7 Money Tips I Wish I Knew In My 20s

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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!

[@patrick7228]

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

[@jackiemadegwa5906]

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

[@BaptistaMartins1985]

Yeap...i would love it too

[@stinkinlincoln926]

Get rid of em 😅😅😂😂

[@hannahlevi6476]

@@BaptistaMartins1985Same here!

[@aqm8470]

Check Dave Ramsey out for that. Very easy to understand steps

[@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 😊

[@BW-hl1xy]

Hi Nischa. I've binge-watched all of your KZbin 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! ;)

[@cameronhughes9707]

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.

[@2_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.

[@rupalrathore1531]

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:)

[@Momofcute2]

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.

[@alicebenard5713]

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!!

[@yahayaoyinkansola8258]

This was a really helpful video, thank you Nischa

[@SaintOrCinema]

Very powerful. Thank you

[@irisdanagher]

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

[@nischa]

:))

[@Daniel44x]

​@@nischawhat do you mean by young adults. ? What ages

[@OC_Lofton]

​@@Daniel44x0:13 - 0:15

[@thorisotlake]

@@Daniel44x 20s 30s

[@benmathew8773]

Thank you Nischa this was helpful and eye opening .

[@robwaz1547]

JUST WONDERFUL 🎯 Nischa

[@andrewwinoto2421]

My fav finance channel right now

[@marcodong3749]

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

[@PropertyReview]

Great videos as always ❤❤❤

[@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!

[@NikitaJethani]

I have been binge watching her videos and taking notes too, she is amazing 😍

[@coldwarvlogs868]

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

[@serahdonald]

Love your content

[@tsehoiching770]

thanks! reinvesting money back to self-development

[@ronnysvelazquez9848]

Excellent advice. Excellent voice control a pleasure to listen too.

[@umaeratifkhan269]

Thank you Nischa

[@kisakawamoto7311]

You are such an inspiration.I like your English and practical advice

[@kizzyshealingpraktijk]

Dearest Nischa, thank you so much. This video really helped me 🙂

[@curtisporter5239]

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.

[@cam-mulvey]

Awesome video! Sending it to my sisters who are 20. I wish I knew this stuff too!

[@ornellachloe]

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

[@NavjotSingh-pb8bn]

Thanks Nischa for being transparent❤

[@macguyo]

Really good insightful video

[@abi-ci8lh]

love your videos! Keep them coming 😊

[@FutureInvestmentsBullion]

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

[@real.powerful.motivation.]

You're changing lives with your content. 🔥

[@andresalmonte4772]

Love it!

[@brucecampbell7347]

Very good video and tips for everyone.

[@followingthebabysteps4545]

In Nischa we trust 🙏🏾 great video!

[@RyanContreras72]

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.

[@DivineGloryTv]

Thank you so much

[@danielmwangi1074]

Learning alot from this channel

[@JA-jo7bl]

i second that. may God bless Nischa, she's doing good work

[@nilshah6521]

Hello Nischa Best video for day to day life Thanks a million God bless you 🙌

[@alphagassama7946]

amazing video

[@regtalkswealth]

A lot of great advice on this video 👏

[@robertmarshall5982]

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

[@willmallory9085]

Thank you

[@TomsPersonalFinance]

Great video, Nischa. Wish i knew about ISAs when i turned 18. I found about them when i was 22, so it could have been a lot worse! But everyone who invests will say they wish they started sooner...

[@BenjaminTJames]

Thanks for another great video, Nischa! It's really impressive how much information you manage to compress into such concise points. I can't tell you enough how much your videos have helped me get a grip on my financial situation. Thanks always for sharing your knowledge!

[@thiscorner102]

Same!

[@DavidAspden]

I really admire the production value you have. Is it hard to do the alpha for the title behind you effect?

[@venroymontaque3047]

I would love for you to do a video on insurance as an investment such universal coverage policy etc

[@sandraclarke6528]

Good reading for me😮

[@lagomholly]

I am so grateful to be alive at a time where such valuable information like this is accessible and available to all! Appreciate your advice! Great video😊

[@rodneyyurkiw3743]

Thank you for your tips and I am on this path myself and a accounting student at 52!

[@giftedapparels]

Thank you for sharing dear ❤

[@ericbauwens1642]

Very wise advice! Great information.

[@ManojAgadi]

Good Information Nischa.

[@user-zd2ex2sy5k]

Hello, I find your videos really inspiring. With my husband we are expecting a baby and I was wondering if you would consider making a video on the best ways to secure a financial comfort for the next generation. What are the best ways to save money for a child? In our country (Slovakia) trust funds are not legally defined and therefore unable to set up in our banks, so I am not really even familiar with how exactly they work. What are other best options?

[@Teemoo.]

Nischa is building me am nolonger where I was back am building myself in my sweet 20's thanks

[@beelu8295]

thank you so much NIscha for all your hard work ♥ I'm currently in Italy and would like to learn what my choices are; any tips on where I can look up for information online? thanks again!

[@zafer150211]

Hood to listen to you

[@NikitaJethani]

Hello! @Nischa, I have recently discovered your channel, and I have to say I love your content! I am 31 now and I do not consider I have been great at managing my finances up until now. With your content I feel motivated to do so, so thank you! 😊❤️ Also, I can deffo see the “no bs approach” and “transparency” in your videos😊😊. Keep it up 🥰👏

[@cmaris]

Which book did Steve publish? Can't find it anywhere

[@ChemNerd23]

Hi Nischa, I just subscribed and really enjoy your content. Could you do a quick bit on this topic but for international UK residents? I am from the USA and finding it very difficult to learn what I can and cannot do in the UK. Cheers, Anthony

[@ediolagjikdhima7571]

Can you expand on how we need to invest and start with £5 etc. so we get familiar and learn please? A step by step guide based on your experience please. Thank you

[@cathihargaden1608]

How do you invest in stock market?

[@clubperez]

“Trail” and error? Did you mean trial Nischa- thanks for the video! xx

[@Sylvie38888]

Bonjour, Merci du fond du coeur pour ces partages, c'est passionnant. Je m'appuie sur les sous-titres pour suivre au maximum. Merci et belle année 2024, Sylvie

[@philipslattery6952]

Nischa where do you sit on index fund v ETF question?

[@kckuc310]

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

[@gregc7699]

Many young people can't save the cost of living, food, rent, transport ect what they got left to save with? And life's shit enough as it is never know what's round the corner so what little they do have why shouldn't they be able to spend it they worked for it?

[@kckuc310]

@@gregc7699 they can they are just spenders in my experience. They needless spend on stuff because of marketing and the need to feel they belong. Just my experience with sons and their friend and just life experience.

[@financieramente.educados]

True, I recommend The Millionaire Fastlane from MJ De Marco. It shows you that if you want to be a large consumer, previously You have to become a great producer! It changes your mind, I highly recommend!

[@93JulianaOrnellas]

Video for thirties please!

[@shemariah.4655]

Please start a podcast !! ❤

[@sunevanheerden]

Love your advise, taking it onboard on my channel! ✨ A lot of people feel behind and want to keep knowledge to themselves because they think that gives them an advantage somehow😅

[@rohinirajpoot1144]

Could you make a video for people in their forties it's always for twenties or people in their thirties

[@amina2072]

Can you do a video on the blackrock and your opinion of it? Since you’ve worked in investment banking and they’re the biggest investment management company out there 😁

[@alisinspires]

Could you please specify if you’re referring to a Lifetime ISA or a Stock and Share ISA?

[@traveldeck7308]

Can you explain how to expand someone's investment portfolio to a another country while living in another country?

[@yazmeenascreamer]

Your videos are always so informative and easy to watch and follow along! So glad I found your channel, thank you for such detailed explanations on topics that a lot of people aren't super knowledgable about, and also for how aesthetically pleasing your setup/editing is! :)

[@pinoyshortride5195]

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

[@budikusumo8444]

Hi Nishca, can you please give me a tips about "what should you do if you just got your financial literation around 40's?". Because it happened to me. Right now i'm still fixing my personal finances & i need other point of views. In the other hand, can also share tips how to manage finances for a family with kids, because there are a lot of expenses with kids (school, insurance, etc). Thank you & Best Regards from Indonesia

[@Bloody_alchemy]

What do you think about U.S equity fund Vs s&p? 500. Logic tells me US equity as it's all American market over just top 500

[@AmarJusic-xk8nz]

you are georgeous

[@tikax2085]

Great information, thank you

[@christopherobrien5547]

Could you give advice for people who have no money, come from families with no money, have low paying jobs, are on benefits?

[@EB55555]

Subscribed!!!

[@kathrinaannecoronel5359]

Thank you for this Nischa! I am, however still a bit confused in starting my index fund (FTSE) as I am UK based, whats the best platform that you can advise or atleast a material I can dive into to learn the best platform.

[@nathanielmills4678]

Can't go wrong with Hargreaves Lansdown or Vanguard. Both have index funds with low fees. You'd be better of with the S&P 500 though if you are starting out with just one fund. And yes they can be invested in from pretty much any Stocks and Shares ISA.

[@kathrinaannecoronel5359]

@@nathanielmills4678 thanks a lot for this, I already started having a look at both and weighing my pros and cons. I am UK based, is it better to look at FTSE 100 instead of the S&P?

[@Boblol126]

I disagree with the ‘no-gatekeeping’ point in certain situations. Withholding information is a powerful tool if one finds themselves in a individualistic, competitive environment.

[@mikeylejan8849]

Competition starts at the bottom, collaboration starts at the top.

[@lordverbik1589]

Hi Naval...

[@alespogacnik]

I had to laugh when you said: "This is one I adopted quite late..." (passive income part) - as you are still so young! At what age is "early" then? :) You are truly inspiring! Thanks :)

[@pa5666]

I think it's only because these days you see 15 year olds with youtube channels lol. She is young, but imagine starting a decade earlier. That's a lot of money!

[@alespogacnik]

@@pa5666 as a 15 year old what valuable content are you able to put into your youtube channel that brings you money? Many try but only a few succeed. I think Nischa is still an exceptional case of business success at young age.

[@financieramente.educados]

Early is at born! Your parents can invest for you since born and You save 18 years of compound interest haha.

[@Alejandro-hh5ub]

Thanks for the great content Nischa! Do you have an email address where I can reach out to you? I’m considering a career change and I’d like to have your input on my situation.

[@abigailruby4976]

I'd love a simple how-to video from you on investing. How to start the process. Where to make the most out of it and more!

[@user-yy5kx9mp5o]

Are etfs a form of index funds? Some times say they are but some sites say etfs are no index funds?

[@aminf8834]

I like your videos because they help me to improve my financial life . Would you please to add subtitles in videos help me to understand better . Thanks

[@mikeylejan8849]

Also don’t forget to spend money with your wants, burn out is real, just make sure to set aside a budget.

[@dotpenji]

You've shared some invaluable money advice for young adults, Nischa! How would you recommend someone balance saving for the future while also investing in themselves and their skills in their 20s and 30s?

[@DenverOrtiz]

Worth a watch!

[@itsme_jervy1404]

On my age right now, I've learn balancing saving for the future and investing in oneself involves setting clear financial goals, budgeting wisely to allocate funds for both savings and personal development, and seeking opportunities that provide a high return on investment, such as education or skill-building, which can ultimately enhance earning potential and long-term financial stability. 💰📚🚀

[@iracaullenegatan6668]

I agree! It is crucial to invest on ourselves by acquiring new knowledge, upskilling or getting new training courses that will make a path for higher income. I hope I can watch this practical & purpose-driven content over & over again!

[@lesterczocher3576]

Investing in index funds is the best for long term retirement accounts. Unless you are a daily stock trader, individual stock purchases are short term investments according to my advisor.

[@euphonicdoll]

I'm so happy I found your videos! You have changed my view on money and I feel more optimistic about my future because of it. Thank you

[@aj5ingh]

Hi Nishca enjoy watching your videos but all the information seems too generalised. Good tips on what to do but no information on how to do it. How do I open an isa? How do I start an index fund? Can you do a video on this please?

[@orkhanhajiyev3625]

loved it. thanks for putting it here.

[@virginia6793]

Can you talk more about England's national health insurance? How's it work? How good is it? Do you pay out of pocket for anything? Are drugs advertised on TV, like in America?

[@samgriffithsmusic]

No advertisements for drugs on tv, brits tend to find it weird that Americans get told to ask their doctor for a specific drug The doctor is the expert so we trust their knowledge to give us the best drug for the illness, rather than one we’ve been advertised

[@mikeflair6800]

I do not agree with #1. The cost of college in the USA is a 50-50 proposition. You have to project your 'personal margin' 10 years out to see if you have a chance...and who can do that? Only STEM folks. I can build a case that starting at 18 at minimum wage, and avoiding that debt and invest even small amount that in a general market ETF, and your chances are better than 50-50. Time, not intelligence or ability, is a better investment metric.

[@Rebel_AF]

Is Trading212 only for British or EU citizens?