logo
episode-header-image
Feb 2025
25m 15s

The Money System That Will Make You Weal...

minoritymindset
About this episode

"The difference between rich and wealthy? Rich people work for their money. Wealthy people make their money work for them."

Most people spend their entire lives chasing a paycheck, upgrading their lifestyle, and wondering why they never feel financially free. The truth is, earning more money doesn’t automatically make you wealthy—it’s what you do with it that counts. In this episode, Jaspreet breaks down the money system that wealthy people use to build financial freedom, step by step.

Here’s what you’ll learn:
  • The difference between rich and wealthy (and why high income doesn’t mean financial security)
  • The three types of people: average, rich, and wealthy—where do you fall?
  • Why most people fall into the lifestyle inflation trap (and how to avoid it)
  • The 75/15/10 system to automate your path to wealth
  • How to pay yourself first before you ever spend a dime
  • The best assets to invest in for long-term financial freedom
  • Active vs. passive investing—which is right for you?
  • Why real estate and stocks have built more wealth than anything else
  • How to create financial protection so you never have to rely on a paycheck again

If you’ve ever felt like you’re working harder but not getting ahead, this episode will show you how to shift from just making money to truly building 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

----------

Up next
Aug 21
How To Get So Rich You Never Have To Worry About Money Again
“Most people look rich and feel broke. Wealthy people look boring and live free.” If you never want to stress about money again, you need to flip the financial script. Jaspreet breaks down the three wealth rules that should’ve been taught in school but weren’t, starting with the ... Show More
15m 24s
Aug 19
How Much Passive Income $1,000 Gets You
“Most people use an extra $1,000 to flex. Wealthy people use it to multiply.” You won’t retire rich off $1,000 but you can start the machine. In this episode, Jaspreet breaks down exactly how far $1,000 can go when you use it to buy income instead of status. From risky oil royalt ... Show More
14m 26s
Aug 14
Why You Need To Fire Your Financial Advisor (And What To Do Instead)
“Half of financial advisors graduated at the bottom of their class. Let that sink in before you trust them with your money.” Not all financial advisors are created equal and some are getting rich while you stay stuck. In this episode, Jaspreet breaks down the four types of adviso ... Show More
11m 59s
Recommended Episodes
Mar 2025
The Psychology of Money | Simple Money Rules That Will Make You Rich with Morgan Housel
Are You Making This Huge Money Mistake?Most people think they need to make more money to get rich. But what if I told you that’s exactly why they’re broke? Today, I’m sitting down with Morgan Housel, the author of The Psychology of Money, to completely rewire the way you think ab ... Show More
57m 25s
May 21
Understanding the Difference Between Rich and Wealthy
In this eye-opening episode of the Cardone Zone, Grant Cardone reads from his groundbreaking new book, "The Wealth Creation Formula," and exposes the truth behind the financial system designed to keep you stuck Wake up and stop playing by the rules the financial elites have put i ... Show More
53m 1s
Jul 16
Increasing Your Net Worth — Escaping the Financial Traps
In Episode 266 of The Cardone Zone, Grant Cardone exposes the truth about the so-called “smart” financial moves we've all been taught — and how they’re actually traps designed to keep you broke. From 401(k)s to home mortgages to traditional savings accounts, Grant breaks down how ... Show More
53m 1s
Oct 2024
These 6 Side Hustles Made Us Millionaires - Start Making More Money TODAY (F.I.R.E. For Beginners)
▸▸▸https://www.365daystofire.com/ We're so excited to announce that enrollment for our 365 Days to F.I.R.E. Program is now open! To learn more, go to: https://www.365daystofire.com/ —-Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: https ... Show More
8m 38s
Feb 2024
Advice From Long Time Finacially Independant Investor Series
Grab a FREE copy my eBOOK, You Don’t Have to Die Broke: http://www.GeraldPeters.info 👈 Everyone starts at the beginning with zero. Some of us start below 👇 zero. I did. The blue print to building wealth hasn’t changed in 5000 years. You own a business, invest in business or rea ... Show More
21m 4s
Aug 2019
The Framework To Unlocking A Rich Life | Beau Henderson
In this episode of the Millionaire Mindcast, Beau Henderson talks about building wealth and living a rich life and shares the roadmap to unlocking it, tackles the importance of having financial literacy, and finding out the true meaning of rich and fulfilling life! Beau Henderson ... Show More
52m 21s
Mar 2025
99.5% of Billionaires Think Like This – Do This & Change Your Life
99.5% of Billionaires Think Like This – Do This & Change Your Life99.5% of billionaires think like this, Tim Ferriss success formula, how to think like a billionaire, best mindset for wealth, the secret to financial success, how to develop a rich mindset, the truth about wealth a ... Show More
7m 35s
Apr 2025
Live on 20% — The Essentials of Creating True Wealth
In Episode 255 of the Cardone Zone, Grant Cardone dives deep into one of the most important financial disciplines you can master: living on just 20% of your income. Grant breaks down the critical steps required to move beyond just being rich and instead reach true wealth. Learn t ... Show More
53m 1s
Nov 2024
Rich Dad Poor Dad - Book Summary
Rich Dad Poor Dad ou can purchase books using this link:https://amzn.to/492WPzC ou can purchase books using this link:https://amzn.to/3YY1X3w Practical Scenarios ​ Building Passive Income: Start by investing in dividend-paying stocks. Use the dividends to purchase more shares, cr ... Show More
32m 54s
Jun 24
How to FIRE Without Investing in Real Estate
You're eager to build serious wealth, but the idea of managing tenants, fixing toilets, handling trash issues, and dealing with the endless headaches that come with real estate investing makes you cringe. Even though we're the world's largest platform for real estate investors, w ... Show More
35m 14s