Minority Mindset
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4 Steps To More Money In 2017 | How To Have More Money - Make More Money This Year
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January 4, 2017
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5:34Now PlayingI'd say everyone would like to make more money this year than they did next year - here are 4 tips that will help!
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4 Steps To Have More Money In 2017 | Minority Mindset - Jaspreet Singh
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I wrote an eBook on how you can do this, you can read it for free.
I know this tip isn’t going to make you a quick buck. But my goal isn’t to give you a Band-Aid like the majority of publications telling you to do a focus group for $15. I want you to understand how to build an income stream if not a whole business
Think from the mindset of the consumer and be the provider - That’s the Minority Mindset.
Second, after you make money, you have to get your money working for you. So in 2017, stop saving money to save it.
I know that might come as a surprise, but the reality is we’ve been lied to our whole lives. Saving your money is a guaranteed route to broke because when you save money, the value of your money goes decreases every single day because of inflation. If you want to see how you should save, watch my video on budgeting for wealth.
A nickle is almost worthless now because of inflation. So if you saved that nickel, you’re savings wouldn’t buy you anything anymore. I made a video explaining this, you can watch it here or by clicking the link in the caption
Instead of just saving your money, invest your money by buying seeds. Seeds are things that grow and make you more money. You can read my free eBook on investing to learn more about how investing works.
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Now that you are making money and have your money working for you, we’re onto step 3, how to keep your money.
Alright guys, you need to hire an accountant or use a tax software to help you do your taxes. Every year, there are billions of dollars worth of tax deductions that we don’t claim. Stop overpaying in taxes.
Want to guess how many pages the tax code is?
Its 74,608 pages long. Unless you’re an accountant, it’s not worth your time or money to figure out how it works.
And last, but definitely not least, stop buying dumb things you cannot afford.
I’ve said it before, I’ll say it again. If you cannot buy 5 of them you cannot afford 1 of them.
Remember the goal isn’t to look rich, it’s to be rich. Grind now so you can shine later
Based in Detroit. #Punjab
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 - 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.
