Tyrese is dipping DEEP into his piggy bank, so deep there’s nary a cent left to cover his estranged wife’s attorney fees … according to his financial records. Tyrese just filed docs responding to Norma Gibson’s request for him to pay for her…
Showing posts with label Afford. Show all posts
Showing posts with label Afford. Show all posts
Monday, August 13, 2018
Tyrese Says He"s Spending Way More Than He Makes, Can"t Afford Ex"s Attorney
Tyrese is dipping DEEP into his piggy bank, so deep there’s nary a cent left to cover his estranged wife’s attorney fees … according to his financial records. Tyrese just filed docs responding to Norma Gibson’s request for him to pay for her…
Thursday, August 9, 2018
Bethenny Frankel: My Co-Stars Can"t Afford Their Lavish Lifestyles!
There’s more to Bethenny Frankel than a reality star who knows how to show off her melons while shading her frenemies.
She is also a businesswoman.
But in a new interview, Bethenny is saying that many of her co-stars don’t have an ounce of her business sense — and cannot afford their lifestyles.
If you watch The Real Housewives of New York City online or even just follow the ladies on social media, you know the kind of opulent lifestyles that many of them lead.
But in a recent interview with Money, Bethenny says that her co-stars are spending recklessly and could end up poor if something goes wrong.
“They can’t afford the lives they’re living,” Bethenny announces in reference to her fellow Real Housewives.
Bethenny goes on to declare: “and if the music stops, they’re going to get in some trouble.”
In explanation, Bethenny says: “You can’t put yourself in a position where, if the shit hit the fan, you couldn’t pay all of your bills at one time.”
Bethenny says that, unlike some of her short-sighted co-stars, she is prepared for a worst-case scenario.
“If the world came to an end,” Bethenny says, referring to an economic crisis. “I would be able to pay for everything.”
“I might not be left with much,” she admits.
“But,” Bethenny says. “I can afford what I have.”
Good for her!
This doesn’t come from nowhere.
Bethenny was only paid $ 7,250 for the first season of The Real Housewives of New York City, but she made sure that her contract did not require her to give Bravo a share of her profits from her business.
As a result, the Skinnygirl mogul raked in millions that Bravo could not touch.
This stipulation became known as the “Bethenny clause.”
“Everybody else just had to try to play catch-up,” Bethenny says. “After they saw what I did.”
What Bethenny is talking about when she discusses the finances of her co-stars is sustainable spending and keeping a reserve of liquid assets.
For simplicity’s sake, if your paycheck is a million dollars a year and you spend a million dollars a year, that means that if you suddenly lose that job, you have nothing but the property that you own.
It’s good to have cash on hand in case something goes wrong.
We say cash because, as Bethenny suggests, sometimes “the music stops” — meaning an economic downturn.
Bethenny is saying that, if RHONY ended and all of her investments and businesses went to hell, she’d still be able to cover her current bills and continue living.
But she is suggesting that some of her co-stars would s–t out of luck.
Now, a very fair objection is that not everyone is worth millions and, therefore, not everyone is able to set aside a rainy day fund as Bethenny has.
But please notice that she is not suggesting that a minimum wage worker who takes home $ 250 a week is somehow inadequate for not having savings.
Bethenny is talking about other wealthy socialites and reality stars — women with real financial options.
Of course, what they do with their money is their business, but if Bethenny’s assessment is accurate, they may want to curtail their lavish spending.
Bethenny knows what she’s talking about.
Wednesday, February 21, 2018
Aldon Smith: I Can"t Afford Child Support Payments Without NFL Job
NFL superstar Aldon Smith is begging a judge to drastically reduce his child support obligations immediately … claiming he can’t keep up the high payments while suspended by the league. 28-year-old Smith hasn’t played a snap in the NFL since…
Friday, March 31, 2017
TMZ Live: 50 Cent: Chris Brown Can"t Afford Me!
ON TODAY’S SHOW J Lo & A-Rod: It’s Official Justin Bieber’s New Girl? Halle Berry Goes Topless Kim Kardashian’s Superpower!
TMZ Live: 50 Cent: Chris Brown Can"t Afford Me!
ON TODAY’S SHOW J Lo & A-Rod: It’s Official Justin Bieber’s New Girl? Halle Berry Goes Topless Kim Kardashian’s Superpower!
Sunday, October 30, 2016
Gilbert Arenas -- Unloads Calabasas Mansion ... Guess Who Can Afford Private School?!
The money Gods have answered Gilbert Arenas’ prayers — because just days after he claimed he couldn’t afford private school for his kids … the ex-NBA star made a cool $ 600k in a real estate deal.
Monday, October 24, 2016
Gilbert Arenas -- My $111 Mil NBA Contract Is Up ... I Can"t Afford Private School
Gilbert Arenas’ infamous $ 111 MILLION contract with the Washington Wizards is finally about to expire … and Gilbert says he will be so poor, he won’t be able to afford private school for his kids. Gilbert signed the 6-year guaranteed…
Thursday, March 3, 2016
Kourtney Kardashian: Here"s 87 Things in My House You"ll Never Afford!
Kourtney Kardashian has opened up her Calabasas mansion to Architectural Digest to share 87 of her favorite decor items.
We"ll just give you a spoiler alert now: none of them came from IKEA.
Kourtney and her interior designer, Martyn Lawrence Bullard (who naturally has a British accent and spells his name with a "y") go room by room to show off all the overpriced things.
She starts in the entryway, moves on to the kitchen, then finishes the tour in the living room.
Among the tidbits you"ll likely have to auction off your firstborn child in order to afford are:
- Vintage Belgian mirrors
- Custom made entryway table by an artist in Venice, Calif.
- Stainless steel kitchen sink with an Inox single level mixer with pullout spray
- Heritage Number 14 kettle
- Kelly Wearstler bowl, gifted to her by sis Khloe
- Museum-quality Oscar Niemeyer chair designed in 1971
- Damien Hirst diamond dust skull, a Christmas gift from Scott Disick
- Books! Lots of books! (For display only, we"re fairly certain.)
I don"t know about you, but I don"t even know what some of those words mean.
"I love having my kids" toys everywhere," Kourtney reads from a script.
However, we detect only one "toy," which carefully rolls into frame on the limestone floor: a mini Rolls Royce.
"My kids amazing art is always on display," she tells the camera, and we do see drawings pinned to the Sub-Zero fridge, most likely created with heirloom crayons made with organic paraffin.
"It"s very chic but practical," concludes the reality star, which leads me to believe she and I have very different definitions of the word "practical."
Looks like Kourtney"s hot bod isn"t the only think her ex Scott Disick"s been missing.
After seeing the riches involved, we"re certain Kourt keeps her fortress locked away from her thief mother Kris Jenner, who was accused of stealing marble from Kim Kardashian"s home.
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