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Zooey Deschanel: Responsible Celebrity Spender

fame not debt Zooey Deschanel: Responsible Celebrity SpenderThe news is full of stories of famous people behaving badly, especially in financial matters. How else would you have actors and former sports players filing for bankruptcy and putting their homes into foreclosure? Well, Zooey Deschanel can teach all those financially-free-wheeling stars a thing or two! The actress in “New Girl” and “500 Days of Summer” apparently revealed her earnings and spending patterns in a divorce filling – showing the world that she’s a responsible spender and saver.

According to information leaked to TMZ, Zooey makes $95,000 a month (or close to $1.2million a year).  But her expenses only average $22,500 per month, less than 25% of her gross income. Some of the expenditures included in that figure are her clothing at $2,000 a month, eating out and groceries at $1,500 a month, and $600 in laundry and cleaning. Plus, Zooey also donates $1,500 a month to charity. Thanks to her earning prowess and living-below-her-means-habits, Zooey has accumulated $1.5 million in cash, plus another $2.3 million in stocks, bonds, real, and personal property. She is setting herself up very nicely for life, and it’s good  to see a star preparing for the future. The divorce filings also show that Zooey only has 3 credit cards (quite a bit fewer than me and some of my readers), and is debt free.

I’ve liked Zooey Deschanel ever since I saw her movie the 500 Days of Summer, but this filling confirmed it for me. She’s a personal finance blogger’s new celebrity crush! Given that Americans have a pretty fervent love affair with celebrities, I wonder if famous people can ever make “saving” and “investing” cool, like the way that a bag that they carry or cars that they drive are cool. I’m not going to be holding my breath… but you know never know!

  • caroline - When I first read about Zooey Deschanel's financial state, I pretty much decided I like her (again). ReplyCancel

  • Michelle - I love Zooey Deschanel, and it's nice to know that she is spending crazy (relative to most celebrities). ReplyCancel

  • Flexo - Just another reason for me to be a fan of Zooey. ReplyCancel

  • Pam at MoneyTrail - It is nice to see a report of a celebrity who is making good choices. I wish this was reported more often but I guess it isn't as exciting as someone spending a gazillion dollars on shoes or clothes! ReplyCancel

  • @prairieecothrif - I think she is setting a great example for others. You don't need a ton of toys or to be wasteful with money just because you can be. Plus this is smart. She may not act forever which means her income could take a big hit. Saving for later is smart. ReplyCancel

  • Amber - Ok, what? I don't understand why people love her. She gives 1.5% to charity every month …. i mean, c'mon. ReplyCancel

  • @hithatsmybike - I first read about Zooey's frugality on http://www.shoppingdetox.com Impressive! I wish I could live on <25% of my income =( she is going to be a rich lady! … well, she's already rich really ReplyCancel

    • Well Heeled Blog - If you make $95K a month it'd be a lot easier to live on 25%. :) But that doesn't discount the fact that she is being VERY smart with her money and is an enviable financial position – even for a celebrity. ReplyCancel

  • ImpulseSave - Oh Zooey. What a smart girl (and not just because she wear glasses!) I love her new show, and now I just love her more! ReplyCancel

  • Kathryn C - So funny I thought the same thing! Did a write up on her last week similar to this one. I mentioned she's missing bond exposure, which I found interesting. Regardless, completely agree, what a good saver she is. Although I'm not a fan of her new TV show, she should stick to the big screen. ReplyCancel

  • MercyFirst - What I would do spend $2,000 on clothes every month… ReplyCancel

  • Sarah - Wow, that's quite impressive. Although 25% of $95000 is still a lot of expenses (!) I guess it's all about perspective. Good for her!

    On a side note, is her new TV show any good? It still hasn't aired here in Australia… ReplyCancel

    • Well Heeled Blog - I've seen a couple of episodes on Hulu.com, I like it. I probably wouldn't go out of my way to watch the show, but it's got its moments. Plus, Zooey is at her adorkable best in the show. ReplyCancel

  • Girl Makes Cents - She's pretty awesome. I LOVE their website HELLOGIGGLES. ReplyCancel

  • Shawanda - A friend recommended the movie a while ago, now I have to watch 500 Days of Summer. Plus, I think it has that guy from 3rd Rock in it. I loved him in Inception.

    Back to the point, I've seen Zooey all over most major news websites, but just haven't paid much attention to her. I think it's great she's managing her finances as wisely as she is. ReplyCancel

  • Don@MoneyReasons - Zooey is funny, in that you can just look and listen to her and know that she's cool. I bet she very responsible about the environment too.

    Personally, I enjoyed her in Elf, but I knew of her before that… She has a great voice :) ReplyCancel

  • Sense - zooey's been my numero uno girl crush since jimmy fallon's 'Idiot boyfriend' video (hilarious!), and i loved her in hitchhiker's guide, too. New Girl is my new favorite show–and I was prepared to hate it because I didn't know if she was going to be good in the TV medium. She and Him's stuff is pretty good, too. In other words, I'm a huge fan–it's really awesome that she is money savvy, too! (But $22K of expenses a month is about what I spend in a year!! WTF!) ReplyCancel

  • She Spends Less Than She Earns: Zooey Deschanel - [...] Photo: breezy421 TMZ [pdf] via Well Heeled Blog [...]ReplyCancel

  • your thriftiness - I think she's adorable, and it's definitely nice to see a celebrity who's NOT spending their fortune carelessly! Thanks for sharing this :) ReplyCancel

  • Sebastian - Wow! Zooey is a great role model on being thrifty. Having $95,000 month is a lot of money to be spent, but she had it all budgeted according to her needs only. I'm already a fan! ReplyCancel

  • waterbuffalo - Zooey Deschanel is my celeb. crush too! I didn't know she was frugal. Very cool. I don't think she will be able to make spending and investing cool for the masses. Although I think she is hot, (and I suspect so do a lot of other guys) it seems most people view her as kind of dorky. – prehaps the frugality even confirms it.

    Not that there is anything wrong with that! ReplyCancel

  • Personal finance links round-up « Leigh's Financial Journey - [...] Well Heeled Blog praised Zooey Deschanel, her celebrity crush, for being a responsible celebrity spender. [...]ReplyCancel

  • LittleFrugalista - Awesome that she spents >25% of her income, but how the heck do you spend so much on groceries, clothes etc? I guess I don't understand the celebrity lifestyle ;) And I guess if I made that much I'd be spending far more than 25%! ReplyCancel

  • belowhermeans - Further confirmation that she's even cooler than previously imagined. ReplyCancel

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