I read 40 books on money. Here's what will make you rich
👉🏽 My Free Intentional Spending Tracker - nischa.me/intentionalspending...
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In this video I summarise some of my favourite books on money & investing, what they're about and the key things I've learned. Enjoy Xx
Rich Dad Poor Dad: amzn.to/452RIfh
Cash Flow Quadrant:amzn.to/46kq2DJ
4 Hour Work Week: amzn.to/46nHSWl
The Millionaire Fast Lane: amzn.to/3LwEYGQ
Psychology Of Money: amzn.to/3ZulLve
Think & Grow Rich: amzn.to/3EVgAuE
Little Book of Common Sense Investing: amzn.to/3EP8GmD
Girls That Invest: amzn.to/3LychJH
One up on Wall Street: amzn.to/3LycjRP
The Dhandho Investor: amzn.to/46odEmg
DISCLAIMERS & DISCLOSURES ❤
This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support!
👉🏽 My Free Intentional Spending Tracker - nischa.me/intentionalspendingtracker The free 'Master Money' guide I mention in the video: nischa.me/moneymadesimple
you didn't read "the money masters" by john train
Thank u Sis
Read the Quran for once. It changed my perception about life
Actually opening a Company & Getting VC Funding and after getting to a certain Revenue then Exiting it makes you Rich 🙂.
Mommy you're stunning
None of these books give you any advice on how to actually make money. They are all just mindset books. If your looking for advice on what actions to take, then none of these books will help you. My advice is just to get out there and do what you love and get good at it. If you make it then great. If you dont then keep trying. Learn to love the process. If you love the process and enjoy the job then thats half the battle. The worlds a tough place. Life is very short and we just gotta learn to enjoy the journey. Its over before you know it.
Simple as that
That’s real
Exactly, this is the real truth.
Well said!!
Without taking action, these are all just a good talks
Good video, but there's nothing specific here. I recommend everyone to find the forbidden book Whispers Of Manifestation you'll be shocked its a must-read book full of secret techniques
i heard of that book but where to find it?
what is the book talking about
What about Relationships and Good Communications? What is Money anyway but bits and #'s. Tells economy the economy?
Ugh I bet is some new age religion stuff since it talks about manifesting. Get real don't tell people to join new age cult
@@DezitaAlvarado it's not. Just read the book and then talk
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets
Invest early, invest often, stay invested.
how do i do this? where do i start? i'm so confused
Okay so i advise you start with stocks, buy a good cross section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. Canada is about 3% of the global marketplace, U.S. is about 50%, remainder on the globe is 47%. Pay yourself first. It's time in the market, not timing the market. i stay untop of the market with my FA Emily Lois Parker. Bulls and bears make money, but pigs get slaughtered. - some wise words
Thank you, this was definitely worth the read, as an Investors may avoid making decisions out of fear of regret. This can lead to inertia, where individuals hold onto cash rather than invest, fearing they will make a wrong decision.
Geez, strong performance in 2023. Congrats! Kick down those Wall Street doors
Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
My finance teacher was brilliant. Two lessons I got from him were 1. The Money you have today is worth more now, than tomorrow. With today high inflation really shows that powerfully. 2. He said in the 70's you could have paid $1,500 for a brand-new car or you could have taken that same $1,500 and invested in the car company stock and made a lot more than buying the car. He said thirty years later, the car would have been worth nothing a liablity and owning and keeping that stock would have made you a millionaire. That was so powerful.
yeah...what if I really need that actual fucking car to go to work... I mean I already invest and stuff, but some examples and mind boggling...
Exactly, so how the F do you get around? Public transport. Not the same as having a car to use anytime you need
I have a car but not an expensive one, so more money to invest and I’m in a better financial place.
U.S. stocks got pulverized back then when they indexes weren't rigged and manipulated to the bull's tits like today.
Yes, I hear you but the stock will probably take years to increase in substantial value and there is the possibility of any stock going to ZERO. Bankruptcies happen. Zero=Do not pass Go. Do not collect. Now a car has immediate utility. It gets you from point A to point B and isn't that a good thing?
Here’s what will make you money. First write a bestselling book on how to make money. 2nd when someone ask you how you made all that money, tell them to buy your book.
Any book that truly gives you rational, pragmatic advice on making money will be censored and every major publisher will refuse to publish it
Exactly. Literally everyone of these videos is the same.
@s1nistr433 not really...many books exist like that which teach you many things.. a few mentioned here ,,like rich dad poor dad ..obviously without action nothing works
publishing a book of somebody else is also a way of getting money... :| loopy video, non sense, minus like.
greetings Nischa, simply brilliant video and thank you for the books you shared, but the book Astro Money Alchemy really deserves to be mentioned because in it things go really deeper into the world of money magic, attracting money and all those mysterious secrets, really all the recommendations, and once again to say that this video of yours is brilliant
Borlest contains all the secrets of forbidden money books; they changed my life
which book
@@user-ql2co5uw6b First write a bestselling book on how to make money. 2nd when someone ask you how you made all that money, tell them to buy your book.
Thanks for the video Nischa, it helped me a lot. I have left sorting my finances late in life, I'm 53! Ive no savings whatsoever which i'm embarrassed to admit. Ive worked basic low paid jobs my whole life, driving, packing shelves, etc. But only 1 year ago i studied up on plumbing and went on a few courses (i was the oldest by 20yrs!!). Its been difficult at times because ive been embarrassed, but the flip side is ive become a little more confident and more skilled. From basic changing a tap, i have recently fitted showers, fixed leaks, replaced toilets and baths. September i earned extra £300 per month thru this side hustle and i hope to increase this. I aim to spare £1000 per month to invest, so i'll be viewing a few more of your posts. Thanks again.
Never be embarrassed for improving yourself! You should be proud and hold your head high. I say this and I am 46 and probably need to take my own advice lol But I really mean it. Please pat yourself on the back for being someone that doesn't let a number (age or anything else) hold them back. Keep up the good work - keep going strong - you got this!!!!
This is so inspiring Sir!
Do not be embarrassed Sir. Be confident and joyful with your progress and watch things turn around for your good🤗🤗
thank you 1 :) @@AZheatherrr
Thank you :) @@plantphilosophy6367
If you ever listen to anything while reading comments, let it be this go to borlest and read the forbidden money books, then come back and thank me
bullshit ad
Guys don't buy this type of comments. I already saw this advertisement on another 4 different book suggestion videos
Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
love owning a physical book, you can read on your computer, but there's something special about a physical novel.
Definitely
Yep ! Plus I love physical books because I can underline as well
@@MalitubeeI am big underliner 😆
Agree. I tried reading from my phone but I can't
Nothing like a satisfaction of turning a real page
Is Blcktken300 a diamond in the rough? Let's analyze!
Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers
What will make you rich is courage, a goal, focus and the the right people around you.
Thing I found is; you have to do things. Do with what you have got. The more information you have, the better choises you make. But no matter how much information you have, without choises, or action, nothing happends.
happends or happens?
you need to learn how to type without making typos! lol
Spiritual life beats everything
Blcktken300 anticipation is building to a fever pitch! 😥
I read 40 books on how to play guitar. I now play guitar for The Smashing Pumpkins! Thanks man!!!
00:05 Key things learned from books on money and investing 01:46 Two books to begin your personal finance journey: 1) Explains core concepts of personal finance and importance of viewing money as an employee, 2) Challenges the conventional nine-to-five job as the only path to financial security and introduces the concept of the cash flow quadrant. 03:34 Achieving financial freedom through smart work and passive income 05:14 Success requires a mindset and consistent action 06:54 Understanding the psychology of money is essential for building wealth 08:29 The key things for investment success 10:04 Investing books recommended for beginners. 11:52 Investing in oneself is more important than investing in the stock market
🤔🤔🥱🥱My immigrant mom NEVER read any books and became a multimillionaire in the early 1990's in real estate and other business. JUST DO IT! your only make the authors wealthy!
@@seymorefact4333Exactly friend. Get some knowledge, then.......massive focused daily action. Keep it simple and keep it focused. ty 4 vid Nischa
@@seymorefact4333Some people are natural.
@@seymorefact4333 that's a little contradictory since you've clicked on the video, spent time on it, and suggested not to spend time learning but doing things whereas you've done the opposite of what you say.
@@canmetan670 oh well. Thanks for replying 😄🤪🤣
There’s a sense of comfort and motivation from opening the pages of a fresh book. The crisp crinkle of the paper. The brushing sound of the smooth cover. The knowledge yet to be retained. Which is why I love to go to Bookstores and Libraries. I do my best work surrounded by books.
Engaging in an individual option is fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.
Do not lay your eggs in one basket.” I engage on various options with the aid of my pro, *JENNY PAMOGAS CANAYA* and so far have acquired so-much
I just searched *JENNY PAMOGAS CANAYA* out of curiosity, her profound dexterity looks too ideal for everyone on board!
Pro Tip for everyone lucky enough to read this. A0RPWH MSCI WORLD ETF, or SP500 ETF.
I love the pace of your videos!! I feel like every word you say is meaningful with minimal filler words ❤
Great video. I have read many of those books but I must say, you "can't" skip the mindset books like Think and Grow Rich because the mindset and understanding IS where it all starts to get where you want to end up. I know from experience. Those books changed my outlook and understanding.
Did they make you rich?
Just realize that Think and Grow Rich is a fictional story. Nap Hill never met Carnegie. He made up everything.
@@thealternativecontrarian9936 It wouldn't matter either way, the concepts in the book are valid and extremely important if you want to grow a business.
@@samanthabriden6310 if fiction inspires you, then good luck.
Selling books about money will make you rich. 😂
The more passive income you can build, the freer you will become. Taking the first step is the hardest, but 4 houses later living off passive income. You’ve got to start taking steps to achieve your goal.
I was trying to research how money really works and what is the best way to tip my toe into investing as a complete beginner. I currently make £84k/yr No investment and I work from home. I need to do something quick. What can I do?
I absolutely love how you synthesize all the information around money.
May I suggest one more must read book? “The Millionaire Next Door” is a book on creating the right attitude toward spending versus investing.
This book is much better than Rich Dad Poor Dad.
@@rdoody2067 I agree this book The Millionaire Next Door is brilliant. Read it decades ago and still remember it and has guided me ever since.
The Millionaire Next Door is amazing
@@rdoody2067that’s an interesting comment… I haven’t read Rich Dad Poor Dad yet but I agree Millionaire is great. Your comment is huge when everyone always talk about Rich Dad.
Assets: are realised, Liabilities: are discharged, Income: is earned and Expenses: are incurred. Always spend money to purchase Assets that appreciates as opposed to depreciate. Thanks Nisha for the brilliant insight.
That last lesson/deduction that you wrote is easy to take away without a video telling it, I would say
Help! I took this advice and I'm starving...
there is only one asset that appreaciates, and that has become extremely difficult to aqcuire, real estate..... with interest rates 6% in central europe for the mortgages, case is lost.... no one will ever manage to put renters inside and unpay his debt, because the calculations dont make a gain anymore.....
@@ariskaraiskos8079 Invest in Inflation, that's one thing which is bound to go up 😄
@@ariskaraiskos8079what goes up ... Must ... ?
I just have to applaud your content man, well done. I remember having a consultation with a financial analyst last August, and it was incredibly insightful. Can’t stress enough how helpful experts in this field are!
Absolutely agree! A pro can make a world of difference. What specific insights did you gain?
I used to be frightened to take risks which were a little “safe”, but you know with the market, it's low risk, low returns. But with Herman’s dynamic approach using risk management, I've recorded tremendous growth in ROI.
I’ve come across a handful of people talking about him online. I’m new to all this. Is he taking new investors?
Hermanw jonas (a Gma!L Is he taking commissions for his services? Yes, I’m I still making money in the process? Hell yes!
I started working with Jonas back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
M.J. DeMarco is by far one of my favorite authors in this category of books. He tells it like it is and at several points his one-liners cause me to literally laugh out loud. I'm glad to see him get recognition on this list because I don't see him mentioned often on other "must reads."
This is by far the most shortest under 14 minutes video I have watched. Very insightful content and good advice. Thank you. I’m gonna watch again
Thank you so much Nischa for all the FANTASTIC content that I know you work so hard hard to deliver!
I did read the "Think and Grow Rich" once, and then I read it again, but this time, I actually followed the instructions. It was weird because I was going "mad", and becoming obsessed with creating my own business (a bar owner) and investing in real estate. Opportunities came up that never would had cross my path until I actually did these exercises. I went to PSI Seminars which was founded by the "Think and Grow Rich" philosophy that further amplified my motives. I had more energy than I ever had before- and it was exhausting. I used these concepts with my existing $26K/ year job (this was in the 1980s). But then I "settled". With the same job, I ended making over $120K a year with bonuses upwards of $30K and with real estate investments of over $400K (again this is the late 1980s to early 1990s). Would I read this book again, yes, and indeed I do. But will I follow the crazy instructions? Maybe. Because in doing so, it really does change something fundamental in your subconscious mind that programs you in your daily life. I really don't know if I want to go "mad" again,
I read the same book, at the advice of some rich guys,. I did what the book said, and got the exact amount of money I "requested" from the universe. So it worked for me.
Congrats! But there are better metaphysical manifestation books than think and grow rich, even the secret seems outdated. If you want to achieve more focus on a 5D mindset 😘
@@user-hw8hj7fu9j which books would you recommend please? Namaste 🙏
Thank you for sharing. I have read many books as well but the life changing is to do homework on changing our mindset, especially finding out our attitude toward money in the subconscious mind. Then follow steps of any book that you think it feel right to your style and belief.
Love your videos! I'm am so dumb when it comes to my money, so I can't express enough how much I appreciate your knowledge and how you make it so much more approachable! So thank you!!
You appreciate her knowledge... what have you done with it?
@@mredwan47 Great question. Knowledge applied is the power to change.
My problem is I need someone to sit with me and tell me what to do each step of the way in detail.
Hi, Where is it a problem ? It’s called investing in a mentor. That’s how athletes become athletes. That’s also how we can become excellent in 1 year instead of 10 years. You pay for the experience and to know how you can avoid to make 1000 mistakes… you mentor probably made for you. Choose an expert in what you love, that can help someone in some way & that you can monetize… and invest in expertise of someone you like the vibe and who got results. Wish you the best to come
I read ‘The Richest Man In Babylon’ by Classon at 24. By adhering to the central lesson to “Pay YourselfmFirst”, I was able to retire and live on my investments at 46. Rich Dad-Poor Dad, The Cashflow Quadrant, The Millionaire Next Door, Die Broke (not what you think), The E-Myth, The Forgotten Man, and The Road To Serfdom are books that also enriched my life.
Im reading that now with my 14 yr old son as his intro to managing money.
intresting name... babylon, mamon, bible, think about it and what YESHUA (JESUS) had to teach you about it...
@@theIastgeneration look into gnosticism and the apocrypha. Religion is made up to keep us in cages.
I honestly believe that reading the Richest Man in Babylon and applying the basic principles taught in the book will completely change your mindset about wealth and get you there the fastest. (Fastest means following a method not chasing after multiple craze, etc...) great book no matter how old it is!!
i am literally a beginner at financial awareness, so this really opened my eyes towards money, especially when I would constantly spend money carelessly. Thanks!
Just follow Dave Ramseys 7 baby steps..it's available on youtube
Phenomenal advice as always! I happened to bump into a retired guidance counsellor, and she stated that she retired much earlier due to the frustrations of trying to implement finance and entrepreneurship as elective courses. Not "compulsory", but "elective". She was about to be reprimanded for it from the school board, that she abruptly said "f' it" and retired. She stated that the "government" curriculum for school boards is to create mass employees to pay for their outrageous pensions.
The same in Spain. It is the sad reality in most of the world. They do not like mass people to know too much about economy, money and finance; It would be harder for the government and banks to cheat and rob people.
You'd think financial literacy would be top priority. Most people learn how to write a check from their parents... if they are lucky enough.
Blcktken300 gang in the house! Thanks for the analysis!
Love the Order in which the books and its contents are explained. Just came across this and subscribed. Gonna marathon on the other videos of the channel tonight. Keep up the good work 👍
I think the Richest Man In Babylon is missing from this list. It’s one of my all time favorite finance books and I bet you’ll like it! It teaches solid principles/strategies on how to invest
Save 10% or more and put those money to make babies and the babies to make other babies. But i think in the economy of 2023 with the inflation we face stock market is not the place to go. Probably real estate has more chances to grow as it brings pasive income from rental in a bigger way.
I was searching for a comment pointing to the richest man in Babylon. Loved that book, and feel it is really important book for personal finance.
shh don't tell the sheep
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place...
Even with the current dip in the market I'm still glad I can smile back at my portfolio of $12,500 built from my weekly trade.
I invested with Jeff, i make about a 30,000USD every month.
Expert Jeff Clark never seems to surprise me 😄 i also trade with him, his strategies are top notch and i don't joke with him.
Same i here, i will praise mr Jeff over and over again because he has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with him ever since he has been delivering.
I'm glad to see Mr. Jeff Clark mentioned here, my spouse recommended him to Me after investing $4000 and he has really helped us financially in times of COVID -19 lockdown here in Australia 🇦🇺.
I drive a lot and I use my commute time to listen to KZhead videos and books on tapes by the dozens. I’ve first discovered you listening to dating ideas but I am a student of finance matters. I’ve read several of the books mentioned but will expand my library. Thank you 😊
what i highlight the most from this video is that it reminded me that building wealth is a super slow game
Great Vlog - additions to my reading / ACTION list! I am on Ferriss' mailing list, interesting blogs, will finally read his book. I am a Napoleon Hill enthusiast, agree his focus is all enthusiasm, passion, mindset, call-to-action. Excited to read Millionaire FastLane and Intelligent Investor. Thanks A Million Nischa!
I absolutely love your videos. I feel like our mindsets are the exact same. It keeps me motivated.
I watched her for the first 3 minutes and I instantly subscribed. She explains things very well and gives quality information.
I watched her for the first minutes and felled in love.
She is receivig money and living rich from your subscriptions. :D
@@adiada5013 But she is giving us good money advice. People deserve to get paid for their expertise and their good advice. It's called a service.
@@adiada5013 -Yeah….? Didn’t know making money on social media was a crime.
Mindset books are so important! I love this. This can support you in your mindset out side of money too, which can be helpful. Be strong!
Blcktken300 trajectory is fascinating. Share your insights!
Nischa is a really good clear no nonsense teacher about money. Her intelligence shines through. Also she doesn't have just one idea. A lot of the books she mentions and other people in this space, have just one idea but she pulls it all together, In my 30s I lived from paycheck to paycheck and had debt, my parents were dreadful with money. I decided to learn this stuff and it really worked out for me but it took 30 years. My one tip, really wake up to how much we are all being bombarded and manipulated by businesses that want our money.
I admire your persistence in reading all these books. And you are beautiful to boot! I read 200 books over the last couple decades and they all rubbed off on me. I did both of the theories. I bought index funds and a couple other managed mutual funds and now am also buying individual stocks, having 12x'd my money on Tesla the last 4 years. Can't wait to see the next 10 years results. Invisalign is on my buylist also, I but haven't bought any yet as it has been too expensive up to now.
What about inflation? U think stock market is worth it anymore with this inflation?
@@serrenacochete allocate a portion of your investments into precious metals if you're not sure about the market. Could be a mama bear soon from what I see.
I love your direct, quality laden delivery of your videos.
Great vid! Reading and re-reading these books, covers investing in yourself. Develop positive subconscious of making positive moves, then making the moves will lead to the success you want. Not always necessarily "riches" but "enough".
Not making upto a million before retirement is an unfulfilled retirement. I’m 54 and my wife is 50 . We are both retired with over $3million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on the FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early. Even till now, we earn weekly.
Great to hear I'm 26 Father of Two under 4 my fiance is studying to be a nurse we have both unfortunately came from family's with nothing or wealth so we hope to invest and save and get out of this rat race currently ATM I'm on a very low wage but we will find a way with the help of God , 🙏
@@ThePlaneSpotterGlasgow I suggest reading Malachi 3:10. The greatest financial lesson I learned, is to give your money away to a good cause. Even the most evil billionaires know this. It triggers the law of "giving and receiving". It's been 5 years and hasn't failed yet
@@HoniTheCircleMaker13 I will give this a read and will look at what I can give thanks
I've read several of these books Nischa and I think your summaries are bang on to be honest. I'll definitely now be having a look at some of the ones I haven't read!
This is the second video of yours that I’ve watched. Just subscribed. Thank you. Your content is much needed
This was brilliant! Thank you so much for sharing your knowledge. I’m very glad I found you and looking forward to diving into more of your videos.
Adding thousands Blcktken300 more in March. Hope it’s not over $1 by then 🙂
Ive subscribed and saved all your material over the months which i watch on a weekly basis to improve my knowledge, im basically new to all this and trying to learn fast in the preparation for investing when I'm confident enough x
Thanks Nischa amazing video I have read actually studied many of the books you mentioned and totally agree with action they can be life changing towards one goals 😊
Having read a good portion of those books, I can confidently say that these are good summaries of the books and good recommendations for reading. Well done.
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
Amazing observations! Keeping up to date and maintaining might be daunting for novices like myself. Do you keep informed in a strategic way or are you an experienced investor?
Your first 2 books are my to favorites off all time. They changed my life completely.. 31 now and almost financially free thanks to does 2 books!! Soo just nice to hear that we have the same taste for reading
Bro What do you do for a living
I read the same two books many years ago...then retired at 54 y.o. and a millionaire.@@yeshonly4u
@@yeshonly4u lives off mum and dad
@@Kadaf1why you say that
Nischa, all your awaited, sunday launches carries resourceful knowledge. Thanks & keep it up ..
Beautiful in every way and the "Psychology of Money" is the only book that speaks to me that you mentioned, so I read only that one. I know that a person has to see the wealth in themselves first (I call it self-wealth) if they want to be more than a person with money but one that cares about humanity. I like the book "Have." I have to repeat that "I have ten dollars" if that is what I have instead of "dang, all I have is ten dollars, what can I do with that?! Thanks for the information.
Who is the writer of the book "Have" ?
Just came across your channel and love it!! You are precise and informative, thank you, subscribed 💙
Excellent work! I would encourage everyone to actually READ books instead of listening to audiobooks, since you will read at your own pace and process information as your brain calibrates to the increasingly difficult amount of technical knowledge, whereas while listening to someone else reading that same book, you have to adjust fairly quickly to the speaker's pace, which may not be as efficient as reading on your own! Cheers!
It could be a matter of time. I Listened to the audiobook of a few of the books mentioned while getting ready for work a few years back & its changed my life. As long as you hear the information, you get the information. If you understand and can grasp. Now, buying each book, sitting down to read them...mm. not a on the go thing. Off topic but, I also read 50 shades all the series on audiobook. Watched the movie and felt cheated or close to what I expected. The illustrations stays with you! Best of luck on how each person learns.
While there’s nothing quite as relaxing as a comfy reading chair and a good book to read, the reality is you need the TIME. Many of us (myself included) don’t have it. So we have to make best use of our busy day to day time (for example when driving in our car, doing laundry, going for a run, showering, etc.) and make best use of it by listening to audio books.
I totally agree
Most people will get more out of reading ... for sure. But, audio book take 1/10 of the time it takes to read.
I do both. I adjust playback speed for pacing on audio.
0:00: 📚 The video discusses key lessons learned from various books on money and investing. 2:49: 📚 The video discusses two books that provide insights on achieving financial freedom and working smarter. 5:35: 📚 Opinions on the book 'Success Through a Positive Mental Attitude' are divided, with some finding it disappointing and others finding it transformative. 8:19: 💰 Learn the proven strategies for success in investing and managing money effectively. 11:01: 📚 The best investments are often right under our nose and align with what we already know, giving us an advantage over Wall Street Pros. Recap by Tammy AI
why is everyone suddenly showing timestamps for every existing video on youtube?
@@itzagonlolshort attention spans
@@itzagonlolconsidering the rise of 'shorts' 'tiktoks' and various other bits and bobs, if anything I'm surprised that it didn't happen sooner
This video was really good - very informative, straight to the point and well-prepared. Well done!
I can tell you for a fact that being broke is more expensive because it takes away your peace of mind. I worked as hard as I could and saved some money on the side. Being an avid reader, I came across a report by Northwestern Mutual on the same topic and found that if I choose to put a lump sum into solid investments, I am more likely to have a higher balance over time. Being a novice at the time, I saw that as a queue to get into the market. That was quite the turning point in my finance.
So you got yourself some real estate? That does sound like a sure way of achieving financial success.. Although prices of housing in my country (Australia) are just ridiculous, and seem impossible.
@@staircas3737 then try stocks
I'd like to mention, Think & Grow rich never claimed to be a manual or a step by step guide for getting rich. I feel in the very preface, the author makes it clear that the mindset principles he suggests would help you discover your way of getting rich, one which is best for you. And I feel that is the most important thing, as there are tons of ways one could get rich, it all starts with your mindset.
Wow, this video is like a gold mine of financial wisdom! 📚💰 Reading 40 books on money is no small feat, and your dedication to learning and sharing this knowledge is truly commendable. It's not just about getting rich; it's about understanding the principles of wealth creation, financial literacy, and making smart decisions for our future. Thanks for distilling all that wisdom into this video. Time to grab a notepad and start taking notes! 💡🤑📝
smart ass
@@feartales140 quite being a troll dude
There's another KZheadr who read hundreds of books on money. However her hairstyle made her look like a fast food server so I just ignored her video. She probably just tallied every book she read which contained the word "money" or any of its synonyms anywhere in the text.
thank you for your content and the fact that you exist and you are doing what you are doing. I have been looking for a channel like that for a long time :) also someone with that accent as you have. it's a cherry on the cake
Your channel is one I just HAD to join. I love your thinking and presentation. Very very smart. I have been investing for years, around 40 years, and definitely it needs disaplin, it's a lonely road but so rewarding!
Outstanding! Thank you! You are so knowledgeable, Incredibly well-spoken, clear and to the point. This was the first video of yours I have watched, and I look forward to investing in myself by watching many more. I also look forward to reading your Money Guide. Thank you!
Have some respect for yourself. It hurts.
Thank you for the great content Nischa. I've read some of the books you mentioned and I've added the other ones to the list.
Thank you for the advice! I’ve read some of the books you listed and they are great! 😊 can’t wait to read more!
Love your videos - they've been helpful. Also need to hone on this point you made about follow the patterns instead of exceptional stories. This makes a lot of sense, one of which I've come to the same conclusion. I've been learning about these exceptional stories and the pattern I noticed was luck for them.its a great story but for everyday people it's unlucky achievable.
“I Will Teach You to be Rich” is another great book. The audiobook was an easy listen.
But it's not universal, I started reading it but it was too much US oriented...
@@natalia31902 very true! Thank you for bringing that up, that’s an important point to add
I just saw this book yesterday. I put it on my list, it looked interesting
3:14 The 4-Hour Workweek is the best combination of mindset, advice and tools of any book I've read.
What i liked about your teaching is to discover about myself that i have gained all this knowledge only by living and by common sense. No news for me in your video. So I'm smart. And yet I'm poor. Which means one thing only: no action no money. Is there a book outthere that CURES laziness? 😂 Thank you 🎉
Find the reasons why you're lazy and fix them.. Usually it's a mindset matter, OR you miss some critical information. For example, laziness is a great mechanism for the brain itself, it's related to survival... Meaning that your brain or your "subconcious" side will strive to do less to conserve energy, this way you will have more tomorrow or in times when things go dire.. But if you know this, you can use this information against it. For example I know why I'm being lazy and I overwrite what my brain wants to do, because I know that I have food in the fridge and for the forseeable several months I won't have to bother about the Energy it tries to save, so I just do stuff, even if I don't feel like it. I also do sports, because without it I feel lazy (but this is another story) Nike was always right. "Just do it" works ;)
@@TricoliciSerghei thank you for your tips. As a matter of fact I am in therapy. Long process to inverse all that my brain did just to make me survive. You've pointed so gracefully the real issue. I recognise it in full: my sickness is that I feel most of the time like I have not enough energy, to make it, to deal with it, to live, to win, to whatever. Which gives me even more emotional struggle with life. When I was a child I told my sports teacher that I don't exercise in order to conserve my energy :))) Abused, depressed, alone in the dark child, by myself saving the world, at the age of 9 seems that I've decided "I CAN'T" Nice talking to you 🤗
For those interested in Think And Grow Rich, Napoleon Hill was a known con-artist. It's a very odd backstory and one everyone interested in that book should know about it
first time seeing your videos, i subscribed and turned on the notification bell . thank you for sharing this valuable information 😁
My grand niece is 16, works part time at a coffee shop, and love to spend her money. I'm looking for a book or books to help her understand both saving and investing. I've explained the importance of "paying yourself first", but it hasn't sunk in yet. Thank you for all you do!
Of these books, probably the best one you had on your screen at the beginning was The Millionaire Fastline. Definitely also Think and grow rich. Besides that you need to read other books like the Magic of thinking big, Psycho-Cybernetics, definitely a good book Ask and it has given. If you only read these books, it is enough to become a millionaire in a very short time.
Did any of these books work for you?
Knowledge alone is, merely, trivia. Knowledge applied is power. Success requires knowledge AND action that is consistent and persistent.
love your video. My first book was the richest man in Babylon, which I always lend to my friends to start with first steps of financial literacy. I also subscribed to Robert Kiyosaki channel, lots of interesting content there too.
Just saw your this video for the first time. You come through as an honest and sincere guide. Liked your video and am also subscribed. Good presentation.
A comprehensive list of books that can motivate and encourage you to take action towards financial freedom. Thanks Nischa for your valuable knowledge. I would add "Money Master The Game - Tony Robbins"
It's fascinating how many people focus on reading books about money, but when crises or disasters strike, our immediate concern becomes survival. I believe it's equally vital to read more books about surviving, as challenging times are inevitable.
Thank you Nischa for this great video! All my favorite finance books here! Rich Dad Poor Dad changed my perspectives on how I look at Assets and Liability. 4 Hour Work Week changed my perspective on how I look at a job or working 40-50 hours per week. Think & Grow rich made me realize the power of thinking positive about wealth & success and The Intelligent Investor changed my perspective on looking at a stock as a real business/company!
Good intro for books on personal wealth given by Nischa.Go for it.
Hi Nischa; I’m impressed with your vídeo not just for the knowledge you’re sharing, but for your beauty! 🙂
I absoslustely love everything about your videos - please start a podcast soon!
I have read few books in investing but the book that gave me maximum information is -"one up in wall street". I feel after reading this book, anybody can invest confidently by doing enough homework.
Thanks for introducing the books that are imparting the fundamentals for wealth creation
Nischa...you have exceptional communication skills plus tremendous financial knowledge.
I find your channel to be one of the most informative, straightforward and honest I've come across about financial topics. Thank you for the informations and experiences you're sharing in a very concise and clear way!
Love your videos. Im around people with money. There ability to make money unbelievable. So mind set and action self belief. Other part people believe there is no money fixed in that mindset . Everything is possible ❤