Mark Cuban: “If You Use Credit Cards, You Don’t Want to Be Rich!” (Money Guy Reacts)
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 30 November 2022
⏱️ 27 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | According to Mark Cuban, if you use credit cards, you don't want to be rich. |
| 0:05.8 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:12.8 | investing, taxes. |
| 0:14.8 | You've got financial questions, he's got financial answers. |
| 0:18.4 | It's Brian Preston, the money guy. |
| 0:21.6 | Run I am excited to talk about this because Mark Cuban is a guy that I generally like. |
| 0:27.2 | He's been wildly successful as a business owner, as an entrepreneur, he's on shark tank. |
| 0:32.2 | Generally, when someone has had that kind of success, says something, I want to listen. |
| 0:36.0 | I want to learn from that. |
| 0:37.0 | I want to glean some of their insight. |
| 0:38.9 | But on this particular topic, I don't know that we are going to agree on. |
| 0:43.0 | Let's give our audience some context here. |
| 0:45.6 | There's actually a clip out there. |
| 0:48.3 | Let's let everybody see and then we'll go through the ins and outs of this. |
| 0:51.7 | No, I checked this out. |
| 0:54.0 | If you use your credit cards, you do not want to be rich. |
| 0:56.7 | Anytime you say something about that, people send it to me. |
| 0:59.3 | Look at Cuban tweets. |
| 1:00.8 | Look at what Cuban says. |
| 1:01.8 | That's the verse. |
| 1:02.8 | Cut up your credit cards. |
| 1:03.8 | If you use a credit card, you don't want to be rich. |
... |
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