If you were wealthy beyond your wildest dreams, would you still pinch pennies? Here are a few tips from top grossing celebrities!
“Get Rid of Car Payments”
Washington Redskins running back Alfred Morris has a four-year, $2.2 million contract and still drives his 1991 Mazda nicknamed “Bentley,” which he reportedly purchased for $2 from his pastor when he was a student at Florida Atlantic University.
Washington Redskins running back Alfred Morris has a four-year, $2.2 million contract and still drives his 1991 Mazda nicknamed “Bentley,” which he reportedly purchased for $2 from his pastor when he was a student at Florida Atlantic University.
“Tuck Money Away”
Take advantage of great information and tools to help build your future and prevent your money from going down the drain.
“Look for Discounts, Coupons and Freebies”
Think clipping coupons is only for us everyday penny pinchers? Think again. Famous celebrities take their coupon clipping seriously — no matter how big their bank accounts — including, from left, Hilary Swank, Lady Gaga (not pictured), Kristen Bell and Carrie Underwood.
“Live on LESS Then You Make”
When Jay Leno recently retired from more than 20 years of hosting the Tonight show, he shared a little secret: He never spent any of what he earned from the show ($15 million annually in the final years), but instead continued to live off income from his standup comedy act. “When I was a kid, I had two jobs,” wrote Leno in Parademagazine. “I worked at a Ford dealership and at a McDonald’s. I’d spend the money from one job and save the money from the other. That’s still the way I am now.”
“Learn to be Fashionably Frugal”
Some of Hollywood’s leading ladies are known for turning up their noses at pricey designer fashions and instead donning more budget-conscious apparel, even for special events. In recent years, both Helen Hunt (pictured) and Penelope Cruz looked stunning at the Oscars in gowns from fast-fashion retailer H&M, but that’s still haute couture compared with the charcoal turtleneck from the Gap that Sharon Stone wore to the awards program back in 1996.
“Teach Your Kids Values”
The list of business tycoons who plan to leave only a portion of their estates to their kids includes, from left, Bill Gates, Warren Buffett and Ted Turner (not pictured). Buffett says, “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing.”
“Experiences = Priceless Memories”
Actor Rob Lowe says, “I’m willing to spend money to create memories for my kids and our times together. If it’s a trip or taking advantage of an opportunity, I will do whatever it takes. In terms of actual things, I’m not one of those guys that collects Vipers or Shelby Cobras, or has a rare book collection.”
“Learn to Cook”
Their kitchens may be the Taj Mahal compared with ours, but a surprising number of celebrities prefer to cook at home rather than dine out at five-star eateries or hire a personal chef. From left, Selena Gomez, Taylor Swift and Emma Stone enjoy getting together for baking parties at each other’s homes.
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