Why Not To Have A $325,000 Dog House

The Upfront Magazine article "What You Can Learn From Celeb Money Meltdowns" by Cheryl Lock and Rachel Morris, explains how even though they are being payed millions of dollars a year, many celebrities are not saving any of their money for their or their children's future but instead they are spending it right away on things that are unimaginable for any human to ever need. An example of this idiotic spending is that Paris Hilton purchased a $325,000 dog house that is an exact replica of her own (probably very overpriced) mansion. The authors also give us an example of pure stupidity, that Britney Spears makes $737,000 a month, and saves absolutely none of it. Another case of pure stupidity: Lindsay Lohan found herself drowning in half a million dollars of debt in 2010 and asking her own friends for some financial help.

The authors want the reader to know how not to make these financial mistakes that so many celebrities make. They want the reader to know that if you have money to save, save it. And that a doghouse that's over $300,000 is not worth it. Nor is buying a house with a home theater, bowling alley, barber shop, and six car garage like LeBron James did. They want the readers to see the backfire of buying anything that crosses your mind even if you have enough money to buy it, and to not make this mistake.

In this article the authors really want the reader to think about how stupid the celebrities that many of us look up to are when it comes to money. The authors try to get you to think this by saying in bold, facts and statistics about how much money each celebrity spent and on what. They also give specific examples about how each of five celebrities wasted money. Before the section of the article about how you don't make the same mistakes as the celebrities, the authors stated largely in bold "Be smarter than the stars:"

I found the information in this article both very amusing and interesting. Amusing because just reading some of the things that celebrities buy is so stupid it's funny. Interesting because of how the author tries very hard to get the reader not to spend money on dumb things. I mostly agree with the authors, that if you have money you should save it for the future and save it for important and practical things that you mostly need, not a dog mansion. But I know that if I was raking in as much money as LeBron James, I would first save a bunch of it of course, then go right ahead and buy myself the house with the movie theater and bowling alley, why not? If you have enough money that you can save enough and then afford something not very practical but AWESOME, than why would you not buy that? But that' just my opinion.

What's yours? {comment}