Shark Tank judge Kevin O’Leary, known for his no-nonsense approach to finance, has stirred up a storm of reactions with his latest advice on Instagram. In a video clip shared last week, O’Leary, famously dubbed “Mr. Wonderful,” criticized the everyday spending habits of workers, particularly on coffee and lunch.
“Stop buying coffee for $5.50. You got to work and spend $15 on a sandwich – what are you, an idiot?” O’Leary declared, emphasizing the high cost of daily indulgences. He suggested that making a sandwich at home for just 99 cents and bringing it to work could lead to substantial savings. “Most people, particularly working in metropolitan cities, are just starting on their job, making their first $60,000, [and they] piss away about $15,000 a year on stupid stuff, and that’s what they should stop doing,” he continued.
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Mixed Reactions to O’Leary’s Advice
O’Leary’s blunt remarks quickly went viral, provoking a range of responses online. Some users supported his perspective. One commenter wrote, “100% agree. I bring my lunch every day not only do you save money it’s one less decision on what to eat, and you eat healthier.”
Others were less impressed. Another user questioned O’Leary’s stance, saying, “Spend millions on watches, but save on coffee?” highlighting a perceived contradiction between his lavish lifestyle and his advice to cut back on daily expenses.
Critics also pointed out the practicalities of O’Leary’s suggestions. One Instagram user remarked, “It’s not 99 cents for a sandwich – food at the store is not free or cheap – bringing your lunch and making coffee at home is less expensive.”
Public Outcry Over O’Leary’s Wealth and Advice
Some responses focused on the perceived hypocrisy of O’Leary’s comments. “I have to chuckle at people who have made a fortune off consumers then tell the consumers not to spend money on the things that made them wealthy,” one user quipped.
Others took a more defiant stance. “Drink that coffee and buy that sandwich, don’t let a rich dude tell you what you can and cannot do with your own money. Nobody telling him what to do with his,” advised another, underscoring a sentiment of personal choice and financial autonomy.
As O’Leary’s advice continues to spark debate, the conversation around daily spending habits and personal finance remains as lively as ever.