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.
also, no point inviting a sh*t load of people we barely know. Coworkers of friends, and friends of coworkers, high school friends of the wife and the devil's grandmother.
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
As someone who lost their wife to breast cancer I can say that the only thing i cherish from our wedding is our time together on that day. All the friends and family were great, but not important in “the end”. And in the end, our small wedding of 100 people could have been just us on a beach with a couple of witnesses. As Dr. Seuss said “You never know that value of a moment until it becomes a memory”. So yes, spend the money on vacations and on quality time together!!
I always remember hearing someone say don't skimp on anything that goes between you and the ground. That's shoes, your bed, a good office chair and car tyres. Seemed pretty good advice to me.
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.
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!
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
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!
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. 🌟
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
Always love your content, Nischa! Thank you for sharing your experiences so thoughtfully. Among many creators, you’re one of the few I genuinely enjoy listening to-I feel so connected to what you say. Your advice is practical, easy to understand, and keeps me engaged the whole way through. I could watch your videos non-stop!
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!
I’m so pleased you mentioned milestones, they are so important. My family all celebrate each others milestone moments, not by any means monetarily, and it is wonderful. Whether it is a birthday , promotion, birth or at last conquering your fear of taking off your bicycle stabilizers , swimming a width of the pool, GCSEs being over all of them are so important 🎉👏🏻👏🏻👏🏻🤩🥳
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.
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😊
We had a gorgeous, big wedding and I would do it again. I cherish those memories seeing my grandma dance, laugh and pray amongst all of our loved ones in one room despite battling dementia. She's no longer here with us but I have that happy memory with me for the rest of my life. This is priceless.
- Accelerating Knowledge - Milestone memories - The Golden Triangle of Health - Tools with Diminishing returns - Safety and Security - Hiring Professionals - Retirement Savings
What helped me, in terms of accelerated learning, was starting up my own business when I was in my mid 20's. I'll tell you it was extremely hard, I went broke a couple of times, at one point I almost became homless. I definitely would have done much better financially had I worked for someone else, however, what I learned was invaluable, and applying the knowledge over the years, has paid for the hardship many times over, I have no regrets at all.
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 🎉
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.
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!
It’s been almost three years since I started gaining knowledge to become an entrepreneur. Since then, I see people who aimlessly drift through life with very different eyes.
I've been foolish and this video woke me up. I've been cheap on myself, and it's affecting even my sleep. The result has been an absolute productivity killer. Time to adjust and refocus.
Never skimp on footwear. After cheaping out on a new pair of shoes for work, I learned that the dull (and sometimes sharp) discomfort in your feet by the end of the day is enough to spend more on something that will be comfortable and durable in the long run.
Items you use a lot: If you use something every day, it's worth investing in a higher-quality version that will last longer and function better. This could be your shoes, mattress, or even your work bag. example a good iron or air fryer or even good clothing
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?
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.
Thanks for your videos - I like watching them in my lunch break. I noticed something about your graph: I think you meant growth, instead of growth rate in your chart.
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!
Paying yourself first is so important. I transfer money into my higher interest accounts every Monday. The money is put aside for an emergency and some put aside to invest. 💷
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
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
Agree on all except for the wedding. You don't need to spend a ton of money to get everyone together. Overall it's a waste imo unless you're truly rich.
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.
Also another way to look at retirement savings is setting up a taxable account to hedge against job loss or soft lay offs. They happen SO often in the USA you need your fu money, your retirement accounts can double as your fu money giving you extra time to find the right job or find opportunities rather than having to get some job RIGHT NOW.
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
I purchased term life insurance, 20 years, but I do not have a family, so, many people ask me "Why did you buy it? Why do you care what happens after you die?" It's hard to explain why. I just do not want my death go to waste. My extended family would benefit. If I do not die and I live a long life, I'm the big winner!
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."
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!
“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.
Dont cheap out on things that if it does not work properly, will endager you or others. For example, i got into a Motorbike crash a few days ago, but damage to me was minimal, since i had a quality carbon fiber helmet, Bike had dual ABS that slowed me a lot more and speed of impact was low speed.
Wedding is basically spending money for others happiness. It's a huge waste of money. I would rather spend that money on a honeymoon. However, totally agree with sending money on mental and physical health and wellbeing.
In my opion its something that is under safety and security for you and your loved ones. But tires and brakes on any wheeled thing you ride or drive, buy ones as good or better than came with your vehicle. They will save you from injury, lawsuit, and expensive accidents.
Sad story about this. Had a friend's sister who was on birth control. Her mom wouldn't take her to get a prescription refill because she was hyper religious and didn't agree with it. The girl then went to an online doctor who prescribed her with cheap stuff (somehow without parental consent). She collapsed at school due a blood clot in her lungs, fell into a coma, and eventually died... almost $2 million in hospital bills later. DONT SKIMP ON BIRTH CONTROL OR DOCTOR.
@@procyon.lotor4was she a smoker? It’s not a matter of cheap birth control. Blood clots are a known side effect of artificial birth control. Risk is increased by smoking. Natural Family Planning is free and has no negative health effects.
@JewelBlueIbanez no, but she used an online doctor so that's more what I'm getting at. Don't use sketchy doctors that prescribed sketchy meds. It was one from an Instagram ad.
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 😁
I am often baffled by how unobvious these things are to other people. I live in a cottage in Scotland with a career in London -- you wouldn't know to look at me if I were rich or poor. Live like Bilbo Baggins -- richest man in town with a nice home, but understated, doesn't look flashy or unattainable. And gets in plenty of adventure in retirement,
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 UA-cam. Thank you
Watch my FREE Masterclass 'Four-Step Routine to Financial Freedom' nischa.me/wealthmasterclass
It doesn't allowed to register, make it easy to register
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.
That’s great
That is wise, and smart! 👌🏼
also, no point inviting a sh*t load of people we barely know. Coworkers of friends, and friends of coworkers, high school friends of the wife and the devil's grandmother.
I’m really scared or rather, incredibly uncomfortable outside and in weddings especially…don’t know how I’ll get married💀💀💀
exactly, a wedding isn't like a small birthday party. people I know have taken out huge loans just for the wedding. weddings are the biggest rip off
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
Cool user name
Thanks!
Agree. In terms of physical items I would add shoes and mattress - always worth paying for better quality.
I would add a good bicycle, will make you want to go out and will benefit your overall health, especially in the long run
As someone who lost their wife to breast cancer I can say that the only thing i cherish from our wedding is our time together on that day. All the friends and family were great, but not important in “the end”. And in the end, our small wedding of 100 people could have been just us on a beach with a couple of witnesses. As Dr. Seuss said “You never know that value of a moment until it becomes a memory”. So yes, spend the money on vacations and on quality time together!!
I always remember hearing someone say don't skimp on anything that goes between you and the ground. That's shoes, your bed, a good office chair and car tyres. Seemed pretty good advice to me.
Investing in quality tools and paying yourself is solid advice.
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.
I love this!
You’re creating so much value. I’m happy that i’ve discovered your channel.
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!
We love glamorizing effortless success, but success is never effortless. This shit is inspiring!!!
genious sentence!
Your shit words are also inspiring. 😅
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 😊
This
Very true
What's the point of having kids if they're just gonna fly away and forget you?
@@jollyjames30?? They’re saying ready to move out and live adult lives. That doesn’t mean forgetting you.
True 💯
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
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!
As usual, precise & to the point
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. 🌟
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
Agree - keep great relationships until our hair is gray ❤
Thanks for sharing your knowledge on a variety of issues. It is appreciated
Always love your content, Nischa! Thank you for sharing your experiences so thoughtfully. Among many creators, you’re one of the few I genuinely enjoy listening to-I feel so connected to what you say. Your advice is practical, easy to understand, and keeps me engaged the whole way through. I could watch your videos non-stop!
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!
In general, if you can't afford to buy what you want, buy less, but buy quality. This can be applied to preferred areas.
I’m so pleased you mentioned milestones, they are so important. My family all celebrate each others milestone moments, not by any means monetarily, and it is wonderful. Whether it is a birthday , promotion, birth or at last conquering your fear of taking off your bicycle stabilizers , swimming a width of the pool, GCSEs being over all of them are so important 🎉👏🏻👏🏻👏🏻🤩🥳
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.
Yes, I bought blundstones and they have been wonderful
wait for stuff like that to go on sale.
then buy.
@@agfagaevart the sneakers and boots were on sale when I bought them
A good pair of shoes will also save your knees and hips.
Happy belated birthday Nischa!
Nischa, I admire your dedication, brilliant !!!
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😊
The way you used wedding as an example at " Milestone Memories" , made me rethink about how i looked at it before. Thanks
We had a gorgeous, big wedding and I would do it again. I cherish those memories seeing my grandma dance, laugh and pray amongst all of our loved ones in one room despite battling dementia. She's no longer here with us but I have that happy memory with me for the rest of my life. This is priceless.
Guilty pleasures < 3 Making memories is everything
- Accelerating Knowledge
- Milestone memories
- The Golden Triangle of Health
- Tools with Diminishing returns
- Safety and Security
- Hiring Professionals
- Retirement Savings
Excellent sharing - thanks
You are very beautiful creation of this universe !
Excellent advice, I follow similar principles which are priceless.
What helped me, in terms of accelerated learning, was starting up my own business when I was in my mid 20's. I'll tell you it was extremely hard, I went broke a couple of times, at one point I almost became homless. I definitely would have done much better financially had I worked for someone else, however, what I learned was invaluable, and applying the knowledge over the years, has paid for the hardship many times over, I have no regrets at all.
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.
👏👏👏👏👏💯
Thank you Nischa for these great tips😊
Loved this episode. I learn so much from your videos
All valuable advice Nischa ! especially hiring professionals................
Absolute gem. 100% agree
When intelligence, wisdom ... and beauty come together, it produces a remarkable result. Thank you for this presentation.
Drop your skincare routine please!
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 🎉
find balance between investing and enjoying life. you never know when will your last day.
Yes, that's true.
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.
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!
Time wealthy is better than finaxlially wealthy
Far to many very wealthy people spend far to much of their life “ working “
Okay i love you! Thanks for all these videos!!! 🙏🙌
Revux's team is top-notch. Expecting big developments soon!
It’s been almost three years since I started gaining knowledge to become an entrepreneur. Since then, I see people who aimlessly drift through life with very different eyes.
Excellent video, wisdom and advice, thank you.
Underrated youtuber. Thank you Nischa
This is great! Thx 🙏
I've been foolish and this video woke me up. I've been cheap on myself, and it's affecting even my sleep. The result has been an absolute productivity killer. Time to adjust and refocus.
Never skimp on footwear. After cheaping out on a new pair of shoes for work, I learned that the dull (and sometimes sharp) discomfort in your feet by the end of the day is enough to spend more on something that will be comfortable and durable in the long run.
Items you use a lot: If you use something every day, it's worth investing in a higher-quality version that will last longer and function better. This could be your shoes, mattress, or even your work bag. example a good iron or air fryer or even good clothing
i thought the lighting was extra nice this video!
Thanks Nischa 🧡
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?
This is true value Nischa! Thank you so much for your content
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.
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.
Thanks for mentioning the Spanish,,,proud of speaking it by nature :D
Most underrated creator ❤ dropping truth bombs back to back......
A comfortable bed and a quality pair of shoes......because you're always in one or the other!
Me, hanging out barefoot at a beach;
Nope.
shoes are crap. Your feet need freedom
@@shto4782 Grow a pair!
I'm without shoes more and more... feels much healthier and freer. 😊
Ah yes, knowledge that is from the far distant past, before sofas evolved
Thank you for sharing your insightful wisdom!
Thanks for your videos - I like watching them in my lunch break. I noticed something about your graph: I think you meant growth, instead of growth rate in your chart.
Good stuff Nischa, good reminders
Happy belated Birthday! And thanks for sharing your knowledge with the community, its been helpful!
Thank you. Nice summary of good advice. I'm glad I've subscribed.
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!
Paying yourself first is so important. I transfer money into my higher interest accounts every Monday. The money is put aside for an emergency and some put aside to invest. 💷
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
Another thing you should never skimp on: priceless financial advice from Nischa! Thanks for all the effort you put into your videos 😊
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
thank you for a great video
Agree on all except for the wedding. You don't need to spend a ton of money to get everyone together. Overall it's a waste imo unless you're truly rich.
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.
Also another way to look at retirement savings is setting up a taxable account to hedge against job loss or soft lay offs. They happen SO often in the USA you need your fu money, your retirement accounts can double as your fu money giving you extra time to find the right job or find opportunities rather than having to get some job RIGHT NOW.
needless to say (given your 1m subscribers) but excellent delivery skills! well done. curious who was/is your role model
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
Curious to hear what your new setup is regarding microphone and camera.
Real-brand Cornflakes and Weetabix. So much regret trying the cheaper brands... I need a hug.
I'd love to be so well-articulate as you are🥹❤ I love your videos so much! Really informative!🥺
I love your videos!
they provide so much value to people like me.
thanks for sharing your wisdom
love from india!
I purchased term life insurance, 20 years, but I do not have a family, so, many people ask me "Why did you buy it? Why do you care what happens after you die?"
It's hard to explain why. I just do not want my death go to waste. My extended family would benefit.
If I do not die and I live a long life, I'm the big winner!
💯 - also, shoes and a bed because when you’re not in one you’re in the other.
Happy belated birthday!!!
And a belated happy new year 😉
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."
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!
“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.
3:50 Buy once, cry once.
Revux's roadmap looks promising. Exciting times ahead!
Bot.
Dont cheap out on things that if it does not work properly, will endager you or others. For example, i got into a Motorbike crash a few days ago, but damage to me was minimal, since i had a quality carbon fiber helmet, Bike had dual ABS that slowed me a lot more and speed of impact was low speed.
Wedding is basically spending money for others happiness. It's a huge waste of money. I would rather spend that money on a honeymoon. However, totally agree with sending money on mental and physical health and wellbeing.
Excellent advice!
In my opion its something that is under safety and security for you and your loved ones. But tires and brakes on any wheeled thing you ride or drive, buy ones as good or better than came with your vehicle. They will save you from injury, lawsuit, and expensive accidents.
Birth control.....do NOT skimp on birth control.
LMAO 😂😂
Sad story about this. Had a friend's sister who was on birth control. Her mom wouldn't take her to get a prescription refill because she was hyper religious and didn't agree with it. The girl then went to an online doctor who prescribed her with cheap stuff (somehow without parental consent). She collapsed at school due a blood clot in her lungs, fell into a coma, and eventually died... almost $2 million in hospital bills later. DONT SKIMP ON BIRTH CONTROL OR DOCTOR.
@@procyon.lotor4was she a smoker? It’s not a matter of cheap birth control. Blood clots are a known side effect of artificial birth control. Risk is increased by smoking. Natural Family Planning is free and has no negative health effects.
@JewelBlueIbanez no, but she used an online doctor so that's more what I'm getting at. Don't use sketchy doctors that prescribed sketchy meds. It was one from an Instagram ad.
Vote blue or republicans are going to ban birth control. 🗳️🗳️🗳️🗳️🗳️
1. Accelerating finances
2. Milestone memories
3.golden triangle health
4.tools diminishing returns
5.safety and security
6.hiring professionals
7.retirement savings
thanks - saved me8 minutes
Thank you
You guys are missing all the details though
It's knowledge not finances on #1 😂
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 😁
Agreed! Little things that brings you small daily doses of happiness should not be skimped on 😊
Good advice, Nischa!
I am often baffled by how unobvious these things are to other people.
I live in a cottage in Scotland with a career in London -- you wouldn't know to look at me if I were rich or poor.
Live like Bilbo Baggins -- richest man in town with a nice home, but understated, doesn't look flashy or unattainable. And gets in plenty of adventure in retirement,
Great video. Learning so much from you. Thank you for sharing.
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 UA-cam. Thank you