*In an interview with Sister 2 Sister magazine, Toni Braxton says she has to rely on lucrative tour dates in Europe to boost her bank balance, because her family’s reality TV show is not profitable enough for her to live on.
The singer was forced to file for bankruptcy last year amid reports she owed between $10 million and $50 million in unpaid debts after cancelling a series of Las Vegas shows due to heart problems.
She recently assured fans her financial woes were not as bad as had been reported and claimed she just had an outstanding tax debt with U.S. authorities amounting to $500,000.
But the star, who currently appears in the We TV reality show “Braxton Family Values” alongside her four sisters and mother, insists she has only managed to stay on top of her money issues by taking on concert deals outside of America, because she and her two young sons can live off the big pay checks for months on end.
“I still live in a house in Atlanta. And I do one-off dates in Europe – because I’m much bigger in Europe than I am here in the States,” she tells the magazine. “I do little spot dates here and there and get paid really good, so I am surviving. The reality show is not how I am really getting paid. Who said reality shows make you rich? That’s a misconception.”