You don’t need a big salary to get ahead with money. Someone who earns $100,000 and spends all of it is worse off than someone who earns $50,000 and saves 10%.
In this episode, Nischa Shah and Jay Shetty talk about why she walked away from a great banking job. She shares the one question that made her leave. Then she lays out a simple plan to fix your money in six months.
She explains the three buckets every paycheck should go into. She says why you can only cut your costs so far. And she shares what most people miss that changes their money faster than saving.
Learn about the first $2,000 that makes people feel so much better about money. And learn why the smart choice with debt isn’t always the right one.
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Chapters
0:00 Walking away from a great salary
1:08 The question that changed everything
2:10 Why bravery is really a money cushion
4:32 How big your cushion should be
5:04 Why we hide from our bank account
8:53 The napkin plan for people who hate numbers
10:20 The three buckets and the 65/25/10 split
12:58 The woman in the hotel lobby
17:26 Do you need a six-figure salary?
21:25 What the top 1% knows about money
23:31 Why passive income isn’t really passive
24:48 The $2,000 that lifts your wellbeing
25:12 The 8% debt rule
26:27 Why peace of mind beats the math
28:02 Three things to stop wasting money on
32:20 Why saving only gets you so far
35:45 What three hours to save $10 really costs
37:47 The Final Five
Watch the FULL episode on Netflix & Spotify 🎙️
Netflix – https://dub.sh/QaUsKeD
Spotify – https://dub.sh/axUXylv
Full Episode With Nischa:
Episode Resources:
YouTube | https://www.youtube.com/@nischa
Facebook | https://www.facebook.com/profile.php?id=61567018784328
Instagram | https://www.instagram.com/nischa.me/
TikTok | https://www.tiktok.com/discover/nischa-shah
