"Don't spend it": Shark Tank's Kevin O'Leary opens up about his "money advice" that he gives to his kids

Shark Tank's Mr. Wonderful, aka Kevin O'Leary, shared a video clip via Instagram on June 7, 2025. Wearing his iconic black suit, he shared his "best money advice," which he often gives to his children.

Fans who have been following the investor must know how he shares such valuable advice, tips, and more. In his most recent social media post, he talked about saving and investing money. Before that, he mentioned not to "spend" it, and let it be safe for the investment.

The Shark Tank mentor discussed taking 15% from paychecks and side hustles, and investing the money. He also mentioned that whenever Granny gives money, it should be put in the "market."

"What piece of advice do I give my kids over and over and over again about money? Don't spend it, save it, invest it. Let it compound, that's the gift the market gives you. Take 15% of all your paychecks, all your side hustle. Any cash granny gives you, and put it in the market and just let it compound."

Shark Tank's Kevin O'Leary shares his best advice on investing money, including what he suggests his children

Shark Tank mentor Kevin O'Leary recently shared his advice on finances and saving, referring to it as the "best piece of advice" he would give to anyone.

O'Leary Ventures chairman revealed that he would tell his kids "over and over again" to "save it." He said that the money needs to be invested and not "spent." Letting it "compound," the money will result in a gift, in the form of compound interest.

While sharing the advice, Kevin also mentioned that it should be 15% of your paychecks and side hustles. For example, he suggested that if an individual earns an average salary of $68,000, they should save 15% of their income throughout their life. By doing so, the individual would end up being a millionaire by the time they retire.

For those who want to become a millionaire by the age of 65, Kevin O'Leary suggests starting to save:

"If you make $68,000 a year, the average salary, and you do this your entire life, just 15% of your paycheck, they'll end up a millionaire retirement at 65."

He concluded the video by urging everyone not to buy stuff they don't need. Instead of it, he suggested to "invest it" and called it the best piece of advice he could offer anyone.

Fans must know that Kevin often shares financial tips that can help everyone achieve a better and more secure future, financially.

In another post, shared on June 4, 2025, Kevin stated:

"Profit is the loudest applause your business will ever get. If it's silent, you've got a problem."

By that, he meant for entrepreneurs to forget the hype and ignore the noise that comes with it. He stated that if a business does not deliver you profits, then there's a chance that it's just a "hobby."

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For such financial tips from the Shark Tank mentor, fans can follow Kevin O'Leary via his Instagram @kevinolearytv.

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