Sure, Justin Bieber doesn't have to worry about any financial problems now, but that wasn't always the case for the 19-year-old superstar.
"You know when I was a kid, we didn't have a lot of money growing up, so me and my family had to watch the money that we spent," he candidly says in this exclusive first video in his new Real Talk online video series, as the new brand ambassador for SpendSmart. "It wasn't easy, but I definitely learned some important lessons -- like how to save for stuff that I really wanted and how to make a budget."
He then shares this wise tip.
"I learned that whether you have $100 or $100 million, if you spend more than you have, you're gonna go broke."
Check out the video for the Biebs' sound financial advice, and click here for more information on SpendSmart.