Believe it or not, there was once a time when billionaire Mark Cuban slept on a friend’s floor. That’s right, the entrepreneur, investor, and Dallas Mavericks owner wasn’t always this rich. In fact, he claims being thrifty in his younger years is what led him to be so successful today.
He encourages 20-somethings to not waste their money on frivolous material items and save as much as they can because debt can get in the way of your dreams. Okay this may be true, but that Michael Kors watch I just bought was totally necessary.
According to his book How to Win at the Sport of Business, Cuban writes, “It doesn’t matter where you live. It doesn’t matter how you live. It doesn’t matter what car you drive. It doesn’t matter what kind of clothes you wear.” Although it kinda does matter because that three-hour commute I had before I moved was literally the worst. But I digress.
“The cheaper you can live, the greater your options.” Cuban writes. I can’t argue with that.