Lindsay Lohan may be overdoing it on the … uh … Red Bull, because Gatecrasher is reporting that she’s broke as a joke right now.
According to friends of the two, Lindsay’s overspending is out of control, and it’s putting additional strain on the ladies’ already volatile relationship.
“Lindsay is spending like crazy!” a friend of the actress tells us. “She’s living on credit right now. She has no cash. The problem is, the money being spent is mostly Sam’s because Lindsay doesn’t really have any of her own at the moment; she’s really taken on the ‘man’ role in their romance. Sam really thinks Lindsay needs to learn how to become a recessionista and manage her money better.”
A second pal agrees. “Lindsay’s money situation has never been great, but it’s only gotten worse over the last month. For every dollar she makes, she spends double. Her personal appearance fees are literally the only thing keeping her afloat. But here’s the rub: Because of her explosive relationship with Sam, she’s unable to get the type of cash she’s used to. The negative press and constant appearance cancellations are hurting her pocketbook.”
Recent extravagant purchases the starlet has made include a $30K Rolex watch and a new Maserati, a glam ride which usually costs upward of $100K.
I don’t know how true this is. I mean, Lindsay didn’t exactly inherit a lot of smarts about money (you’ll recall that her father is a former Wall Street trader who did four years in the slammer for stock fraud … NOT SMART), and it’s not like she’s making a whole lot of movies or albums lately, but she is still one of the most famous people on the planet, and there’s money to be made there. Sure, she may be flaking on party appearances, but let’s err on the low side and say she makes $10K for an appearance. So if she manages to drag her hungover ass to just 5 of those a month, she’s making $50K/month. Add to that her fairly consistent modeling gigs (she recently told Nylon mag that she’d be happy just focusing on modeling), whatever under-the-table money she’s getting from photo agencies and for product placement, and residuals on her past hit films and albums, and realistically this girl is clearing $100K/month easily. Let’s say 20% of that goes to her agents and PR folks, so we’ll give her $80K/month, and this is probably a very low estimate. Take out taxes (after the fact that she can write off basically everything she does ever) and we’re looking at $60K/month. Again, this is probably a VERY LOW estimate of her income.
The Maserati, assuming she’s on a payment plan, is running her around $3500/month. Mortgage is probably $10K, maybe a little more. She probably spends around $5K on hair monthly, plus a stylist and makeup artist at around $5K. I assume most of her travel and hotels are funded by whomever’s hosting the event she’s attending, but let’s go ahead and budget $15K/month for travel. Gas, food, etc is negligible here. Alcohol’s probably comped most of the time she’s out, and let’s budget “party favors” at $15K, although this may be a low number, but I’m assuming she gets most of it for free. So we’ve got her at around $55K/month in financial obligations, and the rest is free for shopping, much of which is probably given away to her or sold at a deep discount.
I have no idea why I just spent twenty minutes of my life doing Lindsay Lohan’s budget, but I’m always kind of annoyed with these “LINDSAY IS BROKE!” stories when odds are she’s doing just fine.
- Filed under: Lindsay Lohan








































































































































