Millionaires Like Kristen Bell and First Lady Michelle Obama Are Surprisingly Frugal

by Jeremy Spirogis
Michelle Obama

Not all rich celebrities insist on residing like decadent rock stars. In truth, fairly just a few stars and excessive profile public figures have some severe respect for the greenback, holding onto frugal habits they cultivated earlier than they have been wealthy and well-known.

Michelle Obama
Michelle Obama | Nhac NGUYEN / AFP) (Photo by NHAC NGUYEN/AFP by way of Getty Images

Many nonetheless gained’t store with out coupons, for example. Actor Hilary Swank and musician Carrie Underwood insist on utilizing coupons, GoBankingRates studies. Peter Dinklage would slightly panorama his upstate New York house himself. And Vincent Kartheiser from Mad Men prefers public transportation. Not solely does he lower your expenses, but it surely additionally supplies him with the right people-watching alternative. Keanu Reeves is one other fan of public transportation.

A slew of different celebrities like Ashton Kutcher and spouse Mila Kunis are notoriously frugal. They’ve taught their youngsters the worth of a greenback and demand their dad and mom preserve Christmas low-key too. Although most celeb weddings are often extravagant, Kristen Bell and Dax Shepard dropped solely $142 for his or her nuptials at an area courthouse.

These celebrities store retail

While most celebrities can afford costly couture, a number of purchase off the rack and even on sale. Sarah Jessica Parker performed a personality on Sex and the City who had a shoe and clothes obsession. But she dressed her son with hand-me-downs from her nephews. Anderson Cooper additionally scored large when he bought all of Andy Cohen’s son’s hand-me-downs for his toddler son.

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Kate Middleton has plenty of “go-to” outfits and prefers to put on the identical frock for plenty of events. Michelle Obama can also be famously frugal and wore a memorable $35 gown on The Today Show from H&M.

Tiffany Haddish revealed she carries a “knock off” Michael Kors purse and is an avid Groupon consumer. She shared with People in 2017 that she discovered do some severe budgeting after being homeless.

Luxury houses and vehicles will not be a precedence

Decadent vehicles and houses will not be a precedence for all celebrities. Mega millionaires like musician Dave Grohl drive dependable and humble autos. Grohl insists on driving what he considers to be a “family car.” Billionaire Warren Buffett has infamously lived in the identical house he bought in 1958. He paid $31,500 and says gained, “52 years of terrific memories, with more to come,” GoBankingRates studies.

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Jennifer Lawerence saved residing together with her dad and mom after she was making financial institution. She briefly bought a $9 million condominium however put it again available on the market. Teri Hatcher insists on protecting her household vehicles till they’ve traveled a minimum of 100,000 miles. Conan O’Brien nonetheless drives a 1992 Ford Taurus.

Keira Knightley has a reported web value of $60 million however insists on residing off of $50,000 a 12 months. She informed Glamour in 2014, “Some of my best, most hilarious times have been in the least luxurious places.”

Save cash, save the planet

Other celebrities use their frugal habits to assist the planet. Queen Elizabeth II insists palace lightbulbs be low-wattage. Plus she needs lights turned off when nobody is within the room. She additionally is understood to reuse wrapping paper and would like to fix tattered sheets.

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T. Boone Pickens additionally insists that lights be turned off when not in use. He as soon as shared that his grandmother informed him if he didn’t flip off a light-weight earlier than he left a room, she’d insist he pay the electrical invoice.

Other celebrities who lean inexperienced embody chef Jamie Oliver for tapping into wind energy and musician Jack Johnson for preferring solar energy, Goodnet studies.

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