---
title: '''Black-ish'' Star Allen Maldonado Has Great Money Advice for Young Actors'
description: Actor Allen Maldonado talks about the money sacrifices he made on his way up.
authors:
  - name: Kyle Hanko
    url: https://money.com/author/kyle-hanko/
    at_money_since: 2016
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published: '2016-08-04T16:42:06.000Z'
modified: '2016-08-04T16:42:06.000Z'
section: Career Advice
tags:
  - best advice
  - Budgeting
  - Money
  - video
word_count: 111
canonical: https://money.com/money-advice-young-actors-blackish-star-allen-maldonado/
type: Article
source: structured-blocks
---

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![Television Academy And SAG-AFTRA Host Cocktail Reception Celebrating Dynamic And Diverse Nominees For The 67th Emmy Awards](https://img.money.com/2016/08/gettyimages-485543434.jpg)
*BEVERLY HILLS, CA - AUGUST 27: Actor Allen Maldonado attends the Television Academy And SAG-AFTRA Host Cocktail Reception at Montage Beverly Hills on August 27, 2015 in Beverly Hills, California. (Photo by Earl Gibson III/WireImage)*

Becoming a working actor requires an incredible amount of financial sacrifice. Just ask Allen Maldonado.

The actor, writer, and director, best known for his roles in ABC's hit comedy "[Black-ish](http://abc.go.com/shows/blackish)" and Oscar-nominated N.W.A. biopic "Straight Outta Compton," knows the sacrifices necessary to hit it big. He shares his best money advice for aspiring actors and actresses.

Maldonado recounts a story about how his car radio was stolen, and how he had to decide between paying for acting classes and buying a new car radio. He also talks about how he saved money on food while working in retail. He also talk about how he looks at money as representing opportunity.

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