HomeCelebrityWhy Do Some Celebrities Live Frugally Despite Being Ridiculously Rich

Why Do Some Celebrities Live Frugally Despite Being Ridiculously Rich

Money isn’t everything and even though some celebrities earn more in a week than what the rest of us earn in a year, they refrain from splurging and live modestly. Check out these celebrities who live frugally despite being ridiculously rich.

Tyra Banks

via Marieclaire.co.uk
via Marieclaire.co.uk

You would think the America’s Next Top Model judge and businesswomen would live a lavish life full of glamour and luxury, but you’re mistaken. Tyra would rather save money then spend it and has been known to horde bathroom products from hotels to use at home. She rarely dines out in fancy restaurants and would rather make notes using a pen and a piece of paper than on an iPad.

Paul McCartney

via Liverpoolecho.co.uk
via Liverpoolecho.co.uk

Despite being part of the biggest band of all time, the ridiculously wealth Paul McCartney is known for being very cheap. His daughter Stella has admitted he refused to pay for her university education unless she chose a cheaper state university; his ex-wife Heather Mills has criticised him for not donating more money to charity and at a birthday party he held for her, guests had to buy their own drinks. It’s been said that Paul prefers to hold on to his wealth, rather than spend it.

Dakota Fanning

via Theguardian.co.uk
via Theguardian.co.uk

Despite being worth around $16 million, Dakota isn’t much of a big spender at all. She’s been known to do her clothes shopping at cheaper stores like Old Navy and Target, even rocking up to awards ceremonies in cheaper dresses.

 Sarah Michelle Gellar

via Moviepilot.com
via Moviepilot.com

Sarah mostly avoids the celebrity lifestyle, choosing family time with her husband, Freddie Prinze, Jr. and her two children, over glitzy award shows. She was taught at an early age not to take things like fame and money for granted; not only does she do a lot of volunteering, she clips coupons and is always on the lookout for sale items, even though she and her husband have a combined wealth of around $15 million.

 Kristen Bell

via Fullhdpictures.com
via Fullhdpictures.com

Just like Sarah Michelle Gellar, Kristen Bell has a fondness for using coupons, even though she and her husband are collectively worth around $18 million. Kristen says she’s a hillbilly at heart and even cut every corner possible when it came to her wedding – they opted for a simple courthouse venue and supposedly spent less than $150 on the whole thing! She even attended a fancy event in a dress that cost just $45.

 Tobey Maguire

via En.wikipedia.org
via En.wikipedia.org

The reason Tobey prefers to live frugally is because he thinks it will help him avoid financial difficulties in the future. He’d rather spend less and make his money last so he can enjoy it a lot more. To this point, he dresses casually and doesn’t make extravagant purchases.

Sarah Jessica Parker

via Richestcelebrities.org
via Richestcelebrities.org

Despite reportedly being worth nearly $100 million, Sarah Jessica Parker is nothing like Carrie Bradshaw when it comes to money. While Carrie would rather spend her money on shoes than food, Sarah is a lot more frugal. She dresses her children mostly in hand-me-downs and kept all of the clothes she wore on Sex and the City for her own use. Her life isn’t filled with private jets, sprawling mansions and fancy restaurants; instead, it’s a lot more modest and low key.

James Gibson
James Gibson
I'm a Classics graduate and have been writing for over three years. Hopefully going to go into novel writing some day. I'm mostly interested in theme parks and roller coasters - I've been on 300 coasters and plan on going on lots more!

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