transcript · 20,560 words

Kevin O'Leary: This Daily Habit Is Keeping You Poor. Here's What You Should Do Every Time You Get Paid!

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

That is the stupidest thing you can ever do. What is the most important thing for someone who's just trying to grow their money? So I learned this from my mother and I actually built a whole company around it. Yeah, there she is. So I haven't seen that picture. Yeah. I mean what she did. Performance was extraordinary.

And with that she put my brother and I through college. She took care of her family and they When I saw the results, I said that's it. That's how I'm gonna invest for the rest of my life. So talk me through this as much detail as possible. Let's start with this. Kevin O'Leary, aka Mr. Wonderful, is the self-made millionaire and investor. Who's built and sold companies for billions.

I don't care. Because there's people that don't think ahead and find themselves mired in debt, but then pissing away money. Spend me$28 for lunch. I mean that's just stupid. What about the house? The mistake that people make is they buy too much house. Never let the mortgage and the cost of maintaining the house be more than one third of your income. Now how much does the person that you fall in love with have an impact? I'm kidding. It's everything. And I did some research, and most marriages can survive infidelity. They can't survive financial stress. But if everybody that's listening does this one thing, you will have over a million house. Dollars.

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