Saturday, 29 August 2009

Kerry, Callie, Morrissey, and responsibility

Our finances and how we handle them are always down to our own doing. We must individually take charge of our wealth. A look at a few celebrities and their wealth highlights this.


Kerry Katona:

The media celebrity Kerry Katona has been pictured in the papers over the years squandering her multi-million pound fortune. She has been declared bankupt and is losing the big money deals that sustained her wealth. This week, she allegedly assaulted her accountant due to her financial woes, and supposedly screamed at him "Its all your fault". If true, this displays a shocking lack of personal responsibility, and shows that 100% responsibility must be taken for our finances.

Callie Rogers:
Callie Rogers the young lottery winner is allegedly broke. By my estimation she should still have a few hundred grand left, however its heartbreaking to see her losing much of her 1.9 million pound lottery winnings. There is a lot of good advice out there on how to invest a big lottery win.

I won the lottery last Saturday. I spent £5 on tickets, and one of my entries won £10. It's good to win money, but it's far more reliable to create it via work and industry.

Neil Morrissey:
The actor Neil Morrissey almost became bankrupt after a failed business deal, but accepted an IVA instead. He lost 2.5million, his entire fortune. He said "Bankruptcy's the easy way out, I decided no, I'd step up to the plate, try to do the right thing and get everyone their money back." He has pledged to put a large portion of his future earnings into paying off his debts. What an honorable man.

Responsibility:
We are all responsible for our finances, whether we win it like Callie, squander it like Kerry, or lose it like Morrissey, what happens next is up to us.

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Straight from the horses mouth