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Erika Taught Me

Escape the Cycle That Keeps You BROKE with Minority Mindset

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.82.3K Ratings

🗓️ 6 December 2022

⏱️ 87 minutes

🧾️ Download transcript

Summary

#9: As the founder of the Minority Mindset, one of the original YouTube channels breaking the taboo of talking about finance, Jaspreet Singh joins me in today’s episode to share his untold advice for anyone wanting to escape the cycle that keeps you broke. To apply for the Senior Podcast Producer position at Erika Taught Me: https://erikakullberg.com/producer-application Special thanks to our partners: Webull (free stocks) - erikataughtme.com/invest Aura - erikataughtme.com/aura Bilt Rewards - erikataughtme.com/bilt Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠ Watch this episode on YouTube. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erikakullberg.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ For more information, go to⁠ https://www.erikataughtme.com/⁠. Get on my personal finance & investing course priority waitlist here. https://erikakullberg.com/3DMoney Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erikakullberg.com/MasteringYT ⁠Get more of my free resources.⁠

Transcript

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0:00.0

The first mistake that I think people are making is the fault of the two S's.

0:03.7

You're saving and spending all of your money.

0:06.5

It doesn't matter how much money you make.

0:08.2

If you don't know how to manage your money,

0:09.7

if you don't know how to spend your money, you are going to be broke.

0:12.2

If you keep doing what everybody else is doing,

0:13.8

you're going to end up just like everybody else,

0:15.6

which the majority people is broke, miserable, unhappy,

0:19.8

and not fulfilled.

0:21.4

Because the reality is money talks.

0:23.6

And we can make it and many excuses as we want, but money talks.

0:28.8

Here's stories.

0:30.0

All the time on social media, people are like,

0:32.0

oh, I've been from zero to six fingers in six months.

0:35.3

Okay, how?

0:36.4

It doesn't always work like that.

0:37.8

Like that is the exception, not the rule.

0:40.9

But you see the loud, flashy, wealth fail.

0:44.5

But the slow, silent kind of that,

0:47.4

little, little, little bit of progress.

0:49.0

Those are the people that become insanely successful

0:51.6

because you're not trying to just show it all off.

...

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