Keke Palmer Filed for Bankruptcy at Age 18: ‘What Went Wrong?’ [Video]

Keke Palmer is recalling a time of real financial stress. 

During an appearance at the Building Wealth Today for Tomorrow financial literacy event in Chicago on Oct. 12, Palmer, 31, revealed that she declared bankruptcy at 18, per Afrotech.

“I was so spooked,” she said. “I was like, ‘What went wrong?’ ”

Palmer, who began her Hollywood career at age 9, said she and her parents hired a business manager in her teenage years. Although “that has helped me immensely,” she said, filing for bankruptcy later became essential.

Now, the Nope star invests and spends “way under” what she can afford. “I wanna invest in my business. So if I wanna invest in my business, then the material things that I’m having currently might have to take a short [break]. Instead of wearing Gucci, I’m wearing Zara. I live in a good place. I drive a cool car ’cause my money is going elsewhere.”

Palmer went …