The Brutal Truth About Budgeting: Why Most People Fail

You can’t build wealth if you’re too busy throwing it away. In this episode, Jaspreet Singh breaks down the 7 biggest lies people believe about money that are keeping them poor. From thinking that debt is harmless to misunderstanding the real purpose of cash, he uncovers the flawed mindsets that hold many people back. If you’ve ever wondered why you're not moving forward financially, this episode might reveal the hard truths you need to hear. 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 ----------

"If you don’t have money, you’ll always be subservient to the people who do." In this episode, Jaspreet reveals the 10 unspoken laws that govern wealth, each designed to shift your perspective and guide you toward a prosperous future. From changing how you see money to understanding how to use it effectively, these principles could be the difference between financial struggle and long-lasting wealth. Whether you're just starting your financial journey or looking to level up, these laws are your roadmap to building 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 ----------

“What you don’t know will cost you—sometimes thousands.” In this episode, Jaspreet shares the 7 most expensive investing mistakes he’s made, so you don’t have to repeat them. He walks through crucial lessons learned from his journey, emphasizing how even small errors can have massive financial consequences. Key Takeaways: 1. Never blindly trust someone else’s advice without doing your own research. 2. Timing the market is nearly impossible, and missing key moments can cost you big. 3. Being cheap often leads to bigger, more expensive problems. 4. Diversification, when done wrong, can hurt more than help. 5. Emotional trading based on news will sabotage your long-term strategy. 6. Ignoring fees and taxes will quietly drain your returns. 7. Living off equity instead of income is a quick road to financial ruin. Avoid these common pitfalls, protect your wealth, and keep more of your hard-earned money working for you. 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 ----------

Passive index fund investing is one of the most popular ways to invest in the stock market, but it comes with a dark side that most people don't understand. In this episode, Jaspreet discusses the overlooked risks and hidden consequences of passive index fund investing. He breaks down how index funds inflate the value of smaller, lesser-known companies, why some CEOs are gaming the system to boost stock prices, and how index funds might be creating bubbles.  Key Takeaways: - The mechanics of index funds, ETFs, and mutual funds, and how they impact the market. - How the structure of these funds might be inflating certain stocks unfairly. - Why you need to carefully analyze funds to avoid falling into common traps. Find out what no one is telling you about the downsides of index funds and how to protect your 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 ----------

Those five words, "What will other people think," have killed more dreams than any alarm clock. In this episode, Jaspreet breaks down how to start building life-changing wealth and why doing things differently from the majority is the key. Most people are stuck in debt and struggling financially, but if you want to fast-track your financial success, you’ll have to think bigger and make moves that others won't.  Key Takeaways: - How to define life-changing wealth and work backward to achieve it. - Why a mindset shift is crucial for accelerating your wealth-building journey. - Steps to earning more and investing smarter, plus how to make your money work for you.     Tune in to discover how making bold decisions today can set you up for financial freedom faster than you ever thought possible! 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 ----------

Most people are slaves to their negative mindset. But those who dominate? They’ve mastered their mind. In this episode, Jaspreet delves into the seven powerful mindset traits that separate dominators from the rest. With real-life examples of how people like Steve Harvey, Kobe Bryant, and Warren Buffett built their success, this episode will show you how to adopt these winning strategies for your life. Key Takeaways: - How to develop the “do whatever it takes” mentality. - Why winners play for success, not popularity. - The importance of thinking big and outworking everyone else.    Tune in to discover how adopting the mindset of a dominator can set you up to win, while most others lose. 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 ----------

Congrats, you’ve just landed a $1 million settlement. But before you start spending, here's what you need to do: In this episode, Jaspreet breaks down exactly how to handle a large financial windfall, like a $1 million settlement, to secure long-term financial freedom.  Key Takeaways: - The critical first steps you need to take *before* spending any of your settlement. - How to handle debt, savings, and investments after receiving a large sum of money. - Why $1 million won’t last as long as you think and how to make it work for you. - Important legal and tax considerations that can make or break your financial future. Don’t miss this episode—it’s packed with bonus tips on how to turn your settlement into lasting 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 ----------

“It's not your Starbucks or the extra guac at Chipotle that's killing your wealth. It’s the big things nobody is talking about.” In this episode, Jaspreet uncovers the seven silent wealth killers that are keeping you from financial freedom—and they're not the small daily expenses you hear about. Instead, these are the major, often overlooked habits and decisions that could be draining your finances. Key Takeaways: The true cost of homeownership and why your house isn’t the investment you think it is. How your car might be keeping you broke, even if it’s not a luxury model. Why being too cheap can cost you more in the long run. The dangers of emotional and impulse investing. The hidden trap of short-term loans and credit card debt. This episode is packed with insight and practical advice, plus bonus tips you won’t want to miss. Tune in to learn how to avoid these wealth traps and start building real financial security today! 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 ----------

“Most Americans are saving just 3.6% of their income, and that’s a problem we need to change.” In this episode, Jaspreet details out 10 actionable tips that can help you save $10,000 faster than you think. From automating your savings to cutting unnecessary expenses, these strategies are practical and accessible—even if they’re not always easy. 10 Key Tips (tune in for all the details): Automate Your Savings Pause Impulse Buying Use a High-Yield Savings Account Eat at Home Ask for a Raise Audit Your Finances Downsize Big Expenses Avoid Service Fees Pay Off Credit Card Debt Avoid Late Fees This episode is packed with real-life savings hacks and bonus tips on how to make your money work smarter, not harder. Tune in and start saving today. 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 ----------

“A lot of people selling you passive income ideas are straight-up lying to you, and it’s probably a scam.” In this episode, Jaspreet breaks down what real passive income is—and how you can build it for yourself. If you’ve been misled by quick-fix schemes, this conversation will set the record straight. Key Takeaways: Start with Active Income: Passive income doesn’t magically appear. You need to first build active income from a job or business that you can invest. Stocks and Dividends: Learn how to invest in dividend-paying stocks and funds that can pay you every quarter just for owning shares. But don’t get tricked into chasing high dividends—focus on quality companies. Reinvest Dividends: The real power of passive income from stocks comes from reinvesting dividends, letting your cash flow compound for bigger returns over time. Real Estate for Cash Flow: Buying rental properties can provide steady monthly income. Jaspreet shares his approach to finding good deals and making sure the numbers work for long-term profit. Be Ready for the Long Game: Whether it’s stocks or real estate, passive income requires patience. The first few years won’t change your life, but if you stick with it, you’ll see major returns in the long run. This episode is packed with tips you won’t want to miss, including ways to fast-track your passive income journey and avoid common traps. Tune in now! 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 ----------