The Rich Don’t Save Money | Grant Cardone

People who save money as a strategy to have more money clearly do not understand how money works. It sounds witty to save money, but the world where that works is long gone.

The rich and affluent people you see in the world today do not save money. They didn’t save money to get rich. They are not saving money to stay rich. This is because they understand the nature of what we call money today.

If money were gold and silver, it could have been worth saving. But the US dollar, British Pound, Euro, or whatever currency is legal tender in your country is not worth saving. To save it is to screw yourself. Just look at inflation in the last 18 months.

This is why the rich don’t do it. You can save to teach yourself financial discipline. But don’t think you are creating wealth for yourself that way. Instead of saving money (which is currency), the rich do something else. They create assets, own the assets, and keep the assets.

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[ilyathomas]

They gamble with poor people's money and when they lose they get bailed out by poor people's taxes (cause rich people boycott paying their own taxes).

When they win the gamble, they keep all the winnings.

There's no emulating the rich, they play by a completely different set of rules

[VX-cydu]

The crackhead outside the gas station:

[markjordan]

When "Lewis & 'Cardone {Politic Together}
✅ It's Always" Educational.. This is Exactly
What I 'Admire About 'Cardone, He's Always
Reaches For 'Business-Benefits & He's Always
Blazing 🔥😅

[mohamedhasan]

and then they get bailed out by the government

[eldonhoward]

Didn't JP Morgan have to be bailed out by the government, as well as several others, because they were to big to fail?

[philipbond]

Curious...WHAT is an inside game (besides a stock being owned by insiders a.k.a smart money)?

[userOdm]

Grant you people are the greatest and Steve Harvey Steve Furtick and yourself have given me unlimited resources thank you for me and thank you people for my family. That gives hope to them. I'll take %100 advantage. Starting when you initially invested your time in me.

[juanescalante]

What podcasts is this i want to watch it

[jenna]

Uep, 60/40 and hold forever in a pension or brokerage account is a scam. As soon as i started trading in 1 or 2 stock i can study and track, my portfolio goes up and up.

[magoo]

JPM cought red handed.
Human trafficking
Smuggeling cocaine
Rigging gold market
All documented and ignored, with a small fine.

[bumblebee]

Did we factor in that it was slave money passed down???

[MichaelSmithAU]

They don't diversity 😂😂😂
This guy makes shit up as he goes along.

[markjordan]

When "Lewis & 'Cardone {Politic Together}
✅ It's Always" Educational.. This is Exactly
What I 'Admire About 'Cardone, He's Always
Reaches For 'Business-Benefits & He's Always
Blazing 🔥😅

[markjordan]

When "Lewis & 'Cardone {Politic Together}
✅ It's Always" Educational.. This is Exactly
What I 'Admire About 'Cardone, He's Always
Reaches For 'Business-Benefits & He's Always
Blazing 🔥😅