What If Everything You Learned About Money Was Wrong?
Grant Cardone says the middle class is a myth—here’s why he might be right.
Why Grant Cardone Says the Middle Class Is a Trap—And How to Escape It
In a recent interview on Fox News' "My View with Lara Trump," entrepreneur and real estate investor Grant Cardone laid out a controversial yet compelling argument: if you want to break free from the financial limits of the middle class, you need to stop playing by its rules.
From rejecting traditional savings advice to skipping homeownership and even reconsidering college debt, Cardone says most Americans have been fed outdated financial strategies that no longer work in today's economic reality.
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The Myth of the Middle Class
“Middle class is mythology,” Cardone declared, pointing to rising inflation, crushing mortgage costs, and soaring food prices as proof that conventional financial advice is failing everyday Americans.
"The middle class has been left behind because they’ve been saving money and doing the right things—and it’s not working," he said.
Rather than climb a ladder built on outdated advice, Cardone urges people to recognize that true financial growth comes from changing the game entirely.
Stop Saving, Start Investing
One of Cardone’s boldest claims is that saving money won’t make you wealthy—investing will.
"Actually put money to work," he said. Instead of letting cash sit in savings accounts earning minimal interest, Cardone recommends channeling funds into investments that generate returns. That includes real estate, business ventures, and other income-producing assets.
He emphasized that the wealthy reduce their taxes, leverage smart investments, and never let their money sit idle. “That’s why I’m excited about President Trump. I’ve reduced my tax bill as low as I could, and you should too.”
The Case Against Homeownership and College Debt
Cardone also challenges the belief that buying a home and borrowing for college are good financial moves.
Why? Because both tie up capital and often don’t produce the return on investment people expect. Homes can be money pits, and college degrees don’t guarantee high-paying jobs—especially when paired with tens of thousands in student debt.
Instead, Cardone suggests focusing on financial mobility and flexibility. That could mean renting instead of owning, skipping college in favor of entrepreneurship, or investing early rather than saving for a distant retirement.
A New Perspective on Financial Literacy
Cardone argues that most Americans are financially illiterate—and not by accident.
“If a mass group of people suffer from the same thing, it’s not their fault anymore,” he explained. “It’s because they’ve all been taught the same thing.”
His solution? Re-educate yourself using the strategies of the wealthy. Learn how to leverage tax advantages. Understand the difference between assets and liabilities. Stop budgeting for scarcity and start strategizing for abundance.
Why His Advice Clashes With Mainstream Gurus
Cardone’s advice often contradicts that of mainstream financial figures like Dave Ramsey, who advocates for debt-free living, homeownership, and saving for emergencies.
But Cardone says those strategies are exactly what's keeping people stuck. He believes wealth isn’t built by being cautious—it's built by being bold, strategic, and proactive.
“We need to re-indoctrinate people to what wealthy people do,” he said. “Use tax advantages and make good investments.”
A Bold Path to Financial Freedom
Whether you agree with Grant Cardone or not, his advice forces us to question long-held beliefs about money. In a world where economic rules are rapidly changing, clinging to outdated strategies could be holding you back more than helping you.
His message is clear: don’t aim to stay in the middle—aim to break out of it.
It may not be the traditional path, but for those seeking real financial freedom, it might just be the wake-up call they need.