Summary: a strategic thinking most of us have is that celebrities all live in a luxurious life and need not to save money. However, the fact is they need too. In this article, you’ll get a idea that how celebrities save their money.
As we all know, celebrities are all well-off people. However, in a passive economic environment just as now, it's necessary for all people to save money, no matter rich or poor. If you are a well-off person as well, see what the celebrities do in saving their money.
1. Rent the unused house
Most of the celebrities have their personal villa abroad and they only live there for vacation. Now in the financial crisis, by renting the villa, they can increase their income as well as gain subsidy in maintain the villa.
Usually, most of the celebrities will not give out their real name when renting their house. However, there are still some of the celebrities who give their real name, in hoping of attracting more people, for example Mick Jagger, Bruce Wills.
2. Perform a speech
If you are an effective person, you can seek for other ways to increase your income. Roger Federer, who has a property of 83 – 166 million, despite of earning money by prize money and advertisement, he also makes speeches. For attending such a speech, audience should pay hundreds of dollars and the income is no less than the prize money of a top tennis match.
3. Grow vegetable and feed domestic animal
Many of the Russian tycoons bear heavy loss during the economic crisis while German Sterligov is an exception. Because of withdrawing the business circles in time, he doesn’t loss a ruble during the crisis.
He believes that the best way to confront the crisis is adopting the traditional economic ways – barter system. Now, his families and he live in the farm they own and grow vegetable and domestic animals.
4. Selling name
Schumacher, the racing driver in F1, gains 5 million euro by giving his name to an office building in Dubai. This Schumacher building is 29 floors high and was sold out in the gloomy building market in Dubai.
5. Take advantage of your ancestral estate
No doubt, Crown Prince Charles set an excellent example in taking advantage of his ancestral estate. It’s said that most of his income comes from the real estates in manor of the Duke of Cornwall which is 0.647 billion pounds.
6. Earn more and spend less
Despite of earning more, the celebrities also spend less than they used do. For example, Federer selects the flight time and line so that he saved thousands of dollars in buying tickets. Rooney, football player in Manchester United, asks his shopaholic wife to spend less in shopping. Also, he used half price coupon when he had dinner in a restaurant in Italy.
