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July 8, 2025 23 mins

“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.

Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market

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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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