Tiffany Haddish made a smart business move when she landed her breakthrough role in Girls Trip. The comedian and actress paid off her house.
In an interview with Cosmopolitan, the 42-year-old opened up about fears she had of going back into poverty.
“So immediately when I started making a little bit of money doing things like Tyler Perry’s If Loving You Is Wrong and The Carmichael Show, I started trying to figure out how to create generational wealth. The fastest way to do it and the first way you should go about doing it is buy some land.”
She continued, “So before we even got into season 2 of The Carmichael Show, I bought a house. Everybody told me I should wait, but I didn’t care. I just knew I was going to have to always make enough money to take care of me and the house, and that’s what I did. Between that show’s next season, the Keanu movie, and making sure I can live comfortably off of $500 a month, I was able to pay off half the house.”
Haddish added, “The Girls Trip check was the final check. People told me to spend it in other ways, but I used it to pay off the house because I was always afraid of being homeless again. Now I have a surplus of money, but I’m still afraid of being poor again. Every movie I made, I would just buy another piece of land or a house.”
Haddish is continuing to build her business skills, as she is now enrolled at Harvard for business.
Read the full Cosmo cover story interview here, which includes why she turned down a $10 million Instagram post.