7 Money Tips I Wish I Knew In My 20s

MY FAVOURITE STUFF:

00:00 Intro
00:28 - Don't save too much
01:18 - Don't Gatekeep
02:19 - Upskill yourself
03:55 - Passive income
05:22 - Looking for rising tides
06:38 - Investment account
07:39 - Investing

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.

This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support!

[BW-hlxy]

Hi Nischa. I've binge-watched all of your YouTube videos over the last week and wanted to tell you how much this information is needed for me. With other vloggers I feel like they're shouting at me, telling me all the mistakes I've made. You're approach is so much more my style, relatable, and not condescending. I've learned so much and feel really inspired. Only issue is that I'm not 20 something but now 40 something! lol. With two young kids, a mortgage etc. I have made investments so definitely not starting from zero, but after watching these and now reading rich-dad poor-dad I realise that I completely fall into the typical middle-class mindset. Working for a salary. I have a great job - a strategic account executive - so not about to give up my day job, but I could have been so much smarter about the money I made. I am optimistic though. I never thought about passive income streams or side-hustles, so my brain is busy thinking of ideas. I'm also optimistic that I'm not too late. I could make 1.5 million by the time of 52 rather than 32! ;)

[DeclanHiggins-YoutubeChannel]

Sharing knowledge for free is fine up to a point. When others don't help and support you, its a lesson learned. You get wiser as you get older 😊

[patrick]

I struggle with sharing knowledge because when people don't share back you feel like an idiot. It's a tough balance at times.

[jackiemadegwa]

Could you give money advise to people with families. Budgeting and all that. Especially adults with children

[alicebenard]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[cameronhughes]

Hi, just wanted to say you give me so much hope and ambition for my finances! I have just graduated, trying to start a side and am so ready to get on my self-development and sensible financial practice.

[irisdanagher]

I guess you are solid proof that sharing information is key!

[Momofcute]

The second point about helping works only when everyone in the circle is willing to share and learn from each other’s mistake. People now a days are more secretive than ever.
And while I know many ppl will jump to say then one should change company but we all know we are in the verge of real friendship pandemic. It’s hard to find real people and then keep them.
Also I feel while some videos talk about sharing others talk about not telling people what you are upto until it’s done so conflicting information imo.

[rupalrathore]

Hi Nischa! Will you consider sharing how you extend your money management approach to other aspects of life? Sorting out my finances is somehow helping me smoothen out my health routine, lifestyle, relationships etc. I never realised that this could all be interrelated and I’d love to hear your perspective on this:)

[pawel_guzewicz]

Thank you very much for sharing this valuable money advice. I love how you combine your finance expertise with a discussion of human psychology and habits. You excel at clarity and brevity in your presentation while being so down-to-earth. Having just binged a dozen of your videos, I think your content is no short of brilliant: I'm taking notes for myself as I watch. I'm in awe and feel truly inspired!

[FutureInvestmentsBullion]

Video quality was very high in this one Nischa. Brilliant work!

[marcodong]

Wow Nischa, congratulations for your channel, it's exploding! I subscribed to you about a couple months ago and the quality of the content and your consistency are getting better and better

[ornellachloe]

One of my favourite channels on YouTube... coming from a finance background myself you can never learn enough

[_birds_on_a_wire]

Love your positive attitude and your abundance mindset! You have a beautiful mind Nischa! Keep up your hard work! I'm greatful that you share your abundance and I also share what I learn from you with others.

[curtisporter]

Great presentation. I suggest a segment on personal debt. You've taught people the importance of investing today, and you've talked about avoiding the fashion label spending trap in the past. However, what are the real dangers of debt, and should you invest if you have personal debt? Hope that helps.

[robertmarshall]

I would advise 20 year olds that are busy studying to save a little bit and pretend like they can’t touch it, I had the mind set of it doesn’t matter that I’m spending all my side hustle cash because once I get a job then I’ll save which I have done now but if I saved a little bit of that cash that I earned along the way I would of been further ahead now

[pinoyshortride]

I know what you did there Nischa. All these black tops, no music background, no ad. Clever woman.

[kckuc]

Save and get in the habit of doing it. Many young people do not save at all, they are consumers.

[coldwarvlogs]

I'm in the 22% of subscribers, keep up with the great content and knowledge you share!

[RyanContreras]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.