Accountant Explains: 6 Ways to Double Your Savings THIS Month

[@nischa]

👉🏽Join my free 5-day Savings Challenge: nischa.me/save

[@Sandrafernandez183]

Hi Nischa I joined the last one and it was so eye-opening. The PPU rule you mentioned on one of the days is something I wish I knew about sooner. my husband laughs at me because I'm now always using that calculator you shared. thank you so much !!!

[@ChrisBailey-j4o]

Ok I am tring to save my whole wages this year but have 16k in a invest in account not got 20 k in a isa can I change it and add to a isa in stock

[@minionofgozer7414]

Nischa and Ramit Seti are the only two finance gurus I listen to. They speak a similar language, simple and logical. It's through these two I've managed to turn my finances around and I'm almost completely debt free! Plus, I still live a "rich" life doing stuff I enjoy without being tight with money. It also allows me to treat friends and family from time to time 😎

[@ncs2000]

These two guru I like them alot

[@Huorfern]

The financial Diet is also quite good

[@potato1084]

Ramit’s personality annoys me sometimes. His book and the Netflix show is good though.

[@ErwinAnter]

My parents wont listen to me so I subscribed them to your channel now they watch you every time they log on to youtube. Thanks you have been great help for them.

[@rajupainter5804]

I’ve read a lot of books, but women’s magic truths on borlest is on another level. It doesn’t just talk about vague concepts-it reveals secret techniques that can actually help you attract almost anything you want in life. This isn’t some watered-down law of attraction; it’s the real deal. You won’t believe what you’re missing out on until you read it.

[@DonaldStokes-p]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

[@SeanTalkoff]

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@PASCALDAB]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@Tonyrobs2]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@PASCALDAB]

My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@Tonyrobs2]

Thanks, i did a quick web search and i found Sharon, i hope she responds to my mail.

[@marvinmartian7406]

How about a video on Inflation? It's not the increase in the price of goods and services, but rather the decrease in value of the Pound/Dollar etc. Explain how the printing of money by central banks increases the money supply and how it effects your savings over time.

[@andrij.demianczuk]

I think the best way it was described to me, was that inflation is the decrease in buying power. I like that way of thinking about it, as it reframes how I negotiate rates, salaries etc.

[@viktormilov_]

Spot on bro

[@marekmizerski234]

I think she’d rather play safe soft balls than spit facts

[@DeborahMicheal6k]

Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

[@JulianBenjamin3d]

The deeper your investment roots, the stronger your financial security will be in the future.

[@SebastianNoah5e]

Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.

[@SebastianNoah5e]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

[@luisfernando-mm3jt]

You seem allways so positive nice hearing you talk...Thanks

[@JoshPalmer21]

Loved this. I think cutting down on unnecessary spending is super hard though. I think so much of spending is almost unconscious now and companies make it so easy to take money from you! I tried a "no spend' challenge to see how long I could go without buying anything unnecessary. I have to say I've found it surprisingly easy and enjoyable!

[@ben10_108]

Hey Nischa, we need a video on wearing same style of cloths & how it effected your life positively. Thank you ❤

[@davidelson3585]

How to double savings? Step 1: Open savings account with £1 Step 2: Add another £1

[@bosshoggett]

For anyone who reads this comment, I automate all my bills + 10% so when i get paid the following day my phone, mortgages, power, rates, taxes, and everything else is deducted. Whats left is my free cashflow. Now im in credit for everything. I could be hospitalised for the next 3 months and still have all the bills covered. Its very relaxing knowing this.

[@stillwithyou7072]

You should rather put that 10% in an interest bearing easy access savings account. That way you earn the interest on your money and not the providers. You will still have peace of mind and a nice little pot of savings for a rainy day.

[@bosshoggett]

@@stillwithyou7072 Your absolutely right, however ill clarify. I see being in credit i see it as a non binging insurance policy. When i deem i have an ample level of security against whatever i go into my bank app and halt the payments till some time in the future to allow the credit to be consumed, then lets say 8 weeks later it automatically starts paying again. In the mean time while its not paying bills i unfreeze another which directs the same 10% into a share market investment account. for the same period. The only issue with this is previously its been running so efficiently that I forget from time to time, and the power company puts the price up for example and 1 year later i get a bill for $1000 as the credit was widdled away. Ive been doing this over 20 years now. Best thing i ever did.

[@thicanhnguyen3167]

[@thihapham9497]

Please how ?

[@thihapham9497]

Am a born Christian and sometimes I feel so down 😭 of myself because of low finance but I still believe God😞

[@thicanhnguyen3167]

It's Maria Angelina Alexander doing she's changed my life. A BROKER- like her is what you need.

[@thicanhnguyen3167]

$356K monthly is something you should feel differently about....

[@JenniferFrank-r3v]

I know that woman (Maria Angelina Alexander) If you were born and raised in new York you'd know too, she's my family's Broker for 3yrs till now and a very good one if you asked me. No doubt she is the one that helped you get where you are!!!!

[@FrederickVanderMeer]

I actually managed to double my savings in just a month once! It sounds wild, but with a few targeted moves, it’s more doable than you’d think.

[@guitarsandcheesecake1632]

I went on a cruise in October. And one evening over dinner a gang of us where talking. We soon realised that we all buy too much stuff, even though we all seemed to go on holiday regularly. Imagine how much , even better, life would be if we could avoid filling our homes with stuff we don't really need!!

[@LibryiaJones1]

You said “Hi, I’m Nischa, I’m a qualified Accountant” and I said aloud “and you’re GORGEOUS”…so I had to type it since you couldn’t hear me, lol.

[@Ogidni]

This woman 😅 Just save 200 a week. Super manageable... I make a really good salary but 200 a month is stretching it. Who has 800 a month just lying around 😂

[@sinkintostillness]

Just a nice round number example to give you an idea on how to break it down.

[@ramyadav-xo1gq]

its hard to put into words, but the book Magnetic Aura from Talesio completely changed my life and it's not new age bs

[@leslieschmitt7749]

Great ideas! I’m sad I missed the savings challenge deadline; I’ll be watching for the next challenge! Thank you!!

[@muhallebi6168]

Speaking of waiting for Black Friday sales, could you make a video about how to not overspend when sales are on?

[@sumyrarattani6682]

This automatic/structured investment technique is really good. I have built my portfolio adopting the same thing

[@RiosCosma]

Excellent video but Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits 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!!

[@dritazane6837]

You're correct!! I make a lot of money without relying on the government, Investing in stocks and digital currencies is beneficial at this moment.

[@nwaiwuthompson3939]

Job will pay your bills, business make you rich but investment build and wealth long term, the future is coming.

[@charlescoyle4345]

Nischa, your comment on renegotiating your rent lease got me thinking. I’m 67, sold my house, staying with a friend while looking for another. At this point in my life I’m wondering if I should rent. I’m planning to pay cash if I buy. But the lost opportunity cost while tieing up all that cash. Plus all expenses of owning these days. I wondering what your thoughts are. And/ or do you have a video discussing this

[@Sabrina-g1h6d]

Rent, no maintenance costs and not fixed to a location.

[@nischa]

Hey, I've got a video breaking down the buy vs rent debate and the key things to consider here: kzbin.info/www/bejne/rIe8doGgrredmqcsi=p02Njogi3IRpSyIK

[@johnfallon6906]

I would join up, but I’ve already successfully did all your baby steps in the last 30 years. Thank you though it’s nice to listen to howone teaches another person to save. I did it on my own. The only help I got was when I was about 14 years old. I want full-time working at the age of 16 and my dad said to me and I’m number eight out of 10 kids but I got it. If you save $20 a day at 600 a month don’t ever touch it again and don’t ever make an excuse to touch it. Again, it is still nice to listen.

[@austinbar]

The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?

[@rogerwheelers4322]

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[@joshbarney114]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.

[@FabioOdelega876]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@joshbarney114]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@FabioOdelega876]

Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@Free2Fly2011]

My dear, you've explained this so clearly that I could understand. I've subscribed to your channel. Thank you.

[@alimsh2680]

Thanks for all your advice and videos. Can you please advise if ETF's at this point in time are worth investing in? like the S&P 500. Do you invest in these too? Thanks

[@bosshoggett]

Yes and it's foolish not to. Quickest way to accelerate your savings.

[@annacomnena217]

It's time to be out of the S&P now.

[@melike1984]

You are the CEO of your life through the decisions & choices you make. Take control of your life and make decisions that look after you....and your future self, dont sabotage yourself in the present now, your habits will determine your future.

[@WealthyChronicle]

Isn't it crazy how simple it sounds, but most people STILL don't do it? Automation is the key to making savings effortless!

[@RadhikaKowthaRao]

Hey, am a day late, wonder if i can join your 5 day? Or should I just wait for the next one hopefully before the holidays!

[@steven_king]

Hey Nisha! Big fan here. I just started a finance channel (live in the US), and just uploaded my first content. I wondered if you had any advice for someone just getting started in the finance space?

[@GregWilliams-et3nj]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@AnkurYo]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@simone_maya]

Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

[@FranciszekPawal]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@AnkurYo]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@FranciszekPawal]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Mary Monica stigle ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@KaranBhand]

Thank you for the video

[@casabellakollam3663]

Hey 👋. Can u pls do a video for the best budgeting app that’s simple and useful in 2o25 . Plsss

[@YonathanG]

Sadly, in the US, there is no negotiating with your landlord.

[@katscully]

You can negotiate with anyone. There is no law stating you can't negotiate w/your landlord.

[@YonathanG]

@ never said it’s prohibited, it’s just extremely rare for a landlord to bring rent down, at least in my city.

[@bosshoggett]

As a landlord I've never been asked except that could they could have a dog.

[@theresiamares3170]

Mischa, good video…however you missed some necessities…insurance (health, auto, life, renters etc) and taxes. While most people have taxes deducted from their checks, it’s a great idea to have the minimum deducted and put the anticipated overage into savings. That way you are earning interest on the money instead of letting the government hold it for you interest free. So many people pay the maximum into their tax account and garner huge refunds. All that missed interest…sigh.

[@mo_6298]

A very good and informative video, thank you Nischa 😊🎉

[@cheriemaeespina6655]

Thank you for these informative video 😊

[@maysefagundes3011]

Thank you, it helped a lot. ❤

[@AnaViolinViola]

Going for cheaper options is a great idea, I just realised that I could potentially save around £50 p/m on travel costs to work and back…not bad! Well, it would take me 10 min longer to walk to the next station every time (and 10 min back) but I’m willing to try😅

[@6461791]

I am from America. I have commented on your wonderful videos before. I Luv you Nischa!!!!

[@carmopereira8581]

Great video nischa wonderful information keep it up God bless you

[@EmilyGrace200]

I want to thank the Lord Jesus Christ for hearing and answering my prayers, thank You, Lord! May the Holy Spirit continue to guide us in sharing Your unconditional love. On another note, trusting the process really does bring great rewards. Working with Melissa Jonas Richard has positively impacted my financial journey, and her advice has helped me grow. If you’re considering a change, don’t hesitate and stay disciplined it could be just the opportunity you’ve been looking for!

[@StevenPaul_NYC]

Oh my goodness, I’m so happy to hear that! Melissa is amazing. I was skeptical at first, but her approach to investments is next level. I started small, but now my portfolio is way better than I ever imagined. She’s really professional and has been verified by major agencies like the Financial Conduct Authority (FCA) and the U.S. Securities and Exchange Commission (SEC). Honestly, I wouldn’t have believed it if I hadn’t experienced it myself.

[@KishTalksCredit]

Thank you for this great content!😊

[@HariV2025]

Nischa the work you are doing is making a positive difference to people lives worldwide. You deserve all the good things you are getting from life. One day you will be a self made billionaire. 🙏

[@abbidalibharmal]

Hi Nischa I was initially drawn to your videos because of your stunning beauty and captivating presence. Your beautiful eyes, lovely hair, and engaging speaking style are truly mesmerizing. However, as I delved deeper into your content, I discovered a wealth of valuable insights and practical advice on the financial sector. Your experience and knowledge have been incredibly helpful, and I've implemented many of your suggestions. I want to express my sincere gratitude for all the hard work you put into creating such informative and inspiring videos."

[@eid170]

i think housing and grocery are the biggest costs

[@rifsad1238]

Did think of saving like this. I have a target but no routine.

[@unknowjlm]

"If you fail to plan, you plan to fail..."

[@rifsad1238]

@ I’ve sat down and now working through all my finances. I’m self employed, have three children. So I really need to be realistic about what I put away. Seriously, thank you for this.

[@kumudubandarage]

Thanks and keep up on these Nischa!

[@BluuFLWROfficial]

Love your content Nischa ! Thank you so much for these tips ! 🎉

[@banabormho4303]

It’s shocking how Women’s Magic Truths on Borlest isn’t being discussed. The book is full of life-changing insights, yet no one seems to notice. Time to break the trance and read it yourself!

[@stevekumar2017]

First in... Nischa hope your well, Keep up the great videos, I used to work for GS too. A great new career move ✅️

[@charmainemoyo1072]

Thanks a lot for the tips really helpful👏👏

[@olviaangulo3058]

Is it too late to join?

[@Alex-o8o6k]

What is the best bank?

[@rommel6109]

CIT Bank

[@Alex-o8o6k]

@ Ty I ask because my parents have chase

[@rommel6109]

@Alex-o8o6k Currently, APY is at 4.71. The highest I've seen is 5.06. Several months ago, it was at 5.0-5.03.

[@Alex-o8o6k]

@@rommel6109 I was thinking of getting a capital one

[@Alex-o8o6k]

@@rommel6109 is it in texas

[@googleuser795]

Always up for learning but don't see anything actionable for me 😕

[@fashionandluxury101]

Great informative video. I appreciate it .😊

[@kurthq]

Thankyou for all the information! This was really helpful :)

[@FinancewithAvrin]

Great video and production!

[@princesse5043]

Thank Nischa always a blessing

[@dannywalters958]

Also remember that though it is a good start your savings would never be enough.

[@thaminduliyanage]

Thanks. I just needed this video ❤

[@potato1084]

(Not a bot) I doubled my savings in a month but that’s cause I timed my investments in a certain currency. It’s not gonna happen for another 4 years 😅

[@johnfallon6906]

And I need to apologize. I use voice recognition and sometimes I don’t check the Grammatical, errors.

[@hunterandchavy]

Yass Nischa! Awesome 💎 strategic plan to be financially free

[@ic7804]

But 'borrowing' from banks is an investment to people who know how to deal with finances.

[@collinsdeocomedy.9807]

Thanks again dear.

[@IsmailKamran-m4i]

how

[@13ankur]

Love you Nischa!!!❣

[@dannyzuehlsdorf3697]

Thank you for being GORGEOUS!

[@nico-ng3pt]

Awesome ❤

[@TFKG]

Negotiate rent 😂. That's a good joke. Not in greedy super inflated USA. Here they raise the rent every time your lease is up. Your choices are pay it or find another apartment that's usually crap.

[@HariomAwasthi-rc1ou]

Such a valuable video! I don’t often promote books, but the book women’s magic truths on borlest is an exception. It’s packed with insights on wealth and self-care that are not widely known. All the best to everyone

[@Sam-ue4rv]

Capital Gains 18% from 10% ridiculous this Labour Government is definitely 2 Tier.. Rich or Poor no inbetween..

[@EnVideoZone]

You are special.

[@stephmeldrich6765]

Thanks for this video i have challenged myself to put away 50% of my monthly income into stock options which is quite easy since I live frugal without debt. I work as an account exec, and make over $20k. $10k goes into stocks, and the other $10k covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager Susan Kay Mack who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term.

[@lidijatana7894]

Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth.

[@NamsaAlcantar]

Looks like she really knows her stuff. I also found her online page and read through her resume, it was really impressive.

[@soveinaaraceli]

impressive , love the strategy

[@raylopez1112]

Love these scammers!!😂😂

[@Gamer32515]

Amazing content in this video! I rarely suggest anything in comments, but the book women’s magic truths on borlest is a game-changer. It provides deep knowledge on wealth and self-care that can really make a difference. Take care, everyone

[@EnzBank]

She mean need, want and invest, savings.

[@anthonycarr8828]

Always great advice. Thank you

[@vijiviji-z7b]

I LOVE 🇬🇧

[@zakiralma-jb1ku]

It's crazy how no one is talking about Women’s Magic Truths on Borlest. This book has secrets that could change everything, but people seem blind to it. Wake up and see for yourself!

[@dalurahaman4348]

Madam I am indian i don't understand fully English language.but I tried to follow your guidance

[@kirankishore9934]

Try taking 1 hour per week classes from a good English teacher. Read good books and read English grammar books. See free online courses at Coursera etc. Practice reading, writing, listening and speaking English. Spend around 1 hour per day for a year. You will see the progress. Continue to create vision, goals to reach that vision and continue working on those goals.

[@AshishDoonga]

And you managed to write it in English right ?

[@niekklein8725]

Divide a goal into smaller chunks so you can manage to reach it more quickly. Make a list of where your money goes to, mostly house and groceries. Do you need or want something, that your money is going to. STOP borrowing, don't get into debt Think, want, do frame work: spend on fundamental, fun and future products Save money, cut costs etc

[@BigBoiTurboslav]

Download transcript - translate to your language

[@solo7398]

Who can help me set up some Stock investments?

[@kaweshworld7686]

Love u so much from pak.

[@bigmac4899]

Negotiating rent? Where in the world would this happen? Definitely not North America. LOL

[@fireat40]

same in the UK. negotiate lower rent? I am already contented if my rent does not go up every year!

[@bosshoggett]

As a landlord I've never been asked to lower rent, but I've been asked not to put it up as a reward for a long term lease. One of my current Tennants hasn't had their rent increased for 3 years now. But they know when they go it will be the market rate for the next person. This makes them think twice about leaving too.

[@nischa]

Can confirm it happens in the UK

[@devasaidhani6048]

Nisha you seem to be giving good advice, but the language is the problem for me

[@sclifarilis]

You are beautiful

[@DHARMENDRAKUMAR-mq3pt]

Hlo are you interested in dubbing your video in hindi

[@Catholicman82]

Gorgeous

[@luckyfj99]

☺️🙏🏻

[@123MondayTuesday]

how do you keep making content? Basically save more and stop wasting money, possibly try and earn more

[@elisafraga4358]

Her content is amazing. Informational, direct to the point and very inspiring.

[@SS1LE-2018]

She’s probably making over $1M per year with her content.

[@ShandaLeerMusic]

🤩🤩🤩🤩

[@ShandaLeerMusic]

One thing I will say that you never really touch on is how you put a price on life experiences. I lived in NYC for 5 years and all you do is work your ass off to pay the city almost everything you earn... doesn't make sense financially, but the experience was priceless. Travelling has similar benefits that is hard to put a price on. You need balance in life.

[@PeacfulMermaid]

For #4 I agree but ridiculously the need to build credit score causes us to use credit card instead of debit card. I just stopped using the credit card. I don’t need it and they charge monthly interest. I can buy everything I need from the debit card. What waste of money. So how do we solve this conflict?! This way of credit score is ridiculous. I rather see how a person manages their shopping within their salary and not with credit card. And the whole system around this credit scoring benefits from it: credit card companies/ banks, credit score companies.

[@nischa]

Hey, if you're paying off your credit card in full and on time each month you shouldn't be paying any interest on it

[@spinner903]

You clearly don’t understand how credit scores and credit cards work. You don’t pay interest when you pay credit cards off in full every month. Also, credit scores are multifactorial and not a scam. You do need to have some lines of credit and show you can use it responsibly to have a good to excellent score, but you don’t have to pay any interest or spend more to have that score. Whatever you’ve been told seems to be a lie.

[@lmor7110]

The credit card industry is a marketing juggernaut for sure. Even though their strategies don’t help me directly, I choose to continue improving my credit score because it affects my mortgage interest rate, credit checks for utilities & job opportunities, etc. I view it as a game to get my score above 800, working towards the mythical 900 🦄

[@funkyfragrancelover2979]

Login to your credit card account/bank and there will be an option to pay off your bill in full every month automatically so you don’t incur any interest. Credit cards are useful in the UK for purchases because by law you are covered by section 75 of the consumer act which means you are protected and entitled to a full refund if the company you are buying from goes bust or does not deliver what it promised. With a debit card you have zero protection.

[@danieljayasiri7739]

Check your cc expenses, take note of the consistent bills and add up your total for that cc billing month. Then divide that by four and set up an automatic payment from your cheque account to pay your cc account every week. That way you build up your credit score and you would generally be not carrying a balance every month. Any out of ordinary purchase on cc should be thought of "will it fit into my budget to pay off within a month?" If the answer is NO! Then you genuinely shouldn't buy it on a credit card. 😊 happy savings

[@amitycyril]

Thanks for the advice! Got XAI42D, feeling bullish! 🚀

[@SuperBadger1983]

fit. wifey 100%