Are you thinking what I’m thinking? Who the f**k is Kevin O’Leary?
Do you find yourself often running low on funds by the end of the week, scraping by until the next paycheck arrives? It’s probably because you’re a millennial and you make “stupid” decisions. That’s what Kevin O’Leary thinks anyway. The Canadian businessman and Shark Tank star told CNBC that he believes young people throw their money away on overpriced coffee for starters. “$4 coffee. Incredibly stupid,” the one time Conservative party leadership candidate says, adding, “Look, I know I’m going to get hate mail from all the coffee brands, but coffee costs 18 cents to make yourself. Until you have savings and have paid off your college debt, do not buy a $4 coffee, I forbid you.”
O’Leary also feels that people could save up to 10% of their salaries just by cutting that expensive cup of Joe and keeping their wardrobe down to no more than four pairs of shoes and three pairs of jeans.