👉🏽 My Intentional Spending Tracker (free) - nischa.me/intentionalspendingtracker

I REALLY think this channel deserves exponential growth. So much pertinent, practical information. Forget banking, educating people on financial health, habits, budgeting, and investing IS your calling. Congratulations to you @Nischa, wishing you all the best and continued success on this channel.

I think this should be required viewing in UK schools to help young adults with financial planning / management, seen too many people leave school & live WAAAAY beyond their means & are now always 'robbing Peter to pay Paul' keep up the good work

Totally agree. I’m 55 and now I regret a lot of unnecessary spending although I’ve saved a lot. I’m totally mentoring others especially the young individuals. I believe it’s starts at a young age to save and have a plan. I’ve done well but could off done way better. It’s never too late.

I’m so glad you just get straight to the point and don’t dribble on for ages with the intro ❤

It’s so important to hang out with people who have this mindset. The majority of people are not very good with money and aren’t motivated by future financial freedom. At least I can surround myself with KZfaqrs like Nischa and other subscribers!

Love your channel and videos am following for support + visibility here in the US! I particularly love that you make this information accessible and easy to understand for everyday average people to discern and understand that they too can achieve financial independence and success (on their own terms) and it’s not some far off lofty ideal. You really break down the psychological barriers because money conversations are taboo for so many reasons for so many people and they can easily shut down or dissociate as soon as money conversations come up. As a first gen and born to family of immigrants, my family still lives in survival mode mindset (they never knew otherwise) and even though I now make a decent middle class salary, I was continuing down that survival mode path had it not been for generous people like you and others I have met along the way who parted their knowledge about finances and wealth building. These are literally things that the wealthy and privileged pay for and take for granted when they inherit or come into wealth. Again, much appreciation for your time and hope many blessings keep coming your way.

I always enjoy how concise, clear and full of knowledge your videos are, so refreshing 😁

I don't know how much rich you are, but what I know that's is starting this KZfaq channel (as financial teacher) will make you really rich trust me.

Genuinely enjoyed the life experiences and how to learn from life choices. Your channel recently came up on my feed. I watch quite a few other financial channels and yours is definitely at the top of my list now. Almost reminds me a bit of reading the Millionaire Next Door. Practical approach that can be applied at any stage of life.

Amazing video Nischa! I made the same mistake buying a new car as soon as I got my first job

I agree with what you’ve said about savings, I am back in work but had 2 years off as a stay at home dad while my mrs business saw exponential growth. My savings dwindled quickly and it kinda made me realise that saving money isn’t the way forward past having an emergency fund. I struggle to even know where to start with investing, the more I read the more confused I am.

I think the last one is so important! I went through a difficult phase when I lost both of my parents in the space of 1 year; neither of them reached the age of 70 (68 and 69, heart disease). My first reaction (ok, financial reaction) was to work hard and save as much as possible because, according to the government, I am supposed to retire at 68 so the odds of having a long and happy retirement were quite slim. But then I realised, what if I die even earlier, will my life be only about making and saving money? So now, I enjoy a bit of both, I save quite a lot of my paycheque but holidays and days out with my family are back on the program

My first one would be switched to, “repairing that car.” My old car was a money heap because it was so old. It was at the major repairs stage and I chose to repair it because I couldn’t fathom letting it go. But it was a black hole of finances. I now have a car payment on a reliable car and all my car expenses are considerably less a year now

Love your videos! Ive been binging them because im tired of not knowing what to do with my money

The ant and the grasshopper story is from a French fable (La cigale et la fourmi) by La Fontaine. Every child in France learns this story in primary school.

You would ALWAYS pop up in my feed..with that 1 particular video from around like the very end of 2023 and the beginning of 2024. But i wouldn't click on it for some reason ... UNTIL yesterday. Cause you know THIS TIME i NEEDED someone like you and the wisdom and knowledge you share with us and i was ready to learn!💕 So glad i FINALLY found you! I am hoping learn A lot from you. Thank you for posting these video💫 I am forever grateful😊 . . . . . . 3rd May 2024 at 9:45 a.m. Friday

Your videos are engaging, clear and succinct. The timing is perfect! Thank you for sharing your knowledge and talents. Great role model for women of colour.

I think the phrase is “buy cheap, buy twice”. My Nan always told me this and it’s true. Take a cheap phone charger for example, it might cost you £5 but you’ll be replacing it every few months

Thanks so much for this video!! Straight away I’ve decided to push off the new car purchase haha

To your point on "not buying that car" although this is true in majority of circumstances and essentially 100% of the time if it's a new car - this is not always the case. Similarly to the example given with Rolex's, when digging a little bit deeper it depends on what type. If you do extensive market research and have patience, buying specific cars can be a lucrative business opportunity and doesn't always need to result in a liability. For most people though your advice is sound as it requires a lot of hours in research to find good opportunities. Love your videos, keep up the great work!

Spot on. I am embarresd to say how much money I've sent buying new cars and not starting investing earlier on. Keep up the good work.🌹❤👍

Hi Nischa, I'm new to your channel and I love how comprehensive and concise your videos are! I noticed you have an accounting degree and was wondering if you can make a video explaining how you made a move to investment banking. Lots of love ❤

Yes! “Buy it nice, or buy it twice” if it’s something worth buying, spend a little more buying the higher quality and keep for years.

Love your content and how relatable - but aspirational - your goals are. Keep up the excellent work!

Great content. I recommend an iron-clad prenup before marriage, since you're well on your way to financial independence. Divorce is the worst financial decision anyone can ever make.

you should show some financial spreadsheet so viewer can understand finance and budgeting more better.

You are being far too hard on yourself. Very few people - I am certain it's less than 1% - know how to invest at 19. You can be happy how well you've progressed since then. And the early couple of years won't matter in the long run.

Good advice. I guess it’s all relative re investing: you are lucky that you started investing at 24. I started last year when I was 54! You still have decades ahead of you for the compound interest to really kick in.

The saying "buy once, cry once" is another way of saying, "penny wise, pound foolish" - and I agree!!

Finding your channel is serendipity for me! Best gift for the upcoming year ✨️ 🙌 keep posting and inspiring ✨️

The buy once, cry once is something I only learned recently. I had been a very frugal much of my life and yet all the things i paid that premium for has all been worth it

my favourite channel for financial advice, thanks nischa keep up the work

We bought a Speed Queen washing machine which was $400+ over the price of regular washing machines. We did our research and it is commercial grade and very solid. A good investment.

I think the car issue is often generalized a bit too much. Yes, a car can be a liability. But it really depends on your situation. My side hustle - if you will - is being an author. So I constantly drive to exhibitions and need a big car to transport my books. My partner's kids also live with us and we use the car to drive to our vacation destinations. So always renting a car for all of these situations would end up costing us much more in the long run. So I don't feel like "that car" is always a bad idea. It just really depends on the reasons why you're getting it. At least that's how I feel about it.

SO glad I watched this! Thanks for sharing Nischa!

Thank you Nischa, this is very good advice for young adults.. 😊

I'm starting my investigating journey at 36... I wasn't aware of positive approach to the stock market at 25 or 28....

EVERY single time the same thing "buy an asset insted of a car so you can later buy a car from the asset's returns". Who ever said that the money i was gonna use to buy that car wasn't money earned from an asset for Christ sake?? There's no money tree.... had to come from somewhere those damned money!!!

A little heads up for non-Brits. When she says "Hoover" she probably doesn't mean the brand, she probably just means vacuum cleaner. We use the word "Hoover" sort of like using the word "Google" instead of search.

It depends… if you travel for work, then absolutely, spend the money on a comfortable/reliable car. But if you can work from home or have public transportation, then a car IS an unnecessary luxury….

On point 4 about investing. I started investing during the pandemic in the stock market. It has actually cost me money. My £20k ISA is now £15k. This is through investing in tech and commodities. Companies that are supposed to be safe. Even investing now is not guaranteed to be a safe way to grow your earnings. We cannot invest in FANG or buffet type companies because the returns are so low. A lot of youtubers recommend investing as if your guaranteed positive return. I have not experienced that. What is a good investment strategy ?

Very informative and much appreciated. New sub. Side note: I could look and listen to you talk all day, you’re so easy on the eye and dropping gems 🙌🏽☺️

You seem to know a lot about money, just don't over share your tips with people who don't or won't show interest be careful that's all I am saying. Me personally I gain a lot of tops as far as knowledge is concerned and I hope I improve with your help good luck for the future and remember to be positive and sharp

Don’t buy expensive cars unless you really enjoy driving (like me). Skoda, Toyota, etc. would do for 80% of people, except for those for whom driving is more than getting from A to B.

So clear was th everything you say,also a beautiful lady saying it helps !

I saved for 12 years before I started investing. I still rather save in a regular savings account than invest in funds. I don’t think it’s easy to get used to put hard earned money at risk.

My CFO drive avg Old car, but again He is Old and have a wonderful life. Men/Ladies who judge you on the car, not worth investing in. 😄 1. Do due diligence before you invest a lot money.

For real we have the same glassware. Loved your content....and your glassware ofc ^^.

Really enjoy your videos and can relate with the way you see money and life! Would love to know your investing habits and how you go about it :)

I would like to see a video on offshore accounts for everyday people, the process and benefits please

I drive my 1998 Dodge Ram. She’s a beauty! I hope she runs for a long time. She chugs down gas but I have no payment 🤷‍♂️

Unless you know what you are doing, I'd highly recommend staying away from the watch market. It's incredibly volatile and it could make or break you. Just a thought

First off, thank you for the content!Completely off topic… you are so beautiful!

Love this video! I agree with all of what you’ve said here-excellent!! 😊

Sometimes things you think will be enjoyable turn out to be not so enjoyable and not really worth the cost or time. I prefer to consider things before jumping straight in and splashing out on what might seem to be enjoyable leisure pursuits, but might seem less so once given some consideration.

Hi Nischa, new to your channel. I must say the content in your videos is very engaging. Would you be able to make a video on starting investment at 40 or starting to plan your retirement at 40, which leaves 20 years for investment. Thanks xx

Thanks for putting links to book recommendations :)

So inspiring and informative, thank you 🙏

My problem is finding a balance, ok you dont need the most extensive car or clothing but still you need to live you dont always gonne have à chance to drive that car or those clothes.. what is your opinion on that ? Btw love your videos

All good advice.

I worry that if I constantly don’t indulge & get in the habit of investing, then when I retire I won’t know what do with all the money I have

Hi Nischa, love your videos! Wondering if you can advise. My parents in law want to give us £30K towards our mortgage debt but I don’t think that will lower our monthly payments and may only reduce our mortgage term by a few months. Should we convince them to let us invest it elsewhere?

Ah, buy once cry once. Found that one very relevant. We call it the Vimes Shoe principle from the Terry Pratchett books. £20 pair of boots might last you a month v £100 pair of boots that last 2 years... at the 2 year mark your spending that second £100 for a new pair of boots... or youe 25th pair of £20 boots... yeah... loving your videos :)

Hi Nischa, thanks for the video. I'm 24 and currently in the same position as you were at the beginning... just started looking at investing and how I can maximise my income . Is it possible to have a quick chat? Thank you

thanks alot dear for your nice advices... wish you all the best...

I was a grasshopper. I survived the winter and became an ant. That was a hard lesson to learn. Still working on it. BUT I don't regret having fun during my grasshopper years. I travelled, I partied, I had different jobs, I met so many wonderful people, had amazing experiences and I enjoyed being young. But I made debt. Life IS too short to be worried all the time. Your 20s are that time in your life. But it's good to always have some financial reserves to lean on, to be financially smart and don't go down the debt rabbit hole. It's hard to get out of there. And you don't want to be paying for that fun 10 years down the track. It takes time to recover and more time to start building wealth.

Hi Nischa, great video again! Love that they are short and to the point! Side note: I'm watching this video with headphones on and it seems there is music in the background or edited over the video? Or maybe neighbours? Not sure. However, it really distracted me. A bit like a mosquito zooming close to your ear. Maybe I can hear it more obviously because of the headphones. But I thought I would let you know! And again, thank you for all the new tips again!

Your subscriber count is skyrocketing. Well done 👍

Q: When is the best time to invest your money ? A: yesterday It's never to late ..as Robert kiyosaki says savers are loser's. Only found your channel last week and I love it , well done.

I think a lot of people are put off investing due to all the warnings that your money MIGHT go down, whereas nobody tells you that in a savings account it definitely WILL go down due to inflation.

Thanks for sharing.. keep'em coming!

Nischa I’ve watched all your videos & your very inspiring to me , I wanted to ask you something , you seem like a really logical & intelligent women who has a good amount of knowledge on finances, I want my little daughter to grow up & be like you , I’ve got her children books on investing & money I don’t want her mother (ex wife) or her future husband to take Advantage of any wealth or assets i give her , what’s the best thing to do to prepare her for this ? And if you fall in love with a man , do you think he’s capable of manipulating you for your finances ? do you have any foresight for this ? Thanks Nischa

I Nischa, I love your content. I was wondering if you could please show how do I break into Investment Banking ? I am currently doing my ACA and should qualify in a few years. Would love to hear your thoughts about this. Thank you !

Thanks for this great content.

The Federal Reserve regulates a high-risk and highly volatile asset class. I don't want to use this as an analogy, but with the shuttle missions, part of the risk/reward equation that people understand is that there might end up being a Challenger mission or two in the first hundred flights. Likewise, for a whole new class of financial assets developing at lightning speed, disaster can strike. Regulating it too early (and too strictly) could stifle its development

Here Here, right from ground roots level as a credit union advisor I have tried to tell people to invest in themselves to make more money to give them more choices and then think about investments etc

There is a difference between work to be wealthy and working to look wealthy.

Great content love your videos and im learning a lot

Do you have a video talking about book recommendations?

Thanks for your videos! Greetings from Amsterdam

A few paychecks for a car ........... over here people typically take 7 - 9 years to pay off a vehicle purchase.

Hi Mischa. First, I will like to thank for your vids. So refreshing. Secondly, I will like to know what has been the biggest challenge you had to face so far?

Really good video, great channel, I am glad that you started

Good advice lady love your clips

Always enjoy your motivation to financial freedom,👍👍👍 thanks

Hi Nischa Loved your Chanel could you also guide that spending on luxury bags is an investment or a liability? Would love if you can educate if buying luxury like Chanel etc is really worth it ?

The last point is my mindset at the moment

I really want to invest in property please teach me

I do not know if you have done a video on educating yourself or not, but if not, could you recommend books or any other ways to help? Thank you

Hi Nischa! Which online broker do you use for investing? Any recommendation for beginners?

Is anyone else watching Nischa 45% because of the insights she has to share and 55% because of how gorgeous her face is?

I made the saving mistake but overall good advice

Hello in what kind of assets you think could help a financial growth in Catalonia/ Spain? I what it would be good to invest without a big budget? thnaks love your channel. learning a lot

Nischa, thank you once again for sharing. I personally made similar mistakes buying a luxury car. Unfortunately, the car depreciated when I sold it. It was not worth buying a new car.

Hello Nisha Best information 👌 Thanks

Don’t forget all debt is bad… live like nobody else so that later you can live like no body else 😊

I seriously need education on the investment topic. Don’t want to just depend on monthly earnings,,life has become expensive

Thanks for the last one

Good video, Nischa and also congrats on the rapid growth of your channel. Best wishes, Mike.