"The secret to building wealth isn’t how much you make—it’s how much you keep and invest."
Most people make money and spend it—then wonder why they’re broke. Wealthy people do the opposite: they pay themselves first by saving and investing before spending a dime. In this episode, Jaspreet breaks down his 75/15/10 Rule—the easiest way to manage your money so you always have cash for today and investments for tomorrow.
Here’s what you’ll learn:
- Why most people stay broke (and how to stop making the same mistake)
- The 75/15/10 Rule: A simple, foolproof budgeting system
- How to automate your finances using three bank accounts
- The real purpose of savings (hint: it’s NOT to build wealth)
- Why investing is the only way to truly get rich
- How to shift from saving money to building wealth
- The tax advantages of investing vs. earning a paycheck
- Passive vs. active investing—which one is right for you?
If you’ve ever struggled to save or felt like you’re not making progress financially, this episode gives you a simple system to follow—no complicated spreadsheets, no gimmicks, just real wealth-building habits.
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 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
----------
The Minority Mindset Show