In a recent broadcast of SBS Power FM’s Kim Young Chul’s Power FM, actor Jo Byung Gyu made the shocking confession that he gives all of his earnings to his parents.

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“Kim Young Chul’s Power FM” | SBS

The reason he does that is that he’s not confident in managing his own money.

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So he receives a weekly allowance from them in return.

I don’t know how to manage my money, so my parents do it for me. I get an allowance from my parents every Tuesday. So by the time Friday or Saturday rolls around, there are times when my bank account balance hits almost zero.

— Jo Byung Gyu

This was after the revelation that Jo Byung Gyu once had ₩6,450 KRW (about $5.79 USD) left in his bank account.

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According to Jo Byung Gyu, he began giving his earnings to his parents and receiving weekly allowance ever since he debuted.

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But on the bright side, the amount of allowance has been going up every time he succeeded with a project.

I’m getting more allowance now than before. After ‘Hot Stove League’, my allowance went up to ₩200,000 KRW (about $180 USD), and after ‘The Uncanny Counter’, it went up again to ₩250,000 KRW (about $224 USD).

— Jo Byung Gyu

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Jo Byung Gyu explained that although he has no choice but to be frugal with his spending, it’s actually all his own money.

If I want more money, I need my parents’ permission. They give it to me if the reason is reasonable.

— Jo Byung Gyu

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“The Uncanny Counter” | Netflix

 

Luckily, Jo Byung Gyu expressed that he doesn’t actually need a lot of money for this daily life.

I don’t really buy clothes and stuff like that, so I don’t have many reasons to spend money.

— Jo Byung Gyu

Talk about minimal!

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“The Uncanny Counter” | Netflix

And modest, too!