Disney Actress Wasted ALL Her Money

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00:00This is how I blew all my Disney money. I started making money with Disney when I was 16. My shows

00:07were Kim Possible, even Stevens. They were in syndication, so I got residuals for a long time.

00:12I was not being taught how to manage my money. For example, when I was 21, I had a record deal,

00:17I had a book deal. And in that year, I made just about a million dollars. And in that same year,

00:22I spent it. Here's the thing too, she's living in California, you're making a million dollars a year,

00:27half of it goes to taxes. She's going to be in about a 40% federal tax bracket. And then another

00:3210, 13% to the state of California, that's 50%. She's walking away with 500 grand after tax.

00:38From a million, that's a substantial difference in lifestyle for 500 grand versus a million dollars

00:42a year in California.

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