1k
499
0
199
388
3471Shaq’s wealth and spending habits might sound like a dream to most of us, but even he admits that having 40 cars and 5 houses isn’t always what it’s cracked up to be.
And there’s an important lesson in that for all of us.
Make sure you stay until the end to hear what Shaq has to say about his biggest financial regrets—and how his advice can help us make better decisions with our own money.
So, let’s start with what happened. In a recent podcast, O’Neal talked about his impressive lifestyle—mentioning, almost in passing, that he owns 40 cars and 5 houses.
But here’s where it gets interesting: he doesn’t even know why! Let’s hear him out:
Shaq was refreshingly honest, saying that, looking back, he thinks some of his spending wasn’t all that wise. And that’s surprising, considering this is a guy who’s made an estimated $700 million throughout his NBA career and beyond.
Recently, Shaq also shared some insights into his real estate investments, including his $12 million luxury condo in Mexico City.
Now, for most people, a condo like that would be a major upgrade. But for Shaq? It’s surprisingly modest.
In his own words, he “kept it small” because he doesn’t spend a lot of time there.
He joked, “I don’t really come here a lot,” so he figured, why go overboard?
The condo might be smaller compared to his other properties, but it’s still filled with luxury—featuring a personal chef, sleek interiors, and a breathtaking view of Mexico City.
Let’s check it out:
Now, why does this matter? Well, Shaq’s transparency about his spending is something we don’t often hear from other celebrities.
It’s easy to see the flashy cars, the mansions, and the glamour, but Shaq is reminding us that these things don’t necessarily bring true happiness or financial stability.
He even admits that having so many cars and multiple houses wasn’t the smartest move.
He emphasized the importance of saving money and avoiding unnecessary spending—advice he says he wishes he followed earlier in his career.
In fact, in a 2024 interview with CNBC, Shaq shared one of his key money lessons: “It’s not about how much you make; it’s about how much you keep.”
And also, “Save, save, save. Put away a piece of every paycheck, even if it is only 50 or 100 dollars, it will add up throughout the year.”
Now, these are some simple yet powerful messages. He also recommended saving as much as 75 percent of your earnings, which might sound ambitious, but the core idea is to make saving a priority, no matter what you earn.
If everyone at least tried putting away small, consistent savings—how much more secure could our futures be?
And speaking of security, make sure you stick around, because up next, we’re diving into how Shaq’s biggest regrets can help us all make better decisions today.
So, what can we learn from Shaq’s experience? One major takeaway is the importance of financial discipline.
Shaq openly admits that early in his career, he made some rookie mistakes—like blowing through 1 dollars million in a single hour after signing his first big contract.
Now, he looks back and realizes how much more effective he could have been if he had prioritized saving and investing wisely from the start.
He says he didn’t understand the importance of keeping his spending under control, and that led to some regrets.
Shaq’s story is also a powerful reminder of what really matters in life.
Despite his fame, fortune, and impressive assets, Shaq has spoken openly about his personal struggles—especially the fact that he lives alone in his massive 100 thousand square foot house.
He acknowledges that focusing too much on material things, and you know, being a “serial cheater” ultimately led to losing his family.
Today, his advice is clear: cherish your loved ones, be smart with your money, and don’t make the same mistakes he did.
His message is as genuine as it gets—don’t let the pursuit of wealth make you lose sight of what truly matters.
If Shaq’s story taught us anything, it’s that even the richest people need to focus on what truly matters—family, saving smartly, and staying grounded.
So if you want to take control of your finances, start by making small changes.
Cut back on unnecessary spending, save consistently, and invest in things that matter to you and your future.
You know what, guys, thanks for tuning in today!
Next, check out this story from yesterday about a man who threw out his eight thousand bitcoins into trash and is now suing the local council for 643 million dollars, so they let him dig up the landfill!
And remember, Shaq might have 40 cars, but what he really wishes he had was a tighter grip on what truly matters—family and financial freedom.
Let’s learn from his story and make better choices together. See you next time!
1k4990199
3883471
