Kevin Olie: How to be a millionaire by retirement

by SkillAiNest

Kevin Olie has been raising a voice about money savings. In 2024, he said that those who spend $ 5 on coffee are “stupid” and Double Earlier this month, HIS dislike of useless costs – “I can’t afford when I see children who are making 70 grandson a year, spending $ 28 for lunch,” he said. “CEO’s diary“Podcast.

Now, in a post X to MondayThe long -lasting “shark tank” investor explained why they feel like this, saying that their children have received the same advice at a very young age.

Related: ‘Can make a ton of money’: Kevin Olie says it’s the most of the opportunity to neglect now

“I have advised my children about money, and the last piece of advice, and the advice I have given to my children,” said Oliery. “Save it. Invest in it. Let her compound.”

The market pays 8 % interest, so take a fixed amount from every salary, gift, or any income and invest in it, Oliery said.

O Larry said in the video, “Take 15 % of every salary, I don’t care how big it is. Or any gift that gives you. Or you get anything, and invest in it,” Olie said in the video.

With this system, Olie says that when you are 65 years old, you will “have millions of banks, even if you have only a salary of 000 65,000.”

However, there is a warning in all of this: “Don’t just buy a nasty that you don’t need,” he said. (And we know that means $ 5 coffee and $ 15 desk salad.)

Related: According to ‘Shark’ Kevin O’Larry, Barbara Cororen, and Daniel Libetzki, how to get an investment for your business is.

I join Top CEOs, founders and operators Level -up conference Unlock strategies to scal your business, increase revenue and build sustainable success.

You may also like

Leave a Comment

At Skillainest, we believe the future belongs to those who embrace AI, upgrade their skills, and stay ahead of the curve.

Get latest news

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 Skillainest.Designed and Developed by Pro