The highest financial rules of my mother that I still follow

The star “Shark Tank” Kevin O’Leari He built his wealth Through entrepreneurship and smart investment, but he is attributed to his mother to place it on the right financial path. There are many money lessons that his mother taught throughout his life, which still constitutes how he dealt with finance today.

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Below are two of the financial rules that Oliri learned from his mother It is believed that everyone should continue.

When you get married, you may want it Merging all your money – But Oldi learned from his mother that this is not the smartest approach.

“My mother taught me a lot about financial independence,” he told Gobankingraates while discussing his partnership with HelopRnupA pre -marriage agreement platform. “She was married twice, but she kept a secret account from all of her husbands throughout her life.”

Oliri said that his mother started saving 15 % of her salaries when she was very small and kept this money She was completely isolated during her marriages.

Oliri said: “I helped my brother while I was at school (with this money).” “I really thought that in marriage, each of the spouses should have their own financial identity. They should never give up on that because you do not know that this will happen in marriage.”

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Another lesson he learned from his mother Buy some quality items In exchange for spending money on the things you do not need or will collapse quickly.

“My mother was only buying two Chanel allowances a year,” he said. “It is very expensive. It would have been saved for six months to buy one of these cases.”

While these claims were a great investment, they kept their values ​​over time.

“When she died, she became the port for her property,” Oliri said. “All of these Chanel things – some of the seventies and eighties, and even the jackets of the 1960s – there was a battle in my family among women who wanted these things.

He continued, “High -quality antique clothes are of great value if made well for foolishness that you buy them only.” “So buy good things and keep it in good repair, and will serve you well forever.”

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This article was originally appeared on Gobankingheshes.com: Kevin O’Leari: The highest financial rules of my mother that I still follow