Jaspreet Singh ON: 3 Money Myths That Are Making You Poorer Every Day & How to Survive and Thrive in a Recession
Jaspreet Singh ON: 3 Money Myths That Are Making You Poorer Every Day & How to Survive and Thrive in a Recession  
Podcast: On Purpose with Jay Shetty
Published On: Mon Jul 25 2022
Description: 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 CalmJay 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 Intro02:07 Understanding the role of money in your life04:55 Four aspects of life08:03 Money is a tool for you to do the things you want to do11:42 Importance of financial education14:26 The 3 bad habits in handling money16:08 Don’t go broke just to look rich18:10 The problem with saving money19:30 Stop blindly following the system27:59 Understanding the concept of money30:53 Equity33:58 The wealth formula36:10 Investing with little money40:42 The best investment in the world45:09 Delayed gratification49:43 Having financial confidence51:27 Recessions and market crashes1:02:56 Avoid emotional investing1:09:22 Jaspreet’s Final FiveEpisode ResourcesJaspreet Singh | InstagramJaspreet Singh | TwitterJaspreet Singh | WebsiteSee omnystudio.com/listener for privacy information.