Saving is a Great Habit
We just asked and posted the article: Are Piggy Banks Relevant in the Age of Digital Banking?
Team Sammy thought it would be fun to follow the piece with a column on celebrity saving habits and piggy banks.
Many people, even celebrities, as children used piggy banks as a tool for saving money. It is a common and practical practice. Piggy banks can be a great way to develop and encourage the habit of saving money.
5 Celebrity Saving Habits and Piggy Bank Stories
Oprah Winfrey: In her book "The Wisdom of Sundays," Oprah shared that she has a piggy bank where she saves her spare change. Here is another Oprah money trivia tidbit. She aired a series of shows aimed at helping families reduce and get out of debt. Here are a few tips she and guest money experts shared: (i) Determine exactly where you stand. Get "real" about the specific amount you actually owe; (ii) Track your spending. Learn to budget; (3) Reduce expenses. The tips brings to mind the Sammy Rabbit songs titled: Budget and Don't Spend More Than You Make. Both are excellent listens!
Jay Leno: In a 2017 Parade Magazine interview, the former "Tonight Show" host said "I still use a piggy bank. I put all my change in there, and when it gets full, I bring it to the bank and deposit it. It’s amazing how it adds up."
Michelle Obama: In her book "Becoming," the former First Lady discussed how her parents taught her the importance of saving and budgeting, including using a piggy bank to save money.
Jerry Seinfeld: The comedian has joked about his love of saving money, including keeping a piggy bank in his bathroom to collect his spare change.
Sarah Jessica Parker: The actress has talked about using a piggy bank to teach her children about saving money.
5 Famously Frugal Celebrities
Being frugal and thrifty is prudent. It demonstrates wisdom, strong stewardship, and maturity. It is a proven recipe that helps individuals achieve financial success and stability.
Here are five famously frugal celebrities:
Warren Buffett - He is one of the richest people in the world and is renowned for living a frugal lifestyle, well below his means. .
Kristen Bell - The actress, best known for her role in "Frozen," is known for being frugal and practical with her money. She has talked about shopping at discount stores and even using coupons for grocery shopping.
Sarah Jessica Parker - The fashion icon, Sex in the City star is known for her love of shoes and being thrifty. She has shared several stories about buying clothes on sale. When is the last time you heard some use the word "thrifty"? It use to be such a commonly used word and value, it was incorporated into the Boy Scout Law and Principles: "A Scout is trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent."
Keanu Reeves - The actor, known for his roles in "The Matrix" and "John Wick," lives a modest and charitable lifestyle. He often takes public transportation, and reportedly has donated most of his earnings from the "Matrix" sequels to charity.
Mark Zuckerberg - The Facebook founder is reportedly frugal despite his massive wealth. He famously wears the same type of gray T-shirt to work every day and drives a basic car.
Related Reading and Resources
7 Reasons Why Saving Money is a Great Habit for Kids to Learn
Introducing Sammy's Let's Get Kids Financially Literate Campaign
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