Stephen Baldwin, star of I’m a Celebrity, Get Me Out of Here and Celebrity Apprentice and many hit movies including ‘The Flintstones in Viva Rock Vegas’ and more to come is the latest celebrity in the debt casualty list. He has filed for bankruptcy earlier this week and his debt is said to be over $2 million.

So, what is it that these celebrities, inspite of earning a huge paycheck lands up in debt. Well the answer is in the question itself. When they earn huge they spend huge too. They never have a tendency to save for future and spend like mad when the everything is going good for them.

Since these big stars tend to make a lot of money one year and then less the next, it can be harder for them to create a slow-and-steady spending plan.

Seems, those are hardly legitimate excuses. Celebrities are not any gods they are just like the rest of us and they should make it a practice live within their means, and need to avoid debts.

What more we can say, better luck and I’m a Celebrity, Get Me Out of Debt.

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