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

On Purpose with Jay Shetty

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.