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“Saving 30% to 50% buying in bulk–replenishable items from toothpaste to soup, or whatever I use a lot of–is the best guaranteed return on investment you can get anywhere.”
Read more in a Q&A with Forbes. The quote above is in response to the question: “You have $100,000 – where do you put it?” To which Cuban first responds, quite sensibly:
First I pay off all my credit card debt and evaluate paying off any other debt I have. What I have left I put in the bank.
More young Americans – even those earning between $50,000 and $75,000 – are using payday lenders, prepaid debit cards and other questionable financial services. But there are better alternatives to those “alternatives.”
Nowadays, retailers and manufacturers can’t merely introduce a new product to consumers and call it a day. The way that 7-Eleven is launching “Slurpee Lite,” its new low-calorie drink, shows how a product rollout must be an “event.” This week’s event includes a big Slurpee giveaway.
