Many people have excessively expensive tastes but very few can actually keep up with the lifestyle financially for very long. Farrah Abraham might just be a great example of this double-edged sword.
It’s clear from her numerous plastic surgeries, flashy appearances, world traveling, and her miniature horse Starburst that she enjoys living a pretty lavish lifestyle. Many think it was only a matter of time before it all went up in flames.
It seems that time has come sooner rather than later, as this inside report reveals that Farrah is heading straight for bankruptcy. Meanwhile, she recently jetted off for a pricey vacation in Hong Kong!
From the way she spends money, one would think Farrah Abraham was one of the wealthiest reality stars out there. She’s constantly updating fans about cosmetic procedures, new purchases, and expensive travels.
Maybe all of that is starting to catch up with her, because it looks like the Teen Mom OG star is headed straight for bankruptcy.
“This OG Teen Mom is nearing bankruptcy. Her most recent actions won’t save her,” this insider’s report reads. “She doesn’t have nearly enough income to stop the bleeding of all the costs.”
It was confirmed soon afterwards that this particular blind item was filed about Farrah Abraham.
Bankruptcy would mean the end of Farrah’s lavish lifestyle, but it would also affect her numerous businesses, which may be a significant source of her financial leaking. She currently owns three brick and mortar businesses: a frozen yogurt shop called FroCo, a furniture store called Furnished by Farrah, and a children’s boutique called Sophia Laurent.
Needless to say, these expenses add up very quickly. In fact, when Farrah made her first cam show appearance, she created a wishlist with different requests her viewers could send. One option was to pay her bills, which racked up to $30,000 per month!