The Minority Mindset Show

The Easiest Way to Build Wealth: Get Rich Without the Gamble

Dec 24, 2024
Building wealth is all about strategy, not chance. Discover five steps to automate your income without the hype of crypto or gambling. Learn the 75/15/10 budgeting rule employed by the wealthy. Explore how ETFs and index funds offer a passive investment route. Market crashes can be golden opportunities for those prepared. Finally, uncover the secret formula of Time, Return, and Money (TRM) to scale your wealth effectively. Embrace a stress-free, boring but proven path to financial success!
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ANECDOTE

Gym Gamblers

  • Jaspreet Singh overheard gym-goers discussing get-rich-quick schemes.
  • He contrasted this with a simpler, less risky path to wealth.
ADVICE

Get Money First

  • Secure a reliable income source before focusing on investments.
  • Multiple jobs, side hustles, or businesses all contribute.
ADVICE

Systemize Your Money

  • Plan your money allocation before receiving it, like wealthy people do.
  • Allocate portions for spending, investing, and saving.
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