While it may seem impossible to stop your morning ritual of stopping by your neighborhood coffee shop for a quick caffeine fix before work, Shark Tank star Kevin O’Leary claims it’s small expenditures like these that cause individuals to go into debt.
On a recent episode of the Erika Taught Me podcast, which is hosted by lawyer and financial influencer Erika Kullberg, O’Leary declared, “Stop getting coffee for $5.50.”
“I can spend a day walking through with anyone and tell you that they’re wasting fifteen percent or even twenty percent of their earnings on stupid stuff.”