The Fed wants to see more inflation to make that debt pay down possible. And now I create consistent predictable cash flow and it comes with legal tax breaks. I didn't know what that meant. Minority Mindset, LLC - Northville - Michigan - BusinessWiki.info You'll be wealthy. And I was introduced to him recently at a conference called Fin Con. And then all of a sudden, this YouTube channel was turning into something real. And so for me that was one thing to help me out. And they didn't understand what I was doing, my parents and all of their friends didn't understand what I was doing. And now I create consistent predictable cash flow and it comes with legal tax breaks. Has a heavy real estate focus for sure on the blog, but also some other methods of passive income. Well, if your pay doesn't matter, then tell your boss not to pay you. We call it the WCI Network and we have two of those. And money was taboo when I was growing up. Look, you have one life to live. And it goes back, really the changes start from my grandparents generation because in 1947, the state of Punjab was severed. It's the mindset of thinking differently than the majority of people. Absolutely. Theyre giving people a reason to come to them. Read millions of eBooks and audiobooks on the web, iPad, iPhone and Android. My foot is soaking wet. Singh worked hard to get where he is and endeavors to help people earn money, save money and make their money work for them. The Minority Mindset has nothing to do with the way you look, your ethnicity or your skin color. You start to question the things that we're taught in society. (@minoritymindset) Instagram photos and videos And so, you had to make the best use of what you had. His topics include real estate investing, getting rich during a recession, and helpful moneymaking habits. You have to understand that you can protect your money.. Jaspreet Singh: Socks are making money. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The book summarizes the most important information on the blog and contains material not found on the site at all. You are a first-generation American. In his spare time, Jaspreet enjoys fitness, climbing trees, and playing hide-and-seek. Jaspreet Singh: I got irritated because I didn't have any sort of entrepreneurship education and I've been scammed. He was raised with the expectation that he would become a doctor. If you want to be a champion for The White Coat Investor and you are a first-year medical or dental student, sign up here. He said once I was a doctor, I would be financially free. https loop pointrecognition com login south Jaspreet Singh - Founder & CEO - Druva | LinkedIn So, this is for non-necessities, things that you don't need to survive. My grandparents who were six went to the west side of Punjab, and all of a sudden, they had to pack up and leave. Then I went to college. Jaspreet Singh: I was studying for the MCAT and I was running a business at the time in college. Final question. The only thing that bothers me is when people spend lavishly when they don't have the money to do so. Jaspreet Singh: Don't throw away your brown bag for lunch, bring it home. Nothing happens overnight, but anything is possible. Success Leaves Clues - Jaspreet Singh - Minority Mindset #motivation # We were doing concerts. Because now you don't get the tax breaks that a business owner gets. Some of them would say, Yeah, sure. In addition, Singh is offering his brand new e-book, Get Richer Sleeping . I love talking about this stuff because these are things that I wish I learned when I was getting started when I was growing up. Right now, the biggest liability for the average millennial are student loans. The Ideal Passive Income Mindset Blueprint For Beginners Jaspreet Singh (born 1969) is a Canadian writer and chemist. Home - Welcome to the Minority Mindset - #RethinkRich I'm like, Well, English is my second language. Or it's not that big of a deal. There's a clear philosophy running through all of those assets. It's a fascinating story. And the swag bag is great. David: What other YouTube entrepreneurs inspire you? And that marketing company made me a whole bunch of bold promises. Jaspreet Singh: I was like, instead of doing that, I would much rather say I tried and I failed and it wasn't for me then say what if I did something else? Don't waste your time doing something that you don't care about or something that you don't like or something that you don't love. Minority Mindset Jaspreet Singh overall profits are growing every day, and he is also becoming more popular. I love talking about this stuff because these are things that I wish I learned when I was getting started when I was growing up.'. I knew I was doing things, but I was still kind of not fully certain. So, you need to plan for that. Final question. So don't do that. Awesome. This is not me. If you look around, it seems like case counts are dropping like crazy. Jaspreet Singh: Food Blog And again, financial education is so important. I have a passive strategy where every week I have money going into ETFs that give me exposure to the general stock market. And the first thing that came to my mind were wet socks. And so, I grew up with that understanding of don't be wasteful. What are you saving? Why did I want to become a doctor? Well, I knew I wanted to do it to make my parents happy. That's how it started off. And clearly, I did not become a doctor. I didn't mind that because one, I didn't really know what I was going to do with my life. And I started to ask myself, Why? About. Absolutely. Jaspreet Singh, otherwise known as the Minority Mindset, is a qualified attorney, . Jaspreet was born right into a hard-working immigrant household that, like many different households in related conditions, desired for him to change into a profitable physician. It was serious. I advise. There was nothing in between. You can buy more things with your paycheck. It's a representation of value as opposed to paper dollars, which is just a piece of paper. So theyre giving people more than just a product. In this episode you will learn: Jaspreet's six-step formula to becoming wealthy. Do you feel like you're a member of a minority writing for other minorities? That video you put together includes some tips for people that I hadn't even thought about. My dad came to America with less than a hundred dollars. Dr. Jim Dahle: Dr. Jim Dahle: Minority Mindset is an entrepreneur and personal finance influencer with an estimated net worth of $2 million. So, I started hosting teen parties when I was in high school, my junior and senior year. I was always raised with that mentality of frugalness and not being wasteful because my family in India didn't have a lot. Is it to get a good job? Its just unbelievable. We do this by sharing videos, articles and resources on how to make, save and invest money. We go on these nice vacations and we live a very good life, but I don't really have any savings. Because anytime they talk about raising tax rates, I joke around about this with my family, but the people that get screwed over the hardest are doctors. And people will say, Oh, I'm not affected by that. But that was all a lie. Register by December 1 to get one of our amazing swag bags! Why are you throwing everything away? Then in the 80s, my family was in India. And it's obviously a bit of a play on words with multiple meanings. All I need to do is become a doctor. Be Different. I hope there is not an echo variant down the road. The United States government has almost $29 trillion worth of national debt right now. I gave them a big chunk of our marketing budget. Jaspreet Singh: Minority Mindset - David Perell And now we've grown it to something a whole lot bigger. Well, the original title for that video, we actually just changed that recently was You are guaranteed to go broke if you do this. And again, it goes back to the question of why. It doesn't bother me. Bust his butt. And people really liked it. Anybody can start a youtube channel. Don't spend money on dumb things when you don't have the money to afford it. Dr. Jim Dahle: Jaspreet Singh: By that time, I was making good money in law school. Because anytime they talk about raising tax rates, I joke around about this with my family, but the people that get screwed over the hardest are doctors. But on Youtube, youre getting these very close relationships with youtubers and its sort of crazy, right? When I first made that video, I used to guest teach in schools, high schools. YOU HAVE 5,000 FOLLOWERS. And did you ever practice law? But at the same time, you have to look at the broader picture. The state of Punjab was bombed by its own government. I had never heard of that. Jaspreet: Its a balance, because in the beginning a lot of our videos were just straight education where it was like a lecture, like going to school and Im a teacher and Im just talking and I wasnt being me. And when I say that my parents wanted me to be a doctor, it wasn't just a recommendation or something they suggested. I didn't have to worry about paying for law school because my business had paid for it. And finally I invest in and I own commodities like physical gold, because that is real money. But when I say minority, I don't mean a racial minority. He was one of the keynote speakers at the event and has put together some awesome resources. So, if you're interested, be sure to check that out at passiveincomemd.com. Actually, I had two options. I didnt know what college was supposed to be like. And fortunately for me, this was at the bottom of the 2008 real estate crash. 3/3/2023 11:51 AM. I wish I would have done something 10 years ago. We publish blog posts there every day. American YouTube star and entrepreneur known for offering financial advice through his Minority Mindset channel. And the second thing they are trying to do now is raise taxes, especially on high-income earners, cough-cough doctors, as a way to earn more money. So, I was like, This is easy. Jaspreet Singh is a serial entrepreneur, . Dr. Jim Dahle: Cryptocurrency is the people's movement of money from the bottom up, unlike our dollars, which are controlled by a central authority, the fed reserve bank. And if you're a doctor and you didn't have half a million dollars to pay for your education, you probably have some student loans too. I started off in the entertainment business. Jaspreet Singh: Dr. Jim Dahle: The interest rates on your bank account are paying you 0.01% a year, which means if you have $100,000 in your bank account today, in three years your bank account is going to be $100,000 and a few pennies. Don't forget about our champions program whitecoatinvestor.com/champion. He is still practicing. Well, why am I getting a good job? Jaspreet Singh: It's a common thing that when people make their first thousand dollars they want to show it off. And it's unfortunate because of the United States tax code I am an attorney. I made a $10,000 donation to someone else. That's why we have a national debt crisis like we talked about, because the government is spending more money than they bring in. I wasn't enjoying that. I mean, it really comes down to that, when you go onto youtube, you dont want to sit there and be bored. And second, you had to leave everything. I told my parents and my mom nearly had a heart attack. Paying Off $123K of Student Loan Debt in 1 Year Revisited - Scribd I was just upset. That means you need to know how to spend your money. Straighten out your financial life today! He's on a mission to make financial education fun and accessible. You start to question the things that we're taught in society. I didn't have any entrepreneurial friends that had made it that could say, Hey, Jaspreet, its going to be okay because I didn't know anybody who did that. I can be involved with them.
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