The Minority Mindset Show

The 5 Money Lies That Keep Americans Poor


Listen Later

"If you're doing everything right with money but you don't feel wealthy yet, chances are it's because you don't have a money playbook, at least one that's not built off of lies like the majority of people."

You've been lied to about money your entire life, and these lies are keeping you broke.

In this episode, Jaspreet exposes the five biggest financial myths that trap Americans in mediocrity and reveals the uncomfortable truths that wealthy people know but most people never learn. Time to rewrite your money playbook with facts instead of fiction.

What You'll Learn:

  • Why your house isn't an investment and how front loaded mortgages keep you poor
  • The harsh reality about who your job is legally designed to make wealthy (hint: not you)
  • How $100 a month turns into $1.45 million over 46 years without being "rich" to start
  • Why your banker isn't your financial advisor and how commission structures work against you
  • The brutal truth about 401ks and why the founder says they've "gone awry"
  • How banks front load interest payments so you spend 20 years mostly paying them
  • The time, return, money equation and why you can't get more of one crucial factor
  • Jaspreet breaks down exactly how the financial system profits from keeping you believing these lies and shows you the real math behind building wealth.

    Watch my FREE Investing Masterclass & get Market Briefs as a Free bonus! https://link.briefs.co/48aM8Ne

    Below are my recommended tools!

    Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).

    ----------

    ➤ Invest In Stocks Passively

    1) M1 Finance - Buy stocks & ETFs automatically:

    https://theminoritymindset.com/m1

    ----------

    ➤ Life Insurance

    2) Policygenius - Get a free life insurance quote:

    https://theminoritymindset.com/policygenius

    ----------

    ➤ Real Estate Investing Online

    3) Fundrise - Invest in real estate with as little as $10!

    https://theminoritymindset.com/fundrise

    ----------

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Minority Mindset ShowBy minoritymindset

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    176 ratings


    More shows like The Minority Mindset Show

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,770 Listeners

    The School of Greatness by Lewis Howes

    The School of Greatness

    21,241 Listeners

    The GaryVee Audio Experience by Gary Vaynerchuk

    The GaryVee Audio Experience

    16,817 Listeners

    The Mindset Mentor by Rob Dial

    The Mindset Mentor

    13,634 Listeners

    THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

    THE ED MYLETT SHOW

    14,053 Listeners

    Tom Bilyeu's Impact Theory by Impact Theory

    Tom Bilyeu's Impact Theory

    4,707 Listeners

    The Game with Alex Hormozi by Alex Hormozi

    The Game with Alex Hormozi

    4,389 Listeners

    Millionaires Unveiled by Jace Mattinson, CPA

    Millionaires Unveiled

    892 Listeners

    BiggerPockets Money Podcast by BiggerPockets

    BiggerPockets Money Podcast

    3,080 Listeners

    The Personal Finance Podcast by Andrew Giancola

    The Personal Finance Podcast

    1,394 Listeners

    Money For Couples with Ramit Sethi by Ramit Sethi

    Money For Couples with Ramit Sethi

    3,387 Listeners

    Build with Leila Hormozi by Leila Hormozi

    Build with Leila Hormozi

    914 Listeners

    The Money Mondays by Dan Fleyshman

    The Money Mondays

    456 Listeners

    Rich Habits Podcast by Austin Hankwitz and Robert Croak

    Rich Habits Podcast

    406 Listeners

    BigDeal by Codie Sanchez

    BigDeal

    791 Listeners