Nischa Shah: They’re Lying To You About Buying a House! My 652510 Rule Built $200K Passive Income!

We put a lot of pressure on people today that as soon as they start working, they need to get onto that property ladder, but there's ways to build wealth that don't require you to be in the real estate game, including three numbers that everyone should know when it comes to their personal finance: 65-20-15. Just knowing that creates a better life for yourself.

Nishha Shah is the former high-profile investment banker, turned financial mentor.

Whose content has helped millions rethink their relationship with money... Break free from crippling debt... And take the first steps toward building lasting wealth.

Everything is trying to pull you away from your money. Cost of living going up, prices going up, fighting against marketing to keep your money in your pocket. You earned this. So it's becoming harder and harder, and I've gone through this. I followed society's version of money until I realized that if I continue living this way, the freedom, the choice, the options I want aren't gonna exist. Um, hold on, give me a second. And I felt really trapped at times, I didn't know how to escape. And I know a lot of people are probably hearing this and thinking, "I'm also in that place." And so I really feel like my purpose is to help as many people to go from feeling trapped to freeing themselves and using money to do that. Wasn't expecting that. Okay, so people are hungry for easy money tips, and these stay the same regardless of how much you earn. So we could talk about the peace of mind fund and doing that puts you ahead of 59% of Americans. Then there's building your emergency buffer, and this does more for your emotional wellbeing than earning over $200K. But, with the way the cost of living is going, you cannot save your way to retirement, so this is when you wanna move onto investing. That is the easiest way to make money and my principle with investing is very, very simple, and it's just ...

Listen, to my regular listeners, I know you don't like it when I ask you to subscribe at the start of these conversations. I don't like saying it, I don't like it being in there, none of us like it. It's frustrating. Do you know what's also frustrating? It's also frustrating when I go into the backend of a YouTube channel and I see that 56% of you that listen frequently to this podcast haven't yet subscribed, and so many of you don't even know that you haven't subscribed because I'll see in the comments section, you say to me, you go, "I didn't even realize I didn't subscribe." And that actually fuels the show. It's basically like you're making a donation to the show, so that's why I ask all the time because it enables us to build and build and build and build, and we're going for the long term here. So, all I'd ask you is if you've seen his show before and you like it, help me, help my team here, hit the subscribe button and we'll continue to build this show for you. That's my promise. Thank you to all of you guys that do subscribe, means the world to me. Let's get on with the show. Nishha Shah, with your YouTube channel, which has accumulated almost two million subscribers in a incredibly short period of time, what is the goal? What is the mission that you're on? What is it you're trying to do?