3 Pieces of Advice on How to Save Money by Mark Cuban

3Ditch Your Credit Cards

Source:theweek.co.uk

According to him, the first step involves avoiding using credit cards. He says he learned this lesson in a difficult way, having numerous credit cards without being able to pay them off afterward. Moreover, this rich entrepreneur adds that the percent you’re paying in credit card debt turns out to be way more than you might earn. Robert Herjavec, the fellow “Shark Tank” investor, agrees with him on that, saying one should pay off their credit cards every month and pay no interest whatsoever.