Five Frugal celebrities
According to Merriam-Webster Dictionary the definition of frugal is: careful about spending money or using things when you do not need to; using money or supplies in a very careful way; simple and plain. Thinking about celebrities doesn’t normally bring the word “frugal” to mind, however, these five frugal celebrities break free of the norm:
“Hunger Games” star Jennifer Lawrence has accrued a net worth of approximately $110 million in her short time in stardom. The actress, who is known for being down-to-Earth and great with her fans, seems that she carries her “down-to-Earth” approach over into her finances.
Sarah Jessica Parker
Sarah Jessica Parker is someone you may be surprised to see on a list of frugal celebrities. The “Sex in the City” actress is worth about $90 million and known for her style. However, the mother and actress dresses her children in hand-me-down clothing. She’s been vocal about making sure that her three kids will not grow up feeling entitled to anything.
Former supermodel Tyra Banks is another surprising find amongst frugal celebrities. However, Banks is a huge believer in do-it-yourself upgrades to her space. With an overall net worth of $90 million, Tyra Banks saves money when updating her space. In addition to DIY projects, Banks is also known for snatching up shampoos and conditioners when she stays at hotels.
Zooey Deschanel has a net worth of $16 million. However, with her limited acting experience, she has been able to stack up a significant amount of cash by being like other frugal celebrities. Deschanel has a tight monthly budget: $2,000 for clothes, $800 for utilities, another $300 for cell phone and Internet services, and $1,500 per month to charity. The actress also has three credit cards, all with zero balances.
Oscar Award-winning actor Leonardo DiCaprio is another surprising frugal celebrity. Among other frugal celebrities on the list Leo has the highest net worth, sitting at $217 million. The award-winning actor doesn’t splurge on things that don’t matter. He owns only one vehicle: a Toyota Prius. DiCaprio also commonly flies on commercial airplanes instead of taking a private jet.
Frugal celebrities aren’t something people think about very often. Celebrities tend to spend their money on flashy cars, homes and clothing. Each of these celebs, however, practice frugality in ways everyone could learn from.
Do you know of any other frugal celebrities you would add to the list?