Jaspreet Singh ON: 3 Money Myths That Are Making You Poorer Every Day & How to Survive and Thrive in a Recession

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Jay Shetty talks to Jaspreet Singh about financial education. The best investment that you can do in your life is to invest in yourself. That’s why learning about finance is an important skill that we need to acquire in order for us to grow our mental wealth while also growing our financial wealth.

Jaspreet Singh is a serial entrepreneur and licensed attorney. Although he didn’t receive any formal financial education – he’s on a mission to make financial education fun and accessible. Jaspreet is the Chief Executive Money Nerd at the Minority Mindset Companies and the host of the Minority Mindset YouTube Channel.

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What We Discuss:

00:00 Intro02:07 Understanding the role of money in your life04:55 Four aspects of life08:03 Money is a tool for you to do the things you want to do11:42 Importance of financial education14:26 The 3 bad habits in handling money16:08 Don’t go broke just to look rich18:10 The problem with saving money19:30 Stop blindly following the system27:59 Understanding the concept of money30:53 Equity33:58 The wealth formula36:10 Investing with little money40:42 The best investment in the world45:09 Delayed gratification49:43 Having financial confidence51:27 Recessions and market crashes1:02:56 Avoid emotional investing1:09:22 Jaspreet’s Final Five

Episode Resources

Jaspreet Singh | InstagramJaspreet Singh | TwitterJaspreet Singh | Website

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