Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Entertainers and Their Money

Bloomberg.com interviewed eleven people in the entertainment industry, asking them about their money and what they’ve learned about money over the years. Some of the comments are merely interesting, while others can be used by regular people. Some of the lessons learned are worth passing on to younger generations.

What do you wish you’d known about money before getting into showbiz?
That half of it goes directly to the government. And another 20 percent goes to your representatives, so that’s 70 percent of your income right there. You’d better make some money, honey! You’ve got to put $15 of that $30 away for your retirement.

 

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