These 10 Celebrities Live a Frugal Life — Here’s What They Teach Us About Real Wealth

Source: Instagram @teddysphotos

6. Ed Sheeran — A Millionaire With a Budget

Ed Sheeran once revealed that he gives himself a “monthly allowance.” That’s right — the global superstar sets a spending cap for himself even though he could easily afford anything.

He says it helps him stay disciplined and keep perspective. Fame, he believes, shouldn’t mean forgetting how ordinary people live.

The takeaway: Budgeting isn’t just for people struggling to make ends meet — it’s a mindset that protects anyone, rich or not, from losing control.

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Picture of Sierra Callahan

Sierra Callahan

Picture of Sierra Callahan

Sierra Callahan

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