Barbara Corcoran shares her no-savings money philosophy on podcast

4 articles · Updated · Fortune · Apr 27

On the Burnouts podcast hosted by Phoebe Gates and Sophia Kianni, Corcoran revealed she has "never saved a dime" and sold her real estate business for $66 million.
Corcoran explained her belief that spending money brings it back, contrasting her approach with standard financial advice and the current reality for most Americans facing debt and lacking emergency savings.
A recent YouGov survey found 55% of Americans are struggling financially, and 24% have no emergency savings, highlighting the gap between Corcoran's experience and the challenges faced by younger generations.

What specific risks did Corcoran take that most people simply cannot afford to?

With household debt at $18.8 trillion, is a no-savings philosophy dangerously out of touch?

Does dyslexia give entrepreneurs like Barbara Corcoran a superpower for building wealth?

Is 'survival spending' the new, downsized American dream for younger generations?

Who is right about money: the spender who gets rich or the saver who buys independence?