It's never gonna work for someone living in poverty, when you never have enough to really live. When you are already in hardship, saving ten per cent is only going to mean more hardship.
I tried to diversify my weeks wages last week. I put the money on 3 different races at the meeting in Epsom. Lost all 3. Next time ill hold on to my money
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
Hi Nischa, I’d like to see how you got about analysing your yearly spend. I try to do this monthly, and I’m not sure I am organising my tracker effectively, so would love to see!
Can you make a video on what assets you invest in and best stocks to invest in. I have a side hustle which is generating good income, but I am working hard for it and it’s taking up my biggest currency, TIME!’ I want to make money while I sleep.
Don't have a spare $800 to "save" each month. Also, I don't spend for coffee, fast food, random items, don't go out to eat, don't go to clubs, bars,parties or events. Tried "side hustles" but it actually costs me more in taxes than it was worth for the time and wear of my car as I don't have enough deductions to make it worth it. Now I'm still trying to pay back the extra taxes it put on me.
Hey, I was wondering if you could do a video on types of debt solutions? Love the content, wish I stumbled upon this before getting my self into a deep old mess.
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>>
I do love your videos! I wish you could speak a little less fast. English is not my mother tongue and it's really hard to follow you. I'm pretty sure even the native english speakers would appreaciate a little less speaking speed. Lot's of love from Germany.
This is such great advice and so fundamental! I can literally give a testimony to every point she made. I’ve done everything thing she mentioned and I have managed to save a good amount of money, her first point is a great strategy if you get that down the rest Will follow.
I put 20% of my salary into my 401k retirement account the last 15 years i also saved from 6-15% the other years (BTW NEVER GOT CLOSE TO 100K). I wished to retire early; one week expensive vacations every year or 36 months not having to go to work. That's your call. Note I did not live like a monk in a cave, as I live in NYC I selected a area I could afford.
I have never heard of 'Parkinsons Law' before, but this makes so much sense to me! I'll be starting a new job soon, and am looking forward to getting my savings in check. I'll be keeping this in mind for sure. Thank you for sharing your knowledge with us!
Great insights Nisha! One approach I've found particularly helpful for me is using automated savings plans. By setting up automatic transfers to a savings or investment account, you effectively "pay yourself first." This not only ensures consistent savings growth but also reduces the temptation to spend impulsively. Also exploring high-interest savings accounts or low-risk investments can provide a boost to your savings through compounding interest over time. Keep up the fantastic work!
She's absolutely right when it comes to figuring out how to live off of less. We set aside nearly 50% of our income, and we don't make anywhere near 6 figures. We figured out how to make it work.
Plum isn't that good imo…£you can have £50 left n it'll take £20 and then you can't get thd money back straight away because its not an instant transfer.
Best thing I ever done was to get You Need. Budget greet app
Where's her accent from?
Her voice sounds like warm chai latte on a cold winter morning
It's never gonna work for someone living in poverty, when you never have enough to really live.
When you are already in hardship, saving ten per cent is only going to mean more hardship.
Hey Nischa, where do you put your savings? I want one with a ueful bucket option like Ally or SoFi but both of them are for US citizens
I tried to diversify my weeks wages last week. I put the money on 3 different races at the meeting in Epsom. Lost all 3. Next time ill hold on to my money
'Parkinsons law' defined my entire University degree approach…
💏🐷
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
I'm self employed so i don't get a salary payment. My income comes in in stages. That makes aaving 10% on one foxed date difficult.
Yes, I do love Monzo! It's nice for me and I love the analytics! I do like the round-ups; they really work well.
I want to see the report you did!
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
I would like to know how you track?
Hi Nischa,
I’d like to see how you got about analysing your yearly spend. I try to do this monthly, and I’m not sure I am organising my tracker effectively, so would love to see!
Can you make a video on what assets you invest in and best stocks to invest in. I have a side hustle which is generating good income, but I am working hard for it and it’s taking up my biggest currency, TIME!’ I want to make money while I sleep.
Informative. Thank you.
To me as a foreiner 10000k seem such a big money 😂 i cannot save them, because i can not even earn that –
This Channel changed my mindset and my life forever. Thank you
Don't have a spare $800 to "save" each month. Also, I don't spend for coffee, fast food, random items, don't go out to eat, don't go to clubs, bars,parties or events. Tried "side hustles" but it actually costs me more in taxes than it was worth for the time and wear of my car as I don't have enough deductions to make it worth it. Now I'm still trying to pay back the extra taxes it put on me.
I enjoyed this video
Great video, as always! Please share the video about the year in review, I'd like to watch that.
Nischa, I want to see your Year in Review process please. Thanks for your help
5. Set it and forget it!
Automate a percentage coming out of your paycheck and don't bother to look at it for the next 6 months…
Hey, I was wondering if you could do a video on types of debt solutions? Love the content, wish I stumbled upon this before getting my self into a deep old mess.
Minimalism helps me so much.
I’d be interested to see that analysis video from the flight! ✈️
Wanted to see if my comment gets a like by Nischa.
Hye beautiful will u marry me?
I have zero £s in my bank account, but I've saved quite a few around my waistline.
Did you share the video of you analysing your accounts?
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>>
Lit ep
I do love your videos! I wish you could speak a little less fast. English is not my mother tongue and it's really hard to follow you. I'm pretty sure even the native english speakers would appreaciate a little less speaking speed. Lot's of love from Germany.
Your fan!
Yes please to seeing your yearly review 😁
This is such great advice and so fundamental! I can literally give a testimony to every point she made. I’ve done everything thing she mentioned and I have managed to save a good amount of money, her first point is a great strategy if you get that down the rest Will follow.
I put 20% of my salary into my 401k retirement account the last 15 years i also saved from 6-15% the other years (BTW NEVER GOT CLOSE TO 100K). I wished to retire early; one week expensive vacations every year or 36 months not having to go to work. That's your call. Note I did not live like a monk in a cave, as I live in NYC I selected a area I could afford.
☺️ thank you
Your content is amazing Nischa. Thank you so much for not being a gatekeeper and sharing with us. All the best
I have never heard of 'Parkinsons Law' before, but this makes so much sense to me!
I'll be starting a new job soon, and am looking forward to getting my savings in check. I'll be keeping this in mind for sure.
Thank you for sharing your knowledge with us!
Great insights Nisha! One approach I've found particularly helpful for me is using automated savings plans. By setting up automatic transfers to a savings or investment account, you effectively "pay yourself first." This not only ensures consistent savings growth but also reduces the temptation to spend impulsively. Also exploring high-interest savings accounts or low-risk investments can provide a boost to your savings through compounding interest over time. Keep up the fantastic work!
She's absolutely right when it comes to figuring out how to live off of less. We set aside nearly 50% of our income, and we don't make anywhere near 6 figures. We figured out how to make it work.
Always great tips! I have done the same a couple of years ago and it paid back until now!
hi nischa I watch your video and I enjoy it.
It's not what you save it's what you spend. I could save $5000 on a car, but i still spent $23000.
Great advise
Your videos are so good, starting to see progress, thanks
I wanted to ask does money stay safe in the bank or they play around with it
Plum isn't that good imo…£you can have £50 left n it'll take £20 and then you can't get thd money back straight away because its not an instant transfer.