Honey Boo Boo's Mom Financially Smart

[jeffrey]

Honey Boo Boo is going to be just fine financially when she gets older, thanks to wise financial planning from Mama June. The reality TV mother has revealed she siphons the majority of the family's "Here Comes Honey Boo Boo" earnings into trust funds for her daughters.

The family receives between $15,000 - $20,000 per episode, which is divided equally into accounts for Alana "Honey Boo Boo" Thompson, 7; Lauryn, 12; Jessica, 15; Anna, 18, and baby Kaitlyn, the reality matriarch told TMZ. The girls will not be able to access the funds for anything other than schooling medical emergencies until they reach the age of 21, June revealed...

Mama June Sets Up Trust Fund For Honey Boo Boo & Daughters - Yahoo! omg!

[moneybags]

I have total respect for the way she is handling her finances. She is also a big couponer .

[bjl584]

I find the whole show completely ridiculous. It's no wonder most people are so ignorant to the important issues in the world. They are too busy with nonsense like this.

Good for them if they are smart with their money, but these types of shows makes me want to throw my tv out the window.

[Tree0164]

The show it nutty. I watched it once but my Sil is obsessed with it.

I think it smart to put the money into a trust for all of them.

"You're never gonna see me drive a Range Rover or a Mercedes," she said. "I'll drive one if someone else pays for it. Never gonna live above my means."

I wonder if Kate Gosslin did the same thing-for some reason I don't think she did

[scfr]

I don't live under a rock so I have heard of Honey Boo Boo, the Kardashians, and the Real Housewives, but am delighted to say I have never seen any of their shows. Not having cable can be a real blessing!

Having said that, good for momma! Sounds like she has some solid good sense when it comes to finances.