Quantcast
RELATED

Tiffany Haddish has never shied away from sharing her truth with the world. From her upbringing as a foster child to her love life with rapper Common, the comedian always lays it all out on the table. So, when it comes to her finances, why would it be any different? The Girls Trip breakout star recently spoke with Business Insider about building wealth, budgeting and how she was able to pay down debt.


Going in and out of foster care and experiencing homelessness, Tiffany wasn't always financially secure and she eventually fell into the trap that millions of Americans have: credit card debt. In 2020, CNBC reported that almost half of Americans have credit card debt. That's 120 million people. Many people fall victim to credit card debt due to the lack of financial literacy, something that Tiffany relates to.

"Getting a credit card and not knowing how credit cards work, buying stuff I couldn't afford and not having enough money to pay it back, thinking overdraft protection was like they're looking out for me—that's bad moves," she said.

The comedian urges people not to "spend more than what you've got," stating that she learned "the hard way."

Now that she's a successful comedian and actress, The Last Black Unicorn author has been working to clean up her finances. While doing so, she received a piece of advice that helped her get on the right track.

"If you spend money, write it down. Every time you spend some money, write it down. And then you'll be like, 'Oh, wait.'

"You'll be more conservative. When I received that advice from someone older, they were like, 'Every time you spend money for the next three days or the next week, just write it down, and then you'll see how much money you spend. Then you can start re-budgeting.' It helps a lot."

With her newfound knowledge, the Night School actress has teamed up with mobile banking company Chime and media company ATTN to co-produce Hotline Cha-Ching, a video series that focuses on financial literacy for the younger generation. She hopes to teach the up and coming generation how to grow and save their money.

"I wish I would have known that you could use other people's money and both of you grow in the process, like when you make investments and stuff," she said during the Insider interview. "I wish I would have known that no matter how old you are, you can buy a house."

Tiffany isn't playing games when it comes to investing and building generational wealth. During her appearance on the SmartLess podcast, the Nobody's Fool star revealed that if she were to get engaged to boyfriend Common, she wants him to propose with "the deed to a duplex or a 36-plex" instead of a ring "because a marriage is a union of two businesses, and the whole point of coming together is to grow yourselves, but also grow a family and make sure they have something to inherit."


She continued, "So this ring, they can inherit the ring, but what's that, $2,000, $3,000? Maybe $10,000? What is that? But if you get an apartment building that will increase in value, the children will always be able to go to school, we'll always have something. If we get sick or something, we'll have something to cash out and be able to take care of ourselves."

Featured image by Stefania D'Alessandro/Getty Images

 

RELATED

 
ALSO ON XONECOLE
Sergio Hudson On Designing With Intention And Who Gets Left Out Of The Industry

Sergio Hudson dreamt big as a young South Carolina boy staring out of the window of his mom’s Volvo driving down the Ridgeway, South Carolina streets. Those dreams led him to design opulent tailoring that’s been worn by Beyoncé, Queen Latifah, former Vice President Kamala Harris and Forever First Lady Michelle Obama, just to name a few.

Those dreams have come full circle in a new way as he recently collaborated with Volvo for a mini capsule collection suitable for chic and stylish moments this fall. The 40-year-old designer follows a long legacy of fashion aficionados who’ve used their innovation to push the automotive industry forward, including Virgil Abloh, Eddie Bauer, Paul Smith and Jeremy Scott.

KEEP READINGShow less
Why A Solo Trip To Aruba Was The Nervous System Reset I Needed This Winter

Christmas has always been my favorite holiday. I host every year, from intimate dinner parties to holiday movie nights and even bigger holiday parties for my business. I’m also always the person who encourages others this time of year who are navigating grief, but this year I found myself holding more than I could carry.

2025 was a beautiful year, one marked by growth, travel, and wins I worked hard for, but it also carried profound grief. The day before Thanksgiving, my godfather, who helped raise me and had been a second father to me my entire life, passed away. On the day of his funeral, my grandfather was admitted to the hospital as he began treatment.

KEEP READINGShow less
6 Signs It's Time To Leave 'It' Behind You In 2026

Y’all know what folks tend to do in the hours leading up to a new year — they make New Year’s Resolutions. And while I’m personally not the biggest fan of those (check out “Forget New Year's Resolutions, Try This Instead.”), what I do like to recommend is taking personal inventory to see what you need to hold on to and what you can stand to actually…let go of.

So, let’s get right into it.

KEEP READINGShow less