This content was created by Lewis Howes. This content was uploaded by Lewis Howes. This is a YouTube video titled "Never Take Advice From THESE People…" featuring Jaspreet Singh discussing the cultural expectations of Indian immigrants in America, the disconnect between high income and financial wealth, and the importance of financial education over consumerism.
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If somebody doesn't have what it is that you want, you probably shouldn't listen to them. On how to get where you want to go. My parents and a lot of traditional Indian immigrants. You come to a new country like America, with very little. You work very hard. Now you want your kids to have a better life. And if you don't have financial education, you're gonna say that the best way to do that is go and become a doctor. That's why you see so many Indian people become doctors. It's because your parents beat it into you since the day you're one. But what I learned was there's a disconnect between. Between being a doctor and being financially wealthy. I can make a million dollars a year and be broke, which a lot of people actually are. Because when you start to make more money, you first think, if I had an additional $100,000 a year, oh, my God, I could do so many things. Because we think in terms of spending. America is a consumer nation. When I was making money first, I took my money and I bought nice watches and I dumped it back into my car. I mean, that's what I thought was normal. But as you start to learn, you realize that doesn't do anything for your wealth. There's no wealth built into tricking out your car. There's no wealth built into spending money on n. It looks nice and it's nice. If you want to have it, it's fine. But that's not going to make you wealthy. And you got to decide what's more important to you.
