Grant Cardone Says His Daughters Have Been Working Since They Were 6 And Make $35,000 A Year — 'No Freeloading In The Cardone Household'

Most parents figure they'll start teaching their kids about money when the time feels right — maybe after their first summer job, maybe after they blow their first paycheck on sneakers. Grant Cardone had a different timeline in mind: age six.

The real estate mogul, who's built a fortune investing in properties — and flipping public opinion with some pretty wild takes, including calling a $400,000 salary "embarrassing" — decided his daughters didn't need to wait for a fast-food gig to learn how the real world works.

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In a TikTok clip posted to his channel this week, Cardone shared just how early he put his daughters, Sabrina and Scarlett, on the payroll. And the caption said it all: "Do not handicap your kids by spoiling them… no freeloading in the Cardone household."

According to Cardone, it all started when the girls — now 13 and 15 — were 6 years old and attending traditional school.

"They were coming home unhappy — ‘so-and-so said this' — and I'm like, ‘dude, let's just pull out of this,'" he said in the video.

"I don't know who these people are. So we started homeschooling. They travel with us everywhere, they're on payroll now, and they have contracts."

Real contracts, real expectations.

"They've been working since they were six," Cardone said. "We put them on payroll. Here's $35,000 a year. There's a contract — sign the contract."

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And it wasn't just an honorary title — his daughters had to actually read the fine print.

"They're looking at the contract like, ‘Oh my God, I gotta do that?' Cause they know you sign that, you're gonna be held to that," Cardone explained.

Once the paperwork was signed, Cardone didn't just hand them cash to burn at the mall.

"I give them $35,000, and then I take $35,000 and put it in Cardone Capital," he said. "So they become investors."

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At first, the girls earned around $200 a month in passive income. If they wanted something — nails, clothes, anything — they had to cover it themselves.

"They want money, they have $200 a month," he said. "So I don't buy their stuff. They buy their stuff and it makes them feel better about themselves."

And if they wanted extras, the answer was just as blunt:

"Papa, I wanna get my nails done."

"Okay, how much is that? 80 bucks. You got your own money. Pay for your own sh*t."

His rule of thumb?

"May as well get used to it at six cause you're going to be doing it until you're 60."

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But is putting your six-year-old on payroll actually legal?

Turns out, it can be — if done right. The IRS allows parents to hire their children for legitimate work as long as the job is appropriate for their age and the pay is reasonable. Kids modeling for company materials, doing social media content, or other real services can all qualify. Just signing them up for a paycheck with no work behind it? That's not going to fly.

In a time when younger generations often get labeled as entitled or allergic to hard work, Cardone is doubling down on a different playbook: start early, set expectations, and let them earn the life they want.

Whether you think it's brilliant or brutal, one thing's clear — freeloading isn't part of the Cardone family business.

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