Mean Betty on Bankrupt Toni Braxton

Toni Braxton, how does someone spend that much money?

Mean Betty on Bankrupt Toni Braxton

How does someone spend that much money?

-Mean Betty

Toni Braxton

Darlings, the Web is abuzz with the news that crooner Toni Braxton is filing for bankruptcy … again. To this, Mean Betty says (and pardon Mean Betty’s French in advance, kittens): ARE YOU F-ING KIDDING ME?

The woman (who, by the way, already filed for bankruptcy back in 1998) has sold over 40 million albums in her career. What on earth has she been doing with all that money?! TMZ reports that in the bankruptcy documents she just filed in California, “the singer claims she’s only worth somewhere between $1 mil and $10 mil … but she could have up to $50 mil in debts.”

Just how does someone overspend by 40 – 49 million dollars?

A partial list of creditors Toni “thinks” she “may” owe money to:

– AT&T (Mean Betty’s iPhone bill is about $150 a month. So does Toni have, like, 10,000 iPhones? Or what?)
– The Four Seasons Hotels (Guess Toni never heard of Best Western.)
– DirecTV (Can’t miss our shows, now can we, Toni?!)
– Neiman Marcus (NO COMMENT)
– Tiffany & Co. (NO COMMENT because Mean Betty is starting to feel nauseated.)
– Orkin Pest Control (Even the rich get bedbugs?)
– The Internal Revenue Service (“Oopsie! You mean moi has to pay taxes, too?”)
– BMW Financial Services (Well honey we don’t expect you to drive a Honda!)
– American Express (The funny thing about credit cards … you have to pay the money back!)
– Flamingo Las Vegas (“Thanks for the memories! The check’s in the mail!”)

The list goes on (and on), but Mean Betty will spare you the details. If you’re anything like Mean Betty, the thought of all that spend-spend-spending makes you want to be scream-scream-screaming.

So what’s the lesson here, pets? Make a whole bunch of money, then spend fifty times that much, and then file for bankruptcy! Voila! It’s the Teresa Giudice school of financial management.

Poor, poor Toni Braxton. Don’t you just feel so bad for her?

xo,

Mean Betty


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0 thoughts on “Mean Betty on Bankrupt Toni Braxton

  1. kitty says:

    I have NO sympathy for these idiots who squander their money like that. Give it all away to charity if you can’t manage your riches!!

  2. CityLady212 says:

    $50 million seems astronomical.

  3. FBNYC says:

    Wow, I can’t imagine being that deep in debt!

  4. mothermeryl says:

    She and Teresa Giudice should start a reality show! Although Teresa’s debt looks pretty small compared with this…

  5. suezh says:

    Makes me sick.

  6. nycsinglelady says:

    I just don’t get it. You’d think she’d learn from the last time she filed bankruptcy. Brit Brit’s dad needs to take over her finances!

  7. akiss50 says:

    I am not sorry for people who have huge sums of money coming in regularly and spend like there is no tomorrow. I am just a regular person looking for a real paying job. Just so, I can pay my daily living expenses. She has talent and connections as well as endorsements. I on the other hand don’t have jack sh**. So, I need to have some good blessings on finding a job to pay my bills. I am a responsible person and want to be able to pay my bills. I don’t have outstanding Tiffany, American Express, Neiman Marcus, Direct TV bills. But, I have electric, water, taxes, insurance and mortgage bills. I am determined to pay these and not default because it is my duty as an American citizen to be productive and honest. I believe financial responsibility is important.

  8. twayned says:

    I would like to have the chance to have millions of my own money to manage. Most of us will never have the chance ,or lucky enough to be as gifted with a money voice .I belive if I had my hands on such I could manage it !!!!

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