twitter facebook stumble upon rss

'Real Housewife of NJ' Blows $60K After Declaring Bankruptcy!

sign up for the momlogic newsletter Tweet This

momlogic's Vivian: You just can't keep a good shopaholic down!

Teresa Guidice

According to the New York Daily News, "Real Housewives of New Jersey" star Teresa Giudice blew through more than $60K on luxuries last fall -- "just days" after declaring bankruptcy for owing creditors something to the tune of $10 million bucks! 

Her lawyer, Jim Kriedel, told People that the cash was book-advance money and Giudice was fully entitled to do what she wanted with it. "Since she earned it after the filing, she was absolutely free to spend it," he said. He went on to say that she needed furniture "consistent with her style on the show" -- which we all know was CRAZY opulent.

Giudice and her hubs are due to auction off a bunch of their stuff -- including a suit of armor (?!) and their wedding rings (?!?) -- but that's expected to only bring in a little over $50K.

What would compel a woman in so much debt to spend so much the minute she got her hands on some cash?

Our expert, clinical psychologist Dr. Michelle Golland, says it seems like Giudice is deep in the throes of some extreme addiction issues.

"Spending money is a high," says Dr. Golland. "We feel that if we have these objects, then we are full and complete. It's a battle between the internal and the external, and believing that the external things make us feel better. There's this constant building up of the external, but as you do that, the internal is shrinking because you are so unaware. You might be anxious or depressed. With anxiety, it's a vicious cycle because you shop, you feel better, then you worry about what you spent. With depression, you might be unhappy with yourself, your role or your life, and you want to avoid those feelings."

Yeah, but isn't $60K some serious avoidance?

"People's shopping addictions are relevant to their lifestyle," says Dr. Golland. "Someone like her, who is dealing with all these money issues, will aspire to what's just out of reach. They want to be able to keep their status going. Out of all the 'Housewives' on that show -- on camera, at least -- she spends the most. You can see it: She and her husband fought a lot over money. You see that it's this compulsive perfectionism. She's trying to retain something to feel good, to feel of value. It's so out of control."

Word up! Especially since a lot of folks these days would be more than happy to live on $60K a year!


next: Cooking in the Future: What Your Kitchen Will Look Like in 2040
159 comments so far | Post a comment now
Mary April 2, 2011, 5:50 AM

I enjoy your wordpress layout, where did you get a hold of it?

my website April 2, 2011, 5:50 AM

Weird , this page shows up with a dark hue to it, what shade is the primary color on your site?

inexpensive web hosting April 3, 2011, 9:02 PM

Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how could we communicate?

Jeep Jeep Media PA April 4, 2011, 6:58 AM

Hi there, I don’t understand if it is my web browser or not, yet when i mouse click on the web link to the RSS feed nothing at all happens, it is like it is a dead url or does not work?

wholesale Vikings jerseys April 4, 2011, 7:00 AM

I know your placement time after time and I just intention I’d pronounce jail up the ethical available!

Herman Osment April 4, 2011, 8:46 AM

I am usually to blogging and i really respect your content. The article has actually peaks my interest. I’m going to bookmark your site and keep checking for brand new information.

Autoradio Adapter April 4, 2011, 9:16 PM

These tips are so true

jason April 5, 2011, 3:50 AM

Have you considered adding some videos to your article? I think it will really enhance viewers understanding.

About Romance Relationships April 5, 2011, 8:59 AM

Great post.

Cleta Calvery April 5, 2011, 6:48 PM

Just curious, what wordpress theme are you using as it looks cool?

Life Plus April 6, 2011, 10:49 PM

Oh man. This website is awesome! How do you make it look this good !?

Kredyt na auto santander April 7, 2011, 4:26 PM

The following time I read a weblog, I hope that it doesnt disappoint me as much as this one. I mean, I do know it was my choice to learn, but I really thought youd have one thing fascinating to say. All I hear is a bunch of whining about one thing that you may fix should you werent too busy searching for attention.

BPH kredyt hipoteczny April 8, 2011, 1:12 AM

great points altogether, you just gained a new reader. What would you suggest about your post that you made a few days ago? Any positive?

scooby doo ghost pirate April 8, 2011, 6:41 AM

Hi there! Do you know if they make any plugins to safeguard against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any suggestions?

Basil Eleby April 8, 2011, 11:43 AM

Hello! thank you for the great writing style. Keep it up!

lose weight walking on treadmill April 9, 2011, 2:17 AM

Do you have a spam issue on this website; I also am a blogger, and I was wondering your situation; many of us have created some nice procedures and we are looking to exchange techniques with other folks, why not shoot me an e-mail if interested.

Patrick Kane Jerseys April 9, 2011, 9:55 PM

Inordinate information, I value all of these opinions. Everyone needs to finish feeling self-ruling to express themselves abundantly

Pharmb639 April 16, 2011, 1:49 PM

Hello! dekeecc interesting dekeecc site!

online payday loans  May 8, 2011, 9:24 PM

Thanks for an idea, you sparked at thought from a angle I hadn’t considerd yet. Now lets see if I can do something productive with it.


Leave a reply:



(not displayed)

     




Avoid clicking "Post" more than once
Back to top >>
advertisement