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Don’t Waste Money Eating Out

How much more of your empire would you hold on to if you stopped sharing with expensive restaurants?

Last week Yeezy raised a few eyebrows on his flight out when he passed on his in-flight meal for one he packed from home: caviar and a cookie made by Kim Kardashian.

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Have A Financial Plan

Even multi-millionaire celebrities can go bankrupt. Just ask the celebrities on this list.

Gwyneth Paltrow says she makes sure to stay permanently off of the celebrity repo list with a strict financial plan. Gwyn carefully tracks money coming in and out and planning for short and long-term financial goals to make sure her empire is always in the black.

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Ditch The Labels

Even supermodels can designer label their way into serious Black Card debt.

That’s why Tyra banks says she only wears uber-expensive labels when she’s paid to. When her wardrobe is on her dime, she only spends on the more-affordable versions of fresh-off-the runway looks.

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Live Below Your Means

There’s no reason to ball until you fall as soon as you’re able. Instead, take a page from Jennifer Lawrence’s book. The Hunger Games star spent her movie millions on a Chevy Volt and rent on the apartment she lived in when she first moved to LA.

The rest she puts right in the bank.

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Save More Than You Spend

Staying rich doesn’t happen by accident. Jay Leno says that he stays solvent by living off of the money he makes as a stand up comedian but saving the millions he makes on TV.

Jay says it’s a lesson he picked up in his early years:

“When I was a kid, I had two jobs. I worked at a Ford dealership and at a McDonald’s. I’d spend the money from one job and save the money from the other. That’s still the way I am now. I’ve never spent a dime of TV money — ever.”

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Start Building Your Nest Egg

It’s never too early. Everyone knows that Jay-Z is a multi-millionaire now, but did you know that the rapper had saved $100,000 by the age of 17?

The source of teenage Jay-Z’s money may have been illegal, but it was his under-the-mattress nest egg that gave him the collateral he needed to get his rap empire started.

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Take Help Where You Can Get It

Jersey Shore star Nicole “Snooki” Polizzi may have several million in the bank, but instead of spending it on a celebrity nanny, she moved in with her in-laws when she was pregnant.

Down-sizing when she didn’t have to not only saved her thousands, but gave her a head start on saving for her little ones’ future.

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“Don’t Drive A Bentley On A Benz Income”

That’s Stayve Jerome Thomas’ — also known as rapper Slim Thug — advice. What would he know about it? He literally wrote the book on financial planning for the newly rich: How to Survive in a Recession.

The basic message in his book? If you can’t afford to buy it three times over, then it’s really out of your budget.

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Always Have A Cushion

Even A-list actresses like Halle Berry put money away for times when jobs aren’t as plentiful as they are now. Financial analysts suggest that you should have at least 6 months of living expenses stored away to carry you through any surprises in your employment future.

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Don’t Spend It All On The Ceremony

Instead of spending all of the billions that he could spare on his wedding, Mark Zuckerberg opted for a backyard ceremony.

Follow in his footsteps and you could save yourself from starting out your married life in debt — or save your money for the honeymoon of your dreams.

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Don’t Be Afraid To Rock It Again

Kate Middleton has been blazing a trail for frugal fashionistas by being unashamed to be photographed in the same outfit or shoes lots of times.

Why waste money upgrading from your favorite piece — especially when even royalty isn’t afraid to recycle.