Don't Do These 5 Things With Your Money

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  • Published on:  8/2/2017
  • So you just got paid! Woo - well, here are 5 things NOT to do with your money so you don't end up like the majority. Remember, it's not how much money you make but how much money you keep.Subscribe To Our Channel: http://bit.ly/M2YouTube🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: http://theminoritymindset.com/get-ric...Don't Do These 5 Things With Your Money0:34 - If you do what the majority does you will end up like the majority0:43 - #1 Don't let the world know you got paid1:33 - #2 Don't grow your money or invest your money like the majority ("invest")3:05 - #3 Stop spending money on dumb things 3:35 - #4 Don't be a cliff spender 4:24 - #5 Stop listening to sales people - know your numberWhat Is The Minority Mindset?The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset.Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH#ThinkMinority#FinancialLiteracy#MoneyManagement#MoneyTips#BudgetingSnapchat @M2JaspreetSinghPersonal Instagram: @M2JaspreetSinghInstagram: http://www.Instagram.com/MinorityMindsetFacebook: http://www.Facebook.com/MinorityMindsethttp://www.TheMinorityMindset.comThis Video: https://youtu.be/BkCmAfliYlMChannel: https://www.youtube.com/MinorityMindsetBased in Detroit. #PunjabJaspreet Singh
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Comment

  • Minority Mindset 1 years ago

    Thank you for watching! If you enjoyed this video, you should watch: If Only School Required This Lesson on Money https://www.201tube.com/video/etQ3Cv-PlSU/video.html

  • myname is 2 months ago

    thank you for explaining the lottery to people, its a poor man's dream, no offence.

  • Messiah38 2 months ago

    I always pay bills 2 weeks in advance so next payday goes in the bank.

  • jowhr MRGENOCIDE 1 years ago

    If you can't buy 5 of them you can't afford 1 👍👍👍

  • BigChills71 23 days ago

    This is my new principal. 😁

  • Eddie Wow 1 months ago

    cybersasho how’s your bitcoin now? Hahahahahahahahhaahaha

  • John C 11 months ago

    All the down thumbs are from goddamn car salesmen.

  • Penguin 3 months ago

    *slaps roof of car*

  • GrayFatty 5 months ago

    Lol you're not wrong

  • Charlie Brookes 1 years ago

    I save around 50% of my income, and i don't set myself any rules. I buy what I want when I want, I just don't want a lot, I'm happy preparing my own food, exercising, and having a few beers with my mates at the weekend. The quality things in life are either free or cost very little. I'm not saving for anything, just there's nothing more i need to buy

  • Curtiss Miller 8 days ago

    Blah blah blah....just watch the video dick 🤦🏿‍♂️

  • Lucky W 1 months ago

    Charlie Brookes reinvest it back into a business or something that makes more money

  • Lil Malice 10 months ago

    He said "most Americans have less than $1,000 in their savings account". I used to be one of those people

  • Eddie Wow 1 months ago

    Hah joke’s on all of you i got $1001.59. Peasants

  • T. Man 1 months ago

    @Link Knight can you help me out ? i could really use a boost. just paid my auto insurance and living on disability the struggle is real.

  • PanaProduction 1 years ago

    Few people will take this advice sadly:(

  • unmarkedX 1 months ago

    WooferJr your point is valid . I personally wouldn’t spend anything on luxury or entertainment if it weren’t for women . And those who say “just go after better women” don’t really know what has happened to Western women over the past decades . We are not all part of traditional migrant communities. Most of us have to deal with 🤡 world employing 🤡 game

  • unmarkedX 1 months ago

    Cash is not always possible in today’s world . You ll waste all your money on rent if you are waiting to buy your first house in cash

  • Reiden Lightman 7 months ago

    1. Don’t broadcast your paycheck. It only makes your friends ask for favorites.2. Do not gamble with it. You will not be the next gambling millionaire.3. Don’t spend it on stupid things. Plan out your spending.4. Don’t spend everything too quickly. Have a plan for your money. Do a budget.5. Stop listening to sales people.This is actually more like one thing not to do on payday, and four things not to do in general.

  • Keptyk 4 months ago

    Got paid today, its time for my bank account to build up. Tired of being part of the Americans with less than $1,000 in the bank

  • Christopher Rosas 5 months ago

    Funny thing is I have a friend who hasn't learned that first rule...... Seriously, she'll text me that she won 500 on a 20 dollar lotto ticket and my automatic response is........ Great, where's my 480...... I never let people know when I come into money...... But I make sure I can get all my expenses paid and treat myself from time to time when I've planned out making the expense......

  • therandomdot 10 months ago

    1) don't use savings accounts; those accounts are designed to lock your money away with restrictions on withdrawals, min balances, etc (and fees if you break them) so the bank can keep your money and use it more. (The bank isn't holding your money out of the kindness of their heart. They're investing your money and earning interest off it at large amounts while simply passing on paltry amounts to you in return. And most savings account interest rates don't even keep up with inflation or cost of living ...

  • tash-tash 8 days ago

    therandomdot great pointers !!!

  • Jak in the Jay 1 months ago

    Investing is not that easy. Just saying. Some of what you said is on the right track but ultimately you are wrong. 1) Never mix emergency and rainy day funds as they are two different things. Rainy tend to be minor whereas an emergency can be life altering. 2) Savings accounts are good if you know how you use them correctly, always do your research and see if they meet your needs.3) Have at least a years worth of unemployment funds, this helps cast a net if you ever need.4) When investing. Again...

  • Erick Banks 6 months ago

    I’m 16 and just gotta job and I watched this to make sure I don’t spend it all on stuff I don’t need

  • John Vancamper 1 months ago

    @Neonic Plays ha ha you may laugh. It's amazing how many people ( young and old ) get sucked into consumerism without ever thinking about whether the stuff they're buying is making them happier or making them wage slaves. It's like the difference between packing your suitcase for a two week holiday and packing a rucksack for a lightweight camping trip. The more you CAN take the more you do take. But ....you only need the kit in the lightweight bag....and.....once you start taking only those things, you...

  • Neonic Plays 1 months ago

    @John Vancamper im 14. Does that count? Omg im special!

  • RIXRADvidz 6 months ago

    most parents don't know this stuff to tell their kids. thank goodness common sense is still alive! and thank goodness someone has enough brains to put it out on YT.