And so, he came to, now, the new side of India. And I was like, None of you have any money. Well, why am I getting a good job? Aditya Raj Singh - Director - Stallion Cognitive | LinkedIn And it did really well, but that was actually the reason why I created Minority Mindset because when I launched that water resisting sock company, I was scammed by a fake marketing company. I was like What are you talking about?' That means now your salary that you're earning is not worth as much. It's not the amount of money you pay for a regular skin or a regular whatever. There are so many ways for you to take care of yourself financially. He was raised with the expectation that he would become a doctor. That way you can be the person that is rich.. Dr. Jim Dahle: Druva helps improve availability and visibility . What have we not talked about today that you think they should know? I kept putting the project off, and then one day, I was late to class. But something in the back of my mind told me that's not true. I haven't licensed any technologies. 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. Indian culture is a save heavy culture, the traditional Indian culture. Jaspreet Singh - Trivia, Family, Bio | Famous Birthdays If you're doing something that you hate, it's never too late to change. Jaspreet Singh: That business was growing. I'm investing in real estate. The majority of people are broke. And every single money book that I read said that wealthy people invest in real estate. Then I went to college. That way you can get paid. If you want to understand money, whether you want to be an entrepreneur, just have that sort of financial education, because you have to be willing to ask the question why and the majority of people will not. I had never heard of that. And so, it started off really as a hobby and then it started to grow. YouTubers Get Sued For $1,000,000,000 : r/Coffeezilla_gg - Reddit It seeped through my shoe. All right, a few things coming up, make sure if you are interested, you have done these. And that was really interesting because Id never done anything like that before. And the way they do that now is by either showing pictures of it on social media or going out and going into debt to buy things that they can't afford. The number one liability for millennials are student loans. It's the same reason why people will go into debt to go and buy a Gucci belt. If you cannot buy five of them, you cannot afford one of them. Look, you have one life to live. And that's when my dad said I'm done with here and started the journey to America. And people really liked it. The Fed wants to see more inflation to make that debt pay down possible. I was 19 years old. So, on one hand, they keep talking about how student loans are a major problem. And again, it goes back to the question of why. $29 trillion. Dr. Jim Dahle: We need to help take care of the student loan issue. Fri. Apr 28th, 2023 . 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. Its like, how did this happen? For doctors, the story has changed. And a lot of the things that I talk about are things that I have seen or things that I have gone through. My parents and all of their friends didn't understand what I was doing. I've gone through so many problems. CNN: "The BIGGEST Housing Bubble Since 2008" - What You Need To Know We saw that happen in India just a few years ago. But that's how it started. So, you work hard, you make money. I didn't do it because I wanted to be a doctor. Now, Im writing a book about Naked Brands. Jaspreet Singh Minority Mindset Net Worth - Phone Number, House Address, Wiki . No one in my family was an entrepreneur. Jaspreet Singh: That is a guaranteed route to being broke because all you're doing is saving. We do this by sharing videos, articles and resources on how to make, save and invest money. I had a channel that was growing and one of my friends asked me, How much does your YouTube channel pay you? I was like What are you talking about? And that they're trying to manage inflation to control inflation. They're coming out ahead on that deal, for sure. Stopped as pandemic tick-tocks, keep docs off clocks. The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. Jaspreet Singh net worth Apr, 2023 - People Ai He purchased a 2017 minivan with 20,000 miles and felt rich doing it! That part was very hard, but it was kind of that stubbornness that I had that got me through it because I knew that I wanted to do something different. Jaspreet Singh Net Worth 2023: Wiki Bio, Married, Dating, Family But I started to ask myself about my purpose and my passion. Why am I spending so much money to learn all this stuff? Thanks for coming on the podcast with us. To break away from the majority mindset thinking to now start thinking differently. There are ways to do that through your investments, that we are not paying out 60% of your income in taxes, legally. If you're willing to do it and send us a picture, we're going to send you a t-shirt and a WCI tumbler. YOU HAVE 5,000 FOLLOWERS. They're all poised to combat inflation. The federal reserve bank is going to keep printing money because that's what they do. A lot of personal finance YouTubers make a living by having people go to their channels for advice and they make money off of YouTube. Real estate, stocks, businesses, cryptocurrency, and commodities. I got irritated, because I didn't have any sort of entrepreneurship education and I had been scammed. Jaspreet Singh: I grabbed my backpack. Although he didn't receive any formal financial education - he's on a mission to make financial education fun and accessible. And so, obviously there is a time and place for government, there's a need for them. We go on these nice vacations and we live a very good life, but I don't really have any savings. And I was going crazy studying for it. Dr. Jim Dahle: Lesson 1 - You Only Live Once: Climb to the top of the mountain so you can see the world, not so the world can see you. And a lot of people, the majority of people, are not willing to ask that because it's a painful question. Why did we do certain things? Humans are emotional beings, not rational ones. It just shows the opportunity now that the internet has brought to people because you can do anything you want and be whatever you want and live your life the way you want. Jaspreet Singh is the creator of The Minority Mindset. 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'm an entrepreneur myself. The United States government's number one asset is student loans. Jaspreet Singh From Minority Mindset Announces Release of Information But it wasn't a tutor for the English class that I was struggling with. I was an entrepreneur. I saw the meaning of really saving, saving, saving. Where can listeners go if they want to learn more about you and what you are teaching? Dr. Jim Dahle: And every single day, your dollars are losing value to inflation. What am I going to get from you besides just your product? Most people grow up with an idea of what they want to be and Jaspreet Singh was no different. His achievement stems from the ascension of diligent labor. My parents were like, If you're not going to go to medical school, you have to at least become an attorney. I have no problem if somebody wants to spend $500,000 on a car. Dr. Jim Dahle: Absolutely. You can check out our website theminoritymindset.com. I love giving back. 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. I can be involved with them. And I did school that did all of that and I was always doing my entrepreneurship stuff on stuff on the side because data approve of what I did. And the first thing that came to my mind was my wet socks. And again, financial education is so important. Some of them will succeed. Jaspreet SIngh with the 100,000 Subscriber YouTube Plaque. And what's interesting is the single type of income which has the least tax loopholes which has the highest tax rates [is] earned incomethe money you make from a job and more specifically earned income from high income earners, aka doctors, attorneys, professionals. I started off in the entertainment business. As more and more money is printed by the federal reserve bank and the government, more dollars enter our economic circulation. The strict bifurcation between people and brands has disappeared. Jaspreet Singh: $50 per post at $10/CPM. I have a lot of trust issues now because as I started to ask why, why, why, I started to learn a lot of things that make you question the system, but you have to ask the question why, because the government and the fed will keep telling you that this inflation that we're seeing it's just temporary. ' You're still only living off 75%, and you have the same percentage, but it's so much bigger. Dr. Jim Dahle: And so, your $100,000 today can buy more than what it can in three years. Well, our time is getting short. If we are going to open up your portfolio, how much of it is in real estate and how much is in stocks or bonds or cryptocurrency or whatever? Jaspreet Singh: I had taken all the pre-med classes. And now we've grown it to something a whole lot bigger. Market Briefs exists as a separate entity from Minority Mindset. Absolutely. I did internships. Jaspreet is the money nerd behind theminoritymindset.com. If you got $1,000 in the bank account, you can't afford a $1,000 watch. Jaspreet Singh: Neither of which are my strengths. And so, I work with entrepreneurs. I have no problem if you want to spend $100,000 on an engagement ring. What if I did something else? I did not want to ask that question. Jaspreet Singh: Jaspreet Singh: They gave me a 100% money back guarantee. It's a fascinating story. And in this case about becoming a doctor. Like my family comes from a small state in India called Punjab. It used to be. 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. It's a representation of value as opposed to paper dollars, which is just a piece of paper. I got a good scholarship to go to law school. I put it under the alias Minority Mindset. And in most Indian households, the way that you become successful is by studying hard and by becoming a doctor. I never once learned to think about building wealth. His parents are immigrants from the state of Punjab, India. Give us $10,000. Jaspreet Singh - Wikipedia Some of them will go nowhere, but most of them will fail. Our sock company was making good money. That's how strict my parents were that I had to become a doctor. And second, you had to leave everything. Jaspreet Singh likely has additional revenue sources. And then you're going to look back and say, Oh my God, I wish I would have done something five years ago. Home is where the mountains are: 10 questions with Calgary author 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. Paffrath has been named alongside a raft of other finance creators: Graham Stephan, a former real estate agent who worked for Selling Sunset's Oppenheim Group, Andrei Jikh, Jaspreet Singh of . But I bet you learned some important financial lessons from parents that had that sort of a background. You can check us out on YouTube, Minority Mindset. Minority Mindset with Jaspreet Singh | Ep. 84 | Money Talk With Tiff So, that business was growing. Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. Im sure the audience was like, okay, this is cool, but you dont want to just stick to it and watch lectures all day. And it's unfortunate because of the United States tax code I am an attorney. Dr. Jim Dahle: You've mentioned a lot of assets and investments, and that you invest in real estate. It's a common thing where when people make their first thousand dollars, they want to show it off. This started actually toward the end of my college career. Business Briefs promises a quick and easy five-minute read to get entrepreneurs up to speed on new trends and valuable information to stay agile in this changing economy. And then theres the big question: is it right for you? Jaspreet Singh: I would be rich. I step in a pothole on the way to class. The Minority Mindset YouTube channel has changed the lives of nearly 1,000,000 YouTube subscribers with their videos being viewed 5 million times a month. And he focuses a lot on boosting your income in ways that aren't going to the hospital and working. We grew from just holding parties to doing parties every week. It's a mindset. 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. Gold is a representation of value because it takes time, effort and labor to mine gold. Money isn't everything. And people will say, Oh, I'm not affected by that. I invest in them. Jaspreet Singh: I was never into partying. I was just upset. The Minority Mindset YouTube channel offers free advice for people who want to learn how to be more fiscally responsible. And fortunately for me, this was at the bottom of the 2008 real estate crash. I'm a middle school kid and now I got a college tutor coming to my door, wondering what he is going to teach me? Jaspreet: It has nothing to do with the way you look, your ethnicity, your skin color. My grandparents who were six went to the west side of Punjab, and all of a sudden, they had to pack up and leave. He has gained upwards of 1.6 million subscribers on YouTube. And I started to really think differently because I was always told that if I became a doctor, that everything would just work out. And then that's where everybody says, Oh, don't worry about the pay. And money was taboo when I was growing up. I can't see myself doing this. 1y. What if there was a way that you could walk through the rain and not have to worry about your feet getting wet?'. I started a number of companies. Socks are making money. I was 19 years old. Because you can do what you love and you should do what you love, but it's a lot easier to do what you love when you are OK financially. Jaspreet Singh: I told my dad that I want to invest in real estate. Minority Mindset. How Jaspreet Singh Grew to become The Minority Mindset Plan 1: Develop into A Physician. But that was all a lie. Now it sucks for doctors. So, I decided not to become a doctor because I was only doing it because I wanted to become financially successful. Real estate is horrible. Key clients: Nate O'Brien, Jaspreet Singh - Minority Mindset, Ryan Scribner, Marko Zlatic - Whiteboard Finance, Investing Simple LLC, Canty Financial Management Inc. & Progressive Payment Solutions, Inc. I'm also the founder of Acrux Cloud, a VPS cloud hosting solution that lets anyone leverage . Build your wealth, buy what you can afford. I just didn't know how yet. It is not just for people who want to become wealthy, whatever, you have to understand that you can protect your money. Jaspreet Singh: I like it because I'm an entrepreneur. David: If you watch movies to act or never really looked at the camera, youll get a show like The Office where they break the 4th Wall, and shoot with a shaky camera and the interviews really feel like the white is talking to if you were. Jaspreet Singh: So then I started doing something different. Jaspreet Singh: Wiki/Biography. Socks are making money. I never once learned to think about building wealth. It creates a whole new dimension that, like you were saying, that kind of the fourth dimension, because were breaking that wall between the screen and the viewer. I kind of break out of the norms and the traditional way of doing things. As more dollars enter our economic circulation, the value of each individual dollar goes down. I had done the volunteering. Or it's not that big of a deal.' Now it'll probably have some changes between the time we record this and when this actually runs, but what are your thoughts on that new tax bill coming through? I hope the class action lawsuit sticks, especially Graham Stephan, Andrei Jikh, Jaspreet Singh (minority mindset), Kevin . He told me I was stupid. I wanted to try. Anybody can start a youtube channel. Tell us about that story. So, it's a highly risky way to invest. I never learned about this stuff in school, and I had been screwed over so many times because I didn't have any sort of guidance. And then towards the end of my college career, now I know I'm not going to medical school. 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. That way you can make smarter decisions with your money. The whole idea being you had to think differently than the majority of people. It's an incredible story. Jaspreet Singh: Listen to the Interview with Jaspreet Singh of the Minority Mindset here. And did you ever practice law? What advice do you have for them? Money is a representation of value. It seeped through my shoe. Jaspreet Singh: And the savings that you have in the bank account, can't buy you the same things that they could before. How much car can you afford? That's why we have a national debt crisis like we talked about because the government is spending more money that they bring in. And that's why you need more financial education.. It took you forever to get there. You're already working six months out of the year, January through June, just to pay your tax bill. Jaspreet Singh: Im not a very serious person and Im looking at myself on Youtube, like why am I looking so serious? And that they're trying to manage inflation or control inflation. The whole idea being you had to think differently than the majority of people. And so, that's why I invest in commodities like gold. I never really had any guidance. I thought that everybody goes to college to study and spend Friday nights in the chemistry lab doing reactions. Jaspreet Singh: He's back on the show to share his thoughts about the current economic situation and help educate people on their best . David: One of my favorite ideas that the best creators are short-term, catchy and long-term sticky. So, if we have more inflation, that means that the government can now pay back this $29 trillion worth of debt with cheaper dollars. We have the Minority Mindset Spanish channel on YouTube we just launched. It is their number one asset. Money isn't everything. It's not how much money you make, its how much money you keep. That's why you will continue to see more inflation. Because there are things that you can do now as a high-income earner to earn more income without you physically working, because there's going to be a day where you can't go into the hospital, can't go into the clinic to work.