Views : 2,695,558
Genre: Education
Date of upload: Sep 24, 2023 ^^
Rating : 4.819 (4,608/97,149 LTDR)
RYD date created : 2024-05-14T14:21:53.2569Z
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Top Comments of this video!! :3
None of these books give you any advice on how to actually make money. They are all just mindset books. If your looking for advice on what actions to take, then none of these books will help you. My advice is just to get out there and do what you love and get good at it. If you make it then great. If you dont then keep trying. Learn to love the process. If you love the process and enjoy the job then thats half the battle. The worlds a tough place. Life is very short and we just gotta learn to enjoy the journey. Its over before you know it.
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greetings Nischa, simply brilliant video and thank you for the books you shared, but the book Astro Money Alchemy really deserves to be mentioned because in it things go really deeper into the world of money magic, attracting money and all those mysterious secrets, really all the recommendations, and once again to say that this video of yours is brilliant
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My finance teacher was brilliant. Two lessons I got from him were 1. The Money you have today is worth more now, than tomorrow. With today high inflation really shows that powerfully. 2. He said in the 70's you could have paid $1,500 for a brand-new car or you could have taken that same $1,500 and invested in the car company stock and made a lot more than buying the car. He said thirty years later, the car would have been worth nothing a liablity and owning and keeping that stock would have made you a millionaire. That was so powerful.
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Thanks for the video Nischa, it helped me a lot. I have left sorting my finances late in life, I'm 53! Ive no savings whatsoever which i'm embarrassed to admit. Ive worked basic low paid jobs my whole life, driving, packing shelves, etc. But only 1 year ago i studied up on plumbing and went on a few courses (i was the oldest by 20yrs!!). Its been difficult at times because ive been embarrassed, but the flip side is ive become a little more confident and more skilled. From basic changing a tap, i have recently fitted showers, fixed leaks, replaced toilets and baths. September i earned extra Ā£300 per month thru this side hustle and i hope to increase this. I aim to spare Ā£1000 per month to invest, so i'll be viewing a few more of your posts. Thanks again.
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00:05 Key things learned from books on money and investing
01:46 Two books to begin your personal finance journey: 1) Explains core concepts of personal finance and importance of viewing money as an employee, 2) Challenges the conventional nine-to-five job as the only path to financial security and introduces the concept of the cash flow quadrant.
03:34 Achieving financial freedom through smart work and passive income
05:14 Success requires a mindset and consistent action
06:54 Understanding the psychology of money is essential for building wealth
08:29 The key things for investment success
10:04 Investing books recommended for beginners.
11:52 Investing in oneself is more important than investing in the stock market
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I read āThe Richest Man In Babylonā by Classon at 24. By adhering to the
central lesson to āPay YourselfmFirstā, I was able to retire and live on my
investments at 46.
Rich Dad-Poor Dad, The Cashflow Quadrant, The Millionaire Next Door,
Die Broke (not what you think), The E-Myth, The Forgotten Man, and
The Road To Serfdom are books that also enriched my life.
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@nischa
7 months ago
šš½ My Free Intentional Spending Tracker - nischa.me/intentionalspendingtracker The free 'Master Money' guide I mention in the video: nischa.me/moneymadesimple
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