Episode #12 - Kevin O'Leary won't pay $2.50 for Starbucks
Learn From Us - Investing
English - January 21, 2019 14:30 - 27 minutes - 50.5 MB - ★★★★★ - 20 ratingsEducation Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Paul & Seth talk about how Kevin O’Leary said that he won’t pay $2.50 for Starbucks because of the high mark up. Paul says it is a little hypocritical because Kevin O’Leary will pay a lot for a bottle off wine. The real topic of the podcast is VALUE. Paul says he doesn’t value paying a lot for food but there is other things that he does value.
Paul & Seth dive into the discussion about the millionaire next door & budgets. Seth brings up planning for unexpected expenses. When it comes to real estate investing you will need to have money in reserves for the unexpected maintenance costs.
Paul says that when he tracks his expenses, it will make you spend list and when you spend $ on stuff you will also value it more.
Paul & Seth dive into the discussion about the millionaire next door & budgets.
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