5 Habits of Insanely Rich Celebrities

Tip #1: Shop Smart

Britney Spears does!

According to TMZ, the performer spent just $34,000 last year on grooming and wardrobe. Barely a rounding error for Spears, whose 2012 earnings easily topped $10 million.

Estimated net worth: More than $200 million

Tip #2: Save!

While only 24% of Americans have enough savings to cover six months worth of expenses, Jay Leno saves his entire salary from The Tonight Show.

You needn’t be so extreme. A commitment to save just 10% of your take-home pay can make a huge impact.

Estimated net worth: More than $150 million

Tip #3: Do It Yourself

Americans tend to spend anywhere from $1,000 to $5,000 annually dining out. Why not pocket some of that change?

Eva Longoria learned to live off the land when her father took her on camping trips with no food. To this day, the actress says she can skin a deer.

Estimated net worth: $35 million

Tip #4: Reuse and Recycle

Like most penny pinchers, actress Sarah Michelle Gellar clips coupons and shops the sales. But that’s not her only strategy for saving. Gellar has also confessed to bringing a reusable bag to claim a discount when shopping at Whole Foods.

Small discounts can add up over time. Think of your annual grocery tab. Most of us spend between $150 and $300 per week, according to the Department of Agriculture. Cutting the bill by just 5% would leave you at least $390 richer.

Estimated net worth: $15 million

Tip #5: Make Your Stuff Last

Forget buying a fancy sedan. In a 2005 interview, actress Teri Hatcher said she’d rather drive her car for 10 years.

Turns out she isn’t alone. According to Polk, the average age of vehicles driving U.S. highways is now 11.4 years.

Estimated net worth: $50 million

Why Be Frugal? A Mega-Star Weighs In

“Money is very important to me because it allows me the freedom to choose what I want to do as an actor and most importantly because I want to accumulate enough so that one day I can do something really great and beneficial for other people, for the environment or for children.”

-- Leonardo DiCaprio, actor, philanthropist

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