7 Things You Should NEVER Skimp On

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Күн бұрын

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In this video, I share 7 things you should never skimp out on
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TIMESTAMPS:
00:00 Accelerating knowledge
01:28 Milestone memories
03:02 The golden triangle of health
03:51 Tools with diminishing returns
05:04 Safety and security
06:13 Hiring professionals
07:10 Retirement savings
🧡DISCLAIMERS & DISCLOSURES
This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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Пікірлер: 299

@nischa 17 күн бұрын

Watch my FREE Masterclass 'Four-Step Routine to Financial Freedom' nischa.me/wealthmasterclass

@YourOwnSelf 21 күн бұрын

1. Accelerating knowledge (invest time, effort and money) 2. Milestone memories 3. Golden triangle of health (sleep, nutrition and movement) 4. Tools that have a diminishing return 5. Safety & security (e.g. insurance) 6. Hiring professionals 7. Retirement savings

@Shadowselfreal 15 күн бұрын

Cool user name

@rosaliereyes7352 15 күн бұрын

We didn’t have a wedding because, aside from being introverts, preps also cost a lot of time and energy - a lot of effort for just one day of your life. So instead, we took multiple vacations and made multiple lasting memories. And we still had a lot left to pay for the downpayment of a house.

@barmy_irooni 8 күн бұрын

That’s great

@joannereynolds69 26 күн бұрын

Never skip the opportunity to spend quality time with your children - they grow up so fast and before you know it they are ready to fly the nest 😊

@voodoo1988 26 күн бұрын

This

@pawpawmark1872 25 күн бұрын

Very true

@jollyjames30 25 күн бұрын

What's the point of having kids if they're just gonna fly away and forget you?

@EjayT06 25 күн бұрын

@@jollyjames30?? They’re saying ready to move out and live adult lives. That doesn’t mean forgetting you.

@robienillosistoso628 25 күн бұрын

True 💯

@teevans8370 14 күн бұрын

Agree. In terms of physical items I would add shoes and mattress - always worth paying for better quality.

@laurabellereads 23 күн бұрын

I don’t skimp out on a good pair of shoes that I’ll wear everyday or hiking boots! I bought a $150 pair of sneakers 3 months ago that I wear all day everyday. I wear them for work because I have a very active job where I need to jump, run, climb etc and I wear them for my gym classes in the evenings. Owned them for 3 months and barely any wear and tear yet. The $10 shoes I used to buy would only last me a month! The new ones also support my feet so much better than cheap ones. The hiking boots I have, I bought them 4 years ago for $200 and they’ve saved me from sprained/twisted ankles so many times. Good shoes I reckon is a good investment for your health and well-being.

@danielsowa8209 26 күн бұрын

We love glamorizing effortless success, but success is never effortless. This shit is inspiring!!!

@marketacomorkova9944 24 күн бұрын

genious sentence!

@chetanlexus1077 6 күн бұрын

Your shit words are also inspiring. 😅

@wm3687 24 күн бұрын

Birth control.....do NOT skimp on birth control.

@LaitoChen 4 күн бұрын

LMAO 😂😂

@DeepakRavindranTheTechno 25 күн бұрын

I always celebrate my birthdays in a big way. It doesn't mean I splurge money on useless things, I do adventurous stuff to remember the day more. My birthday was a few weeks ago and I went for shark diving; the previous year, I did the Sydney Harbour bridge climbing. These memories will stay with me for life!

@Davecouchsigns 11 күн бұрын

*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*

@CarmenStafford3 11 күн бұрын

Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?

@Davecouchsigns 11 күн бұрын

Mrs Tracy cool services was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Tracy.

@Davecouchsigns 11 күн бұрын

Tracy cool services is known for her impressive career. She has served as the CEO of Berkshire Hathaway-owned Pampered Chef and has been recognimd as one of Warren Buffett's protégés

@geoffreywolcott 11 күн бұрын

I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super,

@Davecouchsigns 11 күн бұрын

Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary...

@adityapratama1891 25 күн бұрын

find balance between investing and enjoying life. you never know when will your last day.

@LearnGermanwithMarzipanfrau 21 күн бұрын

Yes, that's true.

@dboynette 16 күн бұрын

Agree. Time is the most valuable commodity. The journey to achievements creates the memories and self esteem. Get the balance right and money will follow.

@user-hw9go9nu5s 2 күн бұрын

As an ICU nurse seeing unexpected deaths of seemingly "healthy" and average people, this is so true. Find the sweet spot. Don't focus entirely on saving for the future!

@korgond 26 күн бұрын

You’re creating so much value. I’m happy that i’ve discovered your channel.

@neiljennings8822 25 күн бұрын

I 100% agree with your 7 Nischa - thank you. I would like to add an 8th, more important than all of your 7 added together. Personal friendships, be it your partner, family and friends. One biggest regret of end of life people is letting old friendships evaporate over time. Life is just miserable spent alone. This is a real life investment. Keep the vids coming

@robienillosistoso628 25 күн бұрын

Agree - keep great relationships until our hair is gray ❤

@vijayshah4880 25 күн бұрын

As usual, precise & to the point

@steveblog1 26 күн бұрын

Other things I have learned not to skimp on: Toilet paper Coffee Any brown sauce other than HP Cheap trainers (running shoes/sneakers, etc) Arguably not as important as Nischa's advice to be sure, but trust me 😁

@zoelee8471 25 күн бұрын

Agreed! Little things that brings you small daily doses of happiness should not be skimped on 😊

@EcomCarl 25 күн бұрын

Absolutely agree on the importance of investing in milestone memories and personal growth! Prioritizing experiences and quality relationships over material possessions truly leads to a more fulfilling life. 🌟

@nickviews 20 күн бұрын

Just wanna say I appreciate the insight as well as the wonderful graphics overlayed on top of the video to drive the points home visually. Appreciate what you do - keep it up😊

@richjs1 25 күн бұрын

A comfortable bed and a quality pair of shoes......because you're always in one or the other!

@d.s.151 24 күн бұрын

Me, hanging out barefoot at a beach; Nope.

@shto4782 23 күн бұрын

shoes are crap. Your feet need freedom

@richjs1 23 күн бұрын

@@shto4782 Grow a pair!

@lindabervoets1361 12 күн бұрын

I'm without shoes more and more... feels much healthier and freer. 😊

@lumslifestyle 20 күн бұрын

Thank you for all these reminders !! Only celebrated my birthday twice as a kid and decided to celebrate it this year. And now earring what you said about celebrating milestone makes me want to enjoy it even more 🎉

@suji2bizzy340 26 күн бұрын

1. Accelerating finances 2. Milestone memories 3.golden triangle health 4.tools diminishing returns 5.safety and security 6.hiring professionals 7.retirement savings

@DaKoolDude 25 күн бұрын

thanks - saved me8 minutes

@robienillosistoso628 25 күн бұрын

Thank you

@lilspnce49 25 күн бұрын

You guys are missing all the details though

@almaortega9261 18 күн бұрын

It's knowledge not finances on #1 😂

@mikeflair6800 18 күн бұрын

Your maturing is obvious in this video. You will continue to mature as time goes on. Some are better than others. IMO, you are a role model of a 'successful person', in many regards. You have a unique ability to motivate others. Nice to meet you!

@maxrussoDesign 24 күн бұрын

This is true value Nischa! Thank you so much for your content

@AlanHaywood 25 күн бұрын

Thank you. Nice summary of good advice. I'm glad I've subscribed.

@elaynecheu3464 25 күн бұрын

Thank you for sharing your insightful wisdom!

@user-xi3iw6om4l 25 күн бұрын

Really enjoy your videos Nischa. As a banker I understand all of this quite easily, but hearing it from someone else for some reason, just hits different. Also, your advise is sensible and reliable - very refreshing where the online world of financial advice is full of charlatans!

@Residentevilfan1989 25 күн бұрын

One of your vidoes really really helped me. I am so glad I found you. I found you by accident, but I am forever grateful and forever changed by it.

@hansanaik3835 25 күн бұрын

Belated Happy Birthday! Totally agree with everything you have said in today's video except may be milestone memories. I prefer to keep that small. I usually gain knowledge when I join classes. I can never buy a book and read it on my own as I lose the motivation to read after the first couple of days. Using a real estate agent when buying or selling property, using an accountant when taxes get complicated, gym membership, living somewhat close to work (paying high rent, high property price) so that commuting to work is not stressful, buying high quality items for everyday use such as clothes, shoes, furniture and appliances are some of the things that I have done. The only regret that I have is not saving for retirement seriously in my 20s and 30s.

@Eteraz 18 күн бұрын

Loved this episode. I learn so much from your videos

@AbdulRahmanNoor 9 күн бұрын

I don't know how this ended up in my recommended list but you ABSOLUTELY NAILED THIS. I've come to learn the hard way about most of these I wish I had known earlier. But I'm also happy because better late than never. And thanks for an insightful video!

@ricomajestic 26 күн бұрын

Good advice, Nischa!

@user-sb7ng8zo2t 26 күн бұрын

I am so happy that I subscribed to your Chanel. You teach so much more than I thought I knew about finances and investment planning.

@Clauds71 23 күн бұрын

Thanks Nischa 🧡

@jacobfraser415 20 күн бұрын

Happy belated Birthday! And thanks for sharing your knowledge with the community, its been helpful!

@xxmahir3000xx 21 күн бұрын

Underrated youtuber. Thank you Nischa

@godwinyoh3700 17 күн бұрын

Absolute gem. 100% agree

@salman501 22 күн бұрын

Good stuff Nischa, good reminders

@nicolasara08 13 күн бұрын

Okay i love you! Thanks for all these videos!!! 🙏🙌

@sharon-bp9pk 26 күн бұрын

Another thing you should never skimp on: priceless financial advice from Nischa! Thanks for all the effort you put into your videos 😊

@YogeshkashyapYogesh-fi4fo 26 күн бұрын

Revux's team is top-notch. Expecting big developments soon!

@moitse_ 25 күн бұрын

I'd love to be so well-articulate as you are🥹❤ I love your videos so much! Really informative!🥺

@oogaboogas001 25 күн бұрын

i thought the lighting was extra nice this video!

@ofivecento 21 күн бұрын

I don't scrimp on hotels when traveling. I used to be a Motel 6 kinda guy, but that extra 40-50 dollars makes up for it with the quality of sleep you are able to get

@markanderson980 26 күн бұрын

Excellent advice!

@NOLMTS777 26 күн бұрын

I love your videos! they provide so much value to people like me. thanks for sharing your wisdom love from india!

@shuycg 24 күн бұрын

Lasting memories also means going on vacations. It can be a meaningful weekend, long weekends that allow extra travelling time.. Even the occasional short workday that leaves room for an exceptional work-week activity.

@akshathhebbar6195 20 күн бұрын

Hi Nicha, how do you have these insights so early? Is it from books you read or coaching? If books, what are your recommendations?

@dealman3312 15 күн бұрын

6:00 a raid 1 mirrored NAS for your important data. If one drive fails, no problem, swap in a new drive, the array rebuilds itself, no data loss. So many people go through life with a single hard drive point of failure and suffer the consequences when it fails

@kapoyong 17 күн бұрын

Drop your skincare routine please!

@JuliaIsabel_Alonzo 25 күн бұрын

I absolutely love the advice! When it comes to your health, sleep is so important but how should mums of small babies do it??!! It would be amazing if you could dedicate a video to the health (including financial health) of mothers because it becomes difficult when you are taking care of a baby but at the same time want to reach your financial goals.

@Lelolai 22 күн бұрын

Intellect and beauty. I am in love🥰

@NituVerma-cw3yz 26 күн бұрын

Revux's roadmap looks promising. Exciting times ahead!

@chrisburton339 26 күн бұрын

Bot.

@hites461 26 күн бұрын

Been tracking Revux's development. Impressed with the progress!

@aniopara 26 күн бұрын

Great video. Learning so much from you. Thank you for sharing.

@Sayonlaskar4545 26 күн бұрын

Revux's low presale price is a steal. Time to load up!

@dionisiarastapiano 26 күн бұрын

Nischa love your contents!! please do make a saving tips video for students❤

@keshab2k 26 күн бұрын

Happy belated birthday!!! And a belated happy new year 😉

@ROSADIANA-DSB 26 күн бұрын

Another great video❤

@nirvanpandagre5706 22 күн бұрын

Most underrated creator ❤ dropping truth bombs back to back......

@anshulg14 22 күн бұрын

Loved your videos, watched most of them. Good stuff !!! I've been in finance myself for 10 yrs and then business and in IT for last 10 years. So feel like there is lot of stuff to put out, so want to start on the journey like yours. Finding it hard to get much views, so wondering if you will have a course as to how you got your success in this niche, or we can collaborate on content, I can produce lot of it from my experience that will be useful. Thanks

@Carla369 23 күн бұрын

Thanks for mentioning the Spanish,,,proud of speaking it by nature :D

@luckymeat3050 25 күн бұрын

Real-brand Cornflakes and Weetabix. So much regret trying the cheaper brands... I need a hug.

@Abdul_Rahman86 25 күн бұрын

Personal experience here. If there is a good quality certificate that will help you progress!!! Definitely go for it!!! Pay for it

@AliAsghar-om3pv 25 күн бұрын

Hi Nischa, love your content, I was wondering what dermatologist you know of that is trusted in London. Would be grateful for your help. Thank you :)

@superdrew907 23 күн бұрын

I thought about this exact topic for quite awhile . . this is the 1st video Ive seen covering it, decided that my #1 don't skimp on was ..Tattoo's . . .never get a free tattoo kids. .Funny I don't have any tats but somehow that still made my #1.

@chung319 25 күн бұрын

Would the chops be cooked in like 15mins ? I don't have a oven grill but a gas stand up cooker with a grill would that work?

@bradleymaravalli2851 12 күн бұрын

Curious to hear what your new setup is regarding microphone and camera.

@Mackcolak-xf5bk 25 күн бұрын

Here are the key takeaways from the video "7 Things You Should NEVER Skimp On": 1. Accelerating knowledge - Invest in gaining knowledge and skills, whether through books, apps, classes or tutors. Paying for expertise can accelerate your growth. 2. Milestone memories - Spend money to celebrate and create lasting memories for major milestones like birthdays, weddings, graduations. These memories are invaluable. 3. Health trifecta - Don't skimp on sleep, nutrition and movement/exercise as they vastly improve all areas of life. 4. Upgrade tools - As you grow, invest in better tools to support your progress when basic tools are no longer sufficient. 5. Safety and security - Pay for insurance, safekeeping of valuables etc. The peace of mind is priceless. 6. Hire professionals - Hire experts in fields like law, taxes, training as their knowledge saves time and money long-term. 7. Retirement savings - Start investing for retirement early to leverage compound growth over time. Pay yourself first. The overarching message is to thoughtfully invest in personal growth, health, asset protection and compounding for the future - as the long-term benefits far outweigh any short-term savings.

@lydiahoey1591 22 күн бұрын

Absolutely agree with investing in health - diet, sleep and movement. Considering we spend almost a third of our lives in bed, we seem to neglect looking after our sleep. After a lot of consideration, me and my partner bought a new expensive and super quality mattress and it has changed our lives. Waking up feeling refreshed and ready to start the day makes a world of difference in physical and mental health and productivity - a well worth investment!

@Reem-vj2hi 25 күн бұрын

I love your channel, it is so informative and helpful. Is there a UK equivalent of your channel?

@ItsGrantM 21 күн бұрын

This is the UK equivalent😂

@reenujose4937 21 күн бұрын

😂😂

@robwaz1547 26 күн бұрын

Just enjoy every day, for tomorrow is not a guarantee , for sure plan for the future but don’t ever forget to take time an look around at the moment you are going through now. Happy belated birthday 💐🍾 till next time

@ld5714 25 күн бұрын

Good morning Nischa and a belated Happy Birthday. I wish for you continued success and enjoyment for you in this next trip around the sun. This discussion was spot on! Great discussion and sharing of your experiences, thank you. Keep up the great content and have an excellent week. Larry, Central Valley, Ca USA

@akshaymore1991 2 күн бұрын

actually its just revelation of time running out and then u suddenly see: u will die in next few years, and want to live peacefully without any burden/ that moment, and the next all changes and modifications u do. is u CHANGED/UPGRADED FOREVER

@djtaylormade1195 23 күн бұрын

Belated happy birthday. Thanks for your valuable advice and wisdom as always 🙂

@markprothero2666 11 күн бұрын

“A wedding is like an IPO”. That made me laugh so hard. What came to my mind when you said that, was me selling shares of my potential wife / sharing her, with all my closest friends and family. But I get your point. My mind just did a brain fart that’s all.

@naendo7855 25 күн бұрын

Nisha please make a video about what to do once you reach £100k. I love your channel and your advices

@kentkjrgaardjensen4304 4 күн бұрын

How you discribe a wedding is more how you want it to be, but not really how it it. In reality probably not everyone you care about are able to attend and of the many people who do attend you don't have time to really talk to everyone at one evening unless you want a very stressful day.

@melatn 23 күн бұрын

As you used to work in investment banking, please talk about how best to deal with the restrictions on which brokers can be used for personal investments. I'm trying to find a solution and have so far managed to keep my investments but it's been a real headache and I'm not seeing anyone talk about this issue in the personal finance space on KZfaq. Thank you

@HarryMendowza 23 күн бұрын

I love this 🫶🏻🫶🏻 thank you!

@yolow8126 22 күн бұрын

How to we gain these much knowledge about financial and were is that one roadmap that shows it all

@MrHayolas 25 күн бұрын

Thank you Nisha for your videos, I really listen to everyone of them and enjoy them because they are genuine and real life principles. Very easy to understand and addresses different topics that are very important. Love it

@MoorishBrooklyn 25 күн бұрын

Great lessons.

@patmanrick 24 күн бұрын

Usually agree with almost everything you say, but I disagree on the safety and security one. I don't think it's about just thinking how you would feel of the worst we're to happen (because if you follow that logic to the conclusion you would just spend like crazy on all kinds of insurance type products), it's about weighing the cost, probability and how you feel. Unless you are likely to have an emotional reaction to something then if you can comfortably afford to do so, generally it's best to self insure. Why let the insurer capture that margin?

@cian3853 23 күн бұрын

Thanks Nischa!

@michalbalog-rb4dk 23 күн бұрын

I agree, once I've decided to change everything I've taken a big risk and every single day from that day I keep learning new skills that it gets to the point where you realise its not about the money anymore its the feeling and the person I become everything else falls into its place, thanks for your videos they're great!

@rfrancoi 26 күн бұрын

Makes perfect sense. Thank you.

@TheTruthKiwi Күн бұрын

Didn't even know that wedding insurance was a thing. 😂

@Mr-S.C. 2 күн бұрын

Shoes, skincare, quality clothes, special occasions(i.e Birthday), holidays, a good camera + lens (you'll see the difference), brokers & stock market analysts (no cowboys), pension providers, your children's education, bed and mattress, car tyres (no second hand jobs).

@qillqiggins294 23 күн бұрын

When it comes to a wedding just rent a field or venue and have a party ,don't mention its for a wedding and celebrate and just go to a registery etc... so much cheaper

@dougieladd 22 күн бұрын

An idea for another video Nischa - How to invest in retirement... if you are older, missed the boat...etc... :)

@StepchyldeThaPhoenix 20 күн бұрын

Love you, Nischa. Thank you!!! 🫶🏾🫶🏾🫶🏾🫶🏾

@richardbedford169 25 күн бұрын

Hi Nischa, Get video, who did you call for tax information as I'm based in London too.. Thanks

@pamelafrancis8131 25 күн бұрын

Excellent suggestions - especially safety & security. Don't forget travel insurance no matter what your age. My friend in her mid 20s is now out of almost $5,000 as she booked a European cruise and land holiday with a friend whom she fell out with 2 weeks before departure and had to cancel and got nothing back.

@danielsaddyful 21 күн бұрын

Should have went solo

@Deepaklistens 21 күн бұрын

I disagree. I personally prefer to have a bare minimum of insurances (only the mandatory ones such as Healthcare in the Netherlands). In the long run, you will save more money if you have to reimburse once every while than having a recurring payment that you won’t use. Besides, most insurances come with so many if and buts in the contract.

@natalias50 20 күн бұрын

Having insurance won’t always guarantee that you will get the money back. In the contracts there is much small print stating circumstances that disqualify your claim that it’s sometimes better to lose the money than pay a lamp sum every month and lose both.

@KoshyJesusLovesYou 22 күн бұрын

Hi Nicha, I am so excited to see your inspiring videos. The video will be different to can you change this black top?

@DrBilly90210 23 күн бұрын

Red Adair puts out oil well fires for a living and has some great quotes regarding the topic of this video: "If you think hiring professionals is expensive, try hiring an amateur." "You can have it fast, you can have it good, you can have it cheap. Pick any two."

@janeprincy3121 15 күн бұрын

just what i wanted

@fahadbhutta3164 21 күн бұрын

- Accelerating Knowledge - Milestone memories - The Golden Triangle of Health - Tools with Diminishing returns - Safety and Security - Hiring Professionals - Retirement Savings

@samsandhu7198 22 күн бұрын

@nischa - Were you in Antalya a few weeks ago? I think I may have seen you walk by with your friends and nearly slipped but you kept it together haha. It was near Hadrian's gate. I was going to ask if it was you infact, but felt it could go completely wrong haha!

@user-sk2lo8oz2d 26 күн бұрын

Just increased my holdings in Revux. Feeling confident about this one!