Interest money

The child stars who had money problems, financial problems

In a video for her YouTube channel, Christy Carlson Romano said she “won and lost millions of dollars” because, as a child actor, “you’re not told work is going to slow down.”

Christy CarlsonRomano.

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“Even Stevens” and “Kim Possible” actress Christy Carlson Romano got candid about her finances in an August 2021 YouTube video titled “how i lost all my money.”

She said she spent money on ‘big ticket items’ like Ralph Lauren clothes, a Mercedes-Benz G-Wagon and a psychic who she says managed to get a lot of money from her .

“I was using buying stuff and money as a weapon,” Romano said. “I felt like if I could just buy certain things I would feel better or just live a certain lifestyle.”

Romano added that she had book and record deals that brought in around $1 million a year, but spent it all in the same year.

“My biggest thing about child actors, you’re not told the job is going to slow down,” Romano said. “In fact, I was told otherwise, including by my mum, some of my team members, even my fund manager at the time.”

Romano said she regrets not investing the money she earned as a child star or learning how to manage her finances.

“I’m not a millionaire by any means. I’m just a mom monetizing my channel, doing sponsored content, having fun, working when I can,” Romano said.