Kevin O'Leary Urges Cutting $18 Lunches and Saving 15% of Income to Build Wealth

2 articles · Updated · Benzinga · Jun 24

O'Leary said routine spending like an $18 bought lunch can quietly erode wealth, arguing a $2 homemade alternative can free up thousands of dollars a year.
His broader rule is to save and invest at least 15% of income, framing that discipline as a defense against lifestyle creep as earnings rise.
At a $50,000 salary, investing 15% annually at an 8% long-term return could grow into a seven-figure portfolio over several decades through compounding, he said.
The message shifts wealth-building away from stock picking toward consistent habits, with financial advisors potentially helping households turn those savings into a durable plan.