Jordi Lippe-McGraw, Author at Financial Avenue

Updated on March 15, 2018

When you think of celebrities and business tycoons, lavish lifestyles with private jets and yachts typically come to mind. That’s why it’s not surprising when you hear about a star facing bankruptcy after blowing through their millions. But some wealthy people, despite their cushy bank accounts, live relatively frugally.

For example, IKEA founder Ingvar Kamprad, who died in January, led a modest life despite being one of the richest people in the world, according to CNBC. He drove a 20-year-old Volvo, wore secondhand clothes, and flew coach. And he’s not the only famous person who’s budget-conscious.

From musicians to sports stars, here are eight other thrifty celebrities.

1. Ed Sheeran

Ed Sheeran might be one of the most popular musicians in the world, but he still gives himself an allowance. “You never want to be wasteful,” he told the Irish Examiner. “[I use] my Barclays student account. I’ve not upgraded because I don’t spend much money. If I had all my money in one account, I would spend all of it, so I get an allowance.”

As for how much he allows himself to spend each month, the star said about $1,000, mostly on taxis. Sheeran famously crashes at people’s houses for weeks, and in 2014, he was still living in Courteney Cox’s spare room.

2. Carrie Underwood

Despite winning seven Grammys and selling over 60 million records, Carrie Underwood stays true to her simple country roots when it comes to budgeting. She revealed to Rachel Ray Every Day that she still clips coupons, makes all her meals, and does her own grocery shopping. Her splurge when she doesn’t pack a lunch? A sandwich from Subway.

3. Kristen Bell

“Forgetting Sarah Marshall” star Kristen Bell is also a coupon queen. She opened up to Conan O’Brien, telling him, “I almost exclusively shop with coupons.” Her favorite is the Bed Bath & Beyond coupon. “It’s the best one because they’ve got 20% off, and if you go and buy a duvet or an air conditioner or whatever, you could be saving upwards of $80,” she said.

4. Warren Buffett

World-renowned investor Warren Buffett has long been one of the richest people in the world, amassing a fortune of almost $90 billion, according to Forbes. But instead of living in a megamansion, the businessman lives in a modest house that’s “worth .001% of his total wealth,” according to Business Insider. He purchased his current home in 1958 for just $31,500 and never moved.

5. Tiffany Haddish

Tiffany Haddish burst onto the scene thanks to her role in the movie “Girls Trip,” but despite her newfound fame, she refuses to live extravagantly.

“I still drive a Honda HR-V. It’s a hybrid,” the actress told People. “I still have a fake [Michael] Kors purse, but I got a real Givenchy bag, and Jada [Pinkett Smith] just gave me a Fendi bag. I haven’t paid for these bags. These are gifts. The last bag that I bought myself was a Madden Girl backpack that’s really cute. And it was on sale for $45!”

The fact that she was once homeless motivates her to remain budget-conscious, and she said she’ll “probably be cheap with [her] money for a long time. “Yeah, it’s here now, but will it be here in five years?” she asked. “I don’t know.”

6. Rob Gronkowski

Professional athletes are notorious for being flashy with their cash, but not New England Patriots tight end Rob Gronkowski. In his book, “It’s Good to Be Gronk,” the football player revealed that he hadn’t touched a dime of his signing bonus or NFL contract money.

“I live off my marketing money and haven’t blown it on any big-money expensive cars, expensive jewelry, or tattoos and still wear my favorite pair of jeans from high school,” he wrote.

7. Dave Grohl

Dave Grohl might be a rock star who’s famous for his time with Nirvana and the Foo Fighters, but he doesn’t live like one. Instead of buying fancy cars and homes, he keeps all his money in the bank.

“It goes straight into my bank account, where it turns all moldy and smelly,” the musician told The Red Bulletin. “I drive a family car — not a monster SUV but a family car that fits five people. I’ve got a house that is just big enough, too.”

8. Ashley Greene

In the November 2012 issue of Marie Claire, “Twilight” star Ashley Greene opened up about the money habits she learned from her family. “It is just not worth it to buy a first-class ticket because of the cost,” she told the magazine about why she flies economy.

Instead, the actress saves that money so she can pay her bills if she doesn’t get steady work. “I’m lucky because my dad taught me to be frugal and save,” she said. “And that’s important because I want to know that I don’t have to take an acting job for two or three years if I don’t want to and that I’ll still be able to make my house and car payments and buy food for my dogs.”

Yes, you can learn money lessons from celebrities

These stars make more money than the average person, but that doesn’t mean they feel the need to spend it all. In fact, one of the best ways for anyone to amass a fortune is to aim to earn a higher income and save more of it.

That’s how broke college graduate Grant Sabatier became a millionaire by 30. Being frugal and spending money on what you need — rather than what you want — will help keep your finances in check whether you’re a celebrity or not.

The article 8 Celebrities Who Still Live on a Budget originally appeared on studentloanhero.com.

Image by Burachet Maroungsilp via 123RF

If you were asked to describe a job, many people might say it involves sitting for long hours behind a desk in an office. But what if you’re not a confined-to-a-cubicle kind of person and would rather spend most of your time outside?

Don’t worry; you don’t have to live a hippie life to earn a good salary while enjoying the sunshine. There are a number of well-paying careers where you can spend most of your time outdoors. Here are five great ones to consider.

1. Landscape Architect

You know all of those neighborhood homes and parks with perfectly curated plants? Well, someone needs to come up with the design.

Before landscapers can come in and plant any trees, there needs to be a landscape architect to make the whole vision come together. This can be anything from designing campus grounds and parks, to the landscape around businesses and private homes.

Like any architect, there is some time required for an office to draw up plans. But, there is still a decent amount of time is spent outdoors at the actual job site chatting with clients and watching the project come to life. It’s a great career if you love design, drawing, and art but would prefer to be in nature than a studio.

Average salary: $63,480 per year*
Education requirements: To be a landscape architect, you need a license. That licensing process varies by state, but typically requires you to have a bachelor’s in landscape architecture, hands-on internship experience, and you must pass the Landscape Architect Registration Examination.
Potential career growth: According to the Bureau of Labor Statistics, employment in this field is expected to increase 6 percent from 2016 to 2026. As new commercial properties continually get developed, and older developments refurbished, there will continue to be a need for landscape architects.

2. Park Ranger

With 417 national park sites in the United States, there needs to be people willing to watch and take care of the 84 million acres. That’s where park rangers come in.

These individuals are required to take on several roles at national parks and historic sites, including acting as law enforcement, responding to any injuries, and providing information to guests. They also help to ensure the parks and sites are well-maintained, report any abnormal behavior from both guests and animals, and indicate if there’s an increase for natural disasters, such as a fire.

Best of all, all of this requires you to spend a ton of time outdoors. So much so, the parks warn prospective rangers that they will have to endure all sorts of weather and temperatures. You better like the cold and the heat!

Average salary: $37,382 per year
Education requirements: A bachelor’s degree in forestry, wildlife management, or environmental science is typically required. Any additional training in something such as emergency medical services could help with both securing a job and increasing level of pay. Additional onsite training, similar to other patrol careers such as policemen, could also be required.
Potential career growth: The exact details of park ranger employment prospects are not clear, but the Bureau of Labor Statistics estimates careers in forestry and conversation to grow 6 percent from 2016 to 2026. An important reason for the continued need of park rangers is to help prevent wildfires.

3. Chemical or geological oceanographer

If your ideal day involves taking a dip in the ocean or putting your toes in the sand, you may want to consider an outdoor career as an oceanographer. Not only are you outside for several days to several months at a time, but often on the open seas.

Oceanographers can have a variety of duties, such as studying the changing chemical makeup of the ocean and seafloor, or the movement of tectonic plates. You could specialize in the currents and tides, or volcanic activity. The options are endless, so long as you love the ocean.

Average salary: $58,971 per year
Education requirements: You’ll need a bachelor’s degree in a related field such as marine biology, marine geology, biological oceanography, hydrology, geosciences, etc. Also, an internship with field work is usually required and a background in research and computer skills for completing math calculations and inputting data.
Potential career growth: Oceanographers encompass so many specialized careers, so it’s a bit difficult to pinpoint an exact career growth prospect. But, the Bureau of Labor Statistics said that employment of geoscientists is expected to grow 14 percent from 2016 to 2026. That’s quicker than the average for occupations as a whole. Why? There is an ever-growing need for energy and environmental protection. Various institutions, both public and private, continue to look for ways to promote “responsible land and resource management.”

4. Wildlife Biologist

While we’ve already got you covered for a list of careers for animals lovers, there’s a job for animal lovers who also love the outdoors. A wildlife biologist gets to combine these two passions by studying animals and their habitats.

Day-to-day duties can include studying the physical traits of animals, their behaviors, how they’re impacting humans, and what they’re doing to the environment. Most of this work can’t be done sitting behind a desk. It requires a lot of time outdoors in the animals’ natural environments, observing and collecting data.

Average salary: $60,520 per year
Education requirements: You will need a bachelor’s degree for entry-level positions in this field, but having a master’s degree is typical for higher-level scientific work. If you’re interested in actually leading a study for a university, a Ph.D. is necessary.
Potential career growth: According to the Bureau of Labor Statistics, employment of wildlife biologists is expected to grow 8 percent from 2016 to 2026. Wildlife populations are evolving and changing creating a demand for people to study them. Unfortunately, budget constraints on governmental agencies limit funding for such research.

5. Archeologists

Calling all real-life Indiana Joneses! Ok, so Harrison Ford may not play you in a movie, but you can still spend plenty of time outdoors studying ancient cultures.

As an archaeologist, you will research the physical traces left behind by our ancestors to better understand historic languages, behaviors, and the ways of life from the past. This happens all over the world, and can involve fieldwork to examine these objects and locations. You could find a job with a research organization, governmental body, or private research firm.

Average salary: $63,190 per year
Education requirements: You need a master’s degree or Ph.D. in anthropology or archeology. Experience doing fieldwork in either discipline is also important.
Potential career growth: Unfortunately, employment of anthropologists and archeologists is growing slower compared to other occupations. The Bureau of Labor Statistics projects the field to only grow 3 percent from 2016 to 2026 because there are fewer positions available in these fields. The fewer number of jobs is due to cuts in funding from the government, but organizations can still seek private funding.

So whether you like the ocean, animals, the dirt, or the trees, there’s a career for every type of outdoor lover. The main commonality: No suits or watercooler chats required. If that sounds appealing, search on job sites like Indeed or LinkedIn with these titles and see where some outdoor career opportunities lie.

*Average salaries are based on available data (as of Dec. 2017) from the Bureau of Labor Statistics and PayScale.

The article 5 Well-Paying Careers for People Who Love the Outdoors originally appeared on studentloanhero.com

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