'Do I pay for $2.50 for a coffee? NEVER.' 'Shark Tank' star kevinolearytv reveals 2 simple ways to save extra money. via CNBCMakeIt
Saving is a cornerstone of financial health, but not everyone believes they can do it. In fact, a new CNBC Invest In You and Acorns Savings Survey of more than 2,300 Americans found that over a third of respondents said they don't make enough money to meet their needs and save. And a Bankrate survey found one in five respondents don't save any of their annual income.
"Because if I don't buy it, the money is going to be invested and make money every year for me while I'm sleeping."O'Leary certainly has the means to afford a latte or two, but he doesn't buy them, ever. O'Leary says he refuses to pay for non-essentials like takeout coffee, even if does just cost a few dollars.
"I think about all the crap I bought that I never used. I mean it's amazing," O'Leary tells CNBC Make It."All the shoes, all the pants, all of the shirts that I never wore after the first time I bought them."I could have had that money making 7 or 8 percent in perpetuity" by investing it, he says.
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Kevin O'Leary says these 2 companies have been his biggest 'Shark Tank' winners.kevinolearytv says these 2 companies have been his biggest ‘Shark Tank’ winners: via CNBCMakeIt
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