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Financial Struggle

All articles tagged with #financial struggle

entertainment1 year ago

"Giancarlo Esposito's Extreme Pre-'Breaking Bad' Financial Plan"

Before landing his iconic role as Gus Fring on "Breaking Bad," Giancarlo Esposito was so broke that he considered arranging his own murder for life insurance money to provide for his children. This desperate idea came to him in 2008, a year before his career took a turn with "Breaking Bad," leading to roles in "The Mandalorian" and "The Boys." Despite his financial struggles, Esposito ultimately found success and is now interested in playing Gus Fring in a prequel series about the character's backstory.

via NBC News|
#acting-career#breaking-bad#entertainment
entertainment1 year ago

"Sopranos' Drea de Matteo Pays Off Mortgage in Minutes with OnlyFans Cash"

Actress Drea de Matteo revealed that she avoided foreclosure on her home by turning to OnlyFans after her acting career stalled, generating enough income to save her house and start a streetwear brand. She attributed her financial struggles to losing acting work due to her stance against COVID vaccine mandates, which led to her agent dropping her. Despite facing criticism for joining OnlyFans, de Matteo emphasized the importance of prioritizing her family over public opinion.

via Variety|
#career-pivot#drea-de-matteo#entertainment
entertainment1 year ago

"Sopranos Actress Drea de Matteo's OnlyFans Success Saves Home from Foreclosure"

Actress Drea de Matteo, known for her role in The Sopranos, credits OnlyFans with saving her from financial ruin and preventing her home from foreclosure. After being unable to work due to COVID restrictions and vaccine mandates in Hollywood, she turned to the subscription-based platform and quickly made enough money to launch her own business. Despite facing criticism, she emphasizes the platform's role in supporting her family and caring for a parent with dementia, ultimately finding success and financial stability.

via Outkick|
#drea-de-matteo#entertainment#financial-struggle
entertainment1 year ago

"Drea De Matteo's Mortgage Paid Off in Minutes Thanks to OnlyFans"

Drea de Matteo credits joining OnlyFans for saving her family and home after facing financial struggles, with only ten dollars in her account and her house in foreclosure. She says the platform "saved us" and allowed her to pay off her mortgage in just five minutes. Despite initial reluctance, she now feels empowered by her experiences with OnlyFans and has used the money she's made to launch a streetwear brand.

via TooFab|
#drea-de-matteo#empowerment#entertainment
personal-finance2 years ago

Austin Man's Financial Nightmare: No Retirement Savings, Massive Debt, and Trapped in a Pyramid Scheme

A 52-year-old man from Austin, Texas, who once had a successful construction business generating $1.5 million in revenue, now finds himself with no retirement savings, $50K-$60K in bad debt, and seemingly stuck in a pyramid scheme. A series of unfortunate events, including the pandemic and the deaths of his wife and stepson, led to his financial downfall. Despite his current dire situation, there is still hope for him to salvage his retirement by cutting back on expenses, paying down debt, and focusing on productive construction-related businesses rather than pyramid schemes. This story serves as a reminder that it's never too late to fix a bad financial situation.

via Yahoo Finance|
#construction-business#debt#financial-struggle
family2 years ago

"Financial Struggles: Ex-Spouse's Party Lifestyle Drains Child Support Funds"

A woman seeks advice on how to handle her fiancé's ex who uses all the child support money to fund her party lifestyle, leaving the couple struggling financially. The woman wants to go back to court to change the custody order, but her fiancé is hesitant. She expresses her concerns about their future and the possibility of having a second child. The advice suggests having an open conversation with her fiancé, emphasizing the impact on their relationship and the need for a change. Another article discusses a woman's dilemma about her children wanting to live with their father in a vacation home instead of attending boarding school, and the advice suggests finding a compromise that allows quality time for both parents. Additionally, there are two other letters seeking advice on feeling neglected by a disabled mother and a couple disagreeing on whether to have biological children due to one partner's autism diagnosis.

via Slate|
#child-support#co-parenting#custody-battle
tragedy2 years ago

Tragic Discovery: Twin Toddlers Found Dead, Mother's Desperate Act Shocks Community

A Florida mother, identified as 31-year-old Catorreia Hutto, killed her 5-year-old twins, Ahmed and Ava Jackson, who suffered from a disability, before taking her own life by jumping off a bridge into Lake Jesup. The twins were found dead in their Sanford home during a well-being check. Authorities believe the family was struggling financially, and there were no obvious signs of trauma to the children. The incident highlights the devastating impact of mental health issues and the need for support in times of crisis.

via FOX 35 Orlando|
#financial-struggle#mental-health#murder-suicide
economy2 years ago

Rising Inflation Pushes Credit Card and Car Loan Defaults to 10-Year High

Credit card and car loan defaults in the US have reached a 10-year high as inflation squeezes families. Low- and middle-income earners are particularly affected by rising prices, despite efforts by the Federal Reserve to control inflation. Credit card delinquencies have reached 3.8% and car loan defaults have reached 3.6%, the highest in over a decade. With savings from government stimulus checks depleted, many borrowers are opening new lines of credit to pay off debts, even as interest rates hit a record 20.6%. The resumption of student loan payments and the approaching holiday season raise concerns about further debt accumulation.

via New York Post |
#car-loan-defaults#credit-card-defaults#economy
business2 years ago

The Impact of Inflation on Americans' Finances and Spending Habits

A new survey by the Federal Reserve shows that despite a strong job market and rising incomes, the rising cost of living due to inflation is taking a toll on American families. The share of U.S. adults who said they were doing “at least OK financially” fell sharply last year, with 35% of Americans saying they were worse off than a year earlier, the highest share in the nine years the question has been asked. The erosion in financial health was broad-based, cutting across racial and ethnic lines, educational categories, and income groups.

via The New York Times|
#business#federal-reserve#financial-struggle
economy2 years ago

US Consumer Debt Reaches Record High Amid Inflation and Rising Interest Rates.

Chronic inflation in the US is causing credit card debt to soar to a historic $1 trillion, according to LendingTree. The rise in credit card usage and debt is particularly concerning because interest rates are astronomically high right now, with the average credit card annual percentage rate hitting a new record of 20.33%. The burden of inflation is disproportionately borne by low-income Americans, whose already-stretched paychecks are heavily affected by price fluctuations. People are urged to knock down their credit card debt and other high-interest debt to protect themselves for the future.

via Fox Business|
#credit-card-debt#economy#financial-struggle
personal-finance2 years ago

Financial Struggles Plague Majority of Millennials

A new report by LendingClub found that 73% of millennials are living paycheck to paycheck, with many facing financial obstacles such as supporting both their aging parents and children. Meanwhile, 66% of Gen Zers are also living paycheck to paycheck, up from 58% a year ago, due to job loss and less earning potential. Experts recommend going back to a basic budget to avoid overspending and financial vulnerability. Overall, fewer Americans are living paycheck to paycheck, but some age groups are still struggling.

via CNBC|
#budgeting#financial-struggle#generation-z
business2 years ago

Tupperware's Possible Collapse Sends Shares Plummeting.

Tupperware, the US maker of food storage containers, has warned that it may not be able to continue as a going concern unless it can quickly raise new financing. The company has been struggling with declining sales and higher interest costs on its borrowings. Tupperware's shares plunged by nearly 50% after it said there was "substantial doubt" about its ability to continue. The firm has been attempting to reposition itself to a younger audience and has expanded its range into cooking products. It is now working with financial advisers to secure more money and investment.

via BBC|
#business#direct-sales#financial-struggle