Keke Palmer Shares Financial Mindset and Explains Why She Keeps Her Rent at Just $1,500

Keke Palmer became a millionaire at 12—but even with $1 million, she’d still only pay $1,500 in rent and drive a Lexus: 'I live under my means'

Actress Keke Palmer made her first million at 12 years old, but still lives by a frugal mindset her parents instilled in her as a kid. Palmer said even with $1 million in the bank, she’d only pay $1,500 on rent, and would drive a Lexus over a Bentley. Other successful billionaires like Warren Buffett, Mitzi Perdue, and Mark Cuban espouse living under their means.  It’s natural to want to splash out when success finally rolls in, ushering a new e…

Keke Palmer shares financial mindset and explains why she keeps her rent at just $1,500

Keke Palmer may be a celebrated actress, singer, and author, but she’s just as focused on saving money as she is on red carpet appearances. In a recent interview with CNBC, Palmer revealed how deeply she values financial discipline: “I live under my means. If I have $1 million in my pocket, my rent is going to be $1,500—that's how underneath my means I'm talking.” Palmer credits her parents for instilling strong financial habits early on. Speaki…

Keke Palmer Reveals the Importance of Living Below Her Means: "My Rent is Going to Be $1,500"

The actress says her parents helped her build good financial habits.Getty Images Keke Palmer at the Vanity Fair Oscar party on March 2, 2025.Keke Palmer is a frugal queen, according to her latest interview."I live under my means," she told CNBC earlier this week.Palmer previously spoke about how her parents taught her good financial habits.Keke Palmer might be a famous actress and a bestselling author, but she still prioritizes saving. In a new …

Keke Palmer shares her top financial habit— 'If I have $1 million in my pocket, my rent is going to be $1,500'

Palmer, a multi-hyphenate entertainer and personality in the limelight since she was a child, shares her philosophy on saving and frugality.

Here’s Why People Are Divided Over Keke Palmer’s Latest Comments About Her Finances And Living Well Below Her Means

“This quote makes me think she is more disconnected from reality than had she said nothing at all.”View Entire Post ›

Keke Palmer Says She’s Keeps Her Rent at $1500 to Live Below Her Means

Source: River Callaway / Getty Keke Palmer may have been in the spotlight since she was a child, but she’s not living like a typical Hollywood star. In a recent interview with CNBC, the actress and author opened up about her approach to money—and it’s not what you’d expect from someone with a successful career in entertainment. Text “RICKEY” to 71007 to join the Rickey Smiley Morning Show mobile club for exclusive news. (Terms and conditions). “…