Barbara Corcoran’s Top 8 Tips That Will Save You From Financial Disaster

Barbara Corcoran’s Top 8 Tips That Will Save You From Financial Disaster

Laura Beck  Fri, June 6, 2025 GOBankingRates   

Barbara Corcoran is largely known for her role as one of the most powerful investors on ABC’s “Shark Tank.” But do you know how she made a lot of her money?

Well, as a matter of fact, Corcoran built her wealth thanks to her wildly successful real estate career. She has been wheeling and dealing on the national stage for quite some time, and she has learned a thing or two about money along the way.

Corcoran’s financial advice comes largely from her experience and what she knows best: real estate and money management. If you’re looking for help with either, check out Corcoran’s eight top tips to help you succeed.

Buy a Home as Soon as You Can

When it comes to financial markets that can grow your wealth, Corcoran believes in getting into the real estate housing market early.

“I think the sooner you get in the market, the sooner you have a chip in the game. You can trade up,” she said.

She says it’s always a good time to buy, because even if the market feels high now, house prices usually go up in the long term. If volatile economic activity as of late is any indication, you might want to get your financial assets lined up so you can heed her advice.

Don’t Wait for Interest Rates To Drop

While many people are waiting for financial institutions to lower interest rates before buying a home, Corcoran warns against this strategy. She believes that when rates do drop, there will be a rush to buy, driving prices up by 10% to 20%.

Her advice: Don’t wait — act now.

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