How Taylor Swift Got So Rich and What You Can Learn from Her

Disclosure: We’re letting you know that this post contains sponsored links which The Smart Wallet receives compensation for, which may impact their order of appearance because talking about money should always be an honest discussion.

While Taylor is born a Sagittarius, she has 4 natal planets in Capricorn, whose traits are known to be excellent with money, business, investments, and are ultimate worker bees. Sound familiar? It also helped that her father was a stockbroker/wealth management advisor and her mother sold mutual funds, which meant finance savviness runs in the fam.

She has an estimated net worth of $550 million, big partnerships and endorsements she believes in, as well having a huge heart since she regularly donates to nonprofits. Basically, she was once estimated to earn $1 million per day. I’m still working on my first million in this lifetime!

With the huge amount of money that she makes from her word, royalties, merch, and concerts ($9 million per show!), she puts a significant amount back into real estate, to grow her property empire and earn even more.

So while we can never get to that level of rich, we think making some smarter financial choices can help Swifties become slightly closer to Taylor’s sharp business acumen. Here are some ways to empower yourself!

1. Invest in the Brands You Love, Like Google, Apple, Netflix, and More

Just like how Taylor has brand partnerships and endorsements that she personally likes, for instance, Coca-Cola (specifically Diet Coke), CoverGirl, Target, and Keds, you can invest in the brands you’re interested in, starting at just $1. 

You don’t have to be rich to start investing, and you can do it with Stash, an investment app where you can choose where to put your money, and they’ll provide guidance and tools to help. Invest in some of the major companies that you regularly use to make a custom Personal Portfolio.

Since we don’t have brands clamoring to sponsor us, the next best thing is to invest in them! Your future self will thank you. Stash also gives new members $5 for any first investment so create an account to get started and stay, stay, stay.

2. Look for Ways to Boost Your Income (Even if it’s a Side Hustle)

We can’t all be making bank. But we can learn from Taylor’s hustle, even during the pandemic (hello, folklore, and evermore), and find opportunities to make money. Potentially, an extra $5,500 a year just by using Steady to find extra income which 3 million people are already on this free platform and growing every day.

You can find thousands of new part-time opportunities daily, plus earn cash rewards.

It only takes a few minutes to sign up for free so answer some work history questions & what type of job you’re looking for to see opportunities immediately

3. Never Ever Get Back Together with a Bank That Charges Overdrafts

It’s time to break up with banks that only makes withdrawals and charges nasty fees.

Use Chime, an online bank account with absolutely no monthly fees (yes, seriously) and savings at 1.00% APY1 — which is 12x2 the national average.

Their SpotMe feature lets you continue with a needed transaction even if you overdraft. That extra $20 you needed for some Taylor merch? No worries, Chime will spot you up to $200.3

There’s no minimum balance requirement, no foreign transaction fees, and is FDIC-insured up to $250,000. Get paid up to 2 days earlier** too since Chime processes your employer’s deposit immediately, giving you access quicker than traditional banks.

Chime is free to use, so why not give it a shot?

4. Save $826 a Year on Your Getaway Car

Taylor has an impressive car collection and obviously they need to be insured. But no one talks about that boring stuff unless it’s a lyric. So we think your getaway car’s insurance is probably charging you too much (and making your wallet cry).

What if we could save you $826 a year and you can check in literally 30 seconds?

It’s easy:

  1. Head over to The Smart Wallet’s auto insurance portal and connect your current insurance (no long form to fill out!)
  2. We’ll instantly check for a better deal
  3. See your savings!

Once we find you a better deal and you choose to switch, we’ll help you cancel your old policy, enroll you in the better one, and get a full refund on the unused portion of your prior payments. It’s the simplest and easiest way to get a refund on your overpriced car insurance policy.

5. Budget Within Means Since This is Why We Can’t Have Nice Things 

If you’ve been “feeling so Gatsby” this year with making up for lost COVID time, maybe it’s time to step back and get back to your budgeting roots (or start to).

Use Truebill, a free money management app that’s like your own financial control center and personal finance assistant in one. The app groups all your banking accounts together so you can see your earnings and spending in one spot. Plus, it helps you budget even if you don’t know how to.

Truebill will also alert you when services quietly raise fees, and will even cancel your hidden and unwanted subscriptions for you. Most importantly, it can help lower your monthly bills by 20%! Yup, they negotiate for you so you don’t have to deal with talking to reps.

6. Taylor Would Never Have Credit Card Debt 

If you have credit card debt of $50,000 or less, squash it down fast. While Taylor is rich, she would never let herself be in debt like that. AmONE can help by matching you with a low-interest loan to pay off all your balances.

This will leave you with just ONE bill each month, making it easier to manage as well as benefiting from a lower interest rate. AmOne starts at just 2.49% APR compared to credit cards that can go as high as 36%!

The lower the APR, the less interest over time you have to pay back which means getting out of debt even faster. Plus using AmONE has no credit score impact and repayment periods are flexible.

It only takes 2 minutes to check and you can get the funds as quick as 1 business day.

7. Make Money Giving Neighbor’s Items a Place to Stay, Stay, Stay

Mimic some of Taylor’s talented businesswoman-sense and utilize any unused space in your home to make money from. Basically turn an unused closet, room, garage, and more into passive income!

You can do it by becoming a Neighbor Host, where it’s free to list your space to earn extra money each month. Becca P., a middle school teacher makes an extra $10,000 a year being a host!

  1. List your space for free (describe the space you have available, upload photos, and how much you’d like to earn)
  2. Review renter requests (what they want to store/when) and approve
  3. Schedule a move-in time with your new renter for their belongings

There’s no extra paperwork and Neighbor automatically deposits money into your account each month, even if the renter doesn’t pay. Plus, there’s $1,000,000 property coverage for you and protection plans for your renters.

8. Invest in Property Like Taylor But Your Own Way

Taylor has upgraded from her $39,500/month rental on Cornelia Street to holding an impressive real estate property portfolio valued at around $81 million with at least 7 homes in different cities.

While you don’t have the pleasure of snapping up homes, you can still invest in commercial real estate with HappyNest, which offers the opportunity to invest in a REIT (real estate investment trust) with no platform or broker fees.

It only takes $10 to start because you’re investing in shares of the REIT, a growing portfolio of commercial real estate but not owning the actual property itself. Simply, you’ll be earning income from the guaranteed rent that’s collected from Fortune 100 tenants, like CVS Health, FedEx, and more!

9. “Credit Score Has to Be Over 700” 

When exchanging what they look for in a partner, a high credit score was agreed upon between Taylor Swift and Tiffany Haddish, after they starred together on SNL.

So what’s your own credit score? Use Credit Sesame, a free credit monitoring service that helps you improve and maintain your score. No credit card is needed!

You’ll get an easy-to-read view of your total debt plus everything that’s contributing to your current scores like credit usage, credit age, inquiries, and payment history.

It’s free to use so this is definitely a must-have in everyone’s life.


Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC.

1The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of July 13th, 2022. No minimum balance required. Must have $0.01 in savings to earn interest.

2The average national savings account interest rate of 0.08% is determined by FDIC as of June 1, 2022 based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. Visit National Rates and Rate Caps to learn more.

3SpotMe limits start at $20 and can be increased to $200 or more based on factors like Chime account activity or history. When your next deposit arrives, Chime will apply to your negative balance.

**Early access to direct deposit funds depends on the timing of payer’s submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer’s scheduled payment date.