The spreadsheets, guides and quizzes in this video are all part of the Financial Wellbeing Toolkit.
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In this video, I break down everything you need to understand the language of money. The tools, spreadsheet, and guides shown are all part of the Financial Wellbeing Toolkit.
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0:00 What’s in this video
2:32 Understanding your financial NOW
9:05 Debt strategy
13:43 Setting goals that matter
19:43 12-month forecast (& monthly check-ins)
27:12 Where NOT to save your money
29:40 When to invest
31:59 How to reach your goals
36:17 Building your investment strategy
39:34 Car buying and affordability
46:44 Should you buy or rent a home
Thanks for the inspiration behind this video @TinaHuang1
🧡 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!
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I am pretty confident about my net worth, its zero.
Very useful and well presented.
This was well worth watching.
Your editing is amazing.
I can’t afford to spaff five grand up the wall on interest to buy a car I can’t afford.
I’m not sure that banks are lending your deposits out. I think your deposits are being invested in financial markets.
Damn, she's fine. Hard to focus on her financial advice.
The quality of this video is excellent.
Can’t wait for the next upload!
xaxA
My eyes are blessed.
A clear and effective explanation.
Its funny how All these people that tell you 'You dont need a degree', ALL have Degrees
Thanks for keeping it simple.
My eyes are blessed.
Dear Nischa, i have always been kind of ignorant financially. Even though i have woked now i am not working. I have two daughters its been like 12 years since i worked in an ofc. I came across this thank u. I like th info. Specially that u said to keep saving for one month.
your communication skills are top level mam!
If I had $560k I would invest $100k in tech & $460k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year.
Ohhhh this bombshell has all the best literary in finance.
Frugality lets you maintain a balance where only your priorities come first , leading you to a secure financial future. I am avoiding flashy things ,saving and investing around 40 percent of my income. I have a high paying VA job, and I live upstate..my expenses are extremely low. I have zero debt on a 7 figure portfolio, house and car paid off with rental properties.. i feel lucky and grateful my fiduciary came into play.
This video is really useful.
Very neat and well explained.
Very well thought out.
For most ordinary people we need a degree to start somewhere relatively worthwhile exchanging our time for money. It requires a very different type of person to start with absolutely no qualification to make a ton load of money. These people are outliers rather than the norm. So for us mere mortals getting some sort of qualification still applies 🙂
Such a unique video concept.
amanzing
So glad you uploaded this.
Nicely put together video.
Good one🎉
Really good content, keep it up.
beautiful
Really appreciate this upload.
Really appreciate the way you explained this.
I got exactly what I needed here.
Your tips are always on point.
The details are amazing.
Who’s rewatching this already?
HI NISCHS THANK YOU FOR ALL THE HELP
This made me smile.
Do you cover life insurance topics? Or living trust?
If I bought a house in 2010 my mortgage would be less than a $1000k (roughly). If I buy one now that same house will run me $2-3k/mo because of inflation, etc. So renting doesn’t always win. Because now my rent is anywhere from 2-3k/mo for a 1bd when it could have been way cheaper to get a house. Though with renting mobility has been great but not sure if financially its a sound decision.
First of all, thanks for your effort and clear explanation on giving this lectures on financial literacy. Question of my side, In the part you explain how time is your friend in growing your asset value with regard to the S&P 500 example , yes that’s a given fact in terms of fiat money. Did I miss the inflation on that equation, whereas your true growth in terms of purchasing power needs to be corrected for this debasement of the fiat value in order to get a realistic view on the growth/loss one makes. Keep up the good work!
immediate subscription. phenomenal video, Nischa!
thease are some great facts
2016 OBAMAs AMERICA!!!! YOU MUST SEE IT!!! OBAMA IS BEHIND ALL THE ISLAMIST TERROR AND THE DEGRADING OF OUR ECONOMY!!!! FACTS PRESENT!!!!
the spreadsheet in the link is not the same as the spreadsheet in the video?