For two decades, Keke Palmer has been a household name for millennials and zoomers. But she lives her life like a non-celebrity as a means to plan better financially after filing for bankruptcy at 18. Palmer, now 31, got her start in Hollywood as a kid — booking her first acting role in Barbershop 2: Back in Business in 2004, when she was 10 years old.
From there, she booked major roles in 2006's Akeelah and the Bee and 2007's Jump In. Having had a rapid rise to fame, Palmer — who went on to star as the titular character on Nickelodeon 's True Jackson VP — found herself providing for her family even before her teen years. During an appearance at the Building Wealth Today for Tomorrow Financial Empowerment Summit on Friday, October 12, Palmer revealed in her speech at the event that she hired a business manager at 12 years old.
But despite their guidance, she found herself filing for bankruptcy between the ages of 18 and 19, around the time True Jackson VP ended. "I was so spooked. I was like 'What went wrong?" the Nope star recalled, per Buzzfeed .
Elsewhere during her speech, Palmer — who is mom to 1-year-old Leodis — revealed that she is still shaken up at the thought of filing for bankruptcy. But she's learned her lesson and she explained that she is avoiding any similar situations in the future by choosing to live below her means. "If I got $10,000 in the bank, then my house would be $500 a month.
..I mean, because I can probably afford something $2,500 maybe, bu.