Here’s How to Manage Your Money Like Comedian Kathy Griffin. Thank Us Later
Kathy Griffin’s career may have been marked by plenty of controversies, but it hasn’t stopped the self-identified “D-list” celebrity from achieving her goals and accumulating wealth.
With a couple of bestselling books and a successful reality series “Kathy Griffin: My Life on the D-List” under her belt, the comedian has definitely made her way up top to be finally considered an A-lister both in fame and fortune.
But it wasn’t always that way for her. Find out how she weathered the storms that almost ruined her career with these tried and tested financial tips from Griffin herself.
Don’t Go Into Debt For a House
It’s estimated that one in four Americans own their home through a mortgage and Griffin is not one of them.
While not everyone has the income and patience to save up for a house and pay for it in cash, you still can’t underestimate the financial smarts Griffin employed to be able to own a $10.5 million Bel Air mansion, debt free.
Her impressive purchase was even praised by other of her fellow comedians who were amazed how Griffin’s inappropriate jokes were able to pay for her fancy home.
Pretty good for a former D-lister, eh?
Listen to Your Mother’s Advice
You may be tired of hearing the saying, “Mothers know best”, but it’s a popular adage for a good reason– it works.
Griffin has attributed her knowledge of handling her personal finances from the teachings of her mother, Maggie Griffin. As the story goes, the elder Griffin’s drive to make smart financial decisions was sparked by a story of an old woman who unexpectedly went broke and only had cat food to eat.
Safe to say, the 98-year-old former hospital administrator taught her daughter well and can expect to be set for the rest of her life.
Pad Up Your Savings
Griffin has mentioned in a podcast that she currently has $32 million in savings. While she didn’t clarify if she had the millions in cash or strewn in a couple of assets, that number is still very impressive considering the number is one-third of all her earnings throughout her entire career.
According to her, she managed to this by living with a few roommates in her estate’s compound even calling herself as a modern Mrs. Garrett in reference to the house mother character from the show “The Facts of Life”.
Live Fabulous But Within Your Means
Griffin is a multi-millionaire but doesn’t quite live like one. For example, she’s quite miserly when it comes to spending on certain things in her life.
While her job usually requires her to fly private, she justifies it through cutting costs every way she can. She’s mentioned that she often brings her own snacks and drink to her flights to skip out on the expensive food the plane service charges. And if she was a drinker, Griffin has said that she would even bring her own alcohol to the plane.
Now, that’s how you live the fabulous celebrity lifestyle frugally.
More in Pocket Change
A Rundown of Everything the British Royal Family Spent the Most Money On Last Year
The British royal family and their expenditure are topics often discussed by both the public and the press. People, whether they’re a...July 30, 2019
Lady Gaga Gives Rihanna & Kim K a Run For Their Money as She Launches Her Very Own Beauty Brand
In the past few years, plenty of celebrity-owned makeup brands were launched. Some of the first ones to do so are...July 30, 2019
Is Meghan Markle Finally Crumbling Under the Pressures of Royal Life? Here’s the Real Score On the Matter
Ever since her engagement to Prince Harry, Meghan Markle, now the Duchess of Sussex, has faced criticism after criticism from the...July 29, 2019
Here’s Everything You Need To Know About Serena Williams’ Internet Entrepreneur Husband Alexis Ohanian
Fans of the tennis superstar have surely seen her husband cheering from the sidelines during tennis matches. And sometimes, he would...July 29, 2019
Rihanna Is Now America’s Richest Female Musician–Here’s Why She Has No Plans to Stop Working Despite Having Millions
While Rihanna seems to have taken a break from making music, her last album being released last 2016, the Barbadian born...July 16, 2019
This is How Former Victoria’s Secret Angel Heidi Klum Ended Up With A $2 Million Insurance For Her Legs
It’s no secret that celebrities and models make their money using their good looks. So, it seems only logical that they...July 14, 2019
Here are Some Totally Steal-Worthy Career Tips British Billionaire Richard Branson Has For Elon Musk
Elon Musk is one of the most divisive figures in the world of business and technology. On the one hand, the...July 13, 2019
Fashion Victory? The Real Truth Behind Kim Kardashian’s $2.7 Million Lawsuit Win
The Kardashians’ sphere of influence has always included fashion and style. While not everyone appreciates the reality stars’ particular styles, the...July 13, 2019
This is the Real Reason Why Billionaire Kylie Jenner Started Her Cosmetics Company–and It’s Not Because of Money
This year, 21-year-old Kylie Jenner was hailed by Forbes as youngest self-made billionaire ever. And the ‘Keeping Up With the Kardashians‘...July 13, 2019