“Money didn’t have a purpose for me; I didn’t really know what it was.
I just knew that I had it and didn’t care about it.”
1.Years ago,Nicolas Cagewas one of the highest-paid actors in Hollywood.
At one point, he owned 15 homes around the world, including two European castles.
Eventually, he owed the IRS $6.3 million and faced foreclosures on multiple properties.
“I had to borrow money to get my kids Burger King,” he said.
Then her career suffered as she dealt with years of legal trouble and personal issues.
Apparently, she only received a $1,972 royalty check from her first recording contract.
She said she lost touch with reality while indulging in the “girly things.”
5.Heidi Montag and Spencer Pratt shot to stardom on MTV’sThe Hills.
At the height of their fame, they brought in $2 million per year, according toPeoplemagazine.
“We should have stayed in our reality TV lane.”
6.In 2009, Stephen Baldwin Hailey Bieber’s father filed for bankruptcy.
He filed forbankruptcyin 1996 with debts totaling at least $10 million.
In 1990, his property including a golf course and recording studio wasseizedacross six states.
Last year, he reached a settlement deal and agreed to pay $3.6 million.
She reportedly planned to revitalize the town and build a movie studio there.
11.Without a doubt, 50 Cent was one of the biggest rappers of the 2000s.
Because it means they have the ability to be secure and invest again."
This led to deep financial trouble over the next decade, and hefiledfor bankruptcy three times.
13.And finally, Christy Carlson Romano was a Disney Channel star best known forEven Stevens.
However, two years ago she posted a candidYouTube videoabout her financial journey.
She continued, “I had this money at my disposal.
I was never told how much money I was making.
Money didn’t have a purpose for me; I didn’t really know what it was.
I just knew that I had it and didn’t care about it.
That’s a problem.”
