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Money Lessons From A Multimillionaire Who Hasn’t Saved A Dime Her Entire Life
Saving is one of the Golden Rules of success.
“Do not save what is left after spending, but spend what is left after saving” —Warren Buffet.
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for” —Robert Kiyosaki.
Breaking this important principle in the success rule book is one thing no one wants to do; except for Barbara Corcoran.
The Shark Tank star has a counterintuitive rule to making money: spend it!
Barbara said she’s never saved a dime in her life.
That’s not because she has a rich ancestry and didn’t grow up worrying about money.
Quite the contrary.
Raised by a homemaker mum and a father who went from job to job, Barbara had a rough childhood. Her struggles wasn’t just about family, but education too.
In collage she was a straight D student, and by the time she turned 23 she’s done 20 jobs.
She managed to loan $1,000 from her then boyfriend and started a real estate company.
In 2001, she sold The Corcoran Group for $66 million and immediately planned on how she’d spend it.
