Celebrities and business tycoons evoke visions of lavish lifestyles with private jets and yachts but stars face bankruptcy after blowing away millions.A few rich people prefer living frugally. Amassing a fortune means higher incomes and more savings. Whether a celebrity or not, keep your finances under control. IKEA founder Ingvar Kamprad who died recently,despite being one of the richest people in the world, led a modest life, drove a 20-year-old Volvo, wore second-hand clothes and always flew coach. Here are more thrifty celebrities:
Ed Sheeran ranks among the most popular musicians in the world, but gives himself an allowance. Never wasteful, his Barclays student account was never upgraded as he rarely spends much money. Merging all money into one account, would ensure spending it all and hence the allowance. His allowance is $1,000, mostly on taxis for himself. Sheeran is known to crash at people’s houses for weeks, and was still living in Courteney Cox’s spare room in 2014.
Carrie Underwood won seven Grammys and sold over 60 million records, staying true to her simple country roots when i budgeting. She makes all her meals, clips coupons, and goes grocery shopping. She splurges on a Subway sandwich when she doesn’t pack a lunch.
Kristen Bell, the Forgetting Sarah Marshall star is a coupon queen almost exclusively shopping with coupons. Her favorite is the ‘Bed Bath & Beyond’ coupon with 20 % off, and if you purchase a duvet or air conditioner, you save more than $80.
World-famous investor Warren Buffett is one of the richest in the world, with a $90 billion fortune. The businessman continues to live in a modest house worth .001% of his total wealth, purchased in 1958 for just $31,500 and since then, has never moved out.
Tiffany Haddish lit up the movie Girls Trip, but despite her fame, she prefers a simple life, driving a hybrid Honda HR-V, carrying a fake Kors purse, wearing the same dress and sporting a real Givenchy bag, and a Fendi bag that were gifted. Once homeless, she remains budget-conscious, and will be cheap with money for ages. Money is here today and gone tomorrow.
Professional athletes are rather flashy with their cash, but not Rob Gronkowski, the New England Patriots tight end. In his autobiography, “It’s Good to Be Gronk,”, the football player confessed about saving his signing bonus and NFL contract money, preferring to live off his marketing money. He never spends on expensive cars and jewellery, or tattoos and enjoys wearing his favourite pair of jeans from high school.
Dave Grohl is a famous rock star who was with‘Nirvana’ and the ‘Foo Fighters’, but lives unlike one. Instead of fancy cars and homes, all his money is invested in the bank and forgotten. He drives a family car that fits five people and has a big enough house too.
Twilight star Ashley Greene mentioned about savings habits learnt from her family. Buying a first-class ticket is unjustified due to the cost, which is why she flies economy.The actress saves money to pay her bills due to lack of steady work. Her dad taught her to be more frugal than the average person, and not spending it all.