It is amazing how many celebrities, professional athletes and entertainers who generate multi-million dollars of revenue, some even in the billions, can attract some of the most brilliant people in the world yet still miss the mark on handling their personal finances. Some examples lately are the likes of Donald Trump, Kevin Bacon, Brittney Spears, Lindsay Lohan, Whitney Houston and MC Hammer.
Not only where the deaths of iconic celebrities shocking enough, but the way they handled their finances may baffle some even more. It is easy to presume that once you hear news of them signing multi-million dollar contracts, endorsements and sponsorship, that they are set for life. You watch them share their “bling-bling” lifestyle on Cribs, pimpin’ designer fashion, gracing the covers of major magazines, leanin’ back in their Cadillac Escalade while rollin’ on 24″ Dubs, partying like the Rockstars they are.
Everything should be in order, right? For most, far from it…so what can you learn?
Matthew Sapaula also reviews the estate of Michael Jackson and how he handled the cash from a lifetime of stardom. Where there gaps and holes even in his bank account? Even with a team of top managers, advisors and counselors that money can buy, the answer may surprise you.
With our country being affected by so many factors, how do we keep the integrity of our financial home intact? It seems as if the financial system on which we have been led to believe has buckled and crumbled beneath us. All the traditional forms of savings and earning a living have shown their weakness. Can you still do something about it? Absolutely.
How do you help your child through college during this recession? As if our savings and home equity was hard enough to build, it is all but gone today. If so, how else can you help you children find money for college? Apply for financial aid? Where are you in your college planning? Is it possible to still get money for college?
2009 Small Business Expo – Friday, July 17th!
The 2009 Chicago City Treasurer’s FREE Small Business Expo will be held at the UIC Forum at Halsted and Roosevelt.
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Don’t let the economy slow you down, in FACT, more people need you more than ever!
My father always told me that NO ONE, can ever take away your education, your intelligence, your integrity or your experiences. In fact, it is the lessons we learn in life that become invaluable to others. Even King Solomon states in Ecclesiastes that “The words of the wise are like cattle prods-painful but helpful. Their collected sayings are like a nail-studded stick with which a shepherd drives the sheep.” I know sometimes we are stubborn but I hope we have all begun to see the upside to our downside, to the see the opportunities within our problems
