Mobius: Saving cash and strictly avoiding debt is key to wealth
Mark Mobius · Millionaire Investor On PM Modi, India Opportunity, & Wealth Creation | Mark Mobius | Neon Show · Oct 23, 2024 · at 3:00
Veteran emerging markets investor Mark Mobius explains the core financial lessons he learned from his working-class parents.
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“One of the secrets I believe to becoming wealthy is learning how to save and not borrowing. I remember my father and mother always said, never borrow. If you're going to buy something earn the cash, save, and then buy, but don't borrow.”
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