Surprisingly Frugal Celebrities – Plunged in Debt

Surprisingly Frugal Celebrities

All of us love studying in regards to the lavish methods during which celebrities spend their cash. A long time in the past we watched it on “Existence of the Wealthy and Well-known.” Then there was MTV’s “Cribs” (which, you may know, is making a comeback.) Plus, after all, there’s each watch-the-lives-of-the-rich actuality present from Kardashians to all the Housewives. However, not all celebrities are spending their cash on costly automobiles and a number of properties. There are some surprisingly frugal celebrities on the market. And people of us with less-than-celebrity-level financial institution accounts might do properly to take some classes from them!

Leonardo DiCaprio

Leonardo DiCaprio

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When you’ve ever perused lists of surprisingly frugal celebrities up to now then likelihood is that you just’ve seen Leonardo DiCaprio’s identify there. The Richest studies that he does have multiple automobile however nearly at all times simply drives the smart Toyota Prius. And whereas he definitely has sufficient cash to fly on non-public jets each time he desires to, he select industrial airline flights as a rule. Being frugal doesn’t imply he’s stingy, although. He’s identified for giving loads again to charity. In fact, there may very well be a tax break in that, which additionally makes it a sensible monetary transfer.

Mel Gibson

The Richest article emphasizes the automobiles that surprisingly frugal celebrities select to drive. In any case, many celebrities instantly use their first paychecks to get actually flashy automobiles. A few of them famously have dozens of six-figure automobiles. And but, Mel Gibson drives a Toyota Cressida.

Dave Grohl

MoneyWise can also be within the automobiles of surprisingly frugal celebrities. Dave Grohl of Foo Fighters drives a small household automobile. He additionally lives in a “simply sufficiently big” home.

Ed Sheeran

In final yr’s article on stars who set good financial examples, we highlighted how frugal Ed Sheeran is. He sleeps on buddy’s couches. He provides himself a small allowance every month. Nonetheless, that doesn’t imply that he by no means spends his cash. As a substitute, he truly spends some huge cash … however solely on issues that he expects to have ROI. He invests in actual property, automobiles, artwork, and a restaurant enterprise. He apparently has greater than two dozen properties.

So, he’s one in all our surprisingly frugal celebrities not as a result of he doesn’t spend cash however due to how he chooses to spend it. He skimps and saves on day-after-day issues then makes use of it solely to make clever investments. When you’re searching for movie star monetary recommendation, his appears to be “frugal day-after-day, spend huge on objects with a giant potential return.”

Keira Knightley

One factor that Knightley has in widespread with Sheeran is that she retains herself on a price range. The Richest studies that she permits herself to reside on about 1/1000 of her web price yearly.

Keira Knightley

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Rob Gronkowski

In that very same 2020 article, we highlighted Rob Gronkowski as a result of he’s chosen to not use any of the thousands and thousands he’s earned Fromm the NFL. That’s all in financial savings. And in contrast to Sheeran, he’s not spending that cash elsewhere like automobiles. As a substitute, he sits on it, utilizing solely his earnings from advertising to reside off of. In fact, his advertising earnings are most likely greater than a whole lot of us make in a yr. Nonetheless, the frugal recommendation right here can be to develop a passive earnings stream and reside off of that whereas setting apart different earnings for the long run.

Carrie Underwood

The American Idol turned famous person is legendary for clipping coupons, making her personal meals, and utilizing different frugal ideas that the common particular person makes use of in life. She’s one of many surprisingly frugal celebrities who roughly lives the way in which that the remainder of us do. Whereas she and her husband do reside in good properties, they solely have one by one (not like many different celebrities who preserve a number of properties.) And whereas certainly her 300-acre property wasn’t low-cost, the Tennessee house permits her to reside a reasonably common life along with her household.

Woman Gaga

Carrie Underwood may need her Oklahoma upbringing in thoughts when she remembers to clip coupons. She’s not the one one. Though Woman Gaga isn’t at all times frugal, The Richest studies that she likes to get cut price. Specifically, she appears to be like for good costs on the grocery retailer. So, though maybe she’s not totally frugal all the time, she teaches us to at all times preserve an eye fixed out for good costs on the issues we purchase most frequently.

Sarah Jessica Parker

Who would suppose that the style icon was frugal in the case of clothes? When you’re a fan of hers, nevertheless, then you definately may know that she clothes her youngsters in secondhand clothes and hand-me-downs, in response to Saving Advice. She herself was a giant thrift shopper when she was youthful. And like Underwood, Gaga, and lots of different stars, this has to do with remembering what it was like to not have cash as a baby. The Richest studies that she has an ambivalent relationship with cash and might be frugal for awhile than overspend. Like most of us attempting to stability our budgets, this movie star is a piece in progress.

Tyra Banks

Saving Recommendation additionally studies that Tyra Banks is one in all our surprisingly frugal celebrities. Her largest approach to economize is thru DIY. Specifically, she likes to DIY her own residence enchancment tasks. The place she’s going to spend cash is on issues that final. In different phrases, she’s frugal as a result of she’ll spend money on sturdiness and high quality that may lower your expenses over the lengthy haul. There’s a distinction between being frugal and being low-cost. Low-cost generally prices extra ultimately!

Kristen Bell

The Richest undoubtedly needed to spotlight Kristen Bell and her husband if for no different motive than that they spent lower than $150 on their marriage ceremony. In any case, celebrities could make this huge special occasion as lavish as they need. And but, she likes to maintain issues easy. And though she appears to be like nice dressed to the nines, she’s been identified to buy at on a regular basis cut price shops for garments, even clothes she wears to huge occasions.

Mila Kunis

Talking of frugal weddings, MoneyWise studies that Mila Kunis and hubby Ashton Kutcher purchased their marriage ceremony bands on Etsy for a complete of beneath $200. In addition they preserve Christmas frugal with only one present from them to their youngsters (though the children get lots extra from different relations.)

Different Surprisingly Frugal Celebrities

Listed here are a number of the different celebrities talked about within the articles linked above and under:

  • Halle Berry is understood to love searching for a cut price value on on a regular basis objects.
  • Mark Zuckerberg isn’t frugal about all issues however reportedly drives an inexpensive automobile.
  • Tobey Maguire is cautious about his spending habits. Like many of those celebrities, he doesn’t need to return to being poor.
  • Tiffany Haddish, as soon as homeless, can also be cautious along with her cash. She drives a wise automobile and carries faux designer purses (or actual ones gifted to her by others.)
  • Hillary Swank, like Carrie Underwood, is a coupon clipper.
  • Jennifer Lawrence stored comparatively the identical way of life after making it well-known as she had earlier than.
  • Mariska Hargitay reportedly approached issues equally to Jennifer Lawrence.
  • Zooey Deschanel caught to a strict annual price range whereas making her highest earnings in “The New Lady.”
  • Jay Leno put all of his “Tonight Present” earnings into investments for the long run. He lived off of different comedy earnings.
  • Keanu Reeves makes use of public transportation and buys non-brand objects.

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