Terry Crews Says He’s Made Every Money Mistake


Terry Crews
Terry Crews | Frederick M. Brown/Getty Images

Terry Crews, who is slated to host America’s Got Talent, has enjoyed a successful acting career. However, it wasn’t always smooth sailing for the former football player. Here’s what he said about making money mistakes and recovering from financial difficulty.

Money woes

Although Crews played in the NFL, he didn’t become rich. After retiring from professional football in 1997, he embarked on an acting career. However, before becoming an actor, he experienced financial difficulty. He had to repeatedly borrow money from a friend. Times got so tough he took a job sweeping factory floors for $8 an hour. “They sent me to a factory, gave me a broom, and I swept all day. I got $8 an hour for 8 hours,” he told Money. “That moment led to a total mindset shift. Before, I was begging for money. Now, I’m getting money. Whatever it takes, you can change your situation,” said Crews in his Money interview.

Making mistakes along the way

Terry Crews poses upon arrival for the BET Awards at Microsoft Theatre in Los Angeles, California, on June 24, 2018.
Terry Crews | Lisa O’Connor/AFP/Getty Images

Crews admits he made many mistakes with money throughout the years. However, he learned from them and is much wiser today. Here’s what he told Money:

I made every mistake you could make with money. Around 2001 or 2002, we got into this mortgage that jumped up after a year. The interest was crazy. We couldn’t afford it and ended up losing the house. In college, I got every credit card they would give out. I ran them all up and couldn’t pay any of them. I ended up having to take stuff back to the store. I was ashamed.

Crews focused on earning instead of saving money

Crews decided to put his effort into building multiple income streams. He knew that in order to quickly dig himself out of his financial hole, he would have to earn more income. “Instead of massively saving, I decided I was going to get massively busy. Instead of having one job, I would try to get three,” he told Money.

All his hard work paid off

Terry Crews attends the MTV EMAs 2018 at Bilbao Exhibition Centre on November 4, 2018 in Bilbao, Spain.
Terry Crews | Carlos Alvarez/Getty Images for MTV

The actor took several odd jobs, including movie-set security guard and movie extra. These jobs helped Crews network his way to big movie roles. He got his big break after rapper Ice Cube spotted him on the set of the movie Training Day. Crews told Complex his main goal was to be good at his job. It certainly paid off. Here’s what Crews told the publication about his lucky break in Hollywood:

I was location security, so I would do a bunch of different movies. It just so happened I was on [the set of the movie] Next Friday. Because I was the biggest guy, they assigned me right outside [Ice Cube’s] trailer. And I’m like, ‘Hey Mr. Cube,’ and he was like, ‘Yeah, what’s up.’ It was really dismissive, but I just took care of business. I really wanted to be a good security guard. I didn’t want to be like, ‘here’s my demo tape, I wanna be an actor.’ I wasn’t even into that at the time.

What was wild was that once I was an extra in Training Day, that’s when he was like, ‘hey that’s the dude that was out there doing security and the whole thing.’ And then I got my opportunity for Friday After Next. And it changed our lives forever.

A man of many talents

Terry Crews at Sunset Tower on February 20, 2018 in Los Angeles, California.
Terry Crews | | Rich Fury/Getty Images

Crews is in a better place financially, but he still has multiple jobs. He earns income through product endorsements, voiceover work, and television hosting. The actor even designs furniture. The Terry Crews Collection was released in 2017 at the International Contemporary Furniture Fair in New York, reports the Los Angeles Times. Crews is also an author. In 2014 he wrote a book titled Manhood: How to Be a Better Man—or Just Live with One.

Crews told Money he will never relax when it comes to earning a living. “I know a lot of actors who feel like, ‘I have my job, I feel at peace.’ But I would never feel like that. I said, ‘Let me try hosting, let me try reality TV.’  I was literally ready to do anything to make sure some money was coming in.”

Read more: Terry Crews Net Worth and How He Makes His Money

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