Personal Finance Expert Nischa Shah breaks down the 65-20-15 hack to making money, why saving for a house might RUIN your path to financial freedom, and how to build REAL wealth through passive income, smart money habits, and beginner-friendly investing strategies.
Nischa Shah is a qualified accountant and ex-investment banker who walked away from a 6-figure career to teach millions how to take control of their money. She’s the creator of the fast-growing YouTube channel @nischa with over 1 million subscribers, where she breaks down debt, saving, and investing.
She explains:
◻️The 65-20-15 money framework that generates passive income without a job.
◻️How to invest in index funds and retire early with compound interest.
◻️Why your job might be making you poorer every day.
◻️The dangerous lie about “saving = security” and what to do instead.
◻️Why the credit card trap is costing you thousands without you realising.
⏱ Timestamps:
00:00 Intro
02:33 My Mission to Spread Actionable Money Tips
04:33 Trauma and the Link to Money Attachment Styles
08:39 The 4 Steps to Take Control of Your Finances
12:03 Paying Your Debts
14:00 The Emergency Financial Buffer We All Need
15:12 What to Do With Saved Money
17:14 Do These 3 Things Before Investing
20:05 Why You Should Save for Retirement
23:01 Spending Money for External Validation
27:41 What to Invest In
31:14 How to Get a Salary Raise
44:49 What Is Opportunity Cost?
48:59 Should You Split Your Investments?
53:47 What Does Nisha’s Portfolio Look Like?
56:45 Ads
57:36 The Best Book to Learn About Finance
01:01:19 Should I Buy or Lease a Car?
01:04:40 Should We Sacrifice Some of Our Enjoyments?
01:07:35 What’s the Best Way to Track Your Numbers?
01:11:16 The Role of Money in Relationships
01:16:23 What Is Passive Income and How to Get It
01:22:02 Ads
01:23:53 Making Millions With YouTube
01:29:45 Doing Your Finances With AI
01:36:33 The Importance of Your Credit Score
01:45:25 What Would You Not Spend Money On?
01:48:57 My Dad’s Words Changed Me
01:58:02 I Felt So Much Pain During My Career
02:01:26 Your Hardest Day
Follow Nischa:
YouTube –
Instagram –
💡You can find out more about Nischa’s ‘Intentional Spending Tracker’, here:
The Diary Of A CEO:
⬜️Join DOAC circle here –
⬜️Buy The Diary Of A CEO book here –
⬜️The 1% Diary is back – limited time only:
⬜️The Diary Of A CEO Conversation Cards (Second Edition):
⬜️Get email updates –
⬜️Follow Steven –
Sponsors:
Stan Store –
Fiverr – with code DIARY for 10% off your first order
Intuit –
source