Deloitte did a study where they discovered the average millennial has a net worth of less than $8,000 - here’s what you can do to take charge of your finances. Subscribe To Our Channel:
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Millennials Are Only Worth HOW MUCH?!
0:10 - News stations love talking about how millennials are financially screwed
0:44 - The average net worth of a millennial is $8,000
1:18 - Putting the millennial net worth in perspective with baby boomers
1:52 - Three things you need to do to take advantage of what’s happening in the economy
2:03 - This digital revolution is a new economy for millennials
3:36.- We still have no financial education
4:26 - Financing things you don’t need, you can’t afford, that don’t pay you is why the majority of people will never build wealth
5:11 - There are other options to be successful for millennials
5:43.- Create a system for your money so you know how much money to spend how much money to invest and how much money to save
6:06 - You need to earn more money smartly
8:06 - Once you learn how to earn more money then you have to take action and change your lifestyle
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 #MoneyManagement
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Video host: Jaspreet Singh
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