месяцев назад

    I bought Black Rock stock for 54300$. Waiting for payday 😅😅😅😅😊😊

  • @dennmillsch
    @dennmillsch 6 месяцев назад +1

    "A penny saved..." ??? My version is "A penny saved is two pennies earned (after factoring in taxes)"

  • @johnsnow6019
    @johnsnow6019 3 месяца назад

    Use bookmarks singh, can't scroll thru fast enough

  • @nadeemmaqbool4088
    @nadeemmaqbool4088 6 месяцев назад

    Excelent

  • @rod1147
    @rod1147 3 месяца назад

    "at least once a day" 😮‍💨

  • @schawnettarobinson8584
    @schawnettarobinson8584 5 месяцев назад

    People are envious.

  • @marine3836e
    @marine3836e 6 месяцев назад +1

    More money more problems!

  • @chaconswrenchin3557
    @chaconswrenchin3557 23 дня назад

    💪🏼💪🏼💪🏼

  • @5dayMovingAverage
    @5dayMovingAverage 6 месяцев назад

    Once you know better, and you hear GME pops 100, you known you can go long PUTS😂😂😂😂

  • @social3ngin33rin
    @social3ngin33rin 6 месяцев назад

    if the food is "lost" they will remake your order for free

  • @Alicia75700
    @Alicia75700 5 месяцев назад

    I hear a lot of talk but why dont you show us how to invest and wich is the best stock market, did you family help you with your fist home that you both? most of us have no one to give us a down payment for anything.

  • @charlesowusukorkor3823
    @charlesowusukorkor3823 3 месяца назад

    😂😂 i think he realy hates Gucci. And I hate gucci too😂😂😂