Grant Cardone: 5 brutal honest money tips that are supposed to follow in 2025

Commitment to our readers

The Gobanking Council's editorial team is obliged to bring you impartial reviews and information. We use data -controlled methods for evaluating financial products and services – Our reviews and reviews are not influenced by advertisers. Further information on our editorial guidelines and our methodology for checking the products and services can be found in the methodology.

20 years
Help you live, richer

Trust from
Millions of readers

One of the loudest and most honest financial influencers is today for Grant Cardone. As a businessman and real estate investor, Cardone supervised assets of $ 4 billion during his career. Now as an published author and public speaker, Cardone is known that he shares his wisdom and advice on money without holding back. Gobanking Council has put together some of his best financial tips.

Here are Cardone's top brutal honest money tips that are to follow in 2025.

Don't spend the money of tomorrow

In the opinion of Cardone, nobody should buy goods or services with money that you don't have, or money you don't have yet.

“As soon as the money goes through and my account hits, I can spend it,” said Cardone. Until each cent is taken into account and every transaction is complete, Cardone said that nobody has taken financial steps that are based on future funds that still need to be acquired.

Life according to the 40% rule

According to Cardone, the rule of 40% collapses as such: they earn 100% of their income, they pay the IRS 40%, pay 40% and live from the remaining 20%. The inflation of your lifestyle only costs you in the long run.

“You only change your standard of living in the 20th [percent] Changes, ”added Cardone. “You have to be disciplined with money.”

If you can't write it down, don't buy it

Taxes are difficult, but writing of writing can save people a lot of money when it is time. According to Cardone, you have to be strategic what you buy. If it is not a tax depreciation on April 15, don't buy it.

According to Cardone, the Flip page is that you should tend to buy certain goods and services to improve your financial goals or to expand your business companies.

Use debt as growth

Nobody likes to wear a remaining amount on his credit card or make a payment of student loans every month. While this could appear like a money burden, Cardone urged the use of debt as an instrument for financial growth, especially if they are a business owner.

“You have to use debts to expand,” said Cardone. “You cannot stay small and expect the world to know it.”

Use equity to create the cash flow

Cardone called “garbage” and noticed that “money is worthless until it is brought to work”. Personally, Cardone does not want to put his financial profits back into something like a house or a car, but decide to finance and expand its company to promote the cash flow.

“They take their equity from a house or a car,” said Cardone, “they put it in a company that creates the cash flow, and they create personal financial freedom for themselves.”