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Mark Cuban is known for his business acumen, but that’s not all he’s famous for. The billionaire investor and former “Shark Tank” star also has a good sense of humor, which he displayed when discussing financial matters (and his life philosophy in general) with Forbes a while ago.
When asked what exactly he would do with the $100,000 deposited in his bank account, Cuban jumped in. his answer With some solid budgeting advice – eliminating all outstanding debt – before getting into the proverbial weeds with her follow-up.
“Then I try to create as much transaction value as possible from that cash. I look at my annual budget for everything and anything, and look to see where I can save the most money on those items,” Cuban began. He adds, “From toothpaste to soup, or anything else I use a lot, saving 30% to 50% when buying in bulk — that’s the best guaranteed return on investment you can get anywhere.”
What to do with the rest of this inheritance? Why, leave it in the bank, of course. Cuban said that by keeping his cash assets nearby, he can continue to take advantage of any big spending opportunities that come his way.
This kind of thinking seems timeless, and can appeal to a wide variety of people from different walks of life: from preppers to homesteaders, and from coupon-clippers to the always frugal, super-savers of all types can only identify with the idea of saving hard-earned dollars by scoring deep deals on household essentials that don’t easily expire.
Mark Cuban: Still a fan of stocking up on essentials to save money
It also does not seem that Cuba’s situation has changed much in the intervening years. And while his latest soap and toothpaste-centric (not soup and toothpaste this time) advice wasn’t based on deep discounts — but rather around President Donald Trump’s tariffs — it remained on-brand for the billionaire.
“Now it’s not a bad idea to go to the local Walmart or big box retailer and buy a lot of consumables,” Cuban written on bluesky In April 2025, as Trump’s tariffs began to take effect.
“Anything you can find storage space for, from toothpaste to soap, buy them before the inventory replenishes,” he said, hinting that retail inventory pull-forwards can only keep U.S. consumers safe for so long before price increases become a reality.