Shannon Beador’s finances came into sharp focus on a recent episode of The Real Housewives of Orange County, where the Bravo star acknowledged that her monthly expenses are approaching $40,000. As she confronts mounting financial pressure, Beador admitted that her spending has outpaced what she can realistically sustain — a familiar storyline for more than one member of the Housewives franchise.
Shannon Beador admitted she spends $37k a month
During a candid review of her budget with Vicki Gunvalson, Beador discovered that she is paying more than $37,000 each month to cover her regular costs. The reality star said the numbers were a wake-up call and made it clear she knows changes are necessary.
“I just want to pay the money that I owe for taxes and everything,” she said. “Like, I want to be squared up.”
Beador said a major portion of her monthly spending goes to her children, revealing that she provides them with $20,000 a month. Her other expenses include roughly $3,000 for Uber rides, $900 for healthcare, $3,500 for utilities and renters insurance, along with $10,500 in monthly rent for her home.
Gunvalson informed her that she cannot afford this much in rent. While Beador said she doesn’t want to leave her home, she also understands that she has made some financial mistakes.
“As my spending habits are scrutinized, it’s going to be like, ‘What the f*** were you doing, Shannon?’”
Shannon Beador is hardly the only ‘Housewives’ star to spend more than her means
Beador is not the only Housewives star to face financial troubles. On The Real Housewives of Beverly Hills, cast members questioned Dorit Kemsley’s spending habits. In divorce proceedings, her estranged husband PK Kemsley also claimed that she spent close to $1 million on retail purchases over 14 months. While she was spending this money, there were missed mortgage payments on their house.
Former Real Housewives of Atlanta star Kim Zolciak also dealt with major financial issues. She owes the IRS over $1 million in unpaid taxes but continued living a lavish lifestyle.
“We still had a house cleaner, a chef, I was like, ‘Mom, how the f*** are we? What do you mean?’” her daughter, Brielle Biermann, said on Heir Time. “She’s like, ‘Because I never wanted this to be taken away from you guys. It’s what you were used to.’”
Other Housewives who faced major financial problems include Sonja Morgan, Kenya Moore, Teresa Giudice, and Wendy Osefo.
Lisa Rinna spoke about her clothing budget
Lisa Rinna, who starred on The Real Housewives of Beverly Hills, said that her clothing spending skyrocketed during her time on the show.
“I don’t think fans of the Housewives franchises understand that we get ZERO clothing allowance, but we are expected to dress to the nines and never repeat outfits,” she wrote in her new book, You Better Believe I’m Gonna Talk About It. “The producers just expect it. This unwritten rule can bankrupt a b**** if she’s not careful.”
She said she spent every penny she earned from the show on her wardrobe.
“No one on Housewives is making any money. I can tell you that,” she wrote. “Because you’re spending it all. I spent most of my salary on clothes.”
Rinna added that she is glad she left the show before bankruptcy.