When you are looking for solid advice on how to manage your money, Hollywood and the star-studded film and music industry are likely your last options. However, these celebs may actually have a few good things to teach us about how to (or rather, how not to) use our money. Check out this list from Simple Living Australia on what some celebrities have taught us about personal finance:

Blowing Your Cash on Useless Items is a No-No 

Pop Star, Beyoncé forked over nearly $430 thousand dollars (yes, that’s almost a half million) for a pair of shoes. Yes, shoes. Granted they consist of over 1300 diamonds, but that is still a pretty penny for a pair of shoes she will probably wear once. While you may not have the funds to spend that much on a pair of shoes, it never hurts to think twice about your purchases. Trim back on impulse buys and only buy items you know you are going to use.

Live Within Your Means 

Recently American rapper, 50 cent filed for bankruptcy. Reportedly he did this to avoid paying a $7 million lawsuit he lost after publishing a *ahem* naughty tape online. His bankruptcy paperwork became public and revealed that the musician and business owner spends over $5,000 per month on gardening and spends over $70,000 a month keeping up his home. Look at your budget and find out what expenses you cannot afford and cut them. It could be that daily latte or eating lunches out. Before you find yourself near bankruptcy; save some cash by cutting back on nonessentials.

Use Coupons to Save Cash

Kristen Bell (star of House of Lies, Veronica Mars and the voice of Anna on Disney’s Frozen), uses coupons when she shops. With a net worth of $16 million, she probably does not need to use coupons, but she seems to understand that you do not always have to pay full price for everything. Before you head out for your grocery trip or to purchase a new item for your home, see if you can find a coupon to save a little cash.

Save, Save, Save

Former television host Jay Leno, may be one of the smartest celebrities financially. Leno reportedly only spent money he made from his comedy routine. All of the income he made from working on The Tonight Show, he saved or invested. Guess how many times he filed for bankruptcy: zero. Pay yourself first. You should set aside at least 10 percent of your income aside for emergency savings or investment.

Divorce Can Be Expensive

Sarah Ferguson, Duchess of York, took a huge financial hit following her divorce from Prince Andrew. Her finances took such a dive that she was reportedly caught trying to sell access to famous family members. She is currently working to rebuild her own life. Multiple studies show that finances are a major reason spouses get divorce and financial troubles can get worse, even temporarily, following a divorce. If you want to protect your marriage against divorce, take time to work on a budget, create a savings account and plan for rainy days. Communication about financial matters is key.