You’re not behind: Why everyone SEEMS to have more money than you

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Published 2024-06-16
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Watch this video to understand why it often appears that others have more money and financial success than you, and what to do about it

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TIMESTAMPS:
00:00 Why everyone seems to have more money than you
00:28 You're making upward comparisons
02:27 You don't know what you stand for
04:07 You aren't learning
06:02 You're forgetting the trade-offs
06:59 You're following the wrong C
08:08 You haven't focused on you for a while

🧡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.

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All Comments (21)
  • I learned two lessons in life, long before I started on the path of entrepreneurship. 1st - If you can’t learn to be happy when you have a little, you’ll never be happy when you have more. 2nd - If you can’t learn to manage your money when you have little, you’ll never be able to manage your money when you have more. Now I have a lot of money. I still drive the same “fix-it-and-it’s-free” car, I still live in the same apartment as I have for almost 5 years, and I prioritize time with my kids and my mental health. The only things I spend money on are things that I truly enjoy, like a decent piano, a guitar and drum set for my kids, travel with them, and a cinema camera because I enjoy filming. And you’re right, I don’t have the time to care what other people think…. And as time moves forward I’m less concerned with that too.
  • The thing I like about your approach is that you don’t put someone down in order to feel good about yourself. Everyone has their own journey and lane to strive on, just like driving in highways. Everyone exits the ‘highway’ with different destinations in mind, so no need to compare as much.
  • Sad reality is most people have been living their lifestyle on low interest rates, now rates have become much higher, people are less likely to reduce their lifestyle...
  • I'm a man of 58. Semi retired at 46 since I made enough money from farming. I'm now a landlord or leaseor. I often wonder how I got to be so well off while others around me are struggling. I think my answer is I'm a saver and absolutely will not borrow money unless it pays for itself. A leased house pays for itself, a new tractor makes me money. I'm a simple man who enjoys simple things. Never bought a new car, never been on a cruise ship, never even bought takeaway coffee. I've noticed that the more money you make the more you spend. I'm happy spending little.
  • The biggest investment in yourself is looking after your health. All the trinkets in life will mean nothing if you haven't the energy to enjoy them. Nischa, you're so right about the appearance of wealth. I worked in a bank and saw how people were spending their money. It seemed that professional people were the most keen to out do each other and had maxxed out their overdraft facilities. All about ego in reality.
  • My markers of wealth is i have my health, my family has their health, my pets have their health and relatives have their health. Also a nice marker of wealth is I own two homes paid off, a new Tesla paid off and fully retired. I dont care about impressing anybody, I am on the top of humanity for sure!
  • @RobDog-l8v
    I've recently joined the millionaire club after years of saving & investing. I drive a 12 year old hail-dented car, still get around in jeans and sneakers -- I just don't feel any particular need to display wealth. There's a difference between being wealthy and looking wealthy...
  • I subscribed to this channel when it has 53k subscribers,wow she has over a million good job nisha
  • That piece, "you don't know what you stand for." Well stated, I needed to hear that.
  • @trex7359
    True wealth is not only about numbers, but more about freedom and options. You could make a million dollars a year but if you spend all your time and energy to make that million and maintain that lifestyle are you really wealthy I think not .
  • I’m very HAPPY! I’m a high school dropout, with ADHD, no meds, previous Special Education student, working 2 full time Security Officer jobs in Seattle at around 100 hours a week for many years! In that time, we’ve built our house with cash, bought a car with cash, and almost done building our Beach Resort Hotel in the Philippines with cash by paycheck by paycheck slowly building! I’m obsessed with finishing our dream! I’m very happy on this long journey! Everyone counted me out! Dreams come true! Blessed 🙏
  • @Gnomezonbacon
    I look poor from the outside. Reality is I have more wealth than the average american who has nicer stuff than me. I have more money than them because I don't go into debt to have nice objects. Wealth is what you don't see. It's the nice cars not bought.
  • @APPR.
    Thank you! As someone currently crawling out of debt - ive been feeling so behind.
  • i genuinely wait for your videos and sometimes watch them repeatedly because right now i am almost in a same place that you were in years ago and for real your videos changed my mindset around money all the love nischa
  • I LOVE your videos - they aren't only super informative about financial decision making but you also lean into more mindful side with such ease! One of my favourite YouTubers! ❤
  • If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
  • @CartmellBuri
    Thx so much for your work and info Nischa. Eversince you introduced us to Abby Joseph Cohen Services, I now watch all of your content cus I believe I can succeed following your advice and wisdom. My main Affirmation and major plan for walking away from my 9 to 5 job is my 30000 USD weekly returns from my investment with Abby. Forever grateful to you
  • Collaboration over competition makes so much sense. To think of all the missed opportunities where I saw competition instead of collaboration. Well done Nischa