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Jay Shetty PodcastJay Shetty Podcast

The 3 MONEY MYTHS That Keep You Poor! (How To Build Wealth) | Jaspreet Singh & Jay Shetty

Jay Shetty talks to Jaspreet Singh about financial education. The best investment that you can do in your life is to invest in yourself.

Jaspreet SinghguestJay Shettyhost
Jul 25, 20221h 11mWatch on YouTube

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Episode Details

EPISODE INFO

Released
July 25, 2022
Duration
1h 11m
Channel
Jay Shetty Podcast
Watch on YouTube
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EPISODE DESCRIPTION

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 Do you want to meditate daily with me? Go to http://calm.com/jay to get 40% off a Calm Premium Membership. Experience the Daily Jay Only on Calm!

SPEAKERS

  • Jaspreet Singh

    guest

    Entrepreneur and financial educator known for Minority Mindset, focused on personal finance and wealth-building.

  • Jay Shetty

    host

    Host of the On Purpose podcast and author of Think Like a Monk, focused on wellbeing and personal development.

EPISODE SUMMARY

In this episode of Jay Shetty Podcast, featuring Jaspreet Singh and Jay Shetty, The 3 MONEY MYTHS That Keep You Poor! (How To Build Wealth) | Jaspreet Singh & Jay Shetty explores Jaspreet Singh Explains Why Financial Education, Not Saving, Builds Real Wealth Jaspreet Singh frames money as one of four life areas (physical, mental, spiritual, financial) in his QuadraFit theory, and says money amplifies who you already are rather than making you happier.

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