Money Truths School Didn't Teach You

1. Money is tied to value. 2. Develop your own point of view. 3. Budgeting is freedom. 4. Spend on assets before liabilities. 5. Your career is your number one money-making tool. 6. Learn how to save money on taxes. 7. Understand why investing is important.

I am 68 and the one money thing my mum taught me in my teens was budgeting. I have had a personal budget ever since, and this allows me to know exactly where I am financially. I rarely borrow money, rather I save for what I want; I have also been investing for many, many years. I am passing this on to my children. Your advice on budgeting is probably the most important in your list.

There is no right or wrong, but now and then I just like to note when I hear mentions of 9-to-5 that I love my 9-to-5. I thoroughly enjoy my work, the company gives me great work/life balance, my bosses completely trust me and value my input, and after about 5 years of hard work they promoted me to a well paying job that I didn't even have formal credentials for. I know not everyone loves a 9-to-5 but particularly influencers often express it to an extent and I just like to counterbalance it. It also can be great and have great upsides.

What school failed to teach me is dont scroll in social media, reduce screen time use your time for your personal growth and you will become successful.

Really needed to hear that budgeting part. Thank you for that, Nischa!

I watched some of your first videos and thought that you did a great job with clean and simple production, succinct and solid content, well presented, and what seems like a short while later you're at 1m subs!! Congratulations

Your point about budgeting giving your more financial freedom is so true. Since I started budgeting I feel less guilty about paying for the things I enjoy because I know for a fact that I can afford it since it was planned in advance.

I will be 70 this year and have learned so much from you. Thank you x Never too old to learn :)

Appreciate the time stamps!

The your not meant to love your job comment was originally made to make a point to people that not everything is fun and games and sometimes you need to suck it up and do the work in front of you. That is very different from staying in a job that makes you feel miserable, emotionally damaged and drained. Loving your job makes a huge difference in the attitude you bring to work. A smile makes the difference between a good day or a bad day.

Excellent video Nischa!

Hey Nischa...Thanks for all your valuable videos...have watched almost 8 of it

Good morning Nischa. Thank you for more great content. You are beauty, knowlege and my blessing from across the pond. Larry, Central Valley, Ca USA

Education is crucial. Hard work alone does not = higher pay or success.

Spot on about the relationship between value creation and earning potential! Remember, it's also crucial to regularly audit personal and business finances to ensure alignment with your financial goals and values. 💡

Your explanations are so clear and o the point.Budgeting is the key and when yr taught when yr Young it’s ingrained into you but look what you can get in the end.

this video is gold thank you

I've only realised No. 1 in the last year and felt the same way you did. Realising how important giving value is has reshaped where I want to go with my career.

Financial education isn't something schools miss by accident. If everyone knew how to make their money work for them tax efficiently we'd all be retiring early. There would be a smaller workforce, less revenue from tax, less money for public services etc.

thank you Nischa. good content