Top money tips from big ballers
Saving money – in theory sounds easy-peasy. But it actually takes a lot more intentionality, and determination. It also takes a little bit of guidance and advice too. Here are some words of wisdom from people who know what they’re on about.
Jay-Z: Artist, Icon, Billionaire
In his own words he’s been trying to give us “a million dollars worth of game for $9.99.” Not everyone gets to have dinner with HOV and ask for the blueprint to success, so we’re left with the gems he drops here and there.
Best Jay-Z money lesson:
“You can't afford something unless you can buy it twice.”
Sophia Amoruso: Nasty Gal Founder, Serial Entrepreneur
In 2014, she was a 32-year-old with a $280 million net worth. Founder of one of the fastest growing companies, Nasty Gal, and the author of NY Times Bestseller, #GIRLBOSS, we reckon her advice is sound.
Best Sophia Amoruso money lesson:
“If you're not saving, start now. Put away 10% of your income into a savings account and just leave it.”
Drake: Rapper and Actor
Drake has one the most impressive and unexpected careers in music history. He dropped his first ever mixtape in 2006 and was known as Jimmy from Degrassi. In 2021, his net worth is $200 million. Today, Drake lives lavishly but in the beginning he was big on not getting into the habit of spending on the finer things whenever you’ve got the extra cash.
Best Drake money lesson:
“Got the money and I never show it.”
Ed Sheeren: Singer-songwriter
Ed Sheeren is worth $200 million and he’s one the most popular singers in the world. He was bringing home almost $200k a day in 2020, yet he still uses his student bank account and hasn’t upgraded his spend limit since uni. He mentions that he only spends about a grand a month.
Best Ed Sheeren money lesson:
Stay humble and restrict yourself on a reasonable basis.
Oprah Winfrey: Talk Show Host, Media Executive, Author
The first billionaire Black woman and everyone's favourite rags to riches story, Oprah is overflowing with money wisdom. She says, “I've always had a great relationship with money, even when I barely had any to relate to. I never feared not having it and never obsessed about what I had.”
Best Oprah Winfrey Money Lesson:
“I still think twice before I buy anything. “How will this fit into what I already have? Am I just caught up in the moment? Can it be of real use to me or is it just something beautiful to have?”