Does a Big House and Fast Car Make You Wealthy

Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . George has $10,000 in savings and is in debt $1,000,000 while Nancy has $500,000 in savings and $0 in debt. Who is wealthier? Let's analyze who is wealthier and what wealth is Subscribe To Our Channel: http://bit.ly/M2YouTube 🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: http://bit.ly/m2InvestingeBook Who is Wealthier 0:14 - Who is wealthier background information 1:02 - Understanding what “who is wealthier” means 1:45 - The majority of people would rather have the nice things 2:15 - Look at the finances, first subtract income taxes 2:59 - After you pay your taxes you have to pay your banker 3:50 - Recap the finances after paying all expenses 4:43 - Plan for the worst 5:01 - Now George and Nancy don’t have income coming in - how this affects their finances 6:10 - How George will manage his finances after the tragedy 7:10 - The real sign of wealth is how you thrive when times are bad What 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 Twitter: @M2JaspreetSingh Personal Instagram: @M2JaspreetSingh Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/nDHh8gFq3J0 Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh