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In a recent interview with SiriusXM’s Sway in the Morning, actor Chris Pratt opened up about the financial missteps he made early in his career, despite his modest beginnings. Pratt humorously recalled his initial naivety with money management, admitting, “I was under the impression that I would never run out of money.”
Pratt shared that his first significant paycheck of $75,000 from a TV movie was a momentous occasion. Reflecting on that time, he humorously recounted his reaction, “Are you serious?” and confessed he wasn’t thrifty with it. Pratt’s financial habits were shaped by years of living on a restricted budget, which influenced his perspective on money. He remembered feeling a false sense of financial security, leading to carefree spending sprees.
Pratt entertained listeners with a humorous anecdote about his early financial irresponsibility. He jokingly sang a parody of George Michael’s “Careless Whisper,” saying, “I was like, ‘I’m never gonna wait again. Fuck you, bitches, I am leaving.’” He continued, “And then about two months later, I was like, ‘Where’d that money go?!’” This light-hearted story highlighted the common experience of newfound wealth leading to rapid, and often reckless, spending.
Pratt’s journey towards financial literacy exemplifies the challenges many entertainers face when they suddenly achieve success. He admitted that he had little understanding of money management and was quick to spend his earnings on extravagant trips to Hawaii and Australia, and even entertained the idea of buying a yacht. Eventually, Pratt had to confront the reality of his unsustainable spending habits.
Reflecting on his career, Pratt acknowledged his family’s financial struggles and his lack of early financial education. He recognized the importance of developing a financial plan to ensure long-term stability for himself and his family. Pratt emphasized the need for maturity in financial decision-making, stating that he had to learn to save and plan for the future.
Among his career highlights, Pratt mentioned earning his SAG card, securing representation, and appearing in a Carl’s Jr. commercial. However, he cited purchasing a home for his mother after being cast in the TV series Everwood as his most significant accomplishment.
Chris Pratt’s candid reflections on his early financial missteps and the importance of financial literacy offer valuable insights. His story underscores the need for financial education, especially for those who come into sudden wealth, and highlights his growth from carefree spender to financially responsible adult.