IE 11 is not supported. For an optimal experience visit our site on another browser.

Ben Affleck and Matt Damon reveal they shared a bank account as teens

“As long as one of us had money we knew the power wasn’t going to get shut off,” Damon said.
Ben Affleck (left) and Matt Damon stand in front of a cheering crowd with "Air" posters. Affleck is in a suit and collared shirt, Damon is in a black long sleeved crew neck sweater.
Ben Affleck (left) and Matt Damon at the world premiere of "Air" at the 2023 SXSW Conference and Festival on March 18, 2023 in Austin, Texas.Gary Miller / WireImage
/ Source: CNBC

Before they shared movie screens together, Ben Affleck and Matt Damon shared a bank account.

The Oscar-winning duo have been friends since high school, where they both aspired to make it in Hollywood. On Wednesday’s episode of “The Bill Simmons Podcast” the pair explained that opening a checking account together as teenagers in the late 1980s was a way to help them chase their goals.

“It was unusual, but we needed the money for auditions,” Damon said, calling it “a weird thing in retrospect.”

Affleck said that because they were best friends trying to make it as actors, they were rooting for each other’s success and felt comfortable sharing their money.

“We were going to help each other and be there for each other,” Affleck said. “It was like, ‘You’re not going to be alone. I’m not going to be alone. Let’s go out there and do this together.’”

"Good Will Hunting" New York City Premiere
Ben Affleck and Matt Damon at the 1997 premiere of "Good Will Hunting" in New York City.Ron Galella, Ltd. / Ron Galella Collection via Getty

Over the years the account would be funded whenever Damon or Affleck, who were also roommates, booked a role — with some being bigger than others.

“As long as one of us had money we knew the power wasn’t going to get shut off,” Damon said. “After doing (1992′s) ‘Geronimo’ I probably had 35 grand in the bank. I was like ‘we’re good for a year.’”

But the actors didn’t allow themselves to dip into the checking account for whatever they wanted. Instead, there were rules about how the young actors were allowed to use the funds.

“You were allowed to go to (auditions in) New York with the money. You were allowed to take out $10 and get quarters and go to (the arcade) and play video games,” Damon said. “Eventually we were allowed to try to buy beer, which never f---ing worked.”

Thirty years later, the bank where they had their account has since shuttered, but Damon and Affleck are still working together, most recently on the Affleck-directed film “Air.”

“I love working with this guy. I love hanging out with him,” Affleck said. “If you can work with great people, who are good people too, it’s so much more rewarding personally and professionally.”

This story first appeared on CNBC Make It.