Nora Lum, aka Awkwafina, is an American rapper, comedian, actress on hits like "Crazy Rich Asians" and "Ocean's 8," and if you recall, the first Asian-American to win a Golden Globe award. What's so unique about her isn't just her mad entertaining skills, but also the fact that despite her net worth, she still spends no more than a couple thousand dollars a month.
So what's her recipe for frugal living success?
Play it safe mindset
"I don't splurge on literally anything..." she tells guest host Lisa Ling on an episode of "Death, Sex & Money." It's a mindset she grew up with. Her mother passed away at a young age, so she was raised by her grandmother in a one-bedroom apartment in Queens.
Watching her grandmother struggle to pay the bills while working four jobs was seared into her childhood memory. Awkwafina goes on to tell Ling about her grandmother... “She would lie awake sometimes, and we’d be next to each other, and I asked her, ‘What is your only wish, Grandma?’ And she was like, ‘Just being able to pay my bills this month...’ It was something that ate at her and I remember as a kid thinking that we don’t have money.”
Despite her rise to fame, she still lives in the same old Brooklyn apartment, shops for clothes at Target, and lives her life like she might lose everything tomorrow.
Our take on Awkwafina's story
💪 Focus on your passions and persevere. Some people call this grit.
💪 Adopt the minimalist mindset. The "just the basics" versus "keeping up with the Joneses" approach frees mental space and reduces your stress, so you can unlock creative superpowers you may not know you had!
💪 Turn your weakness into a strength. Don't let your bad life episodes take you down. You have the will to overcome your past.
Btw, Awkwafina isn't the only celebrity to adopt a frugal life... Warren Buffet still lives in the same house he bought in 1958 for $31,500, and Carrie Underwood still clips coupons, makes all her own meals, does her own grocery shopping, and considers a Subway sandwich a splurge. It sure does give us something to think about.