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Howie Mandel: Don't Waste Your First Big Paycheck!
12 Jan
Summary
- Mandel advises spending money wisely, not on frivolous items.
- He suggests making money work for you through investments.
- Mandel will host a special AGT Comedy Showcase audition.
Howie Mandel, a seasoned judge on "America's Got Talent," has issued a stark warning to emerging entertainers regarding their financial decisions. He emphasizes that the most significant pitfall after securing their initial substantial earnings is succumbing to the temptation of excessive spending.
Mandel advocates for a proactive approach to wealth management, urging new stars to make their money work for them. He often references "Rich Dad, Poor Dad" and suggests investing in assets that appreciate in value, such as real estate, to generate passive income.
In addition to his financial advice, Mandel is actively involved in fostering new talent. He recently announced an "AGT" Comedy Showcase at Hollywood's Laugh Factory, providing comedians with an exclusive audition avenue for the show's upcoming season, aiming to showcase their craft in a live audience setting.
