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

About this episode

You can order my new book 8 RULES OF LOVE at 8rulesoflove.com or at a retail store near you. You can also get the chance to see me live on my first ever world tour. This is a 90 minute interactive show where I will take you on a journey of finding, keeping and even letting go of love. Head to jayshettytour.com and find out if I'll be in a city near you. Thank you so much for all your support - I hope to see you soon. Do you want to meditate daily with me? Go to go.calm.com/onpurpose to get 40% off a Calm Premium Membership. Experience the Daily Jay. Only on Calm 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. Want to be a Jay Shetty Certified Life Coach? Get the Digital Guide and Workbook from Jay Shetty https://jayshettypurpose.com/fb-getting-started-as-a-life-coach-podcast/ What We Discuss: 00:00 Intro 02:07 Understanding the role of money in your life 04:55 Four aspects of life 08:03 Money is a tool for you to do the things you want to do 11:42 Importance of financial education 14:26 The 3 bad habits in handling money 16:08 Don’t go broke just to look rich 18:10 The problem with saving money 19:30 Stop blindly following the system 27:59 Understanding the concept of money 30:53 Equity 33:58 The wealth formula 36:10 Investing with little money 40:42 The best investment in the world 45:09 Delayed gratification 49:43 Having financial confidence 51:27 Recessions and market crashes 1:02:56 Avoid emotional investing 1:09:22 Jaspreet’s Final Five Episode Resources Jaspreet Singh | Instagram Jaspreet Singh | Twitter Jaspreet Singh | Website See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit podcastchoices.com/adchoices