Nischa Shah
Life is complicated… personal finance doesn't have to be. Ex-investment banker turned creator.
Browsing 9 posts
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Life is complicated… personal finance doesn't have to be. Ex-investment banker turned creator.
Browsing 9 posts
Showing 1–9 of 9
Watch the full video on YouTube #money #personalfinance
Key Takeaways
A 2025 Goldman Sachs survey found that 41% of households earning 300 to 500k say that they're living paycheck to paycheck. They're not struggling households, they're high earning ones. And I used to think this was ridiculous. How can someone earning that much have nothing left at the end of the month? Then I got my first pay rise in banking and within about six months I had absorbed the whole thing. Better flat, nicer dinners, a gym membership that I barely used. I wasn't being reckless it just happened and that is lifestyle creep our spending has a natural tendency to rise with our income and our brains tend to trick us into thinking that those upgrades that we're purchasing are necessities so once we get paid and these big expenses are taken care of it can very easily still feel like there's not much money left over and that you're no further ahead than you were before