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This Is Why Americans Are Broke (RANT)

2024-03-21 Education
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Minority Mindset
Minority Mindset
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Register for my live (and free) real estate investing workshop: https://briefs.co/reworkshop Subscribe to Market Briefs for FREE and get my daily financial newsletter: https://briefs.co/market/jaspreet ✅ Check out my products: 1. Market Briefs - Get my free financial newsletter for investors: https://briefs.co/market/jaspreet 2. Free eBook - How To Build Wealth As An Investor here: https://briefs.co/yt/build-wealth 3. Business Accounting - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: https://theminoritymindset.com/yt/accounting Recommended: The article I’m ranting about in this video: https://finance.yahoo.com/news/with-food-inflation-still-hot-consumers-turn-to-buy-now-pay-later-to-buy-groceries-and-takeout-140000942.html I Can't Believe People Are Financing Their Sofas... https://youtu.be/JlY1pj3tybE?si=TRSpFbZWh3XTlVV3 What Is The Minority Mindset? "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh My recommended tools! 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. ---------- ➤ Invest In Stocks Passively 1) 📈 M1 Finance - Buy stocks & ETFs automatically: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) 🛡 Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) 🏠 Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ---------- ➤ Buy Gold Passively 4) 👑 Vaulted - Buy physical gold on autopilot: https://theminoritymindset.com/yt/vaulted ---------- Follow me: Instagram: https://www.Instagram.com/MinorityMindset Website: https://www.TheMinorityMindset.com Want More 🥑🥑? Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Top Comments (10)

@SunshineExplorers 2024-03-21

Don't let your wife go to target alone. That's the real financial advice of the day

258 28 replies
@pines-by-the-lagoon 2024-03-21

As someone who comes from financially disastrous family, I can say that money was not the worst of their problems: it's refusing to admit they had spending problems and refusal to plan for the future, blaming others but buying into scams.

122
@ShashankKatiyar0 2024-03-21

The first principle of not going broke: "Don't have money, don’t buy it"...Parents.

116 6 replies
@newyawktawk 2024-03-21

Financing groceries?? Now you know it's bad out here. Thank you Jaspreet for always speaking that truth!

102 6 replies
@Zee06 2024-03-21

I bought a $3000 living set for $150. My town has a community yard sale twice a year. It’s an affluent neighborhood, so people tend to get new furniture every few years. I take advantage of them selling their old, slightly used furniture.

62 3 replies
@gina468 2024-03-21

People need to wake up. Just cut down on the spending.

49 4 replies
@ThePuttercross 2024-03-21

IMO, this is why the ability to delay gratification is the biggest indicator of building wealth.

37 2 replies
@sipinosapa 2024-03-21

“But Jaspreet, how am I going to afford my Gucci?” -Guy with spending problems.

27
@MinorityMindset 2024-03-21

Register my live (and free) real estate investing workshop: https://www.briefs.co/reworkshop WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

20 3 replies
@CarysCorner 2024-03-21

The question is, are they going to be able to pay later? Eventually, you have to buy groceries again.

14

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