Grant Cardone
👤 SpeakerAppearances Over Time
Podcast Appearances
And then when I work, I should get rewarded.
I've never spent earned income to improve my standard of living.
When I get rewarded, I took that money, stored it.
So earned income, if I make $100,000 and I have $40,000 left over, the whole $40,000 gets stored.
So everybody just thought I was just a hard worker.
The way I lived didn't change.
The car I drove didn't change.
The suits I wore didn't change.
Anything extra, I store that to invest.
I didn't wear Rolexes.
I didn't do any of that stuff.
I can only buy a Rolex when I have passive income.
When my life changed, I think I had
I was married.
We had just sold a home to get equity out of.
I can only buy a BMW when I have passive income.
It was 2008.
We pulled the equity out of the house.
So I have these little rules that I put in on myself that I believed if I would use these rules, they would make me wealthy one day.
It was the first real house I'd had, but it was really an investment.