The “Do You Know the Way to San Jose” singer Dionne Warwick filed for bankruptcy in New Jersey claiming she only had $25k in assets … but owes more than $10.2 million in taxes and fees to the IRS and the State of CA. Warwick’s rep, Kevin Sasaki, says Dionne’s financial disaster was caused by “negligent and gross financial mismanagement” in the late 1980s through mid-1990s.
Apparently her monthly net income is over 20K a month right now. Yes as in the present time but she spends more than that. I have nothing to say here. And I just don’t feel the least bit bad when this happens to people.
If you can’t manage your own money then you really deserve to get taken advantage of. I mean come on man. When you’re making millions, not pennies here, millions, just PUT IT IN A BANK. Seriously man. Don’t get greedy. Don’t even invest. Just hold onto the money. You have millions. I don’t get it. Seriously. It’s dudes like me that need to invest. If I were in the millions I’d just be saving it, period.