Alana “Honey Boo Boo” Thompson is going to be just fine when she gets older, financially that is. Due in part to her couponing mom, June, and her wise financial planning, according to Jan. 6 TMZ. Alana will be able to cash in her trust fund money when she reaches 21. There are only two exceptions to the cashing out rule; school or medical emergencies.
The Honey Boo Boo family receives between $15,000 - $20,000 per episode from TLC. June then divides it between Alana “Honey Boo Boo” Thompson and her sisters Lauryn, Jessica, Anna, and June’s granddaughter, baby Kaitlyn. The news according to TMZ is that Honey Boo Boo is the “first redneck trust fund baby.”
June told TMZ, “I want my kids to look back and say ‘Mama played it smart. Not like those other reality people.’” June doesn’t even have to go to the bank, TLC takes care of it all for her and she gets an email with deposit updates. Mama June says the Honey Boo Boo family will never live above their means. Since the show started they have only made one major purchase, a used 2005 For Expedition.
Sounds like Mama June is one smart lady. What do you think? Sound off in the comments below.
More articles by Chrystal Mahan.