Looks like we have all underestimated Mama June. She has chosen to have the income from the show to be automaticaly deposited into trust accounts for her daughters Alana “Honey Boo Boo” Thompson, 7; Lauryn, 12; Jessica, 15; Anna, 18, and baby Kaitlyn. The tv series brings in $15,000 to $20,000 per episode and that is equally divided into their accounts. The trust is set up so the girls will have to wait until the age of 21 to use it except for medical emergencies or for their college education.
I am sure you had a few laughs at the financial prediciment that some reality tv stars get themselves into. It has happenend to so many of them on their way to stardom. They end up blowing it all and have no money put away for the future after all the shopping sprees.
Mama June says that Sugar Bear (Honey Boo Boo's daddy)supports the family on his contractors income. She says that no matter how much money thay make they will not spend it on material things. Hopefuuly things will stay this way and we won't find them with financial issues in the future. There’s one modern pop culture wonder you may not see broke and broken in a couple of years.
Honey Boo Boo and her siblings, too.
The biggest expenditure so far has been for a 2005 Ford Expedition. Which seems appropriate for the family.
"You’re never gonna see me drive a Range Rover or a Mercedes," she said. "I’ll drive one if someone else pays for it. Never gonna live above my means" reported People Magazine.
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