*Allen Iverson isn’t working, but he’s making a nice living – $62,500 a month.
But the former NBA star is living a lifestyle way beyond his means, spending $358,376.66 a month according to an entertainment watchdog website.
TMZ reports that more than $125,000 of his money is going toward paying off several creditors, including his jeweler and mortgages. And his Atlanta home is going to be auctioned off soon.
His spending is more than out of control. He spends $10,000 on clothing each month, along with $5,000 on entertainment and another $5,000 at restaurants.
Iverson made more than $150 million during his NBA career, but at the end of each month, he falls almost $300,000 further into debt.
he spends that much and the picture you show is the representative of it? his ass needs to be broke
Exactly!!
1. Allen Iverson not working, but he makes a nice living – $62,500 a month.
2. So A.I. is living a lifestyle way beyond his means, spending $358,376.66 a month
3. $125,000 of his money is going toward paying off several creditors, including his jeweler and mortgages.
4. His home in Atlanta home is going to be auctioned off
5. He spends $10,000 on clothing each month, along with $5,000 on entertainment and another $5,000 at restaurants.
6. A.I. made more than $150 million during his NBA career, but now at the end of each month the he falls almost $300,000 further into debt.
* Regardless, of how this may look or sound to others, but this is his money. He is free to spend his money any way he likes or until he’s flat broke. Hopefully he’s paying child support for his children while he’s doing the big spending.
So what TMZ it’s his money!! What’s the difference, TMZ waste money paying their people to stalk and harass celebrities all the time. Allen can do what he wants with his money and TMZ you can do what you want with yours!
Exhibit A: This is one example as to why we have no significant wealth. It doesn’t matter if it’s his money or what, he never learned to use his money in a way that it would benefit him and others. It’s not an “asset” if it’s on your ass or on your feet.
“It’s not an “asset” if it’s on your ass or on your feet”
Hey. I like that line. Could I ste- eh, borrow it?
I haven’t heard that line in awhile. It’s so true and so classic.
By the way who is we, or whom are you attempting to refer to? If so, such statement is not entirely applicable to all persons of a single or particular race. What profound knowledge and solid evidence available that supports such claim made? Regardless of ones race or color, no single person speaks for all. No one has a right, or business to tell someone else on how they think or feel an individual should spend, or save their money. A.I. has every bit of right to spend his money in any kind of manner. Since, he’s entitled to and has rightfully earned. Whether we like it or not. Laugh online. Just who is anyone to say what he should do with his money? The bottom line his money is solely his money. Regardless, if it does not benefit others. He’s doing exactly what he wants to do with his OWN money and he can do just that, so what? If he elects not to learn something in a way that it would be beneficial to him and others. Oh well, it is what it is. Nothing more than his preference. Hopefully these other have their own monies in lieu of expecting to benefit from.
A fool and his money are soon parted