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What Would Grant Cardone Do With Your Paycheck?
Yahoo Finance· 2025-10-28 14:00
Core Insights - Financial influencer Grant Cardone emphasizes the importance of investing income rather than spending it on non-productive items [3][6][7] Investment Strategies - Cardone advocates for purchasing assets instead of "stuff" that does not generate income, suggesting that individuals should buy items like real estate or equipment for side hustles to increase net worth [3][4] - He highlights real estate as a key avenue for wealth building, stating that his fortune was built through real estate investments, which provide passive income [4][5] Money Management Philosophy - Cardone's approach to saving is focused solely on investment purposes, arguing that money should not be left idle in savings accounts but rather used to generate more wealth [6][7] - He proposes the 40/40/20 rule for paycheck allocation, where 40% is reserved for taxes, another 40% for investments, and the remaining 20% for living expenses [8]