The 5 Money Lies That Keep Americans Poor

9 snips

Oct 2, 2025

Uncover the five financial myths that keep many Americans trapped in mediocrity. Discover why your house might not be the investment you think it is and how front-loaded mortgages slow your wealth. Learn the reality of jobs promoting shareholder wealth over employee gain, and how a small monthly investment can grow into millions over decades. Jaspreet reveals why your banker is not really your financial ally and highlights the limitations of relying solely on a 401(k) for retirement. Start transforming your financial future today!

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INSIGHT

Mortgages Are Front-Loaded

Mortgages are front-loaded so early payments mostly cover interest, not principal.
Jaspreet Singh shows that for a 30-year loan it can take ~20 years before half your payment builds equity.

ADVICE

Treat Your Home As A Liability

Treat your home like a liability and maintain investments outside your primary residence.
Buy a house you can truly afford including taxes, insurance, upgrades, and ongoing costs.

INSIGHT

Jobs Serve Shareholders, Not You

CEOs and executives have a fiduciary duty to maximize shareholder value, not employee wealth.
Jaspreet Singh highlights that employees earn salary while shareholders earn profits and passive income.

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"If you're doing everything right with money but you don't feel wealthy yet, chances are it's because you don't have a money playbook, at least one that's not built off of lies like the majority of people."

You've been lied to about money your entire life, and these lies are keeping you broke.

In this episode, Jaspreet exposes the five biggest financial myths that trap Americans in mediocrity and reveals the uncomfortable truths that wealthy people know but most people never learn. Time to rewrite your money playbook with facts instead of fiction.

What You'll Learn:

Why your house isn't an investment and how front loaded mortgages keep you poor
The harsh reality about who your job is legally designed to make wealthy (hint: not you)
How $100 a month turns into $1.45 million over 46 years without being "rich" to start
Why your banker isn't your financial advisor and how commission structures work against you
The brutal truth about 401ks and why the founder says they've "gone awry"
How banks front load interest payments so you spend 20 years mostly paying them
The time, return, money equation and why you can't get more of one crucial factor

Jaspreet breaks down exactly how the financial system profits from keeping you believing these lies and shows you the real math behind building wealth.

Watch my FREE Investing Masterclass & get Market Briefs as a Free bonus! https://link.briefs.co/48aM8Ne

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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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