Self-made millionaires say ‘saving won’t bring you wealth’ — here’s what will get you there

If being rich means having a lot of money, saving money should logically help you get there. But self-made millionaires Barbara Corcoran and Grant Cardone disagree.

“I’m just not a believer in saving money,” Corcoran, a real estate entrepreneur and star of ABC’s “Shark Tank,” recently told CNBC Make It. “I’ve never saved a dime my whole life.”

Cardone, CEO of Cardone Capital and author of “The 10X Rule,” agrees. “Saving, saving, saving won’t bring you wealth,” he said in a recent tweet. 

So how do you build wealth? Spending and investing, Corcoran and Cardone say. Here’s how they do it.

https://www.cnbc.com/2023/06/16/self-made-millionaires-saving-wont-bring-you-wealth.html