2013 Best Actress Winner Jennifer Lawrence Named Gen Y's Top Personal Finance Role Model by GoBankingRates.com

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Personal finance site GoBankingRates.com examined the financial habits of today's most idolized 20-somethings in Hollywood, and determined Jennifer Lawrence to be the most exemplary of smart money management skills that Generation Y can look to as a role model.

Jennifer Lawrence

Jennifer Lawrence

It's refreshing to see a young woman in Hollywood who, despite making millions, refuses to succumb to the common, frivolous spending of her peers.

Jennifer Lawrence has emerged as Hollywood's newest "it" girl, garnering fame for her starring role in the Hunger Games series and recently winning an Oscar for "Best Actress" in Silver Linings Playbook. However, as GoBankingRates detailed in a recent profile of the star, Lawrence is also a talent off the screen when it comes to finance, naming her the top personal finance role model for members of Generation Y.

"It's refreshing to see a young woman in Hollywood who, despite making millions, refuses to succumb to the common, frivolous spending of her peers," stated GoBankingRates managing editor, Casey Bond.

For Jennifer Lawrence, salary growth has happened at a meteoric pace since her film career started blossoming in 2010. In fact, she was included in the Forbes Women to Watch list, which cites her paycheck for Catching Fire to come in at more than $10 million, which, when combined with earnings from several other projects, may make her one of the top paid actresses in 2013.

Even so, she has remained admirably economical with her day-to-day spending. GoBankingRates' profile of the actress lists a number of examples in which Lawrence has demonstrated her frugality, including:

-Living in the same three-bedroom apartment since she moved to Los Angeles several years ago
-Looking for bargains when grocery shopping and clipping coupons
-Driving the same Volkswagen she’s owned for years

"A lot of young eyes are on Jennifer Lawrence, and for once, we can actually feel good about Gen-Yers emulating their favorite actress," Bond added.

While GoBankingRates identifies Jennifer Lawrence as the top personal financial expert for Generation Y, the site also points out that anyone, young or old, can take several cues from her on striking a good balance between earning and spending — proof that not all million-dollar celebrities are wasteful with their finances.

Click here to read the full profile.

For questions about this report or to schedule an interview with a GoBankingRates.com editor, please use the contact information below.

About GoBankingRates.com

GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. GoBankingRates.com collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.

Contact:

Jaime Catmull, Director of Public Relations
GoBankingRates.com
JaimeC(@)GoBankingRates(dot)com
310.297.9233 x261

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Source: Forbes, “The World’s Most Powerful Women: Women to Watch,” 2012.

Photo: Mingle MediaTV via Wikimedia Commons

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