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Yahoo
28-04-2025
- Business
- Yahoo
7 Mark Cuban Money Tips All Low-Income Earners Should Follow
Being broke doesn't mean you can't make smart money moves. The billionaire entrepreneur and Shark Tank investor is known for his blunt, no-fluff advice and surprisingly, much of it applies to people living paycheck to paycheck. Cuban didn't grow up wealthy and he's always emphasized simple strategies that anyone can follow, no matter their income. Below are seven of his most practical money tips, with advice that works even if you're starting from zero. Read Next: Check Out: Also Cuban believes Trump's tariffs will most affect low-income earners, find out why. When you first start earning money, Cuban advises resisting the temptation to immediately upgrade your lifestyle. 'The first thing you need to do is live like a student. When you get that first job, it's really cool. I remember looking at cars and thinking, I want this car, fortunately, I kept my junker,' Cuban told Vanity Fair. If you're already on a tight budget, staying frugal is even more crucial. Keeping expenses low and avoiding lifestyle inflation will allow you to save money or pay down debt more quickly. For You: Credit cards can easily lead you into debt if you're not careful, especially when money is tight. 'Credit cards are the worst investment, unless you pay them off every 30 days. Even then, don't do it,' Cuban explained to Entrepreneur. For low-income earners, the high interest rates on credit cards can trap you in a cycle of debt that's difficult to break. Sticking to cash or debit helps you maintain control of your finances. Buying non-perishable items in bulk is a practical way to save money, particularly during uncertain economic times. 'It's not a bad idea to go to the local Walmart or big box retailer and buy lots of consumables now,' Cuban said on Bluesky. 'From toothpaste to soap, anything you can find storage space for, buy before they have to replenish inventory. Even if it's made in the USA, they will jack up the price and blame it on tariffs.' Stocking up when prices are stable helps shield you from inflation, saving you money long-term — especially valuable when every dollar counts. Paying with cash gives you negotiating leverage and can help limit overspending. In Vanity Fair, Cuban highlights how effective this strategy can be: 'Negotiate using cash. I tell people all the time, if you're out, you're going to take a yoga class and they want to charge you $30, say, 'Look, I got $20.' You know what? They're going to take it.' Whether for a haircut, class or secondhand furniture, offering cash can often secure you a better deal. If you're worried about student loan debt, Cuban suggests to 'go to a cheap school' over a prestigious one. In an interview on the Fishbowl podcast, he explained that college isn't initially about your major; rather, it's 'about learning how to learn and exposing yourself to all kinds of different people [and] ideas.' For low-income earners, this advice is crucial because attending an inexpensive school, like a community college or a state university, drastically reduces financial pressure. Cuban himself attended Indiana University primarily because it was the least expensive among the top-ranked business schools, proving that prestige isn't necessary for success. Before diving into stocks or real estate, Cuban says your first financial priority should be paying down high-interest debt. 'The best investment you can make is paying off your credit cards, paying off whatever debt you have,' Cuban explained to MarketWatch. 'If you have a student loan with a 7% interest rate, if you pay off that loan, you're making 7%, that's your immediate return, which is a lot safer than picking a stock or trying to pick real estate or whatever it may be.' For low-income earners, tackling credit card balances with 20% interest is like locking in a 20% return — better than what most investments can offer. Instead of thinking only about retirement, Cuban urges people to focus on building an emergency fund. 'You aren't saving for retirement. You are saving for the moment you need cash,' Cuban said to Moneywise. Having a small cushion — even if it's just $5 or $10 a week — can make all the difference when unexpected expenses come up. It helps you avoid turning to high-interest credit cards or payday loans when life throws you a curveball. Overall, you don't need to be rich to make smart money moves. Mark Cuban's advice is all about keeping it simple: spend less than you earn, avoid bad debt and look for small ways to save consistently. These habits won't make you a millionaire overnight, but they can help you stay afloat and build real financial security over time. More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying 10 Genius Things Warren Buffett Says To Do With Your Money 4 Things You Should Do if You Want To Retire Early The New Retirement Problem Boomers Are Facing Sources Entrepreneur, '5 Mistakes to Avoid When Seeking Startup Capital.' Mark Cuban, Bluesky. Vanity Fair, 'Mark Cuban's Guide to Getting Rich.' MarketWatch, 'Mark Cuban on the best investment and the one he 'hates with extreme prejudice.'' Moneywise, ''A get rich path': Billionaire Mark Cuban says if you really want to be rich, do these two things now — but here's where his advice falls short.' This article originally appeared on 7 Mark Cuban Money Tips All Low-Income Earners Should Follow
Yahoo
28-04-2025
- Business
- Yahoo
7 Mark Cuban Money Tips All Low-Income Earners Should Follow
Being broke doesn't mean you can't make smart money moves. The billionaire entrepreneur and Shark Tank investor is known for his blunt, no-fluff advice and surprisingly, much of it applies to people living paycheck to paycheck. Cuban didn't grow up wealthy and he's always emphasized simple strategies that anyone can follow, no matter their income. Below are seven of his most practical money tips, with advice that works even if you're starting from zero. Read Next: Check Out: Also Cuban believes Trump's tariffs will most affect low-income earners, find out why. When you first start earning money, Cuban advises resisting the temptation to immediately upgrade your lifestyle. 'The first thing you need to do is live like a student. When you get that first job, it's really cool. I remember looking at cars and thinking, I want this car, fortunately, I kept my junker,' Cuban told Vanity Fair. If you're already on a tight budget, staying frugal is even more crucial. Keeping expenses low and avoiding lifestyle inflation will allow you to save money or pay down debt more quickly. For You: Credit cards can easily lead you into debt if you're not careful, especially when money is tight. 'Credit cards are the worst investment, unless you pay them off every 30 days. Even then, don't do it,' Cuban explained to Entrepreneur. For low-income earners, the high interest rates on credit cards can trap you in a cycle of debt that's difficult to break. Sticking to cash or debit helps you maintain control of your finances. Buying non-perishable items in bulk is a practical way to save money, particularly during uncertain economic times. 'It's not a bad idea to go to the local Walmart or big box retailer and buy lots of consumables now,' Cuban said on Bluesky. 'From toothpaste to soap, anything you can find storage space for, buy before they have to replenish inventory. Even if it's made in the USA, they will jack up the price and blame it on tariffs.' Stocking up when prices are stable helps shield you from inflation, saving you money long-term — especially valuable when every dollar counts. Paying with cash gives you negotiating leverage and can help limit overspending. In Vanity Fair, Cuban highlights how effective this strategy can be: 'Negotiate using cash. I tell people all the time, if you're out, you're going to take a yoga class and they want to charge you $30, say, 'Look, I got $20.' You know what? They're going to take it.' Whether for a haircut, class or secondhand furniture, offering cash can often secure you a better deal. If you're worried about student loan debt, Cuban suggests to 'go to a cheap school' over a prestigious one. In an interview on the Fishbowl podcast, he explained that college isn't initially about your major; rather, it's 'about learning how to learn and exposing yourself to all kinds of different people [and] ideas.' For low-income earners, this advice is crucial because attending an inexpensive school, like a community college or a state university, drastically reduces financial pressure. Cuban himself attended Indiana University primarily because it was the least expensive among the top-ranked business schools, proving that prestige isn't necessary for success. Before diving into stocks or real estate, Cuban says your first financial priority should be paying down high-interest debt. 'The best investment you can make is paying off your credit cards, paying off whatever debt you have,' Cuban explained to MarketWatch. 'If you have a student loan with a 7% interest rate, if you pay off that loan, you're making 7%, that's your immediate return, which is a lot safer than picking a stock or trying to pick real estate or whatever it may be.' For low-income earners, tackling credit card balances with 20% interest is like locking in a 20% return — better than what most investments can offer. Instead of thinking only about retirement, Cuban urges people to focus on building an emergency fund. 'You aren't saving for retirement. You are saving for the moment you need cash,' Cuban said to Moneywise. Having a small cushion — even if it's just $5 or $10 a week — can make all the difference when unexpected expenses come up. It helps you avoid turning to high-interest credit cards or payday loans when life throws you a curveball. Overall, you don't need to be rich to make smart money moves. Mark Cuban's advice is all about keeping it simple: spend less than you earn, avoid bad debt and look for small ways to save consistently. These habits won't make you a millionaire overnight, but they can help you stay afloat and build real financial security over time. More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying 10 Genius Things Warren Buffett Says To Do With Your Money 4 Things You Should Do if You Want To Retire Early The New Retirement Problem Boomers Are Facing Sources Entrepreneur, '5 Mistakes to Avoid When Seeking Startup Capital.' Mark Cuban, Bluesky. Vanity Fair, 'Mark Cuban's Guide to Getting Rich.' MarketWatch, 'Mark Cuban on the best investment and the one he 'hates with extreme prejudice.'' Moneywise, ''A get rich path': Billionaire Mark Cuban says if you really want to be rich, do these two things now — but here's where his advice falls short.' This article originally appeared on 7 Mark Cuban Money Tips All Low-Income Earners Should Follow


Daily Mail
22-04-2025
- Daily Mail
Graphic new details emerge about socialite's desperate attempt to save former Deal or No Deal host Andrew O'Keefe's life after heroin overdose
A Sydney socialite cleaned vomit from disgraced former TV star Andrew O'Keefe's nose and mouth after he almost chocked to death during a heroin overdose, court documents have revealed. Elisha Dalah performed CPR to save the former Deal or No Deal host after earlier feeding him the heroin which led to the life-threatening overdose at O'Keefe's Vaucluse home in Sydney's eastern suburbs on September 14 last year. Dalah, famous for the being the daughter of ex-Elizabeth Bay Marina co-owner Michael Dalah, fronted Downing Centre Local Court on Tuesday after pleading guilty to supplying heroin. The 38-year-old gave O'Keefe Narcan, a drug which counteracts the effects of heroin, and performed CPR before the fallen former Channel Seven star was rushed to St Vincent's Hospital. The court heard O'Keefe, 53, was released from hospital after being told he was 'lucky to be alive'. Dalah, whose Fishbowl founder brother Nathan is married to Victoria Secret model Georgia Fowler, admitted to police that she and O'Keefe had consumed cocaine and heroin earlier that day, according to the court documents. The pair also organised to buy heroin after being harassed by paparazzi. 'This is my fault,' Dalah told police. Magistrate Rosheehan O'Meagher said the court needed to send a message to the community regarding the 'seriousness of the offence'. 'The maximum penalty for this offence in the district court is 15 years in prison, in the local court it is capped at two years,' she said. 'That shows you how serious an offence this is and it is treated as so because of the serious consequences of drug supply in terms of serious health implications, which I am sure you are aware of.' Dalah was convicted after spending almost five months in custody while awaiting sentencing. The court heard Dalah has been undertaking a rehabilitation program which she continues to attend 'for as long as possible'. 'You've learnt some things, but looking at your record, we need you to get the message that if you keep offending you will end up in jail, and I don't think that's a life you want for yourself,' Magistrate O'Meagher said. In 2023, Dalah was handed a 20-month intensive correction order and 200 hours of community service after pleading guilty to thieving luxury face creams and designer clothing from a Westfield shopping centre in July 2022. Dalah was also fined $500 for entering Westfield Bondi Junction while banned. O'Keefe has waged a public battle against drug addiction and been in and out of rehabilitation centres for the past few years. O'Keefe faced Waverley Local Court in February to plead guilty to driving with meth in his system but escaped with a $440 fine. The former game show host tested positive to meth while driving his Mercedes C200 in Sydney's eastern suburbs on July 28 last year. He was pulled over for random testing on Cranbrook Road in Rose Bay about 11.30am that day and recorded a positive result but was not charged until late November. The court heard O'Keefe had been the subject of a conditional release order for a previous drug-driving offence when he tested positive again. O'Keefe was convicted and fined $440 for drug-driving and disqualified from getting behind the wheel for six months. Shortly before O'Keefe was pulled over on July 28, he had confronted a man at a Point Piper property he was banned from attending. Following inquiries, O'Keefe was charged with contravening an apprehended violence order and stalk/intimidate with intent to cause for fear. He was released on bail after appearing in Waverley Local Court but was arrested again at Rose Bay police station in September when police found meth in his car during a search. O'Keefe was thrown in the back of the divvy van while TV cameras were on hand then acted like a rabid dog. O'Keefe pleaded guilty in October to trespassing, breaching an an apprehended violence order and meth possession. He was fined $1500 and handed a 30-month community corrections order which required him to attend rehab. At the same time, he was fined $2,000 for driving with an illicit drug in his system at Darlinghurst in April and disqualified from getting behind the wheel for three months. O'Keefe was found guilty in January last year of domestic violence and drug offences after a 'degrading' attack on a woman who cannot be identified. The drug conviction was later quashed but O'Keefe lost an appeal against the assault convictions in August. In December 2023 he escaped conviction after pleading guilty in Downing Centre Local Court to driving through Point Piper with drugs in his system earlier that year. O'Keefe had been pulled over while in charge of his Mercedes C200 sedan in January and returned a positive test to meth and was handed a 12-month community release order.

News.com.au
22-04-2025
- News.com.au
Sydney socialite Elisha Dalah saved Andrew O'Keefe during overdose
A Sydney socialite gave former TV host Andrew O'Keefe heroin, then raced to save his life when he overdosed, bombshell court documents have revealed. Elisha Dalah called triple-0 and performed CPR on the former Deal or No Deal host on September 14 at his Vaucluse home when he was suffering from a suspected heroin overdose, the documents said. The 38-year-old gave O'Keefe Narcan, an opioid reversal drug, before clearing the vomit from his nose and mouth, giving him mouth to mouth and then beginning chest compressions. When paramedics arrived, Dalah was still giving him CPR and was 'visibly distressed', police said O'Keefe was taken to St Vincent's Hospital where he was treated and later released, being told he was 'lucky to be alive'. When interviewed by police Dalah admitted she and O'Keefe had consumed cocaine and heroin earlier and that they had organised to buy heroin after being harassed by paparazzi, according to the documents. 'This is my fault,' she told police. O'Keefe was arrested two days after the overdose at his unit and was charged with possessing a prohibited drug. He pleaded guilty in October and was fined $1000. Police said in the documents Dalah made full admissions, and explained O'Keefe had provided the money for the drugs and had asked her to get them. Dalah said she mixed the drugs before the pair took them. Dalah, was charged with one count of supplying a small quantity of heroin, and pleaded guilty to the charge in February. The 38-year-old is the daughter of ex-Elizabeth Bay Marina co-owner Michael Dalah. She is the elder sibling of Fishbowl founder Nathan Dalah, and sister-in-law to his Victoria Secret model wife Georgia Fowler. She appeared at Downing Centre Local Court on Tuesday flanked by her parents as she narrowly avoided a prison sentence for the supply charge. Her solicitor Carla Velasquez asked Magistrate Rosheehan O'Meagher for a Section 10 application. Ms O'Meagher told the court a message needed to be sent to the community in terms of the seriousness of the offence. 'The maximum penalty for this offence in the district court is 15 years in prison … in the local court it is capped at two years,' she said. 'That shows you how serious an offence this is and it is treated as so because of the serious consequences of drug supply in terms of serious health implications … which I am sure you are aware of.' Ms O'Meagher convicted Ms Dalah of the charge, but said the socialite had already served her punishment after spending four and a half months in custody ahead of sentencing. She has also been attending a rehabilitation program which she continues to attend as an outpatient and will attend 'for as long as possible', the court was told. 'You've learnt some things … but looking at your record … we need you to get the message that if you keep offending you will end up in jail, and I don't think that's a life you want for yourself,' Ms O'Meagher said. Ms Dalah was convicted and will not receive any further penalty. The 38-year-old also avoided jail after being caught stealing luxury face creams and designer clothing from a Westfield shopping centre in July 2022. She was instead sentenced in 2023 to a 20-month intensive correction order and 200 hours of community service for two counts of larceny over the incident, and ordered to pay a $500 fine for entering Westfield Bondi Junction while banned.


Perth Now
22-04-2025
- Perth Now
Jail threat to socialite banned from Westfield
A socialite once banned from Bondi Junction Westfield has been warned she could 'end up in jail' if she does not change her ways, as she was convicted of heroin supply. Elisha Dalah, 38, is the daughter of ex-Elizabeth Bay Marina co-owner Michael Dalah. She is the elder sibling of Fishbowl founder Nathan Dalah, and sister-in-law to his Victoria Secret model wife Georgia Fowler. She appeared at Downing Centre Local Court on Tuesday flanked by her parents as she narrowly avoided a prison sentence for supplying a small quantity of heroin in September 2024. Ms Dalah had pleaded guilty to the charge in February, and has spent time in a rehabilitation program ahead of her sentence. Socialite, Elisha Dalah has been warned she could 'end up in jail' if she does not change her ways. NewsWire / John Appleyard Credit: News Corp Australia Ms Dalah was convicted but did not receive a custodial sentence after pleading guilty to supplying a small amount of heroin. NewsWire / John Appleyard Credit: News Corp Australia She sat quietly in court on Tuesday, supported by her mother and father. Her solicitor Carla Velasquez asked Magistrate Rosheehan O'Meagher for a Section 10 application. Ms O'Meagher told the court a message needed to be sent to the community in terms of the seriousness of the offence. 'The maximum penalty for this offence in the district court is 15 years in prison … in the local court it is capped at two years,' she said. 'That shows you how serious an offence this is and it is treated as so because of the serious consequences of drug supply in terms of serious health implications … which I am sure you are aware of.' Ms O'Meagher convicted Ms Dalah of the charge, but said the socialite had already served her punishment after spending four and a half months in custody ahead of sentencing. She has also been attending a rehabilitation program which she continues to attend as an outpatient and will attend 'for as long as possible', the court was told. 'You've learnt some things … but looking at your record … we need you to get the message that if you keep offending you will end up in jail, and I don't think that's a life you want for yourself,' Ms O'Meagher said. Ms Dalah was convicted and will not receive any further penalty. The 38-year-old also avoided jail after being caught stealing luxury face creams and designer clothing from a Westfield shopping centre in July 2022. She was instead sentenced in 2023 to a 20-month intensive correction order and 200 hours of community service for two counts of larceny over the incident, and ordered to pay a $500 fine for entering Westfield Bondi Junction while banned.