All is not in the pink for Bravo’s ‘Real Housewives of New Jersey’ Theresa Guidice, her husband and four lovely children. Theresa Guidice and family have racked up $11 million in debt and foreclosed on Jersey Shores and Lincoln Park homes. Gothamist quotes these figures from the Guidice family bank book:
-$20,000 on credit cards for Bloomingdale’s.
-$104,000 across eight other credit cards.
-$1,280-a-month payment for a black Cadillac Escalade.
-$12,000 to a Garden State fertility clinic.
-$1 million for property in Clifton, NJ.
-$2,000 in 10 minutes of shopping, as seen on the “Real Housewives of New Jersey.”
-A trip to a spa in a pink stretch limo for their 9-year-old daughter’s birthday.
Next on the bank’s slated axe list is the Giudice’s third home (six family members, four underage, three homes; can you do the math on that one, ’cause I’m lost?). Said third home in Towaco, NJ is valued at $1.8 million. Will the Giudice family be homeless?
Here are the numbers I find most intriguing. Theresa Giudice and her husband earn $6,583 a month. That’s just shy of $90,000 per year. Good money, but not outstanding. And certainly not enough to warrant such astronomical bank and mortgage lending. But notice I said ‘earn’. Over and above the Guidice’s earned income the couple collects $10K a month in ‘assistance from family members’. I wonder how much of that $120,000 is claimed on Theresa Giudice and her husband’s income tax returns and I wonder how it is claimed? (Sorry, ‘shrewd, but scrupulously ethical Hollander’ business woman coming out in me.
Hopefully, Theresa Giudice’s book Skinny Italian: Eat It and Enjoy It- Live La Bella Vita and Look Great Too! will net the family a few shekels to keep them from starvation. Although I’m not holding my breath. Theresa’s book has only been out in print since May 2010 and already it’s available from dozens of used vendors for a song. Evidently not a culinary must-have? Either that or Theresa Giudice’s secret is out; you cannot have your pasta and stay skinny without you have monthy liposuction.
For more fun romps through the dirty laundry of the used-to-be-rich and mostly infamous, visit me at Marilisa on Live+Love+Learn.