Do This Every Time You Get Paid. Accountant Payday Routine

Get the free payday routine tracker (mentioned in the video) here: nischa.me/intentionalspendingtracker

I have my 6 month emergency fund, and what I call a miscellaneous fund, this fund covers things like AC unit replacement, new roof, etc without dipping into the emergency fund. It's an emergency fund for the emergency fund. I budget for Christmas gifts, vacations, etc throughout the year and never need to take in debt. I live well below my means, my mortgage is about 10% of my income. Tomorrow i will be leaving for a 10 day cruise that I spent $14k on, not a single cent of it borrowed, all paid in cash. I am normally way too cheap to take a vacation, its been over a decade but I'm finally taking one and decided to splurge.

I became debt free in 2023 by learning to live within my means. Now, the money that was paying off debt is going into various savings and investments for the future. Thank you for all your advice, looking forward to the next video!

Could you please make a video for teenagers, how should they start their financial planning

I love how you dropped this a few days before payday, so efficient

Hi Nischa, I am 40 years old, was homeless 5 years ago before I started to get my life back on track. Since being employed, I was always ashamed to look at my bank balance, the ostrich effect... like you described. Thank you for giving me a system and the courage to face my finances, and to help put this chaos into order.

I am planning to use nearly all my pay this month to pay off a credit card that has 7% interest.

As someone who’s financially literate but who’s had to learn to be. It’s so hard for me to spend money on things I want. Pretty much all of that goes to investments / savings. The mindset once you have it’s hard to break it.

Thanks for another very helpful video. You don't pass judgement on the fact that many of us are appalling at money management and you instead focus on what we can do to turn things around. Much appreciated.

your advice about paying off interest balances vs the savings made so much sense, I legit paused the video and did just that lol. I can be such a hoarder sometimes that I forget that I'm actually paying more than I am saving.

I appreciate that your content includes the US and US market data. Thanks.

Just downloaded the spending tracker and holy crap it's an eye opener where my money going. Im trying to pay off debt(17k) and this will really help me. I never had a budget and didn't know where my money is going at the end of every month. You just got a new subscriber and I will come back to this comment at the end of the year with an update🙏🤞

In one of your old videos, you talked about the different businesses you tried and that failed. We would love to hear more about those failed businesses and what you think made you fail

I've done 2 things this month as a result of your videos: - set up a standing order to pay my credit card each week - used the Insights tool on my online banking app to identify that I was spending £150 on unnecessary purchases. Long term, I plan to have a BTL when I remortgage. Thanks!

My wife and I went to a financial planner in Canada and their advice is pretty similar to yours. I do love paying off debt. It’s a very satisfying feeling :)

Downloaded your spreadsheet and did it for dec/jan and I couldn’t believe how much of an eye opener it was! I really didn’t know how much I was spending and it’s def made me more accountable for what I’m spending my money on. Also moved credit card to 0% interest to help me clear it more. My focus is to pay off my debt and then start saving for the future ❤

Thank you so much Nischa. I’ve subscribed and watched several of your videos, there’s so much to learn! I took your advice regarding putting 10% of my monthly pay aside for savings. Great videos, thank you.

Very sound and comprehensive advice. I appreciate your enthusiasm and directness.

Hey Nischa, just wanted to say thank you. I've been using your spending tracker and it's been really helpful. Thank you for all you're doing

Thanks Nisha. Your 8-step process is a much better process than others I've seen around. And you dropped the video nice and early for us to implement in February.