It's not surprising that celebrities have solid financial advice; after all, fame and fortune almost always go hand in hand. What is surprising is how scrappy and sensible celeb money advice can be. Stars: They're just like us, living in normal-people apartments and using coupons! (Kind of.)
This is the woman who once bought EVERY item in a clothing store in an episode of Keeping Up With The Kardashians, but as it turns out, when Kim K has a budget, she can stick to it like no one's business. This is what she told MarketWatch about her pre-fame days:
"I was on a strict budget, so if I wanted to buy something, I had to sell something."
Not only did she sell, girl straight-up entrepreneured. As she explains in the interview, she got a loan from her father Robert Kardashian, bought five pairs of Manolo Blahniks at $750 a pair, and sold each pair on eBay for $2,500. Damn.
Coming into a lot of money all of sudden doesn't mean you have to spend all that money. In fact, the smartest thing you can do when you make bank is avoid lifestyle inflation. Take it from Amy Schumer, who didn't upgrade to a mansion once her TV and movie career skyrocketed into the stratosphere.
"I'm like the richest person I know and I have like a one-bedroom and a walk-up." Schumer told Time <ahref="http: time.com="" money="" 4003400="" amy-schumer-warren-buffett-cost-housing="" "=""> </ahref="http:>when Trainwreck came out last year.
Granted, that "walk-up" was actually a really cute top floor of an Upper West Side brownstone, but it sounds like Schumer was still living within her means, even with a large paycheck.
The Queen got her best financial advice from her mom, yay moms!
"My mom has always been my champion," The Queen said. "She was very smart and grounded. She said, 'Save your money. Pay your taxes. Don't put everything in one basket,' but she let me explore and be creative."
For such a sharply dressed dude, it's definitely a surprise to learn that Timberlake doesn't shop on every day that ends with Y.
As Timberlake told The Guardian, "I will just say that I am pretty frugal. I'll probably shop [for clothes] for myself once a year, and that will last me for the rest of the year. What was it that Prince said? 'Money can't buy you happiness, but it can help pay for the pursuit.'"
Leno told Parade that a solid financial lesson he learned as a kid is still paying off today.
"When I was a kid, I had two jobs," Leno explained. "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. I live on the money I make as a comedian, and I put all the TV money in the bank. I've never spent a dime of TV money — ever."
In addition to being an ace actor, Bell is also an ace coupon user.
"I almost exclusively shop with coupons" she explained in an interview with Conan O'Brien. She cites the Bed, Bath, and Beyond coupon as "the best coupon you can get, possibly in the world," pointing out that, "They've got, like, twenty percent off [coupons], and if you go and buy like a duvet or an air conditioner or whatever you could be saving upwards of eighty dollars!"
Bell is by no means the only celeb who clips coupons. Carrie Underwood is also Team Coupons, Lady Gaga proudly tweets about her coupon usage, and Sarah Michelle Gellar regularly shops grocery store sales. You guys, stars, they really ARE just like us.
Of course, being financially smart isn't just about saving money, but also about using the money you make in a meaningful way.
As Kendrick Lamar explained in Interview, "I always thought money was something just to make me happy. But I've learned that I feel better being able to help my folks, 'cause we never had nothing. So just to see them excited about my career is more of a blessing than me actually having it for myself."
Who better to bring us home with celeb advice than the Queen of Lifestyle herself, Oprah. In her book What I Know for Sure, Oprah gives simple and powerful advice re: personal expenditures: "I hope the way you spend your money is in line with the truth of who you are and what you care about."