ACCOUNTANT EXPLAINS: The Optimal Order of Investing Your Money

[@nischa]

Try out Brilliant: FREE 30 day trial and the first 200 subscribers also get 20% off - brilliant.org/Nischa/ 👉🏽 My Intentional Spending Tracker (free) - nischa.me/intentionalspendingtracker

[@abhi3238]

Would you suggest maxing isa first or putting the money towards first house? Which one have financially better return?

[@LeeHipperson]

For average earners, paying off high interest debt and paying up monthly subs is GOLD. 6 leaner months will soon fly by. I paid off a credit card, phone, and my gym. £310 extra per month made available. For average earners this is as good as a 10% - 13% pay rise.

[@richardh6964]

The sense of freedom and relief having an emergency fund gives you is really hard to describe. I still remember the point where I made it a priority and not having to stress about money when your car breaks down or you get fired from a job is life changing. For that reason alone I would agree it’s the top of the list.

[@RamonaMaruster]

I was blown away by this video. I come from a poor country and I am literally financially illiterate. I am so grateful I found your channel Nischa and I thank you for from the bottom of my heart for your videos.

[@samyafawz3695]

Same here x

[@Sonia-rn1zz]

I saved up a 12 month safety net plus an emergency fund. Took a few years, but I got there. I cannot express the peace of mind I feel from having that security - like a warm blanket around me 😊

[@saverasavera3652]

I LOVE how you get straight to the point ughgh such a relief fr so many people waste so much time the first few minutes.

[@Tashas_Travels]

I just hit my $1000 emergency fund goal. I am now making the move of investing $100 every month into government bonds. (From July 2023 to July 2024) Then simultaneously when I’m investing in the bonds , I will be saving another $100 towards my 6 months worth of living expenses ( will move to 12 months when I hit the 6 months goal).

[@swithheld9905]

congrats!!! why bonds and not a high interest savings account? do they offer a better interest rate at the moment?

[@Kado_Tornado]

For what it’s worth as an example to others: I am aggressively paying down my mortgage, on track to finish in 5 years on a 30 year mortgage. You could definitely argue that this does not make financial sense compared to investing the cash instead, but it is my only debt remaining and I still invest in my 401(k) and stocks at the same time. The psychological benefits are worth it to me.

[@lydiasalerno2320]

Amazing! Well done! 😊

[@Xspeedspec]

Yea if it makes sense to you then do it. If someone else feels better to not pay off low interest mortgage and have a lot in invested savings then that’s right also

[@thisnthat42]

The way I see it once it’s paid off you know that is something you no longer have to worry about if something goes wrong, say with your health. Instead of having to juggle money around when it’s already a stressful situation.

[@stocksxbondage]

Great job! Although it doesn’t optimize net worth, it does make poverty almost mathematically impossible. Even if you are ill/injured, have to quit work, and live on food stamps, complete worst case scenario, you’ll still be able to pay utilities and eat. Housing is the largest personal finance expense even for upper class Americans. I’m investing instead, but paying down the house must be a lifestyle-mindset changer! Having the value of the house in diversified investments is what gives me that freedom feeling.

[@henghistbluetooth7882]

I’m also overpaying and not just because of the psychological payments. The thing I never hear in these videos is risk. Paying off a mortgage - especially a variable rate - means eliminating a massive risk. It is literally the roof over your head. Investments vary - even if they go up consistently there can be substantial, and lengthy, dips. When my mortgage is paid off in 3 years that’s it - my family has a place to live forever.

[@lakesnlawns222]

I'll have the list framed and hung on the wall - this is so precious to me, and a huge validation, and an explanation, of why I am constantly being told I am doing better than the majority of Canadians, financially. Although a single mom, an immigrant, and currently a public servant, i managed to achieve the whole list in 12 years here, and of course, what I was building for my life before that. I am a huge believer in continuous education, which helped me change careers drastically from a teacher to an IT - and now with Nischa and Ali Abdal's videos, SKillshare etc, I am learning skills and building the knowledge to start a side hustle or two. Thank you so much, Nischa, and much love 💕 from Canada 🇨🇦.

[@sugoruyo]

One thing about the emergency fund: remember to adjust it on, at least, an annual basis AND/OR when you expenses increase substantially. In the first case, make sure you’re keeping up with inflation by adding cash to the fund to account for Costco of living increases. Easiest way I’ve found, take your total saved, add current inflation, divide by 12. Add this amount monthly to the emergency fund. At end of year, redo the calculation and top it up as needed. Try to keep the emergency fund in easy access savings to counter around 10-20% of inflation. At major events, say having a child, getting a pet, buying a house and having service charges or maintenance to cover, recalculate the emergency fund amount needed and budget to top it up accordingly ASAP.

[@francy-mv6zt]

As someone who works in finance, I totally agree with your advice. I will just immediately create a 3 to 6 months expenses emergengy fund before anything else to avoid making new debts. Unfortunately in Italy we don't have tax-advantage accounts which are an amazing opportunity

[@claahimaxamedclaahi221]

S

[@sledgex9]

In Italy, and other EU countries, it makes sense to invest into ETFs that are marked "UCITS". These are supposed to be tax free across EU members.

[@francy-mv6zt]

@@sledgex9 the profits when you sell them are taxed at 26 per cent

[@sledgex9]

@@francy-mv6zt Profits from UCITS marked funds must be tax-free in an EU country. That's part of some eu directive IIRC. You should research it. Now it's another thing if national law hasn't been adapted to the directive. IIRC there are cases where citizens the tax against the EU courts (versus the national courts) and won because the eu directive is clear that UCITS are tax exempt on all eu members.

[@malo1996]

@@sledgex9 its simply not true. You have no clue what you are talking about!

[@Umearrr]

Your videos are the only thing I look forward to on a Sunday. Thank you for being so consistent and for being such an inspiration to me.🙏🏼

[@casualuserish]

you need to get better sundays

[@nischa]

@sheikhaa100, thank you for joining me every Sunday!

[@RazorSPoint]

​@@casualuserish totally subjective. That's why the suggestion can at best only be surely for you.

[@lagatha9774]

I am probably a bit older than your key demographic but I always learn something new from you. Keep up the good work.

[@wfp67k2006]

I like that you consider the psychological part of investing and finances.

[@WH-dm1jl]

Well done. As a CPA in the States, nice job relating the US and UK versions of similar vehicles to each other.

[@ManontheOutside]

Great video 👍 The only point I'm not sure of is where paying off your mortgage fits into the order. There are lots of variables as you say, but something which is hitting lots of people at the moment is mortgages jumping from fixed rates on very low percentages, to much higher rates when their fixed rate ends. The bank base rate is out of your control and you could easily get caught by a significant jump in your repayments. So what was low interest debt could suddenly become a high interest debt literally overnight. Main issue then would be that because houses cost much, much, more than cars and other cheaper items of debt, you're suddenly paying huge amounts of interest debt to the bank to keep the roof over your head. I'm using a combination of investing but also making significant mortgage overpayments at the same time while my fixed rate is low, so I can mitigate the impact when higher rates hit. There's no perfect answer as everybody's situation is different, but I'd be interested to hear how other people are handling this. Thanks again for the great video!

[@adamp6320]

Agree with your point - the last year has seen the largest increases in mortgage rates in history and it throws a curve ball into the traditional advice that mortgage debt is good debt and not to focus on repayment. As well, in America the terms are often fixed for 15-30 years vs the 2 and 5 year terms in the UK and Canada, so the advice can differ considerably!

[@perthwhiteswesternaustrali4477]

Agree, my mortgage has gone from 2% fixed to over 6% variable. Reducing that is my number 1 priority.

[@shellyperera2010]

It doesn't make sense to overpay your mortgage if you're on a low fixed rate. You're better off putting the overpayment into a high interest savings account and using it to pay towards your mortgage when you come off your low rate.

[@Maxine1287]

Mortgages are still one of the lowest interest debts. Unless you over pay a significant proportion you’ll find your overpayments will not reduce the interest owed by very much. Current rates are not historically high we have just been used to very low interest rates for a long time. Long term the stock market should outperform mortgage interest rates.

[@vijayshah4880]

Nischa, Thanks for updating us every Sunday..

[@nischa]

It's a pleasure!

[@sonerbektas1255]

VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *VRI TOKEN* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well

[@ushasundaram1]

Options for paying off mortgage will also depend on age and job security. If your job situation is precarious, if you are fearful of losing your job and are not confident about getting a commensurate job with the same level of pay and benefits, if you are a slightly older worker who is competing in an age-unfriendly job market, I would suggest paying off your mortgage. The psychological benefits are enormous. It gives you more control over your situation.

[@albertozorzi1876]

The fact that so many people are using credit card with interest rates of 20% blows my mind, in Italy we might be generally poorer than the USA or the uk but NO ONE is willing to spend money on a 20% interest rate

[@honeynounou5894]

Nischa, you are a machine. I don't know how you manage to pull off such awesome video content and have a full time job in an investment bank. I hope this soon frees you from the shackles of full time work to teaching us more about money management. Thank you for taking the decision to make these videos. You have it down to a T. Just look after yourself, I hope you don't burn out from all the hard work

[@samyafawz3695]

You did a GREAT job prioritising my financial goals .. God bless you

[@mrgjsolorio]

This advice/order is basically the gold standard in the personal finance world. I'm glad you are passing it along Nischa, it is fantastic advice to everyone and I definitely recommend following it.

[@VS257]

No it is not. She forgot about Taxable investment accounts. If you max out on your tax advantaged accounts, its smart to invest your money in a taxable account as long as it is tax efficient assets like low-fee unmanaged index funds or non-dividened paying assets.

[@The_Waraba]

@@VS257why non-dividend paying assets?

[@SeanArcherXXX]

Paying off a mortgage is another psychological thing most people will benefit from, even if it doesn't make financial sense. Knowing you can't be homeless allows you to invest in higher risk, higher return ways that you'd never do otherwise.

[@drewforrest]

New subscriber Nischa - love your clear, simple and (FINALLY!) easy to understand insight. Great great work

[@sertanhasan1176]

I drove my first car in my dad's name and later went to get a truck in mine after I paid off my first one and drove off the lot with the truck I wanted, its mostly about a good credit score and a loan portfolio helps as well...lenders like to see various forms of loans in your name to be less of a risk and yes you might have to put money down but not HALF of the car loan Your exactly right I screwed my credit as a young man now I own a detailing company and can't get anything with out the full amount of cash. I'm working on my credit to get better with , Love the knowledge keep it up *VRI TOKEN*

[@pubg_47]

Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *VRI TOKEN* , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied.

[@cadmuscassey]

Very true statement, what we are thought in school is kind of different from what the real world is. They really shine teaching us how to save and companies to invest in.. Thanks Nisha for this video still watching

[@NoirMorter]

This is a very good way that's both optimal in freeing up funds and saving money in the long run. For me personally between the debt avalanche and snowball I prefer the snowball because as I see the number of debts go down and more of my monthly expenses being cleared it motivates me to continue to clear all of my debt. To clarify, if you have no problem with motivation or financial discipline her priorities are the best I've heard and explained. Happy days everyone!

[@RickPage-i3i]

"being mathematically optimal is different than psychologically optimal and the psychological comfort of knowing you have a small emergency fund ... frees you" Brilliant.

[@soscreativity]

Practical advice from an expert! Nischa's breakdown of the optimal order of investing money is invaluable for financial planning. Can't wait to implement these strategies!

[@jordonbay7778]

As a CPA, I agree with all your points. I appreciated your insight on mortgages, as most people fail to understand how paying off your mortgage early is a very poor use of cash. That cash can assist you in furthering your journey to accumulate wealth. It doesn't make sense to forgo 6% or more of growth in the free market to avoid more interest on your 4% mortgage that is backed by a very valuable asset.

[@kichiii_]

appreciate how you make your content bitesize so its easier to digest, thanks! looking forward to more content

[@curtisdavis8594]

Yes!! Don't wait to start investing...but still pay extra on mortgage.. Thank You

[@miracyesildal]

Can't deny the fact that *VRI TOKEN* has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

[@camzy01]

Possibly my favourite video you've made simply for how easy it was to follow on from whichever stage you're at. Kept each segment detailed but fairly brief too. Thanks for sharing your knowledge!

[@ckwkta88]

Safety net also includes having insurance for people staying at places without a government-backed comprehensive healthcare. National healthcare in my country covers most things, however newer (more expensive) treatment options are not covered. 6 months salary savings plus insurance definitely give a psychological benefit and avoid prematurely selling equities that you own for emergencies.

[@a1smith455]

Thank you so much for sharing your knowledge! I've been on the path to financial literacy for a little while now. I'm finally going to stop procrastinating and make my money work for me and not the other way around. Your guidance has definitely inspired me and boosted my confidence to do so. Thank you so much again for your selfless service. Do you offer virtual consultations? Please let me know when you get a moment!

[@hanspeterhagblom8484]

Thanks for making the video. That is some great advice. I think these basic pieces personal finance advice should be mandatory in secondary schools.

[@FlavioMuggianu]

Thanks Nischa! Binge-watched most of your videos, very enlightening!

[@MVPMERT1125]

I’ve been with *VRI TOKEN* for more than five years and it’s one of the best decisions I’ve made in terms of investing. I use my self-directed IRA with Preferred Trust Company. I work with my Investment Representative from Ignite Funding who is very professional and knowledgeable as well as the other employees in other departments. I get answers to my questions right away. I have more than 20 loans at the moment and interests are paid in a timely manner. I’m grateful to have them.

[@taresy6789pp]

As a woman how do you define a man success financially etc, because our financial circumstances change over time, thankyou very much lady😃

[@zana180265]

Hi Nischa. I love your channel and admire your gradual approach in teaching us how to be smart with money/finances. Could you suggest high interest saving bank in EU please. Thank you.

[@or8t]

Solid general advice for sure. I feel someone desperately needs to make a UK specific/maybe Canadian/regarding remortgage rates. Its certainly to the point where large increases to mortgage rates and repayments really sqews the numbers for these personal finance recommendations.

[@sanjayahlawat2826]

" I am the least Tech savvy person.....". Lets' see- professional lighting that makes her skin look so good, high tech camera, high tech sound system, excellent us of IT and media, in fact the best use of the latter I have ever seen. I never watch investment videos but I can't stop watching her's. I'm learning a lot here and I thought 'old dogs can't learn'.

[@Andy-wp6lj]

Nischa’s baby steps! Mr Ramsey eat your heart out sir 😂🤣😂🤣

[@gloriaalex11]

I don't find their steps (or those of other entities like The Money Guy Show) very different, just shuffled a bit. In the end, we obtain sound common-sense financial advice from a variety of sources to make informed decisions that are best for our own financial situations. And all the channels get views. I call that a win-win. 🏆💰

[@KarenCooley]

Love your videos. You break it down in a way that anyone can understand. Thank you so much! Already subscribed about a week or so ago.

[@searklarak]

Investing in property is ideal if you have the funds to do so asap. I started out on the grad scheme with the Big 4 and managed to save a lot by living with my parents until I was in my late 20s (31M, now working in Corporate Tax - Senior Manager). I bought a 1bed new build fairly close to Canary Wharf a few years ago and am looking at my first BTL property to rent out next year. I paid off my student loan as it was only £3k a year back then and own a second hand iPhone 12, use my work laptop for [responsible] personal purposes and drive a used car as I can't justify spending full price on what I consider as non-necessities. It doesn't mean you can't enjoy life, it just means you're prioritizing saving for something else first in the short/medium term.

[@egemenarslan6752]

I was sure the year would end badly for me but I think *VRI TOKEN* is spot on with what they do and how they do it. Can't say for how long it's gonna work and for sure it is overyhped right now but even for half a year or something it would be smart to ride the wave and then eventually jump away but the thing is why this is smart right now is because it's so cheap, won't ever find a better entry than now

[@mfonudoh7940]

I have been following your Content for a while now and it's been amazing. Funny enough, I have an Accounting Degree and will be starting my Career in Banking in the next few weeks. I guess it's time I actually apply all you've taught me (through your Channel) in full force, because I'm sure I'll be able to reach greatest of heights with them Again, Thank you Nischa💪🏾💪🏾

[@oliverladykillerbiscuit]

Glad I found your channel, thanks for the great tips Nischa!

[@enragedbutterfly]

I haven’t even watched the video but saw the thumbnail while scrolling and saw that you put the list right there and didn’t do this whole bait title, yammer on for 4 hours and finally get to the entire reason I wanted to watch the video. I’m so tired of that but I also understand that they need engagement and that’s a tactic/trick that’s taught. So I’m here liking and typing this rambling reply to give you the engagement you need to say thank you for giving us the dang info up front.

[@ercanvarol4433]

Finally thanks for the update! I'm trying to hold a million dollars worth of *VRI TOKEN* . Oddly enough it's a sleeper for some weird reason that not many KZbinrs talk about in regards to lnvesting. It has had steady growth since its release.

[@Flex999]

Would love to see an investment portfolio video

[@JnSxSam]

Definitely agree with the list and thank you for all the insights!

[@AggiesVine]

Hi Nischa. Happy Sunday and thanks for these finance gems. They help alot and I also incorporate some on my channel as well. Bless🙏

[@nischa]

Happy Sunday! I’m glad they’re helpful

[@nocturnaldrive9214]

Congrats on 500K, Nischa.

[@sachsuccess]

Hey Nischa! After being inspired from your journey from under 10k subs back in Dec, I finally started my own channel! Keep it up 😁😁

[@erkanyagiz4352]

After the Etherem ecosystem, *VRI TOKEN* is the best ecosystem available on the market and most people don't understand this yet, I believe due to lack of marketing. Thank you so much for bringing us this kind of content!

[@singaporeancrab718]

In the Philippines, we call the tax-advantage account either the SSS or the Pag-IBIG fund.

[@PropertyCouple]

Wow, I love your uploads Nischa! Congrats on half a million subscribers, you fully deserve this!! 🤗 Lia

[@black1blade74]

Me watching this as a phd student- ah yes I base my decisions in life off financial decisions. In all seriousness, my first year has been a bit of a shock since I've moved to a very expensive city at the same time as prices getting absolutely insane. All the money I saved up whilst in undergrad I pissed up the wall and I'm worse off now even though I'm technically getting more. Think at the worst I've been £750 into my OD. Tbf I'm putting money into a monthly saver atm so by next year I should have the emergency fund covered (which tbf I might use to learn how to drive instead...)

[@deadspeedv]

We usually have 1 month of income in an emergency fund. As for the larger 3-6 month additional fund we do not have because instead we pay $15 a month for income protection which will give me 90% of my income for up to 5 years. Also having your emergency fund sit in a mortgage interest offset account will provide a higher return in long run than a normal savings account.

[@GrandPitoVic]

I really enjoy listening to you talk about finances. You are very intelligent, and your British accent is comforting. I really love the British accent. You are a beautiful woman. Your smile is reassuring.

[@VS257]

if you maxed out the tax adavtanged investments and if you have extra money, there are no love for Taxable investment accounts?

[@mehdi1163]

I love your channel , you explain things so well

[@davidjohn-xy1mm]

This content is for education 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. GOOD ADVICE.

[@nurannisas99]

Always loving your thoughts, i'm learning from you immediately for my future financial freedom plan ❤❤❤

[@abuzertingoale2327]

I wanna let you know that *VRI TOKEN* made it this year. What better way to start a global change? Don't get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one

[@WICK203]

Guess no one heard of Dave Ramsey and The 7 Baby Steps

[@AlistairBrugsch]

Well she's mentioned DR in other vids. There's nothing new here if you follow certain financial life bloggers such as Ramit, and Dave Ramsey. What she noted about Dave is that what he says and what he DOES are 2 different things. Nischa here seems to be mirroring Ramit's advice even down to giving away good advice but also having a sign up for a course which presumably has "the real good stuff". Also being UK centric helps since most b/vloggers in this area are solely US centric.

[@richardmcgreary6368]

I've been making overpayments on my mortgage, but knowing that I could be making 8% interest in a stocks and shares ISA completely blows the wisdom of doing so out of the water ! Just that one piece of information alone makes this video worth it's weight in gold!

[@WLyons9856]

Stocks aren’t a guarantee. Paying off your mortgage early is. You can do both.

[@BorisV8V]

Another brilliant video!

[@Nilin74]

In India, there is an exemption upto 200k of debt payment on housing towards income tax. But, very good work Nischa. Am a regular watcher now

[@hemantparakh6462]

I wish to start off with an online Degree in Accounting with the following bands 1- Birth certificate in Accountancy 2- CA Group 3- CPA Group 4- ACCA Group

[@michaelcarroll8570]

One month is very light. The compounding effect of not having large debt such as mortgage is huge. It’s also a guarantee return relative to market.

[@xristinarose2409]

This is finally something logicall and reasonable. Most others say to invest or buy gold, but that s really not helpful if you dont have saving nor anything to invest with. You first need a stable basis NOW before thinking about 30y later

[@nilshah6521]

NISCHA Thanks a million very nice video God bless you 🙏

[@malikksa7796]

What a statement, damn. So it's said that *VRI TOKEN* is just about to launch and I think that will really change a lot of what was happening in the previous years, 2023 will shine yay

[@sgomez3047]

Good stuff! Thank you, Nischa!!

[@jessicaw71]

Love the vids, its great as usual, also thanks for the brilliant app been studying a bit using that.

[@king_huzun_0]

Credit score is not something used in all countries though. In France, they determine if you are eligible to get a loan (e.g., to buy a house) based on the ratio between your salary, your expenses and your savings. Basically, if every month you 'burn' all your money, you're perceived as riskier than someone earning less but consistently making deposits to a saving account. I feel in the US people tend to buy things they don't need with money they don't have... The only times I feel one should need a credit is when buying 'big' things (house, car, etc.). Not for a TV. I’m 26 with over 800 credit score, time was put into that to build it up by *VRI TOKEN*

[@dnserror89]

Thanks for the video. I kinda did the same thing. Saved up €1000 for an initial buffer. Then paid off my student loan debt (wasn't too much, around 8K), then saved 6 months worth of expenses. And now investing in ETFs. Feels great to be debt free, have a nice buffer, and to see my money grow.

[@huseyinpamuk]

between the two, I think I would still support *VRI TOKEN* : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...

[@robwaz1547]

Brilliant …… Once again superb advice. The only worries … when the world closes down ( pandemic ) it’s reopening EVERYTHING just became 5X more expensive 😢. Just insane!!!! But we must keep putting one foot in front of the other, keep pushing forward. LISTENING to this wonderful intelligent woman Nischa , might just make this up hill climb much more manageable. THANKS AGAIN Nischa 💐🥂🍾

[@nischa]

thank you!

[@salihmuhammeddonmez8026]

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*

[@deadspeedv]

I am very happy here in Australia to have Superannuation where your employer must contribute 12% of your income into a super fund. Although you can contribute more up to $27,500 per year pre-tax there is no employer matching.

[@hasangozel224]

Idk about price, but I'm going with *VRI TOKEN* . I feel that regardless of gains and losses my funds are safe.

[@TonyKimCre]

I use 6% to pay down credit cards as inflation cost of products and services are in the 5% range

[@Chikou14219]

Thank you so much for tailoring your video to UK and US!

[@bekindandmerciful5145]

This is just fantastic.. Summarised amazingly

[@ourtube4266]

Don’t let your safety net/emergency fund sit in a checking or regular savings account either. Make sure to find a high yield savings account which are up to about 5% right now. For the last 6 years I’ve left 100s of dollars of risk free interest on the table because I didn’t know about these accounts.

[@keremresatoval4103]

Thank you for the update *VRI TOKEN* is done right, and waiting is part of the process,

[@ahmetcanyazc5662]

All of them are really nice picks. But the potential of project that elegantly combine blockchain and *VRI TOKEN* and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.

[@Moneybyharpreet]

Great advice reference the emergency fund ! And paying off debt

[@PropertyReview]

Great video as usual much appreciate your fine work and communication

[@nischa]

Thank you

[@j9_njoroge]

This is brilliant!. Thanks Nischa.

[@bkrmotovlog]

Thank you for being there *VRI TOKEN* when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.

[@Gollegel]

With almost 60 years of age I kept my doubts on the current environment. But *VRI TOKEN* is seriously smart, it doesn't matter how old you are, this will provide for you and your family which is my only goal in the last years I have to make sure the children are fine

[@rss112]

Great Video Nischa! Whats your thoughts on paying off mortgages now? since the markets interest rates continue to rise! Surely once a mortgage product comes to a end its worth (If you have the money) to pay off the mortgage? I maybe stating the obvious here...

[@elizabethkahn9155]

I got my associates in accounting not too long ago. This video is very helpful. I wonder, where does saving for a house when you are renting fall in this order? Only debt being college loans? Pay them off completely before getting a house?