5 fierce money lessons from celebrity women
Businesswomen? More like business-weapons. These ladies have been hitting goals left, right, and centre in the last year, from making scarily successful movies and running a drag queen empire to inheriting the literal title of Queen. What can we learn from their success?
Here are 5 crucial money lessons from 5 celebrity women.
Margot Robbie’s “Barbie” movie: Choose good people
Margot Robbie was tapped as the producer for the intensely successful Barbie (2023) movie long before she was cast in the lead role. And her great money choice? Making indie feminist filmmaker Greta Gerwig the screenwriter and director.
Not only did this drum up immense hype, but Gerwig’s witty brand of womanism could deliver that unique combo of celebration and critique.
And after more than $1.4 billion at the box office and several Oscar nominations – including one for Robbie as producer – we’d say she was right.
So what’s the money lesson? As a businesswoman, choosing good people – and trusting them to carry on your vision – is key. So, if you’ve taken out a business loan to manifest your idea, don’t rush the hiring process. Teamwork literally makes the dream work.
Fun fact!
Margot Robbie did many of her own stunts in Suicide Squad (2021) – often because the professional stuntwomen couldn’t do them. This woman is an actual weapon.
Taylor Swift’s Eras Tour movie: Back yourself
Taylor Swift’s highly successful filmed version of her 2023-2024 Eras Tour is notable not just because it’s the highest-grossing concert film of all time and has an impressive 99% on Rotten Tomatoes, but because the singer-songwriter financed and distributed it herself.
The genius of this move was that it allowed Swift to cut costs and retain control. Puck estimates the film only cost $10-$20 million. It also let Swift partner directly with theatres and show the world that you don’t need the big studios to make the dream happen (provided you have Taylor Swift money).
So what’s the money lesson? It’s okay to be your own champion. You don’t need the traditional system to get stuff done, especially if it costs you more and isn’t welcoming.
Tracee Ellis Ross’s Pattern Beauty: Own your experience
Tracee Ellis Ross is more than the nepo-baby of singer Diana Ross – in 2019, the actress and producer became an entrepreneur by founding her own beauty brand for the “natural hair community”.
As the proud owner of mixed-type curls, Ross understood the difficulties of finding gentle yet effective products for washing, styling, and maintaining Afro-textured hair. Instead of letting the gap in the market sit, Ross embraced her experience and used it to found Pattern Beauty in 2019.
Years later, the company has made a major splash, partnering with retailers such as Ulta , Amazon , and Sephora .
So what’s the money lesson? Who you are is unique to the market. Let it shine!
Queen Mary of Denmark’s Airbnb: Have a backup plan
The Australian Queen of Denmark copped criticism when it was revealed she and her royal husband had listed their Swiss chalet on Airbnb. Since the Danish Royal Family is on a public allowance, they cannot purchase property without approval from the government. (Turns out they used their own money).
Queen Mary and King Frederick have since announced they will no longer earn money by renting it out, but it is an interesting display of frugality from literal Old Money.
So what’s the money lesson? Wealthy people receive money from assets, like investment properties, share portfolios, or high-interest savings accounts – not income. It’s okay to have a backup plan to supplement your salary (provided it’s legal).
Trixie Mattel’s whole vibe: Money is just a tool
Internationally successful drag queen, businesswoman, and YouTuber Trixie Mattel is refreshingly candid regarding money and might have the galaxy mindset on wealth.
Mattel grew up “below-below the poverty line” as a Queer and Indigenous youth, but has since gone on to become a “1-percenter in California” (her words). Her rags-to-riches story is a testament to her work ethic and business acumen, but Mattel also knows to be thoughtful and healthy with her relationship with money. Seriously, her money mindset is the financial realness we need.
In her latest Q&A video, she confesses it can be tricky to talk about money because it invites criticism. However, Mattel draws the most meaning from money by preparing for retirement and helping her mother and sister.
“In some ways, being able to help your family, that is when you feel the most, ‘Money means something’. When you can help rescue someone you love from a barrier that has to do with money,” Mattel explains.
You can watch her full explanation here.
So what’s the money lesson? Money is a tool to meet goals, save for the future, and live out your values. It doesn’t define who you are, and there are healthy ways to talk about it. Yas Queen!
Happy International Women’s Day, folks! The cost of living can suck, and women disproportionately get left behind when it comes to financial literacy.
So this 8th March, learn, embrace, and teach the young girls in your life about money. They’ll thank you later. To get them started for the future, you can compare savings accounts in the table below.
Compare savings accounts
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Savings Account
5.50% p.a. (for $0 to $250,000)
5.00% p.a.(for $0 to $1,000,000)
Yes up to $250,000
Bonus variable rate is available for the first 4 months.
Enjoy a high interest savings account with no account keeping fees to pay. Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace. Multiple 2024 Mozo Experts Choice Award winner.
CompareCompareSavings Account
Enjoy a high interest savings account with no account keeping fees to pay. Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace. Multiple 2024 Mozo Experts Choice Award winner.
- Maximum rate
- 5.50% p.a. (for $0 to $250,000)
- standard interest rate
- 5.00% p.a.(for $0 to $1,000,000)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus variable rate is available for the first 4 months.
- Access
- BPay, Branch access, Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must have a Macquarie Transaction Account to link with.
Read reviews and learn more about Macquarie savings accounts
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Bonus Saver
5.00% p.a. (for $0 and over)
1.00% p.a.(for $0 and over)
Yes up to $250,000
Bonus interest for the first four months from the account opened date. No minimum balance required. No monthly or ongoing fees or withdrawal penalties. Manage your money easily via phone or online banking or via the BCU Bank app.
CompareCompareBonus Saver
Bonus interest for the first four months from the account opened date. No minimum balance required. No monthly or ongoing fees or withdrawal penalties. Manage your money easily via phone or online banking or via the BCU Bank app.
- Maximum rate
- 5.00% p.a. (for $0 and over)
- standard interest rate
- 1.00% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus rate for the first 4 months from account opening.
- Access
- BPay, Branch access, Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- -
Read reviews and learn more about BCU Bank savings accounts
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PremiumSaver
5.35% p.a. (for $0 to $250,001)
1.45% p.a.(for $0 and over)
Yes up to $250,000
Increase balance by $200 by the end of each month
Reward yourself with a higher rate for your good savings habits. Rabobanks’s PremiumSaver is simple - receive the maximum rate when you grow your balance by at least $200 each month (T&Cs apply). Plus, your savings help our Aussie farmers produce the food we love to enjoy.
CompareComparePremiumSaver
Reward yourself with a higher rate for your good savings habits. Rabobanks’s PremiumSaver is simple - receive the maximum rate when you grow your balance by at least $200 each month (T&Cs apply). Plus, your savings help our Aussie farmers produce the food we love to enjoy.
- Maximum rate
- 5.35% p.a. (for $0 to $250,001)
- standard interest rate
- 1.45% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Maximum rates apply when your closing balance on the last day of the month is at least $200 more than it was at the beginning of the first day of the month (excluding interest earned).
- Access
- Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must link to a transaction account. Must hold and maintain a HISA.
Read reviews and learn more about Rabobank savings accounts
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Mozo experts choice awards won:
- High Interest Savings - 2024
Savings Maximiser
5.50% p.a. (for $0 to $100,000)
0.55% p.a.(for $0 and over)
Yes up to $250,000
Deposit $1,000 into a personal ING account, make 5 eligible transactions with a linked Orange Everyday account and grow the balance each month.
Great variable rate every month when you grow your balance each month in addition to other eligibility criteria. No ING fees to pay. Save even more with ING Everyday Round Up. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^
CompareCompareSavings Maximiser
Great variable rate every month when you grow your balance each month in addition to other eligibility criteria. No ING fees to pay. Save even more with ING Everyday Round Up. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^
- Maximum rate
- 5.50% p.a. (for $0 to $100,000)
- standard interest rate
- 0.55% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- For customers who deposit $1000 from an external source into a personal ING account (excluding Orange One and Living Super), make 5 eligible transactions and grow their nominated Savings Maximiser account each month so there is more in the account at the end of the month than there was at the start of each month (excluding interest). The total bonus interest rate is available on balances up to $100,000 on one Savings Maximiser the next month after meeting eligibility.
- Access
- Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must be linked to an Orange Everyday transaction account to receive the bonus rate. Where multiple Savings Maximiser Accounts are held, the bonus rate is only applied to one nominated account.
Read reviews and learn more about ING savings accounts
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Savings Accelerator
3.55% p.a. (for $0 to $50,000)
2.85% p.a.(for $0 to $50,000)
Yes up to $250,000
New customers receive an introductory bonus 0.70% p.a. variable kick starter rate for the first 4 months on balances up to $500,000.
Enjoy the flexibility to access your funds with no monthly deposit requirements or lock-in terms. No ING fees to pay. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^
CompareCompareSavings Accelerator
Enjoy the flexibility to access your funds with no monthly deposit requirements or lock-in terms. No ING fees to pay. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^
- Maximum rate
- 3.55% p.a. (for $0 to $50,000)
- standard interest rate
- 2.85% p.a.(for $0 to $50,000)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- New ING personal savings customers receive an introductory bonus 0.70% p.a. variable kick starter rate for the first 4 months on balances up to $500,000. Reverts to variable ongoing rate.
- Access
- Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must link to a transaction account
Read reviews and learn more about ING savings accounts
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^See information about the Mozo Experts Choice Savings Account Awards
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