For most Americans, saving money (or at least trying to) is a financial priority: It means a safety net in the event of an emergency expense, and funds set aside for vacations, birthdays, or holidays and longer-term goals like housing deposits or family milestones.
Barbara Corcoran has never subscribed to this idea. In fact, she’s “never saved a dime in [her] life.”
The Shark Tank star has shared on many occasions her ethos when it comes to money—that if she spends money, it will eventually make its way back to her.
Last week, an episode of the Burnouts podcast, hosted by Phoebe Gates (daughter of Microsoft cofounder Bill Gates) and her business partner Sophia Kianni, featuring Corcoran was released. Corcoran, who made her millions as a real estate mogul, told the pair: “I don’t believe in saving money.”
