I listen to you every morning. You are my Hype Man! Thank you for everything you do for us!!!
@victorromero77506 ай бұрын
I paid off my $27k 2016 Honda civic in Jan 2019 and I STILL have it cause I wanted to pay myself and save and boy do I have a lot now … PUT IN THE WORK
@4700.6 ай бұрын
04 e500 Benz… I’m riding till the wheels fall off at this point.
@Spimmick6 ай бұрын
You STILL have a 7 year old vehicle? Daaaaang lol jk. Keep going. 2016 is still "new" for a lot of people
@j_p_stratorus2116 ай бұрын
Did the same thing with my 2017 Rav4. I ain't buying another car for a super long time. Life's so much easier when you DON'T have car payments!
@victorromero77506 ай бұрын
@@Spimmick let’s get it 💪🏾 big money
@victorromero77506 ай бұрын
@@j_p_stratorus211 let’s gooo 💯
@thesoundofeverything80235 ай бұрын
You are such a sweet guy… and it is touching . Your good energy jumps from the screen to our hearts. Its my powerful wish that we all grow.thank you for all the good advice . Much love and wealth to you and the ones u ❤
@erics9026 ай бұрын
I think this is one of your top videos. At least for me. Will surely watch this one a couple times.
@carlom97106 ай бұрын
Still driving my 2004 Toyota solara I bought back in 07. Saves me money and get to invest what I use to pay for car payments. Thanks for all you do Jaspreet
@SoMuchBetterOfficial6 ай бұрын
This is a very high value info, thanks. I agree we must avoid those fancy brands things, that actually do te same things as cheaper stuff
@19Freddie6 ай бұрын
Both of my vehicles are over 20 years old, I'm a mechanic by trade so that doesn't bother me. I am finally getting to the point where I'm not spending so much money I don't have on tools and can finally focus on getting rid of my credit card debt. I have some money in the stock market and am focusing more on REITs (thanks to your info on those) than most anything else at the moment. I want to thank you for reminding me that this was just a part of the process and while it is a struggle at the moment, I know it will pay off someday.
@lidijatana78945 ай бұрын
There shouldn't be any sort of pressure on how much you have at a certain age or other metrics , as long as you have that balance in life you should be good. , A good saving discipline and getting profitable assets to invest in brought me this far to having a 7 figure portfolio. also with my adviser handling my investments and ensuring i stay on top of the market.
@kalineats5 ай бұрын
How did you manage to succeed? I want to invest more wisely because I have a lump sum that inflation is slowly depleting.
@lidijatana78945 ай бұрын
@@kalineats i found an adviser that aligns with my goals- my expert Dianne Sarah Olson is well recognized you should as well do your own research
@lidijatana78945 ай бұрын
@@kalineats Look up the name Dianne Sarah Olson, read through her resume, she is well regarded in her field.
@lidijatana78945 ай бұрын
@@kalineats stuck closely to my adviser's insights and it pushed me , you can as-well research on her
@lidijatana78945 ай бұрын
Her name is Dianne Sarah Olson
@Samvhuff6 ай бұрын
I love the videos they have honestly changed my life
@winniethepoohandeeyore26 ай бұрын
We have an SSDI income, every month what ever is left over from our checking account which isn't much, we place into savings, isn't much each month but does add up!
@buggy9466 ай бұрын
Excited for the Workshop coming up soon.
@pierrefontecha5 ай бұрын
T4:40! Filipino-American here. My parents were 1st Gen, their outlook on financing is to SAVE, SAVE, SAVE. Risk averse. Had to break the cycle, for the future. ❤️
@supriyohazra69124 ай бұрын
dada...I have been following your videos recently..your videos are great..
@601johnniemoney6 ай бұрын
Thanks for all you do
@robertonenlutingamoi21105 ай бұрын
This is owesome my boss.ilearnt a lot from your expression of financial management skills.
@richhands52696 ай бұрын
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
@elnewbie26116 ай бұрын
I would add to that list Bryan's channel aka ClearValueTaxes and for mental health and psychology HealthyGamer
@junky8026 ай бұрын
How money works feels like a doomers video. But they're are usually entertaining
@elnewbie26116 ай бұрын
Seems like KZbin or this guy deleted my comment, but I mentioned ClearValueTaxes and HealthyGamer as great additions to that list too.
@tonytorres87416 ай бұрын
Thanks for the suggestion! I will check those KZbin channels!
@stephanietorres89805 ай бұрын
What kind of account should i put my investment money? Another savings account or another checking account?
@CaedenV6 ай бұрын
As someone who has always been an employee, the delegation bit is hard... I mean, I am the one delegated to most of the time. Asking someone else to do something for me feels... really weird. And frankly, there is that expectation, and even if I don't do something perfectly, I know what I did and didn't do and why, and I generally know when I am going to make it right. Hiring someone else to mow the lawn, or do some other time-saving service for me... regardless of cost, even if it was free, it is difficult to let go of.
@nengzhongvue77225 ай бұрын
Thanks so much. I learn a lot from you.
@jonathanibarra83565 ай бұрын
Sorry to bother Jaspreet. But did you record the workshop? I missed it
@DavidHenderson-v6u16 күн бұрын
Thank you
@lesmorgan92436 ай бұрын
Good Stuff Jaspeereet!
@JOSETORRES-w5e2 ай бұрын
Ima need your financial advice , I just got separated and sold my house and got back 50k back , I’m planning to invest my money for growth .. where can I start ..?
@chrisproctor14115 ай бұрын
Where is the best place to first invest
@chrisproctor14115 ай бұрын
Where do I start and how can I...
@elnewbie26116 ай бұрын
Yall need to remember that the first couple of years are the hardest ones because there are so many things that you have to buy first before starting to invest, you'll have to spend at least 20k on things you really need before even starting to invest, I'm talking about a car, tools, a place to live, education, health, self care products, furniture, devices, services etc... Is really a lot of things that you need to get first before investing your money, only after you have everything you need, then you can proceed with opening bank accounts, making a budget, start investing in the market, look for ways to increase your income etc... That's the part many people forget and no youtuber talks about, the setup is just as important as the financial ladder.
@Munce726 ай бұрын
No! No! No... Get the SAVINGS first!
@elnewbie26116 ай бұрын
@@Munce72 you missed the whole point, you can't build a house without a full blueprint and base, the financial parts are the walls, roof, windows, doors etc... But in order to do that, you need a floor and a strong base and you must have that before even thinking about building your way up.
@OliviaOluwaseyi6 ай бұрын
You are very correct, it is when you have a living; i .e, food, clothing and shelter, it is then you can save and invest.
@TheLegend-uq1gz6 ай бұрын
This is very good. Thank you.
@courtneynelson82356 ай бұрын
Can the TSP be considered an investment account?
@SEMINOLEsq.6 ай бұрын
I think the safest etf is RSP, sp500 equal weighted. Market cap weighting generally gives voo a higher concentration risk, though market cap weighted has greatly out performed equal weighting in recent years.
@rdecelien5 ай бұрын
The RSP is not a good idea cause if you take some or withdraw all, you have to pay taxes on it.
@romienomie5 ай бұрын
This guy is maybe the best no b.s. speaker on KZbin.There is no hype get Rick quick junk.
@areebajunaid1616 ай бұрын
Jaspreet paji tell me how can I do Halal investments in market?
@cathyngungu73605 ай бұрын
Good morning I love you teach how start am a mother of two with small income
@michaelskala84456 ай бұрын
Nothing wrong with rewarding yourself for investing. I have a nice IWC flieger watch but it was bought with my investment returns and payed for in full. The trick here is not to go silly and overboard but if you have the discipline then that should not be a problem.
@Elraul326 ай бұрын
Thinking about buying gopro stocks. Should have bought Roots. Went up crazy recently.
@DasGonz136 ай бұрын
Is jewelry a good store of wealth like physical precious metals?
@masbuleinlondon6 ай бұрын
Brushing teeth is valuable advice for building wealth. Spending a lot of cash for dentists ain't funny.
@Pleasemison5 ай бұрын
39 years old. Not a dime on teeth repair. My parents paid for my mouth. I maintenance that for free. For now. Drink lots of milk to harden enamel
@winniethepoohandeeyore26 ай бұрын
I just watched a video a financial guy posted about a young couple, her car payment is 1400 a month, his car payment is 1600 a month...And she says that's normal 🤦♀🤦♀🤦♀
@Msvkitchenandbath6 ай бұрын
Thank my friend for sharing this wonderful video
@bigchelis3 ай бұрын
Gold is horrible investment. Hear me out. I purchased gold in physical form. I purchase for spot price. When it came time to sell it the best I could get was 15% below spot price. Now that means it has to go up at least 15% for me to break even. What about buying online and holding digital portions? They ended up asking 2~3 x the value of spot and than you would be really upside down. Buying gold spot price has been $1750 to $2000 over past 5yrs. So, it has been ultra steady and for making money those days are over. Now, with buying scrap gold that is un-pure that is a whole other doomsday scenario unless you willing to purify yourself which is dangerous to say the least.
@thesoundofeverything80235 ай бұрын
Would u buy Nasdaq? How would u spread out ur portfolio.. oh.. noooo i missed the workshop😢
@seymorefact43336 ай бұрын
🇺🇸 i paid cash for my $8500 Honda Odyssey.
@kuhnsanuk6 ай бұрын
Right now I put 20% in Roth 401k and 20% of net goes in a separate savings account. That is my savings in case I need to buy a car.
@CaedenV6 ай бұрын
Do what is right for you, but consider the cost-benefit analysis of saving up a down-payment for a car, and investing the rest. When you actually need a car, take out a loan with a healthy down payment, and pay it down quickly. Run the numbers for you, but likelihood is that the extra time investing more instead of holding cash for months or years on end while waiting to buy is going to pay off more than the little bit of interest paying down a car loan in a year. It isn't always true, and it depends on how quickly you can build up that cash, and how quickly you need to buy a car, but generally speaking investing more earlier and paying down a small loan quickly is going to be better than stockpiling a large amount of cash for 1+ years sitting and doing nothing.... granted these days you can actually get a decent interest rate on cash-like savings accounts, so it may be a moot point at the moment; just something to consider though. Debt shouldn't be used as a tool to live beyond your means, or to buy more than you otherwise would, but it can be a great tool for freeing up cashflow for investing more earlier, or for allowing more runway and time on large purchases so that things don't all hit all at once.
@jogmas126 ай бұрын
“Talking about my generation, I hope I get rich before I get old, talking about my generation…….”
@sassasins0315 ай бұрын
With an ETF you don't actually own the stocks. You own a call on the stocks from a Bank or similar.
@MargaretNjeri-qu2yn5 ай бұрын
The best way to save money in kenya
@evanjohnson86826 ай бұрын
Bonus hack! ❤
@koolaid4yomomma6 ай бұрын
This video was awesome, a real eye opener. I’m on the right path just needed a little motivation and insight
@atterburyeagle62995 ай бұрын
Dropping gems
@tim_95626 ай бұрын
65/20/15
@joe77njcp6 ай бұрын
It’s true don’t buy things that you in reality don’t need my biggest spending in years is my laptop. I do need it it’s better then my phone
@tatygrajales5 ай бұрын
I need to get this one in spanish
@davidlen76436 ай бұрын
Useful tips but no time stamp too long
@Martian746 ай бұрын
I am a sales engineer so I get $18 k in car allowance per year so I have to spend it or lose it.
@artat7775 ай бұрын
Love your videos your information is awesome. You talk too fast. I’m a slow learner lol. 🎉
@markaword15616 ай бұрын
I dont miss a single video. 2024 was not the year to buy a new truck, thats forsure
@rodneyjenkins69316 ай бұрын
And 2025 is not the year to buy a new vehicle.
@obiomaokeydicksonchimezie23365 ай бұрын
Honestly ur lecture has increased my financial IQ.
@ericdonalson80776 ай бұрын
awesome
@blink_12236 ай бұрын
If Jaspreet is making "decent money", I'm making monopoly money 😭😭😭😭
@jeffaragon6 ай бұрын
The easiest way is to understand your tax bracket know what you make a year and understand the tax bracket for dividends qualified or non qualified. And youll be ok. If its to difficult then pay someone. But im speaking from a dividend income cash flow investor.😂🎉
@metalmilitia2246 ай бұрын
🤔 what wrong with buying a BMW?
@getusome086 ай бұрын
Nothing if you can buy it with your dividend checks. The point is buy a get me from a to b car easy on the pocket book until then.
@XennialGuy6 ай бұрын
It's not a McLaren, that's what's wrong.
@nitinjadhav-wj4zv6 ай бұрын
That advice is only for people who are quite satisfied with Toyota or Honda and don't have to break the bank for a sensible means of transportation.
@601johnniemoney6 ай бұрын
DNT you have to be making some money first 🤔
@sauljimenez67386 ай бұрын
My man, you can easily get a better car and write it off on taxes as a business expense since you have to travel to places and your image is part of your branding.
@getinthespace77156 ай бұрын
My accountant charges less than turbo tax... Look for an accountant, people.
@wt96535 ай бұрын
You save and save and save. Before you know it. You're filthy rich. Most importantly, you're very old and you ran out of time to spend the money.