"It's natural to want to splash out when success finally rolls in, ushering a new era of buying mansions, and leaving behind the days of shoebox apartments. But actress Keke Palmer-who has spent two decades gracing the screens of movie theaters and streaming sites-hasn't been spending up her entertainment fortune. "I live under my means. I think it's incredibly important," Palmer told CNBC in an interview last year."
""If I have $1 million in my pocket, my rent is going to be $1,500-that's how underneath my means I'm talking. My car note is going to be $340. I don't need a [Bentley] Bentayga, I'll ride in a Lexus." The 32-year-old actress' thriftiness may come as a surprise-one might expect the star of hits like Nope; Hustlers; True Jackson, VP; and One of Them Days to be living a high-flying lifestyle."
Keke Palmer maintains a frugal lifestyle despite long-term success in film and television. She sets modest budgets, citing an example where a million-dollar balance would not change her low rent and small car payment. Palmer rejects luxury purchases in favor of practical choices and credits her parents' financial limitations for teaching saving and restraint. She became a millionaire around age 12 through child acting roles in films such as Akeelah and the Bee, Barbershop 2, and Madea's Family Reunion. Early earnings materially improved her family's finances and influenced her enduring approach to money management.
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