“You can either use your paycheck to build your wealth or to just pay your bills—and most Americans are doing it wrong.”
In this episode, Jaspreet breaks down the paycheck trap and why income alone isn’t the answer to wealth. If you’re earning decent money but still coming up short at the end of the month, this is where it changes.
Learn the five steps to turn your income into a wealth-building machine:
How to systemize your money using the 75-15-10 rule and set up three bank accounts to avoid accidental overspending
Why increasing your income without a system leads to lifestyle inflation—and what to do instead
When to pay off debt vs. invest, and how to handle high-interest vs. low-interest debt strategically
The basics of investing smartly in index funds (like the S&P 500) versus chasing risky individual stocks
How to become a conscious spender using Jaspreet’s “Rule of 5” to avoid broke-now, poor-later decisions
This episode is a crash course in doing what most people never learn: making your money work for you instead of the other way around.
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