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5 Celebrities who truly understand financial hardship

5 Celebrities who truly understand financial hardship

2010 has been an extremely difficult year for the vast majority of people in the UK. As a country we have experienced a rise in unemployment, a drop in average income and spiralling debt, but if you thought that the recent economic issues are only relevant to the average person, think again.

The truth of the matter is that even the people who seem to be constantly in the newspapers, on the television and on our Radios are not immune to financial problems.

So as we get ready to say goodbye to 2010, take a look at the list of 5 celebrities, who are no strangers to financial difficulty

Celebrity 1: Nicholas Cage

Nicholas Cage has been facing financial difficulties since 2008, which he asserts is due to his former Business Manager. As a result of his financial issues, Mr Cage has forced to sell some of his bigger purchases which amongst other things includes Castles

Celebrity 2: Mike Tyson

In 2003 Mike Tyson's finances were knocked down for the count when he filed for Bankruptcy after reportedly spending his $300 million dollar fortune funding an extremely lavish lifestyle way beyond his means

Celebrity 3: Kerry Katona

It is no secret that Kerry has had an extremely difficult couple of years. Kerry Filed for Bankruptcy in 2008 and was served with a repossession order on her home in December 2009 after consistently failing to meet her Mortgage repayments

Celebrity 4: Joe Swash

I'm A Celebrity King of the Jungle Joe Swatch is sadly not the king of his own finances and due to his failure to pay his taxes amongst other financial misdemeanours he too was declared Bankrupt at the end of 2009

Celebrity 5: Shane Ritchie

Shane Ritchie failed to live up to his name in terms of his finances and was forced to sell his home recently. Shane avoided bankruptcy with a little help from friends who covered his debts on his behalf




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