Reported about 18 hours ago
Grant Cardone, a prominent real estate mogul, challenges the traditional concept of emergency savings, labeling it a 'bank myth.' In a recent interview, he argued that instead of saving three to six months' expenses, individuals facing emergencies should focus on working harder and generating income. Cardone also criticized the declining purchasing power of the dollar due to inflation and suggested investing in real estate and precious metals as better options for financial security.
Source: YAHOO