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By Kyle Hanko
August 4, 2016
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)
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)
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” 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.

 

Advertiser Disclosure

The purpose of this disclosure is to explain how we make money without charging you for our content.

Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. To that end, you should know that many or all of the companies featured here are partners who advertise with us.

Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

To find out more about our editorial process and how we make money, click here.

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