These Tips from Frugal Celebrities Show You Can Be Rich and Tight with Money at the Same Time
Celebrities oftentimes automatically receive the bad rep of spending what seemed to be their gazillion earnings frolicking on expensive getaways, swimming in gold, wearing thousands of dollar-worth of designer clothes, or just casually driving around town with the ride that cost an arm and a leg – which is why it’s not a shocker to hear certain personalities going bankrupt after their short stint in the limelight. Although this may be true for some, we certainly should not generalize.
These celebrities prove that being a big star doesn’t generally mean being a big spender. In fact, there is a list of frugal ones who have wise words we can live by, which speaks more about the reality that it boils down to money management habits regardless of the income. Here are some important tips from them:
Grammy Award-winning singer Ed Sheeran is touted as one of the richest musicians in his home country, which isn’t surprising at all. In fact, he was included in Forbes’ 100 highest paid entertainers in 2018, thanks to his chart-topping songs that are a sure-fire hit among the audience.
With a rags-to-riches story, you would think he let the fame get to his head and spend every day like his last, but no. Thanks to his inspiring background, the 28-year-old knows how to value money.
In fact, even with loads of cash Ed rakes in, he still lives with an allowance of $1,000, a chunk of which he uses on taxis, which means you can still limit your overall expenses by giving yourself an allotted amount to spend. That’s not all, the down-to-earth and practical lad still uses his bank account from his teenage years!
Kristen Bell has an impressive filmography, which includes the 2013 Disney animated movie “Frozen,” where she voiced Anna, the highest-grossing animated picture. That said she obviously has garnered a substantial amount of money for her works but that doesn’t mean she lives for caviar dreams. In fact, the 38-year-old is a fan of couponing, citing Bed Bath & Beyond as her favorite.
That’s not all, amid the lavish celebrity wedding left and right, Kristen proudly revealed she was only set back by $142 when she tied the knot with Dax Shepard. Mvelopes president Christopher Tracy said we can learn so much from the actress because, despite the pressure to celebrate grandly, she showed that you can spend less and focus on the event itself.
Caliber actor Leonardo DiCaprio starred in so many hit films like “Inception” and the ever famous “Titanic,” therefore, he earned so much that he can basically spend on anything he wants. However, best believe that he doesn’t drive a luxury vehicle but just a Toyota Prius, which saved him a lot of money. The bottom line is, it does the same job of getting him to places without having to spend too much for an expensive car.
More in Financial Adviser
Don’t Mess with George Clooney! Actor’s Impersonator Who Stole Millions Now Behind Bars
Being so popular that people all around the globe recognize you sounds like the absolute dream. Hollywood fame is quite the phenomenon,...August 13, 2019
A Saudi Prince Just Spent a Staggering $52 Million on This Mega-Mansion!
There’s no doubt that California has become a popular state among the powerful and affluential who’re pouring millions into homes many would die for....August 13, 2019
These Celebrities Show That You Can Be Successful in YOUR Businesses Too
Stardom is oftentimes associated with glitter and gold. Although this may be true to some extent, celebrities are well aware that...August 13, 2019
The Smart Investments Which Have Made Bill Gates a $100 Billion Man
Bill Gates belongs to the exclusive group of extremely rich people around the world thanks to the highly successful global company...August 13, 2019
Here’s Why Taylor Swift Has Become a Very Important Figure in the Tennessee LGBTQ Community
Taylor Swift, the legendary musician, is no stranger to controversies. However, we still cannot forget the fact that she is a...August 13, 2019
Wendy Williams Partners with New Foundation Following Her Devastating Split from Cheating Husband
Just like her marriage to Kevin Hunter, Wendy Williams’ charity organization, The Hunter Foundation, has also now been dissolved. Wendy Williams shocked...August 13, 2019
You Would Be Surprised to Know The Worth of Jay Leno’s Famous Car Collection
Many people know that Jay Leno, who is the well-known former host of The Tonight Show as well as a standup...August 13, 2019
All the Amazing Features That Make Blake Griffin’s House Worth the $11 Million Price Tag
Selling a house is a lot of work, especially if your house is priced at a whopping $10.995 million. Unfortunately, the...August 13, 2019
Jeff Bezos Might be a Multi-Billionaire, But He Refuses to Spend Because of This Surprising Reason
When you think about all that you would want to do if you had a billion dollars, we bet your list...August 13, 2019