Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 1 month agoHow come most celebs/influencers go broke with in a short amount of time earning a couple million? Why not invest in local stores or offer money for a percentage of said store why not perpetualy moneymessage-squaremessage-square11linkfedilinkarrow-up114
arrow-up114message-squareHow come most celebs/influencers go broke with in a short amount of time earning a couple million? Why not invest in local stores or offer money for a percentage of said store why not perpetualy moneyDon_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 1 month agomessage-square11linkfedilink
minus-squareAbouBenAdhem@lemmy.worldlinkfedilinkEnglisharrow-up3·1 month agoCelebrities tend to have very unpredictable cash flows, but most things the wealthy spend money on (including local investments, etc.) come with loans that need to be paid regularly.
Celebrities tend to have very unpredictable cash flows, but most things the wealthy spend money on (including local investments, etc.) come with loans that need to be paid regularly.