Kevin O’Leary Says One Daily Routine Matters 100% for Saving Money
Kevin O’Leary Says One Daily Routine Matters 100% for Saving Money
Heather TaylorSun, April 5, 2026 at 12:00 PM UTC
0
Many millionaires have morning routines they swear by as contributing factors to their wealth-building success. They might wake up at 4 a.m., take an ice-cold shower or meditate before they start their day.
"Shark Tank" investor Kevin O'Leary's morning habit, however, not only sets the tone for his day, but saves him money. Keep reading to find out which practice allows "Mr. Wonderful" to keep more of his cash.
For You: Jaspreet Singh Warns of 7 Wealth Killers & Gives Tips on How To Handle Them
Discover Next: Start Growing Your Net Worth With Smarter Tracking
What's the Secret?
In an interview with CNBC Make It back in 2022, O'Leary said he wakes up between 5 a.m. and 5:30 a.m. to work out on his elliptical bike. While riding, he spends an hour getting caught up on the news.
According to O'Leary, reading the news is an investment in information. He told the publication that this habit is critical for making good decisions. Failing to do so can easily result in expensive mistakes.
"If you make decisions without relevant information, I guarantee you, you will lose money 100% of the time," O'Leary said.
What O'Leary Is Reading
So, what's on O'Leary's reading list? His morning routine covers reading news articles, watching global news broadcasts and sourcing research from banks with an emphasis on peer-reviewed academic and scientific research.
Advertisement
O'Leary prefers watching early morning broadcasts from Asia and Europe because their markets open earlier than Wall Street. Covering each of these mediums ensures he's able to stay up to date on current events and global markets daily. Diligent readers, he said, will notice about five to seven recurring themes each morning of news occurring globally.
The Key Is Fact-Checking
O'Leary is careful to thoroughly read the news. Rather than seek out a quick summary by reading a headline or a brief caption included in a social media post, he takes the time to source all information daily.
"The way you remain successful is by turning yourself into a good filter," O'Leary said. He added that being a discerning filter helps him to better understand which news stories are real versus those that aren't.
In his role as a discerning filter, his fact-checking strategy includes watching clips from BBC news broadcasts and comparing them to headlines from domestic news outlets. If a story doesn't have several reputable sources to back it up, he discards it.
Similarly, there's one type of headline O'Leary won't read: Clickbait. He told CNBC he steers clear of articles with "outrageous headlines" in the mornings.
What Time Does O'Leary Read the News Again?
Once he's done reading and fact-checking the news in the morning, O'Leary doesn't check the news again until around 4 p.m. O'Leary said he waits because he thinks it's more efficient to focus on doing your tasks in the middle of the day. Those who take 60 minutes each morning to consistently gather their information from reputable sources better position themselves to efficiently take on the day's tasks.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
More From MoneyLion:
Discover Side Hustles To Grow Your Earnings and Make More Money
Here's the Secret to Making $142K a Month From Amazon
Don't Waste Your Money on These 7 Costco Clothing Items
Stop Guessing and Start Seeing Your Real Net Worth
Source: “AOL Money”
