'Minority Mindset' Founder Jaspreet Singh Bought Property For $8k To Invest–Here's How You Can Too

'Minority Outlook' Fall flat Jaspreet Singh Bought Property For $8k To Invest–Here's How You Can Excessively

Jaspreet Singh is the founder of the fiscal media company Minority Mindset. Helium is an lawyer, enterpriser and avid YouTuber with more than a jillio subscribers. An expert happening each things related to money, Singh worked hard to get where atomic number 2 is and endeavors to help people earn money, save money and give their money work for them.

I had the pleasance of speech production with him for my second episode on the Live Richer Podcast. Hither are some highlights of part one of a fascinating two-part interview serial.

Listen: Live Richer Podcast, Instalment 2: Jaspreet Singh
Read More: 17 Big gest Budgeting Mistakes You'rhenium Making

Singh spoke frankly about his early life. Growing sprouted in an Indian immigrant family, he watched his parents work multiple jobs while instilling the value of hard puzzle out into their kids.

"When you come from that type of background, you want your kids to get over successful. And you know, our parents didn't develop up with any sort of fiscal breeding. So in their minds successful meant you must study hard in school, get pleasing grades, and generate a good job. Because if you get a skilled job and make a bigger salary…you'll be healthy to save a whole bunch of money," Singh said.

Learn: Live Richer Podcast, Instalment 1: Rachel Cruze

Still, Singh, World Health Organization had had a multifariousness of jobs for most of his life, saw how knockout he and his parents were working and knew on that point had to cost a better way to handle finances. Atomic number 2 did not necessarily follow his planned trajectory into a career in medicine; however, being an entrepreneur was non considered to be partly of the plan.

By the age of 17, he created a successful party business for colleges. It was from this that atomic number 2 first got a taste of money management and bought his first property for $8,000 few years later. He got a taste for real property and started a real estate business.

He continues to speak virtually his journey to decent moneyed and how he decided to fix YouTube his primary public platform through his business Minority Mindset.

Discover: 8 Insider Tips to Get Rich in Immovable

Singh explains how the majority of people will have $200 and spend it on a new pair of shoes, while the minority will take that $200 and turn it into $2,000. Preceptor't you want to learn how to do that?

"I invest my money in fin places. I invest money in tangible land, stocks, businesses, cryptocurrency and commodities like somatic metal. I invest in real estate because it provides consistent and predictable cash flow. And it also provides legal tax breaks," he same.

Singh explains how you can do this too. Listen to Jaspreet Singh's fraught interview happening the Be Richer Podcast now.

More From GOBankingRates

9 Bills You Should Never Assume Autopay
21 Items That Are E'er Cheaper at Costco
5 Reasons Why You Need a Cash-Back Posting in Your Notecase
Should You Refinance Now With the Reduced Mortgage Rates?

With eight years of experience impermanent in the personal finance space at GOBankingRates, Jaime Catmull has amassed an extensive network of financial influencers and experts. Now, she's tapping that network to get the real scoop connected how you fire lively your best financial life and step-up your wealth.

Feel out Our Free Newsletters!

Day-to-day, get fresh ideas along how to save and prepar money and achieve your commercial enterprise goals.