Jay Shetty talks to Jaspreet Singh about financial education. The best investment that you can do in your life is to invest in yourself. That’s why learning about finance is an important skill that we need to acquire in order for us to grow our mental wealth while also growing our financial wealth. Jaspreet Singh is a serial entrepreneur and licensed attorney. Although he didn’t receive any formal financial education – he’s on a mission to make financial education fun and accessible. Jaspreet is the Chief Executive Money Nerd at the Minority Mindset Companies and the host of the Minority Mindset YouTube Channel. Want to be a Jay Shetty Certified Life Coach? Get the Digital Guide and Workbook from Jay Shetty https://jayshettypurpose.com/fb-getting-started-as-a-life-coach-podcast/ What We Discuss: 00:00 Intro 02:07 Understanding the role of money in your life 04:55 Four aspects of life 08:03 Money is a tool for you to do the things you want to do 11:42 Importance of financial education 14:26 The 3 bad habits in handling money 16:08 Don’t go broke just to look rich 18:10 The problem with saving money 19:30 Stop blindly following the system 27:59 Understanding the concept of money 30:53 Equity 33:58 The wealth formula 36:10 Investing with little money 40:42 The best investment in the world 45:09 Delayed gratification 49:43 Having financial confidence 51:27 Recessions and market crashes 1:02:56 Avoid emotional investing 1:09:22 Jaspreet’s Final Five Do you want to meditate daily with me? Go to http://calm.com/jay to get 40% off a Calm Premium Membership. Experience the Daily Jay Only on Calm!