They might be celebrities but they sure know the value of a dollar. These celebs have famously admitted to being serious money savers and here’s how they do it.
Even though Kristen Bell is worth about $16 million, she doesn’t hesitate to save on her everyday purchases. She makes use of discount coupons at the grocery or departmental store to save a couple of bucks!
Sex in the City star, Sarah Jessica Parker might be famous for her incredible fashion sense but she definitely knows a good bargain when she sees one. The actress often shops at mid-range fashion stores for herself and her kids. She insists on letting her children wear hand-me-downs to ensure that they don’t grow up feeling entitled.
Even as regular Singaporeans, we spend a lot of money on our own transportation. Owning a car or even regularly taking taxis can eventually rip a hole in our wallets. Take advice from Homeland actress Claire Danes (worth approximately $20 million dollars) who has been spotted taking the subway.
Get inspired from Kate Middleton’s money saving technique. The Duchess of Cambridge is famous for repeating outfits. Like her, you don’t have to buy new clothes every few months. Try investing in unique accessories or statement pieces that you can wear for a long time. You’ll be surprised how much you’ll be able to save at the end of the month.
Why pay big money for something that you can do yourself? Model and talk show host Tyra Banks decided to renovate her new office space and freshen it up without breaking the bank. Instead of hiring a professional, Tyra penny-pinched by updating the look of the office with a coat of fresh paint to save money.
Be aware of your spending habits. When “New Girl” actress Zooey Deschanel divorced her husband, the court documents revealed her monthly expenditure. Despite being worth $16 million, this 36-year-old has got budgeting down to a pat – spending just under $7,000 a month which includes $1,500 monthly to charity.
Taylor Swift is a big fan of eating in. Her Instagram feed is full of freshly baked cookies, pressed coffees and home cooked meals. The superstar saves a lot of money by eating at home instead of lavishly spending her dough in the town’s fanciest restaurant.
There’s no shame in taking freebies when the opportunity presents itself. Famous celebs like Tyra Banks and Eva Longoria are known to swipe hotel freebies. On her wedding day, Eva also managed to get a ton of freebies as goodie bag gifts for her guests.
Sarah Michelle Geller loves her fresh, organic food. When shopping at Whole Foods, the actress will bring reusable bags to Wholefoods to keep her groceries and cut additional costs. She also makes use of clip coupons and buys fish when they are on sale. “Why should you pay more for something that someone else is paying less for?” the star told Self magazine.
Seeing your bank balance increase before your eyes can tempt you into spending on things you don’t need. Oscar-award winning actress Jennifer Lawrence kept herself grounded and makes sure her money is well-spent. She still lives in her first apartment since she moved to LA and instead of spending extra for luxury cars; she opts for her trusty Volkswagen.