I Need To Do This
Mark Cuban Shared His Three Smart Financial Moves That ‘Everyone Should Make’
2. Stash six months of income in the bank.
For most people, Cuban admits, six months’ worth of “income in cash
in the bank might not be that much,” not compared to his envy-worthy
nest egg at least, but he feels that just knowing it’s there “for a
rainy day” can provide some peace of mind. “I know it doesn’t earn much
in the bank,” he says, “but you’ll sleep a lot better.”
3. Pay off your debt.
Cuban says the single best thing you can do for your bottom line is
to pay off your credit card debt. Better yet, never rack up a penny of
it in the first place. “Credit cards are the worst investment,” he says,
“unless you pay them off every 30 days. Even then, don’t do it.” Like
the rest of us, he wishes someone would have told him that when he was
in his 20s.
Complete list (BroBible.com)
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