Kim Kardashian's Financial Advice For Millennials

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Kim Kardashian's fame and popularity the past last decade may have been jump-started by an unfortunate video-tape leak, but she knows a couple of things about maximizing her financial windfalls. Her late father, Robert, was a well-known Los Angeles attorney, who acted as a defense attorney for friend O.J. Simpson in the football star's 1995 murder trial. Her step-parent, Caitlyn Jenner, was an Olympic gold medalist and has run a very successful aircraft supplies company. Kim, meanwhile, settled her sex tape lawsuit
for $5 million
. The E! Network's "Keeping Up With The Kardashians" has been wildly successful since debuting in 2007. And
Glu Mobile Inc.GLUU
's "Kim Kardashian: Hollywood" app has been a
multi-million dollar hit
. For better or for worse, she has stamped her influence on a generation. So what can millennials learn from the socialite entrepreneur with a net worth of $85 million? In a recent
interview with MarketWatch
, Kardashian laid it out. "I was fortunate for my parents to teach me about credit and saving and things like that. It's nothing they teach you in school, and I really think that is unfortunate," Kardashian told MarketWatch's Sally French. "I think classes on credit, and saving, and balancing a checkbook, which is so simple, should be taught in school because a lot of people don't know much about it." The reality TV star continued, "From an early age I was well-educated and just learned a lot about the simple things and never got into too much trouble. And you know, it's just saving. I love to spend but I also love to work hard and save. I think it's really important to build a future and just make sure that you don't over indulge all the time."
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Posted In: Personal FinanceKim Kardashianmillennials
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