Lesson Learned! Keke Palmer Shares How She Lives Below Her Means  After Filing For Bankruptcy At 18

Keke Palmer precocious kept it 100 astir the fiscal lessons she learned from filing for bankruptcy astatine 18 years old. By then, she had been successful the amusement manufacture for astir 9 years.

Palmer discussed the taxable connected Oct. 12 during the Building Wealth Today for Tomorrow Financial Empowerment Summit.

Here’s How Keke Palmer Keeps Her Pockets In Order

These days, arsenic a 31-year-old parent inactive moving successful entertainment, Keke has learned to unrecorded wrong her means. At the Chicago-based event, the histrion shared that hiring a concern manager erstwhile she was 12 years aged “helped…immensely,” per AfroTech. While the manager helped, the worker wasn’t the end-all, be-all solution, and ultimately, she filed for bankruptcy betwixt the ages of 18 and 19. The concern “spooked” her, Keke said.

Asking herself, “What went wrong?” Keke Palmer decided not to fto her fiscal presumption dip similar that again. Now, her information nett is surviving not lone wrong but beneath her means. And the multi-talent sticks to her boundaries, adjacent if that means sacrificing immoderate manner glamour specified arsenic luxury cars and over-the-top living.

“If I got $10,000 successful the bank, past my location would beryllium $500 a month. That’s however nether I mean, due to the fact that I tin astir apt spend thing $2,500 maybe, but I’m going mode under,” Keke reportedly said. “You cognize why? Because I wanna put successful my business.”

Keke added that investing successful her concern means the worldly things mightiness person to instrumentality a backseat. “Instead of wearing Gucci, I’m wearing Zara. I unrecorded successful a bully place. I thrust a chill car, ’cause my wealth is going elsewhere… I got a Toyota close present successful my driveway,” she said.

Angel Reese Recently Opened Up About Financial Struggles

Keke’s connection comes days earlier rookie WNBA subordinate Angel Reese opened up astir her fiscal woes. Despite being a pro-baller, the Chicago Sky subordinate admitted this week that her wage unsocial doesn’t screen her expenses. Her rent unsocial is astir $8,000 a month, per Reese, and her endorsement deals and different forms of income are what marque up for what her wage doesn’t cover.

RELATED: Angel Reese Trends After Speaking About Her WNBA Salary Not Being Enough To Cover Her Bills (WATCH)

The station Lesson Learned! Keke Palmer Shares How She Lives Below Her Means  After Filing For Bankruptcy At 18 appeared archetypal connected The Shade Room.