I'd say everyone would like to make more money this year than they did next year - here are 4 tips that will help! Subscribe To Our Channel: https://www.youtube.com/channel/UCT3EznhW_CNFcfOlyDNTLLw?sub_confirmation=1 Make Money On Instagram: http://www.minoritymindset.biz/Instagram Budget For Wealth: https://www.youtube.com/watch?v=HRRrBrF7jRA Why Saving Will Make You Broke: https://www.youtube.com/watch?v=RxLpYtUt6sc Investing 101 FREE ebook: http://www.minoritymindset.biz/GetRicherSleeping SC @M2JaspreetSingh http://www.TheMinorityMindset.com Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset 4 Steps To Have More Money In 2017 | Minority Mindset - Jaspreet Singh I think it’s safe to say that most people would like to make more money this year than they did last year. Things are changing fast in this digital revolution, so here are 4 ways you can have more money this year. What’s up everybody, I am Jaspreet Singh & welcome to the Minority Mindset. You’ve probably seen publications post articles on how you can have more money, their tips usually revolve around doing surveys online and joining focus groups. I don’t know who comes up with these ideas, because when I wanted some extra cash when I was starting off. I took that advice and I spent a lot of time taking those stupid surveys online. I made like $1.30 cents after all the work I put in and if that wasn’t bad enough I ended up with a virus on my computer. Great tips, thanks. Here’s how it actually works; if you want to have money, you need to do more than just make money. There are three things you have to do, you have to make money, you have to make your money work for you, and you have to keep that money. Don’t forget that third thing, it’s not how much money you make that matters, it’s how much money you keep. So here’s what you should do in 2017. First, regardless of whether you are in school, you have a job, you’re starting a business, or you run a business. You need to know how to earn money from the internet and social media. If you don’t know how to make money on your phone in 2017, you don’t have a smart phone, you have a dumb phone. So how do you do it? 3 steps. First, find a niche that you’re passionate and at least a little bit knowledgeable in. Second, build a following and a presence in that niche through social media, and third, monetize your followers by partnering with other businesses already in that niche and promoting their brand to your followers. Now don’t get me wrong, this is a super simplified version of how it works. It’s not going to happen overnight. But if you continually put in the work, you will build an income stream that you own forever, the amount of money you make will reflect how much work you put in. 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. 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 http://www.TheMinorityMindset.com This Video: https://youtu.be/CftQMyUPfbY Channel: https://www.youtube.com/c/MinorityMindset Based in Detroit. #Punjab Jaspreet Singh
Visibility: 48729
Duration: 5m 34s
Rating: 1327