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Kevin O’Leary, often referred to as Mr. Wonderful onShark Tank, is famous for his sharp business mind and his straightforward attitude. But his wisdom goes beyond just business, and he has strong opinions when it comes to personal finances too. As people enter new stages in life, like getting married, they often think about combining everything, including their finances, to show trust and commitment.
However, O’Leary has a different perspective. He believes that keeping financial independence in a marriage is key to long-term stability. So, what exactly does O’Leary recommend when it comes to protecting finances in marriage?
How can newlyweds protect their finances according to Kevin O’Leary?
Kevin O’Leary, known for his tough demeanor onShark Tank, has clear advice for newlyweds when it comes to money. He suggests that couples should keep their finances separate. While combining money might seem like a sign of trust, the venture capitalist believes it can cause problems later on.
O’Leary points out that if a couple breaks up and their finances are merged, it can make things complicated. He stresses the importance of having personal accounts and credit cards to maintain financial independence. He added in an interview viaBusiness Insider,“You have to have your own credit track record. Don’t let emotions get in the way of that.”
He also explains that financial problems are a major cause of divorce. If one partner has spending issues or poor financial habits, it can lead to big problems. O’Leary also suggests that couples should not let emotions affect decisions about money and should keep their money separate to avoid these issues. According to him, it’s important to have your own financial identity, especially in tough times.
Without it, people can struggle to get by in a financial system that relies on personal credit and records. O’Leary’s advice goes beyond just his words. He applies the same principles in his own life, insisting on keeping finances separate in his family. He also believes in prenuptial agreements and being honest about money before getting too serious in a relationship.
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For O’Leary, discussing finances early in a relationship is essential. He suggests talking about money on the third date, so couples know about each other’s financial situation and can avoid surprises later.
What’s behind Kevin O’Leary’s $20 billion offer for TikTok?
Kevin O’Leary has made a big offer to buyTikTok for up to $20 billion. He is working with a group of business experts led by billionaire Frank McCourt Jr. to make this deal happen. However, they don’t want TikTok’s algorithm, which is a key part of the app’s success. They are only interested in buying the platform itself.
O’Leary and McCourtare confident about their offer. O’Leary said viaYahoo,“We want to make it clear… that we are a buyer.”He added that they are ready to put up the money, even without the algorithm by adding,“We’re prepared to put up as much as $20 billion, and we don’t need the algorithm. We don’t want the algorithm.”
McCourt, who once owned the LA Dodgers, agrees with O’Leary and said,“There’s a deal to be made here so that US TikTok can stay in business.”They want to make sure TikTok stays active, especially for its 170 million users in the U.S. TikTok’s future in the U.S. is uncertain because the Supreme Court is deciding on a law that could force the app to be sold or banned by January 19 due to concerns over national security.
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Many people worry that banning TikTok could create problems for free speech. O’Leary is also working with President Donald Trump, who had initially pushed for a TikTok ban but changed his mind. O’Leary even filed a legal request asking the Supreme Court to delay the law so they could have more time to find a buyer.
Sakshi Singh
Articles Published :1434
Sakshi Singh has written over 1,300 entertainment articles, mostly about Netflix shows and reality TV. She’s spent the last two years covering everything from surprise engagements to shocking eliminations and previously wrote for Essentially Sports in their Netflix Junkie division. A self-proclaimed reality TV addict, Sakshi has watched all 48 seasons of Survivor and never misses a new dating or competition series. She loves watching how strangers meet, fall in love, team up, or betray each other - it’s the mix of strategy and drama that keeps her hooked. When she’s not glued to a reality show, she’s usually watching a crime thriller or tracking the next big streaming hit.
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