Grant Cardone
๐ค SpeakerAppearances Over Time
Podcast Appearances
So my mom saved money her whole life until she passed.
That was more money than I had made in the previous 20 years.
In any business, any earned income, any job that I've ever worked at, one investment is
She was still saving money the day she died.
And money is useless until it is used.
paid me more money in a shorter period of time than I had earned in 20 previous years of earned income.
A billionaire taught me this.
He's like, Grant, your money's worth nothing until it is put to use.
And it was a non-taxable event, by the way.
And the people that create tremendous wealth are taking pieces of paper, garbage pieces of fiat paper that only have as much value as the people have confidence in.
It made me a multimillionaire, but it came with no tax consequence, which was like I just stumbled across this concept.
I didn't know that was going to happen, but it was because of the class of investments I was in.
And they're basically taking that paper and converting it to something else that is more valuable than the paper.
So basically what I was doing was trading time for money at my two jobs.
So I was 31 years old.
I had two jobs at the time.
I'm 28, 29, 30 years old.
I had been storing money, not saving it.
storing all this money up like a squirrel, like going out and getting nuts for the wintertime, knowing that one day I'm going to use these nuts for something else.
I was storing it so that one day I could make an investment in something where it would multiply itself, where it would have babies.