People don’t often associate celebrity fathers with frugality, but there are a few out there who choose to make saving money a lifestyle, no matter how much they earn.
There are some celebrity fathers, in fact, who serve as amazing financial role models for their kids. They could also teach you a thing or two about saving money as you prepare to buy your own dad something special for Father’s Day.
Here is a list of some of the leading celebrity dads who not only serve as financial role models to their children, but can also help you learn to save as well.
#1 Mick Jagger
Rolling Stones’ Mick Jagger is not just known for being the king of rock, he’s also known as the king of frugality. This father of seven has reportedly made his ex-wife, model Jerry Hall, “pay for everything to do with the house and the children,” she shared in an interview.
While he’s known for being generous when it comes to buying gifts and presents, he likes to live an overall frugal lifestyle. He even taught his children to repair vehicles before having them junked.
#2 Paul McCartney
Fellow musician, Sir James Paul McCartney, of Beatles fame, takes pride in being a father of five. But this doesn’t mean he likes spending money on them if it means giving up his frugality.
Though McCartney is said to be worth $1 billion, he reportedly sent four of his children to local state schools instead of costlier, private schools. He also is said to have made guests at his ex-wife’s birthday party pay for their drinks.
His style of frugality may not be for everyone, but there’s no doubt that his kids know just what it takes to save and grow their money.
#3 David Grohl
Dave Grohl is known for being a member of not one, but two legendary rock groups: Nirvana and the Foo Fighters. However, did you know that this father of two is also know for being a bit of a penny pincher?
As a typical suburban dad, Grohl acknowledged in a 2003 interview that while he has tons of money, he’s “afraid to spend it."
Some of his apprehension comes from choices made early in his life. “Knowing I don’t even have a high school diploma to fall back on, I’m going to be really careful with what I’ve got."
At least his thrifty decisions will likely help build a solid savings fund for him and his family in the long term.
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