{"id":152229,"date":"2025-06-02T13:50:11","date_gmt":"2025-06-02T13:50:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/152229\/"},"modified":"2025-06-02T13:50:11","modified_gmt":"2025-06-02T13:50:11","slug":"grant-cardone-says-if-you-want-to-get-out-of-the-middle-class-you-need-to-quit-saving-money-buying-homes-or-borrowing-for-college","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/152229\/","title":{"rendered":"Grant Cardone Says If You Want To ‘Get Out’ Of The Middle Class, You Need To Quit Saving Money, Buying Homes, Or Borrowing For College"},"content":{"rendered":"\n

Entrepreneur and real estate mogul Grant Cardone<\/strong> is sounding off on the financial habits keeping Americans stuck in the middle class. In a recent appearance<\/a> on \u201cMy View with Lara Trump\u201d on Fox News, Cardone laid out a roadmap to financial freedom that goes against conventional wisdom\u2014and popular personal finance gurus like Dave Ramsey<\/strong>.<\/p>\n

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\u201cMiddle class is mythology,\u201d Cardone said, adding that inflation, high mortgage costs<\/a> and rising food prices are crushing working families<\/a>. \u201cMy encouragement to the middle class is get out of it. Once again, move yourself up so there\u2019s prosperity and abundance\u2014and not just putting everything on a credit card in life.\u201d<\/p>\n

Cardone, who was raised by a single mother, said he\u2019s been through it and wants people to rethink the old advice. He argued that the reason most people are financially stuck is because they\u2019re doing what they were told to do: save money, buy a house, save for retirement and borrow for college. He says those strategies simply don\u2019t work anymore.<\/p>\n

\u201cThe middle class has been left behind because they\u2019ve been saving money and doing the right things\u2014and it\u2019s not working,\u201d Cardone said.<\/p>\n

Trending: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey \u2013 no cost, no obligation<\/strong><\/a>.<\/strong><\/p>\n

Instead, he said people should start doing what the wealthy do. That includes using tax advantages, making smart investments, and not leaving money sitting in a savings account. \u201cActually put money to work,\u201d he said. \u201cThat\u2019s why I\u2019m excited about President Trump. I\u2019ve reduced my tax bill as low as I could, and you should too.\u201d<\/p>\n

Cardone praised President Donald Trump\u2019s<\/strong> policies for giving business owners room to grow. \u201cIf you\u2019re an entrepreneur, you need incentives, rewards to take those risks,\u201d he said. He contrasted that with his experience in California, where he says taxes and regulations punished him every time he tried to expand.<\/p>\n

Story Continues <\/p>\n

Cardone also pushed back on the idea that financial struggles are purely individual failings. \u201cIf a mass group of people suffer from the same thing, it\u2019s not their fault anymore,\u201d he said. \u201cIt\u2019s because they\u2019ve all been taught the same thing.\u201d<\/p>\n

He called most Americans financially illiterate \u201cby design\u201d and said the solution is to reeducate people with strategies that actually build wealth.<\/p>\n

See Also: Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you<\/strong><\/a>.<\/strong><\/p>\n

Cardone’s message runs counter to the kind of advice pushed by financial figures like Dave Ramsey, who encourages people to stay out of debt<\/a>, buy homes, and save for emergencies. Instead, Cardone believes those old strategies are part of the problem\u2014and not the way out.<\/p>\n

\u201cWe need to re-indoctrinate people to what wealthy people do,\u201d he said. \u201cUse tax advantages<\/a> and make good investments.\u201d<\/p>\n

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Image: Shutterstock<\/strong><\/p>\n

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This article Grant Cardone Says If You Want To ‘Get Out’ Of The Middle Class, You Need To Quit Saving Money, Buying Homes, Or Borrowing For College<\/a> originally appeared on Benzinga.com<\/a><\/p>\n

\u00a9 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"Entrepreneur and real estate mogul Grant Cardone is sounding off on the financial habits keeping Americans stuck in…\n","protected":false},"author":2,"featured_media":152230,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3093],"tags":[51,16918,474,64913,64911,64912,4879,2499,1551,22984,4880,16,15],"class_list":{"0":"post-152229","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-dave-ramsey","10":"tag-finance","11":"tag-financial-freedom","12":"tag-grant-cardone","13":"tag-lara-trump","14":"tag-middle-class","15":"tag-personal-finance","16":"tag-president-trump","17":"tag-saving-for-retirement","18":"tag-saving-money","19":"tag-uk","20":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114614096571701971","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/152229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=152229"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/152229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/152230"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=152229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=152229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=152229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}