Mark Cuban’s 9 Rules for Getting Rich

Heather Taylor

Sun, February 22, 2026 at 10:00 PM GMT+9 4 min read

Who doesn’t want to be a little bit richer today than they were yesterday? However, though he may suffer from wealth bias, self-made entrepreneur, money expert and “Shark Tank” star Mark Cuban said getting rich is all relative. He said there are certain things you need to do to put yourself in a position to get rich.

If you’re curious, here are Cuban’s nine rules for getting rich.

1. Live Like a Student

When you get your first cool job that pays well, it’s not unusual to want to spend more money. In the early years of his career, Cuban recalled seeing cool cars he wanted but “fortunately” continuing to keep driving his old car.

Those who live like students can avoid living beyond their means. They avoid lifestyle creep, which is defined as spending that increases as your income rises. Make money moves like Cuban by driving a reliable old vehicle instead of spending all your money buying a new car. Living like a student allows you to put your money toward reaching your short- and long-term financial goals.

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2. Don’t Use Credit Cards

Cuban personally recalled using credit cards to the point where he was being called by debt collectors. If you can’t use cash, it’s better to use a debit card to keep from accruing any credit card debt.

3. Save 6 Months’ Worth of Income

Generally, the rule of thumb for an emergency fund is to set aside three to six months’ worth of savings. However, Cuban recommends erring on the side of saving more money than less money.

No matter what happens in your current line of employment — whether you experience a layoff or decide to quit your job — Cuban said you will need at least six months’ worth of income saved up.

4. Put Savings Into SPX Mutual Funds

SPX, if you don’t know what it means, refers to the S&P 500 index. If you’ve made every money move listed so far, Cuban recommends putting some of your savings into the cheapest SPX mutual fund you can find.

5. Invest Up To 10% in High-Risk Investments

If you’re a true adventurer, Cuban said you might take 10% of your money and put it into a high-risk investment.

However, Cuban added that those who invest in high-risk investments need to pretend they already lost their money. This is why Cuban limits the amount to 10%.

“It’s like collecting art or baseball cards… something’s worth what somebody else will pay,” said Cuban.

6. Buy Consumables in Bulk and on Sale

Stock up if you see a sale on everyday necessities. Cuban used the example of a sale on toothpaste, which is something we all use regularly every day. If you see a 50% sale on toothpaste, Cuban said you’re better off buying two years’ worth of toothpaste because it’s an immediate return on your money.

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“Any of your consumables you have to have, when they’re on a huge sale on Amazon, buy them,” said Cuban. “Chances are, their prices are going to go up but that’s a real savings you get to put in your pocket.”

7. Negotiate Using Cash

Negotiating with cash, Cuban said, is a far better way to get a return on your investment.

8. Read Books

Cuban, who enjoys visiting and browsing through bookstores, said he reads for hours every day. Doing so allows him to find one little idea that can propel him to the next level.

He also believes in spending money on books. “If there’s something that caught my eye and I thought it could give me one idea, to spend $30 to get one idea that could help propel me, make my businesses better, it was a bargain.”

9. ‘Nice Works’

Finally, Cuban’s last rule for getting rich is to be genuinely nice. When you show you care and are empathetic to those around you, you’ll get more results.

“The one thing in life you can control is your effort,” said Cuban. “Work hard.”

Caitlyn Moorhead contributed to the reporting for this article.

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This article originally appeared on GOBankingRates.com: Mark Cuban’s 9 Rules for Getting Rich

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