"If the government can take their cut before you see your paycheck, why not pay yourself first too?"
Most people get paid, spend, and then wonder why they’re broke at the end of the month. Wealthy people do the opposite—they invest first, save second, and only spend what’s left. In this episode, Jaspreet walks you through a foolproof system to manage your paycheck so you can start building wealth immediately.
Here’s what you’ll learn:
- The 75/15/10 rule for dividing your income
- Why you should have three separate bank accounts
- How to “tax yourself” to build wealth before spending
- The real difference between saving money and investing it
- Why increasing your income alone won’t make you rich
- The mindset shift needed to escape the paycheck-to-paycheck trap
- How to invest passively using the CPA method (Consistent, Passive, Automatic)
If you’ve ever felt like your money disappears before you can put it to work, this episode will help you take control of your finances and start making real progress toward financial freedom.
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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 podcast).
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➤ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
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➤ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
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➤ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
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