She’s bankrupt, but she has $20,000 in monthly expenses. Uh...Ms. Warwick, maybe it would help if you gave up some of those expenditures..like housekeeping?
Bad financial advice? Sounds more like a matter of spending more than she has.
I’ve never personally gotten the concept of owning bigger houses than you can reasonably clean yourself.
“The monthly outgoings include $5,000 in rent, $5,000 for “housekeeping/sitting”, $4,000 for a personal assistant, $1,000 for electricity, $500 for the telephone, $500 for food and $750 for laundry and dry cleaning.”
OK, $5,000 rent in South Orange, NJ. Why does she need to live in such an expensive place. Does she have a reason to live in South Orange? Family, boyfriend? There are tons of nice places where you can live for less than $5,000 a month.
$5,000 for housekeeping/sitting? She’s paying $150 a day to cleaners and people to sit and watch TV? Sounds as if her house is too big and she is away from it too often. Where is she going? Article below mentions living in Brazil part of the year.
$4,000 for a personal assistant. I’ve got a complicated life, but I don’t have a damn personal assistant to pay $135 every day of the year. Maybe she should do some things for herself.
$1,000 for electricity! WTF? What does she use all of that for? That’s a lot of juice for an old woman. I would love to see what she has plugged in.
$500 for the phone? Who is she calling all the time and why does it cost so much? She can get a decent cell phone account for 1/10 of that. She could even get one for her personal assistant (whose ass she should fire).
$500 for food? Maybe, if she entertains a couple times a month. But I imagine she gets a LOT of free meals from various admirers. Strangers would probably LOVE to buy here dinners. People like to give things to famous people. I’ve never understood it. Even stupid Bieber can walk into any restaurant in the country and they’ll buy him a free meal.
$750 for laundry and dry cleaning. Laundry costs Mrs. RWA and me about $15 a month for soap and water. We don’t do dry cleaning very often. Why does she need so much dry cleaning? Does she go out a lot where she dresses up? Alone or with boyfriends?
The woman seriously needs to come down to the level of the average person and stop living like a queen.
And I really can’t believe she never set up some kind of retirement account.
A lot of details here: