“14 Shocking Wealth-Building Mistakes You’re Probably Making, According to Grant Cardone”
13. Not Investing In Real Estate
Cardone is a strong advocate for real estate investing as a vehicle for wealth creation. He believes that real estate offers numerous advantages, including passive income, appreciation, and tax benefits.
Consider adding real estate to your investment portfolio. Start small with rental properties or explore real estate investment trusts (REITs). Real estate can provide a steady stream of income and long-term wealth accumulation.
14. Ignoring The Importance Of Time
Cardone emphasizes the value of time as a finite resource. He believes that wasting time on unproductive activities can hinder your progress and limit your potential.
Optimize your time management by focusing on high-impact tasks and delegating or eliminating low-value activities. Make the most of your time by investing it in activities that contribute to your personal and financial growth.
20 Things Poor People Waste Money on, According to Suze Orman
If you’ve ever watched her show, you know Suze Orman pulls no punches. She’s all about calling out bad money choices, urging people to take control of their financial destinies and ditch those pesky spending habits that derail progress. While her advice can be blunt, she aims to empower folks to build wealth and protect their financial futures.
It’s important to note, Suze Orman gets flak sometimes for being too harsh. She’s not shaming people, but highlighting how certain expenses can sabotage big goals like homeownership or a comfortable retirement.
