The Minority Mindset Show
Welcome to The Minority Mindset Show, hosted by Jaspreet Singh. Learn about success, wealth, business, guacamole and whatever else Jaspreet decides to talk about. The Minority Mindset has nothing to do with the way you look. It’s the mindset of thinking differently than the majority of people.
Episodes
14 hours ago
14 hours ago
Ever wondered if daily coffee splurges are draining your wallet? This episode challenges the popular belief that small luxuries like a $7 coffee are the culprits behind financial struggles. Jaspreet leads us into a detailed analysis that goes beyond simple spending habits to uncover deeper financial truths.
Here’s what we cover:
Cultural Spending: Discover how cultural habits influence spending, illustrated by a personal story of a rare outing for Indian tea.
The Real Culprits: Learn about the larger expenses that truly impact your financial health more significantly than your coffee habit.
Strategic Spending: Understand how to align your spending with your financial phase, ensuring your purchases, even small luxuries, fit within a sensible budget.
Investment over Expense: Explore how investing the equivalent of your coffee money could potentially grow in the long term.
Practical Advice: Gain insights on managing indulgences responsibly without compromising your financial goals.
Is it really the coffee or deeper financial missteps that hinder economic stability? Ready to rethink your daily brew?
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
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➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
3 days ago
15 Habits That Can Make You Wealthy
3 days ago
3 days ago
What habits set wealthy individuals apart? This episode uncovers specific practices that foster financial success and personal fulfillment. Here’s a sneak peek into a few:
Exceeding Expectations: Why going the extra mile can dramatically influence your career progression.
Value of Learning: How prioritizing knowledge over immediate financial gain can multiply your earning potential.
Financial Restraint: The importance of earning without the compulsion to display wealth.
Purpose-Driven Actions: How a clear 'why' is your anchor during tough times.
Opportunity in Failure: Turning setbacks into stepping stones for success.
Tune in to discover all 15 transformative habits that could guide you to wealth and beyond!
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Thursday May 02, 2024
Do THIS To Afford Your Luxury Purchases
Thursday May 02, 2024
Thursday May 02, 2024
Ever faced the dilemma of wanting luxury but worrying about the financial implications? Jaspreet shares a transformative lesson from his journey: learning to spend money wisely. Growing up in a traditional Indian household emphasized saving over spending, Jaspreet initially found it challenging to justify expenses on non-essentials. However, as he became became more financial educated, he discovered the balance between saving, investing, and spending.
Jaspreet discusses the concept of affording luxury purchases without compromising financial stability. He introduces the idea of tax deductions for business-related expenses, emphasizing the importance of spending in ways that add value to one's business. For instance, leveraging business trips as opportunities for networking and collaboration, which, while enjoyable, also served a professional purpose.
For those unable to secure tax deductions, Jaspreet outlines a phased approach to financial growth, starting with building a foundation (saving and eliminating high-interest debt) before moving to systematic investing and saving. He suggests the "rule of five" as a gauge for affordability—only splurging on a luxury if one can easily purchase five of them, ensuring these expenditures don't derail financial progress.
Phase three is where passive income from investments can cover living expenses, allowing for more flexibility in luxury spending. However, he cautions against premature withdrawals from investments, advocating for continuous reinvestment until financial freedom is achieved.
Whether it's a designer watch or a dream vacation, his approach offers a pragmatic path to enjoying luxuries while building wealth and he emphasizes the importance of disciplined saving, strategic investing, and thoughtful spending as pillars of a stable financial life.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Tuesday Apr 30, 2024
15 Money Mistakes MOST AMERICANS Are Making - DON'T DO THIS
Tuesday Apr 30, 2024
Tuesday Apr 30, 2024
In this episode, Jaspreet tackles the 15 most pervasive money mistakes that trap many Americans in financial instability. From the open wallet syndrome that plagues our spending habits to the critical oversight of not negotiating salaries, he unveils the common missteps that prevent us from achieving financial freedom. He warns against over-relying on banks for financial advice, highlights the danger of underestimating the need for family financial protection, and demystifies the tax code to help listeners avoid overpaying taxes. Additionally, Jaspreet addresses the pitfalls of emotional investing and the societal pressures that lead to poor financial decisions. More importantly, he emphasizes the significance of investing in oneself, showcasing how personal development can be the most rewarding investment of all. Tune in to discover how to navigate these financial pitfalls and start your journey toward true wealth and financial independence.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Thursday Apr 25, 2024
Thursday Apr 25, 2024
"History doesn’t repeat itself, but it often rhymes."
Renowned economist Peter Schiff joins Jaspreet Singh in a revealing discussion on the looming financial crisis. Schiff articulates why the U.S. economy is teetering on a dangerous precipice and warns, "Ignore the warning signs at your peril." Unpacking his predictions, Schiff explains, "This isn't just a market correction; it's the calm before a devastating economic storm." Tune in to discover why Peter believes we’re repeating our gravest economic mistakes and what this could mean for America's future. This conversation is essential for anyone looking to grasp the complexities of economic cycles and safeguard their financial future against potential hardships.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Tuesday Apr 23, 2024
Tuesday Apr 23, 2024
Ever wondered why most amateur investors never strike it rich in the stock market? Jaspreet uncovers a common yet critical mistake: chasing the next big stock like Nvidia, Tesla, or Amazon in hopes of quick wealth. This episode dives into the real key to building wealth through the stock market, emphasizing a strategy that doesn't rely on spotting the next market unicorn.
Jaspreet starts by explaining the fundamental roles within the economy—consumers, businesses, workers, and investors—and highlights how the system inherently rewards the financially educated, particularly investors and business creators. By understanding the economic interplay, he argues for the importance of becoming an investor, leveraging the stock market to own a piece of the economy or favorite companies.
Dispelling the allure of picking individual stocks for spectacular returns, Jaspreet introduces various types of funds, including ETFs, mutual funds, and index funds, explaining their differences, benefits, and potential pitfalls, especially regarding fees.
This episode is packed with practical advice on creating a consistent, passive, and automatic investment strategy (CPA) that builds wealth over the long term without the need for constant market monitoring or risking it all on the next Amazon...leading to a smarter, strategic investing that can create real, sustainable wealth.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Thursday Apr 18, 2024
Understand These 3 Numbers To Become A Millionaire
Thursday Apr 18, 2024
Thursday Apr 18, 2024
Dreaming of retiring as a millionaire? Jaspreet reveals that it's not just a dream—it's a possibility if you grasp three crucial numbers: Time, Return, and Money (TRM).
In this episode, Jaspreet deciphers the formula that could turn your millionaire aspirations into reality, emphasizing the impact of how long you invest, the returns on your investments, and the amount of money you're able to invest. Through practical examples, you'll see how tweaking just one of these variables can significantly shorten your path to that coveted million-dollar mark.
Jaspreet explains how 'Time' acts as your greatest ally in wealth accumulation, allowing investments to compound and grow. He then explores 'Return', or the growth rate of your investments, showcasing strategies to potentially increase your returns without falling into high-risk pitfalls. Lastly, 'Money'—the initial and ongoing investment amounts—highlights the power of increasing your investment contributions over time.
This episode provides a roadmap for anyone, regardless of age or financial status, to optimize their wealth-building strategy. Understanding and applying the principles of TRM can dramatically alter your financial future to take a giant leap towards your million-dollar goal.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Wednesday Apr 17, 2024
How Dave Ramsey Built A BILLION DOLLAR Empire | Dave Ramsey x Jaspreet Singh
Wednesday Apr 17, 2024
Wednesday Apr 17, 2024
Join Jaspreet in this special episode featuring an inspiring conversation with Dave Ramsey, the powerhouse behind Ramsey Solutions, a monumental platform that has reshaped personal finance guidance.
With eight bestsellers and a leading radio show, Dave shares the gritty details of his journey from financial despair to pioneering a billion-dollar empire. Dave opens up about the pivotal experiences that drove him from bankruptcy to teaching financial peace, highlighting the critical decisions that fueled his company's growth.
This episode isn't just about financial education, but a deep dive into the resilience and relentless pursuit of a mission to transform financial despair into hope and prosperity. Listen in to learn how to leverage challenges as stepping stones, why embracing a team culture is crucial, and the way forward in today's dynamic economic landscape.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Tuesday Apr 16, 2024
Do These 3 Things (IN THIS ORDER) To Break Out Of The Rat Race
Tuesday Apr 16, 2024
Tuesday Apr 16, 2024
Is the dream of retiring comfortably becoming increasingly elusive? Jaspreet unveils the stark reality facing Americans today: the old path to retirement is fading fast. With rising living costs and the looming retirement crisis among Baby Boomers, the financial landscape is more challenging than ever. Yet, there's hope.
Jaspreet shares three critical phases of wealth-building that can transform your financial destiny. From developing a wealthy mindset and mastering money rules to strategic saving, investing, and beyond, discover how to lay a solid financial foundation. This episode isn't just about escaping the rat race; it's about reshaping your financial future with actionable steps and unwavering discipline. Whether you're burdened by debt, struggling to save, or simply looking for a way to secure financial freedom, learn the essential phases and practices to break free from financial uncertainty and step into a life of wealth and freedom.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
Thursday Apr 11, 2024
How To Generate Royalty Income (& Never Work Again)
Thursday Apr 11, 2024
Thursday Apr 11, 2024
What if you could do some work one time and then get paid for that work for the rest of your life? Jaspreet dives into the fascinating world of royalty income, where doing work once could mean getting paid forever. This episode explores how royalty income isn't just for celebrities or artists; it's a realm accessible to anyone with the right knowledge and strategy. Jaspreet demystifies the concept of intellectual property (IP), revealing how creating or investing in unique products or digital content can open doors to perpetual earnings. From physical products protected by patents to digital creations like YouTube videos, podcasts, or books, learn the ins and outs of generating royalties. Discover the dual path to royalty income: creating your own IP or investing in others', and how this income stream can transform your financial landscape.
Whether you're a creator looking to leverage your work or an investor aiming to capitalize on existing IPs, this episode is your guide to understanding and tapping into the power of royalties.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------