‘First Piece of Advice I Gave My Kids About Money’: Kevin O’Leary Says You Can Be a Millionaire on a $65,000 Salary. Here’s How.

Kevin O’Leary has been vocal about saving money for years. In 2024, he said people who spend $5 on coffee are “idiots” and doubled down on his disdain for wasteful spending earlier this month — “I can’t stand it when I see kids that are making 70 grand a year spending $28 for lunch,” he said on the “Diary of a CEO” podcast.

Now, in a post on X on Monday, the longtime “Shark Tank” investor explained why he feels this way, noting that his children received the same advice at a very young age.

Related: ‘Can Make a Ton of Money’: Kevin O’Leary Says This Is the Most Overlooked Startup

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