Reported 7 months ago
Mark Cuban once advised to save every penny, skip coffee, and cut back on daily expenses like fast food to accumulate wealth. His advice echoes Tim Gurner's suggestion for millennials to save for a house by being frugal. However, in today's economy where the cost of living has soared, simply saving by reducing minor expenses may not be enough to achieve financial goals. Structural changes and smart investments are essential. Cuban also emphasizes the importance of continuous learning and gaining expertise in a chosen field to ensure long-term financial success in the knowledge-based economy.
Source: YAHOO