Quantcast

Jada Pinkett Smith Does Not Lend Money To Family And Friends

“I'm not trying to have fallouts over money."

Celebrity News

OK, so it goes without saying, that Jada Pinkett Smith knows a lil' bit about money. She's worth [redacted] millions of dollars, her husband is worth [redacted, redacted] millions of dollars, and her kids keep chips on them too. So, at her caliber and status, she can probably rap "Mo' Money, Mo' Problems" with more conviction than Mase, Puff, or Biggie ever could.

And Jada wasn't shy about expressing any of it on the latest, and final, Red Table Talk episode of the season. When a caller reached out to ask how she deals with giving money to family and friends, well...sis went in.

"So, I came up with a couple rules for myself. First of all, I don't lend money. I only give money that I'm willing to give away, like, 'this is a gift.' I do not lend money because that turns into a lot of problems just as far as the expectation of people paying back. So, I tend to not give where I can't just say, 'here's a gift for you.' Specifically people who are really close to me because I'm not trying to have fallouts over money."

She continued:

"And then the next thing is, when someone really needs help, I really evaluate it to see if the person is ready for that help. So, if somebody is like, 'I want a new house' but they don't have a job to support the house they're trying to buy, it's like, well, you're not ready for that. So, I'm not about to help you get into something that ultimately is going to make more difficulty for you."

Clearly, she may be on to something as Oprah echoed her sentiments before where, in a video interview with O Magazine, she said she also doesn't lend money: "Just have it as a standard policy: Don't loan friends money," she says before Gayle interjects with: "But Oprah, what if your friend is in trouble?" Oprah answered:

"Give your friend the money and say, 'Look, I'm just gonna do this for you, you don't even have to pay me back.' 'Cause loaning friends money will cause you major issues in the friendship."

Whew.

Overall, Pinkett Smith has no problem with helping with friends and family, as long as the situation falls within her own boundaries. And she makes it clear that her boundaries are the only thing that matters when it comes to giving money.

"I would say for people like us who came from backgrounds where we didn't have much, the biggest thing is don't feel guilty because we got our grind on. You don't owe nobody nothing. Don't feel guilty. I've spent so many years feeling guilty, and my guilt made me feel like I owed everybody and I wasn't allowed to say 'no.' And that's just not true, right?"

Are you a member of our insiders squad? Join us in the xoTribe Members Community today!

Featured image via Jada Pinkett Smith/Instagram

Academy award-winner Jamie Foxx is one of those celebrities that can do it all! He sings, acts, writes, plays piano and can make a whole room burst into laughter with one joke. With a new book and other projects on the way, he has shown that he has no plans of settling down in his career and apparently his love life. In his book, Act Like You Got Some Sense, the father of two daughters opened up about not wanting to get married and spoke with Daily Pop to provide further insight on his decision.

Keep reading... Show less
The daily empowerment fix you need.
Make things inbox official.

Close your eyes and imagine a combination of your favorite websites all-in-one: Pinterest for inspiration, Google for credible information, and YouTube for visual examples and informative demonstrations. When you open your eyes, you'll find Melanin Moi, a platform for discovery, specifically for Black women.

Keep reading... Show less

Listen, I know we all say that Black doesn't crack. Still, that doesn't mean we shouldn't be proactive about maintaining our melanin on a regular basis. Personally, the older that I get, the more interested I've become in oils that come with a myriad of all-natural beauty benefits. And while sweet almond, grapeseed, avocado and rosemary are my personal faves, something that has been piquing my interest more and more is amla oil.

Keep reading... Show less

While snapping back quickly after having a baby has become something celebrated in pop culture, many celebrities are beginning to speak out against it. Celebs like Beyoncé, Tia Mowry and more have opened up about the pressure to shed their baby weight fast and get back to their pre-baby body.

Keep reading... Show less

Describing the last year and seven months as challenging would be an understatement. While many of us went from working in an office to our living rooms virtually overnight, employers are slowly beginning to reopen offices for those that are eager to get back to some sense of normality. I get a mixed reaction when asking people how they feel about re-entering the work space.

Keep reading... Show less
Exclusive Interviews

Adrienne Bailon Wants Women Of Color To Take Self-Inventory In Order To Redefine Success

"You can't expect anyone else to care about yourself like you do."

Latest Posts