The Minority Mindset Show

• WHY Renting May Be A BETTER OPTION Vs Buying A Home!

  “Buying isn’t always better. Sometimes renting is the smart move—and here’s why.” In this episode, Jaspreet challenges the myth that homeownership is always the path to wealth and breaks down the real costs of owning vs. renting. It’s not just about the monthly mortgage—there’s a lot more under the hood. The 5 hidden costs of owning a home most people ignore Why more wealthy people are choosing to rent How opportunity cost eats into your equity What the 10-year plan has to do with your decision Why buying a home you can’t afford is riskier than renting The 5 things you need before you're truly ready to buy Before you jump into homeownership because “it’s cheaper than rent,” make sure you’re not overlooking the real math—and the long-term tradeoffs. Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market 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 ----------

  --------  

  18:00
• My Thoughts On Dave Ramsey's 7 Baby Steps In 2024 (DOES IT WORK?)

  “Ramsey says avoid all debt. Kiyosaki says use debt to get rich. Who’s right?” In this episode, Jaspreet shares his personal experience testing out Dave Ramsey’s 7 Baby Steps—what worked, what didn’t, and how to adapt them for your own goals in 2024. The key difference between Ramsey and Kiyosaki’s approach to building wealth Why a $1,000 emergency fund might not cut it anymore Which debts you should actually pay off first—and why What Jaspreet did instead of opening a 401(k) Alternatives to college funds that build wealth and flexibility for your kids When it makes sense to pay off your mortgage early—and when it doesn’t How to follow the baby steps without living a boring financial life Whether you want peace of mind or aggressive wealth-building, this breakdown will help you personalize the path—and avoid blindly following advice that doesn’t fit your vision. Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market 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 ----------

  --------  

  21:56
• The 7 Biggest Money Traps to Avoid That Are Killing Your Wealth - Don't Do This

  "A good financial decision moves you forward—but a bad one can set you back even more." In this episode, you’ll learn how to spot and avoid seven of the biggest money traps that quietly sabotage your financial future—so you can build wealth without unnecessary setbacks. What lifestyle inflation really looks like—and how to break the cycle Why waiting for the “perfect” time to invest is keeping you broke The triple cost of financing a car versus buying one with cash How to “act your wage” without living in scarcity When saving cash is actually smart—and how much to keep How to avoid the loyalty tax most people pay without realizing it Why looking rich before building real wealth is a losing game Avoiding these traps isn’t about deprivation—it’s about clarity, discipline, and knowing how to play the long game. Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market 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 ----------

  --------  

  19:59
• How Come No One Talks About These 7 Wealth Killers

  "Most people don’t get rich because they don’t realize what’s keeping them broke." In this episode, Jaspreet uncovers seven hidden wealth killers that hold people back from financial freedom—often without them even realizing it. Why an 800 credit score won’t make you wealthy The real cost of car payments and why financing a car keeps you broke How buying a home can hurt your finances if you’re not ready The hidden cost of time—how TV and distractions kill financial growth Why buying luxury before assets is a mistake How small daily expenses quietly drain your ability to build wealth The dangers of get-rich-quick schemes and financial misinformation Recognizing these traps can help you shift your mindset, protect your money, and start building true wealth. Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market 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 ----------

  --------  

  18:43
• The Rich Think Differently About Money - And How You Can Too

  "The wealthy don’t just work for money—they make money work for them." This episode explores five key ways rich people think differently about money and how those shifts can change financial outcomes. The importance of growing wealth rather than just earning more How to structure finances to protect and keep more of what’s earned The distinction between assets and liabilities—and why it matters Why limiting beliefs around income potential hold people back How calculated risks play a role in long-term financial success Understanding these principles can lead to more control over money and greater financial stability. Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market 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 ----------

  --------  

  17:35

More Business podcasts

Trending Business podcasts

About The Minority Mindset Show