‘I Got a Toyota Right Now in My Driveway’: Keke Palmer Says After Filing for Bankruptcy as a Teen, She Lives Far Below Her Means

Actress-turned-businesswoman Keke Palmer’s financial journey from childhood stardom to bankruptcy at 18, and her subsequent bounce-back into a savvy entrepreneur, is a tale of resilience for creatives with an enterprising spirit. (Photo: Instagram, @keke) Which is why she was selected as a speaker at a business conference in her hometown. Money Lessons While speaking at the “Building Wealth Today for Tomorrow Financial Empowerment Summit” in Chicago on October 12 Palmer detailed the roller coaster ride she has experienced with her finances, which has now paved the way for her to secure generational wealth for her son. According to Palmer recounted, her Hollywood journey began early when she landed her first role in “Barbershop 2: Back in Business” at the age of 10. By the time she was a pre-teen, she had become the financial backbone for her entire family, as her parents quit their jobs to support her career. Reflecting on this responsibility in 2023, Palmer shared in an Instagram post, “Due to traveling and scheduling both of my parents had to stop working to support my career and be present for my three siblings, leaving me with the financial responsibility around age 12.” View this post on Instagram A...