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In response, Cruze made a video reacting to and discussing Singhs tips while adding her own insights.

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Read on to see whether or not these two experts agree onthe best ways to use $1,000.

What Does Jaspreet Singh Say?

According to him, reading books can provide an MBA-level education, without the MBA price tag.

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Cruze agreed that reading can help you gain a lot of financial knowledge.

She said some financial goals are the fuel behind how the reality of your money actually plays out.

Singh likespassive, dividend-producing, long-term investmentssuch as index funds and real estate.

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He also personally invests in other businesses.

Cruze also recommends investing beyond your retirement account but advises against single-stock investing.

What Does Rachel Cruze Say?

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Only after completing these steps does Cruze recommend that you focus on the seventh baby step:building wealth.

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