DIRS.INFO The most relevant business & tech news

☆ An investment banker quit her job to become a YouTuber and now makes over $1 million
▼ + stars: | 2024-07-10 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +4 min

Nischa ShahPersonal finance YouTuber Nischa Shah quit her six-figure investment banking job to become a full-time content creator — and it was a gamble that paid off. Shah started dabbling with making YouTube videos about personal finance and self-development in December 2021 — and now has over 1 million subscribers on YouTube. This success led her to quit her investment banking job in January — despite the fact she was due to receive a six-figure bonus two months later. Shah is now earning over $1 million by monetizing her YouTube videos, selling courses and products, doing corporate talks, and partnering with brands. Shah walked CNBC Make It through how she grew her YouTube channel and prepared to quit her investment banking job.

Persons: Nischa Shah, YouTuber Nischa Shah, Shah, it's, —, It's Organizations: Crédit Agricole, CNBC, YouTube Locations: London, —

☆ Employees are building 'F-you funds' before quitting their jobs. Here's what it means and how to build one.
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Souffrant set out to save enough so they could cover one year's worth of expenses between Woody's salary and her savings. How to build your own 'F you fund' in 2 stepsAnyone can start an "F you fund" like Soufrrant and Shah did to create more options for themselves. Souffrant kept hers in a high-yield savings account. That way, the money was still accessible but earning more interest than it would if it was sitting in a traditional savings account. If your number is $200 per month, have that amount lifted from your checking account and deposited into your "F you account" each month.

Persons: Jamila Souffrant, Souffrant, Nischa Shah, Nischa Shah Nischa Shah, it's, Shah, Woody Organizations: Business, America, Investment

☆ A millennial who quit her corporate job to work for herself explains the 2-part strategy she used to 'supercharge' her side hustle and turn it into full-time income
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

All I do know is that the way I am making money at the moment isn't bringing me happiness." "It was like an escape from my day job, a creative outlet for me." Maintain your day job and use a portion of your income to invest in your side hustleRelated storiesShah believes in maintaining your day job for as long as possible while simultaneously building your side hustle or business. "I couldn't have done that if I didn't have my day job. The way she sees it, the longer you can maintain your day job, the more money you'll have to grow your side hustle to a point where it eventually overtakes your day job income.

Persons: Nischa Shah, She'd, Shah, I've, she'd, It's, she's, it's, Shah didn't Organizations: Business, YouTube, Investment Locations: London

☆ An accountant who has read dozens of money and investing books shares her top 3 picks, including 'one of the least boring financial books you will read'
▼ + stars: | 2024-03-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNischa Shah says she has read many books about money, from the classics that cover the fundamentals like "Rich Dad Poor Dad" to more mindset-focused texts like "The Psychology Of Money." The Richest Man in BabylonAdvertisementShah's top pick is George S Clason's "The Richest Man in Babylon." He becomes the richest man in the city by following simple money-making principles that still hold true today, from paying yourself first to controlling your spending and putting your money to work. Related storiesThis book boils down what it takes to build wealth "in a way that is not boring and mundane," said Shah.

Persons: —, Shah, Dad, She's, George S Clason's, it's, Rich, Napoleon Hill's, Michael E, Gerber Organizations: Service, Business Locations: Babylon

☆ An accountant and former investment banker shares an underlooked way to invest your first couple thousand dollars: 'The return you can get completely outweighs the 7% return you're going to get in the
▼ + stars: | 2024-03-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

When you think about the different ways to invest your money, things like the stock market or real estate may come to mind. "Investing at its core is about committing resources to achieve future benefits," accountant and former investment banker Nischa Shah says on her YouTube channel. However, "when you invest in yourself, you're essentially increasing your earning potential and creating more opportunities for yourself." Because the return you can get in your own investment completely outweighs the 7% return you will get in the stock market over the next 30 years." You don't want to get to the point where you're looking back and thinking, "'I wish I just started.

Persons: Nischa Shah, it's, that's, Shah, Nischa, —, who's, she'd Organizations: Service, YouTube, Business

☆ A former investment banker shares the strategies she's using to build long-term wealth, including 3 mental tricks she used to save six figures
▼ + stars: | 2024-03-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

It also helped that she'd built six figures in savings, according to screenshots of her savings and investing accounts viewed by BI. She elaborated on her stock market and real estate investing strategies. While anyone can invest in the stock market starting with as little as $1 thanks to micro-investing platforms, owning real estate typically involves bigger upfront costs. "I could put down a 20% deposit, and then the bank will lend me 80% to buy this asset," she said. The cash flow you can generate from real estate is "far greater than what you'll get from most other investments," said Shah.

Persons: Nischa Shah, Shah, she'd, she's, It'll, —, — Organizations: Business, YouTube, BI, Fidelity, Vanguard Locations: London, Real

Search resuls for: "Nischa Shah"

6 mentions found