The Diary Of A CEO with Steven Bartlett Most Replayed Moment: Stressed About Money? Nischa's Step-by-Step Guide To Financial Security
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Mar 6, 2026 
Nischa Shah, a former investment banker and chartered accountant who helps people build financial security. She explains why many live paycheque to paycheque and the first practical step: a one-month peace-of-mind fund. She covers cutting high-interest debt, building a 3–6 month emergency buffer, when to switch from saving to investing, and simple low-cost investing plus income growth tactics.
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Attack High Interest Debt Above Eight Percent
- Cut financial bleeding by listing debts by interest rate and prioritising repayments for any debt above 8% interest.
- Pay minimums on everything, then throw extra cash at the highest-rate debt first, Nischa advises.
Save Three To Six Months As Your Emergency Buffer
- Build an emergency buffer of three months' living expenses if single and predictable income, or six months if household responsibilities or unpredictable income.
- Vanguard research: three to six months saved improves emotional wellbeing more than earning over 200k.
Don't Oversave Move To Investing After Safety Nets
- Stop hoarding cash beyond emergency/short-term goals; know when to stop saving and start investing.
- Only keep savings for emergency fund or goals within five years like a house deposit, otherwise invest to beat inflation.