Jaspreet Singh’s Paycheck Strategy: 5 Ways To Save, Invest and Build Wealth Fast

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Ashley DonohoeSat, Sep 20, 2025, 2:21 PM 4 min readAccording to the Federal Reserve’s latest Economic Well-Being of U.S. Households report, 49% of Americans said their monthly spending was equal to or more than their monthly earnings. This trend was common even at higher income levels.Read More: I Paid Off $40,000 in 7 Months Doing These 5 ThingsTrending Now: 25 Places To Buy a Home If You Want It To Gain ValueIn a YouTube video, personal finance expert Jaspreet Singh explained, “It’s not your income that will determine if you become wealthy or not — it’s what you do with your income.” Here are five things he suggested doing with each paycheck so you have money left to build your wealth.Rather than using their paychecks strategically, many people get into the routine of spending whatever they earn. That’s why Singh recommended a three-bucket setup that ensures you allocate a portion of your income to different purposes.His system involves having three separate bank accounts for spending, investing and saving, and using automatic transfers between them. Singh said you should use no more than 75% of your pay to cover your spending, and invest at least 15% while saving at least 10%.He added that savings should include three months to one year of expenses. While the target amount will depend on your life situation and responsibilities, having even three months of emergency savings would put you ahead of 54% of Americans, according to a recent FINRA Foundation report.Find Out: Dave Ramsey Says This Is the Best Way To Pay Off DebtSingh said, “The mistake that so many people make is they assume that if I make more money, all my financial problems will be solved.” When your paycheck goes up, you might find yourself paying for more things, like a new car or a fancy vacation, even if you originally intended to invest or save some money. As a result, you could end up living paycheck to paycheck even on a higher income.Following Singh’s three-bucket system helps you avoid that problem, and you may find that you use less than 75% of your higher paycheck for expenses. You could then redirect more money to investments that accelerate building wealth.As for getting a raise, Singh recommended providing specific examples of your value as an employee, such as extra duties you’ve taken on that help the company’s bottom line. He also discussed side gigs as another way to make extra money.While some financial experts recommend prioritizing debt repayment over investing, Singh takes a more situational approach that considers your financial position and debt type.CGU et Politique de confidentialitéPrivacy & Cookie SettingsMore InfoS&P 5006,664.36 +32.40 (+0.49%)Dow 3046,315.27 +172.85 (+0.37%)Nasdaq22,631.48 +160.75 (+0.72%)Russell 20002,448.77 -18.93 (-0.77%)VIX15.45 -0.25 (-1.59%)Gold3,705.80 +27.50 (+0.75%)PortefeuilleConnectez-vous pour accéder à votre portefeuilleSe connecterLes plus performantsOKLO Oklo Inc. 135.23 +30.26 (+28.83%)BHF Brighthouse Financial, Inc. 57.59 +12.33 (+27.24%)QUBT Quantum Computing Inc. 23.27 +4.92 (+26.81%)MENS Jyong Biotech Ltd. 65.62 +13.87 (+26.80%)SMR NuScale Power Corporation 46.77 +8.65 (+22.69%)Les moins performantsDXCM DexCom, Inc. 67.45 -8.33 (-10.99%)HESM Hess Midstream LP 35.36 -4.12 (-10.44%)VOR Vor Biopharma Inc. 27.24 -3.16 (-10.39%)CART Maplebear Inc. 41.50 -3.90 (-8.59%)ORLA Orla Mining Ltd. 10.22 -0.85 (-7.68%)Les plus liquidesOPEN Opendoor Technologies Inc. 9.57 -0.37 (-3.72%)INTC Intel Corporation 29.58 -0.99 (-3.24%)SNAP Snap Inc. 8.16 -0.28 (-3.32%)NVDA NVIDIA Corporation 176.67 +0.43 (+0.24%)BBAI BigBear.ai Holdings, Inc. 6.85 +0.57 (+9.08%)Événements concernant les bénéficesÉvénements concernant mes bénéficesÉvénements concernant les bénéficesActions du moment^GSPC S&P 500 6,664.36 +32.40 (+0.49%)^DJI Dow Jones Industrial Average 46,315.27 +172.85 (+0.37%)BTC-USD Bitcoin USD 115,874.88 -415.96 (-0.36%)QUBT Quantum Computing Inc. 23.27 +4.92 (+26.81%)OKLO Oklo Inc. 135.23 +30.26 (+28.83%)Principaux événements économiques