First Things THRST E031 - The Finance Expert: Your Ultimate Guide For Saving Money In 2024 | Nischa
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Feb 4, 2024 
Former investment banker and chartered accountant Nischa shares actionable insights on financial literacy and self-development. Topics covered include increasing income, diversifying income, investing and trading, saving and budgeting, real estate, and common financial mistakes. Nischa also discusses the importance of tracking finances, financial transparency in relationships, and earning money without a degree.
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Nischa's Leap from Banking to YouTube
- Nischa quit her banking job after nine years despite an 80% pay cut.
- A viral YouTube video gave her the confidence to pursue her passion full-time.
Choosing the Right Accountant
- Choose an accountant specialized in your area, like creators or real estate.
- Look for word-of-mouth recommendations and ensure they have in-house tax advisors when possible.
Money Allocation Framework
- Allocate 50-60% of take-home pay to fixed needs like rent and utilities.
- Set aside 20-30% for spending and 10-20% for savings and investments.