Billionaire Mark Cuban emphasizes the importance of holding cash, describing it as essential for staying prepared and agile in financial decisions. Recounting his own experience of frugality and liquidity from his early days, he advises minimizing expenses, avoiding debt, and having cash ready for opportunities. Cuban argues that cash buys time and choice, and he continues to practice this principle today. The message is about financial freedom through readiness, not fear. Follow Benzinga for more insights on smart money management.
Category
🗞
NewsTranscript
00:00Billionaire Mark Cuban says cash is king.
00:02Forget what you've heard about cash just sitting there.
00:05Cuban says holding real, ready-to-use cash is how you stay in the game.
00:09It's not about hoarding. It's about not rushing.
00:11It's about being ready when the moment hits.
00:13Back when Cuban was sleeping on the floor, eating mustard sandwiches,
00:16this was the playbook.
00:18Save hard.
00:18Spend little.
00:19Stay liquid.
00:20No credit cards.
00:21No flexing.
00:22No chasing hype.
00:23Because when the right deal shows up or the market drops,
00:26you can move fast while everyone else scrambles.
00:28This isn't fear.
00:30This is freedom.
00:31Cash buys you time.
00:32Cash buys you choice.
00:33Cuban still follows that rule today.
00:35And it's why cash stays on the throne.
00:38Follow Benzinga for more stories about money moves and playing it smart.