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Reply to "Are most celebrities (particularly actors) good with their finances?"
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[quote=Anonymous][quote=Anonymous]Some are bad with money. But generally, I think it’s just hard because you have to employ all these people (manager, agent, so much beauty prep) and initially may not be making that much. And the more famous you get the more free stuff you get. There’s probably some pressure to spend if you are out with people, like cover dinner with friends. And it’s not a stable job, so you have to be much more responsible than the average 25 year old even if you start with more to spend. Many 25 aren’t saving at all, but they may have a reasonable expectation to work for the next 40 years and they will probably make more in their 40s and it will work out ok for them. If you aren’t an actress/actor in demand for decades, it’s hard to plan for. [/quote] That's the thing to understand is that these big name celebrities are akin to being a business financially. They basically have to support a staff of security, assistants, publicists, makeup and style people. So the ones who blow the money really end up.in trouble because they can't afford the staff to keep the whole machine going.[/quote]
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