She's in serious debt!
Being a Teen Mom cast member means putting up with huge amounts of drama, rumors, and scandals… but at least it also means getting a huge paycheck. All of the cast members have gone down different roads with their sizable earnings, and while some have invested in businesses and side jobs, others have decided to live a lavish lifestyle while they can.
It always seemed that Kailyn Lowry was somewhere between these two options. She always treated herself when she wanted to, but still put money into her education and side projects. Maybe she should have saved a little more, though!
Despite making six figures as a Teen Mom star, Kailyn is facing some serious money problems. Could she be on the verge of serious financial problems because of her irresponsible spending?
Credit: MTV
Pay Up!
Credit: MTV
Kailyn Lowry has always prided herself on being a mature and responsible mother, and there’s no question about how much she loves her kids. Unfortunately, now there are quite a few questions about just how she balances all of her finances. In fact, Kailyn might find herself in some seriously hot water with the U.S. government for her money management (or lack thereof). Kailyn has just been hit with a massive tax lien after she failed to make payments on her home.
According to Radar Online, the Kent County Superior Court in Delaware has hit Kailyn with a judgement for $5,679.63 on Feb. 16, 2018. Now that it’s been over a month, this situation is getting even more precarious.
“The lien has not been paid off,” a clerk informed Radar, adding, “No court date has been set for it yet.”
So Much Debt!
Credit: MTV
Apparently, Kailyn’s not as put together as she seems. She recently spilled on her podcast that she’s in some hot water when it comes to debt. “I have so much debt right now,” she told her co-host Lindsie Chrisley on her podcast, Coffee Convos. “My kids would be left in the negative.”
She went on to reveal, “The mortgage left on the house and car payment” are top offenders. “I had to refinance my house,” she admitted. “My house got refinanced for lower than what we bought it for.”
Big Spender
Source: Instagram @kaillowry
It’s no question that raising three children is not cheap, but is that the only explanation for Kailyn’s money problems? It’s hard to overlook all of her extravagant vacations, including her recent trip to Hawaii with Leah Messer where she showed off her stunning weight loss. And that’s far from the only way that Kailyn’s household may be leaking money.
“Not shocked, not shocked at all!” wrote reddit user Cupcakeann. “She goes on 10x the amount of luxury vacations as any other teen Mom! She has already been on 2 this year! And has a big Jamaica trip planned!”
They added, “Trade in BMW get a nice reliable and affordable car. Stop buying pets, stop redecorating/over decorating your house, and start putting that degree to good use and get a job with some decent benefits! And please no more children until your financial stable!” But given the fact that Kailyn is already hinting at the identity of her fourth baby daddy, that’s probably not going to happen.