Keke Palmer On Why She Still Lives Below Her Means After Going Bankrupt At 18: “I Got A Toyota Right Now In My Driveway”

Keke Palmer On Why She Still Lives Below Her Means After Going Bankrupt At 18: “I Got A Toyota Right Now In My Driveway”

Keke Palmer may not miss a bag, but you won’t see her flaunting her wealth too much.

She recently made an appearance at the Building Wealth Today for Tomorrow Financial Empowerment Summit and opened up about her own money journey, including going bankrupt at 18.

“I was so spooked. I was like ‘What went wrong?’”

The experience was a lesson learned for Keke Palmer, who added that she now lives way below her means.

If I got $10,000 in the bank, then my house would be $500 a month. That’s how under I mean, because I can probably afford something $2,500 maybe, but I’m going way under. You know why? Because I wanna invest in my business. So if I wanna invest in my business, then the material things that I’m having currently might have to take a short back. Instead of wearing Gucci, I’m wearing Zara. I live in a good place. I drive a cool car, ’cause my money is going elsewhere… I got a Toyota right now in my driveway.”

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Authored by: C.J.