Music News

Most people don't know how shrewd a musician has to be to actually succeed financially in this industry. I mean really succeed. The biz has always been run by "criminals" and that is not a euphemism.  Since most of the talent comes from a pool of poor or middle class artists they have to depend on record labels to "advance" large sums of money for anything from recording studio time to airline tickets plus everything in between. Advance means you have to pay it back. Then reading the complicated contracts is a herculean task wrought with tricky fine print. So don't come down too hard on Toni! That being said the key word in all of this is "business" and if you don't understand the business you should learn every aspect of it(the good the bad and the ugly) before you sign documents that could affect the money in your future finances...that's if your lack of knowledge even allows you to make any real money. Who knows what the real story even is!

Yeah, right. Come on, people!

 

Most of us in this country are struggling to find change in the couch cushions just to pay rent. ..

 

There is no excuse for someone who makes the kind of money she does to be losing two homes when a majority of Americans will never be able to afford their first home.

 

She is working, people. She is being paid. What is she doing with her money? She has obligations and responsibilities to those she owes money to, just like you and I do. Does she think that because she's a celebrity she has the right to walk away from it? You and I would be ruined for the rest of our lives were we to default on our mortgages. And rather than 'oh pity me' articles in entertainment sections, we'd be seeing our name in the public notices section of our local

 

Her failure to take resonsibility for her own finances is arrogant, and not deserving of any sympathy. I don't care how much she makes. She should have been smarter. She owed it to herself to BE smarter. 

       This kind of behavior shows a total lack of respect for those who struggle day to day to meet bills, to put food on the table (look at what the Braxtons eat on their damn reality show) and clothes on our childrens' backs (have you seen what the Braxtons wear on their reality show?)

WAIT. This isn't a "reality" show because in no way does it reflect the reality faced by those who can't find work AND THEN lose their homes, who go bankrupt trying to pay medical bills (you think the Braxtons have to sit in a clinic for hours?)....and the infighting on the show between themselves? That's the "family" image they want to project? I'd like to believe that if I were in trouble, my family would rally around me with support, not push me out with insults and stupid banter.

 

Something my  mom always said applies perfectly here, with regards to the TWO foreclosures (how many of us can even afford one home?) IF you feel the need to blame someone else for your own preventable problems, remember "first time it's their fault, second time it's yours" ...

 

 

Maybe she's getting bad financial advice.  Of course, moving from a high-to-lower standard of living is harder than it sounds, but it can be done.  Time to bite the bullet Ms. Braxton.  Owning several homes is not an option when only one is necessary.  Buy more homes after your financial situation improves.  Sue the heck out of anyone who either directly or indirectly caused this mess.  Financial Advisers, Lawyers, Banks ~ excuse no one.