I hope you enjoyed that interview. Sure. She was devastated. They have layers upon layers upon layers of administration. Student loans are what's funding the government's operations. The number one liability for millennials are student loans. Click to learn more! Jaspreet Singh: Give us $10,000.' I don't know if it still is, but it used to be. I stepped in a pothole and my foot was soaking wet. According to Michigan business register Minority Mindset, LLC status is Active. Don't spend money on dumb things when you cannot afford it. Then I invest in stocks because I believe in the American economy, although we have issues and concerns. I'm not trying to get into politics, but it has a lot of fat in there. David: The internet has destroyed so many barriers and unlocked floodgates of opportunity. The whole idea being that if you have $100 in the bank account, you can't afford a $100 pair of shoes. $50 per post at $10/CPM. They say, Oh, that's not fair. I'll bet there are people in our audience that face that same thing and decided to go to medical school and come out of their training pipeline at 35 and realize they really don't want to be doctors either. Yeah. Jaspreet Singh: I wanted to try. I knew I liked real estate and I also knew that I didn't like the event planning business because I don't drink. What have we not talked about today that you think they should know? The government and the Fed can turn off our dollars. The first one on it was Don't put your paycheck on social media. And I'm not sure I've seen a lot of doctors doing that, but is that a common trend out there on social media where people are flashing the dollars after they get paid? And then when you talk about whether it's welfare or teacher's paychecks or whatever it is, a teeny tiny, little fraction of your dollar will ever make it there, if that. I've got a bit of a cold. 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 not earn more money. Jaspreet Singh Minority Mindset is an individual who has become a celebrity by his charismatic works. They're all poised to combat inflation. Financial wisdom. And then when I find a good undervalued company, Ill buy it. So don't do that. I have gone through so many hurdles in business. And you can look this up because I couldn't believe it when I saw that. I was already running my own business. Jaspreet Singh lived in Toronto prior to moving to Calgary. Jaspreet Singh: By Charles Judd October 17, 2022. Why am I going to go to your brands page? Your family has a fantastic story. That way you can make smarter decisions. We went to an underserved school here in Detroit. Then I went on to Instagram and created the Minority Mindset Instagram page. The whole idea being you had to think differently than the majority of people. And a lot of the things that I talk about are things that I have seen or things that I have gone through. And it's unfortunate because of the United States tax code I am an attorney. I did internships. If youre willing to put in the work. Minority Mindset provides videos, articles, and resources on how to make, save and invest money. And you're seeing the same thing there because they live digital lives. Jaspreet Singh: Then a portion of your paycheck goes to the government. Right now, the biggest liability for the average millennial is student loans. Jaspreet Singh: As opposed to deflation, which is good for average people, because now the value of a dollar gets stronger, the price of things go down and now your savings have more buying power. I never once learned to think about investing. Then I invest in startups. And remember, locum tenens tends to trend as a godsend man to burnt out ends. But you've said, if you can't buy five, you can't buy one. Socks are making money. And then when you talk about whether it's welfare or teacher's paychecks or whatever it is, a teeny tiny, little fraction of your dollar will ever make it there, if that. In addition to all the good information I get on this podcast, I am always 100% confident that I can reach out to Jim for questions. Inflation is a hidden tax. And the savings that you have in your bank account can't buy you the same things that they could before. It's the same reason why people will go into debt to go and buy a Gucci belt. You've got this and we can help. If you follow what the majority of people do blindly, you are pretty much guaranteed to fail. The importance of your Mindset. And they were attacked on the way. That's why we have a national debt crisis like we talked about, because the government is spending more money than they bring in. We try to test out different titles. Singh recently . I never once learned how I could use my money in a way to give me financial freedom. And I thought, OK, this is cool. There's a clear philosophy running through all of those assets. You have the least tax breaks that you can get out of the tax code and you also have the highest tax rates. I'm like, Well, English is my second language. What dumb things do people spend money on? Instead, you're paying the highest tax rates, and you also have the least deductions. Jaspreet Singh: What should I do?'. Jaspreet Singh - Trivia, Family, Bio | Famous Birthdays It is not just for people who want to become wealthy, whatever, you have to understand that you can protect your money. So, I went from just try and business to business because that's how I learned. But that's how it started.'. Today we'll be reading docs in shocks. It can't stretch as far. checkable deposits and currency are the number one asset of the us govt and are a bigger asset than student loans in 2021: https://www.advisorperspectives.com/dshort/commentaries/2021/09/27/the-feds-financial-accounts-what-are-uncle-sams-largest-assets just so jaspreet can update his information. Humans are emotional beings, not rational ones. A lot of the early businesses that I ran I had to do in secret because my parents did not want me to do anything that wasn't related to getting me into medical school. So I decided to start looking at rental property. So, you work hard, you make money. Some of them will go big. Then I went to college. And so then after that, our dollars are no longer backed by gold after 1971. And if that ever happens, people will run away from dollars because they realize that their dollars are just pieces of paper. And so, he came to, now, the new side of India. You left money, you left everything that you had, your whole livelihood. You've mentioned a lot of assets and investments, and that you invest in real estate. Jaspreet Singh: Jaspreet Singh: Intgration de sites Web What started as a YouTube Channel dedicated to simplifying financial health and educational content has turned into a movement. That video you put together includes some tips for people that I hadn't even thought about. Jaspreet Singh: Some of them will go big. It just didn't sit right. It was serious. Paying Off $123K of Student Loan Debt in 1 Year Revisited - Scribd We have the Minority Mindset Spanish channel on YouTube we just launched. She was devastated. I had the pleasure of . The state of Punjab was bombed by its own government. His parents are immigrants from . You just got to do something that you love.' Right now, the biggest liability for the average millennial are student loans. I used to work at Indian weddings, playing a drum called the dhol. David: One of my favorite ideas that the best creators are short-term, catchy and long-term sticky. I love real estate because real estate provides me with consistent cash flow. Jaspreet Singh: Jaspreet Singh: Well, the original title for that video, we actually just changed that recently was You are guaranteed to go broke if you do this. You can check us out on YouTube, Minority Mindset. 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. How Minority Mindset Created Market Briefs - Nourish Money But when I say minority, I don't mean a racial minority. They can't afford to do that. So, that's why we want to see more inflation. Jaspreet Singh: It's the mindset of thinking differently than the majority of people. To break away from the majority mindset thinking to now start thinking differently. Humans are looking for this innate sense of acceptance and the feeling that I need to show that I'm successful to make up for my lack of financial success. It sucks now, I sit down in class and the teacher's like, Jaspreet is here to present. Cryptocurrency is decentralizing money, and there's also a lot of technology behind it, which makes it very powerful because it's revolutionizing the way the internet works. You have put in so much.' There is a new tax bill in Congress. Thanks for coming on the podcast with us. Jaspreet is the money nerd behind theminoritymindset.com. Society teaches you these lies just to make you just keep blindly following the system. And that is apparently a huge attraction. What should I do?. When I was going to school, I went through a lot of schooling. I launched that product, and it did really well. And am I doing it for the right reasons?' And maybe we're talking about skins on a video game character. Jaspreet Singh: We have a lot of doctors that follow us and a common thread that I get from doctors, especially, that reach out is something along the lines of, Hey, Jaspreet. I started hosting teen parties when I was in high school because I was working in the wedding business. Money is a representation of value. So, on one hand, they keep talking about how student loans are a major problem. 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. Jaspreet Singh: If you are not growing in a way that you want to grow, whether its financially, whether its physically, whether its mentally, or whether its spiritually; get away from it. We change it sometimes. 100% of the dollar you give rather than some smaller fraction. So, our dollars are backed by the United States government, which is backed through our economy. So, I started hosting teen parties when I was in high school, my junior and senior year. . Anybody can start a youtube channel. They just let him go. The only thing that bothers me is when people spend lavishly when they don't have the money to do so. And this is where you have to get financially educated. It took my mom a year and a half to finally grasp that her son was not going to be a doctor. Jaspreet Singh: They were refugees. That was when I decided that I would put something out there to help people launch a business and not get screwed over.. Thank you so much for being on the White Coat Investor podcast. And I was introduced to him recently at a conference called Fin Con. Although he didn't receive any formal financial education - he is on a mission to make financial education fun and accessible. Be Different. But now I mean theres so much more to selling a product and just having a product to sell. Together, well cross industries, speak with experts around the world, and explore the past, present, and future of Naked Brands. The hosting them started doing really well. Jaspreet Singh: Jaspreet Singh: When I came to college, I wasnt much of a partier. Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. I have a passive strategy where every week I have money going into ETFs that give me exposure to the general stock market. Dr. Jim Dahle: And everybody was like, Hey, you should start a social media page. Jaspreet Singh: My uncle is telling me, Jaspreet, have you lost your mind? He's also an anesthesiologist. I made a lot of mistakes. I have a passive strategy where every week I have money going into ETFs that give me exposure to the general stock market. Some of them will succeed. But some people would say, Sure, we won't charge you any money. Real estate, stocks, businesses, cryptocurrency, and commodities. He didn't even have shoes on his feet because he'd lost his shoes along the way, sleeping on the streets and had to find a way to make things work. But it wasn't a tutor for the English class that I was struggling with. I don't know what that meant. I wish I would have done something 10 years ago.'
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