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Finance Expert: The Truth About Buying a House and How Her 652510 Rule Built $200K in Passive Income!

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Manage episode 495586216 series 3328179
Content provided by FlightStory. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FlightStory or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Renting is smarter than buying?!

Personal Finance Expert Nischa Shah breaks down the 65-20-15 hack to making money, why saving for a house might RUIN your path to financial freedom, and how to build REAL wealth through passive income, smart money habits, and beginner-friendly investing strategies.

Nischa Shah is a qualified accountant and ex-investment banker who walked away from a 6-figure career to teach millions how to take control of their money. She’s the creator of the fast-growing YouTube channel ‘Nischa’ with over 1 million subscribers, where she breaks down debt, saving, and investing.

She explains:

◻️The 65-20-15 money framework that generates passive income without a job.

◻️How to invest in index funds and retire early with compound interest.

◻️Why your job might be making you poorer every day.

◻️The dangerous lie about “saving = security” and what to do instead.

◻️Why the credit card trap is costing you thousands without you realising.

00:00 Intro

02:28 My Mission to Spread Actionable Money Tips

04:28 Trauma and the Link to Money Attachment Styles

08:34 The 4 Steps to Take Control of Your Finances

11:58 Paying Your Debts

13:55 The Emergency Financial Buffer We All Need

15:07 What to Do With Saved Money

17:09 Do These 3 Things Before Investing

20:00 Why You Should Save for Retirement

22:56 Spending Money for External Validation

27:36 What to Invest In

31:09 How to Get a Salary Raise

37:07 Is Buying a House a Good Investment?

44:44 What Is Opportunity Cost?

48:54 Should You Split Your Investments?

53:42 What Does Nisha's Portfolio Look Like?

56:40 Ads

57:31 The Best Book to Learn About Finance

01:01:15 Should I Buy or Lease a Car?

01:04:35 Should We Sacrifice Some of Our Enjoyments?

01:07:30 What's the Best Way to Track Your Numbers?

01:11:12 The Role of Money in Relationships

01:16:18 What Is Passive Income and How to Get It

01:21:59 Ads

01:23:48 Making Millions With YouTube

01:29:41 Doing Your Finances With AI

01:36:28 The Importance of Your Credit Score

01:45:20 What Would You Not Spend Money On?

01:48:52 My Dad's Words Changed Me

01:57:57 I Felt So Much Pain During My Career

02:01:21 Your Hardest Day

Follow Nischa:

YouTube - https://bit.ly/4kHiVMl

Instagram - https://bit.ly/3Ui6eNd

💡You can find out more about Nischa’s ‘Intentional Spending Tracker’, here: https://bit.ly/3GR5gEC

The Diary Of A CEO:

⬜️Join DOAC circle here - https://doaccircle.com/

⬜️Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook

⬜️The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt

⬜️The Diary Of A CEO Conversation Cards (Second Edition): https://g2ul0.app.link/f31dsUttKKb

⬜️Get email updates - https://bit.ly/diary-of-a-ceo-yt

⬜️Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb

Sponsors:

Stan Store - https://stevenbartlett.stan.store/

Fiverr - https://www.fiverr.com/diary with code DIARY for 10% off your first order

Intuit - http://intuit.com/expert-careers

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

704 episodes

Artwork
iconShare
 
Manage episode 495586216 series 3328179
Content provided by FlightStory. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FlightStory or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Renting is smarter than buying?!

Personal Finance Expert Nischa Shah breaks down the 65-20-15 hack to making money, why saving for a house might RUIN your path to financial freedom, and how to build REAL wealth through passive income, smart money habits, and beginner-friendly investing strategies.

Nischa Shah is a qualified accountant and ex-investment banker who walked away from a 6-figure career to teach millions how to take control of their money. She’s the creator of the fast-growing YouTube channel ‘Nischa’ with over 1 million subscribers, where she breaks down debt, saving, and investing.

She explains:

◻️The 65-20-15 money framework that generates passive income without a job.

◻️How to invest in index funds and retire early with compound interest.

◻️Why your job might be making you poorer every day.

◻️The dangerous lie about “saving = security” and what to do instead.

◻️Why the credit card trap is costing you thousands without you realising.

00:00 Intro

02:28 My Mission to Spread Actionable Money Tips

04:28 Trauma and the Link to Money Attachment Styles

08:34 The 4 Steps to Take Control of Your Finances

11:58 Paying Your Debts

13:55 The Emergency Financial Buffer We All Need

15:07 What to Do With Saved Money

17:09 Do These 3 Things Before Investing

20:00 Why You Should Save for Retirement

22:56 Spending Money for External Validation

27:36 What to Invest In

31:09 How to Get a Salary Raise

37:07 Is Buying a House a Good Investment?

44:44 What Is Opportunity Cost?

48:54 Should You Split Your Investments?

53:42 What Does Nisha's Portfolio Look Like?

56:40 Ads

57:31 The Best Book to Learn About Finance

01:01:15 Should I Buy or Lease a Car?

01:04:35 Should We Sacrifice Some of Our Enjoyments?

01:07:30 What's the Best Way to Track Your Numbers?

01:11:12 The Role of Money in Relationships

01:16:18 What Is Passive Income and How to Get It

01:21:59 Ads

01:23:48 Making Millions With YouTube

01:29:41 Doing Your Finances With AI

01:36:28 The Importance of Your Credit Score

01:45:20 What Would You Not Spend Money On?

01:48:52 My Dad's Words Changed Me

01:57:57 I Felt So Much Pain During My Career

02:01:21 Your Hardest Day

Follow Nischa:

YouTube - https://bit.ly/4kHiVMl

Instagram - https://bit.ly/3Ui6eNd

💡You can find out more about Nischa’s ‘Intentional Spending Tracker’, here: https://bit.ly/3GR5gEC

The Diary Of A CEO:

⬜️Join DOAC circle here - https://doaccircle.com/

⬜️Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook

⬜️The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt

⬜️The Diary Of A CEO Conversation Cards (Second Edition): https://g2ul0.app.link/f31dsUttKKb

⬜️Get email updates - https://bit.ly/diary-of-a-ceo-yt

⬜️Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb

Sponsors:

Stan Store - https://stevenbartlett.stan.store/

Fiverr - https://www.fiverr.com/diary with code DIARY for 10% off your first order

Intuit - http://intuit.com/expert-careers

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

704 episodes

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