How Couples Should Spend Money

Husband and wife team Grant and Elena Cardone tackle the subject of how to balance business, marriage and family and 10X them all. Committed to their kids, their business endeavors and their marriage they share what they do to make it all work. Join them every Wednesday at 12pm EST where they live out their motto of “stick and stay it’s bound to pay.” Grant says to spend all the money! The American savings rate is hovering at 3-5%. Stop holding back. Spend it all! If you can’t save 20% spend all your money and make it official: you’re broke. Exhaust the spending and get it out of your system. Flip your attention and put all your focus and attention on income. Spending money is not your problem. Making money is your problem. At the point you become officially broke you will be motivated to put all your attention on your recovery. If you’re not producing, you’re rock bottom. You don’t get money by saving it. You get it by investing it. If you’re making $50k you should be saving $15k a year. I put 40% in a savings account to invest later in another business. If you can’t save 30-40% you should be spending it all. Every decision you two should be making is about how to bring in more money. The kids, your spouse, everyone should be bringing in more cheddar. Network With Us: • Subscribe to Whatever It Takes NetworkFacebook – Whatever It TakesTwitter – @GrantCardoneTwitter – @ElenaCardone Listen To Us On Podcast: • iTunes • Stitcher
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.