Celebrity Homes – Engagements That Should Not Be Emulated

The entertainment industry influences many opinions and beliefs of average individuals because of what they see in television shows and movies today. People get too attached to the extent that even the lives behind the spotlight of these famous personalities are followed by viewers. Although there are lots of ideas and morals that can be acquired from them, there are also fallacies that people should be aware of especially about the assets of many celebrities.

The lessons and advices that they share can be unrealistic for most masses. There are many misconceptions that people tend to follow because celebrities do or say them. Advices about celebrity homes are of the most common stimulating topics.

Here are the usual engagements on celebrity homes that we should not emulate. Spending too much. One of the Real Housewives of New Jersey casts has faced bankruptcy sometime in 2009. The celebrity was known to be one of the top luxury spenders in the business. Overspending was suspected by the auction listing to have caused the bankruptcy. It seems that this habit is not only true for celebrities but for many families too.

The consequence is they end up paying for increasing debts. In the long run, even paying for monthly mortgages becomes a struggle. The moral here is to spend on things that are necessary. Weigh the consequences of having the luxuries that can satisfy your cravings and the necessities that can provide the sustenance of your daily existence. Would you be willing to sacrifice your own shelter? Relying on the bank. Thinking that the bank will grant a loan modification or short sale for them, many real estate owners intentionally stop paying their mortgages. This strategy works for some banks but not for all. The truth is, delaying your monthly dues would only cause your payment to be even more difficult to handle in the succeeding months.

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