Sunday, July 14, 2013

5 Celebrity Money Mistakes

There’s never a dull moment when you’re a celebrity. Headlines are quick to point out their imperfections, including some of their financial mishaps. Here’s a look at five famous financial faux pas and the lessons learned.

Excessive Spending

Sir Elton John sang the financial blues in 2002 while filing for bankruptcy. With debt once soaring to the tune of $2 million per month, he has admittedly battled with “excessive” spending, including blowing an obsessive $400,000 a month on flower arrangements. This proves it doesn’t matter how much money you make, it’s how you manage it that counts.

5 Signs You May Be Broke in 10 Years

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