The journey to stardom and riches isn’t an easy one. Even more difficult is holding on to the newfound wealth. Unfortunately too many rappers have shown that to very true.
Being in the limelight entertainers often feel the pressure to keep up with the Jones. The car has to be right, the jewelry has to be up to date, bottles have to be popped and VIP is the only way you travel.
With all those unspoken prerequisites comes a need for proficiency in money management that few stars really have. That’s why year after year we have top tier Rap recording artists crying broke. But before the official move into the poorhouse is made, there are some very clear indications that they are heading into trouble.
So we present the top 10 signs your favorite rapper is in financial struggle. Did we mention that Moguldom Studios has a new documentary titled When The Checks Stop Coming In that details how celebrities can easily go broke?
Learn more about, or buy or rent, When The Checks Stop Coming In here.
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Photo: Instagram
1. Their Name Is Synonymous With Fake Jewelry
Soulja Boy keeps giving the @FakeWatchBusta account material with his AP that never moves past the 10:25 mark.
2. Property is being repossessed.
Diamond, formerly of Crime Mob, had the lucky encounter of having her car taken at a video shoot. Ouch.
3. It’s Cheaper To Keep Her
When Kelis filed for divorce against Nas her legal feels alone, that he had to cover, came up to be $200,000.
4. House Foreclosures
Losing your home is a clear sign that there are money woes to come. Nas had his Atlanta mansion taken after failing to make the mortgage payments.
5. The Child Support Payments Are A Mutha
Ask Ludacris. He knocked up a woman he met and claimed financial difficulties when the Judge declared the child support payments.
6. Jail Is Their Second Home
How profitable can you be when you are in the clink every other week?
7. Reality Television
Chances are if a rapper is on reality television their career is on a downslide.
8. They Get Caught Stealing
We are still bewildered on why Foxy Brown is out in Brooklyn not paying for weave; allegedly.
9. The Taxman Cometh
Uncle Sam does not play when it comes to tax evasion. Fat Joe and Lauryn Hill know this all too well.
10. Your Own Boss Puts You On Blast For The Money You Owe Them
Young Buck has never really recovered from this taped phone conversation where he admitted “I’m wrong” while holding back tears.
