The Four-Step Routine to Financial Freedom. My advice

[@nischa]

What does Financial Freedom mean to you? Let me know!👇 Download my free 'Wealth Cheatsheet' here: nischa.me/cheatsheet

[@gilberto3997]

FF to me is wake up in the morning without worrying for bills emergencies and so on....that's why I like listening to useful videos like yours. Thanks a lot for your help, regards from Italy

[@adekunleademoroti8190]

black looks good on u

[@hansawidisinghe6]

😮😮

[@katkenziedr]

Thank you so much Nischa! I have been watching you for the past one year and to say that my financial health has tremendously improved will be an understatement. I can confidently say that I know I will be wealthy, it is only a matter of time.. Lots of Love and Light from Nairobi, Kenya

[@nischa]

So happy to read this & for sure you will be Kat! Sending lots of love to Nairobi Xx

[@ld5714]

Financial freedom to me, mean being able to live my life as I wish and planned for, without worrying about available finances to do so. I have been blessed and very fortunate as I planned my retirement, which I began almost 13 years ago. I wish you were available to me along with all the content nowdays, when I was planning. Fortunately, I was always a life long learniner and interested in financial matters. You are doing valuable work and a needed service to all your followers. Continue producing this rich content as it will bring a lot of knowledge and benefit to those that listen, learn and actually do it. Have a great week Nischa. Larry, Central Valley, Ca USA

[@ST-ff7pf]

Financial freedom to me means doing what I want, when I want, how I want, where I want, and with whom I want and feeling good about it. Great video @Nischa: clear and valuable information without the fluff. Thank you!

[@MindoverMoney1983]

This video got me thinking. Simplifying finances is so important! I’d love to connect with others who are into making money topics easier to get.

[@amanbhai3146]

The efficiency of this Abel Dorsey is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work jack!!

[@tagbon]

My big regret is that I didnt find this sort of advice sooner. Although to be honest, I know that I wasn't ready for it / wouldnt have taken action. But in the last one year, I've managed to get my financial ship at least pointed in the right direction, thanks to easy-to-understand-and-implement advice like this. Thanks Nischa!

[@celestetienne]

Don't know if you will read this but following you, I went from CC min payment to being able to pay it off in full every month & save 6 months emergency fund. Recently resigned due to change in values, and am able to take my time to find a job that I want without worrying. I could never do this 2 years ago so thank you!

[@mr.aslan42]

You are doing Amazing Nischa. Thank you for providing such great value to the community 👏

[@nischa]

Thanks for being here!

[@e.dabeas_t]

VERY INSIGHTFUL! VIDEO..... "Financial Freedom is more than a number.... its about being able to spend money on things love without being guilty and being Confident in your ability to control & manage your finances to live a more fulfilling life."

[@RizKalika]

I am no expert on Finances. However, I do come from a background of the lack thereof, and a point I learned is that there are many like me whose adulthood root from a negative mindset and a lack of understanding of the power of words, Taken back by some of the first languages that existed, freedom entails a definition related to "being free from/of" and in this case financial freedom gave people that were oppressed the impression that we must be free of money. I had come to terms in my 30"s that what I needed is Financial Security, Yes words matter , a great deal of us have learned that the way we use our words carry alot of weight in this regard.

[@Elijah-Rios11]

Don't be afraid to repeat yourself every so often in your videos. This is my second time hearing about checking my finances every year, and I think I need to hear it a few more times for that message to sink in. Thank you!

[@Elijah-Rios11]

And thank you for the master class

[@andrewgonzales4278]

Financial freedom to me is not needing to rely on my job

[@JF_ContentEnjoyer]

Absolutely this

[@Kevin-mk6jo]

What job? What is that?

[@d.s.151]

That's basically what the actual definition is..

[@andrewgonzales4278]

@@Kevin-mk6jo concrete mixer operator I'm in the union lol

[@dotProcess]

Facts

[@rbruce63]

On my wife’s paid for and bought new 2010 Volvo XC60 D5 with 105,000 Km replacing the front rotors and hubs became a US$ 2,000 out of pocket expense for not using the correct hubs damaging the ABS-StabilityControl-CitySafety module…it killed me!

[@caspertoo]

I started late but I'm on track to fully retire by the time i'm 57, which is in 7 years. I love your videos and have incorporated some of the lessons from them into a class I teach for rookie first responders.

[@michaelr3025]

In the vast sea of financial literacy and growth channels, your videos are well balanced and clear. This one is a great example. Thanks for putting the time & energy to create it, it certainly is helpful for many.

[@itswayneorshine]

I love that I found this channel! Not only is the content top-notch, but I've learned that you can get a ton of value into videos that average around 10 minutes...this is my ideal attention span for being able to pay attention to video content from beginning to end. Mental note! :)

[@DharvmeerkumrDharvmeerkumr]

It's amazing what you do Abel Dorsey We need a lot of people with your skills and set who have good intentions and spread lo

[@turbostyler]

I'm 40, its not too late for me, but it would have been better to start investing a lot more earlier for sure. Thats why I'm teaching my 4 year old the magic of compound interest. We collect soda cans at home and take them to a recycling robot that gives her money. Then we go into the shops and she spends a little of the money, but puts the rest into the bank of mum and dad where she gets interest at 100%. Get those reward endorphins fired up for saving and investing at an early age.

[@Jamesjerome0]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@MickyGlover]

Safest approach i feel to tackle it 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. its important to seek the guidance of an expert.

[@AmithKaury]

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.

[@AmithKaury]

Her name is ‘SUNITA SUZANNE BYG’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Tauheedkhan11022]

Congratulations, Abel Dorsey I am relieved that you are out there fighting these thugs, We musttake every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to You!! You deserve the Nobel Peace Prize for ensuring our security.

[@jeffreymorgan2402]

I started watching because she is stunning. Now I'm hooked on her advice. Beauty and brains is a good combination.

[@Omar3551]

Good Job Nischa. Been following you I think since 4000 Subs. what a journey.

[@nischa]

Ah one of the originals!

[@jajtiwari6128]

As a person and professional you couldn't get any better than Abel Dorsey Brandon is a very reliable person and an excellent professional in the IT field. He is the type of person you want to work that's passionate, hardworking and knowledgeable. You’re The Best 100%

[@aleksanderkostadinov6809]

Nischa u sound like the best minds on the net. keep up the good work

[@dania4501]

Thank you for sharing the free cheat sheet. So helpful! I like the idea of saving for one month for emergencies and then pay off the credit card with highest interest.

[@patrykverified34]

I Love how she speaks

[@mikeconnell4067]

The most valuable lesson I learnt from yourself and other people like Mr Yang was pay yourself first! This was life changing!

[@jollyjames30]

Can you make a downloadable sheet giving ideas on all the different ways and places for people to invest money? That'd be very useful for many who aren't too familiar with investing outside of rental properties.

[@tahirisaid2693]

I've been diligently working, saving, and investing towards financial freedom and early retirement. However, the economy's downturn since the pandemic has significantly eroded my portfolio. My question now is: Should I continue contributing to my portfolio in these unstable markets, or should I explore alternative sectors??

[@MariettaDiane]

It's a little more complicated than a simple answer. You probably should reassess your investment strategies based on current market conditions. You should also consider a market expert to guide you.

[@marie-jadechampagne3744]

Markets have been soaring super high since october 2023. We are talking more than 10% and that is with index fonds only, meaning no individual stock picking. Maybe revisit that?

[@FFMakerbhai]

Checking odds and placing bets on 4ra is easy, and winnings are good. Enjoying every bit.

[@Controlledfinance]

You’re such an inspiration, I’m growing my finance channel and it’s already paying off

[@AndreiDante]

It would have been so good if I had discovered your videos in 2018, they would have helped me get through the trial and error phase. But I'm glad that I do most of the stuff that you presented here and I can subscribe to the idea that it really helps a lot. It clears the smoky path to the financial freedom. I'm not there yet, but my financial skills have improved 5-10x since 2018 when I started with tracking my day-to-day expenses.

[@tonysilke]

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.

[@Nernst96]

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.

[@PatrickLloyd-]

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.

[@JefferyDuns]

i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@PatrickLloyd-]

Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@JefferyDuns]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@Robotgaming0777]

I did not believe that after the whole FTX drama there's any good to get this year but Abel Dorsey proved otherwise. Bad timing maybe but it's a great adoption to get this more to the mainstream and raise awareness. Probably a high contender for a top 100 growth

[@Hope.Akello]

I like the math. If the interest is on reducing balance, then I look at it this way, the total cost of debt is reducing by let's say 20%. There are some debts with a fixed interest capped. No matter how much you pay, there is no saving. Then there are debts where one could get a waiver when they pay in bulk. Calculate😊

[@EcomCarl]

Love the practical approach to achieving financial freedom outlined in this video! Tracking expenses, prioritizing debt repayment, and investing wisely are essential steps toward building a secure financial future. 💰

[@jonathanpaske2739]

Financial freedom for means retiring early which I did. Also it means we have no worries we can sustain a reasonable living standard. We have an old fashioned marriage based on trust . All the money we ever earned went into one pot. There was no breaking down various bills for each to pay. Having one pot meant that we could build wealth and sustainability. I was lucky the two of us worked as a team

[@ARP369]

Thank you Nischa, these are so important to create a stable life-style which so many youngsters are unaware of. I hope your videos will reach out to many. ❤️

[@Farmwald853]

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next Nvidia in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

[@SteveKalfman-yv7co]

I think the next big thing will be A.I. For enduring growth akin to Nvidia, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

[@SallyW414]

Facing a similar situation, I sought advice from an CFP. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.

[@JohnMatthew-hq3xs]

Your CFP must be really good, I hope it's okay to inquire if you're still collaborating with the same CFP and how I can get in touch with them?

[@SallyW414]

She goes by ‘’Vivian Jean Wilhelm’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@JohnMatthew-hq3xs]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@butthereismore]

I like what you do, I am glad you did not stop.

[@鶴井葵]

Been with 4RA for months now, their fair play is why I keep coming back 🔄🎰

[@joshuahenwood1802]

Great Video. I have a insant savings account that I use for emergencies. Instead of using credit I will use the emergency fund to pay off anything I need in my own time and interest free. This allows me to never go into debit and still grow my savings. Your videos have helped me understand budgeting and how to grow my investments, while still being able to spend and not feel bad.

[@silveronblue]

Thank you for your video! Financial freedom means always having more than enough income to cover expenses and also being able to save some money.

[@indaswanidp3480]

I'm literally overwhelmed, You are a blessing to the world. I can't thank you enough Abel Dorsey for helping me with my account recovery. My prayers will always be with you and your team. Keep it up guys. Love from Maldives. There are many people out there I pray everybody get help.

[@giorgiotribastone7070]

Love your accent and your beautiful also. To answer your question not having to worry paying my bills and go on vacations and working for myself not company.

[@wildfoodietours]

Financial freedom is designing life on my terms.

[@ulloaleticia]

Thank you so much for your financial videos! Love them!

[@whatever2873]

I find your videos immensely inspiring. I find that most of them are aimed at young professionals who have regular incomes/ salaries. I work in design, and I'm a freelancer. It would be so great if you could make a video focussing on achieving Financial Freedom/ Independence, for people who have intermittent income streams - or if you have already made one, please point me to it. Thank you!

[@belenkayaarina7860]

It's recommended to save at least 15% 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 15% 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.

[@d.s.151]

I thought financial freedom had a pretty well established definition already; the ability to cover all essential living expenses via passive income (interest, dividends, royalties). That way you can then invest all income from work into non-essentials - investments, holidays, personal development, education, hobbies, whatever. That's my financial goal anyway.

[@gatekeeperboxing5898]

For me financial freedom is being free from having to rely on anyone else for financial help. Being able to cover all your bills, and still be able to buy whatever you need. Not having to rely solely on your paycheck from employment or state benefits, or having to take on debt that you can't pay back in full when it becomes due. Everyone can achieve this just by starting saving/investing from your very first paycheck, and not getting caught up in feeling like you have to keep up with all the latest things whether it be fashion, phones, vehicles etc. In the beginning it is essential to buy only what you need and not blowing your entire paycheck on goods that are not essential.

[@michaelhughes8413]

I enjoy your videos, thank you. Investing in your health is worth a mention I would say. Rotten teeth, aching limbs or other ailments will end up setting you back hundreds or maybe thousands of pounds. On the mental health side of things, a puzzle book will typically cost you a £10 or less. A walk in the park is free, as is a visit to many museums and galleries in Big cities.

[@aprilw2387]

Spending freely (but conscientiously,) in line with MY priorities and values AND still making progress on short and long term financial goals.

[@Aarrenrhonda3]

The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?

[@Rachadrian]

Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.

[@Dantursi1]

Yes, a lot of people doubt the value of financial advisors, but in the last ten years, I've had one regularly restructure and diversify my expenses and portfolio, and I've made over $3 million in gains. I don't mind that it might not be much because I'm financially secure.

[@kavisharma_]

Love the investing tip Nischa - especially on investing in yourself!

[@HarishYadav-mq5vo]

On 4RBT, I placed a bet for IPL Lottery, and the winnings were FAIR and square. No issues. It's awesome.

[@RobertBeedle]

I wish i had half of what you have going on for my channel. You're killing it. 🎉

[@Yogeshkumar-no8yz]

Thank you so much Nischa for giving this! Its an eye opener, following your advices to achieve financial freedom. Great Job!😊

[@flemingdasari6032]

Hi Nischa, a small suggestion - anything that negatively impacts expenses in your demos please indicate with colors. That will help people like me who follow your channel. Thank you for everything you do 💚

[@Sarah-fs2fw]

I love your videos! You break things down so they’re much easier to understand. I’m 40 now and I want to start investing! I’m scared of losing money but I’m going to start, as I know this is best way for your money to grow.

[@TobyAsche]

Love the color theme of 4RA, it’s so catchy and vibrant! Eye-candy bhi, money-candy bhi! 🌈💸

[@auwais21]

Have been waiting since your last episode. Thank you for posting.....

[@MohsinAli-kw9bf]

Very interesting video Nischa! Would be very beneficial if you shared your thoughts for those who wanted to save, invest etc down the ethical route as in not via interest based transactions etc.

[@Unapologeticamanda]

Thank you so much for all the knowledge you are sharing, you are highly appreciated,🙏

[@mal7175]

I actually disagree on your take on expenses rising at the same rate as income. The gross amount I earn has increased 5-7x in the last 10 years, but my net savings rate is 5-10% lower. Other factors come into account like moving to a more expensive city, but I'd argue it's more important to start saving younger and on a lower income than it is to proportionately increase your savings rate as your income grows.

[@kevino2124]

My idea of financial freedom is having funded budget categories. Encountering an expected or unexpected expense only to find that its already "paid" for feels awesome. I don't want to have to ask myself how I will pay for something, only how much I will pay.

[@welcomelove3738]

You’re the BEST Nischa. Thank you for providing such quality, insightful yet succinct content. I look forth to your videos every week! And over the last year, your content has really helped me with my finances so thank you so much !!🎉

[@siilver1]

Nischa is definitely my BIGGEST DISCOVERY OF 2024! 🍀🌈 Although I knew You existed from like the later half of 2023 it wasn't until this year that I started watching you! .. . . 14th may 2024 at 7:37 p.m. Tuesday

[@BetterMoneyTV]

I believe this is one of those things where paying off debt is the mathematically correct answer, but doesn’t work out in reality. In reality, the clock is ticking to the next crisis. Without emergency savings, most people will use a credit card to pay for a $500 unexpected bill. You don’t need a $5k in your emergency fund to start -try building it to $1k-$2k first. Next, I recommend building your vacation fund, to go on debt free vacations, get that set up as a monthly transfer. Then, tackle your credit cards. Hope that helps.

[@SerenitySeeks-iu4hw]

Valid points🎉😊

[@vh2712]

Awesome advice! Please keep the information coming. 🙏 Thank you!

[@johnnybarnes2120]

If you didn't know your information is valuable and needed. Thanks

[@anishkabra4309]

Financial Freedom for me is to buy my time and to allocate funds in such a way that i can take calculative risk to do business for activities which i like.

[@PrinceRajput-s4y]

Yes, 4ra has the best ODDS for IPL Lottery. Winnings are very satisfying. No complaints at all.

[@paulna85]

I missed you this Sunday ! Started binge watching old videos !!

[@AGameCoach]

Simple and strategic advice as always, well done

[@khotsoletsoalo33]

Awesome. Dude you're Financial Gold. Thanks

[@danac2899]

For me financial freedom is to be able to generate wealth with my own skills independently not being an employee while being able to take longer breaks 3-4 Months per year and go somewhere while still aford my bills.Owning a house + vacation home.

[@TheChancer0]

Bonds are not always low risk e.g. UK returns in 2022 were -17.6% for investment grade bonds!

[@AlexsClemens]

Just tried the 4ra platform, super smooth and easy to use 🎉

[@pecelirovucago7149]

Financial freedom means that I am able to take care of myself in my later years of my life . Thanks Nischa.

[@中峯正]

Love how 4ra keeps everything transparent, makes me trust betting with them more 📈✅

[@gabrielmbewe-km9cm]

Thank you Nischa

[@SGH-rt6ci]

Erich Fromm - escape from freedom. Worth reading.

[@FrederickTank-d6h]

Financial freedom for me is being able to maintain my families current lifestyle even after I’ve retired.

[@DeclanHiggins-YoutubeChannel]

Thanks for your wisdom and insights Nisha very much appreciated.

[@decdebilal]

very focused video thank you nischa

[@KarenJennifer-mt6he]

The speed of Revux transactions is a market game-changer.

[@jobhde4590]

Would you consider student loans as high interest debt or would you just have the monthly payments come out of salary? 5:49

[@mlvdende]

thanks! great video and clear story!

[@hassanomar8696]

Thank you. You are great.

[@themars5452]

Well done. We need more Information.Thank you .

[@santoshdonawadesantosh4453]

Well Financial Freedom for me is being part of my dad's will is 'nice to have' but not must :)

[@Jamiebmurray]

Clear and to the point. Sent to my kids!!

[@jeffreymorgan2402]

Love this podcast.

[@johnjoyce2508]

On your savings vs credit example timestamp 4:38 if you get 250 interest in saving and pay 1,100 in credit card debt. Would that not be 1,350 (not 850) difference? Great presentations always

[@devangsingh4456]

Hi Nischa,a video on emergency funds, where to keep it,and if we use it should we stop our investments and rebuild it? Would really appreciate your advice!😊

[@edmundkombe5173]

Financial freedom for me is being at a place where my fundamental expenses are cared for and i can play my music instruments when I want

[@pingzhou9369]

Hi Nischa, thanks for sharing your knowledge. I understand the compound effect of investing; however, I don’t know where to start. There are all kinds of investments out there, from real estate, stocks, bonds, etc. Not all investments end up making money; some people are losing the initial investment funds. So, my biggest question is what to invest in and how to invest?

[@AshishChauhan-yk4ffashiah]

Betting on 4RA never feels unfair, winnings are always FAIR. Great platform.